OF THE
RAILROAD s
OF THE
UNITED STATES
1878.
HENRY V. POOR.
HUSSEY, HOWE & CO
Manufacturers of all Descriptions of
CAST STEEL
Specially Adapted to
RAILROAD
IN REPAIRS OF TRACK AND ROLLING STOCK,
AND FOR
1
Office and Works, - - PITTSBURGH.
BRANCH WAREHOUSES:
BOSTON, 34 Oliver, cor. Franklin St.,
NEW YORK, 3 Cliff Street.,
CHICAGO, 146 Lake Street.
CALVIN WELLS. AARON FRENCH.
PITTSBURGH
Cast- Steel Spring Works.
MANUFACTURERS OF
EXTRA TEMPERED, LIGHT ELLIPTIC
Cast-Steel Springs,
With Patent Hot Compressed Bands,
FOE RAILROAD CARS AND LOCOMOTIVES.
Diploma and Medal awarded for Good Design, Excellence of Workmanship
and Material, Uniformity of Action, and Durability.
WORKS a
Cor. of Liberty and Twenty-first Sts.,
PITTSBURGH, PA.
B. E. KICKER & CO., General Agents,
Goal and Iron Exchange Building, New York.
MEW YORK
The Oldest and Largest Manufacturers in the United States cf
Vu canized Rubber Fabrics
ADAPTED TO MECHANICAL PURPOSES,
MACHINE BELTING with smooth metallic rubber surface:
STEAM PACKING in every form and variety :
LEADING AND SUCTION HOSE of any size or strength:
PATENT "SMOOTH BORE" RUBBER SUCTION HOSE:
This extra quality of Hose is made expressly for Steam Fire Engine use,
and will stand a pressure of 400 Ibs. per square inch.
ANTISEPTIC LINEN HOSE, a cheap and durable Hose for Mill and
Factory purposes.
ANTISEPTIC RUBBER-LINED LINEN HOSE, the lightest Hose manufac-
tured for Hand or Steam Fire Engines. Will stand a pressure of
300 Ibs. per square inch.
CAR SPRINGS of a superior quality, and of all the various sizes used.
SOLID EMERY VULCANITE WH EELS, for grinding and polishing metals-
the ORIGINAL Solid Emery Wheel, of which all other kinds are
imitations and greatly inferior.
Warehouse, 37 and 38 Park Row, New York,
JOHN H. CHEEVER, Treas.
Price Lists and other information may be obtained by mail, or
otherwise, on application.
THE STANDARD STEEL WORKS.
Locomotive and Car Wheel
TIRES,
Thoroughly Hammered and Rolled
TO DESIRED SECTIONS,
MANUFACTURED PROM
The Celebrated OTIS STEEL
ALSO
STEEL AXLES:
And Heavy Steel Forgings.
REPRESENTATIVES :
B. B. EIEKEB&CO.,NewYork,
ANDREW WABBEN, St. Louis.
JOHN V. AYEB'S SONS, Chicago.
H, H, WALEEB, New York, for the South.
WOBZS, LEWISTOWN, PA,
OFFICE:
22O SOUTH FOURTH ST.,
Philadelphia.
L. H. TAYLOR, S. P. It VlCICIt, J. H. WALKER,
President. Superintendent. Secretary and Treasurer.
THE TAYLOR IRON WORKS.
Office and "Works at;
High Bridge, N. J.
MANUFACTURERS OF
Chilled and Steel-tired Wheels,
For LOCOMOTIVE, PASSENQEE, AND FREIGHT CAB SERVICE;
ALSO
Extra Scrap Hammered, Locomotive Driving,
Tender and Car Axles, Draw Hooks and Forgings.
WHEELS AND AXLES FURNISHED FITTED OR SEPARATELY.
NARROW-GAUGE WORK A SPECIALTY.
WM. J. NICOLLS, General Agent,
91 Liberty Street, New York.
PHILIP L. MOEN,
President and Treasurer.
CHARLES F. WASHBURN,
Vice-President and Secretary.
Washburn 0 Moen Mfg. Co.
Established, 1831. Capital, $1,500,000.
WORCESTER, MASS.
WIRE DRAWERS.
PATENT
Galvanising, Rolling and Tempering.
MANUFACTURERS OF
Of Every Description.
A SPECIALTY IS MADE OF
Galvanized Telegraph Wire,
GALVANIZED TELEPHONE WIRE,
AND
Patent Steel Barb Fencing.
NEW YORK OFFICE:
42 Cliff Street.
CHICAGO OFFICE:
215 and 217 LaTce Street.
GEOBGE WESTINGHOUSE, Jr.,
PRESIDENT.
EALPH BAGALET,
SEC'Y & TREASURER.
T, W, WELSH,
SUPERINTENDENT.
PITTSBURGH, Pa., U. S. A.,
MANUFACTURERS OP THE
Westinghouse Automatic Brake.
Westinghouse Locomotive Driver Brake.
Vacuum, Brakes (Westinghouse & Smith Patents.)
Westinghouse Air Brake.
Particular attention is called to the " AUTOMATIC " and "LOCOMOTIVE
DRIVER BRAKES," now being tested and adopted by the prominent lines.
With the "DRIVER BRAKE" the engineer can handle an ordinary freight
train better than with brakemen. The saving in car wheels and wages will there-
fore be apparent. On shifting or yard engines it is invaluable.
The " AUTOMATIC " has proved itself to be the most efficient train and safety
brake known. Its application is instantaneous ; it can be operated from any car in
the train, if desired, and should the train separate, or a hose or pipe fail, it applies
automatically. A GUARANTEE is given customers against LOSS from PATENT SUITS
on the apparatus sold them. FULL INFORMATION FURNISHED ON APPLICATION.
2 EXCHANGE COURT, NEW YORK.
Liberal Cash Advances made on Consignments of Cotton and Tobacco to
our address, also to our friends in Liverpool and London.
GOVERNMENT SECURITIES, GOLD, STOCKS AND BONDS
Bough.! and Sold on Commission.
SPECIAL ATTENTION GIVEN TO RAILWAY SECURITIES AND LOANS.
Accounts Received and Interest Allowed on Balances,
"WHICH ]M^Y BE CH:EO:K.:EI> FOI1 AJr SIGHT.
[ROOM 60 TRINITY BUILDING]
Jersey City
MANUFACTURERS OF
HAMMERED AND ROLLED
WARREN ST., JERSEY CITY, H.
TOOi, J>J?J£i, JP-JJOG JPi^TBS and POJJTrS, CUTLERY, RAKE, AXE, HOE,
MACHINERY, SPRING, WAGON AXLE,ITIRE, SWORD, BAYONET,
RIFLE AND PISTOL, MADE TO ORDER.
JAS. B. THOMPSON.
B. ILLINGTVORTH.
J. H. GAUTIER.
Ip^T
MANUFACTURERS OF
Bessemer Steel and Iron Rails
AND FASTENINGS.
AND OTHER FORGINGS
Of Siemens-Martin and Bessemer Steel, and of Iron.
GALVANIZED and BLACK SHEET IRON,
CORRUGATED ROOFING AND SIDING,
Spring Steel and Wire of all kinds,
Agents for the sale of STEEL SCREWS of all Sizes.
H. CHISHOLM, iPres't.
A. B. STONE, Vice-Pres't,
New York Office, 52 William Street
E. T. PAGE, Secretary.
W. B. CHISHOLM, Gen. Sup't.
, O.
Works at Edge Moor, on Delaware River.
Post-Office, Wilmington, Delaware.
New York Office, 79 Liberty St.
MANUFACTURE ALL KINDS OF
FOK
BRIDGES, ROOF TRUSSES, AND BUILDINGS.
Specialties :
HYDRAULIC FORGED EYE BARS,
HYDRAULIC FORCINGS AND HYDRAULIC RIVETED WORK.
IMPROVED WROUGHT IRON TURN-TABLES,
Specifications from Railroad Companies, Engineers, and Contractors solicited, upon which estimates
will be prompllf furnished.
WILLIAM SELLEKS, President. ELI GAEBETT, Sec'y and Treas. GEOSGE H. SELLERS, Sen'l Supt.
MANUFACTUEEKS OF
We claim our goods are unexcelled in UNIFORMITY,
RELIABILITY, BRILLIANCY, DURABILITY, and flowing
qualities.
Particular attention is called to our Double Refined
Boiled Oil. Send for Rail-way Descriptive List.
CHICAGO VARNISH COMPANY,
192, 194 and 196 Pine Street, Chicago, HI.
MID YALE STEEL ¥OHKS.
Works and Office, NICETOWN, PHILADELPHIA, PA.
MANUFACTURERS OF
CRUCIBLE AND OPEN HEARTH STEEL,
LOCOMOTIVE & CAR WHEEL TIRES.
STEEL AXLES OF EVERY DESCRIPTION.
STEEL FORGINGS UP TO 8000 LBS. IN WEIGHT.
Solid Stesl Castings, Hammer Dies, Frogs, Crossings, etc.
BEST TOOL, MACHINERY AND SPRING STEELS.
WM. SELLERS, CHAS. A. BRINLEY, MARRIOTT C. SMYTH,
President. Superintendent. Sec. and Treas.
BALTIMORE BRIDGE COMPANY.
KENTUCKY RIVER BRIDGE. Length, 1,138 ft. Height, 276 ft.
C. SHALER SMITH, FRED. H. SMITH,
215 Washington Ave., St. Louis, Mo. 13 German Street, Baltimore, Md.
Refer to their bridge over Missouri River at St. Charles, containing seven spans
of 300 to 325 feet each ; to their bridge over Mississippi River at Rock Island; to their
Varrugas Viaduct 252 feet high in Peru, South America; to their Cincinnati Southern
bridge over Kentucky River in three spans 375 feet each and 276 feet high ; to their
Appomattox "High Bridge" in Virginia in 21 spans, 112 feet each and 90 feet high; to
five spans 255 feet each in Susquehanna bridge at Havre de Grace ; and to a general
total (including the above) of over sixty -six thousand lineal feet of bridges built by
them, besides many other works of a miscellaneous character.
CHARLES PARRISH,
President.
WOODWARD LEAVENWORTH,
Secretary and Treasurer.
T. C. NORTH,
Superintendent .
THE HAZARD MAIDFACTDRIIG CO.,
Wilkes-Barre, Luzerne County, Pa.,
MANUFACTURERS OF
FOR
Mines, Inclined Planes, "Wire-rope Tramways,
Transmission of 3?ower, Suspension
Bridges, Ship Rigging, Etc.
This Company has the largest and most perfect rope-making machinery in the world, capable of mak-
ing ropes of any size, from sash cord to ropes sixty tons in weight, without a splice.
These Ropes are used more generally than any others throughout the coal regions.
Our Ropes are made of wire drawn at our own mill, from the best brands of Swedish iron, and from
superior quality of steel. Wire drawn from the rod to any size, at our Mill at Mauch Chunk, Pa.
A large stock of Ropes of different sizes constantly kept on hand,
from which orders can be filled at short notice.
For Prices, Instructions on the use of Wire Rope, and other information, address,
The Hazard Manufacturing Co.,
WILKES-BARRE, PA.
RAILROAD INSURANCE.
All Railroad Property and Risks, as Common Carriers and 'Warehousemen,
Insured against Loss by FIRE on the only plan that gives
Absolute Indemnity at a Minimum Cost.
ONE OK MOEE POLICIES ISSUED AT THIS OFFICE TO COVEE THE PROPEETY
OF ANY EOAD IN THE UNITED STATES.
SATTERLEE, BOSTWICK & MARTIN,
171 Broadway, New York.
LAKE
IRON CO.
DIiffiTliliA!
MANUFACTURERS OF
FORGINGS, BAR IRON,
NUTS AND WASHERS, SHEET IRON, ANGLE
IRON, ETC.
AND, IMPORTERS AND DEALERS IN
Heavy Hardware, Forgings of all Kinds,
BOTH STEEL AND IRON,
FOR RAILROADS, MACHINE SHOPS, AND
STEAMBOAT WORK.
Fagoted Car, Truck, Tender, and Locomotive Axles, Crank Pins, Slide
Bars, Piston and Connecting Rods, Cross Heads,
Locomotive Frames, Shafting, etc.
ALL SIZES OP ROLLED IRON,
FLAT, ROUND, SQUARE, AND HEXAGON,
Manufactured from Hammered Blooms, for Bailroads, Machine Shops,
and Agricultural Purposes.
STAY BOLT IRON, BRIDGE BOLTS, ETC,
Ofice: No 104 & 106 St. Clair St.
10
®
10
i & LOVELL
emission
fchaots
70 & 71 WEST STREET,
WM. BOBDEN,
I. N. LOVELL.
NAILS, BANDS, HOOPS, AND RODS.
CUMBERLAND COALS,
FALL RIYER LINE STEAMERS.
The B. M. Co.'s "Pit" Coal, from their Shaft in the heart
of the George's Creek Valley, Maryland, by its richness and
purity has been found especially desirable for Locomotive and
Steamer use, for either of which it is unequalled by any Coal in
the United States, whether offered under the name of " Cum-
berland Coal " or " George's Creek Coal."
11
CO
99 JOHIsT STREET,
JV0. 6 OLIVER STREET, BOSTON, MASS.
W. R. HART, Ag't, THOMAS J. HOYT, Ag't,
208 South Fourth St., 709 North Second St.,
Philadelphia) fa. St. Louis, Mo.
STEEL TIRES
Cast-Steel Frogs and Crossings,
CAST-STEEL PISTON RODS,
w
SPRING STEEL (Cast and German),
ALL KINDS OF STEEL FOR RAILROAD PURPOSES,
RAILROAD IRON,
Tin and Terne Plates, Copper, Lead, Tin,
Etc., Etc.
MARTIN SIEMENS IRON AND STEEL
12
LUEOff YALVE MTG CO.,
OFFICE AND WORKS:
938 to 954 River St., and 67 to 83 Vail Av., Troy, N, Y.,
(Double and Single
Gate, i£ in. to 43 in.
— outside and inside
Screws, Indicator, etc.)
for Gas, Water and
Steam. Send for Cir-
cular.
VALVES AND FIRE HYDRANTS.
THE KEYSTONE BRIDGE COMPANY,
Cincinnati Southern 'Railway Bridge.
Builders of St. Louis Bridge, Raritan Bay Bridge, and the largest Bridges,
over the Ohio and Mississippi Rivers etc.
Design and construct Wrought-Iron Bridges, Combination or Wooden Bridges, Iron Roofs, Viaducts,
Iron Buildings, Elevated Railways, Pneumatic Masonry and Screw-Pile Substructure, Wrought-Iron
Turn-tables, Iron Columns, Weldless Eye Bars, Castings and Machinery.
MAIN OFFICE AND WORKS: Pittsburgh, Pa,, WESTERN OFFICE: Room 53, Metropolitan Building, Chicago,
J. H. LINVILLE, President, 218 S. Fourth St, Philadelphia.
18
Phoenix Wire Broom and Brush Works,
M. C. ISAACS & CO., Proprietors,
199, 201, and 203 Randolph Street, Chicago, III.,
Sole Manufacture's of
Isaacs'
Patent
Locomotive
Steel Wire
No. 2,
Snow and Track
All orders will receive prompt and careful attention by addressing
M. C. ISAACS & CO., 199, 201, and 203 Randolph St., Chicago, III.
14
Justice Cox, Jr.
Charles K. Barns.
333 WALNUT STREET, PHILADELPHIA,
for
Chickies, St. Charles, $> Montgomery Furnaces,
CATASADH MANUFACTURING GO'S
BAR, ANGLE, SKELP, PLATE AND TANK IRON,
HIGHEST QUALITY ROLLED IRON AND STEEL CAR AXLES.
New and Old Rails, Car Wheels, and Scrap Bought and Sold.
THE SPRINGFIELD IRON CO.,
Springfield,
Illinois.
Of any weight, from 30 to 70 Ibs. per yard.
Also SPLICE BARS, BOLTS, AND NUTS FOR THE SAME.
»_*_ —
This Company is now prepared to reheat its rail piles, the first heating
and second heating both being done in Siemens Gas Furnaces.
Quality of the rails guaranteed to be as good as the best.
15
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16
LEWI1T W. BAHEINGEE,
Attorney & Counselor at Law,
436 Walnut Street, Philadelphia, Pa.
CORPORATION and MERCANTILE PRACTICE
A SPECIALTY.
PARTICULAR ATTENTION GIVEN TO THE COLLECTION OF DEFAULTED
B
RAILROAD, MUNICIPAL, STATE AND COUNTY
AID OTHER SECURITIES.
Best References given as to Legal and Financial
Responsibility.
ATTENTION GIVEN TO ALL LEGAL BUSINESS.
CARS FOR TWO HORSES,
COMBINING ALL VALUABLE INVENTIONS,
Elegant Style,
LIGHT
AND
DURABLE,
FULL SIZE,
AND
Reduced Weight,
CARS FOR ONE HORSE,
With or without Platforms, or to Swing on Trucks,
EVERY STYLE AND VARIETY OF CONSTRUCTION.
This Establishment commenced building Street Cars in 1831 and is famed
For Superior Elegance of Workmanship and Substantial
Practical Results.
JOHN STEPHENSON COMPANY,
47 East Twenty-seventh Street, New York.
19
MERCER RUBBER Co.,
TRENTON, N. J.
.P. O. J3oa? 247. MANUFACTURERS OF
Tank, Locomotive, Steam,
Fire & Suction Hose,
BRAKE PIPE, CAR SPRINGS, PACKING, VALVES,
GASKETS, RINGS, MACHINE BELTING,
TUBING, WATER GAUGE WASHERS,
Etc., Etc., Etc.
AIR BRAKE HOSE A SPECIALTY.
Price Lists and Special Discounts Furnished on Application.
ft
PROPRIETORS OF THE
PIONEER FURNACES,
PEIVJVSYLVA.IVIA,
MANUFACTURE
RAILROAD IRON,
OF ALL SIZES AND PATTERNS, FROM 20 LBS. TO 70 LBS. PER YARD.
AND MAKE A SPECIALTY OF
Street and Mine Rails of All Patterns,
And Wheels and Axles of all sizes and patterns for Drift Cars.
ALSO MANUFACTURE
BEAMS OF ALL SIZES OF STANDARD PATTERNS.
20
Boston, Mass., and McEeesport, Fa.
Best Lap- Welded Charcoal Iron
BOILER TUBES,
SPECIAL LOCOMOTIVE TUBES
OF HOMOGENEOUS IRON,
One-eighth of an Inch to 16 Inches Diameter.
TnliPQ flflfl Pinp niflflp nf miir tliiolniPM nnfl ci?P flpdrpfl
lllUuo allll lip lllililu ul all] LllMlluoo allll MZu UuMlull,
Railroad Freight Cars
MAJ)E OF
Wrought-lron Tubes oa mm p«.
Warranted to carry any weight that Car Springs will stand.
They are at least
50 per cent, stronger than Wooden Cars.
"With a saving of 20 per cent, in dead weight.
They cannot burn, break, or splinter.
Have been in use over three years without a dollar of
repairs.
BOSTON OFFICE, CHICAGO, NEW YORK OFFICE,
8 Pemberton Square. 116 Lake Street. 104 and 106 John Street.
C1
PATENT OIL TANK
Patented September 26, 1871.
With improved
double-action con-
tinuous stream
Pump. Six strokes
of the piston will
fill a gallon mea-
sure. A barrel
can be emptied in
seven minutes.
The air-chamber is
always full,and one
stroke of the pis-
ton brings the oil,
no matter how lit-
| tie may be in the
Tank.
Send for sizes and prices to
GEORGE D. WINCHELL,
MANUFACTURER OF
Japanned f Stamped, and Plain
Tin, Zinc and Sheet Iron Wares
NOS. 112 AND 114 W. SECOND STREET,
Northwest Corner Race,
O.
22
JOHN S. KENNEDY. JOHN S. BARNES.
J. S. KENNEDY & CO.,
41 Cedar Street, New York,
BANKERS AUD MEHCHANTS.
Railway Bonds Bought and Sold,
JL.OAISTS NEGOTIATED.
AGENTS FOR THE SALE OF THE
STEEL AND IRON RAILS
MADE BY THE
Cambria Iron Company,
JOHNSTOWN, PA.,
AND THB
EDGAR THOMPSON STEEL CO.. LnM.
PITTSBURG, PA.
TRAVELERS AND RAILROAD MEN
SHOULD BE PROTECTED AGAINST THEIR
Special Hazards of Travel & Occupation
BY A YEARLY GENERAL ACCIDENT POLICY IN THE
TRAVELERS
Life and Accident Insurance Co.
OF HARTFORD, CONN.
Cash Assets, - $4,316,OOO Accident Policies written, - 48O,OOO
Cash Surplus, - 1,214, OOO Accident Claims paid, - - 3O,OOO
TOTAL AJKOTJNT ACCIDENT LOSSES PAID, $2,800,000,
THE TRAVELERS has paid over Haifa million Dollars to the families of railroad
men killed or disabled by accident.
JAMES G. BATTERSON, Preiident. RODNEY DENNIS, Secretary.
Offices in Tribune Building, New York ; cor. State and Kilby Sts., Boston ; 177 La Salle St.,
Chicago ; and in Principal Cities and Towns in the United States and Canadas.
23
WOOD CUTTING MACHINERY
TOR
RAILROAD CAR and BRIDGE WORK,
Patent Planing and Matching Machines,
Combination Dimension Planers,
Daniels' Planing Machines,
Patent Band and Scroll Sawing Machines,
Vertical and Horizontal Boring Machines,
Patent Car Graining Machines,
Patent Vertical Car Tenoning Machines,
Sill and Bridge Timber Dressing Machines,
Car Shaping and Moulding Machines,
Car Mortising and Boring Machines,
Heavy Ripping and Cross Cutting Saws.
Every Machine Warranted.
Estimates and Special Circulars furnished on
application.
OO., Cincinnati, Ohio.
The George Place Machinery Agency,
SOLE EASTERN AGENTS,
No. 121 CHAMBERS ST., NEW YOKE.
CHV SPURIFV
lmi MHUl.
Iron I Wood Working Machinery
OF EVERY DESCRIPTION.
Patent Cold Rolled Shafting, Hangers, Pulleys,
STURTEV ANT BLOWERS, VISES, BELTING, etc.,
121 Chambers and 103 Reade Sts , New York,
Agents for INDUSTRIAL WORKS, BROWN & SHARPE MANUFACTURING CO.,
NEW HAVEN MANUFACTURING CO.'S TOOLS, HARRIS-CORLISS ENGINES,
G. H, DEANE & CO.'S STEAM PUMPS, F. BLAISDELL Ss CO.,
PATTISON FORGES, J. A. FAY & CO.
Sole Agents for Tanite Co.'s Emery Wheels and Machinery.
Twist Drills mid Reamers, Chucks of every kind, Circular Saw Jtlllls
and Circular Saws, etc., etc.
Large assortment of Seeond-Hand Machinery in our
SECOND-HAND MACHINERY DEPARTMENT.
24
THE BEST OF ALL!
Pateit Journal Bearings.
Patented November 15th, 187O.
PERFECT SELF-FITTING. NON-HEATING.
These Bearings are made with an auxiliary bearing or thin lining of lead,
thoroughly secured to the hard metal bearing and constituting a yielding mould, into
which the journal quickly imbeds and jits itself by pressure ; the lead yielding and
adjusting itself to the size and form of the journal to which the bearing is applied,
before the pressure becomes great enough at any point to expel the oil from between the
journal and bearing, and thereby cause heating.
Journals, even if "hollow worn" and badly "cut," quickly bed and jit themselves
into the auxiliary bearing, as above, by pressure; and afterward gradually wear their way
through it and into the hard metal bearing, thus securing to the journal a perfect fit,
from the time of imbedding itself into the auxiliary bearing of lead, until the bearing
of hard metal is worn out; entirely doing away with the heating of journals from want
of jit, which so often results from the application to them of new bearings made
in the ordinary way, involving numerous delays and disasters, and greatly increas-
ing the cost of operating railways.
These bearings are made with the greatest care, from the best materials, and of any
desired size and form ; and while in all respects giving better results in use than any
others, are sold, finished complete for use, as low as bearings made in the ordinary
way from good materials. They are now used by so many of our leading railways
as their STANDARD BEARING, and their excellence so well understood, that references
are as a rule believed to be unnecessary, though they will be gladly given when
desired.
All parties are hereby warned against infringing said patent, either by making
said bearings without authority from the patentee, or by purchasing or using them
if made by unauthorized parties.
Beware of endangering life and property by the use of inferior bearings that may
be made more or less in imitation of the Hopkins Bearing, and offered on the merits
thereof. Any party having authority to act as agent for the patentee will be furnished
with a properly authenticated letter by the undersigned.
On and after September 1st, 1877, all parties authorized to make said bearings, will
make them with their own names or initials cast thereon, as well as the word
" patented," and the date of the patent.
In ordering, send pattern of bearing, and state length and diameter of journal (when
new). Before applying bearings, carefully remove from the journal all rust and dried
paint. Do NOT TRY TO FIT THE BEARING TO THE JOURNAL. IT WILL FIT ITSELF.
Orders respectfully solicited and promptly filled by the undersigned, as well as by
authorized manufacturers, a list of whom will be furnished on application, to
D. A. HOPKINS, Patentee,
113 Liberty Street, New York.
25
The following cuts are intended to illustrate the working of Lead Lined Bearings. The black showing
the lead lining, which in bearings for use, is made about one-sixteenth of an inch thick :
BEARING NOT LEAD LINED. BEARING LEAD LINED.
Bearing too small for Journal. Binds on the
sides. Sure to run hot.
BEARING NOT LEAD LINED.
Bearing too small for Journal. Lead pressed from
sides fills up along the centre. Sure to run cool.
BEARING NOT LEAD LINED.
Journal cut. rough and small. Sure to run Hot.
BEARING LEAD LINED.
Journal cut, rough and small, but sure to run Cool.
BEARING LEAD LINED.
Journal worn small. Bearing
touches only along centre of
top. Likely to run Hot.
BEARING LEAD LINED.
Journal worn small. Lead pressed
from centre, fills up along sides.
Sure to run Cool.
BEARING LEA» LINED.
Bearing and Journal. Both^
full bize and new.
Bearing and Journal new.
D. A. HOPKINS, Patentee, 113 Liberty St., New York
26
Black Diamond Steel Works.
PARK, BROTHER & CO.,
Manufacturers of All Descriptions of
CRUCIBLE STEEL, BOILER AND FIRE-BOX PLATE, TOOL,
CAST SPRING, FROG AND OTHER STEEL FOR
RAILROAD USE,
NEW YORK, i~PTrr'Tc^RrT~Rr^ J CHICAGO,
BOSTON, fir J- O >LJ -^^>)CINCINNATI
BANKERS,
34 South 3d St., PHILADELPHIA,
DREXEL MORGAN & CO.
Cor. Broad and Wall Sts., NEW TORE.
DREXEL, HAH JES & CO.,
31 Boulevard Frnssman, PARIS.
ISSUE
COMMERCIAL AND TRAVELLERS' LETTERS OF CREDIT
And Sills of Exchange on all parts of Europe^
Negotiate State, Municipal and Railroad Securities,
BUY AND 8SLL GOVERNMENT BONOS, STOCKS, AND 0010.
TRANSACT A GENERAL BANKING BUSINESS
ESTABLISHED 1831.
ANNUAL CAPACITY, 45O.
Burnham, Parry, Williams & Co., Proprietors,
PHILADELPHIA, PA.,
MANUFACTURERS OF
LOCOMOTIVE ENGINES,
Adapted to every variety of service, and built accurately to standard gauges and templates.
Like parts of different engines of same class perfectly interchangeable.
PASSENGER AND FREIGHT LOCOMOTIVES,
NARROW-GAUGE LOCOMOTIVES,
Mine Locomotives, Contractors' Locomotives, Locomotives
for Iron Furnaces, Rolling Mills, &c.
Illustrated Catalogues. Photographs and Estimates, furnished on application of Customers. All
work thoroughly guaranteed.
NOISELESS STEAM MOTORS,
For City and Suburban Kailways.
These machines are nearly noiseless in oper-
ation; show no smoke with the use of anthra-
cite coal or coke as fuel, and show little or no
steam under ordinary conditions of service.
They can be run at two or three times the speed
of horse cars and draw additional cars. Circu-
lars with full particulars supplied.
BURNHAIYI, PARRY, WILLIAMS & CO.
PHILADELPHIA.
GEO. BURNHAM,
CHAS. T. PAP.RY,
EDW. H. WILLIAMS,
WM. P. HENSZEY,
EDW. LONGSTRETH,
JOHN H. CONVERSE.
. E. RICKER & CO., New York Af/cnts,
Room 36) Coaluiid Iron Exchange Building:.
28
WM. SELLERS & CO.
MANUFACTURERS OF
I I M S
J&Ll
MACHINE TOOLS,
Arranpfl to suit all repireielits foifl in m&n Iron aifl Steel,
RAILWAY SHOP EQUIPMENTS
Turn-Tables, Pivot Bridges, etc,
1876
OPERATED BY ONE MOTION OF A LEVER.
Branch Office, 79 LIBERTY STREET, NEW YORK.
GENERAL INDEX.
The following are the present titles of the Railroad Companies, articles on which are given in the
MANUAL, many of which comprise lines constructed under different names. A list is given in the Ap-
pendix (page 1012), of all important former organizations, with reference to the present company into
which their lines have passed.
PAGE
A
Addison 35
Adirondack 130
Alabama Central 520
Alabama, Debt of 993
Alabama Great Southern 520
Alabama, Railroads in 519
Albany Street Freight 946
Albany (Tramway) 944
Albany and Susquehanna (D. & H. C.). 141
Albany and Vermont 145
Albert 948
Alexandria and Fredericksburg 419
Allegheny, Kennerdell & Clintonville. 260
Allegheny Valley 260
Allentown 363
Amador Branch 915
American Fork 900
Amsterdam 944
Anderson, Lebanon and St. Louis. . . . 660
Annapolis and Elk Ridge 394
Arkansas, Debt of 994
Arkansas Central 842
Arkansas, Railroads in 841
Arkansas Valley 894
Arlington 946
Aroostook River 2
Ashburnham 45
Ashtabula, Youngstown & Pittsburg. 554
Ashuelot 69
Astoria and Hunter's Point.. . 944
PAGB
Atchison and Nebraska 863
Atchison, Topeka and Santa Fe 875
Atlanta and Charlotte Air-Line 496
Atlanta and West Point 497
Atlantic Avenue 944
Atlantic and Great Western 555
Atlantic and Gulf 498
Atlantic, Mississippi and Ohio 420
Atlantic and North Carolina 459
Atlantic and Ontario 131
Atlantic and St. Lawrence 2
Atlantic, Tennessee and Ohio 459
Attica and Arcade 131
Attleborough Branch. 65
Auburn and Owasco Lake 944
Augusta and Savannah 505
Avon, Geneseo and Mount Morris. ... 162
Babylon (L. I.) 944
Bachman Valley 262
Bald Eagle Valley 328
Baltimore and Ohio 394
Baltimore and Potomac 407
Baltimore and Ohio and Chicago 559
Baltimore Short Line 608
Bangor and Piscataquis 3
Barclay 162, 262
Barren County (Glasgow Br.) 454
Bath and Hammondsport 132
Baton Rouge,Grosse-Tete&Opelousas. 545
30
GENERAL INDEX.
PAGE
Bedford and Bridgeport 328
B'ford,Springv'e,Owensb'g&Bloomfd 661
Belfast and Mooseliead Lake 10
Bellaire and St. Clairsville 562
Bellaire and Southwestern 563
Belief onte and Snow Shoe £63
Belleville and Southern Illinois 753
Bell's Gap 264
Belmont and Buffalo 132
Belvidere Delaware and Flemingtou. 249
Beunington and Rutland 31
Berkeley Branch 916
Berkshire 113
Billerica and Bedford 46
Binghara Canyon and Camp Floyd. . . 901
Black River and Morristown 216
Black River and St. Lawrence 132
Blairstown 236
Bleecker Street and Fulton Ferry 944
Blue Ridge (S. C.) 483
Boone County and Booueville 833
Boston and Albany 46
Boston, Barre and Gardner 51
Boston and Chelsea 946
Boston,C15nton,Fitchburg & N. B'ford. 52
Boston, Concord and Montreal 18
Boston, Hoosac Tunnel and Western. 183
Boston and Lowell 55
Boston and Maine 59
Boston and Mystic Valley 65
Boston and New York Air- Line 102
Boston and Providence 63
Boston, Revere B^ach and Lynn 66
Boston and West Roxbury 946
Boston, Winthrop and Point Shirley. 66
Bowling Green 563
Brantford, Norwalk & Port Burwell. 963
Breakwater and Frank ford 389
Bridgeton and Port Norris 221
Bright Hope 423
Broadway (Brooklyn) 944
Broadway & Seventh Avenue (N. Y.). . 944
Brockville and Ottawa 948
Brooklyn, Bath and Coney Island. . . . 944
Brooklyn City 944
Brooklyn City and Newtown 944
Brooklyn Crosstown 944
Brooklyn and Jamaica 174
PAGE
1 Brunswick and Albany 500
Brunswick and Chillicothe 812
Bucksport and Bangor 5
Buffalo, Bradford & Pittsburg (Erie). 162
Buffalo, Corry and Pittsburg 133
Buffalo Creek 134
Buffalo Crosstown 135
Buffalo East Side 944
Buffalo and Lake Huron 959
Buffalo, New York and Erie (Erie). . . 1G3
Buffalo, New York and Philadelphia. 135
Buffalo and Southwestern 136
Buffalo Street 944
Buffalo Valley 264
Burlington, Cedar Rapids & Northern. 798
Burlington and Lamoille 32
Burlington and Mo. River (in Neb.). . 864
Burlington and Mount Holly 250
Burlington and Northwestern 800
Burlington and Southwestern 801
Bush wick (Brooklyn) 944
Cairo and St. Louis 691
Cairo and Viucennes 692
California, Debt of 994
California Northern 908
California Pacific 908
California, Railroads in 907
Cambridge 946
Camden and Atlantic 222
Camden and Burlington County 250
Camden, Gloucester & Mt. Ephrairn.. 223
Canada Central 949
Canada, Railways in 947
Canada Southern . 949
Canton Company 413
Cape Girardeau and State Line 812
Carbon and Otter Creek 674
Carbondale and Shawneetown 693
Carillon and Grenville 951
Carolina Central 459
Carthage, Watert'n & Sackett's Har. . 216
Catasauqua and Fogelsville 265
Catawissa 363
Cayuga Northern 138
Cayuga Southern 137
GENERAL INDEX.
31
PAGE
Cayuga and Susquelianna 147
Cazenovia, Canastota and De Ruyter. 138
Cedar Falls and Minnesota 741
Cedar Rapids and Missouri River. . . . 719
Central Branch of Union Pacific 89^
Central City 944
Centn~l Crosstown 944
Central of Georgia 500
Central of Iowa 801
Central (of Minnesota) 779
Central of New Jersey 224
Central Ohio (B. and O.) 560
Central Pacific 910
Central Park, N. and E. Rivers 944
Central Vermont 32
Charlotte, Columbia and Augusta. . . . 484
Cliarlotteburg and Green Lake 233
Charlotte Lake View 138
Chartiers 617
Chatham Branch 951
Chautauqua Lake 139
Chemung 196
Cheraw and Chester. . . 486
Cheraw and Darlington 486
Cherokee 506
Cherry Valley, Sharon and Albany.. . 142
Chesapeake and Ohio 424
Cheshire 19
Chester 235
Chester Creek 346
Chester and Delaware River 364
Chester and Lenoir 486
Chester Valley 364
Chestnut Hill 364
Chicago and Alton 693
Chicago, Burlington and Quincy 699
Chicago and Canada Southern 625
Chicago, Cincinnati and Louisville. . . 661
Chicago, Clinton, Dubuque and Minn. 802
Chicago, Clinton and Western 803
Chicago, Danville and Vincennes. . . . 706
Chicago, Detroit & Canada Grand Ju'ct.62o
Chicago and Eastern Illinois 706
Chicago and Illinois River 698
Chicago and Iowa 707
Chicago, Iowa and Nebraska 719
Chicago and Lake Huron 626
Chicago and Michigan Lake Shore. . . 628
PAGE
Chicago, Milwaukee and St. Paul 761
Chicago, Newton and Southwestern.. 722
Chi ago and Northeastern 627
Chicago and Northwestern 708
Chicago and Pacific 720
Chicago and Paducah 721
Chicago, Pekin and Southwestern. . . 722
Chicago, Rockford and Northern. . . . 707
Chicago, Rock Island and Pacific. . . . 722
Chicago, Saginaw and Canada 629
Chicago, St. Louis and New Orleans.. 546
Chicago and Southern 707
Chicago and Springfield 730
Chippewa Falls and Western 765
Christopher and Tenth Street 944
Cincinnati and Baltimore 609
Cincinnati, C'inberi'd Gap & Charlest'n.472
Cincinnati and Eastern 563
Cincinnati, Hamilton and Dayton. . . . 564
Cincinnati, Hamilton & Indianapolis.. 567
Cincinnati and Indiana 672
Cincinnati, Lafayette and Chicago. . . 728
Cincinnati and Muskingum Valley.. . 569
Cincinnati and Portsmouth 571
Cincinnati Railway Tunnel 571
Cincinnati, Richmond and Chicago.. . '568
Cincinnati, Richmond & Fort Wayne. 640
Cincinnati, Rock port & Southwestern. 662
Cincinnati, Sandusky and Cleveland. 571
Cincinnati Southern 443
Cincinnati and Springfield 577
Cincinnati and Terre Haute 662
Cincinnati, Wabash and Michigan. . . 663
Clayton and Theresa 217
Cleveland, Colum., Cin. & Indianap's. .574
Cleveland and Mahoning Valley .... 557
Cleveland, Mt. Vernon and Delaware. 578
Cleveland and Newburg . . 580
Cleveland and Pittsburg 580
Clevel'd, Tuscaraw's Val. & Wheel'g. 582
Clinton and Port Hudson 547
Clove Branch 139
Coal Railways in Nova Scotia 951
Coburg, Peterboro' and Marmora. . . . 952
Colchester 103
Colebrookdale 864
College Hil 1 583
Colorado Central 895
32
GENERAL INDEX.
PAGE
Colorado, Debt of 995
Colorado, Railroads in 89
Columbia and Port Deposit 32!
Columbus and Atlanta Air- Line 50
Columbus, Chicago & Indiana Cent. . 663
Columbus and Gallipolis 58-?
Columbus and Hocking Valley 58-:
Columbus, Kinkora and Springfield. . 251
Columbus, Springfield and Cincinnati. 575
Columbus and Toledo 586
Columbus and Xenia (L. M.) 605
Concord 21
Concord and Claremont 24
Concord and Portsmouth 23
Coney Island and Brooklyn 944
Congressional Land Grants 9
Connecticut Central 103
Connecticut, Debt of 995
Connecticut and Passumpsic Rivers. . 39
Connecticut, Railroads in 101
Connecticut River 67
Connecticut Valley 105
Connecticut Western 106
Connecting (Philadelphia) 329
Consolidation Coal (Md) 409
Cooperstown & Susquehanna Valley. 140
Corning, Cowanesque and Antrim . . . 268
Cornwall 269
Corpus Chri'ti, San Die'o & Rio Grande 846
Covington, Columbus & Black Hills. . 867
Covington, Flemingsb'g & Pound Gap 443
Credit Valley 953
Cumberland and Pennsylvania 409
Cumberland Valley 269
Dakota, Railroads in
Dakota Southern
Dallas and Wichita
Dalles and Des Chutes
Danbury and Norwalk
Danvers
Danville, Hazleton and Wilkesbarre.
Davenport and Northwestern.
Dayton and Michigan
Dayton and Southeastern
Dayton and Union
795
795
846
937
107
6t
329
803
568
587
587
PAGE
Debt of States 993
Debt of United States 986
Decatur, Mattoon and Southern 729
Delaware 390
Delaware and Bound Brook 231
Delaware, Debt of 996
Delaware and Hudson 272
Delaware and Hudson Canal Co. .140, 272
Delaware, Lackawanna & West'n.147, 276
Delaware, Railroads in 389
Delaware and Raritan Canal 246
Delaware Shore 237
Delaware Western 391
Delhi and Middletown 140
Denison and Southeastern 847
Denver and Boulder Valley 895
Denver Pacific 896
Denver and Rio Grande 897
Denver, South Park and Pacific 899
Des Moines and Fort Dod^e 804
Des Moines and Minneapolis 805
Detroit and Bay City 629
Detroit, Hillsdale and Southwestern. 631
Detroit, Lansing and Northern 631
Detroit and Milwaukee 633
Detroit, Monroe and Toledo 599
Dexter and Newport 10
District of Columbia, Railroads in... 393
Dillsburg and Mechanicsburg 271
Dorchester and Delaware 410
Dorchester and Milton 84
Dover and Winnipiseogee 62
Dry Dock, East Broadway & Battery. 944
Dubuque and Sioux City 739
Dubuque Southwestern 806
Duck River Valley 472
Dunkirk, Allegheny Val. & Pittsburg 188
Dunkirk and Fredonia 944
Duxbury and Cohasset 69
Sast Alabama and Cincinnati 522
East Berlin Branch 281
ast Brandy wine and Waynesboro'. . 330
East Broad Top 281
ast Genesee St. and Seward Av. . . . 944
East Mahanoy 365
GENERAL INDEX.
33
PAGE
East Pennsylvania 365
East St. Louis and Carondelet 730
East Tennessee, Virginia & Georgia.. 472
Eastern (Mass.) 69
Eastern (N. H.) 73
Eastern Kentucky 444
Eastern Ohio 589
Eastern Shore 411
East Line and Red River 847
Easton and Ainboy 291
Eatontou Branch (C. of Ga.) 505
Ebensburg and. Cresson 330
Edgewood 282
Eel River 665
Eighth Avenue 944
Elizahethto'n, Lexington & Big Sandy 446
Elmira and Horseheads 944
Elmira, Jefferson and Canandaigua. . 197
Elmira State Line 154
Elmira and Williarnsport 306
Emlenton, Shippenville and Clarion. 282
Etnmittsburg 415
Erie 154,1028
Erie and Genesee Valley. . . 163
Erie International 163
Erie and Niagara 953
Erie and Pittsburg 939
Eureka and Palisade 905
European & North American (Me.). . . 4
European & North American (N. B.). 953
Evansville and Terre Haute 666
Evausville, Terre Haute and Chicago 668
Fairland, Franklin and Martinsville. . 669
Fall River 76
Fall River, Warren and Providence. . 86
Farmingdale and Squan Village 238
Fayette County 406
Ferro Monte 237
Fifth Ward (Syracuse) 944
Fitchburg 76
Flemington (B. D.) 249
Flint and Pere Marquette 634
Florence, El Dorado & Walnut Valley 878
Florila 515
Florida Central , .516
PAGE
Florida, Debt of 996
Florida, Railroads in 515
Flushing, North Shore and Central. . 176
Fonda and Fulton ville 944
Fonda, Johnstown and Gloversville. . 167
Fond du Lac, Amboy and Peoria 766
Fort Ann and Mount Hope 168
Fort Scott, Southeastern & Memphis. 889
Fort Wayne, Jackson arid Saginaw.. . 637
Fort Wayne, Muncie and Cincinnati.. 669
Forty -second St. & Grand St. Ferry. . 944
Foxburg, St. Petersburg and Clarion . 282
Framingham and Lowell 54
Frankford and Holmesburg 330
Frankfort and Ilion 944
Frankfort and Kokomo 670
Fremont, Elkhorn & Missouri Valley. 810
Frederick and Pennsylvania Line. . . . 331
Fredericton 954
Freehold & Jamesburg Agricultural.. 237
Freehold and New York. . . 239
Galena and Southern Wisconsin 766
Gait and Guelph 964
Galveston, Brazos and Colorado 847
Galveston, Harrisburg & San Antonio 848
Galveston, Houston and Henderson .. 849
Garnerville 168
Genesee and Water St. (Syracuse). . . 944
Geneva, Ithaca and Say re 168
Georgia (and Banking Company) 507
Georgia, Debt of 996
Georgia, Railroads in 495
Georgia Southern 510
Gilman, Clinton and Springfield 730
Glasgow Branch 454
Glencoe, Pinconning and Lake Shore . 638
Glenn's Falls 145
Gloversville and Kingston 944
Gloversville and Northville 167
Gold Coin, Market Price of 987
Golden, Boulder and Caribou 899
Goshen and Deckertown 164
Grafton Centre 79
Grand Gulf and Port Gibson 538
Grand Rapids and Indiana 638
GENERAL INDEX.
PAGE
Grand Rapids, Newaygo & Lake Shore 642
Grand River Valley 652
Grand Street and Newtown 944
Grand St., Prospect Park & Flatbusli 944
Grand Tower and Carbondale 731
Grand Trunk (Canada) 954
Grayville and Mattoon 731
Great Western of Canada 960
Green Bay and Minnesota. .. 76?
Greene 148
Greenlick Narrow-Gauge 283
Greenville and Columbia 487
Greenville. Columbus & Birmingham. 539
Greenwich/& Johnsonville 169
Gulf, Colorado and Santa Fe 850
Gulf, Western Texas and Pacific. ... 851
Hamilton and Northwestern 966
Hannibal and Naples 689
Hannibal and St. Joseph 813
Hanover Branch (Mass.) 79
Hanover Junct'n, Hanov'r&Gettysb'g 283
Hanover Junction and Susquehauna.. 284
Hanover and York 331
Harlem Bridge, Morrisania & Fordham 944
Harlem Extension 169
Harlem River and Portchester 124
Harrisburg and Potomac 284
Harrisb., Portsm'h, Mt. Joy & Lanc'st'r 332
Harrison Branch 672
Hartford, Providence and Fishkill. . . 109
Havana, Rantoul and Eastern 732
Hecla & Torch Lake 643
Henderson and Overtoil 852
Herkimer and Mohawk 944
Hibernia Mine 239
High Bridge 231
Highland 946
Holyoke and Westfield 119
Hopkinton 89
Horn Pond 58
Hot Springs Branch .... 842
Houlton Branch (N. B. and C.) 973
Housatonic HI
Houston, East and West Texas 852
Houston and Texas Central. , 853
PAGE
Houston, West St. and Pavonia Ferry 945
Hudson Suspens'nBrid'e& New Eng. 170
Hudson Tunnel 171
Huntingdon and Broad Top Mountain 284
Illinois Central 732
Illinois, Debt of 997
Illinois Midland 741
Illinois, Railroads in 690
Illinois and St. Louis 742
Illinois and St. Louis Bridge 839
Indian Territory, Railroads in 841
Indiana, Debt of 998
Indiana, Railroads in 659
Indiana North and South 670
Indianapolis, Bloomingt'n & West n.. 743
Indianapolis, Cincinnati & Lafayette. 671
Indianapolis, Decatur & Springfield. . 745
Indianapolis, Delphi and Chicago. ... 673
Indianapolis, Peru and Chicago 673
Indianapolis and St. Louis 674
Indianapolis and Vincennes 675
International and Great Northern.. .. 854
Intercolonial 967
Iowa 807
Iowa Eastern 807
Iowa, Debt of 998
Iowa, Railroads in 797
Iowa Falls and Sioux City 740
Iowa Midland 716
Iowa, Minnesota & North Pacific. . . . 807
Iowa Southern & Missouri Northern . 807
Iron .589
Iron Hill 171
Iron Mountain, Chester & Eastern... . 746
Ironton 286
Ithaca, Auburn and Western 171
Jackson, Lansing and Saginaw 652
Jacksonv'e North west'n & Southea'n. 746
Jacksonville, Pensacola and Mobile. . 516
Jamaica, Woodhaven & Brooklyn. . . . 945
Jamestown and Franklin 600
Jamesville and Washington 460
GENEBAL INDEX.
35
PAGE
Jefferson 164
Jefferson v'e, Madison & Indianapolis. 677
Jersey City and Albany 172
Johnstown, Gloversville and Kingston 945
Joliet and Chicago 697
Joliet and Northern Indiana 653
Joplin 815
Junction (Buffalo) 189
Junction (Philadelphia) ',86
Junction and Breakwater 392
Junction City and Fort Kearney 881
Kalamazoo, Allegan & Grand Rapids. 601
Kalamazoo and South Haven 653
Kalamazoo and White Pigeon 601
Kansas Central 881
Kansas City, Burlington & Santa Fe. 882
Kansas City and Eastern 815
Kansas City, St. Jos. & Council Bluffs. 815
Kansas City and Santa Fe 886
Kansas City, Topeka and Western. . 878
Kansas, Debt of 999
Kansas Pacific 882
Kansas, Railroads in 874
Karns City and Butler 287
Kent County . . . 411
Kentucky Central 445
Kentucky, Debt of 999
Kentucky, Railroads in 442
Keokuk and Des Moines 808
Kingan 679
Kingston and Pembroke 969
Knox and Lincoln 6
Knoxville and Charleston 475
Knoxville and Ohio.. , . 475
Lackawanna and Susquehanna 143
La Crosse, Trempeleau and Prescott. 716
Lafayette, Bloomington & Mississippi. 747
Lafayette, Muncie and Bloomington. 679
Lake Champlain and Moriah 172
Lake Champlain and St. Lawrence.. . 969
Lake Erie, Alliance and Wheeling. . . 590
Lake Erie, Evansville & Southwest'n. 680
PAGE
Lake Erie and Louisville 590
Lake George arid Muskegon River. . . 643
Lake Shore and Michigan Southern. 591
Lake Simcoe Junction 969
Lake Tahoe (Narrow Gauge) 906
Lake View and Collamer 602
Lancaster (Mass.) 80
Lancaster and Reading 287
Land Grants to Railroads 988
Laurel Fork and Sand Hill 417
Laurens 488
Lawrence 602
Lawrence and Southwestern 885
Lawrenceville and Evergreen 288
Leavenworth, Atchison & Northw'n.. 823
Leavenworth, Lawrence & Galveston. 885
Lebanon Springs (Harl. Ext.) 169
Lee and Hudson 80
Lee and New Haven 80
Lehigh and Lackawanna 267
Lehigh and Susquehanna 266
Lehigh Valley 288
Levis and Kennebec 970
Lewisburg Centre & Spruce Creek. .. 332
Lexington and Big Sandy 446
Ligonier Valley . . 293
Little Miami 603
Little River Valley and Arkansas. . . . 817
Little Rock and Fort, Smith 842
Little Rock, Miss. River & Texas 843
Little Saw Mill Run 293
Little Schuykill (P. & R.) 366
Littlestown 332
Lockport and Buffalo 173
Logansp't, Crawf'dsville & Southw'n. 680
London, Huron and Bruce 964
London and Port Stanley 964
Long Branch and Sea Girt 232
Long Island 173
Long Island City & Calvary Cemetery. 945
Long Island City Shore 945
Long View and Sabine Valley 857
Long Wood Valley 232
Los Angeles and Independence 930
Los Angeles and San Diego 931
Louisiana, Debt of 1000
Louisiana and Missouri River 699
Louisiana and Texas (Morgans) 548
36
GENERAL INDEX.
PAGE
Louisiana, Railroads in 545
Louisville, Cincinnati & Lexington. . 446
Louisville, Harrodsburg & Westport. 449
Louisville and Nashville 449
Louisville, New Albany and Chicago. 681
Louisv'e, NewAlbany & St. L. Air-Line 747
Louisville Railway Transfer 448
Lowell and Andover 62
Lowell and Lawrence 58
Lowell 496
Lykens Valley 384
Lynn and Boston 946
Lynn City 946
M
Macon and Augusta 510
Macon and Brunswick 511
McKean and Buffalo 294
McMiunville and Manchester 480
Madison and Portage 764
Mahoning Coal 600
Maine Central 7
Maine, Debt of 1000
Maine, Railroads in 1
Maiden and Melrose 946
Manchester and Keene 24
Manchester and Lawrence 24
Manchester and North Weare 23
Mansfield, Cold w'r and Lake Mich. 605, 643
Maple River 708
Marietta and Cincinnati 607
Marietta, Pittsburg and Cleveland. . . 609
Marquette, Houghton and Ontouagon. 644
Martha's Vineyard 81
Martinsburg and Potomac 272
Maryland, Debt of 1001
Maryland and Delaware 412
Maryland, Railroads in 393
Massachusetts Central 81
Massachusetts, Debt of 1002
Massachusetts, Railroads in 44
Massachusetts, Tramways in 946
Massawippi Valley 40, 970
Massillon and Cleveland 579
Massillon and Coshocton 610
Medford and Charlestown 946
Memphis Branch 511
PAGE
Memphis and Charleston 522
Memphis and Little Rock 844
Memphis, Paducah and Northern 476
Mendocino 918
Mercer and Somerset 251
Merrimac Valley 946
Metropolitan (Boston) 946
Mexican Gulf 548
Miami Valley 610
Michigan Air-Line 645, 654
Michigan Central 646
Michigan City and Indianapolis 682
Michigan, Debt of 1003
Michigan Lake Shore 654
Michigan Midland and Canada 655
Michigan, Railroads in 624
Middlebarg and Schoharie 178
Middlesex (Boston) 946
Middlesex Central. 58
Middletown and Crawford 178
Middletown, Unionville & Water Gap. 241
Midland of Canada 970
Mifflin and Centre County 333
Mil ford and Woonsocket 89
Mill Creek and Mine Hill 366
Milledgeville and Gordon 500
Millstone and New Brunswick 251
Milton and Sutherlin 427
Milwaukee and Northern 776
Milwaukee, Lake Shore & Western. . 768
Mine Hill and Schuylkill Haven 366
Mineral Point 769
Mineral Range 655
Minneapolis and Duluth 780
Minneapolis and St. Louis 779
Minnesota, Debt of 1003
Minnesota Midland 780
Minnesota, Railroads in 778
Missisquoi and Black River 972
Missisquoi and Clyde 39
Missisquoi River 35
Mississippi, Debt of 1003
Mississippi, Railroads in 538
Mississippi and Tennessee 539
Mississippi Valley and Ship Island. . 541
Missouri, Debt of 1004
Missouri, Iowa and Nebraska 818
Missouri, Kansas and Texas 818
GENERAL INDEX.
37
PAGE
Missouri Pacific 821
Missouri River 823
Missouri, Railroads in 81 1
Missouri River, Fort Scott and Gulf. 887
Missouri and Western 824
Mobile and Alabama Grand Trunk.. . 524
Mobile and Girard 525
Mobile and Montgomery 526
Mobile and Ohio 528
Mohawk and Ilion 945
Monadnock 52
Monongahela Inclined Plane 294
Mont Alto 294
Montclair and Greenwood Lake 239
Monterey and Salinas Valley 919
Montgomery and Erie (Erie) 164
Montgomery and Eufaula 531
Montpelier and Wells River 41
Montpelier and White River 35
Montreal, Portland and Boston 972
Montreal and Vermont Junction.. 357, 972
Montrose 295
Morgan's Louisiana and Texas 548
Morris and Essex 234
Moshassuck. 94
Mount Carbon and Port Carbon 367
Mount Holly, Lumberton & Medford. 252
Mount Hope Mineral 240
Mount Oliver Inclined Plane 295
Mount Pleasant and Broad Ford 405
Mount Sterling 454
Mount Washington 26
Muucy Creek 296
N
Nanuet and New City 180
Narragansett Pier 95
Narragansett Valley 95
Nashua, Acton and Boston 23
Nashua and Lowell 26
Nashua and Rochester 93
Nashville, Chattanooga & St. Louis. . 477
Nashville and Decatur .* 481
Natchez, Jackson and Columbus 541
Naugatuck 114
Naumkeag 946
Nebraska 866
Nebraska, Debt of 1004
PAGE
Nebraska, Railroads m 863
Nesquehoning Valley 267
Nevada County Narrow Gauge 919
Nevada, Debt of 1004
Nevada, Railroads in 905
Newark and Bloomfield 235
Newark and Hudson 164
Newark and New York (C. of N. J.). 225
Newark, Somerset and Straitsville . . . 561
New Bedford and Fairhaven 946
New Brighton & Onoudaga Valley. . 945
New Brunswick 973
New Brunswick and Canada 973
Newburg, Dutchess and Connecticut. 178
Newburg and New York (Erie) 165
Newburyport 62
Newburyport and Amesbury. ....... 946
Newburyport City 74
New Canaan 116
New Castle 296
New Castle and Beaver Valley 619
New Castle and Franklin 297
New Egypt and Farmingdale 232
New Hampshire, Debt of 1005
New Hampshire, Railroads in 17
New Haven and De"rby 116
New Haven and Northampton 117
New Jersey, Debt of 1005
New Jersey Midland 240
New Jersey and New York 179
New Jersey, Railroads in 220
New Jersey Southern 242
New Jersey, United Companies of. . . 246
New Jersey West Line 243
New London Northern 119
New Orleans and Carrollton 549
New Orleans and Mobile 549
New Orleans, Mobile and Texas 550
New Orleans and Selma 531
Newport and Cincinnati Bridge 449
Newport and Wickford 95
Newry (Pa.) 333
Newtown and Flushing 175
New Williamsburg and Flatbush. . . . 945
New York and Albany 181
New York, Bay Ridge and Jamaica. . 181
New York and Canada 146
New York Central and Hudson River 183
38
GENERAL INDEX.
PAGE
New York, Debt of 1005
New York Elevated. .' 192
New York and Harlem 189, 945
New York and Hempstead 177
New York, Housatonic and Northern. 113
New York, Lake Erie and Western. . 154
New York and Long Branch. . . 232
New York and Maliopac 190
New York and Manhattan Beach. . . . 193
New York and New England 81
New York, New Haven and Hartford 121
New York and Oswego Midland 193
New York, Providence and Boston. . . 96
New York, Railroads in 128
New York and Rockaway 175
New York Tramways 944, 945
New York, Westchester and Boston.. 195
New York, Westchester and Putnam 195
New York, West Shore and Chicago. 196
Niagara Bridge and Canandaigua. . . . 191
Niles and New Lisbon 558
Ninth Avenue 945
Northampton 946
.North Brookfield 50
North Carolina 461
North Carolina, Debt of 1006
North Carolina, Railroads of 458
Northeast Pennsylvania , 300
Northeastern (Ga.) 512
Northeastern (S. C.) 488
Northern (Cal.) 917
Northern, of Canada 974
Northern Central 301
Northern Central Michigan 601
Northern (N. H.) 29
Northern New Jersey (Erie) 165
Northern Pacific 781
Northern Pacific (Pacific Division). . . 937
North Louisiana and Texas 551
North Pacific Coast 920
North Pennsylvania 297
North Second St. and Middle Village 945
Northwestern (N. C.) 462
Northwestern Ohio 611
Northwestern Union 716
North Wisconsin 770
North Woburn - 946
Norwich aud Worcester. . . 125
PAGE
Nova Scotia, Coal Railways in 951
Nyack and Northern. 165
Ocmulgee and Horse Creek 512
Ogden Mine 243
Ogdensburg and Lake Cham plain. . . . 197
Ohio Central 612
Ohio, Debt of 1006
Ohio and Kentucky Coal and Iron. . . . 455
Ohio and Mississippi 682
Ohio, Railroads in 552
Ohio and Toledo 612
Oil City and Ridgeway 307
Old Colony 83
Olean, Bradford and Warren 198
Omaha and Northwestern 867
Omaha and Republican Valley 868
Omaha and Southwestern 866
Ontario Southern 199
Oregon and California 935
Oregon Central 934
Oregon, Debt of 1007
Oregon, Railroads in 934
Osage Valley and Southern Kansas. . 823
Oshkosh and Mississippi 765
Oswego and Rome 204
Oswego and Syracuse 149
Owensboro' and Nashville. . . 455
Paducah and Elizabetlitown 456
Painesville, Canton and Bridgeport. . 612
Painesville and Youngstown 613
Panama 940
Paris and Danville 748
Parker and Karns City 308
Paterson and Hudson River (Erie). . . 165
Paterson, Newark and New York... . 166
Paterson and Ramapo 166
Paulding and Cecil 61o
Paw Paw 656
Pawtuxet Valley 110
Peach Bottom 308
Pekin, Lincoln and Decatur 748
Pemberton and Hightstown 252
GENERAL INDEX.
39
PAGE
Pennsboro' and Harrisville 418
Pennsylvania 809
Pennsylvania Coal 343
Pennsylvania Company 339
Pennsylvania, Debt of 1007
Pennsylvania and Delaware 333
Pennsylvania Inland 344
Pennsylvania and New York 291
Pennsylvania, Railroads in 257
Pennsylvania and Sodus Bay 199
Penobscot Bay and River 6
Pensacola 517
Pensacoia and Mobile 517
Pensacola and Perdido 517
Peoples' (Pottsville) 344
Peoria and Bureau Valley 728
Peoria, Pekin and Jacksonville 749
Peoria and Rock Island 750
Peoria and Springfield 744
Perkiomen 367
Perth Arnboy and Woodbridge 252
Peterboro' and Hillsboro' 30
Peterborough 2S
Petersburg 427
Petitcodiac and Elgin 975
Philadelphia and Atlantic City 244
Philadelphia and Baltimore Central. . 344
Philadelphia and Erie 334
Philadelphia, Germanto'n& Norristo'n 367
Philadelphia and Merion 346
Philadelphia, Newtown & New York 346
Philadelphia and Reading 347
Philadelphia and Trenton 336
Philadelphia, Wilmi'gton & Baltimo'e 370
Pickering Valley 368
Piedmont 431
Pine River Valley and Stevens Point. 770
Pioche>nd Bullionville 906
Pittsburg 921
Pittsburg and Castle Shannon 375
Pittsburg, Castle Shannon & Wash'n. 376
Pittsburg, Cincinnati and St. Louis. . 614
Pittsburg and Connellsville 404
Pittsburg, Fort Wayne and Chicago.. 617
Pittsburg and Lake Erie 377
Pittsburg. New Castle and Lake Erie 377
Pittsburg, Titusville and Buffalo 377
Pittsburg, Virginia and Charleston.. . 379
PAGE
Pittsburg, Wheeling and Kentucky. . 481
Pittsfield and North Adams 50
Placerville and Sacramento Valley. . . 923
Pleasant Hill and De Soto 879
Plymouth 368
Pontiac Branch 98
Port Dover and Lake Huron 975
Portland and Ogdensburg 11
Portland and Ogdensburg (Vt. Div.). . 42
Portland and Rochester 12
Portland, Saco and Portsmouth 74
Port Jervis and Monticello 199
Port Royal 490
Portsmouth and Dover 74
Portsmouth, Great Falls and Conway 75
Potomac 433
Potomac, Fredericksburg & Piedmont 428
Poughkeepsie City 945
Poughkeepsie, Hartford and Boston.. 200
Prairie du Chien and McGregor 771
Prince Edward Island .k . 976
Prospect Park and Coney Island 945
Providence and Springfield 99
Providence, Warren and Bristol 100
Providence and Worcester 87
Public Debt of the United States 986
Pueblo and Arkansas Valley 879
Pullman's Palace Car Co. . . 942
Quebec Central 977
Quebec and Lake St. John 977
Queb., Montreal, Ottawa & Occidental. 978
Queen Anne and Kent County 412
Quincy, Alton and St. Louis 705
Quincy, Missouri and Pacific 825
Quincy and St. Paul 826
Raleigh and Augusta Air-Line 463
Raleigh and Gaston 463
Reading and Columbia 368
Reading and Lehigh 369
Red River and Manitoba 783
Reneselaer and Saratoga 143
Republican Valley 893
GENERAL INDEX.
PAGE
Revenue Accounts (U. S.) 987
Rhinebeck and Connecticut 201
Rhode Island, Debt of 1009
Rhode Island and Massachusetts 83
Rhode Island, Railroads in 94
Richmond and Danville 429
Richmond, Fredericksb'g & Potomac. 432
Richmond and Petersburg 434
Richmond, York River & Chesapeake. 435
Rideau and Southeastern 978
Ridgefield and New York 127
Rio Grande 857
Ripley 542
Rochester City and Brighton 945
Rochester and Genesee Valley 166
Rochester and State Line 202
Rochester, Nunda and Pittsburg. . . . 201
Rock Island and Mercer County 751
Rock Island and Peoria 750
Rockville Ill
Rock wood and Tennessee River 480
Rocky Hill 253
Rocky River 620
Rogersville and Jefferson 475
Rolling Stock Co., United States 941
Rome 512
Rome and Clinton 150
Rome, Watertown and Ogdensburg.. 202
Rumford Falls and Buckfield 13
Rutland 36
Rye Lake 205
S
Sacramento Valley 923
Sacramento Valley and Placerville. . . 922
Saginaw Valley and St. Louis 656
St. Croix and Penobscot 14
St. Francis, Megantic & International. 979
St. John's 518
St. John's and Indian River 518
St. Joseph and St. Louis 833
St. Joseph and Western 889
St. Lawrence and Industry 979
St. Lawrence and Ottawa 979
St. Louis, Alton and Terre Haute. . . . 751
St. Louis, Council Bluffs & Omaha. . . 826
St. Louis, Hannibal and Keokuk 826
PAGE
St. Louis, Iron Mountain & Southern. 827
St. Louis, Jacksonville & Chicago. . . 698
St. Louis, Kansas City and Northern. 831
St. Louis, Keokuk & Northwestern. . 834
St. Louis and Lexington 824
St. Louis, Marine and Edwards ville.. 687
St. Louis and Mount Carmel 748
St. Louis, Ottumwa & Cedar Rapids . 834
St. Louis, Rock Island and Chicago. . 706
St. Louis, Salem and Little Rock. . . . 835
St. Louis and San Francisco 836
St. Louis and Southeastern 754
St. Louis Tunnel 839
St. Louis, Vandalia and Terre Haute. 756
St. Martin's and Upham 980
St. Paul and Duluth 783
St. Paul and Pacific ..785, 786, 787
St. Paul and Sioux City 788
St. Paul, Stillwater & Taylor's Falls. 791
Salem (Street) 946
Salem (W. J ) 255
Salem and Lowell 58
Salisbury 380
Sandersville and Tennille 513
Sandusky, Mansfield & Newark 562
San Francisco and North Pacific 923
San Luis Obispo and Santa Maria. . . . 924
San Pablo and Tulare 925
San Rafael and San Quentin. ....... 921
Santa Cruz 925
Santa Cruz and Felton 926
Saratoga and Schenectady 145
Sarnia, Chatham and Erie 980
Savannah and Charleston 490
Savannah, Griffin & North Alabama.. 513
Savannah and Memphis 532
Savannah River 498
Savannah, Skiddaway and Seaboard.. 514
Schenectady and Duanesburg 143
Schenectady and Ogdensburg 205
Schoharie Valley 205
Schuylerville and Upper Hudson. . . . 206
Schuylkill Valley 370
Scioto Valley 621
Scotland Neck 465
Seaboard and Raleigh 465
Seaboard and Roanoke 436
Seattle and Walla Walla. . . 938
GENEEAL INDEX.
41
PAGE
Second Avenue (N. Y.) 945
Sedge Bank 206
Selrua and Gulf 532
Selma, Marion and Memphis 533
Selma, Rome and Dalton 533
Shamokin Valley and Pottsville 307
Sharon -. 558
Sharpsville 380
Sheboygau and Fond du Lac 771
Shelby 457
Shenango and Alleghany 380
Shepaug 127
Shore Line 124
Silver Lake 206
Sioux City and Pacific 809
Sioux City and Pembina 796
Sioux City and St. Paul 790
Skaneateles . , 207
Smithtown and Port Jefferson 176
Smyrna and Delaware Bay .... 392
Solomon 891
Somerset 15
Somerset and Mineral Point 381
Somerville 946
South and North Alabama 534
South Bay 926
South Boston 946
South Branch (N. J.) 233
South Carolina 491
South Carolina, Debt of 1008
South Carolina, llailroads in 483
Southeastern 41, 981
South Ferry 945
Southfield Branch 208
South Manchester Ill
South Mountain 381
South Mountain Iron 382
Southern Central 207
Southern Kansas 887
Southern, of Long Island 177
Southern Minnesota 792
Southern Pacific 927
Southern Pennsylvania (& Iron Co.). . 272
South Pacific Coast 932
Southwest Pennsylvania 337
Southwestern (Ga.) 505
Southwestern (Ky.) 457
Spartanburg and Asheville 494
PAGE
Spartanburg, Union and Columbia.... 494
Spring Brook 382
Springfield 946
Springfield, Athol and Northeastern. 90
Springfield-, Jackson and Pomeroy. . . 622
Springfield and New London 104
Springfield and Northwestern 758
Springfield and Western Missouri. . . 836
Spuyten Duy vil and Port llorris 191
Squankum and Freehold 238
Stanstead, Shefford and Chambly.37, 981
Stan wood and Tipton 720
State Debts 993
State Line and Sullivan 383
Staten Island 209
Staten Island Shore 945
Sterling Mountain 209
Still water and St. Paul 785
Stockbridge and Pittsfield 113
Stockton and Copperopolis 917
Stockton and Visalia 918
Stoneham 946
Stony Brook 28
Stony Creek 300
Strasburg and Harrisonburg 437
Stratford and Huron 976
Sullivan County 37
Summit Branch 383
Summit County 901
Sunbury and Lewistown 338
Suncook Valley 23
Suspension Bridge and Erie Junction 166
Sussex 244
Swedesboro' 256
Sycamore and Courtland 758
Syracuse, Binghamton and New York 150
Syracuse, Chenango and New York. . 210
Syracuse and Geddes 945
Syracuse, Geneva and Corning 210
Syracuse Junction 191
Syracuse, Phoenix and Oswego 211
Syracuse and Onondaga 945
Tallahassee 517
Taunton (Street) 946
Tennessee (and Coal Co.) 481
GENERAL INDEX.
PAGE
Tennessee, Debt of 1009
Tennessee and Pacific 480
Tennessee, Railroads in 471
Terre Haute and Indianapolis 685
Texas, Debt of . . '. 1010
Texas and New Orleans (of 1874) 858
Texas and Pacific 858
Texas, Railroads in 845
Texas Transportation 861
Texas We.-tern 862
Third Avenue 945
Tioga 384
Toledo, Canada Southern and Detroit 657
Toledo and Delphos 553
Toledo and Grand Rapids 622
Toledo and Maumee Narrow-Gauge. . 622
Toledo and Northwestern 720
Toledo, Peoria and Warsaw 759
Toledo and South Haven 658
Toledo and Woodville 623
Toronto, Grey and Bruce 982
Toronto and Nipissing 981
Tramways in Massachusetts 946
Tramways in New York 944
Traverse -City 641
Tresckow 267
Troy and Albia 945
Troy and Bennington 213
Troy and Boston 211
Troy and Cohoes 945
Troy and Greenbush 191
Troy and Greenfield 78
Troy and Lansingburg 945
Troy Union 213
Tuckerton 245
Tuskegee , 535
Twenty-third Street 945
Tyler Tap 862
Tyrone and Clearfield 338
U
Ulster and Delaware 213
Union (Boston) 946
Union (Canton Co.) 413
Union Freight 946
Union (Indianapolis) 686
Uuion Pacific. . . 868
PAGE
Union Pacific, Central Branch 892
Uniontown and West Virginia 386
United Companies of New Jersey. . . . 246
United States, Public Debt of 986
United States, Revenue of 987
United States Rolling Stock Co 941
Upson County 506
Utah Central 901
Utah Northern 902
Utah, Railroads in 90Q
Utah Southern 903
Utah Western 903
Utica and Black River 214
Utica, Chenango and Cortland 217
Utica, Cli3nango& Susquehanna Val. 151
Utica, Clinton and Binghamton 152
Utica, Clint'n & Bingh'mt'n (Tramw'y) 945
Utica, Ithaca and Elmira 217
Utica and Mohawk (Street) 945
Vaca Valley and Clear Lake 932
Valley (D., L. and W.) 153
Valley (Ohio) 623
Valley (Virginia) . . 437
Van Brunt Street and Erie Basin. . . . 945
Vermont and Canada 37
Vermont and Massachusetts 38, 78
Vermont, Debt of 1010
Vermont, Railroads in 31
Vermont Valley 38
Vicksburg and Brunswick 536
Vicksburg and Meridian 542
Vicksburg and Nashville 544
Victoria 983
Vidalia and Lake Concordia 551
Vincenttown 253
Vineland 243
Virginia, Debt of 1011
Virginia, Railroads in 419
Virginia and Truckee 906
Visalia 933
W
Wabash ,
Wabash, Chester and Tamaroa 746
GENERAL INDEX.
43
PAGE
Walkill Valley 218
Walla- Walla and Columbia River.. . . 938
Waltliam and Newton 946
Ware River 51
Warren 236
Warwick 100
Warwick Valley 219
Waeatch and Jordan Valley 904
Washington and Ohio 437
Washington County 407
Washington City and Point Lookout. 406
Wash. City, Va/Midl'd & Gt. South'n 439
Washington Street and State Asylum 945
Washington Territory, Railroads in.. 937
Waterloo and Magog 984
Watertown and Waterbury 115
Waterville and Washington 893
Watervliet 945
Waukon and Mississippi 810
Waverly and State Line 293
Waynesburg and Washington 386
Weehawken Branch 155
Welland 965
Wellington, Grey and Bruce 965
West Amesbury 63
West Chester 388
West Chester and Philadelphia 386
Westerly Granite 96
Western of Alabama 536
Western and Atlantic 514
Western Maryland 414
Western of Minnesota 793
Western North Carolina 466
Western of North Carolina 465
Western Pennsylvania 339
Western Union 772
West Feliciana 551
West Jersey 253
PAGE
West Stockbridge.. 114
West Troy and Green Island 146
West Virginia, Debt of 1011
West Virginia, Railroads in 417
West Wisconsin 774
Wheeling and Lake Erie 623
Wheeling, Pittsburg and Baltimore.. 407
Whit by, Port Perry and Lindsay. . . 984
White Water Valley 689
Whitney ville and Machiasport 16
Wichita and Southwestern 880
Wicomico and Pocomoke. .......... 415
Williamstown 256
Wilmington and Northern 388
Wilmington and Weldon 468
Wilmington, Columbia and Augusta. 466
Wilton... 28
Winchester and Alabama 481
Winchester and Potomac 440
Winchester and Strasburg 441
Windsor and Annapolis 984
Winnishnmet 946
Winona, Mankato and New Ulm.. . 716
Winona and St. Peter 716
Wisconsin, Central 775
Wisconsin, Debt of 1011
Wisconsin, Railroads of 760
Wisconsin Valley 777
Wolf eboro' (Eastern) 75
Wood River Branch 100
Woodstock 43
Worcester (Tramway) 946
Worcester (Md.) 416
Worcester and Nashua 91
Worcester and Shrewsbury 93
Worcester and Somerset 416
Worthington Falls and Sioux City. . . 794
Wyoming, Railroads in 8&3
(For changes in titles, officers, etc., since the statements were printed, see page 1028.)
44
— ^ESTABLISHED 1853.$ —
^INCORPORATED 1873.
MANUFACTURERS OF
For Standard and Narrow Gauge Railroads.
Steam Engines, Boilers,
MILL AND HEAVY MACHINERY,
Fort Wayne, Ind.
J. H. BASS, Pres't
J. I. WHITE, Sec'y.
R. J. FISHER, Treas.
45
JOHN H, BASS, President, Fcri Wayne, Ind, J, M, DUTRO, Vice President, T, C, DUTRQ, Sec'y and Manager,
ST. LOUIS CM WHEEL COMPANY.
Lk »TKCTGM WNttll • /IXIES I FITTED.R.R.BBIDEC CASTINGS. «
Car and Engine Wheels, Railroad Castings, Sand
and Chilled Rolls for Rolling Mills, etc., etc.
OFFICE AND WORKS,
Corner 16th Street and Pacific Railroad, St. Louis, Mo.
Address, T. C. DUTHO, Secretary and Manager.
J
"rcr A -T.T. /x <r?Tn
MANUFACTUKER OF
Car,EngineJenderJruck,&DrivingWheels,
Cylinders, Railroad and General Castings,
Office, 85 Washington St., cor. of Dearborn.
Works, iiear C., K. I. & P. R. R. Snops.
TT.T.
J.ijJ-1.
46
TUT i/ri i f\r*p
THL KLLLObb
OF
BUFFALO, N. Y.
ENGAGED PI THE MANUFACTURE AND CONSTRUCTION OF ALL KINDS OF
and Highway
BRIDGES
Viaducts, Trestle Work,
TURN TABLES, ROOFS, and other Iron Structures,
Also COMBINATION BRIDGES (OF WOOD & IRON).
Make Railroad work a Specialty, and are also prepared to furnish. Contractors
and others with all kinds of finished Iron material for Bridges, Roofs, etc.
SPECIALTIES
SOLID DIE.- FORGED .EYE,, BAR.
Bridges entirely of Wrought Iron. Top Chords and End Posts continuous.
All parts open for inspection and painting. Die Forged Eye-Bars,
and Hydraulic Riveting. All Tension members tested by
actual strain to one and a half the maximum
strain provided for.
Send for Illustrations and Prices.
CHARLES KELLOGG,
President and Superintendent.
C. V. N. KITTREDGE,
Secretary and Treasurer.
P.O. Drawer 181.
GEORGE BEALS,
Vice-President.
C. H. KELLOGG,
Engineer.
CLASSIFIED INDEX TO ADVERTISEMENTS.
The Advertisements will be found at the BACK of the book or in the FRONT; In both places they have
a separate paging. Unless stated, the paging refers to the back of the book.
PAGE
ACCIDENT INSURANCE Co.
Travelers' Insur. Co., Hartford, Conn. . .Front 22
AIR BRAKE.
Longhridge, W., Baltimore, Md 39
Prosper, Thos. & Son, New York . . 6
West'ghouse Air B'ke Co., P'g Pa Front 3
AIR GAUGE.
Buffalo St'm G'ge & L. Co., Rochester, N.Y. 47
Post & Co., Cincinnati, 0 19
ANGLE AND TEE IRON.
Passaic Rolling Mill Co., Paterson, N. J 4
Phoenix Iron Co., Philadelphia, Pa 10
Pittsburg Forge and Iron Co., Pittsburg Pa.. 4
Union Iron Works Co., Cleveland, O 38
Wood & Lernan, Ag'ts, New York 31
ANVILS.
Fisher Rail Joint Works, Trenton, N. J 34
Midvale Steel Works, Phila., Pa Front 7
ARCHITECTS.
Smith, C. S., St. Louis, Mo Front 8
Smith. F. H. , Baltimore, Md Front 8
Wilson Bros. & Co., Phila., Pa 50
ASBESTOS MATERIALS.
Asbestos Packing Co., Boston, Mass 46
AUTOMATIC BRAKES.
Loughridge, W., Baltimore, Md 89
Westinghouse Air Brake Co., P'g, Pa. Front 3
AXLES.
Albany & Reneselaer I. & S. Co., Troy, N.Y. . 71
Allentown Rolling Mill Co., Phila., Pa 77
Anderson & Passavant, Pittsburg, Pa 27
Baugh Steam Forge Co., Detroit, Mich 36
Berwick Rolling Mill Co., Berwick, Pa 60
Cleveland Roll'g Mill Co., Clevel'd, O. .Front 5
Collins, H. E. & Co., Pittsburg, Pa 59
Cox, Justice, Jr. & Co., Phil.. Pa Front 14
Hussey, Howe & Co.,P'b2, Pa Ins. Cov. Front
Lake Erie Iron Co., Cleveland, O Front 9
Midvale Steel Works, Phila., Pa Front 7
Nashua Iron and Steel Co., Nashua, N. H. . . 30
Park, Brother & Co., Pittsb'g, Pa Front 26
Pen n sylvania S teel Co. , Phila ., Pa 23
Pittsburg Forge and Iron Co., Pittsb'g, Pa. . 4
Prosser, Thos. & Son , New York 6
Standard Steel Work*, Phila., Pa Front 1
Taylor Iron Works, High Bridge, N. J .Front 1
ASTRONOMICAL CLOCKS.
Howard, E. & Co., Boston, Mass Front 57
§ PAGE
ATTORNEY.
Barringer, L. W., Phila., Pa Front 16
AXLE GREASE.
Baker, S. T. & Co., New York, N. Y 25
BANKERS.
Drexel & Co.,Phila., Pa Front 26
Kennedy, J. S. & Co., New York, N.Y. Front 22
Moore, Jos. A., Indianapolis Front 64
Wilson, R. T. & Co., New York.. . . Front 3
BARROWS.
Jackson Manuf'g Co., Harrisburg, Pa 51
BEAMS AND GIRDERS.
Atkins Bros., Pottsville, Pa Front 19
Cleveland Roll'g Mill Co., Clevel'd, O. Front 5
Edge Moor Iron Co., Edge Moor, Del. .Front 6
Kellogg Bridge Co., Buffalo, N. Y Front 46
Keystone Bridge Co., Pittsburg, Pa Front 12
Leighton B'dge&Iron W'ks(Liin.).Roch.,N. Y 25
Niagara Bridge Works, Buffalo, N.Y 27
Passaic Rolling Mill Co., Paterson, N. J ... 4
Phoenix Iron Co., Phila., Pa 10
Union Iron Works Co., Cleveland, O 38
BELTING.
Forsaith, S. C. & Co.. Manchester, N. H 9
Mercer Rubber Co., Trenton, N. J Front 19
N. Y. Belt'g & Pack'g Co. , New York . Op.FL 1
Post & Co., Cincinnati, Ohio 19
BESSEMER STEEL.
Albany & Rensselaerl. & S. Co., Troy, N. Y.. 71
Bethlehem Iron Co., Bethlehem, Pa 61
Cambria Iron Works, Phila. , Pa 63
Cleveland Roll'g Mill Co., Clevel'd, O. . Front 5
North Chicago R. Mill Co., Chicago, 111. ... 26
Pennsylvania Steel Works, Phila., Pa 23
Union Rolling Mill Co. , Chicago, 111 55
BLACKSMITHS' TOOLS.
Forsaith, S. C. & Co., Manchester, N. H 9
BOILERS.
Bass F'dry & Mach. Co. , F't Wayne, Ind. . . Ft 44
Brooks Locomotive Works, Dunkirk, N.Y.. 69
Forsaith. S. C. & Co., Manchester, N. H 9
Harlan <fc Hollingsworth Co.,Wilm'gton, Del. 44
ManchesterLocomotive W'ks,Manches.,N.H. 46
Pittsb'g Loco'tive & Car W'ks, Pittsburg, Pa. 8
BOILER CLEANSING COMPOUND.
Lord, G. W., Philadelphia, Pa 28
BOILER COVERING.
Asbestos Packing Co., Boston Mass 46
INDEX TO ADVERTISEMENTS.
PAGES
BOILER FEEDER.
Hue Manufacturing Co. , Phila. , Pa 5
Sellers, Wm. & Co., Phila., Pa Front 28
BOILER PLATE.
Anderson & Passavant, Pittsburg, Pa 27
Over's, John V. Sons, Chicago, ill 17
Cleveland R. MM Co.. Cleveland, O. . . Front 5
Cox. Justice Jr. \fe Co. Phila., Pa.... Front 14
Hussey, Howe & Co., P'g,Pa.7//s. Fr'l Cover.
Nashua Iron & S' eel Co., Na-hua, N. H.. .. 30
Park, Biother & Co., Pittsburg, Pa... Front 26
Singer, Nimick & Co., Pittsburg, Pa 5
BOILED TUBES.
Moms, Tasker & Co., Limited, Phila., Pa.. 45
National Tube Works, Bosion, Mass. .Front 20
Post & Co., Cincinnati, 0 19
Wallace & Sons, New York, N. Y 78
BOLTS.
Albany & Rensselaer I. & S. Co., Troy, N.Y. 71
Allentown R. Mill Co., Phila., Pa 77
Cleveland Iron Co.. Cleveland, 0 9
Cleveland R. Mill Co.. Cleveland, O. . .Front 5
Harrisimrg; Car Mfg Co., Harrisburg, Pa. . . 13
Lake Erie Iron Co., Cleveland, O Front !
Oxford Iron Co., New York 13
Pittsburg Foige & Iron Co.. Pittsburg, Pa. . 4
Plnmn, Burdkt & Barnard, Buff., N. Y.l^V 18
Springfield Iron Co., Springfield, 111., .front 14
Wallace & Sons, New York 78
Winch, Corydon, Phila., Pa 32
Union Iron Works Co., Cleveland, O 38
BOLT CUTTING MACHINES.
Howard Iron Works, Buffalo, N. Y 57
BOLT FORGING MAC-HIKES.
Forsaith. S. C. & Co., Manchester, N. H 9
Plumb, Burdict & Barnard, Buff., N. Y. Front 18
BOLT HEADING & POINTING MACHINES.
Forsaith, S. C. & Co., Manchester, N. H. . . 9
Plumb, Burdict & Barnard, Buff., N.Y. .Front 18
BOLT MACHINES.
Forsaith, S. C. & Co, Manchester, N. H 9
BOOKS, ETC.
Homans, I. S., New York, N. Y 62
Nicolls, W. J., New York 40
Railroad Gazette Co., New York, N. Y 49
BRAKE PIPE.
Mercer Rubber Co., Trenton, N. J Front 19
N. Y. Belting & Packing Co.,N.Y.op.p 1 F't.
BRAKE, R. R.
Lough ridge. W., Baltimore, Md 39
Prosser, Thos. & Son, New York 6
Westiughouse Air Brake Co., P g, Pa.. Front 3
BRASS.
Wallace & Sons, New York 18
BKASS SEAMLESS TUBING.
Wallace & Sons, New York 78
BRASS WIRE.
Wallace & Sons, New York 78
BRIDGE BUILDERS.
American Bridge Co., Chicago, 111 79
Baltimore Bridge Co., Baltimore, Md . . Front 8
C.aike, Reeves & Co., Philadelphia, Pa 11
PAGE
Kellogg Bridge Co., Buffalo, N. Y Front 46
Kellogir & Maurice, Athens, Pa 16
Keystone Bridge Co.. Pittsburg, Pa. .. Front 12
LeightonB1dge&I.W'ksvLim.)Roch.,N.Y.. 25
Niagara Bridge Works, Buffalo, N. Y 27
Passaic Rolling Mill Co., Paterson, N. J. . . . 4
Phoenixville Bridge Works, Phila., Pa 11
Wilson Brothers & Co., Phila., Pa 50
CAR BEARINGS.
Hopkins, D. A., New York, N. Y,.. Front 24, 25
Missouri Car & Foundry Co., St. Louis, Mo. 36.
CAR BRAKE.
Loughridge, W., Baltimore, Md 89
Prost-er, Thos. & Son, New York 6
Westinghouse Air Brake Co., Pitts., P&..fr't 3
CAR BRAKE SHOE.
Bass, J. H., Fort Wayne, Ind Front 44
Bennet, E. R., New York 61
Chester Steel Casting a Co., Phila., Pa 65
Middleti >n, Allen, Philadelphia, Pa 58
Ramapo Wheel & F'ndry Co., Ramapo, N.Y. 74
Sargent, Geo. M. & Co., Chicago 35
CAR BUILDERS.
Barney & Smith Manuf. Co., Dayton, O. . . . 14
Brill, J. G. & Co., Philadelphia, Pa 7
Collins, H. E. & Co., Agts., Pittsburg, Pa... 59
Dayton Car Works, Dayton, 0 14
Dickson Manufacturing Co., Scranton, Pa... 28
Erie Car Works, Limited, Erie, Pa 76
Harlan & Hollin-rsworth Co., Wilming., Del. 44
Harrisburg Car Manuf. Co., Harrisburg, Pa.. 13
Jackson & Sharp, Wilmington, Del 2
Jackson & Woodin Manuf. Co .Berwick, Pa. 60
Jones, J. M. & Co., Trey, N. Y 59
Michigan Car Co., Detroit, Mich 37
Missouri Car & Foundry Co., St. Louis, Mo.. 36
National Tube Works, Boston, Mass. .Front 20
Pittsburg Loco. & Car Works, Pitt-burg, Pa. 8
Portland Co . Portland, Me 32
Stephenson,John. Co.(Lim.) N.York.. .Front 16
Tiffany Sum. & Win. Car Co., Chicago, 111. . . 19
Wason Manufacturing Co., Springfield, Mass. 68
Wason Car &• F'dry Co., Chattanooga, Term. 24
Wood & Leman, Agts, New York 31
CAR BRASSES.
Post & Co., Cincinnati, 0 19
CAR BUMPERS.
Continuous Draw-Bar Co., Cincinnati, O 58
CAR COUPLER.
Chester Steel Castings Co., Phila., Pa 65
Safford, J. B., Buffalo, N.Y 56
CAR DOOR LOCKS.
Brooks, E J. & Co., New York 42
Post & Co., Cincinnati, 0 19
Wallace & Sons, New York, N. Y 78
Williams Tool Co., Cincinnati, O 52
CAR FRAMES.
National Tube Works, Boston, Mass. ..Front 20
Phoenix Iron Co. , Philadelphia, Pa 10
CAR FIXTURES.
Post & Co., Cincinnati, O .19
Tillotson, L. G. & Co., New York 43
CAR HEAD LININGS.
Tillotson, L. G. & Co., New York 43
CAR HEATEKS AND VENTILATORS.
Spear, James, Phila., Pa Frord 58
INDEX TO ADVERTISEMENTS.
49
PAGE
CAR MACHINERY.
Forsaith, S. C. & Co., Manchester, N. H.. . 9
CAR REPLACEKS.
Nashua Iron and Steel Co., Nashua, N. H... . 30
Pennsylvania Steel Co., Philadelphia, Pa 23
CAR SEALS.
Brooks, E. J. & Co., New York, N. Y 42
Williams Tool Co., Cincinnati, O 52
CAR SEAL WIRES.
Brooks & Co., E.J.,N.Y 42
CAR SEATS.
Middleton, N. & A., Philadelphia, Pa 22
Tillotson, L. G. & Co., New York, N. Y 43
CAR SEAT FRAME.
Middleton, N. & A., Philadelphia, Pa 22
CAR SPRINGS.
Cleveland Spring Co.. Cleveland, 0 38
Culmer Spring Co., Pittsburg, Pa Front 58
Diamond State Car Sp1gCo..Wilmington,Del. 18
French, A. & Co., Pitts'g, Pa.. Opp. Front Cov.
Mercer Rubber Co., Trenton, N. J Front 19
Middleton, N. & A. Co., Philadelphia, Pa .. 22
N.Y.B't & Pac.Co.,N. York, N.Y. Op. p. 1 Ft.
CAR STOVES.
Spear, Jas., Philadelphia, Pa Front 58
Winslow & Co., A. P., Cleveland, 0 54
CAR TRIMMINGS.
Post & Co., Cincinnati, 0 19
Tillotson, L. G. & Co., New York, N. Y 43
CAR TRANSFER APPARATUS.
Ramsey, R. H., Philadelphia, Pa 33
CAR TRUCK SHIFTING APPARATUS.
Ramsey, R. H., Philadelphia, Pa 33
CAR UPHOLSTERY.
Tillotson, L. G. & Co., New York, N. Y 43
CAR WHEELS.
Barney & Smith Manuf'g Co., Dayton, O 14
Bass Foundry &M. W'ks., Ft. W.. Ind. front 44
Bass, J. H., Chicago, 111 Front 45
Bowler, Maher & Brayton, Cleveland, 0 54
Cayuta Wheel & FoundryCo.,Waverly,N.Y.. 75
Davrnport, Fait bairn & Co., Erie, Pa 76
Detroit Car Wheel Co., Detroit, Mich 37
Dickson Manufacturing Co., Scranton, Pa... 28
Fulton Foundry Co., Cleveland, 0 65
Griffin Car Wheel Co., Detroit Mich 21
Hnrlan &HollingsworthCo.,Wilmington,Del. 44
Harrisburg Car MtmttTg Co., Harrisbiirg, Pa. 13
Jackson & Woodin M'f'g Co., Berwick, Pa.. 60
Lobdell Car Wheel Co.,Wilmington, Del. .72, 73
Louisville Car Wheel Co., Louisville, Ky 22
Missouri Car & Foundry Co., St. Louis, Mo. 36
Nashua Iron and Steel Co , Njisb.ua, N. H. . . 30
Prosser, Thomas & Son, New York 6
Ramapo Wheel & Foundry Co., Rnmapo, N.Y. 74
Rochester Car Wheel Works, Rochester,N.Y. 6
St. Louis Car Wheel Co., St. Louis, Mo.Front 45
Taylor Iron Works, Highbridge, N. J.. Front 1
Thomas, May & Co., Indianapolis, Ind 12
Wason Car & F'd'y Co., Chattanooga, Tenn. 24
Wason Manufacturing Co., Springfield, Mass. 68
CAR WHEF.L BORING MACHINE.
Bement & Son, Wm. B., Philadelphia, Pa... 3
Lobdell Car Wheel Co., Wilming., Del 72, 73
Sellers, Wm. & Co., Philadelphia, Pa.. .Front 28
PAGE
CAST STEEL.
Anderson & Passavant, Pittsburg, Pa 27
Hussey,Howe & Co., I'itts'g. Pa.fn. F't Cov.
Jersey City Steel Works, Jersey City< . .Front 4
Park, Brother & Co., Pittsburg, Pa. .. Front 26
Prosser, Thomas & Son, New York 6
Singer, Nimick & Co., Piitsburg, Pa 5
Standard Steel Works, Phila., Pa Front 1
CEDAR TANKS FOR WATER STATIONS.
Burkhardt, Geo. J. & Co., Philadelphia, Pa. 7
CHAIN LINKS.
Bourne & Knowles, Cleveland, 0 38
CIRCULAR SAWS.
Place, George, Mach.Ag'y, N.York.N.Y..^ 23
CIVIL ENGINEERS.
Smith, C. S., St. Loni?, Mo Front 7
Smith. F. H., Baltimore, Md Front 7
Wilson Bros. & Co., Philadelphia, Pa 50
CHARCOAL BLOOMS AND BILLETS.
Marvel, Wm. D., New York Front 4
CLOCKS.
Howard, E. & Co., Boston, Mass Front 57
COAL.
Borden & Lovell, New York, N. Y. . ..Front 10
Marvel, Win. D., New York Front 4
COAL CRANES, " PORTABLE."
Fulton Foundry Co., Cleveland, 0 65
COAL GAS APPARATUS.
Morris, Tasker & Co.(Lim.),Philadelphia,Pa. 45
COAL SCALES.
Fairbanks Scale Co., New York, N. Y 1
COMMISSION MERCHANTS.
Borden & Lovell, New York, N. Y Front 10
Collins, H. E. & Co.. Pittsburg, Pa 59
Cox, Justice, Jr. & Co.. Philadelphia, P&.F't 14
Kennedy, J. S. & Co., New York, N.Y....F't 22
Marvel, Wm. D., New York, N. Y Front 4
Wilson, R. T. & Co., New York, N. Y. Front 3
Wood & Leman. New York, N. Y 31
CONDUCTORS' PUNCHES.
Post & Co., Cincinnati, O 19
CONTINUOUS DRAW BARS.
The Continuous Draw-Bar Co., Cincin'a, O.. 58
COOLING COMPOUND FOR HOT JOURNALS.
Middleton, Allen, Phila., Pa 58
COPPER.
Post & Co., Cincinnati, O 19
Wallace & Sons, New York 78
COPPER RIVETS.
Wallace & Sons, New York 78
COPPER SEAMLESS TUBING.
Wallace & Sons, New York 78
COPPER, SHEET.
Wallace & Sons, New York 78
COUNSELOR-AT-L.AW.
Barringer, Lewin W., Phila, Pa Front 16
50
INDEX TO ADVERTISEMENTS.
PAGE
COPPER Wrr.E.
Wallace & Sons, New York 78
COTTER'S " SPRING."
Whitman & Barnes Mfg.Co, Syracuse, N.Y.F. 15
COTTON WASTE.
Schofield, Joseph, Philadelphia, Pa 17
CRANK PIN JACKS.
Dudgeon, R., New York, N. Y 20
CRANK PIN MACHINES (PORTABLE).
Flanders, L. B.. Philadelphia, Pa 18
CROSS HEADS FOR LOCOMOTIVES.
Chester Steel Castings Co., Phila., Pa 65
CROSSINGS, R. R.
Bennet. E. R., New York, N. Y 61
Chester Steel Castings Co., Phila., Pa 65
Cleveland Rolling Mill Co., Clever d, O. Front 5
Elliot, H. & H., E. St. Louis, 111 56
Jacks' >n Manuf g Co., Harrisburg, Pa 51
Midvale Steel Works, Phila., Pa Front, 7
Naylor & Co., New York Front 11
Pennsylvania Steel Co., Philadelphia, Pa 23
DEFAULTED BONOS AND SECURITIES.
Barringer, LewinW., Philadelphia, P&.Front 16
DEPOT SCALES.
Fairbanks & Co., New York 1
DESKS.
Andrews, A. H. & Co., Chicago, N. Y 77
Moore, Jos. A., Indianapolis, Ind Front 64
DRAW BARS.
Safford, J. B., Buffalo, N. Y. 56
The Continuous Draw Bar Co., Cincinnati, O. 58
DRAW HOOKS.
Taylor Iron Works, Highbridge, N. J. Front. 1
DRILLS.
Berapnt, Wm. B. & Son, Philadelphia, Pa. . . 3
Place, Geo.,Mac'hy Ag'cy, N.York, N.Y. FH 23
Sellers, Wm. & Co., Phila., Pa Front 23
DRILLS (PORTABLE).
The Stow Flex. Shaft Co. (Lira.), Phila., Pa. 21
ELECTRICAL INSTRUMENTS.
Tillotson, L. G. & Co., New York, N. Y 43
Williams, Charles, Jr., Boston, Mass 40
EMERY VULCANITE WHEELS.
N. Y. Belting & Pack'g Co., N. Y. Opp. 1 Front
EMERY WHEELS.
N.Y. Belting & Pack'g Co., N. Y. Op. 1 Front,
Place, Geo., Mach. Agt.,New York, N. Y..F 23
ENVELOPES.
Raynor, Samuel & Co., New York, N. Y 52
EXCAVATORS.
Furst & Bradley ManTg Co., Chicago, 111.. 57
EYK BAH s.
Edsre Moor Iron Co., Ed re Moor, Del. . . Front 6
Kdlogg Bridge Co., Buffalo, N. Y Front 46
Keystone Bridge Co., Pittsburg, Pa Front 12
PAGE
FENCING STEEL " BARB " WIRE.
Washburn & Moen Mfg. Co., Wor. .Mass. .Fr't 2
FILES.
Nicholson File Co., Providence, R. 1 15
FILE Cr EANERS.
Nicholson File Co., Providence, R. I. 15
FILE HOLDERS.
Nicholson File Co., Providence, R. 1 15
FIRE APPARATUS.
Forsaith, S. C & Co., Manchester, N. H ... 9
Manchester Locomotive Works, Man., N. H. 46
FIRE HYDRANTS.
Ludlow Valve Co., Troy, N. Y Front 12
FISH PLATES.
Albany and RenssV L & S. Co., Troy, N.Y... 71
Cleveland Rolling Mill Co., Clev., O. . . Front 5
Pittsburg Forge and Iron Co., Pittsburg, Pa.. 4
FLEXIBLE SHAFTING.
Stow Flexible Shaft. Co. (Lim.), Phila., Pa.. 21
FORCINGS, R. R.
Anderson & Passavant, Piftsburg, Pa 27
Baugh Steam Forge Co.. Detroit, Mich 36
Cleveland Rolling Mill Co., Clev., O... Front 5
Collins. H. S. & Co., Pittsburg. Pa 59
Edge Moor Iron Co., Edge Moor, Del . . . Front 6
Harrisburg Car and Manuf. Co., Harris'g, Pa. 13
Hussey, Howe & Co.. Pitts'g, Pa.. Ins. F. Cover
Lake Erie Iron Co., Cleveland, O Front 9
Midvale Steel Works, Philadelphia. Pa. Front 7
Nashua Iron and Steel Co , Nashua. N H 30
Pennsylvania Steel Co., Philadelphia, Pa.. .. 23
Pittsburg Forge and Iron Co., Pittsburg, Pa. 4
Prosser, Thomas & Son. New York, N. Y. . . 6
Singer, Nimick & Co , Pittsburg, Pa 5
Standard Steel Works, Phila.. Pa Front 1
Taylor Iron Works, High Bridge, N. J .Front 1
FREIGHT CAR SEALS.
Brooks, E. J. & Co., New York, N.Y 42
FROGS, R. R.
Barney & Smith Manuf. Co., Dayton, O 14
Bennet, E. R., New York, N.Y 61
Bowler, Maher & Brayton, Cleveland, 0 54
Chester Steel Castings Co., Phila., Pa 65
Cleveland Roll in «r Mill Co., Clev., O . . . Front 5
Elliot. H. &H..E. St. Louis, 111 56
Jackson Manuf g Co., Harrisburg, Pa 51
Lobdell Car Wheel Co., Wilmington, Del. 72, 73
Midvale Steel Works, Philadelphia, Pa . Front 7
Naylor & Co., New York. N. Y Front 11
Pennsylvania Steel Co., Philadelphia, Pa 23
GAS PIPE.
Morris, Tasker & Co.(Lim.), Phila, Pa 45
National Tube Works, Boston, Mass .. .Front 20
GIRDERS. (See Beams.)
GOVERNMENT SECURITIES.
Drexel & Co., Philadelphia, Pa Front 26
Kennedy, J. S., New York, N.Y Front 22
Moore, Jos. A., Indianapolis. Ind Front 64
Wilson, R. T. & Co., New York, N. Y. Front 3
INDEX TO ADVERTISEMENTS.
51
PAGE
HEAD LIGHTS.
Buffalo Steam Gauge & Lant. Co., Roch.,N.Y. 47
Post & Co., Cincinnati, O 19
HOMOGENEOUS BOILER PLATE.
Anderson & Passavant, Pittsburg, Pa 27
Ayer's, John V. Sons, Chicago, 111 17
Cleveland Rolling Mill Co., Clev., O.. Front 5
Hus:*ey, Howe & Co., Pitts'g, Pa.. Ins. F. Cover
Nashua Iron and Steel Co., Nashua, N. H 30
Park, Bro. & Co., Pittsburg, Pa Front 26
Singer, Nimick & Co., Pittsburg, Pa 5
HOMOGENEOUS STEEL TUBES.
Morris, Tasker & Co. (Lira.), Phila., Pa 45
HOSE.
Forsaith, S. C. & Co., Manchester, N. H 0
Mercer Rubber Co, Trenton, N. J. . . .Front 19
N.Y. Belt'g & Pack'g Co Op. p. I Front
HOT PRESSED NUT MACHINES.
Plumb, Burdict & Baruard,Buff., N.Y. .Front 18
HYDRAULIC FORCINGS.
Edge Moor Iron Co., Edge Moor, Del. . . Front 6
HYDRAULIC GAUGES.
Post & Co., Cincinnati, O 19
HYDRAULIC JACKS.
Dudgeon, Richard, New York, N. Y 20
Post & Co., Cincinnati, O 19
HYDRAULIC PRESSES.
Dudgeon, Richard, New York, N. Y 20
HYDRAULIC PUNCHES.
Dudgeon, Ricliard, New York, N. Y 20
HYDROSTATIC WHEEL PRESS.
Lobdell Car Wheel Co., Wilmington, Del. 72, 73
INJECTORS.
Rue Manufacturing Co., Philadelphia, Pa. . . 5
Sellers, Win. & Co., Philadelphia, Pa,.. Front 28
INSURANCE COMPANIES.
Royal Insurance Co., New York, N. Y 78
Satterlee, Bostwick & Martin. Ni-w York...^7. 8
Travelers' Insurance Co., Hartford, Ct. Front 22
IRON CLAD PAINT.
Iron Clad Paint Co., Cleveland, O. 64
IRON, BAR.
Ayer's, John V. Sons. Chicago, 111 17
-Allentown Rolling Mill Co., Phila., Pa 77
Berwick Rolling M ill Co., Berwick, Pa 60
Cambria Iron Works, Philadelphia, Pa 63
Cleveland Iron Co., Cleveland. O 9
Cleveland Rolling Mill Co., Clev., O ...Front 5
Collins, H. E. & Co., Pittsburg, Pa 59
Cox, Justice, Jr. & Co., Phila., Pa Front 14
Lake Erie Iron Co., Cleveland, O Front 9
Nashua Iron & Steel Co., Nashua, N. H 30
Passaic Rolling Mill Co., Pat rson, N. J 4
Phoenix Iron Co., Philadelphia, Pa 10
Pittsburg Forge and Iron Co., Pittsburg, Pa. 4
Union Iron Works Co., Cleveland, O 38
Winch, Cory dun, Philadelphia. Pa 32
Wood & Leiuaii, Agents, New York 31.
IRON, GALVANIZED.
Cleveland Rolling Mill Co., Clev., O. . .Front 5
PAGE
IRON MERCHANTS.
Ayei's, John V. Sons, Chicago. Ill 17
Collins, H. E. & Co., Pittsburg, Pa 59
Cox, Justice, Jr. & Co., Phila., Pa Front 14
Lake Erie Iron Co., Cleveland, O Front 9
Marvel, Wm. D., New York, N. Y Front 4
Wood & Lemau, New York, N. Y 31
IRON, PIG.
Atkins, Bros., Pottsville, Pa Front
Allentown Rolling Mill Co., Allentowu, Pa. 77
Bethlehem Iron Co., Bethlehem, Pa 61
Cleveland Iron Co., Cleveland, O 9
Collins, H. E. & Co., Pittsburg, Pa 59
Cox, Justice, Jr. & Co., Phila., Pa Front 14
Marvel, W. D., New York, N.Y Front 4
North Chicago Rolling Mill Co., Chicago, 111. 26
Oxford Iron Co., New York, N. Y 13
Union Rolling Mill Co., Chicago, 111 55
Wood & Leman, New York, N.Y 31
IRON ORE.
Marvel, Wm. D., New York, N. Y Front 4
IRON, SHEET.
Ayer's, John V. Sons. Chicago, 111 17
Cleveland Rolling Mill Co., Clev., O. . .Front 5
Lake Erie Iron Co., Cleveland, O Front 9
Union Iron Works Co. , Cleveland, O 38
Wood & Leman, New York, N. Y 31
IRON WATER PIPE.
Leighton B'dge & I. W'ks (Lim.), Roch.,N. Y. 25
Morris, Tasker & Co. (Lim.), Phila., Pa 45
National Tube Works, Boston, M.&SS.. Front 20
IRON WIRE.
Cleveland Rolling Mill Co., Clev., O. . .Front 5
Haigh, J. L , New York, N. Y . . 24
Hazard Manuf. Co., Wilkes-Barre, Pa,. Front 8
Washburu & Moen Mfg.Co.,Worc'r, M&ss.F. 2
IRON WORKING MACHINERY.
Bement, Wm. B. & Son, Philadelphia, Pa. .. 3
Forsait.li, S. C. & Co., Manchester. N. H. . . . 9
Place, Geo.,Mach'y Agency. New York,N R.F. 23
Sellers, Wm. & Co., Philadelphia, Pa,.. Front 28
JAPANS.
Chicago Varnish Co., Chicago, 111 . ..Front 6
Reed, C. C. & Co., New York, N. Y 15
Valentine & Co., New York, N. Y 1
JOURNAL BEARINGS.
Hopkins, D. A., New York Front 24, 25
JOURNAL BOXES.
Chester Steel Castings Co., Phila., Pa 65
LAMPS.
Buffalo Steam Gauge & L.Co.,Rochester,N.Y. 47
Post & Co., Cincinnati, O 19
Wallace & Sons, New York 78
LANTERNS.
Buffalo Steam Gauge & L.Co.,Rochester,N.Y. 47
Post & Co., Cincinnati, O 19
Wallace & Sons, New York 78
LATHES.
Bement, Wm. B. & Son, Philadelphia, Pa. . . 3
Forsaith, S. C. & Co., Manchesier, N. H. . . 9
Sellerf, Win. & Co., Philadelphia, P&..Front 28
LEAD.
Post & Co., Cincinnati, O 19
52
INDEX TO ADVERTISEMENTS.
PAGE
LEATHER BELTTNG.
Post & Co., Cincinnati, O 19
LETTERS OF CREDIT.
Drexel & Co., Philadelphia, Pa Front 26
LINEN HOSE.
N.Y. Belt. & Pack.Co., N.Y'k,N. Y. Op.p. l.F't'
LINSEED OIL.
John Jewett & Sons, New York, N. Y .Front 57
LOCKS.
Brooks, E.J. & Co., New York 42
Post & Co., Cincinnati, O 19
Wallace & Sons, New York 78
Williams Tool Co., Cincinnati, O 52
LOCK NUTS.
Bennet, E. R., New York, N. Y 61
Metcalf , Panl & Co., Pitisburg, Pa 12
Wood & Leman, New York, N. Y 31
LOCOMOTIVES.
Baldwin Loco. Worki, Philadelphia,Pa. Front 27
Brooks Loco. Works, Dunkirk. N. Y. . ... 69
Collins, H. E. & Co., Agents, Pittsburg, Pa. . 59
Danf on h Loco. & Mach. Co. , New York, N.Y. 47
Dickson Manufacturing Co., Scranton, Pa.. , 28
Grant Locomotive Works, Now York . 48
Manchester Loco. Works. Manchester. N. H. 46
National Loco. Works, Conndsyille, Pa. . .. 16
Pittsburg Loco. & Car Works, Pittsburg, Pa. 8
Portland Company. Portland. Me 32
Rogers Loco. & M*ch. Co.. New York, N. Y. 29
Schenectady Loco. Works. Schenectady, N.Y. 41
Wood & Leman, Agts, New York 31
LOCOMOTIVE BALANCES.
Buffalo Steam Gauge & L.Co.,Rochester,N.Y. 47
Post & Co., Cincinnati, O 19
LOCOMOTIVE DRIVER BRAKE.
Westinghouse Air Brake Co., Plttsbmg. Front 3
LOCOMOTIVE CYLINDER BORING MACH-
INES (Portable).
Flanders, L. B., Philadelphia, Pa 18
LOCOMOTIVE JACKS.
Dudgeon, R. & Co., New York 20
Post & Co., Cincinnati, O 19
LOCOMOTIVE HEAD LIGHTS.
Buffalo Steam Gauge& L.Co.,Rochester,N.Y. 47
LOCOMOTIVE SNOW AND TRACK BROOMS.
Isaacs, M. C. & Co., Chicago, 111 Front 13
LOCOMOTIVE SPARK CLOTH.
Cleveland RoirgMill Co. . Cleveland, O. Front 5
Wallace & Sons, New York 78
LOCOMOTIVE SPRINGS.
French, A. &Co., Pittsburg. Pa Op. Front Cover
Cleveland Spring Co., Cleveland, 0 38
LOCOMOTIVE TIRES.
Cleveland Rolling Mill Co., Clcvel'd. O. Front 5
Mi Ivale Steel Works, Philadelphia, P&.Front 7
Nashua Iron & Steel Co., Nashua, N. H 30
Naylor & Co., New York, N. Y Front 11
Prosser Thos. & Son. New York, N. Y 6
Standard Steel W'ks, Philadelphia, P&.Front 1
PAGE
LUBRICATING COMPOUND.
Middleton, Allen, Philadelphia, Pa 58
LUBRICATING OIL.
Baker, S. T. & Co., New York, N. Y 25
LUBRICATORS CONTINUOUS FEEDING.
Parshall, C.H., Detroit, Mich 50
MACHINERY, R. R.
BassFoundry& Mach.Co.,FortWayne,Ind.^. 44
Bement & Son, Wm. B., Philadelphia, Pa. . . 3
Forsaith, S. C. & Co., Manchester, N. H. . . . 9
Harlan&Hollingsworth Co., Wilmington, Del. 44
Place, G., Mach. Agency,Ne\v York,N.Y.^«V 23
Post A Co., Cincinnati, O 19
Rogers Loco. & Mach. Works, New York,N. Y 29
Schenectady Loco. Works, Schenectarly, N Y. 41
Sellers, Wm. &C<>., Philadelphia, Pa. Front x>8
TMotson, L. G. & Co., New York, N. Y 43
MACHINISTS' TOOLS.
Bement, Wm. B. & Son, Philadelphia, Pa. . . 3
Sellers, Wm. & Co., Philadelphia, PA.. Front 28
Forsaith, S. C. & Co., Manchester, N. H. . . 9
MACHINISTS' SCRAPERS.
Nicholson File Co., Providence, R. 1 15
MAGAZINES, JOURNALS, ETC.
Bankers' Mag. & Almanac, New York, N. Y. 62
Railroad Gaz tte. New York, N. Y 49
Scientific Publishing Co., NewYork,N. Y..F. 17
METAL BROKERS.
Collins, H. E. & Co , Pittsburg, Pa 62
Cox, Justice, Jr. & Co., Philadelphia, Pa. F. 14
Wood & Le man, New York, N.Y 31
METAL SPINNINGS.
Post & Co., Cincinnati, O 19
METALLIC PAINT.
Iron Clad Paint Co., Cleveland, O 64
MINING MACHINERY.
Dickson Manfg. Co., Scranton, PA. 28
NAILS.
Albany & Ren'laer I. S. & Co., N. Y., N. Y. . 71
Borden & Lovell, New York, N. Y. . . .Front 10
Oxford Iron Co., New York, N.Y 13
NORWAY IRON.
Naylor & Co., New York, N. Y Front 1 1
NUTS.
Bourne & Knowles, Cleveland, O 38
Lake Erie Iron Co., Cleveland, O Front 9
Oxford Iron Co., New York, N. Y 13
Passaic Rolling Mill Co., Paierson. N. J 4
Springfield Iron Co., Springfield, III.... Front 14
NUT LOCKS.
Bennet, E. R., New York, N. Y 61
Metcalf, Paul & Co., Pittsburg, Pa 12
Wood & Leman, New York 31
NUT TAPPING MACHINES.
Plumb, Burdict & Barnard, Buffalo,N.Y..PV* 18
Howard Iron Works, Buffalo 57
OFFICE FURNITURE.
Andrews, A. H. & Co., Chicago, 111 77
OILS.
Baker, S. T. & Co., New York, N. Y 25
INDEX TO ADVERTISEMENTS.
53
PAGE
OIL TANKS.
Winchell, Geo. D., Cincinnati, O Front 21
OIL WELL ENGINES.
Pittsburg Loco. & Car Works, Pittsburg, Pa. 8
OIL WELL TOOLS.
Pittsburg Loco. & Car Works-, Pittsburg, Pa. 8
OLD HAILS, ETC.
Collins, H. E. & Co., Pittsburg, Pa 59
Wood & Leman, New York, N. Y 31
PACKING.
Asbestos Packing Co., Boston. Mass 46
Mercer Rubber Co.. Trenton, N. J .. .Front 19
N. Y. Belt. & Pack. Co., New York. Op. p. \.F.
PACKING FOR CAR BOXES.
Schofield, Joseph, Philadelphia, Pa 17
PAINTS.
Iron-Clad Paint Co., Cleveland, Ohio 64
PICKS (Steel).
Metcalf, Paul & Co., Pittsburg, Pa 12
PLANERS (Iron and Wood).
Bement & Son, Philadelphia, Pa 3
Forsaith, S. C. & Co., Manchester, N. H 9
Sellers, Wm. & Co., Philadelphia, Pa.. Front 28
PLOW, R.R.
Furst & Bradley Manufg Co., Chicago, 111.. 57
POWER HAMMERS.
Bement, Wm. B. & Son, Philadelphia, Pa. . . 3
Fontitb. S. C. & Co., Manchester. N. H 9
Sellers, Win. & Co., Philadelphia, Pa. Front 28
PRINTERS.
Rand, Avery & Co., Boston, Mass 48
PUMPS.
Forsaith, S. C. & Co., Manchester, N. H 9
RAIL FASTENINGS.
Allentown Rolling Mill Co., Phila., Pa 77
Cleveland Tron Co.. Cleveland. Ohio 9
Clevelai'd Rolling Mill Co.. Clev< -I'd, O. Front 5
Collins, H. E. & Co., Pittsburg, Pa 59
Fisher Rail Joint Works, Trenton, N. J 34
Pho?nix Iron Co., Philadelphia, Pa 10
Springfield Iron Co., Springfield, 111. ..Front 14
Union Iron Works Co , Cleveland, Ohio 38
Wim-h, Corydon, Philadelphia, Pa 32
Wood & Leman, New York 31
RAIL JOINT.
Fisher Rail Joint Works, Trenton, N. J 34
RAILS, IRON.
Albany & Rensselaer I. & S. Co., Troy, N. Y. 71
Allentown Rolling Mill Co., Phila., Pa 77
Atkins Bros., Pottsville, Pa ' Front 19
Bethlehem Iron Co., Be'hlehem, Pa 61
Cambria Iron Works, Philadelphia, Pa 63
Cleveland Iron Co., Cleveland, Ohio 9
Cleveland Rolling Mill Co ,Clevel'd, O. Front 5
Collins, H. E. & Co., Agents, Pittsbnrg, Pa. 59
Cox, Justice, Jr., & Co., Phila., Pa., Ag'ts.F. 14
Kansas R. .lling Mi'l Co , Kansas City. Mo ... 53
Kennedy, J. S. & Co.. New York, N. Y.. FH 22
Marvel, William D., New York, Age'ts..PV0ȣ 4
Naylor & Co , New York, Agents Front 11
North Chicago Rollinjr Mill, Chicago, 111. ... 26
Phoenix Iron Co., Philadelphia, Pa 10
PAGE
Springfield Iron Co., Springfield, 111. . .Front 14
Union Iron Works Co., Cleveland, Ohio 38
Union Rolling Mill Co., Chicago, 111 55
Wood & Leman , Agents, New York 31
RAILS, STEEL.
Albany & Rensselaer I. & S. Co., Troy, N. Y. 71
Bethlehem Iron Co, Bethlehem, Pa 61
Cambria Iron Works, Philadelphia, Pa 63
Cleveland Rollins Mill Co., C\ever&,O.. Front 5
Collins, H. E. & Co., Pittsburg, Pa., Agents. 59
Cox, Justice, Jr., & Co., Phila., Pa.. Asr'ts.^. 14
Kennedy, J. S. & Co., New York, N.f...^'/! 22
Naylor & Co., New York. Agents ... . Front 11
North Chicago Rolling M 11 C<>., Chicago. 111. 26
PennsylvMnia Steel Co., Philadelphia. Pa 23
Union Rolling Mill Co., Chicago, 111 55
Wood & Leman, Agents, New York, N. Y... 31
R.R. CASTINGS.
Allentown Roll ing Mill Co., Phila., Pa 77
Bass Found'y & Mach. Co., Ft. Wayne, Ind.^. 44
Bas-, J. H., Chicago, 111 ..Front 45
Bowler. Maher & Bray ton, Cleveland, Ohio.. 54
Cayuta Wheel & Foundry Co., Waverly. N. Y. 75
Chester Steel Castings Co., Philadelphia, Pa. 65
Detroit C T Wheel Co., Detroit, Mich 37
Fulton Foundry Co., Cleveland, Ohio 65
Griffin Car Wheel Co., Detroit. Mich 21
Harrishurg Car Manuf'g Co., Harrisburg, Pa. 13
Lobdell Car Wheel Co., Wilmington, Del.. 72, 73
Louisville Car Wheel Co., Louisville. Ky 22
Manchester Loco. Works, Manchester, N. H. 46
Missouri Car and Foundry Co., st. Louis, Mo. 36
Ramapo Wheel & Found. Co.. Ramapo, N. Y. 74
St. Louis Car Wheel Co., St. Louis, Mo. Front 45
Thomas, May & Co., Indianapolis, Ind 12
Wason Car & Found. Co., Chattanooga. Tenn. 24
Wason Manufacturing Co., Springfield, Mass. 68
RAILROAD GUIDES.
Pathfinder, "New England," Boston, Mass.. 48
Travelers' Official Guide, Philadelphia, Pa. . . 66
RAILROAD INSURANCE.
Royal Insurance Co., New York, N. Y 78
Satterlee, Bostwick & Man in, New York. .F. 8
R. R. LOCKS.
Brooks. E. J. & Co., New York, N. Y 42
Post & Co., Cincinnati, Ohio 19
Wallace & Sons, New York 78
Williams Tool Co., Cincinnati, Ohio 52
RAILROAD SCRAP.
Collins, H. E. & Co., Pittsburg, Pa 59
Wood & Leman, New York, N. Y 31
RAILROAD SECURITIES.
Drexel & Co., Philadelphia, Pa Front 26
Kennedv, J. S. & Co., New York, N. Y.. F't 22
Moore, Jos. A., Indianapolis. Ind Front 64
Wilson, R. T. & Co, New York Front 3
RAILROAD SHOP EQUIPMENT.
Bement, Wm. B. & Son, Philadelphia. Pa. .. 3
For-aiih, S. C. & Co., Manchester, N. H 9
Sellers, Wm. & Son, Philadelphia, Pa..Front 28
RAILROAD SUPPLIES.
Ayer's, John V. Sons, Chicago, 111 17
Bennet, E. R. , New York, N. Y 61
Br.ioks, E. J. & Co., New York 42
Collins, H. E. & Co., Pittsburg, Pa 59
Louisv'eCarWh'l &R. R. Sup. Co.,Louisv'e. 22
Mercer Rubber Co., Trenton, N. J Front, 19
Place. Ge >., Mach. Ag'cy, New York, N.Y..JP. 23
Post & Co., Cincinnati, Ohio 19
54
INDEX TO ADVERTISEMENTS.
PAGE
Tillotpon, L. G. & Co., New York, N. Y 43
Wallace* Sons, New York 78
Williams Tool Co., Cincinnati, Ohio 52
Wood & Leman, New York 31
R. R. WATER SUPPLY MACHINERY.
Morris?, Tasker & Co. (Lim.), Phila., Pa 45
RAILWAY VARNISH.
Chic-igo Varnish Co., Chicago, 111 Front 7
Reed, C. C. & Co., New York, N. Y 15
Valentine & Co., New York, N. Y 1
RASPS.
Nicholson File Co., Providence, R. 1 15
RATCHET WRENCH AND DRILL.
Williams Tool Co., Cincinnati, Ohio 52
REFRIGERATOR CARS.
Tiffany S'rnmer & Wint'r Car Co., Chica'o, 111. 19
RIVETS.
Allentown Rolling Mill Co., Phila., Pa 77
Bourne & Knowles, Cleveland, Ohio 38
Post & Co. (Burdens), Cincinnati, Ohio 19
Passaic Rolling Mill Co., Paterson, N. J 4
RIVETS, COPPER.
Wallace & Sous, New York 78
ROAD SCRAPER.
Furst & Bradley, Manufg Co., Chicago, 111.. 57
ROLLING MILLS.
Albany & Rensselaer I. & S. Co., Troy, N. Y. 71
Allentown Rolling Mill Co., Phila., Pa 77
Atkins Bros. , Pottsville, Pa Fiont 19
Berwick Rolling Mill Co., Berwick. Pa 60
Bethlehem Iron Co., Bethlehem, Pa 61
Cambria Iron Works, Philadelphia, Pa 63
Cleveland Iron Co., Cleveland, Ohio 9
Cleveland Rolling Mill Co., Clevel'd, O . Front 5
Kansas Rolling Mill Co., Kansas City, Mo. . . 53
Lake Erie Iron Co., Cleveland. Ohio. . .Fiont 9
North Chicago Rolling Mill Co., Chicago, III. 26
Pennsylvania Steel Co., Philadelphia, Pa — 23
Phoenix Iron Co., Philadelphia, Pa 10
Springfield Iron Co., Springfield, I\\...Fi-ont 14
Union Rolling Mill Co., Chicago, 111 55
Wallace & Sous, New York 78
ROLLING MILL MACHINERY.
Dickson Manuf 'g Co., Scranton, Pa 28
ROLLING STOCK.
U. S. Rolling Stock Co., New York, N. Y. . . . 67
ROOFS, ETC.
American Bridge Co , Chicago, 111 79
Cleveland Rolling Mill Co., CleveFd, O. Front 5
Kellogg & Maurice, Athens, Pa 16
Kellogg Bridge Co., Buffalo, N. Y .Front 46
Keystone Bridge Co., Piitsburg, F'a . Front 12
Leignttin B'dge & I. W'ks (Lim.), Roch., N.Y. 25
Niagara Bridge Works, Buffalo, N. Y 27
Passaic Ro ling Mid Co., Paterson, N. J 4
Phoenix Iron Co. , Philadelphia, Pa 10
Phoenixville Bridge Co., Philadelphia, Pa. ... 11
RUBBER CAR SPHINGS.
Mercer Rubber Co., Trenton, N. J Front 19
N.Y. Belt. & Puck. Co., N. Y'k, N.Y. Op. p. l.F.
PAGE
RUBBER BELTING.
Mercer Rubber Co., Trenton, N. J Front 19
N. Y. Belting & Pack'g Co., N. York. Op p. l.F.
Post & Co., Cincinnati, Ohio 19
RUBBER FABRICS.
Mercer Rubber Co., Trenton, N. J Front 19
N. Y. Belt'g & Pack'g Co., N. Y'k. Op. p. l.F.
RUBBER HOSE.
Mercer Rubber Co., Trenton. N. J Front 19
N. Y. Belt. & Pack. Co.,N. Y'k, N. Y. Op. p. l.F.
SAFE DEPOSIT Co.
N. Y. Safe Deposit Co., New York, N. Y. ..P. 63
SAW FILES.
Nicholson File Co., Providence, R. 1 15
SCALES.
Fairbanks & Co., New York 1
SCRAP IKON.
Collins, H. E. & Co., Pittsburg, Pa 69
Wood & Leman, New York, N.Y 31
SCREW CUTTING MACHINES.
Plumb, Burdict & Barnard, Buff., N. Y. Front 18
SCREW JACKS.
Dudgeon, Richard, New York, N. Y 20
SCREWS, STEEL.
Cleveland Roll. Mill Co., Cleveland, O. Front 5
Plumb, Burdict & Barnard, Buff., N. Y. Front 18
SEALS (Car).
Brooks, E. J. & Co., New York, N. Y.. 42
Williams Tool Co., Cincinnati, O 52
SEAL HOLDERS.
Brooks, E. J. & Co., New York, N; Y 42
SEAMLESS TUBING.
Wallace & Sons, New York 78
SECOND-HAND MACHINERY.
Forsaith, S. C. & Co., Manchester, N. H 9
Place, Geo. & Co., New York Front 23
SEWER PIPE.
Leighion B'dge & I. W'ks (Lim.), Roch., N.Y. 25
Morris, Tasker & Co. (Lim.), Phila., Pa. 45
National Tube Works, Boston, Mass. . .Front 20
SHAFTING.
Albany & Rensselaer I. & S. Co., Troy, N. Y. 71
Baugh Steam Forge Co., Detroit, Mich 36
Lake Erie Iron Co.. Cleveland, O Ft ont 9
Na-hua Iron & Steel Co. , Nashua, N. H 30
Sellers, Wm. & Co., Philadelphia, Pa... Front 28
SHAFTING, FLEXIBLE.
Stow Flexible Shafting Co. (Lim.), Phil., Pa. 21
SIGNALS.
The Toucey & Buchanan Interlocking Switch
& Signal Co., Harrisburg, Pa 51
SPIKES, R. R.
Albany & Rensselaer I. & S. Co., Troy, N. Y. 71
Allentown Rolling Mill Co., Phila.. Pa 77
Ayer's, John V. Sons, Chicago, 111 17
Cleveland Iron Co., Cleveland, O 9
INDEX TO ADVERTISEMENTS.
55
PAGE
Cleveland Roll. Mill Co., Cleveland, O. Front 5
Collins, H. E. & Co., Pittsburg, Pa 59
Cox, Justice, Jr., & Co., Phil., Pa Front 14
Oxford Iron Co., New York, N. Y 13
Post & Co. (Tredegar), Cincinnati, 0 19
Union Iron Works Co., Cleveland, O 38
Winch, Corydon, Philadelphia, Pa 32
SPRINGS, CAR.
Cleveland Spring Co., Cleveland, 0 38
Culmer Spring Co., Pittsburg, Pa Front 58
Diamond State Car Spring Co., Wil'ton, Del. 18
French, A. & Co.Pittsb'g, Pa. op. inside F. cover.
Mercer Rubber Co., Trenton, N. J Front 19
Middleton, N. & A., Philadelphia, Pa 22
N. Y. B'g & P'k'g Co., N. York, N.Y. Op.p.lF.
SPRING COTTERS.
Whitman & Barnes MTg Co., Syr'e, N. Y. F. 15
STATION WATER COLUMN.
Morris, Tasker & Co. (Lim.), Phil., Pa 45
STEAM ENGINES.
Bnss F'dry & Machine Co.,F't Wayne.Ind.F. 44
Dickson Manufacturing Co., Scranton, Pa... 28
Forsaith, S. C. & Co.. Manchester, N. H 9
Harlan & Ho'.lingsworth Co., Wirgton, Del. 44
Manchester Loco. Works, Manchester, N. H. 46
Place, Geo., Mach. Ag'cy, New York, N.Y. F. 23
STEAM FITTINGS.
Morris, Tasker & Co. (Lim.), Phil., Pa 45
STEAM FITTERS' TOOLS.
Morris, Tasker & Co. (Lim.), Phil., Pa 45
STEAM FIRE ENGINES.
Manchester Loco. Works, Manchester, N. H. 46
STEAM GAUGES.
Buffalo Steam Gauge & L. Co., Roches., N.Y. 47
Post & Co., Cincinnati, O 19
STEAM HAMMERS.
Bement, Wilhnm B. & Son, Philadelphia, Pa. 3
Dudgeon, Richard, New York, N. Y 20
Forsaith, S. C. & Co., Manchester, N. H 9
Sellers, W. & Co., Phila., Pa Front 28
STEAM PACKING.
Asbestos Packing Co., Boston, Mass 46
Mercer Rubber Co.. Trenton, N. J Front 19
N.Y. Belt'g & Pack'g Co., New York,6ty>. p. l.F.
STEAM PIPE.
Leighton B'dge & I. W'ks (Lim.)Roch., N.Y. 25
Morris, Tasker & Co. (Lim.), Phil., Pa 45
National Tube Works, Boston, Mass..^ron< 20
STEAM PIPE & BOILER COVERING.
Asbestos Packing Co., Boston, Mass 46
STEAM PUMPS.
Forsaith, S. C. & Co. , Manchester, N. II 9
Place, Geo., Mach. Agency, New York....!?'. 23
STEEL.
Albany & Rensselaer I. & S. Co., Troy, N. Y. 71
Anderson & Passavant, Piltsburg, Pa 27
Cleveland Roll. Mill Co., Cleveland, O. Front 5
Hussey, Howe & Co., Pittsburg, Pa. F. Cover.
Jersey City Steel Works, Jersey City, N. J. F. 4
Midvale Steel Works. Philadelphia, Pa. Front 7
Nashua Iron & Steel Co., Nashua, N. H SO
PAGE
Naylor & Co., New York Front 11
Park, Brother & Co., Pittsburg, Pa F'tont 26
Pennsylvania Steel Co.. Philadelphia, Pa 23
Prosser, Thqs. & Son, New York 6
Singer, Niinick & Co., Pittsburg, Pa 5
Standard Steel Works, Phila., Pa Front 1
STEEL AXLES.
Standard Steel Works, Philadelphia, P&.Fr't 1
STEEL BARB FENCING.
Washburn & Moen M. Co., Worc'r, Mass...F. 2
STEEL CASTINGS.
Chester Steel Castings Co., Phila., Pa 65
STEEL FORCINGS.
Anderson & Passavant, Pittsburg, Pa 27
Cleveland Roll. Mill Co., Cleveland O. Front 5
Hu^sey, Howe & Co., Pittsburg, Pa. F. Cover.
Jersey City Steel Works, Jersey City, N.J. F. 4
Lake Erie Iron Co., Cleveland, O Front 9
Midvale Steel Works,Philadelphia, Pa. Fjvmt 7
ParK, Brother & Co., Pittsburg, Pa Front 26
Pennsylvania Steel Co , Philadelphia, Pa 23
Singer, Nimick & Co., Pittsburg, Pa 5
Standard Steel Works, Phil., Pa Front 1
Prosser, Thos. & Son, New York 6
STEEL R R. PLOW.
Furst & Bradley Manuf. Co., Chicago, 111 57
STEEL TIRED CAR WHEELS.
Lobdell Car Wheel Co., Wilmington, Del. 72, 73
Nashua Iron & Steel Co., Nashua, N. H 30
Taylor Iron Works, High Bridge, N.Y. Front 1
Prosser, Thos. & Son, New York 6
STEEL TIRES.
Cleveland Roll. Mill Co.. Cleveland, O.. Front 5
Midvale Steel Works, Philadelphia, Pa.Front 7
Nashua Iron & Steel Co., Nashua, N. H 30
Naylor & Co., New York Front 11
Prosser, Thos. & Son, New York 6
Standard Steel Works, Phil., Pa Front 1
STEEL WIRE.
Cleveland Roll. Mill Co., Cleveland, O. Front 5
The Hazard Manuf. Co., Wilkes-Barre, Pa F, 8
Washburn & Moen M. Co., W'ster, Mass. .F. 2
Haigh, J. L., New York 24
STEEL WIRE SNOW & TRACK BROOMS.
Isaacs, M. C. & Co., Chicago 111 Front 13
STONE CRUSHING MACHINES.
Blake Crusher Co., New Haven, Conn 70
STOVES.
Spear, James, Philadelphia, Pa Front 58
Winslow, A. P., Cleveland, O 54
STREET CAR TRIMMINGS.
Tillotson, L. G. & Co., New York 43
Post & Co., Cincinnati, O. 19
SUGAR MACHINERY.
Morris, Tasker & Co. (Lim.), Phil., Pa 45
SWEDISH IRON.
Naylor & Co., New York, N. Y Front 11
SWITCHES.
Bennet, E. R., New York 6l
Jackson Mannf g Co., H'irrisbnrg, Pa 5l
Lobdell C«r Wheel Co., Wilmington, Del. .72, 73
Pennsylvania Steel Co., Philadelphia, Pa.... 23
56
INDEX TO ADVERTISEMENTS.
PAGE
SWITCHES, " INTERLOCKING."
The Toucey & Buchanan Interlocking Switch
& Signal Co., Harrisburgh, Pa 51
SWITCH LOCKS.
Brooks, E. J. & Co., New York 42
Post & Co., Cincinnati, 0 19
Williams Tool Co., Cincinnati, O 52
SWITCH STAND.
Pennsylvania Steel Co., Philadelphia, Pa. ... 23
TANKS.
Burkhardt, Geo. J. & Co, Philadelphia, Pa... 7
TELEGRAPH SUPPLIES.
Tillotson & Co., New York, N. Y 43
Williams, Charles, Jr., Boston, Mass 40
TELEGRAPH WIRE, " GALVANIZED."
Washburn & Moen Mfg. Co., Wor., Mass. JP. 2
TELEPHONE WIRE, " GALVANIZED."
Washburn & Moen Mfg. Co., Wor., Mass..^. 2
TIN.
Post & Co., Cincinnati, O 19
TIRES.
Cleveland Rolling Mill Co., Clevel'd, O. Front 5
Midvale Steel Works, Phila.. Pa Front 7
Nashua Iron & Steel Co., Nashua, N. H 30
Naylor & Co., New York, N. Y Front 11
Prosser, Thos., & Son, New York 6
Standard Steel Works, Philadelphia, Pa. . . F. 1
TOWER CLOCKS.
Howard, E. & Co., Boston, Mass Front 5?
TRACK BOLT HEADERS.
Forsaith, S. C. & Co., Manchester, N. H 9
Plumb, Burdict & Barnard, Buffalo, N. Y. . F. 18
TRACK DRILLS.
Williams Tool Co., Cine nnati, 0 52
TRACK JACKS.
Dudgeon, R., New York .. 20
Post & Co., Cincinnati, O 9
TRACK SCALES.
Fairbanks & Co., New York 1
TRACK TOOLS.
Metcalf, Paul & Co., Pittsburg, Pa 12
TUBE EXPANDERS.
Dudgeon, Richard, New York, N. Y 20
TUBES.
Leighton B'dge & I. W'ks (Lim.), Roch., N.Y. 25
Morris, Taske'r & Co. (Limited), Phila., Pa.. 45
National Tube Works, Boston, M.ass... Front 20
Wallace & Sons, New York 78
TURNTABLES.
Allentown Rolling Mill Co., Phila., Pa 77
American Bridge Co., Chicago, 111 79
Fulton Foundry Co., Cleveland, O 65
Kellogg & Maurice, Athens, Pa 16
Kellogg Bridge Co., Buffalo, N. Y Front 46
Keystone Bndge Co.. Pittsburg, Pa,.... Fro/it 12
Leighton B'dge & I. W'ks (Lim.), Roch., N.Y. 25
Niagara Bridge Works, Buffalo. N. Y 27
Phoenixville Bridge Co, Philadelphia, Pa 11
Sellers, Win. & Co., Philadelphia, Pa. . Front 28
VACUUM BRAKE.
Eames Vacuum Brake Co., N. Y..; 6
Westinghouse Air-B. Co., Pittsb'g, Pa. Front 3
VALVES.
Ludlow Valve Mfg. Co., Troy,N. Y.... Front 12
VALVE SEAT PLANING MACH'S (Portable).
Flanders, L. B., Philadelphia, Pa 18
PAGE
VARNISH.
Chicago Varnish Co., Chicago, 111 Front 7
Reed, C. C. & Co., New York 15
Valentine & Co., New York, N. Y 1
WASHERS.
Ayer's, John V. Sons, Chicago, 111. 17
Bourne & Knowles, Cleveland, O 38
Cleveland RolPg Mill Co., Clevel'd, O.. Front 5
Lake Erie Iron Co. , Cleveland, O Front 9
WASTE, COTTON AND WOOLEN.
Schofleld, J., Philadelphia, Pa 17
WATCH CLOCKS.
Howard, E. & Co., Boston, Mass Front 57
WATCHES.
Howard, E. & Co.. Boston, Mass Front 57
WATCHMAN'S TIME DETECTOR.
Howard, E. & Co., Boston, Mass Front 57
WATER COLUMNS.
Morris, Tasker & Co. (Limited), Phila., Pa... 45
WATER GAUGE WASHERS.
Mercer Rubber Co., Trenton, N. J Front 19
WATER PIPE.
Leighton B'dge & I. W'ks (Lim.), Roch., N.Y. 25
Morris, Tasker & Co. (Limited), Phila., Pa... 45
National Tube Works, Boston, M.&SS.. Front 20
WATER TANKS (R. R.)
Burkhardt, George J., & Co., Phila., Pa 7
WHITE LEAD.
Jewett, John & Sons, New York, N. Y. Front 57
WIRE.
Cleveland R. Mill Co, Cleveland, O. . . .Front 5
Haigh, J. L., New York 24
The Hazard Mfg Co., Wilkes-Barre, Pa.Front 8
Wallace & Sons, New York, N. Y 78
Washburn & Moen Mfg. Co., Wor., Mass... F. 2
WIRE CLOTH.
Cleveland R. Mill Co., Cleveland, O. ..Front 5
Wallace & Sons, New York 78
WIRE (Iron and Steel).
Washburn & Moen Mfg. Co. , Wor. , Mass. . F. 2
WIRE ROPE.
Haigh. J. L., New York 24
The Haznrd Mfg. Co., Wilkes-Barre, Pa.Front 8
Washburn & Moen Mfg. Co., Wor., ~M.ass...F. 2
WIRE TRACK BROOMS.
Isaacs, M. C. & Co., Chicago, 111 Front 13
WOOD WORKING MACHINERY.
Fay, J. A. & Co., Cincinnati, O Front 23
Forsaith, S. C. & Co., Manchester. N. H 9
Place,G.,Mach.Ag'cy, New York, N.Y. Front 23
WOOLEN WASTE.
Schofield, J., Philadelphia, Pa 17
WRECKING DERRICKS.
Brooks Locomotive Works, Dunkirk, N.Y.... 69
Fulton Foundry Co. , Cleveland, O 65
WRENCHES.
Wallace & Sons. New York, N. Y 78
Williams Tool Co , Cincinnati, O 52
WROUGHT IRON COLUMNS, ETC.
American Brid-re Co., Chicago, 111 79
Kellogg Bridge Co., Buffalo. N. Y Front 46
Keystone Bridge Co., Pittsburg, Pa Front 12
Leighton B'dge £ I.W'ks (Lim.), Roch., N.Y. 25
PassHic Rolling Mill Co., Paterson, N. J 4
Phoenix Iron Co., Philadelphia, Pa 10
57
Marnfaciurers of
TOWER CLOCKS
FOB
RAILROAD STATIONS.
Astronomical (locks for Standard Time.
Small Clocks for Eailroad Stations, Eight-Day Oar and Locomo-
tive Clocks, Watchman's Clocks for Depot Watchmen,
Also especial attention paid to the manufacture of
WA.TOHES FOrt RAILROAD USE.
We take pleasure in stating that \ve are the oldest Louse in the country for the
manufacture of fine Watches and Clocks, having had over thirty years' experience
in each.
E. HOWARD & CO., Proprietors.
OFFICES.
114 Tremont Street, BOSTON. 692 Broadway, cor. 4th St., NEW YORK,
JOHN JEWETT & SONS,
— AND —
NEW YORK.
58
Spear's Railway Car Heater and Ventilator.
THE MOST PERFECT CAR HEATER AND VENTI-
LATOR EVER INTRODUCED IN
RAILWAY CARS.
All persons who have traveled in Rail-
way Cars, know from experience how
uncomfortably hot the seats are near the
stove, and how often they are obliged to
raise the windows to be relieved, to the
annoyance of passengers at a distance
from the stove, who are suffering from
the cold; and also how ILL- VENTI-
LATED most of the railway cars are, on
account of the air in the car coming in con-
tact with the heated plates of the stove.
We claim for our Stove the following
advantages over any other in use for
Kailway Cars :
FIRST. — An equal quantity of hot air
is distributed throughout the entire car.
SECOND. — Persons sitting near the
Stove are not hotter than those at a dis-
tance, and are not obliged to open the
windows to the annoyance of others.
THIRD. — All the impure air is driven
out at the top of the Car.
FOTTOTH. — The air in the Car neyer
comes in contact with the heated surface
of the Stove, as all the air that is heated
is brought fresh from the outside of the
Car— thus heating and ventilating the
Car at the same time.
FIFTH. — There is no danger of acci-
dents from passengers' clothing taking
fire by coming in contact with the Stove.
SIXTH. — In numerous cases where Cars
containing this Stove have been over-
turned, it has never been known to set
fire to the Car, or even to be moved out
of its place.
Anti-Clinker Car Heater and Ven-
tilator, for
Anthracite or Bituminous Coal.
Send for Circular, with full description,
and prices of coal or wood burning
heaters and ventilators, for passenger,
sleeping or cabin cars.
JAMES SPEAR, 1014 & 1O16 Market Street, Philadelphia
" Argus" Anti-Clinker,
for
Offices, Stations, or Depots.
MANUFACTURERS OF
RAILWAY CAR SPRING
Spiral Buffer, Freight Bolster, Journal and Banalizing Bar Springs,
SPIRAL SPRINGS OF ALL DESCRIPTIONS A SPECIALTY.
Office and Works, cor, 26th and Liberty Sts.,
HENRY A. BREED, General Manager and Treasurer.
ALPHABETICAL INDEX TO ADVERTISEMENTS;
The advertisements will be found at the BACK of the book or in the FRONT. In both places they have a
special paging. Unless otherwise stated the paging refers to the back of the book.
PAGE.
Albany and Rensselaer Iron and Steel Co Troy, N. Y. 71
Allentown Rolling Mill Co Allentown, Pa. 77
American Bridge Co Chicago, 111. 79
Anderson & Passavant (Pittsburg Steel Works) Pittsburg, Pa. 27
Andrews, A. H. & Co Chicago, 111. 77
Asbestos Packing Co Boston, Mass. 46
Atkins Bros. (Pottsville Rolling Mills) Pottsville, Pa. Front 19
Ayer's, J. V. Sons Chicago, 111, 17
Baily, W. H. & Co. (National Locomotive Works) Connellsville, Pa. 16
Baker, S. T. & Co New York, N. Y. 25
Baldwin Locomotive Works Philadelphia, Pa. Front 27
Baltimore Bridge Co Baltimore, Md. Front 7
Bankers' Almanac and Magazine New York, N. Y. 62
Barney & Smith MauufacFuring Co Dayton, Ohio. 14
Barringer, Lewin W Philadelphia, Pa. Front 16
Bass Foundry and Machine Co Fort Wayne, Ind. Front 44
Bass, J. H Chicago, 111. Front 45
Baugh Steam Forge Co Detroit, Mich. 36
Bement, Win. B. & Son Philadelphia, Pa. 3
Bennet, E. R New York, N. Y. 61
Berwick Rolling Mill Co Berwick, Pa. 60
Bethlehem Iron Co Bethlehem, Pa. 61
Blake Stone Crusher Co New Haven, Conn. 70
Bowler, Maher & Braytou (Cleveland Foundry) Cleveland, Ohio. 54
Bourne & Knowles Cleveland, Ohio. 38
Borden & Lovell New York, N. Y. Front 10
Brill, J. G. (Philadelphia Car Works) Philadelphia, Pa. 7
Brooks & Co., E. J New York, N. Y. 42
Brooks Locomotive Works Dunkirk, N. Y. 69
Buffalo Steam Gauge and Lantern Co., The Rochester, N. Y. 47
Burkhardt, Geo. J. & Co .Philadelphia, Pa. 7
Burnham, Parry, Williams & Co. ... «. Philadelphia, Pa. Front 27
Cambria Iron and Steel Works, The Philadelphia, Pa. 63
Cayuta Wheel and Foundry Co Waverly, N. Y. 75
Chester Steel Casting Co Philadelphia, Pa. 65
Cheever, J. H. (N. Y. Belting and Packing Co.) New York, N. Y. Op. p. 1 F.
Chicago Varnish Co Chicago, III. Front 6
Clarke, Reeves & Co. (Phoenixville Bridge Works) Philadelphia, Pa. 11
Cleveland Iron Co Cleveland, Ohio. 9
Cleveland Foundry (Bowler, Maher & Bray ton) Cleveland, Ohio. 54
Cleveland Rolling Mill Co Cleveland, Ohio. Front 5
Cleveland Spring Co Cleveland, Ohio. 38
Collins, H. E. & Co , Pittsburg, Pa. 59
Continuous Draw Bar Co., The Cincinnati, O. 58
Cox, Justice, Jr. & Co Philadelphia, Pa. Front 14
Culiner Spring Co , .Pittsburg, Pa. Front 58
Danforth Locomotive and Machine Co., The Paterson, N. J. 47
Davenport, Fairbairn & Co ; .Erie, Pa. 76
Dayton Car Works (Barney & Smith Manufacturing Co.). . . .Dayton, Ohio. 14
60
INDEX TO ADVERTISEMENTS.
Delaware Car Works (Jackson & Sharp Co.) Wilmington, Del.
Detroit Car Wheel Co Detroit, Mich. 87
Diamond State Car Spring Co. (J. P. Hayes) Wilmington, Del. 18
Dickson Manufacturing Co Scranton, Pa. 28
Drexel & Co i Philadelphia, Pa. Front 26
Dudgeon, Richard New York, N. Y. 20
Edge Moor Iron Co Wilmington, Del. Front 6
Elliot. H. & H E. St. Louis, 111. 56
Erie Car Works (Limited) ...Erie, Pa. 76
Fairbanks and Co New York, N. Y. 1
Fay, J. A. & Co Cincinnati, O. Front 23
Fisher Rail Joint Works, The Trenton, N. J. 34
Flanders, L. B Philadelphia, Pa. 18
Forsaith, S. C. & Co Manchester, N. H. 9
Fort Wayne Machine and Car Wheel Works Fort Wayne, Ind. Front 44
French, A. & Co. (Pittsburg Cast Steel Spring Works) Pittsburg, P&.Qp.F.Cov.
Fulton Foundry Co Cleveland, Ohio. 65
Furst & Bradley Manufacturing Co Chicago, 111 57
Grant Locomotive Works, The
Griffin Car Wheel Co Detroit, Mich. • 21
Haigh, J. Lloyd New York, N. Y. 24
Harlan & Hollingsworth Co., The Wilmington, Del. 44
Harrisburg Car Manufacturing Co., The Harrisburg, Pa.
Hayes, James P. (Diamond State Spring Works) Wilmington, Del. 18
Hazard Manufacturing Co., The Wilkes-Barre. Pa. Front 8
Hopkins, D. A New York, N. Y.F. 24&25
Howard, E. & Co. (Howard Watch and Clock Co.) Boston, Mass. Front 57
Howard Iron Works Buffalo, N. Y. 57
Hussey, Howe & Co Pittsburg, Pa.
Inside Front Cover
Industrial Works (Bement, Wm. B. & Son) Philadelphia, Pa. 3
Iron Clad Paint Co Cleveland, Ohio. 64
Isaacs, M. C. & Co. (Phrenix Wire Broom and Brush Works). ..Chicago, 111. Front 13
Jackson & Sharp Co. (Delaware Car Works) Wilmington, Del. 2
Jackson & Woodin Manufacturing Co., The Berwick, Pa. 60
Jackson Manufacturing Co Harrisburgh, Pa. 51
Jersey City Steel Works (J. R. Thompson & Co.) Jersey City, N. J. Front 4
Jewett, John & Sons New York, N.Y. Front 57
Jones, J. M. & Co '. West Troy, N Y. 59
Kansas Rolling Mill Co. Kansas City, Mo. 53
Kellogg & Maurice Athens, Pa. 16
Kellogg Bridge Co Buffalo, N. Y. Front 46
Kennedy, J. S. & Co New York, N. Y. Front 22
Keystone Bridge Co Pittsburg, Pa. Front 12
Krupp, Fried (Thos. Prosser & Son) New York, N. Y. 6
Lake Erie Iron Co Cleveland, Ohio. Front 9
Leigh ton Bridge and Iron Works Co. (Limited) Rochester, N.Y. 25
Linville, J. H. (Keystone Bridge Co.) '. Philadelphia. Front 12
Lobdell Car Wheel Co Wilmington, Del. 72 and 73
Lord, Geo. W. . Philadelphia, Pa,
Louisville Car Wheel and R. W. Supply Co Louisville, Ky.
Loughridge, Wm. . . Baltimore, Md. 39
Ludlow Valve Co Troy, N. Y. Front W
Manchester Locomotive Works Manchester, N. H. 46
Marvel, Wm. D New York, N. Y. Front 4
Mercer Rubber Co. . , Trenton, N. J. Front 19
INDEX TO ADVEKTISEMENTS. 61
Metcalf, Paul & Co. (Verona Tool Works) Pittsburg, Pa. la
Michigan Car Co Detroit, "Mich. 37
Middleton, Allen Philadelphia, Pa. 58
Middleton, N. & A. & Co Philadelphia, Pa. 22
Mid vale Steel Works Philadelphia, Pa. Front 7
Missouri Car and Foundry Co St. Louis, Mo. 86
Moore, Joseph A Indianapolis, Ind. Front 64
Morris, Tasker & Co. (Limited) (Pascal Iron Works) Philadelphia, Pa. 45
Nashua Iron and Steel Co Nashua, N. H. 30
National Locomotive Works (W. H. Baily & Co.) Connellsville, Pa. 16
National Tube Works Boston, Mass., and McKeesport, Pa. Front 20
Naylor & Co New York, N. Y. Front 11
New York Belting and Packing Co. (J. H. Cheever) New York, N. Y. F. opp.pl
New York Safe Deposit Co New York, N. Y. Front 63
Niagara Bridge Works Buffalo, N. Y. 27
Nicholson File Co Providence, R. I. 15
Nicolls, Wm. J New York, N. Y. 40
North Chicago Rolling Mill Co Chicago, 111. 26
Oxford Iron Co. (James S. Scranton, Agt.) New York, N. Y. 13
Park, Bro. & Co. (Black Diamond Steel Works) Pittsburg, Pa. Front 26
Parshall, C. H Detroit, Mich. 50
Pascal Iron Works (Morris, Tasker &.Co., Limited) Philadelphia, Pa. 45
Passaic Rolling Mill Co Pateraon, N. J. 4
Pennsylvania Steel Co Philadelphia, Pa. 23
Philadelphia Car Works (J. G. Brill & Co.) Philadelphia, Pa. 7
Phoenix Iron Co. (S. J. Reeves) Philadelphia. 10
Phcenixville Bridge Works (Clarke, Reeves & Co.) Philadelphia. 11
Phoenix Wire Broom and Brush Works (M. C. Isaacs & Co.). . .Chicago, 111. Front 13
Pittsburg Cast Steel Spring Works (A. French & Co.) Pittsburg, Pa Op.F.cov.
Pittsburg Forge and Iron Co Pittsburg, Pa. 4
Pittsburg Locomotive and Car Works Pittsburg, Pa. 8
Pittsburg Steel Works (Anderson & Passavant) Pittsburg, Pa. 27
Place, George, Machinery Agency. New York, N. Y. Front 23
Plumb, Burdict & Barnard Buffalo, N. Y. Front 18
Portland Company Portland, Me. 32
Post & Co Cincinnati, O. 19
Pottsville Rolling Mills (Atkins Bros.) Pottsville, Pa. Front 19
Prosser. Thomas & Son .New York, N. Y. 6
Railroad Gazette, The New York. 49
Ramapo Wheel & Foundry Co Ramapo, N. Y. 74
Ramsey, R. H Philadelphia, Pa. 33
Rand, Avery & Co Boston, Mass. 48
Raynor, Samuel & Co New York, N. Y. 52
Reed, C. C. & Co New York, N. Y. 15
Reeves, S. J. (Phoenix Iron Co; Philadelphia, Pa. 10
Rochester Car Wheel Works Rochester, N. Y. 6
Rogers Locomotive and Machine Works: Paterson, N. J. 29
Royal Insurance Co New York, N. Y. ' 78
Rue Manufacturing Co Philadelphia, Pa. 5
Safe Deposit Co. of New York New York, N. Y. Front 63
Safford, J. B , Buffalo, N. Y. 56
Saint Louis Car Wheel Co St. Louis, Mo. Front 45
Sargent, Geo. M. & Co Chicago, 111. 35
Satterlee, Bostwick & Martin New York, N. Y. Front 8
Scientific Publishing Co New York, N. Y. Front 17
Schenectady Locomotive Works Schenectady, N. Y. 41
62
INDEX TO ADVERTISEMENTS.
Schofield, Joseph Philadelphia, Pa. 17
Scranton, J. S. (Oxford Iron Co.) New York, N. Y. 13
Sellers, William & Co Philadelphia, Pa. Front 28
Singer, Nimick & Co Pittsburg, Pa.
Spear, James Philadelphia, Pa. Front 58
Springfield Iron Co Springfield, 111. Front 14
Standard Steel Works, The Philadelphia, Pa. Front 1
Stephenson, John, Co. (Limited) New York, N. Y. Front 16
Stow Flexible Shaft Co. (Limited, The) Philadelphia, Pa. 21
Taylor Iron Works High Bridge, N. J. Front 1
The Buffalo Steam Gauge and Lantern Co Rochester, N. Y.
The Dan forth Locomotive Machine Co Paterson, N. J. 47
The Fisher Rail Joint Works Trenton, N. J. 34
The Harlan & Hollingsworth Co Wilmington, Del. 44
The Hazard Manufacturing Co Wilkes-Barre, Pa. Front 8
The Jackson and Woodin Manufacturing Co Berwick, Pa. 60
The Standard Steel Works Philadelphia, Pa. Front 1
The Stow Flexible Shaft Co. (Limited) Philadelphia, Pa. 21
The Westinghouse Air-Brake Co Pittsburg, Pa. Front 3
The Whitman & Barnes Manufacturing Co Syracuse, N. Y. Front 15
Thomas, May & Co Indianapolis, Ind. 12
Thompson, James R. & Co. (Jersey City Steel Works) Jersey City, N. J. Front 4
Tiffany, Summer & Winter Car Co Chicago, 111. 19
Tillotson, L. G. & Co New York, N. Y. 43
Toucey & Buchanan Interlocking Switch Co Harrisburg, Pa. 51
Travelers' Insurance Co Hartford, Conn. Front 22
Travelers' Official Railway Guide Philadelphia, Pa. 66
Union Iron Works Co Cleveland, O.
Union Rolling Mill Co Chicago, 111. 55
!United States Rolling Stock Co New York, N. Y. 67
Valentine & Co New York, N. Y. 1
Verona Tool Works (Metcalf, Paul & Co.) Pittsburg, Pa. 12
Wallace & Sons New York, N. Y. 78
Washburn & Moen Manufacturing Co Worcester, Mass. Front 2
Wason Car & Foundry Co Chattanooga, Tenn. 24
Wason Manufacturing Co Springfield, Mass. 68
Westinghouse Air-Brake Co., The Pittsburg, Pa. Front 3
Whitman & Barnes Manufacturing Co., The Syracuse, N. Y. Front 15
Williams, Charles, Jr Boston, Mass. 40
Williams Tool Co Cincinnati, O. 52
Wilson Brothers & Co Philadelphia, Pa. 50
Wilson, R. T. & Co New York, N. Y. Front 3
Winch, Corydon Philadelphia, Pa. 32
Winchell, Geo. D Cincinnati, O. Front 21
Winslow, A. P. & Co Cleveland, O. 54
Wood & Leman New York, N. Y. 31
63
CHARTERED 1861.
140, 142, and 146 BROADWAY, cor. LIBERTY ST.
FRANCIS H. JENKS, President.
The building1 absolutely fireproof ; entirely of brick. The brick walls of its two
fronts overlaid with
"WHITE MA-TrBH/E.
No wood used in its construction. TJie first estfiblisJied iti the world for the safe
keeping of Valuables, Bonds, Stocks, Plate, Jewelry, Wills, Valuable Papers, etc. (at
$1 a year for $1,000 of Bonds), and the renting of Safes (at from $15 to $200 a year,
or for any short time at Special Rates — renter exclusively holding the key), in its
Burglar-Proof Vaults, guarded day and night by armed men.
Circulars at office or mailed to any address. The public are invited to visit the
premises without reference to business.
§W Deposits from a distance can be made through responsible Express Compa-
nies.
Coupons and interest collected, if so ordered, and remitted by mail. Silver Plate,
etc., sent for on request. For Ladies, Private Rooms, with every convenience, sepa-
rate desks, etc., are provided.
trW° At the Company's special request, its Charter confines its business solely to
the Safe Keeping of Valuables, and imposes a personal liability upon the Stock-
holders to an amount equal and additional to the stock held.
64
JOS. A. MOORE,
84 E. Market St., Indianapolis, Ind.
k,
i &J\Jil.WJtJl
NEGOTIATED ON COMMISSION.
PROMPT AND CAREFUL ATTENTION GIVEN TO
I1BOAB ilGWlff IIS.
a -Ao.-JfcJifJLxVi ^^ j/yjL-.f-l^y |K./rJ^i ^y kJj riJLiV,..itl, fjli, ,JL,,iLa. Itot^
All business connected witli the building and equipment of
NEW RAILROADS, SALES OF BONDS, &c.,
WILL BE UNDEHTAKEN AT MODERATE CHARGES.
Double Desk Closed. Double Desk open, front view. Double Desk open, rear view.
The DOUBLE DESK combines the SITTING and STANDING DESK in one,
and furnishes the most complete and desirable OFFICE DESK
in existence.
JUST THE THING FOR
RAILROAD OFFICES, BANKS, INSURANCE OFFICES,
Lawyers, Editors and Professional men generally,
CONYEMT, DESIRABLE, SUBSTANTIAL, DURABLE AED HAHDSOME.
SEND FOR ILLUSTRATED CATALOGUE.
JOS. A. MOORE,
Single Desk Open. 84 E. Market St., Indianapolis, Ind.
THE MANUAL OF THE RAILROADS OF THE UNITED STATES for 1878 is the
Eleventh Annual Number. It contains some new features which will add much to
its usefulness. For the first time, are the railroads of each State grouped together,
the order of the States being that usually observed. The statements for the rail-
roads of each are preceded by tables, giving the names of the roads with the mile-
age within each, as well as the total mileage of each road. Every year adds to the
fullness and value of the reports made by the several companies. By way of Appen-
dix, a complete list is given of the titles of roads which have been abandoned or
merged in other lines.
The depression of the three previous years still continues. Not only has there
been a considerable decline in the construction of railroads, but the earnings also
show a larger relative decrease than at any period since the first publication of the
MANUAL. The number of miles of railroad opened during the year 1877 was 2,177,
against 2,657 for 1876, 1,758 miles for 1875, and 2,305 miles for 1874. The largest
number of miles built has been in New York and Pennsylvania, and in narrow-gauge
lines in Ohio, Iowa and Texas. No new lines of any considerable magnitude have been
undertaken. The tables which follow will show in what sections there has been
any considerable increase.
The gross earnings of all the roads whose operations have been reported, have
equalled $473,909,272 against $497,257,959 for 1876 and $503,065,505 for 1875. The
general result of the operations of our railroads for the last seven years is shown
in the following statement :
Statement showing Miles of Railroad, Capital Account, Earnings, etc., for seven years.
Earnings
Year.
Miles
Oper-
ated.
Capital arid
Funded Debt.
Dividends
Paid.
From
From
Gross.
JNet.
Freight.
Passengers.
1877.
74,112
$4,568.597,248
$472,909.272
$170,976,697
$342.859.222
$130,0."0,050
$58,556,312
1876.
73,508
4,468,591,935
497,257.959
186,452,752
361,137,376
136,120,583
68,039,668
1875.
71,759
4,415,631.630
503,065.505
185,506,438
363.960,234
139,105.271
74,294,208
1874.
69,273
4,221,763,594
5-20,466,016
189,570.958
379,466,935
140,999,081
67,042.942
1873
66,237
^,784.543,034
526,419.935
183,810,562
389 035,508
137,384,427
67,120,709
1872.
57,323
3,159.423,057
46?, 241, 055
165,754,373
340,931,785
132,309,270
64,418,157
1871.
44,614
2,664,627,645
403,329,208
141,746,404
294,430,322
108^98,886
56,456,681
It will be seen by the above that the gross earnings have fallen off $24,348,687,
and the net earnings $15,476,055, as compared with 1876.
The ratio of net to gross earnings was 36.16 per cent., as against 37.5 per cent,
for 1876, equal to an increase of 1.36 per cent, in the operating expenses, as compared
with the preceding year. The decrease in earnings from freight has amounted to
$18,278,154 ; and in passenger traffic, $6,070,533 ; the per centages of decrease being
respectively 9.5 and 9.7 per cent. The dividends have fallen off $9,433,356 ; and are
less than for any year since 1871. . The total amount of capital stock on which divi-
dends were actually paid was $835,038.896, giving an average rate of 7 per cent. No
dividends were paid on any of the railroads in the States of Arkansas, Colorado,
Florida, Kansas, Louisiana, Mississippi, Missouri, Nebraska, Oregon, Texas, and Ver-
mont— nor excepting on leased lines in Iowa and Minnesota.
ii EAILKOAD MANUAL OF THE UNITED STATES.
The summary of earnings, expenses, etc., given in tlie tables which follow
shows that the decrease of business has extended over all parts of the country, and
to what extent. The reduction in the rates of transportation, noted in 1876, has
continued through 1877, as an examination of the statements of all the leading rail-
roads throughout the country will show.
Classifying the States by their geographical position as usual, it will be seen
that the gross earnings for the New England States were $44,590,465, against $45,-
760.993 for 1876, $48,328,922 for 1875, $50,064,774 for 1874, and $51,676,688 for 1873.
Of these earnings $24,524,756 were received for transportation of freight, mails, etc.,
and $20,065,709 for the transportation of passengers. The net earnings were $13,-
735,746 against $15,379,072 for 1876, $15,324,654 for 1875, and $16,713,183 for 1874.
The dividends paid amounted to $6,977,726 against $7,607,973 for 1876, $8,788,040
for 1875, and $8,511,971 for 1874.
The gross earnings of the railroads in the Middle States were $155,943,121
against $177,613,407 for 1876, $175,677,418 for 1875, $186,498,438 for 1874, and $194,-
052,302 for 1873. Of gross earnings $116,687,341 were received for transportation of
freight, mails, etc., and $39^255,780 for transportation of passengers. The net earn-
ings were $61,033,089 against $69,382,517 for 1876, $65,609,418 for 1875, and $70,-
188,972 for 1874. The dividends paid amounted to $24,890,480 against $33,690,111
for 1876, $39,357,196 for 1875, and $37,600,154 for 1874.
The gross earnings of the railroads in the Southern States were $39,812,358
against $50,743,648 for 1876, $50,399,227 for 1875, $52,259,241 for 1874, and $53,696,-
409 for 1873. Of the earnings, $29,859,268 were received for the transportation of
freight, and $9,953,090 for that of passengers. The net earnings were $12,664,346
against $17,119,031 for 1876, $16,741,060 for 1875, and $17,269,332 for 1874. The
dividends paid amounted to $2,740,793 against $1,860,351 for 1876, $1,496,906 for
1875, and $1,068,455 for 1874.
The railroads in the States of Arkansas and Texas are this year grouped with
those of the Western States, thus causing a greater apparent than real decrease in the
earnings in the Southern States. Including these States, the gross earnings would be
$48,966,376, and the net earnings $18,211,327.
The gross earnings of the railroads in the Western States were $193,204,516
against $186,242,832 for 1876, $206,217,654 for 1875, $214,869,477 for 1874, and $211,-
717,781 for 1873. Of these $148,767,477 were received for transportation of freight,
mails, etc., and $44,437,039 for passengers. The net earnings were $66,085,243 against
$63,912,968 for 1876, $75,604,104 for 1875, and $75,546,695 for 1874. The dividends
paid amounted to $14,556,462 against $17,394,532 for 1876, $19,230,511 for 1875, and
$16,605,832 for 1874. Prior to the present year, the operations of the railroads in
Arkansas and Texas were aggregated with those of the Southern States. Making the
necessary deduction for those States, the gross earnings for 1877 would be $184,050,-
498, and net earnings $62,478,200.
The gross earnings of the railroads in the Pacific States were $7,766,922 against
$5,864,316 for 1876, $22,442,234 for 1875, $16,774,086 in 1874, and $15,276,747 for
1873. Of the gross earnings $2,330,079 were received for the transportation of passen-
gers, and $5,436,845 for the transportation of freight. The net earnings were $2,655,-
137. The dividends paid were $240,099.
The earnings and expenses of the Central Pacific Railroad were included among
those of the Pacific States in 1875, and the preceding years, which explains the ap-
parent decline in earnings.
RAILROAD MANUAL OP THE UNITED STATES.
Ill
On the Pacific Railroads, the earnings aggregated $32,170,082, of which $9,163,-
627 were derived from passengers, and $23,006,455 from transportation of freight,
mails, etc. The net earnings were $15,053,582, and the dividends $7,281,640.
The earnings of the Union Pacific Railroad are included among those of the West-
ern States for the year 1875 and the preceding years. For 1877, the earnings, etc.,
of the railroads of Arkansas and Texas are included among those of the Western
States ; prior to that, they were grouped with the Southern States.
It will be seen that the principal decrease in earnings has been in the Middle
States, due partly to the depressed condition of the coal trade, and partly to the fall-
ing off in passenger earnings as compared with 1876, the Centennial year.
The elaborate tables heretofore printed in the MANUAL are omitted this year ;
but the final results, the only important feature, are given in full detail. There is
added a table reducing these results to the unit of 100. From this it will be seen
that for each 100 miles of railroad in the United States there are 22.8 miles of second
track, sidings, etc. ; 20.1 locomotives; 15.2 passenger cars; 4.7 baggage, mail and
express cars ; and 495.3 freight cars of all kinds.
The capital stock aggregates, $2,921,507 for each 100 miles ; the funded debt,
$2,848,308 ; the floating debt $300,078; and the total cost of construction and equip-
ment, $6,060,893 ; — equal about to $60,699 per mile of completed road.
The gross earnings per mile were, $6,380.94 ; operating expenses (63.85 per
cent.), $4,074; net earnings, $2,306.94. Interest paid on bonds per mile of road,
$1,248.04; dividends paid on stock, do., $739.52. The ratio of interest paid to total
funded debt was 4.39 per cent.; of dividends to aggregate capital stock, 2.53 per
cent. In 1871, with only two-thirds as many miles of railroad in operation, and a little
more than one half the capital stock, the dividends aggregated $56,456,681 equaling
4.19 per cent, of the capital then invested.
Table showing the Mileage, Gross and Net Earnings, Freight and Passenger Earnings,
and Dividends of the Eailroads of the United States for five years, 1873-1877,
arranged by geographical divisions :
1877.
1876.
1875.
1874.
1873.
NEW ENGLAND.
Miles of Railroad ....
6039
5783
5 732
5 617
5 303
Earnings from Passengers
$
20,065,709
$
20,516,215
$
21,776,893
$
22.111,787
$
22,358,645
" Freight, etc
24,524,756
25,244,778
26,552 029
27 952,987
29,310,043
" all Sources
Net Earnings
44,590,465
13,735,746
45,760,993
15,379,072
48,328,922
15,324 654
50,064,774
16 713,183
51,676,688
15,061,777
Dividends
6,977,726
7,607,973
8,788,040
8,511,971
9,004,488
MIDDLE STATES.
Miles of Railroad
13,607
13,647
13,173
12,874
12,441
Earnings from Passengers
$
39,255,780
•
47,483,865
$
40,772,967
$
41,699,871
$
42,355,230
" Freight, etc
116,687,341
130,129 542
134 904 451
144,798,567
151,697,072
" all Sources
155,943,121
177.613,407
175,677,418
186,498,438
194,052,302
Net Earnings
61.033,089
69,382,517
65,609,418
90,188,972
69,280,585
Dividends , . . .
24.890,480
33,690,111
39,357,196
37,600,154
36,531,343
SOUTHERN STATES.
Miles of Railroad
11 272
13948
13,522
13,505
13,908
Earnings from Passengers
" Freight, etc
$
9,953,090
29,859,268
$
11,877,901
38,865,747
i
13,864,915
36.534,312
$
14,131,291
38,127,950
9
15,310,989
38,3ar),420
" all Sources
39,812,358
50,743,648
50,399,227
52,259,241
53,696,409
Net Earnings
12,664,346
17,119,031
16,741,060
17,269,332
18,133,349
Dividends
2 740 793
1 860 351
1 496 906
1 0(58 455
901,396
IV
KAILKOAD MANUAL OF THE UNITED STATES.
1877.
1876.
1875.
1874.
1873.
WESTERN AND S. W. STATES.
Miles of Railroad
39.136
36,753
86,058
35,639
32,973
Earnings from Passengers .
$
44,437.039
8
43,362,211
$
54 993 084
$
56 783,466
$
51 ,620,779
" " Freight, etc
148,767.477
14-2,880,621
151 224 570
158,086,011
160,097,002
" " all Sources
193,204,516
186,242,832
206,217 654
214,869,477
211,717,781
Net Earnings
66,085,243
63,912,968
75,604,104
75,546.695
72,464.212
Dividends ,
14,556,462
17,394,532
19,230,511
16,605,832
19,055,247
PACIFIC STATES.
Miles of Railroad
1,896
1,126
1,023
417
390
Earnings f rom*Passongers ...
$
2,330,079
$
1,727,911
$
1.843.207
$
1.223,24H
*
1,175,193
" " Freight, etc
5,466,845
4,136,405
3,737.239
1,316,124
1,237.603
" all Sources
7,766,922
5,864,316
5,580,446
2,539,372
2,412,796
Net Earnings
2.655,137
2,331,325
2,687,069
1,395,790
1,263,097
Dividends . .
240,099
187,701
PACIFIC RAILROADS.
Miles of Railroad
2,251
2,251
2,251
2,251
2,251
Earnings from Passengers
$
9,163,627
1
10,216,424
$
10,243,956
$
9,002,276
$
8,641,013
" " Freight, etc
23,006,455
20,817.379
18,770,892
15,792.318
15.568.931
" all Sources
32,170,082
31,033,803
29,014.848
24,794,594
24,209,944
Net Earnings
15,053,582
17,03'i,517
16,614.855
14,374,74'2
T3,6-!8,195
Dividends
7,281,640
7,299,000
7,632,250
3,256,530
1,628,265
In the following table of miles of railroad, some changes -have been made from
tlie mileage given in previous issues of the MANUAL. These changes have been
occasioned by our finding very considerable errors in the reports of Railroad Com-
missioners in some of the States in former years. They do not perceptibly affect
the general aggregate.
Statement sliowing the number of miles of Railroad constructed each year in the
United States, from 1830 to the close 0/1877 inclusive.
Year.
Miles in
Operation.
Annual
Increase of
Mileage.
Year.
Miles in
Operation.
Annual
Increase of
Mileage.
Year.
Miles in
Operation.
Annual
Increase of
Mileage.
1830.
22
1846.
4,930
297
1862.
32,120
as4
1331.
95
"72
1847.
5,598
• 668
1863.
33,170
1,050
1832.
229
134
1848.
5,996
398
1864.
33,908
738
1833.
380
151
1849.
7,365
1,369
1865.
35,085
1,177
1834.
633
253
1850.
9,021
1,656
1866.
36,801
1.716
1835.
1,098
465
1851.
10,982
1,961
1867.
39,250
2,449
1836.
1,273
175
1852.
12,908
1,926
1868.
42,229
2,979
1837.
1,497
224
1853
15,360
2.452
1869.
46,844
4,615
1838.
1,913
416
1854
16,720
1,360
1870.
52,914
6,070
1839.
2,302
389
1855.
18,374
1,654
1871.
60,522
7,608
1840.
2,818
516
1856.
22,016
3,647
1872.
66, -242
5.720
1841.
3,535
717
1857.
24,503
2,647
1873 .
70.311
4,069
1842
4,026
491
1858.
26,968
2,465
1874
72,616
2,305
1843.
4,185
159
1859.
28,789
1,8-21
1875
74,374
1,758
1844.
4,377
192
1860.
30,635
1,846
1876.
77,031
2,657
1845.
4,633
256
1861
. 31,286
651
1877.
79/203
2,177
RAILROAD MANUAL OF THE UNITED STATES.
STATEMENT OF MILES OF RAILROADS IN EACH STATE AND GROUP OF STATES,
DECEMBER 31, 1877-1865.
-
1877.
1876.
1875.
1874.
1873.
1872.
1871.
1870.
1869.
1668.
1867.
1866.
1865.
997
964
872
1,863
204
922
997
940
810
1,837
189
918
980
934
810
1,817
179
918
957
918
778
1,786
173
897
905
877
721
1,755
159
897
871
810
710
1,658
136
868
871
790
675
1,606
136
820
786
736
614
1,480
136
742
580
702
614
1,480
125
692
560
667
605
1,425
125
637
521
667
587
1,401
125
637
521
667
587
1,331
125
637
521
667
587
1,297
125
637
New Hampshire
Vermont
Msssachusetts
Rhode Island
Connecticut
New England
New York.
5,822
5,725
1,6G1
5,926
272
944
638
5,691
5,525
1,601
5,794
272
944
618
5,638
5,423
1,511
5,705
272
929
. 615
5,509
5,250
1,438
5,575
272
900
615
5,314
5,165
1,418
5,297
248
900
615
5,053
4,925
1,378
4,949
227
866
609
4,898
4,470
1,265
4,742
200
820
533
12,030
1,453
1,123
1,190
1,520
1,201
2; 108
466
1,496
990
495
4,494
3.928
1,125
4,656
197
671
887
4,293
3,658
1,011
4,598
183
588
387
10,425
1,449
852
1,130
1,451
1,101
1,652
446
916
,990
375
4,019
3,329
973
4,398
165
535
365
9,765
1,438
813
1,097
1,436
1,076
1,575
437
853
898
335
3,938
3,245
942
4,311
165
527
365
3,868
3,179
879
4,097
147
484
365
3,834
3,002
864
8,728
134
446
365
New Jersey
Pennsylvania
Delaware
Maryland &D.C....
West Virginia
Middle States
15,166
1,635
1,509
1,426
1,056
1,406
2,339
485
1,802
1,088
495
14,754
1,618
1,475
1,399
1,645
1,353
2,306
485
1,800
1,084
495
14,455
1,608
1,326
1,356
1,630
1,335
2,264
484
1,800
1,018
495
14,050
1.608
1,326
1.343
1,630
1,320
2,260
484
1,782
1,018
495
13,643
1,538
1,320
1,275
1,620
1,320
2,260
466
1,722
990
495
12,954
1,502
1,266
1,250
1,520
1,290
2,160
466
1,628
990
495
10,964
1,449
1,017
1,178
1,492
1,139
1,845
446
1,157
990
479
9,555
1,438
635
1,042
1,358
1,007
1,548
437
851
898
335
9,144
1,416
581
1,042
1,296
1,007
1,502
416
839
898
335
8,539
1,407
567
984
1,296
1,007
1,420
416
805
898
335
Virginia
Kentucky .
North Carolina
Tenessee
South Carolina.
Georgia
Florida ,
Alabama
Mississippi
Louisiana . . .
Southern States. . .
Ohio
13,840
4878
3.477
4.057
7.392
2,701
2,194
290
4,134
3,198
275
767
2,210
1,286
2,352
1,045
465
506
13,660
4,687
3.395
4,003
7,285
2,636
2,020
275
3,939
3,146
275
767
2,031
1,217
2,238
957
459
506
13,316
4,461
3,346
3,963
7,109
2,566
1,990
275
3,850
2,905
275
740
1,685
1,167
2,150
807
459
506
13,266
4,398
3,315
3,890
6,759
2,546
1,990
275
3,765
2,880
275
700
1,650
1,107
2,150
682
459
459
13,006
4,258
3,253
3,714
6,589
2,360
1,950
275
3,728
2,858
275
700
1,578
1,107
2,100
603
459
372
12,505
4,108
2,976
3,649
6,361
1,878
1,906
275
3,643
2,673
275
450
1,078
1,051
2,063
483
459
349
12,242
3,740
2,116
3,529
5,904
1,725
1,612
234
3,160
2,580
92
258
865
943
1,760
328
459
257
11,192
3,538
1,638
3,177
4,823
1,525
1,092
65
2,683
2,000
10,362
3,448
1,325
2,863
4,031
1,512
795
10,068
3,398
1,199
2,600
3,440
1,235
572
9,549
3,398
1,163
2,506
3,224
1,036
482
9,332
3,372
1,039
2,217
3,119
1,036
298
9,129
3,331
941
2,217
3,157
1.010
213
Michigan
Indiana
Illinois
Wisconsin
Minnesota
Dakota Territory. . . .
Iowa
Missouri
2,095
1,712
1,523
1,354
1,283
1,085
998
925
891
925
Indian Co
Arkansas
256
711
705
1,501
157
459
257
i28
583
473
931
86
513
473
648
38
513
473
494
38
471
305
240
38
465
122
40
Texas
Nebraska
Kansas
Colorado
Wyoming Territory.
Utah Territory
Western States....
Nevada ,
447
257
447
82
41,224
631
2.080
'248
197
39,853
631
1,919
248
110
38,258
601
1,503
248
110
37,304
601
1,328
248
110
36,183
601
1,208
241
105
33,781
601
1,042
241
65
29,562
593
1,013
159
25
24,587
593
925
159
20,600
402
702
60
17,488
402
468
19
15,777
30
382
19
14,130
'308
19
13,350
214
19
California
Oregon
Washington Ter ..
Pacific States
3,156
3,373
2,707
2,487
2,165
1,949
1,790
1,677
1,164
889
431
327
233
RECAPITULATION.
1877.
1876.
1875.
1874.
1873.
1872.
1871.
1870.
1869.
1868.
1867.
1866.
1865.
New England States.
5,822
5,691
5,638
5,509
5,314
5,053
4,898
4,494
4,293
4,019
3,938
3,868
3,834
Middle States
15,166
14,754
14,455
14.050
13,643 12,954
12,030
10,964
10,425
9,765
9,555
9,144
8,539
Southern States
Western States
13,840
41,224
13,660
39,853.
13,316 13.266 13,006 12,505
38,258 37,304 30,183 33,781
12,242
29,562
11,192
24,587
10,362
20.600
10,068
17,488
9,549
15,777
9,332
14.130
9,129
13,350
Pacific States
3,156
3,073
2,707
2,487
2,165 1,949
1,790
1,677
1,164
889
431
327
233
Grand total
79,208
77,031
74,374 72,616
70,311 66.242
60,522
52,914
46,844
42,229
39,250
36,801
35,085
I
EAILROAD MANUAL OF THE UNITED STATES.
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KAILKOAD MANUAL
OF THE
UNITED STATES,
18T8.
BY HElsET V. POOE.
STA.TE OF1
Area, 35,000 square miles. Population, 648,500. Assessed valuation, $255,000,000.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Track.
Length of Lines.
Total.
Maine.
1. Aroostook River [New Brunswick.
Ft. In.
3 :6
4 :8#
4 :SX
4 :8#
4 :8X
4 :8X
4 :8K
4 :8#
4 :8X
4 :8#
4 :8X
4 :8X
4 :8K
4 :8>£
4 :8^
4 :8#
4 :8#
4 :8^
4 :8#
4 :8#
M.
152.50
149.50
62.50
33.33
126.50
18.80
14.00
114.00
120.00
49.00
5.50
307.75
94.00
52.50
51.00
71.37
27.50
22.00
25.00
7.50
M.
15.00
82.00
62.50
33.33
46.50
18.80
14.00
114.00
3.00
49.00
5.50
307.75
51.00
49.40
51.00
2.55
27.50
22.00
25.00
7.50
2. Atlantic and St. Lawrence (Grand Trunk)
3. Bangor and Piscataquis
4. Belfast and Moosehead Lake (Maine Central). . .
5. Boston and Maine [Mass.
6. Bucksport and Bangor (E. and N. A. Ry.)
7. Dexter and Newport (Maine Central)
8. European and North American
9. Houlton Branch (N B. and Canada Ry.)
10. Knox and Lincoln
11. Lewiston and Auburn (Grand Trunk)
12. Maine Central
13. Portland and Ogdensburg
14. Portland and Rochester
15. Portland, Saco and Portsmouth (E.) [Mass.
16. Portsmouth, Great Falls and Con way (E.).[N. H.
17. Rumford Falls and Buckfield
18. St. Croix and Penobscot
19. Somerset
20. Whitney ville and Machiasport
Total Length
1504.25
987.33
RAILROAD MANUAL OF THE UNITED STATES.
AEOOSTOOK EIYER RAILROAD.
Line of Road. — State Line, Me., to Caribou, Me 15 miles.
Sidings, etc., 1 mile. Gauge, 3 feet 6 inches. Rail, 40 Ibs. to yard.
This company was chartered in 1874, and the road opened October, 1876. It is
a branch of the New Brunswick R. R., though organized under a separate charter,
and is included in the returns of that company.
Financial Statement, December 31, 1877. — None reported. Included in New
Brunswick R. R. Co.
L. R. KING, President THOMAS HABEN, Supt Lyndon, Me.
ATLANTIC AND ST. LAWRENCE RAILROAD.
Line of Road.— Portland, Me., to Island Pond, Vt 149.5 miles.
Branch : Lewiston, Me., to Auburn, Me 5.5 "
Total length of line 155.0 miles.
Sidings, 28 miles. Gauge, 4 feet 8-J- inches. Rail, 65 Ibs. Steel rails, 119 miles.
This company was chartered February 10, 1845, to build a railroad to connect with
the St. Lawrence and Atlantic Railway, constructing from Montreal toward Portland.
The two lines were connected by the completion of the A. and St. L. R. R. to Island
Pond, Vt., January 10, 1853. On the 1st of July, 1853, the entire line was leased to
the Grand Trunk Railway Co. of Canada, that company agreeing to pay interest on
the outstanding bonds of the A. and St. L. R. R. Co., and 6 per cent, dividend annually
on capital stock. The gauge was originally 5 feet 6 in., but was reduced in 1874.
Rolling Stock. — Furnished by lessees. Locomotive engines used, 51 ; passen-
ger cars, 44.
Operations for year ending December 31, 1877. — Trains run — passenger, 203,492 ;
freight, 529,038— total, 732,530 miles. Passengers carried, 152,337. Freight moved,
453,193 tons. Earnings — from passengers, $191,411 ; from freight, $660,303; mails,
$22,770— total, $891,375. Operating expenses, $1,126,050.14. Interest on bonds and
6 per cent, on capital stock, paid by lessees.
Financial Statement, December 31, 1877.— Capital stock, $5,000,000 ; funded
debt, $3,484,000— total stock, bonds, and debts, $8,484,000, representing cost of road
and appurtenances.
Statement of funded debt in detail :
Character of Bonds.
Inter-
est.
Payable.
Principal
Payable.
Sterling.
Currency.
1st Mortgage (Portland Loan) .
6
May and Nov.
$787,000
1st Mortgage (Sterling) of November 1, 1853. . . .
3d Mortgage (Sterling) of October 1, 1864 .. .
6
6
it it tt
April and Oct.
Nov. 1, 3878
Oct. 1, 1884
£100,000
309,900
484,000
1,499,966
3d Mortgage (Sterling) of May 1, 1871
6
May and Nov.
May 1, 1891
147,300
715,932
RAILROAD MANUAL OF THE UNITED STATES. 3
The sterling bonds are payable, interest and principal, in London, England. The
2d and 3d mortgages are 5-20 year bonds, redeemable in .five and payable in twenty
years from date.
Directors (elected August 1, 1876). — John B. Brown, Charles E. Barrett, H. J.
Libbey, F. R. Barrett, Samuel E. Spring, F. H. Swan, Portland, Me. ; and Charles J.
Brydges, and Alexander T. Gait, Montreal, Canada.
JOHN B. BROWN, President Portland, Me.
Treasurer— Charles E. Barrett Portland, Me. | Secretary— -F. R. Barrett Portland, Me.
PRINCIPAL OFFICE AND ADDRESS India St., Portland, Me.
Financial Agency 21 Old Broad St. , London, Eng.
BANGOK AKD PISCATAQUIS EAILEOAD.
Line of Road. — Oldtown, Me., to Blanchard, Me 62.5 miles.
Sidings, etc., 2.7 miles. Gauge, 4 feet 8J inches. Rail, 56 Ibs. to yard.
This company was chartered March 5, 1861, and the road opened to its present
terminus in 1875. A road had been built from Bangor to Oldtown in 1836, but was
abandoned on the opening of the European and North American Ry. between those
two points. On the completion of the B. and P. R. R. to Abbot, in 1873, it was leased
to the European and North American Ry. Co., and operated by that company until
December 1, 1876, when a default was made on the interest due October 1, and the
stockholders resumed possession.
Rolling Stock. — Locomotive engines, 4. Cars — passenger, 3 ; baggage and mail,
2 ; freight (box, 26 ; platform, 40), 66 — total revenue cars, 71.
Operations for year ending September 30, 1877. — Trains run — passenger, 17,164 ;
freight, 30,745 ; other, 1,870— total, 49,779 miles. Earnings— from passengers,
$14,816.50; from freight, $38,762.47 ; other, $3,755.41— total, $57,334.38. Operating
expenses, $32,499.59 ; net earnings, $24,834.79. Interest for year, $58.540.
Financial Statement, September 30, 1877.— Capital stock, $357,148.50, of which
$200,000 is held by the City of Bangor in exchange for bonds, and for which it has a
mortgage on the road. Funded debt, $1,122,000; other liabilities, $112,471.13— total
stocks, bonds, and debt, $1,591,619.63; cost of road, etc., $1,348,836.81; equipment
$110,200.07.
The funded debt consists of City of Bangor bonds, as follows : 6 per cent., dated
April 1, 1869, $600,000; 7 per cent.. $322,000, dated April 1,1871; $99,000, dated
December 1, 1874; $101,000, dated October 1, 1876— all due, April 1, 1899.
Directors (elected June 2, 1877).— Moses Giddings, Arad Thompson, M. S.
Drummond, Newell Blake, J. S. Ricker, F. A. Wilson, and T. S. Moore, Bangor,
Me. ; and A. M. Robinson, Dover, Me.
MOSES GIDDINGS, President Bangor, Me.
Treasurer— H. W. Blood Bangor. Me.
Stipt. and Purch, Agt.— Arthur Brown, " "
Road Master— Wm. Elms Dover, Me.
Master Mech. — Horace Penny Oldtown, "
PRINCIPAL OFFICE AND ADDRESS Bangor, Me.
BAILBOAD MANUAL OF THE UNITED STATES.
EUEOPEAN AND NOETH AMEEICAN EAILWAY.
Line of Road. — Bangor, Me., to State Line 114.2 miles.
Leased Line, Bucksport and Bangor R. R 18.5 "
Total lengtli of line owned, leased and operated 132.7 miles.
Sidings, 16.84 miles. Gauge, 4 feet 8£ inches. Rail, 56 and 60 Ibs.
This company was chartered August 20, 1850. Construction was begun in 1867,
and the road completed in 1871 to the eastern boundary of Maine, where it connected
with the road of the same name in New Brunswick, also opened in 1871, thus form-
ing a continuous line from Bangor to St. John, N. B., 205.5 miles. In 1872, an agree-
ment of consolidation was made, the E. and N. A. Ry. Co. of Maine undertaking to
operate the whole line and to pay interest on the mortgage debts of each. In 1875,
the Maine company defaulted on interest due both companies, and the agreement,
consequently, became void — the stockholders of each company resuming control of
their respective lines. In 1876, the Trustees of the Land Grant Bonds, in Maine,
took possession of the road, and have since operated it. During the past year, the
gauge was changed from 5 feet 6 inches to 4 feet 8£ inches. The last report of the
Trustees contains no proposition for the adjustment of its affairs, and no report is
made by the company.
Rolling Stock. — Locomotive engines, 12. Cars — passenger, 15 ; baggage and
mail, 6 ; freight, 245 — total revenue cars, 266 ; also 2 snow plows.
Operations for year ending September 30, 1877. — Trains run— passenger, 105,072 ;
freight, 110,447 ; other, 40,980— total, 256,419 miles. Passengers carried, 153,120 ;
carried one mile, 4,370,905. Freight moved ; 139,899 ; moved one mile, 6,430,666 tons.
Earnings.
From Passengers $133,099 31
" Freight. . . 197,481 85
" Mail 21,04854
Miscellaneous 6,242 43
$357,912 13
Expenditures.
For Maintenance of Way $122,504 08
" Rolling Stock 84,91672
" Transportation 41,481 56
Miscellaneous 18,601 50
$217,503 86
Balance— Net earnings, $140,408.27. Payments from net earnings — Interest,
$60,090 ; preferred debts, $59,611.58.
Financial Statement, September 30, 1877. Neither the company nor the Trus-
tees gave any statement of the financial condition of the company. There appear to
be outstanding $300,000 bonds of the Penobscot R. R. Co., to which the E. and N. A. Ry.
Co. was successors ; $19,800 bonds of an issue of $280,000 ; $1,000,000 City of Bangor
bonds; $2,000,000 Laud Grant bonds, and $6,000 consolidated mortgage bonds of an
issue of $6,000,000, authorized. There was also a large floating debt. The interest
on the Bangor bonds and the $19,800 has been regularly paid ; that on the Land
Grant bonds is in default since July 1, 1875.
RAILROAD MANUAL OF THE UNITED STATES.
Statement of funded debt in detail :
Date of
Interest.
Principal,
Amount
Amount
Bonds.
Rate.
When Payable.
When Due.
Authorized.
ing.
1st Mort. (Penobscot R. R.). .
(E. andN. A. Ry.)..
Bangor Loan E. and N. A
Land Grant
July 1, 1855
Aug. 1, 1863
Jan. 1, 1869
Mar. 1, "
6
6
6
Jan. and July. .
Aug. and Feb..
Jan. and July. .
Mar. and Sep.. .
July 1, 1875
Aug. 1, 1883
Jan. 1. 1889
Mar. 1, "
$300,000
280,000
1,000,000
2,000,000
$98,800
19,000
1,000,000
1,986,000
Consolidated E. and N. A —
Dec. 5, 1872
6 g'ld.
May and Nov...
Nov. 1, 1912
6,000,000
6,000
The Penobscot bonds are a first lien on the road from Bangor to Milford, a dis-
tance of about 14 miles. The City of Bangor bonds are a second lien on the road
from Bangor to Milford, and a first mortgage on the road from Milford to Winn, a
distance of about 31 miles. The company bonds ($2,000,000) are a third mortgage on
the line from Bangor to Milford ; a second mortgage on the road from Milford to
Winn ; and a first mortgage on the road from Winn to the boundary, a distance of
about 69 miles. The last bonds are further secured by certain wild lands granted by
the State to the company.
The European and North American Railway Co. acquired title to its road-bed,
rights of way, etc., etc., from Bangor to Milford, a distance of about 14 miles, by
purchase of the first mortgage bonds of the Penobscot R. R. Co. The latter occupied
the route adopted by the former, and to secure rights of way and work done by the
Penobscot R. R. Co., the European and N. A. Railway Co. were authorized, by an
act of the Legislature of Maine, to purchase and. hold the Penobscot bonds, which
were a first lien on the rights of way and road-bed, as a "basis" of its title to the
same. In accordance with said authority, the European and North American Railway
Co. purchased and hold about $201,000 of the Penobscot bonds for the purpose afore-
said, leaving about $99,000 still outstanding, and on which no interest has been paid.
Directors (elected August 15, 1875). — George K. Jewett, Noah Woods, Arad
Thompson, C. P. Stetson, J. S. Ricker, Wm. Flowers, J. S. Wheelwright, Bangor,
Me. ; J. W. Emery, Portsmouth, N. H. ; E. R. Burpee, Alexander Jardine, C. H.
Fairweather, C. N. Skinner and R. Robinson, St. John, N. B.
HANNIBAL HAMLIN, I m * -D™ . TIT«
WM. B.HAYPOKD, \ Trustees Bangor, Me.
Secretary and Treasurer— 'Noah Woods. . . .Bangor.
Su.pt. and Purch. Agent — F. W. Cram "
GenL Ticket Agent— S. P. Leavitt "
Master Machinist— A. O. Bailey Old Town.
Freight Agent— F. W. Cram Bangor.
Transfer Agent — Noah Woods
PRINCIPAL OFFICE AND ADDRESS Bangor, Me.
BUCKSPORT AND BANGOR RAILROAD.
This company was chartered in 1872, and the road was opened in December,
1874. It extends from Bucksport to Bangor, Me., 18.5 miles, with 1 mile of sidings.
BAILROAD MANUAL OF THE UNITED STATES.
It was leased from its opening to the E. and N. A. Ry. Co., at 40 per cent, of the
gross earnings, until November, 1876 ; since then, at 35 per cent.
Hulling Stock. — Furnished by lessees.
Operations for year ending September 30, 1877. — Not reported. The gross earn-
ings are stated at about $30,000, of which the company receive $6,292.68.
Financial Statement, December 31, 1877. — Capital stock authorized, $316,000 ;
paid in, $276,538.98; funded debt, $400,000; floating debt, $79,546.34— total stock,
bonds and debt, $756,084.32. Per contra : Cost of road, 697,185.68. The coupons on
$354,000 bonds were funded to April 1, 1877.
S. P. HINKS, President; P. Spofford, Treas. and Ertg.. .Bucksport, Me.
PENOBSCOT BAY AND KIYER EAILROAD. (Projected.)
Line of Road. — Bangor, Me., to Rockland, Me .70 miles.
This road is intended to connect at Rockland with the Knox and Lincoln, at Bel-
fast with the Belfast and Moosehead Lake, and at Bangor with the Maine Central and
the European and North American R. Rs. It will run along the western bank of the
Penobscot River, and furnish by its connections a continuous shore line of railroad
from Portland to Bangor. Only the preliminaries of the organization are at present
completed.
KNOX AND LINCOLN EAILROAD.
Line of Road. — Rockland, Me. , to Bath, Me 49 miles.
Sidings, 3 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs. to yard.
This company was chartered in 1868, and the road opened November 1, 1871.
Rolling' Stock. — Locomotive engines, 5. Cars — passenger, 10 ; baggage, mail,
etc., 3; freight, 63 — total revenue cars, 76. Also, 24 service cars, and 3 snow plows.
Operations for year ending December 31, 1877. — Trains run, 102,650 miles. Pas-
sengers carried, 73,525. Freight moved, 36,958 tons.
Earnings.
From Passengers $76,050 31
" Freight, etc 42,020 99
Expenditures.
For Maintenance of Way $23,392 24
" Transportation, etc. 45,735 97
$69,128 21
$118,071 30
Balance — net earnings (42 per cent.) $48,943.09.
The Earnings, etc., for a series of years have been as follows :
Years.
Engines.
0
Passen-
gers.
Tons
Freight
Gross
Earn-
ings.
Net
Earn-
ings.
Capital
Stock.
Funded
Debt.
Cost
of Con-
struction.
1872
fi
73
75,339
8,992
$87,612
$35,973
$361,492
$2,395,000
$2.725,798
1873
5
79!
91,795
13,392
141,720
68,082
363,335
2,395,000
2,707,573
1874
5
79!
108,914
16,480
161,569
82,843
364,400
2.395,000
2,768,300
1475
5
74
89,377
15,248
146,214
74,016
364,580
2,395,000
2,762,300
1876
5
76
81,522
21,285
134,556
62,221
364,580
2,395.000
2,762,300
1877
5
76
73,525
16,958
118,071
48,943
364,580
2,395,000
2,704,833
I
I
RAILROAD MANUAL OF THE UNITED STATES.
General Balance, December 31, 1877.
Construction Account $2,704,832 54
Materials 8,19881
Cash.etc 46,54865
$2,759,580 00
CapitalStock $364,58000
Funded Debt 2,395,000 00
$2,759,580 00
Of the city and town bonds issued in aid of the road, $1,270,000 bear date January
1, 1869, and are due $63,500 yearly from July 1, 1880, to July 1, 1899 ; $475,000, March
1, 1871, payable in 20 years; and $650,000, February 1, 1872, payable in 30 years
These bonds constitute the mortgage on the road.
Directors (elected March 13, 1878).— George T. Patten and Edward Sewall, Bath,
Me. ; Henry Ingalls, Wiscassett, Me. ; Edwin Flye, Newcastle, Me.; D. W. Chapman,
Damariscotta, Me. ; Joseph Clark, Waldoboro', Me. ; Edmiftid Wilson, Thomaston,
Me. ; Francis Cobb and John T. Berry, Rockland, Me.
JOHN T. BERRY, President Rockland, Me.
Treasurer— L. S. Alexander Bath, Me.
Superintendent— C. A. Coombs " "
Secretary— Edwin Flye Bath, Me.
Master Mechanic— E. K. Hamlin. . , " "
PRINCIPAL OFFICE AND ADDRESS Front Street, Bath, Me.
MAINE CENTKAL BAILKOAD.
Line of Road. — Portland, Me., to Bangor, Me. (via Lewiston) 138.50 miles.
Branches and Extensions, named below 98.75 "
Leased Lines, named below 117.83 "
Total length of lines owned, leased and operated 355.08 miles.
Sidings, etc., 47.19 m. Gauge, 4 feet 8| in. Rail, 56 to 60 Ibs. Steel rails, 24.21
miles.
The Maine Central R. R. was formed by the consolidation, under its present
title, October 28, 1862, of the Androscoggin and Kennebec and the Penobscot and
Kennebec R. Rs., the former extending from Danville Junction to Waterville, and
the latter from Waterville to Bangor, 110 miles in all. At Danville Junction, the A.
and K. R. R. connected with the Grand Trunk R. R., thus giving entrance to
Portland. The A. and K. R. R. Co. was chartered May 28, 1845, and the road opened
November 27, 1849. The P. and K. R. R. Co. was chartered April 7, 1845, and the
road completed in August, 1855, and leased November 1, 1856, to the A. and K. R.
R. Co. for 20 years, for an annual rental of three months of the net earnings of the
joint business, and the two roads were operated as one up to time of consolidation.
In July, 1868, the Dexter and Newport R. R. was completed, and leased to this
company.
The Portland and Kennebec R. R. Co. was formed by the reorganization of the
Kennebec and Portland R. R. Co., chartered April 1, 1846, to build a line from Port-
land to Augusta, 63 miles, with a branch to Bath, 9 miles, which was completed in
1852. At Augusta it connected with the Somerset and Kennebec R. R. Co., char-
tered August 10, 1848, to build a line from Augusta to Skowhegan, 37 miles, which
was completed in December, 1857, and operated by the K. and P. R. R. Co., and now
forms an integral part of it.
8
RAILROAD MANUAL OF THE UNITED STATES.
These two lines were operated separately until May 31, 1870, wlien the Maine
Central R. R. Co. took a nominal lease of the P. and K. R. R. for 999 years, paying
therefor $1,716,600 in its own capital stock, thus making it virtually the owner of
the line. At the same time, the line from Danville Junction to a connection with
the K. and P. R. R. at Cumberland was undertaken, and was completed iu July, 1871.
The Androscoggin and the Belfast and Moosehead Lake R. Rs. were also leased,
thus completing the present system.
BRANCHES AND EXTENSIONS :
Cumberland to Augusta 51.50 m.
Bath Branch 9.50 "
Somerset and Kennebac R. R. .37.75 "
LEASED LINES :
Andros. R. R. (incl. L. & F. R.R.).70.50 m.
Belfast & Moosehead Lake R. R.33.33 "
Dexter and Newport R. R 14.00 "
$.75 m. 117.83 m.
Kolling Stock. — Locomotive engines, 59. Cars — passenger, 56 ; baggage, mail
and express, 26 ; and freight (box, 701 ; platform, 529), 1,230— total revenue cars, 1,312.
Also, 110 wood and gravel cars, 27 freight saloon cars, 4 service cars, and 16 enow
plows.
Operations for year ending December 31, 1877.— Trains run— passenger, 498,143 ;
freight, 395,159 ; and all other, 184,762— total, 1,078,064 miles. Passengers carried,
611,345 ; carried one mile, 22,740,125. Freight moved, 380,830 tons ; moved one mile,
25,028,148 tons.
Earnings.
From Passengers $688,056 37
" Freight 833,540 59
«• Mail and Express 97,97743
Miscellaneous 28,600 56
Expenditures.
For Maintenance of Way $274,163 30
" Rolling Stock 150,21728
" Transportation , 531,905 65
Miscellaneous 26,794 76
$1,648,174 95 $983,080 99
There was also received from rent, dividends, etc., the sum of $6,062.05, making
the gross receipts from all sources $1,654,237.00, and leaving balance, net earnings,
$671,156.03. Payments from net earnings: Taxes, insurance, etc., $20,457-08 ; in-
terest on funded debt, $523,409.79; interest on floating debt, $26,109.62; rents of
leased lines, $54,000— total payments, $603,519.41. Balance— surplus, $47,179.54.
Abstract of operations for ten years :
Fiscal
Years.
Train
Mileage.
Passen-
gers
Carried.
Freight
Moved.
Gross
Earnings.
Working
Expenses.
Net
Earnings.
Interest.
Rent and
Dividends.
1868...
214,512
163,830
103,824
$544,950
$331,507
$213,443
$145,843
1869
224,243
183,849
97,989
585,638
424,999
160,630
145,743
$19,500
1870
229,572
177,161
108,201
590,039
432.169
157,870
14s,447
18,000
1871
934,585
418,026
314,902
1,566,210
1,094,639
468,797
356.582
56,000
1872
1,186,883
672,215
359,486
1,928,808
1,328,982
599,825
453,214
107,748
1873
1,279,216
719,760
401,904
2,065,660
1,318,036
747,324
472,756
130,632
1874
1,251,026
752,704
422,401
2,088,692
1,281,681
817,399
522,638
100,500
1875
1,239,980
672,372
374,105
1,781,786
1,106,147
679,929
515,569
100,790
1876
1,221,967
693,199
382,942
1,726,498
1,012,394
718.540
575,123
76,242
1877
611,345
380,830
1,648,175
983,081
671,156
549,519
54,000
The figures since 1870 in the above table are for the consolidated line.
RAILROAD MANUAL OF THE UNITED STATES.
Profit and Loss Account, Tear 1877.
Eeceipts.
Balance, net Earnings $47,179 54
Sale of Bonds 834,950 00
Exchange of Bonds for Scrip, 91,100 00
Coupons, Sundries, etc 24,884 04
Balance from 1876 543,016 95
Payments.
Loans, Notes, etc $1,028,593 53
Sundry Accounts 43,419 34
Scrip and Stock surrendered 88,528 00
Sundry Assets 267,928 60
CashonHand.. 112,66106
$1,541,130 53 $1,541,130 53
During the year bonds of the Somerset and Kennebec R. R., amounting to
,100, were redeemed by Maine Cent. R. R. Co.'s bonds.
General Balance, December 31, 1877.
Construction $10,006,432 04
Androscoggin R. R. Lease 768,333 33
Equipment 1,658,540 74
Somerset R. R
Stocks and Bonds, etc .
Materials
Miscellaneous Dues. . .
Cash on Hand...
62,351 18
41,902 30
158,785 91
67,240 39
112,661 06
Capital Stock, M. C. R. R $3,603,300 00
StockBonds 16,800 00
Capital Stock, P. and K. R. R 13,700 00
FumledDebt 8,706,01106
Interest Scrip 27,492 00
Scrip and Coupons 23,70904
Miscellaneous Dues 6,104 40
Profit and Loss— Balance 479,130 45
$12,876,246 95
Abstract of financial condition for nine years :
$12,876,246 95
1869.
(110 m.)
1870.
(220 m.)
1871.
(310 m.)
1872.
(355 m.)
1873.
(355 m.)
1874.
(355 m.)
1875.
(355 m.)
1876.
(355 m.)
1877.
(355 m.)
Stk. & S. B'ds
Bond Account
Int. Scrip
$
1,717,920
$
3,434,530
$
4,227,920
$
4,416,720
6,300,409
496,892
820,815
$
4,402,920
6,394,183
496,892
881,640
475,070
$
4,350,600
6,054,265
496,892
1,277,090
656,003
$
4,343,600
6,761,767
496,892
900,672
456,735
$
3,683,720
7,703,584
78,192
928,920
654,261
$
3,620.100
8,706;011
27,492
43,514
479,130
2,299,400
2,563,600
297,700
149,349
491,788
5,958,398
496,892
740,324
524,267
Notes, etc
Balance
73,354
292,852
Total
4,383,526
4,197,023
6,936,957
4,295,764
1,716,600
81,356
88,734
202,477
22,843
11,947,801
8,089,118
3,556,416
128,735
171,170
142,588
81,774
12,034,836
8,152.782
3,557,766
132,593
191,695
12,650,705
8,594,708
3,557,875
142,723
200,434
59,987
94,978
12,834,850
11,613,399
768,333
11,000
179,398
33,392
229,328
12,959,666
11,684,086
768,333
11,000
195,979
207,218
93,049
13,048,677
11,727,549
768,333
26,195
207,684
244,489
74,427
12,876,247
11,664,973
768,333
82,546
158,786
112,661
88,948
M. C. R.R.,etc.
Leases
Investments. . .
Mate'ls & Fuel
Cash
81,121
75,882
19,160
10,340
Notes, etc
Total
4,383,526
6,936,957
11,947,801
12,034,836 12,650,705
12,834,850
12,959,666
13,048,677
12,876,247
Statement of funded debt in detail :
Nature of Securities.
When
Issued.
-S
"n
K
Interest
Payable.
Principal
Payable.
Author-
ized.
Out-
stand-
ing.
M. C. R. R.— $1,100,000 (new) loan, tax free
Extension l>o]rh
Julyl, 1868.
Oct. 1, 1870.
1860-61.
April, 1872.
Oct. 15, '63.
Oct. 15, '63.
April 1. '65.
July 1, 1871.
July, 1S66.
7
6
6
I
5
6
6
6
Jan.& July.
April & Oct.
Feb. & Aug.
April & Oct.
April & Oct.
April & Oct.
April & Oct.
Jan.& July.
Jan. & July.
July 1, 1898.
Oct. 1, 1900.
1890-91.
Apr. 1, 1912.
Oct. 15, '83.
Oct. 15, '83.
Apr. 1,1895.
July 1, 1901.
Julyl, 1891.
$
1,100,000
500,000
1,100,000
9,000,000
250,000
110,700
1,500,000
633,000
425,000
$
756,800
496,500
1,100,000
3,898,600
217,300
11,811
1,166,700
633,000
425,000
$8,705,711
i
P. &K
i
L. &F
Andro.
" $1,100,000 (A. &. K.
R.R.) 1'n.
" Consolidated
R. R., Istmort. (K. & P.
Funded Interest . .
R. R.)....
" Consolidated loan
R. R.— let mortgage loan
R. R.— Bath loan
Total Bonded Debt..
10 EAILBOAD MANUAL OP THE UNITED STATES.
The consolidated bonds are divided into four classes — A, B, C, and D. Of class A
there are outstanding $975,000; class B, $1,512,500 ; class C, $1,801,400; class D,
$109,700. The trustees named in the mortgage have been instructed by vote of the
company to reserve of the several classes sufficient to retire the outstanding bonds
and other issues. During the year the funded debt has been increased $1,002,427,
and the company's notes, amounting to $928,920.32, paid and retired. The interest scrip
has been reduced $50,700, and P. & K. R. R. stock $49,900. The total decrease of
liabilities for year is $27,113.53.
The interest on all classes of bonds is payable at the National Bank of Commerce,
in Boston, and at the company's office in Portland.
. Directors (elected March 28, 1877). — Abner Coburn, Skowhegan, Me.; Darius
Alden, Augusta, Me. ; Arthur Sewall, Bath, Me. ; John B. Brown, W. G. Davis, and
G. E. B. Jackson, Portland, Me. ; George P. King, W. B. Bacon, and A. P. Rockwell,
Boston, Mass.; Geo. S. Morison, New York ; Willard P. Phillips, Salem, Mass.
ABNER COBURN, President ...................... Skowhegan, Me.
Treasurer— 3. S. Cashing .......... . Portland, Me.
Secretary — J. H. Drummond ........ "
Gen. Supt.—P&yson Tucker ......... "
Mas. Mechanic — J. W. Philbrick..Waterville, "
Transfer Agt. — J. A. Linscott ..... Portland, "
TfnfirJ ( ^S* I^V' — Geo. Nevins — Brunswick, Me.
MaSZ-M 1 2d Div.-Geo. M. Wagg..Lewiston, "
masters | 3d Div.— Geo. W. Terry.. Waterville, "
Gen. Tkt. Agt.—F. E. Boothby. . . . Portland, "
PurcJi. Agt.— Pay son Tucker "
PRINCIPAL OFFICE AND ADDRESS Commercial Street., Portland, Me.
BELFAST AND MOOSEHEAD LAKE KAILEOAD.
Chartered March 31, 1853, and road opened from Belfast to Burnham, on the
Maine Central R. R., 33.5 miles, in September, 1870. It was leased May 10, 1871, to
the M. C. R. R. Co. for forty years, at an annual rental of $36,000.
Financial Statement, January 1, 1878. — Capital stock ($950,000) paid in, about
$750,000 ; funded debt, 1st mortgage 6 per cent, gold bonds, dated November 15,
1870, interest May 15 and November 15, and principal November 15, 1890, $150,000 ;
and other debts, $1,000. Per contra: Cost of road, etc., about $900,000.
CHARLES B. HAZELTINE, President .Belfast, Me.
DEXTEE AND NEWPOET EAILEOAD.
Chartered about 1865, and road opened in 1868. It extends from Newport to
Dexter, 14 miles, and was leased to the M. C. R. R. Co. for 30 years from December
1, 1868, at an annual rental of $18,000.
Financial Statement, December 31, 1877.— Capital stock, $122,000 ; and town
bonds. $175,000. Per contra : Cost of construction, $300,000.
CHARLES SHAW, President Dexter, Me.
RAILROAD MANUAL OF THE UNITED STATES.
11
POKTLAND AND OGDENSBUKG R. K. (Portland Div.)
Line of Road. — Portland, Me., to Lunenburg, N. H 114 miles.
Sidings, etc., 8.5 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs. to yard.
This company was chartered February 11, 1867, and opened to its present termi-
nus December 22, 1875. The company use, under lease, 20 miles of the B. C. and M.
R. R., from Fabyan's to Scott's Mills, making the length of line owned 94 miles.
Rolling1 Stock. — Locomotive engines, 8. Cars — passenger, 18 ; baggage, mail,
and express, 3 ; and freight (box, 4'5 ; hay, 25 ; platform, 70 ; ice, 20), 150 — total reve-
nue cars, 171. Also, 3 snow plows, 1 crane car, and 3 brake vans.
Operations" for year ending September 30, 1877. — Trains run — passenger, 133,377 ;
freight, 89,002 ; and other, 13,356— total, 235,735 miles. Passengers carried, 84,938 ;
freight moved, 89,074 tons.
Earnings,
From Passengers $97,637 06
" Freight, etc 148,313 57
" Mail, Express, etc 16,81392
Expenditures.
For Maintenance of Way $66,973 84
" Rolling Stock 16,87893
" Transportation, etc 109,480 72
$262.764 55 $193,333 49
Balance — net earnings, $69,431.06. Payments from net earnings — taxes and in-
surance, $1,402.50 ; other payments — not reported.
Abstract of operations and general balances for seven years :
Years.
Miles.
Engines.
i
33
o
Passen-
gers.
Tons
Freight.
Train
Miles.
Gross
Earn-
ings.
Net
Earn-
ings.
Capital
Stock.
Funded
Debt.
Cost of
Con-
struction.
1870-71
1871-72
1872-73
1873-74
1874-75
1875-76
1876-77
60.00
60.00
71.25
79.35
91.00
91.00
94.00
5
5
6
7
8
8
108
108
140
164
165
175
171
67,500
55.592
68,100
67,500
35,000
37,856
78,464
79,006
76,058
114,009 $123,027 40
104,640 115,484 13
124,162 144,982 26
136,085 172,205 90
176,040 226,150 25
226,769, 234.979 71
235,735 262,764 55
$57,661 96
40,360 90
40,074 98
59,661 51
104,046 82
91,065 55
69,431 06
$1,007,847
1,039,095
1,045,270
1,049,246
1,051,726
$800,000
806,600
1,384,000
1,924,000
2,353,860
$1,807,847 00
2,106,701 00
2,497,748 00
3,0-24,737 00
3,507,072 00
1,052,126
1,052,186
2.381,600
2,391,600
3,485,901 00
3,696,970 17
84,938
89,074
General Balance, Septentler 30, 1877.
Construction Account $3,696,970 17
Dues 75,317 28
Sundry Accounts 10,893 74
Cash 27,340 47
$3,810,581 66
Statement of funded debt in detail :
Capital Stock $1,052,185 55
Funded Debt 2,391,600 00
Bills Payable 314,993 53
Sundry Accounts 51,802 58
$3,810,581 66
Character of Bonds.
Date of
Bonds.
Interest.
Payable.
Principal
Payable.
Amount
Authorized.
Amount
Outstanding.
First Mortgage
Nov. 1, 1870.
Nov. 1, 1871.
6
6
1
Jan. and July. July 1, 1900.
Jan. and July. Nov. 1,1900.
$800.000
2,500,000
$800,000
1,591,600
12
RAILROAD MANUAL OF THE UNITED STATES.
This company defaulted on the interest on its bonds due July 1, 1876, and pro-
ceedings in foreclosure were subsequently begun ; but were withdrawn on an arrange-
ment by the company to provide for payment and interest up to July, 1878, by their
notes, payable in twelve semi-annual installments. The completion of the Vermont
Division of the P. & 0. gives a through line to Lake Champlain.
Directors (elected January 15, 1878).— S. J. Anderson, W. F. Milliken, H. N.
Jose, J. S. Ricker, J. P. Baxter, R. M. Richardson, W. W.Thomas, Jr., and S. Water-
house, Portland, Me. ; Joel Eastman, Conway, N, H.
S. J. ANDERSON, President Portland, Me.
Treasurer— John W. Dana Portland, Me. I Engineer— John F. Anderson Portland, Me.
Secretary— Charles H. Foye "I Road Master—^. E. Peverly
Superintendent — Jonas Hamilton Portland, Me.
PRINCIPAL OFFICE AND ADDRESS 39 Exchange Street, Portland, Me.
POETLAND AND EOCHESTEE EAILEOAD.
Line of Road. — Portland, Me, to Rochester, N. H , 52.5 miles.
Sidings, etc., 7 miles. Gauge, 4 feet 8i inches. Rail, 56.1bs.
Chartered as York and Cumberland R. R., July 20, 1846, and opened to Saco
River, 18 miles, in February, 1853. The road remained incomplete until 1867, when
the present title was taken, extension commenced, and it was opened to Rochester in
July, 1871.
Rolling Stock. — Locomotive engines, 7. Cars — passenger, 9 ; baggage, mail, and
express, 4 ; and freight (box, 50 ; platform, 87) 137 — total revenue cars, 150. Also, 2
Bnow plows, and 26 service cars.
Operations for year ending August ?1, 1877. — Trains run — passenger, 90,150,
freight and other, 59,432— total, 149,582 miles. Passengers carried, 118,175.
Freight moved, 75,999 tons.
Earnings.
From Passengers $52,865 73
" Freight, etc 81,020 54
$133,896 27
Expenditures.
For Maintenance of Way $40,899 10
" Transportation, etc 68,601 11
$109,500 21
Balance— net earnings, $24,396.06.
Included in operating expenses are — taxes and insurance, $721.12. Payments : in-
terest on floating debt, $2,320.09. Balance, 22,075.97. The annual interest charge
is $93,500.
The net earnings for year ending August 31, 1874, being insufficient to pay the
interest on the funded debt, the City of Portland agreed to assume that portion of it
due on the city bonds, on condition that the company should maintain the road in
good order, and pay over the net earnings to the city, to be applied to such payment.
This arrangement to be binding for three years from July 1, 1874.
Under this agreement, the company paid interest on $350,000 7 per cent, bonds
to include March 31, 1876, and the interest due on bonds issued for funded interest to
EAILEOAD MANUAL OF THE UNITED STATES. 13
July 1, 1876, but was unable to pay interest on the remaining debt. On the 29th of
December, 1876, the road was placed in the hands of a receiver, who took possession
February 1, 1877, and has since operated it. A new iron bridge was built during the
year, in place of a defective wooden one, at a cost of $19,042.79, of which $16,000
was made payable in eight notes having from three to twenty-four months to run.
The remainder was payable in cash. There was also paid for rental and rolling stock,
$10,867.28.
The gross earnings since the completion of the road have been as follows : 1871-
72, $131,561.28; 1872-73, $142,570.89; 1878-74, $158,388.76; 1874-75, $153,930.68;
1875-76, $138,269.80 ; 1876-77, $133,896.27.
General Balance, August 31, 1876.
Construction Account ..$1,966,210 72
Sinking Fund 48,500 00
Sundry Accounts 161,583 86
$2,176,244 58
Capital Stock $636,111 86
Funded Debt 1,500,000 00
Bills Payable 40,132 72
$2,176,244 58
The above is the latest balance-sheet issued, none having been made by the
Receiver. The capital stock remains unchanged. The funded debt consists of City
of Portland bonds—" A" series, $700,000 ; " B" series, 450,000 ; and company's 7 per
cent, bonds, $350,000. The bills payable aggregate $68,530.96.
The " A " bonds are secured by mortgage of June 24, 1867, bearing 6 per cent,
interest, and are due 1887, and by an additional mortgage of June 29, 1868. The
company's bonds for $350,000 are secured by mortgage of November 1, 1870, bearing
7 per cent, interest, and are due 1887. All these mortgages are " co-equal and concur-
rent." The " B " series, commonly called second mortgage, are secured by lien dated
November 3, 1871, and bear 7 per cent, interest, being due in 1891. The bonds under
this last mortgage were delivered to the City of Portland with an equal amount of
stock, in exchange for $450,000 6 per cent, bonds of the city, falling due in 1896.
Thus, of $1,500,000 bonds, the city is liable for $1,150,000. The funded debt bonds,
for past due interest, amount to $172,500, making $1,322,500 due the city. The
sinking fund, "A" series, amounts to $59,179.55 ; " B" series, $11,836.
Directors (elected October 3, 1877).— John Lynch, W. R. Wood, A. K. Shurtleff,
H. J. Libby, Charles McCarthy, Jr., and Geo. P. Wescott, Portland, Me. ; E. G. Wal-
lace, Rochester, N. H. ; W. G. Ray, New York City ; Frederick Robie, John A.
Waterman, Gorham, Me. ; Joseph S. Ricker, Deering, Me.
GEO. P. WESCOTT, President and Receiver Portland, Me.
Frederick Robie, Vize-President " "
Superintendent— J '. M. Lunt Portland, Me. | Treasurer— Wm. H. Conant Portland, Me.
Gen. Ticket Agt J. W. Peters.
PRINCIPAL OFFICE AND ADDRESS Portland, Me.
RUMFOKD FALLS AND BUCKFIELD RAILBOAD.
Line of Road.— Mechanic Falls, Me., to Canton, Me 27.5 miles.
Sidings, etc., 2 miles. Gauge, 4 feet 8£ inches. Rail, 50 Ibs.
14 RAILROAD MANUAL OF THE UNITED STATES.
This company was chartered March 3, 1874, as the successor of the Portland
and Oxford Central R. R. Co., whose road has gone to decay, and the rolling stock
removed. The original name, by charter of June 22, 1847, was Buckfield Branch
R. R., and it was opened in 1849. The title P. and O. C. R. R. was given in 1856.
The present company has wholly repaired the road, and operations were resumed the
present season.
Rolling Stock.— Locomotive engines, 2. Cars— passenger, 2 ; baggage, 2 ; others
not yet provided.
Operations. — Not reported.
Financial Statement. — This company is receiver of the P. and 0. C. R. R. Co.,
and is authorized to issue bonds, having twenty years to run, at the rate of $3,000 per
mile, or $82,000 in all, which will be a prior lien on the entire property and franchises,
and bearing 6 per cent, interest.
Directors (elected March 8, 1878).— Israel Washburn, Jr., S. C. Andrews, S. T.
Corser, Portland, Me. ; Otis Hayford, N. L. Marshall, Canton, Me.
ISRAEL WASHBURN, Jr., President Portland, Me.
Treasurer-^. C. Andrews Portland, Me. | Secretary— G. D. Bisbee Buckfield, Me.
PRINCIPAL OFFICE AND ADDRESS Portland, Me.
ST. CEOIX AND PENOBSCOT KAILEOAD.
Line of Road. — Calais, Me., to Princeton, Me 22 miles.
Sidings, etc., 3.83 miles. Gauge, 4 feet 8^ inches. Rail, 52 and 56 Ibs. to yard.
This company was formed by the consolidation, in 1870, of the Calais and Baring
R. R. Co., chartered March 20, 1837, and opened in June, 1851; and the Lewey's
Island R. R. Co., chartered March 16, 1855, and opened January, 1858. The authority
for consolidation was given March 8, 1855.
Rolling Stock. — Locomotive engines, 4. Cars — passenger, 3 ; baggage, mail, and
express, 3 ; and freight, 203 — total revenue cars, 209 ; also, 5 service cars.
Operations for year ending September 30, 1877. — Trains run — 19,094 miles.
Passengers carried, 9,597. Carried one mile, 99,399. Freight moved, 53,000 tons.
Earnings.
From Passengers $3,202 11
" Freight, etc 35,217 55
$38,419 66
Expenditures.
For Operating Expenses $20,715 08
" Net Earnings 17,70458
$38,419 66
Payments from net earnings — interest on funded debt, $15,452.48 ; other pay
ments, $2,451.60.
KAILROAD MANUAL OF THE UNITED STATES.
Abstract of operations and general account for seven years :
15
Years.
MileB.
En-
gines.
Cars.
Pas-
sengers.
Train
Miles.
Gross
Earnings.
Net
Earnings.
Capital
Stock.
Funded
Debt.
Cost of
Construc-
tion.
1871 .
22
22
22
22
22
22
22
5
5
5
5
4
4
4
210
237
218
213
208
209
209
$83,429 59 $35,520 95
80,652 80 22,757 91
70,951 82 28,681 23
65,979 11 24,310 60
53,784 91 22,242 94
41,581 89 18,302 18
38,419 66 17,704 58
$100,000
100,000
100,000
100,000
100,000
100,000
100,000
$242,700
232,700
227,700
222,700
217,500
212,700
206,700
$609,000
364,000
364,000
364.000
388,000
369,000
364,000
1872
36,435
29,471
26,498
14,342
9,987
9,597
1873
1874
46,154
30,576
24,840
19,094
1875
1876
1877
Financial Statement, September 30, 1877.— Capital stock authorized, $2,000,000;
paid in, $100,000. Funded debt, 1st mortgage (C. and B. R. R.) 6 per cent, bonds,
dated July 1, 1864, interest payable January and July, and principal July 1, 1879,
$95,200; 2d mortgage (C. and B. R. R.) 6 per cent, bonds (date and due same as
first), $17,500 ; and Calais 6 per cent, bonds (Lewey's Island), dated December 1,
1856, interest June and December, principal December 1, 1891, $94,000 — total, $206,-
700; bills payable, $5,400. Total stock, bonds and debt, $212,100. Per contra:
Construction account, $864,000 ; bills receivable and accounts due, $18,011.66.
Directors (elected January 26, 1878). — George M. Porter, Henry F. Eaton, St.
Stephen's, N. B. ; E. A. Barnard, L. G. Downes, and E. C. Gates, Calais, Me.
GEORGE M. PORTER, President St. Stephen's, N. B.
Superintendent— $>. W. Haycock Calais, Me. | Freight Agent— W . Haycock Calais, Me.
Treasurer and Tkt. Agt.— S'imnel Black " " | Master Trans.— W. B. Foster " "
PRINCIPAL OFFICE AND ADDRESS , . . .Calais, Me.
SOMERSET RAILROAD. (In Progress.)
Line of Road. — West Waterville, Me., to Solon, Me 32 miles.
In operation : West Waterville to Anson 25 «
Sidings, etc., 0.73 mile. Gauge, 4 feet 8| inches. Rail, 50 Ibs. to yard.
This company was chartered about 1870, and the road was opened to its present
terminus in January, 1874.
Rolling1 Stock. — Locomotive engines, 2. Cars — passenger, 1 ; baggage and mail,
1 ; and freight, 7 — total revenue cars, 9.
Operations for year ending September 30, 1877.— Trains run, 15,725 miles ; pas-
sengers carried, 7,831. Freight moved, 12,389 tons. Earnings— from passengers,
$6,603.17; from freight, $19,318.90; miscellaneous, $1,275.49— total, $27,837.64.
Operating expenses, $20,533.77.
Balance— net earnings, $7,303.87, applied to floating debt.
Financial Statement, September 30, 1877.— Capital stock authorized, $2,500,-
000 ; paid in, $315,739.43 ; funded debt, $450,000, 7 per cent, bonds, payable July 1,
1891 ; sundry accounts, $79,412.37— total, .$845,151.80. Per contra : Cost of road,
$737,447.56 ; equipment, $6,715— total, $750,877.56.
16 EAILEOAD MANUAL OF THE UNITED STATES.
Abstract of operations and general account for three years :
tn
1
Cost of
Years.
Miles.
R. R.
I)
a
i*
a
O
Passen-
gers.
Freight
Tons.
Train
Miles.
Gross
Earnings.
Net
Earnings.
Capital
Stock.
Funded
Debt.
Construc-
tion.
W
1874-75.
23.5
2
13
6,403
1,993
11,752
$16,047 26
$4,494 26
$301,899
$317,400
$613,390
1875-76.
23.5
2
13
8,976
1,680
17,697
19,952 28
5,549 37
301,899
450,000
777,487
1876-77.
25.0
2
9
7,831
12,389
15,725
27,837 64
7,303 87
315,739
450,000
750,878
Directors (elected June 9, 1877). — Edward Rowe, W. H. Brown, Wm. Atkinson,
John Carney, R. B. Dunn, John Ayer, T. F. Boothby, S. B. Cragin, and O. H.
McFaddeu.
JOHN AYER, President and Supt West Waterville, Me.
Treasurer— A. R. Small W. Waterville, Me. I Secretary— Ed. Rowe W. Waterville, Me.
Chief Eng.— M. M. Thompson No. Anson, Me. [ Gen. Tkt. and Frt. Agt.—Vf. M. Ayer, " "
PRINCIPAL OFFICE AND ADDRESS West Waterville, Me.
WHITNETVILLE AND MACHIASPOKT EAILKOAD.
Line of Road. — Whitneyville, Me., to Machiasport, Me 7.50 miles.
Superstructure : Sleepers, on which £ inch strap iron is laid.
This company was chartered March 3, 1842, and the road opened in 1843.
Rolling Stock. — Locomotive engines, 2 ; freight cars, 46. Earnings for year
1877, $6,625.
Capital stock, $100,000, representing cost of road.
This road is owned by a manufacturing company, and was constructed in 1842-43
for the purpose of moving lumber from the mills on Machias River to the port at
tidewater.
No returns of operations are published.
CORNELIUS SULLIVAN, Treasurer Boston, Mass. '
PRINCIPAL OFFICE AND ADDRESS Machiasport, Me.
RAILEOAD MANUAL OF THE UNITED STATES,
17
OF NEW HAJVTFSHIRE.
Area, 9,280 miles. Population, 336,606. Assessed valuation, $199,080,353.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Track.
Length of Line.
Total.
N. Hamp.
1. Asliuelot (Connecticut River). ...[Massachusetts
2. Atlantic and St. Lawrence (G. T.) [Maine
Ft. In.
4:8*
4:8*
4:8*
4:8*
4:8*
4:8^
4:8*
4:8*
4:8*
4:8*
4:8*
4:8^
4:8^
4:8*
4:8*
4:8*
5:3
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8^
4 :8*
4:8*
4:8*
4:8*
4:8*
4:8*
M.
23.85
149.50
166.56
126.50
12.00
53.62
42.00
71.00
40.50
29.00
16.55
23.62
6.00
22.39
19.00
15.80
3.00
20.21
14.50
48.81
82.91
10.50
94.00
52.50
71.37
10.88
25.50
18.00
4.50
15.50
12.03
45.69
M.
23.00
52.00
166.56
37.50
12.00
42.81
42.00
71.00
40.50
29.00
16.55
9.37
6.00
22.39
19.00
13.76
3.00
4.75
5.25
48.81
82.91
10.50
43.00
3.10
68.82
10.88
25.50
18.00
2.25
15.50
12.03
6.63
3. Boston, Concord, and Montreal
4. Boston and Maine .... [Massachusetts and Maine
5. Brown Lumber (B., C. and M.)
6. Cheshire
7. Concord
8. Concord and Claremont
9. Concord and Portsmouth (Concord)
10. Dover & Winnipiseogee (B. & M.). [Massachusetts
11. Eastern (E. of Mass.)
12. Fitchburg (Branch) [Massachusetts
13. Manchester and Keene
14. Manchester and Lawrence
15. Manchester and North Weare (Concord)
16- Monadnock (B., B. and G.) [Massachusetts
17. Mount Washington
18. Nashua, Acton and Boston (Concord)
19. Nashua and Lowell
20. Nashua & Rochester (W. & N.). .[Massachusetts
21. Northern
22. Peterborough (Nashua and Lowell)
23 Portland and Ogdensburg [Maine
24. Portland and Rochester [Maine
25. Portsmouth, Gt. Falls and Con way (E.). . [Mass.
26. Portsmouth and Dover (E.) [Massachusetts
27. Sullivan County (Central Vermont). . . [Vermont
28. Suncook Valley (Concord)
29. West Amesbury (B. and M.). . . .[Massachusetts
80. Wilton (Nashua and Lowell)
31. Wolfeborough (Eastern) [Massachusetts
32. Worcester and Nashua [Massachusetts
Total Len firth..
1,347.79
964.37
18 RAILROAD MANUAL OF THE UNITED STATES.
BOSTON, COKCOKD AM) MONTREAL RAILEOAD.
Line of Road.— Concord, N. H., to Groveton Junction, K H 146.17 miles.
Branch : Wing Road to Mount Washington 20.39 "
Total length of railroad operated 166.56 miles.
{Sidings and other tracks, 19 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
Chartered December 27, 1844. Opened from Concord to Plymouth, 1849; to
Wells River, 1853 ; to Northumberland, 1872 ; to Fabyan Place, July, 1874.
The White Mountains R. R. was consolidated with this road in August, 1872, by
the exchange of 6 per cent, bonds of the B., C. and M. R. R. Co. for stock of the
White Mountains R. R. to the amount of $200,000; but the purchase was net com-
pleted until 1874, when $100,000 additional bonds were issued, and the road ex-
tended to the base of Mount Washington. The lease of the South Eastern Counties
Railway of Canada to this company, equally with the Connecticut and Passumpsic
Rivers R. R. Co., expired by limitation in March, 1876, but the operations have been
continued on the same terms. The trains of the Portland and Ogdensburg R. R. also
run over this road between Fabyan's and the Connecticut River.
Rolling Stock. —Locomotive engines, 29. Cars— passenger, 25 ; drawing-room,
2; baggage, mail, and express, 15 ; and freight, 590. Total revenue cars, 632.
Operations for year ending March 31, 1877.— Trains run— passenger, 372,609;
freight, 310,125 ; and other, 20,751— total, 703,485 miles. Passengers carried, 211,689 ;
carried one mile, 7,499,539. Freight moved, 126,434 tons ; moved one mile, 7,586,019
tons.
Earnings.
From Passengers $250,295 36
" Freight 370,84970
" Mail and Express 26,433 98
Miscellaneous 1,72877
Expenditures.
For Maintenance of Way $112,600 11
" Rolling Stock 80,95139
" Transportation 226,711 72
Miscellaneous 38,11422
$649,307 81 $457,377 44
Balance — net earnings, $191 ,930.37. Included in operating expenses are $10,058.28
for taxes. Payments — interest, $145,662.55 ; dividend on preferred stock, 6 per cent.,
$44,655. In addition to earnings, there were received during the year $9,225.52 on
interest ; and $43,000 from sale of consolidated mortgage bonds, expended on the
Mt. Washington branch. There remained on hand $149,518.70 cash and bonds, as
against $139,573.80 at the close of the previous year.
Abstract of operations for ten years :
Fiscal
Years.
Miles
R. R.
Pas-
sengers.
Mileage.
Freight.
Mileage.
Gross
Earnings.
Net
Earnings.
Divi-
dends.
p.C.
1867-68..
114.32
' 123,334
7,340,040
57,856
3,471,360
$486,674 74
$150,725 85
$48,000
6
1868-69..
120.82
125,169
7,510,140
69,792
4,187,460
524,564 30
135,263 44
48,000
6
1869-70..
124.32
130,899
7,853,940
67,377
4,042,560
506,523 16
80,691 86
48,000
6
1870-71.
134.32
134,282
8,056,920
75,020
4,501,200
572,495 29
126,000 00
48,000
6
1871-72..
149.32
151,207
9,072,420
94,288
5,681,220
634,895 71
134,252 23
44,358
6
1872-73..
155.00
171,512
10,290,690
92,187
5,531,160
670,348 78
131,714 88
46,830
6
1873-74..
160.04
174,926
10,495,530
99,910
5,994,540
687,128 56
136,147 36
44,454
6
1874-75.
160.04
187,260
11,235,600
88,672
5,320,320
664,194 38
140,208 63
48,804
6
1875-76..
160.04
228,634
7,232,991
117,831
7,069,858
693,354 97
182,012 33
45,249
6
1876-77..
166.56
211,689
7,499,539
126,434
7,586,019
649,301 81
191,930 37
44,655
6
KALLROAD MANUAL OF THE UNITED STATES.
19
These dividends were paid on preferred stock. None paid on other stock.
General Balance, March 31, 1877.
Construction $2,850,000 00
Materials, etc 152,700 39
Sinking Fund 201,500 00
White Mountains R. R. and Branch. . 1,378,000 00
Sundry Accounts 54,165 83
Cash and Bonds on hand 155,327 70
Capital Stock (old) $459,600 QQ
" (preferred) 800,00000
" (new) 540,40000
Funded Debt 2,437,000 00
Miscellaneous Dues 11,705 89
Profit and Loss 561,446 96
$4,814,086 85
Abstract of general balances for seven years (March 31) :
$4,814,086 85
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Capital Stock
$
1,800000
$
1 800 000
$
1 800 000
$
1 800 000
$
1 800 000
$
1 800 000
$
1 800 000
Funded Debt
1,050.000
1,050 000
1 050000
2 016 400
2'l48'900
2 394 000
2 437 000
Unpaid Coupons and Divi-
dends
10,167
11,984
29603
13 162
10 390
12 067
15 640
Profit and Loss.
475 913
502 251
516 456
540 481
549 087
559 306
561 447
Total
3 336 080
3 364 235
3 396 059
4 370 043
4 509 077
4 765 373
4 814 087
Construction, etc
2,850 000
2850000
2 850 000
2 850 000
2 850 000
2 850 000
2 850 000
Materials
73,892
82,517
98 129
1 17 967
147 532
175 751
152 700
Sinking Fund
176,500
189,000
201,500
201,500
201,500
201 500
201 500
Branch Roads, etc
950000
1 090 000
1 335 000
1 378 000
Miscellaneous Accounts. . . .
40,055
43,421
44,550
57,5-24
' 58,088
43 548
62 368
Cash and Bonds on hand
195,633
199,297
201,880
193,051
161,957
159,574
169,519
Total
3,336,080
3,364,235
3,396,059
4 370 043
4 509 077
4 675 373
4 814 087
The funded debt consists of 6 per cent, bonds, of which $76,000 were due, 1865 ;
$350,000 due 1875 ; $624,000 due 1889, and $1,387,000 due 1893.
Directors (elected May 28, 1877). — John E. Lyon, Boston, Mass. ; Alexander H.
Tilton, Tilton, N. H.; Joseph P. Pitman, Laconia, N. H.; Peter Butler, Boston, Mass.;
John L. Rix, Milford, N. H. ; Samuel N. Bell, Manchester, N. H. ; and Joseph W.
Lang, Meredith, N. H.
JOHN E. LYON, President Boston, Mass.
Treasurer— Edward D. Harlow Boston, Mass.
Secretary— Charles M. Whittier... Plymouth, N. H.
Superintendent — Jos. A. Dodge. . . "
Road Master— L. D. Badger Lake Village, "
Master of Mack.— R. Adams. . .Lake Village, N. H.
Gen. Frt. Aqt.—W. A. Cobb Plymouth, "
Gen. Tkt. A'gt.—W. R. Brackett. " "
Purch. Agents— Lyon and Vose Boston, Mass.
PRINCIPAL OFFICE AND ADDRESS Plymouth, N. H.
Transfer Office 267 Washington Street, Boston, Mass.
CHESHIRE RAILROAD.
Line of Road. — South Ashburnham, Mass., to Bellows Falls, N. H. .53.62 miles.
Sidings, etc. 13.79 miles. Gauge, 4 feet 8| inches. Rail, 56 and 59 Ibs. Steel
xils, 82.69 miles.
20
RAILROAD MANUAL OF THE UNITED STATES.
Chartered December, 27, 1844, and road opened to Keene, May, 1848, and to
Bellows Falls, June, 1849. Most of the line is in New Hampshire, and the Massa-
chusetts part was chartered as the Winch endon R. R., but on consolidation took the
present title. The Vermont and Massachusetts, 10 5 miles, from South Asliburnham
to Fitchburg, is operated jointly with the Fitchburg R. R. Co.
Rolling Stock. — Locomotive engines, 81. Cars — passenger, 22 ; baggage, mail,
and express, 10 ; and freight (box, 256 ; platform, 151 ; other, 10), 417 — total revenue
cars, 449. Also, 2 snow plows.
Operations for year ending September 30, 1877.— Trains run— passenger, 132,280 ;
freight, 430,629 ; and other, 19,327— total, 582,236 miles. Passengers carried,
127,463 ; carried one mile, 4,038,809. Freight moved, 388,614 ; moved one mile,
20,883,008 tons.
Earnings. ><
From Passengers $132,627 91
" Freight 362,52336
" Mail and Express • 16,363 12
Miscellaneous 6,028 60
$517,542 99
Expenditures.
For Maintenance of Way $91,836 63
" Rolling Stock 53,89431
" Transportation 224,921 95
Miscellaneous 20,953 80
$391,606 71
Balance — net earnings, $125,936.28 ; add other income, $6,219.81, gives net
.available $132,156.09. Payments— taxes, $15,302.89; interest, $56,569.48; paid as
rent for use of Vermont and Mass. R. R., $54,000. Dividends (1 per cent.) $21,000;
total, $146,872.37 ; total surplus, $16,866.32.
Abstract of operations and general balances for ten years :
Fiscal
Train
Passen-
Tons
Gross
Net
Divi-
Capital
Cost of
"Years.
Miles.
gers.
Freight.
Earnings.
Earnings.
dends.
Stock.
Bonds.
R. R.
1867-68.
468,290
124,570
264,913
$715,528
$138,776
$88,421
$2,085,925
$771,800
$2,689,307
1868-69.
495,525
125,480
285,031
713,526
151,111
110,576
2,085,925
791,500
2,689,307
1869-70.
561,945
132,224
331,297
740,105
101,247
44,210
2,085,925
807,000
2,689,307
1870-71.
586,386
147,174
370,840
787,815
157,649
107,(i92
2,153,300
834,262
2,689,307
1871-72.
622.256
192,234
412,432
824,763
183,851
105,000
2,153,3(10
834,154
2,689,307
1872-73.
663,014
198,517
45«,358
8-19,086
241,572
105,000
2,153,300
808,400
2,689,307
1873-74.
618,149
177,646
425,418
750,1108
183,058
105,000
2,153,300
803,800
2,689,307
1874-75
633,277
161,892
415,714
658,373
101,047
84,000
2,153,300
774,600
2,689,307
1875-76.
(103,611
141,048
437,940
586,731
141,461
2,153,300
813,700
2,6^9,307
1876-77.
582,236
127,463
388,614
517,543
125,936
21,000
2,153,300
837,700
2,717,535
General Balance, September 30, 1877.
Construction Account $2,717,535 26
Materials 170,40256
5,000 00
Ashuelot R. R. Bonds.
Cash, etc 141,460 50
Capital Stock $2,153,300 00
Funded Debt 837,70000
Interest, Dividends and Bills Payable.
Profit and Loss . . .
$3,034,398 32
Statement of Funded Debt in Detail.
26,532 00
16,866 32
$3,034,398 32
Bonds due July 1, 1877, 6 p. c $1,300 00 | Bonds due July 1, 1880, 6 p. c. $586,400 00
Bonds due July 1, 1896, 6 p. c $250,000 00
Directors (elected May, 1877). — Ephraim Murdock, Jr., Winchendon, Mass. ;
BAILEOAD MANUAL OF THE UNITED STATES.
21
Win. A. Russell, Lawrence, Mass. ; John Henry Elliott, Keene, N. H. ; Samuel Gould,
John B. Meer, and George F. Williams, Boston, Mass.
EPHRAIM MURDOCK, JR., President Winchendon, Mass.
Treasurer— ¥. W. Everett Boston, Mass. Ticket Agent— George A. Brown Keene, N. H.
Superintendent— R. Stewart Keene, N. H.
Road Master — R. Hyland.
Purchasing Agent — H. H. Stone.
Cashier- -F. H. Kingsbury
Freight Agent— G. D. Chandler
Master Mechanic— F. A. Perry
Master Car Builder— A.. E. Howard.
PRINCIPAL OFFICE AND ADDRESS Keene, N. H.
Treasurer's Office No. 13 Railroad Exchange, Boston, Mass.
CONCORD KAILKOAD.
Line of Road. — Concord, N. H., to Nashua, N. H. (double track) 35.0 miles
Branch : Concord to Hookset, N. H 7.0 "
Leased lines, named below 99.7 "
Total length of railroad owned, leased, and operated by company 141.7 miles.
Sidings and other tracks, 56.88 miles. Gauge, 4 feet 8f inches. Rails, 56 Ibs. Steel
rails, 30 miles.
Chartered June 27, 1835 ; commenced 1841 ; opened September 7, 1842.
The Concord and Portsmouth R. R. is operated under a lease of 99 years
from 1861, at an annual rental of $25,000. The Hookset Branch is owned jointly with
the Manchester and Lawrence R. R. Co. The Manchester and North Weare R. R. is
owned by, and the Suncook Valley R. R. leased to, the Concord R. R. Co., and the
accounts of all these roads are kept by the latter, and included in the statement be-
low. The lease of the Nashua, Acton and Boston R. R. is for 10 years from January
1, 1876, at an annual rental of $11,000.
Rolling1 Stock. — Locomotive engines, 38. Cars — passenger, 44 ; baggage, mail,
and express, 16 ; and freight (box, 233; platform, 532 ; coal, 157), 922 — total revenue
cars, 982. Also 24 service cars.
Operations for year ending March 31, 1877. — Trains run— passenger, 228,013 ;
freight, 254,888 ; and other, 187,385— total, 670,286 miles. Passengers carried, 529,-
335 ; carried one mile, 12,067,832. Freight moved, 612,756 tons ; moved one mile,
19,111,714 tons.
Earnings.
From Passengers $320,829 82
" Freight 519,367 92
" Mail and Express - 87,551 70
Miscellaneous 3,773 64
Expenditures.
For Maintenance of Way $203,771 65
" Rolling Stock 52,60058
" Transportation 310,468 28
Miscellaneous . . , 9,926 24
$871,528 08 $576,766 75
Balance — net earnings, $294,761.33. Payments from net earnings — taxes,
22
KAILROAD MANUAL OF THE UNITED STATES.
$33,423.29 ; dividends (10 per cent.), $150,000 ; M. and L. R. R., $67,590.13 ; C. and
P. R. R., $25,000 ; Suncook Valley R. R., $8,094 ; Nashua, Acton and Boston R. R.,
$10,000. Balance to contingent fund, $653.91.
Abstract of operations for ten years :
Fiscal
Years.
Miles
R. R.
Passen-
gers.
Train
Mileage.
Tons
Freight.
Train
Mileage.
Gross
Earnings.
Net
Earnings.
Working
Expenses.
Divi-
dend.
p.c.
1867-68...
1868-69...
1869-70. . .
95.0
119.5
119.5
403,974
415,225
212,006
198,580
421,629
480,149
299,925
321,797
$826,635
806,150
855,322
$346,495
153,165
153,944
tf 480, 140
t652,985
t701,378
$150,000
150,000
150,000
10
10
10
1870-71 . . .
119.5
*925,000
152,088
177-2,912
150,000
10
1871-72. . .
1872-73...
1873-74...
1874-75...
1875-76...
1876-77. . .
119.5
119.5
121.5
121.5
141.7
141.7
522,307
613,842
614,327
,546,115
560,860
529,335
241,474
282,309
243,710
258,161
225,493
228,013
691,429
692,768
730,732
691,972
625,364
617,756
461.243
510,027
520,174
499,292
251,648
254,888
996,224
1,040,115
1,041,439
1,002,951
950,358
871,528
424,865
351,888
304,742
310,904
275,298
294,761
571,359
688,226
736,697
692,046
675.060
576,767
150,000
150.000
150,000
150,000
150,000
150,000
10
10
10
10
10
10
* Estimated. t Including rentals on leased roads.
Summary of rental, capital stock, funded debt, cost, etc., of leased lines :
Rental.
Capital
Stock.
Funded
Debt.
Other Debt.
Cost of
Construc-
tion.
Concord and Portsmouth R. R
$25,000
$350,000
$350,000
Manchester and North Weare R. R.. .
Incl. above.
200,000
200,000
Nashua, A. and Boston R. R
11,000
500,000
$495,856
$243,699
967,989
Suncook Valley
8,094
244,000
244,000
$44,094
$1,294,000
$495,856
$243,699
$1,761,989
General Balance, March 31, 1877.
Construction Account $1,500,000 00
Portsmouth Wharf 51,507 72
Suncook Valley R. R 127,165 10
Sundry Accounts 12,589 80
Cash 96,06201
Notes Receivable 76,96161
$1,864,286 24
Capital Stock $1,500,000 00
Notes Payable 132,936 22
Interest 44,332 16
Contingent Account 109,632 86
Dividend Unpaid 2,385,00
Dividend, May 1, 1877 75,000 00
$1,864,286 24
Tliere has been no material change in the general balance for the lt.st ten years,
except as relates to the Suncook Valley Railroad.
Directors (elected May 29, 1877).— Onslow Stearns, Concord, N. H. ; John E.
Lyon and John A. Burnham, Boston, Mass. ; James W. Johnson, Enfield, N. H. ;
Frederick Smyth and Samuel N. Bell, Manchester, N. H. ; Joseph P. Pitman,
Laconia, N. H.
ONSLOW STEARNS, President Concord, N. H.
Treasurer — Nathan Parker Manchester, N. H.
Secretary — J. W. Fellows "
Supt.&Purch. Agt. — E.II.Chamberlain,Concord,"
Gen. Tkt. Agt.— 3. W. Wardwell... Concord, N. H.
Gen. Frt. Agt.—J. W. Hildreth. ...
Master Mach.— J. T. Gordon.. " "
PRINCIPAL OFFICE AND ADDRESS Concord, N. H.
BAILROAD MANUAL OF THE UNITED STATES. 23
CONCORD AND PORTSMOUTH RAILROAD.
This road extends from Portsmouth, N. H., to Manchester, N. H., 40.5 miles,
and uses the Hookset Branch, 7.5 miles, to Concord, a total of 48 miles. It was
chartered in 1845, and opened in 1852. The Concord R. R. Co. furnish all the rolling
stock, and pay an annual rent of $25,000, being 7 per cent, on the capital stock of
$350,000, representing the cost of the road. A formal organization is maintained.
STEPHEN KENDRICK, President Franklin, N. H.
MANCHESTER AND NORTH WEARE RAILROAD.
This road extends from Manchester, N. H., to North Weare, N. H., 19 miles, and
is owned, equipped, and operated by the Concord R. R. Co. It was chartered in 1846,
and opened in 1850. No separate report is made of its operations, they being in-
cluded in the accounts of the Concord R. R.
NASHUA, ACTON AND BOSTON RAILROAD.
This road extends from Nashua, N. H., to North Acton, Mass., 20.21 miles, with
2.53 miles of sidings. It was opened in 1873, and leased to the Concord R. R. Co.
for ten years from January 1, 1876, at an annual rent of $11,000. The company also
purchased its rolling stock and fixtures. The total cost of road and equipment was
$1,043,481.05. Merely a nominal organization is maintained.
SUNCOOK VALLEY RAILROAD.
This road extends from Suncook, N. H., to Pittsfield, N. H., 18 miles. It was
chartered in 1849 and opened in 1870. It is leased to the Concord R. R. Co. at an
annual rent of 6 per cent, on the capital stock, the Concord R. R. Co. furnishing all
the rolling stock, etc. The rental paid for year ending March 31, 1877, was $8,094.
The capital stock is $244,000, representing the cost of the road.
SAMUEL N. BELL, President Manchester, N. H.
24: RATLKOAD MANUAL OF THE UNITED STATES.
Line of Road. — Concord, N. H. to Claremont, N. H 56 miles.
Branch, Contoocook, N. H., to Hillsborough, N. H 15 "
Total length of railroad owned and operated by company 71 miles.
Sidings and other tracks, 6.76 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs. to yard.
This line is formed by the consolidation in 1873 of the old Concord and Clare-
mont R. R., chartered June 24, 1848, opened July 10, 1850, and consolidated with the
Merrimac and Connecticut River Railroad in 1853; the Contoocook River Railroad,
chartered at the same time, and opened December, 1849 ; and the Sugar River Rail-
road, opened September, 1872. The road is controlled by the Northern R. R. of New
Hampshire.
Operations for year ending March 31, 1877. — Not reported. Gross earnings for
year, $148,444.26 ; operating expenses, $116,454.71— net earnings, $31,989.55. Pay-
ments from net earnings not reported.
Financial Statement. — The original cost of the road was $1,850,000, but in
reorganization, it was fixed at $1,500,000 — represented by $500,000 capital stock,
),000 unsecured bonds, and $500,000 first mortgage bonds.
ONSLOW STEARNS, President Concord, N. H.
PRINCIPAL OFFICE AND ADDRESS Concord, N. H.
MANCHESTER AND KEENE EAILROAD. (In Progress.)
Line of Road. — Manchester, N. H., to Keene, N. H 45 miles.
This company was chartered in 1864, and construction commenced in 1876. No
report of its financial condition is furnished. It is expected to complete the line from
Keene to Peterboro', 30 miles, during the current year.
THEODORE H. WOOD, President Nashua, N. H.
Treasurer— J. H. Buttrick Lowell, Mass. \ Secretary— T. "E. Hatch Keene, N. H.
PRINCIPAL OFFICE AND ADDRESS. Keene, N. H.
MANCHESTER AND LA WHENCE KAILKOAD.
Line of Road. — Manchester, N. H., to Lawrence, Mass 26.14 miles.
Sidings and other tracks, 3.12 miles. Gauge, 4 feet 8i inches. Rail, 56 Ibs.
Chartered June 30, 1847. Opened November 13, 1849. Operated under charters
granted by New Hampshire and Massachusetts. Under the former, the road was
BAILROAD MANUAL OF THE UNITED STATES.
25
built from Manchester to State Line, 22.39 miles ; under tlie latter, the Methuen
branch from State Line to Lawrence, 3.75 miles, rented for $11,000 per year to the
M. and L. R. R. Co.
Hulling Stock.— Owned jointly with Concord R. R., and included therein.
Operations for year ending March 31, 1877. — Trains run — passenger, 49,762;
freight, 19,708— total, 69,470 miles. Passengers carried, 120,701 ; carried one mile,
1,702,602. Freight moved, 48,516 tons ; moved one mile, 777,239 tons.
Earnings.
From Passengers $60,536 89
" Freight, etc 117,164 70
$177,701 59
Expenditures.
Maintenance of Way $15,082 45
Transportation, etc 62,183 20
$77,265 65
Balance — net earnings, $100,435.94. Payments from net earnings — dividends
(two of 5 per cent, each), $100,000; balance, surplus for year, $435.94.
Abstract of operations for six years :
Fiscal
Miles
Passen-
Train
Tons
Train
Gross
Net*
Operating
Divi-
0
Years.
R. K.
gers.
Mileage.
Freight.
Mileage.
Earnings.
Earnings.
Expenses.
dends.
ft
1871-72.
26
134,844
55,233
80,906
19,987
$193,905
$100,565
$93,339
$100,000
10
1872-73.
26
158,954
54.473
79,434
20,705
177,083
100,505
77,578
100,000
10
1873-74.
26
161,000
55,083
72,315
22,857
190,037
100,723
89,314
100,000
10
1874-75.
26
143,401
55,756
81,838
24,074
183,646
101,117
82,528
100,000
10
1875-76.
26
121.727
51,404
66,145
20,045
179,246
100,687
78,560
100,000
10
1876-77.
26
120,701
49,762
48,516
19,708
177,702
100,436
77,266
100,000
10
* Including payments made by Concord R. R. on through business.
General Balance, March 31, 1877.
Construction $1 ,000,000 00
Other R. Rs., Telegraph, etc.
Cash..
72,123 95
52,160 39
$1,124,284 34
Capital Stock $1,000,000 00
Notes Payable, etc 34,551 73
Income and Expense 89,732 61
$1,124,284 34
There has been no substantial change in the financial statements of this road for
the past ten years.
Directors (Elected May 25, 1877).— E. A. Straw and B. F. Martin, Manchester,
N. H. ; Nathan Parker, Hooksett, N. H. ; Edward A. Abbott, Boston, Mass. ; Joseph W.
Smith, Andover, Mass. ; William W. Stickney, Exeter, N. H. ; and Aretas Blood,
Manchester, N. H.
E. A. STRAW, President Concord, N. H.
Treasurer— G. B. Chandler Manchester, N. H.
Secretary— S. N. Bell " "
Supt. — Horace E. Chamberlin Concord, N. H.
Asst. Supt.—J. W. Hildreth " "
PRINCIPAL OFFICE AND ADDRESS Manchester, N. H.
26 RAILKOAD MANUAL OF THE UNITED STATES.
MOUNT WASHINGTON KAILKOAD.
Line of Road. — Base of Mountain to Summit 3 miles.
Gauge, 5 feet 3 inches. Chartered, 1853. Opened, 1872.
Operations for year 1876. — Receipts from passengers, $17,889.66; from other
sources, $1,504.64— total, $19,394.30. Operating expenses, $20,622.08. Deficit,
$1,227.78.
Cost of road, $150,000.
SYLVESTER MARSH, President Littleton, N. H.
Treasurer — J. E. Lyon Boston, Mass. | Manager — Walter Aiken Franklin, N. H.
PRINCIPAL OFFICE AND ADDRESS Littleton, N. H.
NASHUA AND LOWELL EAILKOAD.
Line of Road.— Nashua, N. H., to Lowell, Mass, (double track) 14.50 miles.
Leased lines, named below 39. 16 "
Total length of line owned, leased, and operated 53.66 miles.
Sidings, etc., 11.39 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs. Steel rail, 5.96
miles.
Chartered in New Hampshire June 26, 1835, and in Massachusetts April 16, 1836,
and road opened October 8, 1838. In 1857 a contract was made with Boston and
Lowell R. R. Co., by which the operations of the two lines were placed under the
same management for 20 years from April 1, 1860, the net earnings to be divided in
the proportion of 31 per cent, to the N. & L. R. R. Co. , and 69 per cent, to the B. &
L. R. R. Co. Since that date, the two companies, with all their branches and leased
lines, have been worked as one.
LEASED LINES : Wilton R. R 15.50 miles.
Peterboro R. R 10.50 miles.
Stony Brook R. R. . , 13.16 "
Rolling1 Stock. — Locomotive engines, 21. Cars — passenger, 28 ; baggage, mail,
and express, 9; and freight (box, 159; platform, 152; stock, coal, and other, 133),
444 — total revenue cars, 481. Also, 32 service cars and 8 snow plows.
Operations for year ending September 30, 1877. — Trains run — passenger, 237,-
190 ; freight, 185,042— total, 422,232 miles. Passengers carried, 872,397 ; carried one
mile, 11,049,587. Freight moved, 255,381 tons ; moved one mile, 7,119,318 tons.
Total.. ..39. 16 miles.
Earnings.
From Passengers .$227,76803
" Freight 264,13666
" Mail and Express 14,14216
$506,046 55
Expenditures.
For Maintenance of Way $80,517 14
" RollingStock 51,11744
" Transportation, etc 232.349 73
$363,984 31
BAILED AD MANUAL OF THE UNITED STATES.
27
Balance — net earnings, $142,062.24. Payments from net earnings— interest,
$17,064.76; rents, $90,153.94; dividends (4 per cent.), $32,000. Balance, surplus,
$2,843.54.
Abstract of operations and general balances for ten years :
Years.
Miles
R.R.
02
B
g
W
Cars.
Passen-
gers.
Tons
Freight.
Gross
Earnings.
Net
Earnings.
Divi-
dends.
Capital
Stock.
Funded
Debt.
Cost of
Construc-
tion.
c
W
18fi7-fi8
32 00
12
338
493 285
185 879
$430 649
$86 145
$72,000
&720.ono
$737,706
1868-69
SQ m
13
353
583 566
199 012
472 574
83814
72,000 720,000
737,706
1869 70 ; S9 on
14
375
fi«9l 232
238 '233
494376
88,170
72,000 720,000
737,706
1870-71
33 00
15
413 1 794 297 : 246,558
544,613
102,415
80,000 800,000
855,281
1871 72
33 00
17
451 R7* <U7 ' 287. R75
587,899
86,914
80,000 800,000
874,234
1872-73.
43.00
18
457
937,628
272,088
615,846
83,452
80,000 800,000
$105,535
927,859
1873-74.
53.66
19
476
946,432
259,954
590,147
75,543
72,000
800,000
200,000
1,084,221
1874-75
53 66
19
474
935 200 ' 229 <v*a
518 399
56,465
800,000
200,000
1,109,698
1875-76.
53.66
19
472
866,884
249,561
502,025
133,720
16,000
800,000
200,000
1,117,518
1876-77.
53.66
21
481
872,397
255,381
506,047
142,062
32,000: 800,000
200,000
1,126,292
General Balance, September 30, 1877.
Construction Account $1 ,126,291 82
Notes Receivable
Materials
Sundry Accounts
Cash and Cash Items .
93,500 00
49,975 80
45,869 45
3,930 39
$1,316,567 46
Capital Stock $800,000 00
Funded Debt 200,000 00
Notes Payable 225,000 00
Dividends 16,749 00
Profitand Loss 74,818 46
$1,316,567 46
The funded debt consists of 6 per cent, gold bonds, due August 1, 1893.
The contract governing the operations of the N. and L. and B. and L. R. R. Cos.
will expire October 1, 1878.
Summary of leased lines, year ending September 30, 1876 :
Miles.
Rental.
Capital
Stock.
Funded
Debt.
Floating
Debt.
Cost of Con-
struction, etc.
PeterboroR. R. .
1050
$34 999 50
$384 675
$190 277 00
$5(58,700 00
Stony Brook R. R
13 16
18 300 00
300 000
5 236 03
300,093 57
WiltonR.R
15.50
12,836 42
215,000
19,600 00
234,600 00
39.16
$66,135 92
$900,275
$215,113 03
$1,103,393 57
Directors (elected January 5, 1878). — D. S. Richardson, Lowell, Mass. ; Onslow
Stearns, Concord, N. H. ; W. W. Bailey, Nashua, N. H. ; and Thomas Talbot, Boston,
Mass.
THOMAS TALBOT, President Boston, Mass.
Manager— H. Hosford Nashua, N. H. | Superintendent^- W. M. Parker Boston, Mass.
Treasurer— T '. H. Wood Nashua, N. H.
PRINCIPAL OFFICE AND ADDRESS Nashua, N. H.
RAILROAD MANUAL OF THE UNITED STATES.
PETEKBOEOUGH EAILEOAD.
Chartered July 9, 1869, and road opened January 1, 1874. It extends from Wil-
ton, N. H. to Greenfield, N. H., 10.5 miles, with 1 mile of sidings. It is leased to N.
and L. R. R. Co. for 20 years, at a rental of 6 per cent, on the cost of construction,
the N. and L. R. R. Co. furnishing equipment, etc.
Operations.— Included in lessees' returns. Lease rent for year ending September
30, 1877, $34,999.50.
Financial Statement, May 1, 1877.— Capital stock authorized, $600,000 ; sub-
scribed, $447,713 ; paid in, $384,675; borrowed on notes of company, $190,277 ; other,
$11,741. Per contra : Cost of road to date, $568,700.
JAMES SCOTT, President Peterboro', N. H.
STONY BEOOK EAILEOAD.
Chartered March 26, 1845, and road opened July 1, 1848. It extends from
Chelmsford, Mass., to Ayer, Mass., 13.16 miles, with 1 mile of sidings. It is leased
to N. and L. R. R. Co., at an annual rent of 6 per cent, on the cost.
Operations for the year ending September 30, 1877. — Included in lessees' returns,
Revenue (lease rent), $18,300 ; other income, $140— total, $18,440. Dividends (May
and November), 6 per cent., $18,000; other expenses, $159. Balance— surplus, $281.
Total surplus, $5,236.03.
Financial Statement.— Capital stock, $300,000; profit and loss, $5,236.03—
total, $305,236.03. Per contra: Construction, $300,093.57; cash, $5,142.46. Total,
$305,236.03.
JAMES B. FRANCIS, President ; Jacob Rogers, Treas. and Clk., Lowell, Mass.
WILTON EAILEOAD.
Chartered December 28, 1844, and road opened in 1851. It extends from Nashua,
N. H.,to Wilton, N. H., 15.5 miles, with 2.04 miles of sidings. It is leased to N. and
L. R. R. Co. at an annual rental of 7 per cent, on the capital stock of the company,
not to exceed $250,000, the rent in no year to be larger than the per cent, of dividends
earned by the N. and L. R. R. Co.
Operations for year ending September 30, 1877. — Included in lessees' returns.
Lease rent, $12.836,92.
Financial Statement, May 1, 1877. — Capital stock, $215,000 ; cosu of road and
appurtenances, $234,600 ; stock authorized, $251,000.
C. C. BOUTWELL, President Nashua, N. H.
RAILROAD MANUAL OF THE UNITED STATES.
29
1STORTHEKK (K H.) EAILROAD.
Line of Road. — Concord, N. H., to West Lebanon, N. H 69.50 miles.
Branch : Franklin, N. H., to Bristol, N. H 13.41 "
Total length of railroad owned and operated by company 82.91 miles.
Sidings and other tracks, 16.54 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
Chartered December 27, 1844. Opened May, 1848.
Rolling Stock. — Locomotive engines, 25. Cars — passenger, 16 ; baggage and
mail, 8; freight (box, 423; platform, 101), 524 — total revenue cars, 548. Also, 19
gravel cars.
Operations for year ending March 31, 1877. — Trains run — passenger, 190,218 ;
freight, 243,608 ; and other, 4,707— total, 438,533 miles. Passengers carried, 154,664 ;
carried one mile, 5,766,165. Freight moved, 823,513 tons ; moved one mile, 20,031,812
tons.
Earnings.
From Passengers $162,709 35
" Freight 267,506 63
" Mail and Express, etc 28,087 18
$458,303 16
Expenditures.
For Maintenance of Way $88,747 75
" Rolling Stock 40,43057
" Transportation, etc 225,709 26
$354,887 58
Balance — net earnings, $103,415.58 ; included in operating expenses are $32,-
264.24 taxes, and $19,734.49 for new rails ; received from interest account, $33,090.49 ;
an old account, $27,055.88— total net, $163,561.95. Payments from net earnings-
dividends (5 per cent.), $149,885. Balance from last account, $23,335.91. Balance
on hand, $37,012,86.
Abstract of operations and general account for five years:
Years.
Train
Miles.
Passen-
gers.
Freight
Tons,
Gross
Earn-
ings.
Net
Earn-
ings.
Divi-
dends.
00 .
r2W
l«
4
0
i
w
Cars.
Capital
Stock.
Funded
Debt.
Cost
of
Road.
1872-73.
506,548
195,406
411,888
$706,355
$267,686
$239,848
83
27
542
$3,068,400
$102.100
$3,068,400
1873-74.
477,456 199,066
382,947
107,760
280,836
239,848
83
29 536
3,068,400 102.100
3,068,400
1874-75.
501,264 181,268: 416,013
636,126
208,998
209,867
83
29
536
3.068,400
100
3,068,400
1875-76.
458,986
163.229
345,713
503,985
163,449
149,905
83
27 548
3,068,400
100
3,068,400
1876-77.
438,533
154,664
323,513
458,303
103,416
149,885
83
25
548
3,068,401)
100
3,068,400
General Balance, March 31, 1877.
Construction Account $3,068,400 00
Materials 150,47876
Bills Receivable 260,024 50
Sundry Accounts 99,775 05
Cash 61,40246
Concord & Claremont R. R 254,245 72
Capital Stock $3,068,400 00
FundedDebt 100 00
Bills Payable 198,000 00
Interest and Dividends 84,082 76
Contingent Fund 506,730 87
Profit and Loss... 37,01286
$3,894,326 49 $3,894,326 49
The funded debt included in the above balance was due April 1, 1874.
30 BAILKOAD MANUAL OF THE UNITED STATES.
Directors (elected May 31, 1877). — Onslow Stearns, Concord, N. H.; John A.
Burnham, Edward Lawrence, Boston, Mass. ; George W. Nesmith, Franklin, N. H. ;
Josiali Minot, Concord, N. H. ; and C. F. Clioate and Uriel Crocker, Boston, Mass.
ONSLOW STEARNS, President Concord, N. H.
Treasurer — Josiah Minot Boston, Mass.
Secretary— W. L. Foster Concord, N. H.
Superintendent— George E. Todd.. "
J. F. Richardson. Franklin, '
Supt. of Bridges — N. W. Morse Lebanon, N. H.
Mast, of Machinery — J. N. Lander. Concord, "
Mast, of Car Repairs— K. Lang maid "
Gen. Ticket, and freight Agt.—W. F. Simons, "
Road Masters— j j ^ Richardson. .Canaan,
PRINCIPAL OFFICE AND ADDRESS Concord, N. H.
PETEKBOBOUGH AND HILLSBOROUGH E.E. (In Progress.)
Line of Road. — Peterborough, N. H., to Hillsborough, N. H 18.5 miles.
This company was chartered in 1869, and the construction commenced in 1875.
The road is required to be completed in 1878, and aid has been furnished by the
Northern N. H. R. R. Co. The total stock is $500,000.
JONAS LIVINGSTON, President Peterborough, N. H.
PRINCIPAL OFFICE AND ADDRESS Peterborough, N. H.
RAILROAD MANUAL OF THE UNITED STATES.
31
ST.ATE OF VERMONT.
Area, 10,212 square miles. Population, 338,083. Assessed valuation, $104,516,352.
RAILROADS IN OPERATION, JANUARY 1, 1878.
COKPORATE TITLE.
Gauge of
Track.
Length of Line.
Total.
Vermont.
1. Addison (Central Vermont)
Ft. In.
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8>£
4:8*
4:8*
4:8*
4:8*
4:8*
4:8^
4:8*
4:8*
4:8*
4:8*
4:8^
4:8*
4:8*
4:8*
M.
15.60
23.85
149.50
61.00
35.00
118.00
110.30
16.50
57.00
28.85
20.00
37.96
6.00
121.00
182.62
120.00
6.17
24.00
65.00
21.31
4.10
1400
M.
15.60
0.85
15.50
61.00
35.00
118.00
110.30
16.50
6.00
28.85
20.00
37.96
6.00
121.00
35.41
120.00
6.17
24.00
65.00
10.31
4.10
14.00
2. Ashuelot (Conn. River) [Massachusetts
3. Atlantic and St Lawrence (G. T.) [Maine
4. Bennino-ton and Rutland
6. Central Vermont
7. Connecticut and Passumpsic Rivers
8. Grand Trunk of Canada ...
9. Lebanon Springs [New York
10. Missisquoi River (Central Vermont)
11. Missisquoi and Clyde (C and P R)
12. Montpelier and Wells River
13. Montpelier and White River (Central Vermont).
14. Portland and Ogdensburg
15. Rensselaerand Saratoga (D. andH.). [New York
16. Rutland (Central Vermont)
17. Southern Vermont (Troy and Boston)
18. Vermont Valley (Central Vermont)
19. Vermont and Canada (Central Vermont)
20. Vermont and Massachusetts (Central Vermont). .
21. West Castleton (R. and S.)
22. Woodstock
Total Length
1237.76
871.55
BEKNINGTON AND KUTLAOT) EAILEOAD.
Line of Road — Bennington, Vt., to Rutland, Vt 55 miles.
Branch, Bennington to New York State Line 6 "
Total length of line operated 61 miles.
Sidings, etc., 2 miles. Gauge, 4 feetj^ inches. Rail 56 Ibs.
32 EAILROAD MANUAL OF THE UNITED STATES.
Originally chartered November 5, 1845, as tlie Western Vermont R. R. Co., and
road opened July, 1852. It was subsequently taken possession of by the mortgage
Trustees and leased to the Troy and Boston R. R. Co. in 185? for ten years, at the
end of which time the Trustees again took possession. On the completion of the
Lebanon Springs R. R. in 1869, it was leased to the B. and R. R. R. Co., and the two
were consolidated, February, 1870, under the name of the Harlem Extension R. R.
This road was leased in 1873 to the Central Vermont R. R. Co., but the lease was ter-
minated in 1877, and the road was divided into its original parts, the portion in Ver-
mont resuming its title of Bennington and Rutland R. R.
No report of operations or financial condition is furnished. The cost as reported
at date of completion was $931,729.
The total earnings of the Harlem Extension R. R. for year ending September 30,
1876 (latest reported), were $269,960.23 ; operating expenses $212,088.71; net earn-
ings $57,871.52.
Directors, etc., not reported.
A. B. GAEDINER, President Bennington, Vt.
Superintendent— F. C. White... N. Bennington, Vt. | G. T. Agt.—H. W. Opperford...N. Bennington, Vt.
Treasurer— C. E. Houghton . . . . " " | Master Mach.—G. W. Blanchard, "
PRINCIPAL OFFICE AND ADDRESS North Bennington, Vt.
BUKLINGTON AND LAMOILLE EAILEOAD.
Line of Road — Burlington, Vt. to Cambridge Junction, Vt 35 miles.
Sidings, etc., 2 miles. Gauge, 4 feet 8^ inches. Rail, 56 Ibs.
This road was opened during the past year. No statement of its operations or
financial condition has been received.
W. B. HATCH, President Burlington, Vt.
Gen. Manager— D. C. Linsley Burlington, Vt. G. F. &Pass. Agt.—M. S. Sprague, Burlington, Vt.
Treasurer— E. W. Pech
PRINCIPAL OFFICE AND ADDRESS Burlington, Vt.
CENTEAL VEEMOJST T KAILEOAD.
Line of Road.— Windsor, Vt., to Rouse's Point, N. Y 158.00 miles.
Branches and leased lines, named below . .432.65 "
Total length of lines owned and leased 590.65 miles.
Sidings, etc., 70 miles, Gauge, 4 feet 8-J- inches. Rail, 60 Ibs. Steel rail, 61 miles.
This company was chartered under its present title, November 2, 1872. The
Vermont Central R. R. Co., was chartered October 31, 1843, and the road opened to
Burlington, December 31, 1849. August 24, 1849, it leased the Vermont and Canada
R. R., then nnder construction, agreeing to pay an annual rental of 8 per cent, on its
RAILROAD MANUAL OF THE UNITED STATES. 33
cost, and creating a mortgage on their own road as security for such payment. This
lease has been the subject of almost continual litigation since 1854. The Vermont
Central R. R. Co. having defaulted on its interest and rental, the trustees under the
lease took possession of the road June 28, 1852, and it has ever since been operated
by them, under direction of the court. On the 1st of January, 1871, a lease was
taken of the Rutland R. R. and its leased lines, the lessees agreeing to pay $376,000
per year, and in addition $40,500 a year for four years ; $67,500 for two years ;
$81,000 per year for six years ; and $94,500 per year thereafter. This contract was
modified February 25, 1876, as hereafter stated. The roads transferred by this lease
to the Central Vermont R. R. Co. are named below. In September, 1861, a lease was
also taken of the Sullivan County R. R. of New Hampshire, at an annual rental of
$25,000. About 1867, the managers of the Vermont Central R. R. purchased the
Stanstead, Shefford and Chambly R. R., extending from St. John's, P. Q., 43 miles, to
Waterloo, P. Q., paying therefor $500,000 in bonds. They also took a lease of the
Missisqmoi R. R. The road from Canada line to St. John's is also operated by this
company, and is practically a portion of it, though chartered by the Provincial Par-
liament under the title of Montreal and Vermont Junction R. R. Co.
In addition to these lines, all of whose operations are included in those of the
Central Vermont R. R. Co. , the managers have a lease of the New London Northern
R. R. (100 miles) for 20 years, from December 1, 1871 ; and of a portion of the Ver-
mont and Massachusetts R. R. The operations of these roads are separately reported
and are not included in the list here given :
LEASED LINES :
Addison R. R 15.60 m.
Missisquoi R. R 28.85 "
Montpelier& White River R.R. 6.00 TT . TT -,-, T> D
Vermont Valley R. R ........ 24.00
Montreal & Vt. Junction R. R. 26.00 "
Rutland R. R ................ 120.00
Stanstead.Shefd&Cham.R.R. 40.50 m
Sullivan County R. R 26.00 "
Vermont and Canada R. R 65.00 • '
Vermont and Mass. R. R.. . 21.31 "
Total ................ 372.65m.
The affairs of the road are conducted by a board of trustees and managers
appointed by the Chancery Court of Vermont.
Rolling Stock. — Locomotive engines, 119. Cars — passenger, 70 ; baggage, mail
and express, 41; freight (box, 1,453; stock, 104; platform, 597 ; coal, 39) 2,193 —
total, 2,304.
Operations for year ending July 1, 1877.— Trains run— passenger, 814,187 ;
freight, 1,518,567 ; other, 48,747— total, 2,381,501 miles. Passengers carried, 842,748 ;
carried one mile, 25,292,866. Freight moved, 1,069,822 ; carried one mile, 127,762,140
tons.
Earnings. (All lines.) Expenditures.
From Passengers ..................... $991,175 52 | For Maintenance of Way ............. $653,252 II
Freight 1,858,063 54
" Mail and Express 140,879 13
Miscellaneous 192,223 84
f 3, 182,342 03
" Rolling Stock 281,61319
41 Transportation 1,146,685 60
Miscellaneous 277,693 53
$2,359,244 43
Balance — net earnings, $823,097.60. No report is made of the disposition of net
earnings.
The officers of the company refuse all information as to its financial condition,
3
RAILBOAD MANUAL OF THE UNITED STATES.
and the meagre reports of the Railroad Commissioner contain little information con-
cerning it. From a report to the stock and bondholders in 1872 (the latest issued) is
taken the following
Financial Statement. —
Liabilities.
1st Mortgage "
Guaranteed "
S. S. and C. "
2d Mortgage l< .
7 "
3,000,000 00
8 "
795,500 00
7 "
443,800 00
1,500,000 00
Total Bonded
Floating Debt. .
Debt
$7,739,300 00
. . 152.878.164 42
Assets.
Road (cost stated in 1865) $8,500,000 00
Rolling Stock (appraised value) 1,895,097 37
S. S. and C. R. R. (valued at) 860,000 00
$11,255,097 37
Available Assets $1,349,249 57
Whether there has been any change since that date is known only to the
managers. The value of materials on hand, July 1, 1876, is stated at $365,969.38.
Statement of trustees and managers Vermont Central and Vermont and Canada
R. Rs., in account with bondholders from June, 1858, to June, 1872 :
Receipts.
On hand, June,1858 :
Wood, Stock, etc $239,416,21
Equipment 568,835 00
Received since June, 1858 :
Loans, Bonds, etc 4,239,300 00
Notes, Bills, etc 2,878,164 42
Payments.
Outstanding Debts, June, 1858 $130,955 91
Interest and Coupons since 2,380,984 92
Rents 3,617,906 21
Real Estate, etc 2,536,895 14
Estimated Cost of Equipment 2,262,410 00
Wood, Stock, ete., on hand 3,014,626 17
Total Receipts $7,925,715 63 Total Payments $13,943,778 35
Abstract of operations for seven years :
Earnings.
Operating
Expenses.
Net Earnings.
Construction,
Interest, etc.
Year Ending May 31, 1870
$2,084,884 50
$1,495.907 51
$588,976 99
$1,057,973 10
Two Years Ending May 31, 1872
" June 30, 1874
" " " " " 1876
Year Ending June 30, 1877
4,395,384 17
6,809,011 03
5,244,636 17
3,132,342 03
3,004,890 34
5,363,459 58
3,551,065 52
2,359,244 43
1.390,493 83
1,445,551 45
1,693,570 65
823,097 60
Not reported.
M
(1
Directors (elected May 17, 1877).— B. P. Cheney, Otis Drury, James W. Emery,
and Jacob Edwards, Boston ; G. M. Rice, Worcester, Mass. ; J. R. Langdon, Mont-
pelier, Vt. ; J. Gregory Smith, St. Albans ; B. B. Smalley, Burlington ; J. W. Stewart,
Middlebury, Vt. ; W. C Smith, Bradley Barlow, St. Albans ; J. P. Clarke, Milton ; J.
H. Kimball, Bath, Me.
J. GREGORY SMITH, President St. Albans, Vt.
J. R. Langdon, Vice- President Montpelier, Vt.
Auditor— E. G. Lucas St. Albans, Vt.
Gen. Tkt. AgL—S. W. Cummingg..
Supt. of Machinery — J. M. Foss. . ..
Chief tingr. — W. E. Babbitt
Supt. Bridges— C. H. Clark
2nd Vice-Prest.— G. W. Bentley . . . .St. Albans, Vt.
Treasurer— D. D. Ranlett
General Supt.—J. W. Hobart
Supt. Traffic— L. Millis
Secretary— G. Nichols Northfield, "
PRINCIPAL OFFICE AND ADDRESS. . , St. Albans, Vt.
EAILKOAD MANUAL OF THE UNITED STATES. 35
ADDISON RAILROAD.
Chartered in 1870, and road opened December 1, 1871. It extends from Leicester
Junction to Vermont State line, near Fort Ticonderoga, 15.60 miles, with 1 mile of
sidings. It was leased, while under construction, to Rutland R. R. Co., for 7 per
cent, on the actual cost of construction, and lease 'transferred to Central Vermont R.
R. Co., and all operations are included in that company's reports.
Directors and Officers. — Same as Central Vermont R. R. Co.
MISSISQUOI RAILBQA1X
Chartered November 13, 1850, and road opened November 1, 1871. It extends
from St. Albans to Richford, Vt., 28.85 miles, with 2 miles of sidings. Pending its
completion, the Central Vermont R. R. Co. made a contract for a permanent lease,
stipulating to pay a rental of 40 per cent, of the gross earnings, with a guarantee
that they should be sufficient to pay interest on the 1st mortgage 7 per cent, bonds,
amounting to $500,000. All operations included in those of the lessees.
Directors and Officers. — Same as Central Vermont R. R. Co.
MONTPELIER AND WHITE KIYEK R. K. (In Progress.)
Line of Road. — Montpelier, Vt., to White River, Vt., about 55 miles
In operation : Barre Junction, Vt., to Barre, Vt 6 "
Sidings, 0.25 mile. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
The completed portion of this road was brought into operation in 1876, but no
report of its doings or financial condition is furnished. It is operated by the Central
Vermont R. R. Co.
Directors and Officers. — Not reported.
PRINCIPAL OFFICE AND ADDRESS Barre, Vt.
MONTREAL AND VERMONT JUNCTION RAILROAD.
Chartered by Canadian Parliament. Road extends from Province Line to St.
Johns, P. Q., 23.5 miles, or including the Vermont portion known as the Swanton
Branch, 26 miles. It is operated by the Central Vermont R. R. Co. as a part of the
Vermont and Canada R. R., in which all its operations are included.
Directors and Officers. — Same as Central Vermont R. R. Co.
36
RAILROAD MANUAL OF THE UNITED STATES.
KUTLAND KAILKOAD.
Line of Koad.— Bellows Falls, Vt., to Burlington, Vt ................ 120 miles.
Sidings, 26 miles. Gauge, 4 feet 8# inches. Rail, 56 Ibs.
Original charter November 1, 1843, as Champlain and Connecticut R. R. Co.,
and name changed to Rutland and Burlington R. R. Co. November 6, 1847. Road
opened December, 1849. In 1853 it was taken possession of by the trustees under
he mortgage, and continued under their control until July 9, 1867, when the com-
pany was reorganized under present title, by charter of March 28, 1867, the second
mortgage bondholders of the R. and B. R. R. Co. being authorized to convert their
bonds into common stock of the Rutland R. R. Co. December 30, 1870, a lease was
entered into with the managers of the Vt. and C. and the C. V. R. R. Cos., under
which the Rutland R. R., with all its leased lines, was to be operated for 20 years,
they agreeing to pay $376,000 per year, and in addition $94,500 for 1874 ; $108,000
for 1875 ; $148,500 for 1876; $162,000 for 1877 and 1878 ; $175,000 for 1879, and
thereafter. February 25, 1876, this contract was so modified that the gross earnings
of the Central Vt, V. and C., R., and Addison R. R. Cos. were to be added together,
and of the total amount 36£ per cent, were to be set apart as the proportion to be
paid to the Rutland and Addison R. R. Cos. ; and the Central Vt. was to retain 75 per
cent, of this sum for operating expenses, and the balance to be paid to the lessors,
the lessees guaranteeing an annual payment of $250,000 from February 1, 1875, with
$8,000 for expenses of organization, etc., payable in monthly instalments. Any
excess of $250,000 to be paid to lessors.
Rolling1 Stock. — Included in lessees' report.
Operations for year ending June 30, 1876. — Included in lessees' report. The
receipts for the year were $593,839.36, of which $525,811.46 was on account of rent.
The payments were rents to leased lines, $104,500 ; interest, coupons, etc., $220,388.36 ;
and the balance, $268,951, for miscellaneous expenses. Under the amended lease of
February, 1876, the amount received for rent for 6 months ending June 30, 1876, was
$189,000. JNo later report is furnished as to operations, the receipts being substan-
tially the same for 1877 as for 1876.
General Balance, July 1, 1877.
Construction Account $9,073,120 87 > Capital Stock $6,624,100 00
Real Estate 115,925 87
Addison R. R. Stock and Claim 224,931 26
Miscellaneous...
11,500 00
Bonded Debt ........ : ............... 2,299,60000
BillsPayable ........................ 250,00000
Dividend Scrip and Coupons ......... 251 ,778 00
$9,425,478 00
Of the stock, $2,480,600 is common, and $4,143,500 is preferred.
Statement of funded debt :
$9,425,478 00
Character of Bonds.
Date of
Bonds.
Interest.
When Payable.
Principal
Payable.
Autho-
rized.
Oat-
standing .
Equipment ....
May 1, 1870
7
Nov. and May.
1880
$500000
$500000
Sept. 1, 1870
8
Mch. and Sept.
1880
500,000
500000
First Mortgage..
Nov. 1, 1872
8
Nov. and May.
1902
1 500000
1 299 600
RAILROAD MANUAL OF THE UNITED STATES. 37
Directors (elected July 26, 1877). — John B. Page, John Prout, Rutland, Vt.;
Jacob Edwards, Wm. Sohier, J. S. Whitney, and Peter Butler, Boston, Mass.; Edwin
A. Birchard, Brandon, Vt. ; J. W. Hickock, Burlington, Vt.; and James H. Williams,
Bellows Falls, Vt.
JOHN B. PAGE, President Rutland, Vt.
ns. Agt. and Treas.—S. M. Haven, Rutland, Vt. | Cleric— B. B. Smaller Rutland
Superintendent— J '. Burdett Rutland, Vt.
PRINCIPAL OFFICE AND ADDRESS Rutland, Vt.
STANSTEAD, SHEFFOKD AND CHAMBLY EAILROAD.
Chartered by Canadian Parliament. It extends from St. Johns, P. Q., to Water-
loo, 40.5 miles, with 5 miles of sidings. Operated under lease by Central Vermont
R. R. Co. Details are given among the Canadian railways.
Officers.— Same as Central Vermont R. R. Co.
SULLIVAN COUNTY KAILKOAD.
Chartered July 10, 1846, and road opened February 5, 1849. It extends from
Windsor, Vt., to Bellows Falls, N. H., 26 miles, with 2 miles of sidings. Leased to
Vt. Central R. R. Co. September, 1861, at an annual rental of $25,000. Operations
included in lessees' returns.
Financial Statement, June 30, 1876. — Capital stock, $500,000, representing
nominal cost of road. Equipment furnished by lessees.
ONSLOW STEARNS, President Boston, Mass.
VEKMONT AND CANADA EAILEOAD.
Chartered October 31, 1845, and road opened in 1851. It extends from Essex
Junction to Rouse's Point, 47 miles, with a branch from Essex to Burlington, 8 miles,
and from Swanton to Canada Line, 10 miles, with 5 miles of sidings. The mileage from
Essex Junction to Rouse's Point is included in that of the Central Vermont R. R. A
contract was entered into August 24, 1849, with Vermont Central R. R. Co., for a per-
petual lease of the line at an annual rental of 8 per cent, on its cost, the V. and C. R.
R. R. taking as security for payment of rental a mortgage on the Vt. Central R. R.
38 EATLEOAD MANUAL OF THE UNITED STATES.
In December, 1854, there was a default in the payment of the lease rent, and in 1861
the 1st mortgage trustees of the Vt. Central R. R. were appointed receivers to man-
age both roads, which have since that time been operated together.
Rolling Stock. — Furnished by lessees.
Operations. — Included in lessees' report.
Financial Statement, June 30, 1876. — At the time of the lease the cost of con-
struction was fixed at $1,348,500 on which the annual rental would be $107,880. The
various extensions, and the funding of past due rentals, have brought up the capital
stock to $3,000,000. In addition, the following liabilities have been added ; 8 per
cent, equipment loan, $3,000,000 ; Missisquoi R. R. loan, $500,000; S., S. and C. R.
R. loan, $500,000 ; guaranteed 8 per cent, loan, 1871, $1,000,000 ; income and exten-
sion loan, 1872, $1,800,000 ; floating debt, estimated, $1,500.000 ; 1st mortgage loan,
$3,000,000 — total $11,300,000; representing outstanding cost of the above named
roads. The rental has not been paid since June 1, 1872. The validity of the guar-
antee on 1871 bonds is denied by the Vermont and Canada R. R. Co.
No later report furnished.
President— J. R. Nichols Haverhill, Mass. | Treasurer— A. G. Safford St. Albans, Vt.
YEBMONT AND MASSACHUSETTS KAILEOAD.
The Rutland R. R. Co. leased, for the purpose of connecting its line with the
New London Northern R. R., the Brattleboro Branch of the Vermont and Massachu-
setts R. R. from Brattleboro to Miller's Falls, 21.31 miles; and lease was transferred
by that company to the Central Vermont R. R. Co. It is for 15 years from December
1, 1870, at an annual rental of $42,000 for the first 5 years ; $48,000 for the second 5
years ; and $54,000 for the third 5 years.
All the operations of this portion of the Vermont and Massachusetts R. R. are
included in lessees' returns.
Directors and Officers. — See Fitchburg R. R. Co.
YEKMONT Y ALLEY RAILKOAD.
Chartered November 8, 1848, and road completed December, 1851. It extends
from Bellows Falls, Vt., to Brattleboro, Vt., 24 miles, with 4 miles of sidings. It
was leased May 12, 1865, to trustees, for 10 years from June 1, 1865, at an annual
rental of $60,000, payable monthly. Lease transferred January 23, 1871, to Rutland
R. R. Co, and by that company to Central Vermont R. R. Co., with its own lease.
Operated under provisions of that lease, by Central Vermont R. R. Co.
Operations for year. — Included in lessees' returns.
Financial Statement, June 30, 1876. — None reported. The original cost of the
road is given as $800,000. It was taken possession of by the trustees of the 1st mort-
gage, September 11, 1855, and has since been held by them.
Directors and Officers. — See Central Vermont R. R. Co.
KAILROAD MANUAL OF THE UNITED STATES.
39
CONNECTICUT AND PASSUMPSIC EIYERS EAILEOAD.
Line of Road. — White River Junction, Vt., to Derby (Canada) Line. .110.3 miles.
Leased : Massawippi Railway, Derby to Sherbrooke, Can 36.8 "
Operated: South Eastern Railway, St. John's, Can., to Newport, Vt 79.0 "
Total length of railroad owned, leased and operated by company. .226.1 miles.
Sidings and other tracks, 15 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
Chartered November 10, 1835 ; opened to Wells River, November 9, 1848 ; to
Barton, October 21, 1858 ; to Canada Line, 1866.
In March, 1875, the South Eastern, and Missisquoi and the Clyde River R. Rs.
were leased to this road for one year, the lease being shared equally with the Boston,
Concord and Montreal R. R. The South Eastern R. R. is intended to be completed
to the St. Lawrence River, at Sorel, during the present year. The M. and C. R. R. R.
is leased to the S. E., and is operated as part of it. The lease of the S. E. Railway
has expired, but the road continues to be operated as under lease.
Rolling Stock.— -Locomotive engines, 27. Cars — passenger, 14 ; baggage, mail
and express, 9 ; and freight, 660 — total revenue cars, 683. Also 7 snow plows, 20
gravel and 107 service cars.
Operations for year ending June 30, 1877. — Trains run — passenger, 252,927 ;
freight, 143,609 ; and other, 9,629— total 406,145 miles. Passengers carried, 166,183 ;
carried one mile, 5,619,829. Freight moved, 136,869 ; moved one mile, 7,618,721 tons.
Earnings.
From Passengers $230,714 02
" Freight 333,823 76
" Mail and Express 27,97874
Miscellaneous 12,079 15
$604,595 67
Expenditures.
For Maintenance of Way $115, 956 75
" Rolling Stock 54,09338
" Transportation 179,906 58
Miscellaneous 10,32864
$360,285 35
Balance — net earnings, $244,310.32 ; payments from net earnings — interest,
$130,273.62. Floating debt, $54,110.53. Balance, $59,926.17.
Abstract of operations for ten years :
Fiscal
Years.
Miles
of
Road.
Train
Mileage.
Passen-
gers.
Mileage.
Freight
Tons.
Mileage.
Gross
Earnings.
Net
Earnings.
Rate
of Divi-
dends.
1867-68.
110.3
185,392
112,817
3,518,067
74,757
3,712,070
$491,808 70
$171,914 24
6 cash.
1868-69.
110.3
190,409
118,019
3,747,271
87,2-22
4,799,290
529,347 08
192,184 13
6
1869-70.
110.3
210.834
122,619
3,760,543
91,709
5,448,558
585,151 32
179,463 48
6
1870-71 .
143-7
337,464
150,026
5,018,010
128,555
8,518,675
695,587 02
283,665 20
6
1871-72.
143-7
458,587
167,112
5,595,036
171,923
12,253,160
812,767 79
308,901 92
6
1872-73.
145-3
508,839
182,280
6,153,567
158,428
11,209.527
802,839 29
262,275 27
6
1873-74.
145-3
458,662
193,529
6,736,788
153,343
9,722,137
771,790 25
272,790 25
6
1874-75.
145-3
408,581
183,754
5,971,686
136,280
7,826,758
706,753 65
224,169 59
3.5
1875-76.
146.1
383,553
172,938
5,170,347
1-27,888
6.805,104
637,553 87
240,954 55
1876-77.
146.1
406,145
166,183
5,619,829
136,869
7,618,721
604,595 67
244,310 32
The figures for 1869-70 are for thirteen months, the close of the fiscal year hav-
ing been changed from May 31 to June 30, in consequence of the leasing of the Massa-
wippi R. R. from July 1, 1870.
EAILEOAD MANUAL OF THE UNITED STATES.
General Balance, July 31, 1877.
Construction Account $3,447,825 29
South Eastern K. R. Notes 228,806 86
Missisquoi & Clyde River R. R. Bonds. 350,000 00
Other Railroads 13,600 00
Sundry Accounts 18,107 89
Cash and Cash Items 220,07532
Capital Stock $2,175,700 00
Funded Debt 1,188,300 00
Notes (funded) 283,000 00
Reserve 391,467 57
Earnings 230,814 97
Sundry Accounts 9,132 82
$4,278,415 36 $4,278,415 36
The funded debt is due— $1,800, December 1, 1876; and $1,186,500, April 1,
1893. The notes— $160,000, various dates ; and $123,000, July 1, 1881. A mortgage
for $1,500,000 on the entire property was authorized in 1873, and 7 per cent, bonds,
interest payable April and October 1, prepared. These bonds are dated April 1, 1873,
and fall due in twenty years from date.
Abstract of general balance for ten years :
Capital
Bonds and
Sinking
Other
Reserve,
Construc-
Real
Superin-
Assets
Stock.
Notes.
Fund.
Accounts.
etc., etc.
tion
Account.
Estate.
tendent.
and cash.
$
$
$
$
$
$
$
$
$
1,966,698 23
947,800 00
70,200
20,016 08
104,791 76 1868
2,955,411 40! 6,378 14
130,632 33
17,084 20
2,087,883 23
795,000 00
93,000
22,232 60; 162,574 95 1869 2,996,180 99 6,378 14
125,847 95
32,283 74
2,126,258 21
956,000 00
102,1100
21,899 66! 91,704 92,1870 3,082,176 91
53,000 02
144,3v)5 91
18,289 97
2,126,778 23
1,015,228 70
98,200
29,499 09
111,747 27il871 3,145,380 00
60,329 04 131,610 13
44,134 12
2,124,500 00
1,357,100 00
97,900
77,462 71
113,549 90,1872 3,385,535 60, 63,151 54
218.327 211103,498 36
2,175,500001,762,767 27
120,144
41,542 47
73,900 00 1873 3,461,500 29 65,461 44
180;959 74 466,778 27
2,175.500 00 1,802,119 58
193,900
36,541 25
6,749 34 1874 3,4(11,500 29, 65,461 44
173.366 46i 514,481 98
2475,500 00 1.768,085 OS
192,925
59,897 56
1875 3,461,425 29 65,461 44
22,369 54; 647,351 57
2 175,700 00
1,749,500 00
152,500
54,646 95
343,832 14 187fi 3.447.S25 29 (W.fi5fi <¥)
959,697 80
2,175,700 00
1,471,300 00
236,947 79
391,467 57
1877
3,447,825 29
827,590 75
Directors (elected September 7, 1877). — Emmons Raymond, John E. Lyon, and
W. K. Blodgett, Boston, Mass. ; Stephen Foster, Stanstead, Can. ; Gardner C. Brown,
Boston, Mass. ; T. P. Redfield, Montpelier, Vt. ; Alden Speare, Newton, Mass. ; Lucius
Robinson, Newport, Vt. ; Anios Barnes, Boston, Mass.
EMMONS RAYMOND, President Boston, Mass.
T. P. Redfield, Vice- President Montpelier, Vt.
Treasurer — N. P. Levering Boston, Mass.
Secretary— Elijah Cleveland Coventry, Vt.
Superintendent — H. E. Folsom Lyndonville, "
Master Mechanic— John Holland. Lyndonville, Vt.
Gen. Tkt. Agt—Tx. P. Lovering, Jr.
Gen. Fgt. Agt Cunningham....
PRINCIPAL OFFICE AND ADDRESS Lyndonville, Vt.
Fiscal Agency No. 7 Merchants' Exchange, Boston, Mass.
MASSAWIPPI VALLEY EAILWAY.
This road forms the Canadian portion of the Connecticut and Passumpsic Rivers
R. R., and is an integral part of that road. It was opened from Canada Line to Sher-
brook, July 1, 1870, and has since been operated under lease, the lessees paying the
BAILROAD MANUAL OF THE UNITED STATES. 41
same dividends as tlieir own company on $400,000 of stock, and 6 per cent, gold in-
terest 011 $400,000 bonds, due 1889. No separate account is kept of operations or
financial condition of this company.
Directors and Officers. — Same as Conn, and P. R. R. Co.
SOUTH EASTEEN EAILWAY.
This railway, as projected, is to run from Sorel, on the St. Lawrence River, 93.5
miles, to Sutton, at the Canada Line, and thence to a connection with the Connecticut
and Passumpsic Rivers R. R., at Newport, 20 miles. At the close of the fiscal year,
all but 20 miles were completed. The portion in operation during the year, from St.
Johns, Canada, to Newport, Vt., 79 miles, was leased for one year, from March 15,
1875, to the C. and P. R. R. R. Co., jointly with the Boston, Concord and Montreal R.
R. Co., but the terms of lease are not stated. The operations are combined on the
same terms as under the lease. It is intended to complete the line during the cur-
rent year.
Rolling1 Stock and Operations. — Included in C. and P. R. R. R. Co.
Financial Statement. — Capital stock authorized, $2,000,000; subscribed, $1,328,-
160; paid in, $833,251. Funded debt (authorized, $3,200,000); $894,000, 6 per cent,
bonds. There is also a government bonus authorized of $443,000, of which $166,355
has been paid, and municipal subscriptions amounting to $438,000, making a total
subscribed capital and debt of $3,249,160, of which $1,893,606 have been paid up.
The cost as reported is $1,320,000. The C. and P. R. R. R. Co. hold the company's
notes, amounting to $221,131.17, secured by various collaterals.
Operating Officers. — Same as Conn, and Pass. River R. R. Co.
MONTPELIEE AOT3 WELLS EIYEK EAILEOAD.
Line of Road. — Montpelier Junction, Vt., to Wells River, Vt 37.96 miles.
Sidings, etc., 2 miles. Gauge, 4 feet 8 inches. Rail, 50 Ibs.
This company was chartered November 6, 1867, and the road was opened No-
vember 24, 1873. Soon after its opening it fell into trouble, and was taken posses-
sion of by the bondholders March 1, 1876, and reorganized January 1, 1877.
Rolling Stock. — Locomotive engines, 3. Cars — passenger, 5; baggage, etc. , 2 ;
freight, 53— total, 60.
Operations for year ending December 31, 1877. — Trains run and passengers car-
ried not reported. Earning— from passengers, $25,277.49 ; from freight, $45,781.19 ;
other sources, $6,094.76— total, $77,153.44. Operating expenses, $49,489.18 ; net earn-
ings, $37,664.26. Payments— rolling stock debt, $17,579.60 ; other, $1,341.84— total,
$18,921,44. Balance, $8,921.44.
42
RAILROAD MANUAL OF THE UNITED STATES.
Financial Statement, December 31, 1876.— Capital stock, $400,000; and 1st
mortgage 7 per cent, bonds, $800,000 — total stock and bonds, representing cost of
road, etc., $1,200,000.
The above statement was made before reorganization. No return of stock or
bonds is since furnished. The cost as reported by reorganized company is $99,742,82.
Directors (elected January 2, 1878).— T. P. Redfield, Montpelier, Vt. ; S. S.
Thompson, Lyndon, Vt. ; W. H. H. Bingham, Stowe, Vt. ; D. R. Sortwell, Cambridge,
Mass.; E. C. Sherman, Boston, Mass.
D. R. SORTWELL, President East Cambridge, Mass.
Treasurer Joel Foster, Jr. | Cashier F. W. Morse | Superintendent W. A. Stowell .
PRINCIPAL OFFICE AND ADDRESS Montpelier, Vt.
POKTLAKD AKD OGDENSBUBG K. E. (Vermont Div.)
Line of Road. — Lunenberg, Vt., to Swan ton, Vt 121 miles
Sidings and other tracks, 5 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
This road, under the name of Vermont Division of Portland and Ogdensburg R.
R., is a union of three separate lines, the Lamoille Valley, the Montpelier and St.
Johnsbury and the Essex County Railroads. The construction was commenced in
1871, and in 1875 an issue of consolidated bonds was made, covering the whole line,
the road being operated as if it belonged to a single corporation, by means of an ex-
ecutive committee chosen from members of the various organizations, who constitute,
in fact, directors of the whole line. Road opened, 1877.
Rolling Stock, — Locomotive engines, 5. Cars — passenger, 4 ; baggage, mail,
and express, 2; and freight (box, 32 ; platform, 20 ; other, 16) — total revenue cars, 74.
Operations for two years ending July 31, 1874. — Trains run — passenger, 66,441 ;
freight, 71,395 ; and other, 22,787— total, 160,623 miles. Passengers carried, 67,742 ;
carried one mile, 1,225,960. Freight moved, 36,017 tons ; moved one mile, 840,389.
Earnings.
From Passengers $53,073 39
" Freight 86,541 27
" Mail and Express 13,98887
$153,603 53
Expenditures.
For Maintenance of Way $95,608 20
" Rolling Stock 25,74200
" Transportation 22,089 00
$143,439 20
Balance — net earnings, $10,164.33. The net earnings were used in construction.
The above statement is the latest furnished. No statement was given in the re-
port of the R. R. Commissioner for 1876, and the officers refuse all information as to
earnings, etc. In 1876, the road was placed in the hands of receivers, by whom it has
been operated, and it is proposed to reorganize the company.
Financial Statement, December 31, 1876 (latest furnished). — Capital stock,
$1,200,000; funded debt, $2,300,000; cost of road to date, $3,800,000; equipment,
$100,000; real estate, etc., $25,000. The funded debt consists of 1st mortgage 6 per
BAILROAD MANUAL OF THE UNITED STATES. 43
cent, gold bonds, dated May 1, 1871, interest payable May and November, principal
May 1, 1891. The bonds are a 1st mortgage on the three lines from the Connecticut
River to Swanton, Vt., 115 miles.
In addition, preference bonds to the amount of $500,000, to furnish funds for the
completion of the road were issued. The bonds to bear 6 per cent, interest, and to
run twenty years from May 1, 1876, redeemable in five years, at the option of the
companies.
Executive Committee. — Horace Fairbanks, St. Johnsbury, Vt. ; A. B. Jewett,
Swanton, Vt.; George W. Hendee, Morrisville, Vt.; Calvin Morrill and Franklin
Fairbanks, St. Johnsbury, Vt.
HORACE FAIRBANKS, Chairman St. Johnsbury, Vt.
Cashier and Sec A. W. Hastings.
Gen. Supt A. B. Jewett.
Gen. Tkt. and Pas. Agt C. H. Stevens.
Receivers, -J £ WTI
Hastings.
PRINCIPAL OFFICE AND ADDRESS St. Johnsbury, Vt.
WOODSTOCK KAILKOAD.
Line of Road. — White River, Vt., to Woodstock, Vt 14 miles.
Sidings, etc., 0.20 mile. Gauge, 4 feet 8X inches. Rail, 56 Ibs.
This company was chartered October 30,1863, and road opened October 1, 1875.
Rolling1 Stock. — None owned.
Operations for year ending September 30, 1877. Trains run, 18,400 miles. Pas-
sengers carried, 14,495. Freight moved, 6,344 tons. Earnings — from passengers
$9,795.41; from freight, $10,951.94; express and mail, $1,247.12— total, $21,994.47.
Operating expenses, $21,726.47. Balance, net earnings, $268.00.
Financial Statement, September 30, 1877. Capital stock authorized sufficient
to complete the railroad. Subscribed, $262,200 ; paid in, $260,000 ; funded debt,
$250,000 7 per cent. bonds, due 1890. Cost of work to date, $510,000. The bonds are
guaranteed by the town of Woodstock.
Directors (elected January 9, 1878).— A. G. Dewey, S. S. Thompson, Charles
Dana, F. W. Clarke, L. Pratt, F. N. Billings, Edward Dana, C. S. Raymond, Otis
Chamberlin.
ALBERT G. DEWEY, President Quechee, Vt.
Treasurer Francis W. Clarke.
Superintendent James G. Porter.
Clerk Lather O. Greene.
Chief Engineer Hoeea Doton.
PRINCIPAL OFFICE AND ADDRESS Woodstock, Vt.
EAILROAD MANUAL OF THE UNITED STATES.
STA.TE OF MA.SSA.CHTJSETTS.
Area, 7,800 square miles. Population, 1,651,652. Assessed valuation, $2,013,794,103.
EAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Length
of Line.
Track.
Total.
Mass.
1. Ashburnham
Ft. In.
4:8^
M.
3.00
M.
3.00
2. Attleborough Branch (Boston and Providence). .
3. Berkshire (Housatonic) ,
4:8>sT
4:8^
4.00
22.00
4.00
22 00
4. Billerica and Bedford
2:
8.63
8.63
5. Boston and Albany
4:8>£
249.63
193.00
6. Boston, Barre and Gardner
4:8#
36 . 53
36.53
7. Boston, Clinton, Fitchburg and New Bedford. . .
8. Boston and Lowell
4:8#
4:8^
125.33
45.96
125.33
45.96
9. Boston and Maine
4:8^
126.50
42.50
10. Boston and Providence
4:8^
62.54
52.04
11. Boston, Revere Beach and Lynn
3:
8.80
8.80
12. Boston, Winthrop and Point Shirley
3:
2.00
2.00
13. Cheshire
4:8#
53.62
10.81
14. Connecticut River
4:8^
55.85
55.85
15. Danvers (Boston and Maine)
4:8#
9.26
9.26
16. Dorchester and Milton (Old Colony)
4:8^
3.30
3.30
17. Duxbury and Cohasset
4:8^
20.81
20.81
18. Eastern
4 8>s,
109 87
109 87
19. Fall River
4-8^
12 25
12 25
20. Fall River, Warren and Providence (O. C.)
21. Fitchburg
4:8^
4-8v
5.79
93 32
3.66
83.95
22. Framingham and Lowell (B. C. F. and N. B.). . .
23. Graf ton Centre
4:8^
3:
26.12
8.00
26.12
3.00
24. Hanover Branch
4:8#
8.00
8.00
25. Holyoke and Westfield (N. H. and N.)
4:8#
10.32
10.32
26. Hopkinton (Providence and Worcester)
4:8^
11.45
11.45
27. Horn Pond (Boston and Lowell)
4-8#
.66
.66
28. Lancaster '.....
4-8#
8.40
8.40
29. Lowell and Andover (Boston and Maine)
4:8^
10.10
10.10
30. Lowell and Lawrence ^Boston and Lowell)
4:8X
12.35
12.35
31. Martha's Vineyard
3-
8 78
8.78
32. Middlesex Central (Boston and Lowell)
4:8#
8.00
8.00
33. Milford and Woonsocket (P. and W.)
4:8^
3.88
3.88
34. Monadnock (B., B. and G.)
4:8^
15.80
2.04
35. Nashua, Acton and Boston (M. and L/). .
4:8*
20.21
15.46
BAILKOAD MANUAL OF THE UNITED STATES.
STATE OF MASSACHUSETTS— Continued.
45
CORPORATE TITLES.
Gauge of
Track.
Length of Line.
Total.
Mass.
36 Nashua and Lowell (B. and L.)
Ft. In.
4:8^
4:8*
4:8^
4:8*
H*
4:8*
4:8*
4:8*
4:8*
4:8*
*:»#
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
3:
M.
14.50
26.98
2.08
99.01
100.00
139.00
140.50
66.40
4.16
277.73
18.65
51.41
6.62
16.88
8.12
48.50
7.50
22.00
13.16
44.00
80.11
49.30
4.50
2.75
45.69
2.70
M.
9.25
26.98
2.08
32.62
44.00
98.75
5.87
17.40
4.16
261.51
18.65
27.01
6.62
16.88
8.12
48.50
7.50
22.00
13.16
44.00
69.80
49.30
2.25
2.75
39.06
2.70
37 Newburyport (Boston and Maine)
38 Newburvport City (Eastern)
39 New Haven and Northampton
40 New London Northern
41 New York and New England
42 New York, New Haven and Hartford
43 Norwich and Worcester
44. North Brookfield (Boston and Albanv)
45. Old Colony
46. Pittsfield and North Adams (B. and A.)
47. Providence and Worcester
48 Rhode Island and Mass (N Y. and N E)
49. Salem and Lowell (B. and L.)
50. South Reading (Eastern)
51. Springfield, Athol and North Eastern
52 Springfield and New London
53. Stockbridge and Pittsfield (Housatonic)
54. Stony Brook (B. and L.)
55. Troy and Greenfield (Tunnel)
56. Vermont and Massachusetts
57. Ware River (Boston and Albany).
58. West Amesbury (Boston and Maine)
59. West Stockbridge (Housatonic)
60. Worcester and Nashua
61. Worcester and Shrewsbury
Total Length
2,498.31
1,863.03
A6HBUKNHAM KAILEOAD.
Line of Road. — Ashburnham, Mass., to South Ashburnham, Mass 3 miles.
Gauge, 4 feet 8* inches. Rail, 56 Ibs. Chartered 1871. Opened January 1, 1874.
Rolling1 Stock. — Locomotive Engines, 1. Cars — passenger, 1.
Operations for year ending September 30, 1877. — Trains run — 2,904 miles. Pas-
sengers carried, 2,535. Freight moved, 229 tons. Total earnings, $710.11. Operat-
ing expenses, $1,144.45. Deficit, $434.34.
Financial Statement, September 30, 1877.— Capital stock, $99,370 ; funded debt,
$12,000 ; other liabilities, $2,792.26— total, $114,162.26. Per contra: Cost of road and
equipment, $113,129.28; cash, bills receivable, etc., $1,734.90— total, $114,864.18.
0. WHITNEY, President Ashburnham, Mass.
Gen. Manager and Treasurer- W. P. Ellis Ashburnham, Mass.
PRINCIPAL OFFICE AND ADDRESS Ashburnham, Mass.
46 KATLKOAD MANUAL OF THE UNITED STATES.
BILLEEICA AND BEDFOED EAILEOAD.
Line of Road. — North Billerica, Mass., to Bedford, Mass 8.63 miles.
Sidings, 0.25 mile. Gauge, 2 feet. Rail, 25 Ibs.
This company was chartered in 1876, and the road opened November 28, 1877.
The gauge is believed to be the narrowest in the United States.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 4 ; freight, 7.
Operations. — Not reported. Road opened after close of fiscal year.
Financial Statement, September 30, 1877.— Capital stock, $39,730. Paid for
construction, $34,120.25; equipment, $5,542.96— total, $39,663.21.
Officers, etc. — Not reported. Road in hands of Receiver.
BOSTON AND ALBANY EAILEOAD.
Line of Road. — Boston, Mass., to Albany, N. Y. (double track) 201.65 miles.
Branches, named below 47.98 "
Leased lines, named below 72.11 li
Total length of line owned, leased, and operated .... 321.74 miles.
Sidings on main line and branches, in addition to double track, 172.46 miles. Gauge,
4 feet 8# inches. Rail, 60 to 80 Ibs. to yard. Steel rails, 63 Ibs., 397.15 miles.
Formed by consolidation, in December, 1867, of Boston and Worcester and West-
ern (of Massachusetts) R. R. Cos., with all their branches and leased lines. The B.
and W. R. R. Co. was chartered June 23, 1831, and was the first company in Massa-
chusetts authorized expressly to use locomotives. The road was opened to Worces-
ter July 3, 1835, and its branches as follows : Grand Junction, 1856 ; Brookline, 1847 ;
Newton Lower Falls, 1847; Jasonville, 1846; Milford, 1847; Millbury, 1846. The
Western R. R. Co. of Massachusetts was chartered February 15, 1833, and the road
opened from Worcester to the Connecticut River October 1, 1839, and to the State
Line October 4, 1841. The portion in New York was built under the charter of the
Albany and West Stockbridge R. R. Co., granted May 20, 1836, and was opened Sep-
tember 12, 1842. It was leased in perpetuity to the W. R. R. Co., and no separate
account has ever been kept of its operations. The branches on this portion of the
line are the R. R. from Chatham to Hudson, owned by the company, built under a
charter granted in New York in 1828, and opened in 1838, the Pittsfield and North
Adams R. R., chartered March 18, 1845, opened December, 1846 ; the Ware River R.
R., chartered 1868, opened November, 1873 ; and the North Brookfield R. R., chartered
1874, and opened 1875 — the three latter operated under lease.
Statement of mileage of branches and leased lines :
Grand June. (E. Bost. to Brighton) 9.30 m.
Brookline 1.55 "
Newton Lower Falls 1.10 "
Saxonville 3.70 "
Milford 12.00 "
Millbury 3.00 "
Chatham and Hudson R. R 17.33 m.
Pittsfield and N. Adams R. R 18.65 "
Ware River R. R 49.30 "
North Brookfield R. R.. . 4.16 "
Total length. 120.09 m.
KAILROAD MANUAL OF THE UNITED STATES.
Boiling1 Stock.— Locomotive engines, 243. Cars— passenger, 190 ; mail and bag-
gage, 54 ; freight (box, 2,851 ; platform, 561 ; coal, 1,150; other, 509), 5,071— total
cars, 5,315. Also, 11 snow plows.
Operations for year ending September 30, 1877.— Trains run— passenger, 1,398,-
903 ; freight, 3,566,163 ; other, 80,662— total, 5,045,728 miles. Passengers carried,
5,293,351; carried one mile, 103,278,126. Freight moved, 2,601,657; moved one
mile, 313,822,671 tons.
Earnings. Expenditures.
From Passengers $2,386,471 84 For Maintenance of Way $905,238 78
Miscellaneous.
Freight 3,790,780 94
Mail and Express 295,651 68
Rents, etc 306,705 57
$6,779,610 03
Balance, net earnings, $2,166,844.08. Payments shown in
Net Income Account.
Rolling Stock 846,568 51
Transportation 2,789,333 24
Eeceipts.
Balance, September 30, 1876 $3,692,396 83
NetEarnings 2,166,844 08
Sinking Fund 987 15
$5,860,228 06
Payments.
Dividends (including leased lines)
71,625 42
$4,612,765 95
$1,671,250 00
Interest .............................. 484,483 20
Miscellaneous ....................... . 1,324,099 29
Balance, Surplus ...................... 2,380,395 07
$5,860,228 06
Included in miscellaneous payments are $1,307,645.78 reduction of Equipment
account, and $16,454.01 uncollectible accounts — not actual disbursements.
The dividends on main line were (8 per cent.) $1,600,000 ; on leased lines (62 per
cent.) $48,750 on Ware River R. R., and (5 per cent.) $22,500 on Pittsfield and North
Adams R. R.
The cost of transportation (in cents) per passenger and per ton per mile, for ten
years, has been as follows :
1868.
1869.
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Cost per mile....
2.24
1.888
1.737
1.778
1.711
1.725,
1.614
1.114
0.956
0.883
Abstract of operations since consolidation, ten years (September 30) :
I. — RECEIPTS AND EXPENSES.
Passengers.
Merchan-
dise.
Mails, etc.
Total.
Expenses.
Net
Receipts.
Dividends.
Miles
run.
1868...
$2.290,568
2,557,592
2,188,192
2,776,405
2,880,883
3,011,562
3,015,376
2,972,454
2,626,692
2,386,472
$3,410,892
3,861,052
3,265,481
4,747,180
5,846,768
6,221,183
5,283,599
4,328,130
3,886,132
3,790,781
$373,143
377,811
332,313
438,746
531,946
565,287
665,151
569,368
591,934
602,357
$6,074,605
6,796,455
5,785,987
7,962,342
9,259,598
9,798,032
8.963,127
7,869,953
7,104,758
6,779,610
$4,156,172
4,778,326
3,955,673
5,807,359
6,896,984
7,561,159
6,548,211
5,371,902
4,327,438
4,612,766
$1,918,432
2,018,129
1,830,313
2,154,982
2,362,614
2,236,872
2,414,916
2,498,050
2,777,320
2,166,844
$1,507,942
1,648,842
863,189
2,727,558
3,203,392
2,877,540
4,095,313
4,883,071
5,661,554
5,069,790
4,909,216
4,983,880
5,045,728
1869
10 mos. |
in 1870 f
1871
1872
1,977,469
1,976,410
1,986,410
2,000,000
1,800,000
1,600,000
1873
1874
1875
1876
1877
48
RAILROAD MANUAL OF THE UNITED STATES.
II.— NUMBER OF THROUGH AND WAT PASSENGERS.
let Class.
Through.
3d Class.
Through.
Total.
Through.
1st Class.
Way.
3d Class-
Way.
Total.
Way.
Total.
1st
Class.
Total.
3d
Class.
Grand
Total.
1868 . . .
53,842
53,842
3,568,272
3,568,272
3,622,114
3,622,114
1869
65,841
65,841
4,225,174
4,225,174
4,291,015
4,291,015
10 m'nths I
57322
57,322
3,697,411
3,697,411
3,754,733
3,754,733
in 1870. j
1871
67,586
67,586
4,677,318
4,677,318
4,744,904
4,744,904
1872
67,864
3,004
70,868
5,173,056
3,652
5,176,708
5,240,920
6,656
5,247,576
1873
68,662
3,090
71,752
5,681,481
4.391
5,685,872
5,750,143
7,481
5,757,624
1874
75,453
1,620
77,073
5,809,991
2,318
5,812,309
5,885,444
3,938
5,889,382
1875
63,304
2,957
66,261
5,895,707
2,509
5,898,216
5,959,011
5,466
5,964,477
1876
66,015
3,684
69,699
5,512,380
1,273
5,513,653
5,578,395
4,957
5,583,352
1877
57,758
2,319
60,077
5,232,633
641
5,233,274
5,290,391
2,960
5,293,351
III.— NUMBER OF TONS TRANSPORTED.
Going Westward.
Going Eastward.
Total
No. of
Tons
Moved.
Equivalent
No. of
Tons Car-
ried one
Mile.
Equiva-
lent No.
of Tons
Carried
over the
whole
road.
Through
from
Boston to
Albany.
All other
Tonnage.
Total
going
West.
Through
from
Albany to
Boston.
All other
Tonnage.
Total
going
East.
1868...
75,688
85,045
84,168
92,983
112,071
116,861
102,636
121,414
128,412
126,077
404,980
466,655
418,396
621,687
629,843
633,893
573,395
445,736
552,233
588,740
486,668
551,700
502,564
714,670
741,914
750,754
676,031
567,150
680,645
714,817
177,343
237,619
241,308
410,899
556,202
652,473
602,144
621,716
7'04,856
755,188
661,048
824,621
787,277
1,083,763
1,434,791
1,481,293
1,390,2-^8
1,250,606
1,155,773
1,136,652
838,391
1,062,240
1,028,585
1,494.662
1,990,993
2,133,766
1,992,872
1,872,322
1,860,629
1,886,840
1,319,059
1,613,940
1,531,149
2,209,332
2,732,907
2,884,520
2,668,403
2,439,472
2,541,274
2,601,657
121,348,891
158,579,177
148,871,491
227,151,084
290,064,965
317,670,752
290,672,369
282,309,789
301,624,988
313,822,671
606,744
792,896
744,357
1,135,755
1,450,325
1,588,354
1,453.362
1.411,549
1,508.125
1,569,113
1869
10 mos. |
in 1870. J
1871
1872
1873
1874
1875
1876
1877
TV. — MILES RUN BY LOCOMOTIVE ENGINES.
V. — NUMBER OF BARRELS OF FLOUR TRANS-
PORTED FROM ALBANY AND TROY TO
BOSTON.
Passenger
Trains.
Freight
Trains.
Gravel
Trains,
etc.
Total No.
of miles
Run.
To
Boston.
To other
Stations.
Total No.
of
Barre
1868
945,933
958,921
905,053
1,119,037
1,213,412
1,299,412
1,378,018
1,387,240
1,420,547
1,398,903
1,639,618
2,158,969
1,887,995
2,875,865
3,563,636
4,224,050
3,606,159
3,438,576
3,477,673
3,556,163
142,007
85,502
84,492
100,411
106,023
138,092
85,613
83,400
85,660
80,662
2,727,558
3,203,392
2,877,540
4.095,313
4;883,071
5,661,554
5.069,790
4,909,216
4,9a3,880
5,045,728
1868
642,416
740,692
655,160
856,980
819,028
1,116,079
1,149,087
1,035,307
1,024,784
1,144,116
495,364
594,229
626,940
819,690
706,480
847,428
894,657
758,718
836,280
849,831
1,137,780
1,334,921
1,282,100
1,676,670
1,525,517
1,963,507
2,043,744
1,794,025
1.861.064
1,993,947
1869
1869
10 m'nths 1
in 1870. f
1871
10 m'nths )
in 1870 f
1871
1872
1872
1873
1873
1874
1874
1875
1875
1876
1876
1877
1877
RAILROAD MANUAL OF THE UNITED STATES.
49
Items showing cost of railroad and equipment to September 30, 1877 :
Graduation, Masonry, Bridging $7,516,075 08
Superstructure, including Iron 5,795,293 04
Land, Land Damages and Fences 5,173,713 61
Passenger and Freight Stations, Wood Sheds and Water Stations 2,947,617 89
Engine Houses, Car Sheds and Turn Tables 516,442 53
Machine Shops, Machinery and Tools 777,276 23
Engineering, Agencies, Salaries and other expenses during construction 1,642,298 12
Locomotives and Snow Plows' 1,215,000 00
Passenger. Mail and Baggage Cars 488,000 00
Merchandise Cars 1,442,400 00
$27,514,116 50
General Balance, September 30, 1877.
Cost of Eoad and Equipment $27,514,116 50
Cost of South Boston Property 505,098 22
Hudson Eiver Bridges 475,485 00
Notes Receivable 9,222 03
Materials 1,295,998 75
Real Estate and Land 119,678 96
Ledger Balances due 501,752 42
West Stockbridge R. R. Stock 13,000 00
Cash 816,55269
$31,250,904 57
Capital Stock (200,000 shares) $20,000,000 00
Funded Debt 7,000,000 00
Unclaimed Dividends and Interest.. 31,827 75
ProfitandLoss 2,380,39507
Dividend No. 20 800,000 00
" " 2, P. & N. A. R. R.. 11,25000
" " 8, Ware River R. R.. 24,375 00
Notes Payable 1,003,056 75
$31,250,904 57
The funded debt consists of $5,000,000 7 per cent, bonds, due February 1, 1892;
and $2,000,000 6 per cent, bonds, due July 1, 1805.
Abstract of road and equipment, and general account for eight years :
1869-70.
1870-71.
1871-72.
1872-73.
1873-74
1874-75.
1875-76.
1876-77.
Miles of Track .
Engines
541.33
163
3,387
$
19,150,800
1,798,520
470,000
22,370
1,752,774
1,741,850
892,131
553.08
180
3,459
$
19,664,100
821,500
900,000
1,029,228
1,341,885
1,667,320
566.36
206
4,113
$
19,664,100
3,037,000
530,560
1,012.869
1,581,876
1,658,431
584.30
231
5,286
$
19,864,100
4,319,000
1,015,687
1,024,348
1,596,430
1,667,470
226,786
657.48
239
5,315
$
20,000,000
5,558,000
1,746,950
1,048,615
1,618,882
1.677,912
263,037
661.38
239
5,315
$
20,000,000
6,349,000
1,161,510
1,063,606
633,588
3,000,000
685.78
239
5,315
$
20,000,000
7,001,000
832,013
884,925
692,397 1
3,000,000 f
695.85
243
5,325
$
20,000,000
7,000,000
1,003.057
877,453
2,380,395
Cars
Capital Stock...
Funded Debt. . .
Notes Payable . .
Dividends Due..
Confg'nt Fund.
Reserved Fund.
Miscellaneous..
Construction...
Equipment
Notes Rec'able.
Materials
25,794,446
$
19,212,291
2,861,338
949,276
783,744
1,135,429
201,548
650,820
25,424,033
$
20,535,182
3,106,a38
11,436
809,954
153,314
262,301
545,507
27,484,836
$
21,447,137
3,681,338
32,457
1,226,012
123,404
530,835
443,653
29,713,820
Q
22,794,957
4,453,046
245,725
1,141,894
123,404
308,755
546,349
31,772,496
$
24,203,848
4,453,046
86,833
1,627,151
130,847
455,736
815,035
32,207,704
$
25,058,119
4,453,046
72,743
1,409,075
132,826
560,498
521,397
32,400,335
$
25,a39,300
4,453,046
1,743
1,396,141
30,826
530,778
638,501
31,250,905
$
25,349,300
3,145.400
9,222
1,295,999
Sinking Fund . .
Miscellaneous..
Cash....
621,431
816,553
25,794,446
25,424,033
27,484,836
29,713,820
31,772,496
32,207,704
32,400,335
31,250,905
50 EAILEOAD MANUAL OF THE UNITED STATES.
Summary of rental, capital stock, debt, cost, etc., of leased lines:
Eental.
Capital
Stock.
Funded
Debt.
Other Debt.
Cost of
Construction.
"WVvWh TlTV\r\lrfiAlf1 "R T?
$2490
$100,000
$104,381
"Piffcfi^lfl &r\f\ "NT Adams T? T?,
22 500
450,000
450,000
\V«rp "ftivpr T? T? .
48,750
750,000
$363,934
1,113,934
The total aggregate of passengers and tons of freight carried one mile on the
Boston and Albany R. R. was 417,100,797 against 412,269,398 in 1876, 402,030,700 in
1875, and 412, 735, 655 in 1874— the cost per mile being -^u against -j9(f0% cent, for 1876,
1-jVoV cent, for 1875, and l^ftfcfr cent, for 1874.
Directors (elected February 13, 1878). — C. W. Chapin, Springfield, Mass. ; Igna-
tius Sargent, Moses Kimball, John Cummings, and D. Waldo Lincoln, Boston ; Henry
Colt, Pittsfield; George O. Croker and Charles L. Wood, New Bedford; Thomas Tal-
bot, Billerica, Mass. ; Edward B. Gillett, Westfield ; J. H. Chadwick and F. B. Hayes,
Boston ; and D. N. Skillings, Worcester, Mass.
C. W. CHAPIN, President Springfield.
D. Waldo Lincoln, Vice-President Boston.
Gen. Manager— William Bliss Boston.
Gen. Supt.—C. O. Russell Springfield.
Asst. Supt. — Walter H. Barnes , Boston.
Asst. Supt.— J. B. Chapin Albany.
Treasurer— C. E. Stevens Boston.
Paymaster— Albert Holt Springfield.
Sec. and Clerk— J. A. Rumril] Springfield.
Auditor— William Ritchie
Gen. Fat. Agt. — H. J. Hayden Boston.
Gen. Tkt. Agt.— J. M. Griggs Springfield.
Cashier— A. S. Bryant
Chief Engineer— W. H. Russell
PRINCIPAL OFFICE AND ADDRESS Boston, Mass.
NOETH BEOOKFIELD RAILROAD.
Chartered in 1874 and road opened January 1, 1876. It extends from E. Brookfield
to N. Brookfield, 4.16 miles, with 0.49 mile of sidings. Leased to B. and A. R. R. Co.
Rolling Stock and Operations. — Included above in B. and A. R. R. Co.
Financial Statement, September 30, 1877.— Capital stock, $100,000. Per con-
tra : Expended for construction, $104,381.
BONUM NYE, President ; Theo. C. Bates, Secretary, North Brookfield, Mass.
PITTSFIELD AND NOETH ADAMS EAILEOAD.
Chartered March 18, 1845, and road opened December, 1846. It extends from Pitts-
field to N. Adams, 18. 65 miles, with 1.42 miles sidings. Leased to B. and A. R. R. Co.
Rolling Stock and Operations. — Included above in B. and A. R. R. Co.
Financial Statement, September 30, 1877.— Capital stock, $500,000 ; paid
$450,000. Per contra : Cost of railroad and appurtenances, $450,000.
W. S. BULLARD, President; James A. Rumrill, Clerk, Springfield, Mass.
in
RAILROAD MANUAL OF THE UNITED STATES.
WAKE RIVER RAILROAD.
51
Chartered in 1868, and road opened November, 1873. It extends from Palmer to
Winchendon, 49.30 miles, with 4.19 miles of sidings. Operated under lease by Bos-
ton and Albany R. R. Co.
Rolling Stock and Operations. —Included in lessees' returns.
Financial Statement, September 80, 1877.— Capital stock paid in, $750,000 ; float-
ing debt, $363,934. Per contra : Cost of road and appurtenances, $1,113,934.
J. A. RUMRILL, President; E. W. Long, Sec. ... Springfield, Mass.
BOSTON, BARRE AND GARDNER RAILROAD.
Line of Road. — Worcester, Mass., to Wiuchendon, Mass 36.53 miles.
Leased and operated : Monadnock R. R 15.80 "
Total length of line owned, leased, and operated 53.33 miles.
Sidings, etc., 6.82 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs. to yard.
Chartered April 26, 1847, under title of Barre and Worcester R. R., and construc-
tion commenced 1869. Road opened to Gardner September 4, 1871, and to Winchen-
don January 5, 1874. The Monadnock R. R. was leased from October 1, 1874.
Rolling Stock. — Locomotive engines, 7. Cars — passenger, 7 ; baggage, mail,
and express, 4 ; and freight (box, 42 ; platform, 24 ; coal and other, 21), 87 — total
revenue cars, 98 ; also, 2 snow plows.
Operations for year ending September 30, 1877. — Trains run — passenger, 99,186 ;
freight and other, 38,785 — total, 137,971 miles. Passengers carried, 128,530 ; carried
one mile, 2,262,128. Freight moved, 109,599 ; moved one mile, 2,634,024 tons.
Earnings. . Expenditures.
From Passengers $72,085 62 For Maintenance of Way $66,101 16
" Freight, etc 78,347 30 I " Transportation, etc 74,429 39
$150,432 92
$140,530 55
Balance — net earnings, $9,802.37. Payments — rent of Monadnock R. R., $14,750 ;
interest, $41,055.46. Balance— deficit. $44,621.18.
Abstract of operations and general account for four years :
Years.
Train
Mileage.
Passen-
gers.
Tons
Freight.
Earnings.
Expenses.
Interest
Paid.
Capital
Stock.
Funded
Debt.
Cost of
Road, etc.
1873-74.
1874-75.
106,439
153,388
113,220
140,832
44,890
64,584
$112,189 57
150,650 68
$84,556 09
105,295 37
$21,610 31
26,894 63
$863,901 73
867,401 73
$150,900
227,000
$1,237,688 29
1,276,816 15
1875-76.
160,283
128,455
95,246
158,476 09
120,502 18
34,591 35
868,001 73
368,000
1,351,572 26
1876-77.
137,971
128,530
109,599
150,432 92
140,530 55
41,055 46
868,001 73
448,000
1,482,585 28
52 BAILED AD MANUAL OP THE UNITED STATES.
General Balance, September 30, 1877.
Construction Account $1,482,585 28 j Capital Stock $868,001 73
Sundry Accounts 88,827 99
Profit and Loss 44,420 79
$1,615,833 99
Funded Debt 448,000 00
BillsPayable 299,832 26
$1,615,833 99
The funded debt of the B., B. and G. R. R. consists of $368,000 1st mortgage
bonds due April 1, 1893, and $80,000 3d mortgage bonds due July 1, 1895, bearing 7
per cent, interest.
Directors (elected February 6, 1878). — Stephen Salisbury, Calvin Foster, William
W. Rice, William H. Morse, Lewis Barnard, C. B. Pratt, G. S. Barton, Worcester,
Mass. ; Levi Hey wood and Charles Hey wood, Gardner, Mass. ; Isaac N. Ross, Holden,
Mass. ; Nelson D. White, Winchendon, Mass.
W. H. MOUSE, President Worcester, Mass.
Supt. & Purch.Agt.— H.N. Witter.. Worcester, Mass. Clk. and Treas.— William E. Starr, Worcester,Mass.
-*Tnr.4™, TdTaaJi Tk T1 TVoiria " " r<Tiiaf TFr>nm (~* _T Tla-jr flnr-rlnar- TWooa
Master Mech.—D. T. Davis,
Chief Engr.—C. J. Day, Gardner, Mass.
PRINCIPAL OFFICE AND ADDRESS Worcester, Mass.
MONADNOCK KAILKOAD.
Chartered by the Legislature of Massachusetts in 1848, and road completed in.
June, 1871. Road extends from Winchendon, Mass., to Peterboro', N. H., 15.8 miles,
with 0.5 mile of sidings. It was leased to the B., B. and G. R. R. Co. for 99 years
from October 1, 1874, at $12,000 per annum for the first two years ; $15,000 for the
next three ; and $18,000 per annum for the balance of the term.
Rolling* Stock and Operations. — Included in lessees' returns.
Financial Statement, October 1, 1877. — Rental received, $14,858. Payments :
Dividend, $4,108; interest, $7,670.69. Capital stock, $197,926.73; funded debt,
$71,500 ; floating debt, $24,552— total, $293,978.73. Cost of construction, $365,771.47.
The funded debt consists of 1st mortgage 6 per cent, bonds, due July 1, 1897.
JONAS LIVINGSTON, President and Superintendent, . . .Peterboro', N. H.
BOSTON, CLINTON, FITCHBUKG AND NEW BEDFOKD
KAILKOAD.
Line of Road. — Fitchburg, Mass., to New Bedford, Mass 91.02 miles.
Branches, named below. .. 34.31 "
Leased ; Framingham and Lowell R. R. . . . 26.12 "
Total length of line owned, leased, and operated 151.45 miles.
Sidings, etc., 36.55 in. Gauge, 4 ft. 8£ in. Rail, 56 to 61 Ibs. Steel rails, 19.86 m.
Organized June 1, 1876, by the consolidation of the Boston, Clinton and Fitch-
burg, and the New Bedford R. R. Cos. The B., C. and F. R. R. Co. was formed by
consolidation, July 1, 1869, of Agricultural Branch and Fitchburg and Worcester R.
R. Cos ; the former chartered April 26, 1847, completed December 1, 1855, and leased
BAILBOAD MANUAL OF THE UNITED STATES.
53
to the Boston and Worcester R. R. Co. The F. and W. R. R. Co. was chartered April 16,
1846, and opened to Sterling Junction, February 11, 1850. The name of Agricultu-
ral Br. R. R. was changed to B., C. and F. R. R.} May 30, 1867. The Mansfield and
Framingham R. R., 21.55 miles, was chartered March 18, 1867, opened February,
1870, and leased to B.,'C. and F. R. R. Co., until July 1, 1875, when it was consoli-
dated therewith, and its separate organization ceased.
The New Bedford R. R. Co. was formed by consolidation of Taunton Branch
and New Bedford and Taunton R. R. Cos., March 31, 1873. The former was char-
tered April 7,1835, and road opened from Taunton to Mansfield, 11 miles, August,
1836. The N. B. and T. R. R. Co. was chartered April 13, 1838, the road opened July
1, 1840 ; leased to the B., C. and F. R. R. Co., February 1, 1874, and operated by that
company to date of consolidation. The Framingham and Lowell R. R. was opened
October 1, 1871, and is operated under lease.
The Branches are as follows :
Acushnet 0.353 miles.
Attleboro 8.600 "
Fairhaven 15.170 "
Framingham Prison 0.815 "
Lancaster Mills.. , . 1.629 "
Marlboro 1.467 miles.
Sterling 5.671 "
Weir.. . 0.606 "
Total 34.311 miles.
Rolling' Stock.— Locomotive engines, 39. Cars — passenger, 54 ; baggage, mail,
and express, 27; and freight (box, 349; platform, 290; stock, coal and other, 182),
821. Total revenue cars, 902. Also 4 snow plows.
Operations for year ending September 30, 1877.— Trains run— passenger, 365,-
056 ; freight, 438,118 ; and other, 6,556— total, 809,730 miles. Passengers carried,
925,503 ; carried one mile, 13,214,325. Freight moved, 534,109 tons ; moved one mile,
21,385,987 tons.
Earnings.
From Passengers 8391,869 58
" Freight 596,80722
" Mail and Express 29,18603
Miscellaneous 28,391 21
$1,046,254 04
Expenditures.
For Maintenance of Way $159,566 51
" Rolling Stock 142,63068
" Transportation 428,57007
Miscellaneous 73,245 06
$804,012 32
Balance, net earnings, $242,241.72 ; included in operating expenses are taxes,
$28,165.59. Payments— rent F. and L. R. R. R., $28,088.86. Interest, $319,656.41,
of which $131,794.41 was on floating debt. Balance, deficit, $105,503.55.
Abstract of operations for seven years :
Fiscal
Years.
Miles.
R. R.
Passen-
gers.
Mileage.
Tons
Freight.
Mileage.
Gross
Earnings.
Net
Earnings.
Dividends.
p. C.
1870-71
64.98
293,103
5,865,080
235.297
$447,802 26
$80,452 18
P,600*
6
1871-72....
7872-73....
1873-74.. .
1874- 75 (a).
1875-76 (a; .
1876-77....
90.24
90.24
90.24
147.24
151.45
151.45
467,966
487,274
472,600
905,160
845,650
925,503
9,650,520
10,680,620
9,648,900
16,908,600
15,894,114
13,214,325
317,043
407,073
454,137
759,412
743,860
534,109
13,648,174
16,231,519
10,560,080
21,138,062
21,594,491
21,385,987
576,412 62
677,439 37
665,640 43
1,119,517 49
1,073,357 87
1,046,254 14
192,795 55
197,495 02
219,767 24
426,898 92
298,035 67
242,241 72
3,600*
3,600*
3,600*
180,377
96,518
6
6
6
6&8
3&4
(a) Including New Bedford R. R.
* On $60,000 guaranteed stock.
RAILROAD MANUAL OF THE UNITED STATES.
General Balance, September 30, 1877.
Construction $4,869,693 23
Equipment 975,440 00
Materials 112,627 86
Stocks and Bonds 1,814,21500
Cash, Assets, etc 673,747 05
Capital Stock $2,583,500 00
Funded Debt 3,169,100 00
Notes Payable 2,355,576 62
Sundry Accounts 257,991 16
Balance and Outstanding Bills 79,485 86
$8,445,653 64
Abstract of general balances for seven years :
$8,445,653 64
Fiscal Years.
Miles of
Track.
En-
gines.
Cars.
Stock.
Bonds.
Debts.
Railroad
and
Equipments.
Other Prop-
erty and
Assets.
1870-71 .
73.98
14
498
$872,600
$916,000
$226,200
$1,758,941
$149,940
1871-72
99.24
21
534
872,600
1,250,000
159,766
2,076,380
205,986
1872-73
100.39
23
548
872,600
1,249,600
224,138
2,094,931
370.067
1873-74
102.93
23
835
872,600
1,499,600
229,561
2,237,749
395,479
1874-75
165.73
41
1,261
1,172,600
2,069,600
656,566
3,834,725
470,278
1875-76
188.00
39
1,172
2,570,100
2,641,100
2,008,661
5,948,034
2,390,028
1876-77
188.00
39
9,102
2,583,500
3,169,100
2,355,577
5,845,064
2,524,149
Statement of funded debt in detail :
Character of Bonds.
Date of Bonds.
Interest.
When Payable.
Principal
When Due.
Amount
Outstand-
ing.
Mori
sage. . .
Not s
tated.
6
6
7
7
7
8
8
8
8
7
Ja
A
Fe
Mi
n. ai
ril a
b. ai
iy ai
id Ju
ndO
id Ju
id No
iy.
ct.
n.
V.
July 1, 1881.
" 1884.
Jan. 1, 1889.
July 1, 1890.
" 1894.
April 1, 1881.
" 1882.
" 1883.
Feb. 1, 1885.
May 31, 1896.
$171,500
400,000
547,600
252,000
400,000
270,000
250,000
280,000
100,000
528,000
Directors (elected February 5, 1878). — Lyman Nichols, Nath. Tliayer, Nathaniel
Thayer, Jr., W. B. Wood, and G. A. Torrey, Boston, Mass.; W. J. Rotch, and W. W.
Crapo, New Bedford, Mass. ; John E. Sanford, Taunton, Mass.
NATHANIEL THAYER, Jr., President Boston, Mass.
Superintendent — S. A. Webber — Fitchburg, Mass.
Treasurer — L. Grinnell New Bedford, "
A gent- J. N. Marshall "
Gen. Tkt. Agent— E. F. Wetherell . . Fitchburg, "
Gen. Fgt. Agent — Arthur Mills.. .Fitchburg, Mass.
Mast. Mech.—G. W. Reynolds Taunton, Mass.
Mast. Car Bldr. — Saml. Stevens. .Fitchburg, Mass.
Road Master— E. II. Bryant
Purch. Agent— G. Brigham Fitchburg, Mass.
PRINCIPAL OFFICE AND ADDRESS New Bedford, Mass.
FEAMINGHAM AND LOWELL RAILKOAD.
Chartered March 23, 1870, and road completed October 1, 1871. It extends from
Framingham, Mass., to Lowell, Mass., 26.12 miles, with 4.96 miles of sidings.
Leased to the B. C., F. and N. B. R. R. Co. for 20 years, from April 1, 1871.
RAILROAD MANUAL OF THE UNITED STATES. 55
Rolling Stock. — Included in lessees' returns.
Operations. — Included in lessees' returns. Received, rental, $24,361.36. Paid
interest, $68,513.21. Deficit for year, $44,151.85— total deficit, $180,274.02.
Balance Sheet, September 30, 1877.
Construction and Equipment $1,227,386 56
Sundry Accounts 182,314 86
Profitand Loss 180,274 02
Capital Stock $512,096 39
Bonds and Notes 750,000 00
Bills Payable, etc. 327,879 05
$1,589,975 44
The funded debt consists of $500,000, 7 per cent, bonds, due April 1, 1891 : and
the coupon notes are $150,000 8 per cent, due April 1, 1882, and $100,000 8 per cent,
due February 1, 1883. The advances by the B. C., F. and N. B. R. R. Co., on equip-
ment account, amount to $182,062.
E. P. CARPENTER, President Foxbourgh, Mass.
PRINCIPAL OFFICE AND ADDRESS Fitchburg, Mass.
BOSTON AND LOWELL KAILKOAD.
Line of Road. — Boston, Mass., to Lowell, Mass, (double track) 26.75 miles.
Branches, named below 19.21 "
Leased lines, named below 37.23 "
Total length of lines owned, leased, and operated 83.19 miles.
Sidings, etc., 30.46 miles. Gauge, 4 ft. 8£ in. "Rail, 56 to 60 Ibs. Steel rails, 22 miles.
Chartered June 8, 1830, and road completed June 24, 1835. On the 29th of
January, 1857, this company made a contract with Nashua and Lowell R. R. Co. for
joint operation of roads and branches, on a basis of 69 per cent, to the former and
31 per cent to the latter. On this basis the length of the line operated by this com-
pany is reckoned as 85.21 miles.
Branches and leased lines are as follows :
Mystic 2.25 m.
Lexington and Arlington 9.25 "
Woburn 2.00 "
Stoneham 2.50 "
Lawrence . .3.21 "
Lowell and Lawrence R. R 12.35 m.
Salem and Lowell R. R 16.88 "
Middlesex Central R. R. . . 8.00 "
Total branches and leased lines.56.19 m.
The combination embraces six small railroads in Massachusetts, and three in
New Hampshire :— the Boston and Lowell main road, with its Mystic, Woburn, Stone-
ham, and Lexington branches, and its leases of the Lowell and Lawrence, the Salem
and Lowell, and Middlesex Central R. R's ; the Nashua and Lowell; with its main
road, and its leases of the Stony Brook, the Wilton, and the Peterborough roads.
Legislative authority has been obtained from Massachusetts and New Hampshire to
consolidate all these lines into one corporation.
Rolling Stock. — Locomotive engines, 42. Cars— passenger, 59 ; baggage, mail
and express, 25; and freight (box, 421; platform, 384; other, 465), 1,270. Total
revenue cars, 1,334. Also 6 snow plows.
56
RAILKOAD MANUAL OF THE UNITED STATES.
Operation for year ending September 30, 1877. — Trains run — passenger, 527,938 ;
freight, 411,869 — total, 939,807 miles. Passengers carried, 1,941,487 ; carried one
mile, 24,594,241. Freight moved, 568,430 tons ; moved one mile, 15,846,225 tons.
Earnings,
From Passengers .' $506,967 56
" Freight 587,916 42
" Mail and Express 31,477 73
Miscellaneous 11,407 78
Expenditures.
For Maintenance of Way $150,237 92
" Rolling Stock 107,30536
" Transportation 485,47722
Miscellaneous 37,081 67
$1,137,769 49 $780,102 17
Balance — net earnings, $357,667.30. Payments from net earnings — taxes and
insurance, $34,327.59; rents, $93,308.61; interest, $121,223.31— total payments,
$248,859.51. Surplus, $108,807.79. Total surplus on hand at close of fiscal year,
$491,776.24.
Abstract of operations for ten years :
Fiscal
Years.
Train
Mileage.
Passen-
gers.
Mileage.
Freight.
Mileage.
Gross
Earnings.
Net
Earnings.
Divi-
dends.
p. c.
1867-68.
487,024
1,697,956
15,675,986
413,730
11,744,245
$976,986 31
$269,880 40
166,120
8
1868-69.
525,362
1,298,904
18,589,217
442,962: 12.330,813
1,071,880 84
247,194 76
175,280
8
1869-70.
600,805
1,518,517
20,031,854
519,131
13,866,164
1,121,704 69
224,254 70
177,200
8
1870-71.
667,699
1,767,952
23,520,089
548,793
15,758,827
1,206,107 63
252,264 41
177.920
8
1871-72.
741,981
1,949,688
25,567,169
620,053 17,653,653
1,293,969 67
241,016 29
178,720
8
1872-73.
826,231
2,086,979
26,662,222
605,617
16,681,440
1,420,314 47
446,024 61
209,920
8
1873-74.
872,151
2,106,576
27,135,776
578,608 16,214,253
1.296,917 11
403,597 08
208,000
b/4
1874-75.
912,424
2,081,573
26,096,711
517,818 14,180,560
1,165,650 77
226,426 22
1875-76.
922,021
1,929,516
{24,473,072
555,510
15,907,345 1,027,891 03
361,678 82
f t
1876-77.
939,807
1,941,487
24,594,241
568,430
15,846,225
1,137,769 49
357,667 30
65,000
2
These operations are based on the division of the joint business of the Boston
and Lowell and Nashua and Lowell Railroads, in the proportion of 69 per cent, to the
Boston and Lowell, and of 31 per cent, to the Nashua and Lowell R. R. Companies,
respectively, according to the terms of an agreement made October 1, 1858.
General Balance, September 30, 1877.
Construction and Equipment $4,980,656 05
East Cambridge Flats, etc 490,731 15
Sinking Fund 184,304 85
Trustee S. andL. and L. and L. R. Rs. 345,674 00
Miscellaneous Accounts 326,101 85
Cash 71,756 20
$6,399,224 10
Statement of funded debt in detail :
Capital Stock $3,250,000 00
Funded Debt 2,124,500 00
Notes Payable 407,000 00
Contingent Fund 491,776 24
Salem and Lowell Railroad, etc 77,527 50
Coupons due 48,420 36
$6,399,224 10
Character of Bonds.
Date of
Bonds.
Rate.
When Payable.
Principal,
When due.
Amount
Outstanding.
Unsecured .
1864
6
April and October
1879
$200,000
«
1872
7
1892
999,500
i<
1875
7
March " Sept.
1895
500.000
ii
1876
6
Jan. " July
1896
425,000
RAILROAD MANUAL OF THE UNITED STATES.
57
The bonds of 1876 were issued for funding the floating debt.
Abstract of general balances yearly (September 30) for seven years :
Specifications.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Railroad Owned Miles.
26.75
26.75
26.75
26.75
26.75
26 75
26 75
Railroad Tracks Owned "
Locomotive Engines No .
67.25
33
88.50
37
88.50
40
91.00
42
93.80
42
94.84
47
95.
47
Passenger Cars "
43
46
43
54
54
62
62
Baggage, Express, etc "
Freight, Stock, Coal, etc.. "
Share Capital — common
19
859
1
2,233,000
20
940
S
2,852,900
20
953
$
2 993,000
20
970
$
3,200,000
19
970
$
3,250,000
22
1,270
$
3,250,000
22
1,270
$
3250000
Funded Debt
237,000
922,500
1,199,500
1,199,500
1,699,500
1,860,500
2,124,000
Bills Payable
1,331,500
848,524
968,800
1,221,300
1,118,800
754,000
407000
Interest Due and Unpaid
9,793
30,930
49,217
40,983
41,615
45,003
48,420
Dividends Due and Unpaid..
366,000
468,491
487,393
99,051
Other Liabilities
2,264
43,440
2,187
2,187
2,188
77,528
77,528
Profit and Loss
320,512
374 417
428526
418 792
296,245
382 968
491 776
Total Liabilities
4,500,069
5,541,202
6,128,624
6,181,813
6,408,348
6,369,999
6,399,224
Railroad
2,469,960
2,469,955
2,476,832
2,489,562
4,531,940
4,543,390
4,562,987
Equipment ...
183,345
252,345
343,634
356,363
405,442
469,654
469,654
Real Estate
571,994
1,081,953
1,210,613
1,361,151
465,099
470,274
490,730
Stocks and Bonds (other) ....
Materials and Fuel
552,610
136,858
703,643
170 671
845,797
180,699
923,789
187,224
463,937
167,218
449,607
129750
475,531
107 120
Other Assets
88,257
122,399
314,487
35,946
10,404
36,115
37,140
Bills Receivable
4,354
83,200
9,968
15,000
100,000
Cash on Hand
51,455
169,942
596,594
241,969
100,814
97,287
71,756
Profit and Loss
441,236
487,094
150,000
154,159
163,394
173,922
184,306
Total Property and Assets .
4,500,069
5,541,202
6,128,624
6,181,813
6,408,348
6,369,999
6,399,224
From its opening in 1835, to the year 1875, this company paid dividends every
year, varying from 2 to 8 per cent., besides a scrip dividend of 20 per cent, in 1867.
The smallest dividend was in 1836, and amounted to $30,000 ; the largest in 1873 —
$209,920. It resumed payment of dividends January 1, 1878.
Summary of rental, capital, cost, etc., of leased lines :
Rental.
Capital
Stock.
Funded
Debt.
Other Debt.
Cost of Con-
struction.
Lowell and Lawrence
$21,780
$203000
$39700
$130,205
$334,054
Middlesex Central
15,000
250,000
12,816
310,837
Salem and Lowell
17,500
243,305
226,900
13,137
298,925
$54,280
$696,305
$266,600
$156,158
$1,043,816
Directors (elected Jan. 2, 1878.) — Josiah G. Abbott, Thomas Talbot, Billerica,
Mass.; Edwin Morey, and T. J. Coolidge, Boston ; W. A. Burke, Lowell, Mass.
THOMAS TALBOT, President Billerica, Mass.
Master Mech.—3. F. Crockett Boston.
Gen. Tkt. Agent— B. F. Kendrick "
Gen. Freight Agent— J. S. Lincoln "
General Manager— H. Hosford Boston.
Superintendent— -Wm. M. Parker "
Treasurer— Charles E. A. Bartlett. . , "
PRINCIPAL OFFICE AND ADDRESS Causeway Street, Boston, Mass.
58 RAILROAD MANUAL OF THE UNITED STATES.
HORN POND BRANCH RAILROAD.
Built in 1854 by an ice company for transportation of ice, and operated by Boston
and Lowell R. R. Co. It is 0.663 mile long, with .076 mile sidings. No report of
operations.
Financial Statement, September 30, 1877.— Capital stock, $2,000. Cost of con-
struction, $15,238.46.
H. 0. BKIGHT, President C ambridgeport, Mass.
LOWELL AND LAWRENCE RAILROAD.
Chartered under name of Lowell and Andover R. R., March 27, 1846, and took
present title in 1848, when it was opened. It extends from Lowell to Lawrence,
12.35 miles, with 2.34 miles of sidings. Leased October 1, 1858, for 20 years to B. &
L. R. R. Co. at an annual rental of 6 per cent, on cost.
Rolling* Stock and Operations. — Included in lessees' returns.
Financial Statement, September 30, 1877.— Capital stock, $203,000 ; funded
debt, $39,700 ; miscellaneous accounts, $130,204.85. Total, $372,904.85. Per contra:
Cost of construction, $334,054.41 ; assets, $38,850.44. Total, $372,904.85.
W. E. LIVINGSTON, President Lowell, Mass.
MIDDLESEX CENTRAL RAILROAD.
Chartered 1872, and road opened August 1, 1873. It extends from Lexington to
Concord, 8 miles, with 1.25 mile of sidings. Leased to Boston and Lowell R. R. Co.
at an annual rental of $15,000.
Kolling Stock and Operations. — Included in lessees' returns.
Financial Statement, September 30, 1877.— Capital stock, $250,000 ; debt and
miscellaneous accounts, $64,832. Total, $314,832. Per contra : Cost of construction,
$310,837.10.
S. W. RICHARDSON, President Boston, Mass.
SALEM AND LOWELL RAILROAD.
Chartered March 13, 1848, and road opened in 1850. Leased to Boston and Lowell
R. R. Co. October 1, 1858, for 20 years at an annual rent of $17,500. It extends from
Salem to Lowell, 16.88 miles, with 2.6 miles of sidings.
BAILROAD MANUAL OF THE UNITED STATES.
59
Rolling Stock and Operations.— Included in lessees' returns.
Financial Statement, September 30, 1877. — Capital stock, $243,305 ; 1st mort-
gage 6 per cent, bonds, due 1878, $226,900; note, $12,500; and accounts, $636.64.
Total, $483,341.64. Per contra: Cost of road and appurtenances, $398,925.45 ; cash,
$1,066.66 ; B. & L. R. R. corporation, $56,918.95.
WILLIAM E. LIVINGSTON, President Lowell, Mass.
BOSTON AND MAINE EAILKOAD.
Line of Road.— Boston, Mass., to Portland, Me 115.50 miles.
Branches, named below 11.00 "
Leased lines, named below 79.84 "
Total length of lines owned, leased, and operated 206.34 miles.
Sidings, etc., 112.43 rn. Gauge, 4 ft. 8$ in. Rail 56 to 63 Ibs. Steel rails, 91.65 m.
Consolidation January 1, 1842, of the Boston and Portland R. R. Co., chartered
in Massachusetts, March 15, 1833 ; the Boston and Maine, chartered in New Hamp-
shire, June, 1835 ; and the Maine, New Hampshire and Massachusetts, chartered in
Maine, March, 1836. Road open to junction with Portland, Saco and Portsmouth R.
R. at South Berwick, Me., February 23, 1843. The latter road was leased to the B.
and M. and Eastern R. R. Cos. jointly, and was operated under such lease until July,
1871. On the 17th of February, 1871, authority was granted to extend the road to
Portland. It was opened to that place February 15, 1873.
BRANCHES :
Medford 2.00 miles.
Methuen (op'd by M. & L.
R. R.) 3.72 "
Great Falls 2.75 "
Salmon Falls. . .2.50 "
LEASED LINES :
Danvers R. R 9.26 miles.
Dover and Win'gee R. R. . 29.00 "
Lowell and Andover R. R. 10.10 "
Newburyport R. R 26.98 "
West Amesbury R. R 4. 50 "
The necessary legislation has been obtained to consolidate the Danvers and the
Newburyport R. Rs. with this company. The operations of the leased lines are
included in the company's statement. The Great Falls and the Salmon Falls and
South Berwick lines are treated as branches, the leases being merely nominal.
Rolling Stock. — Locomotive engines, 77. Cars — passenger, 135 ; baggage, mail
and express, 33 ; and freight (bos, 461 ; platform, 945 ; stock, coal and other, 218)
1,624. Total revenue cars, 1,792. Also, 11 snow plows.
Operations for year ending September 30, 1877. — Trains run — passenger,
989,622 ; freight, 640,029 ; and other, 18,108— total, 1,647,759 miles. Passengers car-
ried, 4,442,019 ; carried one mile, 61,779,576. Freight moved, 698,881 tons; moved
one mile, 30,036,193 tons.
60
RAILROAD MANUAL OF THE UNITED STATES.
Earnings.
From Passengers $1,259,361 38
" Freight 836,57916
" Mail and Express 77,26201
" Rents 62,51509
" Miscellaneous 31,301 19
Expenditures.
For Maintenance of Way $332,328 28
" Rolling Stock 161,504 20
" Transportation 796,35971
" Rents 87,20000
Miscellaneous 54,790 43
$2,267,019 43 $1,510,382 62
Balance — net earnings $756.636.81. Payments from net earnings — taxes
5,672.35. Dividends, 5 per cent., $350,000 ; interest, $245,802.73. Balance, sur-
plus, for year, $65,161,73. Total surplus, $1,433,148.70.
Abstract of operations for ten years :
Fiscal
Years.
Train
Mileage.
Passen-
gers.
Mileage.
Tons
Freight.
Mileage.
Gross
Earnings.
Net Earn-
ings.
Divi-
dends.
p.C.
1867-68.
925,241
3,254,782
44,599,648
389,778
15,066,188
$1,643,073 91
$530,909 56
450,000
10
1868-69.
992,009
3,593,237
51,248,678
422,711
16,163,410
1,871,339 02
549,949 22
450,000
10
1869-70.
1,019,630
3,752,794
52,839,503
415,742
15,079,172
1,876.390 31
613,860 70
450,000
10
1870-71.
1,093,138
3,873,587
55,655,987
489,444
18,562,370
1,994,689 23
574,116 94
400,000
8
1871-72.
1.215,996
4,135,469
57,247,475
520,722
20,706,207
2,004,671 83
462,645 83
500,000
10
1872-73.
1,458,963
5,008,074
61,760.456
542,004
20,927,664
2,300,093 68
689.564 73
560,000
8
1873-74.
1,424,698
4,749,785 I 75,061,175
552,922
22.880,690
2,421,799 27
962^30 12
560,000
8
1874-75.
1,576,575
4,906,779 ! 65,423,484
647,374
25,410,756
2,388,740 18
841,018 61
560,000
8
1875-76.
1,645,632
5,086,819
67,897,723
701,945
30,421,902
2.370,619 53
866,000 88
420,000
6
1876-77.
1,647,759
4,442,019
61,779,576
698,881
36,036,193
2,267,019 43
756,636 81
350,000
5
General Balance, September 30, 1877.
Construction $9,514,635 97
Equipment 1,242,230 00
Materials 178,317 39
Stocks, Bonds and Sundries 846,766 24
Cash 150,71587
$11,932,665 47
Capital Stock $6,921,274 52
FundedDebt 3,500,000 00
Notes Payable 32,009 08
Sundry Accounts 46,2&3 17
Profit and Loss 1,433,148 70
$11,932,665 47
Included in stocks and bonds are $27,000 of company's own stock : $263,144.48
of D. and W. R. R. stock, $125,000. Danvers R.R. bonds, and $303,167 Newburyport
U. S. stocks and bonds.
Abstract of road, equipment, and general account for ten years :
ftficoal
Miles
a'
Railroads
Other Pro-
' X1 IbL-cU.
of
.9
Cars.
Stock.
Bonds.
Debt.
Surplus.
and
perty and
Track.
"So
Equipments.
Assets.
1867-68
140.64
43
1,120
$4,471,274 52
$210,000 00
$989,942 45
$4,936,611 20
$524,605 77
1868-69
145 36
45
1,285
4,471,274 52
217,437 00
1,000,420 41
5,096,014 54
375,680 39
1869-70
148.04
46
1,287
4,471,274 52
450,000 00
760,818 81
5,171,995 38
302,257 91
1870-71
148.19
49
1,239
4,921.274 52
646,892 70
1,012,570 29
5,277,949 58
1.302,787 93
1871-72
173.68
61
1,573
6,816;834 52
1,341,861 11
1,016,686 48
7,873,910 48
1,301,471 52
1872-73
224.52
69
1,785
•6,921,274 52
$1,227,500
1,629,699 08
1,018,277 70
10,152,845 48
1,272,996 66
1873-74
298.36
69
1,781
6,921,274 52
2,512,500
901,509 08
1,018,277 70
10,646,836 03
1,293,255 01
1874-75
314.35
73
1,791
6,921,274 52
3,200,500
373,659 39
1,018,277 70
10,880,329 17
1,3?'4,261 98
1875-76
317.14
73
1,786
6,921,274 52
3,400,500
152,009 08
1,369,449 63
10,709,060 71
1,184,870 79
1876-77
318.71
77
1,788
6,921,274 52
3,500,000
32,009 08
1,433,148 70
10,756,865 97
1,175,799 50
RAILROAD MANUAL OF THE UNITED STATES.
61
The par value of capital stock of the company is $7,000,000 ; the amount in the
general balance being that actually received.
Statement of funded debt in detail :
Date of Bonds.
Rate.
Interest
Payable.
Principal
Due.
Amount
Authorized.
Amount out-
standing.
January 1, 1873
7
January & July
January & July
January 1, 1893.
January 1, 1894.
$1,500,000
2,000,000
$1,500,000
2,000,000
January 1, 1874
Summary of rental, capital stock, funded debt, cost, etc., of leased lines :
Rental.
Capital
Stock.
Funded
Debt.
Other
Debt.
Cost of
Construction.
DanversR. R.
$67,500
$150,000
$244,456 00
Dover and Winnip'e R. R
$29,000
480,000
480000 00
Lowell and Andover R R.
52,500
500,000
215,000
742,045 14
Newburyport R. R .
incl. above.
220,340
300,000
$77,046
597,386 00
West Amesbury R. R
5,700
57,000
57,000
114,000 00
$87,200
$1,324,840
$722,000
$77,046
$2,177,887 14
The Boston and Maine R. R. Co. now own all the bonds and a majority of the
stock of the Danvers and the Newburyport R. R. Cos.
Directors (elected December 13, 1877). — Nathaniel G. White, Lawrence, Mass.
John F. Osgood, Boston, Mass.; James R. Nichols, Haverhill, Mass.; George C. Lord,
Boston, Mass.; Amos Paul, South Newmarket, N. H. ; William S. Stevens, Dover,
N. H.; Samuel E. Spring, Portland, Me.; N. W. Farwell, Lewiston, Me.; N. J. Brad-
lee, Boston, Mass.
NATHANIEL G. WHITE, President Boston, Mass.
Superintendent— James T. Furber. . .Boston, Mass.
Treasurer — Amos Blanchard " k'
Auditor— A. R. Turner "
Clerk— Chauncey P. Judd "
Master Mechanic — F. A. Wait Boston, Mass-
Mas. Car Bldr.~T). C. Richardson, Lawrence, Mass-
Gen. Tkt. Agent— John S. Eaton Boston, "
Gen. Fgt. Agent- -W. J. C. Kenney. " "
Mast. Trans. — Moses E. Wood Boston, Mass.
PRINCIPAL OFFICE AND ADDRESS Haymarket Square, Boston, Mass.
DANVEKS BAILftOAD.
Chartered March 15, 1852. Opened, 1856, from Danvers, Mass., to Wakefield
Junction, 9.26 miles.
Rolling Stock and Operations. — Included above.
Financial Statement.— Capital stock, $67,500; funded debt, $150,000 ; outlawed
debt, $26,956.02— total, $244,456.02. Cost of road, $244,456.02.
Directors and Officers.— Same as Boston and Maine R. R.
62 BAILROAD MANUAL OF THE UNITED STATES.
DOVER AND WINNIPISEOGEE EAILROAD,
Chartered July 2, 1847, under name of Cocheco R. R., and road opened Septem-
ber, 1851. In 1863, reorganized under present title, and leased to B. and M. R. R.
Co. for 50 years, at an annual rental of $29,000. It runs from Dover, N. H., to Alton
Bay, N. H., 29 miles.
Rolling Stock and Operations.— Included above.
Financial Statement. — Capital stock, $480,000, representing cost of road.
WILLIAM HALE, President, and G. W. Bean, Secretary Dover, N. H.
PRINCIPAL OFFICE AND ADDRESS Dover, N. H.
LOWELL AND AND OVER RAILEOAD.
Organized in 1873, and road opened December 1, 1874, from Lowell, Mass., to
Andover, Mass., 10.10 miles, with 1.37 miles of branch in Lowell. Leased to the
B. & M. R. R, Co. for 99 years, at an annual rental of $52,500.
Rolling Stock and Operations. — Included above.
Financial Statement, September 30, 1877.— Capital stock, $500,000 ; 6 per cent,
bonds, due July 1, 1894, $215,000 ; profit and loss, $54,966,08 ; total, $769,966.08. Per
contra: For construction, $742,045.14; cash on hand, $27,920.94; total, $769,966.08.
FREDERICK AYER, President; Benjamin Walker, Treasurer. . Lowell, Mass.
PRINCIPAL OFFICE AND ADDRESS Lowell, Mass.
NEWBURYPORT RAILROAD.
Organized February 22, 1855, by consolidation of the Danvers and Georgetown
and the Newburyport R. Rs. It extends from Danvers, Mass., to Newburyport, with
a branch from Georgetown to Bradford, in all 26.98 miles. It was leased to the B.
& M. R. R. Co. in 1859.
Rolling Stock and Operations. — Included above.
Financial Statement. — Capital stock, $220,340.02 ; funded debt (without interest)
due to B. and M. Co., and payable on termination of lease, $300,000 ; floating debt,
$77,046.31— total stock, bonds and debt, $597,386.33. Cost of road and appurtenances,
$597,386.33.
Directors and Officers.— Same as Boston and Maine R. R.
KAILROAD MANUAL OF THE UNITED STATES.
63
WEST AMESBUKY BRANCH RAILROAD.
Tliis road extends from Newton, N. H., to West Amesbury, Mass., 4.5 miles.
Opened January 9, 1873 and leased to B. & M. R. R. Co. at an annual rental of $5,700.
Rolling Stock and Operations.— Included above.
Financial Statement, September 30, 1877. — Capital stock paid in, $57,000; bonds,
$57,000; other indebtedness, $217.61 ; total, $114,217.61. Per contra : Construction,
$114,000.
WILLIAM H. HASKELL, President; J. S. Poyen, Treasurer. West Amesbury, Mass.
PRINCIPAL OFFICE AND ADDRESS West Amesbury, Mass.
BOSTON AND PROVIDENCE RAILROAD.
Line of Road. — Boston, Mass., to Providence, R. I. (double track). . 44.00 miles.
Branches, named below 18.54 "
Leased : Attleboro Branch R. R. . 4.00 "
Total length of line owned, leased, and operated 66.54 miles.
Sidings, etc., 37 miles. Gauge, 4 feet 8£ inches. Rail, 57 to 60 Ibs. Steel rails, 79
miles.
Chartered June 22, 1831, and road was completed in August, 1835. The West
Roxbury Branch. 5 miles, and Dedham Branch. 2 miles, were built at the same time.
The Stoughton Branch, 4 miles, was built under a separate charter in 1845, and was
bought by the B. and P. R. R. Co. in 1872. The India Point Branch, 7.5 miles, was
opened in 1871. The Attleboro Branch R. R. was opened January 9, 1870, and is
operated by the B. and P. R. R. Co., which pays 7 per cent on the capital as rental.
The B. and P. R. R. Co. also bought in 1872 a controlling interest in the Provi-
dence, Warren and Bristol R. R., in connection with the Fall River, Warren and
Providence R. R., which latter it transferred to the Old Colony R. R. Co. It also
owns, with the latter company, the Union Freight R. R. in Boston.
Rolling Stock. — Locomotive engines, 46. Cars — passenger, 97 ; baggage, mail
and express, 17 ; and freight (box, 273 ; platform, 102 ; stock, coal and other, 247), 622
Total revenue cars, 730. Also 44 sno\? plows.
Operations for year ending September 30, 1877. — Trains run — passenger 540,751 ;
freight, 262,316— total, 803,067 miles. Passengers carried, 3,197,600 ; carried one
mile, 35,995.043 Freight moved, 631,850 tons ; moved one mile, 19,155,837.
Earnings.
From Passengers $800,356 25
" Freight 509,206 73
" Mails and Express 43,00104
Miscellaneous 20,79758
$1,373,361 60
Expenditures.
For Maintenance of Way $265,816 93
" Rolling Stock 178,90289
" Transportation 481,33822
Miscellaneous 24,748 27
$950,806 31
64:
BAILROAD MANUAL OF THE UNITED STATES.
Balance — net earnings, $422,555.29. Payments — taxes, $62,262.10; interest,
$101,031.01 ; rent, Attleboro R.R., $11,308.41; leaving balance available, net $247,-
953.77.
Net Income Account.
Receipts. Payments.
Balance from 1876 $457,463 59
Net Income 247,953 77
8705,417 36
Dividends (6 per cent.) $240,000 00
Sundry Payments 71,654 07
Balance Surplus 393,76329
$705,417 36
Included in sundry payments are $40,000 for new iron bridge at Central Falls ;
).27 for depreciation in stock of P., W. and B. R. R., and $3,640.80 charged off
as worthless. The net cash balance remaining on hand from operations for year,
after payment of interest, dividends, etc., was $7,953.77.
Abstract of operations for ten years :
Fiscal
Years.
Train
Mileage.
Passen-
gers.
Mileage.
Freight
Tons.
Mileage.
Gross
Earnings.
Net
Income.
Divi-
dends.
p. C.
1867-68
509,970
510,444
545,824
587,069
702,246
816,554
789,468
800,269
804,871
803,067
2,195,427
2,362,057
2,122,134
2,642.903
3,183,169
3,741,530
3,486,280
3,524,377
3,475,378
3,197,600
33,633,464
29,963 489
27,127,739
31.134.145
36,403,151
41,224,077
38,625,149
38,743,664
37,948,207
35,995,043
381,658
400,374
462,560
562,565
765,733
827,575
738,668
691,318
589,643
631,850
13,648,447
13,021,748
14,999,851
16,755,014
20,406,814
21,350,543
19,113,618
18,449,599
15,735,257
19,155,837
$1,171,448 92
1,280,360 88
1,258,950 67
1,415,480 86
1,716,399 42
1,822,108 18
1,687.279 19
1,581,258 31
1,467,759 56
1,373,361 60
$328.881 65
403,681 38
334,568 84
430,461 19
465,346 83
397,105 10
403,175 42
364,782 20
318,285 57
247,953 77
$268,800
336,000
370,000
370,000
395,000
395.000
400,000
360,000
320,000
240,000
8
10
10
10
10
10
10
9
\
1868-69 .. ..
1869-70
1870-71
1871-72
1872-73
1873-74
1874-75
1875-76 ..:..
1876-77
Dividends since 1869-70 are free of United States tax.
General Balance, September 30, 1877.
Construction and Equipment $4,698,174 38
Materials 153,870 57
Improvements 83,994 78
Kailroad Stocks 344,404 42
Heal Estate 214,295 51
Sundry Accounts , 79,86249
Cash and Cash Items . . . 278, 151 17
$5,852,753 32
Capital Stock $4,000,000 00
Funded Debt.... 500,00000
NotesPayable 794,00000
Dividends 125,722 09
Sundry Accounts 39,268 03
Profit and Loss , 393,76329
$5,852,753 32
The funded debt consists of 7 per cent, bonds, due July 1 , 1893.
The notes payable mature as follows : in 1877, $227,000 ; 1878, $47,000 ; 1879,
$100,000; 1880, $200,000; 1881, $120,000; 1882, $100,000. At the annual meeting
authority was given to renew these notes, as they may fall due, to such amounts as
may be expedient.
During the year a new iron bridge was built over Blackstone River.
EAILKOAD MANUAL OF THE UNITED STATES.
Abstract of capital account for eight years :
1876-77.
1875-76.
1874-75.
1873-74.
1872-73.
1871-72.
1870-71.
1869-70.
Capital Stock
Funded Debt
$
4,000,000
500,000
$
4,000,000
500,000
• $
4,000,000
500,000
$
4.000,000
500,000
$
3,950,000
500000
8
3,950,000
$
3,950,000
$
3,700,000
Notes
794,000
794,000
1,009.000
984,000
552,000
25000
Dividends
125,722
165 761
167 570
207 725
203 018
203 103
207 222
5 753
Taxes
34,848
70,879
Surplus Account..
349,037
471,277
465.085
469,349
531,496
580,297
389,351
699,157
5,768,759
5,965,886
6,141,655
6,231,953
5,736,514
4,733,400
4,544,583
4,429,910
Construction . . .
4 612 774
4 000000
4000000
4 000 000
3 949 915
3 906 538
3 844 114
q 700 1fiQ
Branches
Stocks of R. Rs. . .
Real Estate
85,400
344,404
214,296
' 85,400
371,446
212 169
85,400
633.894
212 169
85,400
648,894
210 169
85,400
615,598
201 580
85,400
15,000
148 142
40,000
15,000
409 041
40,000
15,000
407 131
Materials
153,871
203,871
228 877
306 863
239 166
144 662
126 331
179 530
Improvements ....
83,995
735,305
736,330
627,660
415,697
325,000
Balances, etc
307,804
173,130
211 914
150262
146 915
97 123
72 722
47 994
Cash on hand
50,210
184,565
33,070
202,704
72,243
11,535
37,375
10,086
5,768,759
5,965,886
6,141,655
6,231,953
5,736,514
4,733,400
4,544,583
4,429,910
Directors (elected November 21, 1877).— T. P. I. Goddard, R. C. Taft, Provi-
dence, R. I. ; J. Huntiiigton Wolcott, William R. Robeson, F. M. Weld, J. W. Balcli
and Henry A. Whitney, Boston, Mass.
HENRY A. WHITNEY, President Boston, Mass.
Treasurer— Benjamin B. Torrey Boston, Mass.
Secretary— Winslow Warren " "
Supt. and Purch. Agt.—A.A. Folsom " "
Master Mech.—Q. Richards Boston, Mass.
Gen. Tkt. Agent — James Daily "
Gen. Fgt. Agent— W. H. Morrell .... " "
PRINCIPAL OFFICE AND ADDRESS. . . Park Sq. and Columbus Av., Boston, Mass.
ATTLEBOKOUGH BRANCH RAILROAD.
Opened January 9, 1870, and leased to Boston and Providence R. R. Co. It ex-
tends from Attleborough to South Attleborough, 4 miles, with 1 mile of sidings.
Rolling Stock furnished by lessees.
Operations for year ending September 30,. 1877. — Included in lessees' returns,
Rent received, $9,219.
Financial Statement, September 30, 1877— Capital stock, $131,700; surplus,
$326.73— total, $132,026.73. Per contra : Construction, $130,706.73. Cash, $1,320.
H. N. DAGGETT, Treasurer North Attleborough, Mass.
BOSTON AND MYSTIC VALLEY RAILROAD. (Projected.)
1 Line of Road. — Boston, Mass., to Wilmington, Mass.
Gauge, 3 feet. Rail, 30 Ibs.
5
.17 miles.
66 BAILKOAD MANUAL OF THE UNITED STATES.
This company is organized, and some preparations made toward construction.
No report of financial condition is furnished.
STEPHEN Dow, President Boston, Mass.
Gen. Manager— Henry Blanchard Boston, Maes. | Sec. and Treas.— Granville Parks — Boston, Mass.
PRINCIPAL OFFICE AND ADDRESS 8 Exchange Place, Boston, Mass.
BOSTON, EEYEEE BEACH AND LYNN EAILEOAD.
Line of Road. — East Boston, Mass., to Lynn, Mass 8.8 miles.
Sidings, etc., 0.9 mile. Gauge, 3 feet. Rail, 30 Ibs. to yard.
Chartered in 1874, and road was opened for business July 29, 1875.
Rolling Stock. — Locomotive engines, 6. Cars — passenger, 23 ; freight, 15.
Operations for year ending September 30, 1877.— Trains run, 94,118 miles. Pas-
sengers carried, 857,373 ; carried one mile, 6,430,297. Earnings of R. R., $97,157.84 ;
of Ferry, $17,913.32; total, $115,071.76. Operating expenses, $88,337.89. Net earn-
ings, $26,733.87.
Payments — interest, $8,847.31. Dividends (2 per cent.), $6,984. Balance, sur-
plus for year, $10,902.56. Total surplus, $49,317.76.
General Balance, September 30, 1877.]
Construction and Equipment $496,515 00
Ferry Property, etc 94,152 30
Sundry Accounts 18,421 27
Capital Stock $348,900 00
Bonds, Notes, etc 210,570 81
Surplus 49,31776
$609,088 57
The funded debt consists of $4,000 7 per cent, bonds, payable in 1885. Notes
payable, $188,149.54.
Directors (elected October 18, 1877).— Edwin Walden, J. B. Allen, A. B. Martin,
and Henry Breed, Lynn, Mass. ; Edward Tyler, N. Gibson, J. G. Webster, T. B. Dix,
S. W. Bradbury, D. L. Webster, C. W. Slack, David Loring, Boston ; G. T. Tripp,
Fairhaven, Mass.
EDWIN WALDEN, President Lynn, Mass.
Treasurer— J. G. Webster Boston, Mass.
Supt. and Purch. Agt.—E. H. Whorf, " "
Secretary — David Loring Boston. Mass.
Mast. Mech.—J. L. Folsom
PRINCIPAL OFFICE AND ADDRESS 350 Atlantic av., Boston, Mass.
BOSTON, WINTHROP AND POINT SHIELEY RAILKOAD.
Line of Road. — Winthrop Junction, Mass., to Winthrop, Mass 2 miles.
Gauge, 3 feet. Rail, 20 Ibs. Opened June 7, 1877.
Rolling Stock. — Locomotive engines, 1. Cars, 1.
Operations for four months ending September 30, 1877. Trains run 6,164 miles.
RAILKOAD MANUAL OF THE UNITED STATES.
67
Passengers carried, 22,204; carried one mile, 44,408. Gross earnings, $1,733.93;
operating expenses, $1,675.89; net earnings, $58.04.
Financial Statement, September 30, 1877.— Capital stock, $19,441 ; funded debt
(7 per cent, mortgage bonds, due May 1, 1882), $5,200 ; floating debt, $4,980.60 ; total,
$29,621.60. Per contra: Cost of construction and equipment, $29,679.64.
F. H. HILLS, Treasurer Boston, Mass.
PRINCIPAL OFFICE AND ADDRESS Boston, Mass.
CONNECTICUT KIYER RAILEOAD.
Line of Road. — Springfield, Mass., to South Vernon, Vt 50.00 miles.
-D } • J Cbicopee, Mass., to Chicopee Falls, Mass 2.35 "
( Mount Tom, Mass., to Easthampton, Mass 3.50 i:
Operated : Ashuelot R. R 24.00
Total length of main line and branches owned and operated 79.85 miles.
Sidings, etc., 36. 88 miles. Gauge, 4 feet8/^ inches. Rail, 56 Ibs. Steel rails, 55.5 miles.
This company was formed by the consolidation, July 18, 1845, of the Northamp-
ton and Springfield R. R. Co., chartered March 1, 1842, and the Greenfield and North-
ampton R. R. Co., chartered January 25, 1845. The road was opened to Greenfield
November 23, 1846, and to South Vernon January 1, 1849. The Chicopee branch was
opened 1845, and the Easthampton branch in 1872. The latter was built under a
separate charter, but on its completion was purchased by the Connecticut River R. R.
Co. for $120,000, and all its accounts merged in those of the purchasing company.
The Ashuelot R. R. was leased April 21, 1877, and its" operations since that date are
here stated.
Rolling1 Stock. — Locomotive engines, 36. Cars — passenger, 25 ; baggage, mail,
and express, 14 ; and freight (box, 134 ; platform, 180 ; stock, coal, and other, 45) 359
— total revenue cars, 398. Also, 19 snow plows.
Operations for year ending September 30, 1877.— Trains run— passenger, 201 ,870 ;
freight, 118,526 ; other, 8,743— total, 342,710 miles. Passengers carried, 896,748 ;
carried one mile, 9,777,284 ; freight moved, 292,029 ; moved one mile, 6,858,585 tons.
Earnings.
From Passengers $263,551 57
Freight 274,476 98
Mail and Express 24,165 91
Miscellaneous 11,108 17
$573,302 63
Expenditures.
For Maintenance of Way $101,478 83
" RollingStock 37,78584
" Transportation 138,086 90
Miscellaneous 58,217 84
$335,569 41
Balance— net earnings, $237,733.22. There were also received from accretion to
sinking fund and interest $11,361.04, making net available $249,094.26. Payments
from net earnings— State and other tax, $35,801.95. Dividends, 8 per cent., .$168,000;
interest, $26,647.57. Ashuelot R. R., $5,612.56. Surplus, $13,032.18; surplus at
beginning of year, $548,699.68 ; total surplus, $561,665.23.
68 BAILROAD MANUAL OF THE UNITED STATES.
Abstract of operations for ten years :
Fiscal
Years.
Train
Mileage.
Passen-
gers.
Mileage.
Freight.
Mileage.
Gross
Earnings.
Net
Earnings.
Divi-
dends.
p. C.
1867-68.
280,564
691,133
8,230,250
227,764
6,005,517
$619,348 69
$193,958 71
1161,053
9
1868-69.
306,976
750,793
8,923,930
279,212
6,780,348
649,196 49
202,842 20
170,000
10
1869-70.
315,523
835,954
9,545,m5
304,158
7,736,317
710,366 78
236,609 41
170,000
10
1870-71.
297,350
876,542
10,444,382
332,542
8,275,900
725,391 83
198,157 40
170,000
10
1871-72
324,053
988,504
10,986,048
383,770
9,729,463
733,368 47
215,481 52
185,000
10
1872-73.
350,352
1,124,299
12,336,298
405,801
9,782,187
759,327 10
232,006 00
195,000
10
1873-74.
354,455
1,121,045
12,189.908
327,893
8,028,601
731,770 46
286,619 19
210,000
10
1874-75
329,550
1,050,846
11,667,636
298,822
7,357,921
649,249 26
277,469 78
189,000
9
1875-76.
329.139
921,395
10,359,021
278,508
6,454,027
600,050 32
256,179 00
168,000
8
1876-77.
342,710
896,248
9,777,284
292,029
6,858,585
573,302 63
249,094 26
168,000
8
General Balance, September 30, 1877.
Construction Account $2,691,24289 Capital Stock $2,100,00000
Materials . .
53,893 65
Funded Debt
250,000 00
Sinking Fund
205,624 16
Bills Payable
220,400 00
Sundry Accounts
102,127 32
Sundry Accounts •
115 085 18
Cash and Cash Items
194,262 39
Profit and Loss, and Surplus . .
561 665 23
$3,247,150 41
Abstract of general balances for ten years :
$3,247,150 41
Years.
Miles
Track.
En-
gines.
Cars.
Stock.
Bonds.
Debts.
Surplus,etc.
Construction.
Other
Property.
1867-68.
1868-69.
75.89
65.89
15
16
274
292
$1,700,000
1,700,000
$250,000
250,000
$40,000
$209,092 34
216,146 66
$1,978,742 81
2,043,922 37
$411,612 08
212,079 13
1869-70.
1870-71.
1871-72.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
66.93
73.35
80.85
85.85
92.15
92.85
92.73
92.73
17
17
18
18
18
18
18
36
319
333
368
394
396
396
397
398
1,700,000
1,700,000
1,850,000
1,950,000
2,100,000
2,100,000
2,100,000
2,100,000
250,000
250,000
250,000
250,000
250,000
250,000
250,000
250,000
70,000
132,300
217,500
508,391
399,800
260,400
220,400
220,400
216,110 08
217,102 22
226,985 12
238,793 49
518,030 41
691,726 50
659,289 04
676,750 41
2,100,430 13
2,146,999 52
2,281,341 36
2,469,597 77
2.680,417 32
2,681,122 50
2.691,440 06
2,691,242 89
238,992 16
460,609 09
544,485 12
692,414 93
587,422 09
621,604 00
538,248 98
555,907 52
The funded debt consists of first mortgage 6 per cent, bonds, due Sept. 1, 1878.
Directors (elected January 16, 1878).— Daniel L. Harris, Springfield, Mass. ;
Charles S. Sargent, I. M. Spellman, Edward A. Dana, Boston, Mass. ; Chester W.
Chapin, Springfield, Mass. ; Roland Mather, Hartford, Ct. ; Oscar Edwards, North-
ampton, Mass. ; William B. Washburn, Greenfield, Mass. ; and S. M. Waite, Brattle-
boro', Vt.
DANIEL L. HARRIS, President Springfield, Mass.
Supt. andPurch. Agt.—Jotm Mulligan Springfield.
Secret' y and Treasurer — Seth Hunt . . Northampton.
Auditor— John Whittlesey
Gen. Freight Agent— H. E. Howard Springfield.
Cashier and Paymaster — Geo. E.
. Ticket Agent— F. D. Heywood. . .. Springfield.
Master Mechanic — W. H. Stearns
Road Master— 3. K. Patch
Master Car Builder— R. Hitchcock
Frink Springfield, Mass.
PRINCIPAL OFFICE AND ADDRESS Springfield, Mass.
RAILROAD MANUAL OF THE UNITED STATES. 69
ASHUELOT KAILKOAD.
Chartered December 27, 1844, and road opened January 1, 1851. It extends from
Keene, N. H., to South Vernon, Vt., 24 miles, with 2 miles of sidings. The Connecti-
cut River R. R. Co. operates the road.
'.Rolling Stock.— Furnished by lessees.
Operations for year ending September 30, 1877. — Not reported.
Financial Statement.— Funded debt, originally $200,000, of which $165,000 were
owned by the Cheshire R. R. Co. These have all been retired except $9,500. The
nominal cost of the road is $350,000.
SAMUEL W. HALL, President Keene, N. H.
DUXBUEY AND COHASSET KAILKOAD.
Line of Road. — Cohasset, Mass., to Kingston, Mass 20.81 miles.
Sidings, etc., 1.70 mile. Gauge, 4 feet 8-J inches. Rail, 56 Ibs.
Chartered in 1867, and road opened to Duxbury August 21, 1871, and to King-
ston June 21, 1874.
Rolling Stock.— Furnished by South Shore R. R. Co.
Operations for year ending September 30, 1877. — Trains run — passenger, 28,835,
freight, etc., 7,378 — total, 36,213 miles. Passengers carried, 97,428 ; carried one mile,
747,433. i Freight moved, 9,737; one mile, 96,155 tons. Gross earnings, $34,222.-
69 ; operating expenses, $40,478.17; deficit, $6,255.48. Interest paid, $4,685.62. Total
deficit, $32,588.43.
Financial Statement, September 30, 1877.— Capital stock, $390,000; bills pay-
able, $101,160.07; total, $491,160.07. Per contra : Cost of construction, $455,799.85;
bills receivable and deficit, $35,360.22.
ONSLOW STEARNS, President Boston, Mass.
PRINCIPAL OFFICE AND ADDRESS P. 0. Box 5,251, Boston, Mass.
EASTERN" KAILKOAD.
Line of Road.— Boston, Mass., to State Line, N. H 41.390 miles.
Branches named below ,. . 76.596 "
Leased lines, named below 163.980 "
Total length of lines owned, leased, and operated 281.966 miles.
Double track, 39.196 miles. Sidings, 66.043 miles. Gauge, 4 feet 8| inches. Rail, 56
70
RAILROAD MANUAL OF THE UNITED STATES.
and 63 Ibs. Steel rails, 107.32 miles. Length in Massachusetts, 120.79 ; New Hamp-
shire, 107.63 ; Maine, 53.55 miles.
The Eastern R. R. Co. of Massachusetts was chartered April 14, 1836, with author-
ity to construct a railroad from East Boston to the New Hampshire line, between
which points the road was completed November 9, 1840. The several branches were
opened as follows : Marblehead, December 10, 1839 ; Gloucester, December 1, 1847 ;
Salisbury, January 1, 1848 ; Saugus — built under a separate charter, and purchased
by E. R. R. Co. — 1853 ; South Reading, also built under a separate charter, Septem-
ber 1, 1850 ; Lawrence — built under charter of Essex R. R. Co., and purchased by
E. R. R. Co.— July, 1850 ; Asbury Grove, August, 1871 ; Essex, May, 1872 ; Swamp-
scott, October 21, 1873 ; Charlestown, October 1, 1874.
In 1852, a change of terminus from East Boston to Boston was determined, and
the new line opened April 10, 1854. In 1875, the company fell into financial difficul-
ties, and a reorganization was effected, under terms given in the MANUAL of 1876-77.
BRANCHES :
East Boston (double track). . . 3.31 m.
Charlestown " ... 1.09 "
Saugus 9.52 "
Swampscott 3.80 "
Marblehead 4.00 "
Lawrence. , 19.66 "
South Reading 8.12 m.
Gloucester 17.35 "
Essex 5.00 "
Asbury Grove 1.00 "
Salisbury 3.75 "
Total branches.. , 76.60m.
LEASED LINES :
Eastern R. R. of N. H 15.90 m.
Newburyport City R. R 2.80 "
Portland, Saco and Portsm'th
R. R.. . 51.00 "
Portsmouth and Dover R. R... . 10.88 m.
Portsm'th, Gt. Falls & Con way.. 71.37 "
Wolfeboro R. R. . 12.03 "
Total leased lines 163.98 m.
Boiling Stock. — Locomotive engines, 94. Cars — passenger, 138 ; baggage, mail,
and express, 37 ; and freight (box, 793 ; platform, 774 ; stock, coal, and other, 32),
1,599 — total revenue cars, 1,774. Also, 27 snow plows. Of the locomotives, 22 are
leased ; as well as 2 baggage and 259 freight cars, and 5 snow plows.
Operations for year ending September 30, 1877. — Trains run — passenger,
1,089,833 ; freight, 558,671 ; and other, 56,298— total, 1,704,802 miles. Passengers car-
ried, 4,978,255 ; carried one mile, 68,502,002. Freight moved, 704,810 tons ; moved
one mile, 39,099,659 tons.
Earnings.
From Passengers $1,384,117 15
" Freight 969,85220
" Mail and Express 89,620 66
Miscellaneous 64,517 50
Expenditures.
For Maintenance of Way $380,217 55
" Rolling Stock 197,38764
" Transportation 958.537 87
Miscellaneous 118,475 31
$2,508,107 51
$1,654,618 37
Balance — net earnings, $953,618.37. Payments from net earnings — State and
local tax, $54,171.83. Balance available, $799,317.31. Payments : Rents— P., S. and
P. R. R., $106,211.01 ; P. and D. R. R, $41,221.67; W. R. R., $2,916 ; Newburyport
RAILROAD MANUAL OF THE UNITED STATES.
71
City R. R., $6,000 ; P., G. F. & C. R. R., $36,295 ; Boston and Maine R. R., $1,986.11 ;
Boston and Albany R. R., $7,456.95. Total, $202,086.74. Interest for year, $572,997.47.
Total, $775,084.21. Balance— surplus for year, $24,233.10. No dividend has been
paid since July, 1873.
Abstract of operations for ten years :
Fiscal
Years.
Train
Mileage.
Passen-
gers.
Mileage.
Freight
Tons.
Mileage.
Gross
Earnings.
Net
Earnings.
Divi-
dends
1867-68.
900,280
2,106,787
44,047,644
281,809
7,947,902
$1,452,212 10
$558,938 82
8
1868-69.
959,318
3,849,247
57,357,609
321,326
8,896,106
1,675,238 59
702,540,69
8
1869-70.
920,839
4,254,779
61,464,917
341,631
9,372,752
1,753,324 12
742,148 29
8
1870-71.
1,152,426
4,610,277
59,ft39,325
365,965
10,204,890
1,871,637 29
635,308 66
8
1871-72.
1,403,179
5,000,309
66,496,488
424,320
12,832,483
1,973,622 83
574,207 36
8
1872-73.
1,585,229
5,696,357
75,789,970
586,153
20,651,884
2,229,839 28
543,141 87
1873-74.
2,305,408
6,019,990
85,730,313
669,420
37,086,866
2,987,299 57
988,317 94
1874-75.
2,082,732
5,386,038
75,201,867
661,886
35,687,333
2,827,290 74
757,419 13
1875-76.
2,033,508
4,796,275
69,453,812
634,508
34,224,3&3
2,470,971 02
683,594 06
1876-77.
1,704,802
4,978,255
68,502,002
704,810
39,099,659
2,508,107 51
799,317 31
Profit and Loss Account, Tear ending September 30, 1877.
Balance, September 30, 1876 $10,039,339 51
Old Claims, etc., settled 194,544 48
Decrease in Values 116,532 00
Interest and Rents 775,084 21
Operating Account and Taxes for Year 1,708,790 20
Income for Year $2,508,10751
Baring Bros. & Co 6,873 06
Materials, etc 11,478 72
Old Accounts 9,028 71
Balance, Deficit 10,298,802 40
$12,834,290 40
General Balance, September 30, 1877.
$12,834,290 40
Construction Account $7,000,000 00
Equipment 921,900 00
Materials 219,080 83
Property 1 ,517,210 00
Sundry Accounts 247,312 08
Cash 41,606 06
Balance, Profit and Loss 10,298,802 40
Capital Stock $4,997,600 00
Funded Debt 13,476,777 54
Notes Payable 1,214,27054
Current Accounts, etc 238,620 17
Dividends Unpaid 15,817 00
Accrued Interest 192,247 44
Accrued Rentals 110,578 68
$20,245,911 37
Statement of funded debt in detail, September 30, 1875 :
$20,245,911 37
Titles of Bonds.
Date of
Issue.
Inter-
est.
Payable.
Principal
Payable.
Issued.
Out-
standing.
1st Mortgage (Essex R. R.)..,
Bonds of 1865-85
Sept., 1856.
April, 1865.
6
6
Jan. and July . . .
April and Oct. . . .
1876
1885
$194,400
160,000
$194,400
160,000
Bonds of 1867-87
March.,1867.
7
1887
959,000
Bonds of 1868-88
March, 1868.
6
March and* Sept.
1888
500,000
500,000
Bonds of 1869...
May, 1869
6
May and Nov.. .
1889
1,000,000
1,000,000
Bonds of 1873-93
Mar 1 1873
6
March and Sept
1893
2,878,048
Sinking Fund, 1874
7
1884
2,000,000
The above statement shows the funded debt, prior to reorganization. By act of
April 28, 1876, a new arrangement of all the outstanding debt was authorized, and,
under its provisions, certificates of indebtedness were issued. The details of the re-
organization of the debt are given in the MANUAL for 1876-77.
72 RAILKOAD MANUAL OF THE UNITED STATES.
The debt of the company, September 30, 1877, was as follows :
Funded Debt.
Amount.
Interest,including
Gold Premium.
Gold Certificates of Indebtedness...
" Scrip Certificates
Sterling Certificates of Indebtedness.
" Scrip Certificates
$9,432,500 00
24,276 13
3,065,408 35
154 08
Total Mortgage Certificates.
Amount to be Funded
Essex K. R. Bonds
$12,522,338 56
760,038 98
194,400 00
$461,714 39
27,795 47
11,664 00
Total Funded Debt.
Notes Payable, Secured.
Current Pay Rolls, etc. .
Total Debt Liability.
$13,476,777 54
1,214,270 54
557,263 29
$501,173 86
71,823 61
$15,248,311 37
$572,997 47
The cash assets amounted to $507,998.97, consisting of— Cash, $41,606.06 ; fuel
on hand, $88,256.53 ; materials, etc., $130,824.30 ; due from R. Rs. and agents,
$247,312.08.
During the year the questions at issue between this company and the Boston and
Maine R. R. Co. were satisfactorily settled, and a supplementary agreement made
with the P., S. and P. R. R. Co., by which the E. R. R. Co. pay to that company for
the use of its road about $4 per share, semi-annually, for four years from July 1,
1877, and after that $3 per share. Suit has been brought by the Eastern R. R.
Co. of New Hampshire, for the abrogation of the contracts of 1840 and 1862, and is
now pending before the Supreme Court of that State. The question of payment of
interest on the bonds of the Great Falls, Conway and Portsmouth R. R. Co. has
been submitted to the Supreme Court of Massachusetts.
The date of the fiscal year has been changed from November 30 to September 30.
Abstract of general balances for eight years :
1869-70.
1870-71.
1871-72.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
Capital Stock
Funded Debt
Temporary Loan..
$
4,062,600
3,037,400
575,200
$
4,262,600
2,987,400
1,520,146
$
4,262,600
3,874,400
1,580,100
$
4,997,600
4,410.400
2,108,277
$
4,997,600
5,733,300
$
4,997,600
5,691,488
2,763,124
$
4,997,600
12,337,324
2,420,160
$
4,997,600
13,476,778
Sundry Accounts
163,797
606,746
549,307
515,080
480,317
497,740
557,263
Profit and Loss. . .
180,543
91,219
128,655
150,050
374,646
Notes
1,558,000
2447000
5 696,900
5,676,560
1,214,271
Surplus Earnings .
635,353
154,957
252,327
Interest Accrued..
248260
7,855,743
9,025,162
12,645,854
14,817,592
17,569,854
19,857,249
20,252,824
20,245,912
Construction
5,789,375
993,887
5,927,802
1,261,499
7,089,220
1,818,604
8,540,527
2,447,386
11,906,000
2,343,064
12,739,247
2,358,567
7,000,000
921,900
7,000,000
921,900
Real Estate, etc..
519,444
229 597
1,362,026
448,139
2,558,996
424 289
2,722,822
784 939
2,541,008
436 343
3,534,827
335 552
1,638,422
330 350
1,517,210
247 312
Materials
151,517
301,230
317,910
266,437
263,589
166,594
219.082
434,785
New Work
64,392
Profit and Loss . .
607,202
10,039,339
10,298,802
Cash
171,922
25,696
18,730
4,008
12,610
18,265
156,219
41,606
7,855,743
9,025,162
'.12,645,854
14,817,592
17,569,854
19,857,249
20,252,824
20,245,912
BALLROAD MANUAL OF THE UNITED STATES.
Summary of leased lines, September 30, 1877 :
73
Miles.
Rental.
Capital
Stock.
Funded
Debt.
Other Debt.
Cost of
Construction.
Eastern (N. H.) K. R
15.90
$492,500
$202,517 75
$695,017 75
Newburvport City R. R
2.80
$6,000
100,000
$25,000
23,646 69
121,754 66
Portland Saco & P'th R R. .
51 00
106,211
1,500000
250,000
2,226,602 50
Portsmouth and Dover R. R. .
10.88
41,222
800,000
800,000 00
P'th Gt. Falls & Conway R. R.
71.37
36,295
1,360,000
1,033,666
2,183,300 00
Wolfeboro' R R.... ....
12 03
2 916
337 900
337,900 00
163.98
$192,&44
$4,590,000
$1,308,000
$226,164 44
$6,364,574 41
The conversion of the entire unsecured debt under the general mortgage is ex-
pected to be completed at an early day.
Directors (elected December 12, 1877).— A. P. Rockwell, Geo. Ripley, G. P. King,
C. H. Dalton, John Cummings, and J. W. Johnson, Boston, Mass.; G. W. Gill, Wor-
cester, Mass.; G. S. Morrison, New York; and G. E. B. Jackson, Portland, Me.
A. P. ROCKWELL, President Boston, Mass.
Treasurer— -N. G. Chapin Boston.
Master of Maintenance of Way — H. Bissell.. Salem.
Master of Polling Stock— -C. M. Lewis Boston.
Clerk— E. C. Perkins "
Master of Transportation — John Hornby. .Boston.
General Ticket Agent— B. F. Patrick "
General Freight Agent— W. F. Berry "
Purchasing Agent— H. H. Elliott "
PKINCIPAL OFFICE AND ADDRESS Causeway Street, Boston, Mass.
EASTEKN (K H.) KAILKOAD.
Chartered June 18, 1836, and road opened November 9, 1840. It extends from
the State Line between Massachusetts and New Hampshire to the State Line between
New Hampshire and Maine, 15.9 miles, with 5 miles of sidings. It was leased, on
completion, to the Eastern R. R. Co. of Massachusetts, and has since been operated
by that company, which furnishes all equipment, and no separate accounts of its
operations are kept. The suit brought to test the validity of the lease from the
N. H. to the Massachusetts Company is still pending before the Supreme Court of
New Hampshire.
Financial Statement, June 30, 1877. — Liabilities — Capital stock, $492,500 ; notes
payable, $400; unpaid dividends, $892— total, $493,792. Assets— Cash on hand,
$958.78; balance, representing cost of road, $492,833.22.
Directors (elected July 10, 1877).— Moody Currier, Manchester, N. H. ; Dexter
Richards, Newport, N. H. ; F. Thompson, Walter Hastings, E. L. Giddings, Boston,
Mass.
MOODY CURRIER, President Manchester, N. H.
Treasurer— T. J. Lee Boston, Mass. | Clerk— W. H. Hackett Portsmouth, N. H.
PRINCIPAL OFFICE AND ADDRESS Boston, Mass.
74: RAILROAD MANUAL OF THE UNITED STATES.
NEWBUEYPOET CITY EAILEOAD.
Chartered in 1870, and road opened in September, 1872. It extends from the
Eastern R. R. at Newburyport to the wharves in that city, 2.8 miles, with 0.36 mile
sidings. It was leased to this company at an annual rent of $6,000 for 20 years.
Operations. — Included in lessees' returns.
Financial Statement, September 30, 1877. — Capital stock authorized, $100,000 ;
paid in, $97,000. Funded debt, 7 per cent., due 1892, $25,000; floating debt,
$23,646.69. Per contra : Cost of railroad, $121,75466.
Treasurer— A. W. Greenleaf... Newburyport, Mass. | Clerk— A.. W. Greenleaf Newburyport, Mass.
PRINCIPAL OFFICE AND ADDRESS Newburyport, Mass.
POETLAND, SAGO AND POETSMOUTH EAILEOAD.
Chartered March 14, 1837, and road opened November 21, 1842. It extends from
Portland, Me., to Portsmouth, N. H., 51 miles, with 13.69 miles of sidings, and 14
miles of steel rails. On its completion it was leased jointly by the Eastern R. R. Co.
of Massachusetts, and the Boston and Maine R. R. Co. ; but on the 18th of March,
1871, it was leased exclusively to the Eastern R. R. Co. at a rental of 10 per cent, per
annum on its capital stock. This was subsequently modified to a rental from July 1,
1875, to July 1, 1877, of 6 per cent, per annum on the capital, and on the 21st of May,
1877, to a rental of $4 per share for four years from July 1, 1877, and after that $3
per share.
Rolling Stock. — Locomotive engines, 19. Cars — all kinds, 207.
Operations for year ending September 30, 1877.— Not reported. The payments
by lessees were, $106,211.
Financial Statement.— Capital stock, $1,500,000; 7 per cent, notes, $125,000;
other debts, $177,656.35— total, $1,802,656.35. Cost of R. R. and equipment,
$2,226,602.50.
S. LOTHROP THORNBIKE, President Boston, Mass.
POETSMOUTH AND DOVEE EAILEOAD.
Chartered in 1870, and road was opened February 1, 1874. The road extends from
Portsmouth, N. H., to Dover, N. H., 10.88 miles, with 2 miles of sidings. It was
leased, on completion, to the Eastern R. R. Co. of N. H. for 50 years, at an annual
rent of 6 per cent, on cost of construction, amounting to $800,000. The lease is trans-
ferred to the Eastern R. R. of Massachusetts, by whom the road is operated. The
BAILROAD MANUAL OF THE UNITED STATES. 75
rental for the year was $41,221.67. The gross income was $20,537.94, and operating
expenses $20,498.59.
Financial Statement, September 30, 1877. — Capital stock authorized, $800,000 ;
subscribed and paid in, $800,000. No report of cost of road.
FRANK JONES, President Portsmouth, N. H.
PRINCIPAL OFFICE AND ADDRESS Portsmouth, N. H.
PORTSMOUTH, GEE AT FALLS AND CON WAY R R.
Chartered in 1865, as successor of Great Falls and Con way R. R. Co., chartered
June 19, 1844, and subsequently foreclosed. Road completed from Conway Junction,
Me., to North Conway, N. H., 71.37 miles, with 5 miles of sidings, June 3, 1872.
Leased to the Eastern R. R. Co. of N. H. , and operated by the E. R. R. of Massachu-
setts.
Operations for year ending September 30, 1877. — Included in lessees' returns.
Rental, 7 per cent, on $514,000, $36,295.
Financial Statement, May 1, 1877. — Capital stock authorized, $1,360,000; paid
in, $1,150,300 ; funded debt, $1.033,000— total stock and bonds, $2,183,300, represent-
ing cost of road.
The funded debt is payable December 1, 1892, and $486.000 of this belongs to the
Eastern R. R. Co., as well as $551.300 of stock.
On the 1st of December, 1877, the question of payment of interest then accrued
by lessees was referred to the Supreme Court, the amount being set aside as a fund
to pay interest in case of decision in favor of the company.
W. H. Y. HACKETT, President Portsmouth, N. H.
PRINCIPAL OFFICE AND ADDRESS Portsmouth, N. H.
WOLFEBORO RAILROAD.
Chartered in 1868, and road opened in 1870. It extends from Sanborn's Mills,
on the line of the P., G. F. & C. R. R. to Wolfeboro, N. H., 12 miles, with 1 mile of
sidings. Leased to the E. R. R. Co. of N. H. for 68 years, at an annual rental of 3 per
cent, on the capital stock, and operated by the E. R. R. of Massachusetts under the
terms of the lease, that company owning $289.400 of the stock.
Operations for year ending September 30, 1877. — Included above. Lease rent for
year, $2.916.
Financial Statement. —Capital stock, $337.900, representing cost of road.
Officers.— Same as Eastern R. R. Co. of Massachusetts.
76
RAILROAD MANUAL OF THE UNITED STATES.
FALL EIYER RAILKOAD.
Line of Road. — Fall River, Mass., to New Bedford, Mass 12.25 miles.
Sidings, 0.673 mile. Gauge, 4 feet Si inches. Bail, 56 Ibs.
This company was chartered in 1874, and the road opened December 16, 1875.
Rolling Stock. — Not reported.
Operations for year ending September 30,1877. — Trains ran— passenger, 35,784;
freight, 9,324 — total, 45,108 miles. Passengers carried, 45,204 ; carried one mile,
534,284. Freight moved, 28,866 : moved one mile, 350,939 tons.
Gross Earnings, $35,584.37. Operating expenses, $28,932.55. Balance, net earn-
ings, $6,651.82. Payments— interest, $16,487.67; balance, deficit, $9,835. 85.
Financial Statement, September 30, 1877.— Capital stock paid in, $200,000;
funded debt, $200,000, consisting of 7 per cent. 1st mortgage bonds, due April 1, 1895 ;
bills payable, etc., $53,046.23— total, $453,046.23. Per contra : Construction account,
$438,977.35; miscellaneous accounts, $4,498.24 ; profit and loss, $9,570.64.
J. A. BEAUVAIS, President New Bedford, Mass.
PRINCIPAL OFFICE AND ADDRESS Fall River, Mass.
FITCIIBUKG EAILROAD.
Line of Road. — Boston, Mass., to Fitchburg, Mass, (double track). . . 50.68 miles,
Branches, named below 42.64 "
Leased lines, named below 80.11 "
Total length of line owned, leased, and operated 173.43 miles.
Sidings, etc., 59.09 m. Gauge 4 ft. 8J in. Rail, 56 and 60 Ibs. Steel rails, 26 m.
Chartered March 3, 1842, and road opened to Waltham December 20, 1843, and
Completed to Fitchburg, March 5, 1845. All the branches were built under separate
charters, but were subsequently consolidated with the Fitchburg R. R.
BRANCHES AND LEASED LINES :
Watertown 6.60 miles.
Marlboro' 12.42 "
Vermont and Mass. R. R. . .56.00 "
Turner's Falls Branch 2.80 miles.
Peterboro' and Shirley R. R.23.62 "
Troy and Greenfield R. R, . . .21.31 "
Rolling Stock. — Locomotive engines, 67. Cars — passenger, 75 ; baggage, mail,
and express, 21 ; and freight (box, 860 ; platform, 549 ; stock, coal, and other, 90),
1,499 — total revenue cars, 1,595. Also, 9 snow plows.
Operations for year ending September 30, 1877. — Trains run — passenger, 630,355 ;
freight, 720,491 ; and other, 20,679— total, 1,371,525 miles. Passengers carried,
2,149,290; carried one mile, 30,690,340. Freight moved, 955,771 tons; moved one
mile, 42,261,856 tons.
RAILROAD MANUAL OF THE UNITED STATES.
77
Earnings.
From Passengers $634,391 40
« Freight....' 1,106,16117
" Mail and Express 51,61579
Miscellaneous 128,254 37
$1,920,413 73
Expenditures.
For Maintenance of Way $313,466 57
" Rolling Stock 192,78087
" Transportation 726,28033
Miscellaneous 44,978 31
$1,277,506 08
Balance, $642,907.65. Included in net earnings are $104,154.06 rentals from other
roads. State and local tax, $86,169.89, leaving as net earnings, $556,737.76. Pay-
ments — rents, $214,558.89; interest, on funded debt, $35,000; on other debt,
$20,425.02; dividends paid (6 per cent.), $240,000. Balance— surplus, $46,753.85;
total surplus at close of year, $522,168.94.
Abstract of operations for ten years :
Fiscal
Years.
Train
Mileage.
Passengers.
Mileage.
Freight.
Mileage.
Gross
Earnings.
Net
Earnings.
Divi-
dends.
1867-68.
1868-69.
1869-70.
1870-71.
1871-72.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
556,594
614,525
645,305
666,057
716,246
759,081
922,879
997,093
1,174,773
1,371,525
1,622,156
1,767,249
1,957,170
1,793.222
1,869^27
1,931,336
2,236,089
2,536,566
2,293,727
2,149,290
20,619,491
22,134,414
24,393,881
22,705,034
24,341,123
25,706,375
29,304,024
31,992,341
29,537,753
30,690,340
559,368
670,439
634,615
15,659,871
16,941,140
16,276,271
$1,155,259 32
1,290,593 82
1,303,124 72
1,327,341 16
1,350,289 35
1,399,312 75
1,628,612 23
1,720,524 71
1,859,455 33
1,920,413 73
$344,300 62
341,879 76
302,742 59
316,737 93
323,934 87
340,078 65
325,655 17
394,023 15
529,616 90
556,737 76
8
8
8
8
8
8
8
8
8
6
740,123
777,268
965,796
726,766
887,859
955,771
19,678,511
20,903,492
21,548,190
22,131,844
41,692,039
42,261,856
General Balance, September 30, 1877.
Construction and Equipment $4,814,756 89 Capital Stock $4,000,000 00
Real Estate 270,248 54 Bonds 500,000 00
Vermont and Massachusetts Railroad. 492,075 80 . Notes Payable 863,000 00
Cash and Cash Funds 195,398 71 ! Profit and Loss 522,168 94
Sinking Fund . 123,941 98 Due Connecting Roads 177,28789
Stock Material and Fuel 277,992 14 : Miscellaneous Accounts 111,957 23
3,174,414 06
Abstract of road and equipment, and general account for ten years :
$6,174,414 06
Close
of
Years.
Miles of
Track.
En-
gines.
Cars.
Stock.
Bonds.
Debts.
Profit and
Loss, etc.
Railroad
and
Equipment.
Property
and
Assets.
1867-68.
170.86
31
554
$3,540,000
$40,235 62
$556,475 98
$3,540,000 00
$596,711 60
1868-69.
173.91
32
561
3,540,000
94,132 94
547,050 44
3,540,000 00
641,183 38
1869-70.
175.84
35
563
3,640,000
501,230 33
3,640,000 00
501,230 33
1870-71.
176.00
36
567
4,000,000
7,573 87
513,427 95
4,000,000 00
521,001 82
1871-72.
178.00
38
747
4,000,000
28,960 86
511.300 05
4,000,000 00
540,260 91
1872-73.
183.27
39
832
4,000,000
260,167 09
531,378 70
4,162,200 07
418,812 59
1873-74.
1874-75.
1875-76.
1876-77.
234.58
278.05
283.07
286.66
54
54
58
67
1,266
1,341
1,341
1,595
4,000,000
4,000,000
4,000,000
4,000,000
$500,000
500,000
500,000
500,000
79,696 '94
94,079 78
225,000 00
863,000 00
537,033 87
616,565 49
684,063 05
811,414 06
4,228,641 20
4,406,643 10
4,553,434 02
4,814,756 89
851,818 02
804,002 17
855,629 03
1,359,657 17
78
KAILKOAD MANUAL OF THE UNITED STATES.
Directors (elected January 29, 1878).— William B. Stearns, Boston, Mass.; Rodney
Wallace, Fitchburg, Mass.; C. M. Getting, Boston, Mass.; Seth Bemis, Newton, Mass. ;
and Robert Codman, Boston, Mass.
WILLIAM B. STEARNS, President Boston, Mass.
Treasure1) — M. D. Benson ........... Boston, Mass.
Gen. Supt.—C. L. Hey wood .........
A f c,^o (John Adams "
Asst.
Comee (V. &M.).... Fitchburg.
Road Master— L. J. Spaulding. . ...... Ayer, Mass.
Purchasing Agent — John Adams ____ Boston, Mass.
Secretary — Thomas Whittemore Boston, Mass.
Chief Engineer — E. K. Turner
Master Mechanic— George A. Coolidge
Master Car Builder— ~Eno$ Varney..
Gen. Ticket Agent— C. C. Daggett. . .
Gen. Freight Agent — C. L. Hartwell.
PRINCIPAL OFFICE AND ADDRESS Boston, Mass.
TEOY AND GEEENFIELD EAILKOAD.
This road was built by the Commonwealth of Massachusetts, and extends from
Greenfield, Mass., to the State line of Vermont — where it connects with the Troy
and Boston R. R. — 44 miles, with 15 miles of sidings. The portion from North Adams
to State line, 7 miles, is leased to the T. and B. R. R. Co. The road was opened
throughout its entire length, including Hoosac tunnel, for freight, April 5, and for
passengers July 8, 1875. On the 8th of October, 1866, the Fitchburg R. R. Co., jointly
with the Vermont and Massachusetts R. R. Co., leased the T. and G. R. R. , at an
annual rental of $30,000, until the completion of the Hoosac tunnel. This contract
terminated in 1875 ; and since that time the Fitchburg R. R. Co. have paid tolls for
the use of the road. During the year ending December 31, 1877, 120,879 passengers
and 325,992 tons of freight were transported, for which the payments were, on pas-
senger business, $46,825.67, on freight business, $92,869.90, on mails, etc., $4,445.68,
and on other business, $14,000— a total of $158,141.25. Of this sum, $97,905.94 went
to the State — the operating expenses being $60,235.31.
The cost of the whole road, including Hoosac tunnel, is $18,000,000. Sinking
Fund, $4,000,000.
JEREMIAH PRESCOTT, Manager North Adams, Mass.
YEKMONT AND MASSACHUSETTS EAILEOAD.
Chartered in Vermont in October, 1843, and in Massachusetts March 15, 1844 ; and
consolidation made November 22, 1844. Opened April 15, 1849. It extends from
Fitchburg, Mass., to Greenfield, Mass., 56 miles, with a branch from Grout's Corners
to Brattleboro', Vt., 21.31 miles ; and from Greenfield to Turner's Falls, 2.8 miles.
The latter was constructed under a separate charter, and absorbed into the company by
purchase, about 1870, for $145,300.63. Total sidings, 18.12 miles. The Brattleboro'
branch is leased to New London Northern R. R. Co. The Vt. and M. R. R. was
KAILEOAD MANUAL OF THE UNITED STATES. 79
leased for4999 years'from January 1, 1874, to the Fitchburg R. R., at an annual
rental of 4 per cent a year for the first two years, 5 per cent, for the next two, and 6
per cent, a year thereafter. The total rental for year ending September 30, 1877, was
$210,808.89, of which $121,550 was for dividends, and the remainder for interest,
etc. $270,616.74 were spent by the Fitchburg R. R. Co. for improvements.
Financial Statement, September 30, 1877. — Cost of construction and equipment,
$3,549,561.65; Turner's Falls Branch, $145,300.63 ; miscellaneous accounts and cash,
$110,309.77— total, $3,805,341.80. Per contra : Capital stock, $2,860,000 ; funded debt,
$900,000 ; other accounts, $45,341.80— total, $3,805,341.80.
The funded debt consists of $550,000 1st mortgage 6 per cent, bonds, due July 1,
1883 ; $200,000 convertible bonds, 7 per cent., due July 1, 1879 ; and $150,000 con-
vertible bonds, 7 per cent., due July 1, 1885.
The company maintains merely a pro forma organization, being practically con-
solidated with the Fitchburg^Railroad.
DANIEL S. RICHAKDSON, President Lowell, Mass.
GKAFTON CENTKE KAILROAD.
Line of Road. — Grafton Centre, Mass., to Grafton (B. and A. R. R.) 3 miles.
Gauge, 3 feet. Rail, 35 Ibs. Opened August 20, 1874.
Rolling Stock. — Locomotive engines, 1. Cars — passenger, 1 ; other, 1 — total
revenue cars, 2."
Operations for year ending' September 30, 1877. — Trains run — passenger, 14,085.
Passengers carried, 24,769 ; carried one mile, 74,307. Earnings, $3,686.12 ; operating
expences, $3,217.12. Net earnings, $469. The interest account amounted to $560,
making a deficit for the year of $91.00.
Financial Statement, September 30,1877.— Capital stock, $29,830 ; funded debt,
$10,000 ; other :debt, $3,306.46— total, $43,136.46. Per contra : Construction and
equipment, $42,925.70.
The funded debt consists of $10,000 1st mortgage 7 per cent, bonds, due May 1,
1885.
J. D. WHEELER, President Grafton, Mass.
Superintendent— W . Faulkner Grafton, Mass. | Treasurer— H. F. Wing Grafton, Mass.
PRINCIPAL OFFICE AND ADDRESS Grafton, Mass.
HANOVEB BKANCH (MASS.) EAILKOAD.
Line of Road. — Hanover, Mass., to North Abington, Mass. (O. C. R. R.), 8 miles.
Sidings and other tracks, 1 mile. Gauge, 4 feet 8| inches. Rail,' 56 Ibs.
Opened July 18, 1868.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 6 ; freight, 18 — total, 24.
Operations for year ending September 30, 1877. — Trains (mixed) run, 23,060
miles. Passengers carried, 75,400 ; carried one mile, 308,600. Freight moved, 17,806
80 EAILROAD MANUAL OF THE UNITED STATES.
tons ; moved one mile," 66,110 tons. Gross earnings, $30,013.15 ; operating expenses,
$23,497.47; net earnings, $6,515.68. Payments— interest, $2,831.75 ; dividends, 3 per
cent., $3,714.
Financial Statement, September 30, 1877.— Capital stock, $123,950 ; funded
debt, $40,000; floating debt, $2,684.69; surplus, $96,798.73— total, $263,433.42. Per
contra: Construction, $194,826.66 ; equipment, $60,562.69. Cash, etc., $8,044.07. The
funded debt consists of $40,000 1st mortgage 7 per cent, bonds, due on demand.
E. Y. PERRY, President South Hanover, Mass.
Treasurer— Albert Culver Kockland, Mass. | Cleric— C. T. Phillips Hanson, Mass.
PRINCIPAL OFFICE AND ADDRESS. . South Hanover, Mass.
LANCASTEE EAILEOAD.
Line of Road. — Lancaster, Mass., to Hudson, Mass 8.4 miles.
This road was completed in 1873 ; but the contract of lease was not carried into
effect, and the road Las never been operated.
Financial Statement, September 30, 1877.— Capital stock, $124,920 ; funded debt,
$47,000; floating debt, $58,528.48— total, $230,448.48, representing cost of construc-
tion. The bonds are 1st mortgage 6 per cent., due in 1922.
LEE AND HUDSON EAILEOAD. (In Progress.)
Line of Road. — Lee, Mass., to West Stockbridge, Mass 14 miles.
Financial Statement, September 30, 1877. — Capital stock authorized, $500,000 ,
subscribed, $275,000 ; paid in, $235,284.99 ; funded debt, 7 per cent, mortgage bonds,
due Julyl, 1876, $11,000 ; do., due on demand, $1,633.50; other debt, $1,607.50—
total, $249,525.99, of which $249,521.76 has been expended in construction. No
change has been made during the year.
S. S. ROGERS, President Lee, Mass.
Treasurer— -P. C. Baird Lee, Mass. | Clerk— H. J. Dunham Stockbridge, Mass.
PRINCIPAL OFFICE AND ADDRESS Lee, Mass.
LEE AND NEW HAVEN EAILEOAD. (In Progress.)
Line of Road. — Lee, Mass., to New Hartford, Ct 37 miles.
Financial Statement, September 30, 1877. — Capital stock authorized, $375,000;
subscribed, $340,000; paid in, $86,923.72. There is also a debt of $24,572.33. Ex-
pended for construction, $111,496.05. No change has been made during the year.
O. NORTHWAY, President Lee, Mass.
Treasurer P. C. Baird. | Secretary Thomas Judd. | Supt. and Eng E. G. Ferris.
PRINCIPAL OFFICE AND ADDRESS Lee, Mass.
RAILROAD MANUAL OF THE UNITED STATES. 81
MAETHA'S VINEYAED EAILEOAD.
Line of Road. — Oak Bluffs, Mass., to Katama and South Beach, Mass. .8.73 miles.
Sidings and other tracks, 0.50 mile. Gauge, 3 feet. Rail, 30 Ibs.
Chartered 1873. Opened August 24, 1874.
Rolling Stock. — Locomotive engines, 1. Cars — passenger, 4.
Operations for year ending September 30, 1877. — Trains run, 6,706 miles. Pas-
sengers carried, 32,486, Earnings, $6,710.31 ; expenditures, $5,322.13 ; balance — net
earnings, $1,388.18. Payments— interest, $5,719.73. Deficit, $4,331. 55.
Financial Statement, September 30, 1877.— Capital stock, $40,000; funded debt,
$36,000 ; floating debt, $35,692.50— total, $111,692.50. Construction and equipment,
$108,079.38.
HENRY RIPLEY, President Edgartown, Mass.
Treasurer— J. T. Pease Edgartown, Mass. | Manager— S. L. Norton Edgartown, Mass.
PRINCIPAL OFFICE AND ADDRESS Edgartown, Mass.
MASSACHUSETTS CENTEAL KAILEOAD. (In Progress.)
Line of Road. — Boston, Mass., to Northampton, Mass about 100 miles.
Gauge, 4 feet Scinches. Rail. 60 Ibs.
Work on this road has been suspended for two years.
Financial Statement, September 30, 1877. — Capital stock authorized, $3,000,000 ;
paid in, $1,756,176.93 ; funded debt, $995,010 ; and bills payable, $55,458.41— total,
$2,808,075.34. Per contra : Expended on construction account, $2,765,534.33 ; cash in
hand and notes receivable, $42,541.01.
The funded debt consists of 1st mortgage 7 per cent, bonds, payable Jan. 1, 1893.
Directors. — James M. Stone, Boston, Mass. ; Charles A. Cutting, Boston, Mass. ;
James S. Draper, Wayland, Mass. ; Francfs Brigham and George Houghton, Hudson,
Mass. ; E. B. Shattuck and J. Edwin Smith, Worcester, Mass. ; Hiram Wadsworth,
Barre, Mass. ; Henry F. Hills, Amherst, Mass. ; H. K. Starkweather and L. J. Dud-
ley, Northampton, Mass. ; and Franklin Bonney, Hadley, Mass.
JAMES M. STONE, President Boston, Mass.
Clerk James S. Draper. | Treasurer Francis J. Parker. | Chief Engineer Edward Frost.
PRINCIPAL OFFICE AND ADDRESS. .No. 10 Pemberton Square, Boston, Mass.
NEW YOEK AND NEW ENGLAND EAILEOAD.
Line of Road.— Boston, Mass., to Willimantic, Ct 85.78 miles.
( Brookline, Mass., to Woonsocket, R. 1 33.75 miles.
Branches: -JDedham 2.00 "
(Southbridge 17.50 " —53.25
Total length of railroad owned and operated by company 139.03 miles.
Sidings, etc., 34.72 miles. Gauge, 4 feet 8$- in. . Rail, 56 Ibs. Steel rails, 6.96 miles.
Leased : Norwich and Worcester R. R 66.4 miles.
Rhode Island and Massachusetts R. R , 13.79 miles.
6
82
RAILROAD MANUAL OF THE UNITED STATES.
The Boston, Hartford and Erie R. R. Co. was chartered May, 1863, as successor
of various incomplete lines, among which were Norfolk County R. R., chartered April
24, 1847, and opened April 23, 1849; the Southbridge and Blackstone, and Midland,
consolidated December 13, 1853, into the Boston and New York Central R. R. Co., and
the road opened to Willimantic, August, 1872 ; and the Woonsocket Branch, October,
1863. The Legislature of Connecticut, in 1873, reorganized the B., H. and E. R. R.
Co., under the name of New York and New England R. R. Co., which has succeeded
to all the property and rights of the former companies. During the year it has also
operated under lease the Rhode Island and Massachusetts R. R.
The operations, etc., of the Norwich and Worcester R. R. are separately reported.
Rolling Stock. — Locomotive engines, 31. Cars — passengers 62 ; baggage, mail,
and express, 13 ; and freight (box, 144 ; platform, 133 ; coal and other, 41), 318 — total
revenue cars, 393. Also, 120 gravel cars.
Operations for year ending September 30, 1877.— Trains run — passenger, 498,974 ;
freight, 231,913 ; and other, 12,389— total, 743,276 miles. Passengers carried, 1,608,880 ;
carried one mile, 19,652,913. Freight moved, 350,005 tons ; moved one mile,
11,321,038 tons.
Earnings.
From Passengers $421,147 08
" Freight 477,39977
" Mail and Express 52,56434
Miscellaneous 59,225 65
Expenditures.
For Maintenance of Way $248.785 07
" Rolling Stock. 94,117 89
" Transportation 361,563 86
Miscellaneous and Taxes , . 54,878 86
$1,010,336 84 $759,345 68
Balance — net earnings, $250,991.16. Payments from net earnings — taxes $11,-
339.02. Rents, $55,268.77. Interest, $68,486.16 ; discount, $12,000 ; profit and loss,
133,375.61— total, $180,469.56. Balance, surplus for year, $70,521.60. Add surplus
for 1876, $62,051.07— total, $132,572.67.
Abstract of operations for ten years :
iFiscal Years.
Miles R. R.
Passengers.
Mileage.
Freight.
Mileage.
Gross
Earnings.
Net
Earnings.
1867-68
11300
1 913 253
26 296 942
370 191
8 713 520
$1 238 658
$223834
1868-69
10825
l'30s'627
14 038 169
233 271
6 015 251
640057
175,725
1869-70
117.00
1 184 360
11 603 003
214 191
5 936 796
470,732
110,948
1870-71
11250
1 760 942
16 133 489
294 177
8 023 866
691 852
135,335
1871-72
139.00
1,671,092
16 003 065
345 egg
9 454 389
841,392
203,937
1872-73
139.00
1 723'337
16 857 560
363 734
9 150 026
857 114
128,546
1873-74
139.00
l',774J710
18 382 202
362 513
9,357,000
915,290
197,950
1874-75 ..
1875-76
139.00
139 03
1,736,798
1 794 597
18,607,127
20 199 327
344,508
330 667
9,304,650
9 468 574
915,880
1 000482
149,260
263,012
1876-77
139.03
1 608 880
19 652 913
350 005
11 321 038
1 010,337
250,991
General Balance September 30, 1877.
Cost of Road (Berdell Bonds) $20,000,000 00
New Construction and Equipment. . . 370,529 23
Receivers' and Trustees' Certificates. 755,654 13
Supplies 54,012 43
Balances 25,106 25
Cash on hand ,.. 7,82086
$21,213,122 90
Capital Stock $5,695,000 00
Bonds Entitled to Stock 14,305,000 00
Funded Debt 376,000 00
7percent. Notes (1876) 423,000 00
Sundry Accounts 2S1,550 23
Surplus 132,57267
$21,213,122 90
RAILROAD MANUAL OF THE UNITED STATES. 83
The funded debt consists of 1st mortgage 7 per cent, bonds, due 1905. The com-
pany has executed a mortgage of $10,000,000, and proposes, with the proceeds, to
discharge all existing liens, gain possession of the Hartford, Providence and Fishkill
R. R., complete the road to the Hudson River, and provide for the future require-
ments of business.
Directors (elected December 4, 1877.)^— William T. Hart, Edward W. Kinsley,
Lewis Hecht, G. W. Baldwin, James Sturgis, W. W. Tucker, Boston ; Jesse Metcalf ,
G. P. Pomeroy, Providence, R. I. ; George S. Moulton, Windham, Ct. ; Thomas Dick-
son, LeGrand B. Cannon, R. Suydani Grant, James Roosevelt, New York ; Geo. M.
Rice, Worcester, Mass. ; Frederick J. Kingsbury, Waturbury, Ct.
WILLIAM T. HART, President Boston, Mass.
General Manager Charles P. Clark.
Secretary S. W. Hatheway.
Auditor William Hey wood, Jr.
Superintendent Eastern Div H. M. Britton.
Master Mechanic G. E. Boyden.
Treasurer G. B. Phippen.
Svpt. Woonsocket Division E. H. Tucker.
General Freight Agent Geo. H. Williams.
General Ticket Agent A. C. Kendall.
Purchasing Agent W. W. McKim.
PRINCIPAL OFFICE AND ADDRESS 224 Federal Street, Boston, Mass.
RHODE ISLAND AND MASSACHUSETTS KAILKOAD.
Line of Road. — Valley Falls, R. I., to Franklin, Mass 13.79 miles.
Chartered in 1875, and the road opened September 3, 1877. It is leased to and
operated by the New York and New England R. R. Co.
Financial Statement, Dec. 31, 1877.— Capital stock paid in (in R. I.) $68,889.54.
No operations reported.
Floating debt, $24,000— total, $92,889.54.
HARVEY CHACE, President Valley Falls, R. I.
PRINCIPAL OFFICE AND ADDRESS Valley Falls, R. I.
OLD COLONY KAILKOAD.
Line of Road. — Boston, Mass., to Newport, R. I. (via Taunton) .... 67.79 miles.
Extensions, named below 160.86 "
Branches, named below , . 52.38 "
Total lengtli of line owned and operated 281.03 miles.
Sidings, etc., 75.78 miles. Gauge, 4 feet 8$ inches. Rail, 56 Ibs. Steel rails, 50 m.
This company is made up of a number of companies, united by consolidation at
various times. The Old Colony R. R. Co. was chartered March 16, 1844, to build a
road from South Boston to Plymouth, which was completed November 10, 1845. The
Fall River Branch R, R, Co. was chartered March 14, 1844, consolidated with other
companies, and name changed to Fall River R. R., April 16, 1846, with authority to
84
RAILKOAD MANUAL OF THE UNITED STATES.
build a line from Fall River to a junction with tlie Old Colony at Braintree, which
was completed December 16, 1846. These two companies were consolidated as Old
Colony and Fall River R. R. Co., July 1, 1854. The Cape Cod Branch R. R. Co. was
chartered April 8, 1846, to construct a line from Middleboro to Sandwich. It was
opened to Hyannis July, 1854, and name changed to Cape Cod R. R. Co. February
22, 1854. It was extended to its present terminus July 23, 1873, having been pre-
viously, October 1, 1872, consolidated with this company. The Fall River and New-
port R. R. was consolidated with this in 1862 under the name of the Old Colony and
Newport R. R. Co. On the 1st of October, 1872, the name was changed to tbe Old
Colony R. R. Co., which includes the roads above named, as well as the South Shore,
the Middleboro and Taunton, and Dorchester and Milton R. Rs., originally operated
under separate chapters, but now owned by and consolidated with this company.
The lines from Braintree to Cohasset (formerly South Shore R. R.), 11.55 miles:
South Braintree to Plymouth, 25.94 miles ; South Braintree to Somerset Junction,
via Middleboro, 37.60 miles, and Middleboro to Proviucetown, 85.77 — in all 160.86
miles — are regarded as parts of the main line.
The BRANCHES are as follows :
Dorchester and Milton R. R 3.30 m.
Granite, Quincy and Braintree.. . 5.41 "
Shawmut Branch, to Mattapan. . 2.35 "
Bridgewater Branch 6.99 "
Extension to F., W. and P. R. R. 2.16 "
Eastern Branch. . . 1.69 "
Wood's Holl Branch 17.54 m,
Hyannis Branch 4.90 "
Middleboro and Taunton R. R. . . 8.04 "
Total 52.38 m.
The company, on the 1st of December, 1875, obtained control of the Fall River,
Warren and Providence R. R., and has since operated it. It also acquired control in
1876, in connection with the Boston and Providence R. R. Co., of the Union Freight
Railway, and in April, 1877, consolidated with itself the South Shore R. R. Co., all
the operations of which for the year are contained in this report.
Rolling Stock. — Locomotive engines, 72. Cars — passenger, 158 ; baggage, mail
and express, 27 ; and freight (box, 345 ; platform, 428 ; stock, 24 ; coal and other,
514), 1,311 — total revenue cars, 1,496. Also, 11 snow plows.
Operations for year ending September 30, 1877. — Trains run — passenger, 916,894;
freight, 452,095 ; and other, 24,001— total, 1,392,990 miles. Passengers carried,
4,005,501 ; carried one mile, 59,628,616. Freight moved, 715,134 tons ; moved one
mile, 21,387,713 tons.
Earnings.
From Passengers $1,282,582 97
" Freight 788,38396
" Mail and Express 100,811 72
Miscellaneous 36,253 44
$2,208,032 09
Expenditures.
For Maintenance of Way $351,321 15
" Rolling Stock 174,23617
" Transportation 729,600 54
Miscellaneous 105,713 43
$1,360,871 29
Balance — net earnings, $847,160.80. Payments from net earnings — State and
local tax, $93,301.46 ; net available, $753,859.34. Dividends (6 per cent), $404,028 ;
interest, $346,373.97. Balance, surplus for year, $3,457.37. Add sinking fund and
premium on bonds, $14,373.09. Total surplus, $699,713.69.
EAILROAD MANUAL OF THE UNITED STATES.
Abstract of equipment and operations for ten years :
00
Year.
0>
'So
Cars.
Train
Miles.
Passen-
gers.
Tons
Freight.
Gross
Earnings.
Net
Earnings.
Interest.
•3
c
1
1
o
c
>•
D
H
S
1867-68.
35
557
869,861
2,258,873
285,176
$1,295,041 69
$474,650 92
$142,992 72
$309,249
6
1868-69.
38
592
909,849
2,570,231
348,208
1,552,525 38
538,138 13
184,526 91
312,253
6
1869-70.
48
600
1,024,923
2,709,077
329,040
1,532.217 73
569,655 04
183,948 02
297,541
6
1870-71.
40
&49
990,662
3,332,700
395,157
1,671,478 51
599.235 88
190,823 36
300,000
6
1871-72.
45
826
1,110,675
3,711,345
510,434
1,897,438 09
630,249 54
205,287 44
328,846
6/£
1872-73.
59
1,321
1,354,474
4,256,840
625,251
2,377,251 82
712,038 79
233,433 16
448,259
7
1873-74.
64
1,386
1,377,379
4,375,316
633,727
2,390,309 63
788,411 89
281,243 27
460,852
7
1874-75.
63
1,409
1,387,481
4,286,720
625,768
2,286,473 90
732.729 50
259,063 84
467,092
7
1875-76.
69
1,449
1,376,056
4,150,457
619.663
2,206,880 37
730,353 02
323,518 33
402.807
6
1376-77.
72
1,496
1,392,990
4,005,501
715,134
2,208,032 09
753,859 34
346,373 97
404,028
6
The items of interest are the balances between interest received and amount
paid on interest account. The gross interest on funded debt for the year 1876-77 was
$347,415.
General Balance, September 30, 1877.
Construction Account $11,334,082 42
Materials. 227,791 48
Stocks in R. Rs 87,34775
Old Colonj- S. S. Co 725,500 00
F. R., and P. R. R. Bonds, etc 348,605 43
Sundry Accounts 558,494 43
Bills Receivable 268,02700
Cash and Cash Items 261,251 68
$13,811,101 09
Capital Stock $6,733,800 00
Funded Debt 5,328,500 00
Bills Payable 939,921 54
Dividends, etc., unpaid 19,736 17
Income Account 699,714 69
Premium on Stock 56,648 71
Connecting Lines 32,779 98
$13,811,101 09
During the past year, $1,450,000 of the compay's 7 per cent, bonds matured and
were replaced by the issue of the same amount of 6 per cent, bonds, having 20 years
to run. The bills payable do not differ materially in character from the funded
debt.
The gross earnings of the lines now forming the consolidated company, for year
ending September 30, 1876, were $2,297,696.48; operating expenses, $1,432,191.03;
net earnings, $865,505.45 — being a decrease for the present year of $18,344.65.
Statement of funded debt in detail, September 30, 1877 :
Character of Bonds.
Date of Bonds.
Rate.
Interest Payable.
Principal
When Due.
Amount
Outstanding.
Unsecured
Aug 1 1867
7
Feb and Aug
Aug. 1, 1877
$14,000
South Shore R. R. Co .
6
Oct. 1, 1880
150,000
Unsecured
Aug. 1, 1871
7
Feb. An01.
Aug. 1, 1881
265,500
South Shore R. R. Co .
7
Ap. Oct.
Oct. 1, 1881
125,000
Unsecured
Sept. 1, 1864
5
Mar. Sept.
Sept. 1, 1884
32,000
• '
Mar. 1, 1871
7
(1 U
Mar. 1, 1894
1,692,000
it
June 1, 1875
6
June Dec.
June 1, 1895
500,000
u
Sept 1, 1876
6
Mar Sept.
Sept 1, 1896
1,100,000
it
Aug. 1, 1877
6
Feb Aug.
Aug. 1, 1897
1,450,000
86 KAILROAD MANUAL OF THE UNITED STATES.
Abstract of general balances for seven years, September, 30 :
1877.
1876.
1875.
1874.
1873.
1872.
1871.
Capital Stock
$6,733,800
$6,733,800
$6,733,800
$6,687,300
$6,561,300
$5,100,020
$5,000,020
Funded Debt
5,328,500
4,939,500
4,948,500
4,438,000
3,255,000
2,941,000
2,941,000
Bills Payable
939,922
997,322
929,405
858,133
911.886
466,236
241,852
Dividends and Prem..
76,385
699,715
71,136
681,884
73,540
677,947
66,632
645,085
35,478
611,502
21,972
581,156
6,736
486,956
Miscellaneous
32,780
55,824
132,992
13,267
11 562
Total
$13,811,102
$13,423,642
$13,363,193
$12,750,974
$11,508,158
$9,123,651
$8,688,126
Per Contra :
Construction and Eq.
Materials
$11,334,082
227,791
$10,934,550
267,052
$10,868.389
291,432
$10,519,176
270,671
$10,215,426
170,73^
$7,803,232
153,058
$7,879,329
141,621
Branch R. Rs .*.
36,938
36,938
36,938
36,938
36,938
269,808
149,759
R R Stocks
87,348
207,848
149,988
134,648
284,800
134,376
136,381
Steamboat Stocks . . .
756,182
757,182
769,182
771,682
F R W and P. R. R.
348,605
348,565
Real Estate . . .
293,386
293,386
294.426
294,426
294,426
298 953
5280
Miscellaneous
366,954
238,027
464,352
536,733
402,567
389,842
365,725
Cash
219,876
337,094
488,488
186,700
103,267
74,382
10,031
Impd Acct
140,000
$13,811,102
$13,423,642
$13,363,193
$12,750,974
$11,508,158
$9,123,651
$8,688,126
The Union Freight Eailway, which is operated by this company, is 2.45 miles
long, and connects the R. Rs. of Boston from the Boston and Lowell to the Old Colony
line. It is owned jointly by the O. C. and the B. and P. R. R. Cos., and is operated
by the former under contract of January 1, 1874, the rental being $15,000 per year.
The total cost is reported as $304,500.
Directors (elected November 27, 1877). — Onslow Stearns, F. B. Hayes, Uriel
Crocker, Boston ; Samuel L. Crocker, Taunton, Mass. ; Oliver Ames, Easton ; Royal
W. Turner, Randolph ; T. J. Borden, John S. Brayton, Fall River ; E. N. Winslow,
Hyannis ; G. W". Marston, New Bedford, Mass. ; E. W. Willard, Newport, R. I. ;
Charles F. Choate, Cambridge ; Jacob H. Loud, Plymouth.
CHARLES F. CHOATE, President Boston, Mass.
Treasurer — John M. Washburn Boston, Mas?.
Gen. Superintendent— J. R. Kendrick " "
Asst. Supt.—J. H. French " "
Chiff Eng. and Road Master— E. N.
Winslow.. " "
Master Machinery— J. K. Taylor — Boston, Mass.
Master Car Repairs— A. Gleason — "
Gen. Freight Agent— S. C. Putnam..
Gen. Ticket Agent— 3 . Sprague "
PRINCIPAL OFFICE AND ADDRESS Boston, Mass.
FALL EIVEE, WAEEEN, AND PEOVIDENCE EAILEOAD.
Opened May 22, I860, from Fall River, Mass., to Warren, R.I., 5.79 miles. Pur-
chased by Old Colony R. R. Co., December 1, 1875, and since operated by it.
Rolling Stock.— Included in O. C. R. R.
Operations for year ending September 30, 1877. — Trains run, 17,131 miles. Pas-
sengers carried, 97,150. Freight moved, 30,173 tons. Earnings, $26,625.69. Ope-
RAILROAD MANUAL OF THE UNITED STATES.
87
rating expenses, $15,462.81. Balance, net income, $11,162.87, which was used in
payment of interest.
Financial Statement, September 30, 1877.— Capital stock, $150,000 ; bonds, due
April 17, 1883, 7 per cent., $300,000; miscellaneous accounts, $48.50 — total, $450,-
048.50. Per contra : Construction, $310,747.60 ; income account, $138,963.44—
total, $469,438.51.
Officers and Directors. — Same as Old Colony R. R. Co.
PEOYIDENCE AND WOKCESTER KAILBOAD.
Line of Road. — Providence, R. I., to Worcester, Mass 43.41 miles.
Brandies, named below 8.00 "
Leased lines, named below 15.33
Total length of line owned, leased, and operated 66.74 miles.
Sidings, etc., 61.75 m. Gauge, 4 ft. 81 in. Rail, 56 and 60 Ibs. Steel rails, 22.5 m.
This company is a consolidation, November 25, 1845, of two companies of the
same name — one chartered in Massachusetts, March 12, 1844, and the other in Rhode
Island, May, 1844. Road completed September, 1847, and extension to East Provi-
dence in 1874.
BRANCHES :
In Worcester, W. & N. R. R.. ..1 mile.
East Providence Br 7 "
LEASED LINES :
Hopkington R. R 11.45 miles.
Milford and W't R. R.. . 3.88 "
Rolling Stock. — Locomotive engines, 30. Cars— passenger, 33 ; baggage, mail
and express, 8 ; and freight (box, 309 ; platform, 128; coal, 843), 1,280 — total revenue
cars, 1,321. Also, 2 snow plows.
Operations for year ending September 30, 1877. — Trains run — passenger, 223,-
520 ; freight, 336,226 ; and other, 17,035— total, 576,781. Passengers carried, 1,570,068 ;
carried one mile, 13,592,849. Freight moved, 641,135 tons; moved one mile,
18,862,705 tons.
Expenditures.
For Maintenance of Way $163,826 96
" Rolling Stock 93,34570
" Transportation 344,23155
Miscellaneous . . . 27.426 48
Earnings.
From Passengers $324,106 98
" Freight 564,008 77
" Mail and Express 16,519 47
Miscellaneous 5,375 86
$910,011 08
Balance — net earnings, $281,180.39. Payments from net earnings — State and
local tax, $30,505.18. Rents leased lines, $10,980. Balance— available net, $239,-
695.21. Dividends (4 per cent.), $80,000. Interest on funded debt, $30,000 ; other,
$88,420.39— total interest, $118,420.39. Construction, $26,144.01; notes, $52,000;
unpaid dividends 1876, $1,425— total, $277,989.40. Balance, deficit, per year,
$38,294.19. Surplus at beginning of year, $312,681.26. Total surplus, $247,914.12.
BAILBOAD MANUAL OF THE UNITED STATES.
Abstract of operations for ten years :
Fiscal Years.
Train
Mileage.
Passen-
gers.
Mileage.
Freight
Tons.
Mileage.
Gross
Earnings.
Net
Earnings.
Divi-
dends
1867-68
351,060
1,162,152
10,423,316
332,765
10,439,958
723,388 01
$158,996 78
8
1868-69
408,065
1,379,960
12,258,435
393,558
12.300,450
793,301 42
206,570 89
10
1869-70
419,358
1,386,174
12,499,824
395.450
12^99,824
794,060 00
226,985 22
10
1870-71
454,672
1,398,891
12,858,178
452,266
13,855,268
829,218 79
205,812-68
10
1871-72
507,586
1,605,257
14,471,984
521,866
15,864,734
895,897 19
229,926 09
10
1872-73
526,128
1,785,067
16,070,376
530,620
15,833,430
970,809 52
257,103 35
10
1873-74
528,960
1,715,636
15,191,135
506,383
15,237,902
938,071 42
254,168 66
10
1874-75
546,720
1,692,143
14,976,537
484,&37
14,283,114
894,479 60
282,521 19
10
1875-76
534,395
1,585,393
13,516,887
555,970
17,192,076
899,104 50
266,716 72
8
1876-77
576,781
1,570,068
13,592,849
641,135
18,862,705
910,011 08
281,180 39
4
General Balance, September 30, 1877.
Construction and Equipment $3,691,585 04 i Capital Stock $2,000,000 00
Materials 92,806 63 | Funded Debt 500,000 00
Sundry Accounts 15,916 16 { Notes Payable 1,438,00000
Cash 167,562 81
Dividends .
3,360 00
$3,941,360 00
Abstract of equipment and general balances for ten years :
$3,941,360 00
Close of
Years.
Miles of
Track.
En-
gines.
Cars.
Stock.
Bonds.
Debt.
Sundries.
Railroad
and
Equipment.
Other
Property
and Assets.
1867-68.
1868-69.
1869-70.
1870 -71
1871-72.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
67.82
73.82
76.32
77.51
88 56
89.56
93.06
102.06
104.66
104.66
21
21
21
23
27
29
29
29
30
30
779
841
882
914
1,029
1,067
1,298
1,298
1,321
1,321
$1,900.000
2,000,000
2,000,000
2,000,000
2,000.000
2,000,000
2,000,000
2,000,000
2,000.000
2,000,000
$55,000 00
55,000 00
135,000 00
25,000 00
224,612 01
387,810T00
1,075,654 69
1,370 000 00
1,490,000 00
1,438,000 00
$23,425 02
28,544 02
117,698 38
81,881 84
84,019 55
95,230 34
69,925 98
111,270 73
94,464 69
3,360 00
$1,888,496 84
2,033,772 18
2,128,285 54
2.231,789 35
2,575,204 51
2,711,773 10
3,365,619 78
3,579,402 81
3,705,780 38
3,691,585 04
$89,929 18
49,771 84
170,412 84
138,702 71
233,427 01
271,267 24
284,055 85
401,867 92
378,684 31
249,774 96
$300,000
500,000
500,000
500,000
500,000
500,000
500,000
The funded debt consists of 6 per cent. 1st mortgage bonds, due July 1, 1880.
Summary of leased lines, September 30, 1877.
Miles R. R.
Annual
Rent.
Capital
Stock.
Funded
Debt.
Other
Debt.
Cost of
Construc-
tion.
Hopkinton R R
11.55
$7,500
$165,100
$115,000
$24,517 16
$292,526 10
Milf ord & Woonsocket R. R.
3.88
3,480
82,525
19,000
9,692 58
116,217 58
15.43
$10,980
$247,625
$134,000
$34,209 74
$408,743 68
In order to retire the outstanding debt, contracted in the reconstruction of the road,
the company have determined to issue $2,000,000 6 per cent, bonds, payable in 20
years, of which $500,000 have been deposited with the Rhode Island Hospital Trust Co.
RAILROAD MANUAL OF THE UNITED STATES. 89
to meet outstanding bonds at maturity, $650,000 have been sold at a premium since
the close of the fiscal year, and the balance will be disposed of from time to time to
meet maturing obligations.
Directors (elected February 4, 1878). — William S. Slater, Moses B. I. Goddard,
George A. Leete, John R. Balch, Amos D. Lock wood, Frederick Grinnell, Providence,
B. I. ; Paul Whitin, John C. Whitin, Whitinsville, Mass. ; Joseph E. Davis, Henry
Cliapin, Elijah B. Stoddard, Worcester, Mass. ; Gideon L. Spencer, Pawtucket, R. I. ;
Lyman A. Cook, Woonsocket, R. I. ; Estus Lamb, Blackstone, Mass. ; Eben B. Phillips,
Boston, Mass.
WILLIAM S. SLATER, President Providence, R. I.
Treas. and Sec.— John R. Balch, Providence, R. 1.
Supt.&Purch. Agt.—W. E. Chamberlain, '
( John J. Powers,
Road Masters— \ Charles Parker, *
( W. P. Comstock, '
Supt. of Bridges— Wm. A. Kent, '
Master of Mach. — Albert Griggs, Providence, R. I.
Master of Car Jiep.—Olney L. Smith, "
M. Trans. — A. E. Quackenbos... Worcester, Mass.
Gen. Tkt. Agt.—Wm. M. Durfee, Providence, R. I.
Gen. Fgt. Art.— Julius E. Bacon,
Engineer— J. W. Ellis Woonsocket, R. I.
PRINCIPAL OFFICE AND ADDRESS Exchange Place, Providence, R. I.
HOPKINTON KAILKOAD.
Chartered -about 1870, and road opened December 24, 1872. It extends from Ash-
land to Milford, Mass., 11.45 miles, with 0.14 mile of sidings. Leased to Provdence
and Worcester R. R. Co., at an annual rental of $7,500.
Rolling1 Stock. — Furnished by lessees.
Operations for year ending September 30, 1877. — Included in lessees' report.
Rental received, $7,500. Interest paid, $7,500.
Financial Statement, September 30, 1877. — Capital stock, $165,100 ; funded debt,
1st mortgage 7 per cent, bonds, due 1882, $125,400 ; bills payable, etc., $14,137.16 —
total, $304,617.16. Cost of construction, $292,526.10; other accounts, $12,091.06—
total, $304,617.16.
ERASTUS THOMPSON, President Hopkinton, Mass.
MILFOKD AND WOONSOCKET EAILEOAD.
Chartered May 2, 1855, and road opened 1868. It extends from Milford to Bel-
lingham, Mass., 3.88 miles, with 0.46 mile sidings. Leased to the Providence and
Worcester R. R. Co., at an annual rental of $3,480.
Rolling Stock. — Furnished by lessees.
Operations for year ending September 30, 1877. — Included in lessees' returns.
Rent received, $3,480. Interest paid, $1,549.75. Total surplus, $11,346.08.
90
RAILROAD MANUAL OF THE UNITED STATES.
Financial Statement, September 30, 1877.— Capital stock, $82,525 ; funded debt,
$19,000 ; floating debt, $3,500 ; surplus, $11,346.08— total stock and debt, $116,371.08.
Per contra : Cost of road and appurtenances, $116,197.10.
GEORGE DRAPER, President Hopedale, Mass.
SPEINGFIELD, ATHOL AND NOETHEASTEEN EAILEOAD.
Line of Road. — Springfield, Mass.. to Atliol, Mass 48.50 miles.
Sidings, 3 miles. Gauge, 4 feet 8i inches. Rail, 56 Ibs.
Chartered as Athol and Enfield R. R. in 1869, and under present title in 1872.
Road opened December 3, 1873.
Rolling1 Stock. — Locomotive engines, 3. Cars — passenger, 4 ; baggage, mail, and
express, 2 ; and freight — box, 12 ; platform, 4 — total revenue cars, 22.
Operations for year ending September 30, 1877. — Trains run— passenger, 68,878 ;
freight and other, 30,186 — total, 99,064 miles. Passengers carried, 60,870 ; carried one
mile, 944,204. Freight moved, 57,342 tons ; moved one mile, 1,075,575 tons. Earn-
ings from passengers, $35,534.66; from freight, $52,496.63; from rents, $9,717.49—
total, $97,748.78 ; operating expenses, $64,462.10.
Balance — net earnings, $33,286.68. Payments — rents to other companies,
$7,592.57; interest on funded debt, $31,423; other interest, $27,593.94 — total,
$59,016.94. Balance, deficit, $25,730.26; total deficit, $127,227.59.
Abstract of earnings and expenses for five years :
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
Gross Earnings
$52,311 81
$86,837 06
$94,872 17
$100,622 62
$97,748 78
Operating Expenses
41,755 33
52,075 34
59,981 14
65,153 73
64,462 10
General Balance, September 30, 1877.
Construction Account $1,428,920 48
Profit and Loss 127,227 59
Cash and Cash Items 109,53201
Capital Stock... $816,480 00
Funded Debt... 448,900 00
Bills Payable, etc 400,000 08
$1,665,380 08 $1,665,380 08
The funded debt consists of 1st mortgage 7 per cent, bonds, due as follows :
$50,000 July 1, 1883 ; $145,900 July 1, 1888 ; $99,000 July 1, 1891 ; and $154,000 July
1, 1893.
Directors (elected August 1, 1877). — Willis Phelps, Homer Foot, William Birnie,
and Charles R. Ladd, Springfield ; Edward Smith and W. B. Kimball, Enfield ; J olm
C. Hill and Thomas H. Goodspeed, Athol ; Stephen P. Bailey, Greenwich ; J. W.
Goodman, Dana.
WILLIS PHELPS, President Springfield, Mass.
Vice-President Edward Smith
Supt. and Purchasing Agt H. W. Phelps.
Cleric and Treasurer Thomas H. Goodspeed.
JRoad Master A. F. Seeley.
PRINCIPAL OFFICE AND ADDRESS Springfield, Mass.
RAILROAD MANUAL OF THE UNITED STATES.
WOECESTEE AND NASHUA EAILEOAD.
Line of Road. — Worcester, Mass., to Nashua, N. H 45.69 miles.
Leased line : Nashua and Rochester R. R 48.81 "
Total length of line owned, leased, and operated 94.50 miles.
Sidings, etc., 30.62 m. Gauge, 4 ft. 8£ in. Rail, 56 and 57 Ibs. Steel rails, 14.25 m.
The Worcester and Nashua R. R. Co. was formed by the consolidation, Novem-
ber 6, 1846, of the Worcester and Nashua R. R. Co. of Massachusetts, and the Groton
and Nashua R. R. Co. of New Hampshire. The entire line was opened December
18, 1848. The Nashua and Rochester R. R. Co. was opened November 24, 1874, and
leased to the W. and N. R. R. Co. from its completion. Since April 1, 1876, both
companies have been treated as a single line, and all the operations are included in
the report of the W. and N. R. R. Co.
Rolling Stock. — Locomotive engines, 20. Cars — passenger, 22 ; baggage, mail,
and express, 7 ; and freight (box, 238 ; platform, 100; coal and other, 100), 438 — total
revenue cars, 467. Also, 3 snow plows.
Operations for year ending September 30, 1877. — Trains run — passenger,
209,769 ; freight, 158,555 ; and other, 12,025— total, 380,349 miles. Passengers carried,
836,354 ; carried one mile, 5,275,909. Freight moved, 315,267 tons ; moved one mile,
8,969,245 tons.
Earnings.
From Passengers $194,190 37
" Freight 288,297 97
" Mail and Express 14,75076
Miscellaneous 31,644 70
Expenditures.
For Maintenance of Way $91,393 08
" Boiling Stock 47,831 99
" Transportation 166,194 03
Miscellaneous 23,41688
$328,835 88
Balance — net earnings, $200,047.96. Payments from net earnings — State and
local tax, $11,143.35; interest, $67,598.26; rent of N. and R. R. R., $116,724— total
payments, $195,465.61. Surplus, $4,582.35. Surplus remaining at close of year,
$220,862.83.
Included in the miscellaneous earnings are $25,860 from dividends on N. and R.
R. R. stock.
Abstract of operations for ten years :
Fiscal
Years.
Train
Mileage
Passen-
gers.
Mileage.
Freight.
Mileage.
Gross
Earnings.
Net
Earnings.
Divi-
dends.
p. C.
1867-68.
1868-69.
1869-70.
1870-71.
1871-72.
1872-73.
1873-74.
266,887
303,433
312,871
314,457
359,641
364,347
328,771
286,456
314,705
335,844
356,264
381,945
375,033
359,416
4,812,461
5,287,044
5,642,179
5,985,235
6,416,827
5,822,412
240,953
286,662
297,299
328,372
368,042
383,029
335,813
6,523,468
7,835,998
8,631,883
11,690,038
11,783,252
11,560,923
$479,787 63
538,021 23
543,056 03
569,764 30
587,358 72
580,666 41
539,896 51
$128,906 25
150,961 34
188,233 01
181,066 84
195,453 03
208,462 48
170,874 91
$124,000
139,500
155,000
162,750
170,500
170,500
174,825
8
9
10
10
10
10
10
1874-75.
1875-7'6.
1876-77.
311,953
328,931
380,349
342,130
346,800
336,354
5,245,921
5,275,909
312,003
328,931
315 267
9,083,218
8,969,245
494,409 53
545,965 68
528 883 84
189,650 51
220,408 75
200,047 96
152,133
98,439
92
EAILEOAD MANUAL OF THE UNITED STATES.
The last dividend was paid in July, 1876. Fifty-one dividends have been paid
since January 1, 1851, aggregating $2,527,555, equal to $160 on each share.
General Balance, September 30, 1877.
Construction Account $2,526,565 74
Materials. ..
62,14530
N. and R. R. R. Stock 475,300 00
Improvement, Sundries, etc ,
25,517 02
Cash and Cash Items.... 27,519 16
Capital Stock $1,789,800 00
Funded Debt 1,000,000 00
99,61339
6,771 00
Bills Payable
Sundry Accounts.
Profit and Loss 220,862 83
$3,117,047 22
There has been spent for construction during the year $69,271.42.
Abstract of equipment and general balance for ten years :
$3,117,047 22
Close of
Years.
Miles of
Tracks .
Engines.
Cars.
Stock.
Bonds.
Debts.
Profit and
Loss.
Railroad arid
Equipments.
Other Prop-
erty and
Assets.
1867-68.
1868-69.
1869-70.
1870-71.
1871-72.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
56.45
57.45
57.49
70.44
72.44
73.44
11
13
13
13
17
17
21
21
20
20
261
279
324
370
427
460
465
471
467
467
$1,550,000
1,270,000
1,400,555
1,425,400
1,425,400
1,706,700
1,789,800
1,789,800
1,789,800
1,789,800
$65,608 00
81,132 00
3,801 15
$61,626 31
90,717 96
170,078 80
137,517 08
186,274 06
304,040 75
285,455 31
280,213 76
220,32# 79
220,862 63
$1,522,200 00
1,657,800 00
1,806,128 25
2,041,270 42
2,212,144 21
2,400,887 41
2,439,296 37
2,472,140 16
2,472,953 26
2,526,565 74
$155,034 31
171,849 96
152,005 55
152,668 08
133,844 66
204,338 58
629,329 94
845,037 75
714,052 07
590,481 48
$200,000
310,300
500,000
600,000
1,000,000
1,000,000
1,000,000
32,925 81
94,485 23
454,738 48
217,331 95
176,879 64
106,384 39
78.52
78.52
78.64
Statement of funded debt in detail :
Date of Bonds.
Rate.
Interest Payable.
Principal
Payable.
Amount
Issued.
Amount
Outstanding.
Dec. 31, 1870
6
January and July
January 1, 1881..
$75,000
$75,000 00
April 30, 1872
6
May and November
May 1, 1887 .. ..
275,000
275,0(10 00
April 1, 1873
7
April and October
April 1, 1893
250,000
250,000 00
February 1, 1875
7
February and August. . .
February 1, 1895..
400,000
400,000 00
The Worcester and Nashua R. R. Co. derived $43,278.08 of its gross earnings
from business contributed to it by the N. and R. R. R. The company is also respon-
sible for the bonds issued by the N. and R. R. R. Co.
Directors (elected January 17, 1878). — Stephen Salisbury, Worcester, Mass. ;
John D. Bryant, Boston, Mass. ; Thomas Chase, Nashua, N. H. ; F. H. Kinnicutt, C.
H. Waters, Isaac Davis, and Francis H. Dewey, Worcester, Mass. ; Calvin B. Hill,
Nashua, N. H. ; and Edwin J. Smith, Barre, Mass.
F. H. KINNICUTT, President Worcester, Mass.
Treas. and Sec.— T. W. Hammond.Worcester.Mass.
Superintendent— C. S. Turner "
Road Master— -N. B. Chandler Nashua, N, H.
Master Mechanic— J '. W. Brady... Worcester, Mass.
Gen. Ticket Agent— C. A. Waite.. Worcester, Mass.
Gen. Frt. Agent— J. M. Williams. "
Purchasing Agt.—C. S.Turner. . . .
Transfer Agt.—T. W. Hammond..
PRINCIPAL OFFICE AND ADDRESS Shrewsbury Street, Worcester, Mass.
EAILKOAD MANUAL OF THE UNITED STATES.
93
NASHUA AND KOCHESTEE EAILKOAD.
Chartered June, 1867, and opened for business November 24, 1874. It extends
from Nashua to Rochester, N. H., connecting the Worcester and Nashua with the
Portland and Rochester R. R., 48.51 miles, with 4 miles of sidings. Leased to W.
and N. R. R. Co. at an annual rental of 6 per cent, upon a cost of $2,000,000.
Boiling Stock. — Furnished by lessees.
Operations for year ending September 30, 1877. — Gross earnings, $95,932.21 ;
operating expenses, $52,654.13 ; net earnings, $43,278.08, go to lessee. Amount paid
as rental by lessee, $116,724.
Financial Statement, September 30, 1877.— Capital stock authorized, $1,500,000 ;
paid in, $1,185,000; funded debt, $700,000; floating debt, $90,898.84— total, $1,975,
898.84, representing cost of road.
Statement of funded debt in detail :
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal
When Due.
Amount
Authorized.
Amount
Outstanding.
1st Mortg., guaranteed |
by W. and N. R. R. Co. f
April 1, 1874
6
April and Oct.
April 1, 1894
$700,000
$700,000
Officers.— Same as W. and N. R. R. Co.
WOECESTEE AND SHEEWSBUEY EAILEOAD.
Line of Road. — Worcester, Mass., to Lake Quinsigamond, Mass 2.7 miles.
Gauge, 3 feet. Rail, 50 Ibs. to yard.
This company was chartered in 1872, and the road opened July 31, 1873.
Rolling1 Stock. — Locomotive engines, 3. Cars — passsenger, 4; freight, etc., 4.
Operations for year ending September 30, 1877. — Trains run, 30,000. Passengers
carried, 88,825 ; carried one mile, 239,880.
Earnings, $7,996.69. Operating expenses, $5,777.72. Balance, net earnings,
$2,218.97. Payments : Interest, $991.72; surplus for year, $1,227.75; total surplus,
$2,761.45.
Financial Statement, September 30, 1877.— Capital stock, $36,825 ; bills payable,
$10,206.65 ; reserved income, $2,761.45— total, $49,793.10. Per contra : Construction,
$34,859.69; equipment, $14,831.17; cash on hand, $102.24— total, $49,793.10.
E. B. STODDARD, President Worcester, Mass.
Sec. and Treas.—^ James Draper... Worcester, Maes. | Supt.— Richard Barker Worcester, Mass.
PRINCIPAL OFFICE AND ADDRESS. . Worcester, Mass.
KAILIIOAD MANUAL OF THE UNITED STATES.
STA.TE OF RHODE I8LA.ND.
Area, 1,306 square miles. Population, 243,946. Assessed valuation, $185,159,848.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Track.
Length of Line.
Total.
Rh. Isl.
1. Boston and Providence [Massachusetts.
Ft. In.
4:8X
4:8^
4:8#
4:8X
4:8*
4:8>6
4:8^
4:8X
4:8^
4:8*
4:8^
4:8X
4:8X
4:8tf
4:8#
4:8>*
4:8*
M.
62.54
5.79
123.19
1.90
8.50
3.30
139.00
62.50
277.73
3.20
22.80
13.60
51.41
13.79
9.40
1.50
5.70
M.
10.50
2.13
27.15
1.90
8.50
3.30
100
45.50
16.22
3.20
22.80
13.60
24.40
7.17
9.40
1.50
5.70
2. Fall River, Warren and Providence. .. .[Mass.
3. Hartford, Providence and Fislikill [Conn.
4. Moshassuck (P. and W.)
5 Narragansett Pier (N Y P. and B )
6. Newport and Wickford
7. New York and New England. .[Massachusetts.
8 New York Providence and Boston
9. Old Colony [Massachusetts.
10. Pawtuxet Valley (H., P. and F.)
11. Providence and Springfield
12 Providence, Warren and Bristol
13. Providence and Worcester . . . .[Massachusetts.
14 Rhode Island and Massachusetts [Mass.
15. Warwick (N. Y., P. and B.)
16. Westerly Granite (N. Y., P. & B.)
17. W7ood River Branch (N. Y., P. and B.)
Total Length
805.75
203.87
MOSHASSUCK KAILKOAD. (In Progress.)
Line of Road. — Moshassuck, R. I. (P. and W. R. R.), to Lincoln, R. I. .1.90 miles.
Chartered in 1874, and survey for road completed and line established from
Woodlawn Station, on the Providence and Worcester R. R., near Lonsdale, to ter-
minus at Lincoln. Two miles of the line have been completed. No operations re-
ported for the last year. The estimated cost of the road is $120,000. It will be
operated as a branch of the Providence and Worcester R. R.
Directors and Officers. — Same as P. and W. R. R. Co.
PRINCIPAL OFFICE AND ADDRESS Moshassuck, R. I.
BAILBOAD MANUAL OF THE UNITED STATES. 95
NARRAGANSETT PIEK EAILKOAD.
Line of Road.— Kingston, R. I., to Narragansett Pier, R. 1 8.5 miles.
Sidings, 0.5 mile. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
Chartered in 1874, and road opened July, 1876. Operated in connection with
N. Y., P. andB. R. R.
Rolling Stock. — Locomotive engines, 1. Cars — passenger, 2 ; other, 7 — total, 9.
Operation* for year ending September 30, 1877.— Passengers carried, 40,167.
Freight moved, 88,608 tons. Earnings from passengers, $13,375,63; freight, etc.,
$7,331.84— total, $20,711.47. Operating expenses, $14,005.47. Net earnings, $6,706.
Payments: interest, $6,706.
Financial Statement, September 30, 1877.— Capital stock, $95,080 ; funded debt,
$90,000; floating debt, $10,000 — total, stock and debt, representing cost of road and
equipment, $195,080. Expended for rolling stock, $17,000.
J. N. HAZARD, President Peacedale, R. I.
PRINCIPAL OFFICE AND ADDRESS Kingston, R. I.
NAKKAGANSETT VALLEY KAILROAD. (Projected.)
Line of Road.— Wickford, R. I., to Wakefield, R. 1 11.8 miles
Chartered in 1875, and surveys have been made for this road, and the estimated
cost is $250,000, of which $190,000 are subscribed.
Officers. — Not reported.
PRINCIPAL OFFICE AND ADDRESS Wickford, R. I.
NEWPORT AND WICKFORD RAILROAD.
Line of Road.— Wickford Junction, R. I., to Wickford, R. 1 33 miles.
Gauge, 4 feet 8^ inches. Rail, 56 Ibs. to yard.
This company was chartered about 1872, under the name of Newport and Wick-
ford R. R. and Steamboat Company, and road opened January 1, 1874. It is operated
as a branch of the N. Y., Prov. and B. R. R., but its accounts are separately kept.
Rolling Stock. — Locomotive engines, 1. Cars — passenger, 1 ; other, 3.
Operations for year ending August 31, 1877.— Passengers carried, 59,000. Freight
moved, 1,729 tons. Receipts— from passengers, $39,052.97 ; from freight, $2,073.45 ;
other sources, $7,635.01— total, $48,761.43. Operating expenses, $36,738.67. Net
earnings, $12,022.76. Interest paid, $4,830 ; surplus, $7,192.76.
96 EAILEOAD MANUAL OF THE UNITED STATES.
Abstract of operations and general balances for four years :
Years.
Passen-
gers.
Freight.
Earnings.
Expenses.
Interest.
Stock.
Bonds.
Cost of
R.R. and S. S.
1873-74, 8 mo?.
1874-75
35,472
61,994
772
1,620
$21,233 88
45,959 86
$16,763 61
32,816 81
$2,425 21
5,065 26
$101,000
101,000
$66,000
69 100
$167,000 00
170,100 00
1875-76
59,000
1,729
48,409 86
35,035 34
4,380 00
101,000
70,000
171,000 00
1876-77
48,761 43
36,738 67
4,830 00
101,000
69,000
169,440 00
General Balance, September 1, 1877.
Construction $120,577 82 Capital Stock $101,000 00
Steamer 39,70810 1st Mortgage Bonds 50,00000
Equipments 9,153 99 j 2d " " 19,00000
Cash and Dues 7,75285 Profit and Loss 7,19276
$177,192 76
$177,192 76
Directors (elected September 3, 1877).—Geo. M. Miller, C. H. Russell, New York ;
J. G. Weaver, J. T. Bush, and J. N. A. Griswold, Newport, R. I. ; S. H. Vaughn, Wick-
ford, R. I.
GEO. M. MILLER, President New York City.
Treasurer— J. T. Bush Newport, R. I. | Secretary — A. S. Sherman Newport, R. I.
PRINCIPAL OFFICE AND ADDRESS Newport, R. I.
NEW YOKK, PBOYIDENCE AND BOSTON KAILKOAD.
Line of Road. — Providence, R. I., to Groton, Ct 62.50 miles.
Second track, etc., 57.75 m. Gauge, 4 ft. 8i in. Steel rails, 50 m. Rail, 56 to 64 Ibs.
Chartered in June, 1832, and road opened from Providence to Stonington, 50
miles, in October, 1837. In May, 1854, the New London and Stonington R. R. Co. was
chartered, and the line from Stonington to Groton, opposite New London, was com-
pleted to a connection with the N. Y., P. and B. R. R. in December, 1858. On the 1st
of November, 1859, the N. L. and S. R. R. was leased to the N. Y., P. and B. R. R. Co.
for five years ; and on the 1st of December, 1864, was purchased by that company for
$410,000, and has since been an integral portion of their line.
There are several branches on this road, but each built under a separate charter.
They are : Westerly Granite Quarry R. R., 1.5 miles from Westerly to Quarries ; New-
port and Wickford R. R., 3.3 miles, Wickford Junction to Wickford ; Warwick R. R.,
9.4 miles, Auburn to Warwick ; Narragansett Pier R. R.,8.5 miles, from Kingston to
Narragansett Pier; and Wood River Branch R. R., 5.7 miles, from Wood River
Junction to Hope Valley. Total length of branches, 28.4 miles. The Warwick R. R.
ceased operations August 1, 1876. The other branches are operated in connection
with this company, but their accounts are not here included.
Rolling Stock. — Locomotive engines, 26. Cars — passenger, 31 ; baggage, mail
KAILROAD MANUAL OF THE UNITED STATES.
97
and express, 9 ; arid freight (box, 111 ; platform, 112), 223 — total revenue cars, 263.
Also, 16 gravel cars. The company also own 3 ferry boats.
Operations for year ending September 30, 1877. — Trains run — passenger, 278,311 ;
freight, 165,639 ; other, 103,290. Total, 547,240 miles. Passengers carried, 593,673 ;
carried one mile, 15,378,852. Freight moved, 247,576; moved one mile, 9,222,206
tons.
Earnings.
From Passengers $380,486 44
" Freight 313,351 20
" Mail and Express 8,83577
Miscellaneous 14,234 95
Expenditures.
For Maintenance of Way $124,078 06
" Rolling Stock 58,37229
" Transportation 293,80904
Miscellaneous 18*44004
There was also received from rents the sum of $16,053.38, and from dividends,
Providence and Stonington S. S. Co., $120,735, making gross receipts, $853,696.74.
Balance — net earnings, $358,997.31. Included in operating expenses, are $28,-
638.08 for taxes.
The net income account is as follows : Net earnings, as above, $358,997.31 ; cash
on hand from previous year, $113,536.34; loan paid, $88,959. Total net income,
$561,487.65. Payments— dividends (10.8 per cent.), $325,000; interest, $78,150;
construction account, $56,281.45. Extraordinary expenses, $10,251.68 ; miscellaneous,
$3,157.97. Total, $472,841.10. Balance, cash and cash assets carried to new account,
$88,651.55.
Abstract of operations for ten years :
Fiscal Years.
Train
Mileage.
Passengers
carried.
Freight
moved.
Gross
Earnings.
Net
Earnings.
Divi-
dends.
p.C.
1867-68...
288,278
338,959
338,959
381,634
441,485
452,147
486,430
521,186
608,350
547,240
465,419
488,278
532,049
545,634
614,211
656,557
637,760
692,211
769,764
593,673
86,372
164,780
173,699
210,077
229,677
247,754
254,110
246,403
271,907
247,576
$463,464 92
699,188 05
746,089 21
820,746 14
911,020 74
933,631 30
947,369 86
968,171 01
1,065,228 14
853,696 74
$102,447 46
235,485 21
265,333 72
392,477 80
401,914 09
405,565 14
407.623 71
434,647 37,
492,817 33
358,997 31
7
7
8
9
8
10
10
10
10.8
1868-69
$132,875
141,798
150,992
169,866
190,090
231,090
250,000
287,500
325,000
1869-70
1870-71
1871-72
1872-73
1873-74...
1874-75.. . .
1875-76 (13 months) . . .
1876-77
The company publish no general balance sheet. The following is their
Financial Statement, September 30, 1877.
Construction Account $3,963,943 82
Materials, etc 112,517 49
Cash and Assets 88,651 55
$4,165,112 86
Capital Stock $3,000,000 00
Funded Debt 1,163,000 00
Balance .
2,112 86
$4,165,112 86
During the year a new steamboat line from New York to Providence was brought
into operation.
7
98 BAILROAD MANUAL OF THE UNITED STATES.
Abstract of financial statement for ten years :
Close of
Years.
Miles
of
Track.
En-
gines.
Cars.
Stock.
Bonds.
Debt.
Total.
Cost of Road
and
Equipment.
1867-68
66 8
16
150
$1 887348
$580.000
$405,000 00
$2,872,348 00
$2,568,000 00
1868-69
67 5
17
151
1,887,400
983,000
47,826 80
2,918,226 80
2,568,000 00
1869-70 .
67 8
18
168
1 887400
1,025,000
2,912,400 00
2,568,000 00
1870-71
68 3
18
195
1,887,400
1,099,000
2.986,400 00
2,568,000 00
1871-72
90 0
20
195
1 887 400
1,214,000
3,101.400 00
2,857,158 00
1872-73
102 00
22
195
2 074,860
1,210,000
3,257,860 00
3,133,217 00
1873-74
120 00
23
195
2,500,000
1,253,000
3,753,000 00
3,592,952 35
1874-75
120 00
25
198
2,500,000
1,263,000
112,868 88
3,875,868 88
8,720,685 54
1875-75
120 00
26
263
3,000,000
1,163,000
4,163,000 00
3,907,662 37
1876-77
120 25
26
263
3,000,000
1,163,000
4,163,000 00
3,963,943 82
Statement of bonded debt in detail :
Character of Bonds.
1
Interest
Payable.
Principal
Payable.
Authorized.
Issued.
Outstand'g.
First Mortgage
fi
Feb. and Aug.
Aug. 1, 1878
$100,000
$100,000
$76,000
General (and Steamboat) Mortgage.
Extension Railroad Bonds, . .
7
fi
Jan. and July.
May and Nov.
1899
1878
1,000,000
200,000
837,000
200,000
837,000
200,000
U U 14
(i
U (( it
1881
50,000
50,000
50,000
Directors (elected December 13, J877). — A. S. Matthews, Stonington; Nathan F.
Dixon, Westerly, R. I.; Henry Howard, Coventry, R. I.; Charles H. Salisbury, Provi-
dence, R. I.; John A. Burnham, Boston, Mass.; S. D. Babcock, Henry Morgan, W. F.
Gary, Jr., J. Boorman Johnston, D. S. Babcock, George M. Miller, New York.
SAMUEL D. BABCOCK, President New York City.
David S. Babcock, Vice- President "
Treasurer— Henry Morgan New York City.
Secretary— F. B. Noyes Stonington, Ct .
Supt. & Engineer — A. S. Matthews, " "
Assistant Supt. — J. B. Gardner Providence, R.I.
Mast. Mechanic— 3. H. Anderson. Provinence, R.I.
Ticket Agt.—F. B. Noyes Stonington, Ct.
Purch. Agt.—GileB F. Ward "
Transfer Agts.—M. Morgan's Sons.New York City.
PRINCIPAL OFFICE AND ADDRESS Stonington, Ct.
Fiscal Agency. .(M. Morgan's Sons), No. 39 William Street, New York City.
PONTIAC BKANCH KAILKOAD.
Line of Road. — Auburn, R. I., to Pontiac, R. 1 4.6 miles.
Chartered 1875. Sidings, 1.65 mile. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
This company has leased and operated during the year the Warwick R. R. Capi-
tal stock paid in, $17,000.
GEO. W. PRENTICE, President Providence, R. I.
Superintendent— L. M. Morrison. .Providence, R. I. | Secretary— T. M. Prentice Providence, R. I.
PRINCIPAL OFFICE AND ADDRESS. . Providence, R. I.
RAILKOAD MANUAL OF THE UNITED STATES.
99
PEOVIDENCE AND SPKINGFIELD E. E. (In Progress.)
Line of Road. — Providence, R. I., to Springfield, Mass 80.0 miles.
In operation : Providence, R. I., to Pascoag, R. I 22.8 "
Sidings and other tracks, 3 miles. Gauge, 4 feet 8^ inches. Rail, 56 Ibs.
Chartered 1872. Opened to Pascoag, August 11, 1873.
Rolling Stock. — Locomotive engines, 3. Cars — passenger, 3 ; baggage, mail, and
express, 1 ; and freight, 77 — total revenue cars, 81.
Operations for year ending September 30, 1877. — Trains run — passenger, 31,296 ;
freight, 16,313 — total, 47,609 miles. Passengers carried, 104,647 ; carried one mile,
1,285,838. Freight moved, 37,987 tons ; moved one mile, 600,589 tons.
Earnings.
From Passengers $37,021 41
" Freight, etc 51,917 97
Expenditures.
For Maintenance of Way $6,981 12
" Transportation, etc. 39,033 93
$88,939 38 $46,015 05
Balance — net earnings, $42,924.33. Included in operating expenses are taxes,
$3,426.95.
There were also receipts from notes and bonds, $21,400 — making total net income
of $64,324.33. Payments— interest on bonds, $29,163.26 ; construction, $24,181.64 ;
notes, etc., $5,000 ; total, $58,344.90. Balance— surplus, $5,979.43.
Abstract of earnings and general balances for four years :
Years.
02
V
s
Train
Miles.
Passen-
gers.
Freight.
Earnings.
Net
Income.
Interest.
Stock.
Bonds.
Cost of
Road.
1873-7422.8
1874-7522.8
1875-76 22.8
1876-7722.8
51,049
48,148
48,648
47,609
100,576
134,004
115,366
104,647
24,960
29,893
31,181
37,987
$74,003 66
87,952 88
86,568 17
88,939 38
$17,820 59 $17,154 47
32,071 86 32,574 08
41,159 06 31,227 66
42,924 33 29,163 26
$500,150
517,150
517,150
517,150
$500,000
500,000
500,000
500,000
$1,008,981
1,026,032
1,030,337
1,009,519
General Balance, September 30, 1877.
Construction $909,006 29
Equipment 100,51235
Sundry items 29,234 67
Cash 15,134 47
$1,053,887 78
Capital Stock $517,150 00
Funded Debt 500,000 00
Notes Payable 4,733 34
Balance 32,004 44
$1,053,887 78
Directors (elected December 4, 1877). — William Tinkham, Moses B. I. Goddard,
Edward Pearce, Amos N. Beckwith, Providence, R. I. ; Albert L. Sayles, Horace A.
Kimball, James O. Inman, John L. Ross, Pascoag, R. I. ; Sidney Dillon, New York
City.
WM. TINKHAM, President Providence, R. I.
Treasurer— F. W. Grammont Providence, R. I.
.O* yl«^/»u. . T f~1 T7-_ • __1_ J- . I * , ,
Secretary— J. C. Knight
Superintendent— O. S. Gardiner..
Road Master — P. T. Brightman.. Providence, R. I.
Master Mechanic— G. T. Sollace..
G. T. & Pur. Agt.—F. W. Grammont "
PRINCIPAL OFFICE AND ADDRESS Providence, R. I.
100 RAILROAD MANUAL OF THE UNITED STATES.
PEOYIDENCE, WAEEEN AND BBISTOL EAILEOAD.
Line of Road. — Providence, R. I., to Bristol, R. 1 13.6 miles.
Sidings, etc., 3 miles. Gauge, 4 feet 8-J- inches. Rail, 56 Ibs. to yard.
Chartered October, 1846, and road opened July, 1855. A controlling share of its
stock is owned by the Boston and Providence R. R. Co.
Rolling Stock. — Locomotive engines, 5. Cars — passenger, 10 ; and freight, 25.
Operations for year ending November 30, 1877. — Passengers carried, 227,527,
Freight moved, 47,036 tons. Gross earnings, $102,041.05 ; operating expenses, $80,-
670.33; net earnings, $21,370,72. Payments— interest, $4,910.
Financial Statement, November 30, 1877.— Capital stock paid in, $437,917.49.
Floating debt, $30,000. Total, $467,917.49, representing cost of road and equipment.
HENRY A. WHITNEY, President Boston, Mass.
Treasurer— E. B. Torrey Boston | Superintendent— -W '. Stone Providence.
PRINCIPAL OFFICE AND ADDRESS. . , Boston, Mass.
WAEWICK EAILEOAD.
Line of Road. — Auburn, R. I., to Oakland Beach, R. 1 9.4 miles.
Sidings, etc., 1 mile. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
Chartered in 1873, and the road opened July 5, 1875. Leased and operated by
Pontiac Branch R. R. Co.
Rolling Stock. — Locomotive engines, 1. Cars, 3.
Operations for year ending December 31, 1877. — Passengers carried, 6,568.
Receipts, $1,052.90. Operating expenses, not reported.
Financial Statement, December 31, 1877.— Capital stock paid in, $39,205.
Funded debt, $200,000 ; floating debt, $164,307.29. Total stock, 'bonds arid debt,
representing cost of road, $403,512.29.
Directors and Officers.— Not reported.
PRINCIPAL OFFICE AND ADDRESS Providence, R. I.
WOOD EIVEE BEANCH EAILEOAD.
Line of Road.— Richmond Switch, R. I., to Locustville, R. 1 5.7 miles.
Sidings, 0.50 mile. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
Chartered 1873. Opened July 1, 1874.
Rolling1 Stock. — Locomotive engine, 1. Cars — passenger, 1 ; other, 1 — total cars, 2.
Operations for year ending November 30, 1877.— Passengers carried, 14.740.
Freight moved, 8,794 tons. Earnings, $11,831.71. Operating expenses, $8,249.70.
Net earnings, $3,582.41. Interest paid during year, $1,858.13.
RAILROAD MANUAL OF THE UNITED STATES.
101
Financial Statement, November 30, 1877. — Capital stock paid in, $47,140.86;
funded debt, $57,500; floating debt, $19,721.96 — total stock, bonds and debt, repre-
senting cost of roads, $124,362.82.
HARRIS LANPHEAR, President .Rockville, R. I.
Secretwy and Treasurer— J. B. Potter Wyoming, K. I.
PRINCIPAL OFFICE AND ADDRESS Rockville, R. I.
OF CONNECTICUT.
Area, 4,750 square miles. Population, 580,408. Assessed valuation, $314,406,977.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Track.
Length of Line.
Total.
Conn.
1. Boston and New York Air Line
Ft. In.
4:8*
4:8*
4:8*
4:8*
4:8.*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
M.
50.00
3.57
27.25
46.40
66.70
33.80
123.19
74.00
56.55
8.30
13.00
99.01
100.00
5.50
139.00
140.50
62.50
66.40
4.80
32.28
50.00
2.25
4.40
M.
50.00
3.57
27.25
46.40
66.70
33.80
96.04
74.00
56.55
8.30
13.00
66.39
56.00
5.50
39.25
119.50
17.00
49.00
4.80
32.28
50.00
2.25
4.40
2. Colchester (B. and N. Y. Air Line)
3. Connecticut Central
4. Connecticut Valley
5. Connecticut Western
6. Danbury and Nor walk
7. Hartford, Providence and Fislikill
8. Housatonic
9. Naugatuck
10. New Canaan
11. New Haven and Derby
12. New Haven and Northampton
13. New London Northern
14. New York, Housatonic and Northern (H.)
15. New York and New England [Mass
16. New York, New Haven and Hartford
17. New York, Providence and Boston [R. I.
18. Norwich and Worcester
19. Rockville (H., P. and F.)
20. Shepaug
21. Shore Line (N. Y., N. H. and H.)
22. South Manchester (H., P. and F.)
23. Watertown and Waterbury (N.)
Total Length. .
1209.40
921.98
102
BAILBOAD MANUAL OF THE UNITED STATES.
BOSTON AND NEW YOEK AIE LINE EAILEOAD.
Line of Road.— New Haven, Ct., to Willimantic, Ct 50.00 miles.
Leased : Colchester R. R 8.57
Total length of line owned, leased, and operated 53.57 miles.
Sidings, etc., 4.07 miles. Gauge, 4 feet 8$- inches. Rail, 58 Ibs. Steel rails, 13.07 m.
This company was chartered in 1846 as the New York and Boston R. R. Co.,
and construction commenced in 1853. It was subsequently consolidated with other
companies ; but, in consequence of failure to proceed with the work as required,
the charter expired by limitation. In 1867, a charter covering the same line was
granted to the New Haven, Middletown, and Willimantic R. R. Co., under which
organization the present road was completed, August 13, .1873. That company having
defaulted on its mortgage bonds, the road was sold under foreclosure, and a reor-
ganization under the present title was made in 1875 — the bonds of the old company
being exchanged for stock in the new.
Rolling Stock.— Locomotive engines, 9. Cars— passenger, 11 ; baggage, mail,
and express, 5 ; and freight, 118— total revenue cars, 134. Also, 22 service cars.
Operations for year ending September 30, 1877. — Trains run — passenger, 134,741;
freight, 62,673 — total, 197,414 miles. Passengers carried, 103,794. Carried one mile,
2,426,897. Freight moved, 78,488 ; moved one mile, 3,052,810 tons.
Earnings.
From Passengers $89,202 24
" Freight 112,577 57
Miscellaneous 13,045 29
$214,825 10
Expenditures.
For Maintenance of Way $23,625 09
" Rolling Stock 8,883 23
" Transportation, etc 106,054 15
$138,562 47
Balance — net earnings, $76,262.63. Included in operating expenses are $7,800 for
rent for use of other R. Rs. Payments from net earnings — interest on funded debt,
$31,815; interest on loans, $7,126.05; on construction accounts, $21,124.50; equip-
ment, $9,597.10.
The receipts from all sources were $358,462.20, being, in addition to earnings,
$15,677.10 from former dues, and $128,000 from sale of 1st mortgage bonds. Pay-
ments, in addition to those stated — dues prior to September 30, 1876, $6,610 ; floating
liabilities $69,922.83 ; balance, cash and cash assets, $73,704.25.
Abstract of operations and general account for four years :
Years.
Miles.
En-
gines.
Cars.
Train
Miles.
Passen-
gers
Carried.
Freight
Moved.
Earn-
ings.
Net
Income.
Cap.
Stock.
Bonds.
Cost of
Construc-
tion.
1873-74.
1874-75.
1875-76.
1876-77.
50.00
50.00
50.00
53.59
4
4
8
9
16
58
134
134
115,128
145,756
189,550
197,414
103,258
129,189
132,355
103,794
38,370
41,054
49,408
78,488
$133,392
150,965
167,991
214,825
$38,663
38,373
37,617
76,263
$1,938.000 $3,000,000
2,484,000 46,000
2,831,158 360,000
2, 920,707 i 488,000
$2,571,553
3,312,103
3,429,379
EA1LROAD MANUAL OF THE UNITED STATES.
103
General Balance, September 30, 1877.
Construction and Equipment (old)... .$3,006,150 84
" " (new).... 423,22817
Accounts receivable 36,160 64
Sundry Dues 19,356'12
Cash on hand 18,18749
Capital Stock, preferred $2,225,000 00
" Common and Scrip .... 695,706 81
Funded Debt 488,00000
Sundry Accounts 55,993 98
Profit and loss 38,382 47
$3,503,083 26 $3,503,083 26
Directors (elected June. 1877). — H. B. Hammond, S. S. Sands, E. Ellery Ander-
son, and D. B. Hatch, New York ; R. Ropes, Brooklyn ; T. L. Watson, Bridgeport,
Ct. ; J. N. Camp, Middletown, Ct. ; H. G. Lewis, and Isaac Anderson, New Haven,
Ct. ; W. H. Hayward, Colchester, Ct. ; and G. S. Moulton, Willimantic, Ct.
E. ELLERT ANDERSON, President New York City.
General Manager— K. B. Hammond.. .N. Y. City.
Auditor— A. Duprat " "
Secretary— -T '. L. Watson Bridgeport, Ct.
Treasurer— D. B. Hatch . . N. Y. City.
Superintendent— Jos. H. Franklin. New Haven, Ct.
Tkt. and Frt. Agent-H. A. Kimball. " "
GENERAL OFFICE AND ADDRESS New Haven, Ct.
Fiscal Office 12 Wall Street, New York.
COLCHESTEE EAILEOAD.
This company was chartered in 1876, and the road opened in August, 1877.
It extends from Turnerville (B. and N. Y. Air Line R. R.) to Colchester, Ct. 3.57
nttles, with 0.5 mile sidings. It was leased on completion to the Boston and New
York Air Line R. R. Co., by which it is operated.
Rolling Stock. — Furnished by lessees.
Operations for year ending September 30, 1877.— Included in lessees' report.
Financial Statement, September 30, 1877.— Capital stock, $25.000; floating
debt, $25.096— total, $50.096, representing cost of R. R.
W. H. HAYWARD, President Colchester, Ct.
Secretary— Ira, A. Dinsmore Colchester, Ct. | Treasurer— G. G. Wickwill Colchester, Ct.
PRINCIPAL OFFICE AND ADDRESS Colchester, Ct.
CONNECTICUT CENTEAL EAILEOAD.
Line of Road. — Hartford, Ct., to East Longmeadow, Mass 20.25 miles.
Branch : Melrose, Ct., to Rockville, Ct 7.00 "
Leased : Springfield and New London R. R. 7.50 "
Total length of line owned, leased, and operated 34.75 miles.
Sidings, 1 mile. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
This company was chartered in 1871, and the road was opened January 26, 1876.
It connects at East Longmeadow (State Line) with the Springfield and New London
104 BAILEOAD MANUAL OF THE UNITED STATES.
R. R., 7.50 miles from Springfield, and both lines are operated as one. The road was
operated from the opening to August 31, 1876, under a contract with the Connecticut
Valley R, R. Co.
Boiling Stock.— (Leased) Locomotive engines, 3. Cars— passenger, 4 ; baggage,
etc., 1 ; freight, 5.
Operations for year ending September 30, -1877. — Trains run— passenger, 65,469 ;
freight, etc., 29,102— total, 94,571 miles. Passengers carried, 61,670; carried one
mile, 856,014. Freight moved, 53,971 ; moved one mile, 1,199,837 tons.
Earnings.
From Passengers $28,675 03
" Freight, etc 56,24308
$84,918 11
Expenditures.
For Maintenance of Way. . . $9,074 02
" Transportation, etc 63,453 14
$72,527 16
Balance — net earnings, $12,390.95. Included in operating expenses are $6,000
rental S. and N. L. R. R. ; $7,696.49 for H., P. and F. R. R. ; and $7,662.33 for S., A.
and N. E. R. R. There was also paid $3,332.33 for use of rolling stock. There was
also received as rent from the Connecticut Valley R. R. Co., $4,000. Payments —
interest, $2,080.96; construction, $2,728.25; leaving cash on hand, $12,518.94.
General Balance, September 30, 1877.
Construction $730,996 64
Materials 1,308 08
Cashonhand 12,51880
$744,823 52
Capital Stock $444,200 00
Funded debt 262,500 00
Sundry Accounts 38,123 52
$744,823 52
The funded debt consists of 1st mortgage 7 per cent, bonds, due October 1, 1895
— interest payable April and October. During the year $71,683 was realized from
sale of stock.
Directors (elected November 8, 1877) — D. D. Warren, Willis Phelps, and Wm.
Birnie, Springfield, Mass. ; F. Gowdy, J. M. Stiles, N. S. Osborn.and Lemuel Stough-
ton, East Windsor, Ct. ; H. P. Stedman,East Hartford, Ct. ; A. P. Prickett, Hazard-
ville, Ct. ; E. S. Henry, Rockville, Ct. ; J. A. Thompson, Melrose, Ct. ; Geo. Beach,
Hartford, Ct.
DANIEL D. WARREN, President and Treasurer. .Springfield, Mass.
Vice-President— 1? . Gowdy East Windsor, Ct. Sec. and Treas.—T. W. Maltbie Hartford, Ct.
Gen. Agent— E. M. Bartlett Springfield, Mass. Purch. Agent— C. J. Sanderson. . Springfield, Mass.
PRINCIPAL OFFICE AND ADDRESS Springfield, Mass.
SPBINGFIELD AND NEW LONDON EAILEOAD.
This company was chartered in 1874, and the road opened in 1876. It extends
from the Connecticut State Line to Springfield, Mass., 7.50 miles, with 0.5 miles of
sidings, and is operated under lease by the Connecticut Central R. R. Co.
Rolling1 Stock. — Furnished by lessees.
Operations for year ending September 30, 1877. — Not stated. Received as rental,
$6,000.
RAILROAD MANUAL OF THE UNITED STATES.
105
Financial Statement, September 30, 1877.— Capital stock authorized, $200,000 ;
paid in, $196,960. Per contra: Expended for construction, $181,921.61. Cash on
hand, $18,255.87.
GURDON BILL, President Springfield, Mass.
PRINCIPAL OFFICE AND ADDRESS Springfield, Mass.
CONNECTICUT YALLEY KAILKOAD.
Line of Road. — Hartford, Ct. , to Say brook, Ct 46.40 miles.
Sidings, etc. , 5.7 miles. Gauge, 4 feet 8£ inches. Rail, 50 Ibs. Steel rails, 7 miles.
Chartered July 1, 1868, and was completed for train operations June 30, 1871.
On the 1st of July, 1876, it was taken possession of by the trustees of the 2d mort-
gage bondholders, and has since been operated by their agents.
Rolling1 Stock. — Locomotive engines, 7. Cars — passenger, 14 ; baggage, mail,
and express, 7 : and freight — box and platform, 110 ; other, 49 — total revenue cars, 180.
Operations for year ending September 30, 1877. — Trains run — passenger, 76,005 ;
freight, 60,527 ; and other, 34,476— total, 171,008 miles. Passengers carried, 206,702 ;
carried one mile, 3,508,582. Freight moved, 64,844; moved one mile, 2,177,381 tons.
Earnings.
From Passengers $86,603 84
" Freight 83,31381
" Mail, Express, etc 11,40888
Expenditures.
For Maintenance of Way $23,140 25
" Boiling Stock 15,33807
" Transportation, etc 83,828 67
$122,306 99
Payments — taxes, $8,557.03 ; interest,
$181,326 53
Balance — net earnings , $59 ,01 9 . 54.
$43,413.40. There was also received from sundry sources, $16,546.02; and profit
and loss, $22,698.27— of which, $33,264.79 was spent on construction* etc., leaving
balance on hand, $12,728.61.
Abstract of operations and general balance for six years :
Years.
Miles
R. R.
En-
gines.
Cars.
Passen-
gers.
Tons
Freight.
Train
Miles.
Gross
Earn-
ings.
Net
Earn-
ings.
Capital
Stock.
Funded
Debt.
Cost of
Construc-
tion.
1871-72.
45
6
157
205,441
16,070
66,293
$144,851
$45,763
$1,033,500
$998,000
$2,649,764
1872-73.
46.4
6
179
284,298
46,692
146,000
247,549
108,181
1,034,600
1,000,000
2,883,820
1873-74.
46.4
6
180
276,196 42,337
144,553
285,376
131,139
1,059,800
2,250,000
2,956,914
1874-75. 46.4
6
180
311,829
45,373
131,886
271,059
135,310
1,059,800
2,225,000
3,062,419
1875-76.
46.4
6
181
303,762
75,544
162,075
268,842
13,693
1,069,000
2,250,000
3,064,389
1876-77.
46.4
7
180
206,702
64,844
171,008
181,327
59,020
1,069,000
2,250,000
3,094,488
No general balance sheet is given. The latest is as follows :
General Balance, June 30, 1876.
Construction and Equipment $3,064,388 76 j Capital Stock $1,069,000 00
Land Resources 300,382 12 ; Funded Debt 2,250,000 00
Sundry Accounts 17,359 88 Interest on 2d Mortgage Bonds 350,000 00
Profit and Loss 563,29462
$3,945,425 38
Floating Debt 276,425
$3,945,425 38
106 BAILKOAD MANUAL OF THE UNITED STATES.
Statement of funded debt in detail :
Character of Bonds.
Date of
Bonds.
Rate.
Interest Payable.
Principal,
When Due.
Amount
Author-
ized.
Amount
Out-
standing.
1st Mortgage
Dec. 1, 1870
7
June and Dec.
Dec. 1, 1900
$1,000.000
$1,000,000
2d "
Oct. 1, 1872
7
April and Oct.
Oct. 1, 1902
1,250,000
1,250,000
The overdue interest on 1st Mortgage bonds amounted, September 30, 1876, to
$35,000 ; and on 2d Mortgage bonds to $437,500.
Directors (elected November 27, 1877). — J. C. Walkley and Isaac Arnold, Had-
dam, Ct.; L. Boardman, E. Haddam, Ct. ; Geo. Beach, N. Hollister, F. B.Cooley, E. T.
Smith, Hartford, Ct. ; E. R. Wiggin, Boston, Mass. ; S. Babcock and A. W. Bacon,
Middletown, Ct. ; S. M. Comstock, Centre Brook, Ct. ; O. H. Clark, Chester, Ct.; and
John W. Marvin, Say brook, Ct.
SAMUEL BABCOCK, President and Supt Hartford, Ct.
Luther Boardman, Vice-President East Haddam, Ct.
Treas. and Sec.—Levi Woodhouse. . .Hartford, Ct. Master Mechanic— G. W. Hollister Hartford, Ct.
Boad Master— E. Loomis " " Gen. Tkt. Agent— T. T. Welles
PRINCIPAL OFFICE AND ADDRESS Kilbourn Street, Hartford, Ct.
CONNECTICUT WESTEKN EAILEOAD.
Line of Road. — Hartford, Ct., to State Line, Ct 66.7 miles.
Operated.— Newburg, Dutchess & Conn. R. R., St. Line to Millerton, N.Y. . 1.6 "
Total length of line owned and operated 68.3 miles.
Sidings, etc., 10 m. Gauge, 4 ft. 8£ in. Rail, 60 Ibs. Steel rail, 5 miles.
This company was chartered June 25, 1868, and road opened December 21, 1871.
Rolling Stock. — Locomotive engines, 10. Cars — passenger, 12 ; baggage, mail,
and express, 3 : and freight (box, 72 ; platform, 127 ; other 22), 221— total revenue
cars, 234.
Operations for year ending September 30, 1877.— Trains run— passenger, 115,-
591; freight, 81,167; and other, 6,099— total, 202,895 miles. Passengers carried,
155,572 ; carried one mile, 2,526,497. Freight moved, 112,591 tons ; moved one mile,
3,329,565 tons.
Earnings.
From Passengers $92,351 08
" Freight 128,660 77
" Mail and Express 6,930 32
Expenditures.
For Maintenance of Way $57,335 19
" Rolling Stock.. 11,56674
" Transportation, etc 100,38976
$227,942 17 $169,291 69
Balance— net earnings, $58,650.48. Payments— taxes, $214.07; interest on bonds,
$24,564.59. Construction, etc., $24,210.54.
Included in operating expenses are $5,475.53, rents paid. Tbe last payment of
KATLEOAD MANUAL OF THE UNITED STATES.
107
interest was to January 1, 1876. The over due interest amounted at close of fiscal
year, to $309,277.50.
Abstract of operations and general balances for six years :
Years.
Miles
R.R.
En-
gines.
Cars.
Passen-
gers.
Tons
Freight.
Train
Miles.
Gross
Earn-
ings.
Net
Earn-
ings.
Capital
Stock.
Funded
Debt.
Cost of
Con-
struction.
1871-72.
6-2.2
8
207
$323,565
$165,612
$1,504,028
$2,445,500
$4,092,987
1873-73.
1873-74.
1874-75.
1875-76.
1876-77.
66.3
66.7
68.3
68.3
68.3
8
9
9
9
10
207
214
224
224
234
151,638
220,086
209,697
194,842
155,572
194,950
108,126
109,671
133,564
112,591
110,914
205,108
210,650
228,097
202,895
442,734
350,786
385,796
318,287
227,942
167,474
138,551
184,296
110,328
58,650
1,890,125
1,890,725
1,891,845
1,888,600
1,892,100
2,674,000
2,686,000
3,000,000
3,000,000
2,945,500
4,543,636
4,727,032
4,944,353
4,983,899
5,008,110
Construction and Equipment $5,008,110 12
Materials 20,634 87
Sundry Accounts 32,330 95
Cash and Dues 29,14207
General Balance, September 30, 1877.
Capital Stock $1,892,099 64
Funded Debt 2,945,500 00
Bills Payable 43,812 34
Sundry Accounts ' 208,80603
$5,075,954 67
$5,090,218 01
The funded debt consists of 7 per cent. 1st mortgage, tax-free bonds, due July 1,
1900. In addition to those above stated, there are $254,500 pledged as collateral, of
which $54,500 were reported last year as outstanding, thus causing the apparent re-
duction in the funded debt.
Directors (elected November 21, 1877). — William H. Barnum, Lime Eock, Ct. ;
A. H. Holley, Lakeville, Ct. ; C. T. Hillyer, T. M. Allyn, N. S. Barbour, L. B. Mer-
riarn, Hartford, Ct. ; C. J. Camp, William L. Gilbert, and George Dudley, Winsted,
Ct. ; D. J. Warner, Salisbury, Ct. ; E. T. Butler, Norfolk, Ct. ; L. W. Cutler, Water-
town, Ct.
C. J. CAMP, President West Winsted, Ct.
C. T. Hillyer, Vice- President Hartford,
Treasurer— William L. Gilbert Winsted, Ct.
Secretary— E. P. Beardsley Hartford, "
Superintendent— Jno. F. Jones " "
Road Master— Samuel Greer Hartford, Ct.
Gen. Tkt. Agt — Walter Pierce "
Gen. Freight Agt.— 3. F. Jones "
PRINCIPAL OFFICE AND ADDRESS. Asylum Street, Hartford, Ct.
DANBUEY AND NOEWALK EAILEOAD.
Line of Road. — Danbury, Ct., to South Nor walk, Ct. .23.8 miles.
Branches • \ Brancnville> Ct- » to Ridgefield, Ct 4.0 miles.
' \ Bethel, Ct., to Hawleyville, Ct 6.0 " 10.0 "
Total length of railroad owned and operated by company 38.8 miles.
Sidings, etc., 5 miles. Gauge, 4 feet 8£ inches. Rail, 53 and 57 Ibs. Steel rails, 5 m.
This company was chartered in May, 1849, and the road opened in 1852.
108
BAILKOAD MANUAL OF THE UNITED STATES.
Rolling Stock. — Locomotive engines, 6. Cars — passenger, 8 ; baggage, mail, and
express, 3 ; and freight, 77 — total revenue cars, 88.
Operations for year ending September 30,1877. — Trains run — passenger, 68,756 ;
freight, etc., 36,256 — total, 105,012 miles. Passengers carried, 232,231 ; carried one
mile, 2,464, 378. Freight moved, 50,188 tons ; moved one mile, 903,384 tons.
Earnings.
From Passengers $71,307 59
" Freight 85,17456
" Mail and Express, etc 8,76315
Expenditures.
For Maintenance of Way $43,520 29
" Rolling Stock 12,629 94
" Transportation 58,81975
$165,245 30 $114,969 98
Balance — net earnings, $50,275.32. Payments from net earnings — taxes (2 years)
$14,821.75 ; interest, $34,231.18. Dividends (3 per cent.), $17,995.50. Cash on hand
last report $33,509.96. Total surplus now on hand, $13,028.09.
Abstract of operations and general balances for six years :
Years.
<c
£
1
Train
Mileage.
Passen-
gers.
Freight.
Earnings.
Net In-
come.
Divi-
dends.
Stock.
Bonds.
Cost R. R.
1871-72
34
89,800
129,629
45,218
$172,427
$69,087
$30,000
$600,000
$500,000
$1,117,609
1872-73 34
112,354
176,067
43,549
174,564
63,352
None.
600,000
500,000
1,131,814
1873-74 34
116,347
174,600
49,900
171,971
68,265
"
600,000
500,000
1,134,323
1874-75 34
116,087
173,784
47,419
167,027 72,269
35,973
600,000
500,000
1,135,834
1875-76 34
106,700
190,715
53,387
173,478
81,268
35,991
600,000
500,000
1,135,834
1876-77
34
105,012
232,231
50,188
165,245
50,275
17,995
600,000
500,000
1,135,834
General Balance, October 1, 1877.
Construction $971,094 56
Equipment 164,739 58
Cash, Materials, etc 37,835 85
$1,173,669 99
Statement of funded debt in detail :
Capital Stock $600,000 00
Funded Debt 500,000 00
Profit and Loss 73,669 99
$1,173,669 99
Nature of Security.
Rate.
Interest
Payable.
Principal
Payable.
Amount
Out-
standing.
7
April and Oct
Oct 1 1880
$100,000
7
Jan. and July.
July 1, 1890.
200,000
3d "
7
Jan. and July.
July 1, 1892.
200,000
Directors (elected October 25, 1877).— R. P. Flower and H. H. Hollister, New
York City ; William C. Street and J. W. Hyatt, Norwalk, Ct. ; Lucius P. Hoyt, David
P. Nichols, and E. S. Tweedy, Danbury, Ct. ; Orrin Benedict, Bethel, Ct. ; Ambrose
S. Hurlburt, Westport, Ct.
R. P. FLOWER, President New York City.
J. W. Hyatt, Vice-President Norwalk, Ct.
Sec. and Treas.—'B.. Williams Danbury, Ct. | Sup. &Pur. Agt.—L. W. Sandiforth. Danbury, Ct.
PRINCIPAL OFFICE AND ADDRESS Danbury, Ct.
RAILROAD MANUAL OF THE UNITED STATES. 109
HAKTFOBD, PEOYIDENCE AND FISHKILL KAILKOAD.
Line of Road. — Providence, R. I., to Waterbury, Ct 122.36 miles.
Branch : Dorrance street, Providence 0.83 "
Leased lines, named below 10.25 "
Total length of line owned, leased, and operated 133.44 miles.
Sidings, etc., 26.52 m. Gauge, 4 ft. 8| in. Rail, 60 Ibs. Steel rails, 31.8 miles.
This company was organized in 1847 by the consolidation of the New York and
Hartford R. R. Co., chartered in Connecticut May, 1845, and the Hartford and Provi-
dence R. R. Co., chartered in Rhode Island May, 1847. The construction was com-
menced in 1847, and the line completed to Waterbury in 1855. The company defaulted
on the interest on its bonds January 1, 1858, and was placed in the hands of the
trustees, by whom it has since been operated.
LEASED LINES : South Manchester R. R 2.25 miles.
Pawtuxet Valley R. R 3.20 miles.
Rockville R. R 4.80 " Total leased lines 10.25 miles.
Rolling Stock. — Locomotive engines, 33. Cars — passenger, 37 ; baggage, mail,
and express, 17 ; and freight, box and platform, 344 ; coal and other, 71 — total revenue
cars, 469. Also, 2 service cars.
Operations for year ending September 30, 1877. — Trains run — passenger, 372,185 ;
freight, 158,419 ; and other, 81,549 — total, 612,153 miles. Passengers carried, 1,247,-
732; carried one inile, 15,476,226. Freight moved, 296,681 tons; moved one mile,
7,853,814 tons.
Earnings.
From Passengers $414,061 56
" Freight 418,328 29
" Mail and Express 25,36046
Miscellaneous 39,89465
Expenditures.
For Maintenance of Way $182,541 94
" Rolling Stock 91,369 53
" Transportation 383,91660
Miscellaneous 23,878 04
$897,644 96 $681,706 11
Balance — net earnings, $215,938.85. Included in operating expenses are rentals
amounting to $40,443.78, of which $5,000 were to Boston and Providence ; $2,700 to
New Haven and Northampton; $1,500 to Naugatuck R. R. Cos., and the remainder
to the various leased lines. Payments : taxes, $19,479.45 ; interest, $221,035 ; and
on construction account, $21,846.68. Total payments, $262,361.13 ; balance : deficit,
$46,422.28.
Abstract of operations for ten years :
Fiscal Years.
Train
Mileage.
Passen-
gers.
Mileage.
Tons
Freight.
Mileage.
Gross
Earnings.
Net
Earnings.
Interest
Paid.
1868(llmths.)
1869
371,325
470,699
544,772
518,637
541,441
578,567
598,868
665,309
684,742
612,153
792,237
997,570
1,066,281
1,149,889
1,207,711
1,306,389
1,254,566
1,293,435
1,389,733
1,247,732
11,522,980
13,592,276
14,447,202
15,622,789
16,918,265
16,228,506
14,732,294
15,013,844
16,116,692
15,476,226
188,629
212,805
226,481
263,447
266,912
298,558
286,918
293,923
302,597
296,681
4,631,218
5,172.157
5,051,366
6,096,808
7,483,216
7,846,886
6,902,929
7,348,401
7,705,847
7,853,814
$715,271 09
848,563 25
888,754 98
939,344 05
1,004,039 57
1,064.940 50
974,551 12
991,221 48
950,744 48
897,644 96
$124,547 81
79,027 64
121,393 75
191,062 34
193,062 71
175,132 17
157,584 60
169,192 67
166,594 43
215,938 85
$143,885 00
1870
1871
1871-72...
145,992 49
154,561 59
166,656 97
166,321 51
174,061 12
221,035 00
1872-73
1873-74...
1874-75
1875-76. . .
1876-77
110
RAILROAD MANUAL OF THE UNITED STATES.
General Balance, September 80, 1877.
Construction and Equipment $2,293,844 96
Materials 200,856 45
Coupon Account 2,672 50
Sundry Accounts 14,244 41
FundedDebt $2,055,50000
Floating Debt. . 327,061 55
Loan Account, etc 20,805 15
Profit and Loss 58,251 62
$2,461,618 32 $2,461,618 32
The capital stock, not included in above general balance, consists of $1,500,000
common and $537,939.98 preferred— total, $2,037,939.98 ; and tlie entire cost of the
road is stated in report as $4,353,444:92.
The funded debt consists of 1st mortgage 7 per cent, bonds, interest January and
July, principal in 1876, and then renewed to 1880, $2,055,500. Of these bonds
$481,000 are a lien on the road in Rhode Island, and $1,574,500 on the road in Con-
necticut. There has been no change in the capital account and funded debt for the
last ten years, except in the annual appraisement of equipment.
Summary of leased lines, September 30, 1877 :
Miles.
Rental.
Capital
Stock.
Funded
Debt.
Floating
Debt.
Cost of
Con-
struction.
Pawtuxet Valley R. K
3.20
$15,120
$100,300
$100,000
$200300 00
Rockville R. R
4.80
9,000
97,750
29,300
$48 820 17
174 767 93
South Manchester R. R
2.25
40,000
27,000 00
67 000 00
10.25
$24,120
$238,050
$129,300
$75,820 17
$442,067 93
Bondholders' Trustees. — George M. Bartholomew, Calvin Day, and F. B. Cooley,
Hartford, Ct.; Henry Lippitt, Benjamin Tripp, H. W. Gardner, and N. W. Aldridge,
Providence, R. I.
GEORGE M. BARTHOLOMEW, President Hartford, Ct.
Secretary J. M. Belden.
General Superintendent Samuel Nott.
Assistant Superintendent J. T. McManus.
Eoad Master L. B. Bidwell.
Master of Machinery A. Pillsbury.
General Ticket Agent Lucius Tuttle.
General Freight Agent A. G. Tuttle.
PRINCIPAL OFFICE AND ADDRESS No. 192 Asylum Street, Hartford, Ct.
PAWTUXET VALLEY EAILEOAD.
Chartered in Rhode Island, 1873, road was opened August 2, 1874, and leased to
trustees of H., P. and F. R. R. Co. It extends from River Point to Hope, R. I., 3.2
miles, with 0.5 mile of sidings.
Operations for year ending July 31, 1877 — Earnings from passengers, $5,337.38 ;
from freight, $9,915.99— total, $15,253.37. Operating expenses, $8,830.46. Net
earnings, $6,422.91. Dividends, $6,000 ; interest, $7,000.
Financial Statement, July 31, 1877.— Capital stock paid in, $100.900 ; funded
debt, $100,000— total, stock and bonds, representing cost of road, $200,900.
HENRY HOWABD, President Coventry, R. I.
BAILEOAD MANUAL OF THE UNITED STATES. Ill
EOCKVILLE KAILKOAD.
Chartered in 1857, road opened in 1863, and leased to H., P. and F. R R. Co.
It extends from Vernon, Ct., to Rockville, Ct., 4.8 miles, with 0.75 mile of sidings.
Operations. — Included in lessees' returns. Lease rent, $9,000.
Financial Statement, October 1, 1877. — Capital stock, common, $68,750 ; pre-
ferred, $29,000 ; funded debt, 1st mortgage 7 per cent, bonds, due 1883, $6,000 ; other
accounts, $24,058.25. Profit and loss, $53,694.92. Total stock, bonds, etc., $181,-
503.17. Cost of road, etc., $173,105.65 ; other accounts, $8,397.52.
J. J. ROBINSON, President Rockville, Ct.
Sec. and Treas.—J. C. Hammond, Jr.. Rockville, Ct. | Superintendent— A. H. Putnam Rockville, Ct.
PRINCIPAL OFFICE AND ADDRESS Rockville, Ct.
SOUTH MANCHESTEE KAILKOAD.
Chartered in 1866, road opened in 1869, and leased to H., P. and F. R. R. Co. It
extends from Manchester to South Manchester, Ct., 2.25 miles, with 1.17 mile of
sidings.
Operations. — Included in lessees' returns.
Financial Statement, September 30, 1877.— Capital stock, $40,000. Floating
debt, $27,000. Cost of road to date, $67,000.
F. W. CHENEY, President South Manchester, Ct.
HOUSATONIC KAILKOAD.
Line of Road. — Bridgeport, Ct., to State Line, Mass 74.00 miles.
Leased lines, named below ..52.25 "
Total length of lines owned, leased, and operated 126.25 miles.
Sidings, etc., 17 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs. Steel rails, 22.5 miles.
The Housatonic R. R. Co. was chartered by the Legislature of Connecticut in
May, 1836, and the road was completed in 1842. At the Massachusetts State Line it
connects with the Berkshire Railroad, extending to West Stockbridge, Mass.
LEASED LINES :
Berkshire R. R 22.80 m.
N. Y. , Housatonic and Northern
R. R. . 5.50 "
Stockbridge and Pittsfield R.R.22.00 m.
West Stockbridge R. R 2.75 "
Total.. 52.25m.
Rolling Stock. — Locomotive engines, 19. Cars — passenger, 21 ; baggage, mail,
and express, 8 ; freight — box and platform, 199 ; coal and other, 240 — total revenue
cars, 468.
Operations for year ending September 30, 1877. — Trains run — passenger, 217,430 ;
freight, 192,689 ; and other, 26,478— total, 436,597 miles. Passengers carried, 225,768 ;
carried one mile, 5,869,968. Freight moved, 200,456 ; moved one mile, 11,658,923 tons.
112
RAILKOAD MANUAL OF THE UNITED STATES.
Earnings.
From Passengers $168,405 98
" Freight 396,54179
" Mail, Express, etc 24,45939
$589,407 16
Expenditures.
For Maintenance of Way $118,196 40
" Rolling Stock 38,32735
" Transportation, etc 278,253 09
$434,776 84
Balance — net earnings, $154,630.32. Included in operating expenses are rents
paid to Berkshire R. R., $42,000 ; Stockbridge and Pittsfield R. R., $31,409 ; other
leased lines, $6,923.12— total rents, $80,340.12. Payments from net earnings — taxes,
$9,739.92; interest, $43,617.60; dividends (8 per cent.), $94,400— total, $147,757.52.
Surplus for year, $6,872.80.
Abstract of operations and general account for ten years :
S'
£
4J
cc
73
Fiscal
Years.
Track
Miles.
a
§
•
cj
Q
Train
Mileage
C?
M
B
<u
m
§
2
Gross
Earnings.
Net
Earnings.
G
«
3
'>.
Stock.
Bonds.
A
a
ft
ft
5
1868...
83.50
12
274
280,336
170,877
105,987
$581,983 15
$116,004 35
4
$2,000,000
$291,000
1869...
83.79
13288
296,667
228,308
140,875
743,807 94
121,979 87
4
2,000,000
291,000
1870...
84.10
14 306 [ 314,416
•228,693
200,872
752,097 55
125,657 01
12
2,000,000
341,000
1871...
85.32
16354
321,600
780,280 84
92,383 77
12
2,000,000
391,000
1872*..
86.32
16'448
259,541
581,356 40
194,111 74
9
2,000,000
391,000
1872-73
89.56
17
413
264,881
167,628
221,100
454,963 30
144,283 11
8
2,000,000
541,000
1873-74
90.06
19435
313,217
162,600
150,490
413,877 66
135,355 49
8
2,000,000
541,000
1874-75
90.06
19436
428,236
278,338
215,707
682,009 72
132,740 58
6
2,000,000
541,000
1875-76
91.00
19|445
434,397
262,253
229,802
656,544 24
158,871 18
8
2,000,000
550,500
1876-77
91.00
19
468
436.597
225,768
200,456
598,407 16
154,630 32
a
2,000,000
550,000
Cost of
Road.
$2,105,558
2,105,558
2,105,558
2,205,558
2,355,558
2,385,558
2,463,780
2,508,830
2,532,465
2,559,252
* For nine months only.
The dividends above noted are on preferred stock alone, amounting to $1,180,000.
No dividends have hitherto been declared on common stock. The funded debt con-
sists of $550,000, of which $400,000 are mortgage bonds, due, $100,000 in 1885, and
$300,000 in 1889 ; and $150,000 equipment bonds, due 1883— those due 1889 bearing
6 per cent, interest, the balance 7 per cent.
General Balance, September 30, 1877.
Construction and Equipment ......... $2,559,252 42
Real Estate .......................... 190,579 18
Materials .................. ........... 39,441 64
Sundry Accounts ..................... 35,924 20
Cash on Hand
38,245 10
Capital Stock, Common $820,000 00
" " Preferred 1.180,000 00
Funded Debt 550,000 00
Floating Debt 147,411 88
Profit and Loss..... 166,030 66
$2,863,442 54
Summary of Leased Lines, September 30/1877.
$2,863,442 54
Miles.
Rental.
Capital
Stock.
Funded
Debt.
Floating
Debt.
Cost of
Con-
struction.
Berkshire R. R
2200
$42 000 00
$600,000
$600,000 00
N. Y., Housatonic and N. R. R...
Stockbridge and Pittsfleld R. R.
5.50
2200
6,231 12
31 409 00
1,000,000
448.700
$249,000
$225,374 37
661,811 94
448,700 00
West Stockbridge R. R
275
700 00
39,600
'/:::::
::::::::::
39,600 00
52.25
$80,340 12
$2,088,300
$249,000
$225,374 37
$1,750,111 94
EAILBOAD MANUAL OF THE UNITED STATES. 113
Directors (elected February 22, 1878).— Samuel Willetts, New York City ; William
H. Barnum, Lime Rock, Ct. ; George W. Peet, Canaan. Ct.; A. B. Mygatt, New Mil-
ford, Ct.; Horace Nichols, William D. Bishop, David S. Draper, Bridgeport, Ct.;
Edward Leavitt and Charles A. Peck, New York City.
WILLIAM H. BARNUM, President Lime Rock, Ct.
David S. Draper, Vice-Pres. and Purch. Agent Bridgeport, Ct.
Treasurer and Secretary C. K. Averill.
Superintendent N. M. Brown.
Road Master John S. Lane.
Auditor H. W. Watson.
Master Mechanic N. Slingland.
General Ticket Agent H. D. Averill.
General Freight Agent H. C. Cogswell.
Master Car Builder John Ferris.
PRINCIPAL OFFICE AND ADDRESS '. Bridgeport, Ct.
BEKKSHIKE RAILROAD.
Chartered April 13, 1837, and road opened December 1, 1842. It extends from
the Connecticut State Line to West Stockbridge, 22 miles, with 2 miles of sidings.
The Housatonic R. R. Co. furnishes equipment and pays an annual rental of $42,000,
being 7 per cent, on the capital stock. The Berkshire R. R. Co. own 80 shares of
their own stock.
Operations for year ending September 30, 1877. — Total receipts, $42,593.21. Pay-
ments— taxes and salaries, $6,292.73; dividends, $36,240; surplus for year, $60.48.
Total surplus, $13,490.60.
Financial Statement.— Capital stock, $600,000. Total cost of road, $600,000.
JOHN H. COFFING, President Great Barrington, Mass.
Daniel R. Williams, Clerk and Treasurer Stockbridge, Mass.
NEW YORK, HOUSATONIC AND NORTHERN RAILROAD.
Organized October 6, 1863, to build a railroad from the Harlem River, N. Y., to
Brookfield, Ct. — 60 miles. On the 1st of May, 1874, a section of 5.5 miles was opened
from Danbury, Ct., to Brookfield, Ct., and leased to the Housatonic R. R. Co., by
which it is operated. The rental paid for the year ending September 30, 1877, was
$6,231.12.
Financial Statement, May 1, 1874 (latest furnished). — Capital stock authorized
$3,000,000 ; subscribed and paid in, $1,000,000 ; funded debt, first mortgage 7 per
cent, bonds, payable October 1, 1902, interest, April and October, $249,000; floating
debt, $225,374.37— total stock, bonds and debt, $1,474,374.37. Per contra: Cost of
road and rolling stock, $661,811.
In July, 1874, the construction operations of the company were entirely sus-
pended, and the affairs were placed in the hands of a Receiver.
W. R. KIRKLAND, President New York City.
STOCKBRIDGE AND PITTSFIELD RAILROAD.
Chartered March 20, 1847, and road opened January 1, 1850. It extends from
Stockbridge to Pittsfield, Mass., 22 miles, with 3.25 miles of sidings. It was leased in
8
114 BAILED AD MANUAL OF THE UNITED STATES.
perpetuity to the Housatonic R. R. Co. at an annual rental of $31,409, being 7 per
cent, on its capital stock, of which it owns 34 shares.
Operations for year ending September 30, 1877. — Lease rent, $31,409 ; dividend
on 34 shares, $238; total receipts, $31,647. Payments — taxes, $4,517.46; dividends,
$27,045.06; interest, $56.42; surplus, $28.06. Total surplus, $2,669.12.
Financial Statement. — Capital stock, $448,700, representing cost of road, etc.
D. R. WILLIAMS, President ; D. A. Kimball, Treasurer. . Stockbridge, Mass.
WEST STOCKBEIDGE RAILEOAD.
Chartered April 5, 1836, and road opened in 1838. It extends from West Stock-
bridge, Mass., to State Line, N. Y., 2.75 miles, with 2.81 miles of second track. It
is operated by the Housatonic R. R. Co., and the Boston and Albany R. R. Co. also
runs its trains over part of it.
Operations for year ending September 30, 1877. — Included in lessees' returns.
Rental, $1,900 ; dividends, $1,584.
Financial Statement. — Capital stock paid in, $39,600. Per contra : Cost of rail-
road and appurtenances, $39,600.
GEORGE H. POWER, President Hudson, N. Y.
Henry W. Taft, Treasurer and Clerk Pittsfield, Mass.
NAUGATUCK KAILROAD.
Line of Road. — Naugatuck Junction (Bridgeport), Ct., to Winsted, Ct.. 56.55 miles.
Operated — Watertown and Waterbury R. R 4.60 "
Total length of line owned, leased, and operated 61.15 miles.
Sidings, etc., 9.90 miles. Gauge, 4 feet 8£ inches. Rail, 58 Ibs. Steel rails, 56.55 m.
This company was chartered in May, 1845, and the road opened September 24,
1849. The line of the N. Y., N. H. & H. R. R. is used from the Junction to Bridge-
port, 5 miles.
Boiling Stock. — Locomotive engines, 12. Cars — passenger, 16 ; baggage, mail,
and express, 4 ; and freight, 279 — total revenue cars, 299.
Operations for year ending September 30, 1877. — Trains run — passenger, 100,-
919; freight, 126,035; other, 31,763— total, 258,717 miles. Passengers carried,
289,228 ; carried one mile, 6,250,991. Freight moved, 170,069 tons ; moved one mile,
3,906,131 tons.
Earnings.
From Passengers $176,972 66
" Freight 301,65360
" Mail, Express, etc.. 25,04071
Expenditures.
For Maintenance of Way $65,868 11
" KollingStock 32,17161
" Transportation, etc 187,700 03
$503,666 97 $275,739 64
Balance — net earnings, $227,927.33. Payments from net earnings — taxes, $20,-
467.95; leaving net ^available, $207,759.38; dividends (10 per cent.), $195,920. Bal-
RAILROAD MANUAL OF THE UNITED STATES.
115
ance — surplus, $11,839.38; add premium on stock sold, surplus at beginning of year,
$275,512.42— total surplus, $311,831.80.
General Balance, September 30, 1877.
Construction Account $2,162,931 77
Materials
Real Estate, etc
Cash and Cash Assets .
68,569 20
78,742 69
53,666 78
$2,363,910 44
Capital Stock $2,000,000 00
Notes Payable
Sundry Accounts
, 25,000 00
, 27,07864
Profit and Loss? 311,831 80
$2,363,910 44
During the year, the entire line was laid with steel rails at an expense of $106,080.
Abstract of operations and general balances for seven years :
Years.
jg«
1«
Train
Miles.
Gross
Earnings.
Net
Earnings.
Divi-
dends.
Capital
Stock.
Bonds.
Surplus.
Cost of
R. R.
1870-71...
1871-72...
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
61
61
61
61
61
61
61
217,452
'243,268"
241,920
237,958
248,432
258,717
$624,762
*408,355
543,937
491,767
501,396
501,605
503,667
$240,499
133,664
224,228
213,549
241,119
225,300
227,927
$S3,420
187,540
187,965
169.441
188,465
188,865
195,920
$1,872,400
1,877,900
1,881,900
1,882,900
1,885,900
1,918,400
2,000.000
$112,500
107,000
103,000
102,000
99,000
$2,041,452
2,041,452
2,056,852
2,056,852
2,056,852
2,056,852
2,162,932
$251,262
265,886
275,512
311,832
* For nine months.
Directors (elected November 21, 1877).— W. D. Bishop, R. Tomlinson, and
E. F. Bishop, Bridgeport, Ct. ; A. L. Dennis, Newark, N. J. ; H. Bronson and J. B.
Robertson, New Haven, Ct. ; J. G. Wetmore, Winsted, Ct. ; R. M. Bassett, Derby, Ct. ;
and F. J. Kingsbury, Waterbury, Ct.
E. F. BISHOP, President Bridgeport, Ct.
Sec. and Treas.—H. Nichols Bridgeport.
Supt. and Purch. Agt. — G. W. Beach. ..Waterbury.
Auditor— Samuel Wilmot Bridgeport.
Road Master— J. G. Eggleston Waterbury.
Master Machinery — H. Hanf ord Bridgeport.
Master Car Repairs — G. W. Gray
PRINCIPAL OFFICE AND ADDRESS 200 Main Street, Bridgeport, Ct.
WATEETOWN AND WATEEBUEY EAILEOAD.
Chartered in 1869, and the road opened September, 1871. It extends from
Watertown to Waterbury, Ct. , 4.6 miles, with 0.25 mile of sidings, and was leased to
the Naugatuck R. R. Co. for 5 years from November 1, 1870. The lease expired
November 1, 1875, but this company continued its operations, all of which are included
in the above statement.
Financial Statement, September 30, 1877. — Capital stock paid in, $118,200 ; 1st
mortgage 7 per cent, bonds, principal due 1880, $19,000 ; floating debt, $5,320, con-
sisting of overdue interest — total stock, bonds, and debt, $142,520. Cost of R. R.,
$134,248.43.
W. D. BISHOP, President Bridgeport, Ct.
116
BAILROAD MANUAL OF THE UNITED STATES.
NEW CANAAN EAILEOAD.
Line of Road.— Stamford, Ct., to New Canaan, Ct 8.30 miles.
Sidings, etc., 0.47 mile. Gauge, 4 feet 8| inches. Rail, 50 Ibs.
This company was chartered May, 1866, and road opened July 4, 1868.
Rolling1 Stock. — Locomotive engines, 2. Cars — passenger, 1.
Operations for year ending September 30, 1877.— Trains run, 18,288 miles.
Passengers carried, 36,089 ; carried one mile, 243,245. Freight moved, 4,197 tons ;
moved one mile, 32,786 tons.
Earnings. Expenditures.
Prom Passengers $9,07291
" Freight, etc 6,390 74
$15,463 65
For Maintenance of Way . $3,549 16
" Transportation, etc 9,99019
$13,539 35
Balance — net earnings, $1,924,33. Payments — interest, $2,905.
Financial Statement, September 30, 1877.— Capital stock authorized, $200,000 ;
paid in, $164,050; funded debt, $75,000; floating debt, $20,860.61— total stock, bonds,
and debt, $259,910.61. Per contra: Cost of road and equipment, $257,443.93; mis-
cellaneous accounts, $2,466.68. The funded debt consists of 1st mortgage bonds, due
1878, and there is $8,000 overdue interest.
Directors (elected October, 1877).— S. Y. St. John, Stephen Hoyt, Andrew K.
Comstock, A. S. Comstock, and W. G. Webb, New Canaan, Ct. ; Joseph B. Hoyt,
C. G. Child, and J. D. Warren, Stamford, Ct. ; Willard Parker, New York.
S. Y. ST. JOHN, President New Canaan, Ct.
Superintendent William St. John. I Secretary Noah W. Hoyt.
Treasurer— G. F. Lockwood New Canaan, Ct.
PRINCIPAL OFFICE AND ADDRESS New Canaan, Ct.
NEW HAYEN AND DEEBY EAILEOAD.
Line of Road. — New Haven, Ct., to Ansonia, Ct 13 miles.
Sidings, 1.64 mile. Gauge, 4 feet 8| inches. Rail, 48 to 60 Ibs. Steel rails, 0.25 miles.
This company was chartered in 1864, and the road was opened August 9, 1871.
Rolling1 Stock. — Locomotive engines, 3. Cars — passenger, 4 ; baggage, mail, and
express, 2 ; and freight — box, 8 ; platform and other, 20 — total revenue cars, 34.
Operations for year ending September 30, 1877. — Trains run — passenger, 40,950 ;
and other, 1,972 — total, 42,922 miles. Passengers carried, 110,928; carried one mile,
1,037,480. Freight moved, 45,019 tons ; moved one mile, 510,215 tons.
Earnings.
From Passengers $45,808 49
" Freight 48,812 10
Miscellaneous 5,056 72
Expenditures.
For Maintenance of Way $11,551 22
" Rolling Stock 3,75541
" Transportation, etc 35,894 47
$97,676 22 $51,201 10
Balance — net earnings, $46,475.12. Payments from net earnings — taxes, $4,698.-
47; interest, $27,486.02. Miscellaneous, $9',853.05. Balance, surplus, $4,437.58.
RAILROAD MANUAL OF THE UNITED STATES.
Abstract of operations, rolling stock, etc., for six years :
117
Years.
Miles.
En-
gines.
Cars.
Passen-
gers.
Freight
Tou s.
Gross
Earn-
ings.
Earn-
ings.
Capital
Stock.
Funded
Debt.
Cost of
Construction.
1871-72.
13
4
33
125,957
11,116
$66,415
$9,375
$455,700
$525,000
$1,130,700
1872-73.
13
4
33
150,270
24,269
83,820
25,977
455,700
525,000
1,132,460
1873-74.
13
4
33 1 139,366
24,617
80,265
24,a32
455,700
525,000
1,149,601
1874-75.
13
4
34 129,865
30,918
84,837
27,636
455,700
600,000
1,086,231
1875-76.
13
4
34
117,346
39,045
89,437
31,490
455,700
600,000
1,094,324
1876-77.
13
3
34
110,928
45,019
97,676
46,475
452,000
525,000
1,078,024
General Balance, September 30, 1877.
Conetraction $1,078,023 71
Sundry Accounts 9,442 11
Cash, etc 7,129 99
$1,094,595 81
Statement of funded debt in detail :
Capital Stock
Funded Debt
Sundry Accounts.
.$452,000 00
. 525,000 00
. 117,595 81
$1,094,595 81
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal,
When Due.
Amount
Authorized.
Amount
Outstanding.
1st Mortgage
May 1, 1868
7
May & Nov
May 1, 1888
$300,000
$300 000
2d " guaranteed by City
of New Haven
Feb. 1, 1870
7
Feb & Aug
Aug 1 1890
225 000
225 000
Directors (elected November 21, 1877).— M. F. Tyler, Henry S. Dawson, F. Don-
nelly, Charles L. English, N. D. Sperry, J. A. Sperry, Isaac Anderson, New Haven,
Ct. ; F. Farrell, Thomas Wallace, G. P. Cowles, and J. H. Bartholomew, Ansonia, Ct. ;
Edward N. Shelton, George W. Shelton, Birmingham, Ct. ; Charles Atwater, New
Haven, Ct.
CITY DIRECTORS.— W. R. Shelton, Mayor, and C. R. Shelton, Alderman.
J. H. BARTHOLOMEW, President New Haven, Ct.
Isaac Anderson, Vice- President " "
Treasurer Charles Atwater. | Secretary and Ticket Agent F.E.Harrison.
Superintendent E. S. Qumtard.
PRINCIPAL OFFICE AND ADDRESS New Haven, Ct.
NEW HAVEN AND NORTHAMPTON EAILEOAD.
Line of Road.— New Haven, Ct., to Williamsburg, Mass 83.88 miles.
Branches and leased lines, named below , 25.45 "
Total length of lines owned, leased, and operated 109.33 miles.
Sidings, etc., 25.76. m. Gauge, 4 ft. 8 J in. Rail, 56 to 60 Ibs. Steel rails, 52 miles.
Chartered as the Farmington Canal Co., in 1846 ; but, in 1848, under its present
118
EAILEOAD MANUAL OF THE UNITED STATES.
title. The road was opened from New Haven to Granby in 1850 ; to Northampton
in 1857, and to its present terminus in February, 1868. It was leased January 11,
1848, to the New York and New Haven R. R. Co., and operated by that company
until June 30, 1869. The portion of the road in Massachusetts was built under a
separate charter, and leased from July 1, 1856, to the N. H. and N. R. R. Co., in
perpetuity, becoming practically merged in that company, and has since been treated
as a part of it.
LEASED LINE :
Holyoke and Westfield R. R.. 10. i
m.
BRANCHES :
Farmington, Ct., to New Hart-
ford, Ct 14.09m.
Simsbury, Ct., to Tariff ville, Ct. 1.04 " Total 25.45 m.
Rolling Stock. — Locomotive engines, 20. Cars — passenger, 18 ; baggage, mail,
and express, 8 ; and freight (box, 105 ; platform, 302 ; other, 7), 414. — total revenue
cars, 440. Also, 42 service cars and 1 snow plow.
Operations for year ending September 30, 1877. — Trains run — passenger, 209,-
572 ; freight, 156,855 ; and other, 14, 375— total, 380,802 miles. Passengers carried,
275,601 ; carried one mile, 4,516,618. Freight moved, 267,424; moved one mile, 11,-
719,984 tons.
Earnings.
From Passengers $126,912 26
" Freight 392,406 96
" Mail and Express 25,13253
Miscellaneous 19,915 14
Expenditures.
For Maintenance of Way $ 116,301 80
" RollingStock 35,92818
" Transportation 153,494 27
Miscellaneous 27,397 98
$564,366 89 $333,122 23
Balance — net earnings, $231,244.66. Payments : State and other taxes, $19,797.-
66; interest on bonds (including $14,000 H. & W. R. R.), $157,780; interest on
floating debt, $17,139.49 ; rents, $1,306.02. Balance— surplus, $35,321.49.
The last dividend was declared October 6, 1873.
During the year, the company received $8,438.18, from taxes refunded, and
$2,000 from sale of bonds ; and bills payable were paid, amounting to $39,000.
Abstract of operations for seven years :
Fiscal Years.
Miles
R. R.
Train
Mileage.
No.
Passen-
gers.
Tons
of
Freight.
Gross
Earn-
ings.
Working
Ex-
penses.
Net
Earn-
ings.
Interest
Paid.
Divi-
dends.
p. c.
1870-71
99.22
109.29
109.33
109.33
109.33
109.33
109.33
340,268
519,048
449,429
399,400
371,561
384,279
380,802
355,923
345,629
390,220
372,928
333,163
306,308
275,601
199,582
280,436
298,888
277,874
257,322
262,871
267,474
$546,209
657,238
660,057
649,645
595,164
570,397
564,367
$395,694
406,682
442,551
428,599
372,641
389,816
333,122
$150,515
250,556
217,506
221,046
222,524
180,582
231,245
$104,335
141,806
151,013
150,574
171,426
176,408
174,920
1871-72
$63,000
63,000
73,800
3
3
3
1872-73
1873-74
1874-75
1875-76
1876-77
General Balance, September 30, 1877.
Construction and Equipment $4,827,748 83
Materials 39,904 75
H. and W. R. R. Stock 20,000 00
Cash and Balances 28,42786
$4,916,081 44
Capital Stock $2,460,000 00
Funded Debt 2,181,000 00
Bills Payable 197,70000
Sundry Accounts 77,381 44
$4,916,081 44
RAILROAD MANUAL OF THE UNITED STATES.
Abstract of general balance for seven years :
119
Fiscal Years.
Stock.
Funded
Debt.
Income
Account.
Other
Accounts.
Construc-
tion and
Equipment.
Ma-
terials.
Miscel's
Acc'ts.
Cash&
Cash
Items.
1870-71..
$2,100,000
$1,600,000
$61,537
$239,868
$3,565,190
$412,792
$23,423
1871-72
2,100,000
1,750,000
212,537
230,255
4,137,645
$40 867
86734
27847
1872-73
2,459,850
1,900,000
69,004
286 024
4 452 799
76 319
133 627
52 134
1873-74
2,460,000
1,900,000
402,505
4,614,142
65,791
62571
1874-75
2,460,000
2,162,000
186,084
4,700,806
57,864
49414
1875-76
2,460,000
2,179,000
29,399
236 700
4 805 249
43,943
20000
35 908
1876-77
2,460,000
2,181,000
77.381
197,700
4,827,749
39,905
20,000
28 428
The funded debt consists of $1,296,000 7 per cent. 1st mortgage bonds, due 1899 ;
$400,000 6 per cent, convertible bonds, due 1880, and $485,000 6 per cent, convertible
bonds, due 1882.
Directors (elected January 2, 1878). — George J. Brush, H. M. Welch, M. G.
Elliot, Daniel Trowbridge, and A. L. Kidston, New Haven, Ct. ; H. G. Knight, East
Hampton, Mass. ; William Walter Phelps and George St. John Sheffield, New York
City ; and Charles N. Yeamans, New Haven, Ct.
CHARLES N. YEAMANS, President, Supt. & PurcJi. Agt.'Nevr Haven, Ct.
G. St. John Sheffield, Vice-President New York City.
Treas.,Sec., Gen. Tkt. Agt.— E. A.Eay.NewHaven.
Master Mechanic— Henry Fox
Road Matter— Erastus Collins Westfield.
Gen. Freight Agent— M. C. Parker New Haven.
PRINCIPAL OFFICE AND ADDRESS. . .No. 269 Chapel Street, New Haven, Ct.
HOLYOKE AND WESTFIELD EAILKOAD.
Chartered in 1870, and road opened in October, 1871. It extends from Holyoke
to Westfield, Mass., 10.32 miles, with 0.758 mile sidings. Leased to N. H. and N.
R. R. Co. in perpetuity, at an annual rental of $14,000, and one-half of any excess of
annual earnings of the road over $28,000.
Rolling Stock. — Furnished by lessees.
Operations for year ending September 30, 1877. — Included in lessees' returns.
The gross earnings were $15,306.06 ; interest paid, $14,036.35.
Financial Statement, September 30, 1877.— Stock and bonds, $460,000 ; sundry
accounts, $3,376.05— total, $463,376.05. Construction account, $462,268.89.
The funded debt consists of $200,000 1st mortgage 7 per cent, bonds (guaranteed),
due April 1, 1891.
JOSEPH C. PARSONS, President Holyoke, Mass.
NEW LONDON NOETHEEN EAILEOAD.
Line of Road.— ^New London, Ct., to Miller's Falls, Mass 100 miles.
Sidings, etc. , 15.52 miles. Gauge, 4 feet 8i inches. Rails, 56 Ibs. Steel rails, 1 8 miles.
Chartered May, 1847, as New London, Willimantic and Springfield R. R. Co. ;
lame changed May, 1848, to N. L., W. and Palmer R. R. Co., under which title the
120
RAILROAD MANUAL OF THE UNITED STATES.
road was opened to Willimantic in September, 1849, and to Palmer, 66 miles, in
September, 1850, connecting with Amlierst, Belchertown, and Palmer R. R., chartered
in 1850, and opened to Amlierst, 20 miles, May 9, 1853. The latter company, after
default of interest, was sold under foreclosure, and reorganized November 23, 1858.
The N. L., W. and P. R. R. Co. also defaulted, and, in 1859, was sold and reorganized
under present title, and in March, 1864, purchased the A., B. and P. R. R., and ex-
tended it to present terminus in 1867. It was leased to the trustees of the Vermont
Central R. R. December 1, 1871, for 20 years, at an annual rental of $150,000. From
Miller's Falls to Brattleboro, Vt., 21.31 miles, connection is made with the lessees'
road over the V. and M. R. R., leased by same trustees.
Boiling Stock. — Locomotive engines, 22. Cars — passenger, 19 ; baggage, mail,
and express, 9; and freight — box, 113; platform, 133; stock, coal, and other, 20 —
total revenue cars, 290. Also, 2 snow plows.
Operations for year ending September 30, 1877. — Trains run — passenger, 211,-
035 ; freight, 226,473 ; and other, 17,106 — total, 454,614 miles. Passengers carried,
301,416 ; carried one mile, 5,941,778. Freight moved, 290,712 tons ; moved one mile,
12,169,737 tons.
Earnings.
From Passengers $187,465 47
" Freight 302,590 95
" Mail and Express 17,83302
Miscellaneous ... 23,517 85
Expenditures.
For Maintenance of Way 1 110,858 41
" Rolling Stock 39,19417
" Transportation 181,99447
Miscellaneous.., 38.70726
$531,407 29 $370,754 31
Balance — net earnings, $160,652.98. Included in operating expenses are $20,-
682.08 taxes. The income account with lessees was as follows : Received as rent,
etc., $178,517.85. Expenses, $7,182.95. Net income, $171,334.90. Dividends,
(7 per cent.), $105,000 ; interest, $45,353.50. Surplus for year, $20,981.40. Total
surplus, $50,055.95.
Abstract of operations and general account for ten years :
00
a
oj
Vpflr
S-^
OJ
a
Oorc
Train
Passen-
§"§>
Gross
tsJ
a
v
Capital
Funded Cost of
X L tit.
~ 03
I*
^arb.
Miles.
gers.
£'§
Earnings.
^1
12
Stock.
Debt.
Railroad.
W
H
s
1867-68
111
15
329
309,564
322,297
144.573
$395,823
$116,295 $79,600
$995,000
$660,000
$1,486,023
1868-69
111 15
330
321,783
360,483 180,585 419,620
80,210 40,140
1,003,500
651,500 1,486,023
1869-70
111
15
332
284,429
400,267 ; 198,859 450,920
78,492 40,140 1,003,500
651,500 l,485,2->3
1870-71
111
15 338
370,953
437,263 i 222.390 505,336
138,898;
1,008,800
699,000 1,530,331
1871-72
111
20 352
399,977
342,422199,706 640,183
172,764 142,880
971,400
699,000 1.530,331
1872-73
111
21 308
523,988
324,472 206,008 603,250
127,374 135,000
1,428,800
390,000 1,774,302
1873-74
11221
306
406,069
280,252 191,941
500,211
122,654 120,000 1,500,000
456,500 2.097,170
1874-75
11422 295
405,281
286,971
176,619 504,726
127,983 120,000 1,500,000
607,500
2,172,770
1875-76
11422
293
490,546
355,070
261,404 ! 508,902
160,621 120,000 1,500,000
682,000 2,331115
1876-77
116
22
290
454,614
301,416
296,712
531,407
160,653
105,000
1,500,000
687,500
2,264,800
General Balance, September 30, 1877.
Construction Account $2,032,898 14 Capital Stock $1.500,000 00
Equipment 231,90211 Funded Debt 687,50000
Sundry Accounts
Cash and Cash Assets .
65,000 00
71,685 97
Bills Payable 163,930 20
Profit and Loss, etc : 50,055,95
$2,401,486 22 $2,401,486 22
The funded debt consists of $800,000 1st mortgage 6 per cent, bonds, due 1885 ;
and $387,500 2d mortgage 7 per cent, bonds, due 1892.
RAILROAD MANUAL OF THE UNITED STATES.
121
Directors (elected February 6, 1878). — J. N. Harris, William W. Billings,
William H. Barns, Benjamin Stark, Augustus Brandegee, Robert Coit, New London,
Ct. ; Wm. H. Hill, Boston, Mass. ; William Allen Butler, Frederic Taylor, New
York ; Charles Osgood, Norwich, Ct. ; Thomas Ramsdell, Windham, Ct.
CHARLES OSGOOD, President Norwich, Ct.
Treas. and Sec.— Robert Coit New London, Ct.
Road Master— 3. W. Shanks "
Asst. Supt.—G. F. Spaulding " "
Sup. & Pur. Agt — G. W. Bentley..New London, Ct.
Master Machinery — I. W. Dow. . . "
Tkt. & Frt. Agt.—C.F. Spaulding " "
PRINCIPAL OFFICE AND ADDRESS New London, Ct.
NEW YOKK, NEW HAVEN AND HAKTFOKD EAILKOAD.
Line of Road. — Williamsbridge, N. Y., to Springfield, Mass 123.0 miles.
Branches, named below 18.5 "
Leased lines, named below 61 .8 "
Total length of lines owned, leased, and operated 203.3 miles.
Second track, 134.8 miles. Sidings, 53.18 miles. Steel rails, 232.16 miles. Rail, 57
to 65 Ibs.
This company was formed by the consolidation of the New York and New Haven
and the Hartford and New Haven R. R. Co.'s, July 24, 1872. The New York and
New Haven R. R. Co. was chartered June 20, 1844, and the road opened Dec. 27, 1848,
and, by contract, March 17, 1848, runs its cars over the line of the New York and
Harlem R. R., from Williamsbridge to New York City, 11 miles. The Hartford
and New Haven R. R. Co. was chartered in Connecticut in May, 1833, with authority
to build a line between those two points, 36.25 miles, and the road was opened in
1839. The extension to Springfield was chartered in Massachusetts April 5, 1839, and
the road completed in December, 1844.
The branches are as follows :
Berlin, Ct., to Middletown, Ct.10.0 miles.
Berlin, Ct., to New Britain, " . 3.0 "
Leased :
Windsor Locks,Ct., to Suffield,Ct.4.5 miles.
Hartford, Ct., to Conn. River. . ..1.0 "
Harlem River and Portchester R.R., Harlem R. to New Rochelle.11.8 miles.
Shore Line Railroad, New Haven, Ct., to New London, Ct. . . .50.0 "
Rolling1 Stock. — Locomotive engines, 93. Cars — passenger, 197 ; baggage, mail,
and express, 60 ; and freight (box, 451 ; platform, 679), 1,130 — total revenue cars,
1,387. Also, 185 gravel cars.
The following is a statement of the equipment for ten years, Sept. 30 :
1868.
1869.
1870.
1871.
1872.*
1873.*
1874.*
1875.*
1876.*
1877.*
Locomotive Engines
65
68
67
70
84
88
89
92
92
93
Cars (all kinds)
1,071
1,101
1,171
1,188
1,431
1,554
1,539
1,559
1,573
1,572
* Consolidated N. Y., N. H. & H. R. R.
Operations for year ending Sept. 30, 1877. — Trains run — passenger, 1,401,741 ;
freight, 685,600; and other, 25,989 — total, 2,113,330 miles. Passengers carried,
3,564,366 ; carried one mile, 111,641,817. Freight moved, 886,476 tons ; moved one
mile, 39,646,733 tons.
122
RAILROAD MANUAL OF THE UNITED STATES.
Earnings.
From Passengers $2,399,262 93
" Freight 1,826,707 34
" Mail and Express 212,435 45
Miscellaneous 15,654 65
Expenditures.
For Maintenance of Way $326,872 30
" Kolling Stock 254,59808
" Transportation 1,320,621 89
Miscellaneous 103,249 03
$3,954,060 37 $2,005,341 30
Balance— net earnings, $1,948,719.07. Payments from net earnings— taxes,
1217,036.04 ; coupon interest (H. R. & P. C. R. R.), $130,000. Dividends (10 per cent.),
$1,550,000. Total, $1,897,036.04. Balance, surplus, $51,683.03.
The total receipts of the road amounted to $4,189,826.25, of which $235,765.88
was paid for using the Harlem R. R. from Williamsbridge to New York.
Income Account for Tear ending October 1, 1877.
Receipts.
Balance from previous year $1,524,854 89
Materials 381,165 47
43,374 17
3,600 00
Shore Line Division .
Insurance.
Transportation Earnings 3,954,060 37
$5,907,054 90
Operations, traffic, and revenue yearly for seven years :
Payments.
Transportation Expenses $2,005,341 30
Interest and Taxes 347,036 04
Dividends 1,550,000 00
Shore Line Balance 50,130 56
Materials, Real Estate, etc 483,465 99
Balance— Cash Assets, etc 1,471,081 01
$5,5)07,054 90
Specifications.
1870-71.*
1871-72.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
Railroad operated
Passenger Trains run.
Freight " "
Passengers carried
Pas'ng'rs carr'd 1 mile
Miles.
74
1 824,968 |
No.
2,551,656
Miles.
141
983,147
481,763
No.
3,925,765
124,919 238
Miles.
141
1,143,978
481,100
No.
3,892,672
122 604 308
Miles.
153
1,277.243
487,500
No.
3,926,019
123 895 231
Miles.
153
1,302,860
553,884
No.
4,034,239
123 003 659
Miles.
153
1,386,998
646,244
No.
3,912,966
123,866 661
Miles.
153
1,401,741
685,600
No.
3,564,366
111,641,817
Freight moved
Tons.
892 579
Tons.
895 985
Tons.
815 379
Tons.
827832
Tons.
836 019
Tons.
886476
Freight moved 1 mile
38,662,529
38,892,498
36,092,340
34,936,946
37,224,658
39,646,733
Earnings — Passengers
Freight....
' Express & Mail
" Miscellaneous .
$
1,750,641
438.347
107,623
17,339
$
2,803,145
1,445,952
185,640
48,817
$
2,899,163
1,468,579
182,141
151,353
$
2,877,381
1,331,527
181,118
12,049
8
2,865,174
1,431,498
243,442
59,410
$
2,756,305
1,317.646
229;389
11,342
$
2,399,263
1,326,707
212,435
15,655
Total Traffic Earnings
For Way & Structures
For Rolling Stock
For Transportation.
For Taxes, St'e&loc'l
General
2,313,950
405,247
195,322
591,640
159,995
58,399
4,483,554
604,256
463,035
1,210,368
229,717
107,624
4,701,236
703,134
458,224
1,371,446
213,248
108,212
4,402,075
354,683
504,536
1,444,324
198,683
102,487
4,599,524
449,314
513,275
1,426,196
223,643
114,970
4,314,682
344,739
466,241
1,414,099
230,783
118,199
3,954,060
326,872
254,598
1,320,622
217,036
103,249
Total Operating exps.
1,410,603
2,615,000
2,854,264
2,604,713
2,727,398
2,574,061
2,222,377
Net Traffic Earnings .
903,347
1,868,554
1.846,972
1,797,362
1,872,126
1,740,621
1,731,683
Disbursed as follows :
Rentals of lease lines .
100,000
100,000
100,000
100,000
100,000
Int'r'st& s'kingfunds
Dividends
77,437
675,000
98,745
1,350,000
83,169
1,550,000
119,105
1,550,000
172,195
1,550,000
130,000
1,550000
130,000
1,550,000
Total Disbursements.
Credit Balance
752,437
150,910
1,536,537
332,017
1,733,169
113,803
1,769,105
28,257
1,822,195
49,931
1,780,000
1,780,000
* New York and New Haven R. R. Co. only.
The items of Cash assets are as follows :
Due from Agents $110,710 75
" Connecting R. R.'s 50,23743
" H. P. and F. R. R. Tunnel. . . 16,503 45
Harlem R. &P. C. R.R 521,643 21
Loans and Bills Receivable $364,874 03
Cash,etc 404,66194
Total $1,468,630 81
RAILROAD MANUAL OF THE UNITED STATES.
123
There were no additions to capital expenditure account during the year. The
contingent account at close of year stood as follows : Balance on hand, October 1, 1876,
$165,661.30 ; insurance premium, $3,600— total, October 1, 1877, $169,261.30.
Abstract of income account for five years :
Kesources.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
Balance from Previous Year
1
3,228 675
S
3,023,516
$
2,112,452
$
1,240,419
$
1,524,855
Materials, etc
765,313
764,504
820,108
615,856
424,540
Earnings from R. R
4,701,236
4,402,075
4,599.523
4,314,682
3,954,060
Bills Payable
545084
43,000
Bond and Mortgage
65,000
44,500
Real Estate, Stock, etc., sold
234590
1,800
189,559
99,418
Contingent Account
138,026
3,600
3,600
8,600
Sundry Accounts
29218
27,787
18,927
Payments :
Transportation Expenses
9,707,141
2,641,016
8,279,395
2.406,030
7,753,029
2,503,755
6,292,902
2,343,278
5,907,055
2,005.341
Interest and Taxes
296,416
317,788
395,838
360,783
347,036
Bonds Purchased ...
617,000
500
1,060,000
Dividends
1,550,000
1,550,000
1,550,000
1,550,000
1,550,000
Rolling Stock
227,239
Bond and Mortgage, etc
149,500
Materials, etc
764,304
820,108
615,856
424,540
483,466
Improvements, Real Estate, etc
507,788
867,940
199,864
38,947
Debit Balance, etc
79,662
204,577
37,797
50,499
52,581
Cash and Assets
3,023,516
2,112,452
1,240,419
1,524,855
1,468,631
9,707,141
8,279,395
7,753,029
6,292,902
5,907,055
General Balance, September 30, 1877.
Construction Account $12,889,584 40
Equipment 2,114,501 42
482,465 99
688,962 98
198,811 25
Materials
Real Estate, Docks and Wharves
Debit Balance, Shore Line Div
Cash and Assets. . .
Capital Stock $15,500,000 00
Bills Payable 3,000 00
Interest Unpaid (H. R. & P. C. R. R.) 735 00
Sundry Accounts 226,074 15
Contingent Account 169,261 30
$17,843,956 85
Abstract of general balances for eight years :
1,468,63081 ProfltandLoss 1,944,88640
$17,843,956 85
1869-70.
1870-71.
1871-T2.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
Capital Stock
Bonds
$
11,546,925
1,815,500
$
12,500,000
1,816,400
$
15,500,000
1,641,500
$
15,500,000
1,126500
$
15,500,000
1,061 000
$
15,500,000
$
15,500,000
$
15,500,000
Acc'ts Payable, )
Coup's & Div'ds f
Bond & Mortgage.
549,370
32,215
196,625
33,040
278,221
73,330
940,069
11,414
353,320
7,235
109,500
271,993
10,765
227,675
4,585
229,074
735
Shore Line Bal
25780
Surplus
820,571
675,141
Contingent Acc't.
138,186
107,432
170,191
165,661
169,262
ProfltandLoss....
886,104
1,274,924
1,377,592
1,554,395
1,682,652
1,832,582
1,893,203
1,944,886
Total
15,649 186
16 496 160
18 896433
19 270 564
18 821 139
17,785,532
17,791,124
17,843,957
Railroad
9 800 593
10 709 263
12 161 233
12 577 627
12 769 841
12 889 584
12,889,584
12,889,584
Perma't Improv's.
1,169,440
1,211^706
Equipment
1,700,000
1,700000
1 840 972
2 075 712
2 073 911
2,073,911
2,114,501
2,114,501
R'l Estate & Lea's
Mat'ls. etc., on h'd
Frauds & Defalc's
239,182
587,497
88,292
239,172
492,351
88,292
700,241
765,312
549,545
764,504
649,432
820,108
729,553
615,856
688,963
424,540
688,963
482,466
Miscellaneous
Cash & Cash Items
1,217,049
847,126
579,696
1,475,680
401,914
3,026,761
279,661
3,023,516
395,395
2,112,451
236,208
1,240,418
148,681
1,524,855
198,812
1,468,631
Total
15,649 186
16 496 160
18 896 433
19 270 565
18 821 139
17,785,352
17,791,124
17,843,957
124 RAILROAD MANUAL OF THE UNITED STATES.
Summary of leased lines, September 30, 1877 :
Miles.
Rental.
Capital
Stock.
Funded
Debt.
Floating
Debt.
Cost of
Construction.
Shore Line R R
50.0
$100,000
$1,000,000
$200,000
$1,200.000 00
Harlem River and Portchester R. R. .
11.8
130,000
2,000,000
$521,643 21
2,521,643 21
61.8
$230,000
$1,000,000
2,200,000
$521,643 21
$3,721,643 21
Directors (elected January 9, 1878). — William D. Bishop, Bridgeport, Ct. ; George
N. Miller, Abraham Van Nest, and Wilson G. Hunt, New York City ; Ezekiel H.
Trowbridge, E. M. Reed, and G. H. Watrous, New Haven, Ct. ; Chester W. Chapin,
Springfield, Mass. : Henry C. Robinson and C. M. Pond, Hartford, Ct. ; Nathaniel
Wheeler, Bridgeport, Ct. ; W. H. Vanderbilt and Augustus Schell, New York City.
WILLIAM D. BISHOP, President Bridgeport, Ct.
E. M. Reed, Vice-Pres't and Superintendent " "
Treasurer — Wm. A. Burroughs . . . New York City.
Chief Clerk— E. C. Robinson New York.
Asst. Supt.—3. T. Moody New Haven, Ct.
" " C.S.Davidson Hartford,
W. H. Stevenson.... New Haven,
Chief Engineer— W . O. Seymour. . "
Road Master— Isaac Pressey Stamford,
" P. H. Miller Hartford,
Transfer Clerk— A. S. May
Supt. of Bridges— John E. Fuller... Bridgeport, Ct.
Mast. Machinery — H. Kettendorf ...New^Haven, "
S. E. Brewer Hartford, "
Mast. Pass.^Car Hepairs—J. Denver, New Haven, "
" Fat. " L. Packard, Hartford, "
Gen. Tkt. Agt.—C. T. Hempstead, New York City.
Gen. Fgt. Agent— Chas. Rockwell. .New Haven, Ct.
Purchasing Agt.—R. N. Dowd "
New York City.
PRINCIPAL OFFICE AND ADDRESS, 43d Street and 4th Ave., New York City.
HAELEM EIYEE AND POKTCHESTEK EAILEOAD.
Chartered April 23, 1866, and road opened from Harlem River to New Rochelle,
11.8 miles, November 24, 1873. It was intended as a rival line from New York to
New Haven. Falling into financial difficulty, it fell into the hands of the N. Y., N.
H. & H. R. R. Co., by whom it was completed, and a perpetual lease taken at an an-
nual rental of $130,000. The company issued $2,000,000 7 per cent, bonds, dated
October 1, 1873, and payable in 30 years, and the advances by the N. Y., N. H. & H.
R. R. Co. amount to $521,643.21. No separate report of operations is made, as the
road is treated in all respects as a part of the main line.
WILSON G. HUNT, President , . .New York.
SHOEE LINE EAILEOAD.
Chartered in 1848, as New Haven and New London R. R., and road opened from
New Haven to New London, 50 miles, July 22, 1852. It was taken possession of by
EAILEOAD MANUAL OF THE UNITED STATES.
125
the trustees for the bondholders, December 14, 1862, sold, and reorganized under the
present title, June 29, 1864. It was leased November 1, 1870, at an annual rent of
$100,000, by the New York and New Haven R. R. Co., by whom it has since been
operated.
Operations for year ending September 30, 1877. — Trains run, 287,455 miles.
Passengers carried, 341,687. Freight moved, 45,034 tons. Earnings — from passengers,
$251,735.18 ; freight, $65,742.40 ; mail and express, $24,897.01— total, $342,374.59.
Operating expenses, $203,998.84. Steel rails, $88,506.31; rental, $100,000— total,
$392,505.15. Balance, deficit, $50,130.56.
Abstract of earnings and expenses since lease :
Year.
Earnings.
Expenses.
Net Gain.1 Deficit.
!
Year.
Earnings.
Expenses.
Net Gain.
Deficit.
1870-71
1871-72
1872-73
1873-74
I
320,772 29
387,346 97
413,081 13
392,143 58
$
269,320 66
413,018 20
518,522 83
397,877 07
$ 1 $
51,451 63
1874-75
1875-76
1876-77
I
409,971 84
379,571 05
342,374 59
$
382,185 23
360,643 56
392,505 15
$
27,786 61
18,927 49
<j>
25,671 23
105,441 70
50,130 56
5,733 49
1 II
Financial Statement.— Capital stock, $1,000,000 ; funded debt, $200,000— total,
representing cost of road, $1,200,000.
S. B. CHITTENDEN, President New York.
NOEWICH AND WOKCESTEK KAILEOAD.
Line of Road.— Norwich, Ct., to Worcester, Mass 59.4 miles.
Branch : Allyn's Point Extension 7.0 "
Total length of line owned and operated 66.4 miles.
Sidings, etc., 13.9 m. Gauge, 4 ft. 8| in. Rail, 56 and 60 Ibs. Steel rails, 6.8 miles.
Company formed by consolidation, in 183r, of Boston, Norwich, and New London
R. R. Co., chartered in Connecticut, May, 1832, and Worcester and Norwich R. R. Co.,
chartered in Massachusetts, March 15, 1833. Road opened March, 1840, and Allyn's
Point Extension built in 1854. In 1869,leasedto the Boston Hartford, and Erie R. R.
Co. for 100 years, at an annual rental of 10 per cent, on capital stock. Since the re-
organization of the B., H. and E. R. R. the directors decline to recognize the lease,
and the road is operated under a temporary agreement. All its accounts are separ-
ately kept.
Rolling Stock. — Locomotive engines, 21. Cars — passenger, 15; baggage, mail,
and express, 7 ; and freight (box, 256 ; platform, 178 ; coal and other, 139), 573 — total
revenue cars, 595. Also, 1 snow plow.
Operations for year ending September 30,1877. — Trains run — passenger, 175,052 ;
freight, 238,192 ; and other, 11,995— total, 425 ,239 miles. Passengers carried, 347,91 6;
carried one mile, 6,789,596. Freight moved, 421,439 ; moved one mile, 16,428,092 tons.
Earnings. i Expenditures.
From Passengers $213,166 37 For Maintenance of Way $116,1 14 16
Freight 479,619 34
" Mail and Express 23,84960
Miscellaneous 101,135 91
$817,771 22
' Kolling Stock 67,573 56
" Transportation 199,917 68
Miscellaneous 55,822 43
$439,427 83
126
KAILKOAD MANUAL OF THE UNITED STATES.
Balance — net earnings, $378,343.39. Included in operating expenses are taxes,
$34,741.80 ; and rents, $37,899.98.
Payments from net income — dividends (10 per cent.), $259,780 ; interest,
$49,448.71— total payments, $361, 802.81 ; surplus for the year, $69,114.68 ; total sur-
plus at end of year of $861,871.47.
Abstract of operations for ten years :
Fiscal Years.
Train
Mileage.
Passen-
gers.
Mileage.
Freight.
Mileage.
Gross
Earnings.
Net
Earnings.
Divi-
dends.
1867-68
391,464
341,015
7,060.924
217,942
10,246,170
$684,877 65
$221,975 45
$148,261
1868-69
413,172
355,116
7,312,851
235,567
11,065,863
741,606 71
171,956 95
198,764
1869-70
419,950
365,171
7,087,183
270,642
11,175,265
737,039 45
178,264 70
244,694
1870-71
402,895
371,654
6,964,663
304,710
11,798,918
749,117 17
261,746 54
237,780
1871 72 . . .
410,109
372,841
6,986,518
346,367
13,270,243
771,602 25
293,328 51
237.780
1872-73
403,993
377,588
6,881,856
329,624
12,866,929
853,947 46
281,100 94
239,780
1873-74
393,553
372,295
6,410,303
299,810
11,333,095
850,494 46
351,280 44
239,780
1874-75 . . .
371,284
376,240
6,478,275
268,044
9,480,923
729,440 21
294,997 93
259,780
1875-76
379,469
386,782
7,280,926
285,798
10,201.872
758,670 49
311,965 39
259,780
1876-77
425,239
347,916
6,789,596
421,439
16,428,092
817,771 22
378,343 39
259,780
General Balance, September 30, 1877.
Construction Account $3,362,896 60 Capital Stock $2,604,400 00
47,795 20 j Funded Debt 400,00000
Bills Payable, etc 3,492 72
Surplus 861,87147
$3,869,762 19 $3,869,762 19
Materials
Sundry Accounts 272,924 58
Cash and Cash Assets 186,145 81
The funded debt consists of $400,000 6 per cent, bonds, due in March, 1897.
Abstract of general account for ten years :
Close of
Years.
Miles
of
Track
Engines.
Cars.
Stock.
Bonds.
Debt.
Surplus.
Railroads and
Equipment.
Other
Property
and
Assets.
1867-68.
77.60
20
514
$2,363,600
$654,000
$93,060 89
$252,357 63
$2,613.694 21
$973,209 72
1868-69.
78.40
21
564
2,363,600
754,000
49,919 63
241,539 45
2,613,694 21
1,063,671 75
1869-70.
78.55
21
662
2,364,400
776,000
14,884 32
227,016 91
2,613,694 21
1,063,552 86
1870-71.
78.90
20
661
2,823,400
759,000
25,387 21
668,402 15
2,826,180 17
1,430,009 19
1871-72.
79.50
20
663
2,823,400
759,000
35,526 27
731,947 24
2,846,180 17
1,503,733 34
1872-73.
80.00
21
663
2,823,400
734,000
34,732 88
714,782 73
3,395,160 29
911,?'55 62
1873-74.
80.00
21
664
3,023,400
646,000
26,496 30
798,816 80
3,395,160 29
1,099,552 81
1874-75.
80.00
21
764
3,023,400
550,000
98,117 35
822,795 18
3,516,037 24
833,927 72
1875-76.
80.30
21
764
3,023,400
550,000
165,732 33
814,180 60
3,595,251 58
958,061 35
1876-77.
80.30
21
595
2,604,400
400,000
3,492 72
861,871 47
3,362,896 60
506,868 59
Directors (elected January 9, 1878). — A. F. Smith, John F. Slater, Norwich, Ct. ;
F. H. Dewey, George W. Gill, Charles W. Smith, and Edward L. Davis, Worcester,
Mass.; Robert Bayard, New York ; W. F. Weld, Boston, Mass.
ALBA F. SMITH, President Norwich, Ct.
Treasurer— George L. Perkins Norwich.
Secretary — Edward T. Clapp "
Gen. Superintendent— P. St. M. Andrews "
Road Master — Hiram Cook.
Master of Machinery — R. Colburn Norwich.
Master Car Repairs — J. W. Marden "
General Ticket Agent— E. T. Clapp "
General Freight Agent — Geo. A. Harris. . "
Purchasing Agent— P. St. M. Andrews Norwich.
PRINCIPAL OFFICE AND ADDRESS .' Norwich, Ct.
RAILROAD MANUAL OF THE . UNITED STATES.
127
RIDGEFIELD AND NEW YOEK RAILROAD. (In Progress.)
Line of Koad.— Portchester, N. Y., to Ridgefield, Ct 23.29 miles.
Sidings and other tracks, none. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
Chartered June 7, 1867, and work begun in April, 1870, but no part yet com-
pleted.
Financial Statement, September 30, 1877.— Capital stock authorized, $1,250,000 ;
paid in, $175,000. Per contra : Paid on construction to October 1, 1877, $175,000.
ELWOOD BURDSALL, President Portchester, N. Y.
William J. Mead, Vice-President Greenwich, Ct.
Treasurer— H. K. Scott Eidgefield, Ct. | Secretary, Ephraim Sours Portchester, N. Y.
PRINCIPAL OFFICE AND ADDRESS Portchester, N. Y.
SHEPAUG RAILROAD.
Line of Road.— Litchfield, Ct., to Hawleyville, Ct 32.28 miles.
Sidings and other tracks, 1.63 mile. Gauge, 4 feet 8£ inches. Rail, 50 Ibs.
Chartered as the Shepaug Valley R. R. Co. in May, 1868, and road opened De-
cember 1, 1872. In 1873 it was reorganized under its present title.
Rolling Stock. — Locomotive engines, 8. Cars — passenger, 2 ; baggage, mail, and
express, 2; and freight (box, 3; platform, 20), — total, 27; also 13 service cars.
Operations for year ending September 30, 1877. — Trains run, 51,310 miles. Pas-
sengers carried, 13,494 ; carried one mile, 287,500. Freight moved, 14,511 tons ;
moved one mile, 342,773 tons.
Earnings.
From Passengers $10,295 34
" Freight, etc 38,784 15
$49,079 49
Expenditures.
For Maintenance of Way $12,569 66
" Transportation 22,97125
$35,540 91
Balance — net earnings, $13,538.58. Payments — interest, $17,421.38.
Financial Statement, October 1, 1877. — Capital stock authorized, $700,000 ; sub-
scribed, $300,000; and paid in, $299,700; floating debt, $42,650.03— total stock and
debt, $342,350.03. Per contra : Cost of road and equipment to date, $268,523.78.
There are also outstanding $400,000 bonds of the Shepaug Valley R. R. Co., on
which past due interest amounts to $28,000.
H. W. BUEL, President Litchfield, Ct.
Treasurer— H. R. Coit Litchfield, Ct.
Secretary— Wm. Deming " "
Supt. and Gen. Agt.—C. H. Platt.... Litchfield, Ct.
Road Master— -De Witt C. Garrison. . " "
PRINCIPAL OFFICE AND ADDRESS Litchfield, Ct.
128
RAILROAD MANUAL OF THE UNITED STATES.
ST.ATE OF ISTEW YORK.
Area, 47,000 square miles. Population, 4,940,468. Assessed valuation, $2,755,690,818
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Track.
Length of Lines.
Total.
N. York.
1 . Adirondack
Ft. In.
4:8*
4:8*
6:
6:
3:
4:8*
4:8*
4:8*
4:8*
6:
4: 8*
4:8*
6:
4:8*
6:
4:8*
4:8^
4:8^
*:8*
4:8*
4:8*
4 :8*
4:8*
4:8*
4:8x
4:8*
4:8*
4:8*
4:8*
4:8*
4:9
6:
6 :
4:8^
4:8*
M.
60.00
142.20
422.83
17.56
9.04
36.60
12.00
249.63
5.66
25.97
43.20
3.75
4.25
0.14
139.95
120.55
66.50
30.00
38.00
34.61
29.25
17.80
20.91
15.86
4.25
16.00
64.00
90.60
46.70
6.52
76.70
525.69
12.25
53 17
10.00
M.
60.00
142.20
49.24
17.56
9.04
36.60
12.00
56.63
5.66
7.80
37.00
3.75
4.25
0.14
139.95
78.75
66 50
30.00
38.00
34.61
29.25
17.80
20.91
15.86
4.25
16.00
15.64
40.30
46.70
6.52
6.80
484.21
12.25
53.17
10.00
2. Albany and Susquehanna (Delaware & Hudson)
3 Atlantic and Great Western [Ohio
4. Avon, Geneseo, and Mt. Morris (Erie)
5. Bath and Hammondsport
6. Black River and Morristown (Utica and B. R).
7. Black River and St. Lawrence
8. Boston and Albany [Mass.
9. Brooklyn and Jamaica (Long1 Island)
10. Buffalo, Bradford, and Pittsburg (Erie)
3.1. Buffalo, Corry, and Pittsburg
12. Buffalo Creek
13. Buffalo and International Bridge (Erie)
14. Buffalo and Erie Basin
15. Buffalo, New York, and Erie (Erie)
16. Buffalo, New York, and Philadelphia
17. Buffalo and South Western
18. Carthage, Watert'n, & Sackett's Ear. (U. & B.R.)
19. Cayuga Southern (Lehigh Valley)
20. Cayuga and Susquehanna (D., L. and W.)
21. Cazenovia, Canastota, and De Ruyter
22. Chemung (Northern Central)
23. Cherry Valley, Sharon, and Albany (D. and H.)
24. Clayton and Theresa (Utica and Black River). .
25. Clove Branch
26. Cooperstown and Susquehanna Valley
27. Corning, Cowanesque, and Antrim.. ..[Penna.
28. Dunkirk, Allegheny Valley, and Pittsburg
29. Elmira, Jefferson, and Canandaigua (N. C.) ...
30. Elmira State Line (Tioga)
31. Elmira and Williamsport (N. Central). .[Penna.
32. Erie
33. Erie and Genesee Valley (Erie)
34. Flushing, North Shore, and Central (L. I.)
35. Fonda. Johnstown, and Gloversville..
RAILROAD MANUAL OF THE UNITED STATES.
129
STATE OF NEW YORK— Continued.
CORPORATE TITLES.
Gauge of
Track.
Length of Lines.
Total.
N. York.
36 Garnerville
Ft. In.
4:8*
4:8*
4:8;*
6:
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
6:
6:
4:8^
6:
6:
3:
4:8*
4: 8*
4:8*
4:8^
4:8*
3 :
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
6:
6:
4:8^
3:
4:8*
4:8*
4:8*
6:
4:8*
4:8*
4:8*
6 :
3:
M.
0.91
75.63
16.17
11.65
8.00
14.00
11.80
27.00
24.00
7.67
21.71
9.53
1,024.71
61.00
157.93
5.75
10.22
13.00
10.22
4.50
58.58
12.59
36.50
2.25
149.91
740.17
5.75
126.96
7.09
8.00
140.50
344.00
8.98
25.00
2.50
98.46
21.29
4.37
122.00
23.00
33.60
28.58
34.98
23.75
41.91
181.87
35.20
18.26
20.00
M. }
0.91
75.63
16.17
11.65
8.00
14.00
11.80
27.00
1.00
7.67
17.45
9.53
71.00
58.00
157.93
5.75
10.22
13.00
10.22
4.50
58.58
12.59
19.75
2.25
149.91
740.17
5.75
126.96
7.09
8.00
15.13
344.00
8.98
25.00
2.50
98.46
1.44
4.37
122.00
12.50
33.60
28.58
34.98
23.75
41.91
145.24
35.20
18.26
20.00
37 Geneva Ithaca and Sayre (Lehigh Valley)
38. Gloversville and Northville (Fonda, J. and G.).
39 Goshen and Deckertown (Erie)
40. Greene (Delaware, Lacka wanna, and Western).
42. Harlem R. & Portchester (N. Y., N. H., & H.),. .
43 Itliaca, Auburn, and Western
44 Jersey City and Albany (N. J. Midland)
45 Junction Buffalo (N Y C and H. R )
46. Lackawanna and Susquehanna (Del. & Hudson)
47. Lake Champlain and Moriah
48 Lake Shore and Michigan Southern [Ohio
49. Lebanon Springs (Harlem Extension)
50. Long Island
51. Middleburg and Schoharie
52. Middletown and Crawford
53. Middletown, Uiiiouville & Water-Gap (N. J. M.)
54. Montgomery and Erie (Erie)
55. Nan net and New City (N. J. and N. Y.)
56. Newburg, Dutchess, and Connecticut
57. Newburg and New York (Erie)
58. New Jersey and New York
59. New York, Bay Ridge, and Jamaica
60. New York and Canada (Delaware and Hudson)
61. New York Central and Hudson River
62. New York Elevated
63. New York and Harlem (N. Y. C. and H. R.).. . .
64. New York and Mahopac (N. Y. and Harlem).. .
65. New York and Manhattan Beach
66. New York, New Haven, and Hartford. .[Conn.
67. New York and Oswego Midland.
68. New York and Rockaway (Long Island)
69. New York, Westchester, and Putnam
70. New York, West Shore, and Chicago
71. Niagara Bridge & Canandaigua (N. Y.C. & H. R)
72. Northern, of New Jersey (Erie)
73. Nyack and Northern (Northern of N. J.)
74. Ogdensburg and Lake Champlain
75. Olean, Bradford, and Warren
76. Ontario Southern
77. Oswego and Rome (Rome, W. and O.)
78. Oswego and Syracuse (Del., Lacka. and W.). . .
79. Port Jervis and Monticello
80. Poughkeepsie, Hartford, and Boston
81. Rensselaer and Saratoga (Del. and Hudson). . . .
82. Rhinebeck and Connecticut
83. Rochester and Genesee Valley (Erie)
84. Rochester, Nunda, and Pittsburg
9
130
KAELKOAD MANUAL OF THE UNITED STATES.
STATE OF NEW YORK— Continued.
COKPORATE TITLES.
Gauge of
Track.
Length of Lines.
Total.
N. York.
Ft. In.
4:8^
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4 :8*
4: 8*
6:
4:8*
4:8*
6 :
4:8*
4 :8*
4:8*
4:8*
4: 8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
6 :
jr.
109.63
12.70
380.30
13.84
4.38
6.50
5.50
19.02
114.00
70.86
1.50
6.04
13.00
7.60
23.28
81.00
45.49
57.25
7.81
5.38
34.74
6.00
2.14
74.00
87.06
98.00
31.30
66.00
11.50
33.00
10.16
1.00
1.07
0.79
M.
109.63
12.70
380.30
13.84
4.38
6.50
5.50
19.02
114.00
70.86
1.50
6.04
13.00
7.60
23.28
81.00
45.49
57.25
7.81
5.38
34.74
6.00
2.14
74.00
87.06
98.00
31.30
66.00
11.50
33.00
10.16
1.00
1.07
0.79
86. Rome and Clinton (Del.,Lacka. and Western).
87 Rome Watertown and Ogdensburg
88. Schenectady and Duanesburg (Del. & Hudson)
90. Silver Lake
92. Smitlitown and Port Jefferson (Long Island). .
93 Southern Central
94 Southern of Long Island (Long Island)
95 Southfield Branch
96 Spuyten Duyvil & Pt. Morris (N. Y. C. & H. R.)
97 Staten Island
98 Sterlin°" Mountain
99. Suspension Bridge and Erie Junction (Erie).. .
100. Syracuse, Binghamton & N. Y. (D., L. & W.). .
101. Syracuse, Chenango, and New York
102. Syracuse, Geneva, and Corning
103. Syracuse Junction (N. Y? C. and H. R.)
104. Troy and Bennington (Troy and Boston)
105. Troy and Boston
106. Troy and Greenbush (N. Y. C. and H. R.)
107. Troy Union and Depot
108. Ulster and Delaware
109. Utica and Black Ri ver
110. Utica, Chenango, and Susq. Valley (D., L. & W.)
111. Utica, Clinton, and Binghamton (D., L. & W.).
112. Utica, Ithaca, and Elmira
113. Valley (Delaware, Lackawanna, and Western).
114. Wallkill Valley
115. Warwick Valley
116. Waverly and State Line (Perm, and N. Y.)
117. West Troy and Green Island (Del. and Hudson)
118 Union (Erie)
Total Length
7,758.66
5,724.92
ADIRONDACK EAILEOAD.
Line of Road. — Saratoga Springs, N. Y., to North Fork, N. Y 60 miles.
Sidings, 2.75 miles. Gauge, 4 feet 8| inches. Rail, 56 to 60 Ibs.
Chartered in 1839 to construct a R. R. from Saratoga to Ogdensburg, N. Y.,
185 miles. Completed to its present terminus December 31, 1870. In 1874 it was
placed in the hands of a receiver, by whom it has since been operated.
BAILROAD MANUAL OF THE UNITED STATES. 131
Rolling Stock.— Locomotive engines, 3. Cars — passenger, 4 ; baggage, mail, and
express, 3 ; and freight, 56 — total revenue cars, 63.
Operations for year ending September 30, 1877. — Trains run, 59,156 miles. Pas-
sengers carried, 21,426 ; carried one mile, 614,808. Freiglit moved, 19,880 tons ;
moved one mile, 598,522 tons.
Earnings.
From Passengers $23.404 71
" Freight, etc 44,997 24
$68,401 95
Expenditures.
For Maintenance of Way ! $24,077 68
" Transportation, etc 37,226 64
$61,304 32
Balance — net earnings, $7,096.63.
The earnings for year ending September 30, 1874, were $93,724.47, and operating
expenses, $71,334.53; net earnings, $22,389.94; for 1875— gross earnings, $83,946.72;
operating expenses, $88,953.03; deficit, $5,006.31; for 1876 — gross earnings, $73,-
713.31; operating expenses, $70,442.20; net, $2,271.11.
Financial Statement, September 30, 1877.— Capital stock authorized, $5,000,000;
issued, $4,263,000, less $500,000 held by trustees for adjustment of claims. Funded
debt authorized, $6,000,000. Bonds (7 per cent.) issued, $640,000. Floating debt,
exclusive of interest and commissions, $1,971,734.68— total liabilities, $6,374,734.68.
Expended on railroad and equipment, $3,113,514.74. Of this amount, $2,728,692.55
was expended on that part of the line already in operation, and $384,822.19 for en-
gineering, grading, etc., on the uncompleted portion. No change in financial condi-
tion is reported since the road went into the hands of the receiver.
THOMAS C. DURANT, Receiver and Vice- President. .New York City.
Treasurer H. C. Crane. | Secretary J. S. Baker. | Superintendent. . . .C. H. Ballard.
PRINCIPAL OFFICE AND ADDRESS No. 20 Nassau Street, New York City.
ATLANTIC AND ONTAEIO EAILEOAD. (Projected.)
Line of Road. — Hoosic, N. Y., to Salisbury, N. Y 78.75 miles.
Organized September 22, 1871. Capital stock authorized, $3,500,000 ; subscribed,
$100,000 ; and paid in, $70,000. Per contra : Expended in engineering and agencies,
$6,140.11.
GEORGE WKRT, President Milton, N. Y.
PRINCIPAL OFFICE AND ADDRESS Ballston Spa, N. Y.
ATTICA AND AECADE EAILEOAD. (Projected.)
Line of Road.— Attica, N. Y., to Arcade, N. Y 26 miles.
Organized February 28, 1870. Right of way has been obtained for nearly the
entire length of road. Capital stock authorized, $250,000 ; subscribed, $100,000 ; and
paid in, $77,500.
W. H. AINSWORTH, President Varysburg, N. Y.
PRINCIPAL OFFICE AND ADDRESS Varysburg, N. Y.
132 RAILROAD MANUAL OF THE UNITED STATES.
BATH AND HAMMONDSPOET KAILEOAD,
Line of Road.— Bath, N. Y., to Hammondsport, N. Y 9.04 miles.
Sidings, 1 mile. Gauge, 3 feet. Rail, 40 Ibs. to yard.
Organized January 17, 1872. Opened June 80, 1875.
Boiling1 Stock. — Locomotive engines, 2. Cars — passenger, 3; baggage, etc., 1;
freight, 6 — total, 10 ; service cars, 4.
Operations for year ending September 30, 1877. — Trains run, 15,564 miles.
Passengers carried, 12,866; carried one mile, 126,902. Freight moved, 3,845 ; moved
one mile, 38,430 tons. Earnings from passengers, $4,256.25; freight, etc., $5,167.86
—total, $9,424.11. Operating expenses, $6,941.72. Net earnings, $2,482.39. Pay-
ments— interest, $2,660.
Financial Statement, September 30, 1877.— Capital stock authorized, $100,000;
paid in, $75,350; funded debt, $38,000; floating debt, $3,452— total, $116,802. Per
contra : Expended for construction and equipment, $131,905.86.
The funded debt consists of 1st mortgage 7 per cent, bonds, dated May 1, 1875,
interest payable May 1 and November 1, and principal May 1, 1885.
ALLEN WOOD, Lessee and Manager Hammondsport, N. Y.
PRINCIPAL OFFICE AND ADDRESS Hammondsport, N. Y.
BELMONT AND BUFFALO EAILEOAD. (In Progress.)
Line of Road. — Belmont, N. Y., to Gainesville Station, N. Y 30 miles.
Length of road laid f 6 "
Financial Statement, September 30, 1877. — Capital stock authorized, $600,000 ;
subscribed, $155,000 ; paid in, $67,000 ; and floating debt, $4,000— total, $71,000. Per
contra: Expended on road to date, $32,342.57. Placed in hands of Receiver Sep-
tember 13, 1876.
WILKES ANGEL, President and Receiver Belmont, N. Y.
PRINCIPAL OFFICE AND ADDRESS Belmont, N. Y.
BLACK KIYEK AND ST. LAWKENCE E. E. (In Progress.)
Line of Road. — Carthage, N. Y., to Edwardsville, N. Y 12 miles.
This line of road has wooden rails. It was not in operation during last fiscal year.
Rolling Stock. — One locomotive engine and eleven freight cars.
Financial Statement, September 30, 1877.— Capital stock authorized, $380,000;
subscribed, $183,500; and paid in, $144,988.55; floating debt, $185— total, $145,-
123.55. Per contra: Cost of road and equipment, $144,422.58.
SAMUEL H. BEACH, President Harrisville, N. Y.
PRINCIPAL OFFICE AND ADDRESS Harrisville, N. Y.
BAILROAD MANUAL OF THE UNITED STATES. 133
BOSTON, IIOOSAC TUNNEL AND WESTEKN EAILWAY.
(In Progress.)
Line of Road. — Hoosac Tunnel, Mass., to Fairliaven, N. Y 200 miles.
This company was organized under the general laws of New York in 1876, to
build a line of railroad from the Troy and Greenfield R. R., at Hoosac Tunnel, to Lake
Ontario, New York, through the Mohawk Valley. It will cross the Hudson River at
Mechanicsville, 12 miles north of Troy, connecting there with the Delaware and
Hudson Canal Co.'s lines for Troy, Albany, Saratoga, and Schenectady, and with the
Erie Railway over the Albany and Susquehanna Division. The third rail on the Erie
Railway gives a standard gauge for all its connections at Binghamton. It also con-
nects with the Lake Ontario Shore R. R. from Oswego to Lewiston, where it is pro-
posed to construct, during the current year, a bridge over the Niagara River. The
completion of this line will open the Hoosac Tunnel to the business of the Erie Rail-
way, the Erie Canal, and the Lakes.
Financial Statement, September 30, 1877. — Capital stock authorized, $10.000,000 ;
subscribed, $600,000 ; paid in, $460,000. Expended in grading, bridges, etc., $450,000.
12 miles of line are ready for the rails, and the bridge at Mechanicsville is in prog-
ress. It is intended to complete the road to a connection with the D. and H. line
during the present year.
Directors (elected 1877).— Elisha Atkins, John W. Candler, Estes Howe, Wm.
Claflin, John B. Alley, W. L. Burt, F. L. Ames, Boston ; S. S. Guthrie, Buffalo, New
York ; Coe F. Young, Honesdale, Pa. ; Giles W. Hotchkiss, Binghamton ; Geo. R.
Blauchard, New York ; G. M. Pullman, Chicago, 111. ; Geo. I. Post, Fairliaven, N. Y.
W. L. BUHT, President and General Manager Boston, Mass.
John B. Alley, Vice-President " "
Secretary and Treasurer — Estes Howe -. Boston, Mass.
Executive Committee: W. L. Burt, John B. Alley, F. L. Ames, and Elisha Atkins.
PRINCIPAL OFFICE AND ADDRESS 61 Equitable Building, Boston, Mass.
BUFFALO, COKEY AND PITTSBUBG EAILKOAD.
Line of Road.— Brockton, N. Y., to Corry, Pa 43.20 miles.
Sidings, etc., 8 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
Organized as Buffalo and Oil Creek Cross Cut R. R., July 19, 1865, and under
present title October 15, 1867. Road opened June 17, 1867. Sold in bankruptcy,
January 1, 1873. Pending question of ownership, operated by the Allegheny Valley
R. R. Co.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 5 ; baggage, mail, and
express, 2 ; freight, 36— total, 43. Also, 3 service cars.
Operations for year ending September 30, 1877. — Trains run — passenger, 77,365 ;
and 'freight, 65,850 — total, 143,215 miles. Passengers carried, 73,248 ; carried one
mile, 1,732,219. Freight moved, 101,802 ; moved one mile, 4,076,092 tons.
134
RAILROAD MANUAL OF THE UNITED STATES.
Earnings.
From Passengers $47,663 34
" Freight, etc 70,11965
$117,782 99
Expenditures.
For Maintenance of Way $32,995 38
" Transportation, etc 74,277 57
$107,272 95
Balance — net earnings, $10,510.04. Disposition of net earnings not reported.
Abstract of operations and general balances for ten years :
Years.
Miles
Track
Engines.
v!
A
03
Train
Miles.
Passen-
gers.
Freight
Tons.
Gross
Earnings.
Net
Earnings.
Capital
Stock.
Bonds.
Cost of
Construc-
tion.
1S67-68.
1868-69.
1869-70.
1870-71.
1871-72.
1872-73.
44.2
44.2
47.2
48.2
48.2
48.2
6
6
7
7
7
7
30
30
33
47
50
40
126,326
121,957
136,447
140,211
154,730
150,795
69,088
83,122
90,973
89,343
68,476
52,024
94,196
80,238
113,588
96,659
93.217
77,381
$223,030
225,909
264,807
249,442
228,100
128,814
$60,608
77,234
78,004
54,031
*12,150
*120,121
$428,718
428,718
428,718
428,718
428,718
$700,000
700,000
700,000
700,000
700,000
$1,431,466
1,446,988
1,493,620
1,532,058
1,546,931
t5,945
1873 74.
51.2
7
40
165,182
74,1&3
106,824
152,299
"8,971
t!5,000
1874-75.
51.2
7
44
135,419
75,963
154.110
161,707
9,566
tis.ooo
1875-76.
51 2
91
44
144,320
79,619
175,993
156,017
9,481
499,967
1876-77.
51.2
9,
43
143,215
73,248
101,802
117,783
10,510
494,939
* Deficit.
t Expended since sale in bankruptcy.
Financial Statement. —Capital stock, $428,717.50 ; funded debt, 1st mortgage 7
per cent, bonds, dated March 1, 1866, interest payable March and September, and
principal March 1, 1886, $700,000 ; and floating debt, $548,229.97— total stock, bonds,
and debt, $1,676,947.47. Per contra: Cost of road and equipment, $1,546,930.81,
The above statement was made before going into bankruptcy. The road was
sold, subject to liens, for $5,945.23, and the accounts have not since been re-stated.
JOHN SCOTT, President Pittsburg, Pa.
Superintendent— D. McCargo Pittsburg, Pa. | Sec. and Treas.—T. E. Robinson... Pittsburg, Pa.
PRINCIPAL OFFICE AND ADDRESS Pittsburg, Pa.
BUFFALO CEEEK KAILBOAD.
Line of Road. — Erie Railway to Light House (Buffalo Harbor), N. Y., 3.75 miles.
Sidings and other tracks, 8 miles. Gauge, 4 feet 8| inches, and 6 feet. Rail, 58 Ibs.
Rolling* Stock. — Locomotive engines, 2. Cars — none owned.
Operations for year ending September 30, 1877. — Freight moved, 373,513 tons.
Total receipts, $41,516.81 ; transportation expenses, $31,586.68 ; net earnings, $9,930.13 ;
interest paid, $12,814.32.
Financial Statement, September 30, 1877.— Capital stock, $250,000 ; and paid
in, $248,390 ; floating debt, $107,638.84— total, $356,028.84. Per contra : Cost of road,
etc., $296,365.35.
E. L. HEDSTROM, President Buffalo, N. Y.
Treas.— Wm. H. Sayre, Jr... South Bethlehem, Pa. | Secretary— James M. Scatcherd Buffalo, N. Y.
PRINCIPAL OFFICE AND ADDRESS Buffalo, N. Y.
KAILROAD MANUAL OF THE UNITED STATES.
135
BUFFALO CKOSSTOWN KAILKOAD. (Projected.)
Line of Road. — International Bridge, N. Y., to B., N. Y. and P. R. R. ..7 miles.
Organized December 29, 1873. Gauge, 4 feet 8i inches.
Financial Statement, September 30, 1877. — Capital stock authorized, $100,000.
Subscribed, $32,800; paid in, $10,000. Expended, $4,281.85.
J. CONDIT SMITH, President Buffalo, N. Y.
PRINCIPAL OFFICE AND ADDRESS Buffalo, N. Y.
BUFFALO, NEW YOKK AND PHILADELPHIA KAILEOAD.
Line of Road.— Buffalo, N. Y., to Emporium, Pa 120 55 miles.
Sidings, etc., 18.33 miles. Gauge, 4 feet 8£ inches. Rails, 56, 60, and 62 Ibs.
Chartered under its present title in 1871. Originally organized May 30, 1853, as
the Buffalo and Allegheny Valley R. R. Co., and construction commenced. On the 7th
of February, 18G5, the Buffalo and Washington R. R. Co. was organized, and author-
ized to consolidate with the Buffalo and Allegheny Valley R. R. Co., under the former
name, and the road was built for 16 miles. It was completed in 1873, and connects at
Emporium with the P. and E. R. R.
Rolling- Stock. — Locomotive engines, 22. Cars — passenger, 15 ; baggage, mail,
and express, 4 ; and freight, 1,037— total cars, 1,056.
Operations for year ending September 30,1877. — Trains run — passenger, 115,804,
freight 296,226 — total, 412,030 miles. Passengers carried, 136,025 ; carried one mile,
2,764,861. Freight moved, 503,318 ; moved one mile, 44,031,637 tons.
Earnings.
From Passengers .... $97,031 81
" Freight 535,40707
" Mail, etc 29,94955
Expenditures,
For Maintenance of Way $123,063 37
" EollingStock 42,76290
" Transportation, etc 162,967 66
$665,388 73 $328,793 93
Balance— net earnings, $336,594.80. Payments— interest, $251,695.57. Surplus,
$84,899.23.
Abstract of operations and general account for ten years :
Years.
Miles
E. E.
En-
gines.
Cars.
Train
Miles.
Passen-
gers.
Freight
Tons.
Gross
E a r n-
nings.
Net
E a r n-
ings.
Capital
Stock.
Bonds.
Cost of
Construc-
tion.
1867-68.
16
2
17
9,096
25508
11 682
$21 988
$7 071
$428473
$475,350
1868-69.
16
2
17
28,606
50 586
30 878
49 175
10 686
428473
526,127
1869-70.
16
2
19
31 934
63 357
29 267
54 455
lo'609
498 552
640,816
1870-71.
28
5
111
59,997
87,623
44,241
87,626
23,885
750,208
$500,000
1,404,574
1871-72.
88
9
175
97,613
132,971
44,602
139,145
17,300
1,600,708! 1,876,500
3,064.271
1872-73.
120
18
621
261,900
234,760
158,837
398,363
48.645
1,615,060! 2,577,500
5,405,936
1873-74.
120
20
652 380,085
234,056
251,697
580,666 203,695
1,691,150
2,972,500 5,690,748
1874-75.
120
22
910 439,939
229,464
313,468
613,177
278,379
1,720,950
3,320,500
6.058.076
1875-76.
120
23
1,057
476,039
207,377
375,091
656,514
228,531
1,806,650
3,437,500
6,285,382
1876-77.
120
23
1,056
412,030
136,025
503,318
665,389
336,595
1,944,650
3,449,500
6,403,226
136
KAILROAD MANUAL OF THE UNITED STATES.
Financial Statement, September 30, 1877. — Capital stock authorized, $3,500,000;
subscribed, $2,383,200; paid in, $1,944,650. Funded debt, 1st mortgage 6 per cent,
gold bonds, due July 1, 1896, $2,532,000; 2d mortgage 10 per cent, currency bonds, due
July 1,1893, $917,500— $3,449,500; floating debt, $1,076,308.89— total, $6,470,458.89.
Cost of construction, $5,359,583.62 ; equipment, $1,043,643.55 — total, road and equip-
ment, $3,403,226.17; also, real estate, $393,197.20.
Directors (elected October 3, 1877). — Thomas Clarke, James Brayley, J. H.
Metcalf, George B. Gates, Cyrus Clarke, C. J. Hamlin, Bronson C. Rumsey, J. F.
Shoellkopf, S. S. Jewett, Richard Bullymore, W. H. Glenny, and William G. Fargo,
Buffalo, N. Y.; George J. Magee, Watkins, N. Y.
S. S. JEWETT, President Buffalo, N. Y.
G. B. Gates, Vice- President "
Treasurer and Secretary F. S. Buel.
Superintendent Wm. Kobinson.
Engineer — Geo. S. Gatchell.
Master of Machinery A. Vail.
General Ticket Agent F. S. Buel.
General Freight Agent E. T. Johnson.
PRINCIPAL OFFICE AND ADDRESS... No. 577 Louisiana Street, Buffalo, N. Y.
BUFFALO AND SOUTHWESTEKN EAILKOAD.
Line of Road. — Buffalo, N. Y., to Jamestown, N. Y 66.5 miles.
Sidings, and other tracks, 6.5 miles. Gauge, 4 feet 8| inches. Rail 56 and 60 Ibs.
Organized as Buffalo and Jamestown R. R., March 23, 1872, and the road opened
in 1875. Sold under foreclosure, and reorganized under present litle, 1877.
Rolling1 Stock. — Locomotive engines, 5. Cars — passenger, 9; baggage, 2 ; freight,
115— total, 126.
Operations for year ending September 30, 1877. — Trains run — passenger, 120,274,
freight, 42,386 — total, 162,660 miles. Passengers carried, 115,452 ; carried one mile,
3,722,503. Freight moved, 68,652 tons ; moved one mile, 3,504,733 tons.
Earnings.
From Passengers $86,902 77
" Freight 79,739 23
Miscellaneous 10,24224
$176,884 24
Expenditures.
For Maintenance of Way $44,044 64
" Rolling Stock 16,172 91
" Transportation, etc 88,20423
$148,421 78
Net earnings, $28,462.46. Payments— interest, $11,235.69. Surplus, $17,226.77.
Abstract of operations and general account for four years :
Years.
Miles
R. R.
En-
gines.
Cars.
Train
Miles.
Passen-
gers.
Freight
Tons.
Gross
Earn-
ings.
Net
Earn-
ings.
Capital
Stock.
Bonds.
Cost of
Construc-
tion.
1873-74.
30.0
2
41
32,406
61,065
17,604
$54,165
$10,011
$555,880
$200,000
$253,887
1874-75.
66.5
5
120
71,329
87,150
28,979
93,141 19,814
1,156,908
1,100,000
432,769
1875-76.
66.5
5
126
170,002
133,258
41.427
164,807
27,693
1,362,154
1,125,500
2,838,119
1876-77.
66.5
5
126
162,660
115,452
68,652
176,884
28,462
1,367,344
1,432,695
2,857,472
Financial Statement, September 30, 1877.— Capital stock authorized, $2,000,000;
subscribed, $1,379,400; and paid in, $1,367,343.95; funded debt, $1,432,695 ; and float-
EAILBOAD MANUAL OF THE UNITED STATES.
137
ing debt, $127,706.47— total, $2,927,745.42. Per contra : Cost of road and equipment,
$2,857,472.09. No details are given of tlie funded debt, except that it bears 6 per
cent, interest in gold.
Directors (elected 1877). — J. M. Scatcherd, James Adams, Abraham Altman, J.
D. lawyer, W. H. H. Newman, M. E. Jones, H. Martin, S. Scheu, L. S. Jenks, R. J.
Sherman, C. A. Sweet, G. R. Potter, C. M. Farrar, Buffalo, N. Y.
J. M. SCATCHEKD, President Buffalo, N. Y.
Treasurer Abraham Altman. | Superintendent Peter C. Doyle.
PRINCIPAL OFFICE AND ADDRESS 195 Main Street, Buffalo, N. Y.
CAYUGA SOUTHEEN KAILBOALX
Line of Road. — Cayuga Bridge, N. Y., to Ithaca, N. Y 38 miles.
Sidings, etc., 4.2 miles. Gauge, 4 feet 8£ inches. Rail, 56 and 62.5 Ibs.
Organized as Cayuga Lake R. R. Co., July 1, 1867, and the road opened May 1,
1873. Sold under foreclosure of second mortgage, August 27, 1874, and organized as
Cayuga R. R., October 1, 1874. Sold by trustees of first mortgage, July 26, 1877, and
reorganized under present title.
Rolling Stock. — Locomotive engines, 6. Cars — passenger, 6 ; baggage, mail, and
express, 3 ; and freight, 44 — total revenue cars, 53 ; also, 20 service cars.
Operations for year ending September 30, 1877. — Trains run — passenger, 47,044 ;
freight, etc., 39,824 — total, 86,868 miles. Passengers carried, 49,101 ; carried one
mile, 731,555. Freight moved, 175,948 ; moved one mile, 6,315,981 tons.
Earnings.
From Passengers $20,392 14
" Freight,etc 71,55725
Expenditures.
For Maintenance of Way $27,110 49
" Transportation, etc 63,465 71
$91,949 39
Balance, net earnings, $1,373.19.
Abstract of operations and general account for four years :
$90,576 20
Tears.
Miles
R. R.
En-
gines.
Cars.
Train
Miles.
Passen-
gers.
Freight
Tons.
Gross
Earn-
ings.
Net
Earn-
ings.
Capital
Stock.
Funded
Debt.
Cost of
Construc-
tion.
1873-74...
38
6
53
$300,000
$800,000
1874-75...
38
6
53
91,756
72,377
125,450
$87,878
$7,823
300,000
1,000,000
$1,300,000
18T5-T6...
38
6
53
96.764
64,014
158,567
89,073
*25,149
300,000
1,000,000
1,300,000
1876-77. . .
38
6
53
86,868
49,101
175,948
91,949
1,373
300,000
1,000,000
1,300,000
* Deficit.
Financial Statement, September 30, 1877.— Capital stock paid in, $300,000 ;
funded debt, $1,000,000 7 per cent, gold bonds; cost of road and equipment, $1,300,000.
R. A. PACKER, Agent for Purchasers Say re, Pa.
Superintendent W. Stevenson, Sayre, Pa.
PRINCIPAL OFFICE AND ADDRESS Aurora, N. Y.
138 RAILROAD MANUAL OF THE UNITED STATES.
CAYUGA NOETHEEN EAILEOAD. (In Progress.)
Line of Road. — Cayuga, N. Y., to Port Byron, N. Y .12 miles.
Organized April 22, 1872. Gauge, 4 feet 8£ inches.
Financial Statement, September 30, 1877. — Capital stock authorized, $200,000 ;
subscribed, $129,750; paid in, $57,975. Expended, $20,237.66. Work suspended.
TALMAGE DELAFIELD, President Aurora, N. Y.
Vice-President— K. M. Green Port Byron, N. Y. | Secretary- -J. H. Wethey Port Byron, N. Y.
PRINCIPAL OFFICE AND ADDRESS Port Byron, N. Y.
CAZENOVIA, CANASTOTA AND DE EUYTEE EAILWAY.
Line of Road.— Canastota, N. Y., to De Kuyter, N. Y 29.25 miles.
Sidings, 1.50 mile. Gauge, 4 feet 8| inches. Rail, steel, 60 Ibs.
The C., C. and De R. R. R. Co. was organized March 4, 1873, by the consolidation
of the Cazenovia and De Ruyter R. R. Co., organized January 26, 1872, and the Cazeno-
via and Canastota R. R. Co., organized June 17, 1872, and re-organized under its pres-
ent title, August 28,1876. It was completed to De Ruyter the present year.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 2 ; baggage and ex-
press, 2 ; freight, 12— total, 16.
Operations for year ending September 30, 1877. — Trains run, 23,550 miles.
Passengers carried, 14,948; carried one mile, 154,804. Freight moved, 4,139 tons;
moved one mile, 57,946 tons. Earnings, $18,825.08. Expenditures, $15,557.94 ; net
earnings, $3,267.14. These earnings were on the unfinished line during construction.
Financial Statement, September 30, 1877. — Capital stock authorized, $1,100,000;
subscribed and paid in, $614,000 ; and floating debt, $3,656.48 — total stock, and debt,
$617,656.48. Per contra: Cost of road and equipment, $614,000.
Since the close of the fiscal year, the company has issued $601,000 1st mortgage
bonds.
GEORGE J. RICE, President London, England.
L. Fairchild, Treas. and Sec Cazenovia, N. Y.
PRINCIPAL OFFICE AND ADDRESS Cazenovia, N. Y.
CHAELOTTE LAKE VIEW EAILEOAD. (Projected.)
Line of Road. — Charlotte, N. Y., to Braddock's Bay Inlet. N. Y 7 miles.
Organized July 6, 1875. Line surveyed, and right of way secured ; intended to
accommodate watering-places on the shore of Lake Ontario.
EAILEOAD MANUAL OF THE UNITED STATES.
139
Financial Statement, September 30, 1877.— Capital stock authorized, $200,000 ;
subscribed, $14,200 ; paid in, $1,420.
J. TILLINGHAST, President Albany, N. Y.
Secretary— G . J. Whitney Kochester, N. Y.
PRINCIPAL OFFICE AND ADDRESS Albany, N. Y.
CHAUTAUQUA LAKE KAILBOAD. (In Progress.)
Line of Road. — Mayville, N. Y., to Jamestown, N. Y 25 miles.
Organized June 3, 1874. It is intended to run along the north side of Chau-
tauqua Lake. Surveys made, and right of way obtained for a portion of the line.
Financial Statement, September 30, 1877.— Capital stock authorized, $500,000 ;
subscribed. $140,000 ; paid in, $14,000 ; floating debt, $567.43— total stock and debt,
$14,567.48, which has been expended on surveys and right of way.
G. SHAMBURG, President; J. A. Contant,F.-P. and Supt Titusville, Pa.
CLOYE BRANCH EAILEOAD.
Line of Road. — Clove Branch Junction, N. Y., to Silver Lake, N. Y. .4.25 miles.
Sidings, etc., 0.6 mile. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
This company was organized November 21, 1868, and the road opened in 1874.
Rolling1 Stock. — Locomotive engines, 1. Cars — passenger, 1 ; freight, 30.
Operations for year ending September 30, 1877. — Trains run, 4,481 miles. Pas-
sengers carried, 2,472 ; carried one mile, 7,742. Freight moved, 38,134; moved one
mile, 152,536 tons.
1873-74.
1874-75.
1875-76.
1876-77.
Total Earnings
$28,692 91
$23,193 04
$18 732 32
$18,888 71
Operating Expenses
18 184 75
16 073 54
13,829 17
14,776 07
Net Earnings
10,508 16
7,119 50
4,903 15
4,112 64
Disposition of net earnings not stated.
Financial Statement, September 30, 1877.— Capital stock, $150,000 ; floating
debt, $7,500. Cost of road and equipment, $164,300.
JOHN S. SCHULTZE, President Manchester, N. J.
Sec. and Treas.—Wm. A. Eeid, Sylvan Lake, N. Y. | Supt.—C. L. Kimball Newburg, N. Y.
PRINCIPAL OFFICE AND ADDRESS Sylvan Lake, N. Y.
140
BAILEOAD MANUAL OF THE UNITED STATES.
COOPEESTOWN AND SUSQUEHANNA VALLEY E. E.
Line of Road. — Collins' Station, N. Y., to Cooperstown, N. Y 16 miles.
Sidings, 0.25 mile. Gauge, 4 feet 8| inches. Rail, 50 Ibs. to yard.
This company was organized February 25, 1865, and the road opened in 1869.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 3 ; freight, 11.
Operations for year ending September 30, 1876. — Trains (mixed) run, 20,928.
Passengers carried, 34,346 ; carried one mile, 416,232. Freight moved, 12,013 tons ;
moved one mile, 168,189 tons.
1870-71.
1871-72.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
Earnings from Passengers..
" Freight, etc.
Total Earnings
$21,231 51
23,976 83
45,208 35
22,932 88
22,275 47
8,904 36
$21,455 51
18,156 47
39,611 98
24,884 43
14,727 55
8,782 82
$20,634 90
17,939 93
38,574 83
26,481 44
12,093 39
8,324 29
$19,726 50
17,251 55
36,978 05
25,893 56
11,084 49
8,131 09
$17,209 47
17,771 81
35,521 28
25,578 68
9,942 60
7,993 65
$16,702 34
16,H92 49
33,594 83
26,367 43
7,227 40
8,849 54
$16,331 58
17,933 26
34,264 84
18,468 91
15,795 93
10,268 44
Operating Expenses
Net Earnings
The excess of net earnings over interest payments was carried to surplus fund.
Financial Statement, September 30, 1877.— Capital stock authorized, $350,000 ;
subscribed, $310,600; paid in, $308,405 ; funded debt, 1st mortgage 7 per cent, bonds,
interest payable March and September, and principal March 1, 1889, $140,000 ; and
floating debt, $3,481— total stock, bonds, and debt, $451,886. Per contra : Cost of
road and equipment, $492,078.13.
ANDREW SHAW, President ; B. M. Cady, Sec. and Treas Cooperstown, N. Y.
PRINCIPAL OFFICE AND ADDRESS Cooperstown, N. Y.
DELHI AND MIDDLETOWN EAILEOAD. (In Progress.)
Line of Road.— Delhi, N. Y., to Dean's Corners, N. Y 30 miles.
Organized November 14, 1870. The road is graded for 17 miles.
Financial Statement, September 30, 1877. — Capital stock authorized, $1,000,000 ;
subscribed, $127,500 ; and paid in, $123,000 ; funded debt, $60,000 ; floating debt,
$11,385— total, $195,385. Per contra : Cost of road and equipment, $146,856.94.
W. W. GRANT, President Margaret ville, N. Y.
Treas. and Sec.—S. H. White, Margaret ville, N. Y. \ Engineer— J. P. Gould Margaretville, N. Y.
PRINCIPAL OFFICE AND ADDRESS Margaretville, N. Y.
DELAWAEE AND HUDSON CANAL COMPANY.
(As Lessee.)
The Delaware and Hudson Canal Company, as lessee, operates under lease, the
following Railroads, 509.48 miles in all, of which 467.51 are in the State of New York,
BAILEOAD MANUAL OF THE UNITED STATES.
35.36 miles in Vermont, and 6.61 miles in Pennsylvania. The following is tlie name
and mileage of these roads :
Albany and Susquehanna Railroad and branches 176 95 miles.
Rensselaer and Saratoga Railroad and branches 182.62 "
New York and Canada Railroad and branches 149.91 "
ALBANY AND SUSQUEHANNA BAILKOAD.
Line of Road— Albany, N. Y., to Binghamton, N. Y 142.20 miles.
Leased lines and branches, named below 34.75 "
Total length of line owned, leased, and operated 176.95 miles.
Sidings, etc., 38.54 m. Gauge, 4 ft, 8i in. Rail, 56 and 62 Ibs, Steel rails, 125 m.
The Albany and Susquehanna Railroad Company was organized April 19, 1851,
to construct a railroad from Albany to Binghamton. Construction was commenced
in 1853, but the road was only opened 35 miles, from Albany to Schoharie, September
16, 1863, and was completed to Binghamton January 14, 1869. In 1867, the Legisla-
ture granted aid to the amount of $250,000 toward its construction, and subsequently
to the amount of $1,000,000. On the 5th of August, 1869, it was placed in the hands
of a receiver. In February, 1870, it was leased to the Delaware and Hudson Canal
Company for 99 years, that company agreeing to pay interest and dividends equal to
7 per cent, on $7,000,000, the amount of stock and bonds then outstanding, all addi-
tions to be made at the charge of the lessor. That company also built, in 1871-72,
the Lackawanna and Susquehanna R. R., known as the Nineveh Branch of the A. and
S. R. R. The other branches of this line, transferred by lease to the D. and H. Canal
Co., were the Cherry Valley, Sharon and Albany R. R., chartered 1869, and opened
1870, and leased to the A. and S. R. R. Co. on completion ; and the Schenectady and
Duanesburg R. R., organized December 27, 1869, as the Schenectady and Susque-
hanna R. R., and completed in 1872; but reorganized, after foreclosure sale, July 10,
1873, under present title.
Rolling Stock. — Locomotive engines, 51. Cars — passenger, 25; baggage, mail,
and express, 14; freight (box, 272; stock, 44; platform, 1,045; coal, 798), 2,159—
total revenue cars, 2,198. Also, 121 service cars.
Operations for year ending December 31, 1877. — Trains run — passenger, 288,415 ;
freight, 329,484 ; service, 42,520— total, 660,419 miles. Passengers carried, 294,743 ;
carried one mile, 8,177,330. Freight moved, 434,502 ; moved one mile, 34,289,297
tons. v
Earnings.
From Passengers $238,516 28
" Freight 727,34008
" Mail, Express, etc 37,85156
Miscellaneous 4,370 44
$1,008,078 36
Expenditures.
For Maintenance of Way $166,124 29
" Rolling Stock 103,12846
" Transportation 298,16738
$567,420 13
Balance — net earnings, $440,658.23. Payments by lessees — interest on funded
debt, $423,150 ; dividends (7 per cent.), $245,000; rentals, $41,548— total payments,
$709,698. Balance, to debit, $269,039.77.
142 KAILROAD MANUAL OF THE UNITED STATES.
Abstract of earnings, expeditures, etc., for eight years :
Year Ending.
Gross
Earnings.
Operating
Expenses.
Net
Earnings.
Interest.
Divi-
dends.
p. C.
September 30, 1870
$880,703 75
$800,820 78
$79,882 97
$297,728
1871
1,069,996 40
802,509 27
267,487 13
305,000
$89,250
1872
1,341,228 45
993,985 91
347,242 54
311,687
178,500
%
1873
1,602,076 28
1,250,002 61
351,933 67
311,500
178,500
5%
1874
3.403,750 95
2,227,323 54
1,176,427 41
306,200
1,387,150
1875
3,490,825 54
2,371,203 70
1,119,621 84
306,200
1,437,084
December 31, 1876
1,081,443 35
717,800 96
363,642 39
395,237
245,000
?
" 1877
1,008,078 36
567,420 13
440,658 23
423,150
245,000
7
The returns for the years 1874 and 1875 include the earnings, expenses, etc., of
the Rensselaer and Saratoga R. R., and the rentals are included in dividends for
those years.
Financial Statement, December 31, 1877.— Capital stock paid in, $3,500,000 ;
funded debt, $6,045,000 — total stock and debt, $9,545,000. Per contra : Cost of con-
struction, $7,466,457.39; equipment, $1,700,662.97 ; real estate and buildings, $842,-
180.58— total, $10,009,228.94.
The increase for the year in Construction account is $5,037.86 ; equipment,
$10,400.97— total $15,438.83.
Statement of funded debt in detail :
Description of Bonds.
Date
of
Issue.
Rate.
Interest
Payable.
Principal
Payable.
Amount
Authorized.
Amount
Out-
standing.
First Mortgage
1863.
7
Jan. and July.
July 1, 1888.
$1,000,000
$1,000,000
Albany City Loan
1865.
7
May and Nov.
Nov. 1, 1895.
1,000,000
1,000,000
Second Mortgage
1865.
7
April and Oct.
Oct. 1, 1885.
2,000,000
2,000,000
Third Mortgage
1869.
7
May and Nov.
May 1, 1881.
500,000
85,000
Consolidated Mortgage
1876.
7
April and Oct.
" 1906.
10,000,000
1,960,000
Officers and Directors. — See Delaware and Hudson Canal Co.
CHEEKY VALLEY, SHAKON AND ALBANY EAILEOAD.
Chartered in 1869, and road opened in 1870. It extends from Cobleskill, N. T.,
to Cherry Valley, N. Y., 20.91 miles, with 0.87 mile of sidings. Leased on comple-
tion to the Albany and Susquehanna R. R. Co., by which it was operated. Subse-
quently purchased by the D. and H. Canal Co. for $320,118.62, and is operated by
that company as a branch of the A. and S. R. R. It was constructed under town aid
Financial Statement, September 30, 1877.— Capital stock authorized, $500,000
subscribed, $287,100; paid in, $281,350; funded debt, $307,000; and floating debt
$23,470— total, representing cost of road, $611,820.
Officers. — Same as Del. and H. Canal Co.
RAILROAD MANUAL OF THE UNITED STATES. 143
LACKAWANNA AND SUSQUEHANNA KAILKOAD.
Organized under the charter of the Delaware and Hudson Canal Co., and road
built by that company in 1871-73, to connect the Albany and Susquehanna R. R. with
the coal properties of the D. and H. C. Co. It extends from Nineveh, N. Y., on the
A. and S. R. R., to Lanesboro', Pa., 21.71 miles, with 5.04 miles of sidings. At
Lanesboro' it forms a junction with the Jefferson Branch R. R., which reaches the D.
and H. R. R. at Carbondale, and is owned and operated by the Erie Railway Co., and
over which the D. and H. C. Co. have traffic arrangements for their coal cars.
Operations for year ending December 31, 1877. — Included in D. and H. Canal Co.
Financial Statement. — Included in D. and H. Canal Co. Cost of road and equip-
ment to December 31, 1877, $1,021,153.45.
JAMES C. HARTT, Treasurer New York City.
SCHENECTADY AND DUANESBUKG KAILKOAD.
Organized December 27, 18(59, as the Schenectady and Susquehanna R. R. Co., and
road opened in 1872. It extends from Schenectady to Duanesburg, 13.84 miles, with
1 mile of sidings. Sold under foreclosure, and reorganized under present title July
10, 1873. Leased and operated by the Delaware and Hudson Canal Co. at an annual
rental of $30,000, and all operations included in those of the A. and S. R. R. Co.
Financial Statement, December 31, 1876. — Capital stock authorized, $300,000 ;
paid in, $100,500 ; funded debt, $500,000. Lease rent, $30,000 per year.
Officers. — Same as Del. and H. Canal Co.
KENSSELAER AND SARATOGA KAILKOAD.
Line of Road.— Troy, N. Y., to Whitehall, N. Y 72.55 miles.
Branches, named below ..110.07 "
Total length of line owned and operated 182.62 miles.
Sidings, etc., 61.23 in. Gauge, 4 ft. 8£ in. Rail, 56 and 62 Ibs. Steel rails, 108 m.
The Rensselaer and Saratoga R. R. Co. was chartered by the Legislature of New
York, April 14, 1832, and the road was opened from Ballston to Troy, 20 miles, March
19, 1836. The other companies which now form the line of this road are : the Sara-
toga and Whitehall, chartered in 1834 as Saratoga and Washington, and opened
April 9, 1851, 47.52 miles from Saratoga to the Vermont line, with 13.14 miles of the
Rutland and Whitehall R. R., operated under lease since April 1, 1865 ; the Sara-
toga and Schenectady R. R., chartered February 16, 1831, and opened from Saratoga
to Schenectady, 21 miles, in 1833, and leased to the R. and S. R. R. Co. January 1,
1851, at an annual rental of $30,150 ; the Albany and Vermont R. R., originally or-
ganized as Albany Northern R. R., February 20, 1851, and opened 11.91 miles to
144
KAILROAD MANUAL OF THE UNITED STATES.
Waterford, July 1, 1853, reorganized under foreclosure by the name of the Albany, Ver-
mont and Canada R. R., November 7, 1856, and again under present title October 6,
1859, and leased to the R. and S. R. R. Co. June 15, 1860 ; and the Troy, Salem and
Rutland R. Reorganized July 2, 1849, under the name of Troy and Rutland R. R. Co.,
and on completion in 1852 leased to the Rutland and Washington R. R. Co. of Ver-
mont, but subsequently, June 19, 1865, leased to and since operated by the R. and
S. R. R. Co. It is known as the Salem Branch, and is 61.98 miles in length. The Glen's
Falls R, R., from Fort Edward, N. Y.,to Glen's Falls, N. Y., 5.74 miles, was organized
July 26, 1867, and opened 1869, and on completion leased to the R. and S. R. R. Co.
This road was leased May 1, 1871, to the Delaware and Hudson Canal Co., which
assumed payment of all rentals of leased lines, interest on funded debt, and a divi-
dend of 7 per cent, to July 1, 1872, and thereafter of 8 per cent, annually. At that
time, the stock was $6,000,000 and the funded debt $2,000,000.
In the reorganization of the operations of the company, under lease to the Dela-
ware and Hudson Canal Co., the leased lines are treated as branches, and their mile-
age is distributed as follows ;
Albany to Waterford 12.18 miles.
W. Troy to Green Island 1.08 "
Schenectady to Ballston 14.97 "
Fort Edward to Glen's Falls. 5.74 miles.
Whitehall to Castleton 13.66 " .
Eagle Bridge to Rutland 62.44 "
Rolling Stock. — Locomotive engines, 54. Cars — passenger, 78 ; ^baggage, mail,
and express, 21 ; freight (box, 621 ; stock, 6 ; platform, 150 ; coal, 767), 1,544 — total
revenue cars, 1,645. Also, 174 service cars, including directors' and caboose cars.
Operations for year ending December 31, 1877. — Trains run — passenger, 425,427 ;
freight, 253,428 ; other, 62,383— total, 741,238 miles. Passengers carried, 1,113,245 ;
carried one mile, 18,761,702. Freight moved, 566,802 ; moved one mile, 30,718,974
tons.
Earnings.
From Passengers $715,506 66
" Freight 994,64415
" Mail and Express 83,05817
Miscellaneous 33,733 19
, 826,943 17
Expenditures.
For Maintenance of Way $375,813 41
" Rolling Stock 205,551 62
" Transportation 585.38241
, 166,747 44
Balance — net earnings, $660,194.73. Payments — interest, $141,910 ; dividends,
$548,328 ; rentals, $228,169.87— total, $918,407.87. Payments in excess of net re-
ceipts of railroads, $258,213.14. By the terms of the lease the company is to receive
an amount equal to 8 per cent, on stock, and 7 per cent on bonds.
Abstract of earnings, expenses, interest, etc., for seven years :
Tear Ending.
Gross
Earnings.
Operating
Expenses.
Net Earnings.
Interest.
Dividends.
p.c.
September 30, 1870
1871
$1,656,169 36
1,576,694 23
$987,495 48
1,135,572 36
$668,678 88
441,121 87
$117,338 22
107,839 53
$215,526 31
187,125 00
7
a
1872
1,748,915 25
1,144,691 60
604,223 68
134,750 00
420,000 00
7
1873
1,965,857 58
1,062,784 71
903,072 87
Not reported.
Not reported.
1874 .. ..
A. and S.
A. and S.
A. and S.
A. and S.
A. and S.
1875
A. and S.
A. and S.
A. and S.
A. and S.
A. and S.
December 31, 1876 .. .
1,981,234 34
1,286,448 35
694,785 99
141,910 00
541 sm oo
8
" 1877
1,826,942 17
1,166,747 44
660,194 73
141,910 00
548,328 00
8
BAILEOAD MANUAL OF THE UNITED STATES.
145
Included in the earnings and expenses for 1876 and 1877 are those of the N. Y.
and Canada R. R.
Financial Statement, December 31, 1877.— Capital stock, $6,854,100 ; funded
debt, $1,925,000— total, $8,779,100. Per contra : Cost of construction, $6,661,770.34;
equipment, $1,829,076 ; real estate, etc., $1,328,909.24— total, $9,819,755.58.
Statement of the funded debt in detail :
Character of Bonds.
Date.
Rate.
Interest
Payable.
Principal
Due.
Amount
Authorized.
Amount
Outstanding.
Mortgage
1871.
7 p c.
May and Nov.
1921
$2,000,000
$1,925,000
Directors and Officers. — See Delaware and Hudson Canal Co.
ALBANY AND VERMONT RAILROAD.
Organized February 20, 1851, as Albany Northern R. R. Co., and road opened
July 1, 1853. It extends from Albany, N. Y., to Waterford Junction, 12.18 miles.
Reorganized in 1853 as Albany, Vermont and Canada R. R. Co., and under present
title October 6, 1869. Leased in perpetuity, June 12, 1860, to Rensselaer and Sara-
toga R. R. Co., and transferred, with lease of that company, to D. and H. Canal Co.
in 1871. Lease rent, $20,000. .
Financial Statement, September 30, 1877.— Capital stock, $600,000. Nominal
cost of road, $600,000.
E. THOMPSON GALE, President Troy, N. Y.
GLEN'S FALLS RAILROAD.
Organized July 26, 1867, and road opened in 1869. It extends from Fort Edward
to Glen's Falls, N. Y., 5.74 miles. Leased to R. and S. R. R. Co., and operated by
the D. and H. Canal Co.
Financial Statement, September 30, 1877.— Capital stock, $200,000; paid in,
$96,739.50 ; and funded debt, 1st mortgage 7 per cent, bonds, $10,000 — total stock
and bonds, $106,639.50. Per contra : Construction, $224,639.50
GEORGE H. CRAMER, President Troy, N. Y.
SARATOGA AND SCHENECTADT RAILROAD.
Chartered February 16, 1831, and road opened in 1833. It extends from
Schenectady to Saratoga, 21 miles, but the portion from Ballston to Saratoga is now
used as part of the main line, leaving the line from Schenectady to Ballston as a
10
146
RAILROAD MANUAL OF THE UNITED STATES.
branch, 14.97 miles long, connecting the R. and S. R. R. with, the A. and S. 6. R.
Leased in perpetuity to R. and S. R. R., January 1, 1851, and operated by the D. and
H. Canal Co. Lease rent, $31,750.
Financial Statement, September 30, 1877.— Capital stock, $450,000 ; and funded
debt, 1st mortgage 7 per cent, bonds, $9,000. Per contra: Cost of road, etc.,
$484,684.15. «
GEORGE H. CRAMER, President Troy, N. Y.
WEST TEOY AND GEEEN ISLAND KAILEOAD.
Organized October 15, 1870, and road opened in 1873. It extends from West
Troy to Green Island, N. Y., 1.07 mile, and was built by the D. and H. R. R. Co. All
operations included in those of the R, and S. R. R. Co.
Financial Statement, September 30, 1877. — Capital stock authorized, $30,000 ;
subscribed, $30,000; paid in, $3,200. Cost of road, $140,^60.66.
GEORGE H. CRAMER, President Troy, N. Y.
NEW YOEK AND CANADA EAILEOAD.
Line of Road.— Whitehall, N. Y., to Rouse's Point, N. Y 112.93 miles.
Branches, named below 36.98 "
Total length of line owned and operated 149.91 miles.
Sidings, etc., 16.03 m. Gauge, 4 feet 8| inches. Rail, 62 Ibs. Steel rails, 31 m.
This company was organized March 1, 1873, as the successor of the Whitehall and
Plattsburg and Montreal and Plattsburg R. R. Cos. The road was completed Sep-
tember 18, 1876. The two companies to which it succeeded had built and operated
detached portions of the line — from Canada Line to Ausable — for some years. The
roads were leased to the D. and H. Canal Co. from date of organization of N. Y. and
Canada R. R. Co., and are operated by that Co., which virtually owns the entire line.
The branches are as follows :
West Chazy to Province Line 12.78 m.
Plattsburg to Ausable 19.82 "
Lake Champlain to Lake George. .4.38 m.
Total 36.98m.
Rolling Stock. — Included in R. and S. R. R. Co.
Operations for year ending December 31, 1877. — Trains run — passenger, 174,454;
freight, 105,708 — total, 280,165 miles. Passengers carried, 103,762 ; carried one mile,
4,248,762. Freight moved, 191,919 ; moved one mile, 10,322,312 tons. Earnings,
expenses, etc., included in R. and S. R. R. Co.
General Balance, December 30, 1877.
Construction -.....$8,137,315 33
Real Estate, etc 125,97071
$8,263,286 04
Capital Stock $4,000,000 00
Funded Debt 4,000,000 00
Floating Debt (Due D. and H. C. Co.) 263,286 04
$8,263,286 04
RAILROAD MANUAL OF THE UNITED STATES.
Statement of funded debt in detail :
147
Character of Bonds.
Date.
Rate.
Interest
Payable.
Principal
Due
Amount
Authorized.
Amount
Out-
standing.
1874
6 p c gold
May and Nov
1904
£800000
£800 000
Directors and Officers. — Same as Delaware and Hudson Canal Co.
LAWAEE, LACKAWANNA, AND WESTEEN EAILEOAD.
(As Lessee.)
i'he Delaware, Lackawanna, and Western Railroad Co., as Lessee, operates in the
ate of New York 312.09 miles of railroad, as follows :
Cay uga and Susquehanna R. R. 34. 61 miles.
Greene R. R 8.00 "
Oswego and Syracuse R. R. . .34.98 "
Rome and Clinton 12.70 "
Syracuse, Binghamton, and
New York R. R.. ..81.00 "
Utica, Chenango, and Susque-
hanna Valley R. R 98.00 miles.
Utica, Clinton, and Bingham-
ton R. R 31.30 "
Valley R. R 11.50 "
Their operations, financial condition, etc., are here given.
CAYUGA AND SUSQUEHANNA EAILEOAD.
Line of Road.— Owego, N. Y., to Ithaca, N. Y 34.61 miles.
Sidings, etc., 6 miles. Gauge, 6 feet. Rail, 56 and 60 Ibs.
Chartered as the Ithaca and Owego R. R. Co. January 28, 1828, and road opened
April 1, 1834. Reorganized April 13, 1843, under present title. On the 1st of January,
1855, it was leased in perpetuity to the Delaware, Lackawanna, and Western R. R.
Co., at an annual rental of $54,600, that company supplying the rolling stock.
Operations for year ending September 30, 1877.— Trains run— passenger, 41,580 ;
and freight, 38,040— total, 79,620 miles. Passengers carried, 26,387: carried one
mile, 522,734. Freight moved, 63,297 tons ; moved one mile, 1,981,406 tons.
Earnings.
From Passengers $18,201 07
" Freight, etc 46,76543
Expenditures.
For Maintenance of Way $36,636 30
" Transportation, etc 48,54711
$85,183 41
Balance— deficit, $20,216.91. Payments— dividends, 9 per cent., $53,019.90— by
lessees :— total loss to lessees, $73,236.81.
$64.966 50
148
BAILKOAD MANUAL OF THE UNITED STATES.
Abstract of operations and earnings for ten years :
Years.
Train
Miles.
Passen-
gers.
Freight
Tons.
Gross
Earn-
ings.
Net
Earn-
ings.
Years.
Train
Miles.
Passen-
gers.
Freight
Tons.
Gross
Earn-
ings.
Net
Earn-
ings.
1867-68
108,762
36,916
171,495
$
174,010
$
*9,627
1872-73.
93,116
33,496
153,147
1
145,390
I
2,732
1868-69 102,980
45,328
124,028
151,052 *52,358
1873-74.
106,823
34,681
104,775
10(5,014
* 18,091
1869-70 113,775 1 46,150
142,612
162,711
*11,886
1874-75.
110,099
31,406
122,744
113,036
4,875
1870-71
89,241 i 42,607
97,607
137,990
8,807
1875-76.
90.598
33,158
72,225
75,314
*4,984
1871-72
104,546
37,373
120,349
132,433
6,182
1876-77.
79,620
26,381
63,297
64,967
*20,217
* Deficit.
Financial Statement.— Capital stock, $589,110. Cost of road, $744,087.16.
THOMAS W. GALE, President New York City.
Treasurer and Secretary Percy R. Pyne. | Superintendent William R. Humphreys.
PRINCIPAL OFFICE AND ADDRESS No. 44 South Street, New York City.
GEEENE KAILKOAD.
Line of Road. — Greene, N. Y., to Chenango Forks, N. Y 8 miles.
Sidings, etc., 1 mile. Gauge, 4 feet 8| inches. Rail, 50 to 62 Ibs.
Organized October 18, 1869, and road opened November, 1870. It is leased to
D., L. and W. R. R. Co., at an annual rental of 6 per cent, on capital and interest on
boude.
Boiling1 Stock. — Locomotive engines, 2. Cars — passenger, 1 ; freight, 1.
Operations for year ending September 30, 1877. — Trains run — passenger, 10,016,
and freight, 14,098 — total, 24,114 miles. Passengers carried, 39,551 ; carried one mile,
277,931. Freight moved, 173,717 ; moved one mile, 1,360,413 tons.
Earnings.
From Passengers $11,371 76
" Freight, etc 25,07432
$36,446 08
Expenditures.
For Maintenance of Way $9,718 87
' ' Transportation , etc 20,289 33
$30,008 20
Net earnings, $6,437.88. Payments by lessees — dividends, $12,000 ; interest,
$13,650— total, $25,650 :— net loss to lessees, $19,212.12.
Abstract of operations and earnings for six years :
Years.
Train
Miles.
Passen-
gers.
Freight
Tons.
Gross
Earn-
ings.
Net
Earn-
ings.
Years.
Train
Miles.
Passen-
gers.
Freight
Tons.
Gross
Earn-
ings.
Net
Earn-
ings.
1871-72.
1872-73.
1873-74.
20,824
23,658
23,688
37,773
39,477
39,282
151,848
160,837
165,014
$35,718
41,115
36,490
$5,612
10,873
2,734
1874-75.
i 1875-76.
1876-77.
26,998
24,022
24,114
37.466
43,626
39,551
208,369
180,657
173.717
$41,314
38,945
36,446
$2,689
4,345
6,438
Financial Statement, September 30, 1877.— Capital stock, all paid in, $200,000 ;
funded debt, $200,000 ; floating debt, $85. 50— total, $400,085.50. Per contra : Cost
of road and equipment, $400,085.50.
MAURICE BIRDS ALL, President Greene, N. Y.
Treas. and Sec.—J. E. Juliand Greene, N. Y. | Superintendent— W . G. Oakman Scranton, Pa.
PRINCIPAL OFFICE AND ADDRESS 26 Exchange Place, New York.
BAILROAD MANUAL OP THE UNITED STATES.
149
OSWEGO AND SYBACUSE EAILEOAD.
Line of Road. — Oswego, N. Y., to Syracuse, N. Y 34.98 miles.
Sidings, etc., 19.48 miles. Gauge, 4 feet 8i inclies. Rail, 56 and 62 Ibs.
Chartered April 29, 1839, and charter amended May 14, 1845. Road opened May
14, 1848. Leased in 1868 to D., L. and W. R. R. Co., at an annual rental of 9 per cent.
on capital stock and interest on funded debt.
Rolling Stock. — Locomotive engines, 16. Cars — passenger, 13 ; baggage, mail,
and express, 6 ; freight, 285 — total revenue cars, 304.
Operations for year ending September 30, 1877. — Trains run — passenger, 84,044;
and freight, 135,474 — total, 219,518 miles. Passengers carried, 145,398 ; carried one
mile, 2,409,727. Freight moved, 280,650 tons ; moved one mile, 8,956,104 tons.
Earnings.
From Passengers -. $90,737 44
" Freight 189,49995
Miscellaneous 37,944 47
$318,181 86
Expenditures.
For Maintenance of Way $51,660 54
" RollingStock 31,45139
" Transportation, etc 130,712 63
$213,824 56
Balance — net earnings, $104,357.30. Payments — interest, $26,490.35 ; and divi-
dends (9 per cent.), $118,836 — total, $145,326.35. Excess of payments by lessees over
earnings, $40,969.05.
Abstract of operations and general account for ten years :
06
Years.
Miles
R.R.
V
a
•a
Cars.
Train
Miles.
Passen-
gers.
Freight
Tons.
Gross
Earnings.
Net
Earnings.
Capital
Stock.
Funded
Debt.
Cost of
R. R., etc.
a
H
1867-68.
35
6
77
92,620
189,778
79,689
$269,031
$81,168
$482,400
$573,500
$1,398.754
1868-69
35
7
78
112,232
165,637
107,035
280,555
60,907
490,400
591,000
1,445:987
1869-70.
35
10
172
130,138
180,358
216,730
349,634
&5,659
793,400
201,000
1,641,313
1870-71.
35
11
229
166,568
186,707
170.816
328,048
71,251
1,141,400
201,000
1,369,324
1871-72.
35
11
274
232,069
171,932
232,801
354,880
73,878
1,144,400
180,000
1.445,115
1872-73.
35
11
282
245,356
178,828
300,797
397,744
89,110
1,150,400
174,000
1,512,670
1873-74.
35
12
320
240,254
184,088
310,046
400,961
101,629
1,320,400
173,500
1,574,735
1874-75.
35
16
319
294,075
174,131
362,068
406,043
99,162
1,320,400
123,500
1,690,583
1875-76.
35
16
323
264,792
179,964
324,716
382,974
117,332
1,320,400
123,500
1,709,769
1876-77.
35
16
304
219,518
145,398
280,650
318,182
104,357
1,320,400
461,500
1,756,537
Financial Statement, September 30, 1877.— Capital stock, $1,320,400; funded
debt, 1st mortgage 7 per cent, bonds, guaranteed and payable by lessees — coupons,
May and November, and principal May 1, 1885, $123,500, and 1st consolidated guaran-
teed mortgage 7 per cent, bonds, December 28, 1876, redeemable March 1, 1907, in-
terest March 1 and September 1, $338,000. Floating debt, $31,052.06— total stock,
bonds, and debt, $1,812,952.86. Per contra: Cost of road and equipment, $1,756,537.08.
Directors (elected 1877).— Samuel Sloan, Moses Taylor, W. E. Dodge, Percy R.
Pyne, George Bliss, W. W. Phelps, and Charles E. Carryl, New York City ; Luther
Wright, Gilbert Mollison, and Thompson Kings ford, Oswego, N. Y.; E. F. Holden,
Syracuse, N. Y.
SAMUEL SLOAX, President 26 Exchange Place, New York City.
150
RAILROAD MANUAL OP THE UNITED STATES.
EOME AND CLINTON EAILKOAD.
Line of Road. — Rome, N. T., to Clinton, N. Y 12.7 miles.
Sidings, etc., 1 mile. Gauge, 4 feet 8£ inches. Rail, 60 Ibs.
This company was organized June 3, 1869, and the road opened in January, 1872.
It was leased at its completion to the New York and Oswego Midland R. R. Co., for
99 years from January 1, 1872, and afterwards leased to the Delaware and Hudson
Canal Co., at an annual rent of $25,000. For the last year the road has been operated
by the Delaware, Lackawanna and Western R. R. Co., but the rental is paid by the
D. and H. Canal Co.
Rolling- Stock. — Supplied by lessees.
Operations for year ending September 30, 1877. — Trains run, passenger, 7,971 ;
freight, 8,575 — total, 16,546 miles. Passengers carried, 32,936 ; carried one mile,
230,097. Freight moved, 18,714 ; moved one mile, 205,554 tons.
Earnings.
From Passengers $6,65444
" Freight, etc 13,155 37
$19,809 81
Expenditures.
For Maintenance of Way $16.028 41
" Transportation, etc 19,851 74
$35,880 15
Balance, deficit, $16,070.34. Loss to lessees, $41,070.34.
Financial Statement, September 30, 1877. — Capital stock authorized, $370,000 ;
paid in, $275,000. Funded debt 1st mortgage 7 per cent, bonds, $20,000 ; and floating
debt, $9,000. Total, stock, bonds, and debt, $304,000. Expended on road, etc.,
000.
WILLIAM S. BAKTLETT, President Clinton, N. Y.
SYEACUSE, BINGHAMTON AND NEW YOEK E. E.
Line of Road. — Syracuse, N. Y., to Binghamton, N. Y 81 miles.
Sidings, etc., 23 miles. Gauge, 4 feet 8% inches. Rail, 58 to 60 Ibs.
Chartered August 13, 1851, as Syracuse and Binghamton R. R. Co., and road
opened October 23, 1854. Reorganized under present title April 30, 1857, the former
company having sold the road under foreclosure, in consequence of default in interest
on the bonded debt. In 1857 a contract was made with the Delaware, Lackawanna
and Western R. R. Co, under which the road has since been operated.
Rolling Stock. — Locomotive engines, 11. Cars — passenger, 9 ; baggage, mail, and
express, 2 ; and freight, 320— total revenue cars, 331.
Operations for year ending September 30, 1877. — Trains run — passenger, 166,163;
freight, 265,833 — total, 431,996 miles. Passengers carried, 189,361 ; carried one mile,
4,481,629. Freight moved, 495,228 tons ; moved one mile, 36,895,504 tons.
RAILKOAD MANUAL OF THE UNITED STATES.
151
Earnings.
From Passengers $146,576 44
" Freight,etc 360,86148
" Mail and Express, etc 51,603 13
$559,041 05
Expenditures.
For Maintenance of Way $157,754 51
" Rolling Stock 77,341 82
" Transportation, etc 181,297 98
$416,394 51
Balance — net earnings,
surplus, $1,646.54.
,646.54. Payments— interest, $141,400 ; balance,
Abstract of operations and financial condition for ten years :
<c
JM
a
•5b
H
00
55
Train
Miles.
Passen-
gers.
Freight
Tons.
Gross
Earn-
Net
Earn-
Capital
Stock.
Bonds.
Cost of
Construc-
A
ings.
ings.
tion, etc.
1867-68.
81
12
221
342,155
245,577
424,573
$559,628
$211,737
$1,470,130
$1,745,000
$3,468,115
1868-69.
81
12
291
271,077
260,763
291,317
579,307
132,564
1,470,130
1,707,050
3,551,906
1869-70.
81
14
353
429,182
263,640
565,595
744,022
309,912
1,670,130
1,695,825
3,707,684
1870-71.
81
16
360
334,431
246,860
399,660
620,768
150,008
1,670,130
1,670,100
3,867,059
1871-72.
81
16
405
449,520
186,606
533,355
713,585
216,482
2,004,000
1,670,100
3,906,297
1872-73*.
81
17
372
474,718
192,539
619,990
769,652
281,920
2,004,000
1,670,100
4,036,139
1873-74.
81
17
372
389,585
185,559
543,420
702,457
227,323
2,004,000
1,670,100
4,044,029
1874-75.
81
15
327
500.855
197,878
624,086
750,441
194,891
2,004,000
1,670,025
4,044,029
1875-76.
81
7
331
441,554
212,835
515,673
6 ,'0,178
164,849
2,004,000
1,670,000
4,039,029
1876-77.
81
11
331
431,996
189,361
495,228
559,041
142,647
2,004,000
2,119,525
4,039,029
Financial Statement, September 30, 1877.— Capital stock, $2,004,000 ; funded
debt, $2,119,525 ; and floating debt, $147,237.12— total, stock, bonds, and debt, $4,270,-
762.12. Per contra: Cost of road and equipment, $4,039,029.43.
Character of Bonds.
Date of Bonds.
Inter-
est.
When
Payable.
Principal,
When Due.
Amount
Author-
ized.
Amount
Outstand-
ing.
1st Mortgage
Past due.
Oct. 1 1876
$99 500
Union R. R. Mortgage
April 1, 1870
25
2d Mortgage .... . ...
June'l 1867
7
June and Dec
June 1 1887
$600 000
270 000
1st Consolidated guaranteed
Oct. 2, 1876.
7
April and Oct.
Oct. 1, 1906
2,500,000
1,750,000
SAMUEL SLOAN, President 26 Exchange Place, New York City.
UTICA, CHENANGO AND SUSQUEHANNA VALLEY E. K.
Line of Road* — Utica, N. Y., to Greene, N. Y . . .76 miles.
Branch : Cassville, N. Y., to Richfield Springs, N. Y 22 "
Total length of line owned and operated 98 miles.
Sidings, etc., 19.5 miles. Gauge, 4 feet 8£ inches. Rail, 56 and 62 Ibs.
Organized January 11, 1866, and road completed in 1872. Leased to Delaware,
Lackawanna and Western R. R. Co. at an annual rent of 6 per cent, on capital stock.
152
RAILROAD MANUAL OF THE UNITED STATES.
Rolling Stock. — Locomotive engines, 17. Cars — passenger, 14 ; baggage, mail,
and express, 7 ; and freight, 3— total revenue cars, 24.
Operations for year ending September 30, 1877. — Trains run — passenger, 121,936;
freight, 154,827 — total, 276,763 miles. Passengers carried, 244,642 ; carried one mile,
5,022,929. Freight moved, 191,503 tons ; moved one mile, 12,012,188 tons.
Earnings.
From Passengers $137,884 93
" Freight 286,02507
" Mail, Express, etc 18,71662
$442,626 62
Expenditures.
For Maintenance of Way $106,907 64
" Rolling Stock 17,93075
" Transportation, etc 205,251 87
$330,090 26
Balance — net earnings $112,536.36. Payments— dividends, 6 per cent., $240,000.
Excess of dividends, $127,463.64, paid by lessees.
Abstract of operations and financial account for six years :
Jtf
GO
B
=
'So
a
Cars.
Train
Miles.
Passen-
gers.
Freight
Tons.
Gross
Earn-
ings.
Net
Earn-
ings.
Capital
Stock.
Debt.
Construc-
tion, etc.
W
1871-72
OR
17
84
228 887
246 101
173749
$424 792
$32245
$2.908,600
$3,624,475
1872-73.
98
17
84
277,202
252,774
278,053
458,660
95,756
3.783,700
$263,733 00
3,946,501
1873-74.
98
17
84
278,082
253,327
182,726
434,729
46.565
3,783,700
263,733 00
4,047,433
1874-75.
98
19
84
299,932
271,011
221,213
493,177
39,838
4,000,000
135,040 00
4,135,035
1875-76.
98
17
84
287,377
281.397
195,277
462,541
64,635
4,000,000
132,455 00
4,044,609
1876-77.
98
17
24
276.763
244,642
191,503
442,627
112,536
4,000,000
145,923 73
4,145,924
In addition to the cars mentioned above, the company have a large number of
coal cars, number not stated.
Financial Statement, September 30, 1877.— Capital stock, $4,000,000; floating
debt, $145,923.73— total stock and debt, $4,145,923.73. Per contra : Cost of road and
equipment, $4,145,923.73.
SAMUEL SLOAN, President 26 Exchange Place, New York City.
LTTICA, CLINTON AND BINGHAMTON KAILKOAD.
Line of Road.— Utica, N. Y., to Smith's Valley, K Y 31.30 miles.
Sidings, etc., 5 miles. Gauge, 4 feet 8£ inches. Rail, 50 and 58 Ibs.
Organized December 19, 1869, and road opened in 1872. Leased on completion
to New York and Oswego Midland R. R. Co., and on the bankruptcy of that road, to
the Delaware and Hudson Canal Co., at an annual rental of $70,000. Operated during
the last year by the Delaware, Lacka wanna and Western R. R. Co., but rental paid
by D. and H. Canal Co.
Rolling Stock. — Locomotive engines, 2 ; cars, 5.
Operations for year ending September 30, 1877. — Trains run — passenger, 25,575 ;
freight, 24.033 — total, 49,608 miles. Passengers carried, 80,174 ; carried one mile,
880,792. Freight moved, 70,430 ; moved one mile, 1,549,460 tons.
RAILROAD MANUAL OF THE UNITED STATES.
153
Earnings.
From Paesengers $32,784 51
" Freight, etc 49,75823
$82,542 74
Expenditures.
For Maintenance of Way $24,042 63
" Transportation, etc 29,777 61
$53,820 24
Balance — net earnings, $28,722.50. Payments : interest on funded debt, $56,000.
Balance, loss to lessees on interest payment, $27,277. 50.
Abstract of operations and capital account for two years :
Years.
Miles.
R. R.
Engines.
6
Train
Miles.
Passen-
gers.
Freight
Tons.
Gross
Earn-
ings.
Net
Earn-
ings.
Interest
Capital
Stock.
Funded
Debt.
Construc-
tion.
1875-76
1876-77
31.3
31.3
2
2
5
5
49,429
49,608
81,216
80,174
87,543
70,430
$84,799
82,543
$7,313
28,723
$66,000
56,000
$640,326
640,326
$800,000
800,000
$1,299,517
1,299,517
Financial Statement, September 30, 1877. — Capital stock authorized, $1,000,000 ;
paid in, $640,325.70; funded debt, $800,000; floating debt, $53,500. Total stock,
bonds and debt, $1,493,825.70. Per contra: Cost of R. R. and equipment, $1,299,517.40.
O. S. WILLIAMS, President Clinton, N. Y.
PRINCIPAL OFFICE AND ADDRESS Utica, N. Y.
VALLEY EAILKOAD.
Line of Road. — Binghamton, N. Y., to State Line, Pa 11.5 miles.
Sidings, etc., 1 mile. Gauge, 4 feet 8£ inches. Rail, 60 and 68 Ibs.
Organized March 4, 1869, and the road opened in 1871. It connects the Syracuse,
Binghamton and New York R. R. with the Delaware, Lackawanna and Western
R. R., and is operated under lease by the latter company at an annual rental of 8 per
eent. on the capital stock.
Rolling Stock. — Furnished by lessees.
Operations for year ending September 30, 1877. — Trains run — passenger, 23,711 ;
and freight and coal, 43,207 — total, 66,918 miles. Passengers carried, 67,841 ; car-
ried one mile, 741,842. Freight moved, 656,061 ; moved one mile, 7,197.75 tons.
Earnings.
From Passengers $17,675 57
" Freight, etc 125,73086
$143,406 43
Expenditures.
For Maintenance of Way $26,321 83
" Transportation, etc 60,044 71
$86,366 54
Balance— net earnings, $57,039.89. Payments — dividends (8 per cent.), $60,000.
Deficit, $2,960.11.
154 RAILROAD MANUAL OF THE UNITED STATES.
Financial' Statement.— Capital stock, $750,000. Floating debt, $92,900.92. Total,
$842,900.92. Per contra : Cost qf road and appurtenances, $842,900.92.
MOSES TAYLOK, President New York City.
Officers.— Same as D., L. and W. R. R. Co., 26 Exchange Place, New York City.
ELMIEA STATE LINE BAILKOAD.
Line of Road.— Elmira, N. Y., to State Line, N. Y 6.52 miles.
Sidings, 0.75 mile. Gauge, 4 feet 8£ inches. Rail, 66 Ibs. to yard.
Organized April 24, 1872, and road opened November, 1876. At State Line it
connects with the Tioga R. R., to which it is leased.
The road connects with the Northern Central Railway 3 miles below Elmira, so
that the length actually operated is 9.53 miles.
Rolling Stock,— Not reported.
Operations for year ending September 30, 1877. — Included in lessees' report.
Payments by lessees: Interest, $11,030.90; dividends, $2,044.
Financial Statement, September 30, 18*77.— Capital stock authorized, $100,000 ;
paid in, $90,200 ; funded debt, 1st mortgage 7 per cent, bonds, due October 1, 1905,
$160,000— total stock and debt, $250,200. Cost of road to date, $190,192.45.
FRANKLIN N. DRAKE, President Corning, N. Y.
PRINCIPAL OFFICE AND ADDRESS Elmira, N. Y.
EEIE EAILWAY.
Line of Road.— Jersey City, N. J., to Dunkirk, N. Y 460.03 miles.
Branches named below (7.92 miles, double track) 96.54 "
Leased lines, not included in main line (30.19 miles, double track).. : . . .363.76 "
Other lines operated 36.40 "
Total length of railroad owned, leased, and operated 956.73 miles.
Double track, 306.06 ; sidings, 362.13 ; third rail, 409.73 miles. Gauge, 6 feet, and 4
feet 8-J- inches. Rail, 63 Ibs. to yard. Steel rails, 340.97 miles.
The New York and Erie Railroad Company was chartered by the Legislature of
New York, April 24, 1832 ; the line of road was to be wholly within the State of New
York. Construction was commenced in 1836, and in September, 1841, the section
from Piermont to Goshen was opened. The State, in 1836, had agreed to loan it
credit to the amount of $3,000,000, to aid in building the road, and up to February,
1844, $4,736,949 had been spent in construction, of which $2,599,514 was the pro-
ceeds of the State loan. On the 14th of May, 1845, the State agreed to release its
claim upon the road, provided the line should be completed in six years, and the
road was opened from the Hudson River to the Lake, April 22, 1851. The charter
BAILROAD MANUAL OF THE UNITED STATES.
155
had been so modified that the road was allowed to pass through a small part of
Pennsylvania on payment of $10,000 per year.
To establish direct connection with New York City, the Union, Paterson and Ram-
apo, and Paterson and Hudson R. Rs. were built, and leased in perpetuity to the
company. They are reckoned as part of the main line of road, and the portion from
Sufferns to Piermont is treated as a branch.
In 1859 the road was placed in the hands of a Receiver, on account of default on
the interest of its bonds, and in 1861 was reorganized under the name of the Erie
Railway Company. On the 26th of May, 1875, it was again placed in the hands of a
Receiver, in whose hands it yet remains.
RECAPITULATION OP ENTIRE LINE IN MILES.— SEPTEMBER 30, 1877.
First
Track.
Second
Track.
Side
Track.
Third
Rail.
Total
Length of
Track.
OWNED.
Main Line
460.03
17.97
18.73
59.85
267.01
200.86
5.36
9.52
16.56
157.85*
1,006.83
23.33
28.25
127.54
Piermont Branch
Buffalo Branch
7.92
86.42*
Total
556.57
10.22
11.65
12.59
10.91
23.80
36.69
16 33
25.97
139.95
23.28
4.26
18.26
17.56
12.29
'274.93
232.30
1.46
.81
1.47
2.06
9.86
6.62
5.48
6.23
61.61
10.74
2.11
4.92
1.96
1.20
244.27*
1,185.95
11.68
12.46
14.06
12.97
33.66
62.99
21.80
32.20
277.70
50.19
6.37
23.18
19.52
13.49
LEASED LINES.
Montgomery and Erie R. R
Goshen and Deckertown R. R
Newburg and New York R. R
Paterson, Newark and New York R. R
Hawley and Honesdale Branches
Jefferson Branch
39.36*
Barclay R. R
Buffalo, Bradford and Pittsburg R. R
Buffalo, New York and Erie R. R
30.19
91.91*
Suspension Bridge and Erie Junction R. R
Erie International Railway
32.35*
Rochester and Genesee Valley R. R
Avon, Geneseo and Mount Morris R. R
Erie and Genesee Valley R. R
Total leased lines
363.76
5.67
5.11
25.67
30.19
116.54
2.54
6.66
5.00
163.62*
1.85
592.28
10.02
10.85
30.66
LINES OPERATED.
Newark and Hudson R. R
Weehawken Branch and Fort Lee R. R
Northern of New Jersey and Nyack R. R
Total operated
36.40
13.29
1.85
51.53
Aggregate
956.73
305.12
362.13
409.73*
1,829.76
* Reduced to equivalent single track in totals.
Main Line in New Jersey, 30.09 m. ; in New York, 387.79 ; in Pennsylvania,
42.15 m.
The Buffalo, Bradford and Pittsburg R. R. was consolidated July 20, 1875, with
the Pittsburg, Buffalo and Rochester, and the Brandy Camp R. Rs., under the title of
the Pennsylvania and Erie Coal and Railway Company.
The following statement shows in detail the contracts under which the various
leased and branch lines were operated for year ending September 30, 1877 :
156
EAILBOAD MANUAL OF THE UNITED STATES.
Name of Line.
Annual Rental.
When Paid.
Date of Contract.
Paterson and Hudson, Paterson |
and Ramapo, and Union j
$78,400
January and July.
I Monthly.
do.
January and July.
Monthly.
September 10, 1852.
December 11, 1868.
November 4, 1869.
December 18, 1868.
October 5, 1866.
February 27, 1863.
January 30, 1872.
September 8, 1868.
December 16, 1871.
January 18, 1872.
June 9, 1862.
January 1, 1869.
Jan. 1, '69, Nov. 30, 70.
July 1, 1871.
January 1, 1872.
November 8, 1871.
January 5, 1866.
July 13, 1870.
December 31, 1868.
(Siding . ... 2000
W^ehawken Branch
-^Land 2,500
New York and Fort Lee R. R
(Trackage. .. 18,200
1 ct per ton per mile.
$17,500
Buffalo, New York and Erie R. R. . .
238,100
Newark and Hudson R R ....
Not stated.
35,000
January and July.
Jan., Ap., July & Oct.
do.
January and July,
do.
do.
do.
do.
do.
do.
do.
Monthly.
22,000
Goshen and Deckertown R. R
18,500
Hawley Branch. . .
35,000
21,000
Jefferson Branch .
140,000
Rochester and Genesee Valley R. R.
Avon, Geneseo and Mt. Morris R. R.
Erie and Genesee Valley R R
34,012
15,000
8,400
Buffalo, Bradford & Pittsburg R. R.
Suspension Br. and Erie Junct. R. R.
Northern R. R. of New Jersey
.... . 40,600
70,000
35 p. c. gross earnings.
5,333,33
D., L. & W. R. R. Rent of Tr. 8 mos.
Boiling Stock. — Locomotive engines, 466. Cars — passenger, 1st class, 237 ; 2d
class, 67 ; baggage, mail, and express, 97 ; and freight, 11,298 — total of all cars, 11,699.
*
Statement of road and rolling stock yearly for ten years :
Close of Fiscal Years.
Miles of Track.
Locomotive
Engines.
Car Equipment.
Main
Line.
Branch
and
Leased
Lines.
Second
and
Third
Tracks
and
Sidings.
Total
Track.
Passenger.
<jT«
bc~S
«s
Fr'ght,
Stock,
etc.
Total
(8-wh.)
Cars.
1st
Class.
2d
Class.
1867-68
459.00
459.00
459.00
459.00
459.00
459.00
459.00
459.00
460.03
460.03
314.00
364.25
386.75
455.00
500.00
500.00
500.00
483.50
495.75
496.70
399.00
431.25
449.75
508.25
505.50
572.83
574.16
700.93
847.51
873.03
1,172.00
1,254.50
1,295.50
1,422.25
1,464.50
1,531.83
1,533.16
1,643.43
1,803.29
1,829.76
371
404
440
475
488
497
469
461
468
466
187
213
220
220
223
250
200
198
241
237
56
54
54
54
44
44
69
67
67
67
60
71
71
71
76
81
75
93
99
97
6,040
7,447
8,840
9,866
9,223
10,373
10,775
11,274
11,337
11,298
6,343
7,785
9,185
10,220
9.566
10^48
11,119
11,632
11,744
11,699
1868-69
1869-70
1870-71
1871-72
1872-73
1873-74
1874-75
1875-76
1876-77
Operations for year ending September 30, 1877. — Trains run — passenger,
2,988,292 ; freight, 7,686,664 ; other, 1,913,036— total, 12,587,998 miles. Passengers
carried, 4,887,238; carried one mile, 170,888,580. Freight moved, 6,182,451 tons;
moved one mile, 1,114,586,220 tons. Coal (included in freight) moved in cars, 3,248,110
tons. Classification of freight : products of the forest, 220,387 ; products of animals,
385,779 ; vegetable food, 706,591 ; other agricultural products, 127,285 ; manufac-
tures, 369,321; merchandise, 665,014; and other articles, 459,984— total, 6,182,451
tons.
RAILROAD MANUAL OF THE UNITED STATES.
157
Earnings.
From Passengers $3,220,089 88
" Freight 10,647,807 38
" Mail and Express 680,95684
" Rents 18,11320
Miscellaneous 141,922 62
Expenditures.
For Road Bed and Iron $1,710,294 58
" Buildings, Fences, etc 585,234 88
" Repairs of Engines, Cars, etc 1,981,059 37
" Transportation, etc 5,616,841 89
Miscellaneous 1,006,408 88
$10 899,839 60
$14,708,889 92
Balance — net earnings, $3,809,050.32.
The above statement refers to earnings and expenses from the operations of the
Railway proper.
Profit and Loss account, year ending September 30, 1877.'
Receipts.
Pavonia Ferry and R. R $243,859 26
Baggage Express 62,635 61
Weehawken Docks 85.817 07
Grand Opera House, etc 81,583 91
Interest and Royalty 253,772 86
$727,668 71
Add Net Earnings 3,809,050 32
Payments.
Interest on Bonded Debt, . $933,844 50
Long Dock Bonds 210,000 00
Guaranteed Interest 133,000 00
Loans and Mortgages 286,126 79
Rentals Leased Lines 736,647 94
Taxes, and Premium on Gold 52,002 53
Ferries, Docks, etc 452,308 43
Claims, Judgments, etc 159,953 35
$4,536,719 03 $2,963,883 54
Balance, earnings for year over actual payments, $1,572,835.49. Interest for
year, accrued but not paid, $2,873,920, making deficit for the year, from all opera-
tions, $1,301,084.51.
Abstract of operations for ten years :
I.— TRAIN MILEAGE, AND PASSENGER AND FREIGHT MOVEMENT.
Fiscal Years.
Passen-
ger
Train
Miles.
Freight,
etc.,
Miles.
Total
Train
Miles.
Passen-
gers.
Mileage.
Freight
(Tons).
Mileage.
1867-68
2,471 594
4 411 376
6 88° 970
2 194 348
124 312 894
3 908 243
595,699,225
1868-69
2,837,407
4?924'l72
7 761 579
2 497 113
128 455 158
4,312,209
817,829,190
1869-70
2,990 189
6 426' 190
9 326 176
3 °75 025
133 589 109
4 852,505
898,862,718
1870-71
3.068,701
7 511 065
10 579 766
3 509 462
148 242 790
4,844,202
897,446,728
1871-72
3,314,453
9 004 061
12 318 504
3 598 988
156 143,351
5,564,574
965,925,302
1872-73
3,436,095
10 261 365
13 697 460
3 922 156
164 633 424
6 312,702
1,032,986,809
1873-74
3,251,941
9 863 760
13 123 701
4223'l30
160 204 125
6,364,276
1,047,420,238
1874-75
3,202 392
9 405 024
12 607 416
5 052 855
155 396 804
6,239,943
1,016,618,050
1875-76
3,201,005
9 431 360
12 632 365
5 042 831
163 074,795
5,972.818
1,040,431,921
1876-77
2,988,292
9,599 706
12 587 998
4 887 238
170,888,580
6,182,451
1,114,586,220
II.— CLASSIFICATION OF FREIGHT. (Tons of 2,000 Ibs.)
Fiscal Years.
Products
of the
Forest.
Products
of
Animals.
Vegetable
Food.
Other
Agricul-
tural
Products.
Manu-
factures.
Merchan-
dise.
Coal and
Other
Articles.
Total
(Tons).
1867-68
216 123
280 116
302 4^1
Krt Af)^
402 576
398 761
2,257,811
3 908,243
1868-69
191 629
273 548
o->2 070
IK 7XO
4Q« 04*5
459 734
2,611,672
4,312,209
1869-70
198 620
271 '245
468 976
111 155
348 423
440 353
3,013,733
4,852,505
1870-71
261 272
319 785
74A R7O
IIQ oi;t
508 654
478 229
2,411,637
4,844,208
1871-72
279 725
304 599
711 720
7Q 4QS
595' 677
451,543
3,141,512
5.564,274
1872-73
227 112
325 168
Fvfll'fl^f)
09 K7Q
444 801
600 980
4,037,032
6,312,702
1873-74
184464
295 582
791 265
101 961
227 377
597,572
4,166,055
6,364,276
1874-75
179 514
285 880
fi74 171
113 195
322*860
553,253
4,108,070
6,293,943
1875-76
195.865
841,520
775 464
138 737
302 143
609,955
3,609,134
5,972,818
1876-77
220,387
385 779
706 571
127 285
369 321
706,571
3,708,094
6,182,451
158
EATLBOAD MANUAL OF THE UNITED STATES.
HI.— EARNINGS, EXPENSES, PROFITS, AND INTEREST.
Fiscal
Passenger
Freight
AfVlOT
Total
Operating
Net
Interest on
Years.
Earnings.
Earnings.
*J tiler.
Earnings.
Expenses.
Earnings.
Bonds.
1866-67.
$
2,931,833 45
$
11,204,688 73
|
180,690 96
$
14,317,213 14
$
11,655,071 40
$
2,662,141 74
$
1,613,^42 13
1867-68.
3,531,503 88
10,780,975 66
64,392 73
14,376,872 27
12,666,932 32
1,709,399 91
1,687,267 65
1868-69.
4,043,048 82
12,583,793 731 94,657 70
16,721,500 34
14,542,105 43
2,179,394 91
1,7'03,773 00
1869-70.
3,968,899 82
11,983,547 06
227,014 78
16,179,461 66
14,824,S60 09
1,354,601 57
1,646,623 00
1870-71 .
3,972,064 70
12,861,999 74
333,940 72
17,168,005 16
15,272,601 61
1,895,403 55
1,777,138 00
1871-72.
3,329,346 84
14,509,745 47
532,795 49
18,371,887 80
12,727,423 89
3,913,621 03
1,742.554 20
1872-73.
3,651,554 18
15,015,807 85
1,345,244 58
20,012,606 51
13,640,642 32
6,371,964 19
2,531,941 56
1873-74.
3,705,574 06
13,740,042 44 1,153,282 26
18,598,898 76
13,563,738 32
5,035.160 44
2.799,805 64
1874-75.
3,461,304 31
12,287,399 85
1,128,154 44
16,876,858 60
12,679,130 95
4,197,727 65
3,761,964 50
1875-76.
3,4-27,626 45
11,429,929 70
994,904 99
15,85-2,461 14
1-2,231,201 78
3,621,259 36
3,761,964 50
1876-77.
3,220,089 88
10,647,807 38
840,992 66
14,708,889 92
10.899,839 60
3,809,050 32
3,807,764 50
The following statement shows the classes of bonds on which interest was paid,
as well as those in default, for year ending September 30, 1877 :
Interest on Funded Debt paid by Receiver on
1st Mortgage Bonds, $2,412,000, 7 per cent, currency.
1st
2d
3d
4th
5th
Buffalo Branch
£71,000, 7% per cent. gold.
$2,174,000, 7 per cent, currency. . ,
$4.852,000, 7 per cent, currency.
$2,937,000, 7 percent, currency
$709,500, 7 per cent, currency
$182,600, 7 per cent, currency
Interest on Funded Debt in default, on
Sterling Mortgage Bonds, $4,580,000, 7 per cent, gold
Consolidated Mortgage Bonds, $12,076,000, 7 per cent, gold
Convertible Mortgage Bonds, $10,000,000, 7 per cent, gold
Second Consolidated Mortgage Bonds, $14,400,000, 7 per cent. gold.
$168,840 00
5,147 50
152,180 00
339,640 00
205,590 00
49,665 00
12,782 00
$933,844 50
$320,600 00
845,320 00
700,000 00
1,008,000 00
$2,873,920 00
The following is a summary of the financial transactions of the Receiver from
May 27, 1875, to September 30, 1877 :
Eecdpts.
Cash from Co. May 27, 1875 $147,593 44
Sundry Sources 1,063,253 58
Fisk Estate, etc 266,605 49
Lehigh Valley R. R. for 3d Rail 264,250 00
Reduction of Supplies 488,922 57
Sundry Accounts 45,10379
Old Assets collected 1,106,378 68
Working Expenses, May, 1875 180,687 51
Buff., N. Y. and Erie R. R. Bond 210,375 00
U. S. Express Co. Stock 500,000 00
Miscellaneous Assets 143,625 00
Surplus Earnings as above 6,368,012 47
$10,784,807 53
Payments.
Bills Payable, etc $1,477,561 60
Construction Account 215,090 61
Third Rail. 1,060,032 18
SteelRails 357,651 38
Equipment, etc 451,808 80
Sundry Assets 703,744 66
Advances to Coal Cos 781,222 85
Stocks and Bonds 1,6&5,435 82
Liabilities Paid 1,045,973 96
Interest Paid on Bonds 2,631,513 25
Balance, Cash on hand 374,772 42
$10,784,807 53
Gross earnings for period named, $38,616,213.72 ; operating expenses, $32,248,-
201.25 ; surplus, $6,368,012.47.
EAILKOAD MANUAL OF THE UNITED STATES.
159
DIYIDENDS. — On preferred stock, years ending June 30, 1864, 1865, 1866, 1867,
1872, and 1873, each seven; and on common stock, years ending June 30, 1864 and
1865, each eight per cent.; and year ending December 31, 1872, one and three-fourth*
per cent. Six months ending June 30, 1873, one per cent.
Neither the Company nor the Receiver publish a general "balance sheet," so that
the nature and amount of the indebtedness of the former, as well as the nature and
value of its assets are mere matters of conjecture. It would seem that, in the present
case, only loans and bills payable are counted as "floating debt," although the Com-
pany may be owing upon open accounts sums for which it has no present means of
payment. It is reported, in the absence of any explanation in the published state-
ments, that the " loans and bills receivable " are, in fact," Certificates of Indebtedness "
authorized by the Courts in the nature of "Bottomry Bonds," upon the pretext that
they are necessary to save the property.
Abstract of financial condition yearly for ten years :
End of
Years.
Liabilities.
Property.
*
Discounts
on Con-
vertible
Bonds.
Stock.
Bonds.
Debt.
Total.
N. Y.
and Erie.
Erie
(new)
Total.
1867-68
1868-69
1869-70
1870-71
1871-72
1872-73
1873-74
1874 75
$
46.302,210
78.536,910
83,536,910
86.536,910
86,536.910
86,536.910
86,536,910
86,530.910
8t>,536,910
86,536,910
$
23,398,800
23,398,800
23,398,800
26,398,800
26,395,000
37.917,143
45,576,814
54,271,814
54,271,814
54,271,814
4,893,736 00
$
74,594,746 00
101,935,710 00
106,935,710 00
112,935,710 00
118,295,979 38
129,882,259 37
134,665,927 34
142,230,365 83
141,967,784 46
142,695,904 11
$>
38,964,728
38,964,728
38,964,728
38,964,728
86,296,900
86,556,406
86,307,621
86,308,220
86,310,305
86,310,305
$
12,747,657
16,580,009
18,501,682
20,878,011
21,942,657
24,385,769
28,768,280
29,687,727
30,829,983
31,134,815
$
51,712,385 00
55,544,737 00
57,466,410 00
59,842,740 00
108,807,687 26
111,630,092 26
115,075,900 87
115,995,946 63
117,138,484 47
117,445,120 54
$
4,774,220
9,587,222
18,479,177
47,061,622
5,334,069 38
2,714,103 57
2,552,203 34
1,421,641 83
1,159,060 46
1,887,216 11
1875-76
1876-77
The above statement shows a total increase during the year of $304,833.07 in the
cost of the road and equipment, as follows: superstructure and iron, $248,381.03;
freight and other cars, $10,994.84; and the rest for various items of construction.
Abstract of funded debt and capital stock for seven years :
1871.
1872.
1873.
1874.
1875.
1876.
1877.
IstMort. Bds.
2d " "
3d " "
4th " "
5th " "
Buff. Br. Bds..
Real Est'te Bs.
Sterling Bonds
Con. Mort. Bs.
Conver. Bonds
2d Con. Mt. Bs.
Capital Stock.
$3,000,000
4,000.000
6,000,000
4.441,000
'926,500
186,400
500
4,844,400
3,000,OUO
$3,000,000
3,994,000
5,907,000
4,344,000
880,500
182,600
500
4,844,400
3,242,000
$2,485,000
2,174,000
4,852.000
2,937,000
709,500
182,600
63,572
4,437,470
12,076,000
8,000,000
$2,485,000
2,174,000
4,852,000
2,937,000
709.500
182,600
$2,483,000
2,174,000
4,852,000
2,937,000
709,500
182,600
$2,483,000
2,174,000
4.852,000
2,937,000
709,500
182,600
$2,483,000
2,174,000
4,852,000
2,937,000
709,500
182,600
4,457,714
12,076,000
10,000,000
5,705,000
4,457,714
12,076,000
10,000,000
14,400,000
4,457,714
12,076,000
10,000,000
14,400,000
4,457,714
12,076,000
10,000,000
14,400,000
$26,398,800
86,536,910
$26,395,000
86,536,910
$37,917,142
86,536,910
$45,576,814
86,536,910
$54,271,814
86,536,910
$54,271.814
86,536,910
$54,271,814
86,536,910
$112,935,710
$112,931,910
$124,454,052
$132,113,724
$140,808,724
$140,808,724 $140,808,724
160 KAILBOAD MANUAL OP THE UNITED STATES.
Statement of funded debt in detail, September 30, 1877 :
Date of
Interest.
Principal,
Amount
Amount
Bonds.
Rate.
When Payable-
When Due.
Authorized.
ing.
1st Mortgage
May 2 1867
7
May and Oct.
May 1, 1897
$3,000,000
$2,483,000
2d "
Mar 1 1859
7
Mar and Sept
Sept. 1, 1879
4,000,000
2,174,000
3d "
" 1 1853
7
Mar. 1, 1883
6,000,000
4,852,000
4th "
Oct 1 1857
7
April and Oct.
Oct. 1, 1880
4,441,000
2,937,000
5th " .
June 1 1858
7
June and Dec.
June 1, 1888
926,5UO
709,500
Buffalo Branch
7
Jan. and July
July 1, 1891
186,400
182,600
Sterling Convertible
Sept. 1, 1865
6
Mar. and Sept.
Sept. 1, 1875
£1,000,000
4,457,714
1st Consolidated Mortgage . . .
Convertible . .
" 1, 1810
Jan 1 1873
7
7
11 44
j Jan. & July }
" 1, 1920
Jan. 1, 1903
30,000,000
10,000,000
12,076,000
10,000,000
2d Consolidated Mortgage
Mar. 2, 1874
7
1 April & Oct. j
June and Dec.
Mar. 1, 1894
40,000,000
14,400,000
Interest on the above, issued prior to 1865, is payable in currency, except on
$71,000 of the 1st mortgage bonds, which bear 7^ per cent, gold ; those issued in
1865 and after are all payable in gold.
On the 26th of May, 1875, the road was placed in the hands of a Receiver by the
direction of the Supreme Court of New York, and on the 1st of June default was made
on the interest then falling due on the 2d consolidated mortgage. To secure a reorgan-
ization of the company, in case of foreclosure, a scheme was presented to the stock
and bond holders, substantially as follows : The old issues of bonds, including the
five original mortgages and that of the Buffalo Branch, amounting to $13,338,100,
yearly interest on which would average $934,346 in currency, to remain undisturbed.
The convertible sterling loan and the first consolidated mortgage bonds, aggregating
$16,656,000, together with a year's overdue interest, $1,114,623, making a total of
$17,770,623 to be consolidated, and to bear 6 per cent, interest for four years, and
after 1880, 7 per cent. For the convertible gold bonds and second consolidated 7 per
cents., amounting to $24,400,000, but which had realized to the company much less
than their par value, it was proposed to substitute two classes of bonds, the first (being
60 per cent, of all) bearing 6 per cent, interest, payment on which was to commence in
March, 1877; and on the 2d (being the remaining 40 per cent.) to bear 4 per cent,
interest, if earned, until 1881, and afterwards 5 per cent. This would reduce the
average interest charge on this class of bonds from $1,708,000 to $878,400. The rate
of dividends on the preferred stock to be reduced to 6 per cent., and an assessment of
$3 per share to be called in. Upon the ordinary stock is to be assessed $5 per share,
the holders to receive 5 per cent, third mortgage income bonds for the amount of
their assessments.
This plan provided the company with new capital by the assessment on stock-
holders, amounting to
$3 per share on preferred stock. $256,107
$6 per share on common stock 4,680,000
Total $4,936, 107
RAILROAD MANUAL OF THE UNITED STATES. 161
The bonded debt, after the reorganization, would be :
Interest in
Bonds on which Interest is Obligatory. Principal. Currency.
OldMortgages $13,338,100 $934,346
Convertible sterling 6s (with funded coupons) 4,854,800 326,242
First consolidated 7s \\vith funded coupons) 12,922,834 1,013,150
New 6s (with funded coupons) 15,518,400 1,042,500
Total $46,634,134 $3,316,238
Present total 54.394,100 4,073,106
Decrease $7,659,966 $756,868
Bonds on which Interest is Contingent on Amount of Net Earnings.
Principal. Cur'y Int.
Third mortgage 5s (assessments on stock) $4,936,107 $276,422
New 4s and 5s (for 40 per cent, of bonds) 9,760,000 *546,580
Total $14.696,107 $823,002
The common stock would remain as heretofore. The total bonded debt would be :
Principal. Cur'y Int.
After reorganization $61,330,241 $4,139,240
Amount at present 54,394,100 4,073,106
Increase $6,936,141 $66,134
Subsequently, an amended scheme of reconstruction was issued, which provided
that there should be no reduction in the rate of interest of the 1st consolidated mort-
gage, and that the 6 per cent, sterling bonds should carry 7 per cent, interest after
September 1, 1875. The coupons of 1st consolidated mortgage bonds falling due Sep-
tember 1, 1875, March 1,1876, March and September 1,1877, and September 1, 1878 and
1879, to be funded into 7 per cent, coupon bonds, bearing interest from September 1,
1877. The holders of 2d consolidated bonds to fund 10 coupons from June 1, 1875,
to December 1, 1879, and of gold convertible bonds to fund 18| quarterly coupons, to
same date, into funded coupon bonds bearing 5 per cent, interest from December 1,
1877, to June 1, 1883, and thereafter 6 per cent., the principal of these two classes to be
represented by new bonds with 6 per cent, interest, dating December 1, 1879, and due
December 1, 1969. The shareholders to be assessed $3 per preference share and $6
per ordinary share — and to receive for such assessment non-cumulative income bonds,
unsecured, payable June 1, 1977, and bearing 6 per cent, interest from December 1,
1879 — dependent on earnings. Shareholders have the option of paying assessments
of $2 and $4 per share respectively, but to receive no income bonds.
In a circular issued on the 5th of February, 1878, the Trustees of the reconstruc-
tion scheme reported that holders of $15,768,500 of the 1st consolidated mortgage
bonds ; of $13,931,000 of 2d consolidated bonds, and of $9,226,000 gold convertible
bonds had given their assent to the scheme— being $38,925,500 out of $40,741,000 of
the bondholders ; and that the holders of 327,676 ordinary and 46,625 preferred shares
had paid the assessments— being 374,301 out of 865,369 shares. The sale announced
for January 21 and March 25, 1878, was postponed.
Directors (elected November 28, 1877).— John Taylor Johnston, Herman R. Balt-
zer, R. Suydam Grant, H. J. Jewett, Edwin D. Morgan, Marshall O. Roberts, and G.
F. Talman, New York ; John B. Brown, Portland, Me. ; Cortlandt Parker, Newark,
N. J. ; S. S. Guthrie, Buffalo, N. Y. ; G. W. Hotchkiss, Binghamton, N. Y. ; Asa
11
162
RAILROAD MANUAL OF THE UNITED STATES.
Packer, Mauch Chunk, Pa. ; Homer Ramsdell, Newburg, N. Y. ; J. Lowber Welsh,
Philadelphia ; Thomas Dickson, Samuel Sloan, and Henry G. Stebbins, New York.
HUGH J. JEWETT, President and Receiver New York.
George R. Blanchard, Assistant to Receiver "
Secretary — A. R. Macdonough New York.
Treasurer— Wm. P. Shearman
General Superintendent — E. S. Bowen..
Asst. Gen. Supt. and Chf. Eng.—Q. Chanute.
Supt. Transportation— r . P. Wright . . .
Asst. Supt. Trans. -R. B. Cable
' E. O. Hill, Eastern Div Jersey City.
7)-., I B. Thomas, Del. Div Port Jervis.
1 R. B. Cable, actg., Susq. Div...Elmira.
R. G. Taylor,Buff.&Roch. Divs. Buf'lo.
.J. S. Beggs, Western Div Dunkirk.
Supts.
A itditor— Stephen Little New York.
Cashier— B. W. Spencer
Gen. Passer Agt.—3. N. Abbott
General Freight Agent— R. C. Vilas . . .
Superintendent. Ferries— T. J. Brown..
Purc/i. Agt.— John A. Hardenburgh....
Gen. S. W. Pas. Agt.—R. W. Fuller.. Ind'polia, Ind.
Gen. Eastern Pass. Agt.—G. P. Craig . . New York.
Gen. Western Pass. Agt.—E. M. Arms.Chicago, 111.
General Agent— E. R. Wadsworth
Supt. Telegraph— W . J. Holmes New York.
PRINCIPAL OFFICE 187 West Street, New York City.
Post-office Address P. 0. Box 839,
A YON, GENESEO AND MOUNT MORRIS RAILROAD.
From Avon, N. Y., to Mount Morris, N. Y., 17.56 miles, with 1.96 mile of side
track. It is successor of Genesee Valley R. R., organized May 2, 1857, completed
June, 1859, and sold under foreclosure February 10, 1860. Present company organized
February 17, 1860. Road leased on completion to Buffalo, N. Y. and Erie, and in
1872, to Erie R. R. Co., for 6 per cent, on stock, and 7 per cent, on $20,000 bonds.
Rolling Stock and Operations. — Included in lessees' report.
Financial Statement, September 30, 1877.— Capital stock, $225,000 ; funded
debt, $20,000, representing cost of road to present owners.
M. F. REYNOLDS, President Rochester, N. Y.
G. W. Phelps, Secretary and Treasurer ...Springfield, Mass.
BARCLAY RAILROAD.
From Towanda, Pa., to Barclay, Pa., 16.33 miles, with 5.48 miles of sidings. It
is leased to the Towanda Coal Company for 20 years from January 31, 1868, at an
annual rental for the first 5 years of $30,000, and 25 cents royalty per net ton ; and
for the remaining time at $35,000 per year, and 30 cents royalty per net ton.
The operations, etc., are stated elsewhere.
E. M. CLYMER, President Reading, Pa.
BUFFALO, BRADFORD AND PITTSBURGH RAILROAD.
From Carrollton, N. Y., to Gilesville, Pa., 25.97 miles, with 6.23 miles of side
track. It is a consolidation, March 22, 1859, of Buffalo and Pittsburg R. R. of New
RAILROAD MANUAL OF THE UNITED STATES. 163
York organized October 13, 1852, and Buffalo and Bradford R. R. of Pennsylvania.
Road opened January 5, 1866, and leased to Erie Railway Co. for 499 years, at an
annual rental of $40,000. January 20,1875, articles of consolidation were filed, be-
tween this company and the Pittsburg, Buffalo and Rochester, and Brandy Camp R.
R. Cos., under the name of the Pennsylvania and Erie Coal and Railway Co. ; but
the road is still operated under old title by Erie Railway Co.
Rolling Stock and Operations. — Included in lessees' returns.
Financial Statement, September 30, 1877.— Capital stock, $2,286,000 ; funded
debt ($3,000 7 per cent. 1st mortgage bonds, due July 1, 1894, and $580,000 7 per
cent. 2d mortgage bonds, due January 1, 1896), $583,000 — total, representing cost of
road, $2,869,000.
Officers. — Not reported.
•»
BUFFALO, NEW YOEK AND EKIE EAILEOAD.
From Buffalo, N. Y., to Painted Post, N. Y., 139.95 miles, with 30.19 miles of
second track, 61.61 miles of sidings, and 91.91 miles of third rail. The company
was organized October 24, 1858, as successor of the bankrupt Buffalo, Corning and
New York R. R., opened June 20, 1858. Leased to the Erie Railway Co. February
27, 1863, at an annual rental of $240,100.
Rolling Stock and Operations. — Included in lessees' returns.
Financial Statement, September 30, 1877.— Capital stock, $950,000; funded debt
(7 per cent, bonds), $2,380,000— total, representing cost of road, $3,330,000.
C. G. MILLER, President New York.
W. F. Miller, Secretary Buffalo, N. Y.
EKIE AND GENESEE VALLEY EAILKOAD.
From Mt. Morris, N. Y., to Dansville, N. Y., 12.29 miles, with 1.20 miles sidings.
Organized January 24, 1868, and road opened in 1871 and 1872. Leased to Erie Rail-
way Co. November 8, 1871, at an annual rental of $8,400.
Rolling Stock and Operations. — Included in lessees' returns.
Financial Statement, September 30, 1877.— Capital stock, $144,900 ; funded debt,
$120,000; floating debt, $120,000— total, $384,900, representing cost of road.
CHARLES SHEPARD, President Dansville, N. Y.
A. T. Wood, Secretary and Treasurer " "
EEIE INTEENATIONAL EAILWAY.
From International Bridge to Main Street Station, Buffalo, N. Y., 4.26 miles
long, with 2.11 miles of side track. Organized August 21, 1872, and opened in 1874.
No financial statement is given, the organization being merely pro forma.
164 EAILKOAD MANUAL OF THE UNITED STATES.
GOSHEN AND DECKEKTOWN EAILKOAD,
From Goshen, N. T., to Pine Island, N. Y., 11.65 miles, with 0.81 mile of
sidings. Organized March 18, 1868, opened 1869 ; and leased January 18, 1872, to
the Erie Railway Co. for an annual rent of $21,500.
Rolling Stock and Operations.— Included in lessees' returns.
Financial Statement, September 30, 1877.— Capital stock, $105,800 ; funded debt
$246,500; floating debt, $5,500— total, $357,800. Cost of R. R., $291,700.75.
E. A. POST, President ............................ Goshen, N. Y.
W. P. Townsend, Secretary .......................
JEFFEESON EAILKOAD.
From Lanesboro', Pa., to Carbondale, Pa., 36.69 miles, with 6.62 miles of sidings,
and 39.36 miles of third rail. Opened in 1872, and leased to Erie Railway Co. at an
annual rental of $140,000.
Rolling' Stock and Operations. — Included in lessees' returns.
Financial Statement, September 30, 1877.— Capital stock, $2,096,050 ; and funded
debt, 1st mortgage (Hawley Section) bonds, due July 1, 1887, $204,000 ; 2d mortgage
bonds, due January 1, 1889, $96,000 ; and 1st mortgage (Carbondale Section) bonds, due
January 1, 1889, $2,000,000— total funded debt (7 per cent.), $2,300,000— total stock
and bonds, $4,396,050. Per contra : Construction, $4,396,050.
Edward M. Clymer, President Eeading, Pa. | A. R. Macdonough, Secretary N. Y. City.
MONTGOMERY AND EKIE KAILKOAD.
From Goshen, N. Y., to Montgomery, N. Y., 10.22 miles, with 1.46 mile of
sidings. Organized January 2, 1866, opened in 1867, and leased to the Erie Railway
Co. December 16, 1871, at an annual rental of $25,000.
Rolling Stock and Operations. — Included in lessees' returns.
Financial Statement, September 30, 1877.— Capital stock paid in, $150,000.
funded debt, 7 per cent, bonds, $170,500 — total stock and bonds, $320,000. Per con-
tra : Cost of road and appurtenances, $288,930.83.
J. M. Wilkin, President ; W. J. Mead, Secretary Montgomery, N. Y .
NEWAKK AND HUDSON KAILKOAD.
From Newark, N. J., to Bergen Junction, N. J., 5.62 miles, with 3.48 miles of
sidings. Operated by Erie Railway Co., at an annual rental of $41,500.
RAILROAD MANUAL OF THE UNITED STATES. 165
Rolling Stock and Operations. — Included in lessees' returns.
Financial Statement, January 1, 1878.— Capital stock, $250,000 ; funded debt,
$250,000 — total stock and bonds, $500,000. Cost of road and equipment, $500,000.
CORTLANDT PARKER, President Newark, N. J.
NEWBURG AND NEW YORK RAILROAD.
From Greenwood Junction, N. Y., to Vail's Gate Junction, N. Y., 12.59 miles,
with 1.47 mile sidings. Leased to the Erie Railway Co. at an annual rental of
$17,500. Organized February 10, 1865, and opened 1869. All its operations and
financial condition are included in those of the Erie Railway Co.
Officers. — Same as Erie Railway Co.
NYACK AND NORTHERN RAILROAD.
From Nyack, N. Y., to Piermont, N. Y., 4.38 miles. Leased to Northern R. R.
Co. of N. J., and by that transferred to Erie Railway Co. All operations included
in Northern N. J. R. R. It cost $228,657.24, represented by $70,000 capital stock,
and $150,000 funded debt.
NORTHERN RAILROAD OF NEW JERSEY.
In connection with the Nyack and Northern R. R., from Bergen, N. J., to Nyack,
N. Y., 25.67 miles, with 5 miles of sidings. Chartered February 9, 1854, opened
October 1, 1859, and leased April 1, 1869, to Erie Railway Co., at an annual rental of
35 per cent, of gross earnings.
Rolling Stock and Operations. — In lessees' returns, gross earnings, $238,488.77.
Financial Statement, September 30, 1877. — Capital stock, $1,000,000 ; funded
debt, 1st mortgage 7 per cent, bonds, interest January and July, and principal July
1, 1878, $400,000— total, stock and bonds, $1,400,000. Cost of road, $527,451.82.
Remainder of stock and bonds represented by property in Jersey City.
HENRY THOMPSON, Vice-President and Treasurer. New York, N. Y.
PATERSON AND HUDSON RIYER RAILROAD.
From Jersey City, N. J., to Paterson, N. J., 14.5 miles. Chartered January 21,
1831, opened in 1834, and leased to Erie Railway Co., September 9, 1852, at an annual
rent of $53,400.
Financial Statement, January 1, 1878.— Capital stock (cost of road), $630,000.
J. S. ROGERS, President New York.
166 BAILROAD MANUAL OF THE UNITED STATES.
PATERSON, NEWARK AND NEW YOKK RAILROAD.
From Paterson, N. J., to Newark, N. J., 10.91 miles, with 2.06 miles of sidings.
Leased to Erie Railway Co. September 8, 1868, at an annual rent of 35 per cent, of
gross earnings.
Financial Statement, " January 1, 1878. — Capital stock, $250,000; funded debt,
1st mortgage 7 per cent, bonds, guaranteed by Erie Railway Co., $500,000. Per con-
tra ; Cost of road, etc., $750,000.
CORTJLANDT PARKER, President Newark, N. J.
PATERSON AND RAMAPO RAILROAD.
From Paterson, N. J., to Suffern's, N. Y., 15.58 miles, and united with. P. and H.
R. R. R. by Union R. R. 0.8 mile, the three forming one line from the Erie Rail-
way, at N. Y. State Line, to Jersey City, 30.88 miles, double track, and 40.76 miles
of sidings. Chartered May 10, 1841, completed in 1848, and leased to Erie Railway
Co., September 9, 1852, at an annual rent of $26,500. All operations included in Erie
Railway Co.
Financial Statement, December 31, 1877.— Capital stock paid in, $248,000; and
funded debt outstanding, $85,000. Per contra : Cost of road and equipment, $350,000.
J. S. ROGERS, President New York City.
ROCHESTER AND GENESEE YALLEY RAILROAD.
From Avon, N. Y., to Rochester, N. Y., 18.26 miles, with 4.92 miles of sidings.
Organized July 2, 1851, opened in August, 1854, and leased to Erie Railway Co.,
November 8, 1871, at an annual rent of $8,400.
Rolling Stock and Operations. — Included in lessees' returns.
Financial Statement, September 30, 1877.— Capital stock paid in, $557,560. Per
contra : Cost of road, $671,303.13.
JAMES BRACKETT, President; Chas. E. Upton, Sec. and Treas., Rochester, N. Y.
SUSPENSION BRIDGE AND ERIE JUNCTION RAILROAD.
From East Buffalo Junction, N. Y., to Suspension Bridge, N. Y., 23.28 miles,
with 10.74 miles of sidings, and 32.35 miles of third rail. Organized October 16, 1868,
opened in 1871, and leased July 13, 1870, to Erie R'y Co., at an annual rent of $70,000.
Rolling1 Stock and Operations.— Included in lessees' returns.
Financial Statement, October 1, 1877.— Capital stock, $1,000,000; paid in, $500,.
000 ; and funded debt, 1st mortgage 7 per cent, bonds, $1,000,000. Per contra : Con-
struction, $1,500,000.
O. H. P. ARCHER, Treasurer , , .New York.
RAILBOAD MANUAL OF THE UNITED STATES.
167
FONDA, JOHNSTOWN AND GLOVEKSYILLE RAILROAD.
Line of Road.— Fonda, N. Y., to Gloversville, N. Y 10.00 miles.
Leased line : Gloversville and Northville R. R . .16.17 "
Total length of line owned, leased, and operated 26.17 miles.
Sidings, etc., 1 mile. Gauge, 4 feet 8| inches. Rail, 60 Ibs. to yard.
Organized January 17, 1867, and road opened December 1, 1870.
Rolling Stock. —Locomotive engines, 5. Cars — passenger, 4; baggage, mail,
and express, 1 ; and freight, 10 — total revenue cars, 15.
Operations for year ending September 30, 1877 (including leased line). — Trains
run — passenger, 73,454; freight, 11,257 — total, 84,711 miles. Passengers carried,
160,196; carried one mile, 1,123,794. Freight moved, 40,141 tons; moved one mile,
425,028 tons.
1870-71.
1871-72.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
Gross Earnings
*$52,659
$78,022
$95,879
$98,616
$91 037
$114 725
$111 008
*34,907
38,198
49,462
31,561
31 869
41 835
45 066
Interest Paid
2,148
26,590
43,154
21,765
22718
24 764
23 575
* For 10 months.
Financial Statement, September 30, 1877. — Capital stock, $300,000; funded
debt, $300,000; floating debt, $46,328.89— total, $646,328.89. Cost of construction,
$532,500.32.
The funded debt consists of 1st mortgage 7 per cent, bonds, interest payable on
the 1st day of January and July, and principal July 1, 1890.
Directors (elected 1877).— W. J. Heacock, J. McNab, D. B. Judson, A. Judson,
L. Caten, A. D. Simmons, A. D. L. Baker, S. H. Plumer, Gloversville, N. Y. ; D. A.
Wells, L. Veghte, M. Wade, J. E. Wells, Johnstown, N. Y. ; G. F. Mills, Fonda, N. Y.
W. J. HEACOCK, President Gloversville, N. Y.
Treasurer— J. McNab Gloversville. | Sec. and Supt.—L. Caten Gloversville, N. Y.
PRINCIPAL OFFICE AND ADDRESS Gloversville, N. Y.
GLOYERSVILLE AND NORTHVILLE RAILROAD.
From Gloversville to Northville, N. Y., 16.17 miles, with 0.66 mile of sidings.
Organized January 30, 1872, road opened November 29, 1875, and leased to
Fonda, Johnstown, and Gloversville R. R. Co. Terms of lease not reported.
Operations. — Included above.
Financial Statement, September 30, 1877.— Capital stock authorized, $300,000;
subscribed, $104,300; paid in, $95,964.75 ; funded debt, $200,000 7 per cent, bonds;
floating debt, 36,297.09— total stock, bonds, and debt, $332,261.84. Per contra: Cost
of construction, $270,799.39.
W. J. HEACOCK, President Gloversville, N. Y.
168 RAILROAD MANUAL OF THE UNITED STATES.
FOET ANN AND MOUNT HOPE E, E. (In Progress.)
Line of Road.— Fort Ann, N. Y., to Mount Hope, N. Y 8 miles.
Organized September 5, 1871. Preliminary surveys have been made.
Financial Statement, September 30, 1877.— Capital stock authorized, $100,000 ;
subscribed, $48,000 ; paid in, $4,800 ; of which $490 have been expended in surveys.
JOSEPH POTTER, President; Geo. Clements, Sec. & Treas., Fort Edward, N. Y.
PRINCIPAL OFFICE AND ADDRESS Fort Edward, N. Y.
GAENEEYILLE EAILEOAD.
Line of Road. — Miners Creek, N. Y., to Haverstraw, N. Y 5 miles.
In operation, 0.91 mile. Gauge, 4 feet 8-J inches. Rail, 56 Ibs.
Organized April 10, 1875, and road opened, 1876. It connects the factories at
Garnerville with N. J. and N. Y. R. R. No report of operations is given.
Financial Statement, September 30, 1877.— Capital stock paid in, $37,360.98,
representing cost of road.
JOHN TAYLOR, President and Superintendent Haverstraw, N. Y.
PRINCIPAL OFFICE AND ADDRESS Garnerville, N. Y.
GENEVA, ITHACA AND SAYEE EAILEOAD.
Line of Road.— Geneva, N. Y., to Sayre, Pa 75.63 miles.
Sidings, etc., 11.52 miles. Gauge, 4 feet 8| inches. Rail, 56 and 65 Ibs. to yard.
Organized October, 1876, as successors of Geneva, Ithaca and Athens R. R. Co.
(formed May 25, 1874, by consolidation of Geneva and Ithaca and Ithaca and Athens
•R. R. Cos). The G. and I. R. R. was opened in 1871, and the I. and A. R. R. in 1874.
March 24, 1875, the company having defaulted on its interest, the road was placed in
the hands of a receiver, by whom it was operated to date of sale and reorganization.
It was purchased in the interest of the Lehigh Valley R. R. Co., and is operated in
connection with that company.
Rolling Stock. — Locomotive engines, 12. Cars — passenger, 6 ; baggage, mail,
and express, 4 ; and freight, 216 — total revenue cars, 226 ; also 4 service cars.
Operations for year ending September 30, 1877. — Trains run — passenger, 125,125;
freight, 179,749 — total, 304,874 miles. Passengers carried, 98,103; carried one mile,
1,836,497. Freight moved, 402,922 tons, including 272,343 tons of coal; moved one
mile, 18,228,678 tons.
Earnings.
From Passengers .$51,03338
" Freight 177,37457
Miscellaneous 5,919 05
$234,327 00
Expenditures.
For Maintenance of Way $100,062 15
" Rolling Stock... 37,76630
" Transportation, etc 122,650 11
$260,478 56
EAILKOAD MANUAL OF THE UNITED STATES. 169
Balance— deficit, $26,151.56. Payments— interest, $33,006.92.
Financial Statement, September 30, 1877.— Capital stock authorized, $850,000
common; $850,000 preferred— paid in, $850,000 common. Funded debt, $600,000
7 per cent, bonds; floating debt, $81,087,14 — total stock, bonds, and debt, $1,531,-
087.14. Per contra: Cost of construction, $1,321,545.84; equipment, $150,382.82—
total, $1,471,928.66. The funded debt consists of $600,000 1st mortgage 7 per cent,
bonds I. and A. R. R., dated July 1, 1870, interest payable January and July. The
original cost of road and appurtenances is stated at $2,467,282.03.
Directors (elected October 3, 1877). — Robert A. Packer, Sayre, Pa. ; Asa Packer,
Charles Hartshorne, and William Elliott, Philadelphia, Pa. ; Robert H. Sayre, Beth-
lehem, Pa. ; James Stillman, N. Y. City ; E. B. Morgan, Aurora, N. Y. ; C. P. Gregg,
Trumansburg, N. Y. ; John Rumsey, Wm. Stevenson, Ithaca, N. Y. ; Harry E.
Packer, Mauch Chunk, Pa. ; Howard Elmer, Waverly, N. Y. ; F. W. Prince, Ge-
neva, N. Y.
R. A. PACKER, President Sayre, Pa.
Treasurer — Charles Hartshorne Phila., Pa.
Secretary— J. R. Fanehawe " •"
Gen. Supt.—Wm. Stevenson Sayre, "
Gen. Ticket Agt.—Wm. H. Sayre.. Bethlehem, Pa.
Gen. Frt Agt.— John Taylor Mauch Chunk. "
Purch. Agt. — L. Chamberlain Phila., "
PRINCIPAL OFFICE AND ADDRESS 238 South 3d Street, Phila., Pa.
GEEENWICH AND JOHNSONVILLE EAILKOAD.
Line of Road. — Greenwich, N. Y., to Johnsonville, N. Y 14 miles.
Sidings, etc., 0.75 mile. Gauge, 4 feet 8| inches. Rail, 50 Ibs. to yard.
Organized in 1868, and road opened August 21, 1870.
Rolling- Stock. — Not reported.
Operations for year ending September 30, 1877. — Trains run, 17,556 miles.
Passengers carried, 17,683 ; carried one mile, 212,196. Freight moved, 11,338 tons ;
moved one mile, 139,488 tons. Total earnings, $29,699.70 ; operating expenses,
$15,316.79 ; net earnings, $14,382.91. Payments from net earnings — interest, $11,-
859.38 ; rent of rolling stock, $5,339.04.
Financial Statement, September 30, 1877. — Capital stock ($150,000) paid in,
$130,898 ; funded debt, 1st mortgage 7 per cent, bonds, due May 1, 1889, $185,500 ;
floating debt, $32,000— total, $348,398. Per contra : Cost of road, etc., $313,943.77.
WILLIAM M. HOLMES, President Greenwich, N. Y.
Treasurer and Secretary Edwin Andrews. \ Superintendent Henry H. Warner.
PRINCIPAL OFFICE AND ADDRESS Greenwich, N. Y.
HAELEM EXTENSION EAILEOAD.
Line of Road. — Chatham Four Corners, N. Y., to Rutland, Vt 113 miles.
Branch : Bennington, Vt., to State Line, N. Y 2 "
Total length of line owned and operated 115 miles.
170
EAILEOAD MANUAL OF THE UNITED STATES.
Organized January 1, 1870, by consolidation of the Lebanon Springs and the
Bennington and Rutland R. R. Cos. — The latter company chartered in Vermont, No-
vember 5, 1845, as Western Vermont R. R. Co., and road opened in July, 1852. Sub-
sequently sold in bankruptcy, and reorganized. The Lebanon Springs R. R. Co. was
organized March 28, 1852, and road opened in 1869. Consolidated with the Pine
Plains and Albany R. R. under present title, December 18, 1872, and leased to New
York, Boston and Montreal Ry. Co. Lease transferred, December 1, 1873, to Central
Vermont R. R. Co. The New York portion, from Chatham to Bennington, 57 miles,
was taken possession of by trustee under foreclosure October 16, 1876, and has since
been operated under lease by the Harlem Extension South Coal Transportation Co.,
awaiting a reorganization.
Rolling Stock. — Locomotive engines, 11. Cars — passenger, 5 ; baggage, mail,
and express, 3 ; and freight, 185 — total revenue cars, 193.
Operations for year ending September 30, 1877. — Trains run — passenger, 144,-
663; freight, 69,001 — total, ,213,664 miles. Passengers carried, 65,429 ; carried one
mile, 1,938,269. Freight moved, 83,330 tons ; moved one mile, 3,575,340.
Earnings.
From Passengers $103,033 35
" Freight 145,91818
" Mail and Express 21,00870
$269,960 23
Expenditures.
For Maintenance of Way $83,211 22
" Boiling Stock 20,303 49
" Transportation, etc 108,574 00
$212,088 71
Balance — net earnings, $57,871.52. Paid for rents and improvements, $74,942,38.
Abstract of operations for eight years :
Fiscal Years.
Miles
Railroad.
Passengers.
Mileage.
Freight.
Mileage.
Gross
Earnings.
Net
Earnings.
1869-70...
115
92 260
1 752 306
50257
2 252,264
$193,619
1870-71
115
109 915
1 538 862
64 494
2 754 216
207 113
$32,298
1871-72
115
137 337
2 072 595
105*348
4 779 157
317,749
29,727
1872-73
115
152,986
2,251 J699
114,204
5,211,563
345,514
39,525
1873-74*
115
123237
1 872 280
86 940
3,878,524
273,381
16,736
1874-75
115
128,128
2 099 551
99,391
4,072,816
300,159
91,802
1875-76
115
131,415
2 567 395
93938
4 204,872
293,676
73,814
1876-77
115
65,429
1 938 269
83330
3,575,341
269,960
57,872
* 10 months only.
Financial Statement.— Capital stock (all paid up), $4,000,000 ; funded debt, 1st
mortgage 7 per cent, bonds, dated January 1, 1870, interest payable January and July,
and principal January 1, 1890, $4,000,000; floating debt, $40,509.19— total stock,
bonds and debt, $8,040,509.19. Per contra : Cost of road and rolling stock, $8,000,000.
The mortgage bonds now represent the road, since the foreclosure.
R. C. ROOT, President.. Harlem Ex. R. S. C. Transportation Co., N.Y. City.
HUDSON, SUSPENSION BEIDGE AND NEW ENGLAND
EAILEOAD. (Projected.)
Line of Road. — Turner's (Erie Railway) to State Line, Ct 37 miles.
Chartered 1868, as Hudson Highland Suspension Bridge Co. Rechartered, 1870.
EAILEOAD MANUAL OF THE UNITED STATES. 171
Financial Statement, September 30, 1877.— Capital stock authorized, $10,000,000 ;
Subscribed, $300,000 ; paid in, $255,300 ; floating debt, $127,804.34.
CHARLES J. PUSEY, President New York City.
PRINCIPAL OFFICE AND ADDRESS New York City.
HUDSON TUNNEL EAILEOAD. (Projected.)
Line of Road. — New York City to Jersey City, N. J About 2 miles
Organized May 20, 1873, to construct and operate a railroad between New York
and Jersey City and Hoboken, under the Hudson River, and consolidated March 17,
1874, with the Hudson Tunnel R. R. Co. of New Jersey. Preliminary surveys made.
Financial Statement, September 30, 1877.— Capital stock authorized, $10,000,000 ;
subscribed, $44,200 ; paid in, $4,200.
D. C. HASKIN, President and Superintendent New York City.
PRINCIPAL OFFICE AND ADDRESS New York City.
IEON HILL EAILEOAD. (Projected.)
Line of Road. — Carthage Landing, N. Y., to Iron Mines 15 miles.
Organized October 7, 1872, and a portion of the line surveyed.
Financial Statement, September 30, 1877. — Capital stock authorized, $150,000;
subscribed, $30,500 ; paid in, $1,500.
P. S. HAINES, President New Windsor, N. Y.
PRINCIPAL OFFICE AND ADDRESS Newburg, N. Y.
ITHACA, AUBUEN, AND WESTEKN EAILEOAD.
Line of Road.— Freeville, N. Y., to Scipio, N. Y 27 miles
Sidings, etc., 1.38 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
This company was organized September 20, 1876, having bought at foreclosure
sale what was known as the Western Extension of the New York and Oswego Mid-
land R. R., which is now operated as a branch in connection with the Utica, Ithaca,
and Elmira R. R. It is intended to extend the line to Auburn and Ithaca, making a
total of 45 miles.
Operations. — Not reported.
Financial Statement, December 31, 1877.— Capital stock, $970,000 ; funded debt.
$514,650.
172 RAILROAD MANUAL OF THE UNITED STATES.
Statement of funded debt in detail :
Character of Bonds.
Date of
Bonds.
In-
terest.
When
Payable.
Principal,
When Due.
Amount
Authorized.
Amount
Outstanding.
1st Mortgage
Dec. 1, 1876.
Jan. 1, 1877.
7
7
June and Dec.
July and Jan.
Dec. 1, 1906.
Jan. 1,1907.
$500,000
550,000
$16.560
498,090
2d Mtg. (Income forSyrs.)
Directors (elected October 1, 1877). — Geo. Opdyke, W. H. Guion, Herman Sturs-
burg, A. S. Barnes, W. S. Opdyke, New York ; Henry R. Low, Middletown, N. Y. ;
Henry Wlielen, Philadelphia, Pa. ; G. W. Farlee, Cresskill, N. J. ; Charles P. Wood,
J. Lewis Grant, Auburn, N. Y. ; J. E. Miller, Englewood, N. J. ; S. S. Hewitt, Geneva,
N. Y.; Frederick T. Peet, Brooklyn, N. Y.
GEORGE OPDYKE, President New York City.
Vice-Pres.— H. R. Low Middletown, N. Y. | Treasurer— G. W. Farlee New York, N. Y.
Secretary— F. T. Peet New York City.
PRINCIPAL OFFICE AND ADDRESS 20 Nassau Street, New York.
JEESEY CITY AND ALBANY EAILEOAD. (In Progress.)
Line of Road.— Jersey City, N. J., to Albany, N. Y 147 miles.
In operation : Jersey City to Tappantown, N. Y 24 "
Sidings, 0.50 mile. Gauge, 4 feet 8i inches. Rail, 56 Ibs.
Organized June 24, 1873, by consolidation of Ridgefield Park and Rockland
Central R. R. Cos. Opened to Tappantown in 1874.
Trains are run on completed portion of the line by the N. J. Midland R. R. Co.
Financial Statement, September 30, 1876.— Capital stock authorized, $10,000,-
000 ; subscribed, $272,200 ; paid in, $254,100. Funded debt, $850,000. Total stock,
bonds, and debt, $1,104,100. Per contra: Cost of road and equipment, $739,893.33.
The road was sold under foreclosure, and reorganized in 1877. No later informa-
tion furnished.
D. E. CULVER, Purchaser for Bondholders Jersey City, N. J.
LAKE CHAMPLAIN AND MOKIAH EAILEOAD.
Line of Road.— Port Henry, N. Y., to Mineville, N. Y 9.53 miles.
Sidings, etc,, 3.33 miles. Gauge, 4 feet 8£ inches. Rail, 56 and 60 Ibs.
Organized December 4, 1867, and road opened in 1869.
Rolling Stock.— Locomotive engines, 6. Cars— passenger and baggage, 3 ; and
freight, 127— total, 130.
RAILROAD MANUAL OF THE UNITED STATES. 173
Operations for year ending September 30, 1877. — Trains (mixed) run, 24,534
miles. Passengers carried, 181 ; carried one mile, 1,388. Freight moved (iron ore),
171,896 tons; moved one mile, 1,290,058 tons. Earnings — passengers, $90.20;
freight, $93,524.59; miscellaneous, $351.68 — total, $93,966.47. Operating expenses,
$60,754.44. Net earnings, $33,212.03. Interest paid, $5,823. Dividends, 10 per
cent., $20,000.
Financial Statement, September 30, 1877.— Capital stock, $200,000 ; funded
debt, 1st mortgage 7 percent, gold bonds, $104,000; floating debt, $214.58— total,
$304,214.58. Per contra : Cost of road and rolling stock, $452,256.57.
Directors. — A. Tower, Pouglikeepsie, N. Y. ; George R. Sherman, Port Henry,
N. Y. ; J. B. Brinsmade, Brooklyn, N. Y. ; S. H. Witherbee, New York, N. Y.
GEORGE K. SHERMAN, President Port Henry, N. Y.
Treas. and /Sec.— J. B. Brinsmade.. New York City. | Superintendent— ~E. B. Hedding..Port Henry, N. Y.
PRINCIPAL OFFICE AND ADDRESS P. 0. Box 1005, New York City.
LOCKPOKT AND BUFFALO KAILBOAD. (Projected.)
Line of Road. — Lockport, N. Y. to North Tonawanda, N.Y 13.18 miles.
Organized August 30, 1871.
Financial Statement, September 30, 1877.— Capital stock authorized, $200,000 ;
subscribed, $123,200; and paid in, $102,320. Expenditures, $412.
T. F. FLAGLER, President Lockport, N. Y.
Treasurer— John Hodge Lockport, N. Y. | Secretary— J '. A. Ward Lockport, N. Y.
PRINCIPAL OFFICE AND ADDRESS Lockport, N. Y.
LONG ISLAND KAILBOAD.
Line of Road. — Long Island City, N. Y., to Greenport, N. Y 94.87 miles.
Branches, named below 63.06 "
Leased lines and their branches, named below 165.94 "
Total length of lines owned, leased, and operated 323.88 miles.
Sidings, etc. (L. I. R. R. and Br.) 61.30 miles. Gauge, 4 ft. 8i in. Rail, 56 and 62 Ibs.
This company was chartered April 26, 1834, and the road opened to Greenport,
July 29, 1844. The Smithtown and Port Jefferson, New York and Rockaway, New-
town and Flushing and Brooklyn and Jamaica R. Rs. were constructed under separ-
ate organizations, and were leased to the Long Island R. R. Co. on completion, and
are now considered as branches of the main line. The Flushing, North Shore and
Central, and the Southern of Long Island R. Rs., with their leases, were leased May
1, 1876, and their operations are included from that date.
174
RAILROAD MANUAL OF THE UNITED STATES.
BRANCHES AND LEASED LINES :
Sag Harbor Branch 35.20 miles.
Northport " 15.07 "
Locust Valley " 10.33 "
Hempstead " 2.46 "
Atlantic av. " 4.31
F.JT.S.&Cen. R. .RMmain line. 35.34 "
Woodside Branch 3.81 "
Whitestone " 3.89 "
Great Neck " 6.87 "
Hempstead " 1.41 "
Bethpage Branch .......... 1.83 miles.
S. and Port J, R. R ........ 19.02 "
N. Y. andR.
N. andF.
B. and J.
8.98
3.97
5.66
Southern It. M., main line. .. .51.67
Hunter's Pt. & S. S. R. R.. . 1.52
Rockaway Branch " ... 9.52
S. Hempstead " "... 5.42
N. Y. and Flushing " ... 2.73
Rolling Stock (including leased lines). — Locomotive engines, 59. Cars — passen-
ger, 156 ; baggage, mail, and express, 15 ; and freight, 457 — total revenue cars, 628.
Operations for year ending September 30, 1877. — Trains run — passenger, 1,011,-
574 ; freight, 114,461— total, 1,126,035 miles. Passengers carried, 3,063,431. Freight
moved, 272,086 tons.
Earnings.
From Passengers $957,345 66
" Freight 442,328 08
" Mail and Express 52,35976
Miscellaneous 46,699 67
Expenditures.
For Maintenance of Way $253,474 90
" RollingStock 114,28470
" Transportation 563,50616
Miscellaneous 46,572 24
$1,498,733 17 $977,838 00
Balance — net earnings, $520,895.17. Payments— interest, $174,134.22; rentals,
$435,891.04. Other roads and ferries, $25,555.26. Total, $1,613,418.52; deficit,
$114,685.35.
Abstract of operations and general account for ten years :
00
Years.
Miles
R.R.
Q
•1
Cars.
Train
Miles.
Pas-
sengers.
Freight,
Tons.
Gross
Earnings.
Earn-
ings.
Capital
Stock.
Bonds.
Construc-
tion.
w
1867-68
123
25
297
420,176
823,300
286,320
$683,330
$11,707
$3,000,000
$825,000
$4,495,815
1868-69
1-23
21
284
393,104
840,177
314,950
650,155
3,000,000 1.225.000
4,624,465
1869-70
153
22
296
416,704
924,194
377,831
751,474
129,287
3,000,OUO
1,500,000
5,016,402
1870-71
153
OO
299
830 661
261 866
3 000 000 1 500 000
5,016,403
1871-72
158
99
289
865 192
277,197
3,000,000 1 fSOO.OOO
5,016,402
1872-73
158
321
895 716
365 333
3 300 000
1 ?snn nno
5 226 903
1873-74
158
9=>
311
838 583
317,831
3 300,000 1,500 000
5 281,902
1874-75
158
334
706,912
828,840
213,503
3 300,000 1,500,000
5,188,029
1875-76
158
58
593
962,876
2,230,187
187,751
1,134,759
383,608
3,260,600^ 1,500,000
5,345,406
1876-77
158
59
6-28
1,126,035
3,063,431
114,461
1,498,733
520,895
3,260,600
1,853,850
6,116,312
This company paid dividends of 3 per cent, for the year 1870-71, amounting to
$92,250, and 4 per cent, for 1871-72 and 1872-73, amounting to $120,000 for each year.
The annual charges for interest and rents of leased lines have been as follows :
1868-69, interest, $55,350; 1869-70, interest, $89,144; 1870-71, interest, $116,768;
1871-72, interest, $108,865 ; 1872-73, interest, $116,256; rental, $59,500 ; 1873-74, in-
terest, $119,799; rental, $70,000; 1874-75, interest, $106,900; rentals, $70,000;
1875-76, interest and rentals, $276,332; leases, $35,000 ; 1876-77, $610,025.26.
Financial Statement, September 30, 1877. — Capital stock authorized, $3,300,000;
RAILKOAD MANUAL OF THE UNITED STATES.
175
paid in, $3,260,600; funded debt, $1,853,850; floating debt, $952,367.31— total stock,
bonds, and debt, $6,066,817.31. Per contra: Cost of graduation, etc., $4,836,638.38;
shops, etc., $103,066.50; rolling stock, $552,418.88; supplies, $82,639.04; Atlantic
Av. improvements, etc., $541,549.11— total, $6,116,311.91. The floating debt has in-
creased year by year, from $75,000, as reported for 1867-68, to the present amount,
$952,367.31.
Statement of funded debt in detail :
Character of Bonds.
Kate
p. c.
Interest
Payable.
Principal
Payable.
Amount
Outstanding.
1st Mortgage Extension
7
February and Aug.
1890.
$175,000
Glen Cove Branch
6
May and November.
1884.
150,000
7
1898
1,528 850
Since the close of the fiscal year the road has been placed in the hands of a
Receiver.
The details in regard to the leased lines are given in connection with those lines.
Directors (elected April 10, 1877).— Thomas R Sharp, Long Island City ; E. B.
Hinsdale, Morris Franklin, E. E. Sprague, VV. Kevan, W. A. Havemeyer, H. B.
Hyde, N. Y.; C. H. Delamater, Hugo Funke, New York City ; A. Poppenhusen,
Herman Funcke, H. C. Poppenhusen, College Point, N. Y.; and D. N. Ropes, Orange,
N. J.
T. R. SHARP, President and Receiver Long Island City.
V.-P. & Sec.—E. B. Hinsdale. .Long Isl. City, N. Y. I Supt.—S. Spencer Long Island City. N. Y.
Gen. Fgt. Agt— J. Chittenden.. " | Auditor— J. Carlsen "
PRINCIPAL OFFICE AND ADDRESS .Long Island City, N. Y.
NEWTOWN AND FLUSHING KAILKOAD.
Organized March 8, 1871, and road opened in 1874. It extends from Winfield,
N. Y., to Flushing, N. Y., 3.97 miles, with 0.46 mile of sidings. Leased to Long Island
R. R. Co., forming a branch of that road, in which all its operations are included.
Financial Statement, September 30, 1877. — Capital stock authorized, $250,000 ;
subscribed $42,700 ; and paid in, $8,540. Funded debt, $150,000. Per contra : Cost
of road, $260,000.
E. A. LAWRENCE, President Bay side, N. Y.
NEW YOKK AND KOCKAWAY EAILROAD.
Organized December 30, 1870, and road opened in 1873. It extends from Rocka-
way to Far Rockaway, 8.98 miles, with 4.14 miles of sidings. Leased to Long Island
R. R. Co. and operated as a branch of that road.
Financial Statement, September 30, 1877.— Capital stock, $250,000; issued,
$100,000 ; and funded debt, $250,000. Per contra : Cost of road, $350,000.
176
KAILKOAD MANUAL OF THE UNITED STATES.
SMITHTOWN
POKT JEFFEKSON EAILEOAD.
It extends from Northport to
Leased to Long Island R. R.
Organized June 9, 1870, and road opened in 1873.
Port Jefferson, 19.02 miles, with 1.02 mile of sidings.
Co., and operations are included in those of that road.
Financial Statement, September 30, 1877.— Capital stock authorized, $200,000 ;
amount subscribed, $196,350 ; paid in, $96,227 ; funded debt, $600,000— total,
$696,227. Per contra : Cost of road and equipment, $565,456.06.
JAMES M. BAYLESS, President Port Jefferson, N. Y.
FLUSHING, NOETH SHOEE AND CENTEAL EAILEOAD.
Line of Road.— Long Island City, N. Y., to Northport, N. Y 35.36 miles.
Branches (See Long Island R. R.). 17.81 "
Total length of line owned and operated 53.17 miles.
Sidings, etc., 17.14 miles. Gauge, 4 feet 8£ inches. Rail, 52, 56, and 64 Ibs.
Organized August 1, 1874, by the consolidation of the Flushing and North Side
(organized April 3, 1868), the Central of Long Island (organized March 4, 1871), the
Central of L. I. Extension (organized April 22, 1873), the North Shore, White-
stone and Westchester (organized November 14, 1871), North Shore and Fort Wash-
ington, and Roslyn and Huntington Railroad Companies. In May, 1876, the road was
leased to the Long Island R. R. Co., and its operations since that date are included in
those of that company.
Rolling- Stock. — Included in lessees' returns.
Operations. — Included in lessees' returns.
Rental received for year ending September 30, 1876, $108,520.85. Interest paid,
$101,091.16.
Financial Statement, September 30, 1877.— Capital stock authorized, $2,500,-
000 ; subscribed and paid, $814,925 ; funded debt, $3,155,182.86 ; floating debt, $1,341,-
772.51 — total, stock, bonds and debt, $5,311,880.37. Per contra : Cost of grading, etc.,
$3,851,813.47 ; stations, equipment, etc., $825,927.52— total, $4,677,090.99.
Statement of funded debt in detail :
Character of Bonds.
Date of Issue.
Rate
p. c.
Interest
Payable.
Principal
Payable.
Amount
Out-
standing.
1st Mortgage North Shore R. R
Feb. 1, 1865
7
Feb and Aug
Feb 1 1885
$125 000
2d "
" 1, 1866
7
do
" 1 1886
24 000
let Fl. and N. S. R. K
May 1, 1869.
7
May and Nov.
May 1, 1889.
800000
2d "
" 1, 1870
7
do
" 1 1900
400 000
1st Central of L. I. R. R
Mar. 1, 1872
7
Mar and Sept
Mar 1 1902
1 000 000
1st " Ex
May 1, 1873.
7
May and Nov.
May 1, 1903!
200,000
1st Whitestone and W. R. R. .
1st N. Y. and Flushing R. R. .
Flushing, N. C. and Central R. R
Jan. 1, 1872.
Mar.24, 1859.
7
7
7
Jan. and July.
Mar. and Sept.
Jan. 1, 1893.
Mar. 1, 1880.
7*i,000
25,000
505,183
Directors and Officers. — Same as Long Island R. R. Co.
BAILROAD MANUAL OF THE UNITED STATES.
177
SOUTHEEN EAILEOAD OF LONG ISLAND.
Line of Road.— Busli wick, N. Y., to Patchogue, N. Y 51.67 miles.
Branches and leased lines (see Long Island R. R.) 19.19 "
Total length of line owned, leased, and operated .... 70.86 miles.
Sidings, etc., 21.65 miles. Gauge, 4 feet 8£ inches. Rail, 52, 56, and 60 Ibs.
Organized as South Side R. R. Co. March 28, 1860, and road completed Septem-
ber 25, 1874. Sold under foreclosure September 16, 1874, and reorganized under
present title. Leased, May, 1876, to Long Island R. R. Co.
Rolling Stock. — Included in lessees' returns.
Operations. — Included in lessees' returns. Rental received, $81,687.50. Inter-
est paid, $100,235.09.
Financial Statement, September 30, 1877.— Capital stock authorized, $750,000 ;
paid in, $291,600. Funded debt, $2,822,850 ; floating debt, $414,269.60— total, stock,
bonds, and debt, $3,524,719.60. Per contra: Graduation, etc., $2,494,286.71 ; equip-
ment, etc., $474,306.32— total cost of construction, $2,965,593.03. Included in the
funded debt are the bonds of the leased lines — Far Rockaway, $75,000, and Valley
Stream branch, not stated.
Statement of funded debt in detail, April 30, 1876 (latest furnished) :
Character of Bonds.
Date of
Bonds.
Rate
p. c.
Interest
Payable.
Principal,
When Due.
Amount
Autho-
rized.
Amount
Out-
standing.
S. S. R. R. Co., 1st Mortgage .
Mar. 1, 1867.
7
Mar. and Sept
Mar 1 1887
$750 000
$750 000
Sinking Fund
May 2, 1870
7
May and Nov
May 1 1900
2 2oO 000
1 500 000
Rockaway Branch
Jan. 1, 18(i9.
7
Jan. and Jujy
July 1, 1879
60 000
60 000
Southern R. R
Oct 31, 1874.
7
May and Nov.
Nov 1 1879
500 000
405 000
South Hempstead Branch ....
Jan. 1, 1875.
n
Jan. and July.
July 1, 1895.
64,300
64,300
Directors and Officers. — Same as Long Island R. R. Co.
NEW% YORK AND HEMPSTEAD EAILEOAD.
Organized July 7, 1871, by the consolidation of the Hempstead and Rockaway
and New York and Hempstead Plains R. R. Cos., and road opened December 5, 1871.
It extends from Valley Stream to Hempstead, 5.42 miles, with 0.25 mile of sidings,
and was leased to the South Side R. R. Co. in 1873 ; and all its operations are included
in that of the Long Island R. R. Co.
Financial Statement, September 30, 1877. — Capital stock paid in, $49,800.
Funded debt, $64,300— total, stock and bonds, $114,100. Per contra: Cost of con-
struction, exclusive of right of way, unadjusted, $219,500.
Officers, etc., same as Long Island R. R. Co.
178 BAILKOAD MANUAL OF THE UNITED STATES.
MIDDLEBUKG AND SCHOHAKIE EAILKOAD.
Line of Road.— Middleburg, N. T., to Sclioliarie, N. Y 5.75 miles.
Sidings, etc., 1 mile. Gauge, 4 feet 8i inches. Rail, 45 Ibs. to yard.
This company was organized March 29, 1867, and the road opened in 1868.
Rolling Stock. — Locomotive engine, 1. Cars, 2.
Operations for year ending September 30, 1877. — Trains run, 15,800 miles. Pas-
sengers carried, 10,200 ; carried one mile, 55,000. Freight moved, 4,357 tons ; moved
one mile, 24,500 tons. Gross earnings,$7,984.92 ; operating expenses, $6,722.16 ; net
earnings, $1,262.76. Payments: Interest, $1,190— surplus, $72.76.
Financial Statement,! September 30, 1877.— Capital stock, $100,000 ; paid in,
$85,800 ; funded debt, 1st mortgage 7 per cent, bonds, $18,000 ; floating debt, $200—
total, stock, bonds, and debt, $104,000. Per contra : Cost of road and rolling stock,
$105,000.
D. D. DODGE, President Middleburg, N. T.
Svpt. A Treas.—P. S. Danforth, Middleburg, N. Y. | Secretary— J acob Neville Middleburg, N. Y.
PRINCIPAL OFFICE AND ADDRESS Middleburg, N. Y.
MIDDLETOWN AND CKAWFOKD KAILROAD.
Line of Road.— Crawford Junction, N. Y., to Pine Bush, N. Y 10.22 miles.
Sidings, etc., 0.25 mile. Gauge, 4 feet 8i inches. Rail, 50 Ibs. to yard.
This company was organized August 3, 1868, and the road opened in 1872.
Rolling Stock. — Locomotive engine, 1. Cars, 2.
Operations for year ending September 30, 1877. — Trains run, 17,758 miles. Pas-
sengers carried, 20,373. Freight moved, 7,975 tons. Total earnings, $22,103.12;
operating expenses, $14,690.28 ; net earnings, $7,412.84. Paid interest, $3,282.50.
Financial Statement, September 30, 1877.— Capital stock ($250,000) paid in,
$124,137.54 ; and funded debt, 1st mortgage 7 per cent, bonds, $82,000— total, $206-
137.54. Per contra : Cost of road, etc., to October 1, 1876, $192,152,57.
DANIEL THOMPSON, President and Supt. .Thompson Ridge, N. Y.
Secretary and Treasurer— Isaac P. Madden Middletown, N. Y.
PRINCIPAL OFFICE AND ADDRESS Thompson Ridge, Orange Co., N. Y.
NEWBUBG, DUTCHESS AND CONNECTICUT EAILEOAD.
Line of Road. — Millerton, N. Y., to Dutchess Junction, N. Y 58 58 miles.
Sidings, etc., 8 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
This company is the successor of the Dutchess and Columbia R. R. Co., which
BAILROAD MANUAL OF THE UNITED STATES.
179
was organized September 4, 1866, and the road opened in 1871. It was subsequently
made a part of the projected New York, Boston and Montreal Railway, intended to
extend from the former to the latter two cities — a scheme never fully carried out.
The N. Y., B. and M. Ry. Co., which undertook to assume the liabilities of the Dutchess
and Columbia R. R., becoming embarrassed, the latter road was, in 1874, placed in
the hands of a Receiver, for default in payment of interest on the 1st mortgage bonds,
amounting to $1,500,000. It was sold, August 5, 1876, under foreclosure, and reor-
ganized under its present title, February 1, 1877.
Rolling Stock. — Not reported for 1877. The returns of 1872 (latest given) were :
Locomotive engines, 7 ; Cars — passenger, 5 ; baggage, mail, and express, 1 ; and
freight, 229— total revenue cars, 235.
Operations for eight months ending September 30, 1877. — Trains run — passen-
ger, 23,749; freight, 48,977— total, 72,726 miles. Passengers carried, 56,992; carried
one mile, 535,911. Freight moved, 71,430 tons ; moved one mile, 1,905,038 tons.
Earnings.
From Passengers $14,315 39
" Freight, etc 87,75151
Expenditures.
For Maintenance of Way $26,312 24
" Transportation, etc 71,411 96
$102,066 90 $97,724 20
Balance — net earnings, $4,342.70, used in construction account.
For several years the earnings were embraced in those of the N. Y., B. and M.
Ry., as shown in the MANUAL for 1877-78. It is, therefore, impossible to give the
statement for a line of years.
The outstanding bonds at time of sale, were $1,500,000, and holders of $1,161,000
joined in the purchase. By the terms of reorganization, the bonds are to be con-
verted into stock. The floating debt, according to report to State Engineer, amounted,
September 30, 1877, to $169,988.03. The construction account amounts to $174,330.73.
Directors (elected 1877).— J. N. Whiting, J. S. Schultze, Samuel Thome, R. L.
Belknap, J. D. Wing, New York ; W. S. Eno, W. N. Sayer, Pine Plains, N. Y.; J.
Eighmire, Poughkeepsie ; Albert Evans, La Grange, N. Y.; W. R. Shultze, Manches-
ter, N. Y.; W. P. Storm, E. Fishkill, N. Y.
J. N. WHITING, Vice-President New York.
Treasurer— 3. S. Schultze New York. | Supt.— Ch. Kimball Dutchess Junction, N. Y.
PRINCIPAL OFFICE AND ADDRESS 59 Wall Street, N. Y.
NEW JERSEY AND NEW YORK RAILROAD.
Line of Road. — Jersey City, N. J., to Stony Point, N. Y 32.0 miles.
Leased line : Nanuet and New City R. R 4.5 "
Total length of line owned, leased, and operated 36.5 miles.
Sidings, etc., 6 miles. Gauge, 6 feet. Rail, 60 Ibs. to yard.
Organized November 4, 1874, by consolidation of Hackensack and New York and
H. and N. Y. Extension R. R. Cos. Road opened May 3, 1875. The Nanuet and
New City R. R. is operated as the New City Branch. The road was placed in the
hands of a Receiver in 1877.
180
RAILROAD MANUAL OF THE UNITED STATES.
Rolling Stock. — Locomotive engines, 6. Cars — passenger, 20; freight, 20 —
total, 40.
Operations for year ending September 30, 1877. — Trains run — passenger, 149,203 ;
freight, 25,826 — total, 175,029 miles. Passengers carried, 379,073; carried one mile,
5,697,461. Freight moved, 49,474 tons ; moved one mile, 969,432 tons.
Earnings.
From Passengers $111,397 71
" Freight, etc 55,67044
$167,068 15
Expenditures.
For Maintenance of Way $20,839 49
" Transportation, etc 117,328 41
$138,167 90
Balance— net earnings, $28,900.25. Payments— tolls to Erie Ry. Co., $34,651.
Abstract of operations and financial condition for three years :
Years.
Miles
R.R.
Engines.
O
Train
Miles.
Passen-
gers.
Freight
Tons.
Gross
Earn-
ings.
Net
Earn-
ings.
Capital
Stock.
Bonds.
Cost of
Construc-
tion.
1874-75
36.5
36.5
36.5
8
8
6
40
40
40
179,558
184,256
175,029
410,928
415,037
379,073
40,25'?
43,284
49,474
$169,270
172,089
167,068
$49,596
34,397
28,900
$1,187,400
1,187,400
1,187,400
$932,500
1,034,501)
1,034,500
$2.531,722
2,574,483
2,588,404
1875-76
1876-77
Financial Statement, September 30, 1877. — Capital stock paid in, $1,187,400 ;
funded debt, $1,034,500 ; floating debt, 416,813.71— total, stock, bonds, and debt,
$2,638,713.71. Per contra : Cost of construction and equipment, $2,588,404.10.
Statement of funded debt in detail :
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal,
When Due.
Amount
Authorized.
Amount
Out-
standing.
Hack & N Y R R. Co
Jan 1 1867
7 p c
Jan and July
Jan 1 1877
$100000
do. Ext. R. R. Co.
N. J. & N. Y. R. R. Co.
Nov. 1, 1870.
Mar. 1, 1873.
7 p. c.
7 p. c.
May and Nov.
Mar. and Sept.
Nov. 1, 1890.
Mar. 1, 1893.
700,000
6,000,000
$700,000
365,000
The funded debt consists of 1st mortgage gold or sterling bonds, bearing 7 per
cent, interest, payable March and September, dated March 1, 1873, and payable March
1, 1893. Total amount authorized, $1,500,000.
D. P. PATTERSON, ) „ ( New York City.
TT T T r Receivers. •{ T ~.A ,T T
V. L. LARY, [ ( Jersey City, N. J.
Superintendent— L. D. Bruyn Jersey City. | Cashier— H. C. Deming .New York .
PRINCIPAL OFFICE AND ADDRESS 84 Broadway, New Yprk City.
NANTJET AND NEW CITY BAILKOAD.
Line of Road. — Nanuet, N. Y., to New City, N. Y 4.5 miles.
Sidings, etc., 0.75 mile. Gauge, 4 feet 8^ inches. Rail, 56 Ibs.
RAILROAD MANUAL OF THE UNITED STATES. 181
Organized May 23, 1871, opened 1875. Leased to New Jersey and New York R.
R. Co., in which all operations are included.
Financial Statement, September 30, 1877.— Capital stock paid in, $23,330.77 ;
floating debt, $53,390.75— total, stock and debt, $76,721.52. Per contra : Cost of con-
struction, $76,224.89.
F. VERDIN, President. Charlestown, N. Y.
NEW YOKK AND ALBANY KAILKOAD. (Projected.)
Line of Road.— Jersey City, N. J., to Albany, N. Y about 150 miles.
Organized October 26, 1865. Preliminary surveys have been made, and the pro-
files and maps in the several counties filed, as required by law.
Financial Statement, September 30, 1877. — Capital stock authorized, $5,000,000 ;
subscribed, $156,100; and paid in, $15,610. Floating debt, $29,904.17. Per contra:
Construction, $45,514.17.
Directors. — Joseph H. Ramsey, Thomas W. Olcott, Robert H. Pruyn, Erastus
Corning, Jr., James Kidd, and Daniel S. Lathrop, Albany, N. Y. ; Robert L. Kennedy
and Abiel A. Low, New York City ; and Thomas Cornell, Rondout, N. Y.
JOSEPH H. RAMSEY, President Albany, N. Y.
Treasurer. . . Thomas W. Olcott. | Secretary W. L. M. Phelps. | Engineer. . . . Charles W. Wcntz.
PRINCIPAL OFFICE AND ADDRESS No. 262 Broadway, Albany, N. Y.
NEW YOUK, BAY EIDGE AND JAMAICA KAILROAD.
Line of Road.— Bay Ridge, L. I., to New Lots Road, L. 1 2.25 miles.
Sidings, etc., 1.80 mile. Gauge, 3 feet. Rail, 40 and 56 Ibs.
Road opened 1877. Leased to N. Y. and Manhattan Beach Ry. Co.
Rolling Stock.— Furnished by lessees.
Operations for year ending September 30, 1877.— Trains run— 14,182 miles. Pas-
sengers carried, 131,238. Freight moved, 5,808 tons. Earnings from passengers,
$26,121.78; freight, etc., $4,220.49— total, $30,342.27. Operating expenses, $20,-
766.93. Balance — net earnings, $9,581.34. Payments— interest, $4,974.12. Sur-
plus, $4,607.22.
Financial Statement, September 30, 1877.— Capital stock authorized, $300,000 ;
paid in, $102,540. Funded debt, $182,200; floating debt, $38,065.74— total, stock,
bonds, and debt, $322,805.74. Per contra: cost of construction, $283,010.14.
AUSTIN CORBIN, President New York.
Superintendent— J '. D. Barton New York. | Treasurer— F. W. Dunton New York.
PRINCIPAL OFFICE AND ADDRESS 61 Broadway, New York.
182 BAILROAD MANUAL OF THE UNITED STATES.
Line of Road.— New York City to Buffalo, N. Y 441.75 m.
Laterals and Branches, named below (23.55 m. double track) 298.42 "
Leased lines, named below (49.96 m. double track) 260.03 "
Total length of lines owned and operated 1,000.20 m.
Double track (all lines), 515.26 m. ; third track, 257.92 m. ; fourth track, 229.12
m. ; sidings, 469.49 miles. Gauge, 4 feet 8J inches. Rail (all steel), 65 Ibs. to yard.
The New York Central and Hudson River Railroad Company was organized by
the consolidation, October, 1869, of the New York Central and the Hudson River Rail-
road Companies, which up to that date had maintained a separate corporate existence.
The New York Central R. R. Co. was formed under act of April 2, 1853, by the
consolidation of various lines of railroad between Albany and Buffalo, named below :
Albany and Schenectady Railroad, the oldest in the State, chartered in 1826, under
the name of Mohawk and Hudson R. R. Co., with power to build a railroad from
Albany to Schenectady. This road, completed September 24, 1831, was a series of
inclines — the motive power being stationary engines and horses, alternating with
locomotive engines. This method was soon abandoned, and the locomotive used for
the entire length of the line, 17 miles. In 1847, the name was changed to Albany and
Schenectady.
The Utica and Schenectady Railroad, chartered in 1833, and opened Aug. 1, 1836.
The Syracuse and Utica Railroad, chartered in 1836, and opened July 3, 1839.
The Auburn and Syracuse Railroad, chartered in 1834, and opened in 1839.
The Auburn and Rochester Railroad, chartered in 1836, and opened in Aug., 1841.
The Tonawanda Railroad, from Rochester to Attica, chartered in 1832, and opened
to Attica in 1842.
The Attica and Buffalo Railroad, chartered in 1836, and opened in December, 1842.
The completion of the last named road made a continuous line of railroad from
the Hudson River at Albany, to Lake Erie, at Buffalo, but consisting of seven distinct
lines, all under separate management.
The Attica and Buffalo and the Tonawanda R. Rs. were consolidated December 7,
1850, under the title of Buffalo and Rochester R. R. ; the same year the Auburn and
Rochester and Auburn and Syracuse R. Rs. were consolidated, under title of Roches-
ter and Syracuse R. R.
Meantime other railroads were built, and afterwards comprised in the New York
Central, as follows :
The Lockport and Niagara Falls Railroad, chartered 1834, and opened 1838 ; after-
wards, December 14, 1850, reorganized under title of Rochester, Lockport and Niagara
Falls R. R. ; and the line from Niagara Falls to Rochester, opened July 1, 1852.
The Schenectady and Troy Railroad, chartered 1836, opened 1842.
The Rochester and Lake Ontario Railroad, organized May 17, 1852 ; opened, 1853-
The Buffalo and Lockport Railroad, organized April 24, 1852 ; opened 1854.
The Syracuse and Rochester Direct Railroad, organized Aug. 6, 1850 ; opened, 1853.
In addition to the above, .the Syracuse and Utica Direct, and the Mohawk Valley
Railroad Co., organized, but with no road, were consolidated into the New York Cen-
tral.
BAILROAD MANUAL OF THE UNITED STATES.
183
The agreement of consolidation was entered into May 17, 1853, and the company
was fully organized July 6, 1853, and took possession of the several lines Aug. 1, 1853.
The Buffalo and Niagara Falls Railroad, chartered 1834, and opened 1837, was
leased at the date of consolidation, and in 1855 was merged with the New York
Central.
The Niagara Bridge and Canandaigua R. R., organized March 18, 1851, under
name of Canandaigua and Niagara Falls R. R., and opened April 1, 1854, was leased
July 1, 1858, to New York Central R. R., and lease continued by new organization.
The Hudson River Railroad Company was chartered May 12, 1846, and the road
opened through its entire length October 3, 1851. Prior to its consolidation with the
New York Central R. R. it had taken a lease of the Troy and Greenbush Railroad,
chartered and opened 1845, which was assumed by the new organization.
Under the present organization, the following roads have been leased:
Junction R. R. (Buffalo), organized April 20, 1870, opened and leased, 1871.
Spuyten Duyvil and Port Morris R. R., organized Mch. 4, 1869 ; opened and leased, 1871.
New York and Harlem R. R., chartered 1831, opened 1852, leased April 1, 1873.
New York and Mahopac R. R., organized March 7, 1871, opened and leased, 1871.
Syracuse Junction R. R., organized June 9, 1873, opened and leased, 1874.
RECAPITULATION OF ENTIRE LINE.
Road,
Miles of.
2d Track,
Miles of.
3d Track,
Miles of.
4th Track,
Miles of.
Sidings
and
Turnouts,
Miles of.
Total
Miles.
New York to E. Albany
144.00
144.00
15.88
44 11
347 99
Albany to Buffalo
297.75
297.75
238.19
225.27
388 03
1,446 99
441 75
441 75
254 07
225 27
432 14
1 794 98
Athens Branch
40.29
40 29
Troy and Schenectady
21 00
21 00
Syracuse. Auburn, and R'chstr
104.00
19.55
123.55
Attica Branch
11.00
11 00
Niagara Falls Branch
74.75
74 75
12.25
12 85
Charlotte Branch
6 83
6 88
Lewiston Branch
28.25
4.00
32.25
Total Branches
298.42
23.55
321.97
Total Main and Branches. . .
740.17
465.30
254.07
225.27
432.14
2,116.95
Leased.
Spuyten Duyvil and Pt. Morris.
6.04
6.04
12.08
Troy and Greenbush
6.00
6.00
*
12.00
N. B. and Canandaigua
98.46
2.50
103 96
Buffalo Junction
7 67
2.67
1.24
16 58
Syracuse Junction
7.81
7.81
15 62
New York and Harlem.
126.96
22.44
3.85
3.85
30.61
187 71
Lake Mahopac
7.09
7.09
Total Leased, etc
260.03
49.96
3.85
3.85
37.35
355.04
Aggregate
1 000.20
515 26
257.92
229.12
469.49
2 471 99
* Sidings included in main line.
This company has also operated the Dunkirk, Allegheny Valley, and Pittsburg
R. R. (90.6 miles) under lease; but its operations are not included herein.
184: RAILROAD MANUAL OF THE UNITED STATES.
Statement showing the length of line in use yearly September 30, for ten years :
1868.
1869.
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Line? Owned —
Lines Leased . . .
Total
737.75
104.46
737.75
104.46
737.75
104.46
740.17
104.46
740.17
110.50
740.17
110.17
740.17
260.03
740.17
260.03
740.17
260.03
740.17
260.03
842.21
635.70
842.21
650.30
842.21
680.25
844.63
707.97
850.67
776.84
858.34 1,000.20
858.03 1,359.19
1,000.20
1,382.19
1,000.20
1,432.79
1.000.20
1,471.79
Sec. Track, etc. .
Equiv. Sin. Tr. .
1,477.91
1,492.51 j 1,522.46
1,552.60 1,627.51
1,716.37
2,359.39
2,382.39
2,432.99
2,471.99
Rolling1 Stock. — Locomotive engines, 602 ; dummy engines, 8. Cars — passen-
ger, first class, 416 ; second class and emigrant, 80 ; baggage, mail, and express, 211,
and freight (all classes), 15,661 — total revenue cars, 16,368.
Statement of rolling stock in use on road yearly for ten years — September 30 :
1868.
1869.
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Locomotives
374
378
400
424
447
511
564
558
557
602
(Passenger, 1st Class. .
2d Class..
Baggage, etc
346
110
131
342
109
130
331
114
132
333
115
129
321
70
158
351
70
117
436
76
217
427
81
222
427
88
215
416
80
211
Freight
6,175
7,351
9,026
8,849
10,983
13,745
14,736
14,597
15,310
15,661
Cars of all kinds . . ....
6,762
7,932
9,603
9,426
11,532
14,023
15,465
15,327
16,035
16,368
The statement of rolling stock includes that of the Harlem R. R. since 1874.
Operations for year ending September 30, 1877. — Trains run — passenger, 4,594,-
540 ; freight, 9,774,038 ; and other, 4,154,569— total, 18,523,147 miles. Passengers
carried, 8,919,438; carried one mile, 316,847,325. Freight moved, 6,351,356 tons ;
moved one mile,!, 619,948,685 tons.
Earnings.
From Passengers $6,576,816 33
Freight 16,424,316 67
Car Service 1,057,11374
Mail 326,420 52
Rents 1,055,855 72
Interest 355,281 24
Use of Road and Telegraph 240,426 20
Miscellaneous 542,855 48
Expenditures.
For Maintenance of Way $2,456,115 40
Rolling Stock 2,864,784 90
Fuel 1,873,26465
Transportation 5,039,105 04
Car Service 1,625,08334
Rents 342,126 66
Lighterage, etc 569,863 62
Miscellaneous 175,813 26
$26,579,085 90 $14,946,161 87
Balance— net earnings, $11,632,924.03. Payments from earnings— interest,
$2,744,004.59 ; dividends, 8 per cent., $7,140,659.48 ; rent of Harlem R. R., $1,945,-
572.19— total payments, $11,830,236.26. Balance, deficit, $197,312,23.
Statement of rates per passenger and per ton per mile (in cents) for eight years,
since consolidation :
1869-70.
1870-71.
1871-72.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
For passenger p. m.
Per ton per mite. . . .
2.097
1.855
2.156
1.649
2.087
1.592
2.064
1.5?2
2.137
1.462
2.147
1.274
1.912
1.051
2.075
1.014
EAILROAD MANUAL OF THE UNITED STATES.
185
Abstract of operations for ten years :
I.— TRAIN, PASSENGER, AND TONNAGE OPERATIONS FOR TEN YEARS.
Fiscal Years.
Miles run by Trains.
Passengers Carried.
Freight (Tons) Moved.
Passenger.
Freight.
Other.
Total.
Number.
One Mile.
Number.
One Mile.
1867-68
2,795,778
2,921,032
4,024,178
3,645,690
4,076,800
4,311,884
4,435,221
4,563,688
4,743,485
4,594,540
3,930,895
4,459,593
7,405,699
6,986,107
7,911,251
9,666.344
9,981,040
8,457,816
9,278,266
9,774,038
82,107
75,573
6,808,780
7,456,198
11,4,29,877
10,631,797
11,988,057
17,256,361
18,636,701
17,198,878
18,246,607
18,523,147
6,505,621
6,839,413
7,044,946
6,854,234
7,138,779
7,630,741
9,878,352
9,422,629
9,281,490
8,919,438
297,482.846
313,184;425
321,365,953
288,678,896
319,150,860
339,122,621
350,781,541
338,934,360
353,136,145
316,847,325
2,562,862
3,190,840
4,122,000
4,532,056
4,393,965
5,522,724
6,114,678
6,001,954
6,803,680
6,351,356
455,046,715
589,362,849
769,087,777
888,337,865
1,020,908,885
1,246,650,000
1,391,560,707
1,404,008,029
1,674,447,055
1,619,948,685
1868-69
1869-70
1870-71
1871-72
1872-73
3,278,133
4,220,440
4,117,374
4,224,856
4,154,569
1873-74
1874-75
1875-76
1876-77
II.— CLASSIFICATION OF FREIGHT FOR TEN YEARS.
Fiscal Years.
Products
of
Forest.
Products
of
Animals.
Vegetable
Food.
Other
Agricult'l
Products.
Manufac-
tures.
Merchan-
dise.
Other
Articles.
Total
Tons.
1867-68
j 13,411
176,440
133,824
54,206
127,338
134,504
76,540
716,263*
1868-69
1 100,067
j 18,073
358,092
186,434
568,680
178,304
40,915
51,089
135,211
171,107
252,351
202,007
390,783
101,941
1,846,599
908,955*
1869-70. .
1870-71
I 122,436
224,169
274,685
405,617
622,744
708 904
764,831
1,297,481
1 459 919
48,523
86,178
117 627
161 ,639
381,052
389 603
291,787
723,643
626 245
487,052
886,733
9f>5 073
2,281,885
4,122,000
4 532 056
1871-72
317,727
785,879
1,158,894
249062
489 720
474 272
918 411
4 393 965
1872-73
425,115
962 767
1 452962
172 506
493 935
565 495
1 449 944
5 522 724
1873-74
458.527
973 653
1,678,476
219 815
626 632
538 080
1 619 495
6 114 678t
1874-75
383,708
832 935
1 669 070
242 750
673 274
560 176
1 640 041
6 001 954t
1875-76
408,564
827.278
2,100339
317 710
767 190
546 047
1 836 552
6 803 680t
1876-77
414,869
855,439
1,787,112
386 146
750389
575 801
1 581 600
6 351 356t
* Hudson Kiver R. R. before consolidation.
t Including N. Y. and Harlem R. R.
III.— EARNINGS, EXPENSES, PROFITS, DIVIDENDS, ETC., FOR SAME TEN YEARS.
Gross Earnings.
Dividends.
Fiscal
Years.
Current
Expenses.
Net
Earnings
/T>r»^-fif cA
.
Passenger.
Freight.
Other.
Total.
(_JtToniS;.
Amount.
1
1867-68
6,064,266 27
12,479,950 34
$
1,360,698 57
$
19,904,915 18
8
13,534,846 60
$
6,370,068 58
$
j 2,110,248 00
1 1,003,880 00
1
1868-69
6,498,408 31
14,066,386 22
1,506,279 80
22,071,074 33
14,166,562 36
7,904,511 97
] 4,318,804 00
\ 1,259,363 00
*8
8
1869-70
6,738,592 01
14,489,216 52
1,135,511 14
22,363,319 67 14,068,079 31
8,295,240 36
6,861,241 29
8
1870-71
6,224,739 74 14,647,580 06 1,099,785 67
21,972,105 47 13,711,288 87
8,260,816 60
7,258,741 70
8
1871-72
6,662,006 82 16,259,646 79 2,659,022 26
25,580,675 87
16,446,436 32
9,134,239 55
7,244,831 78
8
1872-73
6,999,456 01
19,616,017 90 2,511,377 26i 29,126,851 17
17,641,987 61j 11,484,863 56
7,136,790 08
8
1873-74
7,497,356 54 20,348,725 23 4:804,304 95
31,650,386 72
18,388,297 56 13,262,089 16
7,136,884 60
0
1874-75 7,276,847 54 17,899,701 50 3,850,668 99
29,027,218 03 17,262,107 64 11,765,110 39
8,920,849 96
10
1875-76 6,672,966 88 17,593,264 78 3,780,356 79 28,046,588 45| 16,124,172 34
11,922,416 00
7.139,528 00
8
1876-77
6,576,816 33
16,474,316 67
3,577,952 90
26,579,085 90
14,946,161 87
11,632,924 03
7,140,659 48
8
* N. Y. Central R. R. Company ; all others to 1868-69 are Hudson River R. R. Company.
186
EAILROAD MANUAL OF THE UNITED STATES.
IV.—" OTHER EARNINGS " IN DETAIL, FOR TEN YEARS.
Fiscal Years.
Car Service.
Mail.
Rents.
Interest.
1867-68
$46 875*
$51,446*
$48,658*
1868-69
52,500*
58,237*
33,719*
1869-70
1870-71 .
1871-72
$882,079
192,870
217,808
58,275
1872-73
1,104,527
179,173
235,941
154,889
1873-74
1 292 656
350,961
679,386
230,551
1874-75
1,078,331
325,319
730,637
263,869
1875-76
973,293
446,537
828,615
337,801
1876-77
1,057,114
326,421
1,055,856
355,281
Use of
R. R., etc.
Miscel-
laneous.
$1,213,720
1,361,823
1,135,511
1,099,786
1,307,991
836,846
$274,904
273,965
261,093
236,008
975,846
1,178,548
843,018
547,273
* Hudson River R. R. only.
V. — OPERATING EXPENSES IN DETAIL, FOR TEN YEARS.
Fiscal Years.
Main-
tenance of
Way.
Rolling
Stock.
Fuel.
Trans-
portation.
Car
Service.
Rents.
Lighter-
age.
Miscel-
laneous.
1867-68
$
5 478 880
$
2 239 516
$
1 480282
$
3 255,245
$
$
424,159
$
$
172 617
1868-69
5 249 429
2301 134
1 433 570
3 708,101
72,361
63,369
119868
1869-70
4564434
2 895 660
1,868 929
3,983,180
755 876
1870-71
4,832592
2 278,353
1,645,276
4,048,035
774,317
1871-72
5 153 498
2723074
2 184632
4 579 602
1,139,436
74 033
407028
203 133
1872-73
4233489
3034341
2 590 174
5,281,224
1,499,938
78.588
545,429
378805
1873-74
3 775,526
3395007
2.211,420
6,034,120
1,909,377
91,816
739,357
231,675
1874-75
3,686,642
3 429,356
2,004,763
5,412,657
1,524,127
286,724
726,398
191,441
1875-76
2,61(>,695
2,963,753
2,240,048
5,467,979
1,524,953
310,500
830,581
169,663
1876-77
2,456,115
2,864,785
1,873,265
5,039,105
1,625,083
342,127
569,864
175,813
VI. — DISTRIBUTION OF NET EARNINGS, FOR TEN YEARS.
Fiscal Years.
Interest.
Dividends.
Rent of
other Lines.
Con-
struction.
U. S.
Tax.
Sinking
Fund.
Surplus.
1867-68
$1 290 896
$3 144 128
$60000
$291 307
$152 057
$111 182
$1 388
1868-69
1 245 559
5 613 167
60000
1,095,312
164,798
111 182
1,026 585
1869-70
1,093 841
6,861 241
60,000
168,976
111,182
1870-71
721,308
7,258,742
60,000
11,749
111,182
27,462
1871-72
1,030,372
7,244,832
131,997
712,237
14,802
1872-73
1,218 423
7 136 790
743 384
2,364,747
21 520
1873-74
1.984,364
7,136,885
1,564,370
2,460,555
115,916
1874-75
2,728,119
8,920,850
1,697,796
*1, 581, 654
1875-76
2,791,629
7,139,528
1,917,711
73,548
1876-77
2,744,005
7,140,659
1,945,572
*197,312
* Deficit.
Included in the above statement of "other articles" of freight are 1,043,107 tons
of coal for 1875-76, and 772,916 for 1876-77.
Financial Statement, September 30, 1877.
Construction $75,033,786 52
Equipment 17,868,94926
Engineering, etc 2,999,473 27
Branches, etc 3,230,199 66
Balance, Reserve Fund, etc 30,631,336 84
$129,763,745 55
Capital Stock $89,232,900 00
Certificates .
195,400 00
FundedDebt 39,801,23333
Bonds and Mortgages, Real Estate . . . 534,212 22
$129,763,745 55
Of the amount paid for construction, $19,501,106.83 was paid for graduation and
masonry ; $2,528,026.21 for bridges ; $29,119,425.68 for superstructure, including iron
RAILROAD MANUAL OF THE UNITED STATES.
187
and steel rails ; $11,926,328.49 for buildings, stations, etc. ; $11,968,899.31 for lands,
fences, etc. ; $5,998,903.51 for locomotives ; $11,880,045.75 for cars ; and $2,999,473.27
for engineering and agencies.
Abstract of principal items of construction account for eight years :
Year.
Grading
and
Masonry.
Super-
structure.
Buildings,
etc.
En-
gines.
Cost.
Pass.
Cars.
Cost.
Prt.
Cars.
Cost.
Total
Cost.
$
$
$
$
$
$
$
1869-70.
13,134,561 13,822,025 7,875,479
408
4,320,865
577
1,399,691
8,840
5,914,666
59,765,684
1870-71.
13,154.408 13,986,053 8,000,490
432
4,543,079
577
1,387,178
8,849
5,915,105
60,413,657
1871-72.
13,308,246 14,467,556 8,258,915
455 4,784,079
549
1,387,178
10,983 7,242,380
63,299,924
1872-73.
16,078,299 19,229,598; 9,294,623
519
5,539,584
598
1,704,538 13,745
9,514.394
78,014,955
1873-74.
18,551,779 27,872,767
9,807,466
572
5,714,904
729
1,779,644 14,736 9,623,902
92,506,504
1874-75.
19,345,935 28,564,426 11.032,457
566
5,660,904
730
1,793,344 14,597
9,547,702
96,355,775
1875-76.
19,423,107 28,826,926 11,654.887
565
5,628,904
725
1,780,144
15,310
9,940,402
97,822,811
1876-77.
19,501,107
29,119,426
11,926,328
602
5,988,904
707
1,764,144
15,661
10,115,902
99,142,409
Abstract of financial statement for twelve years :
September
30.
Stock and
Certificates.
Funded
Debt.
Cost of
Road and
Equipment.
September
30.
Stock and
Certificates.
Funded
Debt.
Cost of
Road and
Equipment.
1866
$31 364,250
$22.323,264
$51,638,948
1872
t$89,428,300
$16,496,020 00
$63,299.924 00
1867
38,518.500
18,463,370
54,009,442
1873
t89,428,300
27,725,533 33
78,014,954 65
1868
42 712,700
17,533,864
55 703,648
1874
t89,428,300
38,484,742 62
92,506,503 97
1869
*67 851 800
15 707 646
57,523,234
1875
t89 428,300
40,003,667 62
96,355,774 50
1870
t89,428.330
13,681,807
59,345,620
1876
89,428,300
39,844,733 33
97,822,811 05
1871
t89,428,330
15,231,719
60,413,657
1877
89,428,300
39,801,233 00
99,142,408 71
* Including $2,100,000 issued by Hudson River R. R. Company for the purpose of taking up certain
bonds, and also $23,036,000 certificates issued by N. Y. Central R. R. Company, and distributed at the
rate of 80 per cent, on the previously existing stock.
t Including consolidation certificates, 27 per cent, on the previously existing stock of the N. Y.
Central, and 85 per cent, on that of the Hudson River R. R Company.
Statement in detail of funded debt, September 30, 1877 :
Description of Bonds.
Interest.
Date of
Maturity.
Amount
Issued.
Outstand'g
Sept. 30,
1877.
Rate.
Payable.
NEW YORK CENTRAL R. R.
Debt Certificates or Premium Bonds ....
6
6
6
6
6
May 1 & Nov. 1
May 1 & Nov. 1
May 1 & Nov. I
May 1 & Nov. 1
Juuel5&Dec.l5
May 1, 1883
May 1, 1883
May 1, 1883
May 1, 1883
Dec. 15, 1861
$8,892,600
110,800
817,000
245,000
3,000,000
$6,632,400
74,500
592,000
162,000
2,391,000
Bonds for B. & N. F. R. R. Stock
" " Real Estate
" in place of 7 p. c. Bonds of '54
Total of N. Y. C. R. R. Bonds
$18,132,265
2,000,000
$9,851,900
1,751,000
HUDSON RIVER R. R.
2d Mortgage Sinking Fund
7
June and Dec.
June 16,1885
Total of H. Riv. R. R. Bonds
$2,000,000
18,465,000
£2,000,000
$1,751,000
18,465,000
9,733,333
N. Y. CEN. & H. RIVER R. R.
1st Mort., Coupon and Registered
7
6
Jan. and July..
Jan. and July..
Jan. 1, 1903
Jan. 1, 1903
" " Sterling
Total Bonds
$28,198,733
$39,801,233
188
RAILROAD MANUAL OF THE UNITED STATES.
Directors (elected June 6, 1877). — William H. Vanderbilt, Cornelius Yanderbilt,
W. K. Vanderbilt, Fredk. W. Vanderbilt, Augustus Schell, Samuel F. Barger, Joseph
Barker, Chauncey M. Depew, Jolin E. Burrill, and James H. Rutter, New York City;
Chester W. Chapin, Springfield, Mass.; George J. Whitney, Rochester, N. Y.; and
James M. Marvin, Saratoga Springs, N. Y.
WILLIAM H. VANDERBILT, President New York City.
Cornelius Vanderbilt, First Vice- President " "
Wm. K. Vanderbilt, Second Vice-President " "
Secretary — Edwin D. Worcester N. Y. City.
Treasurer— Chas. C. Clarke
Assist. Treasurer — Cha*. Wendell
Gen. Traffic Manager — Jas. H. Butter..
Gen. Fgt. Agt.—E. Clark, Jr
Asst. Gen. Fgt. Agt.—S. Goodman —
Asst. Gen. Fgt. Agt. H. D.—3. R. Collins
Gen. Pass. Agt.—C. B. Meeker
Gen. Counsel— Chauncey M. Depew —
A ItM-nfw -I Frank Loomis
Attorneys— -j c T Titug
Gen. Auditor— Isaac P. Chambers
Audr. of Disbursem'ts.— D. W. Tuthill
Audr. of Pass. Accts. — C. H. Kendrick
Gen. Supt. H. R. & H. D.—3. M. Toucey.N.Y. City.
Gen. Supt. N. Y. C. D.—3. Tillinghast. . .Albany.
Supt. Harlem Div.--Cha*. M. Bissell.. .N.Y. City.
" Eastern Division— Z. C. Priest. . . Utica, N.Y.
" Western Div.— G. H. Burrows. .Syracuse.
Engineer — Chas. H. Fisher Albany!
" Harlem Div.—T?. S. Curtis. . . .N. Y. Ci y.
Purch. Agent — Cornelius V. Deforest..
Paymaster — Charles Reed
Supt. Car Dept. — Leander Garey
* Motive Pr. H. D.—W. M. Strong.
" Mot. Pr. H. R. D.—Vf. Buchanan.
" Mot. Pr. E.D.—G. B. Van Vorst.Albany.N.Y.
Mot. Pr. W. D.— H. Watkeys. Syracuse, "
Audr. of Fgt. Accts.—John F. Desmazes, N. Y. City.
PRINCIPAL OFFICE AND ADDRESS. . . .Grand Central Depot, New York City.
DUNKIRK, ALLEGHENY VALLEY AND PITTSBUEG E. E.
Line of Road.— Dunkirk, N. Y., to Titus ville, Pa 90.6 miles.
Sidings, etc., 10.08 miles. Gauge, 4 feet 8i inches. Rail, 56 Ibs. to yard.
Organized December 1, 1872, by consolidation of Dunkirk, Warren and Pitts-
burg, and Warren and Venango R. R. Cos., and road leased to N. Y. Central and
Hudson River R. R. Co. The road is operated by lessees, but the accounts are sepa-
rately kept.
Rolling1 Stock. — Locomotive engines, 12. Cars — passenger, 9; baggage and
mail, 2 ; freight, 88 — total cars, 99.
Operations for year ending September 30, 1877. — Trains run — passenger, 111,-
442 ; freight, 325,587— total, 437,029 miles. Passengers carried, 115,278 ; carried one
mile, 2,305,560. Freight moved, 419,014 tons ; moved one mile, 26,231.561 tons.
Earnings.
From Passengers $61,725^ 60
« ' Freight 253, 672* 1 8
" Mail and Express, etc 26,874 70
Expenditures.
For Maintenance of Way ". $155,440 00
" Rolling Stock 34,490 76
" Transportation, etc 175,176 26
$342,272 48 $365,113 02
Balance— deficit, $22,840.54. Payments not reported. The lessees paid the
interest on the funded debt, as provided in the lease.
Financial Statement, September 30, 1877.— Capital stock, $1,300,000. Funded
debt, 1st mortgage 7 per cent, gold bonds, due June 1, 1900, $2,000,000 ; 2d mort-
gage 7 per cent, currency bonds, due October 1, 1900, $1,000,000 ; 3d mortgage 7 per
cent, currency bonds, due October 1, 1900, $200,000— total, $3,200,000; floating debt,
$182,295.79— total stock, bonds, and debt, $4,682,295.79. Per contra: Cost of road
and equipment, $4,804,235.67.
EA1LEOAD MANUAL OF THE UNITED STATES. 189
For details of consolidation and lease, see MANUAL of 1874-75.
Directors (elected 1877).— W. H. Vanderbilt, W. K. Vanderbilt, Augustus
Scliell, Joseph Barker, S. F. Barger, Chauncey M. Depew, New York City ; H. R.
Pierson and E. D. Worcester, Albany, N. Y. ; J. Condit Smith, Buffalo, N. Y. ;
Rasselas Brown, Warren, Pa. ; D. H. Mitchell, Titusville, Pa. ; and S. M. Newton,
Dunkirk, N. Y.
E. D. WORCESTER, President. Albany, K Y.
Secretary— J. Barker New York City. | Superintendent. . . .Darwin Thayer, Dunkirk, N. T.
Treasurer and Auditor— W. M. Lester Dunkirk, N. Y.
' PRINCIPAL OFFICE AND ADDRESS Dunkirk, N. Y.
JUNCTION (Buffalo) RAILROAD.
Line of Road. — Buffalo, N. Y., to Niagara River Bridge 7.67 miles.
Second track and sidings, etc., 8.91 miles. Gauge, 4 feet 8£ inches. Rail, 66 Ibs.
Organized April 20, 1870. Opened November, 1871. Leased and operated by
N. Y. C. and H. R. R. R. Co.
This road connects the New York Central and Hudson River Railroad at Buffalo
with the International Bridge over the Niagara River. All its operations are included
in lessees' returns.
Financial Statement, September 30, 1877. — Capital stock paid in, $214,600.
Cost of road and equipment, $214,600.
Secretary— ~E. D. Worcester Albany, N. Y. | Treasurer— W . H. Vanderbilt New York City.
NEW YOEK AND HARLEM EAILEOAD.
This company was chartered April 25, 1831, and the road opened in Harlem in
1837, and to Chatham, where it connects with the Boston and Albany R. R., in 1852.
It extends from New York City to Chatham, 126.96 miles, with 22.44 miles of second,
3.85 of third, 3.85 of fourth track, and 30.61 miles of sidings'. There are also 5.5 miles
of street railroad in New York City, and the company has a lease of the New York
and Mahopac R. R. From Chatham to Albany, 24 miles, the company use the line of
the B. and A. R. R. Co. This road, with its leased line, was leased April 1, 1873, for
401 years, to the New York Central and Hudson River R. R. Company — that company
agreeing to pay 8 per cent, annual dividends on the stock, and the interest on the
bonded debt. The lease includes the track to Forty-second street and the Grand Cen-
tral Depot, but not the horse railroad on Fourth Avenue. Under the lease the oper-
ations are included in those of the N. Y. Central and H. R. R. R. Those here re-
ported are for the City (Horse) Railroad.
Operations for year ending September 30, 1877. — Gross earnings of steam R. R.
included in those of the lessees. The operations of the horse railway were as fol-
lows : Horses, 839 ; cars, 116 ; passengers carried, 10,346,730.
190
EAELKOAD MANUAL OF THE UNITED STATES.
Earnings.
From Passengers .$651,375 87
" Other Sources 133,014 21
Expenditures.
For Operating Expenses $467,177 97
" NetEarnings 317,21211
$784,390 08 $784.390 08
Payments from net earnings — Dividends on stock N. Y. and Harlern R. R., $181,-
000; surplus, $136,212.11.
The gross earnings and dividends on the N. Y, and H. R. R., including the horse
railway, for ten years, have been as follows •
! Fiscal Years.
Gross Earnings.
Dividends.
p.c.
Fiscal Years.
Gross Earnings.
Dividends.
p.c.
1867-68
$2,756,232 53
$580,423 16
8
1872-73..,
$3,369,169 86
$720,000 00
8
1868-69
2 776 890 75
587,473 68
8
1873-74
2,501,314 41
720,000 00
g
1869-70
2,709,077 39
631,578 94
8
1874-75
754,660 44
181,000 00
9,
1870-71 .. .
2,698,762 96
656,410 24
8
1875-76
799,401 93
181,000 00
2
1871-72
2,856,524 79
729,231 77
8
1876-77
784,390 08
181,000 00
9!
The earnings since 1873-74, in above table, include only the horse railroad. The
dividends since the lease, as stated in the above table, are in addition to those paid by
the lessees.
General Balance, September 30, 1874 (entire line}.
Construction $15,096,143 83
Albany Extension 2,000,000 00
Equipment 1,566,019 60
Heal Estate 2,519,150 39
Balance.
592,449 74
Capital Stock, Common. . . $7,500,000
" " Preferred.... 1,550,000— $9,050,000 00
Funded Debt 10,617,329 50
Real Estate Mortgages ,
707,000 00
FloatmgDebt '. 1,406,43406
$21,773,763 56
$21,773,763 56
The above is the latest balance sheet issued.
The $2,000,000 of Albany Extension expenditure represent that amount of
certificates issued for the construction of the road from Dover Plains to Chatham
Four Corners (50.5 miles), which matured July 1, 1872, and have all been paid off.
WILLIAM H. VANDERBILT, Vice-President New York City.
Treasurer— Cornelius Vanderbilt N. Y. City. Engineer— Y. S. Curtis N. Y. City.
Gen. Man. (City road)— G. F. Bonney. .
Secretary— Robert J. Niven.
PRINCIPAL OFFICE AND ADDRESS Grand Central Depot, New York City.
NEW YOKK AND MAHOPAC EAILEOAD.
Organized March 7, 1871, and road opened June 17, 1872. It extends from
Golden's Bridge to Lake Mahopac, 7.09 miles. Leased on completion to the N. Y.
and Harlem R. R. Co., and transferred by that company to the N. Y. C. and H. R.
R. R. Co., in which all its operations are included.
Financial Statement, September 30, 1877. — Capital stock authorized, $500,000 ;
paid in, $265,000. Cost of road, $265,449.21.
W. H. VANDERBILT, President New York City.
Treasurer— -R. J. Niven New York City. | Secretary — C. Vanderbilt New York City.
RAILROAD MANUAL OF THE UNITED STATES. 191
NIAGAEA BKIDGE AND CANANDAIGUA KAILKOAD.
Organized August 25, 1858, as successor of the Canandaigua and Niagara Falls
R. R. Co,, and road opened April 1, 1854. It extends from Canandaigua to Suspen-
sion Bridge, 98.46 miles, with. 2.50 miles of sidings. It was leased to the N. Y.
Central R. R. Co. July 1, 1858, and all its operations are included in the statement
of that company. Annual rental, $60,000.
Financial Statement. — Capital stock, $1,000,000. Cost of road and equipment
(before reorganization), $3,210,616.
CLARKSON N. POTTER, President and Treasurer New York.
PRINCIPAL OFFICE AND ADDRESS Box 2,854, New York City.
SPUYTEN DUYVIL AND POET MOEEIS EAILEOAD.
Organized March 4, 1869, and the road opened in 1871. It connects the Hudson
River and Harlem R. Rs., and is 6.04 miles long, double track. Leased and operated
by N. Y. C. and H. R. R. R. Co. All operations included in lessees' report.
Financial Statement, September 30, 1877.— Capital stock, $989,000. Per contra :
Cost of road, etc., $980,540.71.
WILLIAM H. VANDERBILT, President New York City.
Treasurer Cornelius Vanderbilt, Jr. | Secretary Robert J. Niven.
SYEACUSE JUNCTION EAILEOAD.
Organized June 9, 1873, and road opened November 16, 1874. It extends around
the city of Syracuse, 7.81 miles, double track, and is owned by the N. Y. C. and H.
R. R. R. Co. Its separate organization is merely a matter of form. All its opera-
tions are included in the reports of that company.
Financial Statement, September 30, 1877.— Capital stock, $100,000; floating
debt, due N. Y. C. and H. R. R. R. Co., $632,297.57— total stock and debt, repre-
senting cost of road, $732,297.57.
E. D. WORCESTER, President New York.
W. K. Vanderbilt, Secretary and Treasurer New York.
TEOY AND GEEENBUSH EAILEOAD.
Chartered in 1845, and road opened June 13, 1845. It extends from Troy to East
dbany, 6 miles, double track, and is leased to N. Y. C. and H. R. R. R. Co., by
rhom all its operations are reported
192
RAILROAD MANUAL OF THE UNITED STATES.
Financial Statement, September 30, 1877.— Capital stock authorized, $275,000 ;
subscribed, $274,400; paid in, $274,400— total cost of road and equipment, $294,908.36.
JOHN L. THOMPSON, President Troy, N. Y.
John B. Gale, treasurer and Secretary Troy, N. Y.
PRINCIPAL OFFICE AND ADDRESS Troy, N. Y.
NEW YOEK ELEVATED EAILEOAD.
Line of Road.— South Ferry, N. Y. City, to 61st Street, N. Y. City.. .5.70 miles.
Sidings, etc., 3.25 miles. Gauge, 4 feet 8i inches. Rail, 40 and 50 Ibg.
Organized January 3, 1872 ; road opened to present terminus in 1876.
Rolling1 Stock. — Locomotive engines, 21. Cars — passenger, 41.
Operations for year ending September 30,1877. — Trains, 331,182 miles. Pas-
sengers carried, 3,011,863. Earnings from passengers, $301,097.19 ; miscellaneous,
$2,111.32— total, $303,208.51 ; operating expenses, $189,552.79. Balance— net earn-
ings, $111,544.40. Payments: interest, $99,995.50. Balance— surplus, $11,548.90.
Abstract of operations and financial condition for six years :
Miles
R. R.
in
5
a
u
n
H
Cars.
Passen-
gers
Carried.
Gross
Earnings.
Net
Earnings.
Interest
Paid.
Capital
Stock.
Funded
Debt.
Cost of
Construc-
tion.
1871-72.
3.5
9
5
137,446
313 745
$501
$350,000
$54,000
1873-73.
4.0
4
8
644,026
64,603
2,845
754,200
1,500,000
1873-74.
4.0
5
10
796,073
81,047
560
798,300
1,500,000
1874-75.
4.0
8
16
920,571
93,631
5,259
798,300
$771,000
1,456,807
1875-76.
5.0
14
25
2,012,954
202,675
14,498
806,125
771,000
1,685,719
1876-77.
5.7
20
39
3,011,863
303,209
111,544
$99,996
1,063,125
1,740,000
2,843,588
The statement for 1871-72 includes only 8 months, and cost represents amount
paid at foreclosure sale. The statement of cost 1873-74 is estimated.
Financial Statement, September 30, 1877.— Capital stock, $1,063,125. Funded
debt, $1,740,000 ; floating debt, $70,000— total stock, bonds, and debt, $1,873,125. The
funded debt consists of 1st mortgage 7 per cent, bonds, due 1906. Per contra: Cost of
road and equipment, $2,843,587.70.
Directors (elected January 8, 1878).— Cyrus W. Field, Edward M. Field, D. A.
Lindley, David Dows, A. H. Barney, J. D. Mairs, J. A. Cowing, A. S. Barnes, W. T.
Pelton, H. R. Bishop, John H. Hall, Benjamin Brewster, J. M. Fiske, N. Y. City.
CYRUS W. FIELD, President New York City.
W. T. Pelton, Vice-President " "
Sec, and Treas James A. Cowing. I Superintendent T. T. Onderdonk.
Chief Engineer— Wallet Katte New York.
PRINCIPAL OFFICE AND ADDRESS 7 Broadway, New York.
KAILROAD MANUAL OF THE UNITED STATES.
193
NEW YOEK AND MANHATTAN BEACH KAILWAY.
(In Progress.)
Line of Road. — Greenpoint, N. Y., to New Lots Road, N. Y ) g mjj
N. Y., Bay Ridge and Jamaica R. R. to Manhattan Beach, N. Y. J
Sidings, etc., 7 miles. Gauge, 3 feet. Rail, 40 Ibs.
This company was organized October 28, 1876, and the road opened to Manhattan
Beach, July 19, 1877. It also leases and operates the New York, Bay Ridge and
Jamaica R. R., making1 the total length of line operated 10.25 miles. A branch
under name of Kings County Central R. R. is under construction.
Rolling Stock. — Locomotive engines, 10. Cars — passenger, 78 ; baggage, etc., 2 ;
freight, etc., 45 — total cars, 125.
Operations for year ending September 30, 1877. — Not reported.
Financial Statement, December 31, 1877.— Capital stock, $500,000; funded
debt, $800,000 ; stock and debt of N. Y., B. R. and J. R. R., $500,000. Cost of con-
struction not reported— road not completed.
Statement of funded debt in detail :
Character of Bonds.
Date of
Bonds.
Interest.
When Payable.
Principal,
When l)ue.
Amount
Author-
ized.
Amount
Outstand-
ing.
1st Mortgage
Jan. 1, 1877
7
Jan. and July.
1897
$500,000
$500,000
2d " convertible
" 1, 1878
7
tt u it
1887
300,000
300,000
1st " N. Y.,B. &J. R.R.
Stock guaranteed " "
July 1, 1876
7 gold.
7
it it ti
October 1.
1896
200,000
300,000
200,000
300,000
Directors (elected December 11, 1877). — Austin Corbin, D. C. Corbin, E. C.
Humbert, C. F. Moulton, G. S. Moulton, F. W. Dunton, R. Sully, A. C. Chapin, and
G. C. S. Dow, New York ; J. B. Upham, B. T. Martin, C. L. Flint, Boston, Mass. ;
J. J. Pickering, Portsmouth, N. H.
AUSTIN CORBIN, President New York City.
Treas. and Sec. — G. S. Moulton New York. I Gen. Superintendent — I. D. Barton New York.
Managing Director— D. C. Corbin ' " | Chief Engineer— C. H. Chipman '
PRINCIPAL OFFICE AND ADDRESS 61 Broadway, New York.
NEW YOKE AND OSWEGO MIDLAND KAILEOAD.
Line of Road.— Oswego, N. Y., to Middletown, N. Y 249 miles.
Branches, named below 95 "
Total length of line owned and operated 344 miles.
Sidings, etc., 40 miles. Gauge, 4 feet 8£ inches. Rail, 56 and 57 Ibs.
13
194
RAILROAD MANUAL OF THE UNITED STATES.
This company was organized January 11, 1866, and the road was opened to Mid-
dletown in 1871, where it connected with the Middletown, Unionville and Water Gap
and the New Jersey Midland R. Rs., by which it was brought to Jersey City. It was
intended to open a new line between New York and the Lakes, and the connection was
secured by means of the New Jersey Midland and the Montclair Railways, both* of
which had been leased by this company prior to its financial embarrassments. The
company having defaulted on its interest, the entire road and property passed into the
hands of Receivers, September 18, 1873, by order of the United States Circuit Court
and the leases have since been terminated.
The statements here given are from the Receivers' report.
Branches :
Norwich, N. Y., to Cortland, N. Y. .47 m.
Sidney Pl'ns, N. Y. to N. Berlin, N.Y.26.5 "
Walton, N. Y., to Delhi, N. Y 17.0 m.
Summitville,N.Y.toElleny'e,N.Y. 4.5 "
Rolling1 Stock. — Locomotive engines, 81. Cars — passenger, 35 ; baggage, mail,
and express, 24 ; and freight, 1,404 — total revenue cars, 1,463.
Operations for year ending September 30, 1877. — Trains run, 513,894 — 914 miles.
Passengers carried, 249,138 ; carried one mile, 6,514,676. Freight moved, 222,507 ;
moved one mile, 13,542,809 tons.
Earnings. Expenditures.
From Passengers $133,908 39 ' For Maintenance of Way $155,202 44
" Freight, etc 434,29538 li Transportation, etc 373,67033
|568,203 77
$528,872 77
Balance— net earnings, $39,331. There was paid for interest, $1,291.54. Balance,
surplus, $38,039.42.
Financial Statement, September 30, 1877. — Capital stock authorized, $10,000,-
000 ; paid in, $6,800,522.29. Funded debt, $16,073,500 ; floating debt, $6,411,960.75.
Total stock, bonds and debt, $29,286,012.04. In addition to these liabilities none of
the interest on the funded debt has been paid for several years. Cost of road and
equipment, $26,228,408.93.
These amounts have not been changed since the road came into the hands of the
Receivers. The road has several times been offered for sale, but the sale has been
indefinitely postponed, for lack of a sufficient bid.
The earnings and operating expenses for a series of years have been as follows:
Earnings.
Operating
Expenses.
Net
Earnings.
Deficit.
Interest.
Rents.
1871-72...
$974,791 03
$823,771 76
$151,019 27
$506,151 52
1872-73
1,560,957 61
2,135,361 90
$574,404 29
481,196 42
$632,849 03
1873-74
1,164,578 83
1,444,803 76
280,284 93
6,097 18
1874-75
592,590 85
633,063 93
41,473 08
4,213 39
97,000 00
1875-76
535,845 28
486,699 43
49,145 85
3,565 66
78,500 93
1876-77
568,203 77
528,872 77
39,331 00
1,291 58
Since the road has been in the hands of the Receivers, only & pro forma organiza-
tion of the stockholders has been maintained. At the latest election before that date,
1873, the following were elected :
Directors. — George Opdyke, C. L. Perkins, E. A. Wickes, and C. N. Jordan, N. Y.
RAILKOAD MANUAL OF THE UNITED STATES. 195
City ; Dewitt C. Littlejohn, Oswego, N. Y.; J. W. Merchant, Cortland, N. Y. ; John
R. Clarke, Oxford, N. Y.; Henry E. Bartlett, Walton, N. Y.; William H. Guion, Josiah
Macy, Jr., and Barthold Schlesinger, N. Y. City; and Henry R. Low, Middletown,
N. Y.
GEORGE OPDYKE, President New York City.
Abram
J.
bram S. Hewitt, ) Receivers New York
.G.Steven's, J Mec JS
ttary— Theodore Houston New York City. I Ticket Agent— Wm. H. Weed New York i
Manager— J. G. Stevens " " " | Freight Agent— B. W. Thacker.... " "
PRINCIPAL OFFICE AND ADDRESS 145 Broadway, New York City.
NEW YOKK, WESTCIIESTEE & BOSTON K. R (In Progress.)
Line of Road. — Port Morris, N. Y., to Port Chester, N. Y about 21 miles.
Organized March 20, 1872.
Financial Statement, September 30, 1876. — Capital stock, $1,000,000; sub-
scribed, $233,300; aud paid in, $57,530. Total amount of floating debt, $232,762.-
30. Per contra: Expended on construction, $290,064.40.
JOHN VAN NEST, Vice- President New York City.
W. A. Seaver, Receiver "
PRINCIPAL OFFICE AND ADDRESS .-.New York City.
NEW YOEK, WESTCHESTEE AND PUTNAM EAILEOAD.
(In Progress.)
Line of Road. — High Bridge, N. Y. to Brewster's, N. Y 50 miles.
This company was originally organized as the New York and Boston R. R. Co.,
May 21, 1869, and subsequently became by consolidation part of the N. Y., Boston
and Montreal R. R. Co. It was sold under foreclosure in March, 1876, and reorgan-
ized under present title. Track is laid on 25 miles.
No financial or other statement furnished.
Directors (elected 1877). — Lewis May, Wm. H. Guion, John H. Cheever, Joseph
Seligman, Lewis Roberts, A. V. Stout, G. P. Lowery, John Q. Hoyt, R. M. Galla-
way, Christopher Meyer, J. B. Ford, P. C. Calhoun, and John W. Ellis, New York
City.
A. V. STOUT, President New York.
Treasurer—^ Joseph Seligman New York. | Secretai^y— Calvin Goddard New York.
PRINCIPAL OFFICE AND ADDRESS New York City.
196 KAILROAD MANUAL OF THE UNITED STATES.
NEW YOKE, WEST SHOEE & CHICAGO E. E. (Projected.)
Line of Road. — Hoboken, N. J., via Catskill and Syracuse to Buffalo, N. Y. 424.84 m.
Organized July 13, 1870. Track has been laid on 2.5 miles. Rail, 60 Ibs.
Financial Statement, September 30, 1875.— Capital stock authorized, $10,000,000 ;
amount paid in, $45,100; funded debt, $5,019,240.12, and floating debt, $302,120.50.
Per contra : Expended on construction, $1,140,323.75 ; and in addition, for right of
way, depot grounds, and docks at the eastern terminus, and for road complete and in
part constructed, the sum of $3,389,196.38.
This is the latest financial statement issued by the company. The road has since
been in the hands of a Receiver.
J. M. COURTNEY, President New York City.
Livingston Lansing, Receiver Buffalo, N. Y.
PRINCIPAL OFFICE AND ADDRESS , New York.
NOETHEEN CENTEAL EAILWAY.
(As Lessee.)
The Northern Central Railway, as lessee, operated, in the State of New York,
64.5 miles of railroad, as follows :
Chemung railroad 17.80 miles.
Elmira, Jefferson-and Canandaigua Railroad 46.70 "
CHEMUNG EAILEOAD.
Line of Road.— Elmira, N. Y., to Watkins, N. Y 17.80 miles.
Sidings, etc., 4.40 miles. Gauge, 4 feet 9 inches. Rail, 60 and 64 Ibs.
This company was organized May 14, 1845, and the road opened in 1849. It was
leased May 10, 1872, to the Northern Central Railway Co. for 99 years, that company
having secured a controlling interest — amounting to 13,347 shares — in the stock of the
Chemung R. R. Co., and subsequently 747 additional shares, and agreeing to operate
the road, pay interest on the funded debt, and dividends on the outstanding stock.
Rolling Stock. — Furnished by lessees.
Operations for year ending December 31, 1877. — Included in lessees' returns.
Gross earnings, $196,772.93; operating expenses, $141,853.61; net earnings, $54,-
919.32 ; paid as dividend, $22,500; interest on equipment, $14,622.97.
Financial Statement, September 30, 1877.— Capital stock, $380,000. Cost of
road, $400,000. Annual rental, $30,000.
THOMAS A. SCOTT, President Philadelphia, Pa.
Treasurer— J. S. Leib Baltimore. | Secretary— J. Crowe Baltimore.
Superintendent — R. Neilson Elmira, N. Y.
PRINCIPAL OFFICE AND ADDRESS. .Northern Central R. R. Co., Elmira, N. Y.
RAILROAD MANUAL OF THE UNITED STATES.
197
ELMIKA, JEFFEBSON AND CANANDAIGUA EAILEOAD.
Line of Road. — Watkins, N. Y., to Canandaigua, N. Y 46.70 miles.
Sidings, 10.25 miles. Gauge, 4 feet 9 inches. Rail, 60 and 64 Ibs.
This company was chartered as the Canandaigua and Corning R. R. Co., May 14,
1845, and the road opened September 15, 1851. It was reorganized under its present
title February 18, 1859. It was leased to the Erie Ry. Co. January 1, 1859, for 20
years, and by that company leased to the Northern Central Ry. Co., October 1, 1866.
It is operated as the Canandaigua Division of the N. C. Ry.
Rolling1 Stock. — Furnished by lessees.
Operations for the year ending December 31, 1877. — Included in lessees' returns.
Gross earnings, $390,612.48; operating expenses, $296,669.67; net earnings, $93-
942.81. Payments— rental, $25,000 ; interest on equipment, $29,691.31.
Financial Statement, December 31, 1877.— Capital stock, $500,000, representing
cost of road. Lease rent, $25,000; rent of equipment for year, $29,691,31.
THOMAS A. SCOTT, President Philadelphia, Pa.
Treasurer— J. S. Leib Baltimore, Md. | Superintendent— Robert Neilson Elmira, N. Y.
PRINCIPAL OFFICE AND ADDRESS Elmira, N. Y.
OGDENSBUKG AND LAKE CHAMPLAIN KAILBOAD.
Line of Road. — Ogdensburg, N. Y., to Rouse's Point, N. Y 122 miles.
Sidings, etc., 18 miles. Gauge, 4 feet 8i inches. Rail, 60 Ibs. to yard.
Chartered May 14, 1845, as Northern R. R, Co., of New York, and road opened
October 1, 1850. Sold under foreclosure, and reorganized as Ogdensburg R. R. Co.,
January 6, 1858. Organized under present title, June 10, 1864. The road was in the
hands of a Receiver from October 16, 1876, to April 1, 1877.
Rolling1 Stock. — Locomotive engines, 34. Cars — passenger, 15 ; baggage, mail,
and express, 11; and freight, 1,059 — total revenue cars, 1,085.
Operations for year ending September 30, 1877. — Trains run — passenger, 147,274 ;
freight, 301,475 — total, 448,749 miles. Passengers carried, 118,640 ; carried one mile,
3,485,220. Freight moved, 241,591 ; moved one mile, 21,474,699 tons.
Earnings,
From Passengers $99,639 54
" Freight 339,710 32
" Mail, Express, etc 93,709 46
$533,059 32 ;
Expenditures.
For Maintenance of Way $113,371 21
" Rolling Stock 62,53604
" Transportation, etc '. 181,601 99
$357,509 24
Balance — net earnings, $176,550.08. Payments — interest,
(8 per cent,), $160,000— total, $230,468.46.
,468.46; dividends
198 RAILROAD MANUAL OP THE UNITED STATES.
Abstract of operations and general balances for ten years :
Years.
O> O
•"- :-
Engines. |
Cars.
Train
Miles.
Passen-
gers.
Freight
Tons.
Gross
Earn-
ings.
Net
Earn-
ings.
Capital
Stock.
Funded
Debt.
Cost of
Construc-
tion.
Div.
p. c.
1867-68.
140
31
847
496,176
160,537
331,480
$987,087
$239,886
$5,077,000
$899,100
$5,517,206
o
1868-69.
140
3-2
1,029
573,660
159,279
337,601
1,053,003
348,691
5,077,000
500,000
5,708,218
3
1869-70.
140
32
1,023: 590,942
166,366
352,280
1,051,413
404,930
5,077,000
529,800
5,708,218 3#
1870-71 .
140133 1,110 634.939
153,412
388,837
1,027,699
347,857
5,077,000
1,100,000
5,708,218
6
1871-72.
140
34' 1,049 636,755
171,894
417,372
1,005,979
262,867
5,077,000
1,012,000
5,796,921
/*
1872-73.
14035 1,085 654,354
159,154
429,000
1,026,106
378,424
5,077,000
968,000
5,796,921
6
1873-74.
140 34; 1,085 582,271
142,872
341,694
853,344
252,042
5,077,000
968,000
5,796,921
7
1874-75.
14034 1,085 525,416
132,982
268,869
658,883
183,358
5,077,000
968,000
5,796,921
rr
1875-76.
14034; 1,085 457,247
136,499
238,372
568,294
169,421
5,077,000
968,000
5.796,921
. .
1876-77.
140
34 1,085
448,749
118,640
241,591
533,059
176,550
5,077,000
950,000
5,796,921
Q
Financial Statement, September 30, 1877, — Capital stock — preferred 8 per cent.,
$2,000,000 ; and common, $3,077,000 ; funded debt, $894,000 ; notes, $110,630.39— total
stock, bonds, and notes, $6,081,630,39. Per contra: Cost of road and equipment,
$5,796,920.87.
Statement in detail of funded debt, October 1, 1877:
Character of Bonds.
Date of Bonds.
Inter-
est.
Payable.
Principal
Payable.
Amount
Outstanding.
Equipment Bonds
Jan. 1, 1868.
8
Jan. and July.
Jan. 1, 1878.
$300,000
Equipment Bonds
Jan. 1, 1869.
8
It U U
Jan. 1,1879.
200,000
Sinking Fund Bonds
March 1, 1871.
8
March and Sept
March 1 1890.
394,000
Interest and principal payable in Boston.
Directors (elected June 27, 1877). — John C. Pratt, George M. Barnard, John S.
Farlow, I. D. Farns worth, H. A. Church, Francis Cox, Theo. A. Neal, Francis Thomp-
son, and George Lewis, Boston, Mass.; S. M. Felton, Philadelphia, Pa.; Calvin T.
Hurlburd, Brasher Falls, N. Y.; W. J. Averill, Ogdensburg, N.Y.; and Albert Andrews,
Malone, N. Y.
JOHN C. PRATT, President Boston, Mass.
Sec. and Treas.— Henry A. Church.. Boston, Mass. | Asst. Treas.—S. C. F. Thorndike. . . St. Albans, Vt.
Superintendent— W . W. Hungerford Ogdensburg, N. Y.
PRINCIPAL OFFICE AND ADDRESS. .Cor. Milk and Congress Sts., Boston, Mass.
OLEA1ST, BRADFORD AND WARREN RAILROAD.
(In Progress.)
Line of Road. — Olean, N. Y., to Warren, Pa 50 miles.
In operation : Olean to Bradford 23 "
This road was opened in 1877.
No report of operations or financial condition is furnished.
Supt. N. T. Division— S. D. Yeomans. Olean, N.Y. | Supt. Pa. Division— W. H. Smith.... Bradford, Pa.
PRINCIPAL OFFICE AND ADDRESS Olean, N. Y.
KAILROAD MANUAL OF THE UNITED STATES. 199
ONTARIO SOUTHERN RAILROAD.
Line of Road.— Sodus Point, N. Y., to Stanley, N. Y 33.6 miles.
Sidings, etc., 2 miles. Gauge, 4 feet 8-i inches. Rail, 56 Ibs. to yard.
Organized as Sodus Point and Southern R. R. Co., March 19, 1852, and road
opened in 1873. Sold under foreclosure, and reorganized under present title, Sep-
tember 21, 1875.
Rolling Stock. — Locomotive engines, 3. Cars — passenger, 3; baggage, mail,
and express, 1 ; and freight, 39 — total revenue cars, 43.
Operations for year ending September 30, 1877. — Trains run, 50,170 miles.
Passengers carried, 20,641 ; carried one mile, 237,360. Freight moved, 53,390 tons;
moved one mile, 1,174,580 tons. Gross earnings, $34,705.29; operating expenses,
$41,139.34; payment of interest, $1,019.84— balance, deficit, $7,453.89.
Financial Statement, September 30, 1877.— Capital stock authorized, $600,000;
paid in, $558,300 ; funded debt (7 per cent, bonds), $994,300 ; floating debt, $26,415—
total, $1,579,015. Per contra : Cost of road and equipment, $1,557,564.80.
WILLIAM A. SMITH, President New York City.
Treas. and Sec.— Chas. E. Carryl New York. | Supt.— James Hardy Sodus Point, N. Y.
General Manager— C. J. Pusey Sodus Point.
PRINCIPAL OFFICE AND ADDRESS 40 Wall Street, New York.
PENNSYLVANIA AND SODUS BAY R. R. (In Progress.)
Line of Road. — Spencer, N. Y., to Seneca Falls, N. Y 50 miles.
Organized May 24, 1870. This road is graded through its whole length.
Financial Statement, September 30, 1875.— Capital stock authorized, $1,200,000;
subscribed, $853,600; and paid in, $705,568.81; funded debt, $2,000; floating debt,
$50,000— total, $757,568.81. Expended on works to date, $739,924.05.
The road was sold under foreclosure June 3, 1876, for $24,750, which represents
its cost at close of fiscal year, 1877. No reorganization has been effected.
MERRITT KING, Owner Ithaca, N. Y.
PORT JERYIS AND MONTICELLO RAILROAD.
Line of Road.— Port Jervis, N. Y., to Monticello, N. Y 23.75 miles.
Sidings, etc., 2 miles. Gauge, 4 feet 8| inches. Rail, 50 Ibs.
Organized as Monticello and Port Jervis R. R., September 2, 1868, under present
title, July, 1875. Opened, 1870.
Rolling1 Stock. — Locomotive engines, 2.. Cars — passenger, 2 ; freight, 7.
Operations for year ending September 30, 1877. — Trains run, 33,350 miles.
Passengers carried, 24,670 ; carried one mile, 410,316. Freight moved, 17,501 ;
200
BAILED AD MANUAL OF THE UNITED STATES.
moved one mile, 333,170 tons. Earnings — from passengers, $12,229.60; freight, etc.
$20,188.66. Operating expenses, $21,701.88. Deficit, $513.22.
Financial Statement, September 30, 1877.— Capital stock, $724,276.93, issued
on reorganization to holders of 1st mortgage bonds. Floating debt, $9,500 ; total,
$733,776.93. Per contra : Cost of road and equipment, $1,123,612.02.
HENRY DAY, President New York City.
Treasurer— Gordon Norrie New York. | Secretary— J. W. Hayward New York.
Superintendent— L. A. Milbank Monticello, N. Y.
PRINCIPAL OFFICE AND ADDRESS Monticello, N. Y.
POUGHKEEPSIE, HAKTFOKD AND BOSTON KAILROAD.
Line of Koad. — Poughkeepsie, N. Y., to Stessing, N. Y 41.91 miles.
Sidings, etc., 2.25 miles. Gauge, 4 feet 8i inches. Rail, 56 Ibs. to yard.
Chartered as Poughkeepsie and Eastern R. R. Co., April 13, 1866, and road opened
in 1872. Placed in hands of Receiver June 20, 1874, sold under foreclosure May 15,
1875, and reorganized under present title. It uses the Newburg, Dutchess and Con-
necticut R. R., 4.8 miles, from Stessing to Pine Plains, where it connects with Con-
necticut Western R. R.
Rolling Stock. — Locomotive engines, 4. Cars— passenger, 1st class, 2 ; 2d class,
3; and freight cars, 60 — total, 65.
Operations for year ending September 30, 1877. — Trains run — passenger, 57,080,
and freight, 28,170 — total, 85,250 miles. Passengers carried, 63,120 ; carried one mile,
757,440. Freight moved, 20,480 tons ; moved one mile, 532,480 tons.
Earnings.
From Passengers $27,229 00
" Freight, etc 39,03682
$66,365 82
Expenditures.
For Maintenance of Way $17,675 58
" Transportation, etc 41,21150
$58,887 08
Net earnings, $7,478.74. Payments— rentals, $10,241.66 ; interest, $943.18 ; bal-
ance, deficit, $3,706.10.
Financial Statement, September 30, 1877.— Capital stock, $850,000 ; funded
debt — 1st mortgage bonds (authorized $300,000) issued, $35,000 ; 2d mortgage bonds
—interest deferred" until January 1, 1880, $500,000 ; floating debt, $20,000— total
stock, bonds and debt, $1,405,000. Under the foreclosure sale, the capital stock and
2d mortgage bonds were issued to holders of 1st mortgage bonds of P. and E. R. R. Co.
Per contra : Cost of road and equipment, $1,499,920.40.
Directors (elected July 3, 1877.)— E. L. Bolles, New York City ; George Innis, J. F.
Winslow, G. P. Pelton, E. L. Beadle, Edward Ellsworth, J. O. Whitehouse, H. G.
Eastman, and W. C. Smillie, Poughkeepsie, N. Y.
. G. P. PELTON, President Poughkeepsie, N. Y.
Treasurer and Secretary Edward Ellsworth.
Master Mach J. L. Driscoll.
Superintendent J. A. Perkins.
Purch.Agt A. W. Cable.
PRINCIPAL OFFICE AND ADDRESS.. .37 Market Street, Poughkeepsie, N. Y.
EAILKOAD MANUAL OF THE UNITED STATES. 201
EHINEBECK AJSTD CONNECTICUT EAILEOAD.
Line of Road.— Rhinecliff, N. Y., to Boston Corners, N. Y 35.2 miles.
Sidings, etc., 3 miles. Gauge, 4 feet S£ inches. Rail, 56 Ibs. to yard.
Organized June 29, 1870, and road opened April 4, 1875. 6.4 miles of Connecti-
cut Western R. R. , from Boston Corners to State Line, are operated under lease, mak-
ing a total of line operated of 41.6 miles.
Rolling Stock. — Locomotive engines, 6. Cars — passenger, 1st class, 3 ; 2d class,
2 ; baggage, mail, and express, 1 ; freight, 180 — total cars, 186.
Operations for year ending September 30, 1877. — Trains run — 54,770 miles.
Passengers carried, 14,176 ; carried one mile, 175,458. Freight moved, 69,937 ;
moved one mile, 2,354,973 tons.
Earnings from passengers, $5, 211.73 j freight, $55,206.57; other, $5,484.18 —
total, $65,902.48. Operating expenses, $54,534.10.
Balance — net earnings, $11,368.38. Payments— interest, $23,070.23; rent of
track, $9.946.20 — total payments, $33,016.43 ; excess of payments over net earnings,
$21,648.05.
Financial Statement, September 30, 1877.— Capital stock authorized, $1,000,000 ;
paid in, $614,500. Funded debt, $800,000; floating debt, $71,433.40— total stock,
bonds and debt, $1,485,933.40. Per contra : Cost of road and equipment, $1,442,514.25.
The funded debt consists of 1st mortgage 7 per cent, gold bonds.
Directors (elected 1877). — Thomas Cornell, S. D. Coykendall, A. Benson, Charles
Bray, R. G. Townsend, Rondout, K Y.; E. Martin, H. H. Conklin, Red Hook, N. Y. ;
W. B. Platt and A. Stager, Rhinebeck ; C. F. Young, Honesdale, Pa.; U. H. Vand-
ling, Scranton, Pa. ; and R. A. Wright, New York City.
EDWARD MARTIN, President Red Hook, N. Y.
Treasurer & Sec.— A. Benson Rondout, N. Y. j Superintendent— P. H. Jones Rondout, N. Y.
PRINCIPAL OFFICE AND ADDRESS Rondout, N. Y.
EOCHESTEE, NUNDA AND PITTSBUEG EAILEOAD.
(In Progress.)
Line of Road.— Rochester, N. Y., to Bishop Summit, Pa 150 miles.
Organized as Rochester, Nunda and Pennsylvania R. R. Co. , April 9, 1870, and con-
solidated with the Northern Extension, March 18, 1872. Sold under foreclosure and
reorganized under present title, August 27, 1877. The gauge is 3 feet ; 20 miles
of track are reported as laid, but the road is not operated.
Financial Statement, September 30, 1877.— Capital stock, $400,000 ; funded debt,
$400,000 ; floating debt, $53,900 — total, $853,900. Per contra ; Expended on road,
etc., to September 30, 1877, $853,900.
GEO. JEROME, President Detroit, Mich.
Treasurer— C. L. Bingham Mt. Morris, N. Y. | Secretary— C. W. Leavitt Philadelphia, Pa.
PRINCIPAL OFFICE AND ADDRESS Nunda, N. Y.
202 KAILBOAD MANUAL OF THE UNITED STATES.
EOCHESTEE AND STATE LINE EA1LKOAD.
Line of Road.— Rochester, N. Y., to Salamanca, N. Y 109.63 miles.
Sidings, etc., 6 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs. to yard.
Organized October 6, 1869, and tlie road opened May 1, 1878.
Rolling Stock. — Locomotive engines, 10. Cars — freight, 225.
Operations for year ending September 30, 1877. — Trains run — passenger, 76,700 ;
freight, 15,700 — total, 92,400 miles. Passengers carried, 37,035 ; carried one mile,
503,931. Freight moved, 6,327 tons ; moved one mile, 90,058 tons.
Earnings from passengers, $14,404.94 ; other sources, $8,072.11— total.. $22,477.05.
Operating expenses, $22,579.95. Excess of expenses over earnings, $102.90. No
returns are made for the last fiscal year, as the road was under construction.
Financial Statement, September 30, 1877.— Capital stock, $2,500,000 ; funded
debt, $2,200,000— total, stock and bonds, $4,700,000, representing cost of road and
equipment. The funded debt consists of 1st mortgage 7 per cent, bonds, dated
January 1, 1872, and due January 1, 1902.
Directors (elected 1877). — Thomas Leighton, M. F. Reynolds, T. Brown, Geo. J
Whitney, E. Harris, and Augustus Frank, Rochester, N. Y. ; A. D. Scott, Ellicotts-
ville, N. Y.; D. D. S. Brown, Scottsville, N. Y. ; Oliver Allen, D. McNaughton, Mum-
ford, N. Y.; William Bristol, Warsaw, N. Y.; I. S. Waterman, Philadelphia, Pa.
OLIVER ALLEN, President Mumford, N. Y.
Treas. & Sec.—D. McNaughton. .Rochester, N. Y. | Supt. & Engineer— J. E. Childs — Rochester, N. Y.
PRINCIPAL OFFICE AND ADDRESS Rochester, N. Y.
EOME, WATEETOWN AND OGDENSBUEG EAILEOAD.
Line of Road.— Rome, N. Y., to Ogdensburg, N. Y 141.11 miles.
Branches, named below 239.19 "
Leased Line : Oswego and Rome Railroad 28.58 "
Total length of line owned, leased, and operated 408.88 miles.
Sidings and second track, 88.13 miles. Gauge, 4 feet 8-J- inches. Rail, 56 and 60 Ibs.
Organized under present title, October 1, 1861, by consolidation of Watertown and
Rome R. R. Co., chartered April 17, 1832, and Potsdam and Watertown R. R. Co.,
organized February 23, 1852. Opened from Rome to Cape Vincent, June, 1852, and
from Watertown to Potsdam, June, 1857. These include the main line, and Cape
Vincent and Potsdam branches, respectively 24.24 and 24.28 miles long — a total of
189.83 miles. The Oswego and Rome R. R., 28.58 miles, was leased, on completion,
January 1, 1866. The remaining branches are the Lake Ontario division, 146.17
miles, from Oswego to Lewiston, N. Y., and the Syracuse division, 40.5 miles, from
Syracuse to Sandy Creek, N. Y. The former was organized March 17, 1868, as Lake
Ontario Shore R. R. Co. ; opened to Ontario, 51 miles, in 1873, sold under foreclosure,
September 22, 1874, and reorganized as Lake Ontario R. R., and now owned by R.,
W. & O. R. R. Co. No separate account is kept of__its operations or financial condi-
203
tion. The Syracuse division was organized February 25, 1868, as the Syracuse North-
ern R. R. Co., and the road opened in 1871 and 1872. It was sold under foreclosure,
August 1, 1875, to the R., W. & O. R. R. Co., and now forms a portion of that com-
pany's road.
Rolling' Stock. — Locomotive engines, 57. Cars — passenger, 50 ; baggage, mail,
and express, 22 ; and freight, 1,167 — total revenue cars, 1,239.
Operations for year ending September 30, 1877. — Trains run — passenger, 634,166 ;
freight and other, 618,343 — total, 1,252,409 miles. Passengers carried, 674,270 ; car-
ried one mile, 17,549,628. Freight moved, 366,848 tons ; moved one mile, 26,732,738
tons.
Earnings.
From Passengers $480,102 27
" Freight 682,82785
" Mail and Express 67,42658
Miscellaneous 24,91461
Expenditures.
For Maintenance of Way $329,139 31
" Rolling Stock 140,76773
" Transportation 398,70253
Miscellaneous 43,524 89
$1,255,271 31 $912,134 46
Balance — net earnings, $343,136.85. Payments — interest on funded debt, $554,-
700.80 ; rent O. and R. R. R., $24,000— total, $578,700.80. Balance, deficit, $235,563.95.
Abstract of operations for ten years :
Fiscal
Years.
Miles
Opera-
ted.
Train
Mileage.
Passen-
gers.
Mileage.
Freight.
Mileage.
Gross
Earnings.
Net
Revenue.
Divi-
dends.
1867-68.
218.21
577,996
497,333
13,894,146
293,603
17,785,678
$1,137,248 79
$286,355 62
10
1868-69.
218.21
585,168
497,032
14,604,381! 316,140
18,054,197
1,220,548 40
459,570 55
10
1869-70.
218.21
593,514
502,071
15,296,580| 346,297
19,605,175 1,324,942 94
475,270 98
10
1870-71.
218.21
605,163
497,714
14,838,912
309.906
17,880,062
1,239,515 46
394,311 11
8
1871-72.
218.21
675,065
441,909
12,435,770 336,440
22,451,836 1,150,764 37
282,106 04
7
1872-73.
218.21
708,862
484,797
14,657,986 361,489
24,977,976
1,214,712 &5
308,283 20
3#
1873-74.
218.21
654,654
390.409
14,121,870 483,981
21,280,430; 1,113,034 00
325,332 32
7
1874-75.
307.92
724,182
564,200
14,205,798^ 376,633
21,165,541
1,149,886 49
269,262 39
6^
1875-76.
408.88
1,157,419
592,856
15,588,607
361,376
20,366,365
1,228,057 01
283,905 23
1876-77.
408.88
1,252,409
674,270
17,549,628
366,848
26,732,738
1,255,271 31
343,136 85
....
The above includes receipts and disbursements of the Oswego and Rome Railroad
since the date of lease, January 1, 1866.
Financial Statement, September 30, 1877. — Capital stock authorized, $10,000,000 ;
paid in, $3,147,600 ; funded debt, $7,749,900; and floating debt, $634.585.24— total
$11,532,085.24. Per contra : Cost of road and equipment, $9,321,314.45.
Abstract of general account for ten years :
Close of
Years.
Miles of
Track.
En-
gines.
Cars.
Stock.
Bond.
Debt.
Total.
Road and
Equipment.
1867-68.
1868-69.
211.50
212.90
37
38
491
655
$2,500,000
2,976,400
$1,570,386 75
1,517,669 73
$270 54
256 60
$4,070,657 29
4,494,326 33
$4,000,000 00
4,000,000 00
1869-70.
213.55
39
676
2,997,800
1,442,723 87
334 82
4,440,858 69
4,000.000 00
1870-71 .
213.94
39
715
2,998,900
1,529,946 75
9,341 94
4.537,088 69
4,000,000 00
1871-72.
214.04
40
785
2,998,900
1,735.606 10
38,359 49
4,752,865 59
4,000,000 00
1872-73.
217.35
42
946
3,146,400
1,870,290 75
68,263 34
5,084,954 09
4,000,000 00
1873-74.
218.21
42
965
3,147,500
2,588,749 25
61,174 87
5,767,425 12
4,000,000 00
1874-75.
307.92
49
1,174
3,147,600
5,322,716 19
114,360 10
8,584,676 29
6,638,990 42
1875-76.
494.89
57
1,267
3,147,600
6,591,114 76
494,185 00
10,888,685 00
8,720,298 38
1876-77.
497.01
57
1,239
3,147,600
7,749,900 00
634,585 24
11,532,085 24
9,321,314 45
204
EAILBOAD MANUAL OF THE UNITED STATES.
Stock increased in 1869 by $500,000, distributed to stockholders at 50 per cent.
Statement of funded debt in detail, September 30, 1877 :
Character of Securities.
Date of
Bonds.
Rate.
Interest
Payable.
Principal
Payable.
Authorized.
Out-
standing.
W. & R. R.R. Sinking Fund.
R.,W.& O.R.R.lstMortgage.
R.,W.& O.R.R.2d Mortgage.
R. & W. & O. Consolidated.
Aug. 15, '55
Sept. 2, 1861
Mar. 25, '72
July 1, 1874
7
7
7
Mar. and Sept.
June and Dec.
Jan. and July.
April and Oct.
Sept. 1, 1880
Dec. 1, 1891
Jan. 1, 1892
July 1, 1904
$800,000
1,200,000
1,000,000
10,000,000
$799.900 00
1,200,000 00
1,000,000 00
4,250,000 00
In addition to the company's own funded debt, there are also outstanding stock
and bonds, for which this company is responsible by lease and purchase, as follows :
$300,000 capital stock of Oswego and Rome R. R. Co., on which 8 percent, dividends
are guaranteed, equal to $24,000 yearly, and funded debt :
Character of Bonds.
Date of
Bonds.
Inter-
est.
When
Payable.
Principal,
When Due.
Amount
Authorized.
Amount
Outstanding.
Syracuse Northern R. R. . .
Oswego and Rome
July 1, 1871.
May 1, 1865.
7 gold.
7
Jan. and'July.
May and Nov.
July 1, 1901.
May 1, 1915.
$500,000
350,000
$500,000
350,000
This company defaulted on the interest due, April 1, 1878, on the consolidated
mortgage bonds.
Directors (elected June G, 1877). — Marcellus Massey, William E. Dodge, Moses
Taylor, John S. Barnes, C. Zabriskie, Percy R. Pyne, and Samuel Sloan, New York
City; S. D. Hungerford, Adams, N. Y.; Talcott H. Camp, Watertown, N. Y.; Theo-
dore Irwin, Oswego, N. Y.; Gardner Colby and John S. Farlow, Boston, Mass.; and
Wm. M White, Canaseraga, N. Y.
SAMUEL SLOAN, President 26 Exchange Place, New York City.
Marcellus Massey, Vice-President " "
Treas. and Sec.— 3. A. Lawyer. .Watertown, N. Y. Master Machinery— -W '. H. Harris. . .Oswego, N. Y.
Superintendent— J. W. Moak. ... " " Master Car Builder-H. H. Sessions, Rome, "•
Supt. L. 0. and S. Divs.—ft. A. Van Horne, Oswego. Ticket Agent— R. T. Frary Watertown,
Supt. of Bridges— H. A. Smith.. Watertown, N. Y. Freight Agent— E. M. Moore....
Purchasing Agent— G. W. B. Cushing New York.
PRINCIPAL OFFICE AND ADDRESS 26 Exchange Place, New York.
OSWEGO AND EOME KAILKOAD.
Organized April 11, 1863, and road opened January 1, 1866. It extends from
Richland, N. Y., to Oswego, N. Y., 28.58 miles, with 3.01 miles of sidings, and is
leased to the Rome, Watertown, and Ogdensburg R. R. Co. for 8 per cent, on $300,-
OGO capital stock, and interest on $325,000 bonds. All operations included in that
company's returns.
Financial Statement, September 30, 1877.— Capital stock, $300,000 ; funded debt,
KAILEOAD MANUAL OF THE UNITED STATES. 205
1st mortgage 7 per cent, bonds, interest May and November, and principal May 1,
1915, $500,000 ; and income 6 per cent, bonds, interest February and August, and
principal February 1, 1891, $112,100 ; and floating debt, $27.50— total, stock, bonds
and debt, $880,127.50. Cost of road and appurtenances, $950,952.76.
MARCELLUS MASSEY, President New York City.
EYE LAKE KAILKOAD. (In Progress.)
Line of Eoad. — Rye Lake, N. Y., to Kensico, N. Y 4.25 miles.
Organized July 24, 1874. Gauge, 4 feet 8£ inches. A small portion of tlie grad-
ing lias been done, and right of way procured.
Financial Statement, September 30, 1877.— Capital stock authorized, $200,000 ;
subscribed, $120,000 ; paid in, $4,400 ; funded debt authorized, $75,000 ; bonds issued,
$7,000 ; floating debt, $1,867.49— total stock, bonds, and debt, $13,267.49. Per con-
tra: Grading, engineering, etc., $6,967.49.
GEORGE B. SATTERLEE, President and Treasurer. .New York City.
PRINCIPAL OFFICE AND ADDRESS 30 Pine Street, New York City.
SCHENECTADY AND OGDENSBUKG K. K. (Projected.)
Line of Road. — Schenectady, N. Y., to Ogdensburg, N. Y about 190 miles
Organized September 30, 1872.
Financial Statement, September 30, 1877. —Capital stock, $6,000,000 ; subscribed,
$292,000 ; and paid in, $29,000. Floating debt,, $24,000. Expended to date, $62,800.
WILLIAM V. BARKALOW, President New York City.
Treasurer and Secretary Richard H. Stearns. | Superintendent James C. Jewett.
PRINCIPAL OFFICE AND ADDRESS 27 William Street, New York City.
SCHOHAKIE YALLEY BAILKOAD.
Line of Road.— Schoharie, N. Y., to Schoharie C. H., N. Y 4.38 miles.
Sidings and other tracks, 0.5 mile. Gauge, 4 feet 8| inches. Rail, 50 and 56 Ibs.
Organized July 15, 1865. Completed 1867. Sold under foreclosure, April, 1874.
Rolling" Stock. — Locomotive engines, 2. Cars — passenger, 1 ; baggage, mail, and
express, 1 ; and freight, 2— total, 4.
Operations for year ending September 30,1876. — Trains run (mixed), 10,560 miles.
Passengers carried, 30,150 ; carried one mile, 150,750. Freight moved, 10,997 tons.
Gross earnings, $14,947.04; operating expenses, $7,515; net earnings, $7,432.04.
Payments from net earnings— interest, $2,415 ; balance, surplus, $5,017.04.
Financial Statement, September 30, 1877.— Capital stock paid in, $100,000;
206 BAILROAD MANUAL OF THE UNITED STATES.
I
funded debt, 1st mortgage 7 per cent, bonds, $34,500 ; floating debt, $1,000 — total
stock, bonds, and debt, representing cost of road, $135,500.
JACOB VROMAN, President and Treasurer Schoharie, N. Y.
Superintendent and Secretary— L>. Vroman Schoharie, N. Y.
PRINCIPAL OFFICE AND ADDRESS Scliobarie, N. Y.
SCHUYLEKYILLE & UPPEE HUDSON K. E. (In Progress.)
Line of Road. — Meclianicsville, N. Y., to Moreau, N. Y 27 miles.
Organized April 17, 1872. A part of the grading has been completed.
Financial Statement, September 30, 1877.— Capital stock authorized, $300,000 ;
subscribed, $270,000; paid in, $117,472 ; and funded debt, $65,000. Per contra:
Expended on road, etc., $162,827.48.
D. A. BULLARD, President. Schuylerville, N. Y.
Treasurer and Secretary Samuel Sheldon. \ Engineer S. E. Lawrence.
PRINCIPAL OFFICE AND ADDRESS (Treasurer) Schuylerville, N. Y.
SEDGE BANK EAILEOAD. (In Progress.)
Line of Road. — Brooklyn, N. Y., to Sedge Bank, N. Y 15 miles.
Organized August 2, 1876.
Financial Statement, September 30, 1877. — Capital stock authorized, $1,000,-
000; subscribed, $977,500; paid in, $1,500.
AUSTIN CORBIN, President New York.
PRINCIPAL OFFICE AND ADDRESS 61 Broadway, New York City.
SILYEE LAKE EAILEOAD. (In Progress.)
Line of Road. — Gainesville, N. Y., to Caledonia, N. Y 26.0 miles.
In operation ; Gainesville, N. Y., to Perry, N. Y 6.5 "
Sidings, etc., 0.75 mile. Gauge, 4 feet 8^ inches. Rail, 56 Ibs. to yard.
Organized July 11, 1870, as Rochester and Pine Creek R. R. Co., and the operated
portion of the road opened in 1871. Present title taken 1877.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 1 ; baggage, mail, and
express, 1 ; and freight, 1 — total revenue cars, 3.
Operations for year ending September 30, 1877. — Trains run, 9,500 miles. Pas-
sengers carried, 15,400 ; carried one mile, 80,100. Freight moved, 5,810 tons; moved
one mile, 37,465 tons. Gross earnings, $7,268,18 ; operating expenses, $6,661.61 ;
net earnings, $606.57. Payments— interest, $1,073.33.
Financial Statement, September 30, 1877.— Capital stock authorized, $500,500 ;
EAILROAD MANUAL OF THE UNITED STATES. 207
paid in, $120,127; funded debt (7 per cent, bonds), $15,000; floating debt, $466.76—
total, $185,593.76. Per contra : Cost of road and equipment to date, $137,276.65.
JAMES WYCKOFF, President Perry, N. Y.
Treasurer H. N. Page. | Superintendent E. G. Matthews.
PRINCIPAL OFFICE AND ADDRESS Perry, N. Y.
SKANEATELES KAILKOAD.
Line of Road.— Junction (N. Y. C. and H. R. R. R.), to Skaneateles, N. Y.. 5.5 in.
Sidings, 0.5 mile. Gauge, 4 feet 8£ inches. Rail, 56 and 60 Ibs.
Chartered 1866. Opened 1868.
Rolling* Stock. — Locomotive engines, 2 ; Cars — passenger, 2 ; baggage, etc., 1 ;
and freight, 2 — total, 5.
Operations for year ending September 30, 1877. — Trains run (mixed), 14,600.
Passengers carried, 26,406 ; carried one mile, 110,270. Freight moved, 14,625 tons ;
moved one mile, 43,875 tons. Gross earnings, $17,281.80; operating expenses,
$15,618.82 ; net earnings, $1,662.98. Payments— interest, $1,367.75 ; surplus, $295.23;
Financial Statement, September 30, 1877.— Capital stock authorized, $100,000 .
subscribed and paid in, $77,800 ; and funded debt, 1st mortgage 7 per cent, bonds,
$35,000 ; floating debt, $3,848.39— total, stock and bonds, $116,648.39. Per contra :
Cost of road, etc., $177,008.40.
JOEL THATER, President Skaneateles, N. Y.
Treasurer and Superintendent John McNamara. | Secretary George Barrow.
PRINCIPAL OFFICE AND ADDRESS Skaneateles, N. Y.
SOUTHEBN CENTKAL EAILEOAD.
Line of Road.— Fair Haven, N. Y., to State Line (Pa.) 114 miles.
Sidings and other tracks, 16 miles. Gauge, 4 feet 8| inches. Rail, 60 Ibs.
Chartered 1866. Opened November 28, 1871.
Rolling Stock. — Locomotive engines, 14. Cars — passenger, 9 ; baggage, mail,
and express, 5 ; and freight (box, 6 ; platform, 151 ; coal, 248), 405 — total revenue
cars, 419.
Operations for year ending September 30, 1877. — Trains run — passenger, 176,805 ;
freight, 254,720— total, 431,525 miles. Passengers carried, 167,221 ; carried one mile,
3,491,019. Freight moved, 414,392 tons ; moved one mile, 14,269,271 tons.
Earnings.
From Passengers $88,815 13
" Freight,etc 373,04960
$461,864 73
Expenditures.
For Maintenance of Way .$91,624 64
" Transportation, etc .'.246,927 48
$338,552 12
Balance — net earnings $123,312.61. Payments from net earnings — interest,
$116,265.65. Balance— surplus, $7,046,96.
208
RAILROAD MANUAL OF THE UNITED STATES.
Abstract of operations and financial statement for seven years:
Fiscal
Years.
P3
OD
rS
OD
O>
c
To
,£=
i
o
Train
Miles.
Passen-
gers.
Freight
Tons..
Gross
Earn-
ings.
Net
Earn-
ings.
Capital
Stock.
Bonds.
Other
Debt.
Cost of
Construc-
tion.
tS
s
w
1870-71.
95
8
90
158.548
128,706
63,681
$183,197
$73,833
$1,714,732
$1,640,000
$10,529
$3,366,829
1871-72.
114 11 412 302,744
161,821
178,099 307,280 104,978 1,783,021
2,288,000
89,881 1 3,737.364
1872-73.
114 14 413 391,070
209,778
237,304
429,718 150,265 1,784,080
2,264,739
145,564; 4,192,680
1873-74.
114 14 417 357,076
207,671
280,758
502,310 220,469 1,784,771
2,204,359
296,628| 4,211,770
1874-75.
114 14 419
382,896
199,630
358,798
510,226 210,1541 1,786,895
2,123,776
367.830! 4,233,183
1875-76.
114 14 421
474,098
188,381
508,406
607,109 214,028
1,790,235
2,100,000
403,500 4,258,724
1876-77.
114
14
419
431,525
167,221
414,392
461,865 123,313
1,790,235
2,100,000
461,961
4,261,569
Financial Statement, September 30, 1877. — Capital stock authorized, $3,000,000
paid in, $1,790,234.94; funded debt, $2, 100, 000; floatingdebt, $461,960.49— total stock,
bonds and debt, $4,352,195.43. Per contra : Cost of road and equipment, $4,261,568.64.
Statement of funded debt in detail :
Character of
Bonds.
Date of
Bonds.
Rate
p. c.
Interest
Payable.
Principal
Payable.
Author-
ized.
Issued.
Outstand-
ing.
1st Mort. Bonds.
2d " " .
Aug. 1, 1889
Mar. 1, 1872
7
1 gold.
Feb. and Aug.
Sept. and Mar.
Aug. 1, 1899
Mar. 1, 1882
$1,500,000
600,000
$1,500,000
600,000
$1,500,000
600,000
Directors (elected September 3, 1877). — E. P. Ross, C. N. Ross, Jolin N. Kuapp,
Jas. G. Knapp, W. C. Barber, Auburn, N. Y. ; Chas. Cody, Dryden, N. Y. ; R. W.
Clinton, Newark Valley ; T. C. Platt, Owego, N. Y. ; Robert A. Packer, Mauch
Chunk, Pa. , D. A. Marsh, Groton, N. Y. ; C. T. Backus, Union Springs ; Jas. A.
Timpson, New York City ; and C. L. Rich, Richford, N. Y.
E. P. Ross, President Auburn, N. Y.
Treasurer— C. L. Rich Richford, N. Y.
Secretary— J. N. Knapp Auburn,
Engineer— E. F. Swart "
Superintendent— James G. Knapp. . " "
Purch. Agent— J. G. Knapp .
Road Master— Adam O'Neil Auburn, N. Y.
Master Car Repairs — H. Mooney "
Gen. Tkt. & Frt. Agt.—G. H. Warden. "
Master Mach.—G. G. Brown "
Auburn, N. Y.
PRINCIPAL OFFICE AND ADDRESS Auburn, N. Y.
SOUTHFIELD BKANCH EAILKOAD.
Line of Road.— Southfield, N. Y., to Southfield Furnace, N. Y 1.50 mile.
Gauge, 6 feet. Rail, 56 Ibs. Connects with the Erie Railway.
Rolling Stock. — Locomotive engines, 2.
Operations for year ending September 30, 1877. — Trains run, 3,000 miles.
Freight moved, 27,013 tons. Gross earnings, $3,335.60; operating expenses, $1,954,
16 ; net earnings, $1,381.44.
RAILROAD MANUAL OF THE UNITED STATES. 209
Financial Statement, September 30, 1877.— Capital stock ($10,000) paid in,
$1,000; and floating debt, $18,495.88. Per contra: Cost of road, etc., $17,784.17.
J. B. MOORHEAD, President Philadelphia, Pa.
Treasurer and Secretary A. W. Humphreys. | Superintendent J. C. Missimer.
PRINCIPAL OFFICE AND ADDRESS No. 42 Pine Street, New York.
STATEN ISLAND KAILKOAD.
Line of Road. — Stapleton, S. I., to Tottenville, S. 1 13 miles.
Sidings, 0.33 mile. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
Road sold September, 1872, to Geo. Law and others, and for several years no re-
port was made. In 1874 it was bought by the present company, for $480,000.
Rolling Stock. — Locomotive engines, 4. Cars — passenger, 9 ; freight, etc., 7.
Operations for year ending September 30, 1877. — Trains run, 72,638 miles.
Passengers carried, 308,290; carried one mile, 2,466,320. Earnings from R. R., $74,-
634.02; from ferry, $156,245.26— total, $230,888.28. Operating expenses, $196,163,-
48; net earnings, $34,724.80. Payments — interest, $21,000; balance — surplus, $13,-
724.80.
Financial Statement.— Capital stock, $210,000 ; funded debt (7 per cent, bonds),
$300,000; floating debt, $5,300— total stock and bonds, $515,300. Per contra : Cost
of road and equipment, including ferry, $480,000.
J. H. VANDERBILT, President Staten Island.
Treasurer— J. W. Mersereau Staten Island. | Secretary— John J. Stephens New York City.
Superintendent — John W. Wilbur New York.
PRINCIPAL OFFICE AND ADDRESS New York City.
STEELING MOUNTAIN KAILBOAD.
Line of Road. — Sterling Junction (Erie Ry.), N. Y., to Lakeville, N. Y. ..7.6 miles
Sidings and other tracks, 1 mile. Gauge, 6 feet. Rail, 56 Ibs.
Rolling Stock. — Locomotive engines, 2. Cars — freight, 144.
Operations for year ending September 30, 1877. — Trains run — 5,400 miles. Pas-
sengers carried, 750 ; carried one mile, 3,750.- Freight moved, 46,917 tons ; moved
one mile, 153,643 tons. Earnings, $23,784.29. Operating expenses, $18,066.49. Net
earnings, $5,717.80. Interest paid.. $4,568.27. Expenses for year, $1,149.53.
Financial Statement, September 30, 1877. — Capital stock, $80,000 ; and funded
debt, 1st mortgage 7 percent, bonds, interest payable January and July, and princi-
pal July 1, 1874, $350,000. Per contra : Cost of road and equipment, $500,857.02.
J. B. MOORHEAD, President Philadelphia, Pa.
Treasurer and Secretary A. W. Humphreys. | Superintendent J. C. Missimer.
PRINCIPAL OFFICE AND ADDRESS 42 Pine Street, New York City.
14
210
RAILROAD MANUAL OF THE UNITED STATES.
SYRACUSE, CHENANGO
NEW YOEK KAILKOAD.
Line of Road. — Syracuse, N. T., to Earlville, N. Y 45.49 miles.
Sidings, etc., 2 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs. to yard.
Organized May 14, 1873, as successor to the bankrupt Syracuse and Chenango
Valley R. R. Co., which was then sold under foreclosure. The road was opened to
Earlville in 1874. Again sold under foreclosure, and reorganized under present title
April 15, 1877.
Rolling* Stock. — Locomotive engines, 3. Cars — passenger, 6 ; baggage, mail,
and express, 2 ; and freight, 60 — total revenue cars, 68.
Operations for 5 months and 15 days ending September 30, 1877. — Trains run,
29,510 miles. Passengers carried, 35,535 ; carried one mile, 710,705. Freight moved,
13,607 tons ; moved one mile, 282,528 tons. Earnings from passengers, $17,767.64 ;
from freight, etc., $16,683.24— total, $34,450.88. Operating expenses, $44,801.14;
balance, deficit, $10,350.25.
Abstract of earnings and general account for four years :
Years.
Miles.
E. R.
Engines.
tn
S-,
B
0
Train
Miles.
Passen-
gers.
Freight
Tons.
Gross
E arn-
ings.
Net
E arn-
ings.
Capital
Stock.
Bonds.
Debt.
Cost of
Construc-
tion.
1873-74
1874-75
1875-76
*1876-77
43.49
43.49
43.49
43.49
368
368
368
368
78,300
84,240
82,896
29,510
75,752
78,550
72,203
35,535
71,431
31,760
24,201
13,607
$102,570
85,836
75,453
34,451
$24,750
27,490
25,002
$699,700
729,700
729,700
729,700
$1,142,550
1,142,550
i;i42,500
1,142,500
$9,000
25,000
25,000
20,000
$1,247,036
1,247,036
1,249,341
1,249,341
* For five months.
Financial Statement, September 30, 1877.— Capital stock authorized, $1,250,000;
paid in, $729,700 ; funded debt, $l,142,550,being 1st mortgage 7 per cent, bonds, Au-
gust 1, 1871, payable August 1, 1891, interest semi-annually, February and August,
$500,000 gold, balance currency; floating debt, $25,000 — total stock, bonds and debt,
$1,897,250. Per contra : Cost of road and equipment, $1,249,341.29.
J. J. BELDEN, President Syracuse, N. Y.
Treasurer— J. J. Glass Syracuse, N. Y. \ Secretary— R. L. Dequid Syracuse, N. Y.
Superintendent— James W. Brown Syracuse, N. Y.
PRINCIPAL OFFICE AND ADDRESS Syracuse, N. Y.
SYRACUSE, GENEVA AND CORNING BAIL WAY.
Line of Road. — Corning, N. Y., to Geneva, N. Y 57.25 miles.
Sidings, etc., 3.50 miles. Gauge, 4 feet 8-£ inches. Rail, 60 Ibs.
Organized August 27, 1875 ; opened December, 1877.
This road was not opened for business until after the close of the fiscal year,
and none of its operations are reported. It is leased to the Fall Brook Coal Co. of
Pennsylvania.
KAILROAD MANUAL OF THE UNITED STATES. 211
Financial Statement, September 30, 1877. — Capital stock authorized, $1,200,000 ;
paid in, $1,152,200; funded debt, $1,000,000 1st mortgage 7 per cent, bonds; floating
debt, $278,788.78— total stock, bonds, and debt, $2,430,988.78 — representing amount
spent for construction.
Directors (elected 1877). — E. D. Worcester, Augustus Schell, S. F. Barger, Isaac
P. Chambers, New York ; D. W. Pardee, Brooklyn, N. Y. ; John Lang, Daniel Beach,
Watkins, N. Y. ; G. W. Burrows, Rochester, N. Y. ; James Tillinghast, Buffalo, N. Y. ;
Alex. Olcott, S. T. Hayt, Corning, N. Y. ; W. T. Hamilton, F. Hiscock, Syracuse, N. Y.
JOHN LANG, President Watkins, N. Y.
Superintendent — A. H. Gorten Corning, N. Y. I Secretary — Alex. Olcott Corning, N. Y.
Chief Eng.—&. Hardt Watkins, " | Treasurer— John Lang Watkins, "
PRINCIPAL OFFICE AND ADDRESS Watkins, N. Y.
SYKACUSE, PHCENIX AND OSWEGO E. K. (Projected.)
Line of Road. — Liverpool, N. Y., to Phoenix, N. Y 30 miles.
Organized November 29, 1871.
Financial Statement, September 30, 1877. — Capital stock authorized, $500,000 ;
subscribed. $129,700; paid in, $97,150; floating debt, $10,000. Cost of construction
to date, $97,480.14.
A. A. HOWLETT, President Syracuse, N. Y.
Treasurer A. A. Hewlett. | Secretary Patrick H. Agan.
PRINCIPAL OFFICE AND ADDRESS Syracuse, N. Y.
TKOY AND BOSTON KAILKOAD.
Line of Road.— Troy, N. Y. , to State Line, Vt 34.74 miles.
Leased lines, named below ..18.15 "
Total length of line owned, leased, and operated 52.89 miles.
Sidings, etc., 13.09 miles. Gauge, 4 feet 8| inches. Rail, 60 Ibs. to yard.
Organized November 22, 1849, and road opened to Vermont Line in 1859, where
it connects with Southern Vermont R. R., which continues the T. and B. R. R.,6.17
miles, under a separate charter, to Massachusetts Line, where it again connects with
Troy and Greenfield R. R., of which 6.60 miles are leased to North Adams, Mass.
The Troy and Bennington R. R., 5.38 miles, is operated as a branch. Operations of
all lines are here included.
Rolling Stock. — Locomotive engines, 15. Cars — passenger, 15 ; baggage, mail,
and express, 15 ; and freight, 451 — total revenue cars, 481.
Operations for year ending September 30, 1877. — Trains run — passenger, 151,255;
freight, 137,075 ; total, 288,330 miles. Passengers carried, 301, 072 ; carried one mile,
6,660,492. Freight moved, 425,051 tons ; moved one mile, 16,853,882 tons.
212
BAILROAD MANUAL OF THE UNITED STATES.
Earnings.
From Passengers $187,40540
" Freight 350,380 92
" Mail and Express 19,37955
Miscellaneous 3,59818
Expenditures.
For Maintenance of Way $70,074 82
" Rolling Stock 52,50477
" Transportation 150,11632
Miscellaneous 11,454 24
$560,764 05 $284,150 15
Balance — net earnings, $275,613.90. Payments from net earnings — interest,
$180,980.07. Dividends (4 per cent.), $64,961. Lease rent, $27, 496— total payments,
$273,437.07. Balance, surplus, $2,176.83. There were also paid for tolls on Troy
and Greenfield R. R. $14,876.52, of which $11,699.69 were from surplus account.
Abstract of operations and general account for ten years :
Years.
Miles E. E.
a'
0
C
•a
£
E
rt
O
Train
Miles.
Passengers.
Freight
Tons.
Gross
Earnings.
Net
Earnings.
Capital
Stock.
Bonds.
Debt.
Cost of
Construc-
tion.
oo
•§
o
3
'>
P
'5
4
4
4
4
4
1867-68
1868-69
1869-70
1870-71
1871-72
1872-73
1873-74
1874-75
1875-76
1876-77
52.8913241
52.8913211
52.8913241
52.8913241
52.8913240
52.8913276
52.8913327
52.89 13 336
52.8913400
52.89 13 481
178,342
179,592
174,120
177,890
190,548
186,882
186,980
189,570
219,620
288,330
234,167
240,643
231,255
251,437
262,763
295,775
255,717
246,293
265,143
301,072
179,418
176,027
162,204
169,573
191,124
202,808
206,826
224,342
373,742
425,051
$517,100
529,680
478,484
487,789
516,564
552,106
530,311
524,276
566.540
560,764
$154,403
194,967
165,468
199,042
212.097
244,670
246,431
247,643
268,206
275,614
$607,111
607,111
998,061
1,599,000
1,599,000
1,599,000
1,609,010
1,609,010
1,609,010
1,609,010
$1,575,000
1,677,000
1.898,000
i;899,000
1,889,000
1,919,000
1,919,000
2,168,500
2,179,500
2,1?'9,500
$443,289
425,000
347,055
69,269
65,309
113,114
186,213
2,285,981
2,296,743
2,307,907
2,312,098
2,312,504
2,389,484
2,447,045
2,462,726
2,614,598
2,799,971
148,549
351,977
Financial Statement, September 30,1877. — Capital stock authorized, $2,000,000 ;
subscribed, $1,645,608.78; paid in, $1,609,010; funded debt, $2,179,500; floating
debt, $351,976.78 — total, stock, bonds, and debt, $4,140,486.78. Per contra: Cost of
road and equipment, $2,799,971.20.
Statement of funded debt in detail :
Character of Bonds.
Date of
Bonds.
In-
terest.
When
Payable.
Principal,
When Due.
Amount
Authorized.
Amount
Outstanding.
July 1 1851
7
Jan & July
July 1 1887
$300 000
$75 500
2d Mortgage
July 1, 1852.
r>
Apl. & Oct
Oct l'l895
300 000
44,000
Convertible in 10 years
Sep 7, 1864.
7
Mar. & Sep
" " 1882
350 000
350 000
ti 14 it
Sep. 7, 1868.
7
U 11 t(
300 000
300000
Consolidated Mortgage
July 1 1874.
7
Jan & July
July 1 1924
1 500 000
1 3SO 000
Directors (elected January, 1878). — D. Thomas Vail, Daniel Robinson, John H.
Willard, Cornelius L. Tracy, Hiram Miller, Samuel M. Vail, F. S. Thayer, and W.
H. Hart, Troy, N. Y.; Harrison Durkee, Joseph H. Parsons, New York City; Lynian
Wilder, Hoosic Falls, N. Y. ; and S. Johnson, North Adams.
D. THOMAS VAIL, President Troy, N. Y.
General Freight Agent Joseph Orandell.
Vlce-Prest. and Treasurer Daniel Eobinson.
Secretary J. Edward Merrill.
General Ticket Agent E. E. Aldrich.
Master Machinery Z. B. Davis.
Master Car Repairs R. V. Coon.
PRINCIPAL OFFICE AND ADDRESS Troy, N. Y.
KAILEOAD MANUAL OF THE UNITED STATES. 213
TKOY AND BENNINGTON KAILEOAD.
Organized May 27, 1851, and road opened August, 1852. It extends from Hoosic
Junction (T. and B. R. R.) to State Line of Vermont, 5.38 miles, and is leased to T.
and B. R. R. Co. at an annual rental of $15,000 per year.
Financial Statement, September 30, 1877.— Capital stock, $75,400 ; funded debt,
1st mortgage, sinking fund 7 per cent, bonds, due 1878, $88,700 — total stock and bonds,
$164,100. Per contra : Cost of railroad and appurtenances, $236,955.37.
LYMAN BENNETT, President Troy, N. Y.
PRINCIPAL OFFICE AND ADDRESS Troy, N. Y.
TKOY UNION EAILEOAD AND DEPOT.
Line of Road. — Troy and Greenbush R. R. to Hoosic Street Bridge. . .2.14 miles.
Double track, 2.14 miles. Gauge, 4 feet 8£ inches. Rail, 65 Ibs.
Chartered January 20, 1851. Opened February 22, 1854. Owned and operated
by companies having termini in Troy.
Expenses shared in proportion to tonnage passed over the road, the assessment
not to exceed actual expenses and interest on bonded debt.
Financial Statement, September 30, 1877. — Capital stock, $30,000; and funded
debt, 1st mortgage 6 per cent, bonds, issued by the City of Troy and guaranteed by
the joint companies, $680,000. Per contra: Cost of railroad and depot, $783,984.80.
GEORGE B. WARREN, President Troy, N. Y.
Treasurer and Secretary Daniel Robinson. | Acting Superintendent L. H. Tapper.
PRINCIPAL OFFICE AND ADDRESS Troy, N. Y.
ULSTEE AND DELAWARE EAILEOAD.
Line of Road. — Rondout, N. Y., to Stamford/ N. Y 74 miles.
Sidings, etc., 5.3 m. Gauge, 4 feet 8| inches. Rail, 56, 60, and 70 Ibs. to yard.
Organized April 3, 1866, as Rondout and Oswego R. R. Co., and reorganized May
28, 1872, as New York, Kingston and Syracuse R. R. Co. The road was opened to
its present terminus in 1872. It was sold under foreclosure, and organized by pur-
chasers, under present title, May 1, 1875.
Boiling Stock. — Locomotive engines, 7. Cars — passenger, 10; baggage, mail,
and express, 3 : and freight 131 — total revenue cars, 144.
Operations for year ending September. 30, 1877. — Trains run — passenger, 46,550 ;
freight, etc., 51,770 — total, 98,320 miles. Passengers carried, 70,428; carried one
mile, 1,574,017. Freight moved, 41,376 tons ; moved one mile, 1,362,398 tons.
214
RAILROAD MANUAL OP THE UNITED STATES.
Earnings.
From Passengers $47,249 79
" Freight, etc 94,99739
Expenditures.
For Maintenance of Way $54,713 16
" Transportation, etc 80,381 15
$142,247 18 $135,094 31
Balance — net earnings, $7,152.87. Payments from net earnings — interest,
$5,897.59 ; balance to surplus fund, $1,255.28.
Abstract of operations and financial condition for eight years :
Years.
Miles
R.K.
En-
gines.
Cars.
Train
Miles.
Passen-
gers.
Freight
Tons.
Gross
Earn-
ings.
Net
Earn-
ings.
Capital
Stock.
Bonds.
Cost of
Con-
struction.
1869-70.
1870-71.
1871-72.
1872-73
33
60
74
74
3
7
7
29
122
133
8,314
65,501
101,685
14,818
113,763
163,367
24^582
69,137
$20,662
120,155
219,368
236,386
$17,378
59,085
73,343
54,134
$1,256,936
1,262,922
2,662,922
$12,000
269,000
583,000
$1,106,474
1,874,518
3,245,922
1873-74.
74
7
144
114,354
109,103
66,069
211,722
91,077
1874-75.
74
7
144
95,105
82,823
49,460
182,427
53,312
761,691
1875-76.
1876-77.
74
74
7
7
144
144
96,892
98,320
84,313
70,428
49,071
41,376
164,944
142,247
13,693
7,153
1,152,100
1,152,100
1,342,600
1,342,600
857,627
904,943
The road was placed in the hands of a Receiver November 28, 1873, and operated
by him until May 1, 1875. There are no returns for that period. Cost of construc-
tion for years 1874-75 is cost of road to purchasers at foreclosure sale.
Financial Statement, September 30, 1877. — Capital stock authorized, $1,250,000;
paid in, $1,152,100 ; funded debt, 2d mortgage income bonds, $1,342,600 ; floating
debt, $131,965.80— total stock, bonds and debt, $2,626,665.80. Per contra : Cost of
N. Y., K. and S. R. R. and franchises, $814,967.61; additional expenditures,
$89,975.43— total, $904,943.14.
Directors (elected May 1, 1877). — Thomas Cornell, Rondout, N. Y. ; W. F. Romer,
A. Benson, Kingston, N.Y.; U. S. Staples, D. Kennedy, A. N. Crosby, S. D. Coyken-
dall, Rondout, N. Y. ; Charles A. Miller, J. J. Crane, John Baird, J. D. Fish, George
Opdyke, and Ripley Ropes, New York.
THOMAS CORNELL, President Rondout, N. Y.
Treas. and Sec. — A. Benson Kingston, N. Y. | Supt. — George Coykendall Rondout, N. Y.
PRINCIPAL OFFICE AND ADDRESS Rondout, N. Y.
UTICA AND
EIYEK EAILEOAD.
Line of Road.— Utica, N. Y., to Philadelphia, N. Y 87.06 miles.
Leased lines, named below 81.67 "
Total length of all lines owned, leased, and operated 168.73 miles.
Sidings, etc., 11.65 miles. Gauge, 4 feet 8£ inches. Rail, 56 ibs. to yard.
Organized under name of Black River and Utica R. R. Co., January 31, 1853.
Road sold under foreclosure March 31, 1869, and company reorganized under present
RAILROAD MANUAL OF THE UNITED STATES.
215
title. Opened to Booneville in December, 1855, and to present terminus in 1873.
The Black River and Morristown R. R., operated as part of main line, was opened to
Morristown November 24, 1875, making 122.87 miles. The other leased lines — the
Carthage, Watertown and Sackett's Harbor R. R., 30 miles, and the Clayton and
Theresa R. R., 15.86 miles — form branches of main line.
It is intended to extend the line to Ogdensburg, 10.62 miles from Morristown,
during the current year — thus making the entire line 179.35 miles long.
Rolling Stock. — Locomotive engines, 18. Cars — passenger, 19 ; baggage, mail,
and express, 9 ; freight, 210 — total revenue cars, 238.
Operations for year ending September 30, 1877.— Trains run— passenger, 230,543 ;
freight, 109,941— total, 340,484 miles. Passengers carried, 221,588 ; carried one mile,
5,336,245. Freight moved, 100,777 tons ; moved one mile, 5,065,167 tons.
Earnings.
From Passengers $185,109 03
" Freight 246,75050
" Mail and Express 19,84664
Miscellaneous 15,648 13
$467,354 30
Expenditures.
For Maintenance of Way $86,789 65
" Rolling Stock 28,459 8!)
" Transportation 107,42905
Miscellaneous 10,636 74
$233,566 02
Balance— net earnings, $243,788.28. Payments— interest, on funded debt, $77,-
840; dividends (6 per cent.), $106,248; lease rents, C., W. and S. H. R. R., $19,473.-
47 ; C. and T. R. R., interest, $14,000; B. R. and M. R. R., interest, $32,815— total
to leased lines, $65,988.47 ; other interest, $4,032.59. Total payments, $254,109.06.
Excess of payments over net earnings, $10,320.78. Surplus fund from 1876,
811.36; surplus at end of year, $128,490.58.
Abstract of operations and general balances for ten years :
Years.
Miles.
R. R.
Engines.
O
Train
Miles.
Passen-
gers.
Freight
Tons.
Gross
Earn-
ings.
Net
Earn-
ings.
Capital
Stock.
Bonds.
Cost of
Construc-
tion.
Divi-
dends.
0
a
1867-68
37.53
7
66
53,635
100.111
25,403
$169,952
$73,053
$1.297,274
$83,000
$1,531,858
$36,547
4
1868-69
63.39 7
73 81,228 127,209
33,138
233,147 130,105 1,665,462
131,000
1,758,2471 115,673
7
1869-70
63.39 8 78 87,360 136,442
38,899
250,425 120,360 1,666,990
150,000
1,835,316 105,218
6
1870-71 80.64 8 78 96,738 131,547
39,864
247,444 98,890 1,736,020
351,500
2,112,965 102,542
6
1871-72! 80.6414147201.688 184,533
62,064
324,059 109,«54 1,754,020
775,500
2,459,547 51,801
3
1872-73 121.20 14 147 205.2261 209,589
106,954
423,564 223,571
1,769,620
1,019,000
2,549,457 105,645
6
1873-74 144.96 14 188 246,708 229,023
1874-75 158.21 18 190 298,125 245,847
116,750
105,074
472,880 231,515 1,769,620
503,514 251,583! 1,770,720
1,076,000
1,107,000
2,662,839 106,122 6
2,729,023 106,149 6
1875-76 168.73 18 238 354,744 245,715
104,698
492,657, 204,6891 1,771,720
1,112,000
2,771,323 106,248! 6
1876-77
168.73
18238
340,484
221,588
100,777
467,354
243,788, 1,771,720
1,112,000
2,781,178
106,248
6
General Balance, (87.06 miles U. and B. R. R. R.}, September 30, 1877.
Construction and Equipment $2,781,178 38
New Work, and Leased Lines 87,986 59
Stocks and Bonds 162,100 00
Miscellaneous Accounts 5,972 27
Cash on Hand 32,316 34
$3,069,553 58
Capital Stock $1 ,771,720 00
Funded Debt 1,112,000 00
C., W. andS. H. R. R 7,843 00
Miscellaneous Accounts 50,262 50
Surplus Fund 128,228 08
$3,069,553 58
216 BAILROAD MANUAL OF THE UNITED STATES.
Statement of funded debt in detail :
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal,
When Due.
Amount
Authorized.
Amount
Outstand'g.
U. & B. K. R. R. Co., 1st mort.
" " mort.
July, 1868.
Feb'y, 1871.
7 p. c.
7 p. c.
Jan. and July.
Jan. and July.
July, 1878.
Jan., 1891.
$200,000
957,000
$200,000
912,000
Directors (elected November 8, 1877). — John Thorn, Utica, N. Y. ; Ludlow Pat-
ton, Robert L. Kennedy, New York City ; Theodore S. Sayre, Win. J. Bacon, E. A.
Graham, Isaac Maynard, A. J. Williams, Russel Wheeler, Lewis Lawrence, and A.
G. Brower, Utica, N. Y. ; De Witt C. West, Lowville, N. Y. ; and D. B. Goodwin,
Waterville, N. Y.
DE WITT C. WEST, President Lowville, N. Y.
John Thorn, Vice-President Utica, "
Treasurer — Isaac Maynard Utica, N. Y.
Secretary— W. E. Hopkins "
Superintendent— J '. F. Maynard
Master Machinery — John Bailey Utica, N. Y.
Master Car Repairs — David James "
Ticket Agent— Theo. Butterfield "
Freight A gent— Charles Hackett Utica, N. Y.
PRINCIPAL OFFICE AND ADDRESS Utica, N. Y.
BLACK RIYEE AND MOERISTOWN EAILEOAD.
Chartered March 22, 1870, and road opened November 24, 1875. It extends from
Philadelphia, N. Y. (U. and B. R. R. R.) to Morristowu, N. Y., 36.60 miles, with 2.25
miles of sidings. It is leased to the U. and B. R. R. R. Co., and is operated as part
of that company's main line, they furnishing all the rolling stock and paying interest
on the bonds, amounting to $82,515 for year ending September 30, 1876.
Rolling Stock and Operations. — Included in lessees' returns.
Financial Statement, September 30, 1877. — Capital stock authorized, $600,000 ;
subscribed, $371,000; paid in, $327,462.96 ; and funded debt, $500,000— total, $827,-
462.96. Per contra : Expended in construction and equipment, $669,962.69. Of this
amount $346,766.78 was expended on the extension from Theresa to Morristown,
under the control of the U. and B. R. R. R. Co.
DAVID BEARUP, President and Superintendent Theresa, N. Y.
CAETIIAGE, WATERTOWN & SACKETT'S HAEBOE R. E.
Organized February 5, 1869, and road opened in 1874. It extends from Carthage,
N. Y., to Sackett's Harbor, N. Y., 30 miles, with 1.33 mile of sidings, and is leased
to U. and B. R. R. R. Co. ; that company agreeing to operate the road and to turn over
to the C. , W. and S. H. R. R. Co. 37^ per cent, of the gross earnings, or sufficient to
meet the interest on the funded debt, $21,000 per annum. The amount for year end-
EAILEOAD MANUAL OF THE UNITED STATES. 217
ing September 30, 1877, was $19,473.47, the U. and B. R. R. R. Co. supplying the
deficiency.
Rolling1 Stock and Operations. — Included in lessees' returns.
Financial Statement (September 30, 1877.)— Capital stock authorized, $700,000 ;
subscribed $491,700 ; and paid in, $486,953 ; funded debt, 1st mortgage 7 per cent,
bonds, $300,000 ; floating debt, $6,000— total stock, bonds, and debt, $792,953. Per
contra : Cost of construction, etc., $783,683,26. The funded debt consists of 7 per
cent, mortgage bonds, interest payable by U. and B. R. R. R. Co.
GEO. B. PHELPS, President Watertown, N. Y.
CLAYTON AND THEEESA EAILKOAD.
Organized February 7, 1871, and road opened in 1873. It extends from Clayton,
N. Y., to Theresa, N. Y., 15.86 miles, with 0.67 mile of sidings, and is leased to
U. and B. R. R. R. Co., by whom it is operated, paying interest on funded debt,
amounting to $14,000 per annum.
Rolling1 Stock and Operations. — Included in lessees' returns.
Financial Statement, September 30, 1877. — Capital stock authorized, $300,000 ;
subscribed, $207,200 ; and paid in, $203,570. Funded debt, $200,000 ; floating debt,
$19,193.81— total, $422,713.81. Per contra : Cost of road and equipment, $321,723.10.
ALDEN F. BARKER, President Clayton, N. Y.
UTICA, CHENANGO AND COBTLAND K. K. (In Progress.)
Line of Road.— Cortland, N. Y., to Otselic, K Y 32 miles.
Organized April 9, 1870. Gauge, 4 feet 8i inches. Rail, 56 Ibs.
Financial Statement, September 30, 1877. — Capital stock authorized, $800,000;
subscribed, $348,100 ; and paid in, $267,500. Expended to date, $239,124.23.
P. H. McGRAW, President McGrawville, N. Y.
Secretary— H. F. Benton Cortland. N. Y. I Treaswer—3. S. Squires Cortland, N. Y.
Engineer Frederick E. Knight.
PRINCIPAL OFFICE AND ADDRESS Cortland, N. Y.
UTICA, ITHACA A'ND ELMIKA EAILEOAD.
Line of Road.— Elmira, N. Y., to Cortland, N. Y 72 miles.
Operated- j Cortland, N. Y. , to De Ruyter, N. Y 20 f
' fFreeville, N. Y., to Scipio, N. Y 27—47
Total owned and operated 119 miles.
Sidings and other tracks, 10 m. Gauge, 4 ft. 8| in. Rail (iron and steel), 56 to 60 Ibs.
218
EAILEOAD MANUAL OF THE UNITED STATES.
This company is formed by the consolidation, October 25, 1871, of the Ithaca
and Cortland R. R. Co., organized July 21, 1869, and the Utica, Horseheads and
Elmira R. R. Co., organized April 2, 1870. The road was opened from Cortland to
Ithaca in 1872, and to Elmira, December 14, 1875. During the present year an outlet
has been opened to the New York Central at Canastota, by the extension of the Caze-
novia, Canastota and De Ruyter Ry. to De Ruyter, 30 miles from Canastota. The
company use 6 miles of the Northern Central Ry., from Hornhead to Elinira, making
length of road proper, 66 miles.
Rolling Stock. — Locomotive engines, 9. Passenger cars, 11 ; mail, baggage, and
express cars, 6 ; and freight cars, 50 — total of all revenue cars, 67.
Operations for year ending September 30, 1877. — Trains run — passenger,
132,589 ; freight, etc., 62,970— total, 195,509 miles. Passengers carried, 89,238 ; carried
one mile, 1,783,906. Freight moved, 68,324; moved one mile, 3,140,271 tons.'
Earnings.
From Passengers $57,905 07
" Freight 61,01347
Miscellaneous 10,845 30
Expenditures.
For Maintenance of Way $39,596 80
" KollingStock 14,94287
" Transportation 68,77720
$129,763 84 $123,316 87
Balance— net earnings, $6,446.97. Payments — not reported.
financial Statement, September 30, 1877. — Capital stock authorized, $2,000,000 ;
paid in, $1,004,100; funded debt, 1st mortgage gold and sterling sinking fund 7 per
cent, bonds, dated May 11, 1872, interest payable January and July, and principal
July 1, 1902, $1,500,000 ; floating debt, due October 29, 1879, $250,000 ; other floating
debt, $105,438,18— total stock, bonds and debt, $2,859,538.18. Per contra : Cost of
road and equipment, $2,849,919.56.
Directors (elected June 13, 1877). — Henry W. Poor, A. A. Marsh, H. H. Sturgis,
J. B. Kiddoo, I. V. French, and Henry V. Poor, New York ; Franklin C. Cornell, Ith-
aca ; J. H. Rodbourn, Erin ; D. D. Reynolds, Horseheads ; Joseph Rodbourn, Brees-
port ; H. F. Benton, Cortland ; F. N. Drake, Elmira ; Geo. J. Rice, London, England.
HENRY W. POOR, President 68 Broadway, New York.
Joseph Rodbourn, Vice- President and Gen. Marir. .Breesport, N. Y.
D. S. Greenough, Secretary Elmira, N. Y.
Engineer— Y. S. Stevens Elmira, N. Y.
Purchasing Agent— J. Kodbourn . . Breesport, "
Treas. & Gen. Ayt.—M.. W. Serat Elmira, N.Y.
Auditor— M. A. Smith " "
PRINCIPAL OFFICE AND ADDRESS Elmira, N. Y.
WALKILL VALLEJ EAILKOAD.
Line of Road. — Montgomery, N. Y., to Kingston, N. Y 33 miles.
Sidings, 4.5 miles. Gauge, 6 feet 8-J- inches. Rail, 56 and 62 Ibs.
Organized as W. V. Railway, April 26, 1866. Road opened 1872. Sold under
foreclosure, 1877. Projected to Albany, 85.25 miles. Operated by Erie Ry. Co. to
June 6, 1877.
Rolling* Stock. — Supplied by Erie Railway Co.
Operations for four months ending September 30, 1877. — Trains run, 20,922. Pas-
EAILROAD MANUAL OF THE UNITED STATES.
219
sengers carried, 24,652 ; carried one mile, 314,586. Freight moved, 6,366 ; moved
one mile, 90,760 tons.
Earnings.
From Passengers $8,749 98
" Freight, etc 13,61720
$22,367 18
Expenditures.
For Maintenance of Way $3,837 09
" Transportation, etc 17,245 76
$21,083 85
Balance, net earnings, $1,283.33. Payments, interest, $939.46 ; surplus, $343,87.
Financial Statement, September 30, 1877.— Capital stock, $330,000; funded debt,
$200,000 ; floating debt, $45,258.81— total, $575,258.81. Per contra : Cost of W. V.
Kailway at foreclosure sale, $128,000 ; paid on construction account, $117,602.68 —
total, $245,612.68.
THOMAS CORNELL, President Rondout, N. T.
Treasurer— M. Winchell Rondout, N. Y. Superintendent— J '. H. Jones Rondout, N. Y.
Secretary— E. A. Jacques.
Engineer— 3. P. Gould .
PRINCIPAL OFFICE AND ADDRESS Rondout, N. Y.
WAEWICK YALLET KAILKOAD.
Line of Road.— Warwick, N. Y., to Greycourt, N. Y 10.16 miles.
Sidings, etc., 0.4 mile. Gauge, 6 feet. Rail, 50 and 56 Ibs.
Organized March 8, 1860. Opened 1862.
Rolling" Stock. — Supplied by Erie Railway Co.
Operations for year ending September 30, 1877.— Trains run, 16,948 miles. Pas-
sengers carried, 27,367 ; carried one mile, 214,270. Freight moved, 21,899 tons.
Earnings. Expenditures.
From Passengers $6,267 65
" Freight, etc 38,73907
For Maintenance of Way $5,276 90
" Transportation 17,590 95
$45,006 72 $22,867 85
Balance, net earnings, $22,138.87. Payments — interest, $4,200; dividends
(7 p. c.), $14,625 ; surplus, $3,313.87.
Financial Statement, September 30, 1877.— Capital stock, $225,000 ; funded debt,
$60,000— total, $285,000. Per contra: Cost of construction, $199,161.67.
GRINNELL BURT, President Warwick, N. Y.
Treas.andSec.—3. L. Walling. .. Warwick, N.Y. | Superintendent— Grinnell Burt Warwick, N. Y.
PRINCIPAL OFFICE AND ADDRESS Warwick, N. Y.
220
RAILKOAD MANUAL OF THE UNITED STATES.
STA.TE OF ISTEW JERSEY.
Area, 8,320 square miles. Population, 1,171,129. Assessed valuation, $566,250,697.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Track.
Length of Lines.
Total.
N. Jer.
1. Belvidere Delaware (U. N. J.).
Ft. In.
4:9^
4:8*
4:8^
4:8*
4:8*
4:8*
3:6
4:8*
4:8*
4:8*
4:9
4:8*
4:8*
4:8*
4:9
4:8*
4:9
4.8*
4:9*
4:8*
4:8*
4:8*
4:8*
4:8*
6:
4:8*
4:9*
4:9
4:8*
4:8*
4:9
4:8*
4:8*
6:
4:8*
M.
67.82
11.33
20.30
7.15
67.00
24.45
4.00
104.17
4.50
10.00
14.37
30.70
20.00
60.00
8.60
2.50
11.45
14.75
11.67
5.50
17.42
13.00
4.00
3.40
2.19
13.26
22.64
6.63
57.50
118.56
6.18
4.25
4.25
4.68
7.43
M.
67.82
11.33
20.30
7.15
67.00
24.45
4.00
104.17
4.50
10.00
14.37
30.70
20.00
60.00
8.60
2.50
11.45
14.75
11.67
5.50
17.42
12.00
4.00
3.40
2.19
13.26
22.64
6.63
57.50
118.56
6.18
4.25
4.25
4.68
7.43
2 Blairstown (Sussex)
8 Bridgeton and Port Norris
4. Burlington and Mt. Holly (U. N. J.)
5. Camden and Atlantic
6. Camden and Burlington County (U. N. J.)
7. Camden, Gloucester and Mt. Ephraim
8 . Central of New Jersey
9. Charlotteburg and Green Lake
10. Chester (Delaware Lacka. and \Vestern)
11. Columbus, Kinkora and Springfield (U. N. J.). .
12. Delaware and Bound Brook (Central of N. J.)..
13. Delaware Shore .....
14. Easton and Amboy (Lehigh Valley) [Penn.
15. Farm'gdale& Squan Village (Fre'h'd&Ja' burg).
16. Ferro-Monte
17. Freehold and Jamesburg Agricultural
18. Freehold and New York
19. Flemington (United Co.'s N. J.)
20. Hibernia Mine
21. High Bridge (Central of New Jersey)
22. Jersey City and Albany (N. J. Midland)
23. Jersey City and Bergen (United N . J.)
24. Long Branch and Sea-Girt (Central of N. J.). . .
25. Lono- Dock (Erie) [New York
26. Longwood Valley (Central of N. J.)
27. Mercer and Somerset (United Co.'s of N. J.). . . .
28. Millstone and New Brunswick (U. N. J.)
29. Montclair and Greenwood Lake
30. Morris and Essex (Del., Lacka. and Western). .
31. Mount Holly, Lumberton and Medford (U.N. J.).
32. Mount Hope Mineral
33. Newark and Bloomfield (Del., Lacka. and W'st.)
34. Newark and Hudson (Erie) [New York
35. New Egypt and Farmingdale (Central of N. J.).
BAILROAD MANUAL OF THE UNITED STATES.
221
STATE OF NEW JERSEY— Continued.
COKPOKATE TITLES.
Gauge of
Track.
Length of Lines.
Total.
N.Jer.
36 New Jersev Midland
Ft. In.
4:8*
6:
4:8^6
4:8*
6:
4:8*
6:
4:8*
6:
6:
6:
4:9
4:9
3:6
4:9
4:9
4:8*
4:9
4:8
4:9
4:8^
4:9
4:9
4:8*
4:8*
4:8*
6:
4:9
4:8*
M.
71.00
36.50
127.75
15.00
3.36
23.35
21.29
10.00
14.97
10.91
15.12
25.40
6.30
54.67
6.50
16.58
15.80
7.65
34.00
10.80
31.00
177.96
2.84
47.50
18.25
4.00
3.72
101.07
9.50
N.
71.00
16.75
127.75
15.00
3.36
23.35
19.85
10.00
14.97
10.91
15.12
25.40
6.30
54.67
6.50
16.58
15.80
7.65
34.00
10.80
31.00
155.20
2.84
47.50
18.25
4.00
3.72
101.07
9.50
37. New Jersey and New York [New York
38. New Jersey Southern
39. New Jersey West Line
40. New York and Fort Lee (Erie) [New York
41. New York and Long Branch (Central of N. J.).
42. Northern of New Jersey (Erie) [New York
43. Ogden Mine
44. Paterson and Hudson (Erie) [New York
45. Paterson, Newark and New York (Erie). .[N. Y.
46. Paterson and Ramapo (Erie) [New York
47. Pemberton and Hightstown (U. N. J)
48. Perth Amboy and Woodbridge (U. N. J.)
49. Philadelphia and Atlantic City
50. Rocky Hill (United New Jersey)
51. Salem (West Jersey)
52. South Branch (Central of N. J.)
53. Squankum & Freehold (Freehold & Jamesburg).
54. Sussex
55. Swedesboro' (West Jersey)
56. Tuckerton
57. United New Jersey
58. Vincenttown (United New Jersey)
59. Vineland (New Jersey Southern)
60. Warren (Del., Lacka. and Western)
61. Watchung (M. and G. L.)
62. Weehawken Branch (Erie) [New York
63. West Jersey
64. Williamstown
Total Length..
1.705.44
1,661.49
BEIDGETON AND POET NOEEIS EAILEOAD.
Line of Road.— Bridgeton, N. J. , to Bay Side, N. J 20.3 miles.
Sidings, 2 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
Rolling Stock.— Not reported.
This road was operated by the company up to July 8, 1874, when it was placed
in the hands of a Receiver. Gross earnings for the year ending December 31, 1877,
$18,702.25 ; operating expenses, $20,466.34; deficit, $1,764.09. Payments— not reported.
222
RAILROAD MANUAL OF THE UNITED STATES.
Financial Statement, December 31, 1877.— Capital stock, $300,000 ; funded debt,
$400,000; other indebtedness, $5,000 — total, representing cost of road, etc., $705,000.
E. WESCOTT, President and Receiver Camden.
PRINCIPAL OFFICE AND ADDRESS Bridgeton, N. J.
CAMDEN AND ATLANTIC KAILEOAD.
Line of Road.— Camden, N. J., to Atlantic City, N. J GO miles.
Branch : Egg Harbor City, N. J., to May's Landing, N. J 7 "
Total length of line owned and operated 67 miles.
Sidings, etc., 9.45 m. Gauge, 4 ft. 8i in. Rail, 57, 58, 60 & 62 Ibs. Steel rails, 6.25 m.
Chartered March 19, 1852, and road opened July 1, 1854. The May's Landing
Branch was built under a separate charter, and came under the control of this com-
pany, June 1, 1872. The Ferry across the Delaware River also came into its owner-
ship, January 24, 1872. It also operates the Horse R. R. at Atlantic City.
Boiling Stock. — Locomotive engines, .12. Cars — passenger (1st class, 16 ; 2d
class, 20 ; 3d class, 24), 60 ; baggage and mail, 8 ; freight (box, 50 ; platform, 68 ; lime,
13 ; timber, etc., 5), 136 — total revenue cars, 204. Also, 8 horse cars.
Operations for year ending December 31, 1877. — Trains run, 259,210, of which
9,991 were on the branch line. Passengers carried, not reported. Freight moved,
102,003 ; moved one mile, 2,901,869 tons.
Earnings.
From Passengers $284,258 11
" Freight 104,813 55
" Mail and Express 35,95404
Miscellaneous 52,457 76
$477,483 46
Expenditures.
For Maintenance of Way $70,014 42
" Rolling Stock 65,98512
" Transportation 59,67161
Miscellaneous 104,770 74
$300,441 89
Balance — net earnings, $177,041.57. Payments from net earnings — interest on
funded debt, $69,090; on other accounts, $8,826.51 ; premium, etc., $14,463.38 ; divi-
dends (2 per cent.), $24,311. Balance, surplus, $60,350.68.
Included in the above statement are operations of May's Landing Branch — earn-
ings, $3,171.18; expenses and rent, $8,794.68; of ferry — earnings, $43,047.34; ex-
penses, $45,363.43.
There were also expended on construction account, $18,052.20.
General Balance, December 31, 1877.
Construction $1,915,187 47
Equipment 522,280 41
Miscellaneous Assets 130,653 87
Steamboats 76,800 00
Cash
38,879 92
$2,683,801 67
Capital Stock, Common $377,400 00
" Preferred 838,31150
Funded Debt 987,000 00
Bonds and Mortgages 95,40000
Profit and Loss, etc 385,690 17
$2,683,801 67
RAILROAD MANUAL OF ' THE UNITED STATES.
223
Abstract of operations and general account for ten years :
Miles R. R.
Engines.
1
0
Train
Miles.
Passen-
gers.
Freight
Tons.
Gross
Earn-
ings.
Net
Earn-
ings.
Capital
Stock.
Bonds,
etc.
Construc-
tion and
Equip-
ment.
Divi-
dends.
Per cent.
1868.
1869.
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
6010
6010
6010
6010
6710
6710
6710
6712
6713
6712
$
325,041
320,678
334,144
364,500
467,036
508,996
529,887
548,492
564,851
477,483
$
134,345
124,583
159,229
125,721
212.119
210;587
241,747
207,642
266,973
177,042
S
1,109,406
1,128,105
1,130,796
1,131,720
1,216,120
1,215,250
1,215,870
1,215,550
1,215,550
1,215,711
$
990,000
990,000
990,100
1,071,655
1,058,400
1,075,900
1,075,900
1,075,900
1,090,400
1,082,400
$
2.062,102
2,093,159
2,091,375
2,127,827
2,247,048
2,301,531
2,323,918
2,355,478
2,434,469
2,437,468
$
147
161
175
183
187
203
204
366,818
417,186
463,708
498,996
502,690
528,392
66,443
68,000
104,541
112,714
113,731
93,956
102,003
204,790
216,246
219,175
235,143
268,826
259,210
29,309
29,325
71,869
85,088
97,244
24,311
8*
8*
7
7
7
7
Detailed statement of funded debt :
Nature of Security.
Date of Issue.
Rate.
Payable.
Principal
Payable.
-
Authorized.
Outstand-
ing.
1853, extended.
7 gold.
Jan. & July.
1893
$500,000
$490,000
2d "
1854
7
Apr. & Oct.
1880
500,000
497,000
Bonds and Mortgages . . .
95,400
Total funded debt outstanding $1,082,400
Directors (elected October 25, 1877).— Thomas H. Dudley, Camden, N. J. ; Chas.
D. Freeman, -J. R. Jones, W. C. Houston and J. A. Merritt, Philadelphia, Pa. ; Andrew
K. Hay, Winslow, N. J. ; John Lucas, Gibbsboro', N. J. ; John F. Starr, Samuel C.
Cooper and James B. Dayton, Camden, N. J. ; Geo. W. Steever and Geo. T. De Costa,
Philadelphia, Pa. ; Enoch A. Doughty, Absecom, N. J.
CHARLES D. FREEMAN, President Philadelphia, Pa.
Secretary and Treasurer D. M. Zimmerman.
Superintendent F. A. Lister.
General Freight Agent E. W. Coffin.
Purchasing Agent J. L. Wendell.
.R. Hill.
Matter Machine^ y
Master Car Repairs S. Willis.
PRINCIPAL OFFICE AND ADDRESS. Cooper's Point, Camden, N. J.
CAMDEN, GLOUCESTEK AND MOUNT EPHEAIM K. E.
Line of Road. — Camden, N. J., to Gloucester, N. J 4 miles.
Sidings, 0.25 mile. Gauge, 4 feet 8£ inches. Rail, 50 Ibs.
Rolling Stock. — Not reported.
Operations for year ending December 31, 1877. — Gross earnings, $21,259.66.
Total expenditures, including interest, operating expenses, etc., $23,979.55. Balance
-deficit, $2,719.89.^
224 RAILROAD MANUAL OF THE UNITED STATES.
Financial Statement, December 31, 1877. — Capital stock paid in, $64,500 ; funded
debt, $62,100— total, $126,600. Per contra : Cost of road and equipment, $100,150.22.
JAMES P. MICHELLON, President Gloucester, N. J.
PRINCIPAL OFFICE AND ADDRESS Gloucester, N. J.
CENTKAL EAILKOAD OF NEW JEKSEY.
Line of Road. — Jersey City, N. J., to Phillipsburg, N. J 73.40 miles.
Branches, named below 58.67 "
Leased lines, named below, with, their branches 245.50 "
Total length of line owned, leased, and operated 377.57
Double track, 141.90 miles; sidings, etc., 222.17 miles — total, 364.07 miles. Steel
rails, 291 miles. Gauge, 4 feet 8| inches. Rail— iron, 56 to 65 Ibs. ; steel, 60 Ibs.
The Central Railroad Company of New Jersey was chartered under its present
title February 22, 1849.
The Elizabeth and Somerville R. R. Co. was chartered February 9, 1831, and
authorized to construct a railroad from Elizabethport to Somerville, 25 miles. This
road was completed March, 1839. The S.omerville and Easton R. R. Co. was char-
tered February 26, 1847, to construct a road from Somerville to Easton, 39 miles, and
to purchase the Elizabeth and Somerville R. R., already in operation. About 10 miles
of the S. and E. R. R. were constructed when the two companies were consolidated,
and the title changed as above. The road was completed from Elizabeth to Phillips-
burg July 2, 1852. In 1856 a third rail was laid to accommodate the broad-guage
cars of the Delaware, Lackawanna and Western R. R. from Hampton to Elizabeth-
port ; but this was removed in 1875, and the business of that company withdrawn.
In 1864 the company's line was extended from Elizabeth to Jersey City, the line
of the New Jersey R. R. and Transportation Company between those points having
been used prior to that time. In 1872 a branch was opened from Elizabeth to New-
ark, at which point it joins the Newark and New York Railroad, opened August 1,
1869, and built and owned by the Central R. R. Co. The line from Elizabeth to Sea
Girt, 46.3 miles, was completed September 7, 1875, and was also built by this com-
pany, but under separate organizations, and is operated as a leased line.
The South Branch Railroad, from Somerville to Flemington, 15.8 miles, was
opened July 1, 1864, and has, since that date, been leased and operated by this com-
pany.
A line from High Bridge to Port Oram, with a branch to Chester, 32.2 miles, was
opened in 1876, and is owned by the company.
On the 31st of March, 1871, this company leased from the Lehigh Coal Naviga-
tion Company the Lehigh and Susquehanna Railroad, with its branches and leased
lines, and purchased all its equipment ; and since that date all the lines have been
operated as practically one railroad. The terms of this lease are given in the MAN-
UAL for 1874-75.
On the 14th of February, 1877, the road was placed in the hands of a Receiver,
BAILROAD MANUAL OF THE UNITED STATES.
225
and on the 1st of April, 1877, defaulted on the interest due on the consolidated
mortgage bonds.
Statement of lines in operation December 31, 1877 :
Names of Railroads and Branches.
Length
of Road.
Second
Track.
Sidings,
etc.
Total,
Track.
Main Line. — Jersey City to Phillipsburg
Miles.
73.40
Miles.
73.40
Miles.
100.50
Miles.
247 30
( Newark, N. J., to Com'paw, N. J. (N.& N.Y. R.R.)
1 Elizabethport, N. J., to Brills, N. J
6.20
5.00
6.10
1.80
0.40
14.10
5 40
Branches : -\ Elizabethport Loop
3.07
3.07
Elizabethport, N. J. to Perth Amboy. N. J
12.10
1.54
13.64
[High Bridge, N. J., to Port Oram and Chester. ..
32.30
....
4.06
36.36 '
13207
7950
108 30
319 87
South Branch R. R. — Somerville, N. J., to Flemington, N. J.
N.Y. and L.Branch Div.— Perth Amboy, N. J., to Sea Girt, N. J.
15.80
34.20
....
1.30
8.64
17.10
42.84
Total lines in New Jersey leased
50.00
9.94
59.94
Lehigh and Susqnehanna (Phillipsburg to Union Junction)..
Branches belonging to same
105.00
47.35
51.20
4.40
51.96
20 96
208.16
72 71
Lehigh and Lackawanna (Beth, to Chapman Slate Quarries) .
Nesquehoning Valley and Branches
15.00
20.95
6.80
1.42
24.73
16.42
52.48
Tresckow (Silverbrook to Audenried)
7.20
4.86
1206
Total lines in Pennsylvania leased
195.50
62.40
103.93
361 83
Total of all lines operated by company
377.57
141.90
222.17
741.64
Rolling Stock. — Locomotive engines, 253. Cars — passenger, 220 ; baggage and
mail, 19 ; express, 3 ; freight (box, 542 ; stock, 30; platform, 865), 1,437 ; coal, 17,631
— total revenue cars, 19,310 ; also 643 caboose and service cars.
Statement of engines and revenue cars yearly (December 31) for ten years :
1868.
1869.
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
f Anthracite
73
105
106
193
'219
233
234
251
247
247
Engines:-
Wood or Soft Coal.
15
12
11
9
8
8
8
8
6
6
Total number
88
117
117
202
227
241
242
259
253
253
C Passenger
93
110
113
119
128
126
134
156
167
220
17
16
18
44
47
49
48
67
74
22
| Freight
418
414
445
917
1,202
1,250
1,271
1,276
1,337
1,437
Cars rated
8-wheel.
-{ Iron and Lime
Coal and other
112
1,047
112
1,120
82
1,159
127
6,864
136
14,401
205
15,055
236
14,801
228
17,490
221
17,443
17,631
[ Total number
1,687
1,772
1,817
8,077
15,914
16,685
16,672
19,217
19,242
19,310
Operations for year ending December 31,1877. — Trains run — passenger, 1,578,-
270; freight and coal, 2,992,430; and other, 168,719— total, 4,739,419 miles. Pas-
sengers carried, 4,377,709; carried one mile, 56,131,433. Freight moved, 1,082,655
tons ; moved one mile, 105,830,912 tons. Coal moved, 2,837,500 tons ; moved one
mile, 298,351,424 tons.
15
226
EAILROAD MANUAL OF THE UNITED STATES.
Expenditures.
For Maintenance of Way $653,773 40
" Repairs of Rolling Stock 507,513 31
" Transportation and Fuel 1,762,126 39
" Ferries, Docks, etc 345.153 94
Earnings.
From Passengers $1,530,639 74
" Freight 1,283,823 61
" Coal 2,806,864 32
" Mail, Express, Rents, etc 132,085 84
$5,753,413 51
Balance — net earnings (45.66 per cent.), $2,484,846.46.
The results of operations of the New Jersey portion of the line are stated as
follows in the report to the State Comptroller :
Earnings.
From Passengers $1,409,850 14
" Freight 1,008,75830
" Coal 1,172,34761
" Mail, Express, etc 129,239 23
Expenditures.
For Maintenance of Way $438,659 85
" Rolling Stock 265,702 99
" Transportation, etc 1,233,222 05
Miscellaneous 233,45302
$3,720,195 28 $2,171,037 91
Balance — net earnings New Jersey roads, $1,549,157.37.
The earnings and expenses of the various divisions have been as follows :
Earnings.
Expenses.
Net Earnings.
$3 208 469 46
$2,104,296 66
$1,104,172 80
308,759 65
157,058 47
151,701 18
Newark "
153,860 17
72,049 89
81,810 28
High Bridge "
49,106 00
28,571 62
20,534 38
Lehigh and Susquehanna Division
1,938,846 72
847,720 82
1,091,125 90
35,501 92
«
$5,659,042 00
$3,209,697 46
$2,484,846 46
Payments : Rental Lehigh and Susquehanna Division (33^ per cent, of gross re-
ceipts), $646,511.34 ; interest on 1st mortgage bonds, $350,000 ; on Newark and New
York R. R. Bonds, $48,114 ; on equipment loans L. and S. R. R., $165,000; rent of
Long Branch R. R., $33,536 ; rent of South Branch R. R., $26,298— total, interest and
rental for year, $1,269,459.34, leaving available surplus for year, $1,215,387.12.
Abstract of operations, earnings, etc., for ten years:
Fiscal
Years.
Train
Mileage.
Passen-
gers.
Mileage.
Freight,
Tons.
Mileage.
Gross
Earnings.
Net
Earnings.
Divi-
dends.
^"3
£o
1868.
1869.
1870.
1871.
1872.
1873.
1874.
1875.
1876.
877.
2,010,958
2,215,098
2.345,045
3,702,973
4,889,891
5,266,725
5,0&3,078
4,798,588
4,804,200
4,739,419
1,441,992
2,296,864
2,291,034
3,944,103
4,478,573
4,401,326
4,614,587
4,456,944
4,922,908
4,377,709
30,475,705
32,177,945
40,499,888
44,808,654
49,272,020
48,448,769
50,739,853
49,861,520
60,287,461
56,131,433
2,280,016
2,261,663
2,754,713
3,948,637
5,110,238
5,346.895
4,821,664
3,527,529
3,694,719
3,920,955
129,739,982
129,767,144
158,096,552
288,899,418
382,936,569
421,443,150
385,116,037
319,240,472
342,217,106
404,182,336
$ $
3,729,413 00 1,350,220 00
4,010,121 00 1,367,958 00
4,393,514 00 1,881,297 00
6,841,379 00 3,C35,235 00
7,120,718 00 4,236,806 00
8,881,365 98 4,665,782 00
8,589,630 8'2 4,449,029 64
7,411,636 73 3,282,909 63
6,983,173 32 3,188,468 87
5,753,413 51 2,484,846 46
$
1,396,165
10
1,200,000
1,500,000
1,755,570
1.600,000
2;000,000
2,013,125
515,000
8
10
10
8
10
10
Since 1870 the L. and S. R. R. operations are included.
RAILKOAD MANUAL OF THE UNITED STATES.
227
Abstract of tons of merchandise and coal moved for ten years :
Fiscal
Years.
Merchan-
dise.
Wyoming
' Coal.
Lehigh
Coal.
Total
Tonnage.
Fiscal
Years.
Merchan-
dise.
Wyoming
Coal.
Lehigh
Coal.
Total
Tonnage.
1868. .
1869. .
1870. .
1871. .
1872. .
659,171
705,611
702,529
990,591
1,490,689
1,000,086
1,094,918
1,342,982
1,843,306
2,140,551
618,759
461,134
709.202
819,896
1,474,849
2,280,016
2,261,663
2,754,713
3,653,793
5,106,089
l
1873. .
1874. .
! 1875. .
1876 .
1877. .
1,440,580
1,124,742
919,198
921,803
1,083,455
2,447,300
1,992.267
1,539,924
1,361,328
1,393,444
1,469,015
1,704,655
1,068,407
1,411,388
1,444,056
5,356,895
4,821,664
3,527,529
3,694,719
3,920,955
The leased lines of the company were held during the year on the following
terms : New York and Long Branch R. R., including line to Sea Girt, at 7 per cent,
on stock, amounting to an annual rental of $33,600 ; South Branch, 6 per cent, on
stock ; annual rental, $26,298.
Financial Statement, December 31, 1877.— Capital stock, $20,600,000; funded
debt, $24,700,000 ; other indebtedness, $6,331,115.77— total, $51,631,115.77. Per con-
tra : Cost of R. R., including Newark and New Jersey R. R., and Perth Amboy
Branch, and station houses, shops, etc., $17,232,341.75 ; equipment, $2,851,370 — total,
$20,083,711.75.
The above is from the report to the State Comptroller.
General Balance, December 31, 1876.
Construction (283.17m. single track).. $13,762,751 48 Capital Stock $20,600,000 00
Station and Ferry Houses 3,900,549 44 Mortgage Bonds, due 1890 5,000,000 00
Ferry Interest and Boats 622,21324 Convertible Bonds 4,400,00000
Engines and Equipment 9,405,378 16 Consolidated Mortgage Bonds 11,700.000 00
Land Accounts 1,385,75212
L. and W. Coal Co. Stock 5 789,088 26
Do. Bonds 4,783,350 00
Am.Dock and Improvement Co.Stock 3,000,000 00
N. Y. and Long Branch R. R. " 1,500,000 00
High Bridge and L. Valley R. Rg. " 1,402,766 63
Materials, Tools, etc 914,429 80
Cash, Accounts Receivable, etc 5,083,738 68
Newark Branch Bonds, due 1887 600,000 00
Lehigh Coal and Nav. Co. Loan, due
1897 2,310,000 00
R. R. Car Trust of Phila 261,413 65
Interest Accrued 269,635 20
Accounts Payable 3,285,968 96
Certificates of Indebtedness 123,000 00
$51,550,017 81
Statement of funded debt in detail, December 31, 1876 :
$51,550,017 81
Character of Bonds.
Date of Bonds.
Rate.
Interest
Payable.
Principal,
When Due.
Amount
Authorized.
Amount
Outstanding.
1st Mortgage
7
Feb & Aug
1890
$5000,000
$5,000,000
Convertible
7
May & Nov.
1902.
5,000,000
4,400,000
Consolidated Mortgage
r7
Quarterly.
July 1 1899.
25,000,000
15,000,000
Newark Branch
'7
Jan. & July.
1887.
600,000
600,000
In addition to the funded debt of the company proper, the following outstanding
bonds are assumed or guaranteed :
Character of Bonds.
Rate.
Interest Payable.
Principal,
When Due.
Amount
Outstanding.
Lehigh Coal Nav. Co., assumed
6 gold.
June and Dec.
1897,
$2,310,000
Am. Dock and Imp. Co., guaranteed .
7 '
Jan. and July.
3,000,000
Lehigh and Wilkesbarre Coal Co guar
7
Quarterly.
15,000,000
228 KAILROAD MANUAL OF THE UNITED STATES.
Abstract of general balance sheet for ten years :
Dec. 31.
Capital
Stock.
4
Funded Debt.
Accounts
Payable.
Miscella-
neous.
Total of
Acc'ts.
V*
First
Mort.
Second
Mort.
(1875.)
New
Mortgage.
(1890.)
Convert.
Bonds.
Consol.
Mortgage
Bonds.
1867....
1868....
1869....
1870....
1871
$
13,768,600
15,000,000
15,000,000
15,000,000
16,182,150
$
900,000
900,000
900,000
140,000
$
600,000
600,000
600,000
254,000
170,000
174,000
174,000
174,000
$
$
$
$
663,554
1,641,161
$
628,159 00
1
16,918,563
19,545,661
20,006,120
19,799,043
25,194,816
32,267,104
36,687,257
43,561,352
47,605,338
51,550,018
1,000,000
1,900,000
2,837,000
4,824,000
5,000,000
5,000,000
5,000,000
5,000,000
5,000,000
1,517,453
1,467,606
873.477
2,418;431
2,910,509
2,414,531
2,432,183
3,285,969
9,937 00
166,155 62
2,756,839 00
3,375,614 00
4,368,»i03 00
4,173,155 00
6,564,050 00
1872....
1873....
1874....
1875....
1876....
20,000,000
20,000,000
20,000,000
20,525,000
20,600,000
1,725,000
3,612,700
4,770,000
4,475,000
4,400,000
6,063,900
11,000,000
11,700,000
Included under the head of Miscellaneous are $600,000 Newark branch bonds,
due 1887; $2,310,000 Lehigh Coal and Navigation Co.'s loan, due 1897 (assumed) ;
and $261,413.65 Railroad Car Trust (assumed), as well as accrued interest and unpaid
dividends, $269,635.20.
Per contra :
Dec. 81.
Construc-
tion
Railroad.
Stations,
Shops,
etc.
Engines
and
Cars.
MatVls
and
Fuel.
Ferries
and
Boats.
Lands,*
Docks,
and
Machin-
ery.
Stockst
and
Adv'nces.
Cash
and
Accounts.
Total
of
Accounts.
1867.
1868.
1869.
1870.
1871.
1872.
1873.
1874
1875.
1876.
$7,155,947
7,372,369
7,659,576
7,764,112
8,231,072
8,794,881
1-2,304,616
13,OS2,080
13,471,393
13,762,751
$1,004,697
2,297,782
2,467,829
2,505,705
2,931,521
3,098,847
3,284,386
3,679,829
3,735,886
3,900,549
$2,075,493
2,424,571
2,175,000
2,674,000
6,891,559
7,882,235
8,054,580
8,180,000
9,229,341
9,405,378
$248,130 $601,554
229,466 680,954
194,815 633,250
256,098 574,046
707,969, 574,046
642,919! 574,046
577,895 524,046
442,903 5->4,146
328,323 524,146
262,982 622,213
$4,647,443
3,368.220
3,257,601
1,609,808
1,531,605
4.545,716
5,618,741
11,274,834
11,681,760
13,231,852
$1,185,299
932,2^9
462,844
2,210,058
2,077,043
4,345,360
4,584.891
4,967,540
4,418,078
5,083,739
$16,918,563
19,545,661
20,006,120
19,799.043
2?>,194,816
32,267,104
36,687,257
43,561,352
47,605,338
$2,240,000
3,155,205
2,205,218
2,250,000
2,383,100
1,500,000
1,500,000
3;862,896
5,902,767
* Including stocks and bonds in coal properties and other lands, docks, machinery, etc.
t American Dock and Improvement Company's stock, $1,500,000 ; the balance advances to the
Newark and New York, N. Y. and Long Branch, and High Bridge and L. V. R. R. Cos.
There has been no change of the general account since the appointment of a
Receiver. Since the close of the fiscal year, a plan for the equitable adjustment of al^
the affairs of the company has been agreed upon by a committee representing all the
interests involved, the general features of which are as follows :
Holders of consolidated and convertible bonds to surrender 2| years' interest from
January 1, 1877, and to receive in exchange a new 7 per cent. 23-year mortgage bond
of an issue not to exceed $5,550,000, secured by mortgage on unincumbered real estate
valued at $2,006,099.20 ; on Lehigh and Wilkesbarre Coal Co.'s consolidated bonds
(owned by Central R. R. Co. and hypothecated), $6,116,000 ; on stock, ditto, $6,600,000 ;
on lease and stock ($1,500,000) of N. Y. and Long Branch R. R., cost, $2,212,988 ; ditto,
High Bridge R. R. (capital, $800,000), cost, $985,582 ; ditto, Longwood Valley R. R.
(capital, $200,000) cost, $317,751 ; ditto, American Dock and Improvement Co., capital
$3,000,000; lease of South Branch R. R. ; agreement with Delaware and Bound Brook
EAILEOAD MANUAL OF THE UNITED STATES. 229
and North Pennsylvania R. R. Cos.; lease of Lehigli and Susquehanna R. R. and equip,
ment, valued at $1,000,000 ; and a second lien on the property now covered by the
consolidated mortgage — all of which is unincumbered, except as to the $4,000,000
mortgage of American Dock and Improvement Co., the L. and W. Coal Co.'s prior
mortgages, and certain rentals. A sinking fund of $50,000 per year and surplus
after 7 per cent, dividend on stock, is to be created after July, 1881.
The holders of consolidated and convertible bonds to be entitled to name three
directors until a 6 per cent, dividend is paid on stock. Of the " blanket mortgage "
bonds, $3,300,000 have been issued and are held with other collaterals to secure the
floating debt, amounting to about $4,500,000. The L. and W. Coal Co.'s consolidated
guaranteed bonds amount to $11,500,000, of which $5,384,000 are held by individuals,
and $6,116,000, owned by Central R. R. Co., are hypothecated to secure the floating
debt. The holders of the $5,384,000 are to fund three years' interest, from December
1, 1876, and to cancel the guarantee, and to receive for such interest 7 per cent, income
bonds of the Coal Co., payable 10 years after May 1, 1878, and to amount to $1,130,640,
— interest to be paid if earned, after paying prior interest charges — and such income
bonds, as well as the consolidated bonds held by the public, to be preferential to the
$6,116,000, so far as interest is concerned.
The holders of American Dock and Improvement Co.'s bonds, guaranteed, are to
forbear any prosecution on account of guarantee, before July 1, 1883 ; the Railroad
company to deposit $600,000 of these bonds owned by it, to be applied to payment of
interest and maturing bonds. The secured creditors, to whom $4,500,000 are due,
and holding $9,500,000 of collaterals, have agreed, except about $200,000, to extend
time of payment to November 1, 1880, on condition that interest and one-twelfth of
principal be paid every three months. The Receiver is authorized to compromise and
settle the unsecured claims, amounting to about $700,000, with Income bonds of the
railroad company, payable in 30 years, with 7 per cent, interest, — or as much as may
be earned, — after payment of prior claims, the whole amount of such bonds not to
exceed $2,450,000. The stockholders are to pay a cash subscription of 10 per cent,
upon their stock, for which they will receive the new $5,550,000 mortgage bonds.
They are also to surrender 10 per cent of their stock and receive in lieu the com-
pany's income bonds already described.
Under this plan the company will be relieved of payments, as follows :
Interest on consolidated and convertible bonds, 2| years $3,395,000 00
" Am. Dock and Improvement Co. " " 525,000 00
' Total amount of relief, 2i years $3,920,000 00
To pay the secured debt, $4,500,000 in amount, will require $4,997,250. The
annual interest payments first required, amount to $622,948 00
Interest on $5,550,000 new mortgage bonds 388,500 00
" " $2,450,000 " income " 171,50000
Total annual interest payments, for 2i years $1,182,948 00
Annual net income, based on year 1877 1,838,335 00
Leaving an unexpended balance of annual net revenue of $655,387 00
Making, for 2£ years, applicable to debt. $1,638,467 50
Add amount to be received from stockholders 2,036,800 00
Total amount to be received in 2£ years $3,675,267 50
Leaving balance required to pay accrued floating debt 1,321,982 20
230 EAILROAD MANUAL OF THE UNITED STATES.
It is believed that the advance in price of coal will before that time secure to the
company some $2,700,000 to apply to this balance, and leave on hand $1,460,000. It is
assumed also that the annual income thereafter will equal $3,638,335, out of which are
to be paid :
Interest on 1st mortgage bonds $5,000,000 at 7 per cent., $350,000
Newark and N. Y. R. R.
bonds 687,400 " 48,114
Interest on Equipment bonds, L. and
S. R. R 2,310,000 " 165,000
Rent of N. Y. and Long Branch R. R. 33,536
Rent of South Branch R. R 26,298 $622,948
Interest on consolidated and convert-
ible bonds 19,400,000 at 7 per cent., 1,358,000
Interest on new mortgage bonds. . . . 5,550,000 " 388,500
Income bonds 2,450,000 " 171,500 1,918,000
Total interest payment under the plan of adjustment $2,540,948
Leaving a surplus of $1,097,387 for dividends on the stock reduced, under plan of
reorganization, to $18,331,200.
The Lehigh and Wilkesbarre Coal Co. have, until recently, paid interest on
its own bonds, and on prior mortgages amounting to $4,500,000 (interest on which
is $315,000 per year), out of the profits of mining. The interest charge on the pro-
posed income bonds, amounting to $1,130,640, is $79,145. At the close of the three
years, the annual charges against that company will be as follows :
Interest on prior loans $315,000
income bonds ($1,130,640) 79,145
consolidated bonds ($5,384,000) 376,880 $771,025
Add sinking fund, 10 cents per ton mined (say
2,000,000 tons) 200,000
Making in all, before interest on $6,116,000 is paid, yearly, $971,025
The coal production of this company for 1876, was 2,300,555 tons; for 1877,
2,196,864 tons.
Directors (elected May, 1876).— E. C.; Knight, F. A. Comly, R. J. Dobbins, and
Henry Lewis, Philadelphia, Pa.; John Taylor Johnston and Edward Clark, New York
City ; Benjamin Williamson and John Kean, Elizabeth, N. J. ; and F. T. Freling-
huysen, Newark, N. J.
E. C. KNIGHT, President Philadelphia, Pa.
F. S. Lathrop, Receiver New York.
Treas. and Sec.— Samuel Knox New York City.
Supt. and Eng. — James Moore Elizabeth, N. J.
Train Master— E. W. Welsted ....
Purch. Agent — R. W. Burnet New York City.
Gen. Frt. Agt.—P. H. Wyckoff... M
( William Woodcock.. .Elizabeth, N. J.
i-Ac. G.Williams Comrmmipaw, "
cs I John Alpaugh Phillip-burg, '
Mast. Car Rep.—G. Hackett.. .Elizabeth porr, '
Gen. Tkt. Agt.—H. P. Baldwin. . . .New York City.
PRINCIPAL OFFICE AND ADDRESS. .No. 119 Liberty Street, New York City.
KAILROAD MANUAL OF THE UNITED STATES.
231
DELAWAEE AND BOUND BKOOK EAILEOAD.
Line of Road. — Yardleyville, Pa., to Bound Brook, N. J. (double tr.). . . .27 miles.
Trenton Br. 3.7 ; sidings, 3.6 miles. Gauge, 4 feet 8^ inches.. Kail (steel), 66 Ibs.
Chartered May 11, 1874. Opened May 1, 1876. In connection with the Central
R. R. of N. J. and the North Pa. R. R., it forms a through line between New York
and Philadelphia, and is operated under a tripartite agreement between the three
companies.
Rolling Stock. — Locomotive engines, 7. Cars — passenger, 12 ; baggage, mail,
etc., 3; freight (box, 22 ; platform, 30), 52 — total revenue cars, 67. Also, 20 service
cars.
Operations. — Not reported. Earnings, year ending December 31,. 1877 : From
passengers, $122,438.01 ; other sources, $116,028.82— total, $238,466.83. Operating
expenses, $171,422.18. Net earnings, $67,044.65.
General Balance, December, 1877.
Construction and Equipment $2,998,046 08
Real Estate, etc 172,789 81
Balance 102,197 19
$3,273,033 08
Statement of funded debt in detail :
Capital Stock $1,514,000 00
FundedDebt 1,500,00000
Other Liabilities 259,03308
$3,273,033 08
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal,
When Due.
Amount
Authorized.
Amount
Out-
standing.
1 st Mortgage
Aug. 2, 1875.
7
Feb. and Aug.
1905
$1,500,000
$1,500,000
E. C. KNIGHT, President Philadelphia, Pa.
Sec. and Treas.—J. H.Stevenson. Philadelphia, Pa. I Gen. Ticket Aqt.— Ellis Clark Philadelphia, Pa.
Supt. andEngr.—G. B. Boggs Trenton, N. J. | Parch. Agt.—S. A. Henszey "
PRINCIPAL OFFICE AND ADDRESS Trenton, N. J.
Transfer Office 407 Walnut Street, Philadelphia, Pa.
HIGH BKIDGE KAILKOAD.
Line of Road.— High Bridge, N. J., to Chester, N. J 17.42 miles.
Sidings, etc., 3 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
This road is built as a feeder to the Central Railroad of New Jersey, by which it
is operated, and is intended chiefly for the conveyance of iron ore. It was opened
April 1, 1876. Earnings for year ending December 31, 1877, $49,106; operating ex-
penses, $28,571.62; net earnings, $20,534.38.
Financial Statement, December 31, 1877.— Capital stock paid in, $850,000 ; float-
ing debt, $137,660.97; total, $987,660.97; cost of the railroad to date, $972,745.03.
JOHN KEAN, President Elizabeth, N. J.
Sec. and Treas.—J. W. Watson N. Y. City. | Chief Eng.—Cook Talcott Plainfleld, N. J.
PRINCIPAL OFFICE AND ADDRESS High Bridge, N. J.
232 EAILBOAD MANUAL OF THE UNITED STATES.
LONG BKANCH AND SEA GIRT KAILKOAD.
Line of Road. — Ocean Beach, N. J., to Sea Girt, N. J 3.4 miles.
Sidings, etc., 0.87 mile. Gauge, 4 feet 84 inches. Rail, 56 Ibs.
Opened 1875. Owned by Central R. R. of N. J.
Operations for year ending December 31, 1877. — Included in report of Central
R. R. of New Jersey.
Financial Statement, December 31, 1877.— Capital stock, $50,000 ; floating debt,
$16,556.55 — total, representing cost of road, $66,556.55.
ANTHONY RECKLESS, President New York City.
PRINCIPAL OFFICE AND ADDRESS Central R. R. of New Jersey.
LONGWOOD VALLEY KAILKOAD.
Line of Road.— German Valley. N. J., to Port Oram, N. J 13.26 miles.
This road is intended as a feeder to the Central R. R. of New Jersey, and is a
continuation of the High Bridge Railroad. It Avas completed during the year 1876.
Its operations are included in those of the High Bridge R. R.
Financial Statement, December 31, 1877.— Capital stock, $800,000; floating
debt, $118,051.84— total, representing cost of road, $418,051.84.
JOHN KEAN, President Elizabeth, N. J.
PRINCIPAL OFFICE AND ADDRESS (Central R. R. of N. J.). .New York City.
NEW EGYPT AND FAKMINGDALE KAILEOAD.
Line of Road.— Long Branch, N. J., to Ocean Beach, N. J 7.43 miles.
Sidings, etc., 0.81 mile. Gauge, 4 feet 8^ inches. Rail, 56 Ibs.
Opened 1875. Owned and operated by Central R. R. Co. of New Jersey. All the
operations of this road are included in those of the Central R. R. of New Jersey.
Financial Statement, December 31, 1877. — Capital stock, $200,000 ; floating debt,
$21,524.61. Total, representing cost of road, $221,524.61.
ANTHONY RECKLESS, President. New York City.
Other Officers and Directors Same as Central R. R. of New Jersey.
NEW YOKK AND LONG BKANCH KAILKOAD.
Line of Road. — Perth Amboy, N. J., to Long Branch, N. J 23.35 miles.
Sidings, etc., 6.62 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
This company was organized in 1873 and the road opened in 1875. ft is leased
to and operated by the Central R. R. Co. of New Jersey, and, with the Long Branch
RAILROAD MANUAL OF THE UNITED STATES. 233
and Sea Girt, and the New Egypt and Farmingdale R. Rs., forms the Long Branch
Division.
Operations. — Included in lessees' report.
Financial Statement, December 31, 1877.— Capital stock, $2,000,000 ; floating
debt, $228,333.76— total, $2,228,333.76. Cost of R. R., $1,922, 797.60.
ANTHONY RECKLESS, President New York City.
Other Officers Same as Central R. R. of New Jersey.
SOUTH BEANCH EA1LEOAD.
Line of Road. — Somerville, N. J., to Flemington, N. J 15.8 miles.
Sidings, etc., 1.29 mile. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
Leased July 1, 1864, and operated by Central Railroad Company of New Jersey.
Operations. — Included in lessees' returns. Rent, 6 per cent, on stock.
Financial Statement, December 31, 1877.— Capital stock, $438,300. Per contra :
Cost of road and appurtenances, $441,868.87.
Secretary and Treasurer — Samuel Knox New York City.
PRINCIPAL OFFICE AND ADDRESS New York City.
CHAKLOTTEBUKG AND GKEEN LAKE EAILKOAD.
Line of Road. — Charlotteburg, N. J., to Green Pond Mines, N. J 4.5 miles.
This company was organized August 17, 1876, as successors to the Green Pond
R. R. Co., whose road was sold under foreclosure at that time.
Rolling Stock.— Furnished by N. J. Midland R. R. Co.
Operations for year ending December 31, 1877. — Not reported. Gross earnings,
$4,345.19; operating expenses, $2,041.46; net earnings, $2,303.73. Payments-
dividend, $5,000 ; taxes, $376.81.
Financial Statement, December 31, 1877.— Capital stock, $100,000. Per contra:
Cost of railroad, $75,361.79.
GEO. H. POTTS, President New York City.
PRINCIPAL OFFICE AND ADDRESS New York City.
DELAWAEE, LACKAWANNA AND WESTEEN EAILEOAD.
(As Lessee.)
This company leases and operates in New Jersey the following Railroads,
151.06 miles in all :
Chester Railroad 10.00 m.
Morris and Essex Railroad.. ..118.56 "
Newark and Bloomfield Railroad 4.25 m.
Warren Railroad.. ..18.25 "
234
RAILROAD MANUAL OF THE UNITED STATES.
MOEKIS AND ESSEX RAILEOAD.
Line of Road. — Hoboken, N. J., to Phillipsburg, N. J 84.58 miles.
Branch : Denville, N. J. , to Bergen Tunnel, N. J 34.00
Leased lines, named below 14.25
Total length of line owned, leased, and operated 132.81 miles.
Second track, 105.34 m. Sidings, 100.30 m. Gauge, 4 ft. 8| in. Rail, 60 Ibs. Steel
rail, 170.72 m. /
Chartered January 29, 1835, to construct a railroad from Newark to the Delaware
River, arid road opened to Hackettstown, 53 miles, in January, 1854, and to Phillips-
burg in 1866. From Newark to Hoboken the road was opened in 1864. In 1868 it
was leased to the Delaware, Lackawanna and Western R. R. Co. The lessees assume
all liabilities of the Morris and Essex R. R. Co., and agree to pay on the capital stock
7 per cent, per annum ; and if, after the expiration of five years, the lessees should
earn on the road in any one year 10 per cent., the rental to be raised to 8 per cent.
for that year.
The Morris and Essex R. R. Co. lease and operate the Chester R. R., 10 miles,
and the Newark and Bl cornfield R. R., 4.25 miles, and the leases of these lines are
transferred, with their own, to the D., L. and W. R. R. Co.
Rolling" Stock. — Locomotive engines, 111. Cars — passenger, 101 ; baggage, mail,
etc., 37 ; freight (box, 386; stock, 16 ; platform, 1,055; coal, 2,010), 3,467— total rev-
enue cars, 3,605. Also, 144 service cars.
Operations for year ending December 31, 1877, not reported.
Earnings. (Year ending December 31, 1877.) Expenditures.
From Passengers $770,493 68
" Merchandise 643,90288
" Coal 1,729,436 15
Miscellaneous sources 224,608 34
$3,368,441 05
Balance — net earnings, $1,222,507.35.
For Maintenance of Way f 517,320 86
" Boiling Stock 254,396 18
' ' Transportation, etc 1,374,216 66
dends, $2,432,921 ; balance, deficit, $1,210,413.65.
Abstract of earnings and expenditures for ten years :
$2,145,933 70
Payments by lessees : interest and divi-
Years.
Gross
Earnings.
Operating
Expenses.
Net
Earnings.
Years.
Gross
Earnings.
Operating
Expenses.
Net
Earnings.
1868..
$1,921 419
$1 539,009
$382 410
1873
$4 214 846
$2 929 737
$1,285,109
1869
2,492,691
1,944,339
548,352
1874
3 946,162
2 741,273
1,204,889
1870
2,858,453
1,900,931
957,522
1875
4 340,351
2,864,637
1,475,714
1871
2 987,211
2,318,297
668,914
1876
3 452,319
2 267 596
1,184,723
1872
3,859,951
2,508,181
1,351,771
1877
3,368,441
2,145,934
1,222,507
General Balance, December 31, 1877.
$17,551,083 02
Capital Stock .
.$15,000,000 00
Equipment
12,140,592 13
Funded Debt
. . . 19,746,000 00
Piers etc at Hoboken
3 429 839 68
Canal " "
673,994 62
$34,746,000 00
Less Sundry Assets
950,49055
$33,795,509 45
$33,795,509 45
EAILEOAD MANUAL OF THE UNITED STATES.
Abstract of financial condition (December 31) for ten years :
235
Years.
Capital
Stock.
Bonds.
Cost of
K. R., etc.
Years.
Capital
Stock.
Bonds.
Cost of
R. R., etc.
1868
$4,823,500
$8,500,500
$9 576,875
1873...
$14,165,450
$13,796,000
$27 888 477
1869
7,880,100
11,779,000
9,759,063
1874
15,000,000
14,873,000
30 371 056
1870
11,900,950
12,184,000
23300,000
1875
15,000,000
18,112,000
30 477 564
1871
13,692,250
11,614,000
25,360,250
1876
15,000.000
19,194.000
30,792 917
1872
14,008,100
13,027,000
27,888,477
1877
15,000,000
19,746,000
33,795,509
Statement of funded debt in detail, January 1, 1878 :
Character of Bonds.
Date of
Interest.
Principal,
When
Amount
Amount
Out-
bonds.
Rate.
When Payable.
Due.
standing.
1864
7
May and November.
1914
$5,000,000
$5,000,000
2d "
1866-67
7
February & August.
1891
8,000,000
3,000,000
Convertible . .
1869
7
January and Juty.
1900
284,000
1869
7
February & August.
1889
573,000
Special Real Estate
7
1,025,000
Consolidated Mortgage.
1871
7
April and October.
1901
5,000,000
4,991,000
1st Consol. Gen'l Mortgage
1875
7
June and December.
1915
25,000,000
4,873,000
The consolidated mortgage of 1875 was executed for tlie purpose of supplying
future requirements of the company and for the retirement at maturity of the various
outstanding bonds.
SAMUEL SLOAN, President New York City.
PRINCIPAL OFFICE AND ADDRESS. .No. 26 Exchange Place, New York City.
CHESTER EAILEOAD.
Chartered about 1868, and road opened in 1872. It extends from Dover, N. J.,to
Chester, N. J., 10 miles. It is leased to and operated by the Morris and Essex R. R.
Co. , and all its operations included in report of that road. The lessees pay 6 per
cent, dividend on the capital stock, and 7 per cent interest on the bonds.
Financial Statement, December 31, 1877.— Capital stock paid in, $36,596.68;
funded debt, $100,000 ; floating debt, $84,541.80 — total stock, bonds and debt, repre-
senting cost of road, $221,138.48.
Treasurer— F. F. Chambers 26 Exchange Place, New York City.
NEWARK AND BLOOMFIELD RAILROAD.
Chartered March 26, 1852, and road opened July 1, 1856. It extends from New-
ark Junction to West Bloomfield, N. J., 4.25 miles. It is leased to the Morris and
236
KAILKOAD MANUAL OF THE UNITED STATES.
Essex R. R. Co. at an annual rental of $6,000, and all its operations are included in
the report of that company.
Financial Statement, December 31, 1877. — Capital stock, $103,850; and floating
debt, $9,948.56 — total stock and debt, $113,798,56, representing cost of road, etc.
SAMUEL SLOAN, President 26 Exchange Place, New York City.
WAEEEN KAILBOAD.
Chartered February 12, 1851, and road opened in June, 1856. It extends from
Hampton Junction, on Central R. R. of New Jersey, to Delaware Bridge, 18.25 miles,
with 6 miles of sidings. It is leased to the D., L. and W. R. R. Co., that company
paying 7 per cent, annually on the stock and bonds of the Warren R. R. Co.
Rolling Stock. — Furnished by lessees.
Operations for year ending December 31, 1877. — Not reported. Earnings from
all sources, $342,737.47 ; operating expenses, $119,100.15 ; net earnings, $223,637.32.
Payments — interest, 7 per cent, on bonds, $94,500 ; and dividends on stock at 7 per
cent., $126,000— total, $220,500; balance, surplus, $3,137.32.
Financial Statement.— Capital stock, $1,800,000 ; funded debt, $1,350,000 ; float-
ing debt, $11,353.35— total, $3,161,353.35. Cost of road and equipment, $3,113,-
148.91 ; balance, sundry accounts, $48,204.44.
Statement of funded debt, in detail :
Character of Bonds.
Date of
Bonds.
Rate.
Interest Pay-
able.
Principal,
When Due.
Amount
Authorized.
Amount
Outstand-
ing.
2d Mortgage
1871.
7
April and Oct
1900
$750 000
$750000
1st Consol. Mortgage
1875.
7
Mar. and Sept
1905
600 000
600,000
Directors. — John I. Blair, Blairstown, N. J. ; Samuel Sloan, William E. Dodge,
Moses Taylor, and John Brisbin, New York City ; S. T. Scranton, Oxford, N. J. ; D.
C. Blair, J. G. Shipman and S. S. Clark, Belvidere, N. J.
JOHN I. BLAIR, President Blairstown.
PRINCIPAL OFFICE AND ADDRESS 26 Exchange Place, New York City.
BLAIBSTOWN EAILWAY.
Line of Road. — Delaware Station, N. J., to Blairstown, N. J 12 miles.
Sidings, 0.50 mile. Gauge, 4 feet 8£ inches. Rail, 50 Ibs., steel.
This road was opened July 24, 1877, and is operated in connection with the War-
ren R. R.
Rollins,' Stock. — Locomotive engines, 2. Cars — passenger, 2 ; baggage, etc., 1 ;
freight, 6 ; service, 3.
RAILROAD MANUAL OF THE UNITED STATES. 237
Operations, etc., not reported. Gross earnings to December 31, 1877, $2,852.76 ;
operating expenses, $2,112.89 ; net earnings, $739.87.
Financial Statement.— Capital stock, $117,020 ; floating debt, $50,000— total
(cost of road), $167,020.
JOHN I. BLAIR, President Blairstown, N. J.
Superintendent— J '. D. Vail Blairstown, N. J. j Sec. and Treas.—C. E. Vail Blairstown, N. J.
PRINCIPAL OFFICE AND ADDRESS Blairstown, N. J.
DELAWAEE SHOKE EAILEOAD.
Line of Road. — Woodbury, N. J., to Pennsgrove, N. J. . . .* 20 miles.
Sidings, 1 mile. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
This road was opened in 1877, but no statement of its operations or financial con-
dition is given.
THOMAS R. OGDEN, Receiver ; W. J. Sewell, General Agent Camden, N. J.
PRINCIPAL OFFICE AND ADDRESS Camden, N. J.
FEKKO MONTE EAILEOAD.
Line of Road. — Ferro Monte Mines, N. J., to Morris Canal, N. J 2.5 miles.
Operations in 1877. — Iron ore carried, 48,434 ; and coal, 1,991 tons. Gross earn-
ings, $10,885.45 ; and expenses, $8,124.20 — net revenue, $2,761.25.
Financial Statement.— Capital stock, $30,000; and cost of road, $50,309.21.
JACOB VANNATA, President Ferro Monte, N. J.
PRINCIPAL OFFICE AND ADDRESS Ferro Monte, N. J.
FEEEHOLD AND JAMESBUEG AGEICULTUEAL E. E.
Line of Road. — Freehold, N. J. , to Jamesburg, N. J 11.45 miles.
Leased lines, named below. 16.25 "
Total length of railroad owned, leased, and operated by company. . .27.70 miles.
Sidings and other tracks, 2 miles. Gauge, 4 feet 9 inches. Rail, 50 Ibs.
Chartered March 12, 1851 ; road opened July 18, 1853.
The leased lines are the Farmingdale and Squan Village, 8.60 miles, and the
Squankum and Freehold, 7.65 miles, all whose operations are here included.
238 RAILROAD MANUAL OF THE UNITED STATES.
Rolling Stock. — Locomotive engines, 3. Cars — passenger, 2 ; baggage, mail,
and express, 2 ; and freight — box, 1 ; platform, 2— total revenue cars, 7.
Operations for year ending December 31, 1877. — Trains run — passenger, 50,481 ;
freight, 16,573 — total, 67 054 miles. Passengers carried, 153,456 ; carried one mile,
1,873,430. Freight moved, 69,397 tons ; moved one mile, 906,855 tons.
Earnings.
From Passengers $34,860 15
" Freight, etc 16,53705
$51,397 20
Expenditures.
For Maintenance of Way $17,787 64
Transportation, etc 29,129 51
$46,917 15
Balance — net earnings, $4,480.05. Payments — not reported.
Financial Statement. — Capital stock, $283,744.80. Per contra : Cost of road,
$245,016.66. Equipment, $38,728.14. Total, $283,744.80.
Directors (elected July 29, 1877). — Richard S. Couover, So. Amboy, N. J. ; Benja-
min Fish, Trenton, T^. J. ; William H. Gatzmer, George B. Roberts, and Strickland
Kneass, Philadelphia, Pa. ; Lewis Perrine, Trenton, N. J. ; William H. Conover,
Freehold, N. J. ; and I. S. Buckalew, Jamesburg, N. J.
BENJAMIN FISH, President Trenton, N. J.
Sec., Treas. Supt.—I. S. Buckalew. .Jamesburg, N. J. | Road Master— R. Perrine Englishtown, N. J.
PRINCIPAL OFFICE AND ADDRESS Jamesburg, N. J.
FAEMINGDALE AND SQUAN TILLAGE EAILEOAD.
Line of Road. — Farmingdale, N. J., to Squan Village, N. J 8.60 miles.
Sidings, 1 mile. Gauge, 4 feet 9 inches. Rail, 40 Ibs.
Leased to Freehold and Jamesburg Agricultural R. R. and its operations are
included in that company's, which also furnishes rolling stock. Cost of road not
reported.
I. S. BUCKALEW, President Jamesburg, N. J.
PRINCIPAL OFFICE AND ADDRESS Jamesburg, N. J.
SQUANKUM AND FREEHOLD EAILEOAD.
Line of Road.— Freehold, N. J., to Farmingdale, K J 7.65 miles.
Sidings and other tracks, 1.5 mile. Gauge, 4 feet 9 inches. Rail, 40 Ibs.
Leased to and operated by the Freehold and Jamesburg Agricultural Railroad.
Receipts, operations, etc., included in that company's. Cost of road not reported.
I. S. BUCKALEW, President Jamesburg, N. J.
Treas. and Sec.— J.D. Buckalew.. Jamesburg, N. J. Superintendent of I A A Vnrd "RYpphnld "W T
Engineer-^. G. Stevens Trenton. " Marl Works ] ~A" A< "
PRINCIPAL OFFICE AND ADDRESS Freehold, N. J.
RAILROAD MANUAL OP THE UNITED STATES. 239
FBEEHOLD AND NEW YORK KAILBOAD.
Line of Koad. — Freehold, N. J., to Keyport, N. J 14.75 miles.
Sidings, etc., 1 mile. Gauge, 4 feet 8i inches. Rail, 56 Ibs.
This road was opened for traffic July 2, 1877, but was incomplete at the close
of the fiscal year. The company own no rolling stock.
Operations for six months ending December 31,1877. — Gross earnings, $8,558.99;
operating expenses, $9,533.91 ; balance, deficit, $974.92.
Financial Statement.— Capital stock, $200,000 ; funded debt, $100,000 ; floating
debt, $3,428.42— total, representing cost of road, $303,428.42.
JOHN S. SCHULTZE, President New York.
Secretary and Treasurer— S. E. Ralph Freehold, N. J.
PRINCIPAL OFFICE AND ADDRESS 61 Wall Street, New York.
HIBEKNIA MINE KAILKOAD.
Line of Road. — Hibernia Mine, N. J., to Morris and Essex Railroad 5.5 miles.
Rolling Stock. — Locomotive engines, 2. Coal and ore cars, 100.
Operations for year ending December 31 , 1877.— Freight moved— iron ore, 35,365 ,
and coal, etc., 2,198 — total, 37,563 tons. Gross earnings, $13,884.96. Operating ex-
penses, $8,214.02. Net revenue, $5,640.94. Dividends (6 per cent.), $9,000.
Financial Statement. — Capital stock, $150,000. Cost of road and equipment,
$149,263.15.
GEORGE RICHARDS, President Dover, N. J.
Sec. and Treas.—J. W. Pullman.. Philadelphia, Pa. | Superintendent— G. R. Miller.. .Rockaway, N. J.
PRINCIPAL OFFICE AND ADDRESS Rockaway, N. J.
MONTCLAIK AND GKEENWOOD LAKE KAILBOAD.
Line of Road. — Jersey City, N. J., to Greenwood Lake (N. Y. Line). .42.0 miles.
Branches 12.5 "
Total length of line operated 54.5 miles.
Sidings, etc., 2 miles. Gauge, 4 feet 8| inches. Rail, 60 Ibs. Steel rails, 2 miles.
Reorganization of Montclair R. R., which was opened in 1874, and sold under the
foreclosure of the 1st mortgage, September 25, 1875. The 2d mortgage bondholders
were recognized, and the present company organized October 25, 1876.
The road was placed in the hands of a Receiver, October 4, 1877, and proceedings
for foreclosure have been commenced.
Rolling Stock.— Locomotive engines, 7. Cars— passenger, 15 ; baggage, mail, and
express, 3 ; freight (box, 4 ; and platform, 34), 38 — total of all cars, 56. Also 28 ser-
vice cars.
240 BAILBOAD MANUAL OF THE UNITED STATES.
Operations for year ending December 31, 1876. — Not reported. Gross earnings,
$111,197.53 ; operating expenses, $82,165.47; net earnings, $29,032.06.
The earnings for three months ending December 31, 1877, while in the hands of
the Receiver were $21,319.34; operating expenses, $18,181.18; terminal charges,
$3,772.01.
Financial Statement, December 1, 1875.— Capital stock authorized, $3.500,000 ;
issued, $3,000,000. Funded debt (1st mortgage construction bonds, due 1906), author-
ized, $700,000 ; 2d mortgage bonds (7 per cent., due 1916), authorized, $2,500,000 ;
issued, $1,800,000; interest payable May and November, in cash, if earned; if not
earned, payable in a receipt redeemable in 2d mortgage bonds. Total stock and bonds
issued, $4,800,000.
No later information furnished.
Directors (elected May 7, 1877.)— Smith Ely, Jr., J. W. Drexel, C. W. Field, C.
N. Jordan, D. A. Lindley, R. H. Low, J. W. Pinchot, Remington Vernam, and J. de
Neufville, New York.
CYRUS W. FIELD, President New York City.
G. A. Hobart, Receiver
General Manager — Grinnell Burt. Jersey City, N. J. I Supt. & Purch. Agt. — C. W. Douglas, Jersey City.
Gen. FgL & Tkt. Agt.— J. F. Mackie, Jersey City.
PRINCIPAL OFFICE AND ADDRESS . . . Grand and Greene streets, Jersey City.
MOUNT HOPE MINEEAL KAILKOAD.
Line of Road.— Mount Hope Mines, N. J., to Port Oram, N. J 4.25 miles
The road commences at Mount Hope Mines, in the county of Morris, and runs
thence in a southerly course to a connection with the Morris Canal and the Morris and
Essex Railroad at Port Oram. The chief business of the road is the transportation of
iron ores from the mines along its line.
Gross earnings for year ending December 31, 1877, $22,957.57 ; operating ex-
penses, $19,731.82; net earnings, $3,225.69.
Capital stock, $160,000; cost of road and equipment, $169,278.77.
BENJAMIN G. CLARKE, President , New York City.
PRINCIPAL OFFICE AND ADDRESS.. ..New York.
NEW JEKSEY MIDLAND KAILKOAD.
Line of Road.— West End, N. J., to Unionville (N. Y. Line) 71 miles.
Leased and operated : Middletovvn, Unionville, and Water Gap R. R 14 "
Total length of line owned, leased, and operated 85 miles.
Sidings and other tracks, 6.8 miles. Gauge, 4 feet 8£ inches. Rail, 60 Ibs.
This company was chartered about 1870, and the road was completed in 1872. It
connects, by means of the M., IT. and W. G. R. R. with the New York and Oswego
KATLKOAD MANUAL OF THE UNITED STATES.
241
Midland R. R., to which it was leased on completion, forming its Eastern outlet.
On the failure of that company, the lease terminated, and the road was placed in
the hands of Receivers, March 30, 1875, by whom it has since been operated.
Rolling Stock. — Locomotive engines, 14. Cars — passenger, baggage, etc., 23;
freight — box, 65 ; and platform, 71 ; ore, etc., 54 — total cars, 213.
Operations for year ending September 30, 1877. — Not reported.
Earning*.
From Passengers $137,654 65
" Freight 470,356 19
" Mail, Express, etc 77,07633
Expenditures.
For Operating Expenses, etc $580,049 33
" Lease M., N. and W. G. R. R 42,15055
" Construction and other accounts 61,283 03
$685,087 17 $683,482 91
Balance, surplus for year, $1,604.26. Included in operating expenses are taxes,
legal expenses, interest, etc.
Abstract of operations, etc. , for three years :
Gross
Earnings.
Operating
Expenses.
M.,N. and
W. G. R. R.
Con-
struction.
Equipment.
Right of
Way.
1875
$420,414 54
$352,577 97
$49,242 02
$18,895 88
$9,014 33
$6,477 16
1876
666,914 25
548,015 22
32,050 00
45,086 25
31,129 88
20 214 63
1877
685,087 17
580,049 33
42,150 55
27,139 33
19,543 31
14,600 30
The total of net earnings for the three years is $186,273.44, and the payments for
construction, etc., beyond operating expenses, $211,043.73 — being an excess of pay-
nients over receipts, of $24,770.29. There are also outstanding Receivers' certificates,
$112,838 — of which, $65,000 were issued for rolling stock bought prior to their tak-
ing possession of the road, and the remainder in settlement of back rents, etc.
Financial Statement (At the time the Receivers took possession, March 30,
1875).— Capital stock, $1,423,745.18; funded debt, 1st mortgage bonds, $3,000,000 ;
2d mortgage bonds, $1,500,000 ; 3d mortgage bonds, $1,000,000 ; total funded debt,
$5,500,000 ; floating debt, $989,924— total, $7,913,669. The property of the com-
pany, exclusive of franchises and road bed, December 31, 1877, stood at $313,575.
CORNELIUS A. WORTENDYCKE, President Godwinville, N. J.
Garret A. Hobart, )
James W. McCulloh, \ Receiver8 Jerse^ Cit^ N" J«
PRINCIPAL OFFICE AND ADDRESS New York City.
MIDDLETOWN, UNIONVILLE AND WATER GAP E. E.
Line of Road. — Middletown, N. Y. , to Unionville, N. J 14 miles.
Sidings and other tracks, 0.52 mile. Gauge, 4 feet 8£ inches. Rail, 60 Ibs.
Organized May 25, 1866. Opened 1868. Leased to New Jersey Midland R. R. Co.
16
242 RAILROAD MANUAL OF THE UNITED STATES.
Rolling Stock. — None owned. Furnished by lessees.
Operations. — Included in lessees' report. Rental for 1877, $43,150.55.
Financial Statement, September 30, 1875.— Capital stock ($300,000) paid in, $123-
850 ; funded debt, 1st mortgage 7 per cent, free bonds, dated November 1, 1866, in-
terest payable May and November, principal November 1, 1886, $400,000 ; and float-
ing debt, $712.04— total stock, bonds and debt, $524,562.04. Per contra : Cost of road
and appurtenances, $350,476.47, exclusive of expenditures by N. Y., 0. and Midland
R. R. Co. while leased by them.
No later information furnished.
ELISHA P. WHEELER, President Middletown, N. Y.
Treasurer William Evans. | Secretary '. J. N. Pronk.
PRINCIPAL OFFICE AND ADDRESS Middletown, N. Y
NEW JEESEY SOUTHEEN EAILEOAD.
Line of Road. — Sandy Hook, N. J., to Atsion, N. J 70.50 miles.
Branches, named below 57.25 "
Leased : Vineland R. R. . . .47.50 "
Total length of line owned, leased, and operated 175.25 miles.
Sidings, etc., 12 miles. Gauge, 4 feet 9 inches. Rail, 45 to 58 Ibs.
This company was formed by the reorganization of the Raritan and Delaware
Bay R. R. Co., chartered in 1854, and road opened, 1860 ; road sold under foreclosure
September 14, 1869. It was placed in the hands of a Receiver in 1874. The branches
are: Atsion to Atco, 9.25 miles; Manchester to Waretown, 20.5 miles; Port Mon-
mouth to Eatontown, 9.25 miles; Whiting's to Pemberton Junction, 18.25 miles.
Boiling Stock. — Locomotive engines, 21; Cars — passenger, 32; baggage, 7;
freight (box, 207 ; platform, 97), 304— total, 333. Also, 14 service cars.
Operations for year ending December 31, 1877. — Trains run, 304,639 miles. Pas-
sengers carried, 322,388. Freight moved, 70,768 tons. Earnings — from passengers,
$230,279.83; from freight, $132,332.60; from mail and express, $18,557.14; other
sources, $12,636.49 — total, $393,806.06. Operating expenses, including steamer,
$335,468.57. Balance— net earnings, $58,337.49. Payments— not reported.
Financial Statement, December 31, 1877. — None furnished. The road is in the
hands of the trustee of the 1st mortgage bondholders, and is operated by him. The
latest financial statement was as follows, January 1, 1874 : Capital stock, $5,000,000 ;
and funded debt, 1st mortgage bonds, $2,000,000 ; 2d mortgage income bonds, $1,000,-
000 ; Tom's River Branch bonds, $120,000 ; consolidated bonds, $1,700,000. The com-
pany have authorized the issue of $7,000,000 1st mortgage 7 per cent, bonds, dated
April 1, 1873, payable, interest semi-annually, and principal October 1, 1903. These
bonds to be exchanged for all the other bonds of the company now outstanding,
among which are $2,000,000 bonds of September 14, 1869 ; of these bonds $5,300,000
BAILRO AD MANUAL OF THE UNITED STATES. 243
have been issued to date. Cost of road and equipment as stated December 31, 1876,
$958,520.
B. WILLIAMSON, Trustee New York.
W. S. Sneden, General Manager Long Branch, N. J.
Supt. &Mast. Mack. — R. Blodgett, Manchester,N.J.
Road Master— J. M. Quimby "
Purchasing Agent— -w. S. Sneden, Long Branch, "
Aud.&Mast. Trans.— G. O.Waterman.L'gB'cl^N.J.
Gen. Ticket Agent— C. P. McFaddin, "
Gen. Frt. Agent — W. J. Parmetier, Sandy Hook, "
PRINCIPAL OFFICE AND ADDRESS Long Branch, N. J.
VINELAND KAILWAY.
Line of Road. — Atskm, N. J., to Bay Side, 1ST. J. 47.50 miles.
This company was chartered May 7, 1877, as successor to the Vineland Railroad
Co. The road is operated by the N. J. Southern R. R., and all operations are in-
cluded therein.
Financial Statement, December 31, 1877.— Capital stock, $600.000. No funded
debt. No further information furnished.
Directors (elected May 7, 1877).— Jay Gould, W. S. Sneden, W. G. Miller, E. P.
Miller, T. J. Sheridan, J. A. Hauce, and J. F. Bingham.
JAY GOULD, President .New York City.
Sec. and Treas.—J. F. Bingham Baltimore,Md. | Gen. Manager— W. S. Sneden, Long Branch, N. J.
PKINCIPAL OFFICE AND ADDRESS Long Branch, N. J.
NEW JEKSEY WEST LINE BAILKOAD. (In Progress.)
Line of Road.— Jersey City, N. J., to Delaware River 62 miles.-
In operation : Summit (M. and E. R. R.) to Bernardsville 15 "
Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
This road was intended to form a direct line across the State of New Jersey.
The company refuse all information except as to 1st mortgage bonds, of which
$1,800,000 have been issued, and $3,000,000 are authorized. They bear 7 per cent,
gold interest, and are due in 1900. The property has been placed in the hands of
Trustees, and no report is made to the State Comptroller.
T. F. RANDOLPH, ) m
-n ~ ~ \ Trustees New Jersey.
B. G. CLARKE, )
W. P. McMichael, Manager Summit, N.J.
PRINCIPAL OFFICE AND ADDRESS P. 0. Box 82, Summit, N. J.
OGDEN MINE KAILBOAD.
Line of Road.— Nolan's Point, N. J., to Ogden Mine, N. J 10 miles.
Branches to Kurd's and Ford's Mines, 2 miles. Gauge, 4 feet Si inches. Rail, 50 Ibs.
Rolling Stock.— Locomotive engines, 2. Cars— platform freight, 2 ; and ore, 96
— total, 98 cars.
244 EAILBOAD MANUAL OF THE UNITED STATES.
Operations for year ending December 31, 1877. — Freight moved — iron ore, 28,960 ;
coal, 1,611 — total, 30,571 tons. Gross earnings, $15,520.47; operating expenses,
$8,904.57; net earnings, $6,615.90.
Financial Statement. — Capital stock, $450,000. Per contra : Cost of road, equip-
ment, etc., $452,993.92.
Tlie road is used solely for the transportation of ores from the iron and zinc mines
at Ogden and neighborhood.
GEORGE RICHARDS, President Dover, N. J.
Treas. and Sec.—H.. H. Wilson Philadelphia. | Supt.— H. W. Cartwright Hopatcong, N. J.
PRINCIPAL OFFICE AND ADDRESS Nolan's Point, N. J.
Fiscal Agency and Transfer Office. .No. 303 Walnut Street, Philadelphia, Pa.
PHILADELPHIA AND ATLANTIC CITY EAILWAY.
Line of Road. — Camden, N. J., to Atlantic City, N. J 54.67 miles.
Sidings, etc., 2 miles. Gauge, 3 feet. Rail, 30 Ibs. (steel).
This company was organized in 1875, and the road was opened July 21, 1877. No
information in regard to its operations or financial condition is famished by the offi-
cers of the company.
The following is taken from the returns of the State Comptroller :
Gross earnings for year 1877, $50,378.42 ; operating expenses not reported.
Financial Statement, December 31, 1877.— Capital stock, $300,619.89 ; funded
debt, $230,900 ; floating debt, $300,900 ; total stock, bonds and debt, $832,419.89.
Per contra : Cost of road and equipment, $729,823.57.
CHARLES R. COLWELL, President Philadelphia, Pa.
Sec. and Treas— J. H. Burrell, Jr Phila., Pa. | Superintendent— C. H. Brown Camden, N. J.
PRINCIPAL OFFICE AND ADDRESS Box 2298, Philadelphia, Pa.
SUSSEX EAILKOAD.
Line of Road.— Waterloo, N. J., to Franklin, N. J 24.00 miles.
Branches : \ Junction to Branchville 6.50
( Hamburg, to South Vernon 3.50—10.00 "
Total length of railroad owned and operated by company 34.00 miles.
Sidings and other tracks, 2.5 miles. Gauge, 4 feet 8 inches. Rail, 52 Ibs.
Chartered February 4, 1853. Opened December 11, 1854.
EAILEOAD MANUAL OF THE UNITED STATES.
245
Rolling1 Stock. — Locomotive engines, 7. Cars — passenger, 4; baggage, mail, and
express, 3 ; and freight — box, 3 ; platform, 18 ; stock, 3 ; ore, 20 ; and other, 5 — total
revenue cars, 56.
Operations for year ending December 31, 1877. — Trains run — passenger, 70.000 ;
freight, etc., 30,000— total, 100,000 miles. Passengers carried, 35,500.
Gross earnings, $102,734.32 ; operating expenses, $65,369.41. Balance — net earn-
ings, $37,364.91. Payments from net earnings— interest, $20,693,75 ; taxes, $2,001.90.
Balance— surplus, $14,669.36.
It is intended, ultimately, to extend the road to the New York State Line.
Financial Statement, January 1, 1878.— Capital stock, $1,638,600 ; funded debt,
$236,500. Total, representing cost of road, $1,875,100.
Statement of funded debt in detail :
Character of Bonds.
Date of Bonds.
Rate.
Interest
Payable.
Principal,
When Due.
Amount
Authorized.
Amount
Issued.
April 1, 1873.
7 p.c.
Apr. l&Oct.l
April 1, 1903.
$500,000
$236,500
Directors (elected 1877). — John I. Blair, Blairstown, N. J.; W. E. Dodge, Moses
Taylor, and Percy R. Pyne, New York City ; John Linn, Jersey City, N. J. ; M. Ryer-
son and Jos. Colt, Newton, N. J.; D. C. Blair, Belvidere, N. J.; and Seldon Scranton,
Oxford Furnace, N. J.
JOHN I. BLAIR, Resident Blairstown, N. J.
Gen. Freight and Ticket Agent Chas. Arvis. I Gen. Supt. and Purch. Agent Timothy Case.
Secretary Chas. E. Vail. | Treasurer David Thompson.
PRINCIPAL OFFICE AND ADDRESS Blairstown, N. J.
TUCKEKTON EAILEOAD.
Line of Road.— Whiting's Station (N.J.S.R.R.), N. J. to Tuckerton, N. J.29 miles.
Branch : Tuckerton to Edgecove 2 "
Total length of line 31 miles.
Sidings, 1 mile. Gauge, 4 feet 8i inches. Rail, 50 Ibs.
Chartered March 22, 1866. Opened November 20, 1871.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 3; baggage, etc., 2;
freight, 23 — total, 28 cars.
Operations for year ending December 31, 1877. — Not reported. Gross earnings,
$27,623.25; operating expenses, $21.263,60 ; net earnings, $6,359.65.
246 RAILKOAD MANUAL OF THE UNITED STATES.
Financial Statement, January 1, 1878. — Capital stock, $207,923.58 ; funded debt,
1st mortgage 7 per cent, bonds, interest April and October, and principal April 1,
1901, $400,000 ; 3d mortgage bonds, due 1903, $8,000. Cost of road, etc. (less dis-
count and interest paid), $580,234.54.
A. R. PHARO, President Newark, N. J.
Secretary— Theophilus T. Price. . .Tuckerton, N. J. I Superintendent— J '. J. Pharo Tuckerton, N. J.
Treasurer— E.. Ashurst Philadelphia. | Purchasing Agent— J. C. Eidgeway, "
Gen. Ticket and Freight Agent— H. N. Gilson, Tuckerton, N. J.
PRINCIPAL OFFICE AND ADDRESS Tuckerton, N. J.
UNITED NEW JEESEY E. E. AND CANAL COMPANIES.
Lines of Road — •! Philadelphia, pa-> to New York Cit7 90.00 miles.
I Philadelphia, Pa., to Perth Amboy, N. J 65.20 "
Branches (see statement below) 22.76 "
Leased lines (see statement below) 206.99 "
Total length of lines owned, leased, and operated 384.95 miles.
2d, 3d, and 4th tracks, 182.22 miles. Sidings, 185.67 miles. Gauge, 4 feet 9 inches.
Rail, 56, 64, and 70 Ibs. Steel rails, 214.2 miles.
The Camden and Amboy Railroad and the Delaware and Raritan Canal Compa-
nies were chartered by the State of New Jersey, February 4, 1830. The railroad was
completed from Camden to Amboy in the spring of 1834, and a branch from Borden-
town to Trenton (6 miles) in 1838. From Trenton to New Brunswick (25 miles) the
railroad was opened January 1, 1839. The canal, which extends from Bordentown
to New Brunswick, was opened in 1838.
The New Jersey R. R. and Transportation Co. was chartered March 7, 1832, and
opened from Jersey City to East New Brunswick in 1836. The entire line was open
through to Philadelphia, in connection with the Camden and Amboy R. R., Jan. 1, 1839.
The Philadelphia and Trenton R. R. Co. was chartered by the Legislature of Penn-
sylvania, February 23, 1832, and opened in 1834. In 1837 the greater part of its stock
was purchased by the Camden and Amboy R. R. Co. The Belvidere Delaware R. R.
Co. was chartered March 2, 1835, and the road opened November 5, 1855. The
Fleiniugton R. R. was opened December 4, 1854, and has been operated in connection
with the Belvidere Delaware R. R. These companies, with the branches and leased
lines subsequently built and controlled by them, all under the title of the United New
Jersey R. R. and Canal Cos., were leased in May, 1871, to the Pennsylvania R. R. Co.
for 999 years, for a rental of 10 per cent, on the share capital, and the lessees took
possession December 1, 1871, and have-since operated them.
The branch lines are as follows : Harsimus Br., 1.78 miles; Bonhampton Br.,
1.89 miles; Millham Cut-off, 2.21 miles ; Mouniouth Junction Br., 5.54 miles; Prince-
ton Br., 3.00 miles ; Trenton Br., 6.20 miles, and Florence Br., 2.14 miles. The leased
lines are mentioned in the table below.
BAILROAD MANUAL OF THE UNITED STATES. 247
Statement of miles of railroad included in United New Jersey R. R. and Canal Cos. :
Miles of
R. R.
Second
Track.
Third
and 4th
Tracks.
Sidings.
Total
Track.
New York Division — "Main Line
9000
91.19
60.86
60.86
30291
Branches
5.54
1.78
5.01
1233
Perth Amboy and Woodbridge R. R. . .
Millstone and New Brunswick R. R. . .
6.30
6.61
0.96
0.77
7.26
738
Rocky Hill R. R
6.50
0.54
7.04
Princeton Branch R. R
3.00
0.74
3 74
Frankford and Holmesburg R. R .
4.16
079
4 95
Belvidere Division — Main Line
67.82
51.91
11973
Millham Cut-off
2.21
221
Mercer and Somerset R. R ?.
22.54
1.65
24.19
Flemington R. R
11.67
0.88
12.55
Amboy Division — Main Line.
65.20
26 32
49.89
141 41
Branches . .
15.01
2.07
0.91
17.99
Camden and Burlington Co. R. R
Pemberton and Higntstown R. R
Mt. Holly,Lumberton and Medford R.R.
22.45
25.40
6.18
4.56
2.27
0.77
27.01
27.67
6 95
Burlington and Mt. Holly R. R
7.15
1.30
8.45
Columbus, Kinkora, & Springfield R. R.
14.37
1.12
15.49
Vincenttown R. R
2.84
0.74
358
Total Miles of Track
384.95
121.36
60.86
185.67
752.84
The lengtli of the Delaware and Raritan Canal and Feeder is 66 miles.
Rolling Stock. — Locomotive engines, 269. Cars — passenger, 310 ; baggage, mail,
and express, 34 ; freight (box, 853 ; stock, 100 ; gondola, 662 ; coal, 611 ; marl, 447 ;
cabin, 89) — total freight, 2,762. Also, service cars, 363. Also, 10 ferry boats, 4 freight
steamers, 6 tugs, 1 barge, and 23 car floats. In addition to this list, each auxiliary
railroad has equipment of its own.
Operations for year ending December 31, 1877. — United R. R. Division : Trains
run— passenger, 2,989,835 ; freight, 2,424,325 ; other, 197,432— total, 5,611,642 miles-
Passengers carried (1st class, 4,786,713; emigrant, 42,300; commutation, 2,555,712),
7,384,725; carried one mile, 143,132,968. Freight moved (through, east, 802,949;
west, 420,706 ; way, east, 1,783,312; west, 370, 638), 3,962,523 tons (including 1,302,634
tons of coal); moved one mile, 256,134,099 tons. Carried over Jersey City Ferry,
8,714,434 passengers.
Earnings.
(Railroads, 373 miles.)
Expenditures.
From Passengers $3,694,393 56'
" Freight. . 4,017,251 96
" Express 215,706 68
" Mails 116,62944
Miscellaneous 30,145 94
$8,064,127 58
For Maintenance of Way $1,240,202 20
" Motive Power 1,422,579 96
" Maintenance of Cars 474,306 21
" Transportation 2,543,356 35
Miscellaneous 69,649 76
$5,750,094 48
Balance— net earnings (28.7 per cent,), $2,314,033.10.
The canal earnings were $896,569.65; expenses, $477,606.78 ; net earnings of D.
and R. canal, $418,962.87. Gross earnings, railroads and canal, $8,960,697.23 ; oper-
ating expenses, $6,227,701.26 ; net earnings, $2,732,995.97.
248 EAILEOAD MANUAL OF THE UNITED STATES.
Abstract of operations of the United Companies since the lease :
Railroads.
Canal.
Gross
Earnings.
Expenses.
Net
Earnings.
Gross
Earnings.
Expenses.
Net
Earnings.
1871
$5 700 218 53
«4 243 670 27
SI 456 548 26
$1 913 459 17
$701 029 96
$1 212 429 21
1872
8 266 226 80
6 005 166 78
2 261 060 02
l'524'605 24
1 016 037 49
508 567 75
1873
9,664 962 69
7 940 410 81
1 724 551 88
1 590 100 12
'883,321 46
706,778 66
1874
8 700 969 36
6 330 033 42
2 370 935 94
1 320 519 23
768,416 64
552 102 59
1875
8 643 924 47
5' 894* 741 68
2 74° 182 79
1 067 660 58
541 035 76
526 624 82
1876
10,941,581 31
6 226 810 39
4' 714' 770 92
882551 78
523,306 02
359,245 76
1877
8 064 127 58
5 750 094 48
2 314 033 10
896 569 65
477 606 78
418,962 87
The earnings, expenses, etc., for the year 1877, include those of the Belvidere
Delaware and Flemington Railroads.
Net Revenue account, United Companies, year 1877.
Net Eeceipts.
From Operations of Railroads $2,314,033 10
l< Del. and L. Canal 418,96287
" Interest from investments 221,525 39
Balance, net loss for year 1,482,518 04
Payments.
For Dividends $2,128,783 50
" Interest, etc 2,269,739 13
" " on Equipment, B. D. R. R. 38,51627
$4,437,039 40 $4,487,039 04
The average earnings from passengers were 2.225 cents per mile ; cost of trans-
porting, 1.670; profit, 0.555 ; from freight were 1.510 cents per ton per mile ; operat-
ing expenses, 1.159 cents ; leaving, as net profit, 0.351 cents per ton per mile.
The following statement shows the amount paid for dividends, interest, etc., by
the lessees to the different companies during the year 1877 :
Dividend United Railroads $1,434,300 00
" Delaware and Raritan Canal Company 584,740 00
" Philadelphia and Trenton Railroad Company 49,410 00
" and Interest Branch Railroads.., 138,78350
$2,207,233 50
Interest on Bonded Debt United Railroads 1,238,598 37
" " Mortgages
Organizations, Salaries, etc
Rentals, Leased Lines
Transit Duties and Taxes
Advances, etc., Belvidere Delaware R. R
Rents . . ,
Deduct Amount received from Investments United Railroads, New Jersey.
100,439 47
11,550 00
260,286 28
302,654 62
222,244 60
94,082 56
$4,437,039 40
221,525 39
$4,215,514 01
The following statement shows the details of freight movement for six years :
1877.
1876.
1875.
1874.
1873.
1872.
Through Freight, Eastward.
802,949
821,333
780,913
562,087
521,321
" Westward.
420,706
411,816
295,867
304,021
317,247
Local Freight, Eastward . . .
1,783,312
1,628,616
1,811,084
1,580,461
1,204,712
Westward . .
370,638
396,675
389,664
407,643
414,997
Total
3,962,523
3,377,605
3,258,440
3,277,528
2,854,212
2,458,277
RAILKOAD MANUAL OF THE UNITED STATES.
NUMBER or TONS MOVED ONE MILE.
249
)
1877.
1876.
1875.
1874.
1873.
1872.
Through Freight, Eastward.
70,609,070
72,215,496
68,710,240
50,130,550
46,280,584
" ?' Westward.
37,300,427
36,541,687
26,309,077
27,465,597
28,670,794
Local Freight, Eastward . . .
73,230,204
68,742,931
72,954,284
61,632,089
41,531,006
" " Westward..
9,495,977
10,199,502
10,211,342
10,783,138
11,328,790
Total
256,134,099
190,635,678
187,699,616
178,184,943
150,011,374
127,811,174
The statement for 1877 contains the tonnage, etc, of the Belvidere Delaware R. R.
Financial Statement, December 31, 1877.— Capital stock paid in, $20,190,400 ;
funded debt, $19,899,116 ; bonds and mortgages, $954,902.75— total stocks, bonds, and
debts, $41,044,418.75. Per coijtra : Cost of road and equipment, $34,834,303.81 ;
stocks, $4,659,309 ; bonds, $59,850 ; advances, $1,830,685.78— total, $41,384,148.59.
Decrease in funded debt during year, $183,194. Increase in capital stock, $300,000.
Statement of funded debt in detail, December 31, 1877 :
Character of Bonds.
Date.
Rate
p. c.
Interest Pay-
able.
Principal,
When Due.
Amount.
Amount
in
Currency.
Joint Company's Mortgage..
1834 & 1837.
6 (gold).
6 ..
Feb. & Aug.
Feb. & Aug.
June & Dec.
May & Nov.
Feb. & Aug.
Mar. & Sept.
44 44
April & Oct.
Mar. & Sept.
April & Oct.
1880.
Feb. 1, 1883.
Jan. 1, 1889.
Nov. 1, 1889.
Aug. 1, 1878.
Feb. 1, 1888.
Mar. 1, 1894.
44 44
Oct. 1, 1894.
Mar. 1, 1901.
Overdue.
£102,750
1,700,000
866,000
5,000,000
450,000
154,000
£369,000
£360,000
$2,000,000
5,300,000
100,000
$314,116
1,700,000
866,000
5,000,000
450,000
154,000
1,846,000
1,800,000
2,000,000
5,669,000
100,000
i
6
Mortgage..
N. J. R. R andT. Co
Nov. 1, 1862.
6
6
United Company's Mortgage.
( (i
< it
United N. J. R. R. and C. Co
N. J. R. R. and T. Co
Apr. 20, 1871.
44 44
44 44
44 44
Apr. 20, 1870.
6
6 (gold).
6
6
6
7 ..
Total Funded Debt...
S19,899,116
JOHN G. STEVENS, President Trenton, N. J.
A. L. Dennis, Vice-President Newark, "
Gen. Supt.—F. W. Jackson Jersey City. I Supt. Belvid. Div.—S. A. Anderson. Lambertsville.
Ifft.
PRINCIPAL OFFICE AND ADDBESS Trenton, N. J.
Transfer Office 57 Broadway, New York City.
BELYIDEEE DELAWAKE AND FLEMINGTON BAILKOAD.
Line of Road.— Trenton, N. J., to Manunka Chunk, N. J 67.82 miles.
Branches • \ Lam»ertville, N. J., to Flemington, N. J 11.67
( Somerset Junction, N. J., to Pennington, N. J 4.70—15.37 "
Length of line operated 83.19 miles.
Sidings and other tracks, 15 miles. Gauge, 4 feet 9| inches. Rail 56 and 62 Ibs.
250
RAILROAD MANUAL OF THE UNITED STATES.
Belvidere Delaware R. R., chartered March 2, 1835 ; opened November 5, 1855.
Flemington R. R., chartered February 22, 1849 ; opened December 2, 1854. Operated
by the Pennsylvania R. R. Co. as Belvidere Division of the United Railroads of New
Jersey. They were leased to the Pennsylvania R. R. Co. March 7, 1876.
Rolling' Stock. — Included in lessees' returns.
Operations for year ending December 31, 1877. — Included in lessees' returns.
Gross earnings, $708,801.78 ; operating expenses, $586,170.26 ; net earnings, $122,-
631.52. Payments by lessees : Interest on equipment, $38,516.27 ; rental, $54,115.25;
advances (being excess of payments over receipts), $183,728.33.
Financial Statement, December 31, 1877.
Railroad (Bel. Del.) $3,114,513 31
Equipment ( " ) 1,130,78762
Railroad and Equipment (Flem.) 290,653 87
Balance 474,447 47
Capital Stock (Bel. Del.) $994,200 00
CapitalStock (Flem.) 150,00000
Funded Debt (Bel. Del.) 3,444,500 00
Bills Payable ( " " ) 171,702 27
FundedDebt (Flem.) 250,000 00
$5,010,402 27
Statement in detail of funded debt of Belvidere Delaware Railroad :
$5,010,402 27
Nature of Security.
Date of
Bonds.
Inter-
est.
When Payable.
Principal,
Payable.
Author-
ized.
Issued.
Out-
standing.
June, 1852.
6
June and Dec.
June, 1877
$1,000000
$1 000000
$1 000 000
2d "
Mar., 1854.
6
Mar. and Sept.
1885.
500000
500,000
499 500
3d "
Feb., 1857.
6
Feb. and Aug.
1887.
750,000
745,000
745000
Consolidated Mort.
Jan., 1876.
7
Jan. and July.
1916.
1,500,000
1,200,000
1,200,000
A. WELCH, President Trenton, N. J.
Treas. and Sec.— Hugh B. Ely Trenton, N. J.
Div. Supt. — J. A. Anderson. . . .Lambertville, "
Master Mach.—R. McDowell . . .Lambertville, N. J.
Freight Agent— Walter Freeman. Philadelphia. Pa.
PRINCIPAL OFFICE AND ADDRESS Clinton Street, Trenton, N. J.
CAMDEX AKD BUKLISTGTON COUNTY KAILKOAD.
Line of Road. — Camden, N. J., to Pemberton, N. J 22.45 miles.
Branch line : Mount Holly, N. J., to Burlington, N. J 7.15 "
Total length of main and branch tracks owned by company 29.60 miles.
Sidings, etc., 5.86 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
Leased to United Companies of New Jersey, and operated by PennsylvaniaR, R. Co.
Rolling" Stock. — Furnished by lessees.
Operations for year ending December 31, 1877. — Included in lessees' returns.
Gross earnings, $151,558.90 ; operating expenses, $90,520.70. Net earnings, $61,038.70.
Received from Pennsylvania Railroad Company, according to term of lease, $44,915.50.
Dividends on stock, 6 per cent., $22,915.50. Interest on bonds, $21,000.
General Balances, January 1, 1878. — Capital stock, $381,925 ; funded debt,
$350,000— total stock and bonds, $731,925. Per contra : Cost of road, etc., $715,362.50.
CHARLES BISPHAM, President Mount Holly, N. J.
PRINCIPAL OFFICE AND ADDRESS Mount Holly, N. J.
EAILROAD MANUAL OP THE UNITED STATES. 251
COLUMBUS, KINKOEA AND SPKINGFIELD EAILEOAD.
Line of Road. — Kinkora, N. J., to New Lisbon, N. J 14.37 miles.
Sidings, etc., 1.12 mile. Gauge, 4 feet 9 inches. Rail, 56 Ibs.
Opened 1872. Leased to Pennsylvania R. R. Co. for 30 percent, of gross earnings.
Rolling Stock. — Furnished by lessees.
Operations for year ending December 31, 1877. — Included in lessees' returns.
Gross earnings, $12,677.16 ; operating expenses, $12,309.16. Net earnings, $368.
Payments by lessees, $3,803.13.
Financial Statement, January 1, 1877.— Not given.
Directors and Officers.— Same as United R. Rs. of New Jersey.
PRINCIPAL OFFICE AND ADDRESS Philadelphia, Pa.
MEKCEE AND SOMEESET EAILWAT.
Line of Road. — Somerset Junction, to Millstone, N. J 22.54 miles.
Sidings, 1.65 mile. Gauge, 4 feet 9£ inches. Rail, 50 Ibs.
Leased by United Cos. of New Jersey, and operated by Pennsylvania R. R. Co.
Rolling1 Stock. — Furnished by lessees. i
Operations for year ending December 31, 1877. — Gross receipts, $9,569.29 ; oper-
ating expenses, $31,171.33. Deficit, $21,602.04; paid by lessees, $1,631.
Financial Statement, December 31, 1877. — Capital stock paid in, $273,310 ;
funded debt, $500,000 ; due other companies, $6,000 — total stock, bonds, and debt,
$779,310. Per contra : Cost of road and appurtenances, $760,807.04.
ASHBEL WELCH, President Trenton, N. J.
Secretary and Treasurer — Hugh B. Ely Trenton, N. J.
PRINCIPAL OFFICE AND ADDRESS Clinton Street, Trenton, N. J.
MILLSTONE AND NEW BEUNSWICK EAILEOAD.
Line of Road. — New Brunswick, N. J., to East Millstone, N. J 6.61 miles.
Sidings, 0.77 mile. Gauge, 4 feet 9 inches. Rail, 56 Ibs.
Chartered, 1836. Opened December 31, 1854.
Leased by United Co. of N. J., and operated by Pennsylvania R. R. Co.
Operations for year ending December 31, 1877. — Included in lessees' returns.
Gross earnings, $8,383.73 ; operating expenses, $17,079.20. Deficit, $8,695.47. Divi-
dends paid by lessees, $2,865.
Financial Statement, January 1, 1878. — Capital stock, $95,750 ; and floating
debt, $17,654.42— total stock and debt, $113,404.42.
A. L. DENNIS, President Newark, N. J.
252 RAILROAD MANUAL OF THE UNITED STATES.
MOUNT HOLLY, LUMBEETON & MEDFOED EAILEOAD.
Line of Koad.— Moant Holly, N. J., to Medford, N. J 6.18 miles.
Sidings, etc., 0.77 mile. Gauge, 4 feet 9 inches. Rail, 56 Ibs.
Leased and operated by Camden and Amboy (Pennsylvania) R. R. Company.
Rolling Stock. — Furnished by lessees.
Operations. — Included in lessees' returns. Gross earnings, $7,748.42 ; operating
expenses, $8,969.97. Deficit, $1.221.58. Lease rent, 6 per cent, on capital stock
($5,739), and 7 per cent, on bonded debt ($5,250).
Financial Statement, January 1, 1878.— Capital stock, $100,000 ; paid in, $95,650 ;
and funded debt, 1st mortgage 7 per cent, bonds, due 1899, $75,000; total stock and
bonds, $170,650, which, amount represents cost of road, etc.
BARCLAY HAINES, President Hainesport, N. J.
Treasurer and Secretary Isaac W. Stckes.
PRINCIPAL OFFICE AND ADDRESS Medford, N. J.
PEMBEETON AND HIGHTSTOWN EAILEOAD.
Line of Road. — Pemberton, N. J., to Hightstown, N. J 25.40 miles.
Sidings, 2.27 miles. Gauge, 4 feet 9 inches. Rail, 56 Ibs.
Leased to United Cos. of New Jersey, and operated by Pennsylvania R. R. Co. ,
at an annual rental of 6 per cent, on capital stock and 7 per cent, on the company's
bonds.
Rolling Stock. — Owned by the United Companies of New Jersey.
Operations for year ending December 31, 1877. — Included in lessees' returns.
Gross earnings, $22,788.59 ; operating expenses, $33,816.86. Deficit, $11.028.27.
Interest paid, $11,200; and dividends, $20,529.
Financial Statement, January 1, 1878.— Capital stock paid in, $342,150 ; funded
debt, 1st mortgage 7 per cent, bonds, endorsed and guaranteed by United Companies,
$160,000 ; and floating debt due on construction account, $36,541.85 — total stock, bonds,
and debt (representing cost of road and appurtenances), $538.691.85.
NATHANIEL S. RUE, President Hightstown, N. J.
PRINCIPAL OFFICE AND ADDRESS Hightstown, N. J.
PEETH AMBOY AND WOODBEIDGE EAILEOAD.
Line of Road.— Perth Amboy, N. J., to Woodbridge, N. J 6.30 miles.
Sidings, etc., 0.96 mile. Gauge, 4 feet 9 inches. Rail, 56 Ibs.
Leased to Pennsylvania R. R. Co. as part of the United Cos. of New Jersey.
Rolling Stock. — Furnished by lessees.
RAILEOAD MANUAL OF THE UNITED STATES. 253
Operations for year ending December 31, 1877. — Included in lessees' report.
Gross earnings, $13,848.58 ; operating expenses, $23,504.54. Deficit, $9,655.96. Paid
by lessees : Dividend, $1,632: interest, $6,000.
Financial Statement. — Capital stock paid in, $57,200 ; 1 st mortgage 6 per cent,
bonds, $100,000 ; and floating debt, $57,381.57— total stock, bonds, and debt (repre-
senting cost of road, etc.), $214,581.57.
A. L. DENNIS, President Newark, N. J.
EOCKY HILL KAILKOAD.
Line of Road. — Rocky Hill Junction, N. J., to Rocky Hill, N. J 6.50 miles.
Sidings, 0.54 mile. Gauge, 4 feet 9 inches. Rail, 56 Ibs.
Leased and operated by Camden and Amboy Railroad Company.
Rolling Stock. — Furnished by lessees.
Operations. — Included in lessees' report. Gross earnings, $3,437.88; operating
expenses, $14,036.97. Deficit, $10,599.09. Dividend paid, $1,122.
Financial Statement, January 1, 1878.— Capital stock, $45,995. Per contra:
Cost of road, $45,005.74. Lease rent, 6 per cent, on stock.
DAVID H. MOUNT, President Rocky Hill, N. J.
PRINCIPAL OFFICE AND ADDRESS Rocky Hill, N. J.
VINCENTTOWN BKANCH KAILKOAD.
Line of Road. — Mount Holly, N. J., to Vincenttown, N. J 2.84 miles.
Sidings, etc., 0.74 mile. Gauge, 4 feet 9 inches. Rail, 56 Ibs.
Leased June 1, 1868, and operated by the Camden and Amboy Railroad Company.
Operations for year ending December 31, 1876. — Included in returns of lessees.
Gross earnings, $2,483.45; operating expenses, $4,269.80. Deficit, $1,786.35. Divi-
dends, 2, each of 3 per cent., $900.
Financial Statement, December 31, 1877.— Capital stock, $25,000; and funded
debt, 1st mortgage 6 per cent, bonds, $15,000. Per contra: Cost of road, etc.,
$43,256.61.
JOHN S. IRICK, President Mount Holly, N. J.
PRINCIPAL OFFICE AND ADDRESS Mount Holly, N. J.
WEST JEKSEY KAILKOAD.
Line of Road.— Camden, N. J., to Cape May, N. J 81.47 miles.
Branch : Glassboro' to Bridgeton, N. J 19.60 "
Leased lines, named below 27.38 "
Total length of line owned, leased, and operated 128.45 miles.
Sidings, etc., 17.58 miles. Gauge, 4 feet 9 in. Rail, 60 Ibs. Steel rails, 17.25 miles.
254
RAILROAD MANUAL OF THE UNITED STATES.
Chartered February 5, 1853, and road opened to Woodbury April 15, 1857, and
to Bridgeton in 1862. The line from Glassboro' to Millville was built under a separ-
ate charter, and opened in April, 1860. The leased lines consist of the Salem R. R.,
16.58 miles, from Elmer to Salem, leased in 1868; and the Swedesboro' R. R., from
Woodbury to Swedesboro', 10.8 miles, leased in 1869.
Rolling Stock. — Locomotive engines, 20. Cars — passenger, 52 ; baggage, mail,
and express, 11 ; and freight (box, 30 ; platform, 60 ; stock, 2 ; coal and other, 130),
222 — total revenue cars, 278. Also, 46 service cars.
Operations for year ending December 31, 1877. — Trains run — passenger, 324,424 ;
freight, 108,321 ; and other, 9,524— total, 442,269 miles. Passengers carried, 609,143 ;
carried one mile, 14,523,873. Freight moved, 126,898 ; moved one mile, 3,796,067 tons.
Earnings.
All Lines.
Expenditures.
From Passengers ...$358,010 35
" Freight and Marl 176,159 81
" Mail and Express 54,76556
Miscellaneous 6,09932
For Maintenance of Way $138,750 02
" Boiling Stock 112,47134
" Transportation 135,71123
Miscellaneous 4,497 52
$391,430 11
$595,025 04
Balance— net earnings, $203,594.93 ; add interest from investments, $35,117.34;
total available, $238,712.27. Payments from net earnings — Lease rents : Salem R. R.,
$13,133 ; Swedesboro' R. R., $19,901 ; interest on bonds, $189,000 ; dividend on C. M.
and M. R. R. stock, $5,820 ; organization fund, $500— total payments, $228,354. Sur-
plus for year, $10,358.27.
The operations of all lines are here included. The Cape May and Millville R. R.
is treated as a part of the West Jersey R. R. The earnings of the Swedesboro' R. R.
were $16,766.33 ; operating expenses, $14,336.96 ; net, $2,429.37. Earnings of Salem
R. R., $25,053.06 ; operating expenses, $25,847.34; loss, $794,28.
The profit and loss account shows the following results : Balance on hand from
1876, $121,303.22 ; net surplus for 1877, $10,358.27— total, $131,661.49, out of which
were declared two dividends of 3 per cent, each ; sundry payments, $9,333.56; leaving
$39,742.93 to be carried to new account.
Abstract of operations for ten years :
Fiscal
Years.
Train
Mileage.
Passengers.
Mileage.
Freight,
Tons.
Mileage.
Gross
Earnings.
Net Earn-
ings.
Dividends.
-t>
0
>H
O
P-l
1868
480,902
12,497,276
93,230
2,626,929
$265,643 29
$247,128 57
$96,733 60
8
1869.
1870.
1871.
1872.
1873.
1874.
1875
270,304
307,150
300,658
330,555
365,613
384,835
400 153
545,971
566,166
567,661
642,728
710,435
691,208
656 212
17,620,193
16,363,324
15,581,674
17,548,337
19,107,460
17,537,005
16,290,518
134,648
134,741
112,346
128,443
130,115
113,442
144,233
3,907,822
3,639,915
3,430,468
3,921,370
4,053,772
3,643,544
4 372 805
652,184 23
633,616 58
625,809 96
664,777 14
680,856 23
623,391 46
659 797 61
267,331 83
255,428 64
271,962 86
291,663 92
275,726 80
185,700 07
293,287 88
128,047 28
120,900 00
108,801 00
96,760 00
109,811 29
54,390 00
10
10
9
8
8
4
1876.
1877.
439,042
442,269
767,296
609,143
19,411,379
14,523,873
132,397
126,898
4,083,789
3,796,067
731,011 43
595,025 04
267,636 48
203,594 93
40,792 50
81,585 00
3
6
General Balance, December 31, 1876.
Construction Account $2,246,159 26
Stocks and Bonds 1,139,448 60
Sundry Accounts 209,738 84
Sinking Fund 155,346 81
Cash, Loans, and Assets 116,745 90
$3,867,439 41
Capital Stock
FundedDebt
Agents and Foreign Cos.
Dividends and Coupons.
Profit and Loss . . .
.$1,359,750 00
. 2,400,000 00
62,776 48
5,170 00
39,742 93
$3,867,439 41
RAILROAD MANUAL OF THE UNITED STATES.
Abstract of general account for ten years :
255
Close of
Years.
Miles
of
R. R.
En-
gines.
Stock.
Bonds.
Debt and
Balances.
Total.
R. R. and
Equipment.
Invest-
ments, etc.
1868
81.47
17
$1,209,170
$1.221,500
$2,430,670 00
$1,840,304 09
$579,474 22
1869
81.47
17
1,209,000
1,716,500
$244,176 38
3,169,676 38
2,007,467 09
1,214,842 57
1870
81.47
18
1.209,000
2,379,000
20,000 00
3,608,000 00
2,204,464 65
1.336,073 47
1871
81.47
18
1,208,900
2,398,000
46,105 00
3,652,105 00
2,241,892 00
1,270,669 44
1872
81.47
18
1,359,700
2,398,000
65,364 40
3,823,064 40
2,255,355 57
1,486,465 62
1873
81.47
18
1,359,750
2,400,000
59,125 00
4,090,145 51
2,366,885 11
1,097,910 00
1874
81.47
19
1,359,750
2,400,000
72,000 00
3,831,750 00
2,389,469 52
1,128,400 00
1875
81.47
19
1,359,750
2,400,000
86,448 94
3,846,198 98
2,414,672 48
1,135,623 60
1876
81.47
20
1,359,750
2,400,000
180 228 43
3,939,978 43
2,436,534 93
1,503,443 50
1877
81.47
20
1,359,750
2,400,000
107,684 41
3,867,439 41
2,246,159 26
1,621,280 15
Statement of funded debt^in detail, January 1, 1878 :
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal
Payable.
Amount
Out-
standing.
Debenture guaranteed by Camden and
Amboy Company
Mar. 1, 1861.
6
Mar. & Sept.
Mar. 1, 1883.
$400,000
1st. Mortgage (W. Jer. R. R.), guaranteed
by C. and A. Company
Jan. 1, 1866.
6
Jan. & July.
Jan. 1, 1896.
1,000,000
Consolidated Mortgage
April 1, 1869.
7
April & Oct.
Apr. 1, 1899.
1,000,000
The cost of the Millville and Glassboro' portion of the line was $405,020, and of
Cape May and Millville R. R., $803,973.60. The cost of the leased lines is given
elsewhere.
Directors (elected February 12, 1878). — Thomas Jones Yorke, Camden, N. J.;
Charles E. Elmer, Bridgeton, N. J.; Coleman F. Learning, Cape May C. H., N. J.;
Lewis Mulford, Millville, N. J. ; John M. Moore, Clayton, N. J. ; N. P. Shortridge,
Josiah Bacon, Strickland Kneass, George B. Roberts, George Wood, and J. N. Du Barry,
Philadelphia, Pa. ; Thomas H. Dudley and A. G. Cattell, Camden, N. J.
GEOKGE B. ROBERTS, President Philadelphia, Pa.
A. J. Cassatt, Vice-President
Secretary and Treasurer William Taylor.
General Superintendent William J. Sewell.
Assistant Superintendent^ J. S. Hackett.
Engr. Maintenance of Way W. N. Bannard.
General Manager Frank Thompson.
Master of Machinery William McAllister.
Master Car Builder C. C. Williams.
General Ticket Agent L. P. Farmer.
PRINCIPAL OFFICE AND ADDRESS Federal Street, Camden, N. J.
Transfer Office 233 South 4th, Street, Philadelphia, Pa.
SALEM KAILKOAD.
Line of Road.— Elmer, N. J., to Salem, N. J 16.58 miles.
Chartered March 14, 1856. Leased June 1, 1868, to West Jersey R. R. Co.
Rolling Stock. — Furnished by lessees.
256 RAILROAD MANUAL OF THE UNITED STATES.
Operations for year ending December 31, 1877. — Included in lessees' returns.
Gross earnings, $25,053,06 ; operating expenses, $25,847.34 ; deficit, $794.28. Pay-
ments by lessees (Lease rent, $13,133) : Dividends, $6,633; interest on bonds, $6,000;
organization fund, $500.
Financial Statement, December 31, 1877.— Capital stock, $180,550; funded debt,
1st mortgage 6 per cent, bonds, $100,000. Expended by West Jersey R. R., $1,450.-
58. Cost of road and equipment, $278,327.80.
WILLIAM F. REEVE, President Salem, N. J.
Treasurer— D. W. C. Clement Salem, N. J. | Superintendent— -W '. J. Sewell Camden, N. J.
PRINCIPAL OFFICE AND ADDRESS Salem, N. J.
SWEDESBORO' RAILROAD.
Line of Road. — Woodbury, N. J., to Swedesboro', N. J 10.80 miles.
Opened October 2, 1869. Leased to West Jersey R. R. Co.
Rolling' Stock. — Furnished by lessees.
Operations for year ending December 31, 1877. — Included in lessees' returns.
Gross earnings, $16,766.33 ; operating expenses, $14,336.96 ; net earnings, $2,429.37.
Payments by lessees for year 1877 were $19,901 ; being interest, $14,000; dividend,
$5,601 ; organization fund, $300. Loss to lessees, $17,471.63.
Financial Statement, December 31, 1877.— Capital stock, $93,350 ; funded debt,
$200,000— total, $293,350. Cost of road at time of lease, $271,431.24.
J. S. THOMPSON, President Swedesboro', N. J.
PRINCIPAL OFFICE AND ADDRESS Swedesboro', N. J.
WILLIAMSTOWN RAILROAD.
Line of Road. — Atco, N. J., to Williamstown, N. J 9.5 miles.
Rolling" Stock. — Locomotive engine, 1. Cars, 10.
Gross earnings for year 1877, $9,778.39 ; operating expenses, $10,543.70. Balance
—deficit, $765.31.
Financial Statement, December 31, 1877.— Capital stock, $30,000 ; funded debt,
$250,000. Cost of road and equipment, $146,442.
J. F. BODINE, President and Superintendent. . .Williamstown, N. J.
PRINCIPAL OFFICE AND ADDRESS Williamstown, N. J.
RAILROAD MANUAL OF THE UNITED STATES.
257
OF
Area, 46,000 square miles. Population, 3,962,014. Assessed valuation, $1,865,871,985.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Track.
Length of Lines.
Total.
Penna.
Ft. In.
1. Allegheny, Kennerdell and Clintonville 4:9
2. Allegheny Valley 4:9
3. Alleutown (Philadelphia and Reading) 4 : 8*
4. Atlantic and Great Western [Ohio. 6 :
5. Bachman Valley 4 : 8*
! 6. Bald Eagle Valley (Pennsylvania) 4:8
7. Barclay (Erie) 4:8*
8. Bedford and Bridgeport (Pennsylvania) 4:9
' 9. Bellefonte and Snow Shoe 4:8*
10. Bell's Gap 3 :
11. Berks and Lehigh (Philadelphia and Reading). 4 : 8*
12. Buffalo, Bradford and Pittsburg (Erie) 6 :
13. Buffalo, Corry and Pittsburg [New York. 4:8*
14. Buffalo, New York & Philadelphia. . [New York. 4 : 8*
15. Buffalo Valley 4:8*
16. Catasauqua and Fogelsville 4 : 8Mz
17. Catawissa (Philadelphia and Reading) 4 : $%
18. Chartiers (Pennsylvania Co.) 4:9*
19. Chester Creek (Phila. and Baltimore Central). 4 : 8*
20. Chester and Delaware River (Phila. & Reading) 4 : 8x
21. Chester Valley (Philadelphia and Reading). . . 4 : 8#
22. Chestnut Hill (Philadelphia and Reading) 4 : 8#
23. Cleveland and Pittsburg (Pennsylvania Co.). . 4 : 10
24. Colebrookdale (Philadelphia and Reading) 4 : 8#
25. Columbia and Port Deposit (Pennsylvania) 4:9
26. Connecting (Philadelphia and Trenton) 4:9
27. Corning, Cowanesque and Antrim • 4 : 8#
28. Cornwall 4 : 8^
29. Cumberland Valley 4:9
30. Danville, Hazelton and Wilkesbarre (Penna.). . 4:8*
31. Delaware and Hudson 4:3
32. Delaware, Lackawanna and Western 4 : 8J-6
33. Delaware Western [Del. 4 : 8*
34. Dillsburg and Mechanicsburg (C. V.) 4:9
35. Dunkirk, Allegheny Valley and Pittsburg [N. Y. 4 : 9&
17
M.
2.50
259.50
4.50
422.83
13.00
56.80
16.33
49.50
21.20
8.40
41.20
25.97
43.20
120.55
8.12
25.50
92.60
22.80
7.25
14.00
21.50
4.13
199.77
12.80
39.40
6.74
64.00
12.22
82.20
43.44
156.82
195.80
19.92
8.00
90.60
Jf.
2.50
259.50
4.50
126.04
9.00
56.80
16.33
49.50
21.20
8.40
41.20
18.17
6.20
41.80
8.12
25.50
92.60
22.80
7.25
14.00
21.50
4.13
15.00
12.80
26.60
6.74
48.36
12.22
68.30
43.44
154.30
195.80
2.39
8.00
50.30
258
RAILROAD MANUAL OF THE UNITED STATES.
STATE OF PENNSYLVANIA— Continued.
CORPORATE TITLES.
Gauge of
Track.
Length of Lines.
Total.
Penna.
36. East Berlin Branch
Ft. In.
4:8^
4:9
3:
4:8^
4:8X
4:9
4:9
4:9
3:
6:
4:9#
4:8^
3 :
4:9
3:
4:8#
4:9
4:8^
4:9 "
4:8*
4:8^
4:9#
4:8#
4:8#
3:
4:9^
4:9#
3:
4:8>$
4:8X
4:8^
4:9
3:
4:8X
4:8X
4:8#
4:9
4:8^
4:9
4:8#
4:8#
5:
4:9
3:
4: 8#
5:
4:8K
4:8^
4:8^
M.
7.00'
28.00
30.00
10.70
36.00
11.30
1.00
75.45
29 75
525.69
81.00
12.67
12.00
4.16
3.50
30.00
18.70
54.00
23.00
59.25
11.00
52.60
60.49
3.68
15.00
1024.71
22.04
2.61
15.00
152.35
291.26
43.57
10.20
3.00
28.10
9.20
20.00
22.15
12.50
3.80
53.70
0.12
10.50
28.00
2.50
0.30
9.60
7.50
16.50
M.
7.00
28.00
30.00
10.70
36.00
11.30
1.00
69.90
29.75
42.15
81.00
12.67
12.00
4.16
3.50
30.00
18.70
54.00
23.00
59.25
11.00
52.60
60.49
3.68
15.00
49.35
9.36
2.61
15.00
152.35
231.26
43.57
10.20
3.00
28.10
9.20
20.00
22.15
12.50
3.80
53.70
0.12
10.50
28.00
2.50
0.30
9.60
7.50
16.50
37. East Brandywiue and \Vaynesburg (Penna.). . .
38. East Broad Top
39. East Mahanoy (Philadelphia and Reading). . . .
40. East Pennsylvania (Philadelphia and Reading).
41. Ebensburg and Cresson (Pennsylvania)
42. Edgewood
43. Elmira and Williamsport (Northern Central). ,
44. Emlenton, Shippenville and Clarion
45. Erie [New York.
46. Erie and Pittsburg (Pennsylvania Co.)
47. Fayette County (Pittsburg and Connellsville). .
48. Foxburg, St. Petersburg and Clarion
49. Frankford and Holmesburg (Phil, and Trenton).
50. Green Lick Narrow-Gauge
51. Hanover Junction, Hanover and Gettysburg. . .
52. Hanover and York (Pennsylvania)
53. Harrisburg and Lancaster (Pennsylvania)
54. Harrisburg and Potomac
55. Huntingdon and Broad Top Mountain
56. Ironton
57. Jamestown and Franklin (L. S. & M. S.) [Ohio.
58. Jefferson (Erie) [New York.
59. Junction (Philadelphia)
60. Karns City and Butler
61. Lake Shore and Michigan Southern [Ohio.
62. Lawrence (Pennsylvania Co.) [Ohio
63. Lawrenceville and Evergreen. .
64. Lehigh and Lackawanna (Central of N. J.). . . .
65. Lehigh and Susquehanna (Central of N. J.). . . .
66. Lehigh Valley
67. Lewisburg, Centre and Spruce Creek (Pa.)
68. Ligonier Valley
69. Little Saw-mill Run
70. Little Schuylkill (Philadelphia and Reading). .
71. Littlestown (Pennsylvania)
72. Lykens Valley (Summit Branch)
73. McKeari and Buffalo
74. Mifflin and Centre County (Pennsylvania)
75. Mill Creek and Mine Hill (Phil, and Reading).
76. Mine Hill and Schuylkill Haven (Phil. &Read.)
77. Monongahela Inclined Plane
78. Mont Alto
79. Montrose
80. Mount Carbon and Port Carbon (Phil. & Read.)
81. Mount Oliver Inclined Plane
82. Mount Pleasant & Broadford (Pittsburg & Con.)
83. Muncy Creek
84. Nesquehoning Valley (Lehigh & Susquehanna).
RAILROAD MANUAL OF THE UNITED STATES.
259
STATE OF PENNSYLVANIA— Continued.
CORPORATE TITLES.
Gauge of
Track.
Length of Lines.
Total.
Penna.
Ft. In.
3:6
4:10
4:9
4:8*
4:8*
4:9
4:8^
4:9
3:
3:
3:
4:9
4:3
6:
4:9
4:8*
4:8*
4:8*
4:8*
4:9
4:8*
4:8*
4:8*
4:9
4:9
4:8*
3:
3:
4:9
4:8K
4:9*
4:9
4:9
4:8^
4:8*
4:8*
4:9
4:9^
4 :9^
4:9*
4:8*
4:9
4:9
4:9
4:8*
4:8*
4:8*
4:9
4:9
M.
3.75
14.97
36.25
2.90
9.80
150.66
88.20
10.00
23.00
10.50
55.00
479.55
47.00
15.87
38.52
128.13
6.07
38.60
46.00
287.67
33.70
21.00
327.00
26.60
111.95
11.30
9.12
12.30
200.40
151.50
468.39
123.00
54.00
56.40
4.41
11.00
27.30
15.30
7.00
45.50
9.10
23.00
• 17.78
41.90
8.50
24.00
10.33
0.50
43.33
M.
3.75
14.97
36.25
2.90
9.80
102.15
88.20
10.00
12.50
10.50
55.00
479.55
47.00
15.87
20.52
128.13
6.07
38.60
36.75
287.67
33.70
21.00
327.00
26.60
21.88
11.30
9.12
12.30
35.10
148.80
48.78
123.00
54.00
56.40
4.41
11.00
27.30
15.30
7.00
45.50
9.10
23.00
17.78
41.90
8.50
24.00
10.33
0.50
43.33
86 Newcastle and Beaver Valley (Penn Co.) ....
87. Newcastle and Franklin
88 Newiy (Pennsylvania)
89. North -East Pennsylvania (North. Penn.)
90 Northern Central
91. North Pennsylvania ,
92 Oil Citv and Ridgway ^
93. Olean, Bradford and Warren. .^ .[New York.
94. Parker and Karns City
95. Peach Bottom
96. Pennsylvania
97. Pennsylvania Coal
98. Lackawaxen Branch (Erie)
99. Pennsylvania and Delaware (Pennsylvania). ..
100. Pennsylvania and New York Canal (L. V.). . .
101. Peoples' (Pottsville)
102. Perkiomen (Philadelphia and Reading)
103. Philadelphia a,nd Baltimore Central
104. Philadelphia and Erie
105. Philadelphia, Germant'n & Morrist'n (P. & R.)
106. Philadelphia, Newtown and New York
107. Philadelphia and Reading
108. Philadelphia and Trenton (Pennsylvania). . . .
109. Philadelphia, Wilmington and Baltimore. . . .
110. Pickering Valley (Philadelphia and Reading).
111. Pittsburg and Castle Shannon
112. Pittsburg, Castle Shannon and Washington. .
113. Pittsburg, Cincinnati and St. Louis. . . .[Ohio.
114. Pittsburg and Connellsville (B. & O.) [M'd
llo. Pittsburg, Fort Wayne & Chicago (Penn. Co.]
116. Pittsburg, Titusville and Buffalo
117. Pittsburg, Virginia and Charleston
118. Reading and Columbia (Phila. and Reading). .
119. Salisbury
120. Schuylkill Valley (Philadelphia and Reading).
121. Shamokin Valley and Pottsville (N. C.)
122. Sharon (Atlantic and Great Western)
123. Sharpsville
124. Shenango and Allegheny
125. Somerset and Mineral Point.
126. Southern Pennsylvania (Cumberland Valley).
127. South Mountain (Cumberland Vallev)
128. South-West Pennsylvania (Pennsylvania) ....
129. Spring Brook
130. State Line and Sullivan
131. Stony Creek (North Pennsylvania)
132. Summit Branch
133. Suubury and Lewistown (Pennsylvania)
260
EAILROAD MANUAL OF THE UNITED STATES.
STATE OF PENNSYLVANIA— Continued.
CORPORATE TITLES.
Gauge of
Track.
Length of Lines.
Total.
Penna.
134. Tioga
Ft. In.
4:8X
4:8^
4:9
4:8*
3 :
4:8^
4:8X
4:9#
4:9
4:8^
4:8^
M.
50.60
7.20
64.18
4.50
27.30
9.00
26.30
1.50
84.60
32.00
70.60
M.
50.60
7.20
64.18
4.50
27.30
9.00
26.30
1.50
84.60
18.00
59.00
185. Tresckow (Lehigh and Susquehanna)
136. Tyrone and Clearfield (Pennsylvania)
137. Uniontown and West Virginia
138. Waynesburg and Washington
139. Westcliester (Westchester and Philadelphia).
140. Westchester and Philadelphia
141 . Westermann
142. Western Pennsylvania (Pennsylvania). . . .??.
143. Wheeling, Pittsburg and Baltimore (B. & O.).
144. Wilmington and Northern
Total Length
8,964.07
5,925.60
ALLEGHENY, KENNEEDELL AND CLLNTONYILLE E. K.
(In Progress.)
Line of Road. — Scrubgrass (A. V. R. R.), Pa., to Clintonville, Pa 15.0 miles.
In operation, Scrubgrass to Kennerdell, Pa 2.5 "
Gauge, 4 feet 8-J inches. Rail, 56 Ibs.
This road was opened to its present terminus in 1877. No report of operations
or financial condition is furnished.
RICHARD KENNERDELL, President Kennerdell, Pa.
Superintendent— O . M. Hartzell Scrubgrass, Pa.
PRINCIPAL OFFICE AND ADDRESS Scrubgrass, Pa.
ALLEGHENY VALLEY EAILEOAD.
Line of Road.— Pittsburg, Pa., to Oil City, Pa 132.0 miles.
Branches, named below . .127.5 "
Total length of line owned and operated 259.5 miles.
Sidings, etc., 72.8 m. Gauge, 4 ft. 9 in. Rail, 60 and 64 Ibs. Steel rails, 81.2 miles.
This company was chartered April 14, 1851, and the road was opened to Kittan-
ning, 44 miles, January 23, 1856, and to Oil City in 1865. From Red Bank, 64 miles
RAILROAD MANUAL OF THE UNITED STATES.
261
north of Pittsburg, the Low Grade, or Bennett's Branch Division, was opened 110 miles
to Driftwood, on the P. and E. R. R., June 1, 1874. Sligo Branch extends from the
Junction to Sligo, 10.5 miles, and Plum Creek Branch from Verona to coal mines, 7
miles. There are also some coal spurs, at Bostonia Mines.
Rolling* Stock. — Locomotive engines, 75. Cars — passenger, 34 ; baggage, mail,
and express, 9 ; and freight (box, 325 ; platform, 1,190 ; oil, 412 ; other, 87), 2,013—
total revenue cars, 2,056 ; also, 38 service cars.
Operations for year ending December 31, 1877. — Trains run — passenger, 438,380 ;
freight, 1,143,452 — total, 1,700,678 miles. Passengers carried, 968,283 ; carried one
mile, 19,833,405. Freight moved, 2,456,536 tons ; moved one mile, 106,609,036 tons.
Earnings.
From Passengers §609,516 60
" Freight, etc 1,818,97502
" Mail and Express 37,67169
Miscellaneous 25,916 32
Expenditures.
For Maintenance of Way .' $451,915 34
" Rolling Stock 474,87521
" Transportation 343,208 95
Miscellaneous 77,108 99
$2,492,079 93 $1,347,108 49
Balance— net earnings, $1,144,971.44. Payments— interest, $1,161,071.64. Bal-
ance, deficit, $16,100.20. There was also expended on construction account, $104,-
881.90. Included in operating expenses are $9,490, taxes on real estate. $100,000
were paid into the sinking fund.
Abstract of operations and capital account for nine years :
Year
ending.
i«
0
•fc
00
5
Train
Miles.
x £
2 «
c3 uO
Freight
Tons.
Gross
Earnings.
Net
Earnings.
Capital
Stock.
Bonds.
Cost of
Construc-
tion.
^
M
o
5
Dec. 31, '69
139!
39,
449
465,338
667,821
$1,204,777
$510,925
$2,169 550
$3,955 000
$7 913 532
" '70
139
35
1 9X9,
508,342
843.625
1,705,033
831,951
2,256,300
3,963,000
8,316,617
Oct. 31, '71 132
401,095
578,084
1,008;798
1,731,012
784,150
2,256,350
3,961,000
9,747,216
" '72 132
481.3891..
779,959
1.320.289 2.191.489
934,356
2.256.400 3939000 10K53411
" '73 260 73 2,008
861.239 1.778.638 2.628.471
784,026 2.25fi400
3 924 000 12 332 317
" '74 260 73 2,002
831,178
1,794,965' 2,479,177
849.45P,
2,256,400
17.4fi1.000 24R3R 755
Dec. 31, '75 260 74 2,029
1,458,081 694,858
2,054,995 1 2.399,638 984,642
2,166,500 22,785,900, 23,837,684
Oct. 31, '76 260
742,018 1,455.012791,159 2,202,321
2,438,254 1,085,096
2,166,500 23,138,400 23,963,026
Dec. 31, '77
260
75
2,056
1,700,678 968,283
2,456,536
2,492,080
1,144,971
2,166,500
23,420,400
24,110,626
General Balance, December 31, 1877.
Construction $21,696,763 21
Equipment 2,413,862 53
Available Assets 554,985 84
Stocks R. R. and Bridge Cos 871,500 00
Claims in Suit, etc 1,001,561 73
Balance to Debit 1,936,569 51
$28,475,242 82
Description of funded debt in detail :
Capital -Stock $2,166,50000
FundedDebt 23,420,40000
Guaranteed Coupons, Pa. R. R. Co.. 1,566,495 00
Accrued Interest 902,591 54
Sundry Accounts 419,25628
$28,475,242 82
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal,
When Due.
Amount
Outstanding.
1st Mortgage, River Division
7.3
Mar. and Sept.
Mar. 1, 1896.
$4,000,000 00
Income Bonds . . .
7.0
April and Oct.
Oct. 1, 1894.
6,220,400 00
1st Mortgage, Eastern Extension. .
7.0
April and Oct.
Apr. 1, 1910.
10,000,000 00
2d " " "
Jan. 1, 1875.
5.0
Jan. and July.
34 years.
3,200,000 00
262 RAILROAD MANUAL OF THE UNITED STATES.
The Eastern Extension Bonds are also known as " Bennett's Branch "or " Low
Grade Division " Bonds.
The great increase in the cost and liabilities for the year 1873-74 is owing to the
fact that the cost of the Eastern Division first appears that year on the books of the
company, although the increased mileage of the line showed its completion the year
before. The cost of Eastern Extension was $11,210,691.30.
Directors (elected April 9, 1878).— John Scott, D. A. Stewart, William M. Lyon,
W. P. Shinn, and B. F. Jones, of Pittsburg, Pa. ; Geo. B. Roberts, Thomas A. Scott,
J. N. DuBarry, Henry M. Phillips, and A. J. Cassatt, of Philadelphia, Pa.
JOHN SCOTT, President Pittsburg, Pa.
Treasurer Thomas R Robinson.
Secretary E. H. Utley.
General Superintendent David McCargo.
General Ticket Agent J. Morton Hall.
Purchasing Agent John L. Awl.
General Freight Agent E. D. Nettleton.
Chief Engineer H. Blackstone.
PRINCIPAL OFFICE AND ADDRESS Pittsburg, Pa.
BACHMAN VALLEY KAILEOAD.
Line of Road. — Hanover Branch R. R., Pa., to Ebbvale, Md 13 miles.
Sidings and other tracks, 1.3 mile. Gauge, 4 feet 8£ inches. Rail, 52 Ibs.
This road was built solely to supply iron furnaces with ore. The portions of the
line in Pennsylvania and Maryland are organized under separate charters. The follow-
ing is a report of the Pennsylvania portion only, from junction to State Line, 9 miles.
Rolling Stock.— Furnished by the H. J., H. & G. R. R. Co.
Operations for year ending December 31, 1877. — Trains run, 4,912 miles. Pas-
sengers carried, 1,429. Freight moved, 6,097 tons.
Gross earnings, $2,562.06; operating expenses, $2,536.05.
Balance — net earnings, $26.01. Payments — for interest, $3,150.
Financial Statement (Pennsylvania portion), December 31, 1877. — Capital stock
authorized, $100,000 ; paid in, $66,792.31 ; funded debt, 1st mortgage 7 per cent,
bonds, due 1893, $45,000— total, stock and bonds, $111,792,31. Construction of road
to date, $112,412.20.
A. W. EICHELBERGER, President Hanover, Pa.
Secretary and Treasurer— G. W. Forney Hanover, Pa.
PRINCIPAL OFFICE AND ADDRESS Hanover, Pa.
BAECLAT EAILKOAD.
Line of Road. — Barclay, Pa., to Towanda, Pa 16.33 miles.
Sidings, etc., 6 miles. Gauge, 4 feet 8| inches. Rail, 50, 56, and 65 Ibs. Steel rail, 1 m.
This company was chartered as the Barclay R. R. and Coal Co., April 3, 1854, and
the road was opened October 8, 1856. Subsequently, the R. R. and equipment, with
coal mines, lands, etc., were purchased at public sale by the Barclay Coal Co. for
$10,175, subject to mortgage claims, etc., estimated at $612,425 — making a total
EAILKOAD MANUAL OF THE UNITED STATES. 263
cost of $622,600. The property was leased to the Towanda Coal Co., January 1, 1868,
for 20 years, at an annual rental of $35,000 and a royalty of 80 cents per ton on coal,
and is operated by the Erie Railway Co.
Rolling Stock. — Locomotive engines, 5. Cars — passenger, 2 ; baggage, mail, and
express, 1 ; caboose, 3 ; freight, 16 ; and coal, 350 — total, 372.
Operations for year ending December 31, 1877. — Trains run — passenger, 18,028 ;
coal, .42,322 — total, 60,350 miles. Passengers carried, 13,223. Freight (including
bituminous coal, 384,041 tons) moved, 392,006 tons.
Earnings.
From Passengers $3,569 54
" Freight 52,44234
$56,011 88
Expenditures.
For Maintenance of Way $17,186 86
" Transportation, etc 69,44378
$86,630 64
Excess of expenses over earnings, $30,618.76. Payments by lessees : Rent of road,
$35,000 — total deficit to lessees on road operations, $65,618.76.
Financial Statement, December 31, 1877.— Capital stock, $1,000,000 ; paid in,
$1,000,000 ; funded debt, 1st mortgage 7 per cent, bonds, due March 1, 1882, $15,500—
total stock and bonds, $1,015,500. The capital stock consists of 20,000 shares at $50
each. Dividends, as follows, were paid on these shares in 1876 : March 14, $1 ; June
15, $1 ; September 15, $1 ; and December 15, $1 — total $4.00, or 8 per cent.
Directors (elected 1877).— I. V. Williamson, Edward Lewis, Charles W. Trotter,
and J. Raymond Claghorn, Philadelphia, Pa. ; Thomas Wilson, Baltimore, Md ; Wil-
liam B. Warner, Norristown, Pa.
EDWARD M. DAVIS, President Philadelphia, Pa.
Secretary and Treasurer— Harvey Shaw Philadelphia, Pa.
PRINCIPAL OFFICE AND ADDRESS 154 South 4th St., Philadelphia, Pa.
BELLEFONTE AND SNOW SHOE EAILEOAD.
Line of Road.— Bald Eagle Valley R. R. to Snow Shoe, Pa 21.2 miles.
Sidings, etc., 3.9 miles. Gauge, 4 feet 8i inches. Rail, 40, 50, and 56 Ibs.
Chartered April 27, 1859, and road opened in 1860. The company have the
right, with the Bald Eagle Valley R. R., to use the road from Bellefonte to Snow
Shoe intersection, 4.1 miles.
Rolling Stock. — Locomotive engines, 5. Cars — passenger, 2 ; freight, 47 ; coal,
ore, and lumber, 52 ; caboose, 1 — total, 102.
Operations for year ending December 31, 1877.— Trains run, 45,963 miles. Pas-
sengers carried, 12,475 ; carried one mile, 139,709. Freight moved, 69,672 tons.
Earnings.
From Passengers $4,638 39
" Freight, etc 44,016 95
$48,655 34
Expenditures.
For Maintenance of Way $12,159 37
" Transportation, etc 27,691 85
$39,851 22
Balance — net earnings, $8,804.12. There were also received from coal and lumber,
$106,459.56 ; expenses on same, $93,568.18 ; profit from same, $12,891.38 ; out of which
was paid— interest on bonds, $5,940; leaving surplus of $6,946.38.
264 EAILKOAD MANUAL OF THE UNITED STATES.
Financial Statement, January 1, 1878. — Capital stock (authorized, 20,000 shares
$1,000,000), paid in, $600,000 ; and funded debt, 1st mortgage 6 per cent, bonds, due
1883, $99,000— total stock and bonds, $699,000. Per contra : Cost of road and equip-
ment, $458,181.33; real estate, $35,508— total, $493,689.33. The balance of the in-
vestment is used in the coal and lumber business.
Directors (elected 1877). — R. H. Downing, Jacob P. Jones, William Helme, Wis-
tar Morris, Philadelphia, Pa. ; and Robert Valentine, Bellefonte, Pa.
R. H. DOWNING, President Philadelphia, Pa.
Secretary— William Yarnall Philadelphia, Pa. | Gen. Man. and Treas.—D. Ehoads.. Bellefonte, Pa.
PRINCIPAL OFFICE AND ADDRESS — 1608 Market Street, Philadelphia, Pa.
BELL'S GAP BAILBOAD.
Line of Road.— Bell's Mills, Pa., to Lloyds, Pa 8.40 miles.
Opened 1873. Sidings, 1.3 mile. Gauge, 3 feet. Rail, 35 Ibs.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 2 ; freight, 37 —
total, 39.
Operations for the year ending December 31, 1877. — Trains run, 26,233. Pas-
sengers carried, 8,241. Freight moved, 78,407 tons. Gross earnings, $41,963.89 ;
operating expenses, $14,601.39 ; net earnings, $27,362.50. Payments from net earn-
ings—taxes, $2,047.59 ; interest, $14,201.30. Balance to credit, $11,113.61.
Financial Statement, December 31, 1877.— Capital stock, $200,000 ; funded debt,
$200,000— total, $400,000. Per contra: Cost of road and equipment, $221,122.13. In
addition, the company own real estate valued at $19,340.60.
The funded debt consists of 1st mortgage 7 per cent, bonds, due July 1, 1893.
Directors (elected 1877). — John Reilly, Altoona, Pa. ; J. H. Converse, A. L. Mas-
sey, S. G. Lewis, C. S. Wurts, and Edmund Smith, Philadelphia, Pa.
ALEX. L. MASSEY, President Philadelphia, Pa.
Secretary— S. T. Billmeyer Philadelphia, Pa. | Treasurer— J '. G. Cassatt Philadelphia, Pa.
PRINCIPAL OFFICE AND ADDRESS Philadelphia, Pa.
BUFFALO VALLEY KAILKOAD.
Line of Road.— Berlin, Pa., to Garrett, Pa 8.12 miles.
Sidings, 0.10 mile. Gauge, 4 feet 8-J inches. Rail, 45 Ibs.
This road was opened in January, 1876.
Rolling1 Stock. — Engines, 1. Cars, 1.
Operations for year ending December 31, 1877. — Trains run, 10,172 miles. Pas-
sengers carried, 3,051. Freight moved, 2,770 ; moved one mile, 22,387 tons. Gross
earnings, $3,033.35 ; operating expenses, $2,534.98 ; net earnings, $498.37.
Financial Statement, December 31, 1877.— Capital stock, $47,600 ; funded debt,
RAILROAD MANUAL OF THE UNITED STATES. 265
(7 per cent. 1st mortgage bonds, due 1902), $58,500 ; floating debt, $10,500 ; total
stock, bonds, and debt, $116,600. Cost of road and equipment, $84,818.60.
EDWARD KIMMEL, President Berlin, Pa.
Secretary— E. J. Myers Berlin, Pa. | Treasurer— 3. O. Stoner Berlin, Pa.
PRINCIPAL OFFICE AND ADDRESS Berlin, Pa.
CATASAUQUA AND FOGELSVILLE RAILROAD.
Line of Road. — Catasauqua to Rittenhouse Gap, Pa 20.0 miles.
Brancli line : Trexlertown to Farmington, Pa 5.5 "
Total lengtli of main and branch tracks 25.5 miles.
Sidings, etc., 8 miles. Gauge, 4 ft. 8-J- in. Rail, 50 Ibs. Steel rails, 7.25 miles.
This company was chartered April 20, 1855, and the road opened in 1856.
Rolling1 Stock. — Locomotives, 6. Cars — passenger, 3 ; baggage, mail, and express,
2 ; freight (box, 2 ; truck, 66 ; and ore and stone, 590), 658 — total, 663 revenue cars.
Operations for year ending September 30, 1877. — Trains run — passenger, 25,040 ;
freight, 25,040 ; and ore, etc. , 26,292— total, 76,372 miles. Passengers carried, 9,367 ;
carried one mile, 71,830. Freight moved, 251,675 ; moved one mile, 1,761,725 tons.
Earnings.
From Passengers, etc $17,689 83
" Freight, etc 72,96872
$90,658 55
Expenditures.
For Maintenance of Way $11,224 26
" Transportation, etc 36,664 83
$47,889 09
Balance — net earnings, $42,769.46. Payments from net earnings — taxes, $3,-
913.40. Dividend (6 per cent.), $25,614. Miscellaneous, $8,191.05.
Financial Statement, September 30, 1877.— Capital stock, 17,076 shares, $426-
900. Per contra: Cost of road, rolling stock, etc., $742,156.64. Real estate and
buildings, $20,000.
Directors (elected November 5, 1877).— David Thomas, Samuel Thomas, Catasau-
qua, Pa. ; John T. Knight, Easton, Pa. ; Fisher Hazard, Mauch Chunk, Pa. ; George
A. Wood, Charles S. Wurtz, Henry Winsor, and Charles E. Haven, Philadelphia, Pa. ;
John Thomas, Hokendauqua, Pa. ; and B. G. Clark, New York City.
JOSHUA HUNT, President Catasauqua, Pa.
Sec. and Treasurer John Williams.
Gen. Tkt. Agt John Williams.
Supt. and Engineer. C. W. Chapman! Gen. freight Agt. . .'.'. . V. . " . ! .Robert E. Williams.
PRINCIPAL OFFICE AND ADDRESS Catasauqua, Pa.
CENTRAL EAILROAD OF NEW JERSEY.
(As Lessee.)
This company, on the 31st of March, 1871, leased the railroads of the Lehigh
266
RAILROAD MANUAL OF THE UNITED STATES.
Coal and Navigation Company of Pennsylvania, and has since operated them. These
roads are as follows, in all, 191.05 miles :
Lehigh arid Susquehanna R.
R. and Branches 152.35 miles.
Lehigh and Lacka wanna R. R.15.00 "
Nesquehoning Valley R. R. . .16.50 miles.
Tresckow R. R. . .7.20 "
LEHIGH AND SUSQUEHANNA EAILEOAD.
Line of Road.-^hillipsburg, N. J., to Union Junction, Pa 105.00 miles.
Blanche • •! Nesc°Pec> 10 > Nanticoke, 22.8 ; Coplay, .80 33.60 "
' ( South Bethlehem, 0.25 ; Sandy Run, 10.50 ; Ashley, 3 13.75 "
Total length of road owned and leased by company 152.35 miles.
Second track (main line), 55.6 ; and sidings (all lines), 110.74 miles. Gauge, 4 feet 8-£
inches. Rail, 56, 60, 62, and 65 Ibs. Steel rails, 140 miles.
Commenced, 1837, under charter of Lehigh Coal Company. Opened 1840. Leased
in perpetuity April 1, 1871, by the Central Railroad Company of New Jersey.
Rolling1 Stock. — Included in lessees' returns.
Operations for year ending December 31, 1877. — Train miles not reported.
Coal moved, 2,769,498 tons.
Earnings.
From Passengers $73,904 22
" Freight and Express 232,858 43
" Coal 1,632,771 40
$1,939,534 05
Expenditures. !
For Operating Expenses $847,720 82
" Rental paid by Lessees 646,511 34
Balance to Lessees 445,302 89
$1,939,534 05
The lessees also paid $20,000 as compensation for passenger trains withdrawn,
making a total from lessees of $666,511.34.
Financial Statement, December 31, 1877. — Not reported. The latest statement
is in the report of the Lehigh Coal and Navigation Co. , for 1876, of which the fol-
lowing is the
General Balance, December 31, 1876.
L. and S. R. R. Construction $13,718,106 26 1 Capital Stock $10,448,550 00
Lehigh Nav. Improvements 3,099,056 71 Funded Debt ; 15,587,792 77
Coal Lands and Improvements 7,788,627 36 | Bills Payable
Bills Receivable 496,116 29 Central R. R. of N. J. Loan .
Loans assumed by other Companies. 3,581,000 00 Interest and Dividends
Sundry Assets 1,138,267 90 Dividend Fund .".
Dues and Balances 1,125,331 13 Ground Rents, etc
Cash on Hand . .
784,600 00
974,425 20
138,122 12
657,68834
64,157 12
296,13404 Profit and Loss 2,587,30414
$31,242,639 69 $31,242,639 69
Managers (elected February 26, 1878).— E. W/Clark, F. W. Cope, F. C. Yarnall,
Fisher Hazard, Charles Parrish, Charles Wheeler, G. Whitney, Alex. Biddle, John
Leisenring, J. M. Wilcox, Edward Lewis, T. C. Henry j of Philadelphia.
E. W. CLAKK, President Philadelphia, Pa.
Secretary and Treasurer— Solomon Shepherd Philadelphia, Pa. .
RAILBOAD MANUAL OF THE UNITED STATES. 267
LEHIGH AND LACKAWANNA EAILEOAD.
Line of Road. — Bethlehem, Pa., to Stroudsburg, Pa 36 miles.
In operation : Bethlehem to Chapman Slate Quarries 15 "
Sidings and other tracks, 1.50 mile. Gauge, 4 feet 8i inches. Rail, 50 Ibs.
Opened 1867. Leased and operated by the Central Railroad Co. of New Jersey.
Rolling Stock. — Furnished by lessees.
Operations for year ending December 31, 1877. — Included in lessees' returns.
Financial Statement, December 31, 1877.— Capital stock authorized, $1,000,000;
paid in, $375,100; and funded debt, 1st mortgage 7 per cent, bonds, due February 1,
1897, $300,000— total, stock and bonds, $675,100, representing cost of road.
CHARLES BRODHEAD, President Bethlehem, Pa.
Secretary and Treasurer— S. Shepherd Philadelphia, Pa.
PRINCIPAL OFFICE AND ADDRESS Philadelphia, Pa.
NESQUEHONING YALLET EAILKOAD.
Line of Road. — Mauch Chunk, Pa., to Tamanend, Pa 16.50 miles.
Second track, 6.80 m. Sidings, 23.30 m. Gauge, 4 feet 8| inches. Rail, 60 Ibs.
Opened ]870. Leased and operated by the Central Railroad Co. of New Jersey.
Rolling" Stock. — Furnished by lessees.
Operations for year ending December 31, 1877. — Included in lessees' returns.
Lease rent, $138,000. Payments from same: Dividends (10 per cent.) $130,000.
Financial Statement, December 31, 1877.— Capital stock, $1,300,000; floating
debt, $94,615.08, representing the entire liabilities of the company. Cost of con-
struction to date, $1,394,615.08.
J. B. MOORHEAD, President Philadelphia, Pa.
Secretary and Treasurer— C. F. Howell Philadelphia, Pa.
PRINCIPAL OFFICE AND ADDRESS Philadelphia, Pa.
TEESCKOW EAILEOAD.
Line of Road. — Silver Brook, Pa., to Audenried, Pa 7.20 miles.
Sidings and other tracks, 4.86 miles. Gauge, 4 feet 8£ inches. Rail, 50 Ibs.
Opened 1872. Operated in connection with the Lehigh and Susquehanna R. R.
Rolling Stock.— Furnished by operators.
Operations for the year ending December 31, 1877. — Included in lessees' report.
Financial Statement, December 31, 1877.— Capital stock (5,000 shares), $250,-
000; paid in, $130,000; and floating debt, $100,866.81— total, stock and debt, $230,-
866.51. Cost of road and equipment, $230,866.51.
268
KAILKOAD MANUAL OP THE UNITED STATES.
Directors.— E. W. Clark, Alexander Biddle, E. Hill, C. F. Howell, Geo. Whitney,
J. M. Wilcox, all of Philadelphia, Pa.
E. W. CLARK, President Philadelphia, Pa.
Secretary and Treasurer— Solomon Shepherd , Philadelphia, Pa.
PRINCIPAL OFFICE AND ADDRESS Philadelphia, Pa.
COBNING, COWANESQUE AND ANTKIM BAIL WAY.
Line of Road. — Corning, N". Y., to Antrim, Pa 53.00 miles.
Cowanesque Branch : Lawrenceville, Pa. , to Elkland, Pa 11.00 "
Total length of line owned and operated 64.00 miles.
Sidings, etc., 8.11 miles. Gauge, 4 feet 8£ inches and 6 feet. Rail, 59 and 62 Ibs.
Organized January 1, 1873, by consolidation of Blossburg and Corning and
Wellsboro' and Lawrenceville R. Rs. Leased and operated by Fall Brook Coal Co.
Rolling Stock. — Locomotive engines, 18. Cars — passengers, 6 ; baggage, mail,
and express, 4 ; freight (box, 26 ; platform, 74 ; coal, 561 ; other, 10), 671 — total
cars, 681.
Operations for year ending November 30, 1877. — Trains run — passenger, 93.600;
freight, 158,102 — total, 251,702 miles. Passengers carried, 57,216 ; carried one mile,
845,445. Freight moved, 422,609 ; moved one mile, 11,437,450 tons.
Earnings.
From Passengers $28,163 00
" Freight, etc 284,114 33
Expenditures.
For Maintenance of Way $60,113 05
" Transportation, etc 131,903 85
$312,277 33 . $192,016 90
Balance — net earnings, $120,260.43. Payments from net earnings — taxes, $7,020.
Payments by lessees — rental, $232,428.23 ; distributed as follows : Interest, $35,000;
dividend (7 per cent.), $133,000 ; construction, $58,585.13 ; real estate, etc., $5,843.10.
Abstract of operations and financial condition for five years :
Years.
Miles.
R. E.
En-
gines.
Cars.
Train
Miles.
Passen-
gers.
Freight
Tons.
Gross
Earn-
ings.
Net
Earn-
ings.
Capital
Stock.
Bonds.
Con-
struction,
etc.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
65
65
65
65
65
12
13
13
13
18
702
716
758
749
681
285,934
270,092
219,306
244,383
251,702
93,092
97,293
79,359
73,593
57,216
1,089,222
827,800
621,381
621,592
422,609
$428,893 $109,413
412,582 138,186
316,696 131,095
341,082 168,806
312,277 120,260
S$l,600,000
1,600,000
1,600,000
1,600,000
1,600,000
$1,600,000
1,900,000
2,400,000
2,458,585
2,458,585
$500,000
500,000
500,000
Financial Statement, November 30, 1877.— Capital stock (authorized, $2,000,000)
paid in, $1,600,000; funded debt, 1st mortgage 7 per cent, gold bonds, payable July
1, 1890, $500,000— total stock and bonds, $2,100,000. Per contra : Construction and
equipment, $2,458,585.13. On the 1st of June, 1874, the Cowanesque Branch R. R.
was purchased at a cost represented by $300,000 of stock. The company also own
real estate to the value of $147,076.87. The bonds are redeemable by annual draw-
ings to the amount of $20,000, commencing 1880.
269
Directors (elected 1877). — George J. Magee, John Lang, and Daniel Beach, Wat-
kins, N. Y. ; S. S. Ellsworth, Penn Yan, N. Y. ; Daniel C. Howell, Bath, N. Y. ; A. L.
Edwards, N. Y. City ; and Henry Sherwood, Wellsboro', Pa.
GEORGE J. MAGEE, President Watkins, N. Y.
Treas. and Sec.—D. Beach Watkins, N. Y. | Superintendent.— A. H. Gorton Corning, N. Y-
PRINCIPAL OFFICE AND ADDRESS Watkins, N. Y.
COKNWALL KAILKOAD.
Line of Road. — Cornwall, Pa., to West Lebanon, Pa 7.47 miles.
Branches.. ..4.75 "
Total length of road and branches 12.22 miles.
Sidings and other tracks, 3.16 miles. Gauge, 4 ft. 8i in. Rail, 56, 60, 64, and 68 Ibs.
Rolling Stock. — Locomotive engines, 3. Cars — coal, stone, and ore, 152 ; freight,
17 — total, 165 cars.
Operations for year ending December 31, 1877. — Trains run, 18,149 miles. Freight
moved, 410,605 tons ; carried one mile, 1,827,739 tons.
Gross earnings, $84,070.69 ; operating expenses, $33,824.68; net earnings, $50,-
246.01. Payments— dividends (10 per cent.), $30,000; taxes, $2,700— total, $32,700.
Financial Statement, December 31, 1877.— Capital stock, $300,000. Per contra :
Construction, $349,815.04; and rolling stock, $82,111.84— total, $431,926.88.
Directors. — A. Wilhelm, David S. Hammond, and John W. Mish, Lebanon, Pa. ;
Samuel Small, York, Pa. ; and Wm. C. Freeman, Cornwall, Pa.
A. WILHELM, President Lebanon, Pa.
Treasurer D. S. Hammond.
Secretary John W. Mish.
Master of Transportation Thomas Euth.
Purchasing Agent A. Wilhelm.
PRINCIPAL OFFICE AND ADDRESS Lebanon, Pa.
CUMBEELAND YALLEY EAILKOAD.
Line of Road. — Harrisburg, Pa., to Potomac River, Md 82.20 miles.
Branches, named below 28.38 "
Leased lines, named below 42.80 "
Total length of line owned, leased, and operated 153.38 miles.
Sidings, etc., 20 miles. Gauge, 4 feet 9 inches. Rail, 50 and 56 Ibs. Steel rails, 38 m.
Chartered by Pennsylvania, April 2, 1831, and road opened to Chambersburg,
November, 1837, where it connected with the Franklin Railroad, chartered in Penn-
sylvania March 12, 1832, and in Maryland January 16, 1837, and opened to Hagers-
270 KAELROAD MANUAL OF THE UNITED STATES.
town, Md., in 1839. The portion in Pennsylvania was merged in that of the C. V.
E. R. Co., June 1, 1865, having been previously purchased for $304,169.83. The or-
ganization was still maintained in Maryland, and the road was, in 1873, completed
to the Potomac River, where it joins the Martinsburg and Potomac R. R., opened in
September, 1872. The South Mountain Iron Co.'s R. R. was built in 1869, and is
operated as a branch of the C. V. R. R. It extends from Carlisle to Pine Grove, 17.78
miles, and the C. V. R. R. Co. advanced $200,000 toward its building, secured by
mortgage. Having defaulted on its interest in June, 1876, it was sold under fore-
closure May 15, 1877, and bought by C. V. R. R. Co. for $10,000, and a new company
organized under the name of South Mountain Railway and Mining Co. The Mont
Alto R. R. is also operated as a branch. It extends from near Chambersburg to Mont
Alto, 10.6 miles, and was aided to the extent of $110,000 by the C. V. R. R. Co., which
holds a 1st mortgage on the line.
The leased lines are the Dillsburg and Mechanicsburg R. R., 8 miles ; the Mar-
tinsburg and Potomac R. R., 11.8 miles ; and the Southern Pennsylvania Railway, 23
miles in length. The operations of the branch lines are included in this statement.
Boiling" Stock. — Locomotive engines, 21. Cars — passenger, 25 ; baggage, mail,
and express, 6 ; and freight, 274 — total revenue cars, 305.
Operations for year ending September 30, 1877. — Trains run — passenger, 182,699 ;
freight, 156,273 ; and other, 5,293— total, 344,265 miles. Passengers carried, 349,131.
Freight moved, 320,510 tons, of which 34,531 were iron ore. Moved one mile, 11,-
062,944 tons.
Earnings.
From Passengers $165,287 86
" Freight 321,075 33
" Mail and Express 14,83875
Miscellaneous 18,649 43
$519,851 37
Expenditures.
For Maintenance of Way $76,689 87'
" Boiling Stock 77,72867
" Transportation 70,13195
Miscellaneous ... 14,623 66
$239,174 15
Balance — net earnings (54 per cent.), $280,677.22. The gross earnings, including
leased lines, were $566,826.06, and the operating expenses, $275,835.74, making the
net income of all lines, $290,990.32. Payments from net earnings — dividends (10 per
cent.), $178,477.25 ; interest on bonds, $26,551.50; taxes, $26,424.14— total, $231,-
452.89. Cash on hand at beginning of year, $177,332.90 ; total cash now on hand, $181,-
935.66. Included in taxes are balances paid United States in settlement of internal
revenue taxes from 1864 to 1871.
General Balance, September 30, 1877.
Construction and Equipment $1,887,465 95
Materials 94,776 08
Contingent Fund 544,835 84
Balance of Account 40,615 79
Cash on Hand 181,93566
$2,749,629 32
Capital Stock $1,777,850 00
Funded Debt 352,300 00
Dividends Due 45,38650
Interest Due 13,621 95
Balance... 560,47087
$2,749,629 32
The capital stock consists of $241,900 1st preferred; $243,000 2d preferred, and
$1,292,950 common. The funded debt consists of $161,000 8 per cent. 1st mortgage
bonds, due April, 1904 ; $109,500 8 per cent. 2d mortgage bonds, due April, 1908.
and $81,800 8 per cent, common mortgage bonds, due January, 1884.
EAILEOAD MANUAL OF THE UNITED STATES.
271
Abstract of operations and general account for ten years :
Year.
Miles
K.R.
Engines.
3D
%
0
Train
Miles.
Passen-
gers.
Freight
Tons.
Gross
Earn-
ings.
Net
Earn-
ings.
Stock.
Bonds.
Cost of
Con-
struc-
tion.
Divi-
dends.
o
P<
1
$
8
$
8
8
1867-68.
83.50
16
242
242,146
281,134
244,480
540,865
148,448
1,316,900
&52,400
1,468,237
87,277
8
1868-69.
85.00
16252
226,576
308,213
344,532
523,993 176,916 1,316,900352,300
1,492,205
94,439
8
1869-70.
86.50
17256 247,970
297,605
297,400
555,695' 268,818 1,325,625 352,300
1.459,229
101,635
8
1870-71.
92.50
18258 258,452
302,864
297,367
557,639 241,240 1,326,650 352,300
1,583,445
106,132
8
1871-72.
141.78)20264 275,889
288,817
322,017
577,366 284,291
1,494,250 352,300
1,725,143
106,568
8
1872-73.
153.78|20264
343,950
354.912
393,128
651,066 343,225
1,774,912 352,300
1,753,613
119,289
8
1873-74.
153.98:22297
389,152
392,354
384,075 603,310 329,049 1,777,850352,300 1,813,323
139,955
9
1874-75.
153.38J21 297
341,329
376,133
315,709 : 526,076 260,595
1,777,850 352,300 1,842,510
177,480
10
1875-76.
153. 38 21^305
348,685
377,397
333,516 ! 547,994 298,101 1,777,850 352,300
1,887,466 221,531
12*
1876-77.
153.38
21
305
344,265
349,131
320,510
519,851
280,677
1,777,850
352,300
1,887,466
178,477
10
In the above table the length of leased lines is included; but the operations and
general account are for the main line and Branches only.
Directors (elected October 1, 1877). — Frederick Watts, Carlisle, Pa.; Josiah Bacon,
Thomas A. Biddle, Thos. A. Scott, George B. Roberts, Wistar Morris, and Strickland
Kneass, Edmund Smith, Philadelphia, Pa. ; Daniel 0. Qehr, Thos. B. Kennedy, John
Stewart, Chambersburg, Pa.
THOMAS B. KENNEDY, President Chambersburg, Pa.
Sec. and Treas.—E. M. Biddle Carlisle, Pa.
Superintendent — J. F. Boyd Chambersburg, "
Chief Engineer— O. N. Lull .... «'
Eoad Master— Thos. J. Grier.. " "
Ticket Agt.—A. H. McCulloch. .Chambersburg, Pa.
Master Mechanic— A. S. Hull.. " "
Matt. Car. Bldr.— C.W.Nitter-
house . . " "
PRINCIPAL OFFICE AND ADDRESS Chanibersburg, Pa.
DILLSBUKG AND MECHANICSBUBG BAILBOAD.
This company was chartered in 1870, and the road opened July 14, 1873. It ex-
tends from Dillsburg to Mechanicsburg, Pa., 8 miles, with 0.66 mile of sidings. It is
leased by the Cumberland Valley R. R. Co. for 99 years from February 22, 1873, and
that company has advanced to it $100,000, for which it holds a 1st mortgage ; and in
addition, aided it to the extent of $53,460.19, of which $47.516.61 have been repaid.
Operations for year ending September 30, 1877. — Train miles, 11,173. Freight
moved, 51,835 tons. Gross earnings, $19,324.31, of which $14,450.15 were from
freight. Operating expenses, $10,092.15 ; net earnings, $9,232.16, applied to float-
ing debt.
Financial Statement, September 30, 1877. — Capital stock authorized, $850,000 ;
subscribed, $63,000; paid in, $46,678.66; funded debt, $100,000; floating debt,
$5,943.58. The funded debt consists of 6 per cent, bonds, due August 1, 1895, and
all held by Cumberland Valley R. R. Co. Cost of construction, $153,460.19.
Officers.— Same as Cumberland Valley R. R. Co.
272 BAILBOAD MANUAL OF THE UNITED STATES.
MAETINSBUEG AND POTOMAC EAILEOAD.
Organized in 1870, and road completed September, 1872. It extends from the
Potomac River, where it connects with the Cumberland Valley R. R., to Martins-
burg, Va., 11.8 miles. It is leased to the C. V. R. R. Co., who operate it, and turn
over any surplus to lessors.
Operations for year ending September 30, 1877. — Train miles, 23,574. Freight
moved, 7,709 tons. Earnings from passengers, $5,767.16 ; from freight, etc., $5,392.95
— total, $11,160.11; operating expenses, $10,651.16; net earnings, $508.95.
Financial Statement, September 30, 1877.— Capital stock paid in, $130,000 ;
funded debt, $315,000. Per contra : Cost of construction, $443,381.50.
The funded debt consists of mortgage bonds, payable January 1, 1890, bearing 7
per cent, interest in gold, payable semi-annually, on the first days of January and
July. Amount authorized, $500,000 ; issued, $315,000.
CHARLES J. FAULKNER, President Martinsburg, W. Va.
Secretary — Charles J. Faulkner, Jr. | Treasurer John I. Able. | Chief Eng James L. Kandolph.
PRINCIPAL OFFICE AND ADDRESS Martinsburg, W. Va.
SOUTHEEN PENNSYLVANIA EAILWAY.
Chartered about 1870, under name of Southern Pennsylvania Iron and R. R. Co.,
and completed to Mount Pleasant Iron Mines, 23 miles, in October, 1871. The prop-
erty was sold in December, 1872, by foreclosure of 2d mortgage, and reorganized
under its present title of Southern Pennsylvania Railway and Mining Co., in which
a controlling interest in held by the C. V. R. R. Co., which also operates the road
under lease for 199 years from March 1, 1870, for operating expenses and 8 per cent,
interest on value of rolling stock used.
Operations for year ending September 30, 1877. — Train miles, 16,097; freight
moved, 18,113 tons. Earnings from passengers, $6,018.36 ; from freight, etc., $10,-
471.91— total, $16,490.27. ^Operating expenses, $15,918.28. Net earnings, $571.99.
Financial Statement, September 30, 1877.— Capital stock, $800,000 ; funded debt,
1st mortgage (S. P. I. & R. Co.), $625,000; interest on same, $42,000— total stock,
bonds, etc., $1,467,000. Cost of road to purchasers, $973,750. The Cumberland
Valley R. R. Co. hold $495,673.04 of the stocks and bonds of this company. The in-
terest on bonds has not been paid since March, 1875.
Secretary and Treasurer— John L. Ritchie Chambersburg, Pa.
DELAWAEE AND HUDSON CANAL COMPANY.
Line of Railroad.— Nineveh, N. T., to Plymouth, Pa 58.52 miles.
Branch lines, owned or operated by company 98.30 "
Leased lines, named below. 509.68 "
Total length of railroad owned, leased, and operated 666.50 miles.
RAILROAD MANUAL OF THE UNITED STATES.
273
Second track, 19.04 miles. Sidings, 143.88 miles. Gauge, 4 feet 3 inches, 4 feet Si-
inches, and 6 feet. Rail, 56 and 62 Ibs. Steel rails, 321.93 miles.
The Delaware and Hudson Canal Company was chartered by the Legislature of
New York, April 23, 1823, to construct a canal and railroad from the coal-fields of
Pennsylvania to the Hudson River at Rondout, N. Y. Under this charter, the canal
from Honesdale to Rondout was completed in October, 1828, and a gravity railroad,
from the coal-fields to the canal, some 29 miles, was opened in 1829, and is included
as a branch line. Subsequently, the line from Mill Creek to Carbondale was opened.
The business of the company was enlarged from time to time by leases, etc., until it
now owns or operates, under lease, the following lines of railroad :
Delaware and Hudson R. R. . . . 58.52 m.
Gravity and Coal R. Rs 98.30 "
Albany and Susq. R. R. (leased). 142. 20 "
Cherry Valley Branch (owned). 20.91 "
Schenectady " 13.84 "
New York and Canada R. R. . .112.93 "
Au Sable Branch. 19.82 "
Lake George Branch 4.38 "
WestChazy " 12.78 "
Rens. and Saratoga R. R.(leased). 72.55 m.
Castleton Branch. . . 13.66 "
Glen's Falls "
5.74
Green Island" 1.08 "
Rutland
62.44
Schenectady" 14.97
Waterford
12.18
Total of all lines 666.50 m.
The Lackawanna and Susquehanna R. R. is here included in the D. and H. R. R.
Included in the length of line here given are lines operated under lease, conveying
the right to run freight trains over the Jefferson Branch of the Erie R. R., from
Carbondale to Jefferson Junction, 34.60 miles ; on the Lehigh and Susquehauna R. K.,
6.65 miles ; and on the Lackawanna and Bloomsburg R. R., 0.82 mile.
The company also owns 146 miles of underground railroad, 3 feet gauge, of
which 59 miles are T rail, 38 strap rail, and 49 wooden tramway. Connected with
this, but above ground, are 16.75 miles of road, T rail, making in all 162.75 miles of
mine railway.
The operations, financial condition, etc., of the leased lines in New York are
given in their proper place in that State. The statement here given is of the road in
Pennsylvania.
Equipment. — Engines (locomotive, 33 ; and stationary, 30), 63. Cars — passenger,
6 ; baggage, mail, and express, 6 ; freight (box, 10 ; platform, 17 ; coal, 4,000), 4,027—
total, 4,039. Also, 40 service cars.
Operations for year ending December 31, 1877.— Trains run— passenger, 77,342 ;
and freight, 411,691— total, 489,033 miles. Passengers carried, 119,215 ; carried one
mile, 1,423,925. Freight moved, 1,590,373 tons ; carried one mile, 37,645,806 tons.
Earnings.
(Sailroad.)
Expenditures.
From Passengers $60,397 36
" Freight and Coal 653,625 47
" Mail and Express 3,086 91
Miscellaneous 5,000 00
$722,049 74
For Maintenance of Way $108,983 71
" Rolling Stock 54,77722
" Transportation 310,014 42
$473,775 35
Balance — net earnings, $248,274.39. Disposition of net earnings shown in profit
and loss.
18
274
RAILROAD MANUAL OF THE UNITED STATES.
Profit and Loss Account (D. and H. Canal Co.), year ending December 31, 1877.
Sales of Coal for Year 1877 $4,638,871 94
CanalTolls 44,313 14
Profits of R. R. Earnings in Penna. . .. 248,274 39
Interest on Investments 294,311 83
Miscellaneous Profits 28,900 34
Coal on hand Dec. 81, 1877, 123,778 tons. 341,036 00
Balance 1,147,33209
$6,743,039 73
Coal on hand Dec. 31, 1876, 240,322 tons. $698,758 15
Mining Coal 2,077,370 31
Coal Transportation, etc 488,073 28
Freight and Canal Expenses 759,348 61
Rondout Expenses 136,63480
Freight Paid other Lines 422,745 58
Yard Expenses, Taxes, etc 397,390 19
Interest 1,157,351 97
Loss on Leased Lines 605,366 84
$6,743,039 73
Profit and Loss Account (Leased R. JR. Lines), year 1877.
Earnings.
From Passengers $1,090,474 31
" Freight 1,744,54622
Balance, Profit and Loss 527,252 91
$3,362,273 44
Expenses.
Maintaining R. Rs $541,937 70
" Equipment 308,68008
Operating Roads 883,549 70
Rentals, etc 1,628,105 87
$3,362,273 44
Net earnings from operations of leased lines, $1,100,852.96. Per contra : Rental,
interest and dividends on leased lines, $1,628,105,87. Balance, deficit, on operations
of leased lines, $527,252.91.
Abstract of income account for six years :
1872.
1873.
1874.
1875.
1876.
1877.
$8 659 014
$9 842 825
$10 095 448
$12 034 936
$6 495 428
$4638872
Canal Tolls
86,971
' 75?374
66 594
58310
43,445
44,313
813,396
893 069
1 238 465
177 621
381 048
28.900
1,047,911
1 417 440
1 132 505
737,628
698,758
341,036
R R Earnings in Pa
306,911
248,275
338,932
294,312
1,147,322
$10,607,292
624,530
$12,228,708
1 047 910
$12,533,012
1 417 440
$13,008,495
1 137 300
$8,264,522
737 628
$6,743,040
698,758
Coal Purchased .
559,677
856 193
1 041,502
742 836
120599
Mining Coal
3,963.015
3,780,177
3,730 628
4,153,517
2,754^778
2,077,370
Coal Transportation, etc
1,177,859
1,049 033
996 406
819,286
542,156
488,073
Canal Freight and Expenses. .
R R Freight, etc
1,531,257
696,992
1,546,924
397988
1,502,752
259 398
1.430,134
'520 712
1,032,431
428,840
759,349
422.746
Interest . . .
677,320
750,187
768246
823,155
1,187,886
1,157.352
Taxes & Miscellaneous Exps.
Loss on Leased Lines
807,429
779,690
766,808
752,513
596,780
555,404
534,025
605,367
569,213
2020606
2 049 832
2 629 042
308020
$10,607,292
$12,228,708
$12,533,012
$13,008,495
$8,264,522
$6,743,040
The following statement shows the total production of anthracite coal in the
United States at dates mentioned, and the number of tons carried on the Delaware
and Hudson Canal and Railroad :
KAILROAD MANUAL OF THE UNITED STATES.
275
Total
Anthracite
Tons.
D. & H. Canal,
and R. K.
Total
Anthracite
Tons.
D. & H. Canal,
and R. R.
860
8,131,234
499,568
1873...
21,689,959
2,752,596
1865
9 488,396
759,699
1874
19,805,074
2,399,417
1870.
15,552,380
2.318,073
1875
20,643,509
3,053,817
1871.
15,610,663
2,011.333
1876
18,906,000
1,997,545
1872
20,747,149
2,930,767
1877
20,824,411
1,893,315
General Balance, December 31, 1877.
Cost of Canal $6,339,210 49
" R. R. and Equipment 6,209,980 77
" Real Estate 8,622,91276
" Mines and Improvements 2,386,324 81
" Fixtures, Barges, etc 1,190,923 29
" L. andS. R. R 1,021,15345
N. Y. and Canada R. R 3,597,086 51
Supplies 1,089,853 46
Coal and Sundry Accounts 1,110,690 98
Miscellaneous Assets , . 6,622,687 41
Cash on Han'd 328,808 29
General Profit and Loss 199,659 60
Capital Stock $20,000,000 00
Funded Debt 15,098,000 00
Loan 1880 1,912,50000
Interest and Dividends, Jan. 1, 1877.. 780,141 64
December Accounts 420,992 22
Due Depositors 214,700 16
Taxes 29,62800
Interest and Dividend Unclaimed.. 35,329 80
Bills Payable 223,000 00
$38,714.291 82 $38,714,291 82
Included in Real Estate is the entire real property of the company, embracing
docks, etc., at Weehawken, Rondout, and New York ; coal yards at various places ;
offices in New York ; and the entire coal lands of the company. In [Sundry Accounts
are Cherry Valley R.R., $314,870.72 ; cost, $700,000; advances to leased lines, $385,-
374.10 ; coal on hand, $341,036 ; Lackawanna Palace Car Co., $54,675.36 ; and tele-
graph lines, $14,734.80. The Miscellaneous Assets contain the following :
Bonds Rhinebeck and Conn. R. R. (300). $300,000 00 I Sundry Small Accounts . . $59,168 13
Jefferson R. R. (124) 103,050 00 Stocks, A. and S. R. R. (9,000 shs.) 900,000 00
R. and S. R. R. (824 " ) 822,137 50
" SundryCos 97,51273
Advance Royalties 581,289 07
Boston, H. & Erie R. R. (1,480).. 1,254,268 83
" Albany and Susq'a R. R. (437) . . . 437.000 00
" D. and H. Canal Co. (790) 790,000 00
The interest on Boston, Hartford and Erie R. R. bonds is guaranteed by Erie Ry.
Co., and the sinking fund has reached $324,624.67, leaving balance, $929,644.16. The
bills and accounts receivable amount to $1,602,885.82.
At the annual meeting in 1877, a committee was appointed to inspect and report
upon the company's property. This report was made August 11, 1877, the results of
•which, as compared with the annual reports, are shown as follows :
Managers'
Reports.
Committee's
Valuation.
Cost of Canal
$6,339,210 49
$7,000,000 00
R. Rs., Equipment, etc
7,591,459 30
7,788,844 34
Coal Field (25,230 acres)
5,862.522 50
11,615,000 00
Other Real Estate
2,670,350 85
3,146,921 71
Mine Fixtures and Equipments .
2,373,264 76
3,300,000 00
Sundry Supplies, Boats, etc ;
3,671,756 19
3,896,508 85
Sundry Bonds
2,223,291 50
2,236,641 50
Sundry Stocks
5,344,243 74
1,714,910 84
Cash and Assets
3,209,000 56
3,052,898 55
Total . . ..
$39,285,099 89
$43,751,725 79
276 RAILROAD MANUAL OF THE UNITED STATES.
Abstract of general balances for six years :
1872.
1873.
1874.
1875.
1876.
1877.
Canal
$
6,339,210
$
6,339,210
$
6,339,210
$
6,a39,210
$
6,339,210
$
6 339 210
R. R. and Equipment
4,621,411
4,718,910
4,570,101
6,101,946
6,195.511
6,2093981
Real Estate
6,279,447
6,993,964
7,587,055
8,253,260
8,532,873
8 622 913
Mines and Fixtures
1,796,100
1.971,301
2,199.078
2,550,619
2,666,849
2 649 961
Coal Yards, Barges, etc
1,036,319
1,029,337
950,487
761,403
917,573
497,287
Cherry Valley R. R
320,118
314,871
L. and S. R. R
1,005,167
1,007,724
1,020,334
1,020,334
1,021,153
1 021,153
N.Y. andC. R. R
2,174,742
3,597,087
Supplies
618,165
1,290,625
1,392,676
1,472,804
1,319,604
1 089853
Coal on hand
1,061,647
1,417,439
1,137,300
737,627
698,758
341,036
Advances, etc
113,877
24,797
15,985
14,734
496,910
454,784
Miscellaneous Assets
6,065,821
7,029,102
9,292,080
9,390,529
8,088,714
6,622,687
Balance of Cash Assets
Profit and Loss
955,675
1,812,099
157,429
1,246,023
2,687,821
323,808
199,660
Capital Stock
29,892,844
15.000,000
35,809,256
19,539,485
34,961,741
20,000,000
37,888,593
20,000,000
39,285,099
20,000,000
38,714,292
20,000.000
Funded Debt
13,088,385
13,930,385
12,764,079
15,116,000
15,116,000
15,098,000
Loan, 1880
1,912,500
Sinking Fund
143,414
184,154
227,795
274,545
Miscellaneous Accounts ....
2,846,230
1,703,792
Profit and Loss
1,804,459
2,195,970
2,013,507
2,544,797
1,048,323
29,892,844
35,809,256
34,961,741
37,888,593
39,285,009
38,714,292
Directors (elected May 8, 1877). — Thos. Dickson, Scranton, Pa.; Jas. Roosevelt,
J. Pierpont Morgan, Robert S. Hone, A. A. Low, R. L. Kennedy, J. M. Halsted, Le-
Grand B. Cannon, J. R. Taylor, John Jacob Astor, Levi P. Morton, and Geo. Cabot
Ward, New York City; and Thos. Cornell, Rondout, N. Y.
THOMAS DICKSON, President Scranton, Pa.
R. M. Olyphant, Asst. President New York City.
Treasurer— S. C. Hartt N. Y. City.
Secretary— G. L. Haight " "
Gen. Manager— COQ F. Young Honesdale, Pa.
Supt. A. & S.B.B.—C. D. Hammond. .Albany, N.Y.
Supt. B. & S. B. B— Theo. Voorhees . . . Troy, "
Sales Agent — R. G. Moulton New York City.
Supt. Coal Dpt.—K. H. Vandling. Providence, R. I.
Auditor— -R. A. Henry New York City.
Supt. D. & H. B. B.—tt. Manville. .Carbondale, Pa.
Chief Engineer— Chas. W. Wentz Albany, N.Y.
Gen. Ticket Agent — Joseph Angell... '• "
Gen. Freight Agent— VL. S. Marcy . ... " "
Master Mechanic— R. C. Blackall. .... "
Fiscal Agent— Bank of Commerce. New York City.
PRINCIPAL OFFICE AND ADDRESS, JCoal and Iron Exchange, cor. Cortlandt
' ( and Church Streets, New York.
DELAWARE, LACKAWANNA AND WESTERN R. E.
Line of Road. — Great Bend, Pa., to Delaware River, Pa 115.80 miles.
Bloomsburg Branch : Scranton, Pa., to Northumberland, Pa 80.00 "
Roads leased, operated, and controlled , . .463.15 "
Total length of line owned, leased, and operated 658.95 miles.
Double track, 239.34 miles. Sidings, etc., 234 miles. Gauge, 4 feet 8£ inches. Rail,
65 Ibs. Steel rails, 531.97 miles. Total length of tracks, 1,131.49 miles.
RAILKOAD MANUAL OF THE UNITED STATES.
277
This company was formed by the consolidation, under act of March 11, 1853, of
the Liggitt's Gap R. R. Co., chartered April 7, 1832, and the Delaware and Cobb's
Gap R. R. Co., chartered April 7, 1849, under the title of Lacka wanna and Western
R. R. Co. Present title was taken when consolidation was completed, April 13, 1853.
Road opened from Scranton to Great Bend October 20, 1851, and whole line com-
pleted May 27, 1856. In 1851, the company secured the right of use of the Erie Rail-
way from Great Bend to Owego, and in 1855 the lease of the Cayuga and Susque-
hanna R. R. from Owego to Ithaca. A contract for use of the Central R. R. of New
Jersey was also made in January, 1854, the connection between the two roads being
made by means of the Warren R. R., also leased, which continued in force until
March 16, 1872, when a new contract was made, by which the D., L. and W. and the
C. R. Rs. were to be operated as a joint estate, with a view to ultimate consolidation ;
but this arrangement, as well as the contract of 1854, was annulled in December,
1872, and in April, 1875, all business over that road ceased. In 1857, a contract for
use of their road was made with the Syracuse, Binghamton and New York R. R. Co.
In 1869, the company took a lease of the Morris and Essex R. R., including the New-
ark and Bloomfield R. R., and in 1871 leased the Chester, Greene, Lackawanna and
Bloomsburg, Oswego and Syracuse, Utica, Chenango and Susquehanna, and the Val-
ley R. Rs. During the last year this company has also operated the Rome and Clin-
ton, and the Utica, Clinton and Binghamton R. Rs., under an arrangement with the
Delaware and Hudson Canal Co. , to which these roads are leased, and which pays
the rental. On the 19th of June, 1873, the Lackawanna and Bloomsburg R. R. was
consolidated with the D., L. and W., and has since been known as the Bloomsburg
Branch. The gauge of the D., L. and W. R. R. was originally 6 feet, but was changed
to 4 feet 8£ inches in 187C.
Lines leased and operated :
Cayuga and Susquehanna R. R. 34.61 m.
Chester R. R 10.00 "
Greene R. R 8.00 "
Morris and Essex R. R 118.56 "
Newark and Bloomfield R. R. . . 4.25 "
Oswego and Syracuse R. R 34.98 "
Rome and Clinton R. R 12.70 m.
Syracuse, Binghamton & N.Y.R.R.81.00 "
Utica, Chenango & Susq'hna R. R.98.00 "
Utica, Clinton & Binghamton R. R.31.30 "
Valley R. R : 11.50 "
Warren R. R.. ..18.25"
The reports of the leased lines will be found in the States in which they belong.
Rolling Stock. — Locomotive engines, 158. Cars — passenger, 50 ; baggage, mail,
and express, 27 ; freight (box, 474 ; stock,15 ; platform, 436 ; coal, etc., 14,846), 15,771
— total revenue cars, 15,848. Also, 76 caboose and 276 service cars.
Statement of equipment for ten years :
D., L. and W. K. R. Co.
1868.
1869.
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Locomotive Engines
( Passenger
98
15
103
19
124
14
128
14
128
20
153
30
152
31
152
31
153
35
158
50
SSBS1.*::::
8
748
9
824
5
876
5
880
9
873
14
1,197
15
1,120
18
1,126
17
835
27
925
Coal, etc
5,972
6,662
8,000
10 299
9 516
11 404
13,613
14,161
14,846
14846
278
KAILKOAD MANUAL OF THE UNITED STATES.
Operations of D., L. and W. R. R. for the year ending December 31, 1877. — On
main line : Trains run — passenger, 421,893 ; freight, 556,369 ; and coal, 1,616,991 —
total, 2,595,253 miles. Passengers carried — through, 7,126 ; and local, 467,519 — total,
474,645 ; carried one mile, 8,722,409. Freight and coal moved— through, 42,132 ;
and local, 2,880,671 — total, 2,922,803 tons. Freight classified — coal, anthracite,
2,369,880 ; and bituminous, 9,977 ; petroleum and other oils, 3,706 ; iron — pig, 25,281;
railroad, 68,375 ; other and castings, 25,133 ; iron and other ores, 11,396 ; stone and
lime, 39,041 ; agricultural products, 83,103 ; merchandise and manufactures, 88,605 ;
live stock, 3,060 ; lumber, 86,584 ; other articles, 10,326— total, 2,922,803 tons.
Carried one mile, 168,693,921 tons.
Abstract of freight (in tons) moved on D. , L. and W. R. R. for ten years :
Year.
Coal,
Anthrac.
Coal,
Bitum.
Pig and
Cast-
iron.
R. R.
Iron.
Iron
Ore.
Lime,
etc.
Merchan-
dise, etc.
Live
Stock.
Lum-
ber.
Mis-
cella-
neous.
1868...
1,772,414
112
5614
55890
82,619
31,019
34,352
5,944
95,042
45,506
1869
1,592,414
1,648
14,937
44,062
99,854
40,084
40,648
6,360
97,934
56,005
1870
2,870,450
1,834
21,106
65,929
137,841
45,612
54,164
10,263
128,773
62,032
1871
1,966,212
13.726
10,593
39,814
54,683
30,742
56,580
6,072
98,870
86.276
1872
2,914,265
5,814
16,881
55,614
71,382
50,584
52,859
5,860
90,942
83,470
1873
3,785,044
15,599
51,515
68,240
109,841
103,356
72,119
8,446
152,095
81,484
1874
3,112,221
8,073
44,454
48,172
63,881
60,757
90,934
7,937
130,941
86,393
1875
3.404,242
11,113
49,158
29,578
36,954
62,704
93,155
6,524
126,573
78,343
1876
2,400,104
13,781
42,688
48,568
25,465
91,215
87,240
3,983
107,419
102,626
1877
2,369,880
9,977
50,417
68,375
11,396
39,041
88,605
3,060
86,584
205,445
Earnings of R. R. in 1877.
From Passengers $268,135 68
" Freight, etc 2,954,63639
" Mail and Express, etc 394,887 28
$3,617,659 35
Expenses of R. R. in 1877.
For Maintenance of Way $484,676 25
" RollingStock 280,59290
" Transportation, etc 747,049 14
$1,512,318 29
Balance — net earnings, $2,105,341.06. Payments — interest on funded debt,
$201,957 ; balance, $1,903,384.06, used in payment of rent of leased lines and losses
on coal.
Abstract of gross earnings, operating expenses, and net earnings for ten years :
Year.
Gross
Earnings.
Operating
Expenses.
Net Earnings.
Year.
Gross
Earnings.
Operating
Expenses.
Net Earnings.
1868. .
1869. .
1870. .
1871. .
1872. .
$3,743,107 00
2,417,324 31
4,106,221 67
3,351,484 36
4,746,677 70
$1,948,459 15
1,632,318 81
2,565,519 76
1,670,848 80
1,878,713 47
^1, 794,647 85
785,005 50
1,540,701 91
1,680,635 56
2,867,964 23
1873.
1874.
1875.
1876.
,1877.
$6,248,465 33
5,347,725 51
6,28-2,107 90
4,051,285 93
3,617,659 35
$2,748,162 46
2,126,818 40
1,822,184 90
1,190,422 51
1,512,318 29
$3,500,302 87
3,220,907 11
4,459,923 00
2,860,863 42
2,105,341 06
Included in the operating expenses are the taxes on real estate in Pennsylvania,
as follows: 1867, $14,827.31; 1868, $11,442.65; 1869, $10,000; 1870, $14,695.50;
1871, $26,795.39; 1872, $39,758.99; 1873, $50,522.80; 1874, $23,726.12; 1875, $15,-
541.82 ; 1876, $5,812.90, as well as cost of steel rails.
EAILEOAD MANUAL OF THE UNITED STATES.
279
Abstract of train mileage, and passenger and freight movement for ten years :
Tear.
Passen-
ger
Train
Miles.
Freight
Train
Miles.
Coal
Train
Miles.
Total
Train
Miles.
Through
Passengers.
Total
Passen-
gers.
Passengers
Carried
One Mile.
Tons of
Freight.
Freight
Moved
One Mile.
1868
148,756
217330
1,688 871
2 054 957
3763
191 888
2 128 512
1869
155,103
280,207
1,384,943
1,820,253
3,134
189,988
1,993,946
1870
181,803
362,392
2,274,905
2,819,100
4,379
224,916
3,398,004
1871
238,336
584,811
1,624,859
2,448,006
5,717
234,108
2,363,568
1872
247,938
439,432
2,566,^90
3,254,260
6,414
249,578
3,347,671
1873
436,759
665,899
3,150,773
4,253,431
7,659
223,143
12,204,795
4,448,739
1874
263,777
406,134
2,287,129
2,957,040
9,577
637,575
13,363,093
3,653,763
211,741 634
1875
424,812
544,921
2,216,048
3 185 781
8598
587,847
11 176 135
3898344
229 499 212
1876
453,737
484,036
1,625,521
2,563,294
49,577
702,839
12,858,752
2,923,089
174,610 656
1877
421,893
556,369
1,616,991
2,595,253
7,126
467,519
8,722,409
2,922,803
168,693,921
The following statement shows the gross and net earnings of the company
proper, including the aggregate coal sales, for ten years :
Tear.
Gross
Earnings.
Net
Earnings.
Year.
Gross
Earnings.
Net
Earnings.
1865-66
$11,653,525 29
$686,078 97
1872
$21, 660,013 69
SI ,295,488 72
1866-67
11,902,571 48
804,696 11
1873
25,334 989 12
5,331 310 29
1867-68
12,141,209 35
1,654,763 08
1874
22,741,521 48
5,743,750 54
1868-69
14,924,010 41
1,759,595 47
1875
27,014,846 85
7,162,183 87
1869-70
20,011,300 95
2,164,019 50
1876
17,447,916 97
4,001,861 46
1871 (strike)
17,086,100 76
1,118,911 58
1877 (strike) . .
14 871 311 38
2,479 197 40
The net earnings from operations of all lines for year ending December 31, 1877,
were $4,401,858.39. Payments from net earnings, shown in net income account as
follows :
Receipts.
Balance on Hand December 31, 1876. . . $5,213,437 78
NetEarnings 4,401,85839
Payments.
Interest and Rents $3,387,219 34
Losses on Coal 1,922,660 99
$9,615,296 17 $5,309,880 33
Balance, to credit of income account, December 31, 1877, $4,305,415.84. Net loss
on all operations for year, $908,021.94.
Dividends of 20 per cent, in cash and 10 per cent, in stock were paid from earn-
ings and operations for 1863 ; 15 per cent, in cash, and 70 per cent, in stock, for 1864 ;
5 per cent, in cash for 1865 ; 10 per cent, cash, and 10 per cent, stock, for 1866 ; 10 per
cent, cash for each succeeding year, except 1871, to include 1875 ; and 5 per cent, for
1876. There was also a dividend of 6 per cent, in stock of Morris and Essex R. R.
for 1870.
General Balance, December 31, 1877.
Construction Account $28,817,018 44
Change of Gauge 804,864 78
Materials and Fuel 983,401 77
Stock and Bonds 4,608,400 84
$35,213,685 83
Capital Stock $26,200,000 00
FundedDebt 3,015,000 00
Liabilities, less Assets 1,693,169 99
Balance, Income Credit 4,305,415 84
$35,213,685 83
The stock and bonds are entered in the general balance at the current cash mar-
ket value. The par value is given at $5,596,887.09.
280 BAILROAD MANUAL OF THE UNITED STATES.
Abstract of general account of D., L. and W. R. R. for ten years :
Close of
Years.
Miles
of
Trac k.
to
B
f,
|
Cars.
Stock.
Bonds.
Other
Liabilities.
Total.
Cost of Road
and
Equipment.
Bills
Receivable,
etc.
1867-68
1868-69
1869-70
1871. .
1872. .
1873. .
1874. .
1875 .
1876. .
1877. .
215
215
217
223
230
314
314
314
322
322
98
103
124
128
128
153
152
152
153
158
6,743
7,514
8,895
11,198
10,418
12,645
13,659
15,336
15,733
15,848
$
14,100,000
14,100,000
18,808,850
18,858,850
20,000.000
23,500,000
23,500,000
25,889,000
26,200,000
26,200,000
$
3,683,000
3,308,000
3,308,000
2.744,000
5,394.000
6,872,200
8,151,200
2,831,100
2,821,100
13,015,000
1
1,008,161 95
2,190,000 00
2.650,000 00
4,319,917 90
4,239.544 73
4,501,769 26
4,884,237 57
3,923,085 36
4,281,555 75
4,681,240 87
$
18,791,161 95
19,598,000 00
24,766,850 00
25,922,767 90
29,633,544 73
35,775,769 26
36,535,237 57
32,643,185 36
33,295,655 75
33,896,240 87
$
14,064,884 00
14,671,491 43
18,616,936 22
19,897,394 13
21,252,218 05
27.081,303 25
27,588,723 23
27,871,799 61
29,520,365 54
29,621,833 22
1
2,060,736 21
2,630,780 39
2,911,112 01
3,157,936 61
3,401,240 02
2,988,070 88
The above figures include the cost of coal lands and improvements, together with
real estate and other permanent property owned at various places. The General
Balance for 1877 shows the balance of liabilities, after deducting bills receivable and
other assets.
Statement of funded debt of D., L. and W. R. R. Co. in detail :
Character of Bonds.
Date of
Bonds.
Rate.
Interest Pay-
able.
Principal
Payable.
Author-
ized.
Out-
standing.
2d Mortgage of 1881
Mar. 1, 1856.
June 1, 1872.
Sept. 1, 1877.
7
7
7
7
7
7
Mar. and Sept.
June and Dec.
Mar. and Sept.
« it
April and Oct.
May and Nov.
Mar. 1, 1881.
June 1, 1892.
Sept. 1, 1907.
Mar. 1, 1888.
Apr. 15, 1880.
May 15, 1890.
$2,600,000
5,000,000
10,000,000
398,900
417,300
7,000
$1,633,000
600,000
195,000
370,900
209,200
7,000
Convertible Bonds of 1892....
let Consolidated Mortgage . . .
L. and B. 1st Mortgage Ex. . .
" gd " °
(k U t(
The rentals paid on the leased lines are as follows : Oswego and Syracuse R. R.,
9 per cent, on its stock ; Utica, Chenango and Susquehanna Valley R. R., 6 per cent.;
Greene R. R., 6 per cent.; Valley R. R., 8 per cent.; Warren R. R., 7 per cent. ;
Newark and Bloomfield R. R., 6 per cent.; Morris and Essex R. R., 7 per cent., in
addition to the interest on the funded debt of these companies.
Managers (elected February 19, 1878). — Wm. E. Dodge and Moses Taylor, New
York City; Geo. Bulkley, Southport, Ct. ; John I. Blair, Blairstown, N. J.; S. B.
Chittenden, Geo. Bliss, Percy R. Pyue, and W. W. Phelps, New York City ; John
Brisbin, Newark, N. J. ; Wm. Ryle, Paterson, N. J. ; E. W. Holbrook, Wilson G.
Hunt, A. L. Dennis, and Benj. G. Clarke, New York City.
SAMUEL SLOAN, President New York City.
Percy R. Pyne, Vice-President " "
Sec. & Audt.—Fred.. F. Chambers. .New York City.
Treasure?- — F. H. Gibbens
Gen. Coal Supt.—W. R. Storrs Scranton, Pa.
Gen. Tkt. Agent— W. F. Hoi will.. New York City.
Gen. Fgt. Agent — B. A. Hegeman. .
Chief Engineer— James Archbald Scranton, Pa.
Supt. Bridges— S. Griffith Hoboken, N. J.
Master Car Repairs— R. McKenna... Scranton, Pa.
Superintendents— W '. F. Hallstead... Scranton, Pa.
A. Reasoner. . . .Hoboken, N. J.
W. G. Oakman Utica, N. Y.
W. B. Phelps Oswego, '
W. R. Humphrey Ithaca, '
Master Mechanic— Walter Dawson.. .Scranton, Pa.
W. H. Lewis Hoboken, N. J.
Chas. Graham . . .Kingston, N. Y.
Purchasing Agent— G. W. B. Cushing New York City.
PRINCIPAL OFFICE AND ADDRESS. .No. 26 Exchange Place, New York City.
RAILROAD MANUAL OF THE UNITED STATES.
281
EAST BEELIN BEANCH EAILEOAD.
Line of Road. — Red Hill, Pa., to East Berlin, Pa 7 miles.
Sidings, 0.5 mile. Gauge, 4 feet Si inches. Rail, 56 Ibs.
This road was opened in 1877. It is operated as a branch of the Hanover Junc-
tion, Hanover and Gettysburg R. R., but no statement is furnished of its operations
or financial condition.
A. W. EICHELBEKGER, President Hanover, Pa.
PRINCIPAL OFFICE AND^ ADDRESS East Berlin, Pa.
EAST BEOAD TOP EAILEOAD.
Line of Road. — Mount Union, Pa., to Robertsdale, Pa 30 miles.
Sidings, etc., 5.46 miles. Gauge, 3 feet. Rail, 40, 45, and 50 Ibs.
This company was chartered April 19, 1856, under the name of East Broad Top
R. R. and Coal Co., and the road opened in 1874.
Rolling1 Stock. — Locomotive engines, 6. Cars — passenger, 2 ; baggage, mail, and
express, 2 ; and freight (box, 13 ; truck, 25), 38 ; coal, ore, and stone, 136 ; caboose,
3 — total, 180 revenue cars.
Operations for year ending November 30, 1877. — Trains run — passenger, 22,844;
freight, etc., 71,263 — total, 94,107 miles. Passengers carried, 83,213; carried one
mile, 325,656. Freight moved, 71,179 ; moved one mile, 3,042,487 tons.
Earnings.
From Passengers $11,730 86
" Freight, etc 79,28266
$91,013 52
Expenditures.
For Maintenance of Way $10,413 68
" Transportation, etc 39,30284
$49,716 52
Balance — net earnings, $41,297.00. Payments from net earnings — dividends*
; interest, $36,823.38; taxes, $1,858.27— total, $39,181.65 ; surplus, $2,115.35.
Abstract of operations and financial condition for four years :
Years.
Miles
R. R.
Engines.
i
O
Train
Miles.
Passen-
gers.
Freight
Tons.
Gross
Ea r n-
ings.
Net
E ar n-
ings.
Capital
Stock.
Bonds.
Cost of
R. R., etc.
1873-74...
30
5
147
28,554
30,626
$24,983
$409,000
$388,000
$984,043
1874-75...
1875-76...
1876-77...
30
30
30
CO CO CO
149
180
180
67,993
97,811
94,107
33,130
36,321
33,213
72,017
73,197
71,179
67,619
[94,589
91,014
$27,910
42,315
41,297
505,760
545,583
568,400
500,000
500,000
500,000
1,025,511
1,037,671
1,043,972
Financial Statement, November 30, 1877. — Capital stock authorized, $650,000 ;
subscribed, $567,950 ; paid in, $568,400 ; funded debt, 1st mortgage 7 per cent, bonds,
due July 1, 1903, $500,000; floating debt, $4,346.54— total stock, bonds, and debt,
$1,072,836.54. Per contra : Expended for construction and equipment, $1,043,972.
I
282 EAILBOAD MANUAL OF THE UNITED STATES.
Directors (elected 1877).— A. Pardee, Jr., Hazleton, Pa. ; G. B. Markle, W. A.
Ingliam, F. A. Comly, E. Roberts, Jr., Percival Roberts, Chas. Hacker, E. R. Wood,
Philadelphia, Pa.
WILLIAM A. INGHAM, President Philadelphia.
Sec. and Treas.—^fm. B. Jacobs . . Philadelphia, Pa. | Supt.—A.. W. Sims Orbisonia, Pa.
PRINCIPAL OFFICE AND ADDRESS 320 Walnut Street, Philadelphia, Pa.
EDGEWOOD KAILKOAP.
Line of Road. — Edgewood Intersection, Pa., to Hampton Coal Fields, Pa., 1 mile.
Sidings, etc., 0.60 mile. Gauge, 4 feet 9 inches. Rail, 56 Ibs. to yard.
Rolling Stock. — Locomotive engine, 1.
Operations for year ending December 31, 1877. — Freight moved, 52,223 tons.
Gross earnings, $2,611.15. Operating expenses, $1,285.04. Balance, $1,326.11.
Financial Statement, December 31, 1877. — Capital stock paid in, $1 5,000 ;
floating debt, $14,262.12. Total stock and debt, $29,262.12. Cost of construction to
date, $27,431.23.
W. H. SHOENBERGER, President Pittsburg, Pa.
Secretary— Ed. P. Loy Pittsburg, Pa. | Treasurer— Thomas C. Dickson Pittsburg, Pa.
PRINCIPAL OFFICE AND ADDRESS Pittsburg, Pa.
EMLENTOIST, SHIPPENYILLE AND CLAKION KAILEOAD.
Line of Road. — Emlenton, Pa., to Clarion, Pa 29.75 miles.
Sidings, 1 mile. Gauge, 3 feet. Rail, 40 Ibs.
This road was completed in 1877. It connects with the Allegheny Valley R. R.
at Emlenton, and was built to accommodate the new oil regions about Clarion River.
No report of operations or financial condition is furnished.
J. BENNETT, President Emlenton, Pa.
Superintendent— J. V. Patton Emlenton, Pa. | Treasurer— J. W. Rowland Emlenton, Pa.
PRINCIPAL OFFICE AND ADDRESS Emlenton, Pa.
FOXBUKG, ST. PETEKSBUEG AND CLAEION EAILKOAD.
Line of Road. — Foxburg, Pa., to Jefferson City, Pa 12 miles
Sidings, etc., 1 mile. Gauge, 3 feet. Rail, 30 Ibs.
This road was opened in 1877, and was built to accommodate the new oil regions.
It connects at Jefferson City with the Emlenton, Shippenville and Clarion R. R.
WM. L. Fox, President Foxburg, Pa.
PRINCIPAL OFFICE AND ADDRESS Foxburg, Pa.
EAILEOAD MANUAL OF THE UNITED STATES.
283
GEEENLICK NAEEOW GAUGE EAILEOAD.
Line of Road. — Greenlick Junction, Pa., to Mt. Vernon, Pa 3.50 miles.
Sidings, etc., 0.25 mile. Gauge, 3 feet. Rail 24 and 30 Ibs. to yard.
This company was chartered in 1874, and road opened in February, 1876.
Boiling1 Stock.— Locomotive engine, 1. Cars — passenger, 1 ; freight, 17.
Operations for year ending December 31, 1877. — Trains run, 3,500 miles. Freight
moved, 18,267 tons. Earnings, $5,714.07. Operating expenses, $3,834.89 ; net earn-
ings, $1,879.18.
Financial Statement, December 31, 1877.— Capital stock paid in, $29,700.
Per contra : Cost of construction and equipment, $31,935.41.
G. H. EVERSON, President Scotsdale, Pa.
Secretary and Treasurer— Nathaniel Miles Scotsdale, Pa.
PRINCIPAL OFFICE AND ADDRESS Scotsdale, Pa.
HANOVER JUNCTION, HANOVEE & GETTYSBUEG E. E.
Line of Road. — Hanover Junction, Pa., to Gettysburg, Pa 30 miles.
Sidings, etc., 2.50 miles. Gauge, 4 feet 8| inches. Rail, 50 and 56 Ibs.
Company formed in 1874 by consolidation 'of Hanover Branch R. R. Co., char-
tered March 16, 1847, and Susquehanna, Gettysburg and Potomac R. R. Co., chartered
in 1869. Opened to its present terminus, December, 1870.
Boiling Stock. — Locomotive engines, 8. Cars — passenger, 6 ; baggage, mail, and
express, 2 ; freight (box, 19 ; other, 40), 59 — total, 67.
Operations for year ending December 31, 1877. — Trains run — passenger, 39,000 ;
and freight, 40,500 — total, 79,500 miles. Passengers carried, 46,897 ; carried one
mile, 768,447. Freight moved, 46,572 ; moved one mile, 559,440 tons.
Earnings.
From Passengers $22,445 21
" Freight, etc 33,51048
$55,955 68
Expenditures.
For Maintenance of Way $15,556 73
" Transportation, etc 27,374 86
$42,931 59
Balance — net earnings, $13,024.10. Payments — not reported.
Financial Statement, December 31, 1877. — Capital stock, $116,850 ; funded debt,
$132,300 ; floating debt, $11,000— total stock, bonds, and debt, $260,150. Per contra :
Road and equipment, $470,085,58.
A. W. EICHELBERGER, President Hanover, Pa.
Treasurer— R.. A. Eichelberger Hanover, Pa. | Superintendent— -H. A. Young Hanover, Pa.
PRINCIPAL OFFICE AND ADDRESS. Hanover, Pa.
284 BAILEOAD MANUAL OF THE UNITED STATES.
HANOVEE JUNCTION & SUSQUEHANNA E.E. (In Progress.)
Line of Road. — Hanover Junction, Pa., to Landisville, Pa 34 miles.
Some grading has been done, and it is intended to-open a part during the year.
Financial Statement, December 31, 1877. — Capital stock authorized, $250,000 ;
subscribed, $125,600; paid in, $61,205.30. Funded debt, $56,800; floating debt,
$39,084.09— total stock, bonds, and debt, $157,089.39. Expended to date, 143,742.98.
J. T. LINDENMUTH, President Marietta, Pa.
Secretary— J. S. Given Columbia, Pa. | Treasurer— H. Copenheffer Columbia, Pa.
PRINCIPAL OFFICE AND ADDRESS Columbia, Pa.
HAEEISBUEG AND POTOMAC EAILEOAD. (In Progress.)
Line of Road. — Harrisburg, Pa., to Waynesboro', Pa 60 miles.
In operation : Bowmansdale, Pa., to Longsdorf, Pa 23 "
Sidings, 3 miles. Gauge, 4 feet 9 inches. Rail, 56 Ibs. to yard.
There are also branches projected, aggregating 32 miles.
Boiling' Stock. — Locomotive engines, 1. Cars — passenger, 1 ; freight, 6.
Operations for year ending December 31, 1877. — Trains run, 16,589 miles. Pas-
sengers carried, 9,594. Freight moved, 35,373 tons. Gross earnings — from passen-
gers, $2,398.74 ; from freight, etc., $9,154.06— total, $11,552.80. Operating expenses,
$8,352.52. Net earnings, $3,200.35.
Financial Statement, December 31, 1877. — Capital stock authorized, unlimited ;
and paid in, $308,000 ; funded debt, $432,000 ; floating debt, $28,010— total stock
and debt, $768,010. Per contra: Cost of road and equipment, $789,558.71; real
estate, $77,692.36— total, $867,251.07.
DANIEL V. AHL, President Newville, Pa.
Superintendent— K. H. Middleton. . . .Newville, Pa. ] Treasurer— Asbury Derland. . .Boiling Springs, Pa,
PRINCIPAL OFFICE AND ADDRESS Newville, Pa.
HUNTINGDON AND BEOAD TOP MOUNTAIN E. E.
Line of Road. — Huntingdon, Pa., to Mount Dallas, Pa 45.00 miles.
Branches : Shoup's Run, 9.25 m. ; Six Mile Run, 4.5 in. ; Sandy Run,0.5 m.14.25 "
Total length of main line and branches operated 59.25 miles.
Sidings, 16.5 miles. Gauge, 4 feet 8£ inches. Rail, 56 and 60 Ibs. Steel rails, 4.5 miles.
This company was chartered May 6, 1852, and the road opened July 3, 1856. The
Bedford R. R. was consolidated with this, July 30, 1864.
KAILKOAD MANUAL OF THE UNITED STATES.
285
Rolling Stock. — Locomotive engines, 18. Cars — passenger, 4; baggage, mail,
and express, 4 ; freight (box, 13 ; coal, ore, and stone, 29), 42 — total, 50. Caboose, 9.
Other cars furnished by Pennsylvania Railroad Company and local coal operators.
Operations for year ending December 31, 1877. — Trains run — passenger, 53,164 ;
freight and coal, 136,926 — total, 180,000 miles. Passengers carried, 47,363 ; carried
one mile, 914,302. Freight moved, 388,316 ; moved one mile, 10,369,597 tons.
Earnings.
From Passengers $24,364 14
" Freight, etc 237,046 11
Expenditures.
For Maintenance of Way $45,558 84
" Transportation, etc 76,061 13
$261,410 25 $121,619 97
Balance — net earnings, $139,790.28. Payments from net earnings — interest, $63,-
616.97 ; miscellaneous, $29,713.05 ; construction, $14,637.82 ; damages, etc., $3,833.15;
total payments, $82,187.94. Balance — surplus, $27,889.29, applied to floating debt.
Abstract of operations and general account for ten years :
CD
E
Miles
<a
£3
CD
Train
Passen-
Freight
Gross
Net
Capital
Construc-
£
R. R.
'So
w
O
Miles.
gers.
Tons.
Earnings.
Earnings.
Stock.
Bonds.
tion.
1868.
55
13
103
152,874
27,812
296.895
$219,211
$80,051
$689,380
$1,810,045
$2,201,675 00
1869.
55
15
104
191,777 32,254
404,297
291,564
115,772
706,580
1,927,614
2,202,147 00
1870.
55
17
95
176,067
66,667
394,905
287,575
96,038
834,350
2,008,096
2,738,811 00
1871.
55
15
124
197,972
42,246
453,182
378,689
87,687
870,900
2,008,096
2,792,475 00
1872.
58
23
127
238,167
55,912
449,748
301,019
113.330
1,300,000
2,270,941
3,159,769 00
1873.
58
21
112
225,024
71,869
617,540
431,107
121,868
1,870,000
2,270,966
4,154,801 00
1874.
58
20
88
195,272
73,893
375,239
284,721
100,519
1,998,250
2,268,640
4,184,918 00
1875.
59
20
88
211,265
51,407
485,458
322,830
165,480
2,035,000
2,283,500
4,371,990 00
1876.
59
18
80
180,000
63,298
394,087
305,495
143,845
2,052,800
2,283,500
4,384,329 00
1877.
••
18
80
180,000
47,363
388,316
261,410
139,790
2,052,800
2,283,500
4,366,190 83
No dividends have heretofore been paid to holders of common stock. Dividends
on preferred stock were paid July, 1864, and January, 1865, each 3^ per cent.
General Balance, December 31, 1877.
Construction and Equipment $4,366,190 83
Running Expenses, etc 139,385 17
Real Estate, etc 52,406 93
Interest Account 203,843 55
Bonds 117,000 00
Sundry Accounts
Cash..
56,872 97
22,154 91
Stock, Common $930,000
" Preferred 1,122,800— $2,052,800 00
Funded Debt 2,283,500 00
Script 131,079 69
Freight, etc 261,410 25
Bills Payable, etc 228,76442
$4,957,554 36
Statement of funded debt in detail, December 31, 1877 :
$4,957,554 36
Date of
Interest.
Principal,
Amount
Character of Bonds.
Bonds.
Rate.
When Payable.
When Due.
Outstanding.
1st Mortgage
Oct. 1, 1870.
7
Apl. and Oct.
Sept. 30, 1890.
$416,000
2d Mortgage
7
Feb. and Aug.
Jan. 31, 1895.
367,500
3d Consolidated Mortgage
7
Apl. and Oct.
Mar. 31, 1895.
1,500,000
286
RAILROAD MANUAL OF THE UNITED STATES.
Directors (elected February 5, 1878).— Rathmell Wilson, John Devereux, T. R.
Patton, J. D. Rowland, I. V. Williamson, James Long, William Whitaker, C. W.
Wbarton, Joseph. H. Trotter, William P. Jenks, and Jacob Naylor, Philadelphia, Pa. ;
D. J. Morrell, Johnstown, Pa.
B. ANDREWS KNIGHT, President Philadelphia, Pa.
Treasurer and Secretary J. P. Aertsen. I Superintendent Geo. F. Gage.
Master Mechanic W. W. Coller. | Purchasing Agent Horace Kiiight, Phila., Pa.
General Agent E. F. Keever.
PRINCIPAL OFFICE AND ADDRESS Huntingdon, Pa.
Fiscal Agency (Secretary and Treasurer) Philadelphia, Pa. .^
IBONTON KAILROAD.
Line of Road. — Coplay, Pa., to Iron ton and Orefield, Pa 11 miles.
Sidings and other tracks, 2 miles. Gauge, 4 feet 8£ inches. Rail, 50 and 57 Ibs.
Rolling Stock. — Locomotive engines, 2. Cars owned by customers.
Operations for year ending December 31,1877. — Freight trains run, 9,500 miles.
Freight moved — anthracite coal, 7,537 ; iron and other ores, 47,689 ; stone and lime,
17,034; and other, 1,319— total, 82,079 tons. Gross (freight) earnings, $29,195.68.
Operating expenses, $15,245.10. Balance — net earnings, $13,950.60. Payments : In-
terest, $13,797.02 ; taxes, $633.59.
Financial Statement, December 31, 1877. — Capital stock authorized, $500,000 ;
paid in, $200,000; and funded debt 1st mortgage 6 per cent, gold bonds, $200,000;
floating debt, $23,071.18— total stock, bonds, and debt, $423,071.18. Per contra ; Road
and equipment, $268,000. Real estate, $26,055. Balance of stock, etc., used in
mining operations, etc.
ELI J. SAEGER, President Allentown, Pa.
Sec. and Treas.— Chas. S. Wurts Philadelphia. | Gen. Manager— Robert McAllister Allentown.
PRINCIPAL OFFICE AND ADDRESS Allentown, Pa.
JUNCTION (PENNSYLVANIA) EAILKOAD.
Line of Road. — Belmont to Gray's Ferry (Philadelphia) 3.676 miles.
Double track, 3.676 m. Sidings, 1.10 m. Gauge, 4 feet 8i in. Rail (steel), 67 Ibs.
This road forms the connection between the railroads terminating at Philadelphia.
Rolling Stock. — Furnished by other roads.
Operations for year ending December 31, 1877. — Trains run — passenger, 13,710 ;
freight, 45,700— total, 59,410 miles. Passengers carried, 850,650.
Earnings.
From Passengers $42,970 33
" Freight, etc 185,46566
$228,435 99
Expenditures.
For Operating Expenses $88,307 80
Balance— Net Earnings 140,128 19
$223,435 99
KATLROAD MANUAL OF THE UNITED STATES. 287
Payments from net income — dividend (40 per cent.), $100,000 ; interest, $50,983.-
79 ; taxes, $984.23 ; miscellaneous, $4,970.21— total, $245,246.03. Balance to credit
at close of preceding year, $31,973.03; payments in excess of net earnings, $16,810.04.
Financial Statement, December 31, 1877. — Capital stock authorized, and paid in,
$250,000. Funded debt, 1st mortgage 6 per cent. bonds, due 1882, $480,000 ; 2d mort-
gage 6 per cent, bonds, due 1900, $300,000— $780,000. Total stock and bonds, $1,-
030,000. Cost of road, $1,054,121.12.
Directors.— Isaac Hinckley, T. A. Scott, G. B. Roberts, Clias. E. Smith, and F.
B. Gowen, Philadelphia, Pa.
ISAAC HINCKLEY, President Philadelphia, Pa.
Secretary Joseph Lesley. | Treasurer John Tucker.
PRINCIPAL OFFICE AND ADDRESS Philadelphia, Pa.
KAENS CITY AND BUTLEE EAILEOAD.
Line of Road. — Earns City, Pa., to Butler, Pa 15 miles.
Sidings, etc., 1 mile. Gauge, 3 feet. Rail, 30 Ibs.
This road was opened in 1876 and is operated in connection with the Parker and
Earns City R. R.
All information in regard to its operations and financial condition is refused,
and the report of the company does not appear in the returns published by the State
of Pennsylvania.
S. D. EARNS, President Parker City.
Vice-president— H. K. Fullerton Parker City. | Supt.—W. C. Mobley Parker City.
PRINCIPAL OFFICE AND ADDRESS Parker City, Pa.
LANCASTEE AND EEADING NAEEOW GAUGE E. E.
(In Progress.)
Line of Road. — Lancaster, Pa., to Reading, Pa 34 miles.
Gauge, 3 feet.
A contract was made March 13, 1874, with the Philadelphia and Reading R. R.
Co. for the completion of the Quarry ville section of this road, and 15.3 miles have
been built on the gauge of 4 feet 8| inches ; and a lease for 999 years made to the
Reading and Columbia R. R. Co. No other part is built.
Financial Statement, December 31, 1877. — Capital stock authorized, $500,000 ;
subscribed, $123,750 ; paid in, $82,720 ; funded debt (1st mortgage 7 per cent, bonds,
due July 1, 1893), $350,000. Cost of construction to date, $142,041.43.
R. W. SHENK, President Lancaster, Pa.
Treasurer and Secretary W. Leaman. | Chief Engineer S. C. Slaymaker.
PRINCIPAL OFFICE AND ADDRESS Lancaster, Pa.
288 BAJLEOAD MANUAL OF THE UNITED STATES.
LAWEENCEVILLE AND EYEKGKEEN KAILKOAD
Line of Road.— Bennett, Pa., to Evergreen, Pa 2.61 miles.
Sidings, 0.8 mile. Gauge, 3 feet. Rail, 28 and 30 Ibs.
Opened November. 1873. Reorganized November 25, ,1874.
Boiling Stock. — Locomotive engines, 1. Cars — passenger, 1 ; and freight, 1.
Operations for year ending December 31, 1877. — Trains run — passenger, 16,380
miles. Passengers carried, 44,150; freight moved, 90 tons. Gross earnings, $4,941.12.
Operating expenses, $2,919.32; net earnings, $2,021.80; interest paid, $875.
Financial Statement, December 31, 1877. — Capital stock authorized, $25,000 ;
subscribed and paid in, $15,000 ; funded debt, 1st mortgage 7 per cent, bonds, due
May 1, 1878, $12,500 ; floating debt, $664.38— total, $28,164.38. $3,750 of the funded
debt is in dispute. Per contra : Construction and equipment, being cost to present
company, $12,381.86.
J. J. GILLESPIE, President Pittsburg, Pa.
Secretary and Treasurer— A. C. McCallum, Jr Pittsbnrg, Pa.
PRINCIPAL OFFICE AND ADDRESS Pittsburg, ?a.
LEHIGH VALLEY EAILKOAD.
Line of Road.— Perth Amboy, N. J., to Wilkesbarre, Pa 161.00 miles.
Branches, named below 130.26 "
Leased: Pa. and N. Y. R. R. (Wilkesbarre to Lackawanna Junction). . . 9.60 "
Total length of line owned, leased, and operated. 300.86 miles.
Double track, 155.19 miles. Sidings, 188.33 miles. Gauge, 4 feet 8-fc inches. Rail, 50,
58, 66, and 68 Ibs. Steel rails, 280.69 m. Total track (less 9.60 m. leased), 634.78 m.
This company was chartered as the Delaware, Lehigh, Schuylkill, and Susque-
hanna R. R. Co., April 23, 1846, and under its present title January 7, 1853. The
road originally extended from Phillipsburg, N. J., to Wilkesbarre, Pa., 101 miles,
and was completed in October, 1855. In 1868, the company purchased the Hazleton
and the Lehigh and Luzerne R. Rs., 38.27 miles, now operated as branches. In 1872,
they commenced the construction of the Easton and Amboy R. R., which was com-
pleted June 27, 1875, and is now treated as a portion of the company's line, though
built under a separate charter. The branches, as reported, are as follows : Penn
Haven to Audenried, 16.81 miles ; Hazle Creek to Tomhicken, with coal spurs, 33.78
miles; Lumberyard to Milnesville, 19.01 miles; Black Creek to Mount Carmel, with
coal tracks, 57.59 miles; Slatington to Slatedale, 3.30 miles. The Pennsylvania and
New York and the Geneva, Ithaca, and Sayre R. Rs. are operated in the interests of
this company, which owns a controlling interest in them, but they are separately
reported.
Rolling Stock. — Locomotive engines, 234. Cars — passenger, 72 ; baggage, mail,
and express, 36 ; and freight (box, 900 ; platform, 534 ; stock, 12 ; gondola, 309 ; lime,
44 ; coal, 24,495 ; other, 64), 26,357— total revenue cars, 26,465. Also, 1 pay car, 166
gravel cars, and 26 tool cars.
BAILROAD MANUAL OF THE UNITED STATES.
Abstract of rolling stock for ten years, November 30 :
289
1868.
1869.
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Engines
117
136
158
171
181
194
199
205
232
234
Passenger Cars. .
Bag'ge. etc., Cars
Merchandise Cars
Coal Cars
22
11
395
9,084
30
13
459
10,904
36
16
529
12,728
38
20
864
14,054
44
25
975
15,696
44
29
1,296
17,210
49
29
1,408
17,497
59
32
1,559
22,079
75
36
1,621
23,877
72
36
1,862
24495
Service, etc., Cars
46
28
60
70
78
81
144
186
181
193
Operations for year ending November 30, 1877. — Trains run — passenger, 655,-
771 ; freight, 894,147 ; coal, 2,000,741 ; other, 646,732— total, 4,197,391 miles. Pas-
sengers carried, 826,791 ; carried one mile, 16,657,397. Freight moved (coal, 4,885,579
tons ; merchandise, 1,953,121 tons)— total, 6,838,701 tons ; moved one mile, 397,328,937
tons.
Earnings,
From Passengers $391,160 96
" Freight— Merchandise 1,303,970 69
" Mail and Express 62,17922
" Coal 4,731,72575
Expenditures.
For Maintenance of Way $794,089 42
" RollingStock 1,091,43036
" Transportation 1,272,974 56
Miscellaneous 14,327 42
$6,488,036 62 $3,162,822 06
Balance — net earnings of R. R. (51.25 per cent.), $3,325,214.56. There were also
received from interest on investments, coal lands, etc., $612,182.32 — making total
income, $7,100,215.94, and net income, $3,937,396.88. Payments from net income —
dividends (5.5 per cent.), $1,502,356.50; interest on bonds, $1,526,057.60; taxes,
general expenses, interest on floating debt, etc., $847,693.18 — total payments, $3,876,
107.28, leaving a surplus of $61,289.60.
The average rate of charges on freight, from Mauch Chunk to Perth Amboy, 161
miles, was 98.75 cents per ton, against $1.70.4 for the preceding year. The rates of
freight per ton per mile are 1.51 cents lower than in 1867.
Of the operating expenses $2,165,760.73 were allotted to coal, $710,178.97 to
freight, and $286,882.36 to passengers, etc.
Abstract of operations of railroad for ten years :
Fiscal
Years.
Eoad and
Branches.
Train
Mileage.
Passen-
gers
Carried.
Coal
Moved.
Total
Freight
Moved.
Gross
Earnings.
Operating
Expenses.
Net
Eevenue.
Dividends.
1867-38.
1868-69.
1869-70.
1870-71.
1871-72.
1872-73.
199.84
199.84
220.86
225.56
230.08
230.08
1,748,791
2,226,474
3,033,642
3,033,642
3,676,851
688,584
753,479
847,096*
867,271
967,850
1,096,820
2,865,325
2,611,176
3,608,586
2,889,074
4,339,442
4 172 366
4,064,037
3,949,'238
5,421,227
4,462.819
6,307,604
6 401 222
$4,220.535 57
4,936,591 26
6,207,274 08
5,290,724 65
5,982,949 48
6 710 5H4 57
$2,829,606 37
3,030,310 07
4,026,662 94
3,462,029 78
3,869,686 98
3 884 859 97
$1,390,926 20
1,906,281 19
2,180,611 14
1,828,694 87
2,113,26-2 50
2,829,679 17
oooooc
1873-74.
1874-75.
1875-76 .
1876-77.
242.03
303.03
301.99
300.86
3,181,154
2,830,719
3,770,024
4,197,391
1,169,201
1,068,664
1,233,443
826,791
4,150,659
3,277,571
4,461,200
4,885,579
6,084,147
4,946,354
6,145,323
6,838,701
6,759,391 02
6,046,495 44
7,049,646 56
6,488,036 62
3,471,418 36
3,262,861 97
3,842,750 04
3,162,822 06
3,287,972 61
2,783,633 47
3,206,896 52
3,325,214 56
10
10
9
5i
Financial Statement, November 30, 1877.— Capital stock, $27,228,855 ; funded
debt, $24,301,000; floating debt, $635,813.80— total, $52,165,668.80. Per contra: Total
19
290
RAILBOAD MANUAL OF THE UNITED STATES.
cost of road, $15,246,270.49 ; and equipment, $8,411,221.04— total, $23,657,491.35. The
remainder of the capital account is represented by coal lands and other investments.
The advances to the Easton and Arnboy R. R. at close of year were $10,147,345.64.
The mortgage bonds of the Morris Canal Co., amounting to $785,000, were paid
by this company when due, April, 1876. That company created a new mortgage for
$1,000,000, and delivered the bonds to the L. V. R. R. Co. The sterling loan has been
reduced to $4,563,000 since the close of the fiscal year, by payment of 119 drawn
bonds, December 1, 1877. This is the only obligation of the company payable in gold.
The company own a majority of the common stock of the P. and N. Y. C. and R. R.
Co., as well as $3,977,400 of preferred stock. Of the Geneva, Ithaca, and Sayre R.
R. Co.'s (reorganized) stock of $850,000, subject to $600,000 1st mortgage bonds of the
Ithaca and Athens R. R. Co., theL. V. R. R. Co. hold $693,400.
During the year the company bought coal lands amounting to $292,500. The
Easton and Amboy R. R. Co. executed a mortgage of $10,000,000 on its entire propr
erty (bonds bearing 6 per cent, interest), of which $5,000,000 were delivered to the
Lehigh Valley R. R. Co. in partial payment of money advanced for construction.
The L. V. R. R. Co. also hold $5,000,000 stock of that company, the two represent-
ing the cost of the road, except a floating debt of $147,345.64.
Statement of the funded debt in detail, November 30, 1877 :
Date of
Interest.
Principal Pay-
Amount
Character of Bonds.
Bonds.
Rate.
Payable.
able.
Outstanding.
First Mortgage
June 1, 1868.
6
June and Dec.
June 1, 1898.
$5,000 000
Second Mortgage ($6,000,000)
Consolidated Mortgage
Sept. 1, 1870.
1874-75.
7
6
Mar. and Sept.
Jan. and July.
Sept. 1, 1910.
Dec. 1, 1923.
6,000,000
13 301 000
Of the consolidated mortgage bonds, $4,682,000 are sterling; $2,000,000 coupon;
5,185,000 registered; and $434,000 annuity.
Statement of tracks and equipment, and of general account yearly for ten years :
Close of
Years.
Miles of
Track.
En-
gines.
Cars.
Stock.
Bonds.
Debt.
Total.
Railroads and
Equipment.
1867-68.
1868-69.
1869-70.
1870-71.
1871-72
382.64
392.30
420.50
440.25
452.58
119
135
158
171
181
4,834
6,081
6,945
7,949
8,862
$16,058,050
16,060,650
18,159,400
18,158,600
21,468,800
$2,985,000
4,573,500
5,588,000
9,216,000
9,754,000
$1,013,563 25
1,943,189 25
414,417 16
645,142 12
$20,056,613 25
22,577,339 25
24,161,817 16
28,022,742 12
31,222,800 00
$17,541,a39 03
17,987,658 66
18,338,237 93
19,230,730 29
19,750,425 49
1872-73.
1873-74
462.11
486.66
194
199
18,575
18,921
21,916,850
24,419,250
10,875,000
16,a59,000
1,837,643 23
35,935,089 48
41,278,250 00
20,330,590 22
20,618,771 03
1874-75
619.50
205
23,721
27,092,297
22,129,000
49,221,297 50
21,846,165 88
1875-76 .
1876-77.
635.86
634.78
232
234
25,669
26,465
27,228,920
27,228,855
24,186,000
24,301,000
460,208 14
635,813 80
51,875,128 14
52,165,668 80
22.756,194 35
23,657,491 53
Directors (elected January 15, 1878). — Charles Hartshorne, William W. Long-
streth, William H. Gatzmer, Joseph Wharton, William A. Ingham, and J. Gillingham
Fell, Philadelphia, Pa. ; Ashbel Welch, Lainbertsville, N. J.; David Thomas, Cata-
KAILEOAD MANUAL OF THE UNITED STATES. 291
sauqua, Pa.; George B. Markle, and Ario Pardee, Hazleton, Pa.; William L. Conyng-
kam, Wilkesbarre, Pa. ; and Robert H. Say re, Bethlehem, Pa.
ASA PACKER, President Mauch Chunk, Pa.
Charles Hartshorne, Vice-President Philadelphia, Pa.
Treasurer — Lloyd Chamberlain Phila., Pa.
Secretary — John R. Fanshawe " "
Gen. Supt.andEnq.—R. H. Sayre.. Bethlehem, "
Asst. Gen. Supt.—B.. Stanley Goodwin..
Master Afech.—John I. Kinsey Easton, Pa.
Master Car Builder— E. R. Brown.. Packerton, "
Gen. Agent— W. H. Sayre Bethlehem, '•
Gen. Freight Agt.—John Taylor.. Mauch Chunk, "
Parch. Agt.—L. Chamberlain Philadelphia, Pa.
PRINCIPAL OFFTCF AND ADTOIESS iN°' 303 Walnut St-> Philadelphia, Pa.
I No. 238 S Third St " "
EASTON AND AMBOY EAILEOAD.
Line of Road. — Easton, Pa., to Amboy, N. J 60 miles.
Double track, 60 miles. Sidings, 39.43 miles. Gauge, 4 feet 8£ inches. Bail, 40,
50, and 66 Ibs. Steel rail, 65.35 miles.
This company was chartered in 1872, and the road opened June 22, 1875. It was
built by the Lehigh Valley R. R. Co., with which it is connected by a new iron bridge
over the Delaware River, at Phillipsburg. Cost of bridge to close of fiscal year,
$175,720.89.
The operations of this road are included in those of the Lehigh Valley R. R.,
which also furnishes the entire equipment. Its mileage is also included in that com-
pany's statement, and it maintains merely a formal existence. There were carried
over this portion of the line during the year ending November 30, 1877, 1,405,508
tons of coal. The gross earnings were, $1,070,752.18; operating expenses (48.75 per
cent.), $521,991.68, leaving as net earnings, $548,760.50. A mortgage of $10,000,000
was created during the year, of which the particulars are given in the statement of
the Lehigh Valley R. R.
Financial Statement, November 30, 1877.— Capital stock, $5,000,000, held by
Lehigh Valley R. R. Co. Funded debt, authorized, $10,000,000 ; issued, 1877, to
Lehigh Valley R. R. Co., $5, 000 ,000 6 percent, mortgage bonds ; floating debt, $147,-
345.64 — total, stock, bonds, and debt, $10,147,345.64. The cost of the road, as re-
ported to the State Comptroller, was $9,215,855. -
Directors and Officers.— Same as Lehigh Valley R. R. Co.
PENNSYLVANIA AND NEW YOEK EAILEOAD.
Line of Road. — Wilkesbarre, Pa., to State Line, N. Y 104.30 miles.
Branches and leased lines, named below 23.83 "
Total length of line owned, leased, and operated 128.13 miles.
Second track, 33.96 m. Sidings, 48.56 m. Gauge, 4 ft. 8| in. Rail, 58 and 60 Ibs.
Steel rails, 17.63 m.
292
EAILROAD MANTJAL OF THE UNITED STATES.
This company was chartered in 1867, and the road opened September 13, 1869.
Its full title is " Pennsylvania and New York Canal and Railroad Company." It forms
an extension of the Lehigh Valley R. R. to the New York connections of that road.
The L. V. R. R. Co. lease 9.6 miles between Wilkesbarre and Lackawanna Junc-
tion, and run their cars over the whole line of this R. R. From Waverly, a third rail
is laid to Elmira, 16 miles, over the Erie Railway, for the use of cars passing over this
road. The company also own an interest in the Buffalo Creek R. R., amounting to
$336,000. The branches are the Towanda, 2.71 miles ; Pleasant Valley, 5.82 miles;
Mill Creek, 2.61 miles ; Mineral Spring, 1.06 mile ; and Plainsville, 0.90 mile, and
connections with G., I. and S. and S. C. R. Rs., 7.02 miles. The company also leases
the Waverly and State Line R. R., 3.37 miles, including sidings.
Rolling Stock.— Locomotive engines, 50. Cars— box, 245 ; stock, 95 ; caboose,
32 ; platform, 57 ; gondola, 200 ; coal, 900 ; and gravel, etc., 34 — total, 1,563.
Operations for year ending November 30, 1877. — Trains run — passenger, 408,008 ;
freight and coal, 561,712— total, 969,720 miles. Passengers carried, 170,853 ; carried
one mile, 7,581,092. Coal moved— anthracite, 911,754 ; bituminous, 340,501 ; other
freight, 451,729— total, 1,703,984 tons of 2,000 Ibs ; carried one mile, 128,285,599 tons.
Earnings.
From Passengers $145,21349
41 Freight 422,044 58
«« Coal 935,95985
" Mail and Express, etc 12,905 10
Miscellaneous 46,26225
Expenditures.
For Maintenance of Way $269,936 19
" Boiling Stock 105,89444
" Transportation 521,691 05
Miscellaneous 1,84832
$1,562,385 2 7 $899,370 00
Balance — net earnings, 663,015.27. Payments from net earnings — State and other
taxes, $28,397.72; dividends, $350,000 ; interest, $210,000— total payments,
377.72. Balance— surplus, $74,637.55.
Abstract of operations for eight years :
Fiscal
Years.
Miles
R. K.
Passen-
gers.
Mileage.
Freight.
Mileage.
Gross
Earnings.
Net
Earnings.
Dividends,
Amount.
1869 70
106 57
163292
639 349
$949 686
$311,914
1870-71
113.45
187,119
862,605
1,271,226
a33,504
$194,977
1871-72
11642
190,309
1,268,531
1 608287
437,135
87,500
1872-73.
1873-74.
1874-75
127.13
129.39
12834
191,584
205,539
201,907
5,207,735
5,713,265
' 1,328,081
1,384,293
1,496,135
74,197,811
86,146,209
1,485,806
1,481,251
1,480,270
450,752
720,445
539,158
50,000
150,000
300,000
1875-76.
1876-77.
120.84
128.13
333,785
170,853
19,310,879
7,581,092
1,621,106
1,703,984
114,961,240
128,285,599
1,678,339
1,562.385
608,109
663,015
350,000
350,000
Financial Statement, November 30, 1877. — Capital stock — common ($50),
$1,061,700 ; and preferred ($100), $3,800,000— total, $4,861,700; funded debt, 1st
mortgage 7 per cent, bonds, due June 1, 1896, $1,500,000, and due June 1, 1906,
$1,500,000— total stock, bonds, and .debt, $7,861,700. Per contra : Construction,
$5,739,087.57; and equipment, $1,120,009.21— total cost of property, $6,859,096.78.
Directors (elected January 15, 1878). — Robert H. Sayre, Bethlehem, Pa. ; Asa
Packer, William W. Longstreth, and Charles Hartshorne, Philadelphia, Pa. ; Robert
A. Packer, Towanda, Pa. ; Victor E. Piollet, Wysox, Pa. ; Garrett B. Linderman, E.
P. Wilbur, Bethlehem, Pa. ; J. Henry Swoyer, Wilkesbarre, Pa. ; John J. Taylor,
KAILKOAD MANUAL OF THE UNITED STATES. 293
Owego, N. Y. ; Robert Lockhart, Bethlehem, Pa. ; Jolin'W. Hollenback, Wilkesbarre,
Pa. ; and William H. Sayre, Betlileliem, Pa.
ROBERT H. SAYRE, President Betlileliem. Pa.
Secretary and Treas.—C. Hartshorne.. .Phila., Pa. | Superintendent— Robert A. Packer... Towanda, Pa.
Auditor — John B. Garrett Philadelphia, Pa.
PRINCIPAL OFFICE AND ADDRESS Philadelphia, Pa.
WAYERLY AND STATE LINE RAILKOAD.
This road was opened January 26, 1875, and leased to the Pennsylvania and New
York R. R. Co. The road is 0.75 mile long, and connects that line with the Erie
Railway. The organization is merely formal.
Financial Statement, November 30, 1877. — Capital stock, $10,000; floating debt,
$54,398.05. Cost of road, $64,398.05. Lease rent, $600.
Officers, etc.— Same as Pa. and N. Y. R. R. and Canal Co.
LIGONIEK YALLEY KAILKOAD.
Line of Road.— Ligonier, Pa., to Latrobe, Pa 10.20 miles.
Sidings, 0.50 mile. Gauge, 3 feet. Rail, 30 Ibs.
This road was opened in 1877, but no report of operations is furnished.
Financial Statement, December, 1877.— Capital stock authorized, $100,000 ; sub-
scribed, $61,000 ; and paid in, $50,123.86 ; floating debt, $1,800— total stock and debt,
$51,923.86. Per contra: Cost of construction to date, $58,516.15.
S. H. BAKER, President Latrobe, Pa.
Superintendent^-'^. A. Mellon Pittsburg, Pa. | Sec. and Treas.—John Murdoch Ligonier, Pa.
PRINCIPAL OFFICE AND ADDRESS Ligonier, Pa.
LITTLE SAWMILL KUN KAILKOAD.
Line of Road. — Pittsburg, Pa., to Banksville, Pa 3 miles.
Sidings and other tracks, 1 mile. Gauge, 4 feet Si inches. Rail, 53 and 56 Ibs.
Rolling Stock. — Locomotive engines, 3. Cars— passenger, 1 ; coal, 66.
Operations for year ending December 31, 1877. — Trains run, 17,500 miles. Pas-
sengers carried, 17,271. Coal moved, 119,251 tons; moved one mile, 357,753 tons.
Earnings — passenger, $1,548.55; freight, etc., $24,966.51— total, $28,681.69.
Operating expenses, $21,675.76. Net earnings, $7,005.93. Payments — interest,
$5,600 ; dividends, $5,000 ; miscellaneous, $2,350.12. Surplus at end of year, $5,506.55.
Financial Statement, December 31, 1877.— Capital stock paid in, $100,000;
funded debt, 1st mortgage 7 per cent, bonds, due 1884, $80,000 ; and floating debt,
294 BAILEOAD MANUAL OF THE UNITED STATES.
$2,592.94 — total stock, bonds, and debt, $182,592.94. Per contra: Construction and
equipment, $137,076.39 ; and real estate, $100,000.
JOHN S. HOLLINSHEAD, Pres. and Gen. Manager. . . .Pittsburg, Pa.
Secretary— C. S. Fetterman Pittsburg, Pa. | Treasurer— J. Henrici Economy, Pa.
PRINCIPAL OFFICE AND ADDRESS Pittsburg, Pa.
McKEAN AND BUFFALO RAILROAD.
Line of Road. — Larabee, Pa., to Clermont, Pa 22.15 miles.
Opened 1875. Sidings, 4.65 miles. Gauge, 4 feet 8i inches. Rail, 62 Ibs.
Rolling1 Stock. — Locomotive engine, 1. Cars — passenger, 1 ; baggage, 1 ; coal, 4.
Operations for year ending December 31, 1877. — Trains run — 29,016 miles.
Passengers carried, 12,826. Freight moved, 75,982 tons. Earnings from passengers,
$4,002.03 ; from freight, etc., $47,265.86— total, $51,267.89. Operating expenses, $21,-
946.38. Net earnings, $29,321.51. Payments— interest, $48,197.07; taxes, $116.04.
Financial Statement, December 31, 1877. — Capital stock authorized, $400,000;
paid in, $387,600 ; funded debt, $398,000 ; floating debt, $69,776.16— total stock, bonds,
and debt, $855,376.16. Paid on account of construction, $833,110.88.
BYRON D. HAMLIN, President Smethport, Pa.
Superintendent— S. V. Godden Smethport, Pa. | Treasurer— W. T. Wilson Buffalo, N. Y.
PRINCIPAL OFFICE AND ADDRESS Smethport, Pa.
MONONGAHELA INCLINED PLANE EAILEOAD.
Line of Road.— In the City of Pittsburg, Pa 640 feet.
Double track, 640 feet. Gauge, 5 feet. Rail, 45 Ibs. Angle of incline, 35 degrees.
Motive Power. — Stationary engines, 2. Cars — passenger, 2.
Operations for year ending December 31, 1877. — Passengers carried, 334,604.
Earnings -passenger, $15,314.02; other, $168.11— total, $15,482.13. Operating ex-
penses, $8,580.87. Net earnings, $6,901.26. Dividends (8 per cent.), $6,000. Taxes,
$960.
Financial Statement, December 31, 1877. — Capital stock, $75,000. Cost of road,
$81,567.09. Real estate, $4,500.
SAMUEL HARPER, President and Superintendent Pittsburg, Pa.
PRINCIPAL OFFICE AND ADDRESS Pittsburg Pa.
MONT ALTO RAILROAD.
Line of Road. — Cumberland Valley R. R. Junction to Mont Alto, Pa. . .10.5 miles.
Opened 1872. Sidings, 1.55 mile. Gauge, 4 feet 9 inches. Rail, 50 Ibs.
BAILBOAD MANUAL OF THE UNITED STATES. 295
Rolling Stock. — Locomotive engine, 1. Cars — passenger, 1 ; freight, etc., 2.
Operations for year ending November 30, 1877. — Trains run — 16,136 miles.
Passengers carried, 28,679. Freight moved (principally coal, iron, and ores), 6,174 tons.
Earnings— from passengers, $5,518.04 ; from freight, $3,532.04— total, $9,050.08.
Operating expenses, $8,289.89 ; balance — net earnings, $760. 19. Interest, etc., $8,744.13.
Financial Statement, November 30, 1877. — Capital stock authorized, $500,000 ;
paid in, $110,000 ; funded debt, 1st mortgage 7 per cent, bonds, due 1896, $125,000—
total, $235,000. Cost of road and equipment, $236,674.34.
ISAAC S. WATERMAN, President Philadelphia, Pa.
Sec. and Treas.—W. J. Barr Philadelphia, Pa. [ Eng. and Supt.—G. B. Wiestling.. .Mont Alto, Pa.
PRINCIPAL OFFICE AND ADDRESS Philadelphia, Pa.
MONTKOSE KAILKOAD.
Line of Road. — Montrose, Pa., to Tunkhannock, Pa 28 miles .
Opened 1873. Sidings, etc., 1.5 mile. Gauge, 3 feet. Rail, 40 Ibs.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 2; baggage, mail, and
express, 1 ; and freight, 14 — total revenue cars, 17.
Operations for year ending December 31, 1877. — Trains run, 25,056 miles. Pas-
sengers carried, 12,104. Freight moved, 7,463 tons.
Earnings — from passengers, $6,202.98 ; freight, etc., $12,958.74— total, $19,161.-
72. Operating expenses, $14,762.78 ; balance, net earnings, $4,398.94. Payments —
taxes, $173.58 ; interest, $3,143 ; miscellaneous, $565.08.
Financial Statement, December 31,1877. — Capital stock authorized, $500,000;
subscribed, $319,600; paid in, $305,213.58; funded debt, 1st mortgage 7 percent,
bonds, due 1892, $44,900 -total stock and bonds, $350,113.58. Per contra : Con-
struction and equipment, $349,646.19.
JAMES J. BLAKESLEE, President Mauch Chunk, Pa.
Secretary— Charles L. Brown.. Montrose, Pa. | Treasurer— W. H. Cooper Montrose, Pa.
PRINCIPAL OFFICE AND ADDRESS Montrose, Pa.
MOUNT OLIYEE INCLINE KAILEOAD.
Line of Road.— In Pittsburg, Pa 1,600 feet.
Double track, 1,600 feet. Gauge, 5 feet. Rail, 20 Ibs.
Motive Power. — Stationary engines. 2. Cars — passenger, 2.
Operations for year ending December 31, 1877. — Trains run — passenger, 23,000.
Passengers carried, 185,354. Earnings, $8,905.59. Operating expenses, $5,863.38.
Net earnings, $3,042.21. Interest paid, $4,795.13.
Financial Statement, December 31, 1877.— Capital stock, $24,330 ; funded debt,
1st mortgage 8 per cent, bonds, $47,500 ; 2d mortgage, ditto, $9,500— total, $57,000 ;
296 RAILKOAD MANUAL OP THE UNITED STATES.
floating debt, $4,579.78. Total stock, bonds, and debt, $85,912.78. Per contra : Cost
of road and equipment, $82,568.86.
C. J. SCHULTZ, President Pittsburg, Pa.
Secretary and Treasurer— J '. P. Beech Pittsburg, Pa.
PRINCIPAL OFFICE AND ADDRESS Pittsburg, Pa.
MUNCY CEEEK EAILEOAD. (In Progress.)
Line of Road. — Hall's Station, Pa., to Bernice, Pa 40.0 miles.
In operation : Hughesville to Catawissa Junction 7.5 "
Sidings, 0.5 mile. Gauge, 4 feet 8£ inches. Rail, 36, 40, 50, and 56 Ibs.
The grading is completed for a further distance of 8 miles.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 2.
Operations for year ending December 31, 1877. — Trains run, 7,512 miles. Pas-
sengers carried, 6,064 ; freight moved, 13,187 tons. Earnings from passengers,
$1,661.52; freight, etc., $6,908.18— total, $8,569.70. Operating expenses, $6,298.
Balance — net earnings, $2,271.70. Disposition of net earnings not reported.
Financial Statement, December 31, 1877. — Capital stock authorized, $2,000,000 ;
paid in, $124,450 : funded debt 1st mortgage 7 per cent, bonds, $150,000 ; floating
debt (including past due coupons), $45,000 — total stock, bonds, and debt, $319,450.
Per contra : Cost of railroad and equipment, $156,400. Real estate owned, $100,000.
MICHAEL MEYLERT, President La Porte, Pa.
Secretary— T)e Witt Bodine Hughesville, Pa. j Treasurer— M. Steck Haghesville, Pa.
Superintendent— H. R Mehrling . .Hughesville, Pa.
PRINCIPAL OFFICE AND ADDRESS Hughesville, Pa.
NEW CASTLE EAILEOAD (AND MINING CO.). (In Progress.)
Line of Road.— New Castle, Pa., to Hainesville, Pa about 27.00 miles.
In operation : New Castle, Pa 3.75 "
Sidings, 0.75 mile. Gauge, 3 feet 6 inches. Rail, 35 Ibs.
Reorganization of Neshannock R. R. and Coal Co. Chiefly a coal road.
Rolling Stock. — Locomotive engines, 3.
Operations. — None reported. Freight moved, 11,726 tons of coal.
Financial Statement, December 31, 1877.— Capital stock, $100,000 ; floating debt,
$6,336.66— total, $106,336.66, being cost of R. R. to present owners.
JOSHUA RHODES, President Pittsburg, Pa.
Secretary and Treasurer, T. F. Stryker New Castle, Pa.
PRINCIPAL OFFICE AND ADDRESS New Castle, Pa.
BAILKOAD MANUAL OF THE UNITED STATES. 297
NEW CASTLE AND FKANKLIN KAILKOAD.
Line of Road. — New Castle, Pa., to Stoneboro', Pa 36.25 miles.
Opened 1875. Sidings, etc., 1.60 mile. Gauge, 4 feet 9 inclies. Rail, 56 Ibs.
Rolling Stock. — Locomotive engines, 3. Cars — passenger, 2 ; freight, 15.
Operations for year ending December 31, 1877. — Trains run— passenger, 26,932
miles. Passengers carried, 44,432. Freight moved, 42,562 tons. Gross earnings,
$52,005.71 ; operating expenses, $30,363.30; net earnings, $21,642.41.
Payments — Not reported.
Financial Statement, October 31, 1877. — Capital stock subscribed, $364,750 ; paid
in, $335,150. Funded debt, 1st mortgage 7 per cent, bonds, due August 1, 1902, $484,-
000 ; floating debt, $215,419.18. Total stock, bonds, and debt, $1,034,567.18. Per con-
tra : Cost of construction, $987,019.03; equipment, $52,137.24— total, $1,039,156.27.
CYRUS CLARKE, President and Treasurer New Castle, Pa.
George C. Reis, Vice-President " "
Superintendent— A. Vandivort New Castle, Pa. | Auditor and Sec.— 3, W. Power. . .New Castle, Pa.
PRINCIPAL OFFICE AND ADDRESS New Castle, Pa.
NORTH PENNSYLVANIA EAILEOAD.
Line of Road. — Philadelphia, Pa., to Bethlehem, Pa .55.60 miles.
Branches, named below 32.60 "
Leased lines, named below 20.13 "
Total length of line owned, leased, and operated 108.33 miles.
Second track, 46.8 m. Sidings, 31.3 m. Gauge, 4 ft. 8i in. Rail, 56 to 66 Ibs. Steel
rails, 37.5 m.
This company was chartered April 8, 1852, as the Philadelphia, Easton and Water
Gap R. R. Co., and under present title, October 3, 1852. It was originally intended
to build a line to Waverly. The road was opened to Bethlehem July 7, 1857. The
branches are from Hillerstown to Shimersville, 1.8 mile; from Lonsdale to Doyles-
town, 10.3 miles, and the Delaware River Branch from Jenkintown to Yardleyville,
20.5 miles. The latter forms a portion of the "New York and Philadelphia New
Line," and is laid with double track and steel rails. It cost, including bridge,
$1,830,657.98. The leased lines are the Northeast Pennsylvania R. R., 9.8 miles,
and the Stony Creek R. R., 10.3 miles.
Rolling Stock. — Locomotive engines, 57. Cars — passenger, 69 ; baggage, mail,
and express, 28 ; and freight, 664 ; coal, 509 — total revenue cars, 1,270.
Operations for year ending October 31, 1877.— Trains run— passenger, 693,264 ;
298
KAILROAD MANUAL OF THE UNITED STATES.
freight, 358,479 — total, 1,051,743 miles. Passengers carried, 1,368,498 ; carried one
mile, 26,744,872. Freight moved, 858,467 tons ; moved one mile, 33,691,162 tons.
Earnings.
From Passengers $626,265 78
" Coal 194,21188
" Freight 621,742 50
" Mail 5,84640
Miscellaneous ... 34,638 64
$1,482,705 20
Expenditures.
For Maintenance of Way $166,670 48
" Rolling Stock 109,37036
" Fuel, etc 96,01932
" Transportation 508,50409
Miscellaneous 40,094 11
$920,658 36
Balance — net earnings, $562,046.84. Payments from net earnings — interest, less
interest received, $495,813.25. Balance, surplus, $66,233.39. The balance of credit
of profit and loss at close of the year was $215,009.30; making total surplus, $271,-
398.07. Two dividends of 3 per cent, each, one in cash, $121,312.50, one in scrip,
were paid.
Abstract of operations for ten years :
Fiscal
Years.
Train
Mileage.
Passen-
gers.
Mileage.
Freight
Tons.
Mileage.
Gross
Earnings.
Net
Earnings.
Surplus
after Inter-
est, Taxes,
etc.
1867-68..
1868-69.
1869-70.
1870-71.
1871-72.
421,267
460,243
595,393
529,562
617,092
740,911
771,984
796,457
829,651
889 571
13,769,562
14,355,308
15,161,008
15,758,763
476,334
552,771
827,679
666,476
880,119
18,172,078
20,252,516
22,586,829
21,237,685
$1,015,394 29
1,132,731 14
1,355,508 92
1,178,200 23
1,336 938 36
$437,931 41
492,468 83
625,532 97
530,541 29
604 109 09
$182,792 70
216,699 07
273,936 12
194,206 18
257,878 73
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
709,286
736,775
825,860
1,012.006
1,051,743
984,723
1,052,859
1,067,494
1,660,084
1,368,498
17,763,827
18,888,210
18,743,201
39,928,774
26,744,872
996,213
865,307
912,003
839,131
858,467
35,869,531
32,761,375
36,757,567
34,195,474
33,691,162
1,477,540 08
1,424,463 18
1,417,734 61
1,675,865 91
1,482,705 20
545,966 18
594,737 55
512,192 34
786,519 13
562,046 84
195,644 64
233,209 60
160,527 01
346,403 89
66,233 39
The company declared a scrip dividend of 5 per cent., convertible into 7 per cent,
mortgage bonds, for the years 1866-67, 1867-68, and 1868-69 ; and one of 5 per cent.,
convertible into stock, for 1869-70, 1870-71, 1871-72, 1872-73, and 1873-74, and one
of 3 percent., 1876-77. Cash dividends were paid for the years 1874-75 (8 percent.),
amounting to $314,934.50 ; and 1875-76 (6 per cent.), amounting to $239,347.50 ; and
1876-77 (3 per cent.), amounting to $121,312.50.
General Balance, October 31, 1877.
Construction $5,816,715 16
Equipment 1,745,438 35
Depots, Shops, and Stations 671,371 37
Stores and Real Estate 1,405,80690
Stocks, Bonds, etc 120,110 00
Telegraph, Leased Lines, etc 555,123 42
Delaware River Branch 1,830,657 98
Cash and Loans 152,414 24
$12,297,637 42
Capital Stock $4,043,750 00
Six per cent. Bonds 1,930,350 00
Seven per cent. Bonds 1,500,000 00
General Mortgage 7 per cent. Bonds.. 2,569.500 00
Scrip and Unpaid Coupons 236,493 00
Ground Rents and Mortgages 489,495 21
Bills Payable 1,256,501 14
Profit and Loss 271,398 07
$12,297,637 42
KALLROAD MANUAL OF THE UNITED STATES.
299
Abstract of general balances yearly (October 31), for seven years :
Specifications.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Railroad Owned. .. . .Miles.
664
667
667
66.7
66.7
88.2
882
Railroad Tracks Owned "
Locomotive Engines
109.9
37
114.4
39
116.2
42
138.6
49
141.3
52
165.3
57
166.3
57
Passenger Cars
35
42
48
56
69
69
Baggage, Mail, etc., Cars . . .
Freight, Stock, etc., Cars
Capital Stock
18
684
$
3,302,600
*
3,473 500
21
908
8
3,596,500
26
948
$
3,699,450
24
1,113
$
3,978,150
28
1,173
$
4,000,100
28
1,173
4,043,750
Funded Debt
3,943,500
4,042.500
4,456,000
5,330,000
5,825,500
5,985,000
6,014,000
Bills Payable
125,539
63394
252,985
835,736
1,126,567
Convertible Scrip
13,450
9,535
86,825
163,337
156,727
156,195
232,386
Interest Due ana Unpaid. . . .
13,975
2532
3,255
4,107
Ground Rents, etc
389 532
403 737
404 237
415,643
414,743
449,784
475,495
Current Accounts
163,285
114 377
130,443
129,982
253,964
192,367
129,934
Profit and Loss
386,725
479,107
462,195
514,372
367,153
454,357
271,398
Total Liabilities
8,338,605
8,588,683
9,392,441
10,252,784
10,996,237
12,073,539
12,297,637
Railroad
5,443,037
5,552,815
5,597,179
5,625,700
5,664,769
5,799,915
5,816,715
Equipment
1,166,187
1,208,779
I,2a5,451
1,411,867
1,533,540
1,743,900
1,745,438
Real Estate, etc
1,363,977
1,524,750
1,567,582
1,610,411
1,625,255
1,820,933
1,958,210
Other R. RB
62,250
333,642
1,270,148
2,000,825
2,098,774
R. R. Stocks, etc
123,335
720,267
151,150
124,167
120,110
Materials and Fuel
132,836
87,205
143,814
144,130
342,825
137,067
118,968
Other Assets
12,229
9,365
122.585
11,867
12,785
12,806
Bills Receivable
26,049
77,675
100,000
371,379
251,379
91,800
27,401
Current Accounts
25,386
19,086
22,822
54,988
56,892
183,622
263,601
Cash on Hand
168,904
46,758
86,667
314.082
88,412
158,526
135,614
Total Property and Assets
8,338,605
8,588,683
9,392,441
10,252,784
10,996,237
12,073,539
12,297,637
Statement of funded debt in detail, October 31, 1877 :
Character of Bonds.
Rate.
Interest
Payable.
Principal,
When Due.
Amount
Authorized.
Amount
Out-
standing.
Six per cent. Bonds
6
Jan. and July.
Jan. 1, 1885.
$2,500,000
$1,930,350
Seven per cent. Bonds
7
May and Nov.
May 1, 1896.
1,500,000
1,500,000
General Mortgage Bonds
7
Jan. and July.
Jan. 1, 1903.
6,000,000
2,569,500
Income Bonds
14,000
The company has aided by advances several connecting railroads in process of
construction. The advances to the Stony Creek R. R. at the close of the year were
$116,520.19, and to the Northeast Pennsylvania, $104,873.63, in addition to the amount
invested in their stocks and bonds. The 10 per cent, chattel mortgage was paid dur-
ing the year, and 7 per cent, general mortgage bonds were substituted therefor.
The Delaware River Branch is operated under an agreement with the Delaware
and Bound Brook R. R. Co. and the Central R. R. Co. of New Jersey, by which each
of the parties in interest furnishes its pro rata of equipment, and by a similar division
of earnings and expenses.
Directors (elected January 14, 1878). — Franklin A. Comly, John Jordan, Jr., J.
Gillingham Fell, William C. Ludwig, Ell wood Shannon, Edward C. Knight, Alfred
300 BAILROAD MANUAL OF THE UNITED STATES.
Hunt, Charles A. Sparks, James'H. Stevenson, Ario Pardee, and Thomas Smith, Phila-
delphia, Pa. City Directors — Jacob Riegel and R. J. Dobbins.
FRANKLIN A. COMLY, President Philadelphia. Pa.
Secretary John S . "W ise.
Treasurer William Wister.
Engineer and Supt Solomon W. Roberts.
General Freight and Ticket Agt Ellis Clark.
Master of Road J. H. Ainsworth.
Master of Transportation A. H. Fracker.
Master Mechanic Franklin Roop.
Auditor and Ass't Parch. Agt F. H. Iddings.
PRINCIPAL OFFICE AND ADDRESS.. No. 407 Walnut Street, Philadelphia, Pa.
NOETHEAST PENNSYLVANIA EAILEOAD.
Line of Road.— Abington, Pa. (N. P. R. R.), to Hartsville, Pa 9.8 miles.
Sidings, 1 mile. Gauge, 4 feet 8£ inches. Rail, 50 and 58 Ibs.
Completed November 9, 1873. Operated by North Pennsylvania R. R. Co.
Hulling Stock. — Furnished by North Pennsylvania R. R. Co.
Operations for year ending October 31, 1877. — Trains run — passenger, 27,120 ;
other, 3,130 — total, 30,250 miles. Passengers carried, 83,063; carried one mile, 565,-
444. Freight moved, 20,771 tons ; moved one mile, 127,814 tons. Earnings — from pas-
sengers, $13,642.62; from freight, etc., $9,213.09— total, $22,855.71. Operating ex-
penses paid by No. Penn. R. R. Co. Payments — interest on funded debt, $11,200;
taxes, $153.21— total, $11,353.21. Balance, to lessees, $11,502.50.
Financial Statement, October 31, 1877. — Capital stock paid in, $81,550 ; funded
debt, $160,000; advances by N. P. R. R. Co., $104,873.63— total stock, bonds, and
debt, $346,423.63. Cost of road and equipment, $297,267.08 ; cash on hand, $2,603.35.
The funded debt consists of 1st mortgage 7 per cent, bonds, dated January 1, 1872,
payable, principal, January 1, 1892, and interest, semi-annually, 1st of January and
July.
F. A. COMLY, President Philadelphia, Pa.
Secretary and Treasurer — J. S. Wise .Philadelphia, Pa.
PRINCIPAL OFFICE AND ADDRESS 407 Walnut Street, Philadelphia, Pa.
STONY CKEEK EAILEOAD.
Line of Road. — Lonsdale, Pa. (K P. R. R.), to Norristown, Pa 10.33 miles.
Gauge, 4 feet 8i inches. Rail, 58 Ibs.
This road was opened January 1, 1874. It forms direct connection with the
Doylestown Branch of the North Pennsylvania R. R.
Rolling Stock. — Furnished by the North Pennsylvania R. R. Co.
Operations for year ending October 31, 1877. — Trains run, 16,662 miles. Passen-
gers carried, 42,889. Freight moved, 14,021 tons. Earnings — from passengers,
$8,270.91; from freight, $6,079.56; rents, etc., $1,548.17— total earnings, $15,898.64.
Operating expenses paid by lessees. Interest, $24,500 ; taxes, $446.68. Balance by
lessees.
Financial Statement, October 31, 1877. — Capital stock, $144,100; funded debt,
$350,000; floating debt, $116,520.19 — total stock, bonds, and debt, representing cost
of road, $610,620.19.
Officers. — Same as North Pennsylvania R. R. Co.
PRINCIPAL OFFICE AND ADDRESS 407 Walnut Street, Philadelphia.
KA1LEOAD MANUAL OF THE UNITED STATES.
301
NOKTHEKN CEKTKAL EAILWAY.
Line of Road. — Baltimore, Md., to Sunbury, Pa 137.66 miles.
Branches, named below 13.00 "
Leased lines, named below 166.81 "
Total length, of line owned, leased, and operated 317.47 miles.
Second track, 79.80 miles. Sidings, main and branch, 71.79 ; leased lines, 57.62 miles.
Total track, 526.48 m. Gauge, 4 ft. 9 in. Rail, 60 and 64 Ibs. Steel rails, 125.02 m.
The Northern Central Railway Company, as at present organized, was chartered
by acts of the Legislatures of Maryland and Pennsylvania, passed respectively March
10 and May 3, 1854. These acts took effect January 1, 1855. The road, under these
acts, is made up of the consolidation of various lines, as follows :
The Baltimore and Susquehanna R. R. Company was chartered February 13,
1828, to build a railroad from Baltimore to the Pennsylvania Line, 25 miles. This
road was completed early in 1838.
The York and Maryland Line R. R. Co. was chartered March 14, 1832, and road from
York to a connection with the B. and S. R. R., 22 miles, was completed August, 1838.
The York and Cumberland R. R. Co. was chartered April 21, 1846, and road
opened from York to Bridgeport, opposite Harrisburg, 25 miles, February, 1851.
The last two roads were operated by the B. and S. R. R. Co. until the organiza-
tion of the Northern Central.
The Susquehanna Railroad, from Harrisburg to Sunbury, was chartered April 14,
1851, but was not completed until after the N. C. Ry. Co. was chartered, into which
it was absorbed, and was opened to Sunbury, 50 miles, August 1, 1858. At Sunbury
connection is made with the Philadelphia and Erie R. R., over whose line this com-
pany operates to Williamsport, 40 miles. Here, also, the Shamokin Valley and
Pottsville R. R. branches. At Williamsport connection is made with the Elniira and
Williamsport R. R., and through that with the other leased lines.
Statement of lines owned, leased, and controlled :
Name of R. R.
Main Line.
2d Track.
Sidings.
Total.
Northern Central Railway
137 66
79.80
72.32
289.78
Canton Extension . ....
4 50
4.50
Green Spring Branch
8 50
1.28
9.78
Total of Lines Owned ...,
150 66
79.80
73.60
304.06
Leased Lines:
Shamokin Valley and Pottsville R. R
27 30
14.91
42.21
Philadelphia and Erie R. R
40 00
40.00
Elmira and Williamsport R R
75 45
23.97
99.42
Chemung R. R
17 36
4.40
21.76
Elmira, Jefferson and Canandaigua R. R
46.70
10.25
56.95
Total Leased Lines
206.81
53.56
260.33
Total Lines Operated
357.47
79.80
117.99
564.39
For convenience the road is operated in four divisions : the Baltimore Division,
100. 01 miles; the Susquehanna, 46.15 miles"? the Shamokin, 27.3 miles; and the
302
RAILROAD MANUAL OF THE UNITED STATES.
Elmira and Canandaigua Division, 139.51 miles. The mileage of the P. and E. R. R.
is not here included.
Boiling Stock. — Locomotive engines — on Baltimore Division, 61 ; on Elmira Di-
vision, 53 ; and on Susquehanna and Shamokin Division, 38 — total, 152. Cars — pas-
senger, 69 ; baggage, mail, and express, 42 ; freight (box, 1,013 ; gondola, 527 ; stock,
152 ; coal, 4,154; stone and lime, 223; caboose, 76), 6,145 ; other, 17 — total revenue,
6,273.
Abstract of rolling stock for ten years (December 31) :
1868.
1869.
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Locomotive Engines
Ill
63
42
j- 1,636
1,750
•— Inclu<
130
67
38
1,726
2,406
led ab<
134
67
38
1,726
2.406
)ve.-^
131
68
38
j 1,147
1 544
3,377
279
140
69
42
1,147
544
4,275
298
139
68
42
1,147
544
4,242
322
152
69
42
1,147
544
4,242
322
152
69
42
1,164
527
4,152
322
152
69
42
1,164
527
4,152
322
152
69
42
1,165
527
4,154
316
' Box and stock
' Platform
' Coal
' Other Freight
Operations for fiscal year ending December 31, 1877. — Trains run — passenger,
816,641 ; freight, 2,273,391 ; and other, 49,850— total, 3,139,882 miles. Passengers
carried, 1,479,692 ; carried one mile, 25,726,768. Freight moved (including 3,567,091
tons of coal), 6,160,171 tons ; moved one mile, 277,752,734 tons.
The following shows the train mileage by divisions :
Baltimore
Div.
Susque-
hanna
Div.
Shamo-
kin Div.
Green
Spring
Branch.
Elmira
Div.
Che-
mung
Div.
Canan-
dai<?tia
Div.
Total.
359 901
121 878
23 970
8922
152533
50,812
101,625
816,641
Freight "
1,014,912
293,989
79,673
4,461
43S.500
154,171
308,335
2,273,391
Other "
27,799
16,710
5050
291
49,850
Total Train Miles
1,399,612
432,577
108,693
13,674
591,033
204,983
409,963
3,139,882
The total number of passengers carried on all lines for four years was as follows
1877.
1876.
1875.
1874.
North Central Railway
1,061 707
1,302 331
1,102,497
865,680
G. S. Branch
20,208
20,231
11,916
7,441
Shamokin Railroad
50,551
71,003
82,182
68.425
Elmira Railroad
129,975
165,013
116,919
124,733
Chemung Railroad
117,246
203,346
150,800
177,021
Canandaigua Railroad
100,005
141,721
103,872
103,701
Total
1,492,692
1,903,645
1,568,186
1,347,001
KAILROAD MANUAL OF THE UNITED STATES.
PASSENGERS, ONE MILE.
303
1877.
1876.
1875.
1874.
Northern Central Railroad
16,551,990
27,222,495
19,743,159
19,444,830
G S. Branch
116,438
105,064
56,758
38,388
Shamokin Railroad
624,949
853,924
933,000
845,734
Elmira Railroad
4,123,491
7,912,457
4,320,387
4,608,480
Chemung Railroad
1,826,264
3,070,725
2,268,513
2,469,656
Canandaigua Railroad
2,483,636
4,236,421
2,507,506
2,451,483
Total
25,726,768
43,401,086
29,829,323
29,858,571
The freight movement was as follows :
Tons Moved.
Increase.
Moved one mile.
Increase.
3877.
1876.
1877.
1876.
N. C. Ry. . ,
2,695,030
15,360
938,192
875,104
928,106
708,379
2,575,474
15,226
688,700
593,310
964,600
741,714
119,556
134
249,492
281,794
36,494*
33,335*
172,734,748
107,159
18,135,520
39,705,541
18,039,588
29,030,178
157,481,565
117,689
13,155,850
36, 675,465
18,285,681
27,836,235
15,253,183
10,530*
4,979,670
3,030,076
246,093*
1,193,943
G. S. Br
Shamokin R. R
Elmira R. R
Cliemung R. R
Canandaigua R. R
6,160,171
5,579,024
581,147
277,752,734
253,552,485
24,200,249
* Decrease.
Earnings.
From Passengers §698,177 40
" Freight 3,152,692 66
" Express 69,27829
" Mail 46,19105
Miscellaneous 104,048 38
$4,070,387 78
Expenditures.
For Maintenance of Way $844,164 89
" MotivePower 709,40530
" Maintenance of Care 255,441 69
" Transportation 862,69763
Miscellaneous 74,215 33
$2,745,924 84
Balance — net earnings, $1,324,462.94. In addition to net earnings, there was
received from dividends and interest, $184,814.33 ; and from Pennsylvania R. R. Co.,
contribution for operating Elmira, Chemung, and Canandaigua Divisions, $65,770.23,
making net revenue $1,575,047.50 as compared with $1,449,559.51 for 1876, and
$1,706,639.31 for 1875.
The net income was expended as follows : — Interest on lien of State of Maryland,
$90,000; on other funded debt, $549,540 ; on 2d general 6 per cent, mortgage, $60,-
000 ; 2d general 5 per cent, mortgage, $150,000 — total interest, $849,540 ; discount,
premium, taxes, etc., $111,493.61 ; ground rents, etc., $46,442.85. Rentals— S. V. and
P. R. R., $52,167; E. and W. R. R,, $165,000; E. J. and C. R. R., $25,000— total
rental, $242,167. Interest and premium S. V. and P. R. R., $145,625.30. Interest on
equipment, S. V. and P. R. R., $11,794.54; E. and W. R. R., $39,164.53 ; Chemung
R. R., $14,622.97; E., J. andC. R. R., $29,691.31— total interest on equipment, $95,-
273.35; dividend, Chemung R. R., $22,800— total payments as above, $1,513,342.11.
Balance, $61,705.39 over all interest charges, rentals, etc.
304
EAILROAD MANUAL OF THE UNITED STATES.
Profit and LOM Account, year ending December 31, 1877.
Balance from 1876 $176,546 77
Tonnage Tax 31,437 28
Insurance Fund 1,000 00
Net Income, 1877 61,70539
Balance 368,413 58
$639,103 02
Discount on Sale of Bonds $290,314 99
Old Judgments Paid 58,399 18
Interest, etc., S. V. and P. R. R 238,010 68
Depreciation in Bonds, etc 52,378 17
$639,103 02
Fiscal
Years.
Train
Mileage.
Passengers
Carried.
Freight
Moved.
Gross
Earnings.
Operating
Expenses.
Net
Revenue.
Divi-
dends.
p.c.
1868...
2,212,358
1,021,759
3,138,319
$4,151,352
$2,962,328
$1,189,024
$382,895
8
1869
2,369,326
1,137,694
3,413,332
4,303,784
3,016,981
1,286,803
299,401
6
1870
2.541,535
1,091,249
3,680,769
4,088,624
2,816,662
1,271,962
299,994
6
1871
2.962,398
1,079,356
4,161,400
4,266,099
3,287,766
979,133
335,758
6
1872
3,333,943
1,110,112
4,729,895
4,598,820
3,437,051
1,161,769
343,305
6
1873
3,332,956
1,180,322
5,534,033
5,031,366
3.447,514
1,583,851
1874
2,959,394
1,347,001
5,210,591
4,676,500
3,383,554
1,292,347
204,466
3J
1875
3,123,093
1,568,196
5,793,635
4,926,248
3,362,124
1,564,124
1876
3,246,402
1,903,645
5,579,024
4,369,926
3,036,486
1,333,440
175,257
8
1877
3,139,882
1,479,692
6,160,171
4,070,388
2,745,925
1,324,463
Included in the above statement are the earnings of the main and branch lines.
Statement of earnings and expenses, by items, of main line and branches, 1877 :
Receipts from
Main Line.*
Shamokin
Div.
Elmira
Div.
Chemung
Div.
Canand'a
Div.
Total.
Freight
$2,009,912 80
449,426 98
49,105 64
27,693 26
101,099 16
$272,825 60 $417,810 10
18,994 67 114,152 64
240 OOi 8,674 33
1,223 10 10,123 29
314 96 1,405 84
$141,567 00
48,436 10
3,752 75
2,279 87
737 21
$310,577 16
67.167 01
7,505 57
4,871 53
491 21
$3,152,692 66
698,177 40
69,278 29
46,191 05
104,048 38
Passengers
Express matter
Mails
Miscellaneous
Total
$2,637,237 84
2,781,922 52
$293,598 33 $552,166 20
280,885 16 633,316 40
$196,772 93
241,659 24
$390,612 48
432,142 10
$4.070.387 78
4,369,925 50
Same period last year
Increase
$12,713 17
Decrease
$144,684 76
$81,150 20
$44,886 3i
$41,529 62
$299,537 72
Expenses in
Conducting Transportation . . .
Motive Power
$508,188 90
412,460 50
242,054 21
533,702 59
62,268 70
$45.171 52
36,716 92
1,701 87
44,190 06
9,763 87
$146,801 41
124,185 96
5,570 36
133,340 90
1,283 79
$51,656 51
43,791 28
1,909 00
44,281 58
265 24
$110,879 29
92,250 64
4,206 25
88,699 76
633 73
$862,697 63
709,405 30
255,441 69
844,164 89
74,215 33
Maintenance of Cars
Maintenance of Way. . .
General Expenses
Total
$1,758,674 90
2,060,246 14
$137,544 24 $411,182 42
151,449 97) 541,097 03
$141,853 61
169,863 25
$296,669 67
319,669 23
$2.745,924 84
3,242,325 62
Same period last year
Increase
Decrease
$310,571 24
$13,905 73
$129,914 61
$28,009 64
$22,999 56
$496,400 78
* Including Green Spring Branch.
The earnings per mile of road were as follows :
Miles. Earnings.
N. C. Railway, Baltimore Div.... 91 $18,688 03
N. C. Railway, Susquehanna Div. 47 19,770 18
Main Line 138 19,056 59
Green Spring Branch 9 825 32
Miles.
Shamokin Division 28
Elmira Division 78
Chemung Division 22
Canandaigua Division 47
Earnings.
$10,485 65
7,079 05
8,944 22
8,310 90
BAILBOAD MANUAL OF THE UNITED STATES.
Statement of coal transportation for three years :
305
Tons Moved in
N. C. R'y.
Shamokin
Branch. _
E. and W.
R.R.
Chemung
R.R.
E., J. and
C. R. R.
Green
Sp. Br.
1877
899.151
832,172
1,077,121
818,178
587,274
788,034
613,426
377,522
338,938
706,520
740,756
645,125
524,068
552,651
516,809
5,748
8,886
12,014
1876
1875
Statement of earnings and expenses per passenger and per ton per mile for five
years (in cents) :
Fiscal Years.
Earnings
per
Passenger.
Expenses
per
Passenger.
Profit
per
Passenger.
Earnings
per
Ton.
Expenses
per
Ton.
Profit
per
Ton.
1873...
2.965
1.613
1874
2.896
1.549
0.983
0 556
1875
2.736
2.974
1.433
0.959
0.474
1876
2.146
2.105
0.041
1.274
0.918
0.356
1877
2.714
2.610
0.104
1.135
0.747
0.388
General Balance, December 31, 1877.
Construction $12,184,504 99
Real Estate 1,034,245 43
Equipment. . . 4,196,107 35
Stocks (Ch. R. R. & E., J. & C. R. R.) 3,048,680 82
Stocksand Bonds 785,605 68
Materials 229,362 77
CashandDues 635,76535
Profit and Loss 368,413 58
Capital Stock ,
Funded Debt
Maryland Mortgage.
Bills Payable
Interest and Rents . .
Miscellaneous
Pay Rolls, etc
$5,842,000 00
13,938,000 00
1,500,000 00
376,557 77
413,244 58
116,498 96
296,384 66
$22,482,685 97
Abstract of general balances for eight years (December 31)
$22,482,685 97
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Capital Stock —
Funded Debt
Bills Pay able
Interest 'Account
Pay Rolls, etc...
Sundry Dues
Profit and Loss. .
$
5,000,000
7,495,500
1,047,391
314,427
535,783
137,803
995,513
$
5,601,700
7,718,602
85,785
249,175
558,942
112,948
995,437
$
5,842,000
11,040,602
343,121
352,298
588,358
180,438
222,100
$
5,842,000
11,419,756
478,131
403,623
668,826
49,344
464,086
5,842,000
13,500,000
639,821
431,807
376,263
55,104
82,705
5,842,000
14,384,000
466,421
416,625
574,826
51,790
368,218
$
5,842,000
14,345,000
1,345,323
397,955
243,263
112,672
176,547
$
5,842,000
15,438,000
376,558
413,245
296,385
116,499
15,526,417
15,322,589 18,568,917 j 19,325,766
20,927,700
22,103,880
22,462,760
22,482,686
9,960,613
342,182
777,854
3,016,449
10,362,934 10,535,909
334,357 334,357
787,455 796,564
3,049,719 3,223,408
11,155,435
11,477,905 11,761,268
12,183,157
12,184,505
Canton Extension
Real Estate
Equipment
803,634
3,470,815
3,000,000
378,697
960,482
3,740,487
3,048,681
356,872
652,376
398,917
1,043,462
3,940,677
3,048,681
550,864
641,803
605,469
100,719
410,937
1,126,942
4,140,677
3,048,681
479,506
755,798
434,221
88,719
205,059
1,034,245
4,196,107
3,048,681
229,363
785,606
348,145
R. R. Stocks
Materials, etc...
Bonds and Stocks
Agents' Dues, etc.
Expense Account.
Cash on Hand
Profit and Loss. . .
280,382
301,144
328,396
920,932
189,018
192,701
184,343
..
228,005
297,962
407,582
332,842
292,080
287.620
368;414
15,526,417
15,322,589
18,568,917
19,325,766
20,927,700
22,103,880
22,462,760
22,482,686
306 KAILROAD MANUAL OF THE UNITED STATES.
Statement of funded debt in detail, December 31, 1877 :
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal
Payable.
Issued.
Out-
standing.
1st Mort. (N. C. R.R)*..
2d " " "...
3d " " "...
Mortgage Coupon
Jan. 27, 1855.
Dec. 20, 1855.
" 4, 1865.
July I, 1868.
" 1, 1868.
" 1, 1874.
Jan. 1, 1876.
" 1, 1876.
6
6
6t
6t
6t
6t
5
6
Quarterly.
Jan. 1 and July 1.
Ap'l 1 and Oct. 1.
Jan. 1 and July 1.
Ap'l 1 and Oct. 1.
l( tl U
Jan. and July.
It 11 U
Irredeemable.
July 1, 1885.
April 1, 1900.
July 1, 1900.
1, 1900.
" 1, 1904.
Jan. 1, 1926.
" 1, 1926.
$1,500.000
2,500,000
1,223,000
2,599,000
2,000,000
$1,500,000
1,490,000
1,126,000
2,599,000
205,000
4,518,000
3,000,000
1,000,000
Registered ....
Consolidated Gen'l Mort
2d Gen'l Mortgage " A " .
2d " " "B".
3,000,000
1,000,000
* Maryland State Loan (irredeemable). t Payable in coin, free from U. S. tax.
The consolidated general mortgage bonds, due 1904, are issued as follows : Series
A and B, dollar or sterling sinking fund, $2,883,000; Series C, dollar, $1,000,000;
$l,000,000-dollar loan, $635,000— total, $4,518,000. During tlie year $1,635,000 of
these bonds were sold, realizing to the company $1,433,404.16. The proceeds were
applied to the payment of $500,000 York and Cumberland R. R. bonds, due January
1, 1877, and the balance, $933,404.16, to the reduction of the floating debt, which
stood, December 31, 1876, at $1,345,222.56, and at close of 1877 at $376,557.77. The
amount of $368,413.58, debited to profit and loss account, arises from charging to
that account the discount on bonds sold and interest paid prior to 1877 on bonds of the
S. V. and P. R. R. The net profit of the Mineral R. R. and Mining Co. amounted to
$47,399.97, of which two-thirds belong to this company, and the remainder to the
Pennsylvania R. R. Co.
There were 7,570,071 bushels of grain received at the Baltimore Elevator, the
net revenue being over 7 per cent, on the cost.
Separate statements of the Chemung and the Elmira and Canandaigua R. Rs.
will be found among the New York railroads.
Directors (elected February 28, 1878).— S. M. Felton, J. N. Hutchinson, Wistar
Morris, Thomas A. Scott, A. J. Cassatt, H. M. Phillips, G. B. Roberts, Edmund Smith,
D. Noblitt, Jr., and M. B. Sellers, Philadelphia; S. M. Shoemaker, B. F. Newcomer,
George Small, Baltimore.
THOMAS A. SCOTT, President Philadelphia, Pa.
A. J. Cassatt, Vice-President. . " "
Secretary— S. W. White Baltimore, Md.
Asst. Sec.— J. W. Davis "
Treasurer— John S. Leib " "
Auditor — John Crowe " "
Gen. Manager— Frank Thomson. Philadelphia, Pa.
Supt. Bait. Div.—G. G. Wilkins Baltimore.
Supt. Susq. Din.— W. A. Baldwin.WilHamsport, Pa.
Mast. Machinery— -C. M. Lewis Baltimore, Md.
Mast. Car Repairs— G. W. Demarest York, Pa.
Gen. Freight Agent— A. W. Nutt. . .Baltimore, Md.
Transfer Agent— George Taber . ... "
Purch. Agent — A. W. Sumner " •'
Counsel— Wayne McVeagh Harrisburg, Pa.
PRINCIPAL OFFICE AND ADDRESS Calvert Station, Baltimore, Md.
Transfer Office 233 South Fourth Street, Philadelphia, Pa.
ELMIRA AISTD WILLIAMSPORT KAILROAD.
Chartered as William sport and Elmira R. R. Co., June 9, 1832, and road com-
pleted September 9, 1854. It extends from Williamsport, Pa., to Elmira, N. Y.,
EATLROAD MANUAL OF THE UNITED STATES. 307
75.45 miles, with 22.43 miles of sidings. Reorganized under present title February
29, 1860, and leased May 1, 1863, for 999 years, to Northern Central Ry. Co.
Rolling Stock. — Furnished by lessees.
Operations for year ending December 31, 1877. — Included in lessees' returns.
The gross earnings were $552,166.20 ; operating expenses, $411,182.42 ; net earnings,
$140,983.78. Rental paid by lessees, $165,000. Interest on equipment, $39,164.53.
Financial Statement. — Capital stock — common, 10,000 shares, $500,000 ; and pre-
ferred, 10,000 shares, $500,000— total, 20,000 shares, $1,000,000; funded debt, 1st
mortgage 7 per cent, bonds, due January 1, 1880, $1,000,000 ; and income 5 per cent,
bonds, due October 1, 1862, $570,000 ; and mortgage on Elmira real estate, $50,000—
total stock, bonds, etc., $2,620,000. Per contra : Construction and equipment, $2,620,000.
Directors (elected 1877).— William D. Lewis, Philadelphia, Pa. ; Alexander S.
Diven, Elmira, N. Y. ; William C. Longstreth, Thomas Neilson, William Read Fisher,
and L. P. Geiger, Philadelphia, Pa.
THOMAS KIMBER, JR., President Philadelphia, Pa.
Secretary Lewis P. Geiger. | Treasurer William C. Longstreth.
PRINCIPAL OFFICE AND ADDRESS 308 Walnut Street, Philadelphia, Pa.
SHAMOKIN VALLEY AND POTTSYILLE RAILKOAD.
Chartered March 25, 1858, as successors to Danville and Potts ville R. R. Co.,.
which was chartered in 1826, and road opened in 1832. It extends from Sunbury,.
Pa., to Mount Carmel, Pa., 27.3 miles, with 14.94 miles of sidings. Leased February
27, 1863, to Northern Central Ry. .Co. for 999 years, at a rental of $52,167.
Boiling1 Stock. — Furnished by lessees.
Operations for year ending December 31,1877. — Included in lessees* returns.
Gross earnings, $293,598.33; operating expenses, $137,544.24; net earnings, $156,-
054.09. Payments— rental, $52,167 ; interest on equipment, $11,794.54; interest and
premium, $145,625.50.
Financial Statement, December 31, 1877.— Capital stock (30,000 shares), $1,500,-
000; paid in, $869,450; 1st mortgage 7 per cent, bonds, due July 1, 1901, $1,994,000
—total stock and bonds, $2,863,450. Per contra: Construction, $1,208,050; and real
estate, $1,655,400— total, $2,863,450.
Directors. — J. N. Du Barry, Baltimore, Md.; J. D. Cameron, Harrisbnrg,Pa.; E.G.
Biddle, Edmund Smith, T. A. Scott, Jacob Jones, and Wistar Morris, Philadelphia, Pa.
THOMAS A. SCOTT, President Philadelphia, Pa.
Supt.—W. A. Baldwin Williamsport, Pa. | Sec. and Treas.—Geo. Taber Philadelphia. Pa. .
PRINCIPAL OFFICE AND ADDRESS Philadelphia, Pa.
OIL CITY AND KIDGWAY KAILKOAD. (In Progress.)
Line of Road. — Oil City, Pa., to Ridgway, Pa about 50 miles.
In operation : Oil City to Sidneys, Pa 10 "
Sidings, 1 mile. Gauge, 4 feet 9 inches. Rail, 56 Ibs.
308
RAILROAD MANUAL OF THE UNITED STATES.
This road was built during the year 1876, and connects Oil City with the Clarion
oil wells.
No statement of its operations or financial condition is furnished.
JAMES KENNEDY, President Oil City, Pa.
Vice-President— H. H. Steel Oil City, Pa. | Gen. Manager— A.. P. Odell Oil City, Pa.
General Agent— M. H. Collins Oil City, Pa.
PRINCIPAL OFFICE AND ADDRESS Oil City, Pa.
PARKEK AND KAENS CITY RAILROAD.
Line of Road. — Parker Junction, Pa., to Karns City, Pa 10.5 miles.
Sidings and other tracks, 1.10 mile. Gauge, 3 feet. Rail, 30 Ibs.
Rolling Stock. — Locomotive engines, 4. Cars — passenger, 5 ; baggage, mail, and
express, 2 ; freight (box, 10 ; truck, 36), 46 — total revenue cars, 53.
Operations for year ending December 31, 1875. — Trains run — passenger, 38,000 ;
freight, 36,000— total, 74,000 miles. Passengers carried, 116,000. Freight moved,
18,816 tons.
Earnings.
From Passengers $63,407 96
" Freight 34,39133
Miscellaneous 4,533 63
$102,332 92
Expenditures.
For Maintenance of Way $7,597 31
" Rolling Stock 6,59992
" Transportation, etc 35,472 10
$49,669 33
Balance — net earnings, $52,662.59. Payments from net earnings — interest on
bonds, $4,410 (gold) ; miscellaneous, $11,492.14 — total payments, $15,902.14. Balance,
$36,760.35, applied to debt.
Financial Statement, January 1, 1876. — Capital stock, $150,000; funded debt, 1st
mortgage 7 per cent, gold bonds, due October 1, 1878, $63,000 ; and floating debt,
$53,207 — total stock, bonds, and debt, $266,207. Per contra : Cost of road and equip-
ment to date, $280,652.15.
No later information furnished during the year 1876. An extension of this road
was built, under the name of the Karns City and Butler R. R., running from Karns
City to Butler, 15 miles. Information is refused of its operations or financial condi-
tion.
S. D. KARNS, President Parker, Pa.
Sec., Treas. and Supt W. C. Mobley. | Auditor T. F. Lobaugh.
PRINCIPAL OFFICE AND ADDRESS Parker City, Pa.
PEACH BOTTOM RAILROAD.
Line of Road. — York, Pa., to Oxford, Chester Co., Pa.
Sidings, 2.50 miles. Gauge, 3 feet. Rail, 30 Ibs.
This road was opened in 1876.
.60 miles.
BAILBOAD MANUAL OF THE UNITED STATES. 309
Rolling Stock. — Locomotive engines, 5. Cars — passenger, 9 ; baggage, etc., 2 ;
freight, 41.
Operations for year ending December 31, 1877. — Passengers carried, 59,258.
Freight moved, 23,285 tons. Gross earnings, $46,983.24. Operating expenses, $31,-
615.69 ; net earnings, $15,367.85.
Financial Statement, December 31, 1877. — Capital stock (shares at $50) author-
ized, $1,000,000; subscribed, $271,600 ; and paid in, $221,127.10; funded debt, $435,-
700 ; floating debt, $106,845— total stock and debt, $763,672.10. Per contra : Cost of
road and equipment to date, not reported. Real estate, $35,000.
C. R. McCoNKEY, President York, Pa.
Samuel Dickey, Vice-President Oxford, Pa.
Secretary William Wallace. | Treasurer A. C. Manifold. | Supt J. A. Alexander.
PRINCIPAL OFFICE AND ADDRESS Oxford, Pa.
PENNSYLVANIA KAILKOAD.
Line of Road. — Philadelphia, Pa., to Pittsburg, Pa 354.83 miles.
Branches of main line, named below 121.71 "
Lines leased and operated between Philadelphia and Pittsburg 594.62 "
Total length of line owned, leased, and operated, as above 1,071.16 miles.
Second track, 369.39 miles ; third and fourth tracks, 84.932 miles. Sidings belonging
to company, 311.493 miles. Gauge, 4 feet 9 inches. Steel rails, 892.70 miles. Rail,
56, 64, 65, and 67 Ibs. to the yard.
In addition to the miles of line given above, the company lease and operate the
United Railroads of IS ew Jersey, with, 384. 95 miles of line; 121.36 miles of second
track ; 60.86 miles of third and fourth tracks ; and 185.67 miles of sidings.
The Pennsylvania Railroad, as at present operated, is made up by the consolida-
tion of the lines of several companies between Philadelphia and Pittsburg.
In 1826, the Commonwealth of Pennsylvania, in its corporate capacity, under-
took the construction of various canals and railroads, with a view of cohnecting
Philadelphia and Pittsburg by a continuous line of Internal Improvements. To this
end, the Columbia and Philadelphia R. R., 81 miles, was built at a cost of $4,204,
969.96, and the Allegheny Portage R. R., 41 miles, at a cost of $1,828,461.35. These
isolated railroads were connected by the Eastern and the Juniata divisions of the
canal, respectively 46 and 127 miles in length, and costing $1,736,599.42 and $3,521,-
412.21. The Portage R. R. was connected with Pittsburg by the Western division
of the canal, 104 miles long, and costing $3,069,877.38 — making a total length of 122
miles of railroad and 277 miles of canal — in all, 399 miles — constructed at a cost of
$14,361,320.32. These works were principally brought into use in 1830, though the
railroads were not completed until 1833-34.
Prior to this, a charter for a railroad, to be called the Pennsylvania Railroad, had
been granted in 1823, but nothing was ever done under it, and it lapsed in due time.
The Portsmouth and Lancaster R. R. Co. was chartered June 9, 1832, and the Harris-
burg, Portsmouth, Mount Joy and Lancaster R. R. Co. March 13, 1838. On the llth
of June, 1840, the Harrisburg and Pittsburg R. R. Co. was chartered.
310
RAILKOAD MANUAL OF THE UNITED STATES.
The only one of these companies that actually constructed a railroad was the
Harrisburg, Portsmouth, Mount Joy and Lancaster, which completed its line in Sep-
tember, 1838, making a continuous line of railroad from Philadelphia to Harrisburg.
The charter of the Pennsylvania Railroad Company, granted April 13, 1846, au-
thorized the construction of a railroad from Harrisburg to Pittsburg, with branches
to various points. Construction was commenced at Harrisburg, July, 1847, and the
road opened to Hollidaysburg, where it connected with the Portage R. R., September
16, 1850. The Western division, from Johnstown to Pittsburg, was completed De-
cember 10, 1852. Subsequently the portion from Altoona to the Portage viaduct was
built, and opened February 15, 1854, thus completing the line of the Pennsylvania
R. R. proper, as now operated between Philadelphia and Pittsburg.
On the 16th of May, 1857, the main line of public works constructed and owned
by the State was sold to the Pennsylvania R. R. Co. for $7,500,000 in bonds of that
company, bearing 5 per cent, interest annually, and payable $100,000 yearly until July
31, 1890, and after that date $1,000,000 annually until the whole sum was paid.
Statement in detail of lines of railroad owned, leased, and operated :
Names of R. E. and Branches.
Miles of
Railroad.
Second
Track.
Third and
Fourth
Tracks.
Sidings.
Total
Track.
Main Line Philadelphia to Pittsburg
354.83
29.45
10.00
52.9O
18.87
13.50
339.67
18.13
3.59
84.932
195.600
2.790
19.860
7.395
2.859
2.000
975.032
50.370
32.450
60.295
21.729
15.500
Hollidaysburg Branch
Total Main Lines and Branches
479.55
56.80
49.50
39.40
43.44
28.00
11.30
27.80
18.70
43.57
9.20
12.50
2.90
38.52
41.90
43.33
64.18
84.60
361.39
84.932
230.504
12.850
4.793
1.800
5.460
1.570
1.330
0.840
0.590
2.030
0.630
3.869
0.132
1.860
8.400
1.996
12.872
19.970
1,156.376
69.650
54.603
41.200
48.900
29.570
12.630
28.640
19.290
45.600
9.83
16.369
3.032
40.380
50.300
45.796
78.942
109.760
Bald Eagle Valley R. R
Bedford and Bridgeport R. R
0.31
Columbia and Port Deposit
Danville, Hazleton and Wilkesbarre R. R
E. Brandywine and Waynesburg R. R
Ebensburg and Cresson R. R
Frederick and Pennsylvania Line R. R
Hanover and York R. R
Lewisburg, Centre and Spruce Creek R. R
Littlestown R. R
Mifflin and Centre Co. R. R
Newry R. R
Pennsylvania and Delaware R. R
Sunbury and Lewistown R. R
6.47
1.89
5.19
Tyrone and Clearfield R. R
Western Pennsylvania R. R
Lines Leased and Operated
615.64
7.86
80.992
704.492
Total
1,095.19
287.67
384.95
369.25
14.00
121.36
84.932
eo.'seo
311.496
122.560
185.670
1.860.868
424.230
752.840
Philadelphia and Erie R. R
United Railroads of New Jersey
Aggregate, all Lines
1,767.81
504.61
145.792
619.726
3,037.938
Included in the above statement are all the lines operated by the Pennsylvania
R. R. Co. between New York and Pittsburg. The United R. R. and Canal Companies
of New Jersey are leased in perpetuity, from December 1, 1871, the lessees assuming
all the liabilities and receiving all the assets of those companies, and paying, in addi-
tion, $2,038,450 per annum, or 10 per cent., as a dividend on the capital stock. The
accounts of these companies, as well as those of the Philadelphia and Erie R.R. Co.,
KAILEOAD MANUAL OF THE UNITED STATES.
311
are separately kept. The company also leased a number of lines west of Pittsburg,
but these leases were all transferred April 1, 1871, to the Pennsylvania Company, of
winch a statement is given elsewhere. The mileage of the various divisions of the
United R. Rs. of New Jersey, exclusive of the Delaware and Raritan Canal, 66 miles,
is as follows:
Main
Track.
2d Track.
3d and 4th
Tracks.
Sidings.
Total.
New York Division
122 11
92 97
60 86
69 67
345 61
Belvidere " .
104 24
54 44
158 68
Amboy "
158 60
28 39
61 56
248 55
Total, New York to Philadelphia.. .
384.95
121.36
60.86
185.67
752.84
In addition to these lines, directly operated by the Pennsylvania Railroad Com-
pany, either through lease or ownership, it also exercises control over the following
lines, by reason of owning a majority of the stocks or bonds of the various com-
panies, by advances toward construction, or to meet interest, or through some other
form :
Lines of Road.
In what State.
Length of Main
Line and
Branches.
Allegheny Valley R. R
Pennsylvania
Miles.
260.50
32.40
1)0.20
153.38
317.4T
30.00
412.00
128.45
3,407.10
Alexandria and Fredericksbnrg Ry
Vir°inia
Baltimore and Potomac R. R
Cumberland Valley R. R
Pennsylvania.
Northern Central Ry
Maryland, Pennsylvania, and N. Y.
Pennsylvania. . ..
Pittsburg, Virginia, and Charleston R. R.
Richmond and Danville R. R. (and leases). ..
Virginia and North Carolina
West Jersey R. R
New Jersey
Pennsylvania Company's Lines
Various
Making a Total of
4,831.50
1,781.48
Add Lines directly operated by Pennsylvania R. R.
Grand Aggregate. . .
Co
6,612.98
Rolling1 Stock. — Locomotive engines — P. R. R. Division, 515; United R. Rs. of
N. J. Division, 269 ; Phila. and Erie Division, 154 — total engines, 938, of which 14
were leased to other roads ; 854 were in service December 31, 1877, and 70 under-
going repair. Cars — passenger, 382 ; emigrant, 65 ; baggage, 65 ; mail, 26 ; express,
58 — total passenger train cars, 596 ; freight (box, 3,259 ; stock, 1,942 ; gondola, 5,580;
coal (8- wheel, 1,633; 4- wheel, 1,006), 2,639; cabin, 294) total freight, 13,714— total
revenue cars, 14,310. Also, 929 service cars.
Statement of locomotives and cars yearly for ten years (December 31) :
1868.
1869.
1870.'
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Engine
3
434
477
482
514
554
662
654
655
659
515
f Passenger
219
244
235
301
503
548
296
314
440
440
Baggage, etc
99
102
96
102
215
215
127
128
130
130
Lars: -<
Freight . .
5,490
5,643
6,632
6,685
11,211
13,029
10,882
11,058
11,058
11,058
Coal
718
738
731
1 440
2 Ib8
2,592
2,481
2,639
2,639
2,639
312
KALLROAD MANUAL OF THE UNITED STATES.
In addition to the above list of cars, there were, on the roads directly operated by
the company in 1876, 1,000 leased coal cars, and 11,170 freight and coal cars owned
by other parties than the company. In the statement for the years 1872-73 the cars
on the United R. Us. of New Jersey are included.
In this statement only the rolling stock in use on the main line and branches is
given. The total amount owned by the company and included in its property is given
below in the general account.
Operations for year ending December 31, 1877. — Trains run — passenger, 2,959,502 ;
freight, 11,304,205 ; other, 456,931— total, 14,720,638 miles. Passengers carried, 5,129,-
931, of whom 3,822,422 were first class ; 29,985 immigrant, and 1,277,524 commuters.
Carried one mile (1st class, 123,588,561; immigrant, 9,878,394 ; commuters, 9,686,566),
143,153,521. Freight moved— through (eastward, 1,014,524; westward, 293,263),
1,307,787; and local (eastward, 5,914,842 ; westward, 2,515,666), 8,430,508— total, 9,738,-
295 tons, including 4,953,892 tons of coal. Moved one mile, 1,494,798,198 tons.
The following statement shows the greatest and the average mileage of engines
during the year on the various divisions of the line :
Division.
Passenger Trains.
Freight Trains.
Mileage
of Loco-
motives.
Greatest
Mileage.
Average
Mileage.
Greatest
Mileage.
Average
Mileage.
Penna. R. R
62,860
57,225
55,919
32,361
25,774
23,905
52,461
29,786
42,396
25,623
20,721
18,855
16,802,793
5,611,642
2,530,824
United Cos. of N. J
Phila and Erie R. R
Statement of earnings and operating expenses, main line, branches, and leased
lines (1,055 miles), for year ending December 31, 1877:
Earnings. (Main Line and Branches.) Expenditures.
From Passengers (1st class) $3,239,415 76 For Maintenance of Way $2,185,486 28
Motive Power 3,098.317 06
Maintenance of Cars 932,525 52
Transportation 4,189,253 99
(emigrant) 143,857 57
" Freight 14,719,395 52
" Express 313,11843
" Mails 314,71664
" Rents 183,59361
Miscellaneous 69,358 72
$18,983,456 25
" Rents, Branches, etc 721,357 94
" Interest, Equipment Branches... 69,479 42
Miscellaneous 345,555 79
$11,541,975 10
Net Income Account, Tear 1877.
Receipts.
Net Earnings from Operations $7,441,481 15
Interest from Investments, Cash 1,763,090 44
" " Securities 402,77172
" Branch Lines for Equipment. 345,720 09
$9,953,062 50
Payments.
Interest on Funded Deht $3,313,185 60
•« Balance on Funded Debt 252,949 24
" to State on Main Line 237,002 34
Premiums, Exchange, etc 85,996 76
Balance, Income Account 6,063,928 56
$9,953,062 50
From the balance remaining, $6,063,928.56, is to be deducted loss in operating
lines of United R. R. and Canal Co. of New Jersey, $1,482,518.04; leaving for divi-
dend fund, etc., $4,581,410.52, out of which were paid two dividends, one of two per
RAILBOAD MANUAL OF THE UNITED STATES.
313
cent, and one of 1-J per cent., $2,410,457 ; State tax on dividends, $175,619.01 — total,
$2,586,076.01, leaving to credit of profit and loss for the year, $1,995,334.51.
The Pennsylvania R. R. Co. is responsible as guarantor for various companies,
as shown in the following table, and had the deficiencies in interest of those com-
panies been paid by the Pennsylvania R. R. Co., the result would have stood :
Balance to credit of Income account, year 1877 $1,995,334 51
Liabilities, as follows :
Susquehanna Coal Company $121,484 88
Pennsylvania Canal Company 38,605 37
Western Pennsylvania R. R. Co 8,810 56
Baltimore and Potomac R. R. Co 183,252 14
American Steamship Company 79,869 12
Allegheny Valley R. R. Co 16,100 20
Philadelphia and Erie R. R. Co 43,385 69
Grand Rapids and Indiana R. R. Co 250,143 13
Loss on leased lines of P., C. and St. L. Ry. Co.... $131,784 64
Less profits on lines of Penn. Co 30,170 83
Loss on Lykens Valley Coal Co 174,828 72
Less profit on Summit B. R. R. Co 27,267 32
101,613 81
$147,561 40
Less one-third profits of Mineral R. R. Co 15,799 99
131,761 41
975,026 31
None of the obligations of these three latter companies are guaranteed by the
Pennsylvania R. R. Co.
For the advances made to Grand Rapids and Indiana R. R. Co. the Pennsylvania
R. R. Co. holds 1st mortgage coupons, secured by land grant.
Many of the above companies met the deficiencies out of their own resources, but
assuming that the whole loss might fall upon the Pennsylvania R. R. Co., as owner
of the majority of the share capital, it will be seen from the above statement that
there would be a balance of $1,020,308.20 to the credit of the Income account for the
year, after deducting the payment of dividends, amounting to 3£ per cent.
The following statement shows the changes in the Profit and Loss account of the
company :
Credit of Income Account, 1877 $1,995,334 51
Credit of Profitand Loss, Dec. 31, 1876.10,054,197 03
$12,049,531 54
Realized from Old Accounts and Assets 461 ,868 40
$12,511,399 94
Reduction in value of securities $7,910,387 90
Charged off as of no value 941,633 95
Transferred to Suspense Account 1,246,225 86
Loss on E., C. and C. line 65,770 23
$10,164,017 94
Bal. to credit of Profit and Loss, 1877. 2,347,382 00
$12,511,399 94
Of the gross earnings there were received from the 358 miles of main line :
In 1877 ($46,773.35 per mile of road) $16,744,859 30
In 1876 ($51, 916. 92
In 1875 ($51,295.93
In 1874 ($56,702.04
In 1873 ($62,314.17
In 1872 ($55,896. 14
In 1871 ($48,432.19
In 1870 ($48,971.25
18,586,237 01
18,363,943 90
20,299,330 88
22,308,481 68
20,010,818 80
17,338,824 28
17,531,707 50
314
BAILED AD MANUAL OF THE UNITED STATES.
The receipts and expenses (in cents) per passenger and per ton per mile for eight
years on main line and branches have been as follows :
Year.
Per Passenger.
Per Ton.
Receipts.
Expenses.
Profits.
Receipts.
Expenses.
Profits.
1870....
2.49
2.53
2.45
2.48
2.43
2.351
1.862
2.363
l'.94
1.837
2.01
1.60
1.669
1.029
1.751
0.59
0.613
0.47
0.83
0.682
0.833
0.612
1.549
1.3887
1.4163
1.415
1.255
1.058
0.892
0.980
0.87
0.886
0.857
0.719
0.616
0.582
0.552
1871 (733 miles)
0.5187
0.5303
0.558
0.536
0.442
0.310
0.428
1872 (784 )
1873 ., (869 )
1874 (877 )
1875 (905 )
1876 (963 )
1877 (1,055 )
Abstract of operations over main line and branches for ten years :
I.— TRAIN, PASSENGER AND FREIGHT MOVEMENTS.
t
Years.
Train Miles.
Passengers Carried.
Freight Moved.
Passen-
gers.
Freight.
Other.
Total.
Number.
One Mile.
Tons.*
One Mile.
1868.
1869.
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
2,051,625
2,302,963
2,472,434
2,601,502
2,909,374
3,060,185
2,928,003
3,190,308
4,012,769
2,959,502
6,355,865
6,904,888
7,358,537
8,879,144
10,840,744
12,545,334
11,383,275
11,723,550
12,324,705
11,304,205
285,838
366,776
354,262
423.671
169,595
505,796
333,544
352,210
465,519
456,931
8,693,328
9,574,632
10,185,233
11,904,317
13,919,713
16,111,315
3,747,178
4,229,363
4,352,769
4,699,985
5,250,393
5.879.684
133.174,706
144,728,652
150,850.087
152,918.042
173,842,748
177,479,019
4,722,015
5,402,991
5,804,051
7,100,294
8,459,535
9,998,791
9,118,419
9,787,176
10,600,547
10,438,394
752,711,312
825,979,692
1,011,892,207
1,190,144,636
1,384,831,970
1,372,566,976
1,479,414,466
1,629,742,021
1,494,798,198
14,644.822 6,088,103
15,266,068 5,609,787
16,802,793 6,9-26,016
14,720,638 5,129,931
174,659,639
160,421.998
288,312,089
143,153,521
tt Including company freight.
II. — CLASSIFIED FREIGHT. (TONS.)
Coal.
Iron.
A
T3
s»
^
C3 ^
•
Stone
Id
ss
r3 O
.j
^w
"o
•
j
-<j
I
a
0
o
d
Oil.
Pig.
Rail-
road.
Other.
Ores.
and
Lime.
2%
3<d
o
a
l«
11
S
M
V
1
P
5
H
O>
2
I
1
B
s
?
S^
^
1-1
0
1868
436,826
1,628,223
181,174
116,751
119,833
98,818
100,886
84,182
584,870
469,036
251,416
242,609
113,260
1869
1870
1871
1872
424,582 1,904,773 156,796 185,132
545,192 2,005,196 215,057 213.346
712,494 2,448,947 309,840 248,394
776,226 2,892,845 462,226 334,947
1873 1,173,960 3,353,541 649,508 320,933
1874
1875
1876
906,266 3,303,071 516,072 206,307
981,428 3,750,008 489,248 269,748
788,588 4,049.308 608,876 306,107
140,735132,378 143,517 27,412
:158,956 131,145:166,992 147,021!
152,227 169,687 172,989 191,563'
157,026 222,192 297,120 183,925
128,457 240,582 419,174 238,555
67,296 252,158 340,707 304,680
130,472 221,876 266,205 242,133
176,965 239,740 297,136 278,495
483,1051582,779 277.938 236,825 295,053
873,423 j 390,066 £73,856 299,545 76.050
851,579 461,096 325,388 388,546 143,094
1,134,517,504.444 395,296 463,889 20,126
I,119,734i619,832 412,513 510,902! 23,540
1,229,6151584,215 424,991 455,978 35,590
1,240,269 664,211 375,945 437,495 46,330
1,729,1861620,434 363,084 427,346 37,646
RAILROAD MANUAL OF THE UNITED STATES,
m.— CLASSIFIED EARNINGS.
315
Years.
Passenger.
Emigrant.
Mails.
Express.
Freight.
Miscella-
neous.
Total.
1868. .
$3,531,903 94
$78,244 29
$99,981 25
$291.881 21
$12,882,165 30
$349,321 32
$17,233,497 31
1869. .
3,500,071 45
131,065 54
118,962 20
302,654 25
12,932,656 88
265,401 41
17,250,811 73
1870. .
3,595,371 20
162,671 92
146,743 45
310,785 78
12,793,160 47
522,974 00
17,531,706 82
1871 . .
3,719,264 36
156,393 12
147,893 12
362,349 90
14,052,304 51
281,632 84
18,719,836 85
1872. .
4,022,012 80
240,005 08
154,914 78
449,627 35
16,856,891 41
289,073 85
22,012,525 27
1873. .
4,169,141 97
230,529 49
158,287 50
450,241 40
19,608,555 07
269,253 47
24,886,008 90
1874. .
4,107,752 17
151,135 51
193,610 14
373,544 82
17.227,504 69
588,824 02
22,642,371 35
1875. .
3,646,673 75
125,631 96
182,753 29
350,999 09
15,651,741 42
535,452 46
20,493,251 97
1876. .
5,241,068 36
127,502 79
238,126 92
302,791 17
14,539,784 46
338,801 92
20,788,075 62
1877. .
3,239,415 76
143,857 57
314,716 64
313,118 43
14,719,395 52
252,952 33
18,983,456 25
IY.— OPERATING EXPENSES.
Years.
Maintenance
of Way.
Motive Power.
Maintenance of
Cars.
Transporta-
tion.
Miscellaneous
Total.
1868
$3,268,896 46
3,341,568 10
3,058,685 78
3,302.286 95
3,337,724 69
3,246,832 20
2,859,373 06
2,603,025 79
2,530,194 75
2,185,486 28
$3,361,694 42
3,679,195 15
3,240,606 69
3,049.027 28
3,826,946 40
4,223,530 53
3,535,352 22
3,502,130 09
3,721,596 10
3,098,317 06
$1.442,7&5 90
1,464,859 22
1,186,945 17
1,202,521 74
1,305,899 83
1,926,095 53
1,256,452 76
1,212,835 53
1,192,638 80
932,525 52
$3,609,233 18
3,503,792 57
3,562,084 69
4,039,751 60
4,964,932 75
5,664,140 57
4,a35,129 32
4,087,493 85
4,646,402 86
4,189,253 99
$178,423 92
213,852 56
211,762 82
229,845 77
329,169 42
379,706 33
415,210 84
388,568 10
361,856 72
345,555 79
$11,860,983 88
12,203,267 60
11,260,085 15
11,823,433 34
13,764.673 09
15,440,305 16
12,701,518 20
11,794,053 36
12,452,689 23
10,751,138 64
1869. ...
1870
1871
1872
1873
1874
1875
1876
1877
V.— NET EARNINGS AND THEIR DISPOSITION.
Years.
Net Earnings.
Dividends.
Balance. Inter-
est and Taxes.
H. & L. R. R.
and State.
Miscellaneous
Surplus.
1868
$5 372 513 43
$3 242 281 99
$701 610 84
$595 274 18
$83 174 65
$750 171 77
1869
5 047 544 13
2 944 421 86
628 884 76
593 283 26
345*817 29
463 533 00
1870
6,271,621 67
3,455 357 50
1 799 161 38
594*821 89
550,548 08
1871
6,896,403 51
3,625 062 50
1 208 010 29
593 039 94
1,470,290 78
1872
1873
8,247,852 18
9.445,703 74
4.711,497 00
5 918 140 00
434,145 95
367 070 81
595,056 34
592 651 46
224,289 34
1 054 764 03
2,282,863 55
1 513 077 44
1874
9,940,853 15
6,779 688 12
2 514*459 86
592 573 94
1,190,815 70
3,168,332 49
1875....
8,699,198 61
5 509 493 00
134 782 58
594 228 56
985 025 56
2 286,594 57
1876
8,335,386 39
5,509 587 00
485 994 21
594 228 56
1 112 349 25
1,510,984 49
1877....
8,232 317 61
2 410 457 00
1 299 651 02
369 575 33
674 781 71
1,995,334 51
VI.— RENTALS, ETC., PAID BRANCH LINES, Six YEARS.
Years.
H. & L. R. R.
Branches.
Interest on
Equipment.
United N. J.
R. R.
Miscellaneous
TotalPayments
in addition to
Interest and
Dividends.
1872...
$135,056 34
132,651 46
132,572 94
134,228 56
134,228 56
132,572 99
$3,121,357 42
3,117,020 24
3,389,176 45
4,350,096 81
4,409,520 97
4,437,039 40
$460,000 33
829,074 33
1,075,725 83
955,854 37
955,862 83
322,999 10
$3,656,413 76
4,078,746 03
5,141,404 09
5,991,989 74
6,074,629 65
5,550,875 86
1873
1874
$543.928 17
489,171 19
500,630 19
588,784 95
1875
$62,638 81
74,387 10
69,479 42
1876
1877
316
KAILEOAD MANUAL OF THE UNITED STATES.
The total interest payment is not reported in Table V., but only the differ-
ence between such, payments and tlie amounts received as interest from the com-
pany's investments. The total of interest paid or accrued during some of these
years was as follows: 1873, $2,739,178.45; 1875, $3,012,453.75; 1876, $3,571,126.41;
1877, on funded debt, $3,313,185.60; on floating debt, $252,949.24.
There were received as interest and dividends from investments in 1873, $2,-
372,107.64; 1874, $4,305,015.96; 1875, $2,344,816.15; 1876, $3,085,132.20; 1877, $2,-
165,562.16. The surplus includes the result of operations on all the lines of the
company.
The total earnings and expenses of all lines from Pittsburg to New York, in-
cluding the Delaware and Raritan Canal, and Philadelphia and Erie Railroad, 1,782
miles in all, were as follows :
Gross Earnings. Working Expenses.
General Freights $21,149,389 38 Conducting Transportation $7,382,620 14
First-class Passengers 7,264,14026 Motive Power 5,083,63729
Emigrant Passengers 176,089 19 Maintenance of Cars 1,676,763 53
Express Matter 565,520 05 Maintenance of Way 3,992,633 95
Mails 461,55117 General Expenses 415,20655
Miscellaneous 603,886 48 Canal Expenses (Del. and Ear. Canal). 477,606 78
Canal Earnings Pel. and Rar. Canal) 896,569 65
$31,117,146 18 $19,028,467 42
Net Earnings for 1877 $12,088,678 94
Deduct interest charged on equipment used by —
Philadelphia and Erie Railroad $239,189 90
Belvidere Delaware Railroad 38,516 27
BranchRoads 69,479 42— 347,185 59
Deduct rentals paid— $11,741,493 35
Philadelphia and Erie Railroad $884,175 46
Belvidere Delaware Railroad 84,115 25
BranchRoads 588,784 95— 1,557,075 56
Leaving as net earnings (less rentals) from operations $10,184,417 69
Net Income Account for 1877.
Receipts. Payments.
Net Earnings as above $10,184,417 69 Int. on Funded and Floating Debt .... $3,566,134 84
Interest and Divides from Investm'ts. 2,165,062 16 Dividends (3$ per cent.) 2,410,457 00
" for use of Equipment 345,720 09 Tax on Dividends 175,619 01
" from U. R. Rs. of N. Jersey. 221,525 39 Dividends, Int. etc., U. R. Rs. N. J. .. 4,314,407 88
Rentals, etc 455,572 09
$12,917,525 33 $10,922,190 82
Balance to credit of profit and loss, $1,995,334.51.
Abstract of earnings, expenses, etc., on all lines east of Pittsburg for six years :
Years.
Gross Earnings.
Operating
Expenses.
Net Earnings.
Interest and
Dividends.
Surplus.
1872.
1873.
1874.
1875.
1876.
1877.
$36,448,503 36
39,983,138 91
37,386,427 27
34,464,104 38
36,891,060 99
31,117,146 18
$25,431,023 41
27,677,448 27
23,011,749 21
21,094,461 31
22,081,229 34
19,028,467 24
$11,017,479 95
12,305,690 64
14,374,678 06
13,369,643 07
14,809,831 65
12,088,678 94
$8,862,056 71
11,774,338 69
12,815,897 37
12,777,228 43
13,624,462 94
10,160,682 00
$2,395,423 24
1,513,077 44
3,168,332 49
2,286,594 57
1,510,984 49
1,995,334 51
The rentals paid leased lines, except the United Cos. of New Jersey, as well as
the receipts from investments, are not shown in the above table. The surplus shows
the actual amount carried to the credit of profit and loss each year.
317
The earnings of the branches owned by the Pennsylvania R. R. Co. (except
the P. and E. R. R., United R. R. of N. J., and D. and R. Canal) were, for 1877,
$2,238,597.80 ; operating expenses, including rental and interest on equipment,
$2,121,556.58 ; net profit, $117,041.22.
Statement of earnings, operating expenses, etc., of branches, for seven years :
Years.
Miles.
Earnings.
Expenses, Includ-
ing Rental, etc.
Profit to
Pa. R. R.
1871..
375
$1 381,012 57
$1 375 462 48
«K Kp.0 OQ
1872
426
2,001,706 47
1 994 121 84
7 *&£ R3
1873
511
2 577,527 22
2 560 097 10
17 430 12
1874
519
2,343,040 47
2,231,969 76
111 070 71
1875
547
2 129 308 07
2 087 124 98
42 183 OQ
1876
605
2,201,838 61
2,116,352 14
85 486 47
1877
697
2,238,597 80
2,121,556 58
117 041 22
The following statement shows the percentage of operating expenses to gross
earnings on the several divisions for a series of years :
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
61 26
58 92
57 74
54 25
'W 87
KO 7f|
KK 47
59.15
63.15
6253
62 04
58 49
57 55
59 90
56 63
United R. Rs. of N. J
72 65
74 40
69 26
68 19
56 90
71 SO
Del. and R. Canal
66 65
5555
58 19
50 67
59 40
K.Q Oft
The amount actually expended during the year for construction, equipment, etc.,
was as follows :
For Construction.
Pennsylvania Railroad proper $763,208 78
United Railroads of New Jersey 84,695 20
847,903 98
For equipment 75,489 67
For Real Estate.
Pennsylvania Railroad proper $141,252 16
United Railroads of New Jersey 77,688 16
218,940 32
On branches and connecting roads 184,644 11
Making a total of $1,326,978 08
The amount charged to construction on main line includes the cost of complet-
ing passenger station at West Philadelphia ; straightening the road in several places ;
purchase of machinery, shops, etc., from the Empire Transportation Co.; part of cost
of double track iron bridge, 3,680 feet in length, over the Susquehanna River at Rock-
ville, the entire cost of which was $326,614.10, of which amount $150,000 was charged
to construction, and the balance to expenses. The work was completed by the Dela-
ware Bridge Company, between July 1 and December 1, by which an entire double
track line between Pittsburg and New York is perfected.
The outlay on branch roads was required to complete the Columbia and Port
Deposit R. R., which was opened for traffic July 1, 1877 ; to extend the Southwest
Pennsylvania Railway from Uniontown to Oliphants, 4.6 miles, and the Lewisburg,
Centre and Spruce Creek R. R., from Laurelton to Spring Mills, 24.8 miles. 42 miles
of this last-named line are now completed, and 32 of the 45.5 miles, between Spring
Mills and Tyrone, remaining unfinished, are graded, ready for the superstructure.
EAILBOAD MANUAL OF THE UNITED STATES.
The debt due the State on account of the purchase of the main line was reduced
by the payment of $222,997.66, charged to Capital account, and the balance of the
$460,000 annual payment to the State, representing interest, was charged against
Income account.
EARNINGS AND EXPENSES or EACH LINE OPERATED, INCLUDING THE DELAWARE AND RARITAN CANAL.
Koads.
<t-l
°0Q
fs
W3 o
Q} f*H
HI
Gross
Earnings.
Working
Expenses.
Interest
on Equip-
ment, etc.
Profit after
Expenses, In-
terest, Rentals,
etc.
Loss after all
Payments.
•
'cj-a
"3 =3
H
451
II
PENNSYLVANIA RAIL-
ROAD MAIN LINE.
Pen'a R R ~| owned by
358
$
16,744 858 45
$
9,287,846 43
$
$
7,457,012 02
$
S
Col'a Brdg | P R R Co
I
23 228 60
17,529 22
569938
York Br'ch }• and repre-
13
46 494 33
26,242 66
20,251 67
H'lldsb'g " sented by
55
136.409 11
76,610 38
59,798 73
Indiana Br J its cap stk
1Q
43 515 19
37,259 26
6,255 93
LEASED AND OPERATED
ROADS.
E Br'nd &W'sb'gR.R
28
32,293 39
20,24480
1 60759
10,441 00
Penn & Delaware R. W.
39
34,688 35
27,495 16
1 03838
6,149 81
Col'bia & P Deposit . .
39
14,395 90
13,11380
64520
63690
Mimin & Cen C'ty R R
12
33,551 89
20,256 26
2 106 34
11,189 29
Sunb'y & Lewist'nR.W.
44
109,449 72
62,832 32
3 14640
43,471 00
Bedf d & Bridgep'tR.R.
49
76,837 72
76,433 83
40389
Tyrone & Clearfi'd R.W.
Ii1
425,841 93
279,708 68
12 322 89
28 255 37
105.554 99
Bald Ea^le Valley R. R.
54
136,962 39
81,878 16
29927
54.784 96
Newry R R ....
1
34454
1,122 63
77809
Ebensb'g & Cress'n R.R.
11
10,383 97
13,125 01
2,741 04
Western Penn R. R
85
563,02908
350,222 85
28 36465
184,441 78
S W Penn R.W. . ..
43
299,758 92
159,108 24
9 551 10
131,099 58
Dan Haz & Wks.R.R.
44
99,505 91
81,223 63
3,058 26
15,224 02
L'bg C & Sp. C'k R. R.
44
30,881 58
24,984 87
1 ,306 47
4,590 24
Hanover and York R.R.
19
55,367 28
35,48543
2,173 33
17,708 52
Littlestown R. R
g
16,706 54
15,503 56
732 38
47066
Fred'k & Penn. L. R. R.
28
48,956 26
42,911 46
3,02254
3,022 26
UNITED RAILROADS OP
NEW JERSEY DIVISION.
New York Division ....
8Q
6,156,370 06
4.013,015 49
2 191 401 58
1,146,935 64
Amboy " ....
73
952,609 98
890,999 51
P. Amboy& W'bde R.R.
7
13,848 58
23,50454
17,387 96
Millst. & N. B'wickR.R.
7
8,38373
17,079 20
11,660 47
R'cky Hill & Kgs'n R.R.
6
3,437 88
14,036 97
11,821 09
Princeton Branch
3
7,857 35
15,329 31
7,477 96
Mercer & Somers'tR.W.
22
9,569 29
31,171 33
23,233 04
Fkf d & Holm'sb'g R.R.
5
5,998 41
8,901 38
9,672 97
Pern. & Hightst'n R. R.
25
22,788 59
33,816 86
43,257 27
Camden & Burl't'n Co. )
R R includ'g Burl v
25
i 151,55890
90,520 70
16 622 70
and Mt. Holly R. R. j
"Vincenttown R. R
7
3
2,48345
4,269 80
2,686 35
Mt. Holly, Lumbert'n j
7
7.748 42
8,969 97
12,410 55
and Medford R. R. . j
Columbus, Kinkora & ^
14
12,677 16
12,309 16
3,435 13
Springfield R. R )
DEL. & RARITAN CANAL
66
896,569 65
477,606 78
418,962 87
246,959 37
BELVIDERE DIVISION.
Belvidere Dela. R. R. I
68)
708,801 78
586,17026
38,516 27
183,72833
1
84,11525
Flemington R. R )
PHILA. AND ERIE R. R.
Phila. & Erie R.R
12 f
288
3,172,992 70
2,049,627 34
239,189 90
884,175 46
Total Miles of Railroad.
Canal....
1,624
66
31,117,146 18
19,028,467 24
317,185 59
10,187,936 82
1,723,18526
1,557,07562
RAILROAD MANUAL OF THE UNITED STATES.
319
The operations of the Pennsylvania Canal Co., and of the various coal companies
in which the Pennsylvania R. R. Co. holds an interest, were as follows, for the year
1877:
Gross
Receipts.
Expenses.
Interest,
etc.
Profit.
Loss.
Tons of
Coal '
Produced.
Pennsylvania Canal .
$299,915 14
$153,120 51
$185.400 00
$38,605 37
Susquehanna Coal Co
1 435,477 79
1,327,298 86
229,663 81
121,484 88
520,319
Summit Brunch R. R. Co
1,016,177 91
905,900 88
83,009 71
$27,267 32
264,468
L/vkens Valley Coal Co
213,687 68
388 219 91
296 49
174,828 72
65,210
Mineral R R & Min'g Co
856 655 89
801 954 42
7301 50
47,399 97
309,720
Total for 1876
$3,821,914 41
5,145,604 78
$3,576,494 58
4,924,455 74
$505,671 51
$74,667 29
360,987 43
$334,918 97
139,838 39
1,159,717
1,285,942
The lines owned or controlled west of Pittsburg, over which all the through
traffic east of Pittsburg is handled, are all operated by the Pennsylvania Company,
whose general office is at Pittsburg.
The total earnings of the Pennsylvania Company, on lines operated
by it, and through organizations worked under its control, for
the year 1877, were $23,042,574 15
The expenses for the same period were 15,044,982 34
Leaving net earnings of $7,997,591 81
Deducting rentals, interest, dividends, and liabilities of every kind
(including net earnings of C., C. and I. C. Railway, paid over to the
Receiver under orders of Court), also, interest on all bonds, float-
ing debt, and other liabilities of the Pennsylvania Company 7,925,673 95
Leaves a net profit in 1877, on the lines west of Pittsburg, of $71,917.86
In addition to the roads operated by the Pennsylvania Company, the results of
the following lines, which are worked through their own individual organizations,
and in connection with which liabilities have been assumed by the Pennsylvania R. R.
Company, or its lines west of Pittsburg, should be noted : St. Louis, Vandalia and
Terre Haute R. R., Indianapolis and St. Louis R. R., St. Louis, Alton and Terre
Haute R. R., Grand Rapids and Indiana R. R., Cincinnati, Richmond and Fort
Wayne R. R. , and Cleveland, Mount Vernon and Delaware R. R.
These lines show an aggregate as follows :
Gross earnings $4,343,314 76
Expenses 3,131,030 67
Net earnings $1,212,284 09
Deduct rental, interest, etc 1,924,382 20
Loss for 1877 $712,098 11
Of this loss, the Pennsylvania R. R. Co, and the lines west of Pittsburg,
in accordance with existing contracts, are required to pay $186,046 27
Deduct profit, as before stated, of 71.917 86
Net loss on all lines west of Pittsburg. $114,128 41
320 RAILROAD MANUAL OF THE UNITED STATES.
The difference between this amount and the balance to the debit of Profit and
Loss shown by the Income accounts of the Pennsylvania Co. and the Pittsburg,
Cincinnati and St. Louis R. R. Co., is due to the fact that the actual advances made
by these companies to their different lines during the year were $12,514.60 less than
the deficits shown by the operations of the roads.
The advances to enable the Grand Rapids and Indiana R. R. Co. to meet its inter-
est have been made also by the Pennsylvania R. R. Co., which holds the coupons
so purchased, and which, under the terms of its lease of the Fort Wayne road, is the
guarantor of $4,000,000, being one-half of its first mortgage funded debt. The bonds
to which these coupons belong are secured by a first mortgage, which covers, in addi-
tion to the road and its equipment, 890,000 acres of land along the line in the State of
Michigan. These lands were acquired by the Continental Improvement Co., and by
agreement between G. R. and Ind. R. R. Co. and that company were subsequently
pledged as additional security for the bonded debt, on condition that the Improvement
Co. should receive the bonds purchased through the proceeds of these lands in lieu of
the lands themselves. Of these bonds, $1,080,000 were purchased by the trustees of
the first mortgage of the G. R. and Ind. R. R. Co., and delivered to the Continental
Improvement Co., with the land guarantee canceled ; but under a subsequent
arrangement made with the Pennsylvania R. R. Co. these bonds are now converted
into Income bonds. $451,000 have already been so converted, and through the plan
adopted all of the remaining first mortgage bonds and their coupons that are purchased
(under the guarantee of the Fort Wayne Railroad Company, before the lease of that
line) will be paid, and Income bonds issued in lieu thereof.
The entire $1,531,000 bonds have been purchased with a portion of the proceeds
of 180,810 acres, and there are now on hand $547,000 of land notes and other assets
for the purchase of additional bonds. It is believed that the remaining lauds (709,000
acres) will, in connection with the earnings of the railroad, enable it to pay off its first
mortgage land-grant bonds, and secure all the advances required from it.
The amount of $229,590.06 was paid into the sinking fund for the redemption of
existing mortgages on the lines west of Pittsburg, during the year 1877.
The amount of betterment expenditures during the year on all these lines was
$246,246.03, and the Pennsylvania Co. received on account thereof, and of expendi-
tures previously made, $717,375.08, in betterment securities and cash, leaving a bal-
ance still due the Pennsylvania Company on that account of $337,671.89, which will
be received almost entirely in the stock of the Fort Wayne road and in Cleveland and
Pittsburg bonds.
The bills payable of the Pennsylvania Company amounted at the close of the
year to $2,933,699.99.
Large amounts of steel rail were laid during 1877, embracing 8,887 tons on the
Fort Wayne road, 1,505 tons on the Cleveland and Pittsburg, and 6,168 tons on the
Pittsburg, Cincinnati and St. Louis, and the Little Miami roads, aggregating in all
16,560 tons ; also, 1,120 tons on the St. Louis, Vandalia and Terre Haute road, and
165 tons on the Indianapolis and St. Louis road. There were laid 3,297 tons of new
iron rails upon the Grand Rapids and Indiana road and its leased lines.
The number of tons of steel rail laid on all the lines east and west of Pittsburg,
was 31,483.
1,000 box cars were delivered during the year to the Pittsburg, Cincinnati and
St. Louis Railway Co., which pays all the liabilities as they mature, being $107,000
EAILEOAD MANUAL OF THE UNITED STATES.
321
per annum. It is also proposed to build 1,500 additional freight cars for the Pitts-
burg, Fort Wayne and Chicago Ry. Co.
During the year the Pennsylvania Co. canceled its bonds bearing 7 per cent, gold
interest per annum, amounting to $6,989,000, and issued in their place $7,000,000
bonds, bearing 6 per cent, interest. To enable the Pennsylvania Co. to become the
owner of 14,181 shares of the special guaranteed stock of the P., F. W. and C. R'y
Co., the Pennsylvania R. R. Co. sold to the Pennsylvania Co. the 14,181 shares for
$1,322,837.50, receiving in payment thereof the following:
5,091 shares Louisville Bridge Company, at par, $100 $509,100 00
2,300 shares Little Miami R. R. Co., at par 115,000 00
199 Indianapolis and St. Louis R'y Equipment bonds 149,250 00
30 Erie and Pittsburg R. R. Co. construction bonds 24,000 00
355 P., C. and St. L. R'y Co. consolidated bonds 284,000 00
11 Pennsylvania Co.'s 1st mortgage 6 per cent, bonds 9,350 00
Note of the Pennsylvania Company of four months 232,137 50
$1,322,837 50
The Pennsylvania Company created $3,200,000 6 per cent, bonds for the purpose
of reducing the floating debt of that company, and all proceeds therefrom are so ap-
plied. The interest maturing quarterly on these bonds will be paid out of the divi-
dends received on the Fort Wayne stock, and the principal of the bonds will be ex-
tinguished within twenty years, leaving the ownership of the stock as an asset in the
hands of the Pennsylvania Company. Under this plan $22,000 of these bonds had
been retired at the close of 1877.
Summary of Lines directly operated East and West of Pittsburg.
Gross earnings, all lines, from traffic, 1877 $54,159,720 33
Gross expenses, including rentals, interest, dividends, etc 34,022,329 40
Showing net earnings $20,137,390 93
Tons of
Freight.
Tons one
Mile.
No. of Pas-
sengers.
No. of Passen-
gers one Mile.
All lines east of Pittsburg and Erie
18,405,711
2,180,459,888
13,007,832
298 752 730
14 870 384
1 459 762 931
7 753 123
244 344 440
33,276,095
3,640,222,819
20,760,955
543,097,170
Abstract of earnings, expenses, etc., of all lines, for four years :
Year.
Passen-
gers.
Mileage.
Freight
Tons.
Mileage.
Gross
Earnings.
Operating
Expenses.
Net Earnings.
1874. . .
$62 938 351 26
$39 422,645 29
$23 515 705 97
1875
1876. . .
1877
21,456,457
25,393,725
20,760,955
562,514,468
882,562,609
543,097,170
28,820,799
31,092,631
33,276,095
3,335,797,675
3,594,862,558
3,640,222,819
58,096,865 91
61,561,211 29
54,159,720 33
36,574,140 96
39,495.736 89
34,022,329 40
21,522,724 95
22,065,474 40
20,137,390 93
The average distance traveled by each passenger on the main line in 1877 was
27.9 miles ; on the Philadelphia and Erie R. R., 25.2 miles ; on all Hnes east of Pitts-
burg, 22.9 miles ; and on lines west of Pittsburg, 31.5 miles.
21
322 EAILEOAD MANUAL OF THE UNITED STATES.
The fast freight line of Empire Transportation Company was purchased October
17, 1877, and the business will be continued under the title of the "Empire Line."
Under the arrangement made the Pennsylvania R. R. Co. paid the Empire Transpor-
tation Company, in car-trust certificates, $1,650,000 for its ordinary freight equip-
ment, consisting of 2,704 box cars, 200 stock cars, 100 gondola cars, and 400 rack cars,
in all 3,406 cars ; also, $900,000 in like certificates for its oil-carrying equipment, em-
bracing 1,308 tank cars. It also purchased all the pier and depot property, shops,
offices, etc., belonging to that company, for $450,000, paid in securities. The Pennsyl-
vania R. R. Co. has 10 years in which to pay in quarterly instalments the $1,650,000,
and 8 years in which to pay the $900,000, six per cent, interest. It is believed that
the arrangement for the purchase of the Empire equipment and facilities will be bene-
ficial, and that the increased revenues will provide for the payment of tlie equipment
within the time specified.
Under the several car trusts created since February, 1875, 3,500 eight- wheeled
coal cars have been placed upon lines east of Pittsburg, and 1,000 box cars on south-
western lines.
The cars for lines east of Pittsburg, cost $1,949,000
Those west of Pittsburg 535,000
Total $2,484,000
Of which there had been paid up to December 31, 1877 :
On account of lines east of Pittsburg $465,000
West of Pittsburg 18,000
Total. . 483,000
Leaving outstanding at that date $2,001,000
The losses to the company at Pittsburg, in consequence of the strike of July,
1877, by which all the company's shops, engine-houses, etc., at that place were de-
stroyed, amounted to 39 buildings, 104 locomotives, 46 passenger cars, and 506 freight
cars, the whole loss aggregating about $2,000,000. In addition thereto, the actual
revenue lost, through stoppage of traffic, is estimated at $1,000,000, and the value of
the merchandise in transit destroyed at from $1,000,000 to $1,500,000. In addition
to the above 20 passenger and 861 freight cars, together with their contents, and
valuable buildings belonging to western lines, were destroyed, and a large amount of
property belonging to outside companies and individuals, including the large grain
elevator at Pittsburg, so that the entire loss will probably exceed $5,000,000.
The directors recommended to the stockholders a plan for the read] ustment of
its liabilities at a lower rate of interest, which was adopted at the annual meeting,
March 26, 1878, the general terms of which are as follows :
That there be appropriated from net earnings $100,000 per month, commencing
May 1, 1878, to be deposited in trust for the purchase from time to time of bonds
and shares of other companies, guaranteed by the Pennsylvania R. R. Co., and also
the bonded debt of the Pennsylvania Co., except that portion already provided for by
special trust.
For the $1,200,000 per annum so appropriated, and such sum expended annually
for construction and equipment purposes as will complete the amount of two per
centv per annum on the capital stock ($177,404), the shareholders to be entitled to re-
ceive annually scrip equivalent to a dividend of $1 per share, redeemable at the
KAILKOAD MANUAL OF THE UNITED STATES. 323
•
option of the company, bearing interest at 4 per cent, per annum, payable semi-
annually, and in addition thereto, the balance of the net earnings in cash.
The income of the trust to be applied :
1st. To the necessary expenses of the trust.
2d. To payment of interest on scrip issued to shareholders.
3d. To the purchase of outstanding guarantees and obligations.
The principal sum of the entire fixed obligations of the company upon leased
lines and guaranteed securities, covering 3,405 miles of railway and 408 miles of
canal, are stated as follows :
UNITED NEW JERSEY RAILROAD AND CANAL COMPANY, including
all companies in which it was concerned as a guarantor $47,205,675 00
PENNSYLVANIA RAILROAD COMPANY :
All lines east of Pittsburg and Erie 35,450,266 66
All lines west of Pittsburg and Erie 95,360,351 45
$178,016,293 11
Bonded indebtedness of the PENNSYLVANIA COMPANY 7,000,000 00
$185,016,293 11
Deduct amount of bonds redeemed and in sinking fund 4,500,000 00
The balance of these fixed liabilities is $180,516,293 11
The average annual interest and guarantee thereon is 7.4 per cent.,
or in round numbers $13,400,000 00
To meet this obligation the net earnings for 1877 from
the western lines were $7,269,557 09
From all lines east of Pittsburg and Erie, after pay-
ing interest on the debt of the Pennsylvania Rail-
road Company, and rental of its branch lines
worked at their cost, for the same period 10,844,833 19
18,114,390 28
Leaving a surplus, based upon the earnings of 1877, of. $4,714,390 28
to meet the installments to the proposed trust, incidental liabilities of the various
companies, and cash dividends on the stock.
Such a plan would ultimately result in the practical ownership 'of all leased
lines, or their assets and guaranteed liabilities, and finally the property would be
held practically free from bonded debt and liabilities, and would embrace 3,912 miles
of railway and 408 miles of canal.
To illustrate the working of the trust, an appropriation of $1,200,000 per annum,
for a period of thirty years, would enable it to own for the shareholders, through the
purchase of guaranteed stocks and bonds at rates yielding seven per cent, revenue to
the trust, and through the accretions thereon after paying interest on the scrip issued
to the shareholders out of the trust fund, not less than $73,000,000. If the securities
referred to could be purchased at rates yielding eight per cent, to the trust, then it
would own at the end of the same period $94,000,000.
324
RAILROAD MANUAL OF THE UNITED STATES.
General Account, December 31, 1877.
DR.
Capital Stock
First Mortgage Bonds, due 1880 $4,970,000 00
General Mortgage Bonds, due 1910 19,999,760 00
Consolidated Mortgage Bonds, due 1905 29,250,000 00
Navy Yard Mortgage Registered Bonds, due 1881 1,000,000 00
Lien of the State on Public Works, 5 per cent, interest, payable in annual
installments of $460,000 (original amount, $7,500,000) 4,572, 110 31
Mortgages and Ground Rents 1,311,576 91
Accounts Payable, viz. :
Passenger Balances due other roads $267,540 46
Pay Rolls and Vouchers for December, 1877. 2,502,133 33
BillsPayable 1,500,00000
Cash, Dividend unpaid 14,501 25
Dividend Scrip outstanding 2,241 11
Sundry Accounts due other roads 2,111,175 20
Appraised value of Securities of United N. J. R. R. and Canal Co. trans-
ferred with lease
Equipment owned by ditto
Balance to credit of Profit and Loss
$68,870,200 00
61,103,447 22
6,397,591 35
3,895,584 60
3,947,479 53
2,347,382 00
$146,561,684 70
CR.
Balance on books for construction R. R., including branches, in all 325
miles, and cost of stations, etc., on the whole road $24,366,296 99
Purchase of Philadelphia and C9lumbia R. R 5,375,733 43
Equipment of road, 938 locomotives, 595 passenger cars, 183 baggage, mail,
and express cars, 17,378 freight cars, and 1,367 road cars, including
machinery, equipment of canal, etc 17,470,569 72
Real estate and telegraph line 9,1 85,888 39
Extension to Delaware River, etc 2,065,227 16
^ _ _^_
Total for R. R. between Philadelphia and Pittsburg, comprising 1,067.76
miles of single track (exclusive of Harrisburg and Lancaster Railroad,
100.18 miles), including sidings, stations, equipment, etc., etc $58,463,715 69
OTHER ASSETS.
Bonds of R. R. Cos $30,149.572 07
Capital Stocks of R. R. Cos 25,934,79992
Bonds and Stocks of Corporations, Coal Cos., etc 9,241.770 24
Total Bonds and Stocks 65,326,14223
*Insurance fund 10,000 00
Mortgages and ground rents 190,988 31
Anthracite coal lands 809,178 01
Securities owned by United N. J. Co 3,895,584 60
Equipment owned by ditto 3,947,479 53
Fuel and materials for repairs :
Pennsylvania R. R $1,626,28561
United N. J. R. R 613,019 91
Philadelphia and Erie R. R 262,307 42
2,501,612 94
Bills and accounts receivable from other roads, viz. :
Philadelphia and Erie R. R. Co $317.454 53
United N. J. R. R. Co 254,505 33
sinking fund account 866,970 00
real estate 330,237 97
Other companies 5.271,424 54
7,040,592 37
Cash in London for coupons due 1,196,906 31
Cash in hands of freight and passenger agents $1.727,624 34
Cash in hands of treasurer 1,451,860 37
3,179,484 71
$146,561,684 70
* The Insurance Fund actually represents an asset of $500,000— invested in the following securities :
$260,000— Susquehanna Coal Company's bonds, at $221,261 09
51,000 — Steubenville and Indiana Railroad Company's bonds, at 40,800 00
280,700— Western Pennsylvania Railroad Company's bonds, at 221,70000
20,000— Summit Branch Railroad Company's bonds, at 16,238 91
$611,700
$500,000 00
RAILROAD MANUAL OF THE UNITED STATES. 325
LIST OP BONDS OWNED BY THE PENNSYLVANIA R. R. Co., DECEMBER 30, 1877.
Name of Security.
--
No. of Bonds.
Par Value.
Alexandria and Fredericksburg Railway, 1st Mortgage 7 per cent., gol(
998
3,712
100
2,000
1,000
1,200
30
30
300
$1,000
1,000
1,000
1,000
1,000
1,000
500
500
1,000
$998,000 00
3,712,000 00
100,000 00
2,000,000 00
1,000,000 00
1,200,000 00
15,000 00
15,000 00
300,000 00
2,773 75
752,000 00
110,000 00
1,822,000 00
1,258,000 00
3,504,000 00
15,000 00
264,000 00
112,900 00
121,400 00
230,000 00
115,000 00
16,500 00
52,400 00
440,000 00
249,000 00
1,500,000 00
483,000 00
1,899,000 00
200,000 00
1,200.000 00
1,600,000 00
1,000,000 00
6,834 42
467,000 00
7,000,000 00
1,478,000 00
3,00000
100,000 00
1,000 00
3,680,000 00
355,000 00
1,605,000 00
100,000 00
95,000 00
212,500 00
1,700,000 00
805,000 00
743,000 00
6,000 00
226,000 00
225,000 00
200,000 00
457,000 00
5,000 00
483,000 00
1,200,000 00
10,000 00
277,800 00
Baltimore and Potomac R R. 2 Mortgage Income 6 per cent
Bedford find Bridgeport R R 1st Mortgage 7 per cent ....
Belvidere Delaware R. R , Consolidated Mortgage 7 per cent
Bell's Gap R. R., 1st Mortgage 7 per cent
Burlington Co. (Vincenttown Branch) R. R., 1st Mort. 6 p. c., overdue.
City of Philadelphia 6 per cent Loan
Cincinnati and Muskingum Valley R. R., 7 per cent
752
110
1,822
1,258
3,504
15
( 173
•{ 134
( 120
j 44
1 909
j 42
1 1,004
230
1,000
1,000
1,000
1,000
1,000
1,000
1,000
500
200
500
100
500
100
1,000
Cincinnati Street Connection, 6 per cent
Columbia and Port Deposit R. R., 1st Mortgage 7 per cent
Columbus, Chicago and Indiana Central Ry., 7 p. c. $5,000,000 loan
" " 7 " $10,000,000 " ....
County of Clark, Illinois Bonds, 8 per cent
Danville, Hazleton and Wilkesbarre R. R., 1st Mortgage 7 per cent —
East Brandywine and Waynesburg R. R., 1st Mortgage 7 per cent
East Brandywine and Waynesburg R. R., New Holland Extension 7 p. c
Erie and Pittsburg R. R., 7 per cent. Equipment Loan
" " " 1st Mortgage 6 per cent., gold.
u u ct u " 2d "6 " "
Indianapolis and St. Louis R. R., 1st Mortgage 7 per cent
\ '?
1 l
\ 434
440
249
(1,489
\ 17
( 25
483
1,899
j 100
1 200
1,200
1,600
1,000
1,000 |
500i
l,000i
500V
100)
1,000
1,000
1,000)
500}-
100
1,000
1,000
1,000}
500|
1,000
1,000
1,000
" Equipment 8 "
International Navigation Co., 1st Mortgage 7 per cent
Jersey City and Bergen R. R. , 1st Mortgage 7 per cent
Lewisburg, Centre and Spruce Creek R. R., 1st Mortgage 7 per cent
Mifflin and Centre County R. R., 1st Mortgage 6 per cent
Newport and Cincinnati Bridge Co., 1st Mortgage 7 per cent
Northern Central Railway, Cons'd General Mortgage 6 per cent., gold..
" 2d General Mortgage 6 per cent
Pennsylvania and Delaware R. R. Judgment
Pennsylvania Canal Bonds, 1st Mortgage 6 per cent
467
7,000
1,478
3
100
1
3,680
355
1,605
100
95
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
Pennsylvania Company, 1st Mortgage 6 per cent
Secured 6 per cent
Pennsylvania Railroad, 1st Mortgage 6 per cent
Perth Amboy and Woodbridge R. R., 1st Mortgage 6 per cent
Philadelphia and Erie R. R., 6 per cent
" " " 6 " gold, General Mortgage
Pittsburg, Cincinnati and St. Louis Ry., Consolidated Mort. 7 per cent,
'ittsburg, Virginia and Charleston R. R., 1st Mort. 7 per cent, gold
Pittsburg, Wheeling and Kentucky, 1st Mortgage 7 per cent
Pullman Palace Car Bonds, 8 per cent
Richmond and Danville R. R., 1st Mortgage 6 percent
" Consolidated Mortgage 6 per cent., gold. .
Shamokin Valley and Pottsville R. R., 1st Mortgage 7 per cent., gold. . .
Southwest Pennsylvania Railway, 1st Mortgage 7 per cent
1.700
( 715
180
743
1,000
1,0001
500j
1,000
" Certificate of Indebtedness, 7 p. c
Steubenville and Indiana R. R., 7 per cent. .
226
225
200
457
10
304
358
1,200
10
185
127
293
1,000
1,000
1,000
1,000
500
1,000}
500f
1,000
1,000
1,000)
500V
100
St. Louis, Vandalia and Terre Haute R. R., 2d Mort. Convertible 7 p. c
Summit Branch R. R., 1st Mortgage 7 per cent
Susquehanna Coal Co., 1st Mortgage 6 per cent
Trenton Horse Car R. R., 7 per cent. .
Warren and Franklin R. R., 1st Mortgage 7 per cent
Western Pennsylvania R. R., General Mortgage 7 per cent. . .
" 1st Mortgage 6 per cent
Western Pennsylvania R. R. Branch, 6 per cent .
Total
47,722,108 17
—
326 RAILBOAD MANUAL OF THE UNITED STATES.
LIST OF STOCKS OWNED BY THE PENNSYLVANIA R. R. Co., DECEMBER 30, 1877.
No. of
Shares.
Name of Security.
Par Value.
25,000
9,000
3,682
60,852
300
666
6.500
22,000
25,544
5,286
4,744
19,516
298
18
2,000
1,529
19,217
1,000
27
7,924
9,013
153*
16,667
8,050
48,420
38,000
70,231
160,000
59,900
7,351
31,636
48,000
250
80
60,000
8,100
6,750
3.541
7,089
8,370
43,804
16,885
20,000
1,551
19,837
3,000
Allegheny Valley Railroad Company Stock
American Steamship Company Stock ,
Bald Eagle Valley Railroad Company Stock
Baltimore and Potomac Railroad Company Stock ,
Bell's Gap Railroad Company Stock
Camden and Philadelphia Steamboat Ferry Company Stock
Chartiers Railway Company Stock
Cleveland, Mount Vernon, and Delaware R. R. Co. Common Stock ,
Connecting Railway Company Stock ,
Cresson Springs Company Stock
Cumberland Valley Railroad Company Preferred Stock
" " " " • Common " ,
Car Trust of Pennsylvania Stock
East Brandy-wine and Waynesburg Railroad Company Stock ,
International Exhibition Company Stock
Junction Railroad Stock
Jeffersonville, Madison and Indianapolis Railroad Stock ,
Keystone Hotel Company Stock
Lewisburg, Centre and Spruce Creek Railroad Stock ,
Little Miami Railroad Company Stock ,
Louisville Bridge Company Stock : ,
Lewistown and Kishacoquilla Turnpike Road Stock ,
Mineral R. R. and Mining Co. Stock ,
Newport and Cincinnati Bridge Company Preferred Stock
Northern Central Railway Company Stock
Northwestern Ohio Railway Company Stock ,
Pennsylvania Canal Company Stock
Pennsylvania Company Preferred Stock
Common " ,
Pennsylvania Steel Company Stock ,
Philadelphia and Erie Railroad Company Common Stock
Preferred "
Philadelphia and Merion Railroad Company Stock, First Installment
Philadelphia and Southern Mail Steamship Company Stock
Pittsburgh, Cincinnati, and St. Louis Railway Preferred Stock
Pittsburgh, Virginia, and Charleston Railway Company Stock
Pullman Palace Car Company Stock
Railway Equipment Trust of Pennsylvania Stock ,
Richmond and Danville Railroad Company Stock
River Front Railroad Company Stock. First Installment paid
Southwest Pennsylvania Railway Company Stock ,
St. Louis, Vandalia and Terre Haute R. R. Co. First Preferred Stock
Summit Branch Railroad Company Stock ,
Susquehanna Coal Company Stock. ,
Tyrone and Clearfield Railway Company Stock
West Jersey Railroad Company Stock, $25 per share, paid ,
Western Pennsylvania Railroad Company Stock ,
United New Jersey Railroad and Canal Company Stock
Total.
50
100
50
50
50
50
50
50
50
25
50
50
1,000
50
25
50
100
100
50
50
100
100
50
50
50
50
50
100
50
50
125
50
50
100
1,000
100
50
100
50
100
50
50
100
$1,250,000
900,000
184,100
3,042,600
15,000
33,300
3-25,000
1,100,000
1,277,200
132.150
975,800
298,000
900
50,000
76,450
1,921,700
100,000
1,350
396,200
901,300
33,334
805,000
2,421,000
1,900,000
3,511,550
8,000,000
2,995,000
735,100
1,581,800
2,400.000
1,250
10,000
3,000,000
405,000
675,000
3,000
600
17.705
354,450
837,000
2,190,200
1,688,500
1,000,000
54,285
991,850
300,000
$49,129,875
SUMMARY.
Par Value of Bonds $47,722,108 17
Par Value of Stocks 49,129,875 00
Total $96,851,983 17
Cost as per General Account 65,326,14223
The following is a summary of stocks and bonds held by the company for a
series of years : (December 31).
1873.
1874.
1875.
-t o**/»
•• loiD.
1877.
$29,053 200
$38 165 300
$45 503 434
$45 286 408
$47 722 108
Stocks, "
44,541,240
52,463,885
50 542 435
49,850 436
49,129,875
Total
$73,594,440
$90 629 185
$96 045 869
$95 136 844
$96 851 983
Cost of Bonds and Stocks
52,692,419
68,542,569
70,759,012
70 524,809
65,326,142
KALLROAD MANUAL OF THE UNITED STATES.
327
Abstract of road, equipment, and general account for seven years (December 31):
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Miles of Road
276
1,252
640
297
129
10,871
1,117
$
41,339,475
4,972,000
4,866,840
18,604,500
276
1,432
723
336
136
13,749
1,267
$
53,271,938
4,970,000
4,865,840
19,490,760
276
1,507.8
878
385
136
16,282
1,307
$
68,144,475
4,970,000
4,865,840
19,558,760
8,245,000
325
1,609.3
882
394
154
16,849
1,367
$
68,719,400
4,970,000
4,835,840
19,934,760
14,550,000
325
1.591.2
883
396
148
17,030
1,367
1
68,870,200
4,97'0,000
325
I,7d9.8
935
586
162
17,318
1,367
$
68,870,200
4,970,OUO
325
1,821
" " Track
Engines
Passenger Cars
Baggage, etc., Cars
Freight "
Service "
Capital Stock
$
68,870,200
4,970,000
1st Mort. Bonds, due 1880.
2d " " " 1875.
General" " " 1910.
Consol. " " " 1905.
Navy Yd Mort." " 1881.
State Lien
19,999,760
29,250,000
19,999,760
29,250,000
1,000,000
4,795,108
91,361
5,382,910
19.999,760
29,250,000
1.000,000
4,572,110
1,311,577
6,397,591
5,758,905
215,959
11,060,503
2,000,000
5,584,670
161,009
15,430,198
2,000,000
4,065,225
5.401,675
104,509
16,270,588
2,000,000
4,322,225
5,201,675
94,809
11,407,055
2,000,000
3,900,434
354,659
4,898,121
9,021,643
5,007,360
91,361
5,689,158
2,000,000
3,895,584
354,659
4,409,321
10,077,839
Ground Rents
Accounts Payable
Contingent Fund
United N.J.Co.'s Securities
Materials, United N.J.Co.'s
Equipt., United N. J. Co.'s
Bal. credit Profit and Loss
Total
3,895,584
3,895,584
4,023,330
10,054,197
3,947,480
2,347,382
1,253,887
6,919,154
6,842,563
90,072,070
15,237,965
5,375,733
7,458.101
5,258,643
1,279,71?
32,597,338
2,433,433
1,794,619
13,658,025
116,658,824
18,309,837
5,375,732
11,154,555
6,085,733
1,512,002
42,907,822
2,433,433
3,374,708
18.890,398
4,065,225
140,725,637
19,610,224
5,375,733
15,333,714
6,563,619
1,688,518
52,692,419
149,888,398
21,989,368
5,375,733
16,188,201
6,831,367
2.003,177
68i542,569
154,615,243
22,747,978
5,375,733
16,748,921
6,762,775
2,036.559
70,759,012
152,332,450
23,631,732
5,375,733
17,395,080
8,079.350
2,036,612
70,524,809
146,561,684
24.366.297
5,375,733
17,470,570
9,185,888
2,065,227
65,326,142
Cost R.R.Harrb'g to Pitts'g
Phila. and Columbia R. R.
Equipment . .
Real Estate, etc
Delaware River Extension .
Bonds, Stocks, etc
Sinking Fund
Materials and Fuel
4,788,648
25,979,087
4,322,225
4,022,849
11,166,100
3,900,434
4,898,121
840.622
3,597,832
10,009,124
3,895,585
4,409,321
841,622
278,739
381,302
6,715,741
3,561,741
8,129.145
3,895,585
4,023,330
843,789
10,000
3,500
4,822,072
2,501,613
7,040,592
3,895,585
3,947,480
809,178
10,000
190,988
4,376,391
Accounts Receivable, etc..
Securities, U. N. J. Co.'s..
Equipment, "
Coal Lands
Insurance Fund
Real Estate Mortgages. . . .
Cash on Hand and in Bank.
2,978,495
2,576,317
4,371,449
4,129,856
90,072,070
116,658,824
140,725,637
149,888,398
154,615,243
152,332,450
146,561,684
THOMAS A. SCOTT, President Philadelphia.
Geo. B. Roberts, 1st Vice-President "
Edmund Smith, 2d " "
A. J. Cassatt, 3d " "
Treasurer— Bayard Butler Philadelphia.
Asst. Treas.—J. L. Taylor
/Secretary- Joseph Leslie
Asst. See.— John C. Sims, Jr.
Gen. Manager— Frank Thomson
Gen. Solicitor— John Scott
Asst. Gen. Solicitor— G. W. J. Ball....
( Strickland Kneass. . .
Assets, to Pres. < John P. Green
( J. N. DuBarry
And. of Disbursements— T. R. Davis..
And. of Pass. Eeceipts—R. W. Gwinner
And. of Frt. Receipts— Geo. M. Taylor
Gen. Supt. Pa. Div.—G. C. Gardner Altoona.
I W. F. Lockard Philadelphia.
DID. Supts. •< James McCrea Harrisburg.
f Robert Pitcairn Pittsburgh.
Consulting JSng.—W. H. Wilson Philadelphia.
Comptroller— Robert W. Downing.... Philadelphia.
Cashier— B. F. Crawford ..............
Purchasing Agent — Enoch Lewis ____
f J. McC. Creighton ..... . . Blairsville.
Div. Aupts. I S. S. Blair ................... Tyrone.
'. E. B. Taylor .............. Lewistown.
I S. M. Prevost ................ Bedford.
Eng. Bridges and BWgs — J. M. Wilson — Phila.
Supt. of Trans. — John Reilly ........... Altoona.
Cer> Aafnt* -I Cha8> K PuSh ........ Philadelphia.
ben. Agents— ] Robert pitcairn ....... Pittsburgh
Gen. Pass. Agt.—L. P. Farmer ....... Philadelphia.
Gen. Frt. Ag't.—S. B. Kingston ....... "
Gen. Baggage Agent— G. R. Clement.
328 RAELEOAD MANUAL OF THE UNITED STATES.
Directors (elected March 26, 1878). — By the Stockholders : Thomas A. Scott,
Josiah Bacon, Wistar Morris, Alexander Biddle, N. Parker Shortridge, S. M. Felton,
John M. Kennedy, Henry M. Phillips, D. B. Cummins, and Henry D. Welsh, Phila-
delphia, Pa. By City of Philadelphia : William Anspach, G. Morrison Coates, and
Alexander M. Fox. By the Board of Directors : George B. Roberts, Edmund Smith,
and A. J. Cassatt.
PRINCIPAL OFFICE AND ADDRESS, 233 South Fourth Street, Philadelphia, Pa.
BALD EAGLE YALLEY EAILKOAD.
Chartered about 1860, and road completed December 7, 1864. It extends from
Lock Haven, Pa., to a junction with the Tyrone and Clearfield R. R., 56.8 miles, with
4.382 miles of sidings, including branch to Bellefonte, 2.5 miles. The lessees pay 40
per cent of gross earnings, deducting tonnage taxes.
Operations for year ending December 31, 1877. — Included in lessees' returns.
Gross earnings, $136,962.39 ; operating expenses, $81,878.16 ; net receipts, $55,084.23,
of which $54,784.96 go to the company, under the lease. Payments — dividends (8 per
cent.), $33,000 ; interest, $26.614.
Financial Statement, December 31, 1877. — Capital stock, 11,000 shares, $550,000 ;
and funded debt, 1st mortgagee per cent, bonds, due July 1, 1881, $316,900, and 2d
mortgage 7 per cent, bonds, due July 1, 1884, $100,000— total, $416,900 ; total, stock,
and bonds, $966,900. Per contra : Nominal cost of railroad and appurtenances,
$1,050,000 : real estate, $10,000— total, $1,060,000.
L. A. MACKET, President Lock Haven, Pa.
Treas. and Sec.— EL. T. Beard?ley..Lock Haven. Pa. | Superintendent— S. S. Blair Tyrone, Pa.
BEDFOED AND BKIDGEPOKT KAILKOAD.
Chartered about 1870, and road completed in 1872. It extends from Mount Dallas
to Marlyland State Line, 39 miles, with a branch to Holderbaum, 10.5 miles — 49.5
miles in all — and 4.793 miles of sidings. It is leased to the Pennsylvania R. R. Co.,
who furnish equipment and operate the road, paying surplus to lessor.
Operations. — Included in lessees' returns. Gross earnings, $76,837.72; operating
expenses, $76,433.83. Balance, $404.39 to lessor.
Financial Statement, December 31, 1877. — Capital stock authorized, $600,000 ;
subscribed, $362,500; and paid in, $352,227.10 ; and funded debt, 1st mortgage 7 per
cent, bonds, principal due January 1, 1893, $1,000,000 ; coupons unpaid, $227,360 ;
and floating debt, $75,363.40— total stock, bonds, and debt, $1,659,950.54. Per contra :
Construction and equipment, $1,419,003.16.
JOHN CESSNA, President Bedford, Pa.
Albert Hewson, Treas. and Sec Philadelphia, Pa.
RAILROAD MANUAL OF THE UNITED STATES. 329
COLUMBIA AND POET DEPOSIT EAILEOAD.
Chartered about 1865, and construction commenced in 1866. Road completed
July 1, 1877. It extends from Columbia, Pa., to Port Deposit, Md., 39.4 miles, with
2 miles of sidings. It is leased to and operated by the Pennsylvania R. R. Co.
Operations for year ending December 31, 1877. — Included in lessees' returns.
Gross earnings, $14,395,90; operating expenses, $13,113.80; net earnings, $1,282.10.
Financial Statement, December 31,1877. — Capital stock subscribed, $231,350;
paid in, $208,177.11. Funded debt, 1st mortgage bonds (7 per cent.), due August 1,
1892, $1,603,000 ; floating debt, $419,045.33— total stock, bonds, and debt, $2,230,222.44.
Expended for construction, $1,689,392.35. Interest and discount, $66,800. Real
estate owned, $31,346.22.
STRICKLAND KNEASS, President Philadelphia, Pa.
Secretary and Treasurer— J '. A. McClure Philadelphia, Pa.
CONNECTING EAILEOAD.
Company chartered in 1865, and road opened in 1867. It extends from Man-
ia Junction, in Philadelphia, to Frankford Junction, on the Philadelphia and Tren-
Dn R. R.,6.74 miles double track, with 9.79 miles of third and fourth tracks and
sidings, and connects the lines operated by the Pennsylvania R. R. Co. east of Phila-
delphia with those running west and south from that city. It is leased to the Phila-
delphia and Trenton R. R. Co., but is operated by the Pennsylvania R. R. Co.
Financial Statement, December 31, 1877.— Capital stock paid in, $1,278,300;
funded debt, $991,000; floating debt, $89,489.12— total stock, bonds, and debt, $2,358,-
789.12. Per contra: Cost of construction, $2,358,789.12. The company also owns
$200,000 of real estate. The funded debt consists of 1st mortgage 6 per cent, bonds
falling due, $193,000 in 1900, $199,000 in 1901, $200,000 in 1902, $199.000 in 1903, and
$200,000 in 1904, September 15 in each year. Dividend paid in 1877, 6 per cent. $76,698.
THOMAS A. SCOTT, President Philadelphia, Pa.
DANVILLE, HAZLETON AND WILKESBAEEE EAILEOAD.
Chartered April 5, 1859, and road opened in 1870. It is leased to the Pennsylvania
R. R. Co. , and is operated as a branch of the Philadelphia and Erie R. R. It extends
from S anbury to Tomhicken, Pa., 43.44 miles, with 5.46 miles of sidings. It was sold
under foreclosure March 20, 1878, for $400,000, and is to be reorganized.
Operations for year ending December 31, 1877. — Included in lessees' returns.
Gross earnings, $99,505.91 ; operating expenses, $81,223.63 ; net earnings, $18,282.28.
Financial Statement, January 1, 1878. — Capital stock authorized, $800,000;
t>aid in, $658,500 ; funded debt (1st mortgage 7 per cent, bonds, interest April and
330 BAILEOAD MANUAL OF THE UNITED STATES.
October, and principal October 1, 1887, $1,400,000 ; and 2d mortgage bonds, due Octo-
ber 1, 1895, $47,000), $1,447,000; and floating debt, $187,000— total stock, bonds, and
debt, $2,292,500. Per contra: Cost of road, $1,072,350. Estimated value of real
estate, $400,000.
J. P. CASSELBURY, President Philadelphia, Pa.
EAST BRANDYWINE AND WAYNESBURG RAILROAD.
Chartered March 3, 1854, and road opened to Waynesburg 17.71 miles, in 1863.
In 1876 it was opened to New Holland, making total length from Downington to
New Holland 28 miles, with 1.15 miles of sidings. It is leased to the Pennsylvania
R. R. Co.
Operations for year ending December 31, 1877. — Included in lessees' reports.
Gross earnings, $32,293.39 ; operating expenses, $20.244.80 ; net earnings, $12,048.59.
Financial Statement, December 31, 1877. — Capital stock paid in, $145,550;
funded debt 1st mortgage 7 per cent, bonds, due July 1, 1885, $140,000 ; and 2d
mortgage 8 per cent, bonds, due January 1, 1873, $35,000 ; mortgage bonds (exten-
sion), due January 1, 1898, $200,000— total, funded debt, $375,000 ; and floating debt,
$2,000 — total stock, bonds, and debt, $522,550. Per contra : Cost of road and appur-
tenances, $522,550.
JOHN CORNOG, President Wallace, Pa.
EBENSBURG AND CRESSON RAILROAD.
Chartered March 30, 1859, and road opened in 1869. It extends from Ebensburg
to Cresson, Pa., 11.30 miles, with 0.556 mile of sidings. It is leased to the Penn-
sylvania R. R. Co.
Operations for year ending December 31, 1877. — Included in lessees' report.
Gross earnings, $10,383.97; operating expenses, $13,125.01.
Financial Statement, December 31, 1877.— Capital stock, $42,000 ; funded debt,
1st mortgage 6 per cent, bonds, due 1881, $80,000— total, $122,000, representing cost
of construction.
A. A. BARKER, President Ebensburg, Pa.
FRANKFORD AND HOLMESBURG RAILROAD.
Chartered in 1868, and road opened May, 1870. It extends from Holmesburg
Junction to Bustleton, Pa., 4.16 miles with 0.95 mile of sidings. It was leased from
January 1, 1871, for two years to the Philadelphia and Trenton R. R. Co., and the
lease transferred, by that company to the Pennsylvania R. R. CQ.
RAILROAD MANUAL OF THE UNITED STATES. 331
Operations for year ending December 31, 1877. — Included in lessees' returns.
Gross earnings, $5,998.41 ; operating expenses, $8,901.38.
Financial Statement, December 31, 1877.— Capital stock paid in, $100,000;
funded debt, $50,000, 1st mortgage 7 per cent, bonds ; floating debt, $5,342.63 — total.,
$155,342.36. Per contra: Cost of road and equipment, $159,427.07.
LEWIS THOMPSON, President Philadelphia, Pa.
FKEDEKICK AND PENNSYLVANIA LINE KAILKOAD.
Chartered about 1870, and road opened in October, 1872. It extends from Fred-
erick City, Md., to the Pennsylvania State Line, 27.80 miles, with 0.84 mile of sidings.
At State Line it connects with the Littlestown R. R., and the roads are operated to-
gether. It is leased and operated by the Pennsylvania R. R. Co., and gives a direct
line from that company's road at Columbia, Pa., to Frederick, Md., 69.5 miles.
Rolling Stock. — Furnished by lessees.
Operations for year ending December 31, 1877. — Gross earnings, $48,956.26 ;
operating expenses, $44,911.46; net earnings, $6, 448. 80. Of this amount, $3,022.54
went to Penn. R. R. Co. for interest on equipment, etc., and the balance, $3,022.26,
was received as rental.
Financial Statement, April 30, 1873.— Capital stock, $1,000,000 ; paid in, $312,-
528.14; funded debt, $500,000; and floating debt, $93,116.68— total stock, bonds, and
debt, $905,644.82. Per contra : Cost of road and equipment, $804,753.60. No later
information furnished as to cost of road.
JOHN LOATS, President Frederick City, Md.
HANOYEK AND YOKK KAILKOAD.
Chartered in 1874, and road opened in 1875. It extends from Hanover to York,
Pa., 18.70 miles, with 0.59 mile of sidings, and connects the Littlestown R. R. with
the York Branch of the Pennsylvania R. R. It is leased to the Pennsylvania R. R.
Co., which operates the road at cost, paying over any surplus to the H. and Y. R. R. Co.
Rolling1 Stock and Operations. — Included in lessees' returns. Gross earnings
for year ending December 31, 1877, $55,367.28 ; operating expenses, $35,485.43; net
earnings, $19,881.85 ; of which $10,500 were used in payment of interest on funded
debt, $2,173.33 for interest on equipment, and the balance applied to floating debt.
Financial Statement, December 31, 1877.— Capital stock authorized, $250,000 ;
paid in, $207,200 ; funded debt, $150,000 ; floating debt, $35,254— total, $392,454.
Per contra : Expended for construction, $347,460.96.
JOHN S. YOUNG, President Hanover, Pa.
332 RAILROAD MANUAL OF THE UNITED STATES.
HAEEISBUEG, POETSMOUTH, MOUNT JOY AND LAN-
CASTEE EAILEOAD.
This company was chartered June 9, 1832, and the road opened in September,
1838. It extends from Harrisburg, Pa., to Lancaster, Pa., 36 miles, with 10 miles of
double track and 9.61 of sidings. It was leased to the Pennsylvania R. R. Co. De-
cember 20, 1860, for 999 years, and has since been operated as a part of their main
line. Only an informal organization is maintained.
Boiling Stock and Operations. — Included in lessees' returns. The payments for
year ending December 31, 1877, were— for dividends, $82,778.50 ; interest, $42,000 ;
taxes, $7,450.06— total, $132,228.56. Surplus fund, $29,028.59.
Financial Statement, December 31, 1877. — Capital stock authorized, $2,500,000;
subscribed and paid in, $1,182,550 ; funded debt, $700,000, 6 per cent. 1st mortgage
bonds, due July 1, 1883. Total stock and bonds, $1,882,550, representing cost of con-
struction at date of lease.
THOMAS A. SCOTT, President Philadelphia, Pa.
LEWISBUEG, CENTEE AND SPEUCE CEEEK EAILEOAD.
(In Progress.)
This company was chartered January 18, 1853, to construct a railroad from Mon-
tandon to Tyrone, Pa., 87.38 miles. The portion from Montandon, or Lewisburg
Junction, on the Philadelphia and Erie R. R., to Spring Mills, 43.57 miles, is com-
pleted, with 2.58 miles of sidings. The portion from Spring Mills to Tyrone is
graded. It is leased to and operated by the Pennsylvania Railroad Company.
.Rolling Stock and Operations. — Included in lessees' returns. The gross earn-
ings for year ending December 31, 1877, were $30,881.58 ; operating expenses, $24,-
984.87 — net earnings, $5,896.71. Payments to lessees, interest on equipment,
$1,306.47— balance, $4,590.24 paid as rental.
Financial Statement, December 31, 1877. — Capital stock authorized, $3,000,000 ;
subscribed, $346,700 : paid, $277,869.50. Funded debt (1st mortgage 7 per cent, bonds,
due May 1, 1902), $1,888,000— total stock and bonds, $2,165,869.50. Per contra : Cost
of construction, $1,292,158.40.
ELI SLIFER, President Philadelphia, Pa.
LITTLESTOWK EAILEOAD.
This road was completed in 1871. It extends from Hanover, Pa., to the Mary-
land State Line, 9.2 miles, with 0.63 mile of sidings, and connects with the Frederick
and Pennsylvania Line R. R. It is leased to the Pennsylvania R. R. Co. for 999 years
from May 1, 1875, the lessees operating the road, and paying over any surplus to the
Littlestown R. R. Co.
RAILKOAD MANUAL OF THE UNITED STATES. 333
Rolling Stock and Operations. — Included in lessees' report. Tlie gross earnings
for year ending December 31, 1877, were $16,706.54; operating expenses, $15,503.56;
net earnings, $1,202.98 ; interest on equipment, $732.38 ; rental, $470.60.
Financial Statement, December 31, 1877. — Capital stock paid in, $34,850 ; funded
debt (1st mortgage 7 per cent, bonds, due June 1, 1890), $40,000 — total stock and
bonds, $77,850. Per contra : Cost of construction, $115,661.
WM. MCSHERRY, President Littlestown, Pa.
MIFFLIN AND CENTEE COUNTY EAILEOAD.
Organized in 1865, and road opened January 1, 1868. It extends from Lewistown
Junction to Milroy, Pa., 12.5 miles, with 3.87 miles of sidings. It was leased to the
Pennsylvania R. R. Co. for 999 years from May 27, 1865 ; that company furnishing
equipment, and paying over any surplus from operations to the R. R. Co.
Rolling Stock and Operations. — Included in lessees' report. Gross earnings
for year ending December 31, 1877, $33,551.89; operating expenses, $20,256.26; net
earnings, $13,295.63; interest on equipment, $2,106.34. Balance to company, $11,-
189.29.
Financial Statement, December 31, 1877.— Capital stock (1,306 shares), $65,-
675 ; funded debt 1st mortgage 6 per cent, bonds, due August 1, 1897, $200,000 ;
floating debt, $27,468.90— total stock, bonds, and debt, $352,108.90. Per contra: Cost
of road, etc., $269,551.74.
STRICKLAND KNEASS, President Philadelphia, Pa.
NEWEY EAILEOAD.
Chartered in 1866, and road opened in 1869. It extends from Newry Junction to
Newry, Pa., 2.9 miles, with .032 mile of sidings. It is leased to the Pennsylvania R.
R. Co., and all operations are included in that company's returns.
Gross earnings for year ending December 31, 1877, $344.54; operating expenses,
$1,122.63. Total deficit to lessees, $778.09.
Financial Statement.— Capital stock, $11,150; floating debt, $10,778.99— total,
$21,928.99. Cost of construction, $12,383 ; equipment (Pa. R. R. Co.), $10,374.31—
total, $22,657.31.
JOSEPH FICHTNER, President Newry, Pa.
PENNSYLVANIA AND DELAWAEE EAILEOAD.
Organized by the consolidation of the Pennsylvania and Delaware and the Dela-
ware and Pennsylvania R. R. Cos. in 1870, and the road opened in 1873. It extends
from Pomeroy, Pa., to Delaware City, Del., 38.52 miles, with 0.67 mile of sidings. It
334
EAILEOAD MANUAL OF THE UNITED STATES.
is leased to and operated by the Pennsylvania R. R. Co., who pay to the P. and D.
R. R. Co. any net earnings accruing from operations.
Rolling' Stock. — Furnished by lessees.
Operations for year ending December 3, 1877. — Included in lessees' returns.
Gross earnings, $34,683.35 ; operating expenses, $27,495.16. Net earnings, $7,188.19 ;
Paid rental on equipment, $1,038.38. Balance, net income to P. and D. R. R. Co.,
$6,149.81.
Financial Statement, December 31, 1877.— Capital stock (authorized and paid
in), $900,000 ; funded debt 1st mortgage 7 per cent, bonds, due July 1, 1903, $1,083,-
000; 3d mortgage 7 per cent, bonds, due same date, $519,000— $1,602,000; floating
debt, $21,093.99. Total stock, bonds, and debt, $2,523,093.99. Per contra: Cost of
road and equipment, $2,502,000.
ALFRED C. HOSMER, President Philadelphia, Pa.
PHILADELPHIA AND ERIE RAILEOAD.
Line of Road.— Sunbury, Pa., to Erie, Pa 287.67 miles.
Second track, 14 miles. Sidings, 122.55 miles. Gauge, 4 feet 9 inches. Rail, 56,
60 and 64 Ibs. Steel rails, 189.60 miles.
This company was chartered under the name of Sunbury and Erie R. R. Co., April
3, 1837, and was required by the charter to commence its road by June 1, 1838, and to
complete 200 miles within 7 years, and the whole line in 9 years. After repeated
delays and extensions of time, construction was actually commenced in 1852, and
various portions were brought into use from time to time ; but the whole line was
not opened for business until October 17, 1864. Prior to its completion, the com-
pany leased the road to the Pennsylvania R. R. Co. for 999 years from January 1,
1862, the lessees agreeing to pay as rental 30 per cent, of gross receipts. The lease
was modified January 1, 1870, so that thereafter the lessees should continue to oper-
ate the road, and pay the actual net receipts to the P. and E. R. R. Co.
The Danville, Hazleton and Wilkesbarre, and the Lewisburg, Centre and Spruce
Creek R. Rs., are practically branches of this road, and are operated under lease by
the Pennsylvania R. R. Co., but their operations are not included in this report.
Rolling1 Stock (owned by lessees). — Locomotive engines, 154 ; Cars — passenger,
38 ; immigrant, 6 ; baggage, mail and express, 21 ; freight (box, 953 ; gondola, 2,166 ;
coal, 66 ; stone, 96), 3,281 — total revenue cars, 3,346. Also, 65 caboose cars.
Operations for year ending December 31, 1877. — Trains run — passenger, 549,499;
freight, 1,885,471 — total, 2,434,970 miles. Passengers carried, 493,176; carried one
mile, 12,466,241. Freight moved, 2,681,450 ; moved one mile, 335,727,141 tons.
Earnings.
From Passengers $372,562 56
" Freight 2,715,735 56
" Mail and Express 666,900 03
Miscellaneous 17,794 55
$3,172,992 70
Expenditures.
For Maintenance of Way $566,945 47
" " " Cars 269,931 80
" Motive Power 562,740 27
" Transportation 650,00980
$2,049,627 34
RAILROAD MANUAL OF THE UNITED STATES.
335
Balance — net earnings, $1,123,365.36. Payments — rentals for equipment, $239,-
189.90; balance, net receipts from lessees, $884,175.46.
Net Income Account, Year 1877.
Net Income as above $884,175 46
Rents, etc 3,12550
Balance, deficit 264,185 69
$1,151,486 65
Drawback, A. V. R. R. Co $45,174 25
Interest on Funded Debt 1,076,640 03
Expenses organization 8,000 00
Premium, Exchange, etc 21,672 37
I, 151, 486 65
The total deficit in profit and loss account to close of year was, $458,480.36.
Abstract of operations for ten years :
Fiscal
Years.
Train
Mileage.
Passen-
gers
Carried.
Freight Moved— Tons.
Gross
Earnings.
Expenses,
Taxes, etc.
Interest on
Bonds.
Coal.
Petro-
leum.
Total.
1868...
2,012,862
2,273,856
2,228,683
2,430,206
2:912,351
2,874,881
2,515,685
2,417,410
2,434,970
629,320
651,038
662,155
684,884
839,793
777,273
680,163
612.402
691,561
493,176
323,245
423,957
662,165
707,002
866,180
959,259
800,936
890,626
892,284
105,361
102,762
119,688
154,115
119,244
58,783
204,879
303,442
350,872
1,090,845
1,302,041
1,614,287
1,828,491
2,028,568
2,356,234
2,243,170
2,396,434
2,517,470
2,681,480
$2,804,250 36
3,362,705 29
3,144,044 71
3,542,263 73
3,980,752 87
3,842,067 20
3,506,919 28
3,365,897 24
3,352,979 17
3,172,992 70
$2,887,425 01
2,324,218 25
2.598,671 85
2,«i99,667 40
3,288,015 91
3,413,310 84
2,419,174 09
2,411,280 97
2,188,445 92
2,049,627 34
$664,195 56
869,040 77
1,060,436 22
926,798 83
921,378 18
938,351 32
1,244,453 26
954,616 27
1,092,879 98
1,076,640 03
1869
1870
1871
1872
1873
1874
1875
1876
1877
General Balance, December 31, 1877.
Construction $26,137,548 28
Bonds, Stocks, etc 246,673 32
25,06889
458,480 36
Cash on Hand. ,
Profit and Loss.
$26,867,770 85
Capital Stock $8,453,700 00
Funded Debt 17,656,000 00
Due Penna. R. R. Co. (coupons, etc.).. 758,070 85
Unpaid Coupons 114,746 45
$26,867,770 85
The capital stock consists of $6,053,700 common, and $2,400,000 preferred.
Abstract of general balance for ten years :
Close of
Years.
Miles of
Track.
Liabilities.
Cost of Road.
Excess of
Liabilities.
Stocks.
Bonds.
Debt.
Total.
1868...
363.05
374.02
383.01
392.02
401.09
416.07
419.83
421.57
424.23
424.23
$6,004,200
6,004,300
8,494,300
8,450,000
8,450,000
8,450,000
8,448,700
8,448,700
8,453,700
8,453,700
$13,000,000
12,598,000
12,598,000
14,000,000
14,730,000
14,730,000
16,252,000
17,680,000
17,680,000
17,656,000
$328,633 00
40,974 00
609,564 00
149,362 00
573,966 00
1,202,228 00
1,378,190 00
234,244 00
493,885 00
872,817 30
$19,332,833
18,643,274
21,611,864
22,599,462
23,753,966
25,902,928
26,078.890
26,362,944
26,627,585
26,867,771
$19,350,997 78
19,391,972 24
20,368,736 00
20,799,470 00
21,139,470 00
23,644,262 00
24,195,833 00
24,219,397 00
26,145,184 89
26,137,548 28
1869 ....
1870
$1,243,128 00
1,799,470 00
2,614,496 00
2,614,496 00
1,883,857 00
2,143,547 00
482,400 87
458,480 36
1871
1872...
1873....
1874...
1875
1876
1877
336 KAILROAD MANUAL OF THE UNITED STATES.
Statement of funded debt in detail, December 31, 1877 :
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal
Payable.
Amount
Outstand-
ing.
1st Mort. (Sunbury and Erie R. R., 40 m.)
1st Mortgage ( whole line. 287.6 m. )
2d " 4 """>•..
3d ( " " jgold
Oct. 1, 1857
Mar. 31, 1861
July 1, 1868
July 1, 1870
6 1-6
6 1-6
7
6
April and Oct. Oct. 1, 1897
Mar. and Sept. Mar. 31 , 1881
Jan. and July. July 1, 1888
Jan. and July. July 1,1920
$976,000
5,000,000
3,000,000
8,680,000
The 3d mortgage provides for an issue of $20,000,000, and is guaranteed by the
Pennsylvania Railroad Company. The Sunbury and Erie R. R. bonds, due October
1, 1877, were extended 20 years.
Directors (elected February 11, 1878.) — On part of stockholders : Robert Thomp-
son, A. J. Derbyshire, J. N. DuBarry, Alexander Biddle, Strickland Kneass, S. G.
Lewis, G. W. Gaskell, Wistar Morris, J. Alexander Simpson, and S. G. Thompson ;
and on part of City of Philadelphia : F. Doebley, G. W. Fox, and Edwin A. Gaskill,
all of Philadelphia.
ROBERT THOMPSON, President Philadelphia, Pa.
Treas. and Sec.— J. S. Van Zandt. Philadelphia, Pa. | Gen. Svpt.—Wm. A. Baldwin — Williamsport, Pa.
Engineer— W. F. Patterson Philadelphia, Pa.
PRINCIPAL OFFICE AND ADDRESS Philadelphia, Pa.
PHILADELPHIA AND TKENTON EAILKOAD.
This company was chartered February 23, 1832, and the road opened in 1834. It
extends from Kensington to Morrisville, Pa., 26.6 miles (double track), with 17.76
miles of sidings. In 1836 it entered into traffic arrangements with the Camden and
Amboy R. R. Co., and the roads were operated together as a part of the line between
New York and Philadelphia, the C. and A. R. R. Co. having purchased a greater part
of the capital stock. On the 1st of December, 1871, it was leased, with the United
New Jersey Companies, to the Pennsylvania R. R. Co., and has since been operated
as a part of the New York Division of that company's lines. The Connecting and
the Frankfort and Holmesburg R. Rs. are directly leased and operated by this com-
pany. All its operations are included in the statements of the lessees, but are here
given in more detail.
Boiling Stock. — Furnished by lessees.
Operations for year ending December 31, 1876.— Trains run— included in United
Co. of N. J. Passengers carried, 1,649,801 ; carried one mile, 32,713,812. Freight
moved, 2,649,674 ; moved one mile, 65,183,058 tons.
Earnings.
From Passengers $878,700 84
" Freight 774,52327
" Mail, Express, etc , 116,491 67
$1,709,715 78
Expenditures.
For Maintenance of Way $161,851 81
" Rolling Stock 169,120 81
" Transportation, etc 549,016 31
RAILROAD MANUAL OF THE UNITED STATES.
337
Balance — net earnings, $829.726.85. — Payments— dividends (10 percent.); $49,410;
surplus for rear, $780,316.85. The amount of capital on which dividend was de-
clared for year 1877 was $494,100, the balance of stock belonging to the Pennsyl-
vania R. R. Co,
Abstract of operations for ten years :
Fiscal Years.
Passengers
Carried.
Freight
(Tons)
Moved.
Gross
Earnings.
Operating
Expenses.
Net
Revenue.
Dividend.
Amount.
p. c.
1867-68...
953,722
1,110,567
1,371,840
1,276,762
1,561,080
1,747,216
1.757,720
1,723,586
4.231,969
1,649,801
312,714
449,490
763,015
663,196
1,124,640
1,400,! '83
1,765,336
2,053,024
2,00 ',825
2,669,674
$995,196 35
1,077,558 93
1,389,828 17
1,308.498 i 0
1,759,758 14
1,995,506 08
1,914,346 16
1,942,922 40
3,076,343 81
1,709,715 78
$818,223 19
871,093 24
1,268,421 38
959,054 84
1,278,187 30
1.533,663 24
1,138 370 08
1,013,342 91
1,049,664 64
879,988 93
$176,973 16
206,465 69
120,9< 6 79
248,705 16
481,569 00
448,473 89
775,976 08
929.579 49
2,026 679 17
829,726 85
$117,905
125,910
125,910
100,72 i
125910
125,910
49,410
49,410
49,410
49,410
10
10
10
8
10
10
10
10
10
10
1868-69
1869-70 (14 months)..
1871
1872
1873
1874
1875...
1876
1877
Financial Statement, December 31, 1877.— Capital stock (12,591 shares), $1,259,-
100; and profit and loss, #286,850.41— total (representing cost of road), $1,545,950.41.
The company have also real estate, not connected with their railroad property, valued
at date at $329,626.
STRICKLAND KNEASS, President Philadelphia, Pa.
Secretary J. R. McClure. | Treasurer Wm. Taylor.
PRINCIPAL OFFICE AND ADDRESS. . .233 S. Fourth Street, Philadelphia, Pa.
SOUTHWEST PENNSYLVANIA KAILROAD.
This company was organized in 1871, and the road opened April 1, 1873. It ex-
tends from Greensburg to Oliphants, Pa., 41.90 miles, with 3.22 miles of second
track. It was leased on completion to the Pennsylvania R. R. Co., which operates
the road, paying to the company the net earnings from such operations.
Rolling Stock. — Furnished by lessees.
Operations for year ending December 31, 1877. — Included in lessees' returns.
Gross earnings, $299,758.92; operating expenses, $159,108.24; net earnings, $140,-
650.68. Paid interest on equipment, $9,551.10. Balance, income to company, $131,-
099.58.
Financial Statement, December 81, 1877. — Capital stock authorized, $500,000;
subscribed, $452,950; and paid in, $443,120; funded debt 1st mortgage bonds, 7 per
cent., due August, 1903, $1,000,000; certificates of indebtedness, $71,500; floating
22
338 KATLKOAD MANUAL OF THE UNITED STATES.
debt, $45,000— total stock, bonds, and debt, $1,559,620. Per contra : Cost of road,
$1,578,255.27.
GEORGE B. ROBERTS, President Philadelphia, Pa.
SUNBUEY AND LEWISTOWN EAILEOAD.
Organized in 1869, and road opened in 1871. It extends from Lewistown to
Selingsgrove, Pa., 43.33 miles, with 2.47 miles of sidings. It was sold under execu-
tion in December, 1873, and also under decree in favor of 1st mortgage bondholders,
May 5, 1874. It is leased to the Pennsylvania R. R. Co., which operates the road
and pays to the company any excess of earnings over operating expenses.
Boiling Stock. — Furnished by lessees.
Operations for year ending December 31, 1877. — Included in lessees' returns.
Gross earnings, $109,449,72; operating expenses, $62,832.32; net earnings, $46,617,-
40. Interest on equipment, $3,146.40. Balance to company, $43,471.
Financial Statement, December 31, 1877.— Capital stock, $500,000 ; funded debt
1st mortgage 7 per cent, gold bonds, dated October 1, 1870, and payable, interest,
April and October, principal, October 1, 1890, $1,200,000; income mortgage 6 per
cent, gold bonds, dated September 30, 1871, and payable, interest, April and October,
principal, September 30, 1891, $200,000 — total stock and bonds (representing cost of
road), $1,900,000.
GEORGE B. ROBERTS, President Philadelphia, Pa.
TYEONE AND CLEAEFIELD EAILEOAD.
This company was chartered in 1853, and the road opened to Philipsburg, 23.5
miles, in 1864. It was sold under foreclosure September 28, 1866, and reorganized.
The road was finally completed from Vail Intersection, on the Bald Eagle Valley R. R.,
to Curwensville, April 1, 1872. It is 44.04 miles long, with 1.89 miles of second track
and 5.241 miles of sidings. It has branches as follows : Moshannon, 8.9 miles, with
0.994 mile sidings ; Goss Run, 2,06 miles ; Mapleton, 2.21 miles ; and Philipsburg,
3.83 miles. Total length of branches, 17 miles. It is leased to the Pennsylvania R.
R. Co., which operates the road.
Boiling Stock. — Furnished by lessees.
Operations for year ending December 31, 1877. — Included in lessees' returns.
Gross earnings, $428,841.93 ; operating expenses, $279,708.68 ; net earnings, $146,-
133.25. Paid to lessees, interest on equipment, $12,822.89. Rental, $105,554.99 ;
balance, profit to lessees, $28,255.37.
Financial Statement, December 31, 1877.— Capital stock, $1,000,000 paid in;
and floating debt, $503.50— total stock and debt, $1,000,503.50. Cost of road, $1,236,-
275.98.
G. B. ROBERTS, President Philadelphia, Pa.
RAILKOAD MANUAL OF THE UNITED STATES. 339
WESTERN PENNSYLVANIA RAILROAD.
This company was chartered February 9, 1853, as the Northwestern Pennsyl-
vania R. R. Co., which undertook the construction of the road. Subsequently, July 5,
1859, the property of that company was sold under foreclosure, and the present com-
pany organized to complete the work, March, 1864. It was leased to the Pennsylvania
R. R. Co., August 1, 1865, and the road opened from Blairsville to Tarentum, 43.4
miles, at that time, and the Pittsburg branch the same year. The Butler Extension
was completed in 1870. The road extends from Blairsville Intersection to Pittsburg,
Pa., 58.31 miles, with 5.19 miles of second track and 17.65 miles of sidings. The
branches are the Butler Extension, from Freeport to Butler, Pa., 21.03 miles, with
2.32 miles of sidings; and the Indiania branch, from Blairsville to Indiana. Pa., 18.87
miles, with 2.86 miles of sidings. The Pennsylvania R. R. Co. operates the road, and
pays over any earnings in excess of cost of operations to the company.
Rolling Stock. — Furnished by lessees.
Operations for year ending December 31, 1877. — Included in lessees' returns.
Gross earnings, $563,029.08 ; operating expenses, $350,222.85 ; net earnings, $212,-
806.13. Paid interest on equipment, $28,364.66. Balance, net income, $184,441.78,
Interest on funded debt, $192,000.
Financial Statement, December 31, 1877.— Capital stock (60,000 shares, $3,000,-
000) paid in, $1,022,450; funded debt 1st mortgage 6 per cent, (main line) bonds, due
April 1, 1893, $300,000; 1st mortgage (Pittsburg Branch) 6 per cent, bonds, due Jan-
uary 1, 1896, $1,000,000; and general mortgage 7 per cent, bonds (main line and
branch), due October 1, 1901, $1,200,000— total stock and bonds, $4,022,450. Per
contra : Construction account, $3,986,211.
STRICKLAND KNEASS, President Philadelphia, Pa.
Sec. and Treas.—J. R. McClurc... Philadelphia, Pa. | Superintend' t— 3 . McC. Creighton... Blairsville, Pa.
PRINCIPAL OFFICE AND ADDRESS. .(Penn. R. R. Co.'s office) Philadelphia, Pa.
PENNSYLVANIA COMPANY.
This is a corporation chartered by the Legislature of Pennsylvania April 7, 1870,
for the purpose of managing, in the interest of the Pennsylvania Railroad Company,
the system of railroads running west from Pittsburg, which had been leased, Owned,
or operated by the Pennsylvania R. R. Company, or leased and operated directly by
the Pennsylvania Company. The practical organization of the company dates from
April 1, 1872.
Of the lines managed by the Pennsylvania Company, the following were orig-
inally leased to the Pennsylvania R. R. Co. and the leases transferred to the Penn-
sylvania Company :
340 RAILROAD MANUAL OF THE UNITED STATES.
Pittsburg, Fort Wayne and Chicago Railway 468.3 miles.
Lawrence Railroad and Branch | Branches of and leased to P., Ft. j 22.0 "
New Castle and Beaver Valley R. R. j W. and C. R "j 14.9 "
Erie and Pittsburg Railroad, with Branch 100.0 "
Cleveland and Pittsburg Railroad and Branches 225.0 "
Indianapolis and St. Louis Railroad ; its leased lines and branches 261.0 "
Total length of line acquired through Pennsylvania R. R. Co. .1,091.2 miles.
Included in the mileage of the Erie and Pittsburg R. R. are 18.5 miles of the L.
S. and M. S. R. R., used by this company.
The following named roads are operated by the Pennsylvania Company, through
the control given by holding a majority of the stock of the first-mentioned company :
Pittsburg, Cincinnati, and St. Louis Railway 200.6 miles.
And the following lines leased and transferred by it :
Chartiers Railway 22.8 miles.
Cincinnati and Muskingum Valley Railway 148.4 "
Little Miami Railroad and its leased lines 195.9 "
Columbus, Chicago and Indiana Central Railway 580.5 "
Total length of line through control of P., C. and St. L. Rail way.. 1,148.2 miles.
Leased by Pennsylvania Company, with guarantee of Pennsylvania R. R. Co. :
Jeffersonville, Madison and Indianapolis R. R., with Branches 161.0 miles.
Other lines operated by Pennsylvania Company through stock ownership :
Indianapolis and Vincennes Railroad 117.0 miles.
Ashtabula, Youngstown and Pittsburg Railroad 62.5 "
Mansfield, Cold water and Lake Michigan Railroad 44.0
Cleveland, Mount Vernon and Delaware Railroad and Branch 157.5
North western Ohio Railway 25.1
Toledo and Woodville Railroad 17.3 "
Under lease to Terre Haute and Indianapolis R. R. Co.:
St. Louis, Vandalia and Terre Haute R. R 158.3 miles.
Total operated through stock ownership 742.7 "
Through advances and guarantees by Pennsylvania R. R. Co.
Grand Rapids and Indiana Railroad 333 0 "
Cincinnati, Richmond and Fort Wayne R. R 92.0 "
Total through advances and guarantees 425.0 "
Total length of line acquired by Pennsylvania Railroad Co 1,091.2 "
" " through lease and control of P., C. and St. L.Ry. Co. 1,148.2 "
" " through stock ownership 807.7 "
" " through advances and guarantees 425.0 "
Aggregate length of lines given above 3,407.1
The gross earnings of all the roads given above were $27,385,889 ; operating
expenses, $18,124,893 ; net earnings, $9,260,996.
A detailed statement of the operations of the several railroads here mentioned
will be found under their respective titles, in the States where they are operated.
RAILROAD MANUAL OF THE UNITED STATES.
341
Statement of gross earnings, expenses, net earnings, rentals, profits and losses of
lines operated through Pennsylvania Co., for year ending December 31, 1877 :
Length
Miles.
Names of
Railroads.
Gro«s
Earnings.
Expenses.
Net Earn-
ings.
Rental
Interest,
etc.
Profits.
1877.
Profits
1876.
Loss
1877.
468.3
. 14.9
22
100
225
62.5
44
25.1
17.3
161
117
200.6
195.9
580.5
22.8
148.4
158.3
72
189
333
92
157.5
P.D. Pa. Co.
Un'n L. Bu.
P., Ft. W. &
C. R . .
$
576,884 26
1,935,577 59
6,867,364 04
296,272 63
178,322 76
5?'8,191 81
2,392,325 73
227,206 48
77,160 96
61,050 02
58,183 86
1,176,174 69
264,444 94
3,108,193 26
1,405,523 94
3,396,255 58
77,167 14
366,773 86
1,028,230 82
480,280 67
1,062,271 50
1,097,107 03
286,528 59
388,896 15
$
258,035 01
1,210,084 45
4,061,398 34
110,742 18
82,326 18
357,346 02
1,291,668 18
149,875 72
70,805 69
45,798 60
71,713 11
678.942 50
2-8,916 95
2,0-22,913 25
973,743 23
2,940,915 35
34,760 49
340,887 91
812,513 32
288,848 40
775,821 50
748,361 82
198,314 47
307,171 16
$
318,349 25
725,493 14
2,802,965 70
185,530 45
95,996 58
220,845 79
1,100,663 55
77,330 76
6,355 27
15,257 02
13,529 25 Loss
497,232 19
24,472 01 Loss
1,085,280 01
431,780 71
455,340 23
42,406 65
25,885 95
215,717 50
191,432 27
286,450 00
348,745 21
88,214 12
81,724 99
$
513,691 50
$
$
I
725,493 14
59,332 15
67,021 42
24,667 48
880,371 43
155,594 57
51,410 81
17,845 55
2,743,632 55
118,509 03
71,329 10
375,040 00
1,243,950 69
77,330 76
11,257 48
7,651 99
5,092 96
477,205 74
206,000 00
783,138 05
740,217 40
455,340 23
42,406 65
105,000 00
308,469 24
247,410 00
451,753 27
557,874 95
156,392 65
202,482 09
N.C. & B.V.
R. R
Lawr. R. R.
E. &P.R.R.
C.&P.RR.
A.Y. & P.R.
R
M C. & L.
M. R. R
N'w O.R'y.
T. &W.R.K.
JM&I.RIi
I. &V.R R
P., C. & St.
L R. R...
L. M. R. R.
C ,C. & I. C.
R'y . .
Cliarr'rsR<ly
C. & M.Val.
R'y
5,661 47
21,822 96
7,605 03
20,026 45
302,141 96
100,196 99
St. L., V. &
T. H. R...
Ind. &St.L.
R. R
92,751 74
55,977 73
165,303 27
St. L., A. &
T. H.R. .
G. R. & Ind.
R. R
C. R. & Ft.
W.R. R..
C., Mt. V. &
D.R.R...
68,178 53
120,757 10
3,407.1
Mil's. Total.
27,385,888 91
18,124,892 83
9,260,996 08
9,901,176 33
General Balance, Pennsylvania Company, December 31. 1877.
Securities $15,8 -'7,353 94
Bills Receivable 653,045 75
Equipment 808,545 59
Real Estate 902,431 44
Union Line Property 2,836,040 32
Betterments Leased Lines 314,328 44
Sundry Dues 1,786,870 10
Supplies 685,304 52
Cash and Assets 8i>3,548 45
Advances and Liens 217,927 32
Sinking Funds 1,113,968 35
Profit and Loss 74,047 69
Capital Stock— Common.. $3,771 ,250
" Unpaid. . . . 771,250— $3,000,000 00
" Preferred 8,000,00000
1st Mortgage Bonds 7,000,000 00
Dues for Supplies 803,410 51
Bills Payable 2,933,69999
Current Dues 1,417,906 62
Miscellaneous Accounts 216,346 44
Registered Bonds 1,500,000 00>
Reserve Fund.. 1,091,96835
$26,023,331 91 $26,023,331 91
Income Account, Pennsylvania Co., year ending December 31, 1877.
Union Line Bureau $725,493 16
Rents, etc 159,391 35
Profits, Leased Lines 171,048 50
Dividends 299,827 20
Interest on Bonds 165,165 71
$1,520,9^5 90
Expenses, Proprietary Dept's $63,033 84
Interest on Floating Debt 195,001 17
Losses, Leased Lines 316,103 56
Interest <>n Bonds 561,691 50
Advances 354,925 00
Balance, Surplus for year 30,170 83
$1,520,925 90
342
BAILROAD MANUAL OF THE UNITED STATES.
Profit and Loss Account, December 31, 1877.
Balance, December 31, 1876 $450.364 06
" Income Account, 1877 30,170 83
Profit, Sales Securities 31.315 87
J. M. and I. R. R. Co 27,190 66
Balances 75,7*29 79
Carried to Reserve Fund $182.924 00
Reduction Bills Receivable . 308,601 26
Cars 3,72500
Advances 119,520 95
$614,771 21
$614,771 21
The earnings per mile per ton of freight moved on the leading lines operated by
the Pennsylvania Company for a series of years, are shown in the following state-
ment, in cents :
1872.
1873.
1874.
1875.
1876.
1877.
Cleveland and Pittsburg R R . ...
1.90
1.84
1.178
1.433
i!825
1.875
1.345
1.415
1.77
1 089
1.385
1.360
2 035
1.791
1.297
1.262
1.66
1.051
1.348
1.242
1.908
1.612
1.117
1.105
1.514
0.847
1.246
1.073
1.752
1.3* -5
0.877
0.928
1.317
0.900
1.104
1.060
1.777
1.464
0.922
1.089
Columbus, Chicago and Indiana Central R
Erie and Pittsburg R. R
1.58S
1.548
2.227
Indianapolis and St. Louis R. R
Jeffersonville, Madison and Indianapolis R. R
Little Miami R. R
Pittsburg, Cincinnati and St. Louis Ry
Pittsburg, Fort Wayne and Chicago Ry
1.405
Summary of gross earnings, operating expenses, and net earnings of railroads
operated or controlled by the Pennsylvania Company, as reported above, for five years :
Year.
Miles Operated.
Total Earnings.
Operating
Expenses.
Net Earnings.
1872. . .
2,773.0
$31,375,547
$19,712,242
$11,664,635
1873.
29432
30 518 032
21 817 262
8,700,790
1874
3,071.2
27.761,542
18,002,687
9,758,855
1875
3,071.9
25,148,873
17,124,938
8,140,066
1876 '.
3,071.7
24,619,429
16,!H4.143
7,7(15,286
1877
3,407.1
27,385,889
18,124,893
9,260,996
Included in the roads operated in 1877 are the Grand Rapids and Indiana R. R.,
333 miles, and the Cincinnati. Richmond, and Fort Wayne Rds., 92 miles, the earnings
of which aggregate $1,383,035.62 ; expenses, $946,676.29 ; net earnings, $435,959.33.
Deducting these, for purposes of comparison with former years, leaves gross earn-
ings $26,002,253 ; operating expenses, $17,178,217 ; net earnings, $8,826,037.
, Organization of Pennsylvania Company May 12, 1878.
THOMAS A. SCOTT, President Philadelphia, Pa.
J. N. McCulloufjh, 1st Vice-President Pittsburg, Pa.
William Thaw, 2d Vice-President
Thomas D. Messier, 3d Vice- President and Comptroller "
General Manager— J. I). Layng Pittsburg.
Assist. Comp?.—3no. E Davidson ....
Treasurer — W. II. Barnes
Secretary— C. P. Mackie Philadelphia.
Chief Engineer — Felician Slataper Pittsburg.
Assist. Secretary — John C. Conn Pittsburg.
Gen. Fgt. Af/f.— William Stewart
Cff-n. f'a-s. and Tkf. Aot.—F.R. Myers.
Purchasing Agent — William Mullin
General ( 'ounati— John Scott. . .
Gen. Accountant N. B. Palmer, Pittsburg.
GENERAL OFFICE Pittsburg, Pa.
RAILROAD MANUAL OF THE UNITED STATES. 343
PENNSYLVANIA COAL COMPANY'S EAILEOAD.
Line of Road. — Hawley, Pa., to Port Griffith, Pa. (double track) 47.09 miles,
Branch line : Hawley, Pa., to Lackawaxen, N. Y. (leased to Erie) 15.87 "
Total length of road owned by company 62.87 "
Sidings and other tracks, 57 miles. Gauge, 4 feet 3 inches. Rail, 36 Ibs.
This company was chartered April, 1838, and the road opened in 1851.
The road from Hawley to Port Griffith is a gravity road, worked by stationary en-
gines for the transportation of coal mined by the company. No locomotive power.
Equipment. — Stationary engines, 23. Cars — passenger, 10 ; freight, 60 ; and
coal (4- wheel), 2,550— total, 2,620.
Operations for year ending December 30, 1877. — Trains run — passenger, 25,000
freight, 22,000 — total, 47,000 miles. Passengers carried, 2,437. Freight moved — an-
thracite coal, 1,038,845 tons; other, 2,642 tons.
Earnings.
From Passengers $2,080 80
" Freight, etc 6,48385
$8,504 65
Expenditures.
For Maintenance of Way $16,500 00
" Transportation, etc 360,000 00
$376,500 00
Apparent excess of expenditures over earnings, $367,935.34. Payments, divi-
dends (16 per cent.), 4 percent, quarterly, $800,000 ; interest on funded debt, $33,635 —
total payments, $833,635.
The operations of the railroad are merely for the accommodation of the coal com-
pany, which derives the principal part of the revenue from the mining and sale of
coal, of which no statements are published.
Statement of anthracite coal moved on railroad yearly for ten years :
1867-68 1,055,005 tons.
1868-69 1,103,130 "
1869-70 (14 months) 1,053,184 "
1871 930,724 "
1872 1,865,038 "
1873 1,380,845 tons.
1874 1,473,430 "
1875 1,511,554 '•
1876 1.173,034 "
1877 1,038,845 "
Dividends in 1877. — February 1, May 1, August 1 and November 1, each 4 per
cent, cash on $5,000,000, $800,000 in all.
Financial Statement, December 31, 1877.— Capital stock authorized, $5,850,000
in $50 shares ; paid in, $5,000,000 ; 1st mortgage 7 per cent, bonds, due August 1, 1881,
$483,500, and floating debt, $310,220.97— total stock, bonds, and debt, $5,790,720.97.
Per contra : Railroad and equipment, $2,000,000 ; and real estate, $1,580,000.
Directors (elected June 10, 1877).— John Ewen, Jr., John R. Platt, Jonathan
Thome, John R. Marshall, Wm. H. Webb, Charles Morgan, John Q. Jones, George
A. Hoyt, Geo. L. Brown, and E. Judson Hawley, New York City.
GEORGE A. HOYT, President New York City.
Treasurer— Edwin H. Meade New York City. | Superintendent -3 «\m B. Smith. . . .Dunmore, Pa.
Secretary— Wm. E. Street New York.
PRINCIPAL OFFICE AND ADDRESS Ill Broadway, New York City.
344 RAILROAD MANUAL OF THE UNITED STATES.
PENNSYLVANIA INLAND RAILROAD. (In Progress.)
Line of Road. — Hancock, N. Y., to Carbondale, Pa 35 miles-
Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
The line has been located, but no further progress made in construction.
Financial Statement, December 31, 1877.— -Capital stock authorized, $100,000;
subscribed, $27,000; paid in, $3,510 ; floating debt, $350. Expended on account of
construction, $3,500.
C. P. WALLER, President Honesdale, Pa.
Secretary— G. F. Bentley Honesdale, Pa. | Treasurer— F. M. Wheeler Hancock, Pa.
PRINCIPAL OFFICE AND ADDRESS Honesdale, Pa.
PEOPLES' EAILWAY.
Line of Road. — Pottsville, Pa., to Minersville, Pa 6.07 miles.
Sidings, 0.45 miles. Gauge, 4 feet 8| inches. Rail, 40 and 50 Ibs.
This road is partly operated as a street and partly as a steam railroad.
Rolling' Stock. — Locomotive engines, 3. Cars — passenger, 13 ; baggage, etc., 1 ;
freight, 6.
Operations for year ending October 31, 1877. — Trains run — passenger, 22,995 ;
coal, 2,140 — total, 25,135 tons. Passengers carried, 77,710 ; freight moved, 1,629 tons.
Earnings — from passengers, $8,973.37 ; other sources, $680.68— total, $9,654.05.
Operating expenses, not reported.
Financial Statement, October 31, 1877.— Capital stock, $100, 000; funded debt,
1st mortgage 6 percent, bonds, payable May 1, 1892, $14,700 ; floating debt, $14,448.57
—total, stock, bonds and debt, $129,148.87. Per contra: Cost of road, $86,011.58;
equipment, $33,036.55— total, $119,048.13.
CHAS. BABER, President Pottsville, Pa.
Secretary, Treasurer and Supt. — L. F. Whitney Pottsville, Pa.
PRINCIPAL OFFICE AND ADDRESS Pottsville, Pa.
PHILADELPHIA AND BALTIMORE CENTEAL RAILROAD.
Line of Road. — Westchester June., Pa., to Port Deposit June., Pa 46 miles.
Leased lines, named below 11 "
Total length of line owned, leased and operated 57 miles.
Sidings, etc., 6.5 miles. Gauge, 4 feet 8£ inches. Hails, 50, 56, 57, and 60 Ibs.
RAILROAD MANUAL OF THE UNITED STATES.
345
Formed by consolidation of Baltimore and Philadelphia R. R. Co., chartered in
Maryland, May, 1852, and company with the present name, chartered in Pennsylva-
nia in 1853. It was intended for a through line to Baltimore, and was completed to its
present terminus in 1860. The leased lines are the Chester Creek R. R., 7.25 miles
and that portion of the Columbia and Port Deposit R. R., lying beteen Port De-
posit and the Junction, 3.75 miles.
Rolling Stock. — Locomotive engines, 10. Cars — passenger, 8; baggage, mail,
and express, 3 ; and freight, 110 — total, 121 cars.
Operations for year ending October 31, 1877. — Trains run — passenger, 103,553,
freight, 56.5S9 — total, 160,142 miles. Passengers carried, 227,913 ; carried one mile,
3,325,587. Freight moved, 143,110, moved one mile, 2,610,563 tons.
Earnings.
From Passengers $103,570 82
" Freight, etc 172,10141
$275,6?2 23
Expenditures.
For Operating Expenses $179,477 03
" Ket Earnings 96,19520
$275,672 23
The road is operated by the trustee of the bondholders, and no further report of
operations is made.
Financial Statement, October 31, 1877.— Capital stock ($2,000,000) paid in, $220,-
606.11 ; funded debt, 1st mortgage (on 36.75 m. in Pa.) 7 per cent, bonds, due Jan-
uary 1, 1879, $SOD,000 ; and (on 9.25 m. in Md.) 6 per cent, bonds, due October 1, 1891,
$300,000 ; and 2d mortgage (on 46 m. in Pa. and Md.) 7 per cent, bonds, due January
1, 1900, $400,000— total, $1,500,000. Total stock, bonds and debt, $1,720,606.11.
Per contra : Cost of road, $1,814,353.44 ; and of equipment, $177,743.94— total, $1,992,-
097.38. Real estate, $25,000.
Financial condition and fiscal results yearly for ten years :
Fiscal
Years.
m -^
4> O>
E3 O
*&
Capital
Stock.
Funded
Debt.
Floating
Debt.
Cost of
Road, etc.
QD'O
•2Tn
^H 0>
*£
Train
Miles.
Gross
Earnings.
Working
Expenses.
Net
Earnings.
1867-68...
39
39
46
46
46
46
46
46
46
46
$218,000
218,000
220,606
220,606
220,606
2-20.606
2-20,606
220,606
220,606
220,606
$8f'0,000
800,000
1,100,000
1,500,000
1,500,000
1,500,000
1,500.000
1,500,000
1,500,000
1,500,000
$212,500
291,686
326,690
90,288
53,414
46,946
$1,336,551
1,415,976
1,777,649
1,981,592
1.983,953
1,988,851
1,988,913
1,992,085
1,992,097
1,997,018
44
58
58
58
58
57
57
57
57
57
87.111
124,224
155,390
167,474
176,312
182,886
161,4(15
157.210
163,673
160,142
$155,746
196,672
251,576
271, -205
295,594
303,221
296,615
284,028
304.4-->6
275,672
$136,322
187,400
245,575
241,418
190,389
2-24,86-2
203,567
184,7%
179,725
179,477
$19,424
9,272
6,001
29,787
105,205
78,359
93,048
99,232
124,701
96,195
1868-69
1869-70
1870-71
1871-72
1872-73....
1873-74
1874-75 ....
1875-76...
1876-77
The net earnings above stated are exclusive of rents, taxes, etc.
HENRY WOOD, President and Gen. Superintendent, Philadelphia, Pa.
Secretary— J. J. Pinkerton Philadelphia, Pa. | Acting Treasurer Henry Wood.
PRINCIPAL OFFICE AND ADDRESS Philadelphia, Pa.
346 RAILROAD MANUAL OF THE UNITED STATES.
CHESTER CEEEK EAILEOAD.
Chartered in 1865, and road opened in 1867. It, extends from Lamokin (P., W.
and B. R. R.) to Lenni (P. and B. C.), 7.25 miles, with one mile of sidings. It is
leased to the Philadelphia and Baltimore Central R. R. Co., and operated by it.
Rolling Stock. — Furnished by lessees.
Operations. — Included in lessees' returns. — Dividends, 6 per cent, on $185,000.
General Balances, December 31, 1877.— Capital stock, 3,700 shares, $185,000;
and funded debt, 1st mortgage 6 per cent, bonds, interest payable January and July,
and principal January 1, 1902, $185,000— total stock and bonds, $370,000. Per contra :
Cost of road, etc., $370,000.
SAMUEL M. FELTON, President Philadelphia, Pa.
Treasurer— Joseph Huddell .... Philadelphia, Pa. | Secretary— William Ward Chester, Pa.
PRINCIPAL OFFICE AND ADDRESS Philadelphia, Pa.
PHILADELPHIA AND MEEION KAILKOAD. (In Progress.)
Line of Road. — Philadelphia, Pa., to Merion, Pa 5 miles.
The location of this road has not been completed.
Financial Statement, December 31, 1876.— Capital stock authorized, $100,000 ;
subscribed, $12,500 ; paid in, $1,250 ; expended to date, $761.20.
GEO. B. ROBERTS, President Philadelphia, Pa.
Albert Hewson, Secretary and Treasurer Philadelphia, Pa.
PHILADELPHIA, NEWTOWN AND NEW YOEK E. E.
Line of Road. — Philadelphia, Pa., to Newtown, Pa 21 miles.
Sidings, etc., 1 mile. Gauge, 4 feet 8£ inches. Rail, 50 Ibs.
This company was organized in 1874, and the road opened to Chittenham, 4
miles, in 1875. It was sold under foreclosure October 4, 1876, the road at that time
being completed to Fox Chase, 7 miles, and operated by the Pennsylvania R. R. Co.
It was completed by reorganized company February 8, 1878, the Pennsylvania R. R
being used 6 miles, to Newtown Junction.
Rolling Stock.— Supplied by Pennsylvania R. R. Co.
EAILKOAD MANUAL OF THE UNITED STATES. 347
Operations for year ending December 31, 1877. — Not reported.
Financial Statement, December 31, 1877.— Capital stock paid in, $1,200,000;
funded debt, 1st mortgage 6 per cent, bonds, dated October 1, 1877, due October 1,
1897, $700,000— total stock and bonds, $9,900,000, representing cost of construction,
less $70,000 bonds retained for equipment purposes, and $52,500 real estate.
Directors (elected May 7, 1877.) — J. H. Jacobs, Reading, Pa., Alfred Blakes,
Cyrus Hillborn, Isaac Eyre, O. H. Holcomb, Newtown, Pa, William Painter and H.
G. Sickel, Philadelphia.
WILLIAM PAINTER, President Philadelphia, Pa.
Treat*.— Barclay J. Smith Newtown, Pa.
Sf-C^y.—G. A. Rahm Philadelphia, "
Supt.—L. L. Bush Birdsboro, "
Gen. Agent— C. E. Pugh Philadelphia, Pa.
Purch. Agf.—C. F. Drake
Engineer — S. C. Claymaker Lancaster, "
PRINCIPAL OFFICE AND ADDRESS 125 South 4th St., Philadelphia, Pa.
PHILADELPHIA AND READING RAILROAD.
Line of Road. — Philadelphia to Pottsville, Pa. (double track) 98.4 miles.
Branches named below (56.7 miles double track) 228.6 "
Leased lines (81.8 miles double track) 416.0 "
Other lines operated 56.4 "
Total length of railroad owned, leased and operated 799.4 miles.
Double track, 236.9 miles. Sidings — main line, 159.1 ; branches, 141.3 ; other, 223.4
miles. Steel rails, 102.5 in. Gauge, 4 ft. 8| in. Rail, iron, 56 & 68 ; steel, 68 Ibs.
This company was chartered by the Legislature of Pennsylvania, April 4, 1833, to
build a road from Philadelphia to Reading, 58 mile's. Work was commenced in the
spring of 1835, and portions of the road were opened for travel in July, 1838. By
Act of March 20, 1838, authority was given to extend the road to Mount Carbon or to
Pottsville, one mile above Mount Carbon. As these two points were already con-
nected by the Mount Carbon Railroad, it was decided to extend the road to connect
therewith. The Mount Carbon Railroad, May 13, 1872, was merged into and became
a part of the main line of the Philadelphia and Reading Railroad.
The first through trains between Philadelphia and Pottsville, 93 miles, were run
in January, 1842, although local trains were run in 1838.
The branch from the Falls of the Schuylkill to Port Richmond, from which the
shipments of coal are made, was completed in 1842. In 1850 the company bought
improvements extending from Broad and Vine streets, in Philadelphia, to and in-
cluding the inclined plane on the west of the Schuylkill and the Columbia Bridge over
the river. In 1858 the Lebanon Valley Railroad, 54 miles long, extending from Read-
ing to Harrisburg, was merged into the main line ; and since that time, the Mahanoy
and Shamokin, the Lebanon and Tremont, the Northern Liberties and Penn Town-
ship, the Port Kennedy, the Schuylkill and Susquehanna, the Mount Carbon, the
Moselem, and the West Reading Branch Railroads have been consolidated with the
company's line, and are now treated as portions of the road proper.
348
RAILROAD MANUAL OF THE UNITED STATES.
Statement of lines owned and operated, November 30, 1877 :
Name of Road.
Date of Lea?e
or Merger.
Single
Track.
Double
Track.
Length
of
Road.
Sidings
and
Laterals.
Total
Length of
Tracks
and
Sidings.
Main Line Phila. and Reading; R. R
98.4
98-4
159.1
355 9
Northern Liberties & Penn Township Br.
Port Kennedy Brancii
Mav 8, 1871...
June 19, 1872
*i 2
1.4
1.4
1 2
.8
.4
3.6
1 6
Lebanon Valley Branch
Ma> . 20, 1858.
9 2
44 5
53.7
22.5
120 7
Lebanon and Tremont
Schuylkill and Susquehanna Branch
May 8, 1871 . . .
Ju ie 19, 1872
42.2
53.4
42.2
53 4
25.5
8 9
67.7
62 3
May 13 1872
8 5
8 5
9 8
18 3
Mahanoy and Shamokin Branch
Mar 25, 1871.
53 8
10 8
64.6
71.8
147 2
Moselem Branch
Apriil, 1873
1 7
1 7
7
24
West Reading Branch
April 2, 1873.
1.9
1 9
9
28
Total Roads Owned
171.9
155.1
327.0
300.4
782.5
Chester Valley Railroad
Jan. 1, 1859. . .
Aug. 16, 1868.
21.5
38 6
.
21.5
38.6
2.3
6 6
23.8
45 2
Colebrookdale Railroad
Jan. 1, 1870 .
12 8
12 8
2.1
14 9
Pickering Valley Pailroad
East Pennsylvania Railroad
Sept. 1, 1871..
May 1, 1869...
11 3
17 7
•
11 3
36.0
.6
16 6
11.9
70 9
Allentown Railroad
4.5
4 5
3
4 8
Little Schuylkill Railroad
July 1, 1868
28 1
18 3
28 1
23 6
51 7
Mine Hill Railroad
Mav 12, 1864..
31.9
21 8
53.7
60 4
1359
Mount Carbon and Port Carbon Railroad.
Mill Creek Railroad
Mar. 5, I860..
July 25. 1861..
2.5
3 8
2.5
3 8
13.2
16 2
18.2
23.8
Schuylkill Valley Railroad
July 25, 1861..
5.7
5 3
11.0
13 8
30 1
East Mahanoy Railroad
Phila., Germantown and Norrit-town R.R.
Catawissa Railroad
Philadelphia and Chester Branch
July 1, ls68..
Dec. 1, 1870. .
Nov. 1, 1872..
10.7
13.5
92.6
4.1
20.2
99
10.7
33.7
92.6
14.0
3.8
19.8
20.0
3.4
14.5
73.7
112.6
27.3
Berks and Lehigh Branch
Mar. 1, 1875. .
41.2
41.2
3.0
44.2
Total Roads Leased
334.2
81 8
416 0
205 7
703 5
Reading and Columbia Railroad
39 5
39.5
16 4
55.9
Lebanon lir., Reading and Columbia R. R.
1 6
1.6
1.6
Ouarryville Br., "• " "
15.3
15.3
1.3
16.6
Total Roads Controlled
56.4
56 4
17 7
74.1
Included in the Phila., Germantown and Norristown R. R. is the Chestnut Hill
R. R., 3.91 miles, leased December 1, 1870, and the Plymouth R. R., 8.93 miles, leased
December 1, 1870.
In addition to these railroads, the P. and R. R. R. Co. operate the following
canals :
Date of Lease.
Length, Miles.
Term of Lease,
Years.
Sehuylkill Navigation Co
January 1, 1870
108.23
999
January 1 1872
45 00
999
RAILROAD MANUAL OF THE UNITED STATES.
RECAPITULATION.
349
Single
Track.
Double
Track.
Length of
Road.
Sidings
and
Laterals.
Total
Length of
Lines
and
Sidings.
Roads Owned
171.9
155.1
327.0
300.4
782.5
Roads Le.-ised.
334.2
81.8
416.0
205.7
703.5
Roads Controlled . .
56.4
56.4
17.7
74.1
Aggregate Railroads :
562.5
236.9
799.4
523.8
1,560.1
153.23
153.23
f
The cliief business of the company is the transportation of coal from the first and
second anthracite coal fields of Pennsylvania to tidewater in the Delaware River, at
Port Richmond, Philadelphia. At this eastern terminus are 23 wharves, extending
from 300 to 800 feet into the river, with trestle work and chutes, allowing a direct dis-
charge of coal from the cars into vessels. More lhan 35 miles of track are distributed
on the wharves of the immediate neighborhood. The main line of road winds through
the Schuylkill Valley, extending numerous branches east and west, draining com-
pletely the two southern coal fields, and making them tributaries to the main stem.
At Lebanon, 28 miles west of Reading, a connection is made with the Cornwall
Railroad, contributing the products of the iron ore deposits of Cornwall to the busi-
ness of this branch.
The Broad Mountain, dividing the two coal fields, is 'crossed by the different
branches at four different points, three of which lead directly into the Mahanoy coal
field and one into the Wiconisco basin. The ascent from the southern side is by
steep but practical gradients ; but the descent of the above points is by means of in-
clined planes, the steepest of which, the Mahanoy plane, has a maximum gradient of
22 feet per 100, and is -j*<fo of a mile in length.
The Laurel Run Improvement Co. was chartered May 18, 1871, and the name
changed, by orderof Court, December 12, 1871, to the Philadelphia and Reading Coal
and Iron Co., which was organized, under the auspices of the R. R. Co,, for the
purpose of purchasing and operating the coal properties with which the railroad was
connected.
Statement of length of track on all lines for ten years (November 30) :
1868.
1869.
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Main Line
320.2
486.5
326.0
815.9
334.3
833.7
336.8
9:29.5
339.8
1,045.5
346.7
1,013.4
346.9
1,1(14.9
3S0.6 354.1
1,203.2 1,197.0
355.9
1,204.2
Branch and other Lines . . .
Total
806.7
1,141.9
1,168.0
1,266.3
1,385.3 1,440.1
1.451.8 1,553.8 1,551.1
1,560.1
Rolling Stock, November 30, 1877. — Locomotive engines — 1st class, 368 ; 2d
class, 39 ; 3d class, 2 ; and 4th class, 6 — total 415. Cars — passenger, 334 ; baggage,
44 ; mail and express, 15 ; freight (house, 8-wheel, 1,125 ; 4-wheel, 28 ; platforn —
8-wheel, 2,126; 4-wheel, 29 ; cattle— 8-wheel, 114; lime— 8-wheel, 221 ; 4-wheel, 252;
350
RAILROAD MANUAL OF THE UNITED STATES.
sand and ore, 21 ; stone, 34) — total, 3,950. Coal (iron, 8-wheel, 3 ; 4- wheel, 1,612 ;
wooden— 8- wheel, 7,762; 4- wheel, 5,434) — total, 14,811 ; also, 1 16-wheel gun car —
total revenue cars, 19,155, equivalent to 30,902 four-wheel cars of all descriptions.
Also for use of transportation department, 141 wreck and wood cars, and for
roadway department, 451 crane, platform and dumping cars. Also, 19 snow plows,
119 cabin cars, 59 stationary engines, 26 carts, 59 express wagons, 241 horses and
mules, 31 extra tenders in the transportation department, 3 dirt scows, and 1 sweep-
ing car ; and in the roadway department, 2 steam engines, 1 portable engine, 6 lum-
ber and stone trucks, 3 carts, 1 dredging machine, 15 scows, 4 skiffs, and 3 boilers
and pumps.
The total number of cars broken during the year was 194, of which 94 were
caused by collision, 26 by broken axles, 18 by wrong switches, and the remainder
from various causes.
Statement of locomotives and cars (4- wheel) in use for ten years, November 30 :
1868.
1869.
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Locomotive En°ines
269
237
2,512
13,306
214
395
297
281
2,967
15.030
223
413
309
289
3,156
19,220
226
446
343
457
3,,s76
19,589
' 123
541
377
509
6,028
21,544
142
564
400
559
7.314
22.957
235
629
405
558
7.312
22,888
247
651
410
620
7,374
22,740
252
687
414
790
7,5-75
22,692
252
658
415
786
7,540
22,576
290
490
f Passenger, etc
Fre "ht
CMS, JJJJfl
4-wneel. , Transportation Dep't
[Roadway Department
Total (4-wheel cars
16,664
18,914
23,337
24,586
28,787
81,694 31,606
31,678
31,767
31,682
Floating Stock, November 30, 1877. — Steam colliers, 14 ; schooners, 2 ; steam
tugs, 2 ; canal boats, steam, 3 ; barges, 613. A large number of private canal boats
use the canal, of which no account is rendered.
Operations of R. Rs. for year ending November 30, 1877. — Trains run — on main
line, 3,469,803; Lebanon Valley Br., 514,679; laterals in coal regions, 2,276,356;
Chester Valley R. R., 49,482 ; E. Pa. R, R., 382,071 ; G. and N. Br., 705,376; Perki-
omen, R. R., 232,072 ; Colebrookdale R. R., 41,210 ; Allentown R. R., 20,701 ; Leb.
and Tremont R. R., 270,300 ; Pickering Valley R. R., 31,845; Sen. and Susq. R. R.,
230,274 ; Catawissa R. R., 515,383 ; Phil, and Chester R. R., 60,608 ; Berks and Lehigli,
74,130 — total, 8,874,290 miles. Passengers carried, 6,674,889; carried one mile,
74,315,237. Freight moved— merchandise, 2,837,648 ; materials, 313,5)87 ; coal (2,240
Ibs. to the ton), 7,255,318 tons. Merchandise moved one mile, 147,961,961 tons ; coal
moved one mile, 563,564,437 tons. Of the coal, 156,206 tons (2,240 Ibs. to the ton)
were bituminous, and 7,599,112 anthracite. Total tonnage of road, on main line and
branches, including weight of passengers, 11,833,826 tons of 2,000 Ibs.
The total number of miles run by engines from May, 1838, to November 30,
1877, was 116,905,324. The number of tons transported, 159,538,785 ; transported
one mile, 25,653,194,843. Total number of passengers carried, 65,901,810
The steam colliers carried during the year 602,496 tons.
KAILROAD MANUAL OF THE UNITED STATES.
351
Statement of operations of colliers for six years :
Year.
No. of
Colliers.
Tons of
Coal
Carried.
Total
Receipts.
Total
Expenses.
Net Profits.
Average rate
of Freight
received
per Ton.
Net
Insurance
Fund
fur Year.
Balance of
Insurance
Fund.
1872.
6
127,275
$355,460 03
$237,818 26
$117,641 77
$2 62
$11,701 93
$11,701 93
1873.
6
135,678
309,296 33
202,111 04
107,185 V9
2 32
24,165 69
35,867 62
1874.
13
217.340
300,636 26
294,045 41
6,590 85
1 29
43,033 05
78,900 67
1875.
14
352,073
491,039 50
418,479 61
72,559 89
1 15
73,525 46
152,426 13
1876.
14
509,315
657,901 12
460,874 58
197,026 54
1 06
60,691 41
213.117 54
1877.
14
602,496
652,454 87
411,723 37
240.731 50
1 03}
62,!<96 49
276,014 03
For several years the company have made their own rails,
ment shows the life of the rails so manufactured :
The following state-
YEARS.
Product
1868.
Tons.
8,971
1869.
Tons.
17,037
1870.
Tons.
17,557
1871.
Tons.
19,113
1872.
Tons.
20,043
1873.
Tons.
18,948
1874.
Tons.
15,916
1875.
Tons.
11,417
1876.
Tons.
12,971
1877.
Tons.
8,814
Total.
Tons.
150,787
Worn out,
1868 ...
5
5
1869
175
2}
177}
1870
904
164}
1}
1,070
1871 ....
1,418
614
240
3*
2275}
1872
1,067
897}
494
97}
3}
•
2,559}
1873 ... .
522*
1.138}
825
45!}
15?}
3}
3,102
1874
235*
594
597J
388
366}
92*
2
2,27(;}
1875
20E}
647*
794*
595*
774}
486
138
4}
3.643*
1876
27G}
788}
945*
837}
984*
1.042}
584}
160
3*
5,623
1877
144
476
660
620
751
1,OS6
683*
548
14S}
4}
5,116}
Total w. out
4,953}
5,322*
4,558*
3,001}
3,0&3}
2,71C}
1,408
712}
147
4}
25,851*
Per cent..
55A
31fff
26
l&fr
15 to
U.3..
J 0
8ft
• fi-2
"10
m
Too
17A-
Abstract of classified freight carried on R. R. for ten years in tons of 2,000 Ibs.:
Coal.
Iron.
0
1
T
1
Is
|
Fiscal
«
9
1
M
73
"25
— CJ
o
o
(4
9
'i
Years.
Oil.
"o
o
1
I
5 %
c«S
02
|
•Sj
i
M
1
Pig.
Other.
Ore.
O
9
o
Jc c
o>
m
5
I
•1— t
M
1
o
1
I1
6
1867-68
5.798
3,593,239
329,341
120,963
70,425
71.025
199,515
161,921
110,639
89,038
121,830
102,292
167,156
1868-C9
11,203
4,150,819 442,910
146,285 60,942 100,069
284,595
201,757
137,752
97,097
156,323
95,537
131,178
1869-70
12,195
4,696.746 478,097 172.347 77,329 132,818 419,965 224,290
156,309
101,164
143,576
163,106
151,844
1870-71
11,468
5,869,013 85M,869 237,622 94,401 157,841 423,863
328,533
220,83-.-
265,358
187,741
176,206
638,822
1871-72
70,lti5
6.420.511 507,175 299,799 80,058 212,515 &39.061
414,185
244,372
145,082
267,436
s!21,636 1,459,662
1872-73
1873-74
1874-75
188,649
216080
174,99
6.969,983 36'2,157
6,809,4763-1,194
5,882,658 283,451
273,826 78,791 200,619 653,927
252,781 67,063 173,546 f.21,024
200,706 46,256 171.574 399,766
533,718
563,817
461,308
328,827
320,585
501,852
183,177
164177
117,739
252,809
57,314
25,371
341,486 1,564,293
303,186 1,584,048
249,313 1,456,018
1875-76
195.329
6,074,192 192,439
214.396 56.955 138,549
378,889
391,230
410,179
157,056
22.204271:439 1,733:469
1876-77
324,376
7,951,005 174,951
228,867
45,062
175,108
381,170
387,910
535,164
140,210
25,015
243,656
1,221,332
352
KALLROAD MANUAL OF THE UNITED STATES.
Earnings.
(Railroad.)
Expenditures.
From Passengers $1,610,049 64
" Merchandise 2,913,587 66
" Coal 7,505,30734
" Mail 41,587 52
Miscellaneous . . , 72,477 91
$12,142,910 07
For Maintenance of Way $873,688 70
" Rolling Stock 1,201,900 34
" Transportation 2,450,335 08
" Depot Account 338,657 81
Miscellaneous 665,273 39
$5,529,855 32
Balance— net earnings, $6,613,054.75; deduct rents, $1,211,001.95; shipping ex-
penses, $219,769.35 ; insurance, premium on jrold, etc., $139,487.03 ; taxes, $254,-
140.01 ; renewal fund, $397,438.94. Balance, receipts over road expenses, $4,391,217.47.
jReceipts.
Net Earnings R. R $4,391,217 47
Steam Colliers 240,731 50
Taxes Refunded, etc 95,16703
Net Income Account.
Payments.
Interest on Bonded Debt $4,185,221 50
Loss on Canals 354,09420
Interest on Bonds and Mortgages ..... 112,664 36
Balance of Interest Account 238,586 54
Total $4,727, 116 00
The balance carried to profit and ^ss for the year was $163,450.60.
The company paid no dividend for the year.
$4,880.566 60
Eeceipts.
(Canals.)
Expenses.
Schuylkill $549,755 64
" Transportation Line 383,733 65
Susquehanna 78,019 76
$1,011,509 05
Repairs, Tonnage, etc. (Schuylkill) $126,470 80
" ( " Tr. Line).. 308,831 92
" " (Susquehanna).. 41,62200
$476,924 72
Balance, $534,584.33. Payments (Schuylkill): sinking fund and interest, $34,220;
rents, $637,696.56; old claim, $25; (Susquehanna) rents, $183,30364 ; Columbia dam,
etc., $33 , 433. 33— total payments, $388, 678. 53. Net loss on working canals, $354,094.20.
The receipts from steam colliers and coal barges at Richmond were $784,233.18 ;
expenses, including insurance, tolls, etc., $525,610.91. Net profit, $258,622.27.
The gross receipts from operations of R. R., canals, steam colliers and coal barges
were $13,938,652.30 — total expenses of operation, including taxes, rents of canals, etc.,
$9,642,906.76. Net from such operations, $4,295,745.54.
The following statement shows the cost of repairing main line and branches for
five years :
If
$73.
1!
374.
1!
375.
11
376.
1
877.
Miles
Track.
Amount.
Miles
Track.
Amount.
Miles
Track.
Amount.
Miles.
Track.
Amount.
Miles
Track.
Amount.
M'n. Lines & L.
1,122.2
$
1,268,377
1,130.4
$
938,809
1,152.0
$
899,500
1,146.6
$
843,101
1,154.9
$
638,926
Catawissa R. R.
109.2
221,564
110.0
149,289
112.0
111,314
112.6
99,334
1126
83,298
Allentown
4.8
2,285
48
2,130
4.8
3,117
4.8
2,059
4.8
2,295
Colebrk'd'le
14.6
10,743
148
16,911
15.2
15,742
14.9
13,484
149
8,663
Pick. Valley
11.7
8,394
11.9
7,552
11.9
7,564
11.9
7,404
11.9
7,421
Perkiomen
2«.9
20.530
27.3
25,004
44.4
26,523
44.9
49.1C1
45.2
30,799
Chester Val.
23.8
29,095
23.8
22,993
23.9
19,76-2
23.8
17,978
23.8
17,002
Ger. & Nor.
69.3
113,603
70.6
89,605
71.2
80,352
73.1
85,679
73.7
68,600
Berks & L.
44.4
28,621
44.4
20,988
444
16,634
1,382.5
1,674,591
1,393.0
1,252,293
1,479 8
1,192,496
1,477.0
1,139,186
1,486.0
873,689
RAILROAD MANUAL OF THE UNITED STATES.
353
The receipts and expenses (including rents) of the Canals, for six years, is as
follows :
Year.
Schuylkill.
Susquehanna.
Eeceipts.
Expenses.
Receipts.
Expenses.
1872
$1,127,021 56
1,241,589 23
1,128,892 29
1,139,563 07
844,367 36
933,489 29
$1,478,287 08
1,403,194 45
1,365,322 80
1,265,279 52
1,094,180 87
1,107,219 28
$99,151 20
87,697 41
H '1,797 49
95,839 79
101.268 33
78,019 76
$215,641 28
345,487 89
262,816 62
268,109 88
21)3,814 85
258,258 97
1873
1874
1875
1876
1877
The following 'detailed tabular statement shows the comparative results of the
year's business :
1876.
1877.
(10,936,157, equal
TraveH to 1,331,949 tnro' V $2,433,685
( passengers. j
Mdse., 2,493,2764ft tons.. 2,949,501
Coal, 4,622,916 tons.... 6,708,682
Mail.
Miscellaneous
< 6,674,889,equal )
1 to 799,088 thro' V $1,61 0,050
( passengers. )
2,837,648-^ tons 2,913,588
5,905, 194-2V " 7,505,207
54,484 41,587
Per cent.
Dec, $823,635=33.8
Dec. 35,913= 1.2
Inc. 796,525=11.9
Dec. 12,897=23.7
81,159 72,478 Dec. 8,681=10.7
Gross Receipts $12,227,511 $12,142,910 Dec. 84,601= 0.7
Gross Expenses 8,510,350 7,751,693 Dec. 758,657=8.9
Net Profits $3,717,161 $4,391,217 Inc. 674,056=18.1
Gross expenses, including renewal fund, rents of lateral roads, taxes, etc., in the
year 1875, were 64-!% per cent, of gross receipts ; 1876, 69-/V per cent., and 1877, 63ia0-
per cent.
Abstract of receipts and expenses per passenger and per ton per mile, including
renewal fund, rents of laterals, taxes, etc., and based upon coal tonnage of main line
and branches only, for ten years :
Year Ending
Nov. 30.
Passengers.
Merchandise.
Coal.
Receipts.
Expenses.
Receipts.
Expenses.
Receipts.
Expenses.
1868...
2 98V,o
2 71V,o
2 70V10
228
2 25V,0
2 29«/,o
0 289/,o
0 26V,o
0 22V10
0 24V,o
1 76V10
1 44
1 84«/,o
1 68V, o
1 78V,0
1 99V, o
0 20%0
0 19V,o
0 16V, o
0 16V, o
1 16
1 11
0 963/io
1 00
0 93
1 08V, o
1 09V,0
1 IS'/!!
1 02Vio
0 63V,o
0 59V, o
0 68Vio
0 68»/io
0 65V,o
0 76»/,o
0 68V,o
0 71V,o
0 79V10
0 68V,o
1 74V,o
1 969/io
1 73V, 0
1 SOVio
1 54V
1 712/
1 721/
1 27V1J
0 91V,o
0 85V,0
1 35V,0
1 21V,o
1 86V,0
1 85»/,o
0 9 -V,o
1 10s/
o siv1,;
1869
1870...
1871...
1872 ....
1873 ...
1874...
1875
1876...
1877
354
KAILKOAD MANUAL OF THE UNITED STATES.
Prior to 1874 the receipts and costs per passenger were calculated, not upon tlie
number carried during the year, but upon the equivalent of through passengers be-
tween Philadelphia and Pottsville. Since that time the tables are based upon the
actual number of passengers carried.
The sums paid for rents of leased roads and ground-rents are included under the
general head of rents. These amounted in 1860-61 to $53,759.53 ; in 1861-62 to $107,-
828,85; in 1862-63 to $277,206,65; in 1863-64 to $627,658.89; in 1864-65 to $623,-
252.24: in 1865-66 to $615,336.79; in 1866-67 to $563,895.38 ; in 1867-68 to $550,-
852.51 ; in 1868-69 to $609,179.73 ; in 1869-70 to $628,883.86 ; in 1870-71 to $859,790.39 ;
in 1871-72 to $827,413.89 ; in 1872-73 to $866,822.50 ; in 1873-74 to $918,800.76 ; in
1874-75 to $975,637.65 ; in 1875-76 to $1,162,242.63 ; and in 1876-77 to $1,211,001.95.
Including the amount paid for lease of the canals, the sum total for leases was, 1876-
77, $2,032,002.15.
Abstract of railroad operations for ten years :
I. — TRAIN MILEAGE, PASSENGER TRAFFIC AND TONNAGE.
Fiscal Years.
Train
Mileage.
Passengers
Carried.
Tonnage Movement.
Total ton-
nage, includ-
ing weight of
passengers,
etc , 2,"000
Ibs. to Ton.
Coal,
(2,240 IDS.)
Freight,
(2,0001bs.)
Materials,
(2,000 Ibs.)
1867-68
4,500,135
5,159,301
5,100,175
6,543,138
7,248,778
8,351,682
8,119,077
7,690,534
8,414,596
8,874,290
1,194,575
1,527,769
2,034,039
5,766,934
6,383,991
6,790,088
6,964,869
6,9«,129
10,936,157
6,674,889
3,574,874
4,239,457
4.633,504
6,00-2.573
6,185,434
6,546,553
6,34S,812
5.505,455
5.595.207
7,255,318
1,220,596
1,422,738
1,754.943
2.305,234
' 2,891,400
3,331,194
3,098,831
2,720,208
2,493,277
2,837,648
220,946
337,117
293,578
437,4.^6
497,571
651,648
493,591
581,984
482.222
313,981
5,488,558
6,667,190
7,449.925
8,548,964
10,981,657
11,932,262
11,336,261
10,099,040
10, 236,326
11,833,826
1868-69 .
1869-70
1870-71
1871-72
1872-73
1873-74
1874-75
1875-76
1876-77
Coal tonnage for years 1867-68 and 1868-69 does not include lateral tonnage.
tonnage is included.
Since those years all coal
II.— EARNINGS, EXPENSES, PROFITS, INTEREST, DIVIDENDS.
Fiscal
Years.
Gross
Earnings.
Other
Keceipts.
Total
Income.
Expenses,
Rents, etc.
Profits.
Interest on
Bonds,
Sinking
Funds, etc.
Dividends
and Taxes
on same.
<a
ts
P3
1867-68
$
8,791,937 05
$
110,948 19
$
8,902,885 24
$
6,162,510 91
$
2,740,^74 33
$
891,444 21
1
2,797,780 33
10
1868-69 11,208,381 18
66,859 49
11,275,240 67
6,87&,312 67j 4,398,928 00
1,122,008 81
3,158.357 08
10
1869-70 9,571,367 35
741.217 90
10,312,585 25
6,5n8,785 65
3,803,799 60
933,259 77
3,292,368 58
10
1870-71
12,544,933 27
74,890 22
1 -2,619,8^3 49
7,555,903 02
5,063,920 47
1, ('65,647 65
3,410,631 49
10
1871-72
12,125,038 11
004,071 20
13,029,109 31
8,063,541 68
4,9(55,567 63
2,001,127 67
3,593.o!)l 40
10
1872-73 14,832,660 68
1,065,116 28
15,897,776 96
9,474,894 91
6,422.882 05
2,292,102 22
3,598,384 15
10
1873-74 14452,121 18
1,351, 6h9 83
15,803,791 01
8,731,916 36
7,071,874 65
3,126,502 00
3,701,601 60
10
1874-75 12,660,927 29
2,341,890 52
15,002,817 81
8,130,159 10
6,872,658 71
4.007,720 68
3,736,269 31
10
1875-76
12.2->7,510 57
197,026 54
12,424,537 11
9,312,101 22
3,112,435 89
4,474,383 21
59,201 17
1876-77
12J142,910 07
335,898 53
12,478,808 60
8, 19o,786 80
4,373,021 80
4,536,472 40
The dividends of 1867 and 1868 were 5 per cent, cash and 5 per cent, stock each ;
in 1875-76 cash 3i per cent, on preferred stock only — for all other years, all cash, and
in all cases clear of taxes.
RATLKOAD MANUAL OF THE UNITED STATES.
355
Assets and Liabilities, November 30, 1877.
Assets.
Cash on Hand $717,613 97
Bills Receivable 207,204 63
Freight and Toll Bills due 563,961 17
Stocks and Bonds 5,169,425 29
Materials on Hand 671,47730
Debts due 4,849,139 74
$12,178,822 10
Liabilities.
Debts due by Company $6,427,961 09
Wages, etc 660,10844
Coupons and Interest Accrued 788,840 00
Sinking and other Funds 896,599 66
State Tax on Stock and Gross Receipts 81,506 78
Assets in excess 3,323,806 13
$12,178,822 10
ABSTRACT OF RECEIPTS, EXPENSES, ETC., op R. R. COLLIERS, BARGES AND CANALS, FOR Six YEARS
Receipts.
Expenses.
Receipts
Date
Railroad.
Colliers
and
Canals.
Total.
Railroad.
Colliers
and
Canals.
Total.
over
Expenses.
Barges.
Barges.
1872.
$13.391,586
$657,603
$1,226,173
$15,275,362
$7,030,789
$552,324
|
$840,028 $8,423,141
$6,852,221
1873.
16,115,008 586,708 "1,329,287
18,031,003
8,435,648
484,544
782,152 9,702,344 8,328,U59
1874.
16,224,452 480,454 1,230.690
17,9*5 ,59tt
7,641,406
523,168
750,002 8,914,576 9,021,020
1875.
15,292,804 614,232 1,235.403
17,142,439
7,023,077
606,232
680,238; 8,309,547 8,832,892
1876.
12,227,511
746,847
945.636
13,919,994
7,281,226
590,603
500.450 8.372,279 5,547,715
1877.
12,220,186
784,233
1,011,509
14,015,928
6,286,551
525,611
503,5b7
7,315,749
6,700,179
Payments for rents, interest, dividends, etc. :
Interest
Interest
Date.
Rents.
Sinking
Funds.
Taxes. '
on
Funded
on Bonds,
Mortgages,
Dividends.
Total.
Balance.
Debt.
etc.
1872 . .
$1,637,480
$58,590
$559,723
$1,694,488
$108,613
$3,422,277
$7,481,171
$628,950
1873
1,691,420
2M 1,320
528,162
1,781,802
117,526
3,427,033
7,796,263
532 396
1874
1,742,226
437,247
446.893
2.614,580
1« 8,895
3'427,408
8, 77? '249
• 243'771
1875
1.794,569
460.870
439,943
3,476,088
104,982
3,427,770
9.704,222
871,330
1876
1,983,158
537,016
143,737
3,857,969
392,670
54,313
6,968,'863
1, 421 1 148
1877
2,032,002
34,220
260,935
4,185,221
351,251
6,863,629
163,450
Reserved Fund, 1871, was $789,555.90.
The result of the business of the railroad company for the year ending Novem-
ber 30, 1877, was $163,450.60 less than the charges for interest account ; but as $863,-
122.50 were payable, under the funding scheme, in scrip, the net cash result was a
profit of $699,671.90. During the year a proposition was made to holders of the
later securities, looking to the funding of interest and rentals for a term of years,
and adopted by them as follows : holders of the general mortgage bonds and of
guarantees of Perkiomen R. R. Co.'s sterling bonds to accept for 3 years payment of
coupons, one half in cash and the other half in 5 year interest bearing scrip ; the
holders of convertible bonds, debentures of R. R. and Coal and Iron Cos., and bond and
stockholders of Canals to take interest bearing scrip for 5 years for interest and divi-
356 RAILROAD MANUAL OF THE UNITED STATES.
dends, all the scrip being convertible into income-mortgage bonds ; and the draw-
ings for sinking funds on improvement mortgage, general mortgage and Perkiomen
R. R. mortgage to be suspended until 1881.
Exclusive of sinking funds, the following table will show the amount of relief
afforded by the scheme and the periods within which it will be obtained :
Philadelphia and Reading Railroad Company :
General Mortgage Loan, 1874 -1908, $19,686,000 at | of 6 per
cent, for 3 years $1,771,740
Debenture loan, 1868-1893. $1,138,300 at 6 percent, for 5 years, 341,490
Convertible loan, 1873-1893, $10,499,900 at 7 per cent, for 5
years 3,674,965
Convertible loan, 1870-1890, $28,000 at 7 per cent, for 5 years, 9,800
$5,797,995
Schuylkill Navigation Co. :
Loan of 1895, $1,200,000 at 6 per cent, for 5 years 360,000
Dividends, $101,654 for 5 years 508,270
868,270
Susquehanna Canal Co. :
Loan of 1885, $1,000,000 at 6 per cent, for 5 years 300,000
1918, $1,321,000 at 6 per cent, for 5 years 396,300
1902, $250,000 at 7 per cent, for 5 years 87,500
783,800
Perkiomen R. R. Co. :
Consolidated mortgage loan, 1873-1913, $1,125,000 at 6 per
cent, for 3 years , , 101,250
Philadelphia and Reading Coal and Iron Company :
Debenture loan, 1872-1892, $1,731,000 at 7 per cent, for 5 years, 605,850
Total scrip to be issued $8,157,165
There had been issued in scrip prior to close of the fiscal year $6,097,396.40, of
which $1,803,000 had been converted into income mortgage bonds, while up to Jan-
uary 10, 1878, the entire amount of scrip issued was $6,379,433.50, of which amount
$1,842,000 had been converted into income mortgage bonds.
As compared with the floating debt of $8,272,359.33, reported at the last annual
meeting, the floating debt of both companies, at the close of business on the 12th of
January, 1878, was $6,674,980.52, of which sum $175,325 is represented by bills re-
ceivable with good security, and a further amount of $519,893.42 represents loans
made upon coal and iron now on hand, and of greater market value than the debt
secured by the pledge.
RAILROAD MANUAL OF THE UNITED STATES.
357
General Balance,
Railroad $26,318,37753
Depots 4,194,711 39
Locomotives and Cars 9,355,442 24
Real Estate 7,688,34425
East Pennsylvania Railroad Stock. . 949,358 13
Reading & Columbia Railroad Stock. 232,480 00
Allentown Railroad Stock 320,582 99
E;ist Mahanoy Railroad Stock 274,295 61
Other R. R. and Tel. Stock 196,027 75
Steam Colliers 2,671,269 39
Coal B;irges less installments 463,713 50
Schuylkill Navigation 1,000,00000
Phila. and R. C. and I. Co. Stock. . . . 8,000,000 00
" " " Bonds 39,737,96553
Cash on Hand 717,613 97
Bills Receivable 207,20463
Freight Bills Receivable 563,961 17
Stocks and Bonds 5,169,425 29
Materials 671,47730
BranceR.Rs 2,537.97384
P. and R. C. and I. Co 741,180 04
Sundry Accounts 1,569,985 86
Coupons P. and R. R. R. Co. 4,408,242 00
Schuylkill Nav. Co 167,70000
Susquehanna Canal Co 236,79000
Discount, Commission, etc 500,000 00
Profit & Loss Nov. 30, 1876 1,355,708 58
" 1877 163,48060
November 30, 1877.
Capital Stock (Common) $32.726,375 28
" " (Preferred) 1,551,80000
6 per cent. $ loan, 1893 1,135,300 00
7 " $ " 1890 28,00000
6 $ " 1886 79,00000
6 $ " 1880 1,510,50000
7 " $ " 1893 2,700,00000
5 £ " 1880 182,40000
6 £ " 1880 967,20000
7 £ " 1882 134,40000
7 " $ " 1911 7,310,00000
6 p. c. gold for £l'nl911 6.999,000 00
6 " "$ " 1911 305,00000
7 per cent. $ loan, 1911, reg 3,339,000 00
6 p. c. gold $ " 1911. reg 663,00000
7 percent. $ " 1893 10,499,90000
New 6 per cent, gold $ or £, 1897. . . 9.364,000 00
General Mtg. Loan, 6 p. c., 1908 19,686.000 00
7 p. c. Income Mtg. Loan, 1896 1,803,000 00
Bonds and Mortgages on Real Estate. 1,8(59,078 41
6 p. c. Scrip, 1877-82 4,294,396 40
Loan Schuy'l Nav. Co., maturing 1895. 1,200,000 00
" " " " 1913. 756,650 00
" " " 1915. 621,600 00
Loan of East Pa. R. R. Co., 1888 495,900 00
Bonds drawn 1,571,800.00
Less S. F. C. & I. Co 262,034.47—1,309,765 53
FloatingDebt ... 6,427,96109
Wages, Materials, etc 660,108 44
Coupons and Taxes 869,946 78
Sinking Funds 577,085 55
Ins. and Renewal Funds 319,514 11
$120,386,281 59
$120,386,281 50
The following shows the actual assets and liabilities as shown in the general
balance :
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Cash on Hand
$
2,065,841
87,000
383,058
4,202,535
11,962,000
1,157,486
890,621
33,449
$
1,050,392
38,147
442,857
4,471.577
18.825.965
1,590,785
1,124,584
20,016
*
1,170,109
111,678
460,102
4,527,762
26,366,116
1,904,513
1,806,330
$
2,815,168
21,240
500,44)
5,741,958
$
1,711,012
79,069
631,072
6,538,157
$
492,948
242,0 0
445,105
3,510,007
$
717,614
207,205
563,961
5,169,425
Bills Receivable
Freight, etc., due
Stocks and Bonds
Coal Lands.
Materials
2,282,943
7,353,259
1,604,787
12,250,834
896,569
6,001,692
671,477
4,849,140
Debts due to Co
Insurance Fund
Debts due by Co
20,781,990
27,564,323
36,346,610
18,715,012
22,874,931
11,588,331
12,178,822
2,185,132
2,184,432
2,751,395
4,883,994
7,978,532
850,997
6,417,319
425,928
634,912
61,134
458,375
239,795
82,014
177,431
13,672
2,226,754
925,961
5,502,000
660,108
788,840
Floating Debt.
Wages, Drawbacks, etc
Coupons, etc. , Dec. 1
Interest on Mortgages
759,587
414,584
47,727
116,070
925,687
638,389
69,018
141,070
659,280
723835
71,502
357,170
18,667
219,435
74,771
220,303
633,633
62,011
231.476
75,309
282,753
108,991
43,374
12,173,168
498,797
745,082
59,216
395,852
164,374
308,491
143,211
3,416
12,517,960
Sinking Fund
365,435
318,391
81,507
211.651
1,123
3,323,806
Insurance Fund
State Tiix on Div., etc . .
Sinking Fund Sen. Nav. Co.
Renewal Fund . .
157,415
41,882
7.432
17,052,161
'164.441
48,977
Balance
23,392,309
31,470,555
20,781,990
27,564,323
36,346,610
18,715,012
22,814,931
11,588,331
12,178,822
358 RAILROAD MANUAL OF THE UNITED STATES.
Abstract of general account for seven years (November 30) :
1871.
1872.
1873.
1874.
1875.
1876.
1877.
v Capital Stock, Common
$
30,014.775
1,551,800
21,403,200
1,318.535
2.578,250
495,900
201,915
2,302,505
$
32,684,375
$
32,718,775
$
32,722,775
$
32,725,775
$
32,726.375
1,551,800
64.906.800
1.893,645
2,578,250
495,900
$
32.726,375
1.551,800
71000,097
1,869,078
2,578,250
495,900
Preferred . .
— Funded Debt
1,551,800
28,236.430
1,810,224
2,578,«50
495,900
847.149
1,110,855
1,551,800
39,153.801
1,958.765
2,578,250
495,900
160,604
2,331,601
1,551,800
53,2f>6,071
1,814,917
2,578.250
495,900
693,100
1,177,754
614,800
1,551,800
55,384,400
1,749,711
2,578,250
495,900
936.771
62,746
939,8UO
Bonds find Mortgages
Schuylkill NJIV. Co. Loans..
E. Penna R. R. Loan
Reserve Fund • . .
Dividend Fund (less div.). . .
Sinking Fund
::::::::
1,308,766
1,309,766
8,855.016
Sundry Liabilities
Railroad and Depots
Equipment
59,866,880
69,314,983
80,949,496
94,915,267 96,425,154
105.461,536
120,386,282
27,098,410
6,510,825
5,067,841
11.982,000
1,955,231
27,529,135
6,510.825
5,186 458
18,825,965
1,405^89
28.260,889
7,480,720
6,551,732
26,366,116
1,405,889
29,178,221
8,732,775
7,408,353
29,939,169
8,787,572
7,459,869
30,418,862
9,008,845
7,516.590
30.513,089
9,355.442
7,1.88,344
Real Estate
Coal Lanil C. and I. Co
R. R. Stocks
1,405,889
1,000,000
30,000.000
1,109,828
1,643,876
3,336,852
X! 282.943
6,553,373
1,405,889
1,000,000
29.897,311
2,542,160
1,607,439
2,421.153
1,604,787
8,492,020
1,841.060
8,000,000
39.737,966
2,671 269
1,514,258
1,180.063
896,569
150,122
1,945.744
8,000,000
39,737,966
2.671,269
1,463,714
1,488,780
671,478
10.018,565
4,812,732
500,000
1,519,159
P. and R. C. and I. Co. Stock.
Bonds
Steam Colliers
' 588,486
1,593,925
2,535.899
1,157,486
1,396,777
'588' 486
1,593,1)25
1,531,397
1,590,785
1,444,163
' 588,486
1,632,870
1,741,889
1,904,512
1,458,037
Canals and Barges
Cash and Cash Assets
Materials
Dues etc. (balance)
Coupons Funded
Discount, etc
500,000
1,355,7(19
670,223
Profit ana Loss
Additions for year. . .
3,107,955
3,558,356
2,263,157
1,267,785
59,866,880
69,314,983
80,949,496
94,915,267
96,425,154
105,461,536
120,386,282
In tlie above abstract only balances of assets and liabilities for tlie year are
stated.
The details of the funded debt are given in the general balance sheet above.
The following shows its condition for seven years:
Class of Bonds.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
6 p. c. $ debenture 1893 unconv.
7 $ 1890 conv...
6 $ mortgage 1886 " . .
6 $ 1880 unconv.
7 $ 1893
5 £ 1880
6 £
7 £ 1872
7 £ 1874
7 £ 1877
7 $ con. mort. 1911
6 grd$or£" "
6 $ con. mort. "
7 $ "
6 g'ld $ " "
7 $ debenture 1893 conv . .
$
1,139,500
2,520,000
113,500
1,521.000
2,700,000
182,400
976,800
110,400
43,200
134,400
5, 500.0( '0
4,000,000
376,000
1,462,000
624,000
9
1,139,000
28,000
96,000
1,521,000
2,700,000
182,400
976,800
$ &
1,138,900 1,138,900
28,000 28,000
86,5001 82,500
1,521,001)1 1,510.500
2,700,000 2,70i>,000
182,400 182,400
976,800 967,200
, $
1,138,400
28.000
79,500
1,510,500
2,700,000
182,400
967,200
$
1,138,400
28,000
79,000
1,510,500
2,700,000
182,400
961,200
$
1,135,300
28,000
79,0001
1,510.500
2,700,000
182,400
967,200
43,200
134,400
7,396,000
7,000,000
3 6,000
3,414,000
624,000
2,305,730
43,200
134,400
7,696.0(10
7,000,000
332,000
3,414,000
(><>8,l'00
6,600,985
6,631,716
134,400
7,428,000
7,000,000
805,000
3.3(53,000
673,000
9.493.670
9,800,000
8,459,501
134,400
7,331,000
7.000,000
305,000
3,358.000
663,000
10,500,000
9,588,000
9,900,000
134,400
7,310,000
7,000,000
305,000
3,a39,000
663,000
10,499,900
9,364,000
19,686,000
134,400*
7,310,000
6.999,000
305.000
3,33!), (XX)
663.000
10,499,900
9,364.000
19,686,000
1,803.000
4,294,396
6 gl'd $or£ 1897 imp mort..
6 " 1908 mortgage..
7 inc. mortgage
Scrip 1882
* Extended to 1882.
EAILEOAD MANUAL OF THE UNITED STATES. 359
The scrip issued in 1877 and due in 1882, in lieu of interest, bears 6 per cent,
interest, consisted of $2,762,575 on debentures and guarantees, with $741.40 frac-
tional ; $1,444,950 on general mortgages loan, and $80,130 on Perkiomen R. R.
mortgage. The sinking funds were $4,bOO on 1849-1870 loan ; $6,000 on 1861-1871 ;
611,000 on 1871-1911 ; $636,000 on 1873-1897 ; and $314,000 on 1874-1908.
It is expected that the floating debt will be further reduced during the year
1877-78 to the extent of very nearly $2,000,000, no matter what may be the prices
obtained for coal or the rates received for transportation.
The amount charged to profit and loss, viz.: $1,519,159.18, representing the loss
of $1,355,708.58 for 1876, and $163,450.60 for 1877, can be overbalanced by the credit
of $1,571,800 representing that amount of the funded debt of the company actually
paid and cancelled by the operations of the sinking funds and charged to income
account in previous years ; and the managers recommend that it be used to wipe out
the amount standing to the debit of profit and loss as the result of the business of
the last two years.
There has been no charge or addition to the capital of the company for the last
year, as all new work done by the railroad company has been charged to renewal
fund, which, computed at the rate of 5 cents per 100 tons of cargo carried one mile,
was sufficient for the purpose. During the periods of high prices the renewal fund
was calculated as well upon the weight of the cars as of their cargo, but in view of
the great reduction in the cost of rails and other materials, and of the increase in the
traffic of the company, it is recommended that hereafter this fund shall be based
entirely upon the actual tonnage moved irrespective of the weight of the cars them-
selves.
The only changes made in the funded debt of the company during the year apart
from the issue of scrip and income mortgage bonds have been the extension for five
years, or until 1882, of the $134,400 bonds which matured July 1, 1877, the cancella-
tion of $3,100 of debenture bonds received according to the conditions thereof, for
freight, and the cancellation of $1,000 of the consolidated mortgage loan for the sink-
ing fund.
The Catawissa R. R. shows an increase of $12,804.64 over 1876, and the express
profits amounted to $55,181.13.
The total tonnage of the estates of the Coal and Iron Company for the year was
5,183,637-^- tons, of which there were mined by the company 3,794,528|§ tons, and
by tenants, l,389,108-/<j tons. The income account shows the result of the business
of the year as follows :
Gross expenses $10,584,847 34
Less gross receipts 10,007,031 94
$577,815 40
This loss of $577,815.40 is further increased to $755,478.37 by the following
items, principally of depreciation of stock and materials and equipment as per inven-
tory of November 30, 1877.
Loss as per statement of general income $577,815 40
Add for depreciation in value of —
Stock of coal on hand $239,173 09
Stock at furnaces 4,990 46
Portsmouth property 10,120 27
360
KAILEOAD MANUAL OF THE UNITED STATES.
Colliery equipments $49,363 61
Iron-ore equipments 2,237 77
Pottsville corral 1,234 20
52,835 58
$307,119 40
Deduct for increased values, as per inventory Nov. 30, 1877 : 173,898 42
Add for bad debts of current year
Leases to Crocker Bros., for storing iron
From which deduct :
Profit of rolling mill $3,154 89
Received in 1877 for business of 1876. . , 1,958 13
47,406 93
2,148 08
$760,591 39
$5,113 02
Total loss for the year, including depreciation $755,478 37
The interest account of the Coal and Iron Company for the year was $1,020,-
378.26, including therein the amount paid in the scrip of the railroad company.
The coal freights paid by the Coal and Iron Co. to the R. R. Co. amounted to
over $5,000,000 in cash. The price of coal on board vessel at Philadelphia, averaged
$2.40r0 per ton for the year, being less by 80 cents per ton than the lowest yearly
average of lump coal at the lowest price previously known. The lowest average of
white ash lump coal on board vessels at Philadelphia in any year since 1834 was $3.20
in 1844, and the highest, $8.39, in 1864.
The actual cost of mining, preparing, and delivering coal into the railroad cars
for the year was $1.03j90- per ton ; but as this sum includes the cost of all new work
and improvements done and erected in the year, all of wnich have been charged to
working expenses, the actual cost of mining was less than $1 per ton.
The following table shows the average price of white ash lump coal on board
vessels at Philadelphia, for a period of forty-two years :
Year.
1834
Prices.
$4 84
Year.
1845
Prices.
,..$3 46
Year.
1856
Prices.
..$4 11
Year.
1867
Prices.
$4 37
1835 . .
4 84
1846
3 90
1857
3 87
1868
3 86
1836
. 6 64
1847
3 80
1858
3 43
1869
5 31
1837
6 72
1848 . .
3 50
1859
3 25
1870
4 39
1838
5 27
1849
3 62
1860
3 40
1871
4 46
1839
5 00
1850
3 64
1861..
3 39
1872
3 74
1840
4 91
1851 . .
3 34
1862
4 14
1873....
4 27
1841
.... 5 79
1852
3 46
1863
6 06
1874
4 55
1842
4 18
1853 .. .
3 70
1864
8 39
1875
4 39
1843
3 27
1854
5 19
1865
7 80
1844...
.. 3 20
1855...
.. 4 49
1866...
. 5 80
In 1871 the Philadelphia and Reading Coal and Iron Co. was organized, of which
the R. R. Co. was the sole stockholder, for the purpose of purchasing coal lands along
its lines so as to control the production of coal. A loan of $25,000,000 was authorized,
secured by mortgage, dated June 1, 1871, of which $6,000,000 were to be used to
retire the outstanding mortgage bonds, and the remainder to be issued for purchase
of coal lands. During that year $11,962,000 were so issued. In 1872, nearly the entire
RAILROAD MANUAL OF THE UNITED STATES.
361
balance was issued, in addition to $11,131,000 of the Coal and Iron Co.'s bonds, guar-
anteed by the R. R. Co.; and a new mortgage loan of $10,500,000 was authorized by
theR. R. Co., of which $2,305,630 was received in that year, The investment of the
R. R. Co. and the Coal and Iron Co. amounted at the close of the year to $18,825,964.98,
besides the guarantee above named. The coal mined was 3,030,881 tons, and the rent
received $946,774.69. The interest charge was $1,274,700, of which $480,000 was in
gold. In 1873, a new mortgage of $10,000,000 was created, and at the close of the
year the investment in the C. and I. Co. reached $26,366,116.04, and the guarantee
$13,413,500. The coal mined amounted to 3,218,376 tons, yielding a rental of $1,117,-
262.24. Interest charge, $1 ,509,454, of which $480,000 was in gold. In 1874 a general
mortgage of $60,000,000 was authorized, of which $35,000,000 were retained to cover
other issues, and $10,000,000 issued. The Coal and Iron Co. executed a mortgage of
$30,000,000 to the R. R. Co. The coal product was 3,006,774 tons ; rental not stated.
In 1875, the coal product of the Coal and Iron Co. was 3,032,191 tons. An issue of
$10,000,000 of the $60,000,000 loan of 1874 was made. In 1876, the total product
was 3,071,897 tons, and the rental $825,910.52. The cost of mining coal per ton has
been gradually reduced from $2.51 in 1873, to $2.44-^- in 1874, $1.86fo in 1875, $1.35/0
in 1876, and $1.03-,% in 1877.
Income Account P. and R. Coal and Iron Co., year ending November 30, 1877.
Receipts.
Coal Rents (1,095,833 tons?) $332,628 77
Land and House Rents 98,17508
Coal Sales (3,800,658 tons) 9,507,488 29
Iron Ore 66,907 13
Sundry Receipts 1,83267
$10,007,031 94
Expenses.
Land Department $200,421 61
Mining, Rentals, etc. (3,794,529 tons) ... 4,365,882 94
Coal Sales, Tolls, etc 5,620,154 58
Iron Ore 60,54705
State Tax on Coal 141,891 83
Sundry Expenses 195,949 33
$10,584,847 34
Balance, loss from operations, $577,815.40.
The estate owned and controlled by the company consists of 156,238 acres, on
which are 101 coal mines, of which 58 are owned by the company, and 43 are leased
to others. To operate these mines there are 152 hoisting engines, 96 pumping engines,
77 ventilating fans and engines, 76 breaker engines, 25 dirt-plane engines, 4,514 mine
cars, 10 locomotives, 1,079 animals, and 200 miles of mine railroad. There are also
in the iron-ore mines 10 hoisting and pumping engines, 82 cars, 10 animals, and 5 miles
of tracks.
Statement of tons of coal mined on lands of P. and R. C. and I. Co. for 5 years :
1873.
1874.
1875.
11 months.
1876.
1877.
By Company
1 348 838
1,373,790
1,510,572
1,853,364
3,794,529
By Lessors . .
2 055 565
1 802 370
1 594,740
1,218,533
1,389,108
Total
3 404 403
3 177 161
3,105,313
3,071,897
5,183,637
362
MANUAL OF THE UNITED STATES.
General Balance, P. and R. G. and I. Co., November 30, 1877.
Coal Lands $40,948,445 55
Improvements and Equipments 7,012,827 58
Timber and other Lands 2,588,926 12
Other Improvements 3,200,188 51
Stocks and Bonds 4,824,663 11
Supplies, Materials, etc 3,920,908 31
Coupons Funded . ." ,
. .' 403,830 00
Interest, Profit and Loss, etc 3,253,790 95
$66,153,580 13
Capital Stock $8,000,000 00
Purchase Mortgage Bonds,' etc 12,973,500 00
Debentures, 1872-'92 1,731,000 00
Real Estate Mortgages 748,212 51
Bonds held by R. R. Co. .
. . . 39,737,91,5 53
Locustd ale Coal Co. Mortgage Bonds. 156,000 00
Sundry Liabilities 2,806,902 09
5,153,580 13
Of the purchase-money mortgage bonds outstanding, $10,335,000 were issued in
1872, $998,500 in 1873, and $1,640,000 in 1874, and are due in 1884, 1892, 1893, 1894,
and 1902.
In addition to the other operations above stated, the P. and R. R. R. Co. operate
an iron and a brass foundry, and a steam tilt-hammer shop.
The receipts and expenses of these shops for the year 1876-77 were as follows :
Lbs. Cast-
ings, etc.
Value.
Cost of
Materials.
Cost of
Labor.
Net
Profit.
Iron Foundry
18,636 692
$419325 57
$236 964 37
$45 893 95
$136 467 25
Brass "
330,277
64,180 72
42,160 46
3,722 28
18,297 98
Hammer Shop
1,740,162
62,496 50
37,412 35
16,021 48
9,062 67
Statement of rental, capital stock, bonds, debt, and cost of leased lines for 1877 :
Name of R. R.
Annual
Rent.
Capital
Stock.
Bonds.
Debt.
Cost of
Construction,
etc.
Allentown
$568 884 47
$724 919 02
$1 084 002 19
Catawissa .... . . '.
$360,895
4 359 500 00
$1 740 350
6 126 500 00
Chest'r Val, p.c. of Rec'pts for 1877
Chestnut Hill
15,777
17,781
871,900 00
120 650 00
500,000
500,000 00
1,371.900 00
120,650 00
Co'ebrookedale, p. c. of Rec'pts for
1877
7,568
47 215 00
600 000
252 260 55
667 471 27
East Mahanoy
25.553
392.550 00
392,550 00
East Pennsylvania
148,018
1,709,550 00
495 900
1 884,683 79
Little Schuylkill
187,727
2,646,100 00
723 500
1,416.187 80
Mill Creek and Mine Hill
35,910
323.375 00
323,375 00
Mine Hill and Schuylkill Haven. .
321,800
4,022,500 00
4,022,500 00
Mount Carbon and Port Carbon. .
36.250
282,-350 (10
282,815 45
Perkiomen, p. c. of Rec'pts for 1877
Phila., 'ierm., and Norristown. . .
67,134
301,890
38,040 00
2,246,900 00
1,924,600
762,623 48
2,056.191 63
1,514,526 52
Pickering Valley, percentage of
Receipts for 1877
4,152
95 592 17
332 300
266 225 37
476 292 63
Plymouth, included in P. G. & N.
12,050 00
274,495 19
274,495 19
Reading and Lehigh, Receipts
over Expenses for 1877
200,000 00
1 500 000
254 112 91
1,739,257 19
Schuylkill Valley
32,042
576,050 00
576,840 94
Total
$18,611,009 47
$7,846 650
$2 823 802 94
$24,328,203 85
Managers (elected January 14, 1878). — H. Pratt McKean, Adolph E. Borie, J. B.
Lippincott, John Ashhurst, Henry Lewis, and I. V. Williamson, /all of Philadelphia,
Pa.
FRANKLIN B. GOWEN, President Philadelphia, Pa.
KAILKOAD MANUAL OF THE UNITED STATES.
363
Treasurer— Samuel Bradford Philadelphia, Pa.
Assist. Treas. — W- A. Church...
Secretary — David J. Brown
Gen. Man.—Jno. E. Wootten
Comptroller— 3 '. B. White
Assist. Comptroller— D. Jones...
Iftt Auditor— J. H. Heebner
2d Auditor— K. W. Hancock
Chief Engineer— Wm. Lorenz
Gen. Tkt. Agent. — C. G. Hancock,
Gen. Fgt. Agent— J. Lowrie Bell . .
Eng. of Machinery— L. B. Paxon Reading, Pa
Supt. Transportation — Geo. Eltz "
Purchasing Agent— W. S. Wilson, Philadelphia,
Gen. Express Agent — J. W. Royer,
Supt. Steam Colliers— J. L. Howard, "
Chief Eng. Canals— Ed. F. Smith, Reading,
Secy. C. '& L Co.— Albert Foster, Philadelphia, Pa
Trens. " " — Henry McKay,
Chief Eng. C. & T.Co — H. Pleasants, Pottsville,
Gen. Coal Agent — Thos M. Richards, Philadel.,
Supt. Rolling Mill—W. E. C. Coxe, Reading,
PRINCIPAL OFFICE AND ADDRESS.. No. 227 S. Fourth Street, Philadelphia, Pa.
ALLENTOWN EAILKOAD.
This company was chartered April 19, 1853; but the only portion completed is
from Toptown, on the East Pa. R. R., to Kutztown, 4.5 miles, with 0.3 sidings. It
was leased to the P. and R. R. R. Co., January 10, 1870, for 30 per cent, of gross re-
ceipts, and all its operations are included above.
General Balance, November 30, 1877.
Construction $1,060,492 7(
Real Estate
Cash and Assets . . ,
23,50043
, 5,45600
Profit and Loss. . . . ^ 217,090 67
Capital Stock $568,884 47
Current Accounts...
, 12,74537
FloatiugDebt 724,919 02
$1,306,548 86 $1,306,548 86
G. A. NICOLLS, President Reading, Pa.
Howard Hancock, Secretary, 227 South Fourth St., Philadelphia, Pa.
CATAWISSA EAILEOAD.
This company was chartered March 21, 1831, under the title of Little Schuylkill
and Susquehanna R. R., and the name changed to Catawissa, Williamsport and Erie
R. R,, March 20, 1849. Road opened to Williamsport, Pa., December 18, 1854. Re-
organized under present name in 1859. The road extends from Tarnanend, Pa., to
Williamsport, Pa., 92 6 miles, with 20 miles of sidings. It was leased to the P. and
R. R. R. Co. for 999 years from November 1, 1872, that company agreeing to pay the
interest on the funded debt, 30 per cent, on gross receipts, and $8,000 yearly for
expenses ; and it has since been operated as a branch of their own road. No separate
report of its operations is made.
Financial Statement, December 31, 1877. —Capital stock ($1,159,500 preferred,
$3,200,000 common), $4,359,500 ; funded debt, 1st mortgage bonds, due 1882, $230,-
500; ditto, due 1900, $1,300,000; chattel mortgage, due 1880, $24,500; ditto, due
18S8, $110,000; ditto, due 1889, $75,350— total, $1,740,350. Total stock and bonds,
$6,099,850. Cost of construction, $6,120,500.
M. P. HUTCHINSON, President and Treasurer Philadelphia, Pa.
364 RAILBOAD MANUAL OF THE UNITED STATES.
CHESTEE AND DELAWAEE BIVEK EAILEOAD
This company was chartered in 1873, and is an extension from Thurlow to Eddy-
stone, 4.1 miles, of the Philadelphia and Chester Branch, acquired by the P. and R.
R. R. Co., by purchase of the P., W. oid B. R. R. Co., making the total length of the
Branch 14 miles, with 9.9 miles of double track and 3.4 miles sidings. The organiza-
tion is merely formal, as the road is entirely owned and operated by the P. and R. R.
R. Co. The price paid for the Branch was $350,000.
Financial Statement, December 31, 1877. — Capital stock paid in, $4,000; floating
debt, $176,281.73— total, $180,281.73. Cost of construction, $163,126.72.
G. A. NICOLLS, President Reading, Pa.
Howard Hancock, Secretary Philadelphia, Pa.
CHESTER VALLEY RAILEOAD.
This company was chartered April 22, 1850, and the road opened September 12,
1853. It was leased to the P. and R. R. R. Co., January 1, 1859. It extends from
Bridgeport, Pa., to Downingtown, Pa., 21.5 miles, with 2.3 miles of sidings.
Operations. — Included in lessees' returns.
Financial Statement, November 30, 1877. — Capital stock, $871,900 ; funded debt,
1st mortgage 7 per cent, bonds, due May 1,1872, $500,000; overdue interest, $560,000
— total stock, bonds and debt, $1,931,900. Per contra: Cost of railroad and appur-
tenances, $1,371,900.
JOHN F. GILPIN, President Philadelphia, Pa.
CHESTNUT HILL EAILEOAD.
This company was chartered in 1832, and the road opened in October, 1834. It
extends from Germantown to Chestnut Hill, Pa., 4.13 miles, with 1 mile sidings. It
is practically an extension of the Germantown branch of the P., G. and N. R. R. It
was leased to the P. and R. R. R. Co. from December 1, 1870, for 999 years, at an
annual rental of 12 per cent, on 2,413 shares of $50 each.
Operations. — Included in lessees' returns. Lease rent, $14,478.
Financial Statement, December 31, 1877.— Capital stock, $120,650. Per contra:
Nominal cost of railroad and appurtenances, $120,650.
COFFIN COLKET, President Philadelphia, Pa.
COLEBEOOKDALE EAILEOAD.
This company was chartered March 23. 1865, to build a road from Pottstown to
Hosensack, Pa., 18.8 miles. It was completed in September, 1869, from Pottstown to
RAILROAD MANUAL OF THE UNITED STATES.
365
Mt. Pleasant, 12.8 miles, with 2.1 miles sidings, and was leased to the P. and R. R. R.
Co. from January 1, 1870, for 20 years, for 30 per cent, of gross earnings, and all its
operations are included above. The proportion of earnings due from operations of
road for year ending November 30, 1877, was $8,874.88. Payments— interest on
funded debt, $36,000 ; taxes, etc., $406.52.
General Balance, November 30, 1877.
Construction $620,412 38
Real Estate 47,058 89
Stocks and Bonds 13,300 00
Cash 2.4:38 49
Profit and Loss. . . .... 234,478 79
Capital Stock $47,215 00
Funded Debt 600,000 00
Sundry Accounts 18,213 00
Floating Debt 252,26068
$917,688 55 $917,688 85
JOSEPH L. BAILEY, President Pine Iron Works, Berks Co., Pa.
Howard Hancock, Secretary 227 South 4th St., Philadelphia, Pa.
EAST MAHANOY KAILEOAD.
This company was chartered April 21, 1854, and the road opened in 1860. It ex-
tends from East Mahanoy Junction to Waste House Run, 7.54 miles, with 3.16 miles
of branches to collieries and 3.8 miles of sidings. It was leased to the P. and R. R. R.
Co., July 7, 1868, for 99 years, for 6 per cent, on capital stock, and $2,000 per annum
for expenses.
Operations for year ending November 30, 1877. — Included in lessees' returns.
Received under lease, $25,553 ; other receipts, $30 — total, $25,583. Dividends for
year, $23,160.45; taxes, etc., $2,154.74.
General Balance, November 30, 1877.
Construction $391,950 00
Other Accounts 2,22839
$394,178 39
Capital Stock $392,550 00
Sundries 1,628 39
$394,178 39
G. A. NICOLLS, President Reading, Pa.
Howard Hancock, Secretary, ...227 South 4th St., Philadelphia, Pa.
EAST PENNSYLVANIA KAILKOAD.
This company was chartered April 21, 1857, and the road opened in 1859. It ex-
tends from Reading to Allentown, Pa., 36 miles, with 18.3 miles of double track and
16.6 miles of sidings. It was leased to the P. and R. R R. Co. for 999 years from
May 1, 1869. Lease rent: Payment of all expenses, 7 per cent, bonds, and 6 per
cent, dividends on stock.
Operations for year. — Included above.
Financial Statement, November 30, 1877. — Capital stock, $1,709,550; and
funded debt, 1st mortgage 7 per cent, bonds, interest payable March and September,
366 EAILROAD MANUAL OF THE UNITED STATES.
and principal March 1, 1888, $495,900— total stock and bonds, $2,205,450. Per contra:
Construction, $1,884,683.79.
G. A. NICOLLS, President Reading, Pa.
Howard Hancock, Secretary. .227 South 4tli St., Philadelphia, Pa.
LITTLE SCHUYLKILL KAILKOAD.
This company was chartered February 8, 1826, under the name of the Little
Schuylkill Navigation Railroad and Coal Co., and the railroad was completed to its
present terminus in 1854. It extends from Catawissa Junction to Port Clinton, Pa.,
28.1 miles, with 23.6 miles of sidings, etc. It was leased to the P. and R. R. R. Co.,
July 7, 1868, for 93 years, at an annual rental of 7 per cent, on stock and bonds.
Operations. — Included in lessees' returns. Receipts from rental and interest, $244,
120.10. Payments — Dividends, $190,819.94; interest, $50,855; miscellaneous, $3,389,23.
Financial Statement, November 30, 1877. — Capital stock, paid in, $2,646,100.
Funded debt, 1st mortgage 7 per cent, bonds, payable October 1, 1877, $723,500 —
total stock and bonds, $3,369,600. Per contra : Cost of road and equipment, $1,416,-
187.80. The company also own real estate valued at $10,000.
A. J. DERBYSHIRE, President Philadelphia, Pa.
MILL CEEEK AND MINE HILL BAILKOAD.
This company was chartered February 7, 1828, and the road opened in 1829. It
extends from Palo Alto to New Castle, Pa., 3.8 miles double track, with 16.2 miles
sidings. It was leased to the P. and R. R. R. Co., September 1, 1861, at an annual
rental of 10 per cent, on the capital stock.
Financial Statement, November 30, 1877.— Capital stock, 12,935 shares at $25
each, $323,375. Per contra: Nominal cost of road, $323,375.
JOHN TUCKER. . , .President.
MINE HILL AND SCHUYLKILL HAYEN KAILBOAD.
This company was chartered March 24, 1828, and the road was opened in 1831.
It extends from Schuylkill Haven to Locust Gap (with various branches), 53.7 miles,
with 21.8 miles double track, and 60.4 miles sidings. It was leased to the P. and R.
R. R. Co. for 999 years from May 12, 1864, at an annual rental of 8 per cent, on the
capital stock.
Operations. — Included in lessees' returns.
Financial Statement, November 30, 1877 — Capital stock, $4,022,500. Per con-
tra : Cost of railroad and appurtenances, $4,022,500. Real estate owned, $76,498.20.
SAMUEL MASON, President Philadelphia, Pa.
RAILROAD MANUAL OF THE UNITED STATES. 367
MOUNT CAEBON AND POET CARBON EAILEOAD.
This company was chartered July 16, 1842, and the road was opened in 1844. It
extends from Mount Carbon to Port Carbon, Pa., 2.5 miles of double track, with 13.2
miles of sidings and laterals. It was leased to the P. and R. R. Co., March 5, 1860,
at an annual rental of 12 per cent, on its capital stock.
Operations. — Included in lessees' returns.
Financial Statement, November 30, 1877.— Capital stock, 5,647 shares, $282,
350. Per contra : Cost of road and appurtenances, $282,815.45.
JOHN TUCKER, President Philadelphia, Pa.
PEEKIOMEN EAILEOAD.
This company was chartered March 23, 1865, and the road was completed October
11, 1875. It was built chiefly by the aid of the P. and R. R. R. Co., to which it was
leased for 19 years, from August 16, 1868, before completion, that company guarantee-
ing the interest on the bonds. It extends from Perkiomen Junction to Emaus, Pa.,
38.6 miles, with 6.6 miles of sidings.
Operations. — Included in lessees' returns. Proportion of earnings due company
under lease (30 per cent.). $67,134.21. Lessees paid — interest on bonds, $115,972;
other payments, $8,788.59.
General Balance, November 30, 1877.
Construction $1,985,725 93
Real Estate 70,465 70
Sundry Accounts .* 99,994 09
Profit and Loss 644,07776
$2,800,2*53 48
Capital Stock... $38,040 00
Funded Debt 1,924,60000
Sundry Accounts 762,62348
Sinking Fund Bonds 75,000 00
$2,800,263 48
The funded debt consists of 1st mortgage bonds, due April 1, 1887, $799,600 ;
6 per cent, consolidated mortgage bonds, due June 1, 1913, $1,125,000— total funded
debt, $1,924,600.
A. H. SEIPT, President Skippackville, Montgomery Co., Pa.
Howard Hancock, Secretary. .227 South 4th Street, Philadelphia, Pa.
PHILADELPHIA, GEEMANTOWN & NOEEISTOWN E. E.
This company was chartered February 17, 1831, and the road was opened August
15, 1835. It extends from Philadelphia to Norristown (with a branch to Qermantowu),
33.7 miles, and 20.2 miles double track, and 19.8 miles sidings. It was leased to the
P. and R. R. R. Co. for 999 years from December 1, 1870, and all its operations are
included in that company's reports. The rental is 12 per cent, on the capital stock,
making the dividends $268,785.
368 RAILROAD MANUAL OF THE UNITED STATES.
Financial Statement, November 30, 1877. — Capital stock (including loan con-
verted and stock issued under Act approved March 29, 1870), $2,246,900. Per contra :
Cost of road, $1,146,538.43; and of rolling stock, $367,988.09— total cost, $1,514,-
526.52. Value of real estate, $500,793.49.
COFFIN COLKET, President Philadelphia, Pa.
PICKEEING YALLEY EAILEOAD.
This company was chartered April 3, 1869, and was leased from its completion,
September 1, 1871, to the P. and R. R. R. Co., for 29 years, that company guaran-
teeing the interest on its bonds and subscribing for 1,200 shares of stock. It extends
from Phoenix ville to Byer's Station, Pa., 11.3 miles, with 0.6 mile sidings.
Operations. — Included in lessees' returns. Proportion of earnings due company
(30 per cent.), $4,151.97. Rental, etc., year ending November 30, 1877 — interest on
funded debt, $23,261; taxes, etc., $2,476.69.
General Balance, November 30, 1877.
Construction ". .$458,107 72
Real Estate 18,184 09
Current Account?, etc 4,051 39
Profit and Loss 213,773 52
,117 54
Capital Stock $95,592 17
Funded Debt 332,300 00
Floating Debt 261,778 03
Sundry Accounts 4,447 34
$694,117 54
Funded debt consists of 1st mtge. 7 per cent, guaranteed bonds, due April 1, 1900.
FRANKLIN B. GOWEN, President Philadelphia, Pa.
Howard Hancock, Secretary. .227 South 4th Street, " "
PLYMOUTH EAILEOAD.
This "company was chartered about 1865, and the road built as a branch of the
Philadelphia, Germantown and Norristown R. R., and transferred by lease to the P.
and R. R. R. Co. at the same time with the lease of that company, December 1, 1870,
for 999 years. It extends from Conshohocken to Oreland, Pa., 9.25 miles, with 2.37
miles sidings, and is included in the statement of the P., G. and N. R. R. above.
Financial Statement, November 30, 1877. — Capital stock, $30,000 ; paid in,
$12,500; floating debt, $274,495.19— total stock and debt, $286,995.19. Per contra:
Cost of road and appurtenances, $274,495.19.
COFFIN COLKET, President Philadelphia, Pa.
EEADING AND COLUMBIA EAILEOAD.
This company was chartered May 19, 1857, and the road opened April 1, 1864.
It extends from Sinking Spring, Pa., to Columbia, Pa., 39.5 miles, with 9.8 miles of
RAILROAD MANUAL OP THE UNITED STATES.
369
sidings, and with 18.7 miles of branches : Lancaster Junction to Lancaster, 8 miles ;
Labanon Br., 8.2 miles ; and Mt. Hope Br., 2.5 miles. It also operates under lease the
Quarryville Br. of the Lancaster and Reading Narrow Gauge R. R., 15.3 miles, for 30
per cent, of the gross receipts. The R. and C. R. R. is controlled by the P. and R.
R. R. Co., but all its operations and accounts are separately kept.
Rolling Stock. — Locomotive engines, 10. Cars— passenger, 7 ; baggage, mail,
etc., 1 ; freight (box, 8 ; stock, 6 , gondola, 17), 31 — total revenue cars, 39. Also, 10
service cars.
Operations for year ending November 30, 1877. — Trains run — passenger, 134,490;
freight, 137,495 — total, 270,985 miles. Passengers carried, 207,619 ; carried one mile,
2,921,101. Freight moved, 302,187 tons ; moved one mile, 9,116,974 tons.
Earnings.
From Passengers $76,750 08
" Freight 171,99993
Miscellaneous 6,324 32
$255,074 33
Expenditures.
For Maintenance of Way $38,404 94
" Rolling Stock 16,13017
" Transportation, etc 107,252 16
$161,787 27
Balance, net earnings, $93,287.06. Payments — rental, $24,500 ; interest on funded
debt, $70,430 ; excess of payments, $1,642.94.
General Balance, November 30, 1877.
Construction $2,027,216 86
Equipment 245,08346
Real Estate 75,59607
Materials, etc 31,641 07
Profit and Loss 612,339 57
$2,991,877 03
Statement of funded debt in detail :
Capital Stock $508,373 09
FundedDebt 2,004,166 67
FloatingDebt 439.4U9 90
Sundry Accounts 38,54538
Balance Liabilities . . 1,381 99
$2,991,877 03
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal
Due.
Amount
Authorized.
Amount
Outstanding.
1st Mortgage
March 1, 1862.
7 p. c.
March & Sept.
March 1, 1882.
$650,000
$650,000 00
2d Mortgage
June 1, 1884.
7 p. c.
June & Dec.
June 1, 1884
350,000
350,000 00
Debentures
Nov. 30, 1877.
6 p. c.
tt it
Dec. 1, 1917.
1,000,000
1,000,000 00
The Lancaster and Reading Narrow Gauge R. R. Co. has a funded debt of $350,-
000, for which this company is responsible under the lease. It consists of 1st mort-
gage 7 per cent, bonds, dated July 1, 1873, and payable July 1, 1893.
G. A. NICOLLS, President .Reading, Pa.
Treasurer— John Welch Philadelphia, Pa. Superintendent— B. Van Lew Columbia, Pa,
Secretary — Howard Hancock.
Gen. Tkt. Agent— C. G. Hancock Phila., Pa.
PRINCIPAL OFFICE AND ADDRESS. . .257 South 4th Street, Philadelphia, Pa.
BEADING AND LEHIGH EAILKOAD.
This company was originally chartered under the name of the Berks County R.
R. Co., about 1870, and construction commenced in 1872, and the road was completed
24
370 RAILROAD MANUAL OF THE UNITED STATES.
in July, 1874. It extends from Reading to Slatington, Pa., 41.2 miles, with 3 miles
sidings. December 5, 1874, it was sold at sheriff's sale and reorganized under the pres-
ent title, and leased for 99 years from March 1, 1875, to the P. & R. R. R. Co., that com-
pany agreeing to pay on the 1st days of March arid September, each year, the entire
net profit from the operations of the road.
Operations. — Included in lessees' report.
Financial Statement, November 30, 1877. — Capital stock authorized, $200,000 ;
funded debt, 1st mortgage (Berks Co. R. R. Co.) 7 per cent, bonds, due November 1,
1902, $1,500,000; floating debt, $254,112.91— total stock, bonds and debt, $1,954,-
112.91. Cost of railroad, $1,704,522.44 ; equipment, $34,734.75— total cost, $1,739,-
257.19. Value of real estate owned, $27,887.40. The above shows the condition of
the company at date of sale and reorganization. The P. and R. R. R. Co. paid $40,-
791.91 for equipment, etc., at time of lease.
Directors and Officers, under lease, same as Phila. and Reading R. R.
SCHUYLKILL VALLEY KAILKOAD.
This company was chartered April 14, 1828, under the title of the Schuylkill
Valley Navigation and R. R. Co. The R. R. was completed in 1830, and extends
from Port Carbon to Reevesdale, Pa., 11 miles, of which 5.3 miles are double track,
with 13.8 miles of sidings and laterals. It was leased to the P. and R. R. Co. from
September 1, 1861, at an annual rental of 5 per cent, on the capital stock.
Operations. — Included in lessees' returns.
Financial Statement, November 30, 1877. — Capital stock, $576,050. Per contra :
Cost of R. R., $576,840.94.
JOHN TUCKER, President Philadelphia, Pa.
PHILADELPHIA, WILMINGTON AND BALTIMOEE K. R.
Line of Road. — Philadelphia, Pa., to Baltimore, Md. (double track). . .96.32 miles.
Southern Division, Delaware Junction to Rodney, Del 11.40 "
j Perry ville,Md., to Port Deposit, Md 3.76 "
Branches : -j gwangon gtreetf Philadelphia 0.47 "
Total length of line owned 111.95 miles.
Leased Line : Delaware R. R. and Branches , , 100.50 "
Total length of line owned and leased 212.45 miles.
Deduct Dorchester Br. of Del. R. R., sublet to Dor. and Del. R. R 5.67 "
Total length of line operated by P. W. and B. R. R. Co 206.78 miles.
Sidings, 55.82 miles. Gauge, 4 feet 8£ inches. Rail, 58 and 60 Ibs. Steel rails —
main line, 174.88 miles ; Southern Division, 6.39 miles. Steel-head rails, 8.20 miles.
This company was formed February 5, 1838, by the consolidation of the Phila-
delphia and Delaware Counties R. R. Co., chartered in Pennsylvania April 2, 1831 ;
the Wilmington arid Susquehanna R. R. Co., chartered in Delaware, January 18, 1832 ;
RAILROAD MANUAL OF THE UNITED STATES.
371
the Maryland and Delaware R. R. Co., chartered in Maryland in 1831 ; and the Balti-
more and Port Deposit R. R. Co., chartered in Maryland, December, 1831. The Phila-
delphia and Delaware Counties R. R. was completed in 1837, and the entire line
between Philadelphia and Baltimore was opened in 1838. In 1840, the P. W. andB.
R. R. Co. purchased the New Castle and Frenchtown R. R., 7.29 miles, chartered in
1829, and opened 1832. In 1852, the company took a lease of the New Castle and Wil-
mington R. R.. 4.32 miles, and subsequently purchased it. These two roads connect
the P., W. and B. and the Delaware R. Rs., and are operated as the Southern Division.
In 1856, the P. W., and B. R. R. Co. took a lease of the Delaware R. R. and has since
operated it. In 1877 the N. C. & F., N. C. & W., and South wark R. R. Cos. were,
under statutes of Delaware and of Pennsylvania, merged in the P., W. & B. R. R.
Co., and their mileage and accounts are included in those of that company.
Rolling' Stock. — Locomotive engines, 78. Cars — passenger, 141 ; baggage, mail
and express, 41 ; and freight (box, 672 ; platform, 308 ; stock, 76 ; coal and lumber,
111 ; lime, 50), 1,217 ; also 4 milk and 1 pay cars— total revenue cars, 1,404; service
cars, 14.
Abstract of rolling stock for ten years (October 31) :
1868.
1869.
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Engines
57
59
58
61
64
70
72
72
78
78
Passenger Cars
91
88
100
95
103
115
114
115
150
141
Baggage, etc., Cars
38
41
42
45
46
41
42
40
41
41
Freight Cars, Box and Stock
588
598
604
683
728
698
690
784
756
748
" " Other
452
445
390
475
569
546
574
558
503
474
Operations for year ending October 31, 1877. — Trains run (including Port Deposit
Br.)— passenger, 899,899 ; freight, 648,430 ; and other, 36,495— total, 1,584,824 miles..
Passengers carried, 2,115,967 ; carried one mile, 59,160,438. Freight moved, 760,407
tons ; moved one mile, 42,089,750 tons.
Earnings.
(Main Line.)
Expenditures.
From Passengers $1,644,790 99
Freight 955,06804
Express 77,304 11
Mail 46,048 53
Miscellaneous 29,05431
Rents... 8,78949
For Maintenance of Way $257,550 38
" Rolling Stock 188,20805
" Fuel 122,25690
" Salaries 63,95545
" Transportation 865,09404
Miscellaneous... 57,74076
$2,761,055 47
Balance — net earnings main line (43.7 per cent.), $1,206,249.89.
$1,554,805 58.
Earnings.
(Southern Division.)
Expenditures.
From Passengers $53,992 00
" Freight, etc 101,20253
$155,194 53
Operating Expenses $108,636 17
Net Earnings 46,558 36
$155,194 53
Total receipts from operations : main line, Port Deposit Branch, and Southern
Division, $2,916,250. Receipts as lessee of Delaware R. R., $2,211.38. Gross re-
372
EAILKOAD MANUAL OF THE UNITED STATES.
ceipts from all sources, $2,918,461.38. Total operating expenses, $1,663,441.75. Net
earnings, $1,255,019.63. Disposition of net earnings shown in
Net Income Account, Year ending October 31, 1877.
Receipts.
On hand, October 31, 1876 $545382 50
Net Revenue, Main Line 1,206,249 89
" Southern Division 46,558 36
From Delaware R. R 2,21138
$1,800,402 13
Payments.
Taxes $91,59275
Interest, less Interest received 89,605 64
Dividends (8 per cent.) 924,900 00
Renewal Fund 50,00000
$1,156,098 39
Balance, surplus, $644,303.74 ; carried to credit of revenue account, October 31,
1877. The dividends were paid in January and July.
The total amount of interest, ground rents, etc., paid and accrued was $211,-
918.80. Dividends and interest received and accrued, $122,313.16.
Abstract of operations for ten years (October 31)
I. TRAIN OPERATIONS.
Years.
Passenger
Train
Miles.
Freight
Tram
Miles.
Total Train
Miles.
Passengers.
Carried
One Mile.
Freight
Tons.
Moved
One Mile.
fe-S
^ S .
!«*J
rj«rs
fc«
*l
F.i
dtfg
fc«
1868.
J869.
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1B77.
507,762
544,369
563,556
578,818
612,425
73H,499
754,093
797,406
1,003,864
899,899
357,750
394,932
412,823
466,217
512,761
640,706
593,234
623,875
647,739
648,430
897,220
963,462
995.234
1,065,517
1,2(13,602
1,437,207
1,370,913
1,473,716
1,694,829
1,584,824
1,108.372
1.312,991
1,472,846
1,608,033
1,747,195
2,331,722
2,181,764
2,152,901
2,818.560
2,115,967
48,270.943
54,994,463
56,519,650
57,217,989
61,507,181
64,350,348
67,677,274
65,634.440
104,810,766
59,160,438
281,418
320,198
331,493
348,210
449,780
500,023
319,748
333,309
739 108
760,407
17,338,181
17,628,637
24.171,898
30,207,118
35,845,736
41.972,699
39,371, (188
34,260,688
38,094,439
4^,089,750
24,213
42,226
45,210
52,634
45,812
48,518
45,999
23,228
23,299
26,311
25,937
28,511
31,054
27,769
n. EARNINGS.
Years.
Passenger.
Freight.
Other.
Total.
Southern
Division.
Aggregate.
1868
$1,437,460
$838.541
$117,897
$2,393,898
$58,061
$2,451,959
1869
1,508,612
915,113
141,577
2,565,302
77,837
2,643,139
1870
1,530,241
878,4«4
168,412
2,577,147
68,152
2,645.299
1871
1,532,820
1,044,761
101,284
2,678,865
83,676
2,762,541
1872
1,608,215
1,088,676
117,383
2.814,274
85,635
2,899,909
1873
1,728,958
1,225.801
120,124
3,074,883
84,'238
3,159,121
1874
1,747,053
1,011,109
117,987
2,876,148
70,094
2.946.243
1875
1,690.722
1,051,693
107,139
2.849,554
196,618
3,046,171
1876
2,294,622
915,499
96,317
3,305,438
150,698
3,456,136
1877
1,644,791
955,068
161,196
2,761,055
155,195
2,916,250
RAILROAD MANUAL OF THE UNITED STATES.
373
III. EXPENDITURES.
Years.
Operating
Expenses.
State and
Local
Taxes.
Net
Earnings.
Interest.
Dividends.
Southern
Division.
Surplus.
Approp'n
to
Renewal
Fund.
1868
81,418.365
$69,641 15
$1,033,594
$138,226
$763,878
$38,311
$12,537
1869
1,621,498
67.710 29
1,021,641
112,774
776,152
33,193
29,555
1870
1,566,955
80,903 98
1,078,344
148,746
794,241
39,426
4,027
1871
1,625,566
67,033 66
1,075,056
84,801
841,588
61.920
70,634
1872
1 549 427
76,232 70
1,045,925
94,445
930218
64,180
13 951
$150000
1873
1,899,478
80,140 90
1,002,954
120,051
920.380
62,651
7,574
75000
1874
1,645,986
84,287 40
1,043.831
126,810
921,220
46,932
22,611
100000
1875
1,585,854
82,381 63
1,246,255
141,490
922,420
137,632
7,345
175000
1876
1 651 603
77,790 77
1,653,835
15.234
924900
105 489
6774
250000
1877
1,554,806
91,592 75
1,206,250
89,606
924,900
108,636
148921
50000
During the year real estate to the amount of $183,800 was purchased in Balti-
more, having a water frontage. The company also acquired the land formerly held
by the National Stock Yard Co. They also bought 6,590 shares of the Queen Ann
and Kent Co. R. R., paying for the same $60,000 in ten year 6 per cent, notes.
The Delaware R. R. has been operated under the renewed lease at an annual
rental of 6 per cent, on the stock and debt of that company — the P., W. and B. R. R.
Co. operating the road — 70 per cent, of gross receipts of the D. R. R. being allowed
for operating expenses, and if the net earnings do not meet the rent, the deficiency is
a charge to be met by future net earnings.
The renewal fund was commenced in 1872, for the purpose of meeting extraor-
dinary expenses of the company. There was spent from it during the year 1877, for
taxes in Maryland, accrued prior to 1876, $14,960.75 ; changing track in Baltimore,
$11,090.19 ; Royal Land Co. casualty, $3,086.66 ; and $6,000 charged against it for
one-half subscription to International Exhibition. Its use, for a series of years, is
shown as follows :
Years.
Accumula-
tion and
Additions.
Susquehanna
Bridge.
Other
Bridges.
Damages,
etc.
Miscella-
neous.
Balance.
1874...
$325,000
$112,500 00
$11 564 92
$34,244 35
$5,612 80
$161,077 93
1875
175,000
93,717 48
49355 03
15,289 20
177,716 22
1876
250,000
121 915 45
7909 62
1,434 59
296,456 56
1877
50,000
121,744 07
3,036 66
32,050 94
147,912 48
The iron bridge over the Susquehanna bridge has been completed, with the
exception of two of the thirteen spans, one of which will be built the current year,
and the remaining one — the draw — in 1879. A new pier was built in 1877 in place
of one which showed some signs of weakness.
The difference between the cost of iron and steel rails, aggregating since 1864
$618,949.21, have been charged to operating expenses.
374: KALLROAD MANUAL OF THE UNITED STATES.
The fruit traffic for a series of years Las been as follows :
Season.
Peaches,
Car Loads.
Berries.
Car Loads.
Tons.
Revenue
P. W. & B.
R. R.
Revenue
Southern
Div.
Revenue
Delaware
R. R.
Total
Revenue.
1S69...
4,019
182
34,220
107,670
41,473
81 727
230 870
1870
2,707
282
32,783
60,086
29,079
70 228
159 363
1871
5.004
313
39,565
116.000
50274
120 430
286 704
1872
4,091
565
38,466
85,858
39074
71 283
196 216
1873..,
2,853
688
32.560
72,171
26,369
116 891
218 430
1874
1,266
714
18,102
44,206
16,292
49 167
109 655
1875
9,072
905
92,068
130,444
63,876
122 208
316 528
1876 .,
2,117
882
24,455
49,931
23258
52801
125 989
1877
4,002
638
37,109
72,640
34575
94 429
201 644
General Balance, October 31, 1877.
Construction and Equipment $13,025,161 71 ' Capital Stock $11,564,250 00
Stock of Junction R. R
86,561 68
60,000 00
488,651 62
263 00
368,475 05
224,332 28
1,067,360 57
75,737 80
146,979 49
Bonded Debt
2 500 000 09
" " Queen Anne and Kent R. R.
" " Delaware R. R
Convertible Loan
262,000 00
Ground Rents
76 666 66
" " Eastern Shore R. R
Mortgages, Notes, etc
218 250 00
Real Estate
Dividends Interest etc
86 535 66
Materials and Fuel
Delaware R. R Lease
43 (J04 66
Stocks, Securities, etc
Renewal Fund
147 912 48
Cash
644 303 74
Advances
$15,543,523 20
$15,543,523 20
From tlie balance of revenue account on hand is to be taken the dividend payable
January 2, 1878.
Abstract of general account for seven years, October 31 :
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Capital Stock ........
$
10,997,900
$
11,485,750
$
11.507,750
$
11,524.250
$
11,536,250
$
11,561,250
$
11,564,250
Funded Debt
1,745,000
1,990500
2,218,500
2,202,000
2,790,000
2,766,000
2,762,000
Ground Rents ...
Dividends, Int'st, etc.
Mortgages, Notes, etc.
10,0(10
81,112
10.000
106.914
10.000
97,583
10,000
98,709
10,000
78,240
10,000
74,404
76,667
60,448
218,250
Sundry Accounts . .
195,876
338,418
181,538
58,363
69,692
Renewal Fund
150,000
225,000
161,078
177,716
296,457
147,912
Balance to Credit —
494,889
510,478
518,052
540,663
538,608
545,382
644,304
Construction, etc.
Canton Improvement.
13,524,777
11,001,030
14,592,060
11,890,737
57,622
14,758,423
11,814,766
68,251
14,536,700
11,939,346
15,130,814
12,236,875
15,311,856
12,476,447
15,543,523
13,025,162
N C and F. R. R
150,000
150,000
150,000
150,000
150,000
150,000
N C and W R R
149 750
150000
Delaware R. R. Stock
443,252
488,652
Other Stocks, etc
Real Estate
1,384,147
169,709
1.416,572
169,848
1,452,958
241,579
1,458,413
260,875
1,466,142
263261
1,093,276
263261
1,125,977
368,475
167,969
ias,a52
214,871
329,810
256,633
2(>4,009
224,332
Advances
205,407
211.717
190,501
180,472
180,089
179,042
149,979
Sundry Accounts....
Cash
3-22,768
123,747
336,317
175,395
466,822
158,675
97,H91
120,093
231,382
196.682
197,551
94,754
88,208
75,738
13,524,777
14,592,060
14,758,423
14,536,700
15,130,814
15,311,856
15,543,523
EAILKOAD MANUAL OF THE UNITED STATES.
Statement of funded debt in detail, October 31, 1877 :
375
Character of Bonds.
Date of
Bonds.
Rate.
Interest Pay-
able.
Principal,
When Due.
Amount
Authorized.
Amount
Out-
standing.
Convertible Mortgage Loans...
Registered Bonds
1858
1867
6
6
Jan. and July.
it It 44
July, 1884.
" 1887.
$2,600,000
1,000,000
$262,000
1,000,000
1872
6
44 44 (4
Oct., 1892.
700,000
700,000
14 11
1875
6
44 44 44
April, 1900.
800,000
800,000
Ten Year Notes
1877
6
Annually.
" 1887.
60,000
60,000
Abstract of funded debt outstanding at close of years :
Close of
Years.
Conv.
Loan, due
1884.
Bonds Due.
Close of
Years.
Conv.
Loan, due
1884.
Bonds Due.
1871.
1876.
1887.
1876.
1887.
1892.
1900.
1866-67.
1867-68.
1868-69.
1869-70.
1870-71.
$
411,000
385,000
353,000
349,500
345,700
$
600,000
600,000
600,000
600,000
$
400.000
400,000
400,000
400,000
400,000
$
415,000
945,000
985.000
1,000,000
1,000,000
1871-72.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
$
340,500
318,500
302,000
290,000
265,000
262,000
$
400,000
400,000
400,000
161,000
1,000
$
1,000,000
1,000,000
1,000,000
1,000,000
1,000.000
1,000,000
$
250,000
500,000
500,000
700,000
700,000
700,000
$
639,000
800,000
800,000
The ground rents consist of $66,666.66 in Baltimore, bearing 6 per cent, interest,
payable quarterly, and $10,000 in Philadelphia, 6 per cent, gold interest, semi-annu-
ally. Bills payable, $100,000, are for purchase of Baltimore property.
The accounts of the New Castle and Frenchtown and New Castle and Wilming-
ton R. R. Cos. have been merged in those of the P. W. and B. R. R. Co. during the
year.
Directors (elected January 7, 1878). — Isaac Hinckley and William Sellers, Phila-
delphia, Pa.; Samuel M. Felton, Thurlow, Pa.; Joseph Bringhurst, Samuel Harlan,
Jr., and Charles Warner, Wilmington, Del.; Thomas Kelso, Enoch Pratt, Thomas
Whitridge, and Samuel M. Shoemaker, Baltimore, Md.; Jacob Tome, Port Deposit,
Md. ; and Nathaniel Thayer, William Minot, R. H. Stevenson, and Charles P. Bow-
ditch, Boston, Mass.
ISAAC HINCKLEY, President Philadelphia, Pa.
Enoch Pratt, Vice- President Baltimore, Md.
Sec. and Treas. — Alfred Horner.. Philadelphia, Pa.
Afft. Treat. — Robert Craven " "
Gen. Supt.—H.. F. Kenney " "
Chief Engineer- S. T. Fuller " "
Gen.Frt. Agt.— J. S.Wilson.... " "
Master Trans.— Cb^s. K. Ide.... Philadelphia, Pa.
Gen. Tkt. Agt.—Geo. A. Dadmun.
Supt. Bridges— J. L. Smith Wilmington, Del.
Matter Mech.—S. A. Hodirman. ..
Tram Agt.— Kidder, Peabody & Co., Boston, Mass.
PRINCIPAL OFFICE AND ADDRESS. Broad St. and Washington Av., Phila., Pa.
PITTSBUKG AND CASTLE SHANNON E. E. (In Progress.)
Line of Road.— Pittsburg, Pa., to Finleyville, Pa 17 miles.
In operation : Pittsburg to Castle Shannon, Pa 9.12
Branches, 3.12 miles. Sidings, 0.87 mile. Gauge, 3 feet 4 inches. Rail, 45 and oOlbs.
376
EAILKOAD MANUAL OF THE UNITED STATES.
Rolling Stock. — Locomotive engines, 6 ; cars — passenger, 8 ; baggage, 1 ; truck,
2 ; coal, 416 — total revenue cars, 427.
Operations for year ending December 31, 1876. — Trains run — passenger, 33,720 ;
freight and coal, 28,400 — total, 62,120 miles. Passengers carried, 132,432 ; carried
one mile, 723,111.- Freight moved (including bituminous coal, 107,815), 108,085 tons.
Earnings,
From Passengers $23.131 35
" Miscellaneous Sources (Coal) 367,450 72
$390,582 07
Expenditures.
For Rolling Stock $7,63115
" Transportation 58,62672
$66,257 87
Balance — net earnings, $324,324.20. Payments — interest, $16,638.06 ; coal opera-
tions, $290,599.99; taxes, etc., $5,740,46— total, $312,978.51. Surplus, $11,345.69.
Expended on Construction, $11,975.64.
Abstract of operations and financial condition for four years :
Years.
Miles
R. R.
JC
0)
I
5
6
6
6
6
Train
Miles.
Passen-
gers.
Tons
Freight
Gross
Earnings.
Net
Earnings.
Capital
Stock.
Funded
Debt.
Con-
struction.
1873
6
6
6
6
328
424
424
427
49,920
54,184
48,000
62,120
29,497
67,703
107,694
210,468
126,539
139,843
105,190
108,085
$467,666 71
482,414 04
375,930 47
390,450 72
$113,480 68
71,601 44
47,009 37
33,724 21
$446,921
542,259
525,622
655,440
$336,900
291,156
237,178
210,352
$454.427
502.552
527,990
543,752
1874
1875
1876
The net earnings in the above table show income after deducting cost of coal
operations as well as working expenses of the railroad.
General Balance, December 31, 1877.
Construction and Equipment $543,751 90
Real Estate 272,178 81
Coal Owned 108,186 89
Cash and other Assets 192,073 01
$1,072,438 71
Capital Stock $655,439 77
Funded Debt 210,352 09
Floating Debt 43,807 51
Balance— Surplus 126,711 18
$1,072,438 71
The funded debt consists of 6 per cent. 1st mortgage bonds, one third maturing
annually from January 1, 1874.
It is proposed to issue $150,000 1st mortgage 7 per cent, gold bonds, convertible
into stock.
Later information refused.
MILTON D. HAYS, President Pittsburg, Pa.
Treasurer and Secretary — Josiah Reamer Pittsburg, Pa.
PRINCIPAL OFFICE AND ADDRESS Pittsburg, Pa.
PITTSBUKG, CASTLE SHANNON AND WASHINGTON BAIL-
EOAD. (In Progress.)
Line of Road. — Pittsburg, Pa., to Washington, Pa 30.0 miles.
In operation. — Castle Shannon, Pa., to Finleyville, Pa 12.3 "
EAILROAD MANUAL OF THE UNITED STATES. 377
This company was organized in 1876, and the portion now open completed in
1877. The line of the P. and C. S. R. R. is used from Castle Shannon to Pittsburg,
but it is proposed to build a separate line.
No report of operations or financial condition is furnished.
OFFICERS, ETC Not reported.
PITTSBUEG AND LAKE EEIE EAILKOAD. (In Progress.)
Line of Road. — Pittsburg, Pa., to Youngstown 68 miles.
Gauge, 3 feet.
This company was organized in 1877 to build a narrow guage road from Pitts-
burg to Youngstown, using the bed of the old Pennsylvania and Ohio Canal. It is
understood that progress has been made in construction, but no report is furnished.
Directors (elected January 14, 1878). — James I. Bennett, Jacob Painter, Joshua
Rhodes, J. M. Bailey, J. F. Dravo, David Hostetter, Wm. M. Lyons, Pittsburg ; John
Reeves, Beaver Falls, Pa. ; J. H. Devereux, John Newell, M. W. Watson, Cleveland,
O. ; Jacob Henrici, Harmony, Pa.
JAMES J. BENNETT, President Pittsburg, Pa.
PITTSBUEG, NEW CASTLE AND LAKE EEIE EAILEOAD.
(In Progress.)
Line of Road.— Pittsburg, Pa., to Youngstown, 0 75 miles.
Branch : Evansburgh, Pa., to Butler, Pa 12 "
Gauge, 3 feet. Rail. 40 Ibs.
This company was organized in 1877, as successor to the Pittsburg and North
western R. R., and the road is under construction. No statement of its financial con-
dition is furnished. It is intended to complete 42 miles during the current year.
Directors (elected September 24, 1877.)— H. R. Low, J. S. Negley, A. M. Mar-
shall, J. C. Lewis, G. A. Chalfant, W. Martin, Pittsburg, Pa. ; Griunell Burt, New
York ; D. E. Culver, Jersey City, N. J. ; J. D. Lytle, Harmony, Pa.
H. R. Low, President Pittsburg, Pa.
Viee-Pres .— G. A. Chalfant Pittsburg, Pa. I Sec'y.—W. Martin Pittsburg, Pa.
Treasurer— W. N. Riddle " » | Chief Eng.—G,. W. Rushing,
PRINCIPAL OFFICE AND ADDRESS.. . .147 Smithfield Street, Pittsburg, Pa.
PITTSBUEG, TITUSYILLE AND BUFFALO EAILEOAD.
Line of Road.— Corry, Pa., to Irvineton, Pa 95 mjjes-
Branches, named below 28
Total length of line owned and operated , 1^3 miles.
Sidings, 33 miles. Gauge, 6 feet and 4 feet 9 inches. Rail, CO Ibs.
378
RAILKOAD MANUAL OF THE UNITED STATES.
Organized in 1876 as successor of Oil Creek and Allegheny River R. R. Co.,
wliose road was sold under foreclosure December 29, 1875. That company was
formed by the consolidation, March 1, 1868, of Oil Creek, Warren and Franklin,
and Farmers' R. R. Cos., all chartered in 1862, and roads opened in 1866. The 0. C.
and A. R. R. R. Co. made default in the interest on its bonds May 1, 1874, and was
in the hands of a Receiver until its reorganization under present title. The branches
are from Union to Titusville (formerly U. and T. R. R.), 25 miles; Cherry Run
Branch, 3 miles.
Boiling Stock.— Locomotive engines, 32. Cars— passenger, 19 ; baggage, mail
and express, 6 ; and freight, 246 — total, 271.
Operations for year ending December 31, 1877.— Trains run— passenger, 144,557,
and freight, 341,483— total, 486,840 miles. Passengers carried, 367,914 ; carried one
mile, 5,375,847. Freight moved, 724,433 tons ; moved one mile, 23,346,304 tons.
Earnings.
From Passengers $174,063 69
" Freight 494,13567
" Mail, Express, etc 18,873 82
Expenditures.
For Maintenance of Way $158,323,40
" Rolling Stock 97.995 88
" Transportation, ect 171,589 80
$687,073 18
Balance — net earnings, $259,164.10. Payments — not reported.
Abstract of operations and financial condition for ten years :
$457,909 08
Fiscal
Years.
1 Miles of
R. R.
Passen-
gers.
Freight
Tons.
Gross
Earnings.
Net
Earnings.
o
d
>
P
Stock.
Bonds.
Railroad
and
Equipment.
Other
Property
and
Asset?.
1867-68
98
247,507
399,015
$1,197.090
$653,185
5
$4,259,450
$3,170,000
$7,549,787
$15.000
1868-69
98
449,970
657,039
2,014,427
923,565
10
4,259,450
3,170,000
7,660,390
45,000
1869-70
98
711,314
984,496
2,718,702
1,422,833
12*
4,259,450
3,170,000
8,126,996
45,000
1871.
123
569,290
813,502
1,675,009
651,502
10
4,259,450
3,180,000
8,344,7 7
45,000
1872.
123
559,926
676,500
1,285,554
461,531
6X
4,259,450
3,180,000
9,562,878
45,000
1873.
123
445,707
556,546
1,067,734
371,292
6#
4,259,450
3,680,000
9,623,964
50,000
1874.
123
313,162
649,331
846,852
348,409
4,959,450
3,680,000
9,614,313
50,000
1875.
123
241,516
739,711
809,796
238,920
4,959.450
3,680,000
9,616,063
50,000
1876.
123
286,953
755,342
706,019
250,191
4,959,450
4,050,933
9,010,383
50,000
1877.
123
307,914
724,433
687,073
259,164
Financial Statement, December 31, 1877. — Capital stock (shares, $50), $4,959,-
450 ; and funded debt— total, $4,050,933 ; and scrip certificates, $34,597.50— total
stock, bonds and debt, $9,049,980.50. Per contra : Road, $8,422,883 ; and equip-
ment, $587,500— total, $9,010,383.
Statement of funded debt in detail, December 31, 1877 :
Character of Bonds.
Interest.
When Payable.
Principal,
When Due.
Amount
Authorized.
Amount
Outstand-
ing.
1st Mortgage W. and F. R. R. ..
" " O. C. R. R
7
7
Feb. and Aug.
April and Oct.
Feb. 1, 1896.
April 1, 1882.
$1,500,000
580,000
$1,500,000
580,000
U. and T. R. R. . .
Conpolidated Mortgage
7
7
Jan. and July.
Feb. and Au«r.
July 2, 1890.
Feb. 1, 1896.
500,000
1,155,000
500,000
1,155,000
Income Bonds
6
' and
tl it U
315,933
315,933
Scrip Certificates
34,597
RAILBOAD MANUAL OF THE UNITED STATES.
379
Directors (elected May 7, 1877).— Thomas H. Dudley, Camden, N. J. ; John
Scott, Pittsburg, Pa. ; Christian Stiver, Joseph C. Herr, J. W. Moffly, J. S. Ritter
and J. H. Campbell, Philadelphia, Pa.
THOMAS H. DUDLEY, President Camden, N. J.
Treasurer— J. W. Moffly Philadelphia, Pa.
Secretary— George Bull
Gen. Supt.—D. McCargo
Siipt.—C. J. Hepburn Oil City, Pa'
Auditor— T. F. Brown " " "
General Ticket Agent.— J. M. Hall. . .Pittsburg, "
PRINCIPAL OFFICE AND ADDRESS Corry, Pa.
PITTSBUKG, VIKGINIA AND CHARLESTON KAILWAY.
Line of Road. — Birmingham, Pa., to Monongahela City, Pa 30 miles.
Double track, 3 miles. Sidings, 2.9 miles. Gauge, 4 feet 9 inches. Rail, 64 Ibs.
Organized in 1870, and road opened to its present terminus in June, 1873. It is
intended to extend the line ultimately to the State Line of West Virginia.
Rolling Stock. — Locomotive engines, 5. Cars — passenger, 6 ; baggage, mail and
express, 3 ; and freight, 75 — total revenue cars, 84.
Operations for year ending December 31, 1877. — Trains run — passenger, 209,807;
freight, 139,745 — total, 349,552 miles. Passengers carried, 253,776; carried one mile,
2,407,909. Freight moved, 129,012 ; moved one mile, 1,456,138 tons. Gross earn-
ings, $126,174.33; operating expenses, $91,534; net earnings, $34,640.33. Interest on
bonds — all of which are owned by Pennsylvania R. R. Co. — $115,380.92 ; on real
estate mortgages, $14,139— total, $129,519.92. Balance, deficit for year, $94,879.59.
A. bridge over the Monongahela River will be finished the current year, forming
a connection between the Pennsylvania R. R., 13 miles east of Pittsburg, and the P.,
C. and St. L. R'y in Pittsburg for the transportation of through freight.
Abstract of operations and financial condition for six years :
Years.
Miles
R. R.
Engines.
Cars.
Train
Miles.
Passen-
gers.
Tons
Freight.
Gross
Earn-
ings.
Net
Earn-
ings.
Capital
Stock.
Funded
Debt.
Construc-
tion.
1872
14
1
48
9000
4000
22 393
$843
$618,564
$709,310
1873
30
4
83
57,900
140,188
4'828
67,137
$18,555
673,264
$700,000
1,143,394
1874
1875
30
30
5
5
104
85
342,632
112,437
284,336
249,606
90,947
86,497
127,701
123,594
51,880
35,843
674,464
675,629
1.200,000
1,368,000
1,273,379
1,306,028
1876
30
5
84
340,552
253,276
119,012
127.739
40,346
676,613
1,583,000
1,331,444
1877
30
5
84
349,552
253,776
129,012
126,174
34,640
676,613
1,583,000
1,331,444
This road was in operation only two months in 1872.
Financial Statement, December 31, 1877.— Capital stock subscribed, $821,550 ;
paid in, $676,613.13 ; funded debt, 1st mortgage 7 per cent, bonds, due April 1, 1902,
$1,583,000 ; and floating debt, $211,440.86— total stock, bonds and debt, $2,471,053.49.
Per contra : Cost of road and equipment, $1,331,444.13 ; and real estate, $602,930.72.
Directors (elected January 14, 1878).— John Scott, B. F. Jones, Joseph Walton,
Henry B. Hays, and D. A. Stewart, Pittsburg, Pa. ; J. N. DuBarry, Philadelphia,
380 KATLEOAD MANUAL OF THE UNITED STATES.
Pa. ; Alexander Patton, Rice's Landing, Pa. ; George V. Lawrence, Monongaliela
City, Pa,; and Moses B. Thompson, Elizabeth, Pa.
JOHN SCOTT, President Pittsburg, Pa.
B. F. Jones, Vice-President
Treasurer and Secretary D. P. Corwin .
Purch. Agent John F. Scott.
Superintendent John M. Byers.
General Frt. and Pass. Agent W. J. Rose.
PRINCIPAL OFFICE AND ADDRESS No. 61 Fourth avenue, Pittsburg, Pa.
SALISBURY EAILKOAD. (In Progress.)
Line of Road.— Meyers' Dale, Pa., to Salisbury, Pa 8.5 miles.
In operation, 2.46m. Branch, 1.95 m. Sidings, 0.27 m. Gauge, 4 ft. 8i in. Rail,501bs.
This company bought in May, 1875, the unfinished Salisbury and Baltimore R. R.
The greater part of the road has been graded and principal portion of masonry done.
Rolling* Stock. — Locomotive engine, 1. — Cars, 2.
Operations for year ending December 31, 1877. — Freight moved, 35,584 tons.
Gross earnings, $3,588; operating expenses, $6,449.37 ; interest paid, $2,800.
Financial Statement, December 30, 1877. — Capital stock authorized, $200,000 ;
paid in, $78,650 ; funded debt, $40,000— total, $118,650. Cost of construction to date.
$122,133.66. The funded debt consists of 7 per cent, bonds, due July 1, 1885.
E. D. YUTZY, President Somerset, Pa.
Treasurer and Secretary— Noah Scott TJrsina, Pa.
PRINCIPAL OFFICE AND ADDRESS Somerset, Pa.
SHAEPSVILLE KAILKOAD.
Line of Road. — Sharpsville, Pa., to Canton coal mines .7 miles.
This road was opened in 1877, and is operated as a coal road. No further in-
formation as to operations or financial condition is furnished.
Officers, etc., not reported.
SHENANGO AND ALLEGHENY KAILKOAD. (In Progress.)
Line of Road. — Shenango, Pa., to Brady's Bend, Pa 95.04 miles.
In operation : Shenango, Pa., to Hilliard, Pa 45.50 "
Sidings, etc., 7.44 miles. Gauge, 4 feet 9£ inches. Rail, 50, 56, 60, 64 and 68 Ibs.
Rolling Stock.— Locomotive engines, 8. Cars — passenger, 4 ; baggage, 2 ; freight,
21 ; oil, 51 — total, 78 cars. 33 cars are also hired from other companies.
Operations for year ending November 30, 1877. — Trains run — not reported. Pas-
sengers carried, 33,533. Freight (chiefly coal) moved, 349,229 tons.
BAILBOAD MANUAL OF THE UNITED STATES.
381
Earnings,
From Passengers $24,00303
" Freight, etc 230,03559
Expenditures.
For Maintenance of Way $33,582 17
" Transportation 85,175 70
$254,038 62 $118,757 87
Balance— net earnings, $135,280.75. Payments — dividends (10 per cent.), $19,985;
interest, $58,160.80.
Financial Statement, December 31, 1877.— Capital stock, $200,000; funded debt,
1st mortgage 7 per cent, bonds, dated April 1, 1869, interest payable April and Octo-
ber, and principal April 1, 1889 ($1,000,000), $874,500; floating debt.. $394,370.27—
total stock, bonds and debt, $1,468,870.27. Per contra: Cost of road and equipment,
$1,439,848.33 ; and real estate, etc., $25,000— total, $1,464,848.33.
A. G. EGBERT, President Franklin, Pa.
R. B. Roosevelt, 1st Vice-P resident New York City.
Thomas H. Wells, 2d " " Youngstown, O.
Secretary— T. H. Linnell Greenville, Pa.
Chief Eng.— Richard Lewis Pardoe, "
Treasurer — C. A. Derickson Meadville, Pa.
Supt. and Auditor— J. T. Blair Greenville, "
PRINCIPAL OFFICE AND ADDRESS Greenville, Pa.
SOMERSET AND MINERAL POINT RAILROAD.
Line of Road. — Mineral Point (P. and C. R.R.), Pa., to Somerset, Pa. .9.1 miles.
Sidings, 0.25 mile. Gauge, 4 feet 8£ inches. Rail, 45 Ibs.
Rolling Stock. — Locomotive engine, 1. Cars — passenger, 3 ; freight, 5.
Operations for year ending December 31, 1876. — Trains run — 28,551 miles. Pas-
sengers carried, 19,702. Freight moved, 7,162 tons. Gross earnings, $9,327.85;
operating expenses, $5,046.10 ; net earnings, $4,281.75. Payments not reported.
Financial Statement, December 31, 1877.— Capital stock, paid in, $6,300; funded
debt (1st mortgage 7 per cent, bonds, due July 1, 1901, $50,000; 2d mortgage 7 per
cent, bonds, due May 1, 1885, $45,000), $95,000. Cost of road and equipment, $190,-
154.83. Also, real estate, $3,000.
A. H. COFFROTH, President Somerset, Pa.
Secretary— 3. H. Uhl Somerset, Pa. | Treasurer— Noah Eoberts Somerset, Pa.
General Superintendent— W. H. Sonner Somerset, Pa.
PRINCIPAL OFFICE AND ADDRESS. . . Somerset, Pa.
SOUTH MOUNTAIN RAILROAD. (In Progress.)
Line of Road.— Harrisburg, Pa. , to Hamburg, Pa 55 miles.
Gauge, 4 feet 8i inches. Rail, 65 Ibs.
Work was commenced October 3, 1872, and much of the line graded.
Financial Statement, December 31, 1876.— Capital stock subscribed, $690,800 ;
paid in, $582,803.35 ; funded debt, $1,016,000— total stock and debt, $1,598,803.35.
382 EAILROAD MANUAL OF THE UNITED STATES.
Per contra : Cost of construction, $1,556,434.39. The property was sold under execu-
tion, October 23, 1877, and no later statement is furnished.
WILLIAM H. BELL, President Jonestown, Pa.
David M. Rank, Vice-President Hanover, "
Secretary— Jacob G. Heilman Jonestown, Pa. | Treasurer— William Lentz Jonestown, Pa.
PRINCIPAL OFFICE AND ADDRESS Jonestown, Pa.
SOUTH MOUNTAIN RAILWAY.
Line of Road. — Carlisle, Pa., to Pine Grove, Pa 17.78 miles.
Sidings, 2.26 miles. Gauge, 4 feet 9 inches. Rail, 51 Ibs.
This company was organized as the South Mountain Iron R. R. Co., but making
default in interest was sold under foreclosure June 14, 1877, and reorganized under the
title of South Mountain Railway and Mining Co., by the Cumberland Valley R. R. Co.
Rolling Stock. — Locomotive engines, 3. Cars — passenger, 2 ; and freight, 10 —
total, 12.
Operations for six months ending December 31, 1877. — Trains (mixed) run,
5,400 miles. Passengers carried, 3,283. Freight moved, 5,867 tons. Gross earn-
ings, $4,873.90 ; operating expenses, $4,873.90.
Financial Statement, December 31, 1877. — Capital stock, $200,000. Per contra :
Cost of road, $342,841,34 ; and of rolling stock, $45,639.29— total, $388,480.63.
J. C. FULLER, President New York City.
Sec. and Treas.— E. M. Biddle Conlish, Pa. | Superintendent, W.H. Woodward... Pine Grove, Pa.
PRINCIPAL OFFICE AND ADDRESS Pine Grove, Pa.
SPRING BROOK EAILROAD.
Line of Road. — Moosic, Pa., to Spring Brook, Pa 8.50 miles.
Sidings, 0.25 miles. Gauge, 4 feet 3 inches. Rail, 16 to 25 Ibs.
Boiling Stock. — Locomotive engines, 1. Freight cars, 18.
Operations for year ending December 31, 1877.— Trains run, 4,700 miles. Freight
moved— lumber, 12,000 tons. Earnings not reported. Operating expenses, $3,700.
Financial Statement, January 1, 1876.— Capital stock, $37,800; funded debt
(seven per cent, bonds), $15,000 ; and floating debt, $6,500— total stock and debt,
$59,300. Per contra : Cost of construction to date, $61,300.
All later information refused.
CHARLES PUGH, President Pittston, Pa.
Secretary- C. S. Stark Pittston, Pa. | Treasurer— Lewis C. Hessler Moosic, Pa.
PRINCIPAL OFFICE AND ADDRESS , Moosic, Pa.
EAILEOAD MANUAL OF THE UNITED STATES.
383
STATE LINE AND SULLIYAN EAILEOAD.
Line of Road. — Monroetown, Pa. , to Bernice, Pa 24 miles.
Sidings, 3.5 miles. Gauge, 4 feet 8£ inches. Rail, 50 and 56 Ibs.
Formerly Sullivan and Erie Railroad, sold under foreclosure October 14, 1874, and
reorganized under present title.
Rolling' Stock. — Locomotive engine, 1. Cars — not reported.
Operations for year ending December 31, 1877. — Trains run, 26,508 miles,
passengers carried, 8,482. Earnings for year — from passengers, $4,385.15 ; freight,
etc., $41,869.06— total, $46,254.21. Operating expenses, $45,560.36 ; balance, net
earnings, $693.85. Payments not reported.
Financial Statement, December 31, 1877. — Capital stock paid in, $987,650 ;
funded debt, 1st mortgage 7 per cent, bonds, due November 1, 1868, $100,000 — total
stock and bonds, $1,087,650. Per contra : Cost of road to date, not reported; real
estate, $1,000,000.
N. N. BETTS, President Towanda, Pa.
Secretary— Q. A. Baldwin Towanda. | Treasurer— -W. C. Townsend Towanda.
PRINCIPAL OFFICE AND ADDRESS Towanda, Pa.
SUMMIT BEANCH EAILEOAD.
Line of Road. — Millersburg, Pa., to Williamstown, Pa. (Lykens Val. R. R.).20.0 m.
Branch (owned by S. Br. Co.) : Summit Mines to L. V. R. R 0,5 "
Sidings, 11.35 miles. Gauge, 4 feet 9 in. Rail, 50, 56 and 60 Ibs. Steel rail. . 2.5 "
This company was chartered March 20, 1846, and leases the Lykens Valley R.R.,
17 miles, at an annual rental of $62,500.
Rolling1 Stock. — Locomotive engines, 7. Cars — passenger, 1 ; baggage, 1 ; freight,
6; coal, 4 ; caboose, 1 — total, 13. Coal cars are furnished by operators, who pay trackage.
Operations for year ending November 30, 1877. — Trains run, 70,564 miles. Pas-
sengers carried, 23,749. Freight moved, 335,965 (including coal, 329,678) tons. Gross
earnings, $153,317.41; operating expenses, $126,638.25; net earnings, $26,679.16.
The gross receipts of the Coal and R. R. Co. were $1,016,177.91 ; operating expenses,
$905,900.88 ; net earnings, $110,277.03. Payments : Interest on funded debt, $63,000 ;
interest and discount, $17,009.71 ; taxes, etc., $3,000— total, $83,009.71. Profit for
year, $27,267.32.
Abstract of operations and financial condition for ten years :
o
Tears.
Miles
R.R.
-
m
7J
5
O
Passen-
gers.
Freight,
Tons.
Gross
Earn-
ings.
Net
Earn-
ings.
Divi-
dends.
Capital
Stock.
Funded
Debt.
fid
11
0
Other
Property.
$
$
$
$
i
$
$
1868.
21.5
3
3
6,673
436,009
237,928
157,998
36,386
2,500,000
538,000
988,902
1QAQ
on ft
5
\
Q Qna
XQQ AQA
OOQ IKfi
1°°. HAA
f\f* / WJ 1
2 502 250
501 000
988,902
1870.
20.6
5
3
13,357
513,347
138,167
—7,050
15o!l35
2,502,250
201,01)0
988,902
on ^
7
"Id. *>! 7
coo -ityy
OOQ «CQ
IE/I 1OK
o PSOO 950
174 000
988,902
1872.
1873.
20.5
20 5
7
7
8
12
17,769
19,773
523,539
517,228
322,986
324,314
246,946
237,421
150,135
150,135
2,502,250
2,502,250
11WXX)
988,902
988,902
1,500,000
1,500,000
1874.
20.5
7
13
20,519
363.572
311,036
234,754
191,584
3,883,900
684,000
988,1K)2
1,500,000
1875.
1876.
1877.
20 5
20.5
20.5
7
7
7
13
13
13
22,852
24,947
23,749
576,289
428,965
335,965
349,117
244,469
153,317
256,542
97,240
26,679
233,859
117,573
3,907,600
3,996,250
3,996,250
800,000
800.000
800,000
988,902
988,902
968,902
1,500,000
1,500,000
1,500,000
384: EAILROAD MANUAL OF THE UNITED STATES.
Financial Statement, December 31, 1877.— Capital stock, $3,996,250 ; and funded
debt, 1st mortgage 7 per cent, bonds, due January 1, 1904, $800,000 ; floating debt,
$346,977.94— total stock and bonds and debt, $5,143,227.94. Per contra : Construction
and equipment, including Lykens Valley Railroad, $988,902.37. The remainder of
the company's capital account is invested in lands, mines and mining operations.
Directors. — Thomas A. Scott, Jacob P. Jones, Wistar Morris, Alexander Biddle,
George B. Roberts, A. J. Cassatt, Strickland Kneass, N. P. Shortridge, and J. Imbrie
Miller, Philadelphia, Pa. ; and Thomas J. Lee, Boston, Mass.
THOMAS A. SCOTT, President Philadelphia, Pa.
Secretary— Alfred Mordecai Philadelphia, Pa. | Treasurer— John Dougherty Philadelphia, Pa.
Superintendent— R. C. Peebles Lykeus, Pa.
PRINCIPAL OFFICE AND ADDRESS Philadelphia, Pa.
LYKENS VALLEY BAILBOAD.
This company was chartered April 7, 1830, and the road opened in 1839. It was
used almost solely as a coal road. It fell into disuse, and was rebuilt in 1847. It was
leased about 1866 to the Summit Branch R. R. Co., and all its operations are included
in the reports of that company. It extends from Millersburg to Lykens, 17 miles,
with 16 miles of sidings, but its mileage is included in the statement of the Summit
Branch R. R. Co. Annual rental, $62,500.
Rolling Stock. — Included in lessees' returns.
Operations for year ending December 31, 1878. — Included in lessees' returns
Lease rent, $62,500 ; interest received, $343.42— total income, $62,843.42. Payments —
dividends, 2| per cent, quarterly, $60,000 ; miscellaneous, $1,575.39 ; surplus, $1,268.03
—total, $62,843.42.
Financial Statement, December 31, 1877.— Capital stock (30,000 shares), $600,-
000 ; cost of road and equipment to date, $595,767.24 ; and real estate, $20,000.
GEORGE F. HOFFMAN, President Philadelphia, Pa.
Treasurer and Secretary— Frederick A. Plait New York City.
PRINCIPAL OFFICE AND ADDRESS. .No. 13 William Street, New York City.
TIOGA EAILROAD.
Line of Road. — State Line Junction, N. Y., to Morris Run, Pa 44.0 miles.
Branch : Blossburg, Pa., to Arnot, Pa 4.0
Leased : Elmira State Line R. R 2.6
Total length of main and branch lines owned by company 50.6 miles.
Sidings, 12.2 m. Gauge, 4 ft. 8* in., and 6 ft. Rail 57 and 64 Ibs. Steel rail, 32 m.
This company was chartered April 12, 1828, under the name of the Tioga Naviga-
tion Co., and authorized to construct a railroad or canal. A railroad, with flat rail, 18
Ibs. to yard, was built in 1840. In 1851 the company was reorganized, the present
title taken, and the road rebuilt with heavy rails.
RAILROAD MANUAL OF THE UNITED STATES.
385
Rolling Stock. — Locomotive engines, 16. Cars — passenger, 8 ; baggage, 3 ;
freight (box, 16 ; platform, 60 ; and coal, 866), 942 ; caboose, 7 — total, 949.
Operations for year ending December 31, 1877. — Trains run, 251,743 miles. Pas-
sengers carried, 77,341 ; carried one mile, 969,440. Freight moved, 447,071 tons;
moved one mile, 17,451,711 tons.
Earnings.
From Passengers $30,419 78
" Freight 296,21916
" Miscellaneous Sources.
7,408 02
$334,076 96
Expenditures.
For Maintenance of Way $59,842 45
" Rolling Stock 46,14626
" Transportation 101,48073
$207,469
Balance — net earnings, $126,607.52. Payments from net earnings not reported —
officers refuse information.
Abstract of operations for eight years :
Years.
Miles
R. R.
En-
gines.
Cars.
Train
Miles.
Passen-
gers.
Freight,
Tons.
Coal,
Tons.
Gross
Earn-
ings.
Operat-
ing Ex-
penses.
Net
Earn-
ings.
Divi-
dends.
p.c.
1869
30 6
H
356
176 432
82 580
730483
702858
$
395,440
$
190,856
$
204,584
9
1870
30 6
12
796
190395
98 479
764,217
736,785
420,623
191,166
229,457
1871
30 6
12
815
216 232
100042
845385
820 454
455,950-
200,150
255,800
1872
30 6
13
874
253 421
93 170
865,431
845,116
468,323
211,851
256,472
1873
30 6
14
906
267 265
107 886
927 476
899,279
506,119
285,104
221,015
1874
30 6
14
914
209 679
101 196
671 193
650,115
388,464
201,450
187,014
1875.
1876.
1877.
30.6
50.6
50.6
14
15
16
933
934
949
172,940
206,020
257,743
66,573
54,891
77,341
519,372
488,171
447,071
502,368
478,364
286,660
298,772
334,075
172,491
190,997
207,469
114,169
107,775
126,606
23,236
23,236
4
4
Financial Statement, December 31, 1877.— Capital stock (11, 618 shares), $580,900 ;
funded debt, 1st mortgage 7 per cent, bonds, dated May 1, 1852, interest payable May
and November, and principal May 1, 1882, $239,500 ; consolidated mortgage 7 percent,
bonds, dated November 1, 1876, due November 1, 1896, $125,000 ; ditto, due October
1, 1905, $265,000— total funded debt, $629,500. Total stock and bonds, $1,210,400.
Per contra: Construction, $1,529,925.71 ; and equipment, $497,835.93— total, $2,027,-
761.64. Also, real estate, $34,901.51.
Previous to 1876, there had been no substantial change in the stock, bonds, and
construction accounts for eight years. At close of year 1875 the capital stock was
same as now ; funded debt, $239,500 ; cost of construction and equipment, $1,356,547.04.
Directors (elected 1877).— F. N. Drake, D. S. Drake, A. S. Kendall, and J. A.
Drake, Corning, N. Y. ; E. C. Cook, and H. H. Cook, Bath, N. Y.; M. P. Bush, J. W.
Bush, Buffalo, N. Y. ; C. C. Drake, S. T. Reynolds, and H. D. V. Pratt, Elmira, N.Y.;
L. H. Shattuck, Blossburg, Pa.
F. N. DRAKE, President Corning, N. Y.
Treas. and Sec.—'R. H. Cook Bath, 1ST. Y.
Superintendent — L. H. Shattuck Blossburg, Pa.
Road Master— E. Garigan Corning, N. Y.
Purch. Agent— L. H. Shattuck.
Mast, of Machinery— Peres Bonny..Bloseburg, Pa.
Master Car Reimirs—D. H. Stratton
Tkt and Fat. Agt— C. C.Drake — Elmira, N. Y.
Elmira, N. Y.
PRINCIPAL OFFICE AND ADDRESS.
25
.Elmira, N. Y.
386 BATLKOAD MANUAL ,OF THE UNITED STATES.
UNIONTOWN AND WEST YIEGINIA E. K. (In Progress.)
Line of Road. — TJniontown, Pa., to State Line, W. Va 14 miles.
In operation, Uniontown to Oliphants 4.5 "
This road was sold under execution March 4, 1874, and the company reorganized.
The portion completed is operated by the S. W. Pennsylvania R. R. Co., and is in-
cluded therein.
Financial Statement, December 31, 1877. — Capital stock authorized, $500,000 ;
paid in, $80,000. Per contra : Expended in construction, $80,000.
G. B. ROBERTS, President Philadelphia, Pa.
Secretary and Treasurer Albert Hewson, 233 South Fourth Street, Philadelphia, Pa.
PRINCIPAL OFFICE AND ADDRESS Philadelphia, Pa.
WAYNESBUKG AND WASHINGTON K. K.
Line of Road. — Wynesburg, Pa., to Washington, Pa 27.3 miles.
Sidings, 1 mile. Gauge, 3 feet. Rail, 30 Ibs.
This road was completed toward the close of 1877, and no report of its operations
is furnished.
Financial Statement, December 31, 1877.— Capital stock, $270,000: Expended
on construction, $270,000.
J. G. RITCHIE, Presided Waynesburg, Pa.
Secretary— H. P. Coulter Waynesburg, Pa. | Treasurer— L. K. Evans Waynesburg, Pa.
PRINCIPAL OFFICE AND ADDRESS .Waynesburg, Pa.
WEST CHESTEE AND PHILADELPHIA EAILEOAD.
Line of Road.— Philadelphia, Pa., to West Chester, Pa 26.3 miles.
Leased line : West Chester R. R., West Chester to Malvern, Pa 9.0 "
Total length of line owned, leased and operated 35.3 miles.
Sidings, etc., 5 m. Gauge, 4 feet 8i in. Rail, 50, 56, 58 and 65 Ibs. Steel rails, 8 m.
Chartered April 11, 1848, and road opened to Media in 1854, and to West Chester,
November 11, 1858. The West Chester R. R. Co. was chartered February 18, 1831,
and the road opened September 13, 1832. January 1, 1865, it was leased to the W. C.
and P. R. R. Co., by which it has since been operated.
Rolling Stock. — Locomotive engines, 11. Cars — passenger, 22 ; baggage, mail
and express, 5 ; and freight (box, 25 ; platform, 28 ; stock, coal, and other, 14), 67—
total revenue cars, 94. Also, 1 wrecking car.
Operations for year ending October 31, 1877.— Trains run— passenger, 223,392 ;
RAILROAD MANUAL OF THE UNITED STATES.
387
freight, 16,848 ; and other, 30,632— total, 270,872 miles. Passengers carried, 804,031 ;
carried one mile, 8,985,439. Freight moved, 97,762 ; moved one mile, 1,486,865 tons.
Earnings.
From Passengers $207,573 78
" Freight 114,714 04
Miscellaneous 9,98659
$332,274 41
Expenditures.
For Maintenance of Way $47,267 92
" Rolling Stock 24,48130
" Transportation, etc 106,951 05
$178,700 29
Balance — net earnings, $153,574.11. Payments from net earnings — taxes,
$9,595.27 ; rents, $3,825,08 ; interest, $77,287.30 ; dividends, 8 per cent, $65,704. U. S.
taxes, $13,042.
Abstract of operations and general account for ten years :
Years.
Train
Miles.
Passen-
gers.
Tons
Freight.
Gross
Earnings.
Net
Earnings.
Divi-
dends.
Capital
Stock.
Funded
Debt.
Cost of
R. R., etc.
1867-68.
193,400
660,595
119,430
$350,131
$104,554
$684,036
$959,600
$1,626,677
1868-69
194,328
678,463
97,065
330,571
63,761
684,036
959,600
1,618 360
1869-70.
193,401
682.386
78,996
288,556
101,693
684,036
957,500
1,748,546
1870-71 .
180,000
737,473
85,273
326,128
141,815
681,650
1,197,300
1,479 437
1871-72.
205,800
821,911
93,448
337,840
166,889
681,100
1,189,800
1,509,317
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
207,778
208,450
247,030
262,516
270,872
871,398
874,183
901,411
926,074
804,031
94,235
90,602
94,358
92,507
97,762
354,448
345,383
347,459
369,545
332,274
140,094
159,876
163,994
180,974
153,574
$32,408
65,860
65,788
65,704
65,704
823,950
823,950
821,400
821,350
821,300
1,10(1,000
1,100,000
1,100,000
1,100,000
1,100,000
1,694,932
1,705,205
1,716,412
1,732,877
1,741,355
General Balance, October 31, 1877.
Construction Account $1,741,354 80
Real Estate 336,632 81
Sundry Account? 136,263 42
Cash 35,71510
Capital Stock $821,300 00
Funded Debt 1,100,000 00
Sundry Accounts 26,33032
Profit and Loss. . . . 237,823 31
$2,247,966 13 $2,247,966 13
This company has paid its 1st mortgage bonds, due January 1, 1873, and the 2d
mortgage bonds, due in 1878, have been absorbed by exchange and purchase ; so that
the consolidated mortgage of $1,100,000, due in 1891, is the first and only lien upon
the road. There are also ground rents and mortgages amounting to $65,512.50.
Statement of funded debt in detail :
Date.
Int.
Payable.
Due.
Authorized.
Outstand'g.
General Mortgage —
April 1, 1871.
7
April and Oct.
April 1, 1891.
$1,250,000
$1,100,000
The W. C. and P. R. R. Co. ownes $100,000 of the stock of the W. C. R. R. Co.
Managers (elected January 4, 1878). — Edward Hoopes, J. Edward Farnum and
Geo. Callahan, Philadelphia, Pa. ; Chas. Fairlamb and Lorenzo Beck, West Chester,
Pa. ; W. H. Miller, Howellville, Pa. ; Samuel Riddle, Glen Riddle, Pa. ; and Albert
C. Roberts, Marshall B. Hickinan, and Samuel J. Sharpless, Philadelphia, Pa.
EDWARD HOOPES, President Philadelphia, Pa.
Superintendent— H. K. Smith — Philadelphia, Pa.
. A - . / ; / , A T"\ LJ 1 1 .1 t- 1 1 1 .- it- \\ < i^ ! OViocfot* **
Secretary — A. Lewis Smith Media, Pa.
Treasurer— Thomas H. Hall West Chester, '
Master Mechanic— J. Moyer Philadelphia, "
Auditor— A~ D. Sharpies West Chester,
Master Car Repairs— N. Pawling, Philadelphia,
PRINCIPAL OFFICE AND ADDRESS Philadelphia, Pa.
388
EAILROAD MANUAL OF THE UNITED STATES.
WEST CHESTEE BAILKOAD.
This line extends from West Chester to Malvern Junction, 9 miles, with 0.5 mile
of sidings. It is leased to W. C. and P. R. R. Co. for 99 years from January 1, 1865.
Rolling Stock and Operations.— Included in lessees' returns.
Financial Statement, October 31, 1877.— Capital stock paid in, $165,000. Per
contra : Cost of R. R., $159,798.04; equipment, $45,688.75— total cost, $205,486.79.
Officers, etc. — Same as West Chester and Philadelphia R. R. Co.
WILMINGTON AND NOETHEKN KAILEOAD.
Line of Road. — Wilmington, Del., to Birdsboro', Pa 63.60 miles.
Branch : Birdsboro' to Poplar Neck, Pa . . 7.00 "
Sidings and other tracks, 10.2 miles. Gauge, 4 feet 8 inches. Rail, 56 Ibs.
This road was opened in 1870 under the name of Wilmington and Reading R.
R. The company having defaulted on interest in 1874, the road was placed in the
hands of Commissioners of the 0". S. Court, May 8, 1875. It was reorganized under
present title in 1877. The Branch was chartered as Wilmington and Reading R. R.
Rolling Stock. — Locomotive engines, 11. Cars — passenger, 8; baggage, mail,
and express, 3 ; and freight, 137 — total, 148.
Operations for year ending December 31, 1877. — Trains run — passenger, 85,552;
and freight, 44,377— total, 129,929 miles. Passengers carried, 64,695. Freight
moved, 217,830 tons. ,
Earnings. Expenditures.
From Passengers $27,390 46
" Freight, etc 108,543 93
For Maintenance of Way $36,534 41
" Transportation, etc 90,189 74
$126,714 15
$135,934 39
Balance — net earnings, $9,220.24. Payments — not reported.
Financial Statement, December 31, 1877.— Capital stock (16,000 shares, $800,000;
paid in, $759,627.88 ; funded debt, 1st mortgage 7 per cent, bonds, due in 1900, $1,-
250,000; and 2d mortgage 7 per cent, bonds, due 1902, $1,742,000; branch bonds, due
1904, $104,800— total funded debt, $3,096,800; and floating debt, $335,395.54— total
stock, bonds and debt, $4,191,823.42. Per contra : Cost of road and rolling stock,
$3,488,417.54; and real estate, $32,927.70.
The above financial statement is that before reorganization.
Directors (elected 1877).— L. P. Dupont, Wilmington, Del. ; E. S. Buckley, C.
O. Baird, Philadelphia, Pa. ; Charles Baker, Pottsville, Pa. ; D. R. Bennett, Jenkin-
town, Pa.
ROBERT FRAZER, President Philadelphia, Pa.
Secretary and Treasurer ...P. S. Ermold. | Gen. Supt. and Chief Engineer... J. H. Thompson.
PRINCIPAL OFFICE AND ADDRESS Coatesville, Pa.
RAILEOAD MANUAL OF THE UNITED STATES.
389
ST.ATE OF DELA.WA.RE
Area, 2,120 square miles. " Population, 143,767. Assessed valuation, $76,819,722.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Tracks.
Length of Lines.
Total.
Del.
1. Breakwater and Frankford
Ft. In.
4:8*
4:8fc'
4:8#
4:8V
4:8*
4:9*
4:9
4:8#
4:8&
M.
19.30
100.50
19.92
40.00
53.75
38.52
111.95
20.00
70.60
M.
19.30
96.50
17.53
40.00
14.50
17.36
34.70
20.00
11.60
2. Delaware (P. W. and B)
3. Delaware Western
4. Junction and Breakwater
5. Maryland and Delaware [Md
6. Pennsylvania and Delaware [Penn.
7. Philadelphia, Wilmington and Baltimore. [Penn.
8. Smyrna and Delaware Bay
9. Wilmington and Northern.. ..TPenn.
D L
Total Length
474.54
271.49
BKEAKWATEK AND EEANKFOED EAILKOAD.
Line of Road. — Georgetown, Del., to Selbyville, Del 19.3 miles.
Sidings, etc., 1 mile. Gauge, 4 feet 8£ inches. Rail, 50 Ibs.
This road is operated in connection with the Junction and Breakwater and
Worcester R. Rs., and was opened in 1875.
All information concerning its operations or financial condition is refused.
CHARLES C. STOCKLEY, President Georgetown, Del.
Superintendent, J. L. Mapes Berlin, Md.
PRINCIPAL OFFICE AND ADDRESS Georgetown, Del.
390
RAILROAD MANUAL OF THE UNITED STATES.
DELAWAKE KAILKOAD.
Line of Road. — Rodney, Del., to Delmar, Del 83.82 miles.
Branches, named below 16.68 "
Total length of line owned 100.50 miles.
Deduct Dorchester Br., operated by Dor. and Del. R. R. Co 5.67 "
Total main and branches operated 94.83 miles.
Sidings, etc., 10.13 miles. Gauge, 4 feet 8^ inches. Rail, 50 and 57 Ibs.
This company was chartered February 22, 1849, and the road completed April,
1860. It was leased on completion to the Philadelphia, Wilmington and Baltimore
R. R. Co. for 21 years, and during the year 1876 a new lease was made to the same
company, which will expire in 1896 ; the lessees paying 6 per cent, on the stock and
debt of the company, and 30 per cent, of the earnings to go to lessor. The branches
are — Smyrna: from Clayton to Smyrna, 1.51 miles; Dorchester: Seaford to Maryland
Line, 5.67 miles ; Townsend : Townsend to Massey's X Roads, Md., 9.50 miles.
Rolling Stock. — Furnished by lessees.
Operations for year ending October 31,1877. — Trains run— passenger, 95,023;
freight, 171,272 ; other, 4,422— total, 270,717 miles.
Earnings.
From Passengers $134,531 45
" Freight 273,123 64
" Mail and Miscellaneous 12,15075
$419,805 84
Expenditures.
For Operating Exp's, 70 p. c. of Earn'gs. $293,864 09
Dividends, Interest, etc 123,730 37
$417,594 46
Balance surplus, $2,211.38, which goes to lessees, one-fourth, $552.84, as profit
for the year, and the remainder to cover previous losses, amounting to $19,350.
General Balance, December 31, 1877.
Koad and Smyrna Branch $2,013,158 44
Townsend and Dorchester Branches. . 333,254 75
Sundries 3,53340
Cash.
50,760 37
Capital Stock $1 ,430,216 36
Bonded Debt 760,600 00
Sinking Fund 160,400 00
Dividends, Interest, etc 49,490 60
$2,400,706 96
Statement of funded debt in detail, December 31, 1877 :
$2,400,706 96
Character of Bonds.
Date of
Bonds.
Interest
Principal
Payable.
Amount of Bonds.
Rate.
Payable.
Issued.
Out-
standing.
1st Mortgage (Extension) ....
Delaware State Loan
Jan. 5, 1859.
6
6
6
Jan. and July
It U U
U U 11
June 1, 1880
July, 1876.
Jan. 1, 1895
$100,000
170,000
650,000
$100,000
9,600
650,000
Cons. Mortgage Bonds .... . .
July 1, 1875.
RAILROAD MANUAL OF THE UNITED STATES.
391
The outstanding Delaware State Loan consists of bonds not presented for pay-
ment, for which the money is provided. There are also outstanding $1,000 of bonds,
due July, 1875, for which the money is in bank, and the mortgage has been dis-
charged of record.
Directors (elected January 10, 1878). — Samuel M. Felton and Isaac Hinckley,
Philadelphia, Pa. ; A. C. Gray, New Castle, Del. ; Charles Warner, Joseph Bring-
hurst and Edward Bringhurst, Jr., Wilmington, Del. ; Isaac Jump and M. Hayes,
Dover, Del. ; H. B. Fiddeman, Milford, Del. ; Alexander Johnson, Farmington, Del.
J. J. Ross, Seaford, Del. ; Albert Curry, Greenwood, Del. ; and J. Turpin Moore,
Laurel, Del.
SAMUEL M. FELTON, President Philadelphia, Pa.
Secretary and Treasurer— M. Hayes Dover, Del.
PRINCIPAL OFFICE AND ADDRESS Dover, Del.
DELAWAEE WESTEEN KALLKOAD. (In Progress.)
Line of Road.— Wilmington, Del., to Oxford, Pa .35.00 miles.
In operation : Wilmington to Landenburg 19.92 "
Sidings and other tracks, 3.30 miles. Gauge, 4 feet 8-J- inches. Rail, 56 Ibs.
This company was organized as the Wilmington and Western R. R. Co., and was
sold under foreclosure April 25, 1877, and reorganized under present title.
Rolling Stock. — Locomotive engines, 2. — Cars— passenger, 3; baggage, mail,
and express, 2 ; and freight, 30 — total cars, 35.
No report was made for the year 1877 — the latest is as follows :
Operations for year ending October 31, 1877. — Trains (mixed) run, 34,840 miles.
Passengers carried, 32,045. Freight moved, 75,820 tons.
Earnings.
From Passengers $13,422 52
" Freight, etc 32,68679
Expenditures.
For Maintenance of Way. $11,751 05
" Transportation, etc 25,750 64
$46,109 31 $37,501 69
Balance — net earnings, $8,607.62. Payments not reported.
This road was placed in the hands of a receiver December 7, 1875, and was
operated by him to date of reorganization.
Financial Statement, November 1, 1876.— Capital stock paid in, $249,503.50;
and funded debt, 1st mortgage 7-30 per cent. 20-year bonds, dated January 1, 1872,
due 1902, with interest quarterly (J.,A.,J. and O.), $500,000; and floating debt,
$205,872.39— total stock, bonds, and debt, $955,375.89. Per contra : Cost of road and
equipment, $797,693.84. Real estate, $44,835.79.
The above statement was made before reorganization.
Directors (elected May 31, 1877).— James L. De Von, D. M. Bates, W. M. Canby,
H. S. McComb, H. C. Robinson, and Washington Jones, Wilmington, Del.
W. M. CANBY, President Wilmington, Del.
Sec. and Treas.—J. C. Farra Wilmington, Del. | Supt.— David Connell.. Wilmington, Del.
PRINCIPAL OFFICE AND ADDRESS.. Wilmington, Del.
392 BATLKOAD MANUAL OF THE UNITED STATES.
JUNCTION AND BKEAKWATEE EAILEOAD.
Line of Road. — Harrington, Del., to Lewes, Del 40 miles.
Sidings, and other tracks, 2 miles. Gauge, 4 feet 8£ inches. Rail, 50 Ibs.
This road is operated in connection with the Breakwater and Frankford and the
Worcester R. Rs. It was opened through in August, 1869.
Rolling* Stock. — Locomotive engines, 2. Revenue cars — passenger, 2 ; baggage,
1 ; and freight, box 19 and platform 10 — total 42. Service cars, 2.
Operations for the year ending October 31, 1877. — Gross earnings, $67,919.91 ;
operating expenses (61.91 p. c.), $42.051.48. Net revenue, $25,868.43. Payments
from net revenue — interest, $24,000. Balance, $1,868,43. Net revenue in 1875-76,
$29,841.03. In all previous years the net revenue had not been sufficient to pay
interest in full. The gross earnings in 1875-76 were $63,167.20.
Financial Statement. — Capital stock, $306,000, and funded debt (Delaware State
6 per cent, loan), due 1890, $400,000 — total stock and bonds representing cost of
road, $706,000.
N. L. MCCREADY, President, No. 197 Greenwich St., New York City.
Treasurer— W '. T. Vaules Milford, Del.
Auditor— Henry S. Marshall Lewes, "
Superintendent— Thomas Groome Lewes, Del.
Fgt. and Pass. Agent — A. Brown "
PRINCIPAL OFFICE AND ADDRESS Milford, Del.
SMYRNA AND DELAWARE BAY EAILEOAD.
Line of Road. — Pierson's Cove, Del., to Massey's Junction, Md 20 miles.
Connects with Kent County Railroad at Massey's, and operated in connection
•with the New Jersey Southern Railroad. The lessee furnish.es rolling stock. Capital
stock, $470,000, which sum represents cost of road. No statistics of operations fur-
nished. Opened in 1873. F, Gerker, lessee.
Directors (elected January, 1878).— Jay Gould, J. F. Bingham, and W. Heath,
New York, N. Y. ; W. S. Sneden, Long Branch, N. J. ; H. D. Douglas, J. H. Haf-
fecker, and N. F. Wilds, Smyrna, Del. ; and J. F. Wilds, Dover, Del.
JAY GOULD, President New York, N. Y.
J. F. Bingham, Vice-President . . New York, N. Y.
Secretary and Treasurer William Heath. | Chief Engineer L. D. Berger.
PRINCIPAL OFFICE AND ADDRESS , . Smyrna, Del.
RAILROAD MANUAL OF THE UNITED STATES.
393
OF
Area, 11,124 square miles. Population, 897,615. Assessed valuation, $478,468,928.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Tracks.
Length of Lines.
Total.
Maryland.
Ft. In.
4:8^
4:8^
4:8^
4:8#
4:9
4:9
4:8*
4:9
4:8>£
4:8^
4:8*
4:8*
4:9
4:8*
4:8*
4:9
4:8^
4.8#
4:8#
4:8#
4:9
4:8*.
4:8#
4:8;*
4:8*
4:8*
4:8*
M.
20.50
13.00
432.60
30.00
92.00
39.30
55.00
82.20
100.50
28.00
38.00
7.00
28.00
21.00
53.75
150.66
46.00
112.43
151.50
36.00
4.50
24.00
12.25
90.00
23.00
36.00
9.00
M.
20.50
4.00
201.20
30.00
92.00
10.90
55.00
13.90
4.00
28.00
38.00
7.00
28.00
21.00
39.25
48.07
9.25
56.37
2.70
36.00
4.50
24.00
12.25
90.00
23.00
36.00
9.00
[Penn.
[Penn.
7 Cumberland and Pennsylvania
[Penn.
. [Del.
9 Delaware (P W & B )
12 Emmittsburg (Western Maryland)
13 Frederick and Pennsylvania Line
[Penn.
15 Maryland and Delaware
16 Northern Central
iPenn.
Penn.
Penn.
17. Philadelphia and Baltimore Central. . . .
18. Philadelphia, Wilmington and Baltimore
19. Pittsburg and Connellsville (B. and 0.)
21 Union (Canton Co )
22 Washington County (B and 0.)
23. Washington City and Point Lookout (B.
and 0.)
25 Wicomico and Pocomoke
26. Worcester
Total length 1,736.19 943.89
394: BAILBOAD MANUAL OF THE UNITED STATES.
ANNAPOLIS AND ELK KIDGE RAILEOAD.
Line of Road. — Annapolis, Md., to Junction (B. and 0. R. R.), Md — 20.5 miles.
Sidings and other tracks, 2 miles. Gauge, 4 feet 8-J inches. Rail, 40 and 45 Ibs.
Chartered March 21, 1837. Opened December 26, 1840.
Rolling Stock. — Locomotive engines, 4. Cars — passenger, 5 ; baggage; mail and
express, 2 ; and freight, 18 — total, 25. Also, 4 service cars.
Operations for year ending September 30, 1874. — Trains run — passenger, 33,044 ;
freight, 6,246 ; other, 3,690— total, 42,980 miles.
The officers have refused to furnish any statement of earnings and expenses
for the last three years, but from a report to the Legislature, February 26, 1874, it
appears that the receipts for the year ending October 1, 1873, were: From passengers,
$24,131 ; from freight, mails, etc., $11,948.85 ; miscellaneous, $190.64— total, $36,-
270.49. Operating expenses: Maintenance of way, $13,963.59; rolling stock, $17,-
324.57; transportation, etc., $25,528.27— total, $56,813.63. The total expenditures
daring the year were $86,663.49.
For year ending October 1, 1872, the total receipts were $46,066.09 ; expendi-
tures, $125,878.91.
Financial Statement, October 1, 1873. — Capital stock, subscribed by State,
$300,000 ; funded debt, $153,000 ; loan account, $130,000 ; miscellaneous accounts,
$5,565.68 — total stock, bonds and debt, $588,565.68, representing cost of road.
The bonds are 1st mortgage 6 per cent, gold, due January 1, 1893. The total
amount authorized is $400,000. The company have loaned $130,000 of the bonds of
the Bait, and Drum Point R. R. Co., and advanced $21,663.71 in cash to aid in build-
ing the line from the Junction to West River, the loan being secured by $200,000
bonds of that company.
All later information refused.
W. H. BIANS, President Annapolis, Md.
Sec. and Treas.—3. G. Butler Annapolis, Md. | Ft. & Tkt. Agt.—G, Brewer Annapolis, Md .
PRINCIPAL OFFICE AND ADDRESS Annapolis, Md.
BALTIMOEE AND OHIO EAILEOAD.
Line of Road.— Baltimore, Md., to Wheeling, W. Va 379.00 miles.
Branches 382.00 "
Leased lines 584.50 "
Other lines owned, and operated 154.25 "
Total length of lines owned, leased and operated 1,499.75 miles.
Second track, 319.76 miles; third and fourth tracks, 20.32 miles. Sidings, 367.15 miles.
Steel rails, 606 miles. Gauge, 4 feet 8| inches. Rail, 64, 68, and 72 Ibs.
The Baltimore and Ohio Railroad Co. was chartered by the State of Maryland
February 28, 1827, and by Virginia March 8, 1827, to construct a railroad from Balti-
more to the Ohio River. Work was commenced July 4, 1828., and the various
sections were completed as follows : to Point of Rocks, April 1, 1832 ; to Harper's
Ferry, December 1, 1834; to Cumberland, November 5, 1842, and to Wheeling, Jan-
uary 1, 1853.
RAILROAD MANUAL OF THE UNITED STATES. 395
In December, 1835, the R. R. being in operation to Harper's Ferry, the City of
Baltimore subscribed $3,000,000 to its capital stock, and in May, 1836, the State of
Maryland the same amount.
The Washington Branch was built under a separate charter granted March 9,
1833, and the road was opened August 25, 1835. Two thirds of its capital stock is
owned by the B. and O. R. R. Co.
The Frederick Branch was opened December 1, 1831.
The Washington County R. R. was taken possession of by this company Decem-
ber 1, 1867.
On the completion of the line to Harper's Ferry, junction was made with the
Winchester and Potomac R. R. chartered 1830, opened 1836, and now operated under
a 20 years' lease from November 27, 1867, and by means of the Winchester and Stras-
burg, the Strasburg and Harrisonburg and the Valley R. Rs. the line from Harper's
Ferry to Staunton, 127 miles, is operated.
The Metropolitan R. R. from Point of Rocks to Washington, was completed May
28, 1873. It is owned by this company.
The Washington City and Point Lookout R. R. , from Alexandria Junction to
Shepherd, was completed in 1874, and is operated under lease.
The operations of all these lines (except the Washington Branch) are included in
those of the main stem. The greater part of their stocks are owned or controlled by
this company.
The Parkersburg Branch chartered February 14, 1851, under the name of the
Northwestern Virginia R. R., was opened May 1, 1857. It was mainly built and has
always been operated by this company. The Baltimore and Ohio Railroad Company
has relieved by the use of its earnings : the first mortgage on the North-Western
Virginia Railroad $1,500,000
And paid the second mortgage on the North- Western Virginia Railroad. . . 1,000,000
And anticipated and retired of $500,000 mrtge. on that road, due 1885. ... 360,000
Making $2,860,000
And leaving of the whole amount of mortgages for the construction of that road,
which cost $8,869,348.37, but $140,000, which will mature in 1885.
The Central Ohio R. R., was chartered February 8, 1847, and opened in 1854-
It is leased and operated by this company.
The Sandusky, Mansfield and Newark R. R. was organized in 1856 and opened
the same year. It is leased and operated by this company in connection with the
Central Ohio, under name of Lake Erie Division ; date of lease, February 13, 1869.
The Baltimore and Ohio and Chicago R. R. was built and is owned by this com-
pany. It was opened November 17, 1874, and is called the Chicago Division.
The Wheeling, Pittsburgh and Baltimore R. R. (formerly the Hempfield R. R.)
was chartered May 15, 1850, and completed to its present terminus in 1857. It was
bought by this company May 1, 1871.
The Newark, Somerset and Straitsville R. R. was opened in 1871, and leased to
this company, in connection with the Central Ohio R. R., January 1, 1872.
The Pittsburgh and Connellsville R. R. was chartered April 3, 1837, and the road
completed in April, 1870. It was leased to the B. and O. R. R. Co. for 50 years from
January 1, 1876, and is known as the Pittsburgh Division.
The length of all the lines owned, leased or operated by the Baltimore and
Ohio Railroad Company September 30, 1877, is as follows :
396
EAILEOAD MANUAL OF THE UNITED STATES.
Miles
R. R.
Second
Track.
Miles.
Third and
Fourth
Tracks.
Miles.
Sidings.
Miles.
Total
Length of
Tracks.
Miles.
Main Stem B and O. R. R
379.00
280.00
20.32
138.33
817.65
Branches owned by B and O R R Co . . .
382.00
viz: — Miles.
Camden Cut-off 1.50
1.50
3.00
Locust Point Branch.. . 5 00
5.00
3.66
13.00
Washington Branch 31.00
31.00
6.60
68.60
Metropolitan Branch . . 43 00
6.70
49.70
Frederick Branch .... . . 3 50
1.70
5.20
Parkersburg Bridge .... ..... . 1.40
1.40
Benwood Bridge 1.60
1.60
Wheeling Pittsburg and Baltimore 32.00
2.00
34.00
Chicago Division . 263.00
38.00
301.00
382.00
317.50
20.32
196.33
1,295.15
Leased Lines
584.50
viz: —
Alexandria Branch ' 12 50
1.50
14.00
Winchester and Potomac 32.00)
Winchester and Strasburg 19 00 >
8.00
109.00
Strasburg and Harrisonburg 50.00 j
Pittsburg and Connellsville 150.00
2.26
45.32
197.58
Fayette County 14.00 I
19.50
43.50
Mount Pleasant Branch 10.00 f
Central Ohio 137.00
37.00
174.00
Sandusky, Mansfield and Newark. 116.00
24.00
140.00
Newark, Somerset and Straitsville 44 00
4.00
48.00
584.50
2 26
139.32
726.08
Lines Operated by the B. and O. R. R. Co
154.25
viz: —
Valley (Virginia) Railroad 26.00
2.50
28.50
Parkersburg Branch . . . 104.00
26.00
130.00
. Washington County 24.25
3.00
27.25
154.25
31.50
185.75
1,499.75
319.76
20.32
367.15
2,206.98
The accounts of the operations of the Washington and the Parkersburg Branches,
and of the Wheeling, Pittsburgh and Baltimore, Pittsburgh and Connellsville, Central
Ohio, Sandusky, Mansfield and Newark, Newark, Somerset and Straitsville, and Balti-
more, Pittsburgh and Chicago R. Rs., are separately reported. Those of all the other
lines are consolidated with those of the main stem.
Rolling' Stock. — Locomotive engines, 560 — of which 520 are in use on the main
line and branches, as follows : Passenger, first class, 92 ; second class, 3 ; and freight,
first class, 389 ; second class, 29; third class, 7. Cars — passenger (including sleeping,
etc.), 220; emigrant, 9 ; mail and baggage, 54; officers, etc., 12; combination, 12;
total passenger train cars, 307 ; lightning express, 107 ; freight (house, 4,473 ; gon-
dola, 2,694; coal, 2,868; rack, 511; caboose, 207; dump, 213; miscellaneous, 448),
11,521 — total cars, 11,828. Also, 12 snow plows and 1 salt car.
Statement of locomotives, engines, and cars for ten years (September 30) :
1868.
1869.
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Locomotive Engines
299
315
324
335
383
473
509
518
520
520
Cars } PaS8enKer» baggage, mail, etc..
1 F'gt, stock, coal, express, etc..
144
4,568
151
5,012
199
5,438
208
6,259
233
8,238
261
10,292
271
11,318
296
11,507
307
11,521
307
11,521
EAILEOAD MANUAL OF THE UNITED STATES.
The company have also on the Central Ohio Division 31, and on the Lake Erie
Division 9 locomotive engines — total, 40; and cars — on C. O. Div., passenger, 19 ;
baggage, mail, etc., 8 ; and freight, 341 ; and on L. E. Div. — passenger, 10 ; baggage,
mail, etc., 9 ; and freight, 210 — total, 597. Including these, the B. and 0. Co. own —
locomotives, 560 ; and cars, in passenger trains, 353 and in freight trains, 12,072 —
total, 12,425.
Operations for year ending September 30, 1877. — Trains run — on main stem (in-
cluding Metropolitan, W. and P., W. and S., S. and H., and W. C., and P. L. Rail-
roads), 8,034,766 ; on Parkersburg Branch, 1,205,999 ; on Washington Branch, 867,775
—total, 10,108,540 miles. Freight, through, 1,047,645 tons. Also, 641,702 bbls. flour ;
16,379,861 bushels of grain ; 111,920 tons live stock, and 53,720 tons of lumber. Coal
moved, 1,069,426 tons.
Movements of freight of various kinds for seven years :
Through
(Tons).
Flour
(Bbls).
Live Stock
(Tons).
Lumber
(Tons).
Coal
(Tons).
Grain
(Bushels).
1870-71..
435,207
1,077,649
63,201
41,883
1 591 602
1871-72
557,609
757,842
72,631
55,836
1 661 259
6 049 430
1872-73
640,265
940,627
87,660
50 675
2 019 718
7 510 657
1873-74
752,256
1,000,778
89,272
58 322
1 778 628
9 668 361
1874-75
872,101
929,140
93,709
54,689
1 519 889
7 342 920
1875-76
1,093,393
842,633
98,652
65238
1 187 289
17 517'946
1876-77
1,047,645
641,702
111,920
53,720
1 069 426
16 379 861
Earnings.
(Main stem and branches.)
Expenditures.
From passengers $1,364,804 38
" Freight, etc., including mail, ex-
press, and miscellaneous sources 6,897,240 91
For Maintenance of Way $808,369 21
" Rolling Stock and Fuel 1,632,03910
" Transportation 1,668,747 46
Miscellaneous 495,996 10
$4,605,151 87
$8,262,045 29
Balance — net earnings, $3,656,893.42.
The earnings and expenditures for other portions of the line were as follows:
Earnings.
(Washington Branch.)
Expenditures.
From Passengers $245,719 58
" Freight 61,38997
$307,109 55
Balance — net earnings, $213,679.28.
For Maintenance of Way $73,611 13
" Miscellaneous 19,81914
$93,430 27
Earnings.
(Parkersburg Branch.)
Expenditures.
From Passengers $146,206 86
" Freight, etc 479,47172
For Maintenance of Way $178,317 31
Transportation, etc 331,801 75
$510,119 06
$625,678 58
Balance — net earnings, $115,559.52.
The details of the operations on the other Divisions are given elsewhere. The
reports of the company do not give in detail the various sources of revenue grouped
under the general heading " Tonnage."
398 RAILROAD MANUAL OF THE UNITED STATES.
The gross earnings, operating expenses and net earnings on all lines were as follows:
Earnings.
Expenses.
Net Earnings.
Main Stem, including W. and P., W. and S., S.
and H., Washington Co., Metropolitan Br.,
andW C and P. L. R. Rs
$8,262,045 29
$4,605,151 87
$3,656,893 42
307,109 55
93,430 27
213,679 28
625,678 58
510,119 06
115,559 52
957,695 60
834,415 21
123,280 39
761,524 88
612,237 37
149,287 51
698,065 14
448,508 69
249,556 45
Wheeling, Pittsburg and Baltimore R. R
42,933 65
42,845 92
87 73
164,200 81
113,573 48
50,627 33
1,389,606 58
965,773 00
423,833 58
$13,208,860 08
$8,226,054 87
$4,982,805 21
The aggregate working expenses of the main stem, with all branches and divi-
sions, were 62.27 per cent of the gross revenues, being 1.66 per cent, less than the
preceding year.
Abstract of operations for ten years:
1.— MAIN STEM AND BRANCHES.
Fiscal
Years.
Miles
of
R. R.
Train
Mileage.
Through
Tonnage.
Gross
Earnings.
Net
Earnings.
Working
Expenses.
Interest.
Rents of
Leased
Lines.
Dividend.
o
P<
1867-68.
379.6
5,589,394
308,690
$7,558,643
$2,504,196
$5,054,449
$673,375
$21,600
$1,050,948
8
1868-69.
454.6
6,640,721
199,873
8,724,916
2,968,809
5,756,106
699,229
105,498
1,051,388
8
1869-70.
454.6
6,749,834
286,835
8,427,728
2,964,268
5,453,460
753,256
85,961
1,051,440
8
1870-71.
454.6
7,851,264
435,202
9,913,390
4,006,503
5,906,887
432,447
91,190
1,051,448
8
1871-72.
454.6
9,172,997
557,609
10,654,472
4,532,072
6,122,400
283,133
91,190
1.182,879
9
1872-73.
497.4
10,229,259
640,265
12,252,844
4,934,796
7,318,048
252,630
91,190
I,314,a30
10
1873-74.
572.4
11,778,137
752,256
11,693,956
5,018,060
6,675,895
409,714
190,629
1,314,340
10
1874-75.
592.1
11,612,699
872,101
10,514,179
4,337,378
6,176,801
585,664
242,786
1,314,350
10
1875-76.
595.1
10,879,077
1,093,393
9,632,361
4,220,726
5,411,635
721,310
231,717
1,314.410
10
1876-77.
865.0
10,108,540
1,047,645
8,262,045
3,656,893
4,605,152
1,960,437
222,179
1,314,415
10
1
2.— WASHINGTON BRANCH.
Fiscal Years.
Miles
R. R.
Train
Mileage.
Passenger Freight
Earnings. Earnings.
Gross
Earnings.
Net
Earnings.
Working
Expenses.
Dividend .
c
si
10
10
10
10
10
10
10
10
1867-68
89
39
39
39
39
39
39
39
39
39
412,074
418,895
429,686
449,975
476,800
562,266
649,107
745,148
721,811
867,775
$302,111
329,797
303,724
329,824
363,124
352,629
295,178
275,070
306,738
245,720
$80,147
86,127
78,090
97,756
117,521
88,147
78,145
71,747
60,411
61,390
$382,258
415,924
381,914
427,579
480,645
440,776
373,323
346,817
367,149
307,110
$277,663
277,508
182,686
264,168
335,735
284,014
247,289
229,522
261,815
213,679
$104,595
138,416
199,128
163,411
144,910
156,762
126,034
117,295
105,334
93,431
$165,000
165,000
165,000
165,000
165,000
165,000
165,000
165,000
1868-69
1869-70
1870-71
1871-72
1872-73
1873-74
1874-75
1875-76
1876-77
j
RAILROAD MANUAL OF THE UNITED STATES.
399
3.— PARKERPBITRG BRANCH.
Fiscal Years.
Miles
R.R.
Train
Mileage.
Passen-
ger
Earnings.
Freight
Earnings.
Gross
Earnings.
Net
Earnings.
Working
Expenses.
Deficit.
1867-68...
103 5
679,358
$98,729
$432,586
$531,315
$621,068
$89,753
1868-69
103.5
691,644
101,145
434,888
536,033
694,605
158,572
1869-70
103 5
761,854
119,303
442,582
561.885
661,780
99,895
1870-71
103.5
836,347
150,022
583,072
733,095
$11,807
721,288
1871-72
103 5
1,003407
204,757
622,046
826,803
114,541
712,262
1872-73
103 5
1,258,361
182,455
765,275
947,729
116,067
831,662
1873-74
103.5
1,270,279
198,201
603,865
802,066
942,253
140,187
1874-75 ...
103 5
1,195,760
181,753
458,556
640,309
766,218
125,909
1875-76
103.5
1,265,179
185,941
492,021
677,962
35,506
642,456
1876-77
103 5
1,205,999
146,207
479,472
625,679
115,560
510,119
Statement of Profit and Loss (Washington Branch) year ending September 30, 1877.
Taxes $3,821 05
Annuity 1,000 00
Balance 823,748 47
Balance Credit Account, Oct. 1, 1876.. .$614,890 24
Net Earnings 213,679 28
$828,569 52
Statement of Profit and Loss (Main Stem) year ending September 30, 1876.
Dividend of 10 per cent $1,314,415 00
Interest and Taxes 1,960,437 18
Ground Rents 48,708 07
Rent of W. and P. Railroad 27,000 00
Rent of Washington County R. R 58,960 80
Central Ohio Division 117,246 20
Rent of W. and S. R. R 5,229 00
Rent of S. and H. R. R. (currency). .. 93,098 91
Rent of W. City and Pt. L. R. R. (cur-
rency) 37,890 00
Balance carried down 36,139,312 56
$39,802,297 67
Balance at Credit, Oct. 1, 1876 $36,022,365 88
Increment from the City Loan Sink-
ing Fund 109,542 90
House Rents Received 13,495 47
Earnings for Year $8,262,045 29
Cess Expenses 4,605,151 87
8,656,893 42
$39,802,297 67
It will be seen that while the gross earnings on the Main Stem have decreased
$1,370,315.77, as compared with the previous year, the decrease of working expenses,
has been $806,483.66, showing a reduction in net profits of $563,832.11.
The gross earnings, operating expenses, and net earnings of all the lines com-
posing the B. and 0. R. R. system, for eight years, have been as follows (Septem-
ber 30) :
400
EAILKOAD MANUAL OP THE UNITED STATES.
I.— GROSS EARNINGS.
Lines of K. R.
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Main Stem & Brs
$
8,427,728
$
9,913,390
$
10,654,472
$
12,252,844
$
11,693,956
$
10,514,179
,361
$
8,262,045
Washington Br.
Parkersburg Br.
381,814
561,885
427,580
733,095
480,645
826,803
440,776
947,729
373,323
802,067
346.818
640,310
867,149
677,962
307,110
625,679
Central O. R. R.
842,436
946,246
989,327
1,046,435
1,004,356
880,772
889,192
761,525
Lake Erie Div. . .
626,507
513,769
600,388
771,933
787.168
871,343
806,924
698,065
W P & B R. R
23,450
48,165
47,365
49,889
48,321
50,880
42,934
N S & S. R. R.
26,878
186,117
172,279
183,331
163,575
164,201
B P & C R R
64,053
959,164
1,231,786
957,696
P & C R R .
1,211,408*
1,389,607
10,840,370
12,557,529
13,626,677
15,693,198
14,947,090
14,444,239
15,031,236
13,208,860
* For nine months, from January 1, 1876.
II. — OPERATING EXPENSES.
S
$
$
$
S
' 3
$
$
Main Stem & Brs.
5,453,460
5,906,888
6,122,400
7,318,048
6,675,895
6,176,801
5,411,636.
4,605,152
Washington Br . .
199,128
163,411
144,910
156,762
126,034
117,-->95
105,334:
93,430
Parkersburg Br..
661,780
721,288
712,262
831,662
942,253
766,218
642,457
510,119
Central O. R. R. . .
774,113
751,644
818,606
975,447
843,050
865,574
837,355
612,237
Lake Erie Div....
419,153
415,911
503,730
686,555
624,067
608,036
577,553
448,509
W P. & B. R. R.
39,033
47,685
46.655
48,548
47,785
45,646
42,846
N., S. & S. R. R.
17,883
126,494
119,946
157,624
146,935
113,573
B., P. & C. R. R.
36,858
1,169,332
1,065.083
834,415
P & C. R. R
777,858*
965,773
7,507,634
7,998,175
8,367,476
10,141,623
9,416,651
9,908,665
9,609,857
8,226,055
* For nine months, from January 1, 1876.
III. — NET EARNINGS.
Main Stem & Brs.
Washington Br. .
Parkersburg Br. .
Central O. R. R.
Lake Erie Div . .
W P & B. R. R
$
2,974,268
182,686
t99,895
68,323
207,355
S
4,006,503
264,168
11,807
194,602
97,857
t!5,583
$
4,532,072
335,735
114,541
170,721
96,658
480
S
4,934,796
284,014
116,067
70,988
85,378
710
$
5,018,060
247,289
t!40,186
161,306
163,102
1 341
S
4,337,378
229.522
t!25,908
15,198
263,307
537
$ '
4,220,725
261,815
35,506
51,837
229,371
5234
$
3,656,893
213,679
115,560
149,288
249,556
88
N., S. & S. R. R.
B ,P. & C. R. R..
8,995
59,623
52,332
27,196
25,707
t210 168
16,640
166 703
50,627
123,280
P & C R. R
*433 549
423834
3,332,737
4,559,354
5,259,202
5,551,576
5,530,440
4,535,573
5,421,380
4,982,805
* For nine months, from January 1, 1876.
t Deficit.
Included in " Main Stem and Branches " in the above table are the Winchester
and Potomac, Washington County and Winchester and Strasburg R. Rs. for the years
from 1870 to 1877 inclusive ; Metropolitan Branch from 1873 ; Strasburg and Harri-
sonburg R. R. from 1874 ; also, Washington City and Point Lookout R. R. from 1875.
There w«s a deficit on the Parkersburg Branch for 1870, 1874 and 1875 ; on the W.,
P. and B. R. R. for 1871 ; and on the B., P. and C. R. R. for 1875.
During the year, the sinking fund for the payment of the City of Baltimore loan
KAILROAD MANUAL OF THE UNITED STATES.
401
of $5,000,000 increased $109,542.90, making a total of $1,958,421. On the sinking
fund for redemption of sterling loans, the payments amounted to $417.500 — equiva-
lent to £86,260 6*. 8d. sterling. $80,000 have been paid to the City of Baltimore on
the $1,000,000 bond for purchase of its interest in the Pittsburg and Connellsville R.
R. $120,500 of the mortgage loan of 1880 have been anticipated, leaving to be paid
$579,500. $790,000 have been paid on the loan maturing in 1885, leaving due
$1,710,000. $360,000 of the endorsed bonds of the N. W. Va. R. R. Co., due 1885,
have been retired, leaving $140,000 outstanding. The increase of the surplus fund
during the year amounts to $116,946.68. Pending the final settlement of the ques
tion of capitation tax, no dividend was declared on the Washington Branch R. R. for
the year.
General Balance, September 30, 1877.
Cost of Road $23,520,819 92
2d, 3d, and 4th Tracks 5,948,847 30
Rolling Stock 12,116,258 46
Real Estate 2,405,019 63
Ohio River Bridges .. 2,383,069 19
Metropolitan Branch R. R 3,751,462 67
B. & O. & C. R. R. Co's st'k, b'ds, etc. 12,463,951 58
Central Ohio R. R. Stock 424,822 88
Parkersburg Br. R. R. Stock 5,680,684 94
Miscellaneous Stock and Bonds 5,567,777 71
M. and C. R/R. Co. Bonds 3,609,487 50
Stock of Branch R. Rs 2,387,568 82
Bait. Short Line R. R. Stock and B'ds. 1,991,700 00
Valley R. R. Co. Stock 1,020,000 00
Advances Stock, etc., P. and C. R. R.. 3,743,566 48
" Parker sburg Branch R. R.. 2,688,66343
Real Estate Loans, etc 4,534,410 54
C.andB. R'y Stock 747,350 00
Bills Receivable 1,479,214 13
Materials, etc 673,504 91
Miscellaneous Stocks, Dues, etc 1,482,163 76
Cash on hand 84,081 99
Capital Stock $13,144,200 00
Scrip 7,762 00
Preferred Stock (6 p. c.) 4,599,578 72
Loan of 1880 579,50000
" " 1885 1,710,00000
City Loan 3,041,579 00
Sterling Loan, 1895 3,146,956 00
" 1902 8,857,35200
" " 1910 9,346,500 00
" 1927 7,744,00000
Bond P. and C. R. R 920,000 00
3d Mort. Bonds N. W. Va. R. R. ... 140,000 00
Maturing Obligations 1,555,689 06
Unclaimed Dues 88,756 29
Washington Branch R. R 843,748 47
Sterling Debentures 3,872,000 00
Bills Payable 2,967,491 67
Profit and Loss ... , . 36,139,312 56
$98,704,425 77
Abstract of general account for eight years (September 30) :
$98,704,425 77
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Stock Account.. .
Pf. 6 pr. ct. Stock
Funded Debt....
Open Accounts..
$
13,151,962
3,398,400
11,346,371
36,301
13,151,962
3,529,800
11,186,185
$
13,151,962
3.552,800
12,456,637
$
13,151,962
3,567,900
19,866,733
$
13,151,962
3,663,400
29,201,565
$
13,151,962
4,348,469
32,728,335
3,424,487
$
13,151,962
4,583,085
32,180,930
1,250,931
$
13,151,962
4.599,579
39,357,887
4,523,181
Unclaimed Dues.
Wash'n Branch.
Profit and Loss..
51,595
375,984
21,375,051
56.336
472;700
23,246,732
58,513
642,300
26,152,269
64,645
757,653
29,033,131
79,522
735,199
32,144,160
84,633
374,075
34,069,792
86,519
634,890
36,022,866
88,756
843,748
36,139,313
Total
49,735,664
51,643 715
56 014 481
66 442 024
78 975 808
88,181,753
87,910,683
98,704,426
402 BAILEOAD MANUAL OF THE UNITED STATES.
Against which are charged accounts as follows, viz. :
Railroad
$
19,073,662
3,777,446
5,412,039
1,764,677
$
19,563,767
3,777,446
6,114,631
1,791,049
2,337,157
1,547,565
$
20,062,794
4,032,746
7,995,851
1,839,639
2,380,533
2,855,044
$
21,119,706
4,797,774
10,682,280
2,092,126
2,382,480
3,583,498
1,554,579
$
22,083,598
5,433,926
11,749,951
2,197,367
2,382,480
3,707,615
6,357,893
S
23,115,437
5,883,778
12,106,058
2,211,478
2,382,480
3,750,675
7,803,280
$
23,405,310
5,946,834
12,106,058
2,401,502
2,382,480
3,751,103
8,854.271
$
23,520,820
5,948,847
12,116,258
2,405,020
2,383,069
3,751,463
2d, 3d, & 4th Tr'ks
Rolling Stock
Real Estate
Ohio Riv Bridges.
Metrop. Br'hR.R.. .
B & O & C. R. R.
Permanent Prop
30,027,824
35,131,615
39,166,607
46,212,443
53,912,830
57,253,186
58,847,558
50,125,477
1,503,450
7,744,000
3,216,502
424,823
3,743,566
8,369,348
1,027,800
3,609,487
5,567,778
766,290
B. & O. & C. R. R. St'k
BMs.
(c
Central Ohio R. R . . . .
Pitt, and Conn. R. R..
ParkWgBr. R. R
Washington Branch. . .
Mar. and Cin. R. R. . .
Stocks & Bonds (var.).
Wash. Co. R. R
1,955,069
1,209,905
7,573,723
1,027,800
1,400,000
1,602,108
763,280
800,671
596,662
101,192
1,414,910
399,835
590,406
1,544,069
501 ,772
5,680,685
1,027,800
1,400,000
2,881,224
763,280
1,124,070
248,123
5,680,685
1,027,800
1,400,000
2,587,558
763,280
619,070
248,123
5,680,685
1,027,800
2,358,200
4,094,160
763,280
536,069
248,123
7,944,967
1,027,800
3,847,700
4,201.875
763,280
424,823
6,949,472
8,208,651
1,027,800
2,134,033
4,191,214
766,290
424,823
3,125,064
8,325,514
1,027,800
2,112,487
5,758,267
766,290
Metropolitan Branch . .
Win. and Stras. R. R. .
S. Fund, Gr'nd Rents.
Ohio River Bridges . . .
Uncollected Revs
591,817
101,192
591,816
101,192
591,866
101,192
591,895
101,192
591,895
101,192
591,895
101,192
593,478
101,192
664,412
673,153
623,374
687,543
809.687
1,792,015
764,838
1,284,765
2,132,462
535,676
692,510
669,445
3,049,956
1,000,000
639,817
811,440
3,969,772
1,000,000
671,1-30
745,377
4,301,949
1,020,000
505,135
673,505
4,534,411
1,020,000
420,000
747,350
257,003
750,000
1,241,700
1,479,214
198,a35
84,082
Materials
Accounts
Valley R. R., Va
N. G. L. S. S. Co
C. andB. Ry
N. S. andS. R. R
B. S. L. Ry. Bonds
" " Stock....
Bills Receivable
Miscellaneous Acc'ts. .
Treasurer, Sept. 30 ...
Total
272,279
59,322
34,105
27,465 388,165
112,169
91,367
49,735,664
51,643,715
56,014,481
66,442,025 78.975,807
88,181,75487,910,683
98,704,426
* Bridges and Metropolitan Branch accounts transferred to road account.
General Balance, Washington Branch, September 30, 1877.
Road, Equipment, etc $1,650,000 00
Due by B. and O. R. R. Co 843,748 47
$2,493,748 47
Capital Stock $1,650.000 00
Annuity
20,000 00
Profit and Loss . . , 823,748 47
$2,493,748 47
Abstract of general acccount, Washington Branch, yearly for eight years :
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Capital Stock —
Annuity (cap'zed)
Profit and Loss. . .
Total
$1,650,000
20,000
355,984
$1,650,000
20,000
452,700
$1,650,000 $1,650,000
20,000 20,000
622,300 737,653
$1,650,000
20,000
715,199
$1,650,000
20,000
354,075
$1,650,000
20,000
614.890
$1,650,000
20,000
823,748
$2,025,984
$2,122,700 $2,292,300
$2,407,653
$2,385,199
$2,024,075
$2,284,890
$2,493,748
Per contra, — the following accounts, viz. :
Road,R'lEs., etc.
DuefmB.&O.R.
Total
$1,650,000
375,984
$1,650,000
472,700
$1,650,000
642,300
$1,650,000
757,653
$1,650.000
735,199
$1,650,000
374,075
$1,650,000
634,890
$1,650,000
843,748
$2,025,984
$2,122,700
$2,292,300
$2,407,653
$2,385,199! $2,024,075 $2,284,890
$2,493,748
RAILROAD MANUAL OF THE UNITED STATES.
403
Statement of funded debt in detail, September 30, 1877
Character of Bonds.
CJ
1
Interest
Payable.
Principal
Payable.
Issued.
Out-
standing.
Loan of 1850-80 ....
fi
Jan. and July
1880
$700 000
$579 500 00
Loan of 1853-85
6
Apr. and Oct . .
1885
2,500,000
1 710' ooo oo
Loan of 1855-90 (Baltimore) Sinking Fund
6
Ja. A'l,Ju.,Oct.
1890
5,000,000
3 041 579 00
Loan of 1870-95 Sinking Fund (£800,000 stg. at $4.84).
Loan of 1872-1902, Sintfg F'd (£2,000,000 stg. at $4.84).
Loan of 1874-1910, Sink'g F'd ( do. do. at do. ) .
Loan of 1877-1927. B.& O.&C.R.R. (£1,600,000 at do. ).
Stg. Debentures, '78. '80, '81 (£800,000 stg. at do. ) .
6
6
6
5
n
Mar. and Sept.
Mar. and Sept.
May and Nov..
June and Dec..
1895
1902
1910
1927
3,872,000
9,680,000
9,680,000
7,744,000
3,872,000
3,146,956 00
8,857,352 00
9,346,500 00
7,744,000 00
3 872 000 00
P. and C. R. R. Bond to City of Baltimore, 1875-1900. .
N. W. Va. R. R., 3d Mortgage, 1855-85
6
«
Jan. and July.
Jan. and July.
1900
1885
1,000,000
500,000
920,000 00
140 000 00
Total Amount Outstanding. September 30, 1877. .
,..«
>39.357.887 00
Statement in detail of stock and bond investments, September 30, 1877 :
Character of Investment.
Amount.
Valley (Va.) R. R. Co. Stock
Central Ohio R. R. Co. (as reorganized) Stock
Pittsburg and Connellsville R. R. Co. Stock
Parkersburg Branch R. R. Co. Preferred Stock (liquidated debts). . .
Municipal and Railroad Stock* and Bonds
Marietta and Cincinnati R. R. Co. (as reorganized) Mortgage Bonds .
Washington County R. R. Co. Stock
Winchester and Strasburg R. R. Co. Stock and Debt
Washington Branch R. R. Co. Stock
North German Lloyd S. S. Co. Stock. . .
Cincinnati and Baltimore Railway Co. Stock
Newark, Somerset and Straitsville R. R. Co. Stock
Ohio and Mississippi Railway Co. Bonds
Mount Pleasant and Broad Ford Railway Co. Stock
Baltimore Short Line Railway Co. Bonds
Stock
Baltimore and Ohio and Chicago R. R. Cos. Stock
Bonds...
$1,020,000 00
424,822 88
233,882 04
5,680,684 94
5,567,777 71
3,609.487 50
766,290 33
593,478 49
1,0-27,800 OJ
420,000 00
747,350 00
257,002 50
40,000 00
138,835 00
750,000 00
1,241,700 00
1,503,450 00
7,744,000 00
Total Investment in Stock and Bonds, September 30, 1877.
$31,766,561 39
Abstract of funded debt for eight years (September 30) :
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Loan of 1875
$
863,250
863,250
$
863250
$
857 250
$
840 250
$
$
$
" 1880
579,500
579,500
579,500
579 500
579500
579,500
579,500
579,500
" 1885
1,710,500
1,710,500
1,710,500
1,710,500
1,710,000
1,710,000
1,710,000
1,710.000
City Loan
3,722,621
3,645,683
3 550,447
3,461,147
3,352,247
3,253,027
3,151,122
3,041,579
Stg. Loan 1895...
N. W. Va. R, R..
Stg. Loan 1902. .
3,872,000
598,500
3,788,752
598,500
3,707,440
593.500
1,452,000
3,620,320
140,000
9 498 016
3,525,456
140,000
9,374,112
3,398,956
140,000
9,198,852
3,273,956
140,000
9,029,852
3,146,956
140,000
8,8r:7,358
'• " 1910....
9,680,000
9,576,000
9,464,500
9,846,500
Stg. Debentures..
3,872,000
3,872,000
3,872,000
P. & C. R.R.Bond
1,000,000
960,000
920,000
B.& O.&C.R.R. Co
7,744,000
•
11,346,371
11,186,185
12,456,637
19,866,733
29,201,565
32,728,335
32,180,930
39,357,887
During the year, the name of the Chicago extension, formerly known as the
Baltimore, Pittsburg and Chicago Railway, was changed to the Baltimore and Ohio
and Chicago R. R., under the laws of Ohio, Indiana and Illinois, the portion of the
404 RAILROAD MANUAL OF THE UNITED STATES.
line in the latter State forming a separate corporation. The B. and 0. R. R. Co.
subscribed for 30,069 shares of the stock of these Cos., and placed 28,900 shares to-
gether with £1.600,000 6 per cent, bonds in the hands of trustees as security for £1,-
600,000 of its own 5 per cent, bonds, which were placed in London, and the proceeds
amounting to $7,744,000 credited those Cos. on account of cash advances made by the
B. and O. R. R. Co. The bonds are dated June 1, 1877, and the principal is made
payable June 1, 1927, with a sinking fund of £7,500 annually from May 1, 1878.
The B. and O. R. R. Co. furnished a large part of the means to build the Cincin-
nati and Baltimore and the Baltimore Short Line R. Rs., receiving for advances the
notes of the Marietta and Cincinnati R. R. Co,, secured by stock and bonds of the for-
mer companies. These securities were bought by the B. and 0. R. R. Co. as follows :
$692,350 C. and B. Ry. Co.'s stock; $1,191,700 stock and $750,000 of Baltimore Short
Line Ry. Co.'s 1st mortgage bonds at par and accrued interest ; and $1,996,000 4th
mortgage bonds of M. and C. R. R. Co., at 75 per cent, and accrued interest, the pro-
ceeds of which were applied to reducing the notes of the latter Co.
Since the close of the fiscal year, the company has declared a cash dividend of 3
per cent, for the half year ended 30 Sept., 1877, and a stock dividend of 4 per cent,
for the half year ended March 31, 1878.
Directors (elected November 19, 1877.) — H. C. Smith, Francis Burns, John Spear
Nicholas, Wm. Donnell, John Gregg, Decatur H. Miller, Joshua G. Harvey, John
King, Jr., Galloway Cheston, William W. Taylor, Samuel Kirby, G. A. Von Lingen,
on the part of the stockholders ; J. A. L. McClure, Outerbridge Horsey, George
Colton, John Carroll Walsh, on the part of the State ; Geo. R. Berry, Wm. A. Boyd,
Anthony Clarke, Michael Coakley, D. P. Hoffman, Joseph B. Stafford, and B. F.
Ulman, on the part of the city ; all of Baltimore, Md.
JOHN W. GARRETT, President Baltimore, Md.
John King, Jr., 1st Vice-President " "
William Keyser, 2d Vice-President " "
Sec. and Treas.—W. H. Ijams ..... Baltimore, Md.
Auditor— W. T. Thelin .............
Asst. Auditor— A. D. Smith .......... Columbus, O.
Chief Engineer— J. L. Randolph.. .Baltimore, Md.
Road Masters— John L. Wilson — "
—John Bradshaw ____ Grafton, W. Va.
& Lake^- c- Quincy, Newark, O.
Supt. Chicago Div.—G. H. Hudson... Chicago. 111.
Supt. Pittsburg Div.—E. K. Hyndman.
Act. Mas. Trans. — W. M. Clements. .Baltimore,Md.
Master Mechanic— John C. Davis. . ..
Gen. Frt. Agent— M. L. Doherty.. .
Gen. Ticket Agent — L. M. Cole •.
Asst. Gen. Tkt. Agt.—E. R. Dorsey.
Purchasing Agent— N. S. Hill
Traffic Manager I r M Wif.kpr rhirqe-n Til
Trans.— Ohio Div. f L< Ml Wicker... .cncago, 111.
PRINCIPAL OFFICE AND ADDRESS Baltimore, Md.
PITTSBUKG AND CONNELLSVILLE KAILROAD.
Chartered April 3, 1837, and re-chartered April 18, 1843, to build a railroad from
Pittsburg to Connellsville, or elsewhere on the Youghiogeny River. In., 1853 it was
authorized to extend its line to Cumberland, Md., and entire line was opened in
April, 1870. It extends from Pittsburg, Pa., to Cumberland, Md., 151.50 miles, with
4 miles of second track, 34.3 miles of sidings, 1.90 mile of branch line, and 22.27
miles of leased lines — in all, 173.77 miles of railroad. Leased lines are Fayette
County R. R., 12.67 miles; and Mount Pleasant and Broad Ford R. R., 9.6 miles
RAILROAD MANUAL OF THE UNITED STATES.
405
December 13, 1875, this road, with branches, leased lines, equipment, etc., was leased
to Baltimore and Ohio R. R. Co. for 50 years from January 1, 1876, the lessees to
operate road, and keep it in good repair ; to pay interest on bonded debt, and an an-
nual contribution to sinking fund of £7,200 sterling ; and to pay $3,000 annually to
maintain the company's organization.
Rolling Stock. — Locomotive engines, 26. Cars — passenger, 15 ; baggage, mail,
and express, 7 ; freight, 164 ; and other, 15 — total, 201. There are also on the line a
large nomber of coal cars owned by corporations 'and individuals.
Operations for year ending September 30, 1877. — Not reported by lessees. Gross
earnings, $1,389,606.58; operating expenses, $965,773; net earnings, $423,833.58.
Financial Statement, October 31? 1877.— Capital stock authorized, $5,000,000 ;
subscribed, $2,343,974.59; and paid in, $1,960,682.45; funded debt, $9,500,000; and
floating debt, $3,606,523.75— total, $15,067,206.20. Per contra : Cost of road and
equipment, $12,455,532.09 ; and real estate, $111,190.98— total, $12,563,723.07.
Statement of funded debt in detail :
Character of Bonds.
Rate.
Interest
Payable.
Principal
Payable.
Amonnt
Out-
standing.
Construction, Turtle Creek Division (10^ miles)
6
Feb. and Aug.
Aug. 1, 1889.
$400,000
First Mortgage
7
Jan. and July.
July 1, 1899.
4,000,000
Second Mortgage
6
May and Nov.
May 18, 1902.
5,000,000
Heal Estate
6
1883.
100,000
The above bonds were outstanding at the time of the lease to the B. and O. R. R.
Co. To provide for all these issues, and to fund the indebtedness of the company, a
new mortgage was created December 13, 1875, for £2,200,000 sterling. The bonds
issued under this mortgage are for £200 each, dated January 1, 1876, and payable
January 1, 1926, in London, with interest at 6 per cent, per annum, payable semi-
annually, and guaranteed by the Baltimore and Ohio R. R. Co. The sinking fund
amounts to £7,200 annually. A sufficient number of these bonds was reserved to
satisfy all prior mortgage obligations, and £1,300,000 were sold at 97 per cent, in gold.
All the second mortgage bonds were cancelled prior to the issue of these bonds.
Directors (elected December 6, 1875). — Wm. Baldwin, G. L. B. Fetterman and
Wm. S. Bissell, Pittsburg, Pa. ; John King, Jr., Chas. Webb, Wm. Keyser, Hugh
Sisson, H. G. Vickery, John D. Smith, Wm. H. Perkins, Mendez Cohen and Israel
Cohen, Baltimore, Md. ; and G. R. Dennis, Frederick, Md.
JOHN KING, Jr., President Baltimore, Md.
Assistant Auditot^—3. B. Washington. . .Pittsburg. | £upt.—E. K. Hyndman Connellsville, Pa.
PRINCIPAL OFFICE AND ADDRESS. .Grand and Water Streets, Pittsburg, Pa.
MOUNT PLEASANT AND BKOAD FOED EAILKOAD.
Chartered in 1869, and road opened January 2, 1871. It extends from Mount
Pleasant to Broad Ford, Pa., 9.6 miles, with 1.5 mile of sidings. Leased to Pitts-
burg and Connellsville R. R. Co., at 6 per cent, on the cost of the road.
406
EAILEOAD MANUAL OF THE UNITED STATES.
Rolling1 Stock. — Supplied by lessees.
Operations for year ending October 31, 1877. — Included in lessees' returns.
Financial Statement, October 31, 1877— Capital stock authorized, $600,000;
subscribed, $152,050; paid in, $150,625; floating debt, $38,198.83. Total stock and
debt, $188,823.84. Cost of road and equipment, $178,972.99.
CHARLES DONNELLY, President Pittsburg, Pa.
FAYETTE COUNTY KAILKOAD.
Chartered March 13, 1858, and road opened in 1860. It extends from Uniontown
to Connellsville, Pa., 12.67 miles, with 0.75 mile of sidings. Leased November 1,
1861, to Pittsburg and Connellsville R. R. Co., and all operations included in returns
of that company.
Financial Statement, September 1, 1876. — Capital stock, $90,000 ; and cost of
construction, etc., $130,000. Dividends (8 per cent.), $7,200.
WILLIAM BEESON, President Uniontown, Pa.-
WASHINGTON CITY AND POINT LOOKOUT EAILEOAD.
This company was chartered in 1871 to build a railroad from Washington City to
Point Lookout, Md., 80 miles, and the work of grading commenced in April, 1872.
The portion now in operation extends from Hyattsville, on the B. and O. R. R., to
Shepherd, opposite Alexandria, on the Potomac, 12.25 miles, and is leased to the Bal-
timore and Ohio R. R. Co. for $36,000 gold per annum. All its operations are in-
cluded in those of the B. and O. R. R. Co.
Financial Statement.— Capital stock (authorized), $2,540,000 ; paid in, $1,000,000 ;
funded debt, $540,000 gold, guaranteed by B. and 0. R. R, Co. ; other liabilities*
$12,000. Total stock, bonds and debt, $1,552,000. Per contra : Cost of road, etc., to
date, $800,000 ; other assets, $15,000— total, $815,000. The rental pays the interest
on funded debt, and a sinking fund for its redemption at maturity.
Statement of funded debt in detail :
Character of Bonds.
Date of
Bonds.
Rate
p. c.
Interest
Payable.
Principal,
When Due.
Amount
Authorized.
Amount
Outstanding.
6 p. c. gold, j Bait., Wash. )
1st mort. ) & Alex'a Br. j
7 p. c. gold, 1st mortgage. . .
June, 1873.
11 It
6
7
June and Dec.
June and Dec.
30 years.
20 years.
$540,000
2,000,000
$540, 000
None.
Officers. — Same as Baltimore and Ohio R. R. Co.
BAILEOAD MANUAL OF THE UNITED STATES. 407
WASHINGTON COUNTY EAILEOAD.
Chartered about 1865, and road opened December 1, 1867. It extends from
Weverton, on the B. and 0. R. R., to Hagerstown, Md., 24 miles, with 1 mile of
sidings. It is principally owned by Baltimore and Ohio R. R. Co., which subscribed
$400,000 to its capital stock, and advanced in addition $362,624.93 toward its comple-
tion. It is operated by that company, and all its returns are included in their reports.
Financial Statement, September 30, 1877.— Advances by B. and O. R. R. Co. for
which stock was issued, $766,290.33 ; Washington County subscription, $120,000 ; in-
dividual subscriptions, $200,000 — total, representing cost of road, $1,086,290.33.
Officers. — Same as Baltimore and Ohio R. R. Co.
WHEELING, PITTSBUEG AND BALTIMOKE E. E.
Reorganization, May 3, 1871, of Hempfield R. R. Co., chartered May 15, 1850.
Road extends from Wheeling, W. Va., to Washington, Pa., 32 miles, with 1 mile of
sidings. It was originally intended to connect with the Pittsburg and Connellsville
R. R. at Newton. Bought at time of reorganization, by B. and O. R. R. Co., by which
it is operated.
Rolling Stock. — Locomotive engines, 3. Cars — passenger, 5 ; baggage, mail
and express, 2 ; freight, 8 ; and coal, 16 — total cars, 31.
Operations for year ending September 30, 1877. — Trains run, 20,032 miles. Pas-
sengers carried, 57,419. Freight moved, 9,471 tons. Gross earnings, $50,880.18 ; op-
erating expenses, $45,646.40 ; net savings, $5,233.78. Payments not reported.
Financial Statement. — Capital stock, $500,000. The books and papers of this
road are in the hands of a Master in Chancery, and cost of construction cannot be given.
COLIN M. REED, President Washington, Pa.
Treasurer— W. H. Ijams Baltimore. Md. | Secretary— J. B. Washington Pittsburg, Pa.
BALTIMOEE AND POTOMAC EAILEOAD.
Line of Road. — Baltimore, Md., to Washington City, D.C 43.3 miles.
Branch : Bowie, Md., to Pope's Creek, Md t 48.7 "
Total length of line owned and operated 92.0 miles.
Second track, 5 m. Sidings, 12.42 m. Gauge, 4 ft. 9 in. Rail, 64 Ibs. Steel rails, 28.72 m.
This company was chartered May 6, 1853, and the road completed July 2, 1872.
It forms a continuation of the Pennsylvania system to the Southern Railroads through
Washington, and is connected at Baltimore with the Northern Central Ry. The
tunnel at Baltimore was completed in 1873. The bonds of this company are either
guaranteed or owned by the Pennsylvania R. R. and Northern Central Ry. Cos., and
its stock is owned by the Pennsylvania R. R. Co.
408
KAILROAD MANUAL OF THE UNITED STATES.
Rolling Stock. — Locomotive engines, 25. Cars — passenger, 45 ; baggage, mail
and express, 18 ; freight (box, 100 ; stock, 50 ; and platform, 116), 266 — total cars, 319.
Operations for year ending December 31, 1877. — Trains run — passenger, 364,-
992 ; freight, 168,371 ; and other, 18,031— total, 551,294 miles. Passengers carried,
881,695 ; carried one mile, 11,684,309. Freight moved, 251,060 ; moved one mile,
5,657,206 tons.
Earnings.
From Passengers $385,197 28
" Freight 200,93088
" Mail and Express 52,611 33
" Miscellaneous Sources 7,583 29
$646,322 78
Expenditures.
For Maintenance of Way $194,119 29
" Rolling Stock 154,99670
" Transportation 175,11449
Miscellaneous Purposes 10,303 73
$534,534 21
Balance — net earnings, $111,788.57. Payments, interest on bonds, $270,000;
premium on gold, $22,381.71 ; other payments, $2,659— total, $295,040.71. Balance,
deficit, $183,252.14.
Abstract of operations for six years :
Fiscal Years.
Miles
R. R.
Passen-
gers.
Mileage.
Freight
Tons.
Mileage.
Gross
Earnings.
Net
Earnings.
1872
92.13
(Six
months
OTllv ^
$137 555
$19 110
1873
92 13
780001
7 627 162
100 227
2 392 807
38l'537
70
1874
92 13
783,623
11 819 647
161 314
4 620 541
615'415
130 507
1875
91.30
1,030,706
16 804 751
215 859
5 683 937
678 092
128079
1876
90.20
1,133,682
17,237 527
223 079
5 466 509
722 486
119 735
1877
90.20
881,695
11,684,309
257 060
5*657 206
646323
111,789
General Balance, January 1, 1877.
Construction and Equipment $9,007,779 45
Real Estate, etc 134,623 44
Profit and Loss 886,366 79
Cash and other Assets 77,782 40
$10,106,552 08
Capital Stock $3,553,250 00
Funded Debt 6,264,000 00
Other Liabilities 289,302 08
$10,106,552 08
Abstract of general balances for six years :
Fiscal Years.
Miles of
Track.
En-
gines.
Cars.
Stock.
Bonds.
Debts.
Railroad
and
Equipment.
Other Prop-
erty and
Assets. .
1872...
95 33
21
311
$3,382,900
$4,500,000
$306,337
$7,771,345
$437,003
1873
95.33
26
345
3,503.900
4,500,000
884,837
8,752,081
166,835
1874
95.33
26
345
3,553,250
5,633,000
170,980
8,919,608
287,873
1875
1876
104.90
105.62
26
26
321
321
3,553,250
3,553,250
5,633,000
6,264,000
358,747
214,334
8,988,618
9,004,439
220,372
324,030
1877
107.62
25
319
3,553,250
6,264,000
289,302
9,007,779
312,406
KAILEOAD MANUAL OF THE UNITED STATES.
Statement of funded debt in detail :
409
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Prineipal
Payable.
Authorized.
Outstanding.
1st Mortgage, Main Line
let Tunnel...
2d " Income...
April 1, 1871.
July 1,1871.
Jan. 1, 1875.
6 gold
6 gold
6 c'cy
Apr. and Oct.
Jan. and July.
t. tt
April 1, 1911.
Jan. 1, 1911.
Jan. 1, 1915.
$3,000,000
1,500,000
2,000,000
$3,000,000
1,500,000
1,764,000
The 1st mortgage bonds are coupon bonds, with sinking fund ; 2d mortgage are
registered.
Directors (elected June 6, 1877). — A. J. Cassatt and George B. Roberts, Philadel-
phia, Pa. ; William T. Walters, B. F. Newcomer and George Small, Baltimore, Md. ;
Eli J. Henkle, Anne Arundel Co., Md. ; Samuel Cox, Charles Co., Md.
ODEN BOWIE, President Baltimore. Md.
A. J. Cassatt, Vice- President Philadelphia, Pa.
Treasurer J. S. Leib.
Secretary and Auditor John Crowe.
General Manager Frank Thomson.
Superintendent.
Superintendent Motive Power G. W. Rhodes.
Purchasing Agent A. W. Sumner.
Freight Agent A. W. Nutt.
.G. C. Wilkins.
PRINCIPAL OFFICE AND ADDRESS Calvert Street, Baltimore, Md.
CONSOLIDATION COAL (Md.) COMPANY.
This company is the owner of 8,000 acres of the great vein coal lands of the Cum-
berland basin, and of the following lines of railroad :
Cumberland and Pennsylvania R. R. and branches to mines 38 miles.
Eckhart or Cumberland Division 14
Branch to Pennsylvania State Line 3
Total length of road owned and operated 55 miles.
The greater portion is laid with steel rails.
The operations of the coal and railroad company are reported together, and are
as follows for the year ending December 31, 1877 :
The tonnage of the Cumberland and Pennsylvania R. R. and branches was
1,549,646 against 1,718,853 tons for 1876.
Gross earnings, from R. R., mines, etc., $1,475,558.91; operating expenses (ex-
eluding interest and sinking fund, $235,960.11), $1,246,644.73; balance, net earnings,
$228,914.18. Payments : For interest on funded debt, $176,062.61 ; sinking fund,
$59,897.50— balance, deficit for year, $7,045.93.
The coal mined amounted to 348,385 tons.
410
RAILROAD MANUAL OF THE UNITED STATES.
The following table shows the product of the whole Cumberland coal field, and
of the mines of the Consolidation Coal Company for ten years :
Years.
Whole
Product.
Tons.
Consoli-
dation Co.
Tons.
Increase, Tons.
Whole
Product.
Consoli-
dation.
Years.
Whole
Product.
Tons.
Consoli-
dation Co.
Tons.
Increase, Tons.
Whole
Product.
Consoli-
dation.
1868.
1869.
1870.
1871.
1872.
1,330,443
1,882,669
1,717,075
2,345,153
2,355,471
183,477
256,790
383,707
505,527
504,132
552.226
*165,594
628,078
10,318
73,313
126,917
221,820
*1,385
1873
1874.
1875.
1876.
1877.
2,674,101
2,410,895
2,342,773
1,835,081
1,574,539
548,484 318,630
467,451 *263,206
448,923 ! *68,122
356,817 I *507,692
348,385 *260,542
44,352
*81,033
*19,528
*92,106
*8,432
* Decrease.
Financial Statement, December 31, 1877. — Capital stock not stated. Funded
debt, $2,825,500. Cash assets, $100,000. During the year $65,000 of funded debt
was paid.
Statement of funded debt in detail :
Character of Bonds.
Date of
Bonds.
<D Interest
"8 Payable.
Principal
Payable.
Author-
ized.
Out-
standing.
Consol. IstMort. S'k'g F'd (conv.atpar) Dec. 31, 1864. 7 J. and J. Jan. 1, 1885. $650,000 $383,000
C. C. and Iron 1st Mort. Sinking Fund.. Nov. 22, 1852. 6 " " [Jan. 1, 1879. 357,000 47,000
" " •' 2d Mortgage Jan. 15, 1869. 6 F. and A. I Feb. 1, 1879. 500,000 498,000
Wright Farm Mortgage 6 1890 135,000
Convertible Mortgage 1872. .. 1,250,000 363,000
Cumb. and Penn. R. R. 1st Mortgage 6 1891 803,500
2d " 6! 1888 596,000
Total amount of Bonds outstanding at date $2,825,500
The sinking fund (C. C. and Iron 1st mort.) provides for retiring, yearly to 1874,
),000 ; from 1874 to 1878, $40,000 ; and in 1879, $57,000.
Directors (elected February 20, 1878).— Wm. Whitewright, D. W. Bishop, G. B.
Warren, Jr., New York City ; R. Garrett, W. F. Burns, Galloway Cheston, W. F.
Frick, Wm. Donnell, D. H. Miller, John Gregg, Baltimore, Md.
CHARLES T. MAYER, President .Baltimore, Md.
Id Vice-Pres.—Jas. A. Millholland — Cumberland. Master Nech.—S. F. Van Horn Mt. Savage.
Sec. and Treas.—C. W. Keim New York. Gen. Ft. Agent— "R. J. Kenah u "
General Superintendent — J. B. Thomas Mt. Savage.
PRINCIPAL OFFICE AND ADDRESS 13 German St., Baltimore, Md.
Fiscal and Transfer Office 71 Broadway (cor. Rector St.), New York City.
DOKCHESTEK AND DELAWARE RAILROAD.
Line of Road.— Seaford, Del., to Cambridge, Md 33.67 miles.
Sidings and other tracks, 3.35 miles. Gauge, 4 feet Si inches. Rail, 50 Ibs.
The Dorchester Branch of the Delaware R. R., 5.67 miles, is sublet to this Co.,
making the length of the D. and D. R. R., 28 miles.
BAILROAD MANUAL OF THE UNITED STATES. 411
Rolling1 Stock. — Locomotive engines, 2. Other engines and cars are hired.
Operations for year ending October 31, 1873. — Passengers carried, 12,238;
Freight moved, 7,781 tons. Gross earnings, — passenger, $8,510.03 ; freight, $9,013.80 •
miscellaneous, $5,268.06— total, $22,791.89. Operating expenses, $16,310.93. Net
revenue, $6,480.96.
Financial Statement. — Not furnished. All later information refused.
W. WILSON BYRN, Pres-ident Cambridge, Md.
Secretary and Treasurer . . Thomas W. Anderson. | Engineer and Superintendent J. M. Murphy.
PRINCIPAL OFFICE AND ADDRESS Cambridge, Md.
EASTERN SHORE RAILROAD.
Line of Road. — Delmar (Delaware Line) to Crisfield, Md 38 miles.
Rolling' Stock. — Locomotive engines, 2. Cars — no statement.
Operations for year ending December 31, 1875. — No returns furnished. In 1870
(latest reported) the gross earnings were $76,771.71 ; and the operating expenses,
$51,451.92.
Financial Statement. — Capital stock, $295,000 ; funded debt, 1st mortgage 6 per
cent, bonds, due 1880, interest January and July, $400,000 ; and 2d mortgage 6 per
cent, bonds, due 1886, interest April and October, $180,000.
All later information refused.
GEORGE R. DENNIS, President Kingston, Md.
Secretary and Treasurer W. J. Brettingham. | Superintendent W. Thompson.
PRINCIPAL OFFICE AND ADDRESS 1 Princess Anne, Md.
KENT COUNTY RAILROAD.
Line of Road. — Massey's Junction, Md., to Chestertown, Md 21 miles.
Extension Worden, Md., to Parson's Md 8 "
Total length of railroad owned 29 miles.
At Massey's connection is made with the Townsend Branch of the Delaware
Railroad and the Smyrna and Delaware Bay Railroad, both of which are used in
operations. It was sold in foreclosure, February 16, 1877, and reorganized in Feb-
ruary, 1878. It is operated as a part of the New Jersey Southern System of roads.
The road is operated under lease to Fred. Gerker, who furnishes rolling stock. Fur-
ther information refused.
Drectors (elected February, 1878.)— Jay Gould and J. F. Bingham, New York, N.
Y. ; John L. Stam, R. Nicholson, and T. D. C. Ruth, Chestertown, Md. ; S. Cacey,
Massey's, Md. ; A. P. Sharpe, Baltimore, Md. ; Fred. Gerker, and C. M. Hurley,
Philadelphia, Pa.
JAY GOULD, President New "X ork, N. Y.
J. F. Bingham, Vice-President and Treasurer "
Secretary & Gen. Manager Fred. Gerker. | Auditor C. M. Hurley.
PRINCIPAL OFFICE AND ADDRESS. . , Chestertown, Md.
412 RAILROAD MANUAL OF THE UNITED STATES.
MARYLAND AND DELAWARE EAILEOAD.
Line of Road.— Oxford, Md., to Clayton, Del 53.75 miles.
Sidings and other tracks, 2.7 miles. Gauge, 4 feet 8? inches. Rail, 50 Ibs.
Chartered May 10, 1854, and completed in 1857. Separate decrees of foreclosure
and sale in favor of 1st mortgage bondholders were issued by the United States. Cir-
cuit Courts in Maryland and Delaware, and the road was sold in two lots, December
20, 1877, for $94,200. Bought in for bondholders.
Rolling Stock. — Locomotive engines, 3. Revenue cars — passenger, 3 ; baggage*
etc. , 1 ; and freight (box), 3, and platform, 3 — total revenue cars, 10. Service cars, 6.
Operations. — No reports obtained for several years. Information refused.
Financial Statement (before sale). — Capital stock, $500,000 ; funded debt, 1st
mortgage 6 per cent, bonds, due November 1, 1885, $850,000, and 2d mortgage 6 per
cent, bonds, $150,000. Total stock and bonds (representing cost of road), $1,500,000.
C. W. HUNTINGTON, President Boston, Mass.
Treasurer John W.Scott. | Superintendent «T. L. Caldwell.
PRINCIPAL OFFICE AND ADDRESS Easton, Md.
QUEEN ANNE AND KENT EAILEOAD.
Line of Road. — Massey's Junction, Md., to Centre ville, Md 36 miles.
Sidings, etc. , 2 miles. Gauge, 4 ft. 8-£ in. Rail, 50 Ibs.
At Massey's Junction this road connects with the branch of the Delaware Rail-
road extending from Townsend to Massey's Junction, which is also the terminus of*
the Kent County Railroad.
Rolling Stock. — Locomotive engines (3 leased, 1 owned), 4. Cars — passenger,
3 ; baggage, mail, etc., 2. All other cars in use on the road are furnished by the Phila-
delphia, Wilmington, and Baltimore Railroad Company.
Operations for year ending December 31, 1875. — Trains run, 35,850 miles. Pas-
sengers carried, 12,560 ; carried one mile, 175,850. Freight moved, 38,231 tons ;
moved one mile, 382,312 tons. Earnings, $31,589. Operating expenses, $27,279.
Net earnings, $4,310. Dividend, $3,927.
Financial Statement.— Capital stock, $315,000 ; funded debt, $269,000 ; floating
debt, $2,600— total, $586,600. Per contra : Cost of road and equipment, $351,000;
bonds, $31,000 ; materials on hand, $1,200. The bonds are 1st mortgage, 6 per cent.,
payable in 1880.
All later and other information refused.
J. T. BIBBS, President Centreville, Md.
Treasurer and Supt.—P. H. Irwin. Centreville, Md. | Sec.— J. E. Taylor Centreville, Md.
PRINCIPAL OFFICE AND ADDRESS Centreville, Md.
KAILROAD MANUAL OF THE UNITED STATES.
413
UNION (BALTIMOKE) KAILKOAD.
Line of Road. — Baltimore, Md., to Canton, Md 4.50 miles.
Sidings, etc., 2 miles. Gauge, 4 feet 8i inches. Rail, 56 and 60 Ibs.
Chartered in 1866 and road opened in 1873. It is used chiefly as a transfer be-
tween the railroads coming into Baltimore and the wharves at Canton.
Rolling' Stock. — None owned.
Operations for year ending May 31, 1877. — Cars of freight passed over the
railroad— grain, 14,262; petroleum, 3,660; coal, 5,551, 5,003— total, 28,476 cars.
[In 1875-76, the number passed was 18,568, and in 1874-75, 11,303 cars.] Gross earn-
ings—passenger, $40,763.95 ; freight, $61,398.22 ; other, $1,462.90— total, $103,625.-
07. Operating expenses, $32,515,87. Net earnings, $71,109.20. The company also
received from miscellaneous sources, $5,790.59 ; and expended for new work, etc.,
$4,537.21 ; net additional revenue, $1,253.38, making the total net revenue, $72,362.58.
General Balance (Canton Co.), May 31, 1877.
Union Railroad $2,526,021 66
Ground Rents 544,103 34
Improvements, etc 338,540 00
Assets of R. R. Co 517,844 84
Cash and Other Assets . . 126,119 44
$4,052,629 28
Bonds of R. R. Co $1,500,000 00
" of Canton Co 1,501,00000
Loans and Right of Way 659,946 00
Ground Rents 342,94684
Sundry Accounts.
58,846 17
$4,052,629 28
The Company have also real estate and other property, in addition to the above)
valued at $3,500,000. The stock of the R. R. Co. consists of 6,000 shares ($100 each,
of which the Canton Co. owns 5,940 shares.
Statement of funded debt in detail :
Classes of Bonds.
Date of
Issue.
p.c.
Interest
Payable.
Principal
Payable.
Author-
ized.
Out-
standing.
Annual
Charge.
Sterling (Canton)
1872
fi
Jan. and July
1904
$600,000
$578,000
$34,680
Mortgage (Canton), gold
1st Mort. (Union R. R.), cur. .
2d Mort. (Union R. R.), gold.
1874
1871
1873
6
6
6
Jan. and July
Jan. and July
May and Nov.
1904
1891
1900
2,500,000*
900,000
600,000
923,000
667,000
576,000
55,380
40,020
34,560
* Of which $700,000 is reserved to cover the bonds ($600,000) of 1872. The $900,000 bonds cover the
debt to the City of Baltimore ($117,000) assumed by the Union Railroad Company.
Directors (elected June 13, 1877).— Charles J. Baker, George S. Brown, William
G. Harrison, Charles Weber, and Walter B. Brooks, Baltimore, Md. ; and Abr. B.
Baylis, William Mertens, James B. Colgate, and George F. Stone, New York, N. Y.
CHARLES J. BAKER, President of Canton Company Baltimore, Md.
WM. G. HARRISON, President of Union JR. R. Company
Secretary and Treasurer William W. Janney. | General Manager J. C. Wrenshall .
PRINCIPAL OFFICE AND ADDRESS. . Baltimore, Md.
414
RAILKOAD MANUAL OF THE UNITED STATES.
WESTEEN MAEYLAND EAILEOAD.
Line of Road.— Baltimore, Md., to Williamsport, Md 90 miles.
Operated : Emmittsburg R. R 7
Total length of line owned, leased, and operated 97 miles.
Sidings, etc., 10 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
The Western Maryland R. R. Co. was chartered May 27, 1852, under the name of
the Baltimore, Carroll and Frederick R. R., and the present title given March 21,
1853. Only 18 miles of the road were completed in 1860, and it was opened through
December 18, 1873. In 1876, it was extended to the Hillen Station in Baltimore.
The company also uses 3 miles of the Northern Central R. R. in Baltimore, and
uses the Hillen Station, owned by the city, for $16,000 per year. The operations of
the Emmittsburg R. R. are not included.
Rolling Stock. — Locomotive engines, 12. Cars — passenger, 26 ; baggage, mail
and express, 8 ; and freight (box, 112 ; platform, 75 ; stock, 10 ; other, 33), 230. Total
revenue cars, 264. Also, 43 service cars and 6 leased passenger cars.
Operations for year ending September 30,. 1877. — Trains run, 378,196 miles.
Passengers carried, 339,111 ; carried one mile, 6,582,241. Freight moved, 131,367
tons ; moved one mile, 4,692,089 tons.
Earnings.
From Passengers $136,66227
" Freight and Express 183,404 27
" Mail, etc 12,01933
$332,085 87
Expenditures.
For Maintenance of Way $45,318 51
" Rolling Stock 37,59358
" Transportation, etc 137,028 48
$219,940 57
Balance — net earnings (33.77 per cent.), $112,145.30.
The income account, as given by the Treasurer, gives gross receipts from all
sources as $333,402.63; operating expenses, $197,291.86; balance, $136,110.77, out of
which were paid $103,799.37 for interest, construction, etc. — leaving a surplus, after
all payments, of $32,311.40.
The funded coupon debt, October 1, 1877, was $175,271 ; sinking fund, $166,020.59.
General Balance, September 30, 1877.
Construction Account $4,469,006 51 j Capital Stock, Subscriptions $663,632 73
Discount and Sinking Fund 78,500 00 Funded Debt ... ... 3,675,000 00
Sundry Accounts 9,804 50
Cash and Balance 25,458 89
Sundry Accounts 22,979 71
General Revenue. . . .... 200,857 41
$4,582,769 90 $4,582,769 90
No change «f note has been made in the capital account during the year.
Abstract of operations and general balances for five years :
Years.
Miles.
R. R.
Train
Miles.
Passen-
• gers.
Freight.
Gross
Earnings.
Net
Earnings.
Capital
Stock.
Bonds.
CostofR.R.
1872-73 .
86
288,673
149,603
$218,384
$26,301
$683 243
$3 675,000
$4,217,959
1873-74.
1874-75.
1875-76.
1876-77.
90
90
90
90
335,305
354,062
369,492
378,196
255,392
309,245
342,566
339,111
90,879
106,798
112,690
131,367
277,792
293,718
311,903
332,086
83,350
99,298
96,346
112,145
6&3,243
683,833
683,833
683,833
3,675,000
3,675,000
3,675,000
3,675,000
4.266,221
4,342,150
4,484,584
4,469,007
EAILKOAD MANUAL OF THE UNITED STATES.
415
It is intended ultimately to extend this road, by aid of lines now in progress,
Chambersburg, Skippensburg and Harrisburg.
Statement of funded debt in detail September 30, 1877:
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal
Payable.
Amount
Outstanding
1st Mortgage
Jan. 1, 1860
6
Jan. and July
Jan. 1, 1890
$600,000
2d "
Jan. 1, 1860
6
« u
Jan. 1, 1890
600 000
gd. " preferred
Jan. 1, 1868
6
u u
Jan. 1, 1895
600,000
3d " indorsed by Baltimore. . .
4th " City stock
Jan. 1, 1870
6
6
U U
(( U
Jan. 1, 1900
Jan. 1, 1900
875,000
1,000,000
$200,000 of the 1st mortgage bonds, and $300,000 of the 2d, are indorsed by the
City of Baltimore, and the remaining $300,000 of the 2d by the County of Washington.
The 4th mortgage bonds for $1,000,000 were exchanged for City of Baltimore
stock to the same amount.
$175,271 funded coupons, due in 1880, are not included in the above statement.
Directors (elected October 17, 1877). — Samuel H. Adams, Christian Devries, N.
G. Penniman, J. A. Preston, Daniel J. Foley, E. G. Hipsley, Alex. Rieman and Wm.
Seemuller, Baltimore; Joshua Biggs, Frederick County; G. W. Harris, Isaac Hotter,
and John Welty, Washington County , and John K. Lougwell, Carroll County.
JOHN M. HOOD, President and General Manager Baltimore, Md.
Alexander Rieman, Vice- President " "
Sec. and Treas. — John S. Harden .. Baltimore, Md.
Aud. & Gen. Agt.—B. H. Griswold
Assist. Manager — Charles Webb Baltimore, Md.
Mast, of Mack. — Wm. Lannan.. Union Bridge, "
PRINCIPAL OFFICE AND ADDRESS Baltimore, Md.
EMMITTSBUKG EAILKOAD.
This road runs from Rocky Bridge to Emmittsburg, 7 miles, and was opened for
business November 22, 1875.
It is operated by the Western Maryland R. R. Co. at the actual cost of opera-
tions, the net earnings going to the company.
No statement of cost or operations furnished.
Officers. — Same as Western Maryland R. R. Co.
WICOMICO AND POCOMOKE KAILEOAD.
Line of Road.— Salisbury, Md., to Berlin, Md 23 miles.
Sidings and other tracks, 2 miles. Gauge, 4 feet 8i inches. Rail, 40 Ibs.
Rolling1 Stock. — Locomotive engines, 2. Cars— passenger, 5; baggage, mail and
express, 1 ; and freight, 22 — total, 38.
416 RAILROAD MANUAL OF THE UNITED STATES.
Operations for year ending April 30, 1871. — Gross earnings, $23,059.61, Oper-
ating expenses, $14,203.92. Net revenue from operations, $8,855.69.
All later information refused.
Financial Statement. — Capital stock, $160,000 ; 1st mortgage 6 per cent, bonds,
due July 1, 1888, $200,000 ; and floating debt, $10,000— total stock, bonds and debt,
$370,000. Per contra : Cost of road and rolling stock, $375,000.
H. R. PITTS, President Berlin, Md.
Secretary— R. J. Henry Berlin, Md. | Road Master— &. McMullan Berlin, Md.
PRINCIPAL OFFICE AND ADDRESS Berlin, Md.
WOBCESTEK RAILBOAD.
Line of Road.— Shelby ville (Del. line) to Franklin City, Md. 36 miles.
Sidings and other tracks, 1.8 mile. Gauge, 4 feet 8 incb.es. Rail, 50 Ibs.
Boiling Stock. — Locomotive engines, none. Cars — passenger, 3 ; postal, 2 ; bag-
gage, 2 ; and freight, 28 (viz. : box, 10 ; stock, 6 ; and platform, 12).
Operations for year ending December 31, 1876. — No returns furnished.
Financial Statement, December 31, 1876. — Capital stock (representing cost of
road), $800,000. No bonds.
All later information refused.
GEORGE W. BISHOP, President Snow Hill, Md.
Secretary Thomas D. Purnell. | General Superintendent John L. Mapes.
PRINCIPAL OFFICE AND ADDRESS Snow Hill, Md.
WOKCESTEK AND SOMEKSET KAILBOAD.
Line of Road. — Newtown Junction, Md., to Newtown, Md. 9 miles.
Sidings, 0.5 mile. Gauge, 4 feet 8| inches. Rail, 50 Ibs.
This road connects at Newtown Junction with the Eastern Shore R. R. of Maryland.
Boiling Stock. — Not reported.
Operations for year ending October 31, 1876. — Not reported. Earnings from all.
sources, $11,728.90. Operating expenses, $7,977.11 ; net earnings, $3,751.79. Pay-
ments— interest on funded debt, $3,247.80; balance, surplus, $503.99.
Financial Statement.— Capital stock, $100,000; funded debt, $50,000, repre-
senting cost of road and equipment. The funded debt consists of 1st mortgage 6 per
cent, gold bonds, due July 1, 1891.
All later information refused.
WILLIAM PAINTER, Lessee. ., Philadelphia, Pa.
Superintendent— Geo. A. Rham.. Philadelphia, Pa. | Gen. Ticket Agt.— J. V. P. Biseett.. Newtown, Md.
General Freight Agent— W. S. Ward Newtown, Md.
PRINCIPAL OFFICE AND ADDRESS , Philadelphia, Pa.
RAILROAD MANUAL OF THE UNITED STATES.
417
OF WEST
Area, 23,000 square miles. Population, 486,215. Assessed valuation, $147,319,671,
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Track.
Length of Lines.
Total.
W. Va.
1.
; 2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
Baltimore and Ohio
. [Maryland
Ft. In.
4:8*
4:8*
4:8*
4:8*6
4:8^
4:8*
4:9
3:
4:9*
4:9
4:8*
4: 8*
M.
432.60
1.60
103.50
1.40
434.60
7.00
11.80
9.00
200.40
24.00
32.00
32.00
M.
241 40
1 60
103 50 '
1.40
205.92
7.00
11.80
9.00
7.10
24.00
14.00
21.00
Benwood Bridge (B and O.)
<«
Parkersburg Branch (B and O.). . .
i <
Parkersburg Bridge (B. and O.). ...
«
. .[Virginia
Laurel Fork and Sand Hill
Martinsburg and Potomac (Cumb. Valley). . [Pa.
Pennsboro' and Harrisville
Pittsburg, Cincinnati and St. Louis.
Pittsburg, Wheeling and Kentucky
Wheeling, Pittsburg and Baltimore
Winchester and Potomac
[Ohio
T
(B. &0.)..
. . [Virginia
Total Length
1,267.90
637.72
LAUREL FOBK AND SAND HILL KAILROAD.
Line of Road. — Laurel Fork Junction (B. & 0. R. R.) to Volcano, W. Va. 5 miles.
Branch line : Mt. Farm Junction, W. Va., to Coal Bank, W. Va 2
Total of all lines owned and operated by company 7 miles.
Sidings and other tracks, 0.5 mile. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
Rolling1 Stock. — Locomotive engines, 2. Passenger car, 1 ; and freight (platform)
cars, 4 — total revenue cars, 5.
Leased September 1, 1877, to West Virginia Transportation Company, and state
ment of operations refused.
Ten per cent, dividends are paid on stock.
27
418 BAILEOAD MANUAL OF THE UNITED STATES.
Financial Statement, December 31, 1877.— Capital stock, $163,600. Cost of
road, $153,123.64, and of rolling stock, $123,487.
Directors (elected September 25, 1877).— W. C. Stiles, Jr., Volcano, W. Va.; and
J. P. Steiner, H. A. Stiles, B. F. Huddy, and J. N. Piersol, Philadelphia, Pa.
W. C. STILES, Jr., President Volcano, W. Va.
Treasurer— H. A. Stiles Philadelphia. | Secretary— F. H. Williams Philadelphia.
PRINCIPAL OFFICE AND ADDRESS Volcano, W. Va.
Philadelphia Office No. 10 Merchant's Exchange.
PENNSBOKO' AND HAKKISVILLE BAILBOAD.
Line of Road. — Pennsboro', W. Va., to Harrisville, W. Va 9 miles.
Sidings, 0.25 mile. Gauge, 3 feet. Rail, 30 Ibs.
This road was opened in 1876, but no report of its operations or financial condi-
tion is furnished.
Officers^ etc., not reported.
PRINCIPAL OFFICE AND ADDRESS Harrisville, W. Va.
PITTSBUEG, WHEELING AND KENTUCKY EAILEOAD.
Line of Road.— Junction,'(P. C. & S. L. Ry.) W. Va,, to Wheeling, W. Va. 24 miles.
Sidings, 1 mile. Gauge, 4 feet 9 inches. Rail, 56 Ibs.
This road was opened toward the close of 1877, and is operated in connection with
the Pittsburg, Cincinnati & St. Louis Railway.
No report of its operations or financial condition is furnished.
Directors (elected March 29, 1878).— C. D. Hubbard, H. G. Lazear, John McClure,
M. Reilly, Wheeling, W. Va.; Wm. Shaw, Pittsburg, Pa.
C. D. HUBBARD, President Wheeling, W. Va.
•Sec.—J. M. Belleville Wheeling, W. Va. | Treas.—W. H. Barnes Pittsburg, Pa.
PRINCIPAL OFFICE AND ADDRESS Wheeling, W. Va.
RAILROAD MANUAL OF THE UNITED STATES.
419
OF VIRGINIA
Area, 38,348 square miles. Population, 1,472,319. Assessed valuation, $321,217,488.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Tracks.
Length of Lines.
Total.
Virg.
1 Alexandria and'Fredericksburg
Ft. In.
4:9
5:
4:8*
4:8^
3:
4:8^
5:
4:8*
3:
5:
4:8^
4:8*
5:
4:8*
4:8;*
4:8*
4:8*
4:8*
4 :8*
4:8*
M.
32.40
428.00
21.00
434.60
8.00
82.00
48.50
1.70
38.50
150.67
81.25
24.83
40.97
80.00
49.13
25.78
51.75
288.37
32.00
19.00
M.
32.40
428.00
21.00
228.68
5.00
71.31
6.00
1.70
38.50
150.67
81.25
24.83
40.97
60.00
49.13
25.78
51.75
288.37
11.00
19.00
3 Bright Hope (Clover Hill)
5 Milton and Sutlierlin.
7 Piedmont (R and D.)
8 Potomac (R., F. and P.)
9 Potomac Fredericksburg and Piedmont
10 Richmond and Danville
11 Richmond Fredericksburg and Potomac
12 Richmond and Petersburg
13 Richmond York River and Chesapeake
14 Seaboard and Roanoke
15. Strasburg and Harrisonburg (B. and O.)
16 Valley
17 \Vashin(rton and Ohio
18. Washington City, Virg. Midi, and Great S'th'n.
19 Winchester and Potomac (B. and 0.)
20 Winchester and Strasburg (B. and O.)
Total Length
1,945.12
1,635.34
ALEXAKDKIA AND FBEDERICKSBUKG KAILKOAD.
Line of Road.— Long Bridge, Va., to Quantico, Va 32.4 miles.
Sidings and other tracks, 1.62 miles. Gauge, 4 feet 9 inches. Rail 56 Ibs.
Chartered February 3, 1864 ; and opened for traffic July 2, 1872. Possession
420 EAILROAD MANUAL OF THE UNITED STATES.
taken by mortgage trustees December 5, 1872, and since operated by tlieir agents.
To be sold under foreclosure June 1, 1878, and reorganized.
Rolling Stock.— Locomotive engines, 4. Revenue cars— passenger, 7 ; baggage,
mail and express, 2 ; and freight, 21 — total, 30.
Operations for year ending September 30, 1877.— Trains run— passenger, 70,489 ;
and freight, 15,575— total, 86,064 miles. Passengers carried, 332,724; carried one
mile, 2,918,912. Freight moved, 54,661 ; moved one mile, 715,601 tons.
O-ross Earnings.
From Passengers $75,624 08
" Freight, etc 34,02138
$109,645 46
Expenditures.
For Maintenance of Way $37,559 88
" Transportation, etc 53,63562
$91,195 50
Balance— net earnings (16.83 per cent.), $18,449.96. Interest paid, $6,995 55 ;
other expenses, $467.41.
Financial Statement (September 30, 1877).— Capital stock, $1,000,000; funded
debt, 1st mortgage 7 per cent, gold bonds, dated June 1, 1866, and payable June 1,
1896, $1,000,000; floating debt, $174,756.70; and trustee's debt for preservation of
property, $43,504.47— total liabilities, $2,218,261.17. Per contra: Cost of road and
equipment, $2,165,247.06; and balance, profit and loss, $53,014.11 — total resources,
$3,218,261.17.
GEORGE B. ROBERTS, President Philadelphia, Pa.
Treasurer and Secretary Albert Hewson. Superintendent and Agent for Trustees— G. C.
Wilkins.
PRINCIPAL OFFICE AND ADDRESS. .No. 233 South Fourth St., Philadelphia, Pa.
ATLANTIC, MISSISSIPPI AND OHIO KAILEOAD.
Line of Road.— Norfolk, Va., to Bristol, Tenn 408 miles.
Branches, named below 20 "
Total length of line owned and operated 428 miles.
Sidings, 32.75 miles. Gauge, 5 feet. Rail, 56, 60 and 64 Ibs.
Organized by the consolidation, November 12, 1870, of the Norfolk and Peters-
burg, the South Side, and the Virginia and Tennessee R. R. Cos. Included in the act
of consolidation was also the Virginia and Kentucky R. R., which has never been built.
The Norfolk and Petersburg R. R. Co. was chartered March 15, 1851 ; construc-
tion was commenced in 1854, and the road — Norfolk to Petersburg (81 miles) — com-
pleted near the close of 1857. Cost to September 30, 1870, $2,607,142.69.
The South Side R. R. Co. was chartered March 5, 1846 ; and the main line — Pe-
tersburg to Lynchburg (123 miles) — completed in November, 1854. City Point Branch,
10 miles, built under charter of Appomattox R. R. Co., was sold in foreclosure to the
City of Petersburg, and purchased from the City by the South Side R. R. Co. Cost
of South Side R. R. to September 30, 1870, $4,640,431.21.
The Virginia and Tennessee R. R. Co. was chartered March 6, 1849 ; and the road
opened through — Lynchburg to Bristol (204 miles) — in the spring of 1857. Salt Works
RAILROAD MANUAL OF THE UNITED STATES.
421
Branch, 10 miles, was built in 1857 by a separate corporation, and purchased by this
company. Cost of R. R. to September 30, 1870, $8,401,092.24.
The Virginia and Kentucky R. R. — Bristol to Cumberland Gap (100 miles) — was
a State work, and large sums have been expended for grading, masonry, etc. This
was relinquished to the A., M. and O. R. R. Co. under the consolidation act, on con-
dition that the road should be completed in six years from the date of the act. For
the construction of this line, $4,000,000 of consolidation bonds are held in trust.
In all these works, the State of Virginia owned a controlling interest. Under the
act of consolidation, they were sold to the A., M. and O. R. R. Co. for $4,000,000,
secured by second mortgage on the whole property, ihe first mortgage thereon never
to exceed $15,000,000; these bonds to receive no interest before July 1, 1880, and
from that date 6 per cent, per annum. Final payment to be made in annual install-
ments of $500,000 each ; the first payment during -the year 1885. These payments,
at the option of the company, to be paid in State bonds.
In 1873 the company made default in the interest on the bonds, but subsequently
paid half the current coupons. In October, 1875, interest on consolidated bonds was
not paid. On June 13, 1876, the property passed into the hands of receivers. The
sectional bond-interest has been paid under orders of court, and the interest on the
funded coupons has also been paid.
Rolling Stock. — Locomotive engines, 85. Revenue cars — passenger, 35 ; baggage,
mail and express, 17 ; and freight, 989 (viz.: box, 480; platform, 315; stock, 148;
and other, 46) — total revenue cars, 1,041. Service cars, 50. Locomotives — in 1871,76 ;
in 1872, 78 ; in 1873, 84 ; and in 1874, 1875 and 1876, 87 ; in 1877, 85. Revenue cars
—in 1871, 816 ; in 1872, 938 ; in 1873, 1,118 ; in 1874, 1875 and 1876, 1,023; in 1877,
1,041.
Operations for year ending September 30, 1877. — Trains run — passenger, 400,-
663; freight, 796,104; other, 212,390— total, 1,409,157 miles. Passengers carried,
151,736 ; carried one mile, 9,531,442. Freight moved, 339,473 ; moved one mile,
67,531,874 tons.
Earnings.
From Passengers $341,506 06
" Freight 1,322,676 48
" Mail and Express 98,64376
Miscellaneous 28,752 83
$1,791,579 13
Expenditures.
For Maintenance of Way $413,306 50
" Rolling Stock 178,437 65
" Transportation 476,469 56
Miscellaneous . . , 122,832 23
$1,190,946 04
Balance, net earnings, $600,633.09. Included in operating expenses are taxes,
1,218.13. Payments shown in income account.
Income account year ending September 30, 1877.
Receipts.
Balance turned over $64,919 36
Receipts from Operations 1,791,579 13
Receiver's Notes 153,438 34
Miscellaneous 61,904 36
$2,071,841 19
Disbursements.
Operating Expenses $1,190,946 04
Interest 342,982 12
Renewals, Loans, etc 486,961 71
Balance, Cash on hand.
50,951 32
$2,071,841 19
422
Abstract of operations, earnings, etc., for seven years :
1870-71.
1871-72.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
Train Miles
1,271,706
1,429,137
1,497,953
1,267,835
1,271,134
1 366 697
1 409 157
Passengers Carried
Carried One Mile
' 203,392
12,973,583
232,515
13,245,066
247,627
12,656,443
208,055
10 894,391
188,199
10,671 980
313,757
13 616 924
151,736
9 531 442
Freight (tons)
489,800
305,753
411,816
322,409
307,408
328 016
339 473
Moved One Mile
48,751,569
53,129,661
47,992,368
54,640 593
55 982 364
60 610 288
67 531 874
Passenger, Earnings. . ,
$
507,078
$
472,505
I
464,634
1
385,806
$
375,655
$
370 712
$
341 506
Freight, "
1,307,912
1,385,235
1,588,395
1,324,296
1,249,607
1 217 195
1 322 676
Miscellaneous "
110,438
111,312
140,726
115,240
157 191
154 343
J27 397
Gross Earnings
1,925,428
.1,969,053
2,193,757
1,825,343
1,782,453
1 742 251
1 791 579
Operating Expenses
1,288,290
1,234,725
1,270,722
1,097,723
1,108,947
1,201,712
1,191,946
Net Earnings
637,137
734,327
923,035
727,619
673,505
540 538
600633
Proportion of Expenses
64.91 p.c.
62.71 p.c.
57.93 p.c.
60.13 p.c.
62.22 p.c.
68.98 p.c.
66.47 p.c.
The current liabilities, June 30, 1877, amounted to $294,813.54, against which
the Receivers held, in dues and assets, $226,641.12, leaving excess of liabilities
$68,172.42.
Financial Statement, September 30, 1877. — No general balance sheet is given
since June 30, 1876. The amount of bonds on hand June 30, 1877, was $441,000, and
outstanding as collateral, $443,500— total, $884,500. There has been no change in
capital stock during the last seven years (except an addition of $200,000 to the ordinary
in 1876), which is as follows : ordinary, $6,045,700 ; preferred, $800,000 ; guaran-
teed, $276,200— total, $6,921,900.
Abstract of general balances for six years (September 30) :
1871.
1872.
Total Capital Stock
Funded Debt
2d Mortgage (to State)
State Claims for Loans, etc.
Bills Payable
Interest
Revenue for year
Profit and Loss. . .
Total Liabilities.
Construction
Interest
Profit and Loss, etc.. . .
Stocks, Claims, etc...
Current Expenses
Cash and other Assets.
6,921,900 00
5,493,008 11
4,000,000 00
1,964,230 39
2,307,292 57
45,978 85
1,925,428 05
3,412,248 15
6,921,900 00
10,889,842 79
4,(lOO,000 00
1,964,230 39
622.20738
383,186 19
1,969,053 06
2,469,951 24
1873.
1874.
6,921,90000
10,483.295 04
4,000,000 00
1,964,230 39
1,203,410 89
208,733 58
2,193,757 39
2,435,933 89
Total Property and Assets 2(5,070,086 12 29,220,371 05 29,411,261 18 29,027,061 39 29,420,377 87 29,564,469 74
6,921,900 00
10,599,234 99
4,000,000 00
1,964,230 39
928,519 29
359,937 34
1,825.34331
2,427.896 07
1875.
1876.
6,921,900 00
10,573,481 16
4,noo,ooo oo
1,964,230 39
1,076,355 54
474,097 22
1,782,453 43
2,427,860 13
7,121,90000
10,565,800 35
4,000,000 00
1,964,230 39
746,818 55
995,609 17
1,742,251 15
2,427,860 13
26,070,086 12 29,220,371 05 29,411,261 18 29,027,061 39 29,420,377 87 29,564,469 74
II -l
16,607,175 34 17,765,913 88 19,038,905 40 19,178,715 57 19,374,408 02 19,396,206 18
390,90245 961,4,3521 756,88829 779.38945 754,52877 710,82524
539,35928 749,59402 665^910 60 915,52237 1,034,68202
6,371,13039 6,371,13039 6,371,13039 6,371,13039 6,371,13039 6,371,13039
1,288,29070 1,234,72514 1,279,72222 1,097,72348 1,108,947 6*i 1,201,71223
1,412,58724 2,347,80715 1,215,02086 934,19190, 885,97049 849,91368
BAILKOAD MANUAL OF THE UNITED STATES.
Statement of funded debt in detail September 30, 1877 :
423
Classes of Bonds.
Date of
Issue.
Date of
Maturity.
|ci
da
Interest Payable.
Amount of
Bonds.
Annual
Interest.
Consol. 1st Mort. (gold) for
$15,000,000
Oct. 1, 1871.
j Apr. V74.
•j Jan. 1,'74.
Jan. 1, 1857.
tt («
July 1, 1863.
( Jan. 1,'69.
J u
I II U
Jan. 1, 1852.
Jan. 1, 1853.
July 1, 1854.
Mar. 1, 1860.
Jan. 1, 1866.
July 1, 1860.
" 1866.
)ebt Septeml
Oct. 1, 1901.
Apr. 1, 1875.
Jan. 1, 1879.
Jan. 1, 1877.
tt tt
July 1, 1893.
Jan. 1, '84-90.
it »t
" '86-60.
" 1862.
Jan. 1, 1873.
July 1, 1884.
Mar. 1, 1900.
Jan. 1/71-75.
July 1, 1880.
" 1886.
•er 30, 1876 .
?g"
7
8
7
8
8
6
6
6
6
6
8
8
8
6
April 1 and Oct. 1.
April land Oct. 1. »
Jan. 1 and July 1. )
Jan. 1 and July 1.
It ft
u <t
Jan. 1 and July 1.
it («
K <t
u it
Jan. 1 and July 1.
u it
Mar. 1 and Sept. 1.
Jan. 1 and July 1.
u it
u <t
$
5,470,000 00
137,432 12
306.00000
157.000 00
458,00000
684,00000
621,000 00
452,80000
3,40000
5,00000
990,00000
969,00000
84,190 73
226,90000
50000
$
382,90000'
9,620 25
24,48000
10,99000
36,64000
54,72000
37,260 00
27,16800
20400
30000
59,40000
77,520 00
6,735 26
18,152 00
3000
Interest Funding Notes
Norfolk and Petersburg U.S. ;
1st Mortgage. ..
1st " .
3d "
South Side JR. B. :
1st preferred |Congolidated
3d « j 1st Mortgage.
Old 3d Mortgage
"Virginia and Kentucky It. JR.:
1st Mortgage
Enlarged Mortgage
4th Mortgage
Registered Certificates
Interest Funding Bonds . .
Income Mortgage
Total Amount of Funded I
10,565,222 50
746,119 51
The average rate of interest on the whole funded debt is 7.06 per cent.
Directors (elected December 15, 1876).— R. C. Taylor, Norfolk, Va.; J. A. John-
ston, and J. H. Claiborne, Petersburg, Va.; H. E. Warren, Farmville, Va.; C. W.
Stratham, and Thomas S. Bocock, Lynchburg, Va.; Win. Watts, Roanoke Co., Va. ;
J. A. Walker, Pulaski Co., Va.; and A. Fulkerson, Bristol, Tenn.
WILLIAM A. MAHONE, President ................. Lynchburg, Va.
Charles L. Perkins, \
Henry Fink, \
I New York City, N. Y.
-j Lynchburg> y£.'
Treasurer— James E. Cuthbert,... Lynchburg, Va.
Secretary— N. M. Osborne Petersburg, "
Auditor— E. E. Portlock Lynchburg, "
Cashier — M. C. Jameson " "
Storekeeper— J . P. Minetree Petersburg, ' '
M. 2V7wr.(N.&P.&S.S.)N.M.Osborne,Petersb'g,Va.
M. Trans. (V. & T.)— Frank Huger, Lynchb'g, '
Road Sunt. — George Hoffman Petersb'g, "
Matter Machinery— J . T. Robinett. . "
Master Machinery— Frank Stark... Lynchb'g, "
PRINCIPAL OFFICE AND ADDRESS Lynchburg, Va.
BEIGHT HOPE KAILWAY.
Line of Road. — Winterpock, Va., to Osborne Landing, Va 21 miles.
Sidings and other tracks, 2 miles. Gauge, 4 feet 8£ inches. Rail, 50 Ibs.
This railroad was built by the Clover Hill Coal Mining Co. in 1853, and sold in
foreclosure April 26, 1877, for $45,200. It was bought by holders of the company's
bonds, who organized this company, June 10, 1877. The railroad is chiefly used for
coal transportation.
Rolling Stock. — Locomotive engines, 1. — Passenger car (2d class), 1 ; and
freight, 42.
424 BAELKOAD MANUAL OF THE UNITED STATES.
Operations from June 10 to September 80, 1877. — Gross earnings, $2,104.59;
operating expenses, $1,620.07. Net earnings, $484.52.
Financial Statement, September 30, 1877.— Capital stock, authorized, $125,000 ;
subscribed, $110,000; and paid in, $105,000. Per contra: Railway, $27,117, and
rolling stock, $12,000 ; balance used in mining operations, $65,883.
JAMES H. YOUNG, President New York City.
Franklin Stearns, Vice- President Richmond, Va.
Treasurer and Superintendent .... James K.Werth. | Secretary ..F. C. Weisiger.
PRINCIPAL OFFICE AND ADDRESS Richmond, Va.
CHESAPEAKE AND OHIO KAILEOAD.
Line of Road. — Richmond (Deepwater), Va., to Huntington, W. Va. 427.79 miles.
Branches, named below 6.81 "
Total length of railroad owned and operated. 434.60 miles.
Sidings, etc., 77.65 miles. Gauge, 4 ft. 9 in. Rail (steel, 59.25 m.), 56 and 60 Ibs.
This is a consolidation of the Virginia Central and the Covington and Ohio
railroads. The Virginia Central R. R. Co. was chartered as the Louisa R. R. Co.
February 18, 1836, and built the road from Hanover Court House to Louisa, 36 miles.
The extension to Richmond and westward to Covington was completed in 1867, mak-
ing the line operated 205.44 miles, of which the Blue Ridge Railroad, owned by the
State, made 16.81 miles. The Covington and Ohio R. R. Co. subsequently chartered,
was essentially a State work, and upwards of $3,200,000 had been expended on it up
to 1861, when further operations ceased until, under the present name, the work
was recommenced in 1868, and the road was opened for through business March 1,
1873. The extension to deep-water below Richmond (6.68 miles) was completed in
December, 1873, and the branches Lowmoor, 2.18; Quinnimont 1.5 ; Coal River, 1.33 ;
and Morris Creek, 1.81 miles, were successively opened in 1871, 1873, 1874 and 1877.
In 1873 the company made default in payment of their November coupons, and a
Receiver was appointed October 9, 1875. The road was sold under foreclosure April
2, 1878, for $2,750,000 under the plan for reorganization as published in the MANUAL
1876-77.
Boiling- Stock. — Locomotive engines, 77. Revenue • cars— passenger, 29 ; sleep-
ing, 4 ; officers', 1 ; baggage, mail, and express, 16 ; and freight (box, 730 ; coal (8-
wh.), 693, and (4-wh.), 252 ; gondola, 190 ; conductors', 50 ; stock, 86 ; coke, 11 ;
platform, 142), 2,154; total revenue cars, 2,203. Service cars — paymaster, 1;
derrick, 4 ; shanty, 58 ; and gravel flats, 137.
Operations for year ending September 30, 1877. — Trains run — passenger, 515,525;
freight, 1,390,964 ; other, 106,458 ; total, 2,012,947 miles. Passengers carried— West,
79,449, and East, 81,105 ; total, 160,554; carried one mile, 8,910,238. Freight moved
—West, 116,996, and East, 354,664; total, 471,660 (through 71,009) tons; moved one
mile, 116,948,585 tons. Forest products, 43,985 ; mine, 272,311 ; animal, 26,029 ; veg-
etable food, 32,107 ; other agricultural products, 21,539 ; manufactured tobacco, 3,-
772; merchandise, 25,871 ; and miscellaneous, 45,051 ; total, 471,660 tone.
RAILROAD MANUAL OF THE UNITED STATES.
425
Earnings.
From Passengers $358,672 98
" Freight 1,285,18451
" Express and Mail 50,18847
Miscellaneous'.
8,486 79
Expenditures.
For Maintenance of Way $447,170 40
" Rolling Stock 252,32524
" Transportation 644,977 28
Miscellaneous 24,951 94
$1,702,532 75
Balance — net earnings (19.93 per cent.)
and equipments, tlie foreclosure suits, etc.
Abstract of operations, etc., for seven years :
$1,363,224 86
,307.80, expended in construction
1870-71.
(228m.)
1871-72.
(283m.)
1872-73.
(318-m.)
1873-74.
(433m.)
1874-75.
(433 m.)
1875-76.
(433m.)
1876-77.
(433 m.)
Passenger Train Miles
171 870
224908
386,307
545,124
622,398
515,525
Freight Train Miles
133032
154,839
479,671
805,260
1,145,218
1,390,964
Passengers Carried
133,427'
141,873
220,601
221,175
188,257
189,950
160.554
" Carried One Mile.
Freight (tons) Moved
6,956,884
99,596
7,623,420
115,473
10,630,772
248,226
11,552,189
306,465
11,132,241
359,569
9,737,982
415,452
8,910,238
471,660
" (tons) Moved One Mile
8 005 450
9 222,242
32 398,683
60 264,195
97,901,135
116,948,585
Earnings from Passengers. .
" " Freight
$
313,975
421,904
$
340,977
393,202
$
449,488
710,385
$
453,377
950,312
$
409,627
993,862
$
365,865
1,177,942
$
358,673
1,285,184
" Exp., Mail, etc.
33,386
43,454
50,636
56,501
55,700
55,705
58,675
Gross Earnings
Operating Expenses
769,265
479,257
777,633
488,687
1,210,509
879,700
1,460,190
1,214,340
1,459,189
1,112,321
1,599,512
1,243,036
1,702,533
1,363,225
Net Earnings
290,008
288,946
330.809
245,850
346,868
356,476
339,308
Gross Earnings per Mile —
Oper. Expenses " " ....
$3,373 97
2,102 00
$2,747 82
1,726 81
$3,806 63
2,766 35
$3,372 26
2,804 48
$3,369 95
2,568 87
$3,694 02
2,870 75
$3,931 94
3,148 32
Net Earnings " " ....
Prop, of Expenses
$1,271 96
62.30 p.c.
$1,021 01
62.84 p.c.
$1,040 28
72.67 p.c.
$567 78
85.73 p.c.
$801 08
76.20 p.c.
$823 27
77.71 p.c.
$783 62
80.07 p.c.
General Profit and Loss Account.
Receipts from Operations $23,143,967 09
" from Rents of Lands,Houses,etc. 27,007 45
" " General Account 234,943 95
$23,405,918 49
Transportation Expenses $17,133,339 61
Interest 4.949,897 58
Dividends... 1,322,681 30
$23,405,918 49
General Balance, September 30, 1877.
Construction
Richmond to Cov'ton.. $6,404,132.44
Cov'ton to Hunt'gton... 24,194,829.13
BlueR'geR.R.&Tun'l. 2,271,687.53
Brs., Real Estate, etc.. 1,625,545.99
Locomotives, Cars, etc
Other Investments, etc
Discounts and Commissions, etc
Bills, etc., $197,724.68; and Cash,
$55,396.82
Loan to Profit and Loss Account. ..
,195 09 Capital Stock $15,950,401 96
Funded debt, secured by Mortgage. . 27,878,578 90
Virginia Central R. R. $1,505,578 90
Chesapeake & O. R. R. 26,373,000 00
Income Bonds for Interest, etc 380,241 18
2,975,421 43
108,691 75 Bills Payable and Personal Accounts
Sundry Balances.
8,196,467 36
253,121 60
234,913 95
$46,336,841 18
Secured $604,27920
Unsecured 1,279,823 70
Proceeds of C'y of Rich. bds. (bonus)
8,146 96
1,884,102 90
235,369 28
$46,336,841 18
Among the securities for bills payable, etc., are $800,000 3d mortgage 7 per cent,
bonds, securing $571,267.11.
426 BAILKOAD MANUAL OF THE UNITED STATES.
Abstract of general balances yearly (September 30) for seven years :
1871.
(283 m.)
1872.
(316 m.)
1873.
(429 m.)
1874.
(433 m.)
1875.
(433 m.)
1876.
(433 m.)
1877.
(435 m.)
Locomotive Engines
37
42
70
72
72
77
77
Passenger Cars
21
27
34
34
34
34
34
Baggage, etc. , Cars
12
16
17
17
17
16
16
Freight and Coal Cars
283
677
2,121
2,209
2,185
2,212
S 2,154
Total Cars
316
720
2,172
2,250
2,236
2,262
2,204
Capital Stock
$
15,398,380
1
13,4f 10,178
$
15,898,402
$
15,898.402
$
15,898,402
$
15,900,402
$
15,950,402
Mortgage Bonds
11,236.100
16,318,000
18,442,000
21,076,000
21,744,000
27,440,579
27,878,579
Debenture Bonds of 1872. . . .
2,120,000
3,426,000
799,000
66,000
Interest and other Bonds
190,157
1,234,906
188,500
3,385,914
372,084
7,378,472
1,410,929
7,379,880
2,172,770
6,956,388
606,496
2.297,815
380,241
1,892,250
Total Liabilities
18,059,543
35,412,592
45,516,958
46,564,211
46,837,560
46,245,292
46,401,472
Construction
13,729,758
26,980,970
34.438,943
33,976,118
33,858,983
34.014,825
34,496,195
802,578
1,263,174
2,776,599
2,792,018
2,798,910
2,899,906
2,975,421
Construction, etc
14,532,336
28,244,144
37,215,542
36,768,136
36,657,893
36,914,73.1
37,474,616
Statement of the funded debt in detail :
Classes of Bonds.
Date of
Issue.
Kate.
Interest.
Payable.
Principal
Payable.
Amount
Authorized.
Amount
Issued.
Annual
Interest.
Virginia Central R. R. :
1st Mort., guar. by Vir.
3d (new 2dj Mortgage. .
Income Bonds, Coupon
Divi., etc., Bonds, reg.
Fun. Int. Bon., Coupon
July 1, 1850.
" 1854.
•* 1856.
1851, '53, '55.
Jail. 1, 1857.
6 p. c.
6
8
6
8
Jan. & July
Jan. & July
Jan. & July
Jan. & July
Jan. & July
July 1, 1880.
" 1884.
Jan. 1, 1876.
past due.
Jan. 1, 1877.
$100,000
1,000,000
300,000
182,011
160,500
$100,000
918,000
300,000
27,078
160,500
$6,000
56,080
24,000
1,624
12,840
Chesapeake & O.R. R. :
Ten Mill'n L'n (with'd)
1st Mort., gold, s. fund
2dM. (1st on Ex.), gold
Total amount of 1
Oct. 1, 1868.
Nov. 1, 1869.
July 1, 1872.
jonds Issued
7
6
7
and 01
Apl. & Oct.
May & Nov.
Jan. & July
itstanding, S
Oct. 1, 1898.
Nov. 1, 1899.
July 1, 1902.
eptember 30,
10,000,000
15,000,000
12,000,000
1877
7,000
14,992,000
11,374,000
490
899,520
796,180
$27,878,578
$1,796,734
The reorganized company's capital account, when all exchanges of securities
have been made, will stand as follows :
Capital Stock $15,000,000
First preferred 7 per cent, stock $1,500,000
Second preferred 6 per cent, stock 8,500,000 10,000,000
Virginia Central R. R. bonds and interest say 2,000,000
1st Mortgage, 30 year, 6 per cent, gold bonds A. $2,000,000
" " " B. 15,000,000 17,000,000
3d Mortgage, 40 year 6 per cent, currency bonds 10,000,000
Total stock and bonds under reorganization $54,000,000
Directors (elected December 6, 1877). — C. P. Huntington, A. A. Low, Lloyd
Aspinwall, William Whitewright, David Stewart, Jonas G. Clark, A. S. Hatch and
BALLROAD MANUAL OF THE UNITED STATES. 427
John Castree, New York ; Pliny Fisk, New Jersey ; and Williams C. Wickham and
John Echols, Virginia.
C. P. HUNTINGTON, President New York City.
Williams C. Wickham, Vice-President and Svpt.. . .Richmond, Va.
Secretary and Treasurer (N. Y.).. James J. Tracy.
Cashier John Garrett.
Auditor N. F. Netherland.
General Freight Agent B. S. Fitch.
Genl. Pass, and Ticket Agent..Con\\ay R. Howard.
Eng. and Svpt. of Transportation..^. M. S. Dunn.
Purchasing Agent ... .John A. Netherland.
Consulting Engineer J. M. St. John.
n™., ,0^77^.0
counsellors,
J New York James H. Storrs.
1 Richmond Wm. J. Robertson.
PRINCIPAL OFFICE AND ADDRESS Richmond, Va.
Financial Agency No. 5 Nassau Street, New York City.
MILTON AND SUTHEELIN KAILKOAD.
Line of Road. — Sutherlin, Va., to Milton, N. C 8 miles.
Sidings and other tracks, 0.5 mile. Gauge, 3 feet. Rail. 30 Ibs.
Chartered in 1876, and the road opened in February, 1878. It is proposed to ex-
tend it to the Deep River Coal Mines. The Richmond and Danville R. R. Co. have
voted to allow a 25 per cent, drawback not exceeding $20,000, on all traffic to their
line from this road, to be repaid in capital stock.
Rolling* Stock. — Locomotive engine, 1 ; passenger cars, 2 ; and freight cars, 7.
Financial Statement. — Capital stock authorized, $150,000 ; and paid in, $90,-
000. Cost of road, $80,000, and of rolling stock, $10,000.
WILLIAM T. SUTHERLIN, President Danville, Va.
Charles Watkins, Secretary and Treasurer Milton, N. C.
PRINCIPAL OFFICE AND ADDRESS Milton, N. C.
PETERSBURG KAILKOAD.
Line of Road.— Petersburg, Va., to Weldon, N. C 64 miles.
Branch : Greensville, Va., to Gaston, N. C 18
Total length of line owned and operated 82 miles.
Sidings and other tracks, 8 miles. Gauge, 4 feet 81 inches. Rail, 56 Ibs.
Chartered February 10, 1830, and road opened in 1833. In May, 1877, it was
placed in the hands of a Receiver.
Rolling- Stock. — Locomotive engines, 12. Cars — passenger, 10 ; baggage, mail,
and express, 4 ; and freight (box 80 and platform 42), 122— total, 186. Service cars, 12.
Operations for year ending September 30, 1877. — Trains run— passenger, 90,167,
and freight, 43,395— total, 133,562 miles. Passengers carried, 31,225; carried one
mile, 1,643,628. Freight moved, 48,645 tons ; moved one mile, 2,381,746 tons.
428
RAILROAD MANUAL OF THE UNITED STATES.
Earnings.
From Passengers $66,507 24
" Freight 98,782 36
" Mail and Express, etc 24,806 32
$190,995 92
Expenditures.
For Maintenance of Way $38,976 59
" RollingStock 13,60644
" Transportation 71,23626
8123,819 29
Balance — net earnings, $66,276.63.
Financial Statement, September 30, 1877. — Common, $1,000,700, and guaran-
teed, $323,500— total stock, $1,324,200 ; funded debt— 1st mortgage 8 per cent, bonds,
dated January 1, 1869, and due ($25,000 a year) from January 1, 1879, to January 1,
1898, $500,000; 2d mortgage 8 per cent, bonds, dated May 1, 1872, and due May 1,
1902, $457,000, and 3d mortgage 8 per cent, bonds, dated November 20, 1875, and due
November 20, 1885, $53,500— total bonds, $1,010,500 ; past due interest and coupons,
$344,375; and floating debt, $186,138.26— total, $2,865,213.26. Per contra: Road
equipment (to 1873), $1,817,984.82. The guaranteed stock is secured by mortgage,
and is a first lien on the property.
R. G. PKGRAM, Receiver Petersburg, Va.
Auditor— Daniel Dodson | Cashier— -W. P. Taylor | Superintendent— R. M. Sully.
PRINCIPAL OFFICE AND ADDRESS Petersburg, Va.
POTOMAC, FEEDEEICKSBUEG AND PIEDMONT E. E.
Line of Road. — Fredericksburg, Va., to Orange Court-house, Va 38.5 miles.
Sidings and other tracks, 1.9 mile. Gauge, 5 feet. Rail, old 56, and new 30 Ibs.
This road occupies the line of the Fredericksburg and Gordonsville R. R., of
which 17| miles had been ironed with 56 Ib. rail up to the date of the transfer. The
21 miles built by the Royal Land Company, the present owners, are laid with 30 Ib.
iron. It is intended to extend the line from the Potomac River to Rawley Springs,
54 miles. The road was opened to Orange Court-house, April 4, 1877.
Rolling Stock. — Locomotive engines, 2. Revenue cars — passenger, 1 ; baggage,
etc., 1 ; and freight, 34 — total, 36.
Operations for year ending Sepember 30, 1877. — Trains run — passenger, 34,856,
and freight, 22,960 — total, 57,816 miles. Passengers carried, 6,517 ; carried one mile,
297,655. Freight moved, 10,471 tons ; moved one mile, 397,898 tons. Gross earnings —
passenger, $6,191.38 ; freight, $10,110.35 ; and mail, $800.87— total, $17,102.60. Op-
erating expenses not reported.
Financial Statement, September 30, 1877. —Capital stock, $1,468,000. The F. & G.
R. R. Co. issued in 1869 $1,000,000 7 per cent, gold bonds. This mortgage was fore-
closed and the road bought in by the bondholders. In 1873 an issue of 7 per cent,
bonds was made by the existing company to the extent of $600,000 ; but in 1875 the
Virginia courts decided that these bonds were not issued according to law, and they
remain in the hands of the original holders. There is a floating debt (6 per cent.)
amounting to $55,000. The cost of the property to date is stated at $967,847.
Directors (1877-78).— Jacob H. Walter, and P. Y. Hetz, Pittsburg, Pa. ; James
RAILROAD MANUAL OF THE UNITED STATES.
429
G. Fulton, Philadelphia, Pa. ; J. G. Beale, Leecliburg, Pa. ; and R. N. Pool, Har-
risonburg, Pa.
JACOB H. WALTER, President Pittsburg, Pa.
Treasurer— P. Y. Hetz Pittsburg, Pa. I Engineer— Carter M. Braxton..Fredericksburg, Va.
Secretary— James G. Fulton Philadelphia, " | Superintendent— Charles Kennedy, "
PRINCIPAL OFFICE AND ADDRESS Pittsburg, Pa.
KICHMOND AND DANVILLE EAILEOAD.
Main Line. — Richmond, Va., to Danville, Va 140.50 miles.
Branches at Richmond and coal fields 10.17 "
Piedmont Railroad (leased), Danville, Va., to Greensboro', N. C 48.50 "
Total length of main line operated 199. 17 miles.
Sidings, etc., 14. 13 m. Gauge, 4 ft. 8£ in. Rail, iron, 52, 56 and 58, steel (23.4 m.), 50 Ibs.
The Richmond and Danville R. R. Co. also lease and operate the North-western
North Carolina R. R., 29 miles, and the North Carolina R. R., 223 miles.
The R. and D. R. R. Co. was chartered March 9, 1847. Construction was com-
menced January 31, 1848, and the road opened May 16, 1856. The branches were
built in 1871, 1872, and 1873.
Rolling1 Stock. — Locomotive engines, 35. Cars — Passenger (1st class, 10 ; 2d
class), 10 ; and parlor, 2 ; baggage, mail and express, 10 ; freight (box, 302 ; stock, 12 ;
and platform, 211 ; coal, 42), 567, and conductors', 15 — total, 614. Also, paymaster's
car, 1, and shanty or boarding cars, 14.
Operations for year ending September 30, 1877. — Trains run — passenger, 224,-
615; freight, 272,479; other, 142,956— total, 640, 050 miles. Passengers carried, 94,-
158 ; carried one mile, 5,945,446. Freight moved, 241,081 tons ; moved one mile,
21,529,175 tons.
Earnings.
From Passengers $214,675 03
" Freight 612,63742
" Mail and Bxpress 45,96855
Miscellaneous 35,710 18
Expenditures.
For Maintenance of Way $258,219 82
" Eolling Stock 183,73265
" Transportation ... 144,14593
Miscellaneous 30,62752
Total ($4,811.20 per mile) $909,317 31 1 Total ($3,262.10 per mile) $616,725
Balance — net earnings (32.18 per cent.), $292,591.39 ; to which add interest on
investments, $43,982.51 — total net revenue, $336,573.90. Payments : Interest on
funded debt, $239,691.51, and floating debt, $23,135.92; rental Piedmont R. R.,
$60,000; interest on R. V. bonds, $225 ; and loss on North Carolina R. R. lease, $96,-
615.13— total, $419,667.56. Deficit on all lines operated by company, $83,093.66.
Profit and loss for year— balance to debit, September 30, 1876, $128,009.93 ; de-
ficit on all lines operated, $83,093.66 ; discount on general mortgage bonds, $35,600;
company's stock purchased and extinguished, $45,706.28; Atlantic and Richmond
Air Line Railway, Receiver, $1,149.59 ; Roanoke Valley bonds purchased and guaran-
tees cancelled, $10,596.71 ; Richmond, York River and Chesapeake R. R. Stock,
$26,099 ; sundry accounts, $11,538.59— $213,783 93. Total, $341,793.86. Capital stock
purchased and cancelled, $133,600 ; sundry accounts, $7,353.71 -$140,953.71. Balance
to debit, September 30, 1877, $200,840.15.
430 RAILROAD MANUAL OF THE UNITED STATES.
Abstract of operations for seven years :
1870-71.
(189 m.)
1871-72.
(189 m.)
1872-73.
(189 m.)
1873-74.
(189 m.)
1874-75.
(189 m.)
1875-76.
(189 m.)
1876-77.
(189 m.)
291,527
294,099
286,807
317,720
320,527
255,599
224,615
" Freight
143,287
167,227
216,135
226,774
249,788
247,981
272,479
Passengers carried
118,215
134,485
141,767
135,848
136,687
132,297
94,158
" one mile..
Freight (tons) moved .
7,093,224
159,705
7,589,646
174,919
7,587,343
225,446
7,147,449
197,920
7,336,680
221,017
7,358,335
227,650
5,945,446
241,081
" " onem..
Gross Earnings
8,490,356
$
758,071
10,366,744
832,492
12,695,429
957,129
13,999,111
$
925,799 1
16,372,844
$
923,058
17,435,445
$
937,198
21,429,175
$
909,317
Operating Expenses
428,282
472,752
509,760
597,683
599,610
498,966
616,726
329,789
359,340
447,369
328,116
323,448
438,232
292,591
Earnings per mile
$4,010 96
$4,402 60
$5.064 17
$4,898 41
$4,883 90
$4,958 72
$4,811 20
2,266 04
2,501 33
2,697 14
3,162 34
3,172 54
2,640 03
3,263 10
Profits per mile
1,744*92
1,901 27
2,367 03
1,736 07
1,711 36
2.318 69
1,548 10
Prop, of Expenses
56.49 p. c.
56.87 p. c.
53.26 p. c.
64.56 p. c.
64.96 p. c.
53.24 p. c.
67.82 p. c.
Summary of earnings, etc., of all lines, year ending September 30, 1877 :
R. &. D. R. R.
(189 m.)
N.W. N. C. R.R.
(29 m.)
N. C. R. R.
(223 m.)
All lines.
(441 m.)
Gross Earnings
$909,317 31
$33,971 04
$467 995 99
$1,411 284 34
Operating Expenses
616,725 92
18 952 83
304 611 12
940 289 87
Net Earnings
$292,591 39
$15,018 21
$163 384 87
$470 994 47
Interest on Investments
43,982 51
43 982 51
Total Income
$336,573 90
$15,018 21
$163 384 87
$514 976 98
Interest, Rentals, etc
419 667 56
15 018 21
163 384 87
M)fl 070 fvi
Deficit from Operations
$83,093 66
Rfl OQ'} fifi
The rental paid to the North Carolina Railroad Company is $260,000 per annum.
General Balance, September 30, 1877.
Road and Outfit ($38,929.11 p. m.) $5,879,853 27 j Capital Stock ($25,598.52 p. m.) $3,866,400 00
Piedmont R. R. Stock, etc 1,670,194 12
N. W. N. Car. R. R. Stock & Bonds.. 289,631 49
County Bonds 72,000 00
Supplies ...* 82,88369
Cash and Cash Assets 102,323 47
Profit and Loss 200,840 15
State $600,000, 7 per cent, loan 508,486 00
Funded Debt 3;370,300 00
Bills, etc., Payable 387,52699
Interest due and not paid 29,811 12
Rent N. C. R. R., etc 97,433 74
Balances 37,768 34
$8,297,726 19
Statement of the funded debt in detail, September 30, 1877 :
$8,297,726 19
Character of Security.
Date of
Issue.
Rate.
Interest
Payable.
Principal
Payable.
Amount
Author-
ized.
Amount.
Out-
standing.
Annual
Charges.
1st Mort. (10m.) guar.by Va.
2d (orig. 4th Mort.).
3d " (consolidated)
General Mortgage, gold
Interest Funded
Jan. 1, 1855
u 44
May 1, 1867
Oct. 5, 1874
July 1, 1866
" 1867
6 p. c.
;;
K
it
Jan. & July
14 it 41
May & Nov.
Apr. & Oct.
Jan. & July
Jan. 1, 1875.
May 1, '75/90
Oct. 5, 1904
July 1, '69,76
$200,000
1,000,000
3,000,000
6,000,000
82,100
160,800
$114.000
15,000
1,767,000
1,473,000
1,700
600
$6.840
900
106,020
88,380
102
36
B'nds (n.m.)toR.V.R.R. Co.
RAILROAD MANUAL OF THE UNITED STATES.
Abstract of general account for seven years (September 30) :
431
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Miles of Road and Branches.
Locomotive Engines
142.07
27
147.38
29
147.38
34
147.80
34
147.80
35
151.04
35
151.04
40
Cars, Passenger
20
20
21
21
23
25
23
" Baggage, Mail, etc
9
10
10
10
10
10
10
" Freight
314
871
462
459
516
583
596
Capital Stock
$
4,000,000
$
4,000,000
$
4,000,000
$
4,000,000
$
4,000,000
$
4,000,000
$
3,866,400
State Loan
495 091
489091
483,091
477,091
508.486
508,486
508,486
Funded Debt
1,996,190
2,021 090
2,002,320
2,001,360
8,084,200
3,205,000
3,370,300
Bills Payable
287,609
44-2 572
731,466
973485
408,088
273,567
295,968
Accounts
79 205
130 770
575 049
282 454
246,277
234,094
162,259
Interest and Rentals Due. . . .
Profit and Loss
74,195
1,935,817
172,895
129,390
143,372
* 221,389
599,396
75,392
48,979
84,419
94,313
Total Liabilities
8,868,107
7,256,418
8,064,688
8,555,175
8,371,422
8,305,566
8,297,726
Construction, etc
4,971,225
5,182,047
5,729,729
5,767,967
5,860,614
5,875,094
5,879,853
Connecting R. R. Companies.
Stocks and Bonds
236,659
1,507,452
384,193
1,534,401
593,229
1,507,452
421,332
2,164,453
319,472
1,917,451
178,783
1,924,608
179,194
1,852,632
Materials, etc
128,753
76,758
193,994
176,467
236,098
153,118
136,597
Cash and Capital Stock
2,024,018
24,224
40,284
24,956
87,787
45,953
48,610
Profit and Loss
54,795
128,010
200,840
Total Resourcces
8,868,107
7,256,418
8,064,688
8,555,175
8,371,422
8,305,566
8,297,726
During the year $133,600 of capital stock, and $10,596.71 of Roanoke Valley R.R.
bonds were purchased by the company. The company is liable for $500,000 bonds of
Piedmont R. R. Co., and $500,000 bonds of the Northwestern North Carolina R. R.
Co. The amount spent for construction during the year was $113,887.13.
Directors (elected December 12, 1877).— A. Y. Stokes, Richmond, Va.; J. N. Du
Barry, Philadelphia, Pa.; W. L. Owen, South Briton, Va.; Strickland Kneass, Phila-
delphia, Pa.; W. P. Sutherlin, Danville, Va. ; John Bardsley, Philadelphia, Pa.;
Isaac Davenport, Jr., Richmond, Va.; and A. J. Cassatt, Philadelphia, Pa.
A. S. BUFORD, President Richmond, Va.
J. N. DuBarry, Vice-President Philadelphia, Pa.
A. Y. Stokss, Vice-President Richmond, Va.
Treasurer W. E. Turner.
Secretary P. Howard.
Auditor E. A. Barber.
Gen. Superintendent T. M. R. Talcott.
Superintendent (R. & D. Div.).. William H. Green.
Superintendent (N. Car. Div.) A. B. Andrews.
Gen. Freight Agent Sol. Haas.
Gen. Passenger Agent John R. Macmurdo.
Purchasing- Agent R. H. Dusenberry.
Master of Machinery John McFarland.
Master Car Builder Hugh Lengert.
Gen. Eastern Agt. (New York) C. Tingling.
PRINCIPAL OFFICE AND ADDRESS Richmond, Va.
PIEDMONT RAILWAY.
Line of Road.— Danville, Va., to Greensboro', Va 48.50 miles.
Sidings and other tracks, 2.43 miles. Gauge, 5 feet. Rail, 56 Ibs.
Built by Confederate Government during recent rebellion. In 1868 a company
was formed, the- Richmond and Danville R. R. Co. taking nearly the whole stock, and
432 RAILROAD MANUAL OF THE UNITED STATES.
guaranteeing $500,000 of 1st mortgage 8 per cent, bonds. Road leased by the R. and
D. R. R. Co. , who operate it as part of tlieir main line.
Rolling Stock. — None owned. Furnished by lessees.
Operations for year ending September 30, 1877. — Included in lessees' returns.
Rental, $60,000 per annum. Interest paid from lease rental, $40,000. Balance, $20,-
000, used to reduce the advances made by the lessees.
Financial Statement, September 30, 1877.— Capital stock ($1,491,000 owned by
lessees), $1,500,000 ; 1st mortgage 8 per cent, guaranteed bonds (interest January and
July), due July 1, 1888, $500,000 ; and floating debt, advances by lessees, $179,194.12.
Per contra: Road and appurtenances, $2,000,000; and profit and loss, $179,194.12.
Total of all accounts, $2,179,194.12.
Directors and Officers (elected December 12, 1877). — Same as for Richmond and
Danville Railroad Company.
A. S. BUFORD, President Richmond, Va.
PRINCIPAL OFFICE AND ADDRESS Richmond, Va.
BICHMOND, FBEDEBICKSBUBG AJSTD POTOMAC B'Y.
Line of Road. — Richmond, Va., to Quantico, Va 80.00 miles.
Leased lines, named below 2.95 "
Total longth of railroad owned and leased 82.95 miles.
Sidings and other tracks, 6.32 miles. Gauge, 4 feet 8| inches. Rail, 50 to 56 Ibs.
Chartered February 25, 1834; construction commenced, January 15, 1835, and
road officially opened to Fredericksburg, January 23, 1837, and to Quantico, Septem-
ber 30, 1842. The Potomac R. R., 1.70 miles, to form connection with the Alexan-
dria and Fredericksburg R. R., was completed May 1, 1872, and the Connection R. R.,
1.25 mile to Richmond, to connect with the Richmond and Petersburg R. R., in the
summer of 1870. Both are leased by the company : the latter jointly with the Rich-
mond and Petersburg company.
Rolling Stock. — Locomotive engines, 12. Revenue cars — passenger, 1st class, 9 ;
and 2d class, 11 ; baggage, mail and express, 8 ; and freight, 100 — total, 128.
Operations for year ending September 30, 1877. — Trains run — passenger, 131,681 ;
and freight, 31,283 — total, 162,964 miles. Passengers carried, 130,084 ; carried one
mile, 6,485,724. Freight moved, 37,159 tons ; moved one mile, 1,712,378 tons.
Earnings.
From Passengers $209,296 53
" Freight 84,05237
" Mail, etc.. 29,66414
Total ($3,894.07 per mile) $383,013 04
Expenditures.
For Maintenance of Way.. $63,717 68
" Rolling Stock 18,89597
" Transportation, ete 94,190 93
Total ($2,131.46 per mile) $176,804 58
Balance— net earnings (45.27 per cent.), $146,208.46. Payments from net earn-
ings—interest on funded and floating debt, $73,954.58 ; dividends on 6 and 7 per cent,
guaranteed stocks, $34,841.00. Surplus, $37,412.88.
Financial Statement, September 30, 1877.— Capital stock— common, $1,031,400,
guaranteed 7 per cent., $481,100 ; guaranteed 6 per cent., $19,400 ; and dividend cer-
RAILROAD MANUAL OF THE UNITED STATES. 433
tificates, $728.60— total, $1,532,028.60; funded debt, $878,241.57; floating debt, $68,-
608.40 ; and profit and loss (forced), $848,578.65— total liabilities, $3,327,457.22. Per
contra : cost of road and equipment, $2,823,828.24; Potomac R. R. Co., $112,152.93 ;
Potomac S. B. Company (loans and dividend notes), $123,500; accounts, $254,996.51 ;
and cash on hand, $12,979.54— total property and assets, $3,327;457.22.
The funded debt consists of $87,276.73 6 per cent, coupon bonds, due 1875-85-95 ;
of $450,000 8 per cent, bonds, interest payable quarterly, due 1880-90 ; $175,841.91
7 per cent, bonds, due 1875-80-85-95 ; of $59,955.13 6 per cent, and $105,190.40 7 per
cent, certificates of due, due at various dates.
The contract with the Potomac Steamboat Company terminated March 31, 1877.
Directors (elected November, 1877).— John M. Robinson, Baltimore, M*d. ; Elihu
Chauncey, Philadelphia, Pa. ; and Charlea S. Mills, H. A. Claiborne, and Philip
Haxall, Richmond, Va. State Director, Andrew Johnson, Richmond, Va.
JOHN M. ROBINSON, President Baltimore, Md.
Secretary and Treasurer J. B. Winston.
General Superintendent E. T. D. Myers.
Gen. Fgt. and Tkt. Agent C. A. . Taylor.
Auditor Luther P. Ellis.
PRINCIPAL OFFICE AND ADDRESS, Richmond, Va.
POTOMAC EAILEOAD.
Line of Road. — Quantico,Va., to Junction A. & F. R. R 1.7 miles.
Sidings and other tracks, 0.17 mile. Gauge, 4 feet 8£ inches. Rail, 53 Ibs.
Opened May 1, 1872, and leased to the Richmond, Fredericksburg and Potomac
R. R. Co.
Financial Statement, September 30, 1877. — Capital stock, $100,000 ; paid in,
$2,000,000 ; and loans and advances (6 per cent.) by lessees, $112,152.93— total $114,-
152.93. Per contra : Cost of road and equipment, $72,152,93.
P. V. DANIEL, Jr., President Richmond, Va.
E. F. & P. AND E. & P. CONNECTION EAILEOAD.
Line of Road. — In the City of Richmond 1.25 miles.
Sidings and other tracks, 0.12 mile. Gauge, 4 feet 8i inches. Rail, 56 Ibs.
Opened in 1870, and leased conjointly to the R. F. and P., and the R. & Peters-
burg R. R. Cos., the lessees paying 7 per cent, on the stock, and $200 for company
organization.
Operations for year ending September 30, 1877. — Gross earnings, $3,564.91.
Rental, $14,000.
Financial Statement.— Capital stock, $200,000 ; and surplus fund, $7,597.40—
total $207,597.40. Cost of road, etc., $139,977.32.
E. T. D. MYERS, President and Superintendent Richmond, Va.
28
434
TCAILKOAD MANUAL OF THE UNITED STATES.
EICHMOND AND PETEESBTJKG EAILEOAD.
Line' of Road.— Richmond, Va. , to Petersburg, Va 22.50 miles.
Branch Line— Junction to Port Wallliall 2.33 "
Total length of line owned and operated 24.83 miles.
Chartered, March 14, 1836 ; completed September 17, 1838. No dividends were
paid after 1864, until January 14, 1878, when a dividend of 2 per cent, was paid.
Rolling Stock. — Locomotive engines, 8. Cars — passenger, 8 ; baggage, mail and
express, 5 ; freight (box, 37; platform, 20; stock, 2, and coal, 90), 149. Total revenue
cars, 162; also, construction cars, 18.
Operations for year ending September 30, 1877. — Trains run — passenger, 35,482,
and freight, 30,614; total, 66,096 miles. Passengers carried, 107,821; carried one
mile, 2,097,594. Freight moved (including coal 15,638), 80,814 tons ; moved one mile,
1,576,263 tons.
Earnings.
From Passengers $66,315 25
" Freight, etc 70,80098
Total ($3,585.67 p. mile) $137,116 23
Expenditures.
For Maintenance of Way $33,909 66
" Transportation, etc 55,93530
Total ($2,349.42 p. mile) $39,844 96
Balance — net earnings (34.47 percent.), $47,271.27. Payments — interest, $19,-
320 ; back interest (on $6,000 in chancery), $2,200 ; dividend 2 per cent. Jan. 14,
1878, $20,172 ; and balance surplus, $5,579.23.
Abstract of operations, etc., for seven years :
1870-71.
1871-72.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
Train Mileage
86,192
89,483
110,712
118,770
103,786
79,655
66,096
Passengers Carried
78,996
118,189
126947
108 514
117508
115020
107 821
Freight Moved
75,564
89,249
91,887
85,249
89,723
85,827
80814
Gross Earnings
$150,604
$160,319
$160,227
$147,220
$164935
$137,407
$137 116
Operating Expenses
139,098
114,374
123,542
113,552
86,684
77,312
89,844
$11.506
$45,945
$36,685
$33,668
$78,251
$60096
$47271
Interest
20,380
26,827
21,864
19,679
24,197
20.096
21,520
Income Balance
$19,118
$14,821
$13,989
$54,054
$40,000
$25751
General Balance, September 30, 1877.
Koad and Equipment $1,253,221 97
Real Estate
Bills and Accounts. . . .
Cash and Cash Assets.
49,607 36
23,486 41
21,651 71
. $1,347,967 45
Capital Stock $1,008,600 00
FundedDebt 222,138 41
Accounts and Balances 24,891 10
Profit and LOSB 92,33794
$1,347,967 45
KAILROAP MANUAL OF THE UNITED STATES.
Abstract of general account for seven years, September 30 :
435
/
1871.
1872.
1873.
1874.
1875.-
1876.
1877.
Capital Stock
*
' 847,100
$
847,100
1
847,100
$
1,008,600
$
1,008,600
$
1,008,600
$
1,008,600
Funded Debt
349,474
339,057
331,296
326,296
275,796
236,796
222,138
Accounts and Balances
Profit and Loss
77,370
20,888
80,616
37,529
76,528
49,183
36,689
24.286
45,960
29,665
72,208
24,891
92,338
Total Liabilities
1,294,832
1,304,302
1,304,107
1.371,585
1,354,642
1,347,269
1,347,967
Road and other Properties..
R. and P. Go's Stock..
1,269,870
2,773
1,270,275
3,772
1,270,216
3,772
1,327,217
5,600
1,319,249
5,600
1,316,032
5,600
1,310,066
5,600
Accounts and Cash
21,189
30,255
30,119
38,768
29,793
25,637
32,301
Total Resources
1,294,832
1,304,302
1,304,107
1,371,585
1,354,642
1,347,269
1,347,967
Directors (elected November 27, 1877).— R. R. Bridgers, Wilmington, N. C.f H.
K. Ellyson and B. W. Haxall, Richmond, Va. ; D. W. Lassiter, Petersburg, Va. ;
and W. T. Walters, Baltimore, Md.
FREDERICK R. SCOTT, President Richmond, Va.
Superintendent A. Shaw. | Treasurer M. W. Yarrington.
Auditor W. R. Jones.
PRINCIPAL OFFICE AND ADDRESS Richmond, Va.
EICHMOND, YOKE EIYEE AND CHESAPEAKE K. E.
Line of Road. — Richmond, Va., to West Point, Va 40.97 miles.
Sidings and other tracks, 1.97 miles. Gauge, 4 feet 8| inches. Rail 52 to 57 Ibs.
Chartered as Richmond and York River R. R. Co., January 31, 1853. Construc-
tion commenced in February, 1855, and road opened in 1859. In 1871 the property
was sold in foreclosure, and the present company organized.
Rolling Stock. — Locomotive engines, 4. Revenue cars — passenger (1st class), 5,
and (2d class) 2 ; baggage, mail and express, 2 ; and freight, 57 — total, 65.
Operations 'for year ending September 30, 1877. — Trains run — passenger, 25,-
446, and freight, 25,272 — total, 50,718 miles. Passengers carried, 24,152 ; carried one
mile, 669,340. Freight moved, 36,202 ; moved one mile, 1,393,777 tons.
Earnings.
From Passengers, etc $23,447 99
" Freight, etc 55,754 80
Expenditures.
For Maintenance of Way $27,384 38
" Transportation, etc 40,565 44
Total ($2,057.21 per mile) $79,202 79 Total ($1,764 93 per mile) $67,949 82
Balance— net earnings (14.20 per cent.), $11,252.97. Payments not reported.
Financial Statement, September 30, 1877.— Capital stock, $489,100 ; funded debt,
1st mortgage 8 per cent., dated October, 15, 1873, and payable Jan. 1, 1894 ; interest,
January and July, $273,000, and floating debt, $172,564.67— total liabilities, $934,-
664.67. Per contra: Construction and equipment, $598,372.35; bonds of old com-
pany, $325,000 ; sundries account, $11,292.32.
436
EAILKOAD MANUAL OF THE UNITED STATES.
Directors (elected 1877.) — Thomas Clyde and Reuben Foster, Baltimore,
Md. ; and W. W. Gordon, W. H. Gwathmey and U. G. Hoyt, Richmond, Va.
R. S. BDRROWS, President Albion, N. Y.
Treasurer and Secretary Walter E. Smith. | Engineer and Superintendent H. T. Douglas-
PRINCIPAL OFFICE AND ADDRESS Richmond, Va.
SEABOAED AND BOANOKE EAILEOAD.
Line of Road. — Portsmouth, Va., to Weldon, Va 80 miles.
Sidings, and other tracks, 6 miles. Gauge, 4 feet 8| inches. Rail, 50 Ibs.
Chartered February 27, 1845, and road opened November 10, 1851.
Rolling Stock. — Locomotive engines, 16. Revenue cars — passenger (1st class), 6,
and (3d class), 6 ; baggage, mail and express, 4 ; and freight (box, 175 ; platform, 74 ;
and coal, 18), 263 ; total, 279.
Operations for year ending September 30, 1877. — Trains run — passenger, 53,-
482; and freight, 200,087; total, 253,569 miles. Passengers carried, 35,966; carried
one mile, 1,891,654. Freight moved, 197,441 tons ; moved one mile, 8,687,404 tons.
Earnings. Expenditures.
From Passengers $75,665 93 For Maintenance of Way $48,694 33
" Freight,etc 347,72204 " Rolling Stock 39,46980
Miscellaneous 45,38925 " Transportation, etc 233,17881
Total ($5,933. 89 per mile) $468,777 22 Total ($4,067.63 per mile) $321,342 94
Balance — net earnings (31.45 per cent.), $147,434.28. Payments from net earn-
ings— interest on 1st mortgage bonds, $14,700 ; on guaranteed stock, $14,000 ; on 2d
preferred stock, $6,625 ; and on convertible loan, $350.28 ; on floating debt, $10,919.-
31 ; dividends, May, 1877, $34,227 ; total, $79,846.59. Surplus, $67,587.69. Total
amount of surplus fund, $1,176,424.35. A 3 per cent, dividend was also paid on
dividend obligations and common stock, November 1, 1877.
Financial Statement, September 30, 1877. — Capital stock, $1,055,400 ; 1st mort-
gage 7 per cent, bonds, 1860-80, interest February and August, $210,000; guaranteed
stock, secured 7 per cent, interest March 1 and September 1, $200,000 ; 2d preferred
stock 7 per cent, secured, interest June 1 and December 1, $95,000 ; convertible 7 per
cent, bonds, due 1883, interest May 1 and November 1, $5,004; and dividend obliga-
tions, guaranteed same dividends as common stock, May and November, $85,500 ;
floating debt, $141,628; and profit and loss (surplus income), $1,176,424.35; total,
$2,968,956.35. Per contra: Cost of road and equipment, $2,140,812.67; and other
property and assets, $828,143.68 ; total property and assets, $2,968,956.35.
Directors (elected May 7, 1878). — Moncure Robinson, and H. Frazier, Philadel-
phia, Pa. ; R. G. Hoffman and Thomas Kelso, Baltimore, Md. ; and Richard Dickson
and David A. Barnes, Norfolk, Va.
JOHN M. ROBINSON, President Baltimore, Md.
Secretary and Treasurer W. W. Chamberlaine. General Passenger Agent W. J. Walker.
Saptrintendent Enoch G. Ghio. Freight Agent '. O. V. Smith.
PRINCIPAL OFFICE AND ADDRESS Portsmouth, Va.
EAILEOAD MANUAL OF THE UNITED STATES. 437
STEASBUKG AND HAEEISONBUEG EAILEOAD.
Line of Road. — Strasburg, Va. , to Harrisonburg, Va 49.13 miles.
Sidings, 2 miles. Gauge, 4 feet 8-J inches. Rail, 56 Ibs.
Chartered about 1868, and the road opened in 1874. It is owned by the Washing-
ton City, Virginia Midland, and Great Southern R. R. Co., and leased to and operated
by Baltimore and Ohio R. R. Co., and all operations are included in returns of that
company, which supplies all rolling stock.
Operations for year ending September 30, 1877. — Trains were run 61,880 miles.
22,729 passengers were carried 860,983 miles, and 85,092 tons of freight moved 2,554,-
275 miles. The gross earnings were $94,275.96 ; and operating expenses, $104,136.41.
Financial Statement. — No information furnished.
Officers, etc. — Same as Baltimore and Ohio R. R. Co.
VALLEY (Ya.) EAILEOAD.
Line of Road. — Harrisonburg, Va., to Staunton, Va 25.78 miles.
Sidings, 2 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
Chartered about 1868, and road opened in 1874. It is operated by Baltimore and
Ohio R. R. Co., under a temporary arrangement.
Operations for year ending September 30, 1877. — Trains run — passenger, 13,548 ;
freight, 15,814— total, 29,362 miles. Passengers carried, 16,000 ; freight moved, 18,-
377 tons. Gross earnings, $27,746.46; operating expenses, $24,257.08; net earnings,
$3,489.38.
Financial Statement, September 30, 1877.— Capital stock paid in, $2,598,000 ;
floating debt— advances by B. and 0. R. R. Co., $244,075.06— total, $2,842,075.06.
Cost of road, $2,536,896.47.
WILLIAM KEYSER, President Baltimore, Md.
S. M. Woodward, Jr., Superintendent Staunton, Va.
WASHINGTON AND OHIO EAILEOAD.
Line of Road.— Alexandria, Va., to Round Hill, Va .51.75 miles.
Sidings and other tracks, 2.59 miles. Gauge, 4 feet 8-J inches. Rail, 52 Ibs.
Alexandria, Loudoun and Hampshire, chartered March 15, 1853 ; construction
commenced February 16, 1855, and road opened to Leesburg, 38 miles, at cost of
$902,787, in the summer of 1858. Name changed to Washington and Ohio, July 26,
1870, and authority granted to extend the line to the Ohio River, and raising the
capital stock to $15,000,000. The line as now projected will have a total length of
325 miles ; it was completed to its present terminus in 1874.
438
KAILJROAD MANUAL OF THE UNITED STATES.
Rolling Stock.— Locomotive engines, 4. Cars— passenger, 7; baggage, mail
and express, 2 ; and freight (box, 35 ; gondola, 6 ; stock, 8 ; and platform, 16), 65—
total revenue cars, 76.
Operations for year ending September 80, 1877.— Trains run— passenger, 60,-
111, and freight, 35,047— total, 95,158 miles. Passengers carried, no returns. Freight
moved, 25,429 tons.
Earnings.
From Passengers $39,47183
" Freight,etc 56,92692
$96,398 75
Expenditures.
For Maintenance of Way . . $39,467 23
" Transportation, etc 29,883 31
$69,350 54
Balance — net earnings (28.06 per cent.), $27,048.21. Payments — interest on
bonds, $12,017 ; on floating debt, $12,690.62— total, $27,717.62.
Abstract of operations for seven years.
1870-71.
(44 m.)
1871-72.
(44m.)
1872-73.
(44m.)
1873-74.
(47.65 m.)
1874-75.
(51.75 m.)
1875-76.
(51.75 m.)
1876-77.
(51.75 m.)
91,069
81,361
83.716
94,425
97,104
96,722
95,158
Earnings from Passengers. . .
" Freight, etc. .
$
41,832
54,236
$
36,752
44,533
$
41,994
50,885
$
44,580
59,433
$
44,744
51,928
$
44,890
56,749
$
39,472
56,927
Total Earnings
95,068
81,285
92,883
104,013
96,672
101,639
96,399
Operating Expenses
74,873
73,338
65,096
74,340
66,652
69,310
69,351
20,195
7,947
27,787
29,673
30,020
32,329
27,048
Gross Earnings per mile
Operating Expenses per mile
2,160 64
1,701 66
1,847 38
1,666 17
2,119 98
1,479 46
2,182 87
1,560 13
1,868 06
1,287 96
1,964 04
1,339 32
1,862 79
1,340 01
Net Earnings per mil e
458 98
180 61
631 52
622 74
580 10
624 72
522 78
Expenses to Earnings
78.76 p. c.
90.22 p. c.
70.08 p. c.
71.49 p. c.
68.95 p. c.
68.20 p. c.
71.94 p. c.
General Balance, September 30, 1877.
Road and Outfit $1,786,726 77
Discount, interest, etc 409,727 20
Stock (contract of July 2, 1869) 300,000 00
Working Expenses 945,332 06
Sundry Accounts 64,445 79
Total Resources $3,506,231 82
Capital Stock $1,777,926 34
Funded Debt 341,800 00
Contractors 226,911 14
Sundry Accounts, etc. . * 151,601 09
Gross Earnings 1,007,993 25
Total Liabilities $3,506,231 82
The above exhibits show the earnings and expenses of the company from or-
ganization to September 30, 1877.
Directors (elected November 14, 1877). — Cassius F. Lee, Fairfax County ; F. W.
M. Holladay, Frederick County ; Benjamin Morgan and Richard H. Lee, Clark County ;
and Charles B. Ball, Henry Heaton and Henry T. Harrison, Loudoun County.
LEWIS McKENZiE, President Alexandria, Va.
Clerk and Treasurer R. Johnson. Chief Engineer Washington Blythe.
General /Superintendent R. H. Havener. lioad and Bridge Master Thomas Reec.
PRINCIPAL OFFICE AND ADDRESS Alexandria, Alexandria Co., Va.
KAILKOAD MANUAL OF THE UNITED STATES.
439
WASHINGTON CITY, VIRGINIA MIDLAND AND
GKEAT SOUTHEEN EAILKOAD.
Line of Road.— Alexandria, Va., to Danville, Va 238.50 miles.
Manassas Gap R. R. — Manassas Junction, Va., to Strasburg, Va 62.55
Strasburg and Harrisonburg R. R. — Strasburg, Va., to Harrisonburg, Va. 49.13 "
Brandies— to Warrenton, 8.50, and to Front Royal, 0.82 9.32 "
Total length of lines owned or operated 359.50 miles.
Sidings and other tracks, 17.98 miles. Gauge, 4 feet 8£ inches. Rail, 50, 56, and 60 Ibs.
Consolidation, November 27, 1872, of the Orange, Alexandria and Manassas, and
the Lynchburg and Danville R. R. Cos. The first was a consolidation (June 1, 1867) of
the Orange and Alexandria R. R., chartered March 27, 1848, and opened from Alex-
andria to Gordonsville in 1854, and from Charlottesville to Lynchburg in 1859, and
the Manassas Gap, chartered March 11, 1850, and opened to Strasburg in 1854. The
Lynchburg and Danville R. R. was chartered in February, 1872, and was opened in
the fall of 1874.
The main line, as given above, includes part of the Chesapeake and Ohio R. R.,
from Gordonsville to Charlottesville, 22 miles, for which the company pay rental
$30,000 per annum. They also pay trackage for the use of the Alexandria and
Fredericksburg R. R., 4f miles.
The line between Strasburg and Harrisonburg is leased to and operated by the
Baltimore and Ohio R. R. Co.
Rolling Stock. — Locomotive engines, 30. — Revenue cars — passenger (1st class),
24, and (3d class), 11 ; baggage, mail and express, 14 ; and freight, box, 225 ; stock,
75, and platform, 144 — total, 493. Roadway and other working cars, 14.
Operations for year ending September 30, 1877. — Trains run— passenger, 399,-
673, and freight, 374,512— total, 774,185 miles. Passengers carried, 183,039 ; carried
one mile, 8,468,202. Freight moved, 201,601 tons ; moved one mile, 16,768,750 tons.
Earnings.
From Passengers ..$373,23225
" Freight 473,071 34
" U.S.Mail 44,90822
" Express, Rental, etc 134,973 54
Expenditures.
For Maintenance of Way $204,754 65
" Rolling Stock 135,04247
" Transportation 276,92995
" Kent and Trackage 61,86822
Total ($2,854.48 per mile) $1,026,185 35 Total ($1,887.61) permile) $678,595 17
Balance — net earnings (33.87 per cent.), $347,590.18; or less extraordinary
expenses ($33,347.88), $314,242.30.
Financial Statement, September 30, 1877.— Capital stock (129,150 shares @, $50),
$6,457,500; subscribed, $4,350,439.74 ; paid in, $4,265,296.99 ; funded debt, $6,837,169
— total stock and bonds, $11,102,465.99. Per contra : Cost of road and equipment, as
follows :
Alexandria to Gordonsville, 97.60 miles $2,248,952 33
Charlottesville to Lynchburg, 59.50 miles 3,123,783 59
Manassas Junction to Harrisonburg, 112.50 miles 2,207,815 38
Lynchburg to Danville, 67.90 miles 2,562,841 79
Total cost of construction and equipment, 337.50 miles $10,143,393 09
440 RAILROAD MANUAL OF THE UNITED STATES.
The funded debt is classified as follows :
Class of Bonds.
Date of
Issue.
Rate,
p. c.
Interest
Payable.
Principal
Payable.
Amount of
Bonds.
Annual
Charge.
1st Mortgage (Alex, to GorcTnsville)
1st " (Charl. to Lynchburg)
2d " ( " )
Dividend Scrip
Nov. 1, 1851
Jan. 1, 1855
May 1, 1856
Oct. 1, 1854
Dec. 1, 1860
Nov. 1, 1866
July 1, 1867
Nov. 1, 1867
Mar. 1, 1868
July 1, 1867
April 1, 1871
April 1, 1871
Various.
6
6
8
6
8
7
7
7
7
7
7
6
6
May & Nov.
Jan. & July
May & Nov.
October
Mar. & Sep.
May & Nov.
Jan. & July
May & Nov.
Mar. & Sep.
Jan. & Julv
Apr. & Oct.
Apr. & Oct.
Apr. & Oct.
May 1, 1873
Jan. 1, 1875
May 1, 1873
Pleasure.
Sept. 1, 1880
May 1, 1873
Jan. 1, 1875
May 1, 1873
Sept. 1, 1880
July 1, 1882
April 1, 1891
April 1, 1896
Various.
$400.000
1, -200,000
600,000
8,201
700,000
124,380
381,465
212,380
151,344
1,650.000
350,000
1,300,000
150,000
$24,000
72,000
48,0(!0
492
56,000
8,707
26,702
14,866
10,594
115,500
24,500
78,000
9,000
Floating Debt funded (Mtge.)
Funded Coupons (Mortgage)
l< t( n
U 1C ((
«( it ((
1st Mortgage (Man. Jctn. to Har'b'g)
2d
1st " (Lynchburg to Danville)
Land " (Act March 6, 1871). .
With exception of dividend scrip and laud bonds, the whole amount is secured
on the road and general property.
The property has been in the hands of the President, as Receiver, since July,
1876. It is proposed to consolidate the whole debt under a general mortgage for
$8,000,000. Receiver has paid partial interest under the orders of the Court.
Directors.— R. A. Coghill, S. A. Coffman, T. C. S. Ferguson, Daniel F. Slaughter,
0. F. Suttle, W. E. Sinims, G. T. Pace, E. C. Marshall, C. M. Blackford, and W. T.
Clark.
JOHN S. B ARBOUR, President and Receiver Alexandria, Va.
Treasurer William H. Marbury.
Secretary L. Wilber Reid.
Superintendent of Transportation S. Spencer.
Auditor A. McLean.
Chief Engineer, etc Peyton Randolph.
Of.n. Ticket Agent J. M. Broadus.
Gen. Frt. Agent F. T. Hawks.
Master Machinist James E. Waddey.
Gen. Transportation Agent Jonas Fisher.
Gen. Eastern Agt. (N. Y.) . . George M. Huntington.
PRINCIPAL OFFICE AND ADDRESS Alexandria, Va.
WINCHESTER AND POTOMAC RAILROAD.
Line of Road. — Winchester, Va., to Harper's Ferry, W. Va 32 miles.
Sidings, 2 miles. Gauge, 4 feet 8| inches. Rail 56 Ibs.
Chartered in 1830, and road opened in 1836. At Harper's Ferry it connects with
Baltimore and Ohio R. R., by which Co. it has been operated since November 27,
1867, under a lease for 20 years from July 1, 1867, the B. and 0. R. R. Co. agreeing
to operate the road ; to pay the claim of the State of Virginia ; to guarantee $120,000
6 per cent, bonds to be issued in exchange for 7 per cent, bonds, and 50 per cent, of
past due interest accrued on the latter ; and to pay $27,000 for accrued interest on
various obligations. Operations included in returns of B. and O. R. R.
Financial Statement. — None furnished. Reported cost of road in 1836, $689,-
415.95.
Officers. — Same as Baltimore and Chio R. R. Co.
RAILKOAD MANUAL OF THE UNITED STATES.
WINCHESTER AND STRASBURG RAILROAD.
Line of Road. — Winchester ,Va., to Strasburg, Va 19 miles.
Sidings 1.50 mile. Gauge 4 feet 8i inches. Rail 56 Ibs.
Chartered about 1860, and road opened in July, 1870. It is leased to B. and O.
R. R. Go., by which it is operated, for 17 years from July 1, 1870, the lessees agree-
ing to operate the road and to pay 7 per cent, annually on all the outstanding stock
of the company. All operations included in returns of B. and 0. R. R. Co.
Operations for year ending September 30, 1877. — Train — miles run, 44,808. Pas-
sengers carried, 25,146 ; carried one mile, 352,044. Freight moved, 84,756 ; moved
one mile, 1,271,840 tons. Gross earnings, $43,412.11, Operating expenses, $36,-
348.34 ; net earnings, $7,063.77.
Financial Statement.— Capital stock, $600,000. The B. and O. R. R. Co. ad-
vanced toward construction $591,894.79, for which it holds the company stock or other
obligations.
Officers.— Same as Baltimore and Ohio R. R, Co.
442
ST.ATE OF KENTUCKY
Area, 37,630 square miles. Population 1,529,162. Assessed valuation, $608,043,484.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Track.
Length of Lines.
Total.
Kentucky.
1. Barren County (L. & N.)
Ft. In.
5 :
5:
5:
3:
4:8^
4:8X
5:
4:8^
4:8;*
3 :
5 :
5:
j 5:
( 4 :8#
5 :
5 :
5 :
3 :
5 :
4 :8^
4 :8#
4 :8>^
5 :
5 :
5 :
4 :8#
5 :
M.
10.50
571.00
158.00
6.00
34.00
33.70
99.00
14.00
174.70
11.00
650.64
1.20
4.13
49.50
115.00
528.60
19.50
349.50
1.10
30.00
36.00
185.70
2.00
353.20
18.60
10.00
M.
10.50
42.00
158.00
6.00
34.00
33.70
99.00
14.00
174.70
11.00
392.94
1.20
4.13
49.50
50.00
20.30
19.50
7.50
1.10
30.00
36.00
185.70
2.00
98.10
18.60
10.00
2. Chicago, St. Louis and New Orleans [La.
3. Cincinnati Southern .
4. Covington, Flemingsburg and Pound Gap
5. Eastern Kentucky
6. Elizabethtown, Lex. & Big Sandy (L.C. & L.). .
7. Kentucky Central..
8. Lexington and Big Sandy
9. Louisville, Cincinnati and Lexington
10. Louisville, Harrodsburg and Westport
11. Louisville and Nashville
12. Louisville Railroad Bridge
13. Lou. Ry. Transfer (L. & N. & L. C. &L.).. ..
14 Maysville and Lexington (K. C.)
15. Memphis, Paducah and Northern. . .[Tennessee
16 Mobile and Ohio [Alabama
17. Mount Sterling
18. Nashville, Chattanooga and St. Louis. ...[Tenn.
19. Newport and Cine. Bridge (L. C. &L.). . ..[Ohio
20. Ohio and Kentucky
21. Owensboro' and Nashville
22. Pa,duca.h and Elizabethtown
23 St Louis Iron Mtn & Southern
24. St. Louis and Southeastern [111.
25. Shelby ,
Total Length
3,454.57
1,509.47
RAILROAD MANUAL OF THE UNITED STATES.
443
CINCINNATI SOUTHERN" EAILWAT. (In Progress.)
Line of Road.— Cincinnati, O., to Chattanooga, Tenn 336 miles.
Gauge of track, 5 feet, Eail, 56 and 60 Ibs.
Rolling" Stock. — Locomotive engines, 4. Construction cars, 84.
This road is built by the City of Cincinnati, which, in its municipal capacity,
voted $16,000,000 for its construction and equipment. At the close of 1877 the track
was laid for 158 (steel, 104) miles, from the Ohio Kiver, opposite Cincinnati, to
Somerset, Ky., and the grading and masonry completed from that point to within
7 miles of Chattanooga, Tenn. Included in the works in progress is the bridges over
the Cumberland River. The Ohio River bridge was completed April 1, 1877. The
Kentucky River bridge has three spans of 375 feet each, with two piers about 280
feet high above the river bed. Includes what was originally known as the Lex-
ington and Danville, and more recently as the Cincinnati, Lexington and East
Tennessee, extending from Lexington to Nicholasville, 13 miles, and which is tempo-
rarily operated by the Kentucky Central R. R. Co. No report of rolling stock or
operations is furnished, and all information refused.
Financial Statement. — Description of the bonds issued by the City of Cincinnati
for construction purposes :
Character of
Bonds.
Date of
Issue.
Date of
Maturity.
Rate.
Interest
Payable.
Amount
Authorized.
Amount
Issued.
Annual
Interest.
Municipal of j
City of 1
Cincinnati.
July 1, 1872,
July 1, 1872.
May 1, 1876.
May 1, 1876.
July 1, 1902.
Jnly 1, 1902.
May 1, 1906.
May 1, 1906.
7.3 p. c.
7 "
6 "
7.3 "
Jan. and July. |
Jan. and July, j
May and Nov. |
May and Nov. j
$10,000,000 1
6,000,000 -j
$9,300,000
7'00,000
3,140,000
666,000
$678,900
49.000
188,400
48,618
Total, December 31, 1877.
$16,000,000 $13,806,000 $964,918
Average interest, 6.99 per cent. The 6s of 1876 are gold bonds.
Trustees. — Miles Greenwood, E. A. Ferguson, R. M. Bishop, Henry Mack and
John SchifT, Cincinnati, O.
The completed portion of the road has been leased to the Common Carrier Com-
pany, of which W. H. Clements is President.
Sec. and Treas.—M. L. Shoemaker.. Cincinnati, O. Superintendent— TZ. P. Wilson Cincinnati, O.
Auditor— R. S. Pomeroy " Gen. Frt. Agt.—V. M. Vancleef
Purch. Agent— Rufus King, Jr Cincinnati, O.
PRINCIPAL OFFICE AND ADDRESS. .No. 70 West Third Street, Cincinnati, O.
COVINGTON, FLEMINGSBUKG AND POUND GAP E. E.
(In Progress.)
Line of Road.— Johnson, Ky., to Piketon, Ky 150 miles.
In operation : Johnson to Flemington, Ky 6 "
Gauge, 3 feet. Rail, 30 Ibs.
444
RAILROAD MANUAL OF THE UNITED STATES.
The completed portion of the road was opened in 1877, and it is intended to
extend the line to Hillsboro, 10 miles, during the year. The road was placed in the
hands of a Receiver, by whom it is operated.
Qjjicers, etc., not reported.
EASTEEN KENTUCKY EAILKOAD.
Line of Road. — Riverton, Ky., to Willard, Ky 34 miles.
Sidings and other tracks, 2 miles. Gauge, 4 feet Si inches. Rail, 55 Ibs.
This road was built between 1865 and 1870 by the Kentucky Improvement Com-
pany. The present company took possession of the property January 1, 1870.
Rolling Stock (December 31, 1876).— Locomotive engines, 5. Revenue Cars —
passenger, 1 ; baggage, mail and express, 1 ; and freight, 139 (viz.: box, 9 ; platform,
49 ; and coal (4-wheel), 81) — total revenue cars, 141 ; service cars, 18.
Operations for year ending December 31, 1876. — Trains run, 70,323 miles. Pas-
sengers carried, 13,044; carried one mile, 190,423. Freight moved, 50,444 tons;
moved one mile, 874,374 tons. Earnings and expenses not reported. In 1874 the
earnings were $127,204.86 ; net, $47,514,55. No later information furnished.
General Balance, December 31, 1872.
Construction and Equipment $1,361,116 82
Eeal Estate, etc 721,004 96
Bills Payable and Accounts 487,014 11
Profit and Loss 70,760 68
$2,639,896 56
Capital Stock $1,500,000 00
Mortgage Debt 880,000 00
Bills Payable 249,80356
Other Liabilities . . , .... 10,093 00
$2,639,896 56
No later financial statement is furnished in detail.
Statement of funded debt :
Classes of Bonds.
|
Date of
Issue.
Date of
Maturity.
3 w
=« .
«P,
Interest Payable.
Amount of Bonds.
Author-
ized.
Issued.
Out-
standing.
1st Mort. (Ky. Imp. Co.)
1st " (E. K. R.R.Co.)
Nov. 1, 1866.
Aug. 1, 1870.
Nov. 1,1876.
Aug. 1. 1890.
6
6
May 1 and Nov. 1.
Feb. 1 and Aug. 1.
$500,000
2,000,000
$500,000
400,000
$500,000
380,000
Bonds of the Improvement Co. will be exchanged for those of R. R. Co.
NATHANIEL THAYER, President Boston, Mass.
Vice-Pres. & Gen. Spt.—R. W. Bates. Riverton, Ky. | Cashier— E,. Seyfert Boston, Mass.
PRINCIPAL OFFICE AND ADDRESS Riverton, Ky.
Fiscal Agency and Transfer Office. No. 77 State Street, Boston, Mass.
RAILROAD MANUAL OF THE UNITED STATES. 445
KENTUCKY CENTEAL EAILKOAD.
Line of Road.— Covington, Ky., to Lexington, Ky 99.00 miles.
Maysville and Lexington R. R. (N. Div.)— Paris, Ky., to Maysville, Ky. .49.50 "
Total lengtli of road owned, controlled, and operated by the Co 148.50 miles.
Sidings and other tracks, 16^ miles. Gauge, 5 feet. Rail, 56 and 60 Ibs.
The Covington and Lexington R. R. Co. was chartered February 29, 1849, and
road opened in 1856. The part from Paris to Lexington was built under the charter
of the Maysville and Lexington R. R. Co., and opened in 1859. These roads were
Bold in 1865, and the purchasing bondholders formed the Kentucky Central Associ-
ation, which, March 20, 1875, was chartered as the Kentucky Central R. R. Co.
The Maysville and Lexington R. R. Co. (Southern Division) bought the Northern
Division November 17, 1876, and the K. C. R. R. Co. took charge of its operations
under contract. The organization of each division of the M. and L. is kept up, but all
the operations are under the management of the K. C. R. R. Co.
Rolling Stock. — Locomotive engines, 19. Revenue cars — passenger, 17 ; bag-
gage, mail and express, 7; and freight (box, 240 ; platform, 50; caboose, 10; and
coal, 50) ; total, 350. Road and service cars, 52.
Operations for the fiscal year ending April 30, 1877. — Not reported.
Earnings.
From Passengers $212,786 97
" Freight 461,239 54
" Express, Mail, etc 32,44909
$706,475 60
Expenditures.
For Maintenance of Way $104,253 24
" Soiling stock 113,83574
" Transportation, etc 184,377 55
$402,468 53
Balance — net earnings, $304,007.07. Payments from net earnings — interest,
$74,970 ; and dividends on preferred stock (6 per cent.), and on common stock (4 per
cent.), $211,298. Balance— surplus, 17,739.07.
General Balance, May 1, 1877.
Construction and Equipment $5,257,000 00
Maysville & Lexington R. R 800,000 00
Stock, Dues, etc. . . 22,843 54
Cash in hand 169,939 06
$6,249,782 60
Capital Stock $5,000,000 00
Funded Debt 1,057,000 00
Current Accounts and Balances 1,922,?'82 60
$6,249,782 60
There are two mortgages on the road — one made by the Covington and Lexing-
ton Railroad Co., dated March 1, 1853, for $1,000,000 (now $820,000), and the other
made by the K. C. Association, dated June 1, 1865, for $600,000, of which only $237,-
000 was ever issued. Both bear 7 per cent, interest, and become due in 1883 and
1885 respectively. The first is provided for by a sinking fund of $30,000 per annum.
Directors (elected May 27, 1877).— John W. Stevenson and William Ernst, Cov-
ington, Ky. ; Elliot H. Pendleton, Cincinnati, O. ; James C. Gedge, Covington, Ky. ;
George H. Pendleton and George P. Bowler, Cincinnati, O. ; and Peter Zinn, Coving-
ton, Ky.
GEORGE H. PENDLETON, President. , Cincinnati, O.
William Ernst, Vice-President and Treasurer Covington, Ky.
Secretary and Gen. Tkt. Agent H. P. Ransom.
General Manager George P. Bowler.
Assistant Superintendent James R. Ledyard.
General Freight Agent Charles L. Brawn.
.PRINCIPAL OFFICE AND ADDRESS. .No. 730 Washington St., Covington, Ky.
446 RAILROAD MANUAL OF THE UNITED STATES.
LEXINGTON AND BIG SANDY EAILKOAD.
Line of Road.— Ashland, Ky., to Rush, Ky 14 miles.
Sidings, etc., 1 mile. Gauge, 4 feet 8-J inches. Rail, 56 Ibs.
This road is chiefly used for the transportation of coal and iron ore in Eastern
Kentucky. No report of its operations or financial condition is furnished.
JOHN MEANS, President Ashland, Ky.
Supt. and Treas.—W. F. Gaylord Ashland, Ky. \ Sec'y & Gen. Fgt. Agt.— Robert Peebles.. Ashland.
PRINCIPAL OFFICE AND ADDRESS Ashland, Ky.
LOUISVILLE, CINCINNATI AND LEXINGTON KAILWAT.
f Louisville, Ky., to Lexington, Ky 93.70 miles.
Road.— j Junction (37 80 m E Louisville) to Newport, Ky.81.00 "
Total length of railroad owned by company 174.70 miles.
Sidings, and other tracks, 27.8 miles. Gauge, 4 feet 8-J- inches. Rail, 50 to 57 Ibs.
Lines operated under lease, contract, and guarantee :
Newport and Cincinnati Bridge (joint guarantee) 1.10
Louisville Railway Transfer (narrow-gauge track leased) 4.13
Elizabeth town, Lexington and Big Sandy Railroad (leased) 33.70 — 38.93 miles.
Total length of all lines operated 213.63 miles.
Consolidation, September 11, 1869, of the Lexington and Frankfort R. R., char-
tered February 28, 1848, and completed March 19, 1849 ; and the Louisville and
Frankfort R. R., chartered March 1, 1847, and completed September 5, 1851. These
roads formed a line of 93.70 miles between Louisville and Lexington, and were the
first railroads constructed in Kentucky. For 10 years before consolidation they were
operated as one line, and the profits divided in proportion to length. By act of Feb-
ruary 2, 1866, the companies were authorized to construct a branch line to Cincin-
nati, and by act of January 19, 1867, assumed the title of the Louisville, Cincinnati
and Lexington Railroad, and issued joint mortgage bonds, secured on all their proper-
ties. The Cincinnati branch was completed July 1, 1869, and in the following Sep-
tember the consolidation was completed. The Shelby Railroad was purchased Sep-
tember 1, 1872, and operated as a branch of the main line to September 1, 1876, when
it was re-transferred to its original company. The company leased in 1872 the
Louisville Railway Transfer, and the Elizabethtown, Lexington and Big Sandy Rail-
road. The Newport and Cincinnati Bridge is used under joint guarantees by the com-
pany to reach its station (leased of the Pittsburg, Cincinnati and St. Louis Company)
in Cincinnati. The company became involved in financial trouble in 1873, and the
road was placed in hands of a receiver September 21, 1874. The road was sold October
1, 1877, and the purchasers subsequently organized a new company under the title of
the Louisville, Cincinnati and Lexington Railway Company.
Rolling Stock. — Locomotive engines, 31. Cars — passenger, 24; baggage and
mail, 14 ; freight (box, 188 ; stock, 95 ; rack, 25 ; platlorm, 105 ; gondola, 20 ; and
caboose, 10) 443. Total revenue cars, 481. Also, 39 service cars.
Operations for year ending June 30, 1877. — Trains- Tun — passenger, 371,852;
freight, 233,384— total, 605,236 miles. Passengers carried (local, 317,700 ; through,
RAILROAD MANUAL OF THE UNITED STATES.
447
68,080), 385,780; carried one mile, 15,431,162. Freight moved (local, 156,216;
through, 142,037), 298,258 tons ; moved one mile, 26,481,084 tons.
Earnings.
From Passengers $427,006 40
" Freight 566,38875
" Express and Mail 50,94468
Miscellaneous 5,02908
Expenditures.
For Maintenance '. $259,452 60
" Rolling Stock 169,83507
" Transportation 302,001 31
Miscellaneous 20,729 78
$1,049,368 91 $752,018 75
Balance— net earnings (28.33 per cent.) $297,350 15
Deduct — construction and betterments, $7,233.65; and ex-
penses, $944.33 ; rents for stations, etc., in Cincinnati,
$24,410.70 ; taxes, State, $13,992, and Louisville, $4,- .
618.69 ; loss on operating Elizabethtown, Lex. and Big
Sandy Railroad, $703.05 $51,902.42
Add — profit from operating Louisville Railway Transfer,
$1,847.22, and Newport and Cin. Bridge, $9,415.30 11,262 52. .40,639 90
Leaving a net profit on the year's business of $256,710 25
Interest on daily balances $20,270 14
Profits from operating Shelby Railroad, July and Aug., '76.. 2,185 34 22,455 48
Total amount, subject to the order of the Court, 1876-77 $279,165 73
Summary of general results from September 21, 1874 (date of receiver's ap-
pointment), to June 30, 1877, is given as follows :
1874-75 (9K mos.).
1875-76.
1876-77.
Gross Earnings
$738,721 28
$1,011,687 60
$1,049,368 91
Operating Expenses
625,800 57
734.798 04
752,018 76
Net Earnings.
157,920 51
276,889 56
297,350 15
Rentals Taxes and Guarantees
66,437 36
71,023 03
40,639 90
Net Profits .
91,483 25
205,cS66 53
256,710 25
Interest on daily Balances
4,030 48
17,012 44
20,270 14
Profits operating Shelby R. R
9,652 00
7,960 90
2,185 34
Net Profits subject to Court
165,165 73
230,839 87
279,165 73
Abstract of operations for eight years :
1869-70.
(174.7 m.)
1870-71.
;.(174.7 m.)
1871-72.
(175.8 m.)
1872-73.
(228.1 m.)
1873-74.
(228.1 m.)
1874-75.
(228.1 m.)
1875-76.
(175.8 m.)
1876-77.
(175.8 m.)
Train Miles . ...
515,748
617,296
641,850
959 672
519,018
605,236
Passengers
444,615
446,977
442,233
467,652
401,307
385,780
Freight Tons ... .
180,603
209,187
244,446
258 777
263,579
298,253
Earnings from
Passengers
$
502,379
516,518
$
491,277
$
516,428
$
512,597
$
496,256
$
443,894
$
427,006
Freight
391,836
414,440
485,472
627,651
602,835
565,373
508,562
566,389
Express, Mail,etc.
54,533
74,368
61,514
67,948
67,639
70,932
59,231
55,974
Gross Earnings...
Work'g Expenses
948,748
726,903
995,426
740,742
1,038,273
802,474
1,212,027
976,575
1,183,071
914,135
1,132,561
905,484
1,011,687
734,798
1,049,369
752,019
Net Earnings
Taxes,Rent ls,etc.
221,845
8,471
254,684
13,307
235,799
34,123
235,452
81,782
268,936
118,138
227,077
89,126
276,889
*71,023
297,350
*40,640
Profits
213,374
241,377
201 676
153 670
150,798
137,951
205,866
256,710
* Balances.
448
EAILEOAD MANUAL OF THE UNITED STATES.
Earnings p. mile..
Expenses "
Net Earn'gs j>. m.
Exp. to Earnings.
$5,430 72
4,160 86
$5,697 91
4,240 48
$5,943 18
4,593 44
$5,313 59
4.281 35
$5,186 63
4,007 60
$4,965 19
3,969 69
$5,754 76
4,179 74
$5,969 10
4,277 69
$1,269 86
76.02 p. c.
$1,457 83
74.42 p. c.
$1,349 74
77.29 p. c.
$1,032 24
80.56 p. C.
$1,179 03
77.27 p. c.
$995 50
79.95 p. c.
$1,575 02
72.63 p. c.
$1,691 11
71.67 p. c.
Road operated in 1872-75 (three years), included the Shelby Railroad and the
Elizabethtown, Lexington, and Big Sandy Railroad.
Financial Statement (June 30, 1873). — The latest general balance sheet pub-
lished is that for the year 1873, See MANUAL for 1877-78, page 390. The new com-
pany, which filed articles of association October 12, 1877, will issue — common stock,
$600,000, and preferred stock, $1,500,000, and bonds, second to assumed bonds, to the
amount of $1,000,000. These new stocks and bonds are to be exchanged for old
securities extinguished by the sale, and the owners of which joined in the purchase.
The property is valued at $8,000,000. The funded debt assumed by the new com-
pany amounts to $3,800,000 and is described as follows :
Classes of Bonds.
Date of
Issue.
Rate.
Interest
Payable.
Amount
Outstanding.
Annual
Charge.
1st Mortgage
Jan. 1 1867
7 p c
Jan. and July
$3,000,000
$210.000
2d Mortgage
April 1, 1870.
8 "
April and Oct.
700,000
56,000
Louisville Loan (L. & F. R. R. Co.)
Jan. 1, 1857.
6 "
Jan. and July
100,000
6,000
And there is an irredeemable debt to the State of Kentucky for right of way. It pays
6 per cent, yearly.
Incorporators (October 12, 1877). — E. D. Sayre, Henry Bell, M. C. Johnson, and
T. J. Bush, Lexington, Ky. ; and Edward Thompson, F. P. Schmidt, G. Spratt,
J. B. Wilder, George Ainslie, John P. Morton, John B. Bangs, M. C. Hite, W. G.
Anderson, Charles Tilden, George W. Morton, Jacob Krieger, Jr., Jacob Peter, Robert
J. Thomas, and S. A. Miller, Louisville, Ky.
J. B. WILDER, President Louisville, Ky.
Master Trans.— J. E. Reeves Louisville, Ky»
General Ticket Agt.—S. S. Parker.. •'
Freight A qt —Edgar Hill.. " "
General S>tpt.—John McLeod Louisville, Ky.
Sec. and Trtas.—S. S. Eastwood... "
Auditor — Wm. Mahl
Master Mech.—S. S. Pilson Louisville, Ky.
PRINCIPAL OFFICE AND ADDRESS Louisville, Ky.
LOUISYILLE RAILWAY TRANSFER.
Line of Koad.— L. C. and L. R. R., to L. and N. R. R 4.13 miles.
Sidings, etc., 0.82. Double gauge— 5 feet, and 4 feet 8i inches. Rail, 56 Ibs.
Constructed in 1872, as connection between the Louisville, Cincinnati and Lex-
ington and the Louisville and Nashville R. Rs. It is operated under lease.
Rolling Stock. — None owned. Furnished by lessees.
Operations for year ending June 30, 1877.— Gross earnings, $51,525.20; and
operating expenses, $19,531.59. Net earnings, $31,993.61. Lease rental, 8 per cent.
EAILROAD MANUAL OF THE UNITED STATES. 449
on capital stock, $1,624.72 ; 8 per cent, gold on bonds, $23,360 ; and $3,000 to sinking
fund, $30,146.39. Profit to lessees, $1,847.22.
Financial Statement (June 30, 1877).— Capital stock, $20,308.95; and funded
debt, 1st mortgage 8 percent, gold bonds, $292,000 — total (representing cost), $312,-
308.95.
PRINCIPAL OFFICE AND ADDRESS Louisville, Ky.
NEWPORT AND CINCINNATI BEIDGE.
Line of Road.— Newport, Ky., to Cincinnati, 0 1.1 miles.
Completed and opened for traffic July 1, 1872. Leased to the Louisville, Cincin-
nati and Lexington, and the Pittsburg, Cincinnati and St. Louis R. R. Cos. The two
guaranteeing $75,000 per annum.
Operations for year ending June 30, 1877. — Guaranteed traffic, $75,000, and
actual traffic, $53,070.32; deficit, $21,929.68; paid by the guarantors. Charges on
local freight, of L. C. and L. Ry. Co., amounted to $20,380.14, leaving a profit to that
company of $9,415.30.
PRINCIPAL OFFICE AND ADDRESS Cincinnati, O.
LOUISVILLE, HAEEOD'S CEEEK AND WESTPORT R. E.
Line of Road. — Louisville, Ky., to Prospect, Ky 11 miles.
Gauge, 3 feet. Rail, 30 Ibs.
This road was opened in 1875, but the officers refuse to furnish any information
of its operations or financial condition.
ALFRED WHITMAN, Superintendent Louisville, Ky.
PRINCIPAL OFFICE AND ADDRESS Louisville, Ky.
LOUISVILLE AND NASHVILLE EAILEOAD.
Line of Road.— Louisville, Ky., to Nashville, Tenn 185.0 miles.
MEMPHIS LINE.— Junction (118 m. S. W. L'ville), Ky., to Memphis, Tenn..259.1 "
Branches named below 206.5 "
Total length of lines owned by company 650.6 miles.
29
450 RAILROAD MANUAL OF THE UNITED STATES.
Other lines operated by company :
Barren County R. R.— Junction (91 m. S. L'ville), Ky., to Glasgow, Ky.. . 10.5 miles.
Nashville and Decatur R. R.— Nashville, Tenn., to Decatur, Ala 122.3 "
South and North Alabama R. R. — Decatur, Ala., to Montgomery, Ala 183.0 "
Total length of road operated by company , . ..966.4 miles.
Sidings, etc., 97.3 m. Gauge, 5 feet. Rail — iron, 56 and 60, and steel (164 m.), 56 Ibs.
Chartered March 2, 1850, and main line opened in November, 1859. The Knox-
ville Branch (now so called) was opened to Livingston, 109.9 miles, in September,
1870. The Richmond Branch, 33.8 miles, was opened in November, 1868. Surveys
for the extension of the Knoxville Branch to Cumberland Gap, a distance of 52.2
miles, were completed in 1870. The Cecilian Branch was built by the Louisville,
Paducah and Southwestern R. R. Co., and opened April 14, 1874; it was purchased
by the Louisville and Nashville R. R. Co., January 19, 1877. The Bardstowu Branch,
17.3 miles, was constructed by the Bardstown and Louisville R. R. Co., and came into
the possession of the L. and N. R. R. Co. by lease, February 24, 1860, and by purchase,
in June, 1865. The Memphis Line, within Tennessee, is a combination of the Mem-
phis, Clarksville and Louisville R. R., leased February 7, 1868, and purchased
October 2, 1871, and the Memphis and Ohio R. R., leased September 1, 1867, and pur-
chased June 30, 1872. The portion of the Memphis line, within Kentucky, was
built by the Louisville and Nashville R. R. Co. and before the purchases named, was
known as the Memphis Branch, which was completed in September, 1860. The lines
in Tennessee were built under an act, "To establish a System of Internal Improve-
ments," passed in February, 1852. The Barren County R. R., known as the Glasgow
Branch, is operated under temporary lease. The lease of the Nashville and Decatur
R. R. is dated May 4, 1871, and became operative July 1, 1872. The South and North
Alabama R. R. was built in the interest and is under the control of the L. and N. R.
R. Co. ; it was completed October 1, 1872. The accounts of these several lines oper-
ated are kept separately.
Rolling Stock. — Locomotive engines, 180. Cars — passenger, 73 ; baggage, mail
and express, 36 ; and freight (box, 1,697 ; caboose, 43 ; rack, 322 ; gondola, 609 ; and
platform, 406), 3,079. Total revenue cars, 3,186, also boarding cars, 47; wrecking, 9,
and tool, 19.
Operations (Main line and branches, 625.3 miles), for year ending June 30, 1877.
—Trains run— passenger, 896,713 ; and freight, 1,086,376— total, 1,983,089 miles.
Passengers carried — through, 96,506, and local, 431,490 — total, 527,996 ; carried one
mile— north, 15,550,219, and south, 15,905,371— total, 31,455,590. Freight moved—
through, 688,890, and local, 945,791— total, 1,634,681 tons; moved one mile— north,
67,306,312, and south, 71,520,004— total, 138,826,316 tons.
Earnings.
From Passengers $1,058,763 15
" Freight 2,426,80935
" Express 107,92750
" Mail 108,08919
Miscellaneous ... .... 158,367 85
$3,859,957 04
Expenditures.
Passenger Department, Expenses $844,338 10
Freight " " 1,339,77848
Main Line and Branches.. $1,374,810 00
Memphis Line 809.306 58
$2,184,116 58
Balance— net earnings, $1,675,840.46. Payments— interest, $1,025,903.28 ; and
dividend, No. 22, August 10, 1877, $135,054.00— total paid from net earnings, $1,160,-
957.28. Surplus, $514,883.18.
EAILEOAD MANUAL OF THE UNITED STATES. 451
Statement of earnings, expenses, and profit or loss on the several lines :
Miles.
Earnings.
Expenses.
Profit.
Loss.
Main Line
185.0
$2,332,261 72
$1,128,862 51
$1,203,399 21
Bardstown Branch
17 3
20,070 29
16,506 89
3,563 40
Knoxville "
109.9
302,884 83
174.574 65
128,310 18
Richmond "
33 8
29,389 21
43,900 75
$14,511 54
Cecilian "
20.2
15,893 41
10,965 20
4,928 21
Main and Branch Lines
366.2
$2,700,499 46
11,374,810 00
$1,325,689 46
Memphis Line
259 1
1,159,457 58
809,306 58
350,151 00
Total of all Lines
625.3
$3,859,957 04
$2,184,116 58
$1,675,840 46
Statement of earnings, expenses, etc., of all lines for five years :
1872-73.
(605.1 m.)
1873-74.
(605.1 m.)
1874-75.
(6U5.1 m.)
1875-76.
(605.1 m.)
1876-77.
(625.3 m.)
Gross Earnings
$4,909,426 44
$4,262,543 92
$3,694 444 66
$3 637 929 75
$3 859 957 04
Operating Expenses
3,498,303 29
2,943,360 30
2,392,507 71
2,180 111 59
2'l84'll6 58
Net Earnings
$1,411,123 15
$1,319,183 62
$1,301,936 95
$1 457 818 16
$1 675 840 43
Interest
745,838 59
942,208 95
1,148,836 25
1,117 297 76
1 025 903 28
Dividend
628,738 00
135 054 00
Surplus
36,546 53
376,974 67
253,100 70
340 520 40
514 883 18
Gross Earnings per Mile
$8,113 41
$7,044 36
$6 105 51
$6 012 11
$6 172 97
Operating Expenses per Mile.
5,781 36
4,864 25
3,953 91
3,602 89
3,492 91
Net Earnings per Mile
$2.331 05
$2.180 11
$2 151 60
$2 409 22
$2 680 06
Expenses to Earnings
71.26 p. c.
69.05 p. c.
64.78 p. c.
59.94 p. c
56 58 p c
The operating accounts of all the roads operated by the Louisville and Nashville
R. R. Company, for the years 1876-77, are as follows :
Main Line
and Banches.
(625.3 m.)
Nashville and
Decatur.
(122.3 m.)
North and S.
Alabama.
(183.0 m.)
Glasgow
Branch.
(10.5 m.)
Total of all
Lines.
(941.1 m.)
Train Miles
1,983,089
$1,058,763 15
2,426,809 35
874,384 54
365,983
$168,816 99
479,635 34
31,139 28
595,100
$177,892 87
538,889 41
41,899 73
16,676 ,
$5,460 11
10,369 59
1,266 44
2,962,848
$1,410,933 12
3,455,703 69
448,689 99
Earnings from Passengers
" Freight.
" Exp., Mail, etc.
Total Earnings
$3,859.957 04
$679,591 61
$758,682 01
$17,096 14
$5,315,326 80
Operating Expenses
$2,184,116 58
$416,746 24
$560,825 81
$13,117 89
$3,174,806 52
Net Earnings
$1,675,840 46
$6,172 97
3,492 91
$262,845 37
$5,570 42
3,415 95
$197,856 20
$4,145 81
3,064 62
$3,978 25
$1,628 20
1,249 32
$2,140,520 28
$5,647 99
3,373 50
Gross Earnings per Mile
Oper. Expenses "
Net Earnings per Mile
$2,680 06
56.58 p. c.
$2,154 47
61.32 p. c.
$1,081 19
73.93 p. c.
$378 88
76.74 p. c.
$2,274 49
59.73 p. c.
Expenses to Earnings
452
BAILKOAD MANUAL OF THE UNITED STATES.
Statement of the aggregate of earnings, etc., yearly, for five years
1872-73.
(875.1 m.)
1873-74.
(920.9 m.)
1874-75.
(920.9 m.)
1875-76.
(920.9 m.)
1876-77.
(941.1 m.)
Gross Earnings
$6,106,051 84
$5,510,695 45
$4,863,873 80
$4,961,490 29
$5,315,326 80
Operating Expenses
4,622,004 47
3,945,313 11
3,181,740 96
2,993,530 24
3,174,806 52
Net Earnings
$1,484,047 37
$1,565,382 34
$1,682,132 84
$1,967,960 05
$2,140,520 28
Gross Earnings per Mile
$6,977 55
$5,984 03
$5,281 65
$5,387 65
$5,647 99
Oper. Expenses "
5,281 69
4,284 19
3,454 99
3250 65
3 373 50
Net Earnings per Mile
$1,695 86
$1,699 84
$1,826 66
$2,137 00
$2,2?'4 49
Expenses to Earnings
75.69 p. c.
71.59 p. c.
65.41 p. c.
60.33 p. c.
59.73 p. c.
Abstract of Profit and Loss account for five years (June 30) :
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
Balance from previous year. . .
Gross Earnings (L. and N.) . .
(N. & D. R. R.)
Premium and Sundry Acc'ts...
$1,773,412 78
4,909,426 44
695,046 21
14,010 00
$1,781,636 92
4,262,543 92
667,946 00
550,876 19
$2,481,032 94
3,694,444 66
594,657 65
773 50
$2,446,239 43
3,637,929 75
631,780 68
344 57
$2,653,380 48
3,859,957 04
679,591 61
3,812 78
Total
$7,391,895 43
$7 263 003 03
$6 773 908 75
$6 716 294 43
$7.196 741 91
Operating Expenses (L. & N.)
Interest and Discount "
Operating Exp. (N. & D. R.R.)
Interest
Dividend Account "
$3,498,303 29
745,838 59
585,887 72
109,158 49
$2,943,360 30
962,406 45
523,546 97
188,988 56
$2,392,507 71
1,148,836 25
388,442 58
184,354 16
45,360 00
$2,180,111 59
1,137,676 56
382,074 82
152,832 21
111,050 73
$2,184,116 58
1,075.256 08
416,746 24
150,184 12
98,553 44
Sundry Charges
Loss Account
42,332 42
61,870 81
101 797 00
210,528 62
99,168 04
52,151 46
Dividend Account (L. & N.) . .
628,738 00
135,054 00
Total
$5,610,258 51
$4 781 970 09
$4 324 669 32
$4 062 913 95
$4 1 12 061 86
Balance to next year
$1,781,636 92
$2 481 032 94
$2 446 239 43
$2 653 380 48
$3 084 680 05
The premium account includes, in 1873-74, proceeds over cost of S. and N. Ala.
8 per cent, gold bonds, $360,982.15, and of S. and N. Ala. 7 per cent, sterling bonds,
$145,998.50— total, $506,980.65.
Statement of the funded debt in detail :
Classes of Bonds.
Date of
Issues.
Rate.
(Interest
Payable.
Principal
Payable.
Amount of
Bonds.
Annual
Charge.
Consol. Sinking Fund Mortgage. .
2d Mortgage, gold
April 1, 1868
Nov. 1, 1873
May 1, 187(i
June 1, 1871
May 1,1866
Aug. 1, 1872
Nov. 16, 1865
1856-63.
charge there
7 p. c.
7
7
7
6
6
7
6
on
Apr. & Oct.
May & Nov.
May & Nov.
June & Dec.
May & Nov.
Feb. & Aug.
May & Nov.
Various.
April 1, 1898.
Nov. 1, 1883.
May 1, 1883.
June 1, 1901.
May 1, 1876.
Aug. 1, 1902.
Nov.l6,'80-'85
'86 to '93.
$7,070,000
2,000,000
80,000
3,500,000
1,500
2,336,730
88,000
1,408,000
$494,900
140,000
5,600
245,000
90
140,204
6,160
84,480
1st " Main Office
Memphis and Ohio, 1st Mortgage.
Income
M. C. &L.lstMort.(£481,800)s'grd
Leb. Br. Extn., 1st Mortgage
City of Louisville
Total of all classes and annual
$16,484,230! $1,116,434
RAILROAD MANUAL OF THE UNITED STATES.
453
General Balance, June 30, 1877.
Roads and Outfit ($39,543.84 p. m.)... $23,927,979 04
Real Estate, Timber & Quarry Lands. 987,554 01
Cecilian Branch (instalment) 76,622 21
Gold Bonds of 1873 (unissued) ....... 1,154,015 61
Stocks and Bonds 3,263,102 48
Shop and Fuel Stocks 470,786 64
South and North Ala. R. R. Co 246,189 51
Nashua and Decatur R. R. Co 337,788 23
Accounts 466,849 07
Cash 125,47989
$31,056,366 69
Capital Stock ($14,879.22 per mile). . . $9,003,418 82
Funded Debt ($27,242.16 per mile).. . 16,484,230 00
Bills Payable 1,486,534 02
Sundry Persons $226,256.06
Bills and Pay Rolls 426,417.36
Back Dividends 37,466.18— 690,139 60
Interest due July 1 and August 1 172,310 2
Dividend No. 22, due August 10 135,054 00
Profit and Loss. .. 3,084,680 05
$31,056,366 69
Stocks and bonds include — Alabama State 5 percent, bonds, $330,000 ; S. and
N. Ala. 2d mortgage bonds, $1,000,000; Louisville Bridge stock, $181,400; Pull-
man Southern car company stock, $84,000; sundry railroad bonds, $447,007.53
and sundry railroad stock, $1,220,694.95.
Abstract of the general balance sheet, yearly (June 30), for five years :
1873.
1874.
1875.
1876.
1877.
Miles of Railroad owned
Locomotive Engines
. 605.10
180
605.10
197
605.10
198
605.10
194
605.10
180
Passenger Cars.
52
79
79
80
73
Baggage, Mail and Express. . .
Freight Cars
46
3,076
44
3,201
44
3 198
36
3 134
36
3 186
Capital Stock
$
8,988,439 03
S
8,984 601 13
$
8988301 13
S
9 003 218 82
$
9 003 418 82
Funded Debt
14 820 500 00
14 767 000 00
17 206 810 00
16 555 710 00
16 484 230 00
Bills Payable
3,706,320 64
3 295 354 95
1,627 139 13
1 693' 750 00
1 486 534 02
Dues and Accounts
1 146 327 12
814 845 63
617 093 42
585 984 91
690 139 60
Interest due July and August.
90,927 46
178,975 86
179,279 88
172,310 20
Dividend due August
359,296 00
135 054 00
Profit and Loss
1,781,636 92
2,481,032 94
2 446 239 43
2 653 380 48
3 084 680 05
Total Liabilities
30,795,519 71
29,233,762 11
31 064 552 47
30 671 324 20
31 056 366 69
Road and Outfit
22 946 338 79
23 691 299 34
23 798 970 42
23 908 819 69
23 927 979 04
Cecilian Branch (45.54 m.). . . .
76,622 21
Rt'al Estate, etc
115 208 54
923 257 88
927518 27
987,554 01
Gold Bonds (unissued)
1 900 000 06
1 350 000 00
1,154 015 61
Shop and Fuel Stock.
1,002,739 80
926 505 10
739 298 00
376 521 41
470,786 64
Stocks and Bonds
1,808,783 22
1,803,869 32
1 775 849 72
1,944,905 33
3,263,102 48
S. & N. Ala R. R. Company..
N. & D. R. R. Company
Accounts and Cash
3,838,356 50
531,282 44
668 418 96
1,111,250 96
528,841 58
1 056 787 27
713,282 28
562,083 36
651 817 31
1,139,740 35
298,752 03
725 067 12
246,189 51
337,788 23
592 328 96
Total Resources
30 795 519 71
29 233 762 11
31 064 558 97
30 671 324 20
31,056 366 69
The discount was on the sale, chiefly, of ten year gold bonds.
The deficiency in N. and Decatur R. R. earnings for 1872-73, was made up by
lessees and charged in 1873-74. The total interest was $210,955.49, and the net earn-
ings only $109,158.49. Deficit, $101,797.
45 i KAILROAD MANUAL OF THE UNITED STATES.
The gross earnings for the six months ending December 31, 1877, were $3,011,-
337.37; operating expenses, $1,670,111.50; net earnings, $1,341,225.87, as against
$2,757,633.17 earnings, $1,621,838.10 expenses, and $1,135,795.07 net for correspond-
ing six months of the previous year. Out of those earnings were paid $850,000 inter-
est and $75,000 to sinking fund, leaving a surplus of $416,225.87.
Directors (elected October 3, 1877). — E. D. Standiford, H. Victor Newcomb,
B. F. Guthrie, N. B. Caldwell, W. H. Smith, H. C. Murrell, W. M. Farrington,
George A. Washington, P. J. Potter, George H. Hutchings, and James W. Hayes.
E. D. STANDIFORD, President & General Manager. .Louisville, Ky.
H. Victor Newcomb, Vice-President " "
Secretary ... Willis Ranney
Assistant Secretary A. M. Quarrier.
General Superintendent D. W. C. Rowland.
Chf. Engr. & Supt. of Machinery . .F. de Funiak.
Attorney Russell Houston.
Treasurer — . . .C. B. Simmons.
General Freight Agent M. H. Smith-
General Pass. & ticket Agent C. P. Atmore-
Paymaster W. W, Thompson.
Comptroller Cushman Quarrier.
Auditor H. T. Curd.
Purchasing Agent G. C. Breed.
PRINCIPAL OFFICE AND ADDRESS Louisville, Ky.
Financial Offices : JDrexel> Morgan & Co- -Wall c. Broad, New York City.
I Baring Brothers London, England.
BARREN COUNTY EAILEOAD.
Line of Road. — Junction (91 m. S. W. L'ville), Ky.,to Glasgow, Ky.. 10.50 miles.
Sidings and other tracks, 0.44 mile. Gauge, 5 feet. Kail, 50 Iba.
Rolling1 Stock. — None owned. Furnished by lessees.
Leased and operated since completion by the Louisville and Nashville R. R. Co.
Net earnings go to lessors.
Operations for the year ending June 30, 1877. — Included in lessees' returns.
Gross earnings/ $17,096.14; and operating expenses, $13,117.89 ; net revenue, $3,-
978.25.
Financial Statement. — Capital stock, $133,000 ; 1st mortgage 7 per cent, bonds
(owned by lessees), $40,000; and floating debt, $6,500; total stock, bonds and debt,
$179,500. Cost of road and appurtenances, $175,000.
J. R. GARNET, President Glasgow, Ky.
Secretary and Treasurer Charles L. Hill. \ Superintendent D. W. C. Rowland.
PRINCIPAL OFFICE AND ADDRESS Glasgow, Ky.
MOUNT STEELING EAILEOAD.
Line of Road. — Mount Sterling, Ky., to Cornwells, Ky 19.50 miles.
Sidings and other tracks, 1.50 mile. Gauge, 3 feet. Rail, strap.
This road was built in 1876 by the Mount Sterling Coal Mining Company, chiefly
for their own accommodation.
RAILROAD MANUAL OF THE UNITED STATES. 455
Rolling Stock.— Locomotive engines, 2. Passenger, car, 1 ; and freight cars, 40.
Operations. — Not reported.
Financial Statement, December 31, 1877.— Capital stock, $40,000 : Cost of road,
$175,000.
J. M. BENT, President Mt. Sterling, Ky.
Secretary J.W.Jordan. | Treasurer William Mitchell-
Superintendent— C. W. West Cynthiana, Ky.
PRINCIPAL OFFICE AND ADDRESS Mt. Sterling, Ky.
OHIO AND KENTUCKY COAL AND IKON R. R.
(In Progress.)
Line of Road. — Sandsburg, Ky., to Boone Furnace, Ky 30 miles
This road was built for the transportation of coal and iron from the mines and
furnaces to the Ohio River. It was intended to extend it to a connection with the
Kentucky and Great Eastern and the Lexington and Big Sandy Railroads. Contri-
butions of lands, amounting to 200,000 acres, have been made along the line of road.
The capital stook is fixed at'$2,000,000.
In 1875 it defaulted on its interest, and by decree of court the road was sold
under foreclosure May 10, 1877, and no report of its present condition is furnished.
No later information furnished.
NATHANIEL SANDS, President and Treasurer New York City.
W. J. A. Baldwin, Vice -President " ' "
Secretary— Francis A. Sands New York City. | Superintendent— John Byrne Cincinnati, 0.
PRINCIPAL OFFICE AND ADDRESS Cincinnati, 0.
OWENSBORO' AND NASHVILLE RAILEOAD.
Line of Road. — Owensboro', Ky., to Junction P. and E. R. R 36 miles.
Sidings, etc., 1.25 miles. Gauge, 5 feet. Rail, 45 and 56 Ibs.
This company was organized as the Owensboro' and Russellville R. R. Co. in
February, 1867. It was reorganized as the Evansville, Owensboro' and Nashville R.
R., and the present line completed and grading done to the Tennessee State line,
85 miles, at a cost of some $2,500,000, of which $1,500,000 was raised by sale of stock.
The road was sold under foreclosure May 29, 1877, and the present company formed
by the bondholders.
Rolling Stock.— Locomotive engines, 2. Cars— passenger, 2; baggage and
freight, 24 ; service cars, 6.
Operations for six months ending December 31, 1877.— Trains run, 54,497 miles.
Passengers carried, $6,305 ; freight moved, 5,846 tons. Earnings not reported, all
surplus being spent in construction.
456
RAILROAD MANUAL OF THE UNITED STATES.
Financial Statement. — None furnished. It is intended to complete the road to
the Tennessee line during the present season.
Directors (elected July 1, 1877).— J. G. Barret, James Todd,G. H. Cochran, Louis-
ville, Ky. ; J. G. Brown, Morris McDonald, New Albany, Ind.; James Weir, T. S.
Anderson, Owensboro' Ky.
J. G. BARRET, President Louisville, Ky.
Sec. and Treas.—G. T. Wood Louisville, Ky. I Supt.—T). T. Whitcomb Owensboro', Ky.
Master Mech.—A. E. Nicholson Owensboro1, ' | Gen. Tkt. & Frt. Agt.—G. A. Williams. "
PRINCIPAL OFFICE AND ADDRESS Louisville, Ky.
PADUCAH AND ELIZABETHTOWN EAILKOAD.
Line of Road.— Elizabethtown, Ky., to Paducah, Ky 185.7 miles.
Sidings and other tracks, 11 miles. Gauge, 5 feet. Rail (steel, 6.5 m.), 50 to 60 Ibs.
Reorganization of Elizabethtown and Paducah, and Paducah, Elizabethtown and
Southern R. R. Cos. Opened from Elizabethtown to Paducah, 185.7 miles, September
6, 1872 ; and from Cecilia Junction to Louisville, 45.4 miles, April 17, 1874. De-
faulted on 1st mortgage coupons September 1, 1874. Sold in foreclosure August 24,
1876, the bondholders becoming purchasers, the main line (Elizabethtown to Paducah)
for $700,000, and the Louisville Extension for $540,000, subject to the 1st mortgages
on the parts severally. Present company organized February 1, 1877. The Louis-
ville line (L. to Cecilia) was subsequently purchased by the Louisville and Nashville
R. R. Co. for $600,000, and taken possession of January 19, 1877.
Rolling Stock (January 31, 1878). — Locomotive engines, 17. Cars — passenger,
6 ; baggage, mail and express, 4; and freight, 324, viz. : box, 26 ; stock, 20 ; platform,
228 ; and coal (4- wheel), 50. Total of all revenue cars, 334. Also, service cars, 54.
Operations for year ending January 31, 1878. — Trains run — passenger, 129,953 ;
other, 245,352 — total, 375,305 miles. Passengers carried, 53,170; freight moved,
216,146 tons.
Earnings.
From Passengers $85,942 04
" Freight 234,12344
" Express, Mail, etc 20,20000
Expenditures.
For Maintenance of Way $116,736 29
" Eolling Stock 90,82098
" Transportation, etc 74,64024
$340,265 48 $282,197 51
Balance — net earnings, $58,067.97. Payments : Interest, $17,150.36; other pay-
ments, $5,000— total, $22,150.36.
Financial Statement, January 31, 1878.— Capital stock, $2,853,000 ; funded debt,
$1,358,192. Bills payable, $4,600; other liabilities, $25,907.69— total, $4,241,699.69.
Cost of road and equipment not stated.
Statement of funded debt in detail :
Classes of Bonds.
Date of
Issue.
Date of
^Redemption.
Kate.
Interest
Payable.
Amount
of Bonds.
Annual
Interest.
let Mortgage
Feb. 1, 1877.
Feb. 1, 1897.
8 p. c.
Jan and July
$500000
$216 992
8d " Income
>i t<
It U
7 D. C.
u U
1 200 000
1,141,200
RAILROAD MANUAL OF THE UNITED STATES. 457
Directors (elected October 1, 1877).— H. W. Smitliers, H. C. PiDdell, W. F. Nor-
ton, B. DuPont, Louisville, Ky.; Ex. Norton, Hopkinsville, Ky.; A. Marcus, W. B.
Bown, J. Hallgarten, and J. E. Devlin, New York City.
H. W. SMITHERS, President Louisville, Ky.
Vice-President— H. C. Pindell Louisville, Ky.
Gen. Manager — A. Anderson.. Elizabethtown, "
Treas. — August Kutten New York.
Sf.cy.—'R. W. Brown Elizabethtown, Ky.
Master Mechanic— W. D. Robb.
Boad Master — H. S. Heywood, Paducah, "
PRINCIPAL OFFICE AND ADDRESS Elizabethtown, Ky
SHELBY KAILKOAD.
Line of Boad. — Junction L. C. and L. R. R., to Shelby ville, Ky. . . .18.60 miles.
Sidings, etc., 1 mile. Gauge, 5 feet. Rail, 56 Ibs.
This road was opened in 1872, and sold to L. C. and L. R. R. Co., by whom it
was operated until September 1, 1876, when it reverted to the original company by
whom it has since been operated.
No report is furnished of operations or financial condition.
F. NEEL, President Shelbyville, Ky.
Superintendent, Geo. Petry " "
PRINCIPAL OFFICE AND ADDRESS Shelbyville, Ky.
SOUTHWESTEKN KAILBOAD.
Line of Road.— Harrodsburg, Ky., to Junction Cinci. Southern R. R.. .10 miles
Sidings, 0.25 mile. Gauge, 5 feet. Rail, 56 Ibs.
This road was opened toward the close of 1877.
Rolling Stock. — Locomotive engine, 1. Cars, not reported.
Financial Statement, December 31, 1877.— Cost of road, $100,000. Stock and
bonds not reported.
M. TABLER, President Harrodsburg, Ky.
PRINCIPAL OFFICE AND ADDRESS Harrodsburg, Ky.
458
KAILKOAD MANUAL OF THE UNITED STATES.
ST.ATE OF NORTH
Area, 50,704 square miles. Population, 1,146,356. Assessed valuation, $148,564,557.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Tracks.
Length of Lines.
Total.
N. Car.
1. Atlanta and Charlotte Air-Line
[Georgia
Ft. In.
5
4 S%
4 8#
4 8#
5
3
4 8#
3
5
5
4 8#
4 8X
4 8%
5
4 S%
4 8#
4 8^
4 8%
4 8#
4 8X
5
4 8#
M.
269.00
95.00
46.80
242.00
195.00
52.00
25.00
9.00
223.00
29.00
82.00
98.75
97.00
48.50
6.25
80.00
26.50
43.00
114.00
2.00
189.00
180.50
jr.
34.70
95.00
46.80
242.00
10.50
17.00
25.00
4.00
223.00 '
29.00
25.69
98.75
97.00
42.50
6.25
20.00
5.50
43.00
114.00
2.00
63.50
180.50
2. Atlantic and North Carolina
3. Atlantic, Tennessee and Ohio
4. Carolina Central
5. Charlotte, Columbia & Augusta. ..[S.
6. Chester and Lenoir [S.
Carolina
Carolina
7. James ville and Washington
8. Milton and Sutherlin
[Virginia
9. North Carolina (R. and D.)
10. Northwestern North Carolina (R. and
11. Petersburg:. .
D.)
[Virginia
12. Raleigh and Augusta Air-Line
13. Raleigh and Gaston
14. Richmond and Danville (Piedmont)..
15. Scotland Neck
[Virginia
16. Seaboard and Roanoke
[Virginia
Carolina
17. Spartanburg and Ash ville [South
18. Western, of North Carolina
19. Western North Carolina
20. Wilmington R. R. Bridge
21. Wilmington, Columbia & Augusta.. [S
22. Wilmington and Weldon (W. C. and .
Total Length
Carolina
(L)..
2,153.60
1,425.69
BAILBOAD MANUAL OF THE UNITED STATES. 459
ATLANTIC AND NORTH CAEOLINA EAILEOAD.
Line of Road. — Goldsboro', N. C., to Moreliead City, N. C 95 miles.
Sidings and other tracks, 5 miles. Gauge, 4 feet 8^ inches. Rail, 56 Ibs.
Chartered in 1853 ; construction commenced 1855, and road opened June 7, 1858.
The State of North Carolina owns about one-half the capital stock. No late infor-
mation obtained after repeated inquiries.
Rolling Stock. — Locomotive engines, 9. Passenger cars. 7 ; baggage, mail and
express cars, 5 ; and freight cars, 78 — total revenue cars, 90. Also, service cars, 7.
Operations, etc. — No returns for the past six years.
Financial Statement, May 31, 1872.— Capital stock, $1,600,000 ; and funded debt,
1st mortgage 8 per cent, bonds, dated 1868, and due 1888, $200,000. Cost of road not
stated.
All other and later information refused.
JOHN HUGHES, President New Berne, N. C.
Secretary and Treasurer W. H. Oliver. | Freight Agent P. H. Adams.
PRINCIPAL OFFICE AND ADDRESS New Berne, N. C.
ATLANTIC, TENNESSEE AND OHIO EAILEOAD.
Line of Road.— Charlotte, N. C., to Statesville, N. C 46.80 miles.
Sidings and other tracks, 2.35 miles. Gauge, 4 feet 8£ inches. Rail, 50 Ibs.
Road completed in 1863 ; but dismantled in 1863, and the rails, etc., carried away
for use on the Piedmont and other military roads. Reopened June 22, 1871. No
information has been received relating to this road since 1873.
Rolling' Stock (1873). — Locomotive engines, 2. Passenger cars, 2 ; baggage, mail
and express cars, 2 ; and freight cars, 22 — total revenue cars, 26.
Operations. — No report.
Financial Statement, May 31, 1873.— Capital stock, $424,100; funded debt,
bonds and interest, $158,624; bills payable, $94,110.83; and profit and loss,
$81,697.54. Per contra : Construction, $612,693.82 ; bonds receivable, $133,700 ;
and current accounts, $15,138.55. Balance total, $761,532.37.
WILLIAM R. MYERS, President Charlotte, N. C.
J. J. Gormley, Superintendent Statesville, "
PRINCIPAL OFFICE AND ADDRESS Charlotte, N. C.
CAROLINA CENTRAL RAILWAY.
Line of Road.— Wilmington, N. C., to Shelby, N. C 242 miles.
Sidings and othe'r tracks, 12.1 miles. Gauge, 4 feet 8i inches. Rail, 56 Ibs.
Chartered as the Wilmington, Charlotte and Rutherfordton R. R. Co., February
14, 1855. The existing company was chartered February 20, 1873, and took posses-
460 RAILROAD MANUAL OF THE UNITED STATES.
sion May 3, 1873. The road was opened to its present terminus September 22, 1875,
It is now in tlie hands of Receivers, appointed April 5, 1876.
Rolling Stock. — Locomotive engines, 22. Cars — passenger, 11 ; baggage, mail
and express, 6 ; and freight (box, 184 ; stock, 3 ; platform and timber, 75 ; and
caboose, 11), 273 ; total cars, 290. Service and dump cars, 42.
Operations for year ending March 31, 1878.— Trains run, 400,531 miles. Pas-
senger and freight returns — not furnished.
Earnings.
From Passengers $49,493 64
" Freight 338,87922
" Mail and Express 14,77591
Miscellaneous... 5,33424
Total, 1877-78, ($1,687.95 per mile) .. $408,483 24
" 1876-77, ( 1,589.13 " " ).. 384,56952
" 1875-76, ( 1,698.14 " ").. 410,950 49
Expenditures.
For Maintenance of Way $98,388 85
" RollingStock 81,74688
" Transportation 69,49454
Miscellaneous 30,749 36
Total, ($1,158.59 p. m.; 60.63 p. c.) .. $280,379 63
" ( 1.061.35 " 66.10 " ).. 256,84694
" ( 1,099.29 " 64.74 " ).. 266,02716
Balance— net earnings for 1877-78, $128,103-61 ; for 1876-77, $127,722.58; and
for 1875-76, $144,923.33. Interest on bridge bonds, $16,000 annually.
Financial Statement, March 31, 1876 (latest report).— Preferred stock, $4,202,-
000 ; and funded debt, $6,000,000 : total stock and bonds representing cost of prop-
erty, $10,202,000. The bonds of the funded debt are of two classes — 1st mortgage
8 per cent, gold 20-year bonds, dated July 1, 1872, and 2d mortgage (income) 7 per
cent. 40-year bonds, dated April 1, 1874 — each class for $3,000,000. Wilmington
Bridge bonds, $400,000, bearing 8 per cent, interest, and are jointly guaranteed by
the company and acknowledged by the Receivers.
Receivers' General Balance Sheet. March 31st, 1878. — Liabilities: current ac-
counts, $34,263.37, and profit and loss, $221,143.80; total, $255,407.57 ; and— Assets :
materials and fuel, $24,250,30; cash on hand, $33,129.17; construction, $6,163.24;
equipment, $26,882.18; and improvement, $12,160.34; and Carolina Central Rail-
way Co., $136,588.47; total, $255,407.57.
A. V. STOUT, -j ( New York City.
T. H. PORTER, > Receivers \ " "
J. B. GRAINGER, ) ( Wilmington, N. C.
C. H. ROBERTS, Gen. Manager and PurcJi. Agent. " "
Sec. and Treas. — C. Goddard New York.
Assis. Treas. — I. T. Alderman.. Wilmington, N. C.
Gen. Supt.—V. Q. Johnson
Mast. MecJi. — James Magi enn... Wilmington, N. C.
Gen. Tkt.&Fgt.Agt.—F.W. Clark
Auditor— W. N. Bowden . . "
PRINCIPAL OFFICE AND ADDRESS Wilmington, N. C.
Fiscal Agency No 6 Broad Street, New York City.
JAMESYILLE AND WASHINGTON KAILEOAD.
Line of Road. — Jamesville, N. C. to Washington, N. C , 25 miles.
Sidings, 0.5 mile. Gauge, 4 feet 8£ inches. Rail, 30 Ibs.
BAILEOAD MANUAL OF THE UNITED STATES.
461
This road was opened to its present terminus in 1877. No report of operations or
financial condition is furnished.
A. Fisher, Manager . H. H. Fisher, Accountant, Dymond City, N. C.
PRINCIPAL OFFICE AND ADDRESS Dymond City, N. C.
NOKTH CAKOLINA EAILEOAD.
Line of Road.— Charlotte, N. C., to Goldsboro', N. C 223 miles.
Sidings and other tracks, 11.5 miles. Gauge, 4 ft. 8i inches. Hail, 56 Ibs.
Chartered January 27, 1849. Construction commenced July 11, 1851, and com-
pleted January 30, 1856. Leased, September 11, 1871, to Richmond and Danville R. R.
Co. for 30 years, at an annual rental of $260,000.
Rolling Stock. — Locomotive engins, 23. Cars — passenger, 1st class, 6 ; and 2d
class, 10 ; baggage, mail and express, 12 ; conductors', 9 ; and freight, 225 — viz. : box
and stock, 167 ; and platform, 58 — total revenue cars, 262. Also, service, cars — viz. :
paymaster's, 1 ; and shanty (boarding), 8.
Operations for year ending September 30, 1877. — Trains run, 427,513 miles. Pas-
sengers carried, 94,333 ; carried one mile, 5,306,253. Freight moved, 119,638 ; moved
one mile, 8,117,497 tons.
Earnings.
From Passengers $198,782 98
" Freight 229,62275
" Other Sources 39,59026
$467,995 99
Expenditures.
For Maintenance of Way $102,765 68
" Rolling Stock 89,31673
" Transportation, etc 112,528 71
$305,511 22
Balance, net earnings, $163,384.87 goes to lessees. Loss to lessees on operations
for year, $96,615.23.
Statement of general account for five years (May 31) :
1872.
1873.
1874.
1875.
•4 Ql**f*
lOrfO,
Capital Stock (shares, $100,)
$
4,000,000 00
$
4 000 000 00
$
4,000,000 00
$
4,000,000 00
$
4,000,000 00
Funded Debt
550,000 00
434,500 00
418,500 00
418,500 00
414,500 00
48,121 26
57,478 24
178,888 33
21,866 73
18,795 72
Profit and Loss
871,967 11
851,830 90
812,933 39
1,056,305 87
1,038,727 41
Total Liabilities
5,470,088 37
5,343,809 10
5,410,321 92
5,496,672 60
5,472,023 13
Road and Equipment
4,943,739 74
4,942,247 05
4,942,261 05
4,936,645 72
5,934,784 72
Railroad Stocks
116,200 00
116,200 00
116,200 00
114,200 00
114,200 00
Sinking Fund (8 per cent, bonds)
204,000 00
204,000 00
204,000 00
204,000 00
264,000 00
158,418 23
59,314 72
69.868 96
109,382 68
152,056 98
Cash on Hand
47,730 40
22,047 37
77,991 91
132,344 20
66.981 43
Total Property and Assets
5,470,088 37
5,343,809 14
5,410,321 92
5,496,672 00
5,472,023 13
i The funded debt consists of 1st mortgage 8 per cent, bonds Of the loan of 1867 ;
462
amount authorized, $800,000; now outstanding, of the 10-year series, due November,
1877, $166,500, and of the 20-year series, due November, 1888, $210,000. There is
also $38,000 of the loan of 1857-67 overdue and payable. The sinking fund holds
$204,000 of the new bonds. No later financial statement furnished.
Directors (elected July 13, 1876).— William A. Smith, Boon Hill, N. C.; John
McDonald, Concord, N. C. ; P. B. Hawkins, and R. B. Hay wood, Raleigh, N. C.; Thos.
M. Holt, Howe River, N. C.; W. R. Myers, Ruf us Barringer, R. L. Patterson, Samuel
B. Wiley, H. D. Wilson, L. W. Humphrey, Hy. W. Fries, S. F. Wiley, Win. R. All-
bright, Moses L. Holmes, and J. L. Morehead, North Carolina.
WILLIAM A. SMITH, President Boon Hill, N. C.
Secretary and Treasurer J. A. McCauley. | Superintendent A. B. Andrews.
PKLNCIPAL OFFICE AND ADDKESS Company Shops, N. C.
NORTHWESTERN NORTH CAROLINA RAILROAD.
Line of Road. — Greensboro', N. C., to Salem, N. C 29 miles.
Sidings and other tracks, 1.26 miles. Gauge, 4 feet 8-£ inches. Rail, 50 Ibs.
Road opened August 1, 1873. It virtually belongs to the Richmond and Danville
R. R. Co., who built the greater part.
Rolling1 Stock, September 30, 1877. — Locomotive engine, 1. Revenue cars — pas-
senger, 1 ; baggage, mail and express, 1.
Operations for four years ending September 30, 1876 :
Earnings.
Fiscal
Years.
Train
Miles.
Passen-
gers.
Ton-
nage.
Passen-
ger
Earnings.
Freight
Earnings.
Other
Earnings.
Total
Earnings.
Operating
Expenses.
Net
Earnings .
1873-74
$
12,867 47
11,542 67
13,017 78
11,660 46
$
12,653 99
17,712 65
23,926 03
20,287 36
$
1,741 26
1,773 69
I,a32 09
2,023 22
$
26,672 72
31,028 85
38,775 90
23,971 04
$
22,444 06
21,143 89
19,245 33
18,952 83
$
4,228 66
9,884 96
19,530 57
15,018 21
1874-75
12,187
14,915
10,696
7,387
7,997
7,987
1875-76
24,468
26,284
1876 77
Financial Statement. — Not furnished. Capital stock, $300,000, and 1st mortgage
7 per cent, bonds, $500,000. Of the capital, 1,600 shares and the whole of the bonds
were paid to the R. and D. Company under the contract of March 29, 1872, as com-
pensation for construction. Cost to lessees, $289,631.49.
Directors and Officers. — Same as for Richmond and Danville Railroad.
A. S. BUFORD President.
Secretary W. E. Turner. | Treasurer P. Howard.
PRINCIPAL OFFICE AND ADDRESS Richmond, Va.
• RAILKOAD MANUAL OF THE UNITED STATES. 463
EALEIGH AND AUGUSTA AIE LINE EAILEOAD.
Line of Road.— Raleigh, N. C., to Hamlet, N.C 98.75 miles.
Sidings and other tracks, 2.5 miles. Gauge, 4 feet 8£ inches. Kail, 50 to 53 Ibs.
Chartered as Chatham, February 15, 1851. The present company, virtually the
Raleigh and Gaston, succeeded to the first-named company, and have extended the
road to a junction with the Carolina Central Railroad, to which point it was opened
October 26, 1877.
Rolling Stock. — Locomotive engines, 3. Revenue cars — passenger, 3 ; baggage,
mail, etc., 6 ; freight — box, 10; and platform, 21 — total, 36. Construction cars, 10.
Operations for year ending May 31, 1877. — Gross earnings — passenger, $16,352.-
17; freight, $43,555.92 ; and mail, etc., $3,509.39— total, $66,817.48. Operating ex-
penses, $50,423.36. Net earnings, $12,394.12.
Financial Statement. — No information furnished. The capital stock is princi-
pally owned by the Raleigh and Gaston R. R. Co.
Directors. — Paul C. Cameron, Hillsboro, N. C. ; W. J. Hawkins, Ridgway,
N. C. ; Jos. B. Batchelor, Raleigh, N. C. ; W. W. Chamberlaiue, Norfolk, Va. ;
Walter Clark, Raleigh, N. C. ; and L. W. Barringer, Philadelphia, Pa.
JOHN M. ROBINSON, President Baltimore, Md.
Treasurer and Secretary W. W. Vass.
General Superintendent John C. Winder.
Iload Masttr H. P. Guees.
Master of Machinery D. B. Harding.
Master Car Repairs R. J. Bishop.
Passage and Freight Agent Thomas Badger.
PRINCIPAL OFFICE AND ADDRESS Raleigh, N. C.
EALEIGH AND GASTON EAILEOAD.
Line of Road.— Raleigh, N. C., to Weldon, N. C 97 miles.
Sidings and other tracks, 6.89 miles. Gauge, 4 feet 8| inches. Rail, 52 Ibs.
Chartered in 1836, and opened between Raleigh and Gaston in 1838. Reorgan-
ized in 1851, and line extended to Weldon in 1852.
Rolling Stock. — Locomotive engines, 12. Passenger cars, 12 ; baggage, mail
and express cars, 9 ; and freight cars (box, 88, and platform, 43), 131 — total revenue
cars, 152. Also, gravel cars, 10.
Operations for year ending May 31,1877. — Passengers carried, 47,014 ; carried
one mile, 1,776,295.
Earnings. Expenditures.
From Passengers $59,292 19
" Freight 167,625 35
" Mails, etc 7,59319
Total ($2,417.64 per mile) $234,510 73
For Way and Structures $48,974 15
" KollingStock 32,81483
" Transportation, etc 66.972 03
Total ($1,533.62 per mile) $148,761 01
Balance— net earnings, 36.55 per cent., $85,749.72 ; interest on funded debt, $57,
932.43. Balance to profit and loss, $27,812.29.
464: EAILROAD MANUAL OF THE UNITED STATES.
Abstract of operations for seven years :
1870-71.
(97 m.)
1871-72.
(97m.)
1872-73.
(97m.)
1873-74.
(97m.)
1874-75.
(97 m.)
1875-76.
(97m.)
1876-77.
(97 m.)
Passengers Carried
39,394
69,167
$
79,366 06
261,74445
8,33500
41,801
64,096
80,686 99
271,315 00
8,451 52
47,069
68,052
$
82,466 50
276,623 00
10,556 26
57,629
58,083
$
79,679 56
187,320 99
7,802 81
54,573
60,284
$
71.201 12
181,910 94
8,029 70
57,709
54,290
$
64,00920
170,780 41
7,45583
47,014
Freight (tons) Moved . .
Passenger Earnings
$
59,292 19
167,625 35
7,593 19
Freight "
U S Mai] etc
Gross Earnin0^
349,445 51
204,277 39
360,453 51
204,876 98
369,645 76
190,993 04
274,803 36
175,886 28
261,141 76
165,032 05
242.24544
153^44 44
234,510 73
148,761 01
Operating Expenses ,
145,168 12
3,602 53
2,105 83
155,576 53
3,716 01
2,112 13
178,652 72
3,810 78
1,969 01
98,917 08
2,83302
1,83388
96,109 71
2,692 18
1,701 36
88,701 00
2,497 37
1,582 92
85,749 72
2,417 64
1,533 62
Gross Earnings per Mile
Operating Expenses " —
Net Earnings per Mile
1,496 70
58.45 p. c.
1,603 88
56.84 p. c.
1,841 77
51.67 p. c.
99914
64.73 p. c.
99082
63.20 p. c.
90445
63.39 p. c.
88402
63.45 p. c.
Expenses to Earnings
General Balances, May 31, 1877 :
Road and Property $1,500,000 00
Guar. Stock (B. & A. Air-Line) 948,282 93
Com. Stock ( " " ) 150,000 00
Stocks, Bonds, etc 77,03217
CashonHand 36,83213
Capital Stock $1,500,000 00
Coupon 6 p. c. Bonds, due July 1, 1877. 21.000 00
1st M. 7 p. c. Bonds, due Jan. 1, 1898.. 790,000 00
Surplus Account, etc 69,306 80
General Profit and Loss 331,840 43
^2,712,147 23
Abstract of general account (May 31) for seven years :
$2,712,147 23
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Capital Stock
$
1,500,000
$
1,500,000
$
1 500000
$
1 500 000
1 500000
$
1 500000
$
1 500000
Funded Debt .
50,000
50 000
50 000
350 000
526 000
708 000
811 000
Accounts etc.
53,972
47,570
49 672
45 795
35 172
47209
69 306
Profit and Loss
185,720
180,665
178 563
294 168
296 435
285 605
331 841
Total Liabilities
1,789,692
1,778,235
1 778 235
2 189 963
2 357 607
2 540 814
2 712 147
Road and Property
1,500,000
1,500,000
1 500 000
1 500 000
1 500000
1 500 000
1 500 000
Investments
167,650
175,300
175 300
589 300
752 557
943 358
1 143 840
Accounts and Cash... ....
122,042
102,935
102 935
100 663
105 050
97 456
69 307
Total Property and Assets. .
1,789,692
1,778,235
1,778,235
2,189,963
2,357,607
2,540,814
2,712,147
The total investment in Raleigh and Augusta Air -Line stocks amounted May 31,
1877, to $1,098,282.93. This road was completed to a connection with the Carolina
Central Railroad during the past summer.
Directors (elected July 19, 1877).— Joseph B. Batchelor, Raleigh, N. C. ; William
J. Hawkins, Ridgeway, N. C. ; Walter Clark, Raleigh, N. C. ; Paul C. Cameron,
Hillsboro, N. C. ; W. W. Chamberlaine, Norfolk, Va. ; and Lewin W. Barringer,
Philadelphia, Pa.
JOHN M. ROBINSON, President Baltimore, Md.
Superintendent John C. Winder. General Freight and Pass. Agent . . Thomas Badger.
Treasurer William W. Vass.
Road Master J. K. Thrower.
Auditor James M. Pool.
Master Mechanic B. K. Harding.
PRINCIPAL OFFICE AND ADDRESS Raleigh, N. C.
RAILROAD MANUAL OF THE UNITED STATES. 465
SCOTLAND NECK KAILKOAD.
Line of Road.— Scotland, N. C., to Edward's Ferry, N. C 6.25 miles.
Sidings, 0.25. Gauge, 5 feet. Rail, wood.
Rolling Stock. — Locomotive engine, 1. Cars, 10.
No report of operations or financial condition is furnished. The road was built
in 1867, and is used for freight purposes.
Officers, etc., not reported.
SEABOAED AND KALEIGH EAILROAD. (In Progress.)
Line of Road. — Raleigh, N. C. , to Jamesville, N. C 97 miles.
Branch: Bethel, N. C., to Greenville, N. C 15 "
Total length of line as projected 112 miles.
This road was incorporated December 23, 1873, and is intended to connect Albe-
marle Sound with the central part of the State. It will include the route of the pres-
ent Williamston and Tarboro R. R., already graded and partly ironed.
Financial Statement. — Capital stock authorized, $2,500,000. A mortgage of
$15,000 per mile has been made, under which it is proposed to issue 7 per cent, gold
bonds, $1,000 each, payable, interest February and August, and principal August 1,
1905.
Sec. and Treas—J. G. McPheeters... Raleigh, N. C.
Chief Engineer. — D. P. McCorkle. . .Richmond. Va.
Vice-President and IH j Eo£rerg New York
Man. Director, j Ml d ' K°gers * ew i anc.
PRINCIPAL OFFICE AND ADDRESS New York City.
WESTEEN EAILEOAD OF NOETH CAEOLINA.
(In Progress.)
Line of Road. — Fayetteville, N. C., to Greensburg, N. C 100 miles.
In operation : Fayetteville to Egypt 43 "
Sidings and other tracks, 3 miles. Gauge, 4 feet 8i inches. Rail, 56 Ibs.
Rolling Stock. — Locomotives, 5. Cars — passenger, 4 ; baggage, mail and express,
2 ; freight — box, 10 ; stock 2 ; platform, 18 ; coal, 10 — total, 46 cars.
Operations. — Not reported. The gross earnings for year ending March 1, 1875,
were $51,484.07 ; operating expenses, $31,225.03 ; net earnings, $20,259.04.
Cost of road and equipment, $1,045,728.77.
No statement of capital account furnished, and all later information refused.
L. C. JONES, President and General Superintendent.. .Fayetteville, N. C.
Secretary and Auditor J. M. Rose. | Chief Engineer L. C. Jones
PRINCIPAL OFFICE AND ADDRESS Fayetteville, N. C.
30
466
RAILROAD MANUAL OF THE UNITED STATES.
WESTEEN NOETH CAEOLINA EAILEOAD.
Line of Road. — Salisbury, N. C., to Paint Rock, Tennessee Line 184 miles.
In operation : Salisbury, N. C., to Old Fort, N. C Ill "
Branch line : Newton Junction, N. C., to Newton, N. C 3 "
Total length of main and branch line in operation 114 miles.
Sidings and other tracks, 1.5 mile. Gauge, 4 feet 8£ inches. Rail, 50 Ibs.
Chartered in 1855, and road opened to Old Fort in 1869.
Rolling Stock. — Locomotive engines, 5. Cars — passenger, 6 ; baggage, mail and
express, 6 ; and freight (box, 30 ; stock, 20 ; platform, 25), 75 — total cars, 87. Also, 1
service car.
Operations for the fiscal year ending December 31, 1877, not reported.
The road was in the hands of a Receiver prior to April 17, 1875, at which time it
was bought by commissioners for the State, and the present company organized. The
•unfinished portion is now under construction by the State, and it is intended to open
the line to Ashville, 142 miles, in August, and to complete the road to a junction
with the Cincinnati, Cumberland Gap and Charleston R. R. at the Tennessee State
Line during the current year.
Financial Statement, December 31, 1877.— The cost to the State was $850,000,
representing the present indebtedness of the company. The original cost of the road
was $6,000,000.
Statement of funded debt in detail :
Nature of Security.
Date of
Bonds.
Rate
p. c.
Interest
Payable.
Principal
Payment.
Amount
Issued.
Amount
Outstanding.
First Mortgage.
May 1, 1875.
7
May and Nov.
May 1, 1890.
$850,000
$850,000
The coupons are receivable by the State in payment of taxes.
Directors (elected April 1, 1878). — J. W. Wilson, J. S. Brown, Morganton, N. C. ;
J. Henderson, F. E. Shalor,1 Salisbury, N. C. ; R. F. Armfield, Statesville, N. C. ; J.
L. Robinson, Franklin, N. C. ; J. J. Scales, Greensboro, N. C. ; W. T. Dorth, Golds-
boro, N. C. ; G. G. Roberts, Edenton, N. C. : M. V. Richardson, Wilmington, N. C.
J. W. WILSON, President Morganton, N. C.
Sec. and Treas.—G. P. Er\rin. . .Morganton, N. C. | Master Mech.—W. W. Gates Salisbury, N. C.
PRINCIPAL OFFICE AND ADDRESS Morganton, N. C.
WILMINGTON, COLUMBIA AND AUGUSTA EAILEOAD.
Line of Road. — Wilmington, N. C., to Columbia, N. C 189 miles.
Sidings, etc., 13 miles. Gauge, 5 feet. Rail (steel 19.75 m.), 56 Ibs.
The Wilmington and Manchester R. R. Co. was chartered in 1846 ; and road com-
pleted to Kingsville (S. C. R. R.) in 1854. In 1865 the road was dismantled, and the
company becoming embarrassed, their property was sold January 5, 1867. In
March, 1868, the purchasers were chartered under the present title, with a capital of
RAILROAD MANUAL OF THE UNITED STATES.
467
$5,000,000, and authority to extend their road to Columbia, 27 miles. This exten-
sion was opened in January, 1872. On November 30, 1872, the company took a lease
of the Wilmington and Weldon Railroad for a term of 99 years, and the two roads
have since been operated under one management. The last five 1st mortgage coupons
(to December, 1877) have been funded in certificates of indebtedness, which is the
only class of the funded debt on which the company at present pay interest.
Rolling' Stock. — Locomotive engines, 33. Cars — passenger, 12 ; baggage, 4 ; mail
and express, 3 ; freight (box, 203 ; and platform, 93), 296 ; total, 315. Also, 6 ser-
vice cars.
Operations for year ending September 30, 1877. — Trains run — passenger, 243,-
478; freight, 219,190; other, 69,557; total, 532,225 miles. Passengers and freight
moved — not reported.
Earnings.
From Passengers $113,983 26
" Freight 367,39847
" Express, Mail, etc 32,07685
Miscellaneous 4,767 02
Expenditures.
For Maintenance of Way $133,049 31
" Rolling Stock 144,25181
" Transportation 104,902 12
Miscellaneous 48,391 51
Total ($2,741.93 per mile) $518,225 60 Total ($2,278.27 per mile) $430,594 75
Balance — net earnings (16.92 per cent.), $87,630.85; increased by interest ($106.-
75) to $87,737.60. Payments — coupons (1st mortgage), carried to funded debt,
$224,000 ; interest on certificates, $23^520 ; and current interest, $8,212.54 ; construc-
tion, improvements, etc., $54,857.62; and old account settled, $533.95; total pay-
ments, $307,124.11. Increased indebtedness, $219,386.60.
' Abstract of operations, etc. , for seven years :
1870-71.
(162 m.)
1871-72.
(162 m.)
1872-73.
(180 m.)
1873-74.
(189 m.)
1874-75.
(189 m.) '
1875-76.
(189 m.)
1876-77.
(189 m.)
Train Miles
562 153
510 010
471 614
455 127
462 668
Passengers Carried
80,595
71 4iil
66 100
Freight (tons) Moved.
116,978
103,434
94 481
114 768
Passenger Earnings
$221,692
$159,363
$179,733
$148 376
$148 065
$136 455
$113 983
Freight "
449,246
406420
510 339
473 976
406 101
364 056
367 39ft
Express, Mai!, etc
64,880
25,263
32.052
30 110
39 431
31 800
36 844
Gross Earnings
$735,818
*591 046
$722 124
$661 462
$593 597
$532 311
$518 225
Operating Expenses
518,883
364,548
437 287
436 223
399 989
415 677
430 594
Net Earnings
$216,935
$226,498
$284 837
$225 239
$193 608
$116 634
$87 630
Gross Earnings per Mile. . . .
Oper. Expenses per Mile
$4,542 09
3,202 93
$3,648 44
2,250 30
$4,011 80
2,429 37
$3,499 80
2,308 06
$3.140 73
2,116 38
$2,816 46
2,199 35
$2,741 93
2,278 27
Net Earnings per Mile
Prop, of Expenses
$1,339 11
70.52 p. c.
$1,398 14
61.68 p. c.
$1.582 43
60.55 p. c.
$1,191 74
65.95 p. c.
$1,024 35
67 39 p. c.
$613 11
78.09 p. c.
$463 66
&3.08 p.c.
Total Net Revenue
$216,935
$226,498
$330 364
$301 588
$240 170
$131 878
$87 737
Interest and Discount ..
$224000
$224 000
$224 000
$278 574
$282 324
$291 491
$255 733
Improvements, etc
65 206
54,449
77,039
51 391
Total
$224,000
$224 000
it 221 000
$343 780
$336 773
$368 530
$307 124
Profit
2,498
106 364
3,397
" Loss
7,065
42,192
236,652
219 387
The 1st mortgage coupons, $224,000 per annum, were carried to the funded debt
in both of the last two years, liquidating nearly the adverse balances shown in the
above account.
468
KAILRQAD MANUAL OF THE UNITED STATES.
General Balance, September 30, 1877.
Construction, etc. ($26,415.56 p. m.)... $4,992,540 55
Stocks, etc
70,356 14
Steel Rails (balance) 43,615 26
Bills, Accounts, and Cash 120,484 66
Profit and Loss . . , 329.947 92
Capital Stock ($1,587.31 p. m.) $300,000 00
Funded Debt ($22,476.19 p. m.) 4,248,000 00
Wilmington Ry. Br. Co. (receipts) 38,194 08
Southern Railway Security Co 826,000 00
Bills and Accounts 144,750 46
$5,556,944 54 $5,556,944 54
The 1st mortgage bonds are payable June 1, 1910, and the certificates of indebted-
ness September 1, 1876. The funded debt consists of 1st mortgage 7 per cent, bonds,
$3,200,000 ; certificates of debt, $336,000 ; income bonds, $600,000 ; and past due
coupons, $112,000.
Statement of general balances (September 30) for seven years :
1871.
1872.
1873.
1874. •
1875.
1876.
1877.
Capital Stock
$
300,000
$
300,000
$
300.000
$
300,000
$
300,000
$
300,000
$
300 000
Funded Debt
3,800,000
3,800,000
3,800,000
3,800,000
3,800,000
4,136,000
4 248000
Floating Debt
304,142
861,278
976,457
1,051,226
999 258
1 008 944
119,916
76,535
734
Total Liabilities
4,100,000
4,404,142
5,081,194
5,152,992
5,151,960
5,435,258
5,556 944
Road and Equipment
4,100,000
4,378,295
4,863,431
4,864531
4,863,644
4,941,683
4 992 540
Stocks (sundry) ....
25,847
29,874
28,874
30 221
30 221
30 221
Assets, Bills, Accounts, etc. .
187,889
260,587
257,095
301,935
204 235
Profit and Loss
161 419
329 948
Total Resources
4,100,000
4,404,142
5,081,194
5,152,992
5,151,960
5,435 258
5 556 944
Since the close of the fiscal year, the road has been placed in the hands of a
Receiver.
Directors (elected November 20, 1877).— W. T. Walters, Baltimore, Md.; J. D.
Cameron, Harrisburg, Pa. ; George S. Brown, and S. M. Shoemaker, Baltimore, Md.;
J. B. Palmer, Wilmington, N. C. ; S. D. Childs, Columbia, S. C.; B. F. Newcomer,
H. B. Short, and W. H. Graham, Baltimore, Md.
R. R. BRIDGERS, President and Receiver Wilmington, N. C.
J. B. Palmer, ) v, Pref,idf/nfft j Wilmington, N. C.,
W. T. Walters, \ ' t8 \ Baltimore, Md.
Secretary and Treasurer J. W. Thompson.
General 8uptrintend*nt J. F. Divine.
Gen. Freight and Ticket Agent A . Pope.
Master of Machinery John Bisset-
Eoad Master P. McLanghlin.
jpe.
Master of 'Transportation James Knight.
PRINCIPAL OFFICE AND ADDRESS Wilmington, N. C.
R. M. Walker.
Acting Auditor J. R. Latta.
WILMINGTON AND WELDON KAILBOAD.
Line of Road.— Wilmington, N. C., to Weldon, N. C 163.5 miles.
Branch : Rocky Mount, N. C., to Tarboro', N. C 17.0 "
Total length of railroad owned by company. . . 180.5 miles.
Sidings and other tracks, 12 m. Gauge, 4 feet 8| inches. Rail (steel 17 m.), 56 Ibs.
Chartered as Wilmington and Raleigh R. R. Co., January, 1835, and name changed
BAILROAD MANUAL OF THE UNITED STATES.
469
in February, 1855. Road was opened for through traffic, Marcli 7, 1840. Tarboro'
Branch built under charter granted February 21, 1867. Leased, November 20, 1872,
to the Wilmington, Columbia and Augusta R. R. Co., for 99 years, the lessees assum-
ing all liabilities, and the payment of dividends on the company's capital stock at the
rate of 5 per cent, for first year, G per cent, for second, and 7 per cent, thereafter.
Default was made in the dividend (3| per cent.), payable in December, 1877, and the
road placed in the hands of a Receiver.
Rolling Stock. — Locomotive engines, 28. Cars— passenger, 22 ; baggage mail,
and express, 10; and freight (box 221, and platform, 129), 350 — total, 382. Service
cars — paymaster 1, and gravel 20. Six of the lessees' engines are also run on the road.
Operations for year ending September 30, 1877. — Trains run — passenger, 225,764 ;
freight, 205,436 ; other, 63,807— total, 495,003 miles. Passenger and freight move-
ment not reported.
Earnings.
From Passengers $160,861 07
" Freight 341,44339
" Express and Mail 33,35063
Miscellaneous 12,80602
Expenditures.
For Maintenance of Way $162,576 43
" Rolling Stock 123,33807
" Transportation 86,61064
Miscellaneous 19,029 44
Gross Earnings ($3,064.03 per mile) .... $548,462 11 Total ($2,187.45 per mile) $391,554 58
Balance — net earnings (28.63 per cent.), $156,907.53, and current interest, $866.38
— total revenue, $157,773.91. Payments — current interest, $1,037.15; coupon inter-
est, $112,293.15 ; dividends (December and June, 7 per cent.), $101,661, and construc-
tion, $10,998.71 — total payments, $225,990.01. Excess of payments over revenue,
3.216.10.
Abstract of operations for seven years :
1870-71.
1871-72.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
Passenger Earnings
$205,830
$228,015
$250,986
$211,244
$210,549
$201,738
$160,861
Freight "
321,001
366,177
453,326
467,247
403,747
359,165
341,443
Mail, Express, etc
39,929
41,679
35,266
32,919
46,999
43,796
46,158
7 ,
1
Gross Earnings
$566,760
$635,871
$739,578
$711,410
$661.295
$604,699
$548,462
Operating Expenses
376,899
405,037
458,958
398,440
391,786
365,722
391,554
Net ^Earnings
$189,861
$230,834
$280,620
$312,970
$269,509
$238,977
$156,908
Earnings per Mile
$3,110 39
$3,552 15
$4,131 72
$3,974 36
$3,694 38
$3,378 21
$3,064 03
Operating per Mile
2,060 70
2,262 56
2,564 01
2,225 92
2,188 75
2,043 14
2,187 45
Net Earnings per Mile
Prop, of Expenses
$1,066 69
66.25 p. c.
$1,289 59
63.70 p. c.
$1,567 71
62.06 p. c.
$1,748 44
56.01 p. c.
$1,505 63
59.25 p. c.
$1,335 07
60.49 p. c.
$876 58
71.37 p. c.
Abstract from profit and loss account yearly for seven years :
1870-71.
1871-72.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
Net Earnings.
$189,861
$230,834
$280620
$312 970
$269,509
$238,977
$156,908
Other Receipts
12,823
47,598
6,865
3,343
3,371
22,868
866
Total Revenue
$202,684
$278,432
$287,485
$316,313
$273,880
$261,845
$157,774
Interest and Discount
114,949
114,042
118909
123,481
117,900
119,934
113,330
Dividends
116,184
94,399
101,661
101,661
101,661
Construction, etc
7,163
9,478
186 701
26,790
9,177
1,780
10,999
Total Payments
$122,112
$123,520
$421,794
$244,670
$228,738
$223,375
$225 990
470
KAILKOAD MANUAL OF THE UNITED STATES.
General Balance, September 30, 1877.
Construction, etc ...................... $3,339,209 13
Stocks, etc
40,604 76
Bills, Accounts, etc. . . . ............... 111,179 86
$3,490,993 75
Capital Stock $1,456,200 00
FundedDebt 1,619,10000
Floating Debt 145,966 31
Profit and Loss 269,727 44
$3,490,993 75
The sterling coupons are payable at London, the 6s, Jan. and July, and the 7s May
and November, and the coupons of the gold sinking fund interest bonds at New York
(Bank of the Republic), January and July.
Statement of general balances yearly (September 30) for seven years:
1871.
1872.
1873.
1874.
1875.
1876.
1877.
ft
1,4E6,200
$
1,456,000
$
1,456,200
$
1,456,200
$
1,456,200
$
1,456,200
$
1,456,200
Funded Debt
1,619,100]
1,619,100
1,619,100
1,619,100
1,619,100
1,619,100
1,619,100
Floating Debt
57,230
77.042
75,707
51,575
23,615
31,317
145,966
Profit and Loss
150,968
299,531
343,484
346,440
323,526
326,945
269,727
Total Liabilities
3,282,498
2,451,873
3,494,501
3,473,315
3,422,441
3,433,562
3,490,993
Construction, etc
3,093,889
3,094,044
3,280,164
2,283,109
3,283,828
3,328,210
3,339,209
Stocks
19,021
61,436
57,900
57,900
33,900
13,900
13,900
Assets, Bills, Acc'ts & Cash.
125,588
296,393
156,437
132,306
104,713
91,452
137,884
Total Resources
3,282,498
•2,451,873
3,494,501
3,473,315
3,422.441
3,433,562
3,490,993
The funded debt consists of £129,740 ($648,700) 6 per cent, bonds, due 1881 ;
£44,280 ($221,400) 7 per cent., due 1886 ; and $749,000 7 per cent, gold, due 1896.
Directors (elected November 20, 1877). — W. A. Wright, George Harriss, Wil-
mington, N. C. ; C. H. Brogden, Goldsboro', N. C. ; W. H. Willard, Raleigh, N. C. ;
George Howard, Tarboro', N. C. ; W. T. Walters, B. F. Newcomer, and S. M. Shoe-
maker, Baltimore, Md. ; A. J. De Rosset, Wilmington, N. C. ; and J. D. Cameron,
Harrisburg, Pa.
R. R. BRIDGERS, President Wilmington, N. C.
B. F. Newcomer, Vice- President Baltimore, Md.
Secretary and Treasurer J. W. Thompson.
General /Superintendent, J. F. Divine.
General Freight and Ticket Agent A. Pope.
Master of Transportation James Knight.
Master of Machinery John Basset.
Road Master John Barry.
Storekeeper E. F. Cason.
Acting Auditor R. J. Latta.
PRINCIPAL OFFICE AND ADDRESS Wilmington, N. C.
RAILROAD MANUAL OF THE UNITED STATES.
STA.TE OF1 TENNESSEE.
Area, 45,600 square miles. Population, 1,447,298. Assessed valuation, $236,282,762.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Tracks.
Length of Lines.
Total.
Tenn.
1. Chicago, St. Louis and New Orleans [La.
Ft. In.
5
5
3
5
5
5
5
5
5
5
5
5
5
5
3 6
3
5
5
5
5
5
5
M.
571.00
40.00
20.00
272.00
16.00
38.25
650.64
35.00
300.56
115.00
100.00
528.00
349.50
122.30
26.00
6.00
15.50
353.20
21.00
30.00
138.00
40.00
M.
117.00
40.00
20.00
254.50
16.00
38.25
257.70
35.00
101.50
65.00
10.00
117.70
309.00
94.60
3.00
6.00
15.50
46.90
21.00
30.00
17.00
40.00
2. Cincinnati, Cumberland Gap and Charleston. . .
3. Duck River Valley
4. East Tennessee, Virginia and Georgia
5. Knoxville and Charleston (E. Tenn.,Va. & Ga.)
6. Knoxville and Ohio (E. Tenn., Va. and Ga.)
7. Louisville and Nashville [Kentucky
8. McMinnville and Manchester (N., C. & St. L.).
9. Memphis and Charleston [Alabama
10. Memphis, Paducah and Northern
11. Mississippi and Tennessee [Mississippi
12. Mobile and Ohio [Alabama
13. Nashville, Chattanooga, and St. Louis
14. Nashville and Decatur (Louis, and Nash.)
15. Ripley [Mississippi
16. Rockwood and Tennessee River
17. Rogersville and Jefferson (E. T.,Va. & Ga.)
18, St. Louis and Southeastern [Illinois
19. Tennessee R. R. and Coal
20. Tennessee and Pacific (Nash., Chat. & St. L.),..
21. Western and Atlantic [Georgia
22. Winchester and Alabama (N., C. & St. L.)
Total Length
3,787.95
1,655.65
472 RAILED AD MANUAL OF THE UNITED STATES.
CINCINNATI, CUMBERLAND GAP & CHAELESTON E. E.
(In Progress.)
Line of Road. — Cumberland Gap, Term., to Paint Rock, N. C 94 miles.
In operation : Morristown, Tenn., to Wolf Creek, Tenn 40 "
Sidings and other tracks, 1.25 mile. Gauge, 5 feet. Rail, 50 Ibs.
This road opened in 1861, and was sold under the laws of Tennessee for default
in payment of interest due on State bonds issued in aid of the company, and pur-
chased by the East Tennessee, Virginia and Georgia R. R. Co., by whom it is now
operated, for $300,000 in Tennessee bonds. At Paint Rock, connection will be made
with the Western N. C. R. R.
Rolling-'Stock. — Locomotive engine, 1. Car — baggage,!; and platform freight, 3.
Operations for year ending June 30, 1877. — Included in report of E. T., Virginia
and Georgia R. R.
Financial Statement. — Cost of road in Tennessee bonds, $1,373,000; and in
cash, $29,000 ; cost of rolling stock, $21,400 ; real estate not used for road purposes,
$20,000 — total cost of property and assets, $1,443,400.
General Superintendent — C. H. McGhee Knoxville, Tenn.
PRINCIPAL OFFICE AND ADDRESS Knoxville, Tenn.
DUCK EIYEE VALLEY EAILEOAD.
Line of Road. — Columbia, Tenn., to Lewisburg, Tenn 20 miles.
Sidings, etc., 1 mile. Gauge, 3 feet. Rail, 30 Ibs.
This road was opened in 1877, and no statement of operations or financial condi-
tion is furnished.
C. R. McCi/DRE, President Columbia, Tenn.
Secy, and Treas.—Geo. Childress, Columbia, Tenn. | Svpt. and Eng.—E. F. Falconnet, Columbia, Tenn.
PRINCIPAL OFFICE AND ADDRESS Columbia, Tenn.
EAST TENNESSEE, VIRGINIA & GEORGIA RAILEOAD.
Line of Road. — Bristol (State line of Va.) to Chattanooga, Tenn 242 miles.
Branch : Cleveland, Tenn., to Dalton, Ga 30 "
Total length of road operated 272 miles.
Sidings and other tracks, 24.06 m. Gauge, 5 ft. Rail (steel, 22.17 m.), 55 and 60 Ibs.
•"•'" Consolidation (November 20,1869,) of .East Tennessee and Virginia, chartered
March 6, 1849, and completed June 10, 1855, and East Tennessee and Georgia
chartered February 4, 1848, and completed October 8, 1856. The company own the
Cincinnati, Cumberland Gap and Charleston Railroad, and is financially interested
in the Western North Carolina and Rogersville and Jefferson railroads. The Memphis
and Charleston Railroad is operated by this company under a lease running from July
1, 1877, for a term of 20 years.
KAILROAD MANUAL OF THE UNITED STATES.
473
Rolling Stock. — Locomotive engines. 38. Cars — passenger, 37 ; baggage and
mail, 5 ; and freight (box, 321 ; stock, 20 ; and platform and coal cars, 184), 525.
Total revenue cars, 567. Also, 49 service cars, and 85 hand or dump cars.
Operations for year ending June 30, 1877.— Trains run— passenger, 334,565 ;
freight, 523,913— total, 858,478 miles. Total engine service, 960,711 miles. Pas-
sengers carried (not reported). Freight moved — through, 101,294, and local, 117,563
—total, 218,857 tons. Cotton (included in through freight), 201,926 bales; from
Chattanooga, 114,563, and from Dalton, 87,363 bales.
Earnings.
From Passengers $300,025 65
" Freight 622,51932
" Mail and Express 68,28296
Miscellaneous 3,221 73
Total ($3,654.59 per mile) $994,049 65
Expenditures.
For Maintenance of Way $235,373 93
" Rolling Stock 239,894 45
" Transportation 145,613 20
" Taxes and Sundries 48,041 74
Total ($2,459.27 per mile) $668,923 32
Balance : Net earnings (32.35 per cent.) $325,126.34 ; and interest (W. N. C. R.
R. bonds), $16,030— total available revenue, $341,156.34. Payments, interest and
exchange, $283,709.95 ; surplus income, $57,446.39.
Abstract of operations for seven years :
1870-71.
(272 m.)
1871-72.
(272 m.)
1872-73.
(272 m.)
1873-74.
(272 m.)
1874-75.
(272 m.)
1875-76.
272 m.)
1876-77.
(272 m.)
Train Miles
673,984
695,548
837,596
858,478
Freight (tons) Moved
185,835
172 395
221 597
192,323
186,825
198,414
208,857
Cotton (bales) Moved
139 078
131 788
144 645
158 896
139,553
193,342
201,926
Earnings from Passengers..
" Freight
" " Other Sources
$
441,434
759,990
85,899
$
441,912
6?2,797
87,782
$
439,063
856,773
82,522
$
328,813
706,408
75,963
$
314,278
670,355
75,382
$
334,625
635,974
88.355
I
300,206
622.519
71,505
1 287 323
1 201 491
1 378 358
1 111 184
1 059,985
1,058.954
994,050
Expenses and Taxes
1,004,945
834,800
929,148
694,408
717,522
715,394
668,923
Net Earnings.
282,378
366 691
449 210
413 776
342,463
343,560
325,127
Interest and Exchange
251 891
293 622
277474
280 008
280 815
280,512
283,710
58 875
117 752
58,900
58,901
Surplus Earnings
30,487
73 069
112861
16,016
2,748
4,149
41,417
Gross Earnings per mile
Working Expenses per mile
1870-71.
$
4,723 79
3,694 65
1871-72.
$
4,417 25
3,069 12
1872-73.
$
5,f 67 49
3,415 98
1873-74.
$
4,085 23
2,564 00
1874-75.
S)
3,897 00
2,637 95
1875-76
$
3,893 21
2,630 12
1876-77.
$
3,654 59
2,459 27
Net Earnings per mile
Expenses to Earnings
1,038 14
78.07 p. c.
1,348 13
69.47 p. C.
1,651 51
67.41 p. c.
1,521 23
62.76 p. c.
1,259 05
67.69 p. c.
1,263 09
67.51 p. c
1,155 32
.67.65 p.c.
General Balance,
Road and Equipment $9,207,970 26
Cine. Cumb. Gap and Charleston R. R. 228,092 26
Stocks and Bonds 239.551 96
Sinking Fund 25,349 22
Fuel and Materials 4,083 37
Bills Receivable 33,58411
Current Accounts 88,333 01
Suspense Accounts 104,535 63 J
Cash for Coupons and on Hand 112,135 35
$10,043,635 17
June 30, 1877 :
Capital Stock $1,^68.274 00
Consol. 1st Mortgage 7 p. c. Bonds .... 3,046,000 00
" 2d Mortgage 4 p. c. Bonds 1,901,000 00
1st Mort. (E. T. & G.) 6 p. c. Bonds. . . 635,100 00
Endorsed ( " " ) " "... 92,000 00
" (E. T. &V.) " " ... 147,00000
BillsPayable 213,442 08
Current Accounts, etc 218,668 75
Profit and Loss 3,533,150 34
$10,043,635 17
474 BAILED AD MANUAL OF THE UNITED STATES.
Statement of funded debt in further detail :
Classes of Bonds.
Date of
Bonds.
3
&
Interest
Payable.
Principal
Payable.
Amount
Issued.
Amount
Outstand-
ing.
Annual
Charge.
1st. Mort. (E. T. & Ga.) bonds . . .
July 1, 1850.
6
J. and J.
July 1, 1880.
$328,000
$328,000
$19,680
( ) ' ... 'May 1, 1852.
6
M. and N.
May 1, 1882.
10,000
10,000
600
( ) ' July 1, 1853.
6
J. and J.
July 1, 1883.
79,000
79,000
4,740
( ) ' A . Jan. 1, 1855.
6
J. and J.
Jan. 1,1885.
218,000
218,000
13,080
( ) ' ...July 1, 1866.
0
J. and J.
July 1, 1876.
135,300
100
6
( ) ;endor. July 1, 1856.
6
J. and J.
July 1, 1886.
100,000
92,000
5,520
(E.T. &Va.) ' " May 1,1856.
Con.lf»tM.(E.T.Va. & G.) s. f. bds. July 1, 1870.
8
7
M. and N.
J. and J.
May 1, 1886.
July 1, 1900.
175,000 147,000 7,620
3,046,0001 3,046,000 213,220
" 2dM.( " " ) b. to U. S. Jan. 1, 1872.
4
January.
Jan. 1, '82, '87.
190,000
190,000
7,600
Total amount of funded debt and annual chai
'se . .
$4,281,300
$4,110,100
$272,066
Abstract of general balances, yearly (June 30), for seven years :
1871.
1872.
1873.
1874.
1875.
1876.
1877.
272
272
272
272
272
272
272
294.53
294.72
295 13
29591
296.38
298 81
296;06
Locomotive Engines
39
37
43
41
40
40
38
Passenger Cars
28
30
33
33
33
33
37
Baggage, Mail and Exp. Cars.
Freight Cars
7
460
5
496
535
7
535
7
541
7
528
5
525
Capital Stock
$
1,969,646
$
1,970,024
$
1,968,274
$
1,968,274
S
1,968,274
S
1,968,274
1
1,968,274
Funded Debt
3,581,400
3,889,900
4,191,900
4,204,900
4,202,900
4,208,400
4,110,100
Bills Payable
93,492
95,276
36 165
42 465
53483
45.692
213,442
151,499
73 316
58 394
53 118
59 166
60 279
82 594
32 454
33816
33 666
33810
136 075
3,731,196
3,735,377
3 638 272
3 665 692
3606942
3 618 579
3 533,150
Total Liabilities
9,527,233
9,763,893
9,925,459
9,968 265
9,926,431
9,935,034
10,043,635
Road and Equipment
9,165,894
9,167,951
9,167,995
9 180,132
9,181,612
9,206,276
9,208,070
Cinc.Cumb.Gap & Char. R.R.
183,821
217,675
217,675
217,675
228,092
Stock and Bonds, etc
34,750
34,750
34 750
24 750
34750
239 552
239,552
Fuel and Materials
55,105
39,730
39,380
33828
16537
8,398
4,084
Bills Receivable, etc..
7,913
9,656
208 111
254 056
251 604
35 580
58 933
Accounts, etc . .
149,198
170,361
126 694
79040
58735
76 660
88 333
Suspense
81,489
95,898
97,666
99,926
99 902
104,536
104,536
Cash for Coupons & on hand.
32,884
61,726
34,188
68,848
65,616
46,357
112,135
Total Prop'ty & Assets. .
9,527,233
9,763,893
9,925,459
9,968,265
9,926,431
9,935,034
10,043,635
Since the close of the fiscal year a dividend of 3 per cent, has been paid.
Directors (elected October 10, 1877).— R. T. Wilson, Adrian Iselin, and M. K.
Jesup, New York City ; W. T. Walters, Baltimore, Md., and Joseph R. Anderson,
Thomas G. Rarrett, Joseph H. Earnest, Joseph Jacques, R. C. Jackson, W. C. Kyle,
C. M. McGhee, S. D. Reynolds, R. H. Richards, William R. Sevier, and W. P.
Talbott, Tennessee.
R. T. WILSON. President New York City, N. Y.
Charles M. McGhee, Vice-Pres. & Gen. Supt Knoxville, Tenn.
Secretary and Treasurer James G. Mitchell.
Supt. of Trans, and Roadway John F. O'Brien.
Auditor and Paymaster O. II. P. Rogan.
Freight and Ticket Agent James R. Ogden.
Master of Transportation James B. Hoxie.
Master Machinist C. A. Hodge.
PRINCIPAL OFFICE AND ADDRESS Knoxville, Tenn.
President's Office No. 2 Exchange Court, New York City.
KAILKOAD MANUAL OF THE UNITED STATES. 475
KNOXYILLE AND CHARLESTON KAILKOAD.
LineTof Road.— Knoxville, Tenn. , to Maryville, Tenn 16 miles.
Projected as part of a line to Charleston, connecting with the Blue Ridge Rail-
road at the State Line, 53 miles from Knoxville, built mainly on State loans on
which default was made, and the road sold in 1871 by order of thejegislature. All
information refused.
Rolling Stock. — Locomotive^engines, 2. Cars of all kinds, 13.
General Manager and Chief Engineer R. C. Morris.
PRINCIPAL OFFICE AND ADDRESS Knoxville, Tenn.
KNOXVILLE AND OHIO KAILKOAD.
Line of Road. — Knoxville, Tennessee, to State Line of Kentucky. . .65.00 miles.
In operation — Knoxville, Tennessee, to Carey ville, Tennessee 38.25
Sidings and other tracks 3.25 miles. Gauge 5 feet. Rail, 56 Ibs.
Originally known as the Knoxville and Kentucky R. R. Under a statutory
mortgage held by the State of Tennessee it was sold in October, 1871, and the pur-
chasers ware subsequently incorporated as the Knoxville *nd Ohio R. R. Co.
Rolling* Stock. — Locomotive engines, 3. Cars — passenger, 2 ; freight and coal,
52. Total revenue cars, 54. Service cars, 12.
Operations for year ending June 30, 1877. — Trains run, 76,035 miles. Coal
transported, 83,904 tons. Gross earnings, $90,402.58, and operating expenses, $52,-
912.03; net earnings, $37,490.55. Interest on bonds, $35,000; surplus income, $2,-
490.55.
Financial Statement.— Capital stock, $1,080,100: and funded debt, 1st mort-
gage 7 per cent, bonds dated January 1, 1872, and payable January 1, 1892; interest
January and July, in. New York City, $500,000. Nominal cost of road and equip-
ment, $1,580,100.
Directors (elected October 9, 1877).— Adrian Iselin, and R. T. Wilson, New York
City, N. Y. ; W. T. Walters, Baltimore, Md. ; Stanley Mathews, Cincinnati, 0. ; O.
R. C. Jackson, Charles M. McGhee, and E. Sanford, Knoxville, Tenn.
CHARLES M. MCGHEE, President Knoxville, Tenn.
John L. Moses — Secretary, Treasurer and Superintendent Knoxville, Tenn.
PRINCIPAL OFFICE AND ADDRESS.., ....Knoxville, Tenn.
KOGERSYILLE AND JEFFEKSON KAILKOAD.
Line of Road.— Junction, Tenn., to Rogersville, Tenn 15.5 miles.
Sidings and other tracks, 0.50 mile. Gauge, 5 feet. Rail, 56 Ibs.
Built chiefly on State subsidy. Dismantled 1860-65, and again aided by the
476 EAILROAD MANUAL OF THE UNITED STATES.
State with a loan of $100,000. On January 1, 1871, the State's interest in tbe road
amounted to $532,013.20. The original cost was only $376,250. No interest was paid,
and the Governor took possession and sold out the property, the East Tennessee, Vir-
ginia and Georgia Railroad Company becoming the purchasers for $15,548.91. In
1872 it was re-sold to a private party for $25,000, for which amount the E. T., V. and
G. Company hold a first lien. No information furnished for several years.
H. M. AIKEN, Proprietor Rogersville, Tenn.
PRINCIPAL OFFICE AND ADDRESS Rogersville, Tenn.
MEMPHIS, PADUCAH AND 1STOKTHEKN KAILKOAD.
Line of Road. — Memphis, Tenn., to Paducah, Ky 1(38 miles.
Sidings, etc., 5 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
This company was chartered March 25, 1878, as successor to the Paducah and
Memphis R. R. Co., whose road was sold under foreclosure, April 30, 1877, and bought
by Trustees for the bondholders. The P. and M. R. R. Co. were formed by the con-
solidation, January 31, 1872, of the Paducah and Gulf and the Mississippi River R
Rs. The road is operated in two sections — one from Memphis to Covington, Tenn.,
37 miles ; the other from Paducah to Trimble, Tenn., 68 miles, making total length
of line in operation 115 miles. It is intended to complete the road during the present
year.
Rolling Stock. — Locomotive engines 8. Passenger cars, 4 ; baggage, mail and
express cars, 3 ; and freight cars' (box, 48 ; and platform, 34) — total revenue cars, 89.
Service cars, 19.
Operations for year ending December 31, 1874 (latest published, and on 78 miles).
— Gross earnings, $201,480.36 ; and operating expenses, $121,025.56; net earnings,
$80,454.80.
Financial Statement (before sale). — Capital stock $3,000,000 ; funded debt, 1st
mortgage 7 per cent, bonds, due February 1, 1892, $1,541,000; and other liabilities,
$1,202,293.34— total liabilities, $5,743,293.34. Cost of property, $5,221,293.34.
The property was bought in for the new company for $105,000, by H. W. Smitk-
ers, J. T. Edmonds, and C. J. Candor, purchasing trustees and receivers. The reor-
ganization had not been completed at close of the year.
Directors (named in charter March 25, 1878), Henry W. Smithers, Exstine Nor-
ton, Henry S. McComb, John T. Edmonds, W. Monsarrat, C. J. Canda, John T.
Barnes, and W. Y. C. Humes.
HENRY W. SMITHERS, President New York City.
Exstine Norton, Vice- President " " "
Gen. Manager— N. Monsarrat Paducah, Ky. | Auditor— W. D. Basley Paducah, Ky.
PRINCIPAL OFFICE AND ADDRESS Paducah, Ky.
EAILKOAD MANUAL OF THE UNITED STATES.
477
NASHVILLE, CHATTANOOGA AND ST. LOUIS E. K.
Line of Road. — Chattanooga, Term., to Hickman, Ky 322.0 m.
Branches named below.. 27.5 "
Total length of main and branch lines 349.5 in.
Sidings and other tracks 39.67 miles. Gauge 5 feet. Rail (steel 62 m.), 56 and 60 Ibs.
Consolidation (1872) of Nashville and Chattanooga R. R. Co. chartered in 1845,
and opened in 1854, and Nashville and Northwestern R. R. Co. chartered in 1854,
and completed in 1869.
The branches are from Wartrace to Shelbyville, 8 miles, and from Bridgeport to
Victoria, 19.5 miles. The extension of the latter, or Jasper Branch, from Jasper to
Victoria, 7£ miles, with 1.67 miles sidings was completed in 1877 at a cost of $10,000
per mile, paid on the proceeds of 8 per cent. 30-year bonds, secured on the exten-
sion in bulk.
In January, 1877, the company purchased the Tennessee and Pacific Railroad, ex-
tending from Nashville to Lebanon, 30 miles, paying therefor the sum of $140,000.
The property was delivered to the company January 16, 1877.
The company also purchased, March 21, 1877, the McMinnville and Manchester
Railroad, Tullahoma to McMinnville, 35 miles, and the Winchester and Alabama
Railroad, Decherd to Fayetteville, 40 miles ; paying therefor $320,000 in 6 per cent.
40-year bonds, secured by mortgage on said lines, and free of interest to January 1,
1878. The McMinnville line will be extended to Sparta, the company using the
work done by the Southwestern R. R. Co.
The accounts of all these purchased lines are kept separately.
The company are now laying the main line with steel rails.
Rolling Stock. — Locomotive engines, 83. Cars — passenger, 26; baggage, mail
and express, 11 ; and freight (box, 700 ; stock, 49 ; and platform, 200), 949. Total
revenue cars, 986. Also, 1 pay-car, and 2 wrecking cars.
Operations for year ending June 30, 1877. — Trains run — passengers, 488,586 ;
freight, 752,168; total, 1,240,754 miles. Locomotive engines run, 1,393,991 miles.
Passengers carried, westward (through, 30,337), 95,171 ; and eastward (through, 18,-
461), 88,652 ; total, 183,823. Freight moved, not reported.
Earnings.
From Passengers $435,666 83
" Freight 1,133,208 14
" U.S. Mail 38,60892
Miscellaneous 24,792 63
Total ($4,772.74 per mile) $1,632,276 52
Expenditures.
For Maintenance of Way $274,191 95
" Rolling Stock 356,638 6y
" Transportation 231,223 34
Miscellaneous ... 87,921 08
Total ($2,777.71 per mile) $949,975 06
Balance— net earnings, (41.81 per cent.), $682,301.46, or $1,995.03 per mile. In-
cluded in operating expenses are taxes, $23,740.82. Payments : Interest on funded
debt, $438,120 ; interest on floating debt and exchange, $16,627.18 : and dividends
(October. '76, and April, '77, each 1| per cent,), $196,033.14. Surplus, $31,521.14.
Extraordinary expenses on account of steel rail, etc., $48,491.56. Excess of payments,
$16,970.42, charged against profit and loss, j
478 KAILROAD MANUAL OF THE UNITED STATES.
Abstract of operations, etc., for five years :
1872-73.
(342m.)
1873-74.
(342m.)
1874-75.
(342 m.)
1875-76.
(342 m.)
1876-77.
(342 m.)
Train Miles
1,789,744
1,325,525
1,213,849
1,256,454
1,240,754
Passengers Carried
264,689
219,216
198,351
183,997
183,823
Freight ^tons) Moved
481,674
546,081
552,035
650,500
Passenger Earnings
$
618,781 96
$
527,477 85
$
488,782 43
$
480,889 51
$
435,666 83
Freight l'
1,607,328 35
1,283,546 96
1,128,171 21
1,207,167 59
1,133,208 14
U. S. Mail "
40,582 39
38,805 64
38,608 92
38,608 92
a3,608 92
Rents and Privileges
31,507 97
26,802 52
25,263 63
24,933 85
24,792 63
Total Earnings
2,298,200 67
1,876,632 97
1,680,826 19
1,751,539 87
1,632,276 52
Expenses and Taxes
1,742,937 99
1,343,757 32
1,151,954 45
1,023,425 54
949 975 06
Net Earnings
555,262 68
532,875 65
528 871 74
788,176 33
682 301 46
Interest on Funded Debt..
148,500 00
Not stated.
Not stated
438.120 00
438 120 00
Interest and Exchange. ..
(i
it
18^163 77
16 627 18
Dividends
2 p. c.
3 p c
194,573 59
196 033 14
Surplus to Profit and Loss
Gross Earnings per Mile ... .
406,762 68
6,719 89
Not stated.
5,487 23
Not stated.
4 914 70
77,318 97
5,121 64
31.521 14
4 772 74
Operating Expenses per Mile.
5,096 31
3,929 12
3,368 29
2,992 47
2,777 71
Net Earnings per Mile
1,623 58
1,558 11
1,546 41
2,129 17
1 995 03
Expenses to Earnings
75.83 p. c.
71.61 p. c.
68.53 p. c.
58.43 p. c.
58.19 p c
The earnings and expenses of the three newly-acquired lines from date of trans-
fer to June 30, 1877, were as follows :
Railroads.
Miles of
R. R.
Earnings.
Expenses.
Net
Revenue.
Total.
Mile.
Total.
p. c.
Tenn. and Pacific (166 days1)
1 30
35
40
$18,887 48
4,327 64
7,002 46
$629 58
123 65
175 06
$13,490 51
2,781 79
3,025 49
71.43
64.27
43.21
$5,396 97
1,545 85
3,976 97
McMinn. and Manchester (96 days)
Winch and Ala. (96 days)..
One these lines one bridge of 196 feet span was built, and other improvements
completed, all charged to expenses account.
General Balance, June 30, 1877.
Road and Outfit ($39,144.14 per m.) .. $13,387,295 63 j Capital Stock ($19,226.01 per mile). ...$6,575,295 63
Materials and Supplies 85,651 87 Funded Debt ($19,918.13 " ).... 6,812,00000
Real Estate, not used for Road 123,611 94 j Interest Payable in Tenn. Bonds 148,220 00
Stocks and Bonds 114,169 91 Bills Payable and Loans 297,14743
U.S. Government 143,172 62 j Sundry Accounts 198,07121
Bills and Accounts 139.17202 Interest Coupons due July 1 197,21500
Cash and Deposits for Coupons 274,956 26 Profit and Loss 40,080 99
$14,268,030 26 \
$14,268,030 26
RAILKOAD MANUAL OF THE UNITED STATES.
Statement of funded debt in detail :
479
Classes of Bonds.
Date of
Issue.
Rate
p. c.
Interest
Payable.
Principal
Payable.
Amount
Issued.
Amount
Outstand'g.
Annual
Interest
N. and C. R. R. Bonds. . .
N.& C.R.R.Bs.(endorsed)
" " toU. S...
Consol Mortgage
July 1, 1855
Various.
In 1871
July 1, 1873
Bonds and A
6
6
4
7
.
Lnnual
Jan. & Jxily
(t tt
Yearly.
Jan. & July
Interest
1875-1880
20 & 30 yrs.
1881-1891
July 1, 1913
$19,000
1,100,000
1,000,000
6,800,000
$12,000
1,100,000
1,000,000
4,700,000
$7,200
66,000
40,000
329,001)
Total Amount of
$8,919,000
$6,812,000 $442,200
The company hold $2,100,000 of the consolidated bonds to provide for the Ten-
nessee endorsement and the bond to the United States. The latter was issued to the
Government in settlement for rolling stock purchased in 1865. The company are also
liable for the mortgage issued on account of the extension of the Jasper Branch and
the roads purchased by them in 1877, as follows :
Classes of Bonds.
Date of
Issue.
Rate
p. c.
Interest
Payable.
Principal
Payable.
Amount
Outstand-
ing.
Annual
Interest.
1st Mortgage (Jasper Br. Extension) . . .
(McM. and Man. R. R.)..
" " (Winch, and Ala. R. R.).
July 1, 1876
Jan. 1, 1878
(t it
8
6
6
Jan. & July
it (i
«< it
July 1, 1906
Jan. 1, 1918
<t it
$75,000
j- 320,000
$6,000
19,200
Abstract of general balances, yearly (June 30), for five years :
1873.
1874.
1875.
1876.
1877.
342
342.
342.
342.
342,
Track Miles
368.41
370.19
372.22
376.29
338.67
83
83
83
83
83
Passenger Cars
26
26
26
26
26
10
10
11
11
11
Freight Cars
909
914
949
949
949
Capital Stock
$
6,486,049
$
6,575.296
$
6,575.296
$
6,575,296
$
6.575,296
Funded Debt
2,812,265
6,812,000
6,812,000
6,812,000
6,812,000
Interest, payable in Tenn. Bonds
14*,220
148,220
148,220
148,220
148,220
Bills Payable and Loans
373.252
159,645
350.287
230,874
297,147
Sundry Accounts.
2,765,191
96,762
88,032
122,419
198,071
Coupons due July 1
197,215
197.215
197,215
Profit and Loss
1,694,918
70,332
5,032
69,147
40,081
Total Liabilities
13,979,895
13,882,255
14,176,083
14,155,171
14,268,030
Road and Outfit
13,286,049
-13,387.296
13,387,296
13,387,296
13,387,396
Real Estate
170,502
21.773
75,301
123,362
123,612
Stocks and Bonds
80,090
155,475
104,439
114,415
114,170
Materials and Supplies
73,363
92,855
94.362
84.714
85,652
Bills and Accounts
253,708
86,064
255.881
225,599
282.344
Cash in Bank and on Hand
116,183
138,792
258,804
219,785
274,956
Total Property and Assets
13,979,895
13,882,255
14,176,083
14,155,171
14,268,030
Directors (elected September 12,1877).— E. W. Cole, John M. Bass, N. C. Collier,
T. D. Fite, B. F. Wilson, G. M. Fogg, and J. A. Satterthwaite, Nashville, Tenn.;
480
RAILROAD MANUAL OF THE UNITED STATES
E. L. Jordan and J. W. Childress, Murfreesboro', Tenn.; Thomas C. Wliiteside and
Thomas Lipscomb, Shelby ville, Tenu.; W. S. Huggins, Manchester, Tenn.; Vernon
K. Stevenson, A. Iselin, Jr., New York, N. Y. ; W. T. Walters, Baltimore, Md.;
John P. King (for Georgia R. R. and Banking Company), Augusta, Ga.
E. W. COLE, President Nashville, Tenn.
Secretary and Treasurer. R. C. Bransford.
Gen. Superintendent J. W. Thomas.
Resident Engineer R. C. Morris.
Gen. Bookkeeper T. D. Flippin.
Gen. Supervisor of Track E. Culverhouse.
Auditor John P. Williams.
Gen. Ticket Agent W. L. Danley.
Gen. Freight Agent George R. Knox.
Master Machinist James V. Eastman.
Master Car Builder J. G. Sawyer.
PRINCIPAL OFFICE AND ADDRESS Nashville, Tenn.
McMINNVILLE AND MANCHESTEE EAILEOAD.
Line of Road. — Tullahoma, Tenn., to McMinnville, Tenn 35 miles-
Sidings and other tracks, 1.75 mile. Gauge, 5 feet. Rail, 50 Ibs.
Chartered February 4, 1850, and road completed in November, 1856. Sold in
foreclosure in 1871, and purchased by the Memphis and Charleston R. R. Co., by
which it was operated to November 1, 1874, when it was leased for six years. In
1877 (March 26) the road and equipments were sold to the Nashville, Chattanooga and
St. Louis R. R. Co., and it has since been operated by it. To June 30, 1877 (96 days)
the gross earnings were $4,327.64; the expenses $2,281.19, and the net revenue
$1,545.85. The cost to the present owners was about $4,000 per mile, secured by
mortgage on the property. An extension is projected to Sparta.
Officers, etc. — Same as N. C. and St. L. R. R. Co.
EOCKWOOD AND TENNESSEE EIYER EAILWAY.
Line of Railroad. — Rockwood Furnace, Tenn., to Tennessee River 6 miles.
Sidings and other tracks, 2-J- miles. Gauge, 3 feet. Rail, 35 Ibs.
Owned and operated by 'the Roane Iron Company, which has a capital of $1,000,-
000. It is cheifly used for the transportation of coal and iron, and connects with
steamboats to and from Chattanooga and London.
Superintendent Henry Clay Evans. | Treasurer W. P. Sanks.
PRINCIPAL OFFICE AND ADDRESS Chattanooga, Tenn.
TENNESSEE AND PACIFIC EAILEOAD.
Line of Road. — Nashville, Tenn., to Lebanon, Tenn. 30 miles.
Sidings and other tracks, 1.5 mile. Gauge, 5 feet. Weight of rail, 56 Ibs.
This road was intended to extend from Nashville to Knoxville. It was chartered
in May, 1866, and obtained State aid in bonds to the extent of $20,000 per mile, and
KAILROAD MANUAL OF THE UNITED STATES. 481
$200,000 for bridges. The road was completed from Nashville to Lebanon, 30 miles,
in 1870. No interest was ever paid on the State loans ; the property was taken by
the State. In January, 1877, it was sold to the N., C. and St. L. R. R. Co. for $140,-
000, payable in State bonds, or a cash equivalent. The purchasers took possession
January 16, 1877, and have since operated it, keeping the accounts thereof separately.
There had been expended on the road $935,549.80. To June 30, 1877 (1G6 days), the
gross earnings amounted to $18,887.48 ; the expenses to $13,490.51, and the net
revenue to $5,396.97.
Officers, etc.— Same as N., C. & St. L. R. R. Co.
TENNESSEE EAILEOAD (AND COAL COMPANY).
Line of Road. — Tracy City, Tenn., to Cowan, Tenn 21 miles.
Branches, 3 miles. Gauge, 5 feet. Rail, 56 Ibs.
This road is owned by the Tennessee Railroad and Coal Company, and is used
mainly in the transportation of coal and iron. It connects with the Nashville Chat-
anooga and St. Louis Railroad at Cowan, 64 miles east from Chattanooga.
PRINCIPAL OFFICE AND ADDKESS Tracy City, Tenn.
WINCHESTER AND ALABAMA RAILWAY.
Line of Road. — Decherd, Tenn., to Fayetteville, Tenn 40 miles.
Sidings, and other tracks, 2 miles. Gauge, 5 feet. Rail, 51 Ibs.
Constructed almost entirely on State loans. Sold in foreclosure in 1871, and
purchased by the Memphis and Charleston R. R. Co., which operated it up to Novem-
ber 1, 1874, when it was leased for six years. Re-sold to the C. and St. L. R. R. Co.
March 26, 1877, and since operated by them. To June 30, 1877 (96 days), the earn-
ings were $7,002.46, the expenses $3,025.49, and the net revenue $3,976.97. The
original cost of the road was about $1,200,000. Its cost to the present owners was
about $4,000 per mile, secured on the property by mortgage.
Officers, etc.— Same as N., C. and St. L. R. R. Co.
NASHYILLE AND DECATUR RAILROAD.
Line of Road. — Nashville, Tenn., to Decatur, Ala 122.30 miles.
Sidings and other tracks, 12.82 miles. Gauge, 5 feet. Rail, 56 Ibs.
Consolidation, January 1, 1868, of the Tennessee and Alabama, the Central
Southern and the Tennessee and Alabama Central Railroads. A branch line originally
extended from Columbia to Mt. Pleasant, !!-£ miles. Leased, May 4, 1871, to the
Louisville and Nashville R. R. Co. for 30 years from July 1, 1872, and renewable for
ever. The lessees to assume all funded and floating debts, not exceeding $2,450,000,
31
482 RAILROAD MANUAL OF THE UNITED STATES.
and pay 6 per cent, to the stock. The first dividend under the lease was paid April
1, 1875 ; the dividend days have since been fixed for June 1 and December 1.
Rolling* Stock. — Locomotive engines, 25. Cars — passenger, 4; baggage, 3;
caboose, 7 ; freight (box, 99 ; gondola. 25, and flat, 44), 168 — total revenue cars, 182.
Also, 12 service cars. Rolling stock furnished by lessees.
Operations for year ending June 30, 1877. — Included in lessees' returns. Gross
earnings, $679,591.61, and operating expenses, $418,746.24. Net revenue, $262,845.37.
Payments, for which the lessees are liable: interest on bonds, $150,184.12 ; hire of
engine and cars, $37,000.87; and dividends on stock, $98,553.44— total, $285,738.43.
Deficit to lessees, $22,893.06. The amount charged to construction account for the
year was $3,036.20, and during former years, $258,123, making a total of $261,159.20,
which is to be reimbursed at the end of the lease.
Financial Statement. — Capital stock, $1,512,000; funded debt (assumed by
lessees), 1st mortgage 7 per cent. 30-year sinking fund bonds, dated July 1, 1870
(issued $1,900,000), $1,866,000 ; and 2d mortgage 6 per cent, gold 20-year bonds, dated
October 1, 1867, $205,000 ; and floating debt (advances), $261,159.20— total stock,
bonds and debt, $3,694,159.20. Per contra : Cost of road and equipment, $4,118,022.60.
JAMES W. SLOSS, President Montgomery, Ala.
Secretary and Treasurer George W. Seay. | Superintendent James Geddes.
PIUNCIPAL OFFICE AND ADDRESS Nashville, Tenn.
RAILROAD MANUAL OF THE UNITED STATES.
483
OF SOUTH
Area, 34,000 square miles. Population, 754,998. Assessed valuation, $133,132,628.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Tracks.
Length of Lines.
Total.
S. Car.
1 Ashley River Branch (North-Eastern)
Ft. In.
5 :
5:
5 :
5:
3:
5:
3:
5:
5:
5 :
5 :
5:
5 :
5:
4:8i
5:
5:
M.
3.75
265.80
43.00
195.00
5.00
40.00
52.00
164.80
32.00
102.00
112.00
106.00
5.25
243.00
26.50
69.00
189.00
M.
3.75
129.50
43.00
184.50
5.00
40.00
35.00
164.80
32.00
102.00
112.00
90.50
5.25
243.00
21.00
69.00
125.50
2 Atlanta and Charlotte Air- Line [Georgia
3 Blue Kido-e
4 Charlotte Columbia and Augusta
8 Greenville and Columbia
9 Laurens (G and C.)
10 North-Eastern
11 Port Royal
12 Savannah and Charleston
13 Ashley River Branch
14. South Carolina
15 Spartanburg and Ashville
16 Spartanburg, Union and Columbia 1 ...
17. Wilmington, Columbia & Augusta. [N. Carolina
Total Length
1,654.10
1,405.80
BLUE EIDGE RAILROAD.
Line of Road. — Anderson, S. C., to Walhalla, S. C 43 miles.
Sidings and other tracks, 2 miles. Gauge, 5 feet. Rail, 56 Ibs.
Rolling1 Stock. — Locomotive engines, 2. Cars — passenger, 1 ; baggage, 1 ; and
freight — box, 5, and platform 6 — total cars, 13.
Chartered in December, 1852. Construction was commenced in November, 1853,
and the road opened to Walhalla in 1859. The projected line to Knoxville, Tenn., is
BAILROAD MANUAL OF THE UNITED STATES.
196 miles. It is operated by the Greenville and Columbia R. R. Co. under temporary
arrangement.
Operations. — Included in returns of Greenville and Columbia R. R. Co., which
operates the road for its earnings.
Financial Statement.— Capital stock $2,100,000. The largest portion of this is
owned by the State of South Carolina and the City of Charleston.
JAMES W. HAKRISON, President Anderson, S. C.
M. D. L. GAILLARD, Sec., Treas. and Supt Pendleton, S. C.
PRINCIPAL OFFICE AND ADDRESS Anderson, S. C.
CHAELOTTE, COLUMBIA AND AUGUSTA EAILKOAD.
Line of Road. — Charlotte, N. C., to Augusta, Ga 195 miles.
Sidings and other tracks, 13 miles. Gauge, 5 feet. Rail (steel, 12.5), 50 Ibs.
Consolidation, July 9, 1869, of the Charlotte and South Carolina and the Colum-
bia and Augusta R. R. Cos., the first of which was chartered December 18, 1846,
and road completed October 22, 1852, and the latter chartered in 1865, and road
opened to Graniteville in 1867 and to Augusta in 1869. The South Carolina R. R.
was used during the construction of the line between Graniteville and Augusta.
Rolling1 Stock. — Locomotive engines, 23. Cars — passenger, 17 ; baggage, mail
and express, 9 ; and freight (caboose, 10; box, 142 ; stock, 12 and platform, 55) 49 —
total revenue cars, 245 ; service cars, 16.
Operations for year ending September 30, 1877. — Trains run — passenger, 151, 067 ;
freight, 159,887; and other, 60,574— total, 371,528 miles. Passengers carried, 57,720 !
freight moved, 99,192 tons. Included in freight was — cotton, 132,110 bales. Gross
earnings — passenger, $153,760,32 ; freight, $284,216.27 ; mails and expresses,
$26,002.05 ; and miscellaneous, $33,178.23— total, $497,156.92. Operating expenses,
$294,668.14; taxes, $20,855.29— total, $315,523.93. Net receipts, $181,632.99. Pay-
ments : coupons, $174,492.50, and other interest, City of Augusta, etc., $23,408.53.
Abstract of operations for seven years :
1870-71.
1871-72.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
481 090
481 179
436386
402,247
371,528
Passenger f1 Carried
100,460
71 123
84,262
60,880
57,720
Freight (tons) Moved
103,984
108,588
99,192
99,192
Earnings from Passengers. . .
" " Freight, . .
$253,660
315,782
$253,336
351,910
$259,701
464.731
$190,397
383 574
$195,806
367 532
$163.186
293,459
$153,760
284,216
" " Otlier Sources.
25,031
27,454
27,884
40,560
50,675
67,918
59,181
Gross Earnings
$594,473
$(532,700
$752,316
$614 531
$614,013
$524,563
$497,157
Oper. Expenses and Taxes . .
389,271
419,078
475,930
416,541
394,009
351,628
315,524
$205,202
$213,622
$276,386
$197 990
$220,004
$172,935
$181,633
Gross Earnings per Mile
Oper. Expenses "
$3,048 60
1,096 26
$3,244 61
2,149 12
$3,858 03
2,440 67
$3,151 44
2,136 11
$3,148 91
2,020 56
$2,690 06
1,803 22
$2,549 52
1,618 07
Net, Earnings per Mi le
$1,052 34
$1,095 49
$1,417 36
$1,015 33
$1,128 35
$886 84
$931 45
Expenses to Earnings
Interest on Bonds, etc
65.49 p. C.
$1*2.213
66.23 p. C.
$150 813
63.26 p. C.
$191,435
67.78 p. c.
$192,673
64. 17 p. c.
$178,529
67.03 p. c:
$172,446
63.46 p. c.
$174,493
Balance, Surplus Earnings..
32,989
62,809
84,951
5,317
41,475
489
RAILROAD MANUAL OF THE UNITED STATES.
485
General Balance, September 30, 1877 :
Eoad and Equipment ($26,314.69 p.m.)$5,131,364 33
Real Estate, Materials, etc 112,639 58
Stocks and Bonds 175,809 37
, 96,32617
Cash and Balances.
$5,516,139 45
Capital Stock ($13,220.59 p. m.) $2,578,000 00
Funded Debt ($12,820.51 p. m.) 2,500,000 00
FloatingDebt 127,02097
Profit and Loss 311,118 48
$5,516,139 45
Abstract of general account yearly (September 30) for seven years :
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Capital Stock
$
2,578 000
$
2 578,000
$
2,578 000
$
2,578 000
$
2 578000
$
2,578 000
$
2 578,000
Funded Debt
1,300,000
1,400,000
1,514,000
1.515,500
1,515,500
2,500,000
2,500,000
Floating "
850,000
681,082
820 831
841.587
765,915
142 058
127 021
Profit and Loss
555,906
669,106
651,891
559,233
616,801
318,851
311,118
Total Liabilties
5,283,906
5,328,188
5,564,722
5,494 320
5,476,216
5,539,009
5 516 139
Road and Equipment
5,011,920
5.017,880
5,115,004
5,115,004
5,125,948
5,131,364
5,131,364
Real Estate
48,679
48,904
60,142
60,142
60,142
59 835
61,335
Stocks and Bonds
158,125
158,125
160,335
171,644
171,809
171,809
175,809
Floating Assets
65,182
103,279
229,241
147,530
118,317
176,001
147,631
Total Resources
5,283,906
5,328,188
5,564,722
5,494,320
5,476,216
5,539,009
5,516,139
Statement of funded debt in detail :
Classes of Bonds.
Date of
Issue.
Rate
p. c.
Interest
Payable.
Principal
Payable.
Amount
Authorized.
Amount
Outstand'g.
Annual
Interest
1st Consol. Mortgage
1st (Col. & Au<r.) Mort...
1st (Chas.&S. C.) " ...
2d Consol. " ...
July 1, 1869
Jan. 1, 1869
Jan. 1, 1660
Jan. 1, 1876
7
7
7
7
Jan. & July
Jan. & July
Jan. & July
Jan. & July
Jan. 1, 1895.
Jan. 1, 1890.
Jan. 1. 1880.
Jan. 1, 1910.
$2,000,000
$1,806,500
183,500
10,000
500,000
$126,455
12,845
700
35,000
500,000
The first mortgage bonds of the original companies are convertible into first con-
solidated bonds at any time.
Directors (elected November 3, 1877).— John B. Palmer, Columbia, S. C.; R. R.
Bridgers, J. W. Thompson, and S. B. Alexander, Wilmington, N. C.; A. B. Davidson,
Charlotte, N. C. ; F. W. McMaster, and T. J. Robinson, Columbia, S. C. ; J. H. Rion, A.
B. Springs, B. D. Townsend, and L. D. Childs, Winnsboro, S. C. ; J. J. McClure,
Graniteville, S. C. ; W. E. Jackson, J. 0. Mathewson, Josiah Sibley, and David Dick-
son, Augusta, Ga. ; B. F. Newcomer and W. T. Walters, Baltimore, Md. ; and the
Mayor of Augusta, ex-officio.
JOHN B. PALMER, President Columbia, S. C.
R. R. Bridgers, General Manager Wilmington, N. C.
Treasurer John C. B. Smith. I Gen. Freight and Pass. Agt A. Pope.
General Superintendent T. D. Kline. Eoad Matter B. F. Burns.
Master of Transportation Thomas Anderson. | Master Mechanic Robert King.
PRINCIPAL OFFICE AND ADDRESS Columbia, S. C.
486 EAILROAD MANUAL OF THE UNITED STATES.
CHEEAW AND CHESTEE EAILEOAD.
Line of Koad.— Clieraw, S. C., to Chester, S. C 90 miles.
In operation : Chester, eastwardly 5
Gauge, 3 feet. Rail, 30 Ibs.
This company was organized in 1875, and the portion in operation opened in
1877. No report is furnished of operations or financial condition. A considerable
part of the line is graded.
Officers, etc., not reported.
CIIEEAW AND DARLINGTON EAILEOAD.
Line of Koad.— Florence, S. C., to Cheraw, S. C .40 miles.
Sidings, etc., 1 mile. Gauge, 5 feet. Rail, 50 Ibs.
Chartered December 19, 1849, and road opened November 29, 1855. At Florence
it connects with the Northeastern and the Wilmington, Columbia and Augusta R. Rs.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 4 ; baggage, mail and
express, 1 ; and freight (box, 20, and platform, 5), 25 — total, 30.
Operations for year ending September 30, 1877. — Engine service, 31,360 miles.
Passengers carried, 7,633. Cotton moved, 19,970 bales, and naval stores moved,
38,238 barrels. Gross earnings— passenger, $6,421.88 ; freight, $39,231,29 ; express,
$777.96 ; mail, $1,839.60, and minor receipts, $526.37— total, $48,797.05. Operating
expenses, $25,550,60. Net earnings, $23,246.45. Interest on bonds, etc., $21,812.59.
Financial Statement, September 30, 1877.— Capital stock, $392, 100 ; funded debt,
1st mortgage 8s, due April 1, 1880, $156,000 ; 1st mortgage 7s, due April 1, 1880, $5,000 ;
and 2d mortgage 7s, due July 1, 1879, $75,000 ; debt certificates, 8s, due January 1,
1855, $34,950 ; bills payable, $7,632.35 ; interest due, $918.90 ; balances due on open
account, $4,145.46 ; and profit and loss, $14,743.58. Per contra : Construction ($17,000
per mile), $680,000 ; real estate, $730.50 ; due mail service, $299. 79, and cash on hand,
$9,460. Total, $690,490.29.
Directors (elected November 21. 1877). — B. D. Townsend, L. M. Coker, and W. A.
Carrigan, Society Hill, S. C. ; W. T. Walters and B. F. Newcomer, Baltimore, Md. ;
R. R. Bridgers, Wilmington, N. C. ; A. F. Ravenel and Thomas Frost, Charleston,
S. C. ; C. P. Townsend and J. B. Breeden, Bennettsville, S. C. ; and H. B. Plant, New
York City.
B. D. TOWNSEND, President & Superintendent. ..Society Hill, S. C.
Secretcn^y and Treasurer J. H. Mclvor. | Chief Engineer George W. Earle.
PRINCIPAL OFFICE AND ADDRESS Cheraw, S. C.
CHESTEE AND LE1STOIE (K C.) EAILEOAD. (In Progress.)
Line of Road. — Chester, S. C., to Lenoir, N. C 90 miles.
In operation : Chester, S. C., to Dallas, N. C 52 "
Sidings and other tracks, 2 miles. Gauge, 3 feet. Rail, 30 Ibs.
KArLBOAD MANUAL OF THE UNITED STATES. 487
The King's Mountain R. R. Co. was chartered December 19, 1849, and completed
September 7, 1852. The Chester and Lenoir R. R. Co. was chartered February 26,
1873, to construct a narrow-gauge railroad to connect with the Atlanta and Richmond
Air-Line and the Charlotte, Columbia and Augusta R. R. The two companies were
consolidated April 3, 1874, and the existing line was changed from the 5-feet gauge
to the narrow-gauge.
Rolling Stock.— Locomotive engines, 4. Passenger cars, 2 ; and freight cars, 13
— total revenue cars, 15.
Operations for year ending April 30, 1877. — Information refused. In the year
1875, the gross earnings were $19,159.48; and the operating expenses, $10,512.35 ;
net revenue, $7,579.73, from which was paid interest on bonds, $5,500.
Financial Statement. — No information. The counties of York and Chester each
contributed in bonds $100,000, and $300,000 in company's 1st mortgage bonds have
been provided.
A. H. DAVEGA, President Chester, S. C.
PRINCIPAL OFFICE AND ADDRESS Chester, S. C.
GEEENVILLE AND COLUMBIA EAILEOAD.
Line of Road.— Columbia, S. C., to Greenville, S. C 143.5 miles.
Branches • \ Cokesbury to Abbeville 11 5
(Belton to Anderson.. .9.8—21.3 "
Total length of railroad owned by company 164.8 miles.
Sidings and other tracks, 10 miles. Gauge, 5 feet. Rail, 50 Ibs.
The company also operate the Laurens Railroad, and own a controlling interest
in the Blue Ridge Railroad.
Chartered in December, 1846, and opened for through traffic December, 1853.
The company made default on the interest of its bonds, January, 1872, and resumed
January 1, 1874, having funded two years' interest in 10 year 7 per cent, bonds,
which the South Carolina R. R. Co. endorsed. New mortgage, intended to cover
all issues, made July 21, 1876.
Rolling Stock. — Locomotive engines, 20. Cars — passenger, 11 ; baggage, mail
and express, 5 ; and freight, 172 — total revenue cars, 188. Also, service cars, 17.
Operations for year ending December 31, 1876. — Trains run, 237,791 miles.
Passengers carried, 48,662. Cotton moved, 103,077 bales.
Earnings.
From Passengers $83,920 82
" Freight 316,953 51
" Other Sources 21,48279
$422,357 12
Expenditures.
For Maintenance of Way $97,849 58
" Rolling Stock 33,65045
" Transportation, etc 114,779 08
$246,279 11
Balance, net earnings (41.68 per cent.), $196,078.11. Interest on funded debt,
$139,127.07. Payments not reported.
The gross earnings for the year 1877, were $381,910.24; operating expenses,
$201,295.36 ; net earnings, $180,614.88. Payments from net earnings not reported.
488 KAILROAD MANUAL OF THE UNITED STATES.
General Balance, December 31, 1877.
Construction and Equipment $3,623,905 1^ [ Capital Stock $1,515,165 54
Go's Bonds 239,753 03 Funded Debt 2,178,763 32
Blue Ridge R R. Bonds 134,44T 03 Interest 147,100 43
Materials, Expenses, etc 89,607 53 Bills Payable 585,353 97
Miscellaneous Accounts 104,237 71 S. C. R. R. Co 124,736 13
Profit and Loss... 491,211 05 \ Sundry Accounts 132,03209
$4,683,151 48
$4,683,151 48
The funded debt consists of $286,000 past due 1st mortgage bonds ; $103,060.58
3d mortgage bonds and certificates; $140,000 non-mortgage bonds; $1,413,071.55
State guaranteed bonds and certificates ; $163,131.19 funded interest bonds ; and $123,-
500 1st mortgage bonds, due 1895.
W. J. MAGRATH, President Charleston, S. C.
Gfneral Superintendent . . .Thomas Dodamcad. I Genl. Ticket Agent J. Norton.
Treasurer Charles H. Manson. | General Fi eight A gent M. T. Bartlett.
PRINCIPAL OFFICE AND ADDRESS . .Columbia. S. C.
LAUKENS EAILKOAD.
Line of Road. — Newberry, S. C., to Laurensville, S. C 32 miles.
Sidings and other tracks, 1.8 mile. Gauge, 5 feet. Bail, 50 Ibs.
Rolling Stock. — Supplied by Greenville and Columbia R. R. Co.
Chartered in December, 1849 ; road opened for traffic in April, 1854, and was in
disuse for several years. In 1875 it was partially repaired, and is now operated by
the Greenville and Columbia R. R. Co.
PRINCIPAL OFFICE AND ADDRESS Greenville, S. C.
NOBTH-EASTEKN KAILKOAD.
Line of Road.— Charleston, S. C., to Florence, S. C 102 miles.
Sidings and other tracks, 8.79 mles. Gauge, 5 feet. Rail, 56 Ibs.
Chartered December 16, 1851 ; completed November 10, 1856. In 1877 (Decem-
ber) the Ashley River R. R. was opened, and through that work connection made
with the Savannah and Charleston R. R., and the coast line completed.
Rolling1 Stock. — Locomotive engines, 13. Cars — passenger, 13 ; baggage and mail,
5; freight (box 87 and platform 55), 142. Total, revenue cars, 160 ; service cars, 17.
Operations for year ending September 30, 1877.— Passengers carried, 38,827.
Freight moved : Cotton, 66,688 bales ; and naval stores, 133,385 barrels.
Earnings. Expenditures.
From Passengers ...$70,625 54
" Freight 229,04511
" Express, Mail, etc 20,40046
Total ($3,137.57 per mile) §320,07131
For Maintenance of Way $64,494 31
" Rolling Stock 70,968 25
' ' Transportation, etc ... 56,575 81
Total ($1,882.72 per mile) $192,038 37
KAILKOAD MANUAL OF THE UNITED STATES.
489
Balance— net earnings (39.99 per cent), $128,032.94. Payments — Interest on
bonds, certificates, and preferred stock, $95,357.86; current interest, $4,486.59 ; taxes,
$4,872.52 ; extraordinary expenditures — new paesenger car, $3,875.80, and old claims
settled, $1,159.28; balance, credit of profit and loss, $18,280.89.
Abstract of earnings, expenses, etc., for seven years :
1870-71.
1871-72.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
$
$
$
$
$
$
$
Gross Earning* 321,551 59 305,452 44 395,463 02 403,851 17 416,956 06 382,278 92 320.071 31
Operating Expenses 230.747 31 31)3,799 00235,695 16258,635 40241,514 46220,435 05192,038 37
Net Earnings
Gross Earnings, per mile
Operating Expenses
Net Earnings
Expenses to Earnings
90,804 28101,653 44159,767 86145,215 77175,441 60161,843 88128,032 94
3,152 46
2,262 23
890 23
2,994 63
1,998 03
3,877 09 3,959 32! 4,087 75 3,747 83
2,310 73 2,535 64 2,365 82 2,161 12
3.137 57
1,882 72
996 60' 1,566 36 1,443 68 1,721 93 1,586 71 i 1,254 85
71.10 p. c. 66.72 p. c. 59.60 p. c. 64.04 p. c. 57.90 p. c. 57.66 p. c. 60.01 p. c.
General Balance, September 30, 1877.
Real Estate
n, etc. ($21,060.10 p. m.)...$
2,148,130 65
Capital Stock
.... $987,350 00
able . . . .
5,575 16
Funded Debt
... 1,056,000 00
ds, etc
19,301 46
Certificates of Indebtedness, etc
85,222 31
23,998 99
Interest and other Dues
32,794 73
d Cash .
22,201 74
Profit and Loss
57,840 96
$2,219,208 00
$2,219,208 00
The preferred stock ($88,000, 8 per cent.) is secured by a like amount of 2d lien
8 per cent, bonds, and the stock and bonds are interchangeable at any time.
Statement of the funded debt in detail :
Classes of Bonds.
Date of
Issue.
Rate.
Interest
Payable.
Principal
Pa3rable.
Amouut
Author-
ized.
Amount
Out-
standing.
Annual
Inter-
est.
1st Lien Bonds
Sept. 1, 1869.
8 p. c.
Mar. and Sept.
Sept. 1, 1899.
$840.000
$820,000
$65,600
2d " •' ....
Sept. 1, 1869.
8 "
Mar. and Sept.
Sept. 1, 1899.
322,000
236,000
18,860
Of the 2d lieu bonds of 1869, $88,000 are deposited in trust as security for the
preferred stock. The certificates of indebtedness are funded coupons, and bear 7 per
cent, interest; $2,000 of 2d lien bonds are past due.
The company have endorsed $40,000 1st mortgage 8 per cent, bonds of the
Ashley River R. R. Co.
Directors (elected November 22, 1877).— A. F. Ravenel, C. O. Witte, and W. B.
Smith, Charleston, S. C. ; B. D. Townsend, Winnsboro', S. C. ; R. R. Bridgers, Wil-
mington, N. C. ; J. B. Palmer, Columbia, S. C. ; and W. T. Walters, Baltimore, Md.
A. F. RAVENEL, President Charleston, S. C.
Treasurer C. Will! man. | Gen. Tkt. Agent P. S. Cleapor.
Eoad Master John Nettles.
PRINCIPAL OFFICE AND ADDRESS Charleston, S. C.
490
BAILEOAD MANUAL OF THE UNITED STATES.
POET BOYAL EAILEOAD.
Line of Road. — Augusta, Ga., to Port Royal, S. C 112 miles.
Sidings and other tracks, 4 miles. Gauge, 5 feet. Rail, 50 to 56 Ibs.
Chartered December, 1856, and completed March 1, 1873. The Georgia R. R.
and Banking Company guaranteed $500,000 of the 1st mortgage 7 per cent, gold
bonds. The property passed into the hands of a Receiver, appointed by the U. S.
Courts, May 9, 1875. A decree of sale has been issued, and it has since been ordered
by court that as soon as the gale is made all creditors shall be notified to come in and
prove their claims within 90 days.
Rolling Stock.— Locomotive engines, 10. Cars — passenger 8; baggage, mail and
express, 4 ; and freight (box 86 ; stock, 3 ; and platform, 56), 145 ; total, 157. Ser-
vice cars, 4.
Operations for year ending April 30, 1877. — Passengers carried, 53,072 ; carried
one mile, 1,276,044. Freight movement, not reported.
Earnings.
From Passengers $46,590 50
" Freight 184,88669
" Mail, Express, etc 16,834 78
Expenditures.
For Maintenance of Way $51,382 99
" Rolling stock . . 64,708 55
" Transportation, etc 71,32414
Total ($2,215.29 per mile) $248,111 97 Total ($1,673.35 per mile) $187,415 68
Balance — net earnings, 24.46 per cent., $60,696.29 ; subject to order of court.
Financial Statement. — Capital stock, $3,000,000; funded debt, 1st mortgage 7
per cent, gold bonds, dated May 1, 1869, and payable May 1, 1889, $2,500,000, of
which, $500,000, are guaranteed by the Georgia Railroad and Banking Company.
No coupons of non-guaranteed bonds paid since November, 1873. The guaranteed
coupons were paid up to May 1, 1877.
D. C. WILSON, Receiver Beaufort, S. C.
Treasurer — W. H. Johnson Augusta, Ga.
Superintendent— K. G. Fleming " u
Auditor— C has. R. Abbott... " "
Gen. Pass. & Fgt. Agt.—3. S. Duvant. Augusta, Ga.
Road Matter— j. H. Killian
Master Machinest— J. H. Milton.. Port Royal, S. C.
PRINCIPAL OFFICE AND ADDRESS * Augusta, Ga.
SAYANNAH 'AND CHARLESTON KAILEOAD.
Line of Road. — Savannah, Ga., to Charleston, S. C 106.00 miles.
Ashley River Branch — St. John's Ferry to Bee's Ferry 5.25 "
Sidings and other tracks, 4.9 miles. Gauge, 5 feet. Rail, 50 Ibs. ^
Chartered as Charleston and Savannah R. R. Co., December 20, 1853 ; road com-
pleted in 1858. Dismantled, 1865. Reorganized in 1866 under present title, and road
reopened March 2, 1870. In September, 1873, default was made on all classes of
bonds, and the road is now operated by a Receiver. The Ashley River Branch was
opened December 28, 1877, and connects the Savannah and Charleston and the North-
eastern Railroads.
KAILROAD MANUAL OF THE UNITED STATES.
491
Rolling Stock. — Locomotive engines, 10. Passenger cars, 9 ; baggage, mail and
express cars, 5 ; and freight cars (box, 40; stock, 4 ; and platform, 36) — total cars, 94.
Operations for year ending July 31, 1877. — Gross earnings, $803,883 ; operating
expenses, $283,837 ; net earnings, $20,046.
Financial Statement (1873, latest report). — Capital stock, $1,000,000 ; 'the funded
debt, $1,427,800— total, $2,427,000. Cost of road and equipment, $2,288,966.
Statement of funded debt in detail :
Classes of Bonds.
Date of
Issue.
Rate.
Interest
Payable.
Principal
Payable.
Am't Au-
thorized.
Am't Out-
standing.
Charleston & Savannah, guar'd
Savannah & Charleston, guar'd
1st Mortgage (S. and C.)
March 1, 1857.
Sept. 1, 1869.
July 1, 1869.
April 1, 1871.
6 p. c.
7 "
7 "
8 "
March & Sept. March 1, 1877.
March & Sept. Sept. 1, 1889.
Jan. & July. July 1, 1889.
April & Oct. April 1, 1891.
$505,0^0
245.800
500,000
300,000
$505,000
172,800
450,000
300,000
2d "
The first two classes are guaranteed by the State of South Carolina.
C. P. MITCHELL, President and Receiver Charleston, S C.
Treas. and Sec S. W. Fisher. | Supt C. S. Gadsden. | Fgt. and Pass. ^gtf.S.C
PRINCIPAL OFFICE AND ADDRESS Charleston, S. C.
.SOUTH CAROLINA EAILEOAD.
Line of Road.— Charleston, S. C., to Hamburg, S. C 137 miles.
Branches : \ Brancllville> to Columbia 68
1 Kingville, to Cainden 38 — 106 "
Total length of lines owned and operated 243 miles.
Sidings, etc., 31 miles. Gauge, 5 feet. Rail (steel, 6.5 miles), 56 and 50 Ibs.
Chartered as Charleston and Hamburg R. R. Co., December 19, 1827, and opened
through to Hamburg, October 1, 1833. The first section of six or seven miles from
Charleston, was completed in the winter of 1820, and the first locomotive placed
thereon, December 6, 1830. The branch lines were constructed under separate
charters— that to Columbia opened November 1, 1840, and that to Camden, June 26,
1848. In 1844 these roads were consolidated under the existing name. Since 1873
the company have become embarrassed and are now reorganizing their bonded debt.
The plan proposed is to reduce the 2d mortgage bonds to 50 per cent, of their present
amount, and the non-mortgage bonds to 40 per cent, and funding the reduced amounts
in a consolidated 2d mortgage, dated April 1, 1878, bearing 7 per cent, interest
and due in 25 years. The coupons (reduced) due April 1, 1878, and the first two
coupons of the new bonds will be funded in 7 per cent, scrip, payable in ten succes-'
sive annual installments; accrued principal and interest to be receivable for all dues
492
KAILROAD MANUAL OF THE UNITED STATES.
to tlie company. In consideration of the reduction submitted to, the holders of con-
solidated 2d mortgage bonds will be paid an amount equivalent to 20 per cent, of
their holdings before any dividend is paid to the stockholders, payment to be contin-
gent upon the earnings or other profits of the road.
Rolling1 Stock. — Locomotive engines, 43. Cars — passenger, 49; freight (box,
357 ; stock, 10 ; and platform cars, 95), 462 — total revenue cars, 511.
Operations for year ending December 31, 1877. — Trains run— passenger, 170,802 ;
and freight, 509,252 — total, 680,054 miles. Passengers carried, 104,620. Freight
moved, 244,807 tons. Included in freight— cotton, 287,765 bales; fertilizers, 34,059
tons ; flour, 50,223 barrels ; grain, 279,956 bushels ; merchandise, 15,438 bales ; naval
stores, 56,450 barrels ; and live stock, 9,642 head.
Earnings.
From Passengers $186,560 22
" Freight 820,841 24
" Mail 13,26290
Total ($4,200.26 per mile) $1,020,664 36
Expenditures.
For Maintenance of Way $141 .460 72
" RollingStock 213,39341
" Transportation, etc 238,899 34
Total ($2,443.43 per mile) $593,753 47
Balance— net earnings (41.82 per cent.), $426,910.89. Add receipts from other
sources, $5,763.56; total available revenue, $432,674.45. Payments: interest on
sterling bonds, $74,720.96 ; and premium on ditto, $11,096.86 ; interest on 1st mort-
gage bonds, $74,095 ; on 2d mortgage ditto, $84,455 ; on special mortgage ditto,
$4,200 ; on non-mortgage ditto, $77,625 ; and bills payable, etc., $78,474.91— total
payments, $404,667.73. Balance to credit of income account, $28.006.72.
Abstract of operations, traffic, etc. , for seven years :
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Pas'ger Train Mileage
Freight "
Passengers
245,748
431,359
197,362
2-28,064
262,701
17,899
$
268,038 32
1,0:55,259 10
2-2,144 58
181,987
530,075
207,344
266704
264,625
32,609
$
268,042 93
1,110,148 05
23,020 27
180,347
576,944
188,607
294,784
328,904
42,574
$
246,756 26
1,221,239 63
*3,020 00
181,119
546,712
171,118
270,278
343,786
31,283
$
226,016 06
1,112,77995
18,126 10
202,582
536,254
158,735
, 261,^80
296,245
36,157
$
229,221 30
981,905 44
18,176 10
159,495
548,717
119,326
252.630
336,814
31,695
$
200.754 57
907,506 37
18,176 10
170,802
509,252
104,620
244.807
287,765
34.059
$
186,560 22
820,841 24
13,262 90
Tonnage
Cotton, bales
Fertilizers, tons
Passenger Traffic
Fraight "
Mails
Gross Earnings
Working Expenses. . .
Net Earnings
Interest, Div'nds, etc.
Available Eevenue...
Applied to—
Ster. Int. (& Exch'ge).
Domestic Interest
Dividends...
1,325,442 00
879,858 63
1,401,211 25
856,105 61
1,491,01589
914,55057
1,365,972 11
850,515 4->
1,229,302 84
780,727 89
1,1-26,437 04
647,752 64
1,020,664 36
593,753 47
445,583 37
19,207 93
545,105 64
10,101 07
576,465 32
2,210 70
515,456 69
1,529 29
448,574 95
1,431 13
478,684 40
4,254 13
426,910 89
5,763 56
464,791 30
75,397 31
276.11902
5S,1<)4 00
555,206 71
92.505 29
325,319 49
578,676 02
91,979 22
32.),138 59
516,985 98
90,882 30
322,878 88
450,006 08
103,034 31
335,293 87
482,938 53
90,932 09
342,166 18
432,674 45
85,373 38
319,294 35
Credit Balance
•Gross Earn'gs p. mile .
Prop. Working Exp. .
55,080 97
5,454 49
66.39 p. C.
137,381 93
5,7C6 30
61.09 p. c.
161,558 21
6.135 87
62.69 p. c.
103,224 SO
5,621 28
62.26 p. c.
11,67790
5,058 86
63 51 p. c.
49,840 26
4,635 54
57.50 p. c.
28,006 72
4,200 26
58.18 p. c.
BAILROAD MANUAL OF THE UNITED STATES.
493
General Balance, December 31, 1877 :
Road and Equipment ($39,348.99 p.m.). $9,561,780 13
Supplies 47,155 97
R. R. and Steamship Stocks 427,805 S3
Macon and Augusta R. R. Stock 250,802 25
Greenville and Columbia R. R. Co 551,842 82
S. Western R. R. Bank in Liquidation. 55,238 55
Bonds Receivable 23,397 73
Bills Receivable 198,00796
Accounts and Cash 425,520 02
Profit and Loss... 626,239 19
$12,164,790 45
Capital Stock (shares, $100) $5,819,275 00
Sterling Bonds $1,482,666 69
Domestic Bonds 3,449,812 11—4,932,478 80
Bills Payable. 1,005,902 89
Loan Account 721 25
Tickets, Change Notes, etc 33,889 00
Dividends Unpaid 3,499 00
Coupons Unpaid 284,096 12
Accounts 73,984 39
Trustees 10,94400
$12,164,790 45
Statement of funded debt in detail, December 31, 1877 :
Character of Bonds.
Date of
Issue.
Principal
Payable.
Interest.
Amount
Afloat.
Annual
Interest.
Rate.
Payable.
Domestic (n. m.) Bonds (I)..
" (K).
" " " (K)..
1st Mortgage (L)
April 1, 1866.
Jan. 1,1868.
July 1,1877.
Oct. 1,1872.
April 1,1866.
Autr. 1, 1870.
July 1, 1841.
July 2,1866.
Jan. 1, 1868.
April 1,1891.
Jan. 1, 1880
1882.
J.&J.,78,'88.
July 1, 1903.
Oct. 1, 1882.
April 1,1891.
Mar. 1, 1873.
July 1, 1866
1866.
Jan. 1, '8 2, m
Present.
7 p. c.
6
6
7
7
7
7
7
5
5
5
....
April and Oct.
Jan. and July.
U <(
<t (t
April and Oct.
n t«
Feb. and Aug.
Jan. and July.
U »•
$1,054,500 00
5,000 00
58,500 00
1,0:4,500.00
8,000 00
1,206,500 00
60,000 00
312 11
71,333 38
35,555 54
1,375,777 77
2,500 00
$73,815 00
300 00
3,510 00
73,605 00
560 00
84,455 00
420 00
21 85
3.566 66
1,777 77
68,788 88
2d Mortgage (for $3,000,000).
Real Estate Mort. Bonds (1) . .
" " " Special
Sterl.(L.,C.&C.R.R.*) Bonds,
Sterling (S. C. R. R.) Bonds . .
(S C.R.R.)lst M.Bds.
Domestic Bonds, past due.
•
Total of all Bonds Outstanding, December 31, 1876 $4,932,478 80 $310,819 31
Average rate of interest, 6.3 per centum.
* Louisville, Cincinnati and Charleston Railroad ; original name of Columbia Branch.
The 2d mortgage is for $3,000,000, of which only $1,206,500 is in the hands of
individual owners ; the remainder (with several coupons in arrears) is hypothecated
at 50 cents on the dollar as security for the floating debt, now exceeding a million.
Directors (elected April 9, 1878).— Wm. J. Magrath, Wm. L. Trenholm, L. D.
De Saussure, John Hanckel, Andrew Simonds, Geo. W. Williams, Henry Gourdin,
Francis J. Pelzer, Wm. A. Courtenay, R. W. Cubbedge, J. B. E. Sloan and Jas. S.
Gibbes, Charleston, S. C. ; Samuel Sloan and Moses Taylor, New York City ; and J. P.
Southern, Columbia, S. C.
WILLIAM J. MAGRATH, President Charleston, S. C.
Treasurer — James H. Wilson Charleston.
Auditor— L. C. Hendricks
Superintendent— S. S. Solomons "
Engineer — A. De Caraclenc
Ticket Agent— S. B. Pickens
Freight Agent— S. S. Solomons Charleston.
Mauler Mechanic— Vf . B Smith
Master Car Repairs — John Reed
-Road j J. R. Burckhalter Williston.
Masters. \ J. Trumble Kingville .
Purchasing Agent— S. B. Pickens Charleston, S. C.
PRINCIPAL OFFICE AND ADDRESS Charleston, S. C
RAILKOAD MANUAL OF THE UNITED STATES.
SPARTANBURG AND ASHEVILLE RAILROAD. (In Progress.)
Line of Road. — Spartanburg, S. C., to Asheville, N. C 55.0 miles.
In operation. — Spartanburg, S. C., to Tryon, N. C. 26.5 "
Sidings and other tracks, 1.35 mile. Gauge, 5 feet. Rail, 50 Ibs.
Operations, etc. — Not reported.
Financial Statement, December 81, 1877.— Capital stock authorized, $1,000,000 ;
1st mortgage 7 per cent, gold bonds authorized (Trustees: J. G. Cleaveland, Spartan-
burg, S. C., and Wm. H. Innan, New York, N. Y.), $670,000, and county bond-sub-
sidies, $450,000 — total means available, $2,200,000. The bond issue is limited to
$10,000 per mile.
Directors (elected August 12, 1877). — D. R. Duncan, G. Cannon, and John H.
Evins, Spartanburg, S. C. ; Thomas B. Jeter, Unionville, S. C. ; John S. Wiley, Co-
lumbia, S. C. ; George W. Williams, and John S. Fairly, Charleston, S. C. ; R. B.
Vance, and J. P. Sawyer, Asheville, N. C. ; V. Risley, Hendersonville, N. C. ; G. W.
Fletcher, Shuffordville, N. C. ; and Win. H. Innan, New York, N. Y.
D. R. DUNCAN, President Spartanburg, S. C.
R. B. Vance, Vice- President Asheville, N. C.
Sec. and Treas W. K. Blake. | Gen. Svpt James Anderson | Chief Engineer T. Coleman.
PRINCIPAL OFFICE AND ADDRESS Spartanburg, S. C.
SPARTANBURG, UNION AND COLUMBIA RAILEOAD.
I
Line of Road. — Spartanburg, S. C., to Alston, S. C 69 miles.
Sidings and other tracks, 3.45 miles. Gauge, 5 feet. Rail, 50 Ibs.
Rolliiij: Stock, — Locomotive engines, 5. Cars — passenger, 4 ; baggage and
mail, 2 ; freight (box, 12 ; stock, 2 ; and platform, 17), 31 ; total cars, 37.
Operations for year ending October 31, 1875 (latest furnished). — Passengers
carried, 9,733. Gross earnings, $76,575.03; and operating expenses, $72,735.35 ; net
earnings, $3,839.68.
Financial Statement.— Capital stock, $751,296 ; funded debt 1st mortgage 7 per
cent, bonds, due 1878-79, endorsed by State of South Carolina, $350,000; and not
endorsed, $198,370; and floating debt, $125,000 ; total stock, bonds and debt, $1.424,-
666: Cost of road and equipment, $1,340,882. These figures represent the stoc be-
fore sale ; the cost to the present owners was $308,000, the amount for which the road
was sold.
R. Y. McADEN, President Charlotte, S. C.
Sec. and Treas,— F. H. Counts Unionville, S. C. | Supt.— James Anderson Spartanburg, S. C.
PRINCIPAL OFFICE AND ADDRESS Unionville, S. C.
KAILKOAD MANUAL OF THE UNITED STATES.
495
STA/TE OF GEORGIA..
Area, 58,000 square miles. • Population, 1,274,112. Assessed valuation, $245,823,752.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES
Gauge of
Length
of Lines.
Tracks.
Total.
Georgia.
1. Alabama Great Southern [Alabama.
Ft. In.
5:
M.
200.00
M.
26.00
2. Atlanta and Charlotte Air-Line
5:
269.00
101.60
3. Atlanta and West Point
5:
80.74
80.74
4. Atlantic and Gulf
5:
350.18
326.18
5. Augusta and Savannah (C. of G.)
5 :
53.00
53.00
6. Brunswick and Albany,
5:
172.00
172.00
7. Central of Georgia
5 :
294.50
294.50
8. Cherokee
3: 6
23.00
23.00
9. Columbus and Atlanta Air-Line
3:
23.00
23.00
10. East Tennessee, Virginia and Georgia. .[Tenn.
11. Eaton ton Branch (C. of G.)
5:
5:
270.00
22.00
15.50
22.00
12. Georgia
5:
231.00
231.00
13. Georgia Southern. (See. Selma, Rome & Dalton).
14. Macon and Augusta (Ga.)
5:
79.00
79.00
15. 'Macon and Brunswick
5 :
197.00
197.00
16. Memphis Branch
3:
5.00
5.00
17. Milledgeville and Gordon (C. of G.)
5:
17.00
17.00
18. Northeastern
3:
39.00
39.00
19. Ocmulgee and Horse Creek
5:
7.00
7.00
20. Rome
5:
20.00
20.00
21. Saudersville and Tennville (G.)
5:
3.25
3.25
22. Savannah and Charleston [S. C.
5:
106.00
15.50
23. Savannah, Griffin and N. Ala. (C. of G.)
5:
63.00
63.00
24. Savannah, Skidcaway and Seaboard
5:
6.00
6.50
25. Savannah River (A. and G.)
5:
4.75
4.75
26. Seima, Rome and Dalton [Alabama.
5:
237.00
65.70
27. Southwestern (C. of G.)
5:
310.50
310.50
28. Upson County (C. of G.)
5:
16.50
16.50
29. Western and Atlantic
5:
138.00
121.00
Total Length
3,327.42
2,339.22
496 RAILEOAD MANUAL OF THE UNITED STATES.
ATLANTA AND CHAELOTTE AIK-LINE BAIWAY.
Line of Road. — Atlanta, Ga., to Charlotte, N. C 269 miles.
Sidings and other tracks, 13.29 miles. Gauge, 5 feet. Rail, 56 Ibs.
Successor of Atlanta and Richmond Air-Line Railway Co., which was a consoli-
dation of three corporations in Georgia, South Carolina and North Carolina respec-
tively, and chartered by those States. The consolidation dates from 1870. The division
from Atlanta, Ga., to Gainesville, Ga,, was opened December 1, 1871, and the division
from Charlotte, N. C., to Greenville, S. C., April 28, 1873. The gap between Gaines-
ville, Ga., and Greenville, S. C., was filled, and the whole road opened for traffic
September 28, 1873. Soon after completion, the company made default in the inter-
est on its bonds, and the property passed into the hands of a Receiver November 25,
1874. The road, etc., was sold in foreclosure December 5, 1876, and bought in by
the bondholders, who formed themselves into the existing corporation February 27,
1877. The road was delivered to the new organization April 16, 1877.
Rolling1 Stock. — Locomotive engines, 23. Cars — passenger, 13 ; baggage, mail
and express, 12 ; and freight (box, 271 ; and platform, 101 ; stock, etc., 8), £80 — total,
402. Also, 8 service cars, and 1 officers' car.
Operations for eight and one-half mouths ending December 31, 1877. '.Passengers
and freight not reported.
Earnings.
From Passengers $134,527 57
" Freight 246,69649
" Express, Mail, etc.. 35,164 38
$416,388 44
Expenditures.
For Maintenance of Way $141,254 48
" Rolling Stock 108,75468
" Transportation, etc 105,98948
$355,998 64
Balance — net earnings, $60,389.90. Payments : Interest on 1st mortgage pre-
ference bonds, $5,606.56 ; insurance, New York office, etc., $5,235.62— total, $10,-
842.18. Balance, $49,547.62, expended for extraordinary repairs. The earnings for
three months ending March 31, 1878, were $166,117.11 ; operating expenses, $125,-
356.77; net earnings, $34,760.34.
General Balance, December 31, 1877.
Cost of E. R. to Purchasers $5,950,000 00
Construction and Equipment 446,478 89
Operating Accounts...
Extraordinary Repairs.
Cash on Hand..
10,842 18
59,126 24
19,883 88
$6,485,831 19
Statement of funded debt in detail :
Capital Stock $1,700,000 00
Funded Debt, 1st mortg. bonds 4,250,000 00
Net Earnings
Accrued Interest..
prefd bds..
475,000 00
60,389 80
441 39
$6,485,831 19
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal,
When Due.
Amount
Authorized.
Amrt Out-
standing.
1st Mortgage Preference. . .
it kt
May 19, 1877.
t; it
7
7
Ap. and Oct.
Jan. and July.
April 1,1897.
Jan. 1, 1907.
$500,000
4,250,000
$475,000
4,250,000
The preference bonds are to be issued for purchase of equipment and other neces-
sary improvements in the property.
RAILROAD MANUAL OF THE UNITED STATES.
497
Directors (elected March 18, 1878). — Eugene Kelly, Alexander P. Irvin, Abram S.
Hewitt, William H. Fogg, George Warren Smith, P. P. Dickinson, John H. Fisher,
H. C. Hardy, B. R. McAlpine, and H. W. Sibley, New York City.N. Y. ; and Douglas
H. Gordon and Skip with Wilmer, Baltimore, Md.
H. W. SIBLEY, President New York City, N. Y.
Sec. and Treasurer— C. H. Pierce. . .New York City.
Auditor— H. C. Ansley — Atlanta, Ga.
General Ticket Agent — W. J. Houston. " "
General Manager — G. J. Foreacre Atlanta, Ga.
Chief Engineer — Ira Y. Sage " "
Gen. Freight Agt.—H.. M. Cottingham. " "
PRINCIPAL OFFICE AND ADDRESS Atlanta, Ga.
Transfer Office Coal and Iron Exchange, No. 17 Cortlandt St., N. Y. City.
ATLANTA AND WEST POINT KAILROAD.
Line of Road. — East Point, Ga., to West Point, Ga 80.74 miles.
Sidings and other tracks, 4.33 miles. Gauge, 5 feet. Rail (steel, 13 miles), 56 Ibs.
Chartered as Atlanta and La Grange R. R. Co., December, 1847. Opened from
East Point to La Grange, May, 1854, and to West Point September, 1857. The
company use the Central R. R. and Georgia, between East Point and Atlanta, 6.5
miles, making the working line 87.24 miles; rental, $6,000 per annum.
Rolling Stock. — Locomotive engines, 21. Cars — passenger, 5; baggage and ex-
press, 5 ; caboose, 5 ; and freight (box, 113 ; stock, 18 ; platform, 23 ; and coal, 3),
157. Total revenue cars, 172. Also, 2 service cars.
Operations for year ending June 30, 1877. — Trains run, 46,626 miles. Passen-
gers carried, 36,293. Freight moved (including cotton, 99,097 bales), 75,684 tons.
Earnings.
From Passengers $88,101 13
" Freight 193,481 71
" Mail, Express, etc 29,575 98
Expenditures.
For Maintenance of Way $72,325 06
" RollingStock 75,44162
" Transportation, etc 56,442 30
Total ($3,566.69 per mile'* $311,158 82
Balance: Net earnings (35.77 per cent.) $106,949.84.
count, $6,052.68, and dividends (8 per cent.) $98,576.
Abstract of operations for seven years :
Total ($2,340.77 per mile). ... $204,208 98
Payments: Interest ac-
1870-71.
(87.24 m.)
1871-72.
(87.24 m.)
1872-73.
(87.24 m.)
1873-74.
(87.24 m.)
1874-75.
(87.24 m.)
1875-76.
(87.24 m.)
1876-77.
(87.24 m.)
Passengers Carried
61,715
76,090
67,478
$140,300
295,112
18,303
55,589
103,100
39,103
$126,278
265,331
21,499
62,987
86,592
84,171
$142,068
235.208
22,068
54,361
63,485
90,156
$111,857
185,740
26,635
44,728
58,620
67,139
$101,094
167.695
26,9*5
40,811
55,860
61,412
$99,212
160,345
23,942
36,293
75,684
99,097
$88,101
193,482
29,576
Freight Moved
Cotton (incl. in freight),bales.
Passenger Earnings
Freight "
Mail, Express, etc., etc
Gross Revenue
$453,715
355,704
$413,108
333,365
$399,344
299,183
$324,232
254,679
$295,714
193,848
$283,499
183,905
$311,159
204,209
Operating Expenses
Net Revenue
$98,011
101,170
$5,200 77
4,077 30
$79,743
100,917
$4,735 30
3,821 28
$100,161
98,576
$4,577 53
3,429 42
$69,553
49,288
$3,716 55
2,919 29
$101.966
86,254
$3,249 64
2,108 03
$99,594
49,288
$3,249 64
2,108 03
$106,950
98,576
$3,566 69
2,340 77
Dividends, on Stock .........
Gross Earnings per Mile
Oper. Expenses "
Net Earnings per Mile
$1,123 47
78.28 p. c.
$914 02
86.98 p. c.
$1,148 11
74.92 p. c.
$797 26
78.55 p. c.
$1,141 61
64.87 p. c.
$1,141 61
64.89 p. c.
$1,225 92
64.23 p. c.
Expenses to Earnings
408
RAILROAD MANUAL OF THE UNITED STATES.
General Balance, June 30, 1877.
Road, Outfit and Real Estate $1,194,061 22
Stocks and Bonds. .
13,98524
Road Expenses, 1876-77 204,208 98
Interest and Dividends, 1876-77 104,628 68
Bills Receivable, etc 169,327 81
Cash, June 30, 1877 43,89631
Capital Stock.... $1,232,200 00
Debenture Bonds 83.000 00
Earnings, 1876-77 301,158 82
1,975 00
3,489 05
98,285 37
Dividends Unpaid
Agents and Connecting Roads
Profit and Loss. ..
$1,730,108 24 $1,730,108 24
The debenture bonds are 8 per cent., dated July 1, 1853, and due July 1, 1878.
Abstract of general balances yearly (June 30) for seven years :
1871.
1872.
1873.
1874.
1875.
1876.
1877.
$
1.232,200
27,000
3,672
95,287
$
1,232,200
27,000
80,948
77,787
$
1,232,200
102,500
9,870
68,446
$
1,232,200
83,000
6,335
68,446
$
1,232,200
83,000
8,880
81,123
1,232,200
83,000
8,6(2
98,285
$
1,232,200
83,000
5,464
98,285
Funded Deb r . .
Current Accounts
Profit and Loss
Total Liabilities -
1,358,159
1,200,129
1,417,935
1,200,064
1,413,016
1,197,214
3,234
171,047
41,521
1,389,981
1,197,034
4,13-2
182,306
6,509
1,405,203
1,196,309
1,422,147
1,194,914
13,985
176,148
37,100
1,418,949
1,194,061
13,985
167,007
43,896
Road, Outfit, etc
Assets Stocks and Bonds
Current Accounts
'133,453
14,577
191,567
25,304
168,608
40,286
Cash
Total Property and Assets
1,358,159
1,417,935
1,413,016
1,389,981
1,405,21)3
1,422,147
1,418,949
Directors (elected July 25, 1877).— John P. King, Augusta, Ga. ; B. C. Yancey
and Ferdinand Phinizy, Athens, Ga. ; W. B. Berry and John S. Bigby, Newnan, Ga. ;
John F. Moreland, La Grange, Ga. ; and Lodowick M. Hill, Washington, Ga.
JOHN P. KING, President Augusta, Ga.
Secretary and Treasurer William P. Orme.
General Superintendent. . -. L. P. Grant.
Road Master William Nims.
General Ticket Agent S. P. Grant, Jr.
Muster Machinist William Ruthton.
Master Car Repairs R. D. Cole.
PRINCIPAL OFFICE AND ADDRESS Atlanta, Ga.
ATLANTIC AND GULF KAILEOAD.
Line of Road. — Savannah, Ga., to Bainbridge, Ga 237.00 miles.
Florida Branch : Dupont, Ga., to Live Oak, Fla 48 78 "
Albany Branch : Thomasville, Ga., to East Albany, Ga 58.25 "
Extension to wharves at Savannah (June, 1871) 2.00 "
Junction Branch to Savannah and Charleston R. R. (Dec., 1875), 1.14 "
Total length of line owned and operated 350. 18 miles.
Sidings and other tracks, 17.95 miles. Gauge, 5 feet. Rail, 52 to 56 Ibs.
KAILROAD MANUAL OF THE UNITED STATES.
499
The Savannah, Albany and Gulf, chartered December 25, 1847, built in 1854-58
to a distance of 69 miles out from Savannah. The Atlantic and Gulf, chartered in
December, 1856, extended the road and completed it to Thomasville in 1861, and to
Bainbridge in 1867. The two companies were consolidated in 1865. The Florida
Branch was built in 1867-68. The Albany Branch was originally the South Georgia
and Florida, which was purchased in 1869, being then open to Pelham, 24 miles, and
was extended to East Albany in 1870. The extension to the Savannah wharves was
made in 1871, and the Junction Branch constructed in 1875. Default was made on
the consolidated bond coupons, due January 1, 1877, and two Receivers were ap-
pointed in March following. Interest is still paid on the 1st mortgage sectional
bond?. All further information refused.
Rolling* Stock (December 31, 1876). — Locomotive engines, 26. Revenue cars —
passenger, 19 ; baggage, mail and express, 8 ; and freight — box, 218 ; stock, 11, and
platform, 123 — total, 379. Service cars — officers', 2 ; pile-driving and wrecking, 3 ;
crank, 10 ; and pole or push, 71.
Operations for year ending December 31, 1876. — Engine service, 651,387 miles.
Passengers carried, 86,913. Freight moved, inter alia: cotton, 103,339 bales, and
lumber, 30,794 M. feet. Gross earnings — passenger, $196,360.01 ; freight, $665,-
274.99 ; U. S. mail, $32,935.90; and miscellaneous receipts, $64,807.04— total, $959,-
377.94. Operating expenses, $606,464.65. Net earnings, $352,913.29. Interest on
bonds, $127,150; interest on guarantee stock, $2,533.17 ; and general interest, $27,-
481.35 — total interest, $157,164 .52. Balance not accounted for, $195,748.77. Bills
payable were reduced from $184,978.82 to $126,268.35.
Financial Statement, December 31, 1876. — Capital stock, $3,693,700 ; 7 per cent,
guarantee stock, $782.976.69; funded debt, $3,566,500 ; bills payable, $126,26835;
traffic earnings (1876), $959,377.94 ; current accounts, $245,492.57— total, $9,374,315.59.
Per contra : Road and outfit, $7,863,086.07 ; materials and supplies, $18,829.83 ; traffic
expenses, $638,754,65 ; extraordinary expenses, $7,767.41 ; interest, $157,164.52 ; cash
and cash assets, $209,606.97, and profit and loss, $479,106.10— total, $9,374,315.55.
Statement of funded debt in further detail
Classes of Securities.
Date of
Issue.
Rate.
Interest
Payable.
Date of
Redemp-
tion.
Amount
Outstand-
ing.
Annual
Interest.
Consol. 1st Mortgage (t. f .)
July 1, 1867.
July 1, 1859.
May 1, 1868.
May 1, 1869.
7p.c.
7
7
7
7
8
10
Jan. and July.
May and Nov.
July 1, 1897.
July 1, 1879.
May 1, 1888.
May 1, 1889.
$2,000,000
300,000
464,000
200,000
52,5' 0
50,000
500,000
$140,000
21,000
32,480
14,000
3,675
4.000
50,000
1st Mortgage (S., A. and G.)*
1st (S. Ga. and Fla.) ...
2d (S. Ga. and Fla.) ....
Free (Bainbridge Exten.) Bonds..
Junction Br. R. R. let Mor. (s. f .) .
Coupon Notes
Nov. 1, 1875
Jan. 1, 1872.
May and Nov.
Jan. and July.
Nov. 1, 1881.
Jan. 1, 1882.
* Endorsed by City of Savannah.
Included in amount of consolidated mortgage bonds are $334,000 sectional bonds,
due 1881, 1885 and 1887, for payment of which a like amount of consolidated bonds
is reserved.
Directors (elected February 8, 1877). — John Screven, William Duncan, C. E.
Groover, Alfred Hay wood, Julian Hartridge, D. G. Purse, Henry Lathrop and Edward
500 EAILEOAD MANUAL OF THE UNITED STATES.
Lovell, Savannah, Ga. ; A. T. Mclntyre, W. J. Young and R. H. Hardaway, Thornas-
ville, Ga. ; and C. G. Munnerlyn and W. O. Fleming, Bainbridge, Ga.
JOHN SCREVEN, President and Receiver Savannah, Ga.
Samuel A. Strang, Receiver New York, N. Y.
Gen. Superintendent H. S. Haines.
Master Transportation J. S. Tyson.
Cashier George Allen.
Accountant ..William P. Hardie.
Gen. freight and Pass. Agent.. .James L. Taylor.
Asst. Gen. freight and Pass. Agt G. S. Hames.
Passenger Agent J. H. Griffin.
Gen. Agent (315 Broadway, N. Y.). . .C. D. Owens.
PRINCIPAL OFFICE AND ADDRESS Savannah, Ga.
Fiscal Agency : Perkins, Livingston & Post, No. 23 Nassau St., New York City.
BEUNSWICK AND ALBANY EAILKOAD.
Line of Road. — Brunswick, Ga., to Albany, Ga 172 miles.
Sidings and other tracks, 8.6 miles. Gauge, 5 feet. Rail, 50 Ibs.
Reorganization of the late Brunswick and Florida R. R. Co. All information of
operations and financial condition have been refused since 1871. Default was made
April 1, 1872, and the road passed into the hands of a Receiver.
Rolling Stock. — Locomotive engines, 13. Revenue cars — passenger, 12; bag-
gage, mail and express, 6 ; and freight (box, 60 ; and platform, 82) — total, 160. Road
and service cars, 10.
Operations. — None reported.
Financial Statement, December 31, 1871. — Funded debt, 1st mortgage 6 per
cent, gold bonds, endorsed by State of Georgia, and tax free, dated October 1, 1868,
and payable April 1, 1908, $3,630,000; and 2d mortgage 7 per cent, sinking fund gold
bonds, dated October 1, 1868, and payable April 1, 1893, $2,350,000. Total bond
debt, $5,980,000.
All later information refused.
J. DE NEUFVILLE, President and Treasurer Brunswick, Ga.
Secretary C. de Neufville. | Supt. and Chief Engineer Chas. L. Schlatter.
PEINCIPAL OFFICE AND ADDKESS Brunswick, Ga.
CENTRAL RAILROAD (AND BANK) OF GEORGIA.
Line of Road. — Savannah, Ga., to Atlanta, Ga 294.5 miles.
Branch Line : Gordon, Ga., to Milledgeville, Ga ; 17.0 "
Total length of railroad owned by company 311.5 miles.
Sidings and other tracks, 26 miles. Gauge, 5 ft. Rail (steel, 37 m.), 56 and GO Ibs.
Consolidation December 1, 1872, of the Central Railroad (192 miles); chartered
in 1835 and completed in 1843, and the Macon and Western Railroad (102.5 miles) ;
chartered in 1833 and completed in 1746. The branch, originally the Milledgeville
and Gordon R. R. was chartered in 1837 and completed in 1852. The company
own large interests in several connecting lines, and in the Ocean Steamship Line of
Savannah.
The following railroads are operated by the company under lease and in con-
nection with their own lines:
RAILROAD MANUAL OF THE UNITED STATES.
501
Augusta and Savannah 58.0 miles.
Eaton ton Branch. . . .22.0 "
Southwestern. 310.5 miles.
Upson County 16.5 "
The system constituted of the lines named is operated in divisions, as follows:
(1) the Savannah Division, embracing the main line from Savannah to Macon and
the leased lines to Eatonton and Augusta, in all 284 miles ; (2) the Atlanta Diviston,
embracing the main line from Macon to Atlanta and the Upson County Railroad, in
all 119 miles ; and (3) the Southwestern Division, embracing the Southwestern Hail-
road and branches, in all 310.5 miles. Total of all lines, 713.5 miles.
The company own jointly with the Georgia R. R. Co. the Western R. R. of
Alabama, operated on joint account. The Vicksburg and Brunswick R. R. is oper-
ated under contract in connection with the Southwestern Division.
Rolling Stock. — Locomotive engines, 115. Cars — passenger, 90 ; baggage, mail
and express, 32 ; freight (box, 973 ; platform, 36G ; stock, 47 ; coal, 21 ; and conduc-
tors', 37), 1,444; other, 14 — total, 1,580. Also freight cars in the Green Line, 111.
Total of all cars owned, 1,691.
Operations for year ending August 31, 1877. — Gross earnings, $2,409,092.21-
and operating expenses, $1,582,166.86 ; net earnings, $826,925.35
Miles.
Earnings.
Expenses.
Profit.
Loss.
Savannah Division
284.0
$1,219,475 95
$821 255 06
$398 220 89
Atlanta Division
102.5
497,883 55
294,424 91
203,458 64
Upson County Railroad
16.5
68-3,935 45
458 257 24
225 678 21
Southwestern Railroad
310.5
7,797 26
8,229 65
$432,39
Total of Railroads
713.5
$2,409,092 21
$1 582 166 86
$826 925 35
Central R. Bank
30 761 35
16 198 25
14 563 10
.
Total Railroads and Bank
$2,439,853 56
$1 598 365 11
$841 488 45
Abstract of earnings, expenses, etc., for seven years :
1870-71.
(541.5 m.)
1871-72.
(660.50m.)
1872-73.
(709 m.)
1873-74.*
(709 m.)
1874-75.
(709 m.)
1875-76.
(713.5 m.)
1876-77.
(713.5 m.)
Earnings
$
2,934,943
1.8u3,385
$
3,258,956
2,116,442
$
3,437,420
2,282,158
$
2,064,629
1,507,476
$
2,886,537
1,686,705
$
2,601,542
1,618,001
$
2,409,092
1,582,167
Expenses
Net Earnings
1,131,558
5,42002
3,330 37
1,142,514
4.934 07
3,20430
1,155,262
4,84826
3,218 84
557,153
2,912 03
2,126 20
1,199,832
4,071 28
2,378 99
983,541
3,646 17
2,266 70
826,925
3,376 44
2,217 47
Gross Earnings per Mile
Operating Expenses per Mile
Net Earnings per Mile ....
Expenses to Earnings
Payments :
Lease Rentals
2,089 65
61.44 p. c.
262,548
55,857
500,000
1,729 77
64.74 p. c.
568,456
47.492
500,000
1.629 42
66.39 p. C.
397,908
149,187
675,000
78583
73,01 p. c.
419,531
179,492
300,000
1,692 29
58.43 p. C.
588,698
252,129
1,378 47
62.19 p. C.
439,586
285,444
1,158 97
65.67 p. c.
439,596
255,412
Dividends
Total Payments
818,399
17,408
73,000
172,140
1,115,948
f4,000
73,000
356,456
125,000
1,222,095
14,000
73.000
1&5,90S
125,000
899,023
14,000
73,000
332,531
840,827
14,000
73,000
501,698
725,030
14,000
73,000
352,586
695,008
14,000
73,000
352,596
Rentals Paid :
Eatonton Branch
Aufjuhta nnrl Savannah
Southwestern
Macon and Western
Total Lease Rentals
262,548
568,456
397,908
419,531
588,698
439,586
439,596
* Nine months ; close of year changed from November 30 to August 31.
502
KATLROAD MANUAL OF THE UNITED STATES.
SAVANNAH DIVISION, 284 miles. Rolling Stock. — Locomotive engines, 59,
Cars — passenger, 46 ; baggage, mail and express, 20 ; and freight (box, 601 ; stock,
25 ; platform, 201 ; and other, 45), 872 — total used on Division, 938.
Operations for year ending August 31, 1877. — Trains run — passenger, 280,867 ;
and freight, etc., 576,362— total, 885,239 miles. Passengers carried, 81,010. Gross
earnings— passenger, $172,586.55; freight, $985,261.58; mails, $19,177.73, and River
Road, $42,450.09— total, $1,219,475.95. Operating expenses, $821,255.06. Net earn-
ings, $398,220.89.
Abstract of operations, etc., for seven years :
1870-71.
1871-72.
1872-73.
1873-74.*
1874-75.
1875-76.
1876-77.
Train Miles
1,071,831
1,046,662
1,162,671
787,818
945.950
1,009,741
885,239
Gross Earnings
$
' 1,855,487
$
1,656,154
$
1,780 116
$
1,102,726
$
1 552,120
$
1 384 891
$
1,219 476
Expenses
1,127,202
966,846
1,097,110
689,659
825,953
801,814
821,255
Net Earnings
728,285
689,308
682,406
413,067
726,167
583,077
398,221
Gro?s Earnings per Mile
Expenses ....
6,533 41
3,969 02
5,831 52
3 404 39
6,268 02
3865 18
8,88* 84
2,780 49
5,465 21
2,908 28
4,876 38
2 823 29
4,293 93
2 891 75
Net Earnings per Mile
2,564 39
2,427' 13
2,402 84
1,102 35
2,556 93
2,053 09
1,402 18
Expenses to Earnings
60.75 p. c.
?8.38 p. c.
61 66 p. c.
71.61 p. c.
53.21 p. c.
57.92 p c.
67.34 p. c.
* Nine months only ; close of year changed from November 30 to August 31.
ATLANTA DIVISION— 119 miles.— Rolling- Stock. — Locomotive engines, 20. Cars
— passenger, 16; baggage, mail anji express, 3; and freight (box, 135; platform, 36 ;
stock, 15 ; coal, 7 ; conductors', 6 ; and other, 2)— 201. Total, 220.
Operations for year ending August 30, 1877. — Gross earnings — passpnger, $144,-
186.62; freight, $343,473.42; mails, $10,223.51 ; and U. Co. R. R., $7,797.26— total,
$505,680.31. Operating expenses, $302,654.56. Net earnings, $203,026.25.
Abstract of operations, etc., for seven years :
1870-71.
1871-72.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
Gross Earnings
$
674,921
$
706,647
1
761,336
I
455,281
$
563 691
$
568 595
$
505 681
Operating Expenses
408,072
451,116
559900
378 319
356 623
337502
302 655
Net Earnings
266,849
255,531
201 436
76,962
207068
231 093
203 026
Gross Earnings per Mile. ...
Operating Expenses p. Mile..
5.671 61
3,429 18
5,938 21
3,790 89
6,397 78
4,705 04
3,825 89
3,179 15
4,736 81
2,936 82
4,778 11
2,836 15
4,249 42
2,543 32
Net Earnings per Mile
2,242 43
2,147 32
1,692 74
646 74
1 739 9P
1 941 96
1 706 10
Expenses to Earnings
60.46 p. c.
63.91 p. c.
73.54 p. c.
83.09 p. C.
63.27 p. c.
59.36 p. c.
59.85 p. c.
The earnings and expenses of the Upson County R. R. are included in the above.
SOUTHWESTERN DIVISION — 310.5 miles. — Boiling Stock. — Locomotive engines,
Cars — passenger, 28 ; baggage, mail and express, 9 ; freight (box, 237 ; platform, 129 ;
stock, 7 ; conductors', 10 ; other, 2) — 385. Total revenue cars, 422.
Operations for year ended August 31, 1877. — Trains run — passenger, 177,390;
freight, etc., 253,100 — total, 430,490 miles. Gross earnings — passenger, $151, 686.08 ;
freight, 512,395.73 ; and mail, $19,853.34— total, $683,935.45. Operating expenses,
$458,257.24. Net earnings, $'325,678.21. Lease rental, $352,596.50. Loss to lessees,
$126,918.29.
RAILROAD MANUAL OF THE UNITED STATES.
Abstract of operations, etc., for seven years :
503
1870-71.
1871-72.
1872-73.
1873-74.*
1874-75.
1875-76.
1876-77.
Gross Earnings
1,079 455
$
896,156
ft
895,968
$
5%,621
$
770726
S
648 056
$
683 935
Operating Expenses
676,182
698,480
624,548
439,498
504.129
478,685
458257
Net Earnings .
403,273
197,676
271,420
67,123
266,597
169,371
225 678
Lease Rental
112,140
356,456
185,908
332,531
501,698
352,586
352,596
Loss to Lessees
158,780
265,408
245 101
183,215
126 918
Gain to Lessees
231,133
85,512
Gross Earnings per Mile
Expenses per Mile.
4,192 06
2,625 95
3.480 21
2,712 54
2,928 00
2,(U1 01
1,655 62
1,436 27
2,518 71
1 647 48
2,087 14
1,541 66
2,202 69
1 475 87
Net Earnings per Mile
1,566 11
767 67
886 99
219 35
871 23
545 48
726 82
Expenses to Earnings
62.64 p. c.
77.94 p. c.
69.71 p. c.
86.75 p. c.
65.41 p. c.
73.86 p. c.
67.00 p. c.
* Nine months ; close of fiscal year changed from November 30 to August 31.
General Balance,
Railroad and Appurtenances $7,500.0nO 00
Real Estate 152,718 47
R. Rs. and Steamboats 746,005 82
Stocks and Bonds 2,632,213 90
Accounts, Cash, etc 492,51413
Expenditures (Roads and Bank) 1.598,365 11
Rentals of Lease Lines 439,596 50
Interest on Bonds 255,41250
Profit and Loss 601,22233
August 31, 1877.
Capital Stock ($24,077.04 per mile) .... $7,500,000 00
Deposite, etc. (Bank) 519,377 90
Funded Debt ($11,611.56 per mile) .. 3,617,000 00
Accounts, Notes, etc 32,457 76
Unclaimed Dividends 46,843 26
Steamships and Boats 257,875 25
Sundry Accounts 4,640 43
Earnings of Railroads 2,397,403 47
Earnings of River Road 42,450 09
$14,418,048 16
Abstract of general account for seven years :
$14,418,048 16
1871.
1872.
1873
1874.*
1875.
1876.
1877.
Railroad Miles
209.0
209.0
311.5
311.5
311.5
311.5
311.5
Locomotive Engines
108
96
94
94
93
112
115
Passenger Cars
82
84
84
86
93
90
Baggage etc Cars
33
32
39
46
44
33
32
Freight Cars
1,481
1,498
1,495
1,608
1,679
1,611
1,579
Capital Stock
5,000,000
S
5,000000
$
7,500,000
$
7,500,000
$
7,500,000
$
7.500,000
S
7.500,000
Funded Debt
789,000
1,389,000
3,116,0! K)
3,731 ,000
3,872,000
3,339,000
3,617,000
246,600
286,600
286,600
640,457
1,( 164.460
521,391
Ocean S S Company
15,588
91,352
214,647
Other Accounts.
54,329
95,064
93,510
109,663
61.096
106,375
125,156
Earnings of Road, etc
2,934,943
3,258,956
3,437,420
2,064,629
2,946,717
2,657,097
2,439,854
Profit and Loss.
92 694
402 335
112 208
145,850
Total Liabilities
8,870,966
10,391,955
14,545.738
13,696,892
15,179,708
14,758,284
14,418,048
Railroad etc
5,000,000
5,000,000
7,500,000
7,500,000
7,500,000
7,500,000
7,500,000
Real Estate
289.822
324.806
383,984
383,984
317,723
153,718
152,718
Road* and Steamboats
56,964
5,718,691
755,700
784,442
156,964
7^1,129
746,006
Stocks and Bonds
594,760
584,960
764,460
771,960
3,124,379
2,536.693
2,632,213
Notes, Accounts and Cash...
Expenditures of Road, etc..
Lease Rentals
807,636
1,803,385
262,548
1,031,108
2,116,442
568.456
1.905,341
2,689,158
397.908
2,001,571
1,507.476
419,531
1,531,558
1,708,257
588,698
573,034
1,635,131
439,586
492,518
1,598,365
439,596
55,851
47,492
149,187
179,493
252,129
285,444
255,413
Profit and Loss
143,435
893,549
601,222
Total Resources
8,870,966
10.391,955
14,545,738
13,691,893
15,179,708
14,758,284
14,418,048
* Nine months; close of year changed from November 30 to August 31.
504
The Ocean Steamship Company was chartered by the Georgia Legislature August
22, 1872, and succeeded the Central R. R. Co. in the ownership of the steamships
running between Savannah and New York. The Central R. R. Co. own 7,950 of the
8,000 shares of the capital stock of the Steamship Campany.
The stocks and bonds of other companies, held by the Central Railroad and
Banking Company are described as follows :
Ocean S. S. Co. of Savannah. . .7,950 shrs. $795,000
Southwestern R. R. Co .......... 7,885
Vicksburg & Br'swick R. R. Co. 4,440
Sav. Griffin & N. Ala. R.R. Co. 1,555
Mobile & Girard R. R. Co ...... 4;361
Upson County R. R ........... 1,517
Eaton Branch R. R. Co ........ 397
Atlantic & Gulf R. R. Co ...... 851
Sthn. & Atl. Telegraph Co ..... 100
Mech. & Agr. Associ'n of Ga.. . 2
776,270
4,400
1,555
4,445
1,517
36,520
851
1,700
500
City of Macon bonds $165,000 $140,190
Western R. R. of Ala. bonds 19,000 17,105
Western R. R. of Ala. coupons 126,160
Sav. Griffin & N. Ala. bonds 325,000 162,500
Mob. & Gerard R. R. 4 p. c. bonds 800,000 560,000
City of Columbus bonds 5,000 3,500
Total bonds at valuation 1,009,455
Total stocks at valuation 1,622,758
Total bonds and stocks at valuation 2,632,213
Statement of funded debt in detail :
Classes of Bonds.
Date of
Issue.
Rate.
Interest
Payable.
Principal
Payable.
Amount
Authorized.
Amount
Outstanding.
Annual
Charge.
General Mortgage
Jan. 1, 1873
7 p. c.
J. & J.
Jan: 1, 1893
$3 50C 000
$3,499,000
$244,930
Coupon Bonds (pst. due)
Macon & W. R.R. bonds
Mar. 1, 1865
Oct. 1, 1869
7 "
7 "
M. & S.
A. &O.
Mar. 1, 1875
Oct. 1, 1880
i,oon,ooo
150,000
1,000
117,000
70
0,190
Total amount of bonds and annual charge thereon ... $3,617,000 $253,190
Besides their bonded debt proper, the company are also liable, under lease or
other guarantee, for bonds and interest thereon, as follows :
Southern R. R. bonds, due in 1877, 1878, 1879, 1880, 1881, and 1882, $294,000 ;
Montgomery and West Point R. R. bonds, due in 1878, 1881, and 1888 (half), $397,-
500 ; Western R. R. of Alabama 1st mortgage bonds, due in 1888 (half), $300,000 ;
ditto, 2d mortgage bonds, due in 1890 (half), $579,000 ; Mobile and Girard R. R. bonds,
due in 1889, $300,000.
Bonds already taken up, Southwestern, $223,500, and Mobile and Girard, $269,-
500. The coupons, as they accrued, have been regularly paid and charged against the
several companies.
Directors (elected January 7, 1878).— Andrew Low, E. C. Anderson, G. M. Sorrel,
George Cornwell, W. W. Gordon, and J. Rauers, Savannah, Ga. ; W. B. Johnston,
and J. J. Gresham, Macon, Ga.; Clinton I. Brown, Atlanta, Ga. ; H. H. Epping, Col-
umbus, Ga. ; and Moses Taylor and W. R. Garrison, New York, N. Y.
WILLIAM M. WADLEY, President Savannah, Ga.
General Superintendent William Rogers.
Road Matter . . W. G. Ravul.
Master Machinist D. D. Arden.
Master Car-Builder C. C. Millar.
Auditor F. H. Thompson.
Book-keeper Edward Mclntyre.
Forwarding Agent B. J. Cubbedge.
Treasurer R. E. Mims.
Paymaster W. O. Charlton.
Purchasing Agent Henry Yonge.
PRINCIPAL OFFICE AND ADDRESS Savannah, Ga.
New York Agency National City Bank.
EAILBOAD MANUAL OF THE UNITED STATES. 505
AUGUSTA AND SAVANNAH KAILBOAD.
Line of Road. — Millen, Ga., to Augusta, Ga 53 miles.
Sidings and other tracks, 5.65 miles. Gauge, 5 feet. Rail, 50 and 56 Ibs.
Chartered in 1838, and opened in 1854. Its original title was Burke County
R. R., leased in 1853 to the Central R. R. Co. of Georgia.
Operations, etc. — Included in lessees' returns. Rental, $73,000 per annum.
Financial Statement. — Capital stock, $733,700. Nominal cost of road, $1,032,-
200. Funded debt, 7 per cent, bonds, $298,500 paid off, and the value of the stock
increased from 7 to 10 per cent.
WILLIAM DUNCAN, President Augusta, Ga.
PRINCIPAL OFFICE AND ADDRESS Augusta, Ga.
EATONTON BEANCH EAILKOAD.
Line of Road. — Milledgeville, Ga., to Eatonton, Ga 22 miles.
Sidings and other tracks, 1.9 mile. Gauge, 5 feet. Rail, 50 Ibs.
Chartered February 15, 1850, opened in 1853, and leased to the Central R. R. Co.
of Georgia.
Operations, etc. — Included in lessees' returns. Rental, $14,000.
Financial Statement. — Capital stock, $167,900, which represents the cost of the
road. Nominal cost, $250,000. The bonded debt has been paid off. The lessees own
397 shares of the stock.
President E. Harvey. | Secretary and Treasurer T. G. Lawson.
PRINCIPAL OFFICE AND ADDRESS Eatonton, Ga.
SOUTHWESTEKN KAILBOAD.
Line'of Road. — Macon, Ga., to Eufaula, Ga 144 miles.
Branches, named below 166.5 "
Total length of all lines owned and leased 310.5 miles.
Sidings and other tracks, 21.5 miles. Gauge, 5 feet. Rail, 50 and 56 Ibs.
Consolidation November 1, 1868, of the Southwestern R. R. Co., chartered
December 15, 1845, and the Muscogee R. R. Co. chartered January 1'2, 1851. The
Branches are from Fort Valley to Columbus, 72 miles; Stnithville to Albany, 23.5
miles ; Cuthbert to Fort Gaines, 20 miles ; Fort Valley to Perry, 13.5 miles, and Albany
to Arlington, 35.5 miles. Leased August 1, 1869, to the Central R. R. Co. of Georgia,
the lessees assuming all liabilities and agreeing to pay dividends of 7 per cent., or if
the Central paid 10 per cent, then 8 per cent. This lease provides for the ultimate
consolidation of the two companies.
Rolling1 Stock. — None owned. Furnished by lessees.
506 RAILROAD MANUAL OF THE UNITED STATES.
Operations for year ending August 31,1877. — Included in lessees' returns. Gross
earnings, $083,935.45, and operating expenses, $458,257.24 ; net earnings, $225,678,-
21. Lease rental, $352,596.50. Dividends, June and December, each 3^ per cent.
The rental also includes interest on bonds, etc.
Financial Statement (at date of lease). — Capital stock, $4,211,600 ; and funded
debt, Southwestern 7 per cent, bonds, due 1872 to 1882, $391,000, and Muscogee 1st
mortgage 7 per cent, bonds, due 1872 to 1876, $300,000. Total stock an3 bonds (rep-
resenting cost of road), $4,902,600. The lessees own 7,885 shares of the capital stock.
WILLIAM S. HOLT, President Macon, Ga.
Secretary and Treasurer John F. Boisfeuillet. | Superintendent W. G. Raoul.
PRINCIPAL OFFICE AND ADDRESS Macon, Ga.
UPSON COUNTY EAILKOAD.
Line of Road. — Barnesville, Ga., to Thomaston, Ga 16.5 miles.
Siding.s and other tracks, 0.2 mile. Gauge, 5 feet. Rail, 40 Ibs.
Constructed by Barnesville and Thomaston R. R. Co. in 1856. Rebuilt in 1870,
and leased at a nominal rental to the Central R. R. Co. of Georgia.
Operations for year ending August 31, 1877. — Included in lessees' returns.
Gross earnings, $7,797.26; and operating expenses, $8,229.65 ; loss to lessees, $432.39.
Rental, $50 per annum.
Financial Statement. — Capital stock, $200,000, which represents the cost of the
road. The Central R. R. Co. own 1,517 shares, or three-fourths of the stock.
E. A. FLEWELLIN, President Macon, Ga.
Secretary and Treasurer G. A. Weaver. | Superintendent William Rogers.
PRINCIPAL OFFICE AND ADDRESS Macon, Ga.
CHEROKEE RAILROAD.
Line of Road. — Cartersville, Ga., to Rockmart, Ga ................... 23 miles.
Sidings and other tracks, 1.15 miles. Gauge, 3 feet 6 inches. Rail, 30 Ibs.
Formerly the Cartersville and Van Wert Railroad. It is in the hands of a Receiver,
and advertized to be sold May 7, 1858. The charter covers a line from Cartersville,
on the Western and Atlantic, to Pryor on the Selma, Rome and Dalton Railroad.
Rolling1 Stock. — Locomotive engine, 1. Revenue cars — passenger, 1 ; baggage,
1 ; and freight (box, 5; platform, 8) — total, 15.
Operations. — All information refused.
RAILROAD MANUAL OF THE UNITED STATES. 507
Financial Statement.— Capital stock, $12,500 per mile. Funded debt, $12,500
per mile. The funded debt consists of 1st mortgage 7 per cent. 20-year bonds dated
June 1, 1871, and endorsed by the State of Georgia.
D. S. PRINTUP, Receiver, appointed by State Rome, Ga.
D. W. K. Peacock, General Agent Cartersville, Ga.
PRINCIPAL OFFICE AND ADDRESS Cartersville, Ga.
COLUMBUS AND ATLANTA AIR-LINE E. E.
Line of Road.— Columbus, Ga., to Hamilton, Ga 23 miles.
Sidings and other tracks, 1 mile. Gauge, 3 feet. Rail, 30 Ibs.
Rolling- Stock. — Locomotive engines, 2. Passenger cars, 2 ; baggage, mail and
express cars, 4 ; and freight cars, 16 — total, 22.
The road was chartered as the North and South Georgia R. R. Co. to extend from
Columbus to Rome, 135 miles, of which 23 miles have been constructed, and 40 ad-
ditional miles graded. Sold in default by order of the State September 11, 1877, and
since transferred to the present company, who contemplate opening it to Chepley,
15 miles, during the current year. All other information refused.
THOMAS E. BLANCHARD, President Columbus, Ga.
PRINCIPAL OFFICE AND ADDRESS. . , .Columbus, Ga.
GEOEGIA EAILEOAD (AND BANKING COMPANY).
Line of Road. — Augusta, Ga., to Atlanta, Ga 171 miles.
Branches, named below 60
Total length of lines owned and operated , 231 miles.
Sidings and other tracks, 26 miles. Gauge 5 feet. Rail (steel, 6.12 m.), 56 Ibs.
Chartered, December 21, 1833. Road opened in 1837 to Thompson, 40 miles ;
in 1839 to Greensboro' 84 miles; in 1849 to Madison, 104 miles; in 1843 to Stone
Mountain, 156 miles : and in 1845 to Atlanta, 171 miles. Branches : Camak to War-
renton, 4 miles, opened in 1839 ; Union Point to Athens, 39 miles, in 1844, and Barnet
to Washington, 17 miles, in 1853. The Western Railroad of Alabama is owned by
this company, jointly with the Central R. R. Co. of Ga. The Macon and Augusta and
the Port Royal R. Rs. have a part of their bonds guaranteed by the Georgia R. R. Co.
The Company are now relaying their main line with steel rail.
Rolling1 Stock. — Locomotive engines, 49. Cars — Passenger, 30 ; baggage, mail
and express, 15; freight (box, 525 ; caboose, 26 ; platform, 114; stock, 34; and coal,
61), 760. — total revenue cars, 805. Also, 26 service cars.
Operations for year ending March 31, 1877. — Trains run, 1,162,300 miles. Pas-
sengers, no report. Freight moved — cotton, 272,602 bales ; grain, 1,667,529 bushels ;
flour, 149,460 barrels ; guano, 75,415,168 pounds, etc.
508
RAILROAD MANUAL OF THE UNITED STATES.
Earnings.
From Passengers $194,280 76
" Freight 919,64188
" Mail, etc 29,20560
Total ($4,948.60 per mille) $1,143,128 24
Expenditures.
For Maintenance of Way $173,074 4
" Rolling Stock 276,00891
" Transportation, etc 194,026 55
Total ($2,784.02 per mile) $643,110 30
Balance— net earnings (43.74 per cent.), $500,017.94.
Income Account.— Receipts : Income of road, $1,202,312.29 ; dividend on stocks,
$54,436.25, and interest, $3,650.02 $1,260,398 56
Payments: Road expenses, $739,910.63 ; interest on bonds, $37,-
520.00 ; incidental expenses and salaries, $9,241.40 ; taxes, $3,069.27,
and attorneys' fees and costs, $1,828.20 791,569 50
Net revenue, after expenses of all kinds and bond interest .$468,829 06
From this balance dividends of 7 per cent., amounting together to $294,000 were
paid.
Abstract of operations for seven years :
1870-11.
1871-72.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
Train Mileage
910,753
971,050
1,103,551
1,140,035
1,140,269
1,083,446
1,162.300
Cotton, bales
170,267
162,470
294300
273,293
219,533
206,255
272,602
Grain, bushels
553,069
887,531
1,897,640
1,107,382
1,851,733
1,366,897
1,667,526
Flour, barrels
5^,027
77,875
96,181
123209
146,202
126,548
149,460
Guano, pounds
18,633 103
31 545 418
57725285
41 740 110
41,273,852
57,094,045
75,415,168
Passenger Earnings
$
395 153
$
368 638
$
375 339
$
3(7 047
$
272488
$
245,119
$
194,281
Freight, etc. "
1,104 945
965 374
1 248 117
1 264 738
1,009,419
949,205
948,847
Total Earnings
1 500098
1 334 012
1 623 456
1 571 785
1 281 907
1,194,324
1,143,128
Operating Expenses
832 559
806235
976830
887 451
826098
641,678
643,110
Net Earnings
667 539
527 777
646 626
684 334
455 809
552,646
500,018
Gross Earnings per Mile
Oper. Expenses "
6,493 93
3,604 15
5,774 94
3,490 19
7,027 95
4,228 70
6,804 26
3,841 79
5,549 38
3,576 18
5,170 23
2,777 83
4,948 60
2,784 02
Net Earnings per Mile
2,889 78
2 284 75
2 799 26
2 962 47
1,973 20
2,392 40
2,164 58
Expenses to Earnings
Net Earn'gs to cost of r'd,etc.
55.50 p. c.
16.06 "
60.44 p. c.
12.69 "
60.17 p. c.
15.55 "
56.46 p. c.
15.40 "
64.44 p c.
10.46 "
53.73 p. c.
13.29 "
56.26 p. C.
12.02 "
Abstract of income account for seven years :
1870-71.
1871-72.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
Income of Road
$
1,561 630
$
1,401,016
$
1 740 563
$
1 685 392
$
1,426 499
$
1,306 251
$
1,202,312
Dividends, etc
45,388
39,008
76,043
26,853
62 709
84,793
58,086
Total Income
1,607,018
1,440,024
1,816,606
1,712,245
1,489,208
1,391,044
1,260,398
Road Expenses *
1,214,569
995,184
1,219,960
1,169,075
1,050,307
743,144
739,911
Incidental Expenses, etc. . . .
Interest on Bonds . .
23,321
46 958
23,729
50 977
13,728
52 365
17,236
46 025
22,882
41 720
23,388
39060
14,138
37,520
Total Payments
1,284,848
1,069,920
1,286,053
1,232.336
1,114,909
805,592
791,569
Balance
322 170
370,104
530,553
479,909
374,299
585,452
468,829
Dividends (J. & J.) per cent.
4x4
4x4
4x4
4x4
4x4
4x4
4x3
RAILROAD MANUAL OF THE UNITED STATES.
509
Coupons of the Macon and Augusta, and the Port Royal R. R. Cos., guaranteed
by the Georgia R. R. Co., are also paid from this account. To date $294,405.54 has
been paid for M. and A., and $137,472.20 for the P. R. R. R. Co.
General Balance, March 31, 1877.
Road and Outfit ($17,999.99 p. m.) $4,156,000 00
Real Estate 158,783 03
Stocks and Bonds 712,360 00
Material on Hand 52,25911
Western R. R. of Alabama 444,675 81
Coupons Paid as Guarantors 386,877 74
Expenses, 1876-77 791,56950
Bills, Cash, etc.
88,262 23
$6,790,787 42
Capital Stock ($18,181.81 p. m.) $4,200,000 00
Funded Debt ($2,294.37 p.m.) 530,000 00
Macon and Augusta R. R 71,000 00
Profitand Loss 606,131 75
Income, 1876-77 1,260,398 56
Bank Circulation, etc 77,673 43
Unpaid Dividends, etc 43,511 99
Due other Corporations.
2,071 69
$6,790,787 42
The bonds constituting the funded debt are debenture bonds, bearing 7 per cent,
interest, payable January and July ; principal payable in yearly amounts up to 1890.
The stocks and bonds owned by the company are described as follows :
STOCKS. Valued.
18,000 Nash. Chatt. and St. L., each $25.. $65,000
1.489J Rome R. R 100,000
4,000 Atlanta and West Point R. R 400,000
2,000 Macon and Augusta R. R 10,000
400 N. Y. and S. C. Steamships 20,000
Total Stock M. $595,000
BONDS. Valued.
70 Western of Ala., each $1,000 $61,100
66 Baldwin Co., Ga., each $500 33,000
15 Macon & Brunswick R. R., each $1,000. . 12,750
9 City of Macon, each $1,000 9,000
10 City of Athens, each $100 1,000
1 E. Tenn. & Va. R. R., each'$l,000 510
Total Bonds $117,360
Abstract of general account (March 31) for seven years :
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Capital Stock
$
4,195,000
$
4,200,000
4,200,000
$
4,200,000
$
4,200,000
$
4,200,000
$
4,200,000
Funded Debt
681,000
722,500
676,500
608.000
564,500
544,000
530,000
Profit and Loss
819,839
28^,429
322,680
393,0^0
498,428
326,406
606,132
Income
1,607,018
1,440,024
1,816,606
1,712,245
1,489,208
1,391,044
1,260,398
Macon and Augusta R. R. . .
71,000
71,000
71,000
71,000
Bank Circulation
91,607
86,469
83,202
81,179
80,179
77,673
77,673
Sundry Accounts
115.982
103,725
54,038
53,253
28,471
39,913
45,584
Total Liabilities
7,510,446
6,841,147
7,153,026
7,118,697
6,931,786
6,650,036
6,790,787
Road and Outfit.
4,156,000
4,156,000
4,156,000
4,156,000
4,156,000
4,156,000
4,156,000
Real Estate
149,079
151,459
159,582
158,220
162,470
159,400
158,788
Stocks and Bonds
1,318.980
1,038,852
1,031,452
1,088,952
875,6»i2
712,760
712,360
Materials on hand
100,211
112,841
104,335
65,447
71,878
59.064
52,259
Other R. R. Accounts
182,875
348,196
195,869
831,554
Expenses, Interest, etc
1,284,848
1,069,920
1,286,052
232 730
1,240.861
61,041
1,114,909
805,592
791,569
88,262
Total Resources
7,510,446
6,841,147
7,153,026
7,118,697
6,931,786
6,650,086
6,790,787
Directors (elected May 8, 1878.) — James W. Davies, Augusta, Ga.; James S.
Hamilton, and Stevens Thomas, Athens, Ga.; M. P. Stovall, and George T. Jackson,
Augusta, Ga. ; Lodowick M. Hill, Washington, Ga. ; Josiah Sibley, Augusta, Ga.;
David E. Butler, Madison, Ga.; George Hillyer, Atlanta, Ga.; John Davison, Augusta,
510 RAILROAD MANUAL OF THE UNITED STATES.
Ga.; William M. Reese, Washington, Ga.; William W. Clark, Covington, Ga.;
Charles H. Phiuizy, Atheas, Ga.; John H. James and Frank H. Miller. One vacancy.
E. P. ALEXANDER, President Montgomery, Ala.
James W. Davies, Vice-President Augusta, Ga.
Superintendent S. K. John«on.
Cashier (Bank) George P. Butler.
Auditor Carleton Hillyer.
General Ticket Agen.t J. A. Roberts.
Master of Transportation George M. Reed.
Purchasing Agent A. S. Hill.
General freight Agent H. Edmondson.
Bookkeeper G. P. Hill.
Master Machinist William Hardman.
Ro>id Master N. Hicks.
PRINCIPAL OFFICE AND ADDRESS Augusta, Ga.
GEOKGIA SOUTHERN EAILEOAD.
Line of Road. — Dal ton, Ga., to Alabama State Line 65,70 miles.
Sidincrs and other tracks, 3.25 miles. Gauge, 5 feet. Rail, 56 Ibs.
This road is the portion of the Selma, Rome and Dalton Railroad, situate in
Georgia, and sold under foreclosure November 5, 1874, and reorganized under present
title March 2, 1875. The road has no rolling stock. It is leased to the Receiver of
the Selma, Rome and Dalton R. R., and operated by him in connection with the por-
tion in Alabama as one line.
Operations, Financial Statement, etc. — No returns furnished.
Directors (elected in 1878).— R. T. Wilson, W. H. Fogg, William Allen Butler,
and Charles H. Bosher, New York ; A. L. Tyler, Alabama ; and Daniel S. Prentup,
Georgia.
•i
JAMES P. WALLACE, President New York City.
PRINCIPAL OFFICE AND ADDRESS No. 52 Broadway, New York City.
MACON AND AUGUSTA EAILEOAD.
Line of Road. — Camak, Ga., to Macon, Ga 79 miles.
Sidings and other tracks, 3.95 miles. Gauge, 5 feet. Rail, 50 Ibs.
Opened to Mayfield in 1865, and to Milledgeville in 1870. Whole road completed
in 1871. It has been operated under lease by the Georgia R. R. Co. since its opening,
and is virtually owned by that company, which became guarantors for all the bonds
issued for its construction, except $100,000 of the 1st mortgage bonds of 1867. An
act was passed by the State Legislature February 26, 1877, empowering^the lessees to
purchase the line.
Rolling1 Stock. — None owned. Furnished by lessees,
Operations for year ending March 31, 1877. — Gross earnings — passenger, $21,-
693.91 ; freight, $90,685.50 ; and mail, $3,950.04— total ($1,472.52 p. m.), $116,329.45.
Operating expenses (84.3 p. c.), $98,040.15. Net earnings, $18,289.30.
Financial Statement. — Capital stock, $1,971,541 ; funded debt, 1st mortgage 7 per
cent. 20-year bonds, interest payable January 1 and July 1, and principal, January
BAILKOAD MANUAL OF THE UNITED STATES. 511
1, 1887, $400,000; and 2d mortgage 7 per cent. 20-year bonds, interest payable January
1 and July 1, and principal July 1, 1887, $370,000 ; and floating debt (coupons paid by
guarantors), $249,405.54. Total stock, bonds and debt, $2,990,946.54. The lessees
own 2,000 shares of stock.
JOHN P. KING, President Augusta, Ga.
PRINCIPAL OFFICE AND ADDRESS Augusta, Ga.
MACON AND BRUNSWICK RAILROAD.
Line of Road. — Macon, Ga., to Brunswick, Ga 187 miles.
Branch line : Cochran (39 m. S. Macon) to Hawkinsville 10 "
Total main and branch line owned and operated 197 miles.
Sidings and other tracks, 4.93 miles. Gauge, 5 feet. Rail, 50 Ibs.
The Macon and Brunswick Railroad was opened in 1869, and operations commenced
January 1, 1870. The State of Georgia endorsed the company's bonds to the extent
of $10,000 per mile, and also for $600,000. The company failed to pay interest in
1873, and the property was seized by the State which now operates it through its
own agent. All information as to operations and financial condition is refused.
Rolling Stock. — Locomotive engines, 12. Cars — passenger, 10 ; baggage, mail
and express, 4 ; and freight (box, 70 ; stock, 10 ; and platform, 90), 170 — total, 184.
Financial Statement, — The State endorsements are in two series — 1st series,
dated 1867 and due in 1888, $1,950,000 ; and 2d series, dated 1870 and due 1889,
$600,000. Total cost of the road, etc., to the State, $3,500,000.
Gen. Superintendent George W. Adams.
Treasurer C. J. Wilson.
Master of Transportation W. J. Jarvis.
Auditor W.C.Jones.
Gen Frgt., Tkt. and Pass'r Agt. .Henry M. Drane.
Gen . Traveling Agent Albert A. Sharp.
PRINCIPAL OFFICE AND ADDRESS Macon, Ga.
MEMPHIS BRANCH RAILROAD.
Line of Road. — Rome, Ga., to Terminus 5 miles.
This road was sold at Rome August 14, 1877, to satisfy the State of Georgia for
interest paid on endorsed bonds, and was purchased for $9,100 by William Phillips,
President of the Marietta and North Georgia R. R. Co. The road is of the 3-foot
gauge, and is graded 17 miles from Rome westward, toward Decatur, Ala., and has 5
miles of track laid.
All further information refused.
PRINCIPAL OFFICE AND ADDRESS Rome, Floyd Co., Ga.
512 EAILEOAD MANUAL OF THE UNITED STATES.
NOKTHEASTEKN (OF GEOKGIA) KAILKOAD.
Line of Road. — Athens, Ga., to Lulah, Ga 39 miles.
Sidings, etc., 2 miles. Gauge, 3 feet. Rail, 30 Ibs.
This road was opened in 1876, and connects at Lulali with the Atlanta and Char-
lotte Air- Line Railway. No information is furnished as to operations or financial
condition. The bonds are endorsed by the State of Georgia for $3,000 per mile.
A. K. CHILDS, President. .'. Athens, Ga.
Superintendent— J. M. Edwards Athens, Ga. | Sec. and Trea$.—3. C. Johnson Athens, Ga.
PRINCIPAL OFFICE AND ADDRESS Athens, Ga.
OCMULGEE AND HOESE CEEEK EAILEOAD.
Line of Road.— Ocmulgee River, Ga., to Pine Woods 7 miles.
This road is the property of the Georgia Land and Lumber Company, and is
chiefly used for the company's purposes. Several short branches are being built, but
these are only temporary.
All information as to operations or financial condition refused.
PRINCIPAL OFFICE AND ADDRESS Lumber City, Tellfair Co., Ga.
EOME EAILEOAD.
Line of Road. — Rome, Ga. , to Kingston, Ga 20 miles.
Sidings and other tracks, 2 miles. Gauge, 5 feet. Rail, 50 Ibs.
Chartered in 1839, and opened for traffic in 1847.
Rolling Stock. — Locomotive engines, 3. Cars — passenger, 2 ; baggage car,
1 ; freight (box, 12, and platform, 6). 18— total 21.
Operations for year ending June 30, 1877. — Freight moved, 23,163 tons.
Earnings.
From Passengers $7,770 55
" Freight, etc 31,66038
$39,430 93
Expenditures.
For Maintenance of Way $7,729 05
" Transportation, etc 19,915 45
$27,646 50
Balance— net earnings, $11,784.43. Dividends (6 per cent.), $12,000.
Financial Statement. — Capital stock, $200,000; debts, none; surplus earnings,
$,571. Per contra : Cost of road and equipment, $262,307.74 ; materials and fuel,
$3,000 ; other current assets, $500 ; and cash on hand, $3,264. Balance total, $268,-
671.74.
Directors (elected July 14, 1877).— Eben Hillyer, Alfred Shorter, D. M. Hord,
RAILKOAD MANUAL OF THE UNITED STATES. 513
John A. Johnston, and Daniel S. Printup, Rome, Ga. ; John P. King, Augusta, Ga. ;
and George Hillyer, Atlanta, Ga.
EBEN HILLYER, President Rome, Ga.
Treas. and Gen. Ticket Agt . . . .John E. Stillwell. Master of Machinery, etc O. W. Harbin.
Gen. Superintendent C. M. Pennington. Gen. Freight Agent James A. Smith.
PRINCIPAL OFFICE AND ADDRESS Rome, Ga.
SANDEESVILLE AND TENNILLE KAILKOAD.
Line of Road. — Tennille, Ga., to Sandersville, Ga 3.25 miles.
Sidings and other tracks, 0.25 mile. Gauge, 5 feet. Rail (old), 30 Ibs.
Opened October 31, 1876. Is one of several small branches projected in connec-
tion with the Central.
Rolling1 Stock. — Locomotive engine, 1. Passenger car, 1. Other cars furnished
by Central Railroad Company.
Operations for 3 months ending January 31, 1877.— Gross earnings, $1,703.99 ;
and expenses, $600; net earnings, $1,103.99.
Financial Statement. — Cost of road, equipment, etc., $18,850. The rail was
taken from the Central Railroad.
PRINCIPAL OFFICE AND ADDRESS Sandersville, Ga.
SAVANNAH, GKIFFIN AND NOKTH ALABAMA E. E.
Line of Road. — Griffin, Ga,, to Carrollton, Ga. 63 miles.
Sidings and other tracks, 3.15 miles. Gauge, 5 feet. Rail, 56 Ibs.
The Central R. R. Co. of Georgia holds a controlling interest in this road, and
has operated it since its opening.
Rolling' Stock. — Locomotive engines, 2. Cars — box freight, 2 ; and platform, 3.
Operations for year ending September 30, 1877. — Gross earnings, freight, $32,-
011.30; passenger, $9,664.50, and mail, $2,424.36— total, $44,100.16. Operating
expenses, $30,472.98; net earnings, $13,627.18.
Financial Statement— Capital stock, $812,678.25 ; funded debt, 1st mortgage 7
per cent, guaranteed (by C. of Ga.), date, July 1, 1871, and due July 1, 1891, $500,-
000; bills payable, $328,940.30; interest certificates, $8,860; Cen. R. R. of Ga.,
$6,. 724.02; net earnings, 1876-77, $13,627.18— total, $1,670,829.75. Per contra: Cost
of construction, etc., $1,555,945.27; current accounts, $3,971.78; cash, $27,244.32;
and profit and loss, $83,668.38— total, $1,670,829.75.
Directors (elected February, 1878). — Edward Smith, Turin, Ga. ; John D. Stewart,
and J. U. Home, Griffin, Ga. ; U. B. Wilkinson and H. J. Sargent, Newnan, Ga. ;
33
514: RAILROAD MANUAL OF THE UNITED STATES.
and John W. Stewart and George W. Camp, Carrollton, Ga. (One vacancy in place
of T. F. Bozeman, deceased.)
WILLIAM W. WADLEY, President Savannah, Ga.
Treasurer—?. E. Bowdree Griffin, Ga.
PRINCIPAL OFFICE AND ADDRESS Griffin, Ga.
Fiscal Agency Central R. R. Co.'s Office, Savannah, Ga.
SAVANNAH, SKIDD AWAY AND SEABOARD E. E.
This company own 6 miles of R.R. partly in Savannah and partly suburban. Gross
earnings for six months ending May 1, 1877— street line, $10,469.96, and suburban
line, $6,415.39— total, $16,885.35. Operating expenses, $11,820.89. Net earnings,
$5,064.46. The company defaulted on interest due July, 1876, and January, 1877;
but the bondholders surrendered their coupons and agreed to extend the two next
accruing coupons, if necessary.
PRINCIPAL OFFICE AND ADDRESS Savannah, Ga.
WESTEEN AND ATLANTIC EAILWAY.
Line of Road. — Atlanta, Ga., to Chattanooga, Tenn 138 miles.
Sidings and other tracks, 6.90 miles. Gauge, 5 feet. Rail, 56, 60, to 67 Ibs.
Built by the State of Georgia, and opened for through traffic in 1850. Under Act
of the Georgia Legislature approved October 24, 1870, the road and rolling stock was
leased for 20 years to a corporation formed for the purpose, and composed mainly of
the officials of connecting roads. There is no actual capital invested, but the lessees
bind themselves in the penal sum of $8,000,000 to operate and maintain the road, and
pay monthly therefor into the State treasury the rental of $25,000.
Rolling Stock. — Locomotive engines, 58. Revenue cars— passenger, 19 ; baggage,
mail and express, 12 ; freight — box, 628 ; stock, 40; and platform, 95 ; and coal, 158—
total cars, 952.
Operations for the fiscal year 1877. — Total train service, 831,771 miles. Gross
earnings— passenger trains, $649,677, and freight trains, $842,218— total, $1,091,895.
Operating expenses, $630,990. Net earnings, $460.905. Lease rental, $300,000.
Lessees' profits, $160,905.
Financial Statement. — Estimated value, $8,000,000. Bonds were issued by the
State secured additionally on this property.
JOSEPH E. BROWN, President Atlanta, Ga.
E. W. Cole, Vice-President Nashville, Tenn.
Secretary and Treasurer W. C. Morrill.
Superintendent "William McRae.
General Passenger Agent B. W. Wrenn.
General Accountant J. C. Courtney.
Ticket Auditor ..T. H. Bell.
Master Mechanic J. W. Flynn.
Superintendent, Car Department .~W . G. Grambling.
General Frei(iht Agent R. A. Anderson.
Train De.-pafcher Chas. Beardsley.
Traveling Agent David Barwald.
PRINCIPAL OFFICE AND ADDRESS Atlanta, Ga.
EAILROAD MANUAL OF THE UNITED STATES.
515
ST.ATE OF FLORIDA..
Area, 59,248 square miles. Population, 206,522. Assessed valuation, $35,000,000.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Tracks.
Length of L'nes.
Total.
Florida.
1. Atlantic and Gulf [Georgia.
Ft. In.
5
5
5
5
5
5
5
4 Si
5
5
M.
350.18
154.00
60.00
150.00
45.20
6.50
5.80
10.50
8.25
21.00
M.
24.00
154.00
60.00
150.00
45.20
6.50
5.80
10.50
8.25
21.00
2. Florida (Atlantic, Gulf and W. I. Transfer). . .
3. Florida Central
4. Jacksonville, Pensacola and Mobile
5. Pensacola
6. Pensacola and Mobile. .
7. Pensacola and Perdido
8. St. John's
9. St. John's and Indian River
10. Tallahassee „ ,
Total Length
811.43
485.25
FLORIDA EAILEOAD.
Line of Road. — Fernaudina to Cedar Keys, Fla 154 miles.
Sidings, 5 miles. Gauge, 5 feet. Rail, 56 Ibs.
This road was opened in 1861, with the view of opening a more direct and con-
venient line for the travel and commerce between the Atlantic ports, New Orleans,
and Havana. To aid in its construction the company issued $1,540,000 bonds at the
rate of $10,000 per mile, secured by a mortgage on the road and swamp lands granted
by the Government to Florida, of which 281,984 acres had been certified to the com-
pany, up to J une 30, 1877. They also issued bonds to the same amount, called free land
bonds, secured by a mortgage on lands donated to the company. Failing to pay in-
516 KAILKOAD MANUAL OF THE UNITED STATES.
terest on the first issue, the road and lands secured by the mortgage were sold for the
sum of $320,000, and a new company organized with a capital of $3,000,000. For a
time it was run in connection with a line of steamers between the Atlantic ports and
Fernandina, and Cedar Keys, and the Gulf ports. It is believed that this through route
has been abandoned. One train appears to be run each way daily over the road.
The road is supposed to be owned by M. 0. Roberts and others, New York City,
and is operated under the name of the Atlantic, Gulf and West India Transfer Co.'s
Railroad. All information as to the road and its operations has been refused, on the
ground that the road is now a private enterprise, in which the public has no concern.
The earnings are estimated at $1,000 per mile and the expenses at an equal sum.
The following is believed to be a correct statement of the officers of the road :
Directors. — Edward N. Dickerson and E. H. Roberts, New York City ; David L.
Yulee and J. H. McGinnis, Fernandina, Fla. ; and J. K. Roberts, New Orleans, La.
EDWARD N. DICKERSON, President New York City.
David L. Yulee, Vice- President Fernandina, Fla.
Treasurer John Hedges.
Superintendent D. E. Maxwell.
Secretary C. W. Yulee.
Auditor and Ticket Agent A. O. McDonell.
PRINCIPAL OFFICE AND ADDRESS Fernandina, Fla.
FLORIDA CENTRAL RAILROAD.
Line of Road. — Jacksonville, Fla., to Lake City, Fla 60 miles.
Sidings and other tracks, 2.95 miles. Gauge, 5 feet. Rail, 56 Ibs.
Chartered as the Florida, Atlantic and Gulf Central R. R. Co., January 24, 1851,
and opened in 1859. The company received a grant of 6 sections of land per mile of
road (estimated at 183,153 acres), of which, to June 30, 1877, 37,583 acres had been
certified. For several years, the company were in financial difficulties, and their road
in the hands of a Master at the suit of the Board of Public Works. It has recently
been reorganized, but all information in regard to it is refused. The Jacksonville,
Pensacola and Mobile R. R. Company is supposed to own the majority of the stock.
Rolling Stock and Operations. — All information refused.
Financial Statement.— The road cost between $2,500,000 and $3,000,000, a large
share of which was furnished by the State by exchange of bonds. Default was
made about 1865.
E. M. L'ENGLE, President Jacksonville, Fla.
General Superintendent Charles Holmes. | Freight and Ticket Agent Wm. M. Davidson.
PRINCIPAL OFFICE AND ADDRESS. . . .Jacksonville, Fla.
JACKSONVILLE, PENSACOLA AND MOBILE RAILROAD.
Line of Road. — Lake City, Fla., to Chattahoochee, Fla 150 miles.
T, (Junction to Monticello, Fla. . . 4
l< |»O V* f» [•» f*Q •
(Tallahassee, Fla., to St. Mark's, Fla.. ..' 21— 25
Total length of road 175 miles.
Sidings and other tracks, 8.8 miles. Gauge, 5 feet. Rail, 56 Ibs,
RAILROAD MANUAL OF THE UNITED STATES. 517
From Lake City to Jacksonville the Florida Central Railroad is used.
Rolling Stock. — Locomotive engines, 14. Cars — passenger, 8 ; baggage, mail
and express, 3 ; and freight (box, 39 ; platform, 60), 99 — total revenue cars, 110.
All information in regard to operations or financial condition is refused.
The branch from Tallahassee to St. Mark's is understood to be reorganized as a
separate company, under the name of Tallahassee R. R. Co.
Financial Statement. — Two classes of bonds are said to have been issued : 1st
mortgage 7 per cent. 20-year bonds, dated January 1, 1860 (authorized, $1,790,000),
$472,000 ; and 2d mortgage 8 per cent. 20-year bonds, dated January 1, 1869 (author-
ized, $3,580,000), $3,000,000. Total bond issues, $3,472,000.
C. H. ALLEN, Receiver and General Manager Tallahassee, Fla.
Treas. & Auditor— E. R. Hammatt Tallahassee. | Master Mach.—3. P. Laird Tallahassee-
General Freight and Ticket Agent— R,. D. Carpenter Tallahassee.
PRINCIPAL OFFICE AND ADDRESS , . . .Tallahassee, Fla.
PENSACOLA RAILBOAD.
Line of Road. — Pensacola, Fla., to Junction (M. and M. R. R.) 45.2 miles.
t Cantonment, Fla., to Muscogee Mills 6.5
dies : jMUe giding to Muscogee Wharf , 1.0—7.5 "
Total length of all lines owned and operated . .52.7 miles.
Sidings and other tracks, 4 miles. Gauge, 5 feet. Rail, 56 Ibs.
Chartered January 8, 1852. Original name, Pensacola and Georgia ; then Florida
and Alabama ; changed in 1865 to Pensacola ; and again in 1872 to Pensacola and
Louisville. Present name dates from April 1, 1876.
The road is in the hands of a Receiver.
The branch to Muscogee Mills belongs to the Pensacola and Mobile R. R. Co.
(W. F. McCorniick, Pres.), and is used specially in the lumber trade.
Rolling1 Stock. — Locomotive engines, 6. Revenue cars — passenger, 2 ; baggage,
mail and express, 2 ; and freight — box, 6 ; and platform,j76— total revenue cars, 86 ;
service cars, 2.
Operations. — Not reported.
Financial Statement. — No returns.
Directors.— D. F. Sullivan, M. H. Sullivan, R. L. Campbell and G. A. Stanley,
Pensacola, Fla. ; and T. H. Hunt, New Orleans, La.
W. D. CIIIPLEY, General Manager and Receiver Pensacola, Fla.
Ticket and Freight Agent F. S. Grimes. | Master Machinist P. J. Cochran.
PRINCIPAL OFFICE AND ADDRESS. . Peusacola, Fla.
PENSACOLA AND PERDIDO RAILROAD.
Line of Road. — Pensacola, Fla., to Mill view, Fla 5.80 miles.
Sidings, etc., 0.5 mile. Gauge, 5 feet. Rail, 50 Ibs.
518 KAILJROAD MANUAL OF THE UNITED STATES.
This road is used chiefly for the transportation of lumber, and all information in
regard to its operations or financial condition is refused.
B. F. SIMMONS, President and Superintendent Pensacola, Fla.
H. W. Simmons, Secretary and Treasurer
PRINCIPAL OFFICE AND ADDKESS Pensacola, Fla.
ST. JOHN'S EAILWAT.
Line of Road — Tocoi (St. John's River), Fla., to San Augustine, Fla.. 10.50 miles.
Sidings and other tracks, 1 mile. Gauge, 4 feet 8| inches. Rail, 30 Ibs.
Chartered as the Jacksonville and San Augustine Railroad in 1856, and built in
1871. Until 1876 it was a tramway, with wooden rails and operated by mules. In
the latter year the road was ironed and equipped with locomotives and cars. Four
lines of steamers connect with it at Tocoi.
Rolling Stock. — Locomotive engines, 3. Cars — passenger, 5 ; baggage, mail and
express, 3 ; freight (box, 8; platform, 5 ; and coal, 3), 16 — total, 24.
Operations. — Four mixed trains are run daily. No later returns of operations.
Gross earnings, in 1871-72, $16,202.42 ; in 1872-73, $19,244.32, and in 1873-74, $24,-
008.25. Interest paid, $11,000.
Financial Statement. — Capital stock, $110,000 ;' and 1st mortgage 10 per cent,
bonds, $120,000— total stock and bonds (representing cost of property), $280,000.
Directors (elected April 1, 1878). — William B. Astor and J. F. D. Lanier, New
York City ; John Westcott, Tocoi, Fla ; D. G. Ambler and Richard McLaughlin,
Jacksonville, Fla.
RICHARD MCLAUGHLIN, Pres.,Supt. and Pur ch. Agent. .Jacksonville, Fla.
Treasurer— J '. M. Hallowes St. Augustine, Fla. \ Secretary— John Westcott Tocoi, Fla.
PRINCIPAL OFFICE AND ADDRESS St. Augustine, Fla.
ST. JOHN'S AND INDIAN KIVEE RAILROAD.
Line of Road.— Titusville, Fla., to Salt Lake, Fla 8.25 miles.
Sidings, 0.25 mile. Gaujre, 5 feet. Rail, 40 Ibs.
This road was opened in 1876, and it is intended to extend it to Lake Harney, 13
miles, during the present season. No report of operations or financial condition is
furnished.
E. HOPKINS, President Titjisville, Fla.
Superintendent— W. H. Churchill . . . Titusville, Fla. | Treasurer— S. J. Fox Titusville, Fla.
Secretary— -T. W. Lund Titusville, Fla.
PRINCIPAL OFFICE AND ADDRESS Titusville, Fla.
RAILKOAD MANUAL OF THE UNITED STATES.
519
OF
Area, 50,722 square miles. Population, 1,108,831. Assessed valuation, $160,051,212.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Track.
Length of Lines.
Total.
Alabama.
1. Alabama Central
Ft. In.
5
5
5
5
5
5
5
5
5
5 2
5
5
5
5
5
5
5
5
5
3
5
5
M.
81.00
296.00
27.50
1.50
300.56
59.25
84.00
178.80
528.60
80.00
349.50
122.30
141.00
21.00
60.00
40.00
43.00
237.00
183.00
5.50
21.50
167.00
M.
81.00
246.00
27.50
1.50
160.56
59.25
84.00
178.80
77.80
80.00
33.00
27.70
31.20
21.00
60.00
40.00
43.00
171.30
183.00
5.50
21.50
167.00
2. Alabama Great Southern
3. East Alabama and Cincinnati
4. Eureka Iron (Alabama Great Southern)
5. Memphis and Charleston
6. Mobile and Alabama Grand Trunk
7. Mobile and Girard
8. Mobile and Montgomery
9. Mobile and Ohio
10. Montgomery and Eufaula
11. Nashville, Chattanooga and St. Louis. ..[Tenn.
12. Nashville and Decatur [Tennessee.
13. New Orleans and Mobile [Louisiana.
14. New Orleans and Selma
15. Savannah and Memphis
16. Selma and Gulf
17. Selma, Marion and Memphis
18. Selma, Rome and Dalton
19. South and N. Alabama (Louisville & Nashville.)
20. Tuskegee
21. Vicksburg and Brunswick
22. Western R. R. of Ala. (Georgia & Cen. of Ga.).
Total Length
3,028.01
1,800.61
520 RAILKOAD MANUAL OF THE UNITED STATES.
ALABAMA CENTRAL RAILROAD.
Line of Road.— Selma, Ala., to York, Ala 81 miles.
Sidings and other tracks, 3 miles. Gauge, 5 feet. Rail, 60 Ibs.
Chartered under the name of Alabama and Mississippi R. R. Co., February 17,
1850, and opened August 10, 1863. It was subsequently named the Selma and Meri-
dian R. R., and reorganized under its present title June 21, 1871. Traffic arrange-
ments have been made with the Alabama Great Southern R. R. Co., whereby this
company use that road between York, Ala., and Meridian, Miss.
Arrangements are in progress for reorganizing, and all the bonds have been
surrendered to a committee with full power to act. It is expected that reorganiza-
tion will be carried out the present year.
Rolling Stock. — Locomotive engines, 14. Cars — passenger, 8; baggage, mail and
express, 3; freight (box, 66; and platform, 24), 90 — total revenue cars, 101. Ser-
vice cars, 21.
Operations for year ending March 31, 1878. — Trains run — passenger, 80,166 ;
freight, etc., 74,085— total, 154,251 miles. Passengers carried, 42,619.
Earnings.
From Passengers $72,047 76
" Freight 163,440 74
" Mail, Express, etc 18,96500
$255,453 50
Expenditures.
For Maintenance of Way $42,871 96
" Rolling Stock 13,14121
" Transportation, etc 83,186 89
$139,200 06
Balance — net earnings, $116,253.44; less rental paid Alabama Great Southern
R. R. Co., $20,615; leaves net revenue, $95,638.44. Payments: Taxes, $7,976.41;
miscellaneous, $1,174.20. Balance on hand, $86,487.83.
Financial Statement, December 31, 1877.— Capital stock, $2,000,000; funded
debt, $1,600,000; bills payable, $316.73; other liabilities, $9,587.61— total, $3,609,-
904.34. No statement of cost of road and equipment is made. The bonds were
issued by the Selma and Meridian R. R. Co., under date of June 1, 1871. They bear
interest at the rate of 8 per cent., payable semi-annually, January and July, and be-
come payable July 1, 1901.
Directors (elected May 3, 1878). — M. K. Jesup, Sidney Shepard, Charles Lanier,
H. B. Plant and J. B. Dumont, New York City, N. Y.; W. L. Lauier, Selma, Ala.;
and J. B. Bethea, Montgomery, Ala.
W. L. LANIER, President Selma, Ala.
Secretary— J. B. Dumont New York City. Road Master— Joseph Gallion Demopolis, Ala.
Superintendent— John M. Bridges' Sclma, Ala. Masttr Machinist— S. Gay Selma, Ala.
PRINCIPAL OFFICE AND ADDRESS Selma, Ala.
ALABAMA GKEAT SOUTHERN RAILROAD.
Line of Road. — Chattanooga, Tenn., to Meridian, Miss 296 miles.
Sidings, etc., 14.8 miles. Gauge, 5 feet. Rail, 56 Ibs.
KAILEOAD MANUAL OF THE UNITED STATES.
521
This company was originally chartered December 12, 1853, under the name of
the Northeast and Southwest Alabama R. R. It was reorganized under the name of
Alabama and Chattanooga R. R. Co. October 6, 1868, and the road opened May 17,
1871. Default was made on the interest on its bonds, indorsed by the State of
Alabama, January 1, 1871, but interest was paid by the State to include January 1,
1872, and the road taken possession of by that State. It was sold in October, 1875,
to the 1st mortgage bondholders, but the terms of sale not being complied with,
it remained in the hands of trustees until January 22, 1877, when it was again sold
under decree of the U. S. Circuit Court. The present company was organized
November 30, 1877, by the purchasers at that sale, by which the interest of the A.
and C. R. R. bondholders was entirely extinguished. The State of Alabama has ap-
propriated $1,000,000 State bonds, bearing 2 per cent, interest until January 1, 1881,
and thereafter 4 per cent, for 25 years, for redemption of the indorsement on the
A. and C. R. R. Co. bonds, and a'majority of the bonds have already been exchanged
at the rate of $191.24 for each R. R. bond with coupons attached, to include July,
1872.
The road was purchased by the agent of Erlanger & Co., of London, who have
offered to the A. and C. 1st mortgage bondholders the option of participating in the
purchase.
Rolling Stock,— Locomotive engines, 13. Cars— passenger, 7 ; baggage, mail,
and express, 5; freight (box, 72 ; stock, 7; platform, 98; coal, 5), 182 — total revenue
cars, 194. Also, 3 service cars.
Operations for year ending February 28, 1878. — Trains run, 239,347 miles. Pas-
sengers and freight moved, not reported.
Earnings.
From Passengers $55,554 11
" Freight 201,92684
" Mail and Express 11,08010
Miscellaneous 28,462 53
$297,023 58
Exp-nditures.
For Maintenance of Way $60,185 42
" Rolling Stock 26,54533
" Transportation 72,78165
Miscellaneous.. 30,15469
$189,667 09
Balance — net earning?, $107,356.49. Payments from net earnings — hire of roll-
ing stock, etc., $7,762.50. Balance, $99,593.99, applied to reconstruction purposes.
Financial Statement, February 28, 1878.— Prior to the sale the funded debt con-
sisted of 1st mortgage bonds, $4,720,000,— an over issue of $500,000 : 2d mortgage
bonds, $2,000,000; Receiver's certificates, $1,200,000— total liabilities, $9,020,000.
This bonded debt was canceled by the sale, and the Receiver's certificates have
been reduced to about $700,000.
Under the reorganization, the capital stock ($50 per share) of the A. G. S. R. R.
Co. is fixed at $783,000 preferred, and $7,830,000 common— total stock, $8,613,000;
funded debt, $1,750,000 ; total stock and bonds, $10,363,000, which is believed to
be more than will represent the entire cost of road and equipment to the present com-
pany, after providing for Receiver's certificates and outstanding liens, and leaving a
part to be disposed of for future wants of the company. By the terms of sale, the
purchasers are required, among otlier things, to pay into court $600,000 by June 1,
1878. These terms had been complied with to the close of the fiscal year, and the
work of reconstruction and repair of road and equipment commenced.
522 RAILKOAD MANUAL OF THE UNITED STATES.
Statement of funded debt in detail :
Character of Issues.
Date.
Int.
p. c.
Payable.
Principal
Due.
Amount
Authorized.
A.mt. Out-
standing.
1st Mort. A. G. S. R. R. Co., gold.
RecVs Certif s, A. & C. R. R. Co.
Jan. 1, 1878.
6 gold.
Jan. & July.
Mar. & Sep.
Jan. 1, 1908.
1882.
I ,750,000
1,200,000
$263,000
Of the Receiver's certificates, a part are declared void by the court, and
another portion temporarily enjoined. A considerable amount has been acquired by
the new company.
Directors (elected November 30, 1877). — Augustus B. Abraham, R. J. Hood, Geo.
W. Medley, Philip Rose, Charles Schiff, Charles L. Young, and T. W. Snagge,
London, England.
AUGUSTUS B. ABRAHAM, President London, Eng.
Sec'y. — R. V. Tomlinson London.
Supt.—G. P. Ball
Master Mech. — John McVey. . .Chattanooga, Tenn.
.Chattanooga, Tenn. Gen. Ft,. <fe Tkt. Agt.—U. A. Bacon,
Ass't Supt.—F. L. Wadsworth, '• Purch. Agt.—C. P. Ball
Gen. Agent and Manager, in U. S John Swarin Montgomery, Ala.
PRINCIPAL OFFICE AND ADDRESS 43 Lothbury, London, Eng.
Operating Office Chattanooga, Tenn.
Business Office Montgomery, Ala.
EAST ALABAMA AND CINCINNATI E. E. (In Progress.)
Line of Road. — Eufaula, Ala., to Guntersville, Ala 221.0 miles.
In operation: \ °Pelika> Ala-> to Buffalo Wallow, Ala 22.0
i Gadsden, Ala., to Attala, Ala 5.5 — 27.5 miles.
Sidings and other tracks, 1.37 mi]e. Gauge, 5 feet. Rail, 50 Ibs.
Chartered in 1868, and opened in 1871. The State of Alabama endorsed the com-
pany's bonds to the extent of $400,000. Default has been made in interest, and the
road is for sale.
Rolling- Stock. — Cars — passenger, 1 ; baggage, 1 ; and freight, 4. Service car, 1.
Operations, etc. — All information refused.
Financial Statement. — None furnished. The 8 per cent, bonds of this company
are dated July 1, 1870, and run 20 years from date ; interest payable Jan. 1 and J uly 1.
VIRGIL S. MURPHEY, President Opelika, Ala.
Secretary and Superintendent R.H.Kelly. | Treasurer James I. Colt.
PRINCIPAL OFFICE AND ADDRESS Opelika, Ala.
MEMPHIS AND CHAELESTON EAILEOAD.
Line of Road. — Memphis, Tenn., to Stevenson, Ala 272 miles.
Branches, named below 20 "
Total length of railroad owned 292
Sidings and other tracks, 29 miles. Gauge, 5 feet. Rail, 56, 60, and 65 Ibs.
RAILROAD MANUAL OF THE UNITED STATES.
523
Chartered February 2, 1846, and road opened for through traffic, July 4, 1858.
The line in Tennessee received State aid to the extent of $10,000 per mile, in bonds.
The company contracted, June 23, 1858, for the use of the Nashville and Chattanooga
Railroad from Stevenson to Chattanooga, 38 miles, for a term of HO years, making
the length of line operated 330 miles. In 1871, the McMinnville and Manchester and
the Winchester and Alabama R. Rs., sold by the State of Tennessee for default, were
purchased by the company. In 1877 those lines were re-sold to the Nashville, Chat-
tanooga and St. Louis R. R. Co. The Memphis and Charleston R. R. was operated
under lease by the Southern Railway Security Company, from March 5, 1871, to April
30, 1874. Under the lease the lessees agreed to assume all liabilities, and to pay the
stockholders' dividends ranging from 3 per cent, as a minimum to 6 per cent, as a
maximum. In 1875-76, the branch line from the Memphis Depot to the Mississippi
River, 1 mile, was constructed. The other branches are the Somerville, 14 miles, and
the Florence, 5 miles. The road was leased, June 2, 1877, to the East Tennessee,
Virginia and Georgia R. R. Co., for 20 years, from July 1, 1877. The lessees are to
operate the road on their own account, and apply the net earnings to interest, paying
over any surplus to the lessors. The lease may be terminated on six months' notice,
provided the property is not in debt to the lessees. A future consolidation of the
companies, parties to the lease, is provided for. The consolidation of the whole
funded debt of the Memphis and Charleston R. R. Co., in a 1st mortgage, is pro-
vided for by a deed of trust to the Farmers' Loan and Trust Company of New York,
made August 20, 1877, under which a new series of bonds will be issued.
Rolling Stock. — Locomotive engines, 43. Cars — passenger, 30; baggage and
mail, 8; and freight (stock, 24 ; box, 434; platform, 94 ; and coal, 65), 617— total, 655.
Operations for year ending June 30, 1877. — Trains run — passenger, 499,280 ;
freight, 305,606; other, 55,345— total, 860,231 miles. Freight moved— local, 67,655.7;
and through, 71,156.2— total, 138,811.9 tons. Included in freight was cotton, 200,281
bales, of which 83,544 arrived at Memphis and 101,628 at Chattanooga.
Earnings.
From Passengers $392,734 69
" Freight 491,56501
" Mail and Express 42,88019
" Rents, etc 34,17059
Expenditures.
For Maintenance of Way $199,498 78
" Rolling Stock 220,567 73
" Transportation 173,073 06
Miscellaneous ... 50,687 93
$961,350 48 $643,827 50
Balance— net earnings, $317,522.98. Interest on bonds matured, $341,885. Cou-
pons unpaid at close of year, $225,738.09.
Abstract of operations, etc., for seven years :
1870-71.
1871-72.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
Passenger Earnings
$
665,333
$
630,423
$
$
520,381
$
444,879
$
420,090
$
392,735
Freight "
619,182
670009
682,653
523,396
514,160
491,565
Mail, Express, etc
132,925
103,683
97,336
93,050
99,115
77,050
Gross Earnings
1,417,441
1 404 115
1 540,303
1,300,473
1,063,326
1.033,366
961.350
Operating Expenses
1,226,490
1,162,930
1,178.708
967,064
879.831
712,136
643,827
Net Earnings . ....
190,951
241 185
361,595
333,409
183,495
321,230
317,523
Earnings per Mile
4,887 82
4841 78
5 311 39
4,48439
3,666 64
3.563 33
8,292 29
Expenses "
3,179 33
3,330 60
3,262 81
3,208 16
2,982 14
2.366 36
2,20488
Profits per Mile
1 708 49
1,511 18
2,048 58
1,276 23
68450
1,196 97
1,08741
Prop, of Expenses
65.05 p. c.
68.79 p. c.
61.43 p. c.
71.55 p. C.
81.33 p. c.
66.41 p. c.
66.96 p. c.
524
RAILROAD MANUAL OF THE UNITED STATES.
Construction account was closed December 31, 1869, and the charges to that ac-
count are now included in expenses.
The operating accounts of the Winchester and Alabama, and the McMinnville
and Manchester R. Rs. are included in the above accounts from 1871 to 1874.
General Balance, June 30, 1877.
Construction and Equipment $8,640,954 60
Branches and Real Estate 1,176,453 60
Materials and Fuel 121,482 25
Investments, Bonds, etc 137,81 1 37
Bills, Accounts and Cash 159,426 17
ProfitandLoss 641,310 81
Capital Stock $5.312,725 00
Funded Debt 3,462,000 00
Tennessee State Lien 1,671,913 18
Coupons 225,738 09
Current Dues, etc 32,031 42
Bills and Accounts.., 173.03111
$10,877,438 80
Statement of the funded debt in detail :
$10,877,438 80
Classes of Bonds.
Date of
Issue.
So*
<S .
P5 A
Interest
Payable.
Principal
Payable.
Amount
Authorized.
Amount
Outstand'g,
Annual
Charge.
May 1, 1854.
Jan. 1, 1867.
Jan. 1, 1873.
1873
7
7
7
10
7
May & Nov.
Jan. & July.
Jan.& July.
May 1, 1880.
Jiiii.1, LS85.
Jan. 1, 1913.
1875
$1,500,000
1,000,0(10
1,16'',000
457,000
4,700,000
$1,293,000
1,000.0(30
1,160,(100
9,000
$86.730
70.COO
81,200
£00
yd "
Consolidated Mortgage
Income —
Consol. 1st Mort., gold
July 1, 1877.
Jan.& July.
Jan, 1, 1915.
Of the new consolidated mortgage, 1,400 bonds (1 to 1,400) are assigned to the
liquidation of the State lien ; 1,436 (1,401 to 2,836) to the discharge of the 1st mort-
gage bonds, and 1,000 (2,837 to 3,836) to the discharge of the 2d mortgage bonds.
The remainder of the authorized issue, viz., 864 bonds (3,837 to 4,700), is appropriated
to the immediate and future necessities of the company. The Farmers' Loan and
Trust Company are trustees under the mortgage.
Directors (elected October 3, 1877.)— P. C. Bethel, F. H. Cossitt, Napoleon Hill,
James C. Neely, George P. Beirne, W. W. Garth, C. M. McGliee, John J. Rather,
and R. T. Wilson. By City of Charleston — William S. Hatsie and E. Willis.
R. T. WILSON, President New York City.
Charles M. McGliee, Vice-Pres. and Gen. Manager. Knoxville, Tenn.
Secretary and Treasurer Samuel S. Cruse.
Gen. Supt. and Chief Eng John A. Grant.
Gen. Freight and Pass. Agent . . . James R. Ogden.
Auditor H. C. Wilton.
Master, of Transportation R. B. Pegram.
Master Machinist. .. H. K. Burford.
PRINCIPAL OFFICE AND ADDRESS Memphis, Tenn.
Financial Agency (President's office) No. 4 Exchange Court, N. Y. City.
MOBILE AND ALABAMA GEAND TEUNK E. E.
Line of Road. — Mobile, Ala., to Bigbee River Bridge, Ala 59.25 miles.
Sidings and other tracks, 2.97 miles. Gauge 5 feet. Rail, 56 Ibs.
Chartered February 23, 18G6. Road opened to Mount Vernon, 30 miles, in Feb-
ruary, 1872, and to Bigbee Bridge, the present terminus, in September, 1873. The
RAILROAD MANUAL OF THE UNITED STATES. 525
total length of tlie main line as projected will be 232 miles to Birmingham, Miss.,
with a branch line from a point 105 miles north from Mobile to Selma. A reorgani-
zation of the company is in progress, and the immediate extension of the road to a
connection with the Alabama Central Railroad (78 miles) proposed.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 2 ; baggage, 1 ; and
freight, 20 — total revenue cars, 23.
Operations. — No report. The expenses are covered by the earnings. All infor-
mation refused.
Financial Statement. — None furnished since 1873. The amount of bonds
(20,000 per mile) is $1,125,000. These are described as 1st mortgage 7 per cent,
gold bonds, the date of issue and maturity not being stated. A new issue to the
extent of $3,000,000 is contemplated.
Directors (elected in 1873).— Francis B. Clark, John Reed, Jr., James Crawford,
Henry Hall, Moses Waring, Thomas St. John and M. T. Taylor, (2 vacancies,) all of
Mobile, Ala.
FRANCIS B. CLARK, President Mobile, Ala.
E. M. Underbill, Secretary and Treasurer Mobile, Ala.
PRINCIPAL OFFICE AND ADDRESS Mobile, Ala.
MOBILE AND GIEAED BAILKOAD.
Line of Road. — Columbus, Ga., to Troy, Ala 84 miles.
Sidings and other tracks, 4.2 miles. Gauge, 5 feet. Rail, 50 Ibs.
Chartered in 1853. Opened through, June 15, 1876. The bridge over the Chat-
tahoochee between Girard and Columbus, was completed January 1, 1869. The
original project was to construct a road from Columbus and Mobile, 228 miles. A
new mortgage bearing date June 1, 1877, has been issued for the purpose of taking
up the old 1st mortgage debt due Junel, 1876, and of funding the debt due by the
company to the Central Railroad and Banking Company of Georgia. The issue for
this purpose bears 4 per cent, interest and amounts to $800,OCO. The remainder of
the $1,000,000 secured under this mortgage bears 6 per cent, interest, and can only
be issued in payment of the company's 8 per cent, plain bonds and other indebted-
ness. The company's 2d mortgage 8 per cent, bonds are endorsed by the Central of
Georgia. The annual charge on the whole mortgage debt when issued ($1,300,000)
will be $68,000.
Rolling Stock. — Locomotive engines, 4. Cars — passenger, 5 ; baggage and mail,
3 ; caboose, 3 ; and freight (box, 30 ; and platform, 34), 64 — total, 75.
Operations for year ending May 31, 1877. — Trains run, 104,560 miles. Passen-
gers carried, 25,420. Cotton moved, 38,309 bales. Gross earnings — passenger, $31,-
761.66; freight $117,603.90, and mail, $3,529.86— total, $152,895.42. Operating
expenses, $97,632.3b. Net earnings, $55,263.04.
Financial Statement, May 31, 1877.— Capital stock, common, $965,864.80; 8
per cent, preferred, $300,745.84; and Pike County special, $12,330 — total capital,
526
KA1LKOAD MANUAL OF THE UNITED STATES.
stock, $1,278,940.64; funded debt, 1st mortgage 8 per cent, "bonds due June 1, 1876,
$7,000; 2d mortgage 8 per cent, bond*, $300,000, and plain 8 per cent, bonds, $33,500
—total, $340,000; Central R. R. of Georgia, $5,252.31 , Central R. R. Bank, $800,000
(changed into new 4 per cent, bonds), and Agents Ledger, $39.27— $2,424,732.22.
Per contra: Construction, $1,715,439.87; stock interest (paid in preferred stock),
$294,870.84; bills receivable, $7,17415 ; current balances, $2,271.54; and profit and
loss, $404,974.82— $2,424,731.32.
Directors, — R. L. Mott, H. H. Epping, John Peabody, and L. T. Downing,
Columbus, Ga ; and N. P. Banks and J. D. Murphree, Troy, Ala.
WILLIAM M. WADLEY, President Savannah, Ga.
Secretary and Treasurer J. M. Frazer. | Superintendent W. L. Clark.
PRINCIPAL OFFICE AND ADDRESS Columbus, Ga.
MOBILE AND MONTGOMEKY KAILWAY.
Line of Road. — Montgomery, Ala. , to Mobile, Ala 178.8 miles.
Sidings and other tracks, 9.1 miles. Gauge, 5 feet. Rail (steel, 2m.), 52 to 57 Ibs.
Consolidation, May 1, 18G8, of the Alabama and Florida and the Mobile and Great
Northern in the Mobile and Montgomery Railroad, extending from Montgomery to
Tensas, 163£ miles. The whole line was in operation in 1861. Subsequently (March
5, 1872,) extended from Tensas to deep water in Mobile Harbor. Default on 1st
mortgage coupons made May, 1873. Road sold in foreclosure November 16, 1874,
and purchased by bondholders, who organized as the M. and M. Railway Co., and
were given possession of the property November 26, 1874.
Rolling Stock. — Locomotive engines, ^8. Cars — passenger, 17 ; baggage, mail
and express, 8 ; and freight, 369 — total revenue cars, 394 ; other cars, 32.
Operations for year ending December 31, 1877. — Trains run — passenger, 245,870 ;
freight, 237,059; other, 99,936— total, 582-856 miles. Passengers carried, 67,570;
carried one mile, 5,628,894. Cotton moved, 98,661. Freight moved one mile — North,
7,924,015, and South, 13,099,381— total, 21,023,396 tons.
Earnings.
From Passengers $212.843 43
" Freight 402,55241
" Express, Mail, etc 50,641 75
$666,037 65
Expenditures.
For Maintenance of Way $145,359 95
" RollingStock 158,80751
" Transportation, etc 137,308 74
$441,476 20
Balance — net earnings, $224,560.89. Payments from net earnings — taxes, $24,-
424.65 ; interest on bonds, $20,316.40 ; expenses of bondholders' committee, $16,118.98 ;
balance of indebtedness, $69,799.68, and materials purchased, not used, $1,144.69 —
total, $131,804.40. Balance, credit account, after paying all indebtedness except
funded debt, $92,756.49. Dividend, February 7, 1878, 2i per cent.
RAILROAD MANUAL OF THE UNITED STATES. 527
Abstract of operations, etc. , for three years :
1875.
1876.
1877.
1875.
1876.
1877. ,
Train Miles :
Passenger
136,056
245,870
Earnings, etc. :
Freight
$
361,846 08
$
402,658 44
1
402,552 41
Freight
231,902
237,059
Passenger
182,684 80
233,271 51
212,843 43
Service
52,634
99,936
Express..,
14,671 ».8
14,189 05
14,205 40
Mail
26.850 00
23,955 66
'< 3,056 23
Passengers Carried
51,968
4 230 508
:69,621
5 938 004
67,570
5 628 894
Miscel. Receipts.
10,8o6 01
15,552 25
13,o79 62
Freight (tons). .
79,951
121,107
Earnings
596,890 57
689,626 94
666,037 65
Ton. Miles
14,231,304
19,173,941
21,023,396
Expenses
428,394 46
439,820 21
441,476 29
Cotton Bales
GO OttO
110 043
98 661
Profits
168,496 11
249,806 73
224,560 89
Taxes paid— in 1875, $15,595 ; in 1876, $24,038.09 ; and in 1877, $24,424.65.
Construction and equipment in 1875, $178,477.05 ; in 1876, $307,974.30 ; and in 1877,
$1,144.69. These are payments since November 26, 1874. Total receipts since re-
organization, $2,135,658.54. Total payments, $2,042,902.05. Dividend fund, Decem-
ber 31, 1877, $92,756.49, from which the February, '78, dividend, 2| per cent., was
paid on $3,022,517.71 stock, amounting to $75,562.94. Surplus to next year, $17,193.55.
General Balance, December 31, 1877 :
Roadway $3.203,123 71
Real Estate, Depots, etc. . . . $166,169 74
Equipment, etc 388,610 83
Steamboat " Mobile " 15,209 47— 569,990 04
Accounts due to Company 126,413 33
Cash in hands of Treasurer 36,175 57
$3,935,702 65
Capital Stock $3,022,517 71
Funded Debt 263,00000
Real Estate Notes 12,000 00
Income Account 568,35253
Accounts due by Company 55,917 41
Interest Account 13,915 00
$3,935,702 65
The capital stock represents 1st mortgage M. & M. R. R. bonds.
Statement of funded debt in detail :
Classes of Bonds.
Date of
Issue.
Date of
Maturity.
Rate
p. c.
Interest
Payable.
Amount
Outstanding.
Annual
Interest.
1st Mortgage (A. & F. R.R.) past due
1st Mortgage (M. & M. R. R.) . . .
Demand.
M ay & Nov.
Jan. & July
$2,000
41.000
£20,000
$3,280
22,000
Nov. 1, 1?68
Jan. 1, 1875
Nov. 1, 1888
Jan. 1, 1889
8
10
Income Mortgage, M. & M. Railway
The Alabama and Florida R. R. bonds ($2,000) have never been presented for
principal or interest, and are supposed to be lost.
Directors (elected February, 1878).— Daniel Tyler, Josiah Morris, Montgomery,
Ala. ; J. Pierpont Morgan, Anthony J. Thomas, A. C. Richards, J. T. Soutter, George
I. Seney, New York, N. Y. ; H. G. Ouderdonk, Long Island; and.L. M. Wilson,
Mobile, Ala.
528 KAILKOAD MANUAL OF THE UNITED STATES.
DANIEL TYLER, President Montgomery, Ala.
Edmund L. Tyler, Vice-President and Superintendent, "
Secretary— J P. Curtis New York.
Treasurer — W. H. Hnhhard Montgomery.
Auditor— George C. Ball "
Pas. and Fr't Agenl— Geo. Nason... Montgomery.
Master Machinist — James Parker. . .
Master Car Builder— L. Barham "
PRINCIPAL OFFICE AND ADDRESS Montgomery, Ala.
New York Agency .Drexel, Morgan & Co., Wall, cor. Broad Street.
MOBILE AND OHIO EAILEOAD.
Line of Road. — Mobile, Ala., to Columbus, Ky 472.0 miles.
Branches, named below 56.6 "
Total (in Ala., 77.8; in Miss., 312.8; in Tenn., 117.7, and in Ky., 20.3). ..528.6 miles.
Sidings, etc., 46.3 m. Gauge, 5 ft. Rail, iron, 56 and 60, steel (43.7 m.), 56 Ibs.
Chartered in Alabama February 8, 1848, and subsequently in Mississippi, Ten-
nessee and Alabama. The Act of Congress, approved September 20, 1850, granted
public lands to the extent of six sections per mile of road in aid of construction. This
and the grant to the Illinois Central were the first national grants made to railroads.
The whole line took ten years to complete, the official opening having been in Sep-
tember, 1859. The branches are from Narkeeta, Miss., to Gainesville, Ala., 21.5
miles ; Artesia to Columbus, Miss., 14.5 miles ; Artesia to Starksville, Miss., 11 miles,
and Muldon to Aberdeen, Miss., 9.6 miles. In 1865 the company found themselves
unable to meet the interest on their bonded debt. Under arrangements made Febru-
ary 4, 1867, all interest due on bonds to November 1,1867, was funded, and also all
interest on sterling bonds due in 1868 and 1869. Payment on all classes of bonds
was resumed May 1, 1870. In 1872 the floating debt was liquidated in 2d mort-
gage bonds. The Tennessee State loan was paid off by funds received from substitu-
tion bonds. In 1874 default was made on the May coupons, and the property passed
into the hands of trustees and receivers. A scheme for reorganizing the company,
dated October 1, 1876, is now being carried out.
Rolling Stock. — Locomotive engines, 80. Cars — passenger, 20, Pullman (leased),
6 ; officers', 2 ; baggage, mail, etc., 18 ; and freight (box, 615 ; stock, 35 ; and plat-
form, 274), 924 — total revenue cars, 964. Construction and service cars, 97.
Operations for year ending August 31, 1877. — Trains run — passenger, 394,260;
and freight, 679,316 — total, 1,073,576 miles. Passengers carried, 211,139; carried
one mile, 9,004,770. Freight moved, 251,427 tons ; moved one mile, 61,388,247 tons.
Earnings.
From Passengers $348,645 37
" Freight 1,614,240 14
" Mail and Express 95,58640
Miscellaneous . . 24.801 85
*
$2,083,273 76
Expenditures.
For Maintenance of Way 807.359 66
" Rolling Stock 341,03900
" Transportation... 633,30244
Miscellaneous ...... 1 12,087 44
$1,893,788 66
Balance — net earnings, 189,485.10. Expenses include extraordinary disburse-
ments, $316,0-0'. In 1874-75 the extraordinary expenses were $266,000. Prior
to 1876 the fiscal year closed December 31 ; the accounts for September — December,
1875 (four months), are repeated in the accounts for 1875-76.
KAILKOAD MANUAL OF THE UNITED STATES.
529
Abstract of operations for seven years :
1871.
(517.6 m.)
1872.
(517.6 m.)
1873.
(528.6 m.)
1874.
(528.6 m.)
1875.
(528.6 m.)
1875-76.
.(528.6 m.)
1876-77.
(528.6 m.)
Train Miles
1,219,520
398,884
16,312,518
437,307
57,062,866
1
2.952,507
1,930,219
1,069,744
322,717
14,183.438
347,488
54,201,154
$
2,801,1-27
1,896,264
976,419
250,009
9,570,286
343,488
52,100,458
$
2,391,019
1,683,154
892,296
225,000
8,745,657
305,243
46,396,859
$
1,914,347
1,552,894
1,046,021
199,352
9,044,895
223,103
52,319,056
8
1,981,569
1,544,961
1,073,576
211,139
9,004,770
251,427
61,388,247
$
2,083,274
1,577,789
Passengers Carried
385,300
15,792,459
333,659
47,006,987
$
2,739,449
1,894,168
" one mile.
Freight Moved
" " one mile
Gross Earnings
Operatiug Expenses
Net Earnings
845,281
5,292 60
3,659 52
1,022,288
5,704 23
3,729 17
904,863
5,299 14
3,587 33
707,865
4,523 31
3,184 17
361,453
3,621 54
2,937 74
438,608
3.748 71
2,922 74
505,485
3,941 11
2,984 85
Gross Earnings per Mile
Oper. Expenses "
Net Earnings per Mile
1,632 08
69.14 p. c.
1,975 06
65.37 p. C.
1,711 81
67.69 p. c.
1,339 14
70.39 p. c.
683 80
81.12 p. c.
825 97
77.96 p.^c.
956 26
75.73 p. c.
Expenses to Earnings
In the above account expenses are confined to ordinary operations ; extraordinary
expenses being omitted.
Profit and Loss Account, year 1876-77.— Cash on hand, August 31, 1876,
$109,529.31 ; gross earnings, 1876-77, $2,083,273.76 ; donated lands, $7,129.31 ; inter-
est and exchange, $2,866.81 ; and land department, $28,923.58— $2,231,723.17.
Per contra : Expenses— ordinary, $1,577,788.66, and extraordinary, $316,000 ;
bonds redeemed — 1st mortgage by land department, $44,000 ; and 2d mortgage (re-
ceived for debt), $1,400 ; real estate, $1,964.10 ; materials on hand, $60,088.10 ; ac-
counts receivable, $37,547.60 ; liabilities payable by trustees, $700.98 ; trustees and
receiver's liabilities, $51,282.53— total, $2,900,771.97. Balance— cash in treasurer's
hands, August 31, 1877— $140,951.20.
Land Department. — Lands : in Alabama, 524,633 ; in Mississippi, 656,062 ; and
in Kentucky, 1,258— total, 1,181,953 acres. Town and other lots valued at $60,107.50.
Outlying contracts, $14,888.80. 1st mortgage sterling bonds redeemed, $42,000.
Receipts, 1876-77 — balance from previous year, $4,903.99 ; and rents, sales, etc., in
year, $23,286.27— total, $28,190.76.
Per contra : Expenses, surveys, salaries, taxes, etc., $12,500, and purchase of 1st
mortgage Stirling bonds, $11,970— total, $24,476.16. Balance— cath on hand, August
31, 1877, $3,720.60.
General Balance, August 31, 1877.
Road and Equipment $18,126,865 37
Donated Lands 1,650.743 82
Real Estate, Town Lots, etc 102,788 98
Company's Bonds $715,042.83
Stock 351,700.00— 1,066,742 83
United States 194,193 08
Materials on Hand 235,269 14
Sundry Accounts 105,650 65
Land Department 20.115 21
Treasurer's Cash 140,951 20
$21,643,320 28
Capital Stock $5,320,60000
1st Mortgage Bonds $9,554,920.00
" Coupons.... 2,559,113.62-12,114,03362
2d Mortgage Bonds 1,451,207.05
Coupons.... 348,926.01—1,800,13306
Gainesville Br. Bonds and Coupons. . 67,840 00
Convertible Bonds $977.550.00
" Interest 215,061.00—1,192,61100
FloatingDebt 672,827 78
Profit and Loss 475.275 32
$21,643,320 28
530
KAILEOAD MANUAL OF THE UNITED STATES.
Abstract of general account for seven years :
1871.
(517.6 m.)
1872.
(517.6 m.)
1873.
(528.6 m.)
1874.
(528.6 m.)
1875.
(52S.6 m.)
1876.
(528.6 m.)
1877.
(5-28.6 m.)
Capital Stock ....
$
4,428,a3H
10,760,674
*
4.466,476
10,83»,144
$
5,320,600
12,073.953
S
5,320 600
12,132.628
735,415
1,166,492
2,472.374
$
5,3-20,600
12,132,H28
1,665.343
757.359
1,902,531
$
5.320,600
12,08 ,677
2,208.013
724.811
1,183,928
$
5.32(1,600
12,036,677
3,137,940
672,827
475.275
Funded Debt
Coupons Unpaid
Floatin^ Debt
926,588
2.077 460
862,490
2,383,532
1.451,648
3,177,288
Profit and Loss
Total Liabilities ....
18,192,758
17,156,145
18,551,642
17,599,235
22,023,489
17.303,161
1,796,153
93.919
1,20 '.863
132,044
493,079
1.003,210
21,827,509
18,126,865
l,702,S87
97,988
1.218,750
174,348
316,333
190,339
21,778,461
18.126,865
1,702,887
101,081
1,117,843
234,559
187,201
308,3^5
21,518,029
18.126.865
1,657,873
100.825
1,065,343
186.761
175,181
205.180
21,643.320
18,126,865
1,650,744
H '2.789
1,066.743
194,193
235,269
266,717
Road and Outfit
Donated L'inds
Real Estate
127,236
Stocks and Bonds (own)
United States
Materials .
595,384
441,229
374.317
450,855
Sundries and Cash
Total Resources
18,192,758
18,551,643
22,023,489
21,827,510
21,778,461
21,518,028
21,643,320
Statement of the funded debt in detail :
Date of
Issue.
1"
SP,
Interest
Payable.
Principal
Payable.
Amount
Issued.
Amount
Outstanding.
Anuual
Charge.
IstM. Sterl. (£225) non-cf.
Nov. 1. 1853
6
M. & N.
Nov. 1, 1883
$3,410,000
$3,117,000
$187.020
" " " certific.
< 11
8
i ><
u ti
2,566,000
2,482,000
205,280
10-year Interest (O. P. Q,.)
' 1866
8
« <;
" 1876
844,400
842,100
67,368
Inter. Arrearage (F.I to 4)
'1868
8
t (i
" 1883
35,300
33.900
2,712
Funded IntrVt (F. & F.I)
i H
8
i 11
it .1
652,500
642,000
51,360
Si er. (£200) Int. (B. & C.)
'1867
6
i n
(i it
769,920
769,920
46,195
Tenn. Sb. (£ >05 or $1,000)
Ju y , 1871
7
J. & J.
Ji ly 1, 1901
1,685,000
1,668,COO
116,760
3d M. Series R. S. T. U...
Mar. 1, 1867
8
March 1.
Mar. 1,1877
909,400
893,500
71,480
" Series Rr. Ss., & Uu...
'1871
8
. 41
11 11
256,200
256,2(0
20,496
Liquidation or 4th Issue .
' 1872
8
I 11
" 1882
62,204
59,553
4,764
11 t( 41
' 1873
8
1 11
" 1883
241.954
241,954
19,356
Gainesville Br.— sp. issue.
Nov. 1, 1870
8
M. & N.
Nov. 1, 18sO
53,0(0
53,000
4,240
C'vertible — issue for stock
Dec. 1, 1872
8
M. J. S. D.
Dec. 1, 1883
1,000,1)00
977,550
7«,204
Total amount of bonds and annual charge $12,485,878 $12,036,677 $875,235
Directors (elected April 26, 1876).— W. Butler Duncan, New York, N. Y.; T. Has-
kins Du Puy, Philadelphia, Pa.; Wm. H. Hays and R. K. Dow, New York, N. Y.;
W. P. Halliday, Cairo, 111. ; A. Murdock and J. M. Billups, Columbus, O.; A. Foster
Elliot, New Orleans, La.; and W. H. Pratt, Henry Hall, Moses Waring, and A. J.
Gillespie, Mobile, Ala.
WILLIAM BUTLER DUNCAN, President New York, N. Y.
T. Haskius Du Puy, Vice-President Philadelphia, Pa.
William Butler Duncan, I Trustee* and Receivers j New York, N. Y.
A. Foster Elliot — j in Charge of Property. | New Orleans, La.
Gen. Manager, Attorney and Agt... , . . A. L. Rives.
A#st. Gen. Superintendent Cecil Fleming.
Superintfiideut Northern Division . . E. S. Hosford.
Treaxvrer A. L. Willoughby.
Auditor.. ...C. A. Wetton.
Gen. Freight and Passenger Agt C. L. Fitch.
Land Conwiist-ioner A. S. Gaines.
Gen. Solicitor E. L. Russell.
Maxt-r Mechanic R. H. Brigsrs.
Master Car Builder. .. . . . J. T. Booth.
PRINCIPAL OFFICE AND ADDRESS Mobile, Ala.
New York Office No. 11 Pine Street, New York, N. Y.
KAELROAD MANUAL OF THE UNITED STATES. 531
MONTGOMERY AND EUFAULA RAILROAD.
Line of Road. — Montgomery, Ala. , to Eufaula, Ala 80 miles.
Sidings and other tracks, 3.5 miles. Gauge, 5 feet 2 inches. Bail, 5C Ibs.
Chartered January 13, 1860. Opened from Montgomery to Union Springs, June
10, 1869 ; to Eufaula, October 1, 1871 ; and to a connection with Southwestern of
Georgia in May, 1873. Property in hands of Receiver since 1873, and adjudged for
sale on account of 2d mortgage bondholders.
Rolling1 Stock. — Locomotive engines, 6. Cars — passenger, 6 ; baggage, mail
and express, 2 ; and freight, 51 — viz. : box, 39; and platform, 12 — total revenue cars,
59. Also, service cars, 15.
Operations for year ending October 31, 1877. — Earnings from passengers,
$59,757.26; from freight, $152,862.18; other sources, $5,754.16— total, $218,373.60.
Operating expenses, $184,974.90; net earnings, $33,398.70.
The road has been for several years in the hands of a Receiver.
Financial Statement, October 31, 1877.— Capital stock, $1,149,350 ; funded debt,
$1,810,000 ; Bills payable, $53,036.37 ; other liabilities, $1,329,720.94— $4,342,107.31.
Per contra : Cost of road and equipment, $3,142,999.61 ; other assets, $1,199,107.70 —
total, $4,342,107.31.
Statement of funded debt in detail :
Classes of Securities.
Date of
Issue.
Date of
Redemp-
tion.
Interest.
Payable.
Amount of
Bonds.
Annual
Interest.
let Mort. (gold), Ind. by Ala. . .
2d "
1860.
1870
1886.
1900
8 p. c.
8 "
Mar. & Sept.
June & Dec
$1,280.000
500 000
$10-2.400
40 000
Funding Mortgage (preferred) . .
1866.
1871.
6 "
t. u
30,000
1,800
By decree of U. S. District Court, the funding mortgage was declared to be
superior to all other claims, liens, or mortgages, December 22, 1876.
A. J. LANE, President and Receiver Montgomery, Ala.
Secretary and Treasurer L. Wells.
Superintendent and Parch. Agt B. Dunham.
JRoad Master M. L. Ansley.
Master of Machinery D. W. Haines.
Ticket Agent T. P. Wells.
Master Car Repairs J. W. Rowell.
PRINCIPAL OFFICE AND ADDRESS Montgomery, Ala.
NEW OBLEANS AND SELMA BAILBOAD. (In Progress.)
Line of Road. — New Orleans, La., to Selma, Ala 240 miles.
In operation : Selma, Ala., to Martin, Ala 21 "
Sidings and other tracks, 1 mile. Gauge, 5 feet. Rail, 50 Ibs.
Rolling Stock. — Locomotive engine, 1. — Cars — passenger, 1 ; baggage, mail
and express, 1 ; freight — box, 1 ; and platform, 6 — total, 9.
Ko account of operations or financial condition furnished. Information refused.
532 RAILEOAD MANUAL OF THE UNITED STATES.
Directors.— C. M. Shelley, E. G. Barney, A. White, Wells E. Bill, P. D. Barker
John Hardy (vacancy), all of Selma.
C. M. SHELLEY, President Selma, Ala.
Secretary and Treasurer D. P. Barker | Superintendent and Engineer. .T. Haskins Dupuy.
General Freight and Ticket Agent F. G. Ellis.
PRINCIPAL OFFICE AND ADDRESS Selma, Ala.
SAVANNAH AND MEMPHIS KAILEOAD.
Line of Road. — Opelika, Ala., to Good water, Ala 60 miles.
Sidings and other tracks, 3 miles. Gauge, 5 feet. Rail, 50 Ibs.
Chartered December 9, 1859. Opened to Camp Hill, 22 miles, in 1869 ; to Dade-
ville, 30 miles, in 1871, and to Goodwater in 1874. The bonds of the company to the
extent of $16,000 per mile are endorsed by the State. No interest was ever paid on
the issues, and the road was placed in the hands of a Receiver, December 18, 1877.
Boiling Stock. — Locomotive engines, 2. Cars — passenger, 1 ; baggage, mail and
express, 1 ; and freight (box, 4 ; and platform 9), 13 — total, 15.
Operations for year ending June 30, 1876 (last reported). — Trains run, 44,639
miles. Passengers, 8,o71. Freight (including cotton, 7,333 bales), 9, 035 tons. — Gross
earnings, $43,220.94; and expenses, $27,102.44; net earnings, $16,118.50, or less
State taxes ($1,729.43), $14,387.07.
Financial Statement, June 30, 1876.— Capital stock, $2,321,079.78; 1st mortgage,
Ala. endorsed 8 per cent, bonds (deposited as collateral), $132,000; 1st mortgage 7
per cent., $2,005,000, and bills payable, coupons, etc., $330,617.86. Total, $4,788 tare
tax. Per contra : Construction ($77,093.29 per mile), $4,625,597.63 ; Ala. State 4 per
cent, gold bonds, $98,000; cash and accounts, $4,724.58; and profit and loss, $60,-
375.63— total, $4,788,697.84.
Directors (elected August 4, 1877). — P. P. Dickinson, W. J. Davidson, New York,
N. Y. ; W. L. Salisbury and T. E. Blanchard, Columbus, Ga. ; R. J. Thornton, Tus-
kegee, Ala. ; R. M. Greene and W. B. Shapard, Opelika ; A. D. Sturdevant, Dadeville,
Ala., and W. K. Simpson, Kellyton, Ala.
P. P. DICKINSON, President. . . No. 79 Cedar Street, New York City.
W. L. Salisbury, Vice-President Columbus, Ga.
W. S. Greene, Treas., Rec'r, Secretary, and Supt Opelika, Ala.
Ticket and Freight Agt K. Hugh Nesbitt. I Superintendent of Bridges T. J. Wheeler.
Road Master J. H. Waite. | Master of Machinery R. A. Bridges.
PRINCIPAL OFFICE AND ADDRESS Opelika, Ala.
SELMA AND GULF KAILEOAD. (In Progress.)
Line of Road. — Selma, Ala., to Pollard, Ala 100 miles.
In operation : Selma, Ala., to Pineapple, Ala 40 "
Sidings and other tracks, 0.50 mile. Gauge, 5 feet. Rail, 56 Ibs
BAILROAD MANUAL OF THE UNITED STATES. 533
Chartered in 1866, and opened May 1, 1871. The present company is bankrupt.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 1 ; baggage, 1 ; and
freight, 9 — total revenue cars, 11. Service cars, 5.
Operations. — No report furnished. All information refused.
Financial Statement, December 31, 1876. — Capital stock, $25,000 per mile. First
mortgage 8 per cent, bonds guaranteed by State of Alabama, $16,000 per mile. These
bonds bear date January 1, 1870, and run 20 years. Interest (unpaid). April 1 and
October 1.
SAMUEL G. JONES, President. Selma, Ala.
tary N. H. R. Daweon. Peceirer a*>d Superintendent W. R.
surer W. J. Tipton. Freight and Ticket Agent R. Ti
PRINCIPAL OFFICE AND ADDRESS Selma, Ala.
SELMA, MAEION AND MEMPHIS E. E. (In Progress.)
Line of Road. — Selma, Ala., to Memphis, Tenn 280.00 miles.
In operation : Marion Junction (16 m. W. Selma) to Sawyerville, Ala. .. 43.05 "
Sidings and other tracks, 1.29 mile. Gauge, 5 feet. Rail, 56 Ibs.
The southern part of this road was chartered as the Marion and Cahawba R. R.
The present line was completed in 1872.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 2 ; baggage, mail
and express, 1 ; and freight, 18 — total revenue cars, 21. Service cars, 3.
Operations. — All information refused.
Financial Statement.— Capital stock authorized, $7,000,000; subscribed, $2,547,-
847.89 ; and paid up, $1,958,710.20. Funded debt, 1st mortgage 8 per cent. Alabama
State endorsed bonds (dated September 1, 1869, and to run 20 years), authorized
$1,888,000; and 1st mortgage 7 per cent, (gold) sinking-fund bonds (dated July 1,
1873, and to run 30 years), authorized, $0,000,000; and other liabilities (not in-
cluding back interest), $724,529.14. No statement is made as to the amount of bonds
sold. The road had cost to close of 1874, $1,807,693.17. The company made default
in the interest on its bonds in 1872, and the road was placed in the hands of a Re-
ceiver in May, 1876.
PORTER KING, President Memphis, Tenn.
A. M. Fowlkes, Receiver Marion, Ala.
Sec. and Treas.—R. L. Daniel Marion, Ala. | Superintendent— E. W. Rucker Marion, Ala.
PRINCIPAL OFFICE AND ADDRESS Marion, Ala.
SELMA, EOME AND DALTON EAILEOAD.
Line of Road. — Selma, Ala., to Dalton, Ga 237 miles.
Sidings and other tracks, 11.90 miles. Gauge, 5 feet. Rail, 56 Ibs.
534:
KAILKOAD MANUAL OF THE UNITED STATES.
Successors of the Alabama and Tennessee River B. R. Co., chartered March 4,
1848. The original project was a line between Selma and Gad^den, 167£ miles.
Construction was commenced in November, 1850. By 1855 the road was opened to
Montevallo (77 miles), and by 1858 to Blue Mountain (136 miles). The company was
reorganized (August 8, 1866) under present title, and completed the road to Rome in
1858. The Georgia division (Rome to Dalton) was opened for traffic June 1, 1870.
The company received a land grant of 481,920 acres, under the act of June 3, 1856.
Default was made on all interest soon after the opening of the road (1871), arid the
property, including land grant, ordered by a chancery decree, March 24, 1874, to be
gold, and the proceeds to be distributed according to the priority of claims. The por-
tion of the road in Georgia (65 miles) was sold in November, 1874, and reorganized as
the Georgia Southern R. R. Co. ; the portion in Alabama is still in litigation to estab-
lish the priority of the several classes of securities.
Rolling' Stock. — Locomotive engines, 39. Cars of all kinds, 429.
Operations. — A.11 information refused.
Financial Statement. — None furnished. Bonds were issued under two mort-
gages by the Ala. and Tenn. River R. R. Co., and by the S. R. and D. R. R. Co., under
a 1st mortgage to.the amount of $5,000,000, and under a 2d mortgage for $600,000 —
the two latter in 1867 and 1871. There are also mortgages on the land grant and on
the equipment. The nominal account of the capital stock was $4,000,000. The last
statement of cost of the road made 1872, was $12,980,000.
JOHN TUCKER, Receiver Selma, Ala.
Treasurer— Robert Lapsley Selma, Ala. | Superintendent— M. Stanton Selma, Ala.
PRINCIPAL OFFICE AND ADDRESS Selma, Ala.
SOUTH AND NOKTH ALABAMA BAILED AD.
Line of Road. — Decatur, Ala., to Montgomery, Ala 183 miles.
Sidings and other tracks, 22.34 miles. Gauge, 5 feet. Rail, 57 and 60 Ibs.
This road was completed and opened October 1, 1872. It is controlled by the
Louisville and Nashville R. R. Co., owners of a majority of the capital stock. They
operate it in connection with their own lines, forming therewith a through line be-
tween Louisville and Montgomery, 490.3 miles long.
Rolling' Stock. — Locomotive engines, 1. Cars — passenger, 1 ; baggage, 1 :
caboose, 2 ; and freight (box, 20 ; and platform, 32), 52 — total, 56. Other rolling stock
furnished by L. and N. R. R. Co.
Operations for year ending June 30, 1877.— Trains run— passenger, 269,017, and
freight, 326,083 — total, 595,100 miles. Passengers carried, 76,647 ; carried one mile,
5,483,240. Freight moved, 476,536 tons ; moved one mile, 86,919,396 tons.
Expenditures.
Passenger, Express, Mail, etc $218,684 10
Freight 342,14171
Earnings.
From Passengers $177,892 87
" Freight 538,88941
" Express, Mail, etc 41,89973
$758,682 01
$560,825 81
KAILBOAD MANUAL OF THE UNITED STATES.
535
Balance— net earnings, $197,856.20. Interest on bonded debt, $304,997.65, and
hire of engines and cars, $73,158.93 — total, $438,156.58. Deficit (advanced by L. and
N. R. R. Co.),$240,300.38. Total advances made during the year, $436,449.16, includ-
ing for construction, $23,093.43 ; for purchase of sterling bonds, $62,288.36, and for
advances and interest on old account, $110,766.99, and the deficit asabove, $240,300.38.
Abstract of operations for five years :
1872-73.*
1873-74.
1874-75.
1875-76.
1876-77.
Train Miles
417.343
404,318
354,952
423,063
595,100
Gross Earnings
I
483,628 20
$
561/775 43
$
554,9-.'! 11
$
675,3->3 03
$
758,682 01
Operating Expenses
524 870 37
465,1195 49
389,186 39
419,092 89
560,825 81
Net Earnings . . ....
t
95,579 94
165,734 72
256,230 14
197,856 20
Gross Earnings per Mile
2.642 78
3,067 08
3,032 36
3.690 29
4,145 80
Expenses to Earnings
108.53 p. c.
82. 97 p. c.
70.31 p. c.
62.06 p. c.
73.92 p. c.
* Nine months. % Loss, $41,242.17.
Financial Statement (June 30, 1877).— Cost of road and equipment $10,013,-
416.34, or $54,718.12 per mile. Stock (June 30, 1875, latest report), common, $1,461,-
767.43; and preferred, $2,000,000— total, $3,461,767.43. Funded debt, 1st mortgage
sterling 6 per cent, sinking fund bonds, guaranteed by L. and N. R. R. Co., $5,211,810,
and 2d mortgage 7 per cent currency bonds, $1,000,000.
The 2d mortgage bonds are owned by the L. and K R. R. Co., to whom they
were delivered in repayment for advances. The company has also transferred to the
L. and N. R. R. Co. about 500,000 acres of lands in Alabama, being the government
land-grant accruing to the road. A large portion of this land is mineral, and is now
being rapidly disposed of to settlers and operators.
JAMES W. SLOSS, President Montgomery, Ala.
Robert Meek, Superintendent .- . . .Birmingham, Ala.
PRINCIPAL OFFICE AND ADDRESS Montgomery, Ala.
TUSKEGEE KAILEOAD.
Line of Railroad.— Tuskegee, Ala., to Chehaw, Ala 5.50 miles.
Sidings, 0.25. Gauge, 5 feet. Rail, 40 Ibs.
This road is operated as a branch of the Western R._R. of Alabama, but no report
of its operation or financial condition is furnished.
Officers, etc. — Not reported.
536
KAILROAD MANUAL OF THE UNITED STATES.
VICKSBUKG AND BEHNEWICK EAILEOAD.
Line of Road.— Eufaula, Ala., to Clayton, Ala 21.5 miles.
Sidings and other tracks, 1.07 mile. Gauge, 5 feet. Rail, 54 Ibs.
Rolling1 Stock. — Locomotive engines, 2. Cars — passenger, 2 ; baggage, mail and
express, 2 ; and freight, 32 — total, 36. Also, service cars, 4.
The road is operated in connection with the Southwestern R. R. of Ga. and by the
Central R. R. Co. of Ga.
Operations not reported.
Financial Statement, December 31, 1877. — Capital stock, $765,000, which
amount represents the cost of road, etc.
ELI S. SHORTER, President Eufaula, Ala.
Secretary and Treasurer John J. Smith. | Engineer and Supt Virgil Powers.
PRINCIPAL OFFICE AND ADDRESS Eufaula, Barbour Co., Ala.
WESTEEN EAILEOAD OF ALABAMA.
Line of Road. — Selma, Ala., to Opelika, Ala 116 miles.
Branches, named below 51 "
Total length of road operated 167 miles.
Sidings and other tracks, 5.5 miles. Gauge, 5 feet. Rail, 50 and 56 Ibs.
Consolidation (September 1, 1870) of the Montgomery and West Point, char-
tered January 15, 1834, and opened in 1851 and 1854, and the Western of Alabama,
opened in December, 1870. Sbld in foreclosure May 10, 1875, and delivered to the
purchasers, the Georgia and the Central of Georgia R. R. Cos., June 1, 1875. The first
operates the line from West Point to Opelika, and the other the line from Columbus
to Opelika; the line thence to Selma is common to both the companies.
Rolling* Stock. — Locomotive engines, 19. Cars — passenger, 15 ; baggage, mail
and express, 8^'; shanty, 10 ; conductors', 6 ; and freight (box 165 ; platform, 52 ; and
coal, 16), 223 — total revenue cars, 272. Also, pay car, 1 ; and dump cars, 10.
Operations for year ending August 31, 1877. — Trains run, 307,866 miles.
Earnings.
From Passengers $148,567 96
" Freight 289,492 80
" Express, Mail, etc 29,53667
$467,597 43
Expenditures.
For Operating Expenses $315,841 97
Taxes 14,736 55
New Rails (extra) 36,494 46
$367,072 98
Balance — net earnings, $100,524.45.
RAILROAD MANUAL OF THE UNITED STATES.
Abstract of earnings and expenses, etc., for seven years:
537
1870-71.
1871-72.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
Gross Earnings
$
668.175 22
$
626.504 44
659,916 43
i
1
484,298 27
$
491,458 26
$
467 597 43
Expenses, taxes, etc
443,023 19
475,970 54
494,293 75
423,490 02
370,370 13
367,072 98
Net Earnings
225,152 03
150,533 90
165,622 11
60,808 25
121,088 13
100,524 45
Gross Earnings per Mile. .
4,001 05
3 751 52
8,951 59
2,900 00
2,942 80
2800 00
Expenses, etc., "
2,652 83
2,850 12
2,959 85
2,535 86
2,217 80
2,198 00
Net Earnings per mile
1,348 22
901 40
991 74
364 14
725 00
602 00
Expenses, etc. to Earnings
66.31 p. c.
75.97 p. c.
74.90 p. c.
87.44 p. c.
75.36 p. c.
78.50 p. c.
Interest of the bonded debt is paid equally by tbe Georgia and the Central of
Ga. R. R. Cos., and the net earnings accrue equally to the two companies, the distri-
bution to each having been since reorganization to August 31, 1877 (27 months), $92-
500, or in all $185,000. The annual interest on the bonds is $204,240, or for the 27
months, $464,540. Loss to operating companies, $275,540.
General Balance, August 31, 1877.
Eoad and Outfit $3,275,011 63
Paid Central R. R. and Bkg. Co 40,000 00
Paid Georgia R. R. and Bkg. Co 40,000 00
Open Accounts, Cash, etc 48,642 41
Central R. R. and Bkg. Co $361.005 g2
Georgia R. R. and Bkg. Co 361,005 82
Funded Debt ($15,287.42 p. m.) 2,553,000 00
Income and Accounts 128,652 41
$3,403,664 04 $3,403,664 04
The foreclosure of this property sunk the capital stock $2,448,324 ; income bonds,
$602,900, and a large amount of floating debt.
E. P. ALEXANDER, President and General Man. ..Montgomery, Ala.
Sec. and Treasurer J. T. Todd. Auditor H. M. Abbett.
Freight and Passenger Agent.... S. D. Hubbard, Jr. Master Mechanic Robert King.
PRINCIPAL OFFICE AND ADDRESS Montgomery, Ala.
538
KAILROAD MANUAL OF THE UNITED STATES.
STA.TE OF MISSISSIPPI.
Area, 47,156 square miles. Population, 850,922. Assessed valuation, $130,799,520.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Track.
Length of Lines.
Total.
Miss.
1. Alabama Great Southern
.[Alabama
Ft. In.
5:
5 :
5:
5:
5 :
5:
5 :
3:6
5:
3 :6
5 :
3:
4:8^
M.
290.00
571.00
8.00
300.56
100.00
11.00
528.60
34.50
141.00
26.00
142.00
5.00
27.50
jr.
18.00
321.00
8.00
38.50
90.00
11.00
312.80
34.50
76.80
23 00
142 00
5 00
7.50
2. Chicago, St. Louis and New Orleans
3. Grand Gulf and Port Gibson
..fLa.
4. Memphis and Charleston
. [Alabama
5. Mississippi and Tennessee
6. Mississippi Valley and Ship Island.
7. Mobile and Ohio
. [Alabama
8. Natchez, Jackson and Columbus! . . .
9. New Orleans and Mobile
[Louisiana
10. Ripley
11. Vicksburg and Meridian. .
12. Vicksburg and Nashville
13. West Feliciana
[Louisiana
Total Length
2,185.16
1,088.10
GEAND GULF AND POET GIBSON KAILEOAD.
Line of Road. — Grand Gulf, Miss., to Port Gibson, Miss 8 miles.
This road was opened in 1876, but no report of operations or financial condition
is furnished.
Officers, etc. — Not reported.
RAILROAD MANUAL OF THE UNITED STATES.
539
GKEENVILLE, COLUMBUS AND BIRMINGHAM E. R.
Line of Road. — Greenville, Miss., to Stoneville, Miss 9.5 miles.
Sidings and other tracks, 0.48 mile. Gauge, 3 feet. Rail, 35 Ibs.
The road is projected from Greenville, Miss., to Birmingham, Ala., 255 miles.
The company was chartered March 4, 1873, as the Arkansas and Grenada R. R. Co.
The fiist division from Greenville to the crossing of the Chicago, St. Louis and New
Orleans Railroad, 85 miles, is under construction, and 9£ miles in operation, having
been opened January 11, 1878.
Rolling1 Stock. — Locomotive engines, 1. Cars, 13.
Operations while under construction. — Passengers carried, 1,579 ; freight moved,
1,125 tons ; gross earnings, $3,675.60.
Financial Statement, December 31,1877.— Capital stock, $350,000; funded debt,
first mortgage 8 per cent, bonds, due 1898, $80,000 ; expended on construction, etc.,
$117,000.
C. P. HUNTINGTON, President Construction Co Greenville, Miss.
Chief Engineer T. S. Anderson. | Secretary and Treasurer Henry P. Irish.
Superintendent— J as. E. Negus, Jr Greenville, Miss.
PRINCIPAL OFFICE AND ADDKESS Greenville, Miss.
MISSISSIPPI AND TENNEgSEE KAILEOAD.
Line of Road. — Grenada, Miss., to Memphis, Tenn 100 miles.
Sidings and other tracks, 8.40 miles. Gauge, 5 feet. Rail, 56 and 58 Ibs.
Chartered in October 1852; construction commenced in June, 1854, and line
opened for traffic in June, 1857.
Rolling Stock. — Locomotive engines, 11. Cars — passenger, 10 ; combination,
2 ; baggage, 3 ; caboose, 4 ; freight (box, 80 ; platform, 44 ; stock, 8 ; and hurdle,
12), 144 — total revenue cars, 163. Also, 20 service cars.
Operations for year ending September 30, 1877. — Trains run — passenger, 109,-
744; freight, 87,650— total, 197,394 miles.
Earnings.
Prom Passengers $110,671 02
" Freight 310,231 91
" Express, Mail, etc . . 12,537 45
$433,440 38
Expenditures.
For Maintenance of Way $84,275 29
" EollingStock 81,60748
" Transportation, etc .- 54,789 74
f 220,672 33
Balance— net earnings, $212,768.05. Less— salaries, $5,958.33 ; taxes, $6,585.87 ;
sundry expenses, $13,982.66— total, $20,568.53. Balance for interest, etc., $192,199.52.
Coupon interest paid, $142,388, and interest on Tenn. bonds, $18,497.64. Surplus to
profit and loss, $31,313.88.
540
BAILROAD MANUAL OF THE UNITED STATES.
Abstract of operations, etc. , for seven years :
1870-71.
(1U) m.)
1871-72.
(100 m.)
1872-73.
(100 m.)
1873-74.
(100 m.)
r!874-75.
(100 m.)
1875-76.
(100 m.)
1876-77.
(100 m.)
Train Miles
245,025
$
486,071
258,958
265,171
$
522,645
268,152
273,595
$
560,651
319,7-22
283,440
8
500,732
276,096
249,807
$
455,911
244,578
237,659
$
469,272
227,474
221,719
$
433,440
220,672
Gross Earnings
Operating Expenses
Net Earnings
227,113
120,980
29,707
76,426
4,860 71
2,589 58
254,493
164,090
72,729
17,674
5,226 45
2,681 52
240,929
206,202
15,713
19,014
5,606 51
3,197 22
224,636
160,785
16,811
47,040
5,007 32
2,760 96
211,333
170,282
20,459
20,592
4,559 11
2,445 78
241,798
165,762
18,142
57,894
4,692 72
2,274 74
212,768
160,886
20,568
31,314
4,334 40
2,206 72
Interest
Taxes (Miss.), Salaries, etc..
Balance to Credit
Gross Earnings 'per Mile
Oper. Expenses " " ....
Net Earnings per Mile
2,271 13
53.27 p. c.
2,544 93
51.31 p. c.
2,409 29
57.03 p. C.
2,246 36
55.13 p. c.
2.113 33
53.64 p. c.
2,417 98
48.47 p. c.
2,127 68
49.08 p. c.
Expenses to Earnings
General Balance, September 30, 1877.
Construction $2,956,654 08
Road Expenses 220,672 33
Coupons and Interest 160,885 64
Sundry Accounts 107,436 31
Profit and Loss 59,179 64
$3,504,828 CO
Capital Stock $825,40000
Funded Debt 1,854,900 00
Tennessee Loan 299,814 00
Bills, Payable, etc 91,18362
Road Receipts, 1876-77 433,440 38
$3,504,828 00
Abstract of general balances (September 30) for seven years :
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Capital Stock
$
825,407
$
825,407
$
825,407
$
825,407
$
825,400
$
825,400
•S
825,400
Funded Debt
2,196 549
2,286,047
2,311,214
2,265,744
2,265,744
2,173,074
2,154,714
Floating Debt, etc
662,296
163,085
136,1-21
149,665
112,644
101,120
91,184
Gross Earnings
486,071
522,6-15
560,651
500,732
455,911
469,272
443,440
Total Liabilities
4,170,323
3,797,184
3,833,393
3,741,548
3,659,699
3,568,866
3,504,828
Construction, etc
2,885,388
2,912,231
2,913 633
2 932 430
2,956,654
2,956.654
2,956,654
Expenses, Interest, etc
409,645
504,971
541,637
443,693
435.319
411,378-
402,126
Bills, Accounts, etc
167.056
113,078
120,026
149,245
80,716
91,987
86.868
Profit and Loss, etc
698,234
266,904
258,097
216,180
187,010
108,847
59,180
Total Resources
4,170,323
3,797,184
3 833 393
3 741 548
3 659 699
3 568 866
3,504,828
Statement of funded debt in detail :
; Classes of Bonds.
Date of
Issue.
Rate.
Interest
Payable.
Principal
Payable.
Amount
Out-
standing.
Annual
Charges.
1st Mortgage
Apr. 1, 1856.
Sept. 1, 1866.
Various.
tstandineland
7p.c.
8 "
6 "
A.nnua
Apr. & Oct.
Jan. & July
Jan. & July
I Charges...
Apr. 1, 1876
Sept. 1, '81-'93
Various.
$600.000
1,254,900
299,814
$42,000
100,392
17,989
Consolidated Mortgage
Tennessee Loan
Total Amount of Bonds Ou
82,154,714
$160,381
KAILROAD MANUAL OF THE UNITED STATES. 541
The funded debt will be consolidated in 25-year consolidated bonds, authorized
by the stockholders July 30, 1877. The amount authorized is $2,100,000, included
under head of profit and loss in above table. For 1871 are $698,234 for funded
coupons.
Directors (elected November 21, 1877).— H. S. McComb, Wilmington, Del. ; E.
C. Walthall, N. Howard, Grenada, Miss. ; A. M. West, Holly Springs, Miss. ; F. M.
White and A. T. Lacey, Memphis, Tenn. ; N. R. Sledge, Como, Miss. ; R. P. Neeley,
Bolivar, Tenn. ; and John Robertson, De Soto County, Miss. Tennessee State Direc-
tors— Joseph Lenow, Jacob Thompson, and Enoch Eusley.
H. S. McCoMB, President Wilmington, Del.
F. M. White, Vice-President Memphis, Tenn.
Secretary and Treasurer S. H. Lamh. I Gen. Frqf. and Tkt. Agent A. J. Knapp.
Superintendent Michael Burke. | Master Mechanic Joseph King.
PRINCIPAL OFFICE AND ADDRESS Memphis, Tenn.
MISSISSIPPI YALLEY AND SHIP ISLAND EAILEOAD.
Line of Road. — Vicksburg, Miss., to Goodrum's, Miss 11 miles.
Sidings and other tracks, 0.5 mile. Gauge, 5 feet. Rail, 56 Ibs.
Rolling; Stock. — Locomotive engine, 1 ; platform cars, 6.
The distance from Vicksburg to Ship Island Harbor is 210 miles. The finished
section of the line was opened in 1872. Since 1873 the company have been involved
in litigation, and it is impossible to make any statement of its present condition. The
road so far has been built altogether from bonds issued by the State of Mississippi,
the County of Warren, and the City of Vicksburg.
N. H. HARRIS, President Vicksburg, Miss.
J. P. Harper, General Manager " "
PRINCIPAL OFFICE AND ADDRESS.. .Vicksburg, Warren County, Miss.
NATCHEZ, JACKSON AND COLUMBUS KAILKOAD.
Line of Road. — Natchez, Miss., to Big Lick, Miss 34.5 miles.
Sidings and other tracks, 1 mile. Gauge, 3 feet 6 inches. Rail, 35 Ibs.
Chartered July 21, 1870, and opened to Fayette, 26 miles, in September, 1876,
and to Big Lick in February, 1878. Located to Jackson.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 1; freight (box, 1;
stock, 4; and platform, 6), 11 — total, 12.
542 BAlLROAD MANUAL OF THE UNITED STATES.
Operations for year ending December 31, 1877 (over 26 miles) — Cotton hauled,
5,462 bales. Gross earnings— passenger, $5,853.09 ; and freight, $18,639.64 — total,
$23,992.73. Operating expenses, $12,986.65. Net earnings, $11,006.08.
Financial Statement,— Capital stock, $335,232 ; funded and fundable debt, $72,-
539.57; floating debt— bills, $7,030; and balances, $2,650.12 ; and income balance,
$11,006.08— total, $428,457.77. Per contra : Construction and equipment, $403,366.23;
cash assets, $5,017.16 ; and profit and loss, $20,074.38— total, $428,457.77.
The funded debt consists of 1st mortgage 7 per cent, bonds, dated May 1, 1876 ;
interest payable semi-annually, May and November, and principal in 20 years after
date.
Directors (elected January, 20, 1878).— T. 0. Baker, J. W. Henderson, H. Frank,
B. F. Learned, W. T. Morton, P. H. McGraw, T. L. Millen, 0. S. Miles, R. North,
B. Pendletou, S. E. Rumble, J. C. Schwartz, and S. Ullman.
WILLIAM T. MARTIN, President Natchez, Miss.
Treasurer G .W. Koontz. | Sect. & Supt J. H. Fitzpatrick. | Chief Engineer Niles Meriwether.
PRINCIPAL OFFICE AND ADDRESS Natchez, Miss.
KIPLEY EAILKOAD.
Line of Road. — Ripley, Miss., to Middleton, Tenn 26 miles.
Sidings, etc., 1 mile. Gauge, 3 feet. Rail, 30 Ibs.
This road has been in operation several years, but all information in regard to its
operations or financial condition is refused. At Middleton it connects with the Mem-
phis and Charleston R. R.
Officers, etc. — Not reported.
YICKSBUKG AND MEKIDIAN EAILKOAD.
Line of Road. — Vicksburg, Miss., to Meridian, Miss 140 miles.
River Branch, 2 miles. Sidings, etc., 10 miles. Gauge, 5 feet. Rail, 40 to 50 Ibs.
Consolidation (1856) of Vicksburg and Jackson, chartered in 1835, and Southern,
chartered in 1837. Opened, Vicksburgh to Jackson, in 1841, and to Meridian in 1860.
Rolling Stock. — Locomotive engines, 17 ; Cars — passenger, 10 ; smoking, 2 ;
baggage, 3 ; freight (box, 65 ; and platform, 44), 109 — total, 124 ; also, 6 service cars.
Operations for year ending February 28, 1877. — Trains run — passenger, 108,981 ;
freight, 76,162 — total, 185,143 miles. Passengers carried, 57,676 ; carried one mile,
2,389,152. Freight moved, 49,461 tons. Earnings— passengers, $136,304.72 ; freight
$254,308.97; express, mail, etc., $21,071.36— total, $411,685.05. Operating expenses,
$305,855.16. Net earnings, $105,829.89.
RAILROAD MANUAL OF THE UNITED STATES.
543
Abstract of operations, etc., for seven years :
1870-71.
1871-72.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
252988
181 288
227 837
232 748
199 005
242 771
9^0 14&
$
$
$
$
$
$
•S
Gross Earnings 539,966 22 40%2I9 82 540,181 84 517,174 01 421,893 04 478,372 75 411,685 05
Operating Expenses 404,47964 321,71444 398,84552 328,07836 314,82076 302.31)140 305,85516
Net Earnings 135,486 58 81,505 38 141,336 32 189,095 65 107,072 28 175,981 35 105,829 09
Gross Earnings per Mile.... 3.85690 2.88014 3,85844 3.69410 3,01352 3,40266 2,94061
Proportion Working Exp. . . 74.98 p. c. 79.78 p. c. 73.84 p. c. 63.44 p. c. 74.86 p. c. 63.19 p. c. 74.29 p. c.
I III
Interest on Bonds 56,55979 129,00064 126,85917 120,03576 80,97298 110,43569 77,17670
Coupons due up to April 1, 1869, were converted into preferred stock, and since
paid to the extent of available earnings, and any deficiency in preferred stock.
General Balance, March 1, 1877.
Road and Equipment $3,046.143 88
Extension to Mississippi River, etc... 132,836 87
Bills Receivable, etc 68,179 23
Profit and Loss. . . . 1,379,586 85
$4,626,946 83
Common Stock (shares $100) $357,407 69
Preferred (7 per cent.) Stock 1,015,656 60
Funded Debt 3,167,460 16
Bills Payable and Laud Scrip 86,422 38
$4,626,946 83
In I860 the company issued general sinking fund 7 per cent, mortgage bonds (due
January 1, 1890) to the extent of $3,000,000, into which the then outstanding debt
was converted, and means supplied to reconstruct and equip the road. In 1871
special loan (funding mortgage) 8 per cent, bonds (due 1880) were issued for the pur-
pose of funding unpaid coupons. Interest is paid at the Girard National Bank, Phila-
delphia.
Abstract of general balances yearly (March 1) for seven years :
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Common Stock
Preferred Stock. . .
Funded Debt
$
357,407 69
%,r,64 87
2.897,997 89
67,570 22
$
357.407 69
96.664 87
2,929,236 58
86,868 26
*
357,407 69
760,755 18
3,155.4-n 55
128,902 46
$
357,407 69
847,686 10
3,149,033 59
98,228 30
$
357,407 69
905,407 10
3,165,994 96
97,664 79
$
357,407 69
971,469 10
,166,910 71
90.257 88
$
357,407 69
1,015,656 60
3,167,460 16
86,422 38
Bills Payable, etc. .
Total
3,419,640 67
3,036.6-13 88
163,423 67
219,573 12
3,470,177 40
3.038.942 98
270,258 39
160,976 03
4,402,486 88
3,104,510 60
32.449 89
1,265,5£6 39
4,452,355 «8
3,168,426 65
39.156 86
1,244,772 17
4,526,474 54
3,178,980 75
31.339 89
1,316,153 90
4,586,045 38
3,178,980 75
56,874 87
1,350,189 76
4,626,946 83
3,179,180 75
68,179 23
1,379,586 85
Road & Equipment
Cash Assets
Profit and Loss.-..
Total
3,419,640 67
3,470,177 40
4,402,486 88
4,452,355 68
4.526,474 54 4,586,045 38
4,626,946 83
The company, under act of Congress of August 11, 1856, received a laud grant
estimated at 404,800 acres, of which 198,028 acres have been certified, and about
33,000 acres sold. Sold (1876-77) 2,120 acres to 39 purchasers, for $2,365.60. Average,
$1.11^ per acre.
54:4 RAILROAD MANUAL OF THE UNITED STATES.
Managers (elected May 7, 1877). — Morris Emanuel, Thos. Rigby, E. S. Butts,
and A. B. Reading, Vicksburg; Peter Anderson, New Orleans; Thos. M. Smedes,
Jas. R. McDowell, Vicksburg ; Geo. A. Parker, Philadelphia ; J. C. Stanton, Chatta-
nooga ; John A. Klein and R. F. Beck, Vicksburg.
THOMAS RIGBY, President Vicksburg, Miss.
Treasurer and Secretary W. M. Vosburg. Assist. Supt. <£ Gen.Fgt.&TM.Agt.. G.D.Lawrence.
General Superintendent E. F. Kaworth. Master of Machinery J. B. Browne.
PRINCIPAL OFFICE AND ADDRESS Vicksburg, Warren Co., Miss.
VICKSBUKG AND NASHVILLE KAILROAD. (In Progress.)
Line of Road. — Vicksburg, Miss., to Alabama State Line 250 miles.
Gauge, 3 feet, Weight of rail (proposed), 85 Ibs.
Formerly the Grenada, Houston and Eastern R. R. Co. There are said to be 5
miles of road completed somewhere between Okolona and Grenada.
Financial Statement, December 31, 1874. — Liabilities, $50,000. There has been
spent on grading, etc., $168,032.27 ; real estate, $31,807; other items, $63,700— total,
$263,539.27. A first mortgage of $16,000 per mile has been executed, dated July 1,
1872, and bonds at 7 per cent, prepared, due 1892, but no bonds have been issued.
All other and later information refused.
W. F. Tucker, Vice-President Okolona, Miss.
Sec. and Treas. — D. P. Black Houston, Miss. | Engineer — W. S. Moon. ... Okolona, Miss.
PRINCIPAL OFFICE AND ADDRESS Okolona, Miss.
RAILROAD MANUAL OF THE UNITED STATES.
545
STA.TJE OF LOUISIANA.
Area, 41,346 square miles. Population, 835,952. Assessed valuation, $174,705,794.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Tracks.
Length of Lines.
Total.
Louisiana.
1 Baton Rouge Grosse Tete and Opelousas
Ft. In.
5 :6
5:
5:
4:8^
5 :
5:
5 :
5 :
5:6
4:8^
5 :
4:8#
M.
28.00
571.00
21.50
97.25
27.00
14.50
141.00
63.00
73.00
444.00
5.25
27.50
M.
28.00
93.00
21.50
97.25
27.00
14.50
33.00
63.00
73.00
19.50
5.25
20.00
2 Chicago St. Louis and New Orleans
3. Clinton and Port Hudson
4 Louisiana and Texas ( vi organ's)
5. Mexican Gulf (or Southern)
6. New Orleans and Carrollton
7 New Orleans and Mobile
8. New Orleans, Mobile and Texas
9. North Louisiana and Texas
10 Texas and Pacific [Texas
11. Vidalia and Lake Concordia
12. West Feliciana
Total Length. .
1,515.00
495.00
0
BATON EOUGE, GEOSSE TETE AND OPELOUSAS E. E.
Line of Koad.— Baton Rouge, La., to Livonia, La 28 miles-
Sidings and other tracks, 0.66 mile. Gauge, 5 feet 6 inches. Rail, 56 Ibs.
Boiling Stock. — Locomotive engines, 3. Cars— passenger, 2 ; and freight, 15.
All other information refused.
D. C. MONTAN, President, Supt. and Treasurer. ..Baton Rouge, La.
Secretary George Henderson. | Master Mechanic.. George McCabe. | Freight Agent C. J. Barren.
PRINCIPAL OFFICE AND ADDRESS Baton Rouge, La.
35
546 EAILROAD MANUAL OF THE UNITED STATES.
CHICAGO, ST. LOUIS AND NEW OELEANS KAILBOAD.
Line of Road. — New Orleans, La., to Fillmore, Ky 546 miles.
Branch : Dinant, Miss., to Kosciusko, Miss 21 "
Total length of line owned and operated 567 miles.
Sidings, etc., 37.5 miles. Gauge, 5 feet. Rail, 56 Ibs.
This company was formed November 8, 1877, by the consolidation of the New
Orleans, Jackson and Northern and the Central Mississippi R. R. Cos. The former
company was chartered as the N. O., J. and Great Northern R. R. Co., April 22, 1852,
and the road opened from New Orleans to Canton, 206 miles, in 1859. The Mis-
sissippi Central R. R. Co. was chartered in 1852 by the States of Mississippi and
Tennessee, and the road opened from the" Ohio River, opposite Cairo, to Can ton, Miss.,
342 miles, in 1860. Default was made in the payment of interest on the bonds of the
companies whose roads were operated by the N. O., St. L. and C. R. R.Co., in 1876, arid
the roads were placed in the hands of a receiver March 10, 1876. The N. O., J. and
G. N. R. R. was sold under foreclosure, March 17, 1877, and the name changed to N.
O., J. and N. R. R. Co. under reorganization, May 12, 1877. The M. C. R. R. was
sold August 23, 1877, and reorganized as the Central Mississippi R. R. Co. Novem-
ber 5, 1877.
Rolling Stock. — Locomotive engines, 107. Cars — passenger, 35 ; baggage, mail
and express, 241 ; freight (box, 755 ; stock, 95 ; platform, 431 ; coal, 40), 1,321 — total
revenue cars, 1,380. Also, 26 service cars.
Operations for year ending December 31, 1877. — Trains run — passenger, 705,441
miles. Freight, not reported. Passengers carried, not reported. Freight moved,
457,609 tons.
Earnings.
From Passengers $566,079 26
" Freight 2,345,215 49
" Mail and Express 141,37549
Miscellaneous 47,924 83
$3,100,595 07
Expenditures.
For Operating Expenses $2,212,927 46
"Taxes 75,65705
" Extraordinary Expenses 335,265 70
$2,623,850 21
Balance — earnings over all expenses, $476,744.86. Payments — not reported. The
extraordinary expenses were, for repairs, etc., $190,171.81 ; construction and equip-
ment, $145,093.89.
Abstract of operations for four years, prior to consolidation :
Gross
Earnings.
Operating
Expenses.
Net
Earnings.
Interest.
X O J and G N
1871
$707,714 70
Not stated.
~M f1 1 871
546,512 90
Not stated.
N O J and Q. N.,
1872
$1,754,488 60
$903,643 90
85(1,844 70
$360,000 00
M' C 1872
1,425,984 37
847,128 4'i
646,333 50
321,238 00
N O J andG N.,
1873
1,790,489 38
987,228 77
803,260 61
560,000 00
M C , 1873 .
1,442,542 71
823,330 84
619,193 87
560,000 00
N O. St L and C
, 1874-75
3,184,320 65
1,820,377 49
1,363,943 16
1,235,457 41
RAILROAD MANUAL OF THE UNITED STATES.
547
Financial Statement, December 31, 1877. — Capital stock authorized, $10,000,000;
paid in, $8,779,825. Funded debt, $8,728,500 ; other liabilities, $259,000.29— total,
stock, bonds and debt outstanding, $17,767,325.29. Materials on hand, $147,011.95 ;
$117,476.31. Cash on hand, $30,552.30. Tho cost of construction as stated before
the reorganization, June 30, 1875, was $32,598,667.07.
Statement of funded debt in detail, April 30, 1878 :
[nterest.
Amount
Character of Bonds.
Bonds.
Rate.
When
Payable.
When Due.
Authorized.
Out-
standing.
M. C. R. R. Co. 1st Mortgage. . .
" " " 2d
N. O., J. & G. N. R.R. Co. 1st M.
" " " " 2d "
C., St. L. and N. O. let Mortgage
" " " 2d.
Nov. 1, 1854
Feb. 1, 1866
July 1, 1856
Oct. 1, 1860
Nov. 1, 1877
Dec. 1, 1877
7
8
8
8
7
6
May and Nov.
Feb. and Aug.
Jan. and July
Apr. and Oct.
May and Nov.
June and Dec.
Various.
1886
July 1, 1886
Oct. 1, 1890
Nov. 1, 1S97
Dec. 1, 1907
$1,350,000
2,00l ),000
3,000,000
3,000,000
13,000,000
8,000,000
$896,500
1,600,000
2.941,000
1,500,000
1,791,000
Directors (elected March 6, 1878).— W. H. Osborn, James Emott, L. V. F. Ran-
dolph, and Stuyvesant Fish, New York City ; J. C. Clarke, Adolph Schrieber, New
Orleans, La. ; James Fentress, R. P. Neely, Bolivar, Tenn.; Win. Alexander Gordon,
Carters Hill, Miss.; W. K. Ackerman, B. F. Ayer, Chicago, 111.; G, W. Paschal),
Fulton, Ky.
W. H. OSBOUN, President New York City.
James C. Clarke, Vice-President and Gen. Manager, New Orleans, La.
Gen. Tkt.Agt.—F. Chandler.... New Orleans, La.
Treasurer — R. S. Charles New Orleans, La.
Secj-etary— Stuyvesant Fish New York City.
Ftgt. Agt.—D. B. Morey . .
. & Gen. Man. — L. T. Brien Jackson, Tenn. I Purch. Agerj'—J. C. Febiger, Jr.
Auditor — S. B. McConnico New Orleans, La. | Mauler Car DepL—^L. M. Martin McComb City.
PRINCIPAL OFFICE AND ADDRESS 226 St. Charles St., New Orleans, La.
Transfer Office 31 Nassau St., New York City.
CLINTON AND POET HUDSON EAILEOAD.
Line of Road. — Clinton, La., to Port Hudson, La 21.5 miles.
Sidings and other tracks, 1.08 mile. Gauge, 4 feet, 8| inches. Rail, 35 Ibs.
Chartered in 1833, and opened in 1841. It was leased June 1, 1876 to G. C.
Comstock for 60 years. The company are arranging an extension to Baton Rouge,
17£ miles.
Boiling Stock.— Locomotive engines, 2. Cars — passenger, 1 ; baggage, 1 ; and
freight 11 — total cars, 13.
Operations for year ending December 31, 1877. — Gross earnings — passenger,
$12,000; freight, $21,000; mail and express, $650; and miscellaneous, $1,400— total,
$24,250. Operating expenses, $21,000;. net earnings, $3,250. Interest on bonds,
$3,200.
5:1:8 EAILIIOAD MANUAL OF THE UNITED STATES.
Financial Statement. — Capital stock $100,000; and funded debt (1st mortgage
8 per cent. 10-year bonds, dated June 1, 1876, $40,000 — total stock and bonds, repre-
senting cost of road, $140,000.
Directors (elected 1st Monday of April, 1878.) — H. B. Vaughan, B. F. Morris,
Jos. S. Jones and James P. Knox, Clinton, La.; and W. S. Slaughter, Jr., Port
Hickey, La.
H. B. VAUGHAN, President Clinton, La.
Treasurer D. C. Hardee. I CJiief Engineer C.Corcoran.
Secr-etury James P. Knox. | Road Master Dangertield Slow.
PRINCIPAL OFFICE AND ADDRESS Clinton Co. , La.
LOUISIANA AND TEXAS KAILEOAD.
Line of Road. — Algiers, La., to Brashear, La 80.00 miles.
Branches. . ..17.25 "
Total length of main line and branches 97.25 miles.
Sidings and other tracks, 27.33 miles. Gauge, 5 feet 8| inches. Rail, 57 Ibs.
This road was formerly known as the New Orleans, Opelousas and Great West-
ern R. R. It was purchased May 25, 1869, by the late Charles Morgan, for $2,050,-
000, and since operated as a private enterprise, under the name of Morgan's Louisiana
and Texas R. R.
Rolling Stock. — Locomotive engines, 20. Cars — passenger, 19 ; baggage, mail
and express, 9 ; freight — box, 255 ; stock, 87 ; platform and coal, 108 — total, 478.
Operations for year ending December 31, 1872. — Trains run — passenger, 42,150;
freight, 76,650 ; and other, 12,500— total, 181,300 miles. All later information refused.
Trains connect daily with steamers to and from Galveston, Sabine Pass, etc.,
Texas, and also with steamboats plying on the Teche River.
Charles A. Whitney & Co., Agents New Orleans, La.
Secretary — John B. Richardson. .New Orleans, La. | Superintendent — Geo. Pandley . . .New Orleans, La.
PRINCIPAL OFFICE AND ADDRESS. .Magazine, cor. Natchez St., New Orleans, La.
MEXICAN GULF EAILEOAD.
Line of Road. — New Orleans, La., to St. Bernard, La 27 miles.
This road is reported to have been built several years ago, but no information as
to its operations or financial condition is furnished.
Officers, etc,, not reported.
KAILEOAD MANUAL OF THE UNITED STATES. 549
NEW OKLEANS AND CAEEOLLTON EAILEOAD.
Line of Road.— New Orleans, La., to Carrollton, La 14.50 miles.
This road has been in operation several years as a local enterprise. No report of
operations or financial condition furnished.
Officers, etc., not reported.
NEW ORLEANS AND MOBILE EAILEOAD.
Line of Road. — New Orleans, La., to Mobile, Ala 141 miles.
Sidings and other tracks, 7.5 miles. Gauge, 4 feet 8| in. Rail (steel, 32£m.) 56 Ibs.
This road is the eastern division of what was originally the New Orleans, Mobile
and Texas Railroad ; chartered in Alabama, November 24, 1866 ; in Mississippi, Feb-
ruary 7, 1867 ; in Louisiana, August 19, 1869, and in Texas, January 19, 1869.
The original company made default on the interest on their bonds January, 1878,
and the property was sold in foreclosure. at the suit of the 1st mortgage bondholders.
The New Orleans — Mobile Division— has been in the hands of Trustees and Receivers
since February 1, 1875.
Rolling Stock.— Locomotive engines, 24. Cars— not reported.
Operations for year ending January 31, 1878. — Trains run, 544,455 miles. Pas-
sengers carried, 165,416 ; freight moved, 173,186 tons.
Earnings.
From Passengers $301,969 61
" Freight, etc 428,04045
Expenditures.
Operating Expenses $339,354 49
Extraordinary" 232,17495
$730,010 06 $571,529 44
Balance — net earnings, $158,480.62. There was also expended for steel rails,
new works, etc., $286,477.92.
Statement of operations, yearly, for three years :
1875-76.
1876-77.
3877-78.
Three Years.
Grose Earnings
$701,054 57
$672,441 20
$730,010 06
$2,103,505 83
Operating Expenses
278 290 70
308 163 61
339,284 49
925,808 20
Extraordinary Expenses
281,964 67
277,031 58
232,174 95
791,171 20
$560 255 37
$585 195 19
$571 529 44
$1,716,979 40
$140,799 20
$87,246 01
$158,480 62
$386.526 43
Special Expenses
88,199 82
467,709 77
286,477 90
842,387 49
Special expenditures in excess of net earnings, $457,861.06 ; add materials and
fuel purchased in excess of amount used, $32,466.23 ; payment for account of N. O.
Mob. and Tex. R. R. Co. for expenses in excess of receipts from earnings prior to Feb.
ruary 1, 1875, $16,315.43— total, $504,642.72. Certificates of indebtedness (8 per cent.)
550
RAILROAD MANUAL OF THE UNITED STATES.
issued, and payable December 1, 1879, $447,938.32; indebtedness in excess of certi-
ficates, $56,704.40.
Trustees' and Receivers' Balance Sheet, January 31, 1878.
Expenses (oper., extraord. and spec.). $2,559,366 89
N. O., Mob. and Texas R. R. Co 16,315 43
Material and Fuel in excess 32,466 23
Current Account? 25,01745
Cash on Deposit ... 90,745 53
Total $2,723,911 53
Gross Enrning? (3 years) $2,103,505 83
Audited Vouchers 107,613 01
Certificates of Indebtedness 447,938 32
Money Borrowed •. 25,347 33
Current Accounts 39,517 04
Total $2,723,911 53
Financial Statement (Company). — No information. The funded debt consists
of 1st mortgage 8 per cent, currency or 7 per cent, gold bonds, dated January 1,1872,
and payable, interest semi-annually, January and July, and principal January 1,
1915, $12,500 per mile. A like amount of 2d mortgage currency 8 per cent, bonds
(endorsed by the State of Louisiana) was issued. These bear date, May 1, 1871, and
are made payable January 1, 1915. The capital stock was nominally $25,COO. The es-
timated cost of the 141 miles between New Orleans and Mobile is stated at $6,000,000.
EDWARD D. MORGAN, )
JAMES A. RAYNOR, )
Trustees and Receivers . .
j New York.
( New Orleans.
Treasurer John J. Howell.
Superintendent D. B. Robinson.
Auditor . . .B. Steplienson.
Gtn. Freight Agf. W. D. Ripley.
Gtn. Pass, and' Tkt. Agt S. E. Carey.
Eastern (N. Y.) Pass. Agt E. P. Marsh.
PRINCIPAL OFFICE AND ADDRESS New Orleans, La.
NEW ORLEANS, MOBILE AND TEXAS EAILEOAD.
Line of Road. — New Orleans, La., to the Sabine River (Texas line). . .227 miles.
Branches ...260 "
Total length of main and branch lines as projected 487 miles.
In operation. — New Orleans to Donaldson ville 65 miles.
Sidings and other tracks, 3.75 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
Rolling Stock. — Not reported.
Operations. — No report. Information refused.
The original company made default on their January, 1873, coupons, and their
property west of New Orleans and in Louisiana was sold in foreclosure in November,
1874, the first mortgage bondholders being purchasers thereof. The existing com-
pany was formed, February 28, 1876, with a capital of $2,000,000, with power to
increase to $4,000,000. The road is operated by a Trustee. No further informa-
tion furnished.
F. M. AMES, Trustee in possession Boston, Mass.
General Agent— C. E. Payne New Orleans. | Auditor— R. 1. Harrison New Orleans.
PRINCIPAL OFFICE AND ADDRESS New Orleans, La.
RAILROAD MANUAL OF THE UNITED STATES. 551
NOETH LOUISIANA AND TEXAS E. E. (In Progress.)
Line of Road. — Delta (opposite Vicksburg), La., to State Line of Texas.. 190 miles.
In operation : Delta, La., to Monroe, La ................................ 72
Sidings and other tracks, 3 miles. Gauge, 5 feet 6 inches. Kail, 50 Ibs.
Reorganization of the Vicksburg, Shreveport and Texas Railaoad Company.
No account is furnished of the reorganization of this company, nor of its opera-
tions or financial condition. It is understood that it is intended to continue the road
from Shreveport into Texas to a connection with the Southern Pacific Railroad.
J. W. GREEN, Receiver and Superintendent ........... Monroe, La.
Treasurer and Secretary ...... Joseph. F. McGuire. | Gen. Freight Agent .................. J. H. Milling.
PRINCIPAL OFFICE AND ADDRESS ............................ Monroe, La.
VIDALIA AND LAKE CONCOEDIA EAILEOAD.
Line of Road. — Vidalia, La., to Lake Concordia, La 5.25 miles.
Sidings, 0.25 mile. Gauge, 5 feet. Rail, 40 Ibs.
This road extends from Vidalia, opposite Natchez, to Lake Concordia. It is a
local enterprise, and no report of operations or financial condition is furnished.
Officers, etc. — Not reported.
WEST FELICIANA EAILEOAD.
Line of Road. — Bayou Sara, La., to Woodville, Miss 27.5 miles.
Sidings and other tracks, 1.37 mile. Gauge, 4 feet 8| inches. Rail, 50 Ibs.
Chartered in Louisiana March 25, 1831, and in Mississippi December 20, 1831.
Road opened through in the autumn of 1842.
Rolling* Stock. — Locomotive engines, 2. Cars — passenger, 2 ; freight (box, 3 ;
and platform, 8), 11 — total, 13. Also, 6 service cars.
Operations for year ending June 30, 1877. — Trains run, 10,128 miles. Pas-
sengers carried, 5,854. Earnings — passenger, $5,171.40; freight, $33,887.57; mail
and express, $904.96, and miscellaneous, $709.34 — total, 40,733.27. Operating ex-
penses, $25,552.92. Net earnings, $15,180.35. Interest on bonds and bills payable,
$9,151.27 ; taxes, $688.72 ; other payments from earnings, $5,440.72. Deficit, $100.36.
Financial Statement.— Capital stock, $519,012.29 ; funded debt, $110,000 ; bills
payable, $'284,000 ; 1st mortgage 8 per cent, bonds, dated January 1, 1872, and paya-
ble January 1, 1878 (extended 10 years), and other liabilities, $427.67 — total liabili-
ties, $631,523.96. Per contra: Railroad, $550,000; rolling stock, $24,182.50; real
estate, $34,150; materials and fuel, $890.60; bills receivable, $2,325.23; other cur-
rent assets, $19,063.33; and cash, $912.30— total property and assets, $631,523.90.
The stock, January 1, 1871, amounted to $760,600 ; reduced in consequence of losses
to $519,012.29.
J. BURRUSS McGRHEE, President and Gen. Supt..West Feliciana, La.
Secretary and Treasurer E. H. Wailes. General Freight Agent Norvell Logan.
Engineer & Master of Machinery J. A. Tilton. General Ticket Agent Wm. McKelvy.
PRINCIPAL OFFICE AND ADDRESS. Woodville, Miss.
552
KAILROAD MANUAL OF THE UNITED STATES.
STA.TE OF OHIO.
Area, 39,964 square miles. Population, 3,001,722. Assessed valuation, $1,575,321,542.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Tracks.
Length of Lines.
Total.
Ohio.
1. Ashtabula, Young-stown &Pittsburg(Penn. Co.)
2. Atlantic and 'Great Western
Ft. In.
4 :9JHf
6 :
4 :9X
4 :8^
3 :
3 :
4 :9J*
4 :9X
4 :8#
4 :8#
3 :
4 :10
4 : 10
4 :8X
4 :9^
3 :
4 :9x
4 : 10
4 :9>£
4 :8X
4 :8X
4 :9%
4 : 10
4 :8#
4 :10
4 :§X
3 :
4 :9x
4 :8X
4 :9^
M.
62.60
422.83
262.60
30.33
6.50
6.00
5.50
137.00
67.60
5 60
48.00
59.93
98.40
20.50
148.40
11.52
42.00
144.93
80.50
2.10
391.15
123.35
144.42
3.33
199.77
101.14
6.57
580.55
3.00
100.00
M.
62.60
247.55
110.35
30.33
6.50
6.00
5 50
137.00
4.50
5.60
48.00
59.93
19.60
20.50
148.40
11.52
36.02
144.93
80.50
2.10
307.75
123.35
144.42
3.33
184.77
101.14
6.57
135.90
3.00
100.00
3. Baltimore and Ohio and Chicago (Bait. & Ohio.)
4. Baltimore Short Line (Marietta and Cincinnati).
5. Bellaire and St. Clairsville
6 Bellaire and Southwestern
7 Bowling Green
8. Central Oiiio (Baltimore and Ohio)
9. Chicago and Canada Southern [Michigan
10. Cincinnati & Baltimore (Marietta & Cincinnati)
11. Cincinnati and Eastern
12. Cincinnati, Hamilton and Dayton
13. Cincinnati, Hamilton & Indianap. (C. H. & D.). .
14 Cincinnati & Indiana (I.,C. & L.) [Ind
15. Cincinnati & Muskingum Valley (Penn. Co.). .
16. Cincinnati and Portsmouth
17. Cincinnati, Richmond & Chicago (C., H. & D.)
18. Cincinnati, Sand u sky and Cleveland
19. Cincinnati & Springfield (Clev. Col. Cine. & Ind.)
20. Cincinnati & Whitewater V'y (W.W.V.). .[Ind.
21. Cleveland, Columbus, Cincin. & Indianapolis. . .
22. Cleveland & Mahoning Valley (A. & G.W.)
28. Cleveland, Mt. Vernon & Delaware (Penn. Co.)
24 Cleveland and Newburg
25. Cleveland & Pittsburg (Pennsylvania Company)
26. Cleveland, Tuscara was Valley, and Wheeling. .
27 College Hill
28. Columbus, Chicago & Ind. Cen. (Penn. Co,) [Ind.
29. Columbus and Gallipolis .
30. Columbus and Hocking Valley
RAILROAD MANUAL OF THE UNITED STATES.
553
CORPORATE TITLES.
Gauge of
Tracks.
Length of Lines.
Total.
Ohio.
31. Columbus, Springfield & Cincinnati (C.,S.& C.)
32. Columbus and Toledo
Ft. In.
4 10
4 9%
4 9^
4 10
3
4 10
4 8#
4 S%
4 10
3
4 9%
4 8X
4 8#
4 9;*
4 10
4 8^
4 9*
4 8^
4 8X
4 m
4 9#
4 9^
4 9&
4 9
3
3
3
4 8*
4 VX
4 9>£
4 8
4 9^
4 $X
3
4 9^
4 8^
3
4 9^
4 9^
4 8-*
3
3
M.
44.37
118.20
54.70
140.71
68.50
31.74
7.75
7.00
16.50
19.30
98.00
1,024.71
7.65
22.04
137.00
42.99
44.00
276.26
100.50
12.50
44.00
25.10
7.30
608.24
22.00
5.00
61.80
5.30
200.60
468.39
5.53
116.00
47.01
36.00
54.50
15.00
7.50
4.17
17.30
C33.60
18.00
13.50
M.
44.37
118.20
54.70
140.71
68.50
31.74
7.75
7.00
16.50
19.30
98.00
377.62
7.65
12.68
137.00
42.99
44.00
276.26
100.50
12.50
44.00
25.10
7.30
19.53
22.00
5.00
61.80
5.30
158.20
251.80
5.53
116.00
47.01
36.00
7.14
15.00
7.50
4.17
17.30
75.60
18.00
13.50
33. Columbus and Xenia (Little Miami)
34. Dayton and Michigan (Cine., Ham. & Dayton).
35. Dayton and Southeastern
36. Dayton and Union.
37. Eastern Ohio
38. Harrison Branch. (Ind., Cine. & Lafayette). . [Ind.
39. Iron
40. Lake Erie Alliance and Wheeling
42. Lake Shore and Michigan Southern.
43. Lake View and Collamer
44. Lawrence (Pennsylvania Company)
45. Little Miami (Pennsylvania Company)
46. Mahoning Coal (Lake Shore & Mich. Southern)
47. Mansfield, Coldwater & Lake Mich. (Penn. Co.)
48. Marietta and Cincinnati
49. Marietta, Pittsburg and Cleveland
50. Massillon and Cleveland (C. Mt. V. & D.)
51. Newark, Somerset & Straitsville (Bait. & Ohio).
52. Northwestern Ohio (Pennsylvania Company)..
53. Ohio Central
54. Ohio and Mississippi. [Indiana
55. Ohio and Toledo
56. Painesville, Canton and Bridgeport
57. Painesville and Youngstown
58. Paulding and Cecil
59. Pittsburg, Cincinnati and St. Louis (Penn. Co.).
60. Pittsburg, Fort Wayne and Chicago (Penn. Co.)
61. Roeky River
62. Sandusky, Mansfield & Newark (Bait. & Ohio).
63. Scioto Valley
64. Springfield. Jackson and Pomeroy
65. Toledo, Canada Southern and Detroit. . .[Mich.
66. Toledo and Delphos
67. Toledo and Maumee Narrrow Gauge
68. Toledo and State Line (Pennsylvania Co.)
69. Toledo and Woodville (Pennsylvania Co.)
70. Wabash [Indiana
71. Wraynesville, Port Wm. & Jefferson
72. Wheeling and Lake Erie
Total Length..
8,006.38
4,878.41
554 RAILROAD MANUAL OF THE UNITED STATES.
ASHTABULA, YOUNGSTOWlSr AND PITTSBUKG K. K.
Line of Road. — Youngstown, 0., to Aslitabula Harbor, 0 62.6 miles.
Sidings, etc., 6.18 miles. Gauge, 4 feet 9£ inches. Rail, 56 Ibs.
This company was organized February 11, 1870, and the road opened May 1, 1873.
It was leased from its opening to the Pennsylvania Company, the lessees agreeing to
operate the road for the net earnings, guaranteeing payment of interest on 1st mort-
gage bonds to January 1, 1877.
Rolling Stock. — Furnished by the Pennsylvania Company.
Operations for year ending December 31, 1877. — Trains run — passenger, 51,790 ;
freight, etc. , 179,994 — total, 281,784 miles. Passengers carried, 59,149; carried one
mile, 895,747. Freight moved, 323,027 tons ; moved one mile, 16,080,813 tons.
Earnings.
From Passengers $25,702 74
" Freight 193,27099
" Mail, Express, etc 8,232 75
Expenditures.
For Maintenance of Way $48,483 25
" RollingStock 44,00525
" Transportation, etc 57,387 22
Balance — net earnings, $77,330.76
stock, $27,117.75.
$227,206 48 $149,875 72
. Payments from net earnings — lease of rolling
Abstract of operations for four years :
Fiscal Years.
Miles
R. R.
Passen-
gers.
Mileage.
Freight,
Tons.
Mileage.
Gross
Earnings.
Net
Earnings.
1874..,
62 6
123833
1 772 047
202543
8448996
$211 816 13
$51 545 80
1875
62 6
115,372
1,607757
142883
5454 104
226,626 16
58330 22
1876... ....
62 6
86 898
1 254 330
242 577
17 274 494
266 941 35
87 642 79
1877
62 6
59,149
895 747
323027
16 080 813
227 2U6 48
77330 76
Financial Statement, December 31, 1877. — Share capital paid in — common,
$1,496,880 ; preferred, $321,000— total, $1,817,880; funded debt, $2,000,000; other
liabilities, $197,085.36— total, $4,014,965.36. Per contra: Cost of railroads, appur-
tenances and docks, $3,782,225.37. Other assets, $48,739.51. Balance, debit of in-
come account, $184,000.48.
Description of bonds issued and outstanding, December 31, 1877 :
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal,
When Due.
Amount
Authorized.
AnVt Out-
standing.
1st Mortgage . .
Oct. 1,1871.
7g'ld.
April and Oct .
Oct. 1, 1901.
$1,500,000
$1,500,000
2d Mortgage Income
July 1, 1874.
7c'cy.
Jan. and July.
July 1 1894
500,000
500,000
Directors (elected June 5, 1877).— Wm. P. Shinn, Wm. Thaw, Thomas D. Mess-
ier, W. H. Barnes, D. McCaudless and Wm. Harbaugh, Pittsburg, Pa. ; C. B. Wick,
RAILROAD MANUAL OF THE UNITED STATES. 555
Youngstown, O. ; R. F. Smith, Cleveland, 0. ; Warren Packard, Warren, 0. ; F. Har-
rington, Rock Creek, O. ; A. C. Fisk, H. L. Morrison and H. Hubbard, Ashtabula, 0.
WM. P. SHINN, President Pittsburg, Pa.
Sec. and Treas— Frank Semple Pittsburg, Pa. | Superintendent— D. B. McCoy Ashtabula, O.
OTHER OFFICERS. — Same as Pennsylvania Company Pittsburg, Pa.
PRINCIPAL OFFICE AND ADDRESS Aslitabula, O.
ATLANTIC AND GKEAT WESTERN" RAILROAD.
Line of Road. — Salamanca, N. Y., to Dayton, 0 387.50 miles.
Branches and leased lines, 158.68 "
Total length of lines owned, leased and operated 546.18 miles.
Sidings, etc., 181 miles. Gauge, 6 feet. Rail, 56 to 68 Ibs. Steel rails, 158.83 miles.
The Atlantic and Great Western R. R. Company was organized under its present
title November 10, 1871, as the successor of the A. and G. W. Railway Co., organized
August 19, 1865, and sold under foreclosure of mortgages, July 1, 1871. The A. and
G. W. Ry. Co. was formed by the consolidation of the Meadville R. R. Co. chartered
in Pennsylvania May 20, 1857 ; the Erie and New York City R. R. Co. of New York,
organized March 12, 1852 ; and the Franklin and Warren R. R. Co. of Ohio, chartered
March 10, 1851. The Meadville R. R. Co. took the name of A. and G. W. R. R. of
Pennsylvania, April 15, 1858 ; the E. and N. Y. C. R. R. Co. became A. and G. W.
R. R. Co. of New York December 9, 1858; and the F. & W. R. R. Co. was changed
to A. and G. W. R. R. of Ohio, October 17, 1854. The company's property went into
*he hands of receivers April 1, 1867; was transferred by lease to Erie Railway De-
cember 7, 1868 ; again in hands of receivers April 9, 1869 ; re-leased to Erie Railway
Co. January 1, 1870 ; and again leased to same company, after sale and reorganiza-
tion, May 1, 1874, but 'lease was never executed. December 10, 1874, it was again
placed in the hands of a receiver, by whom it has since been operated.
The company leases the Cleveland and Mahouing Valley Railway, 123.35 miles, of
which it operated 80 miles, from Cleveland, 0., to State line, Pa., during the last
year. The branches are the Franklin Branch, from Meadville Junction to Franklin,
Pa., 33.78 miles; and Silver Creek Branch, 1.55 miles. It also leases the Sharon
Railway, 11.75 miles, and the Westerman narrow gauge coal road, 3.73 miles long.
The operations of these lines are included in this statement.
Rolling1 Slock. — Locomotive engines, 170. Cars — passenger, 45 ; express and
baggage, 25; freight (box, 893 ; platform, 1,702), 2,595 ; other, 92— total cars, 2,777-
Operations for year ending December 31, 1877. — Trains run — passenger, 1,020,-
206 ; freight, 3.. 100, 944— total, 4,121,150 miles. Passengers carried, 844,439 ; carried
one mile, 32,354,286. Freight moved, 2,804,003 tons ; moved one mile, 837,378,487
tons.
Earnings.
From Passengers $749,530 29
" Freight 3,066,407 99
" Mail and Express 97,308.85
Miscellaneous 60,051 69
3,973,298 82
Expenditures.
For Maintenance of Way $783,657 52
" RollingStock 644,89099
' ' Transportation, etc 1,47'0,867 37
Miscellaneous... 104,96558
$3,004,381 46
556
RAILROAD MANUAL OF THE UNITED STATES.
Balance— net earnings, 968,917.36.
In addition to earnings as reported above, there were received from various sources
), 549. 53— making total net income, $978,466.89, out of which were paid, interest,
,784.05 ; hire of cars and engines, $363,927.81 ; rents of other roads, $304,243.07;
and miscellaneous, $33,445; taxes, $112,000— total payments, $823,399.93, leaving
net income, $145,517.43.
Abstract of operations and financial account for ten years :
K
1
Tears.
K
OE
—
*L
o>
a
'&
Cars.
Train
Miles.
Passen-
gers.
Freight
Tons.
Gross
Earn-
ings.
Net
Earn-
ings.
Capital
Stock
(Comm''n)
Bonds.
Construc-
tion, etc.
§
H
1867-68
563
156
3,499
696.824
1.746,527
I
4,846,048
$
1,857,266
$
27,798,923
$
29,990,900
$
Kh.812.S?U
1868-69.
563
156
3,476
3,579,475
f-82,894
2,475,315
5,097,367
1,638,078
30,000,000
29.990,9001 58,812,854
1869-70.
563
166
3,502
4,134,591
1,205,651
2,143,724
4,434,101
778,868
29,598,695
20,999,9001 58,812,854
1870-71 .
563
166
3,492
4,717,166
811,959
2,249,472
4,667,139
675,340
29,598.695
29,999,900 58,812,854
1871-72.
563
170
3,287
4,744,507
913.800
2,691,098
5,451,909
£55,661
24,000.000
60,375,526
58.812 854
1872-73.
503
170
3,057
4,979,659
957,940
2,005,088
5,794,9C9
1,886,922
24,a58,700
62.800,692
87,159,392
1873-74.
563
170
2,888
4,439,469
1,038,836 2.709.734
4,!-38,257
1,208,941
24,795,299
67,220,893
88.527.302
1874-75.
563
170
2,884
4,H 8,206
962,202
2,429,421
3,913,650
672,555
24,795,299
67,220,893 88,561.927
1875-76.
563
170
2,777
4,112.894
918,668
2.507,195
3,661,*)7
716,875
24,795,299
68,994,811
88,693,268
1876-77.
563
170
2,777
4,121,150
844,439
2,804,003
3,973,219
968,917
24,795,299
68,994.811
88,737,199
In addition to the common stock in above table, the company has issued preferred
stock to the amount of $9,876,250.
Financial Statement, December 31, 1877. Capital stock authorized, $50,000,000 ;
paid in, including preferred, $34,675,804.10; funded debt, $68,994,811.28; floating
debt, $6,475,126.80— total stock, bonds and debt, $110,147,742.18. Expended for con-
struction by receiver, $254,742.18. The company has issued no balance sheet since
the road was in hands of a receiver. The latest was as follows :
General Balance, September 30, 1874.
Road and Equipment $75,253,691 00
Construction, Discount and Taxes . . . 5,99 1 ,380 46
Leased Lines 7,991,380 46
C. C. C. and R. Railway Stock 11,9*2,757 96
Sundry Dues 1,770,878 74
Cash 214,501 14
Balance of Deficit 5,939,10407
Common Stock $24,795,298 60
Preferred Stock 9,876,25000
Funded Debt and Certificates 56,955,892 81
Leased Line Bonds 10.265,000 00
Interest Due 2,800,452 37
Use of Cars, etc , 892,744 31
Other Indebtedness 3,232,340 52
$108,817,978 61 $108,817,978 61
Since the property was placed in the hands of a receiver, a new general account
has been opened, merely covering the period of his transactions.
Receiver's General Balance, December 31, 1877.
Additions $254,74218
Liabilities and Expenses 1,350,763 94
Supplies, etc 310,&31 92
Miscellaneous Dues 524,608 47
Rentals, Taxes, etc .2,240,793 37
Cash on Hand . . 106,652 59
$4,788,392 47
Asset? Collected, etc $676,231 67
Income from Operations 2,615,193 54
Other Income 28,020 00
Due for Wages and Supplies 629,580 76
Sundry Accounts 183,99459
Receiver's Certificates 655,371 24
$4,788,392 47
KAILROAD MANUAL OF THE UNITED STATES.
Statement of funded debt in detail, September 30, 1876 :
557
Character of Bonds.
Eate.
Interest Pay-
able.
Principal
When Due.
Amount
Outstanding.
1st Mortgage
7
7
7
7
Jan. and July.
Mar. and Sept.
May and Nov.
April and Oct.
Jan., 1902.
Mar., 1902.
Mav, 19' 2.
April, 1876.
$14,922,200 00
10,173,679 69
28,784,000 00
2,416,300 00
661,131 59
5,323,000 00
2,907,1 00 00
2 059,000 00
1,748,500 00
3d " ...
Reorganization Stock, etc
Leased Line Trust
7
7
Jan. and July.
,t ti
Jan., 1002.
Jan., 1903.
u u it
Western Extension Certificates. July, 1876 ...
" Bonds
Various plans for reorganization of the company have been proposed, and com-
mittees appointed by the English stock and bond-holders for that object.
Directors (elected December 14, 1874).— W. S. C. Otis, John Tod, D. P. Eels, W.
S. Mather and Jas. F. Clark, Cleveland, 0.; Geo. T. Perkins, Ackron, 0.; Henry E.
Parsons, Ashtabula, 0.; Thos. Wornock, Meadville, Pa.; John Stamburgh, Youngs-
town, 0.; Sobieski Ross, Coudersport, Pa.; Jas. H.Fay, J. Clinton Gray and A.
Hegewisch, New York.
JAMES F. CLAHK, President Cleveland, O.
J. H. Devereux, Receiver " "
Treasurer—I?. E. Rittmann Meadville, Pa.
Sec. and Auditor — Thomas Warnock, '• "
Gen. Pass. Agent— W. B. Shattuc.. .Cincinnati, O.
Gen. Superintendent— -P. "D. Cooper. .Clevolnnd, O.
Chief Kngi/ieer — Chas. Latimer Meadville, Pa.
Gen. Frt. Agent— Gt. G. Cochran Cincinnati, O.
Purchasing Agent — J. H. Hoi way Meadville, Pa.
PRINCIPAL OFFICE AND ADDRESS Meadville, Pa.
CLEVELAND AND MAHONING VALLEY RAILWAY.
This company was chartered February 22, 1848, under the name of Cleveland
and Mahoning R. R., and the road opened in 1851. It was leased to the A. and G.
W. R. R. Co. in October, 1863, and consolidated July 25, 1872, with the Niles and
New Lisbon and the Liberty and Vienna Railroads, under the present title. It ex-
tends from Cleveland, O., to Sharon, Pa., 81.5 miles, with branches from Niles to
New Lisbon, 35.60 miles, and from Vienna Junction to Vienna, 7.75 miles. The
branches have been operated separately since July 12, 1875.
Rolling Stock. — Furnished by lessees.
Operations for year ending December 31, 1877. — Included in lessees' report. The
total receipts as rent for the year were $274,272. Payments — Dividends (8 per cent.)
$241,346.88 ; interest on bonds, $69,858.69.
General Balance, July 1, 1877.
Construction $4,526,777 03
Canal Contract ... 128,56100
Sinking Fund 303,600 00
Miscellaneous Accouuts 943,371 35
Cash 33,01188
$5,935,320 26
Capital Stock and Scrip $2,759,791 43
Funded Debt 1,967,600 00
Coupons and Dividends ... 18,594 03
Profit and Loss, etc 1,189,334 80
$5,935,320 26
558 KAILKOAD MANUAL OF THE UNITED STATES.
Statement of Funded Debt in detail :
1st mortgage 7 per cent, bonds, 1853, due August 1, 1893 .... $740,500 00
2d 7 " " due Sept. 15,1804 10000
3d " 7 " " 1856, due Sept. 15, 1896 654,50000
Hubbard Br.,7 " " 1863, due July 15, 1873. . . . 72,500 00
N. and N. L. Ry. 7 per cent, bonds, due January 1, 1890. . 500,000 00— $1,967,600 00
REUBEN HITCHCOCK, President Painesv411e, 0.
Secretary— E. E. Poppleton Cleveland, O. I Treasurer— A. K. Spencer Cleveland, O .
Superintendent— J '. M. Ferris ''I Purchasing Agent— J. H. Holway. . . Meadville, Pa.
PRINCIPAL OFFICE AND ADDRESS Cleveland, O.
NILES AND NEW LISBON RAILWAY.
Line of Road.— Niles, to New Lisbon, O 35.60 miles.
Vienna Branch, Liberty and Vienna R. R 7.75 "
Total length of line operated 43.35 miles.
Sidings, etc., 4.01 miles. Gauge, 4 feet 9| inches. Rail, 56 Ibs.
This road has been operated during the past year by the Cleveland and Mahoning
Valley R. R.
Rolling Stock.— Leased of A. and G. W. R. R. Co.
Operations for year ending June 30, 1877. — Trains run — 132,504 miles. Pas-
sengers carried, 54,821 ; carried one mile, 544,764. Freight moved, 552,913 ; moved
one mile, 2,975,665 tons. Gross earnings, $50,346.03; operating expenses, $96,247.-
74. Net earnings, $54,098.29. Payments— hire of equipment, $24,845.81.
Financial Statement. — Not furnished.
Officers. — Same as Cleveland and Mahoning Valley R'y Co.
SHABON KAILWAY.
Line of Road. — Sharon, Pa., to A. and G. W. R. R. Junction 7.75 miles.
Branch : formerly Sharpsville, Wheatland, Sharon and Greenfield R. R. .4.00 "
Total length of line owned and operated 11.75 miles.
Sidings, 1 mile. Gauge, 4 feet 9£ inches. Rail, 56 Ibs.
This company was organized in 1875, and the road opened in 1876. The com-
pany bought the road of 3 feet gauge, built under the name of Sharpsville, Wheat-
land, Sharon and Greenfield R. R., 4 miles, with its equipment, and has operated it as
a branch. This road connects at Sharon with the Sharon Branch of the Cleveland and
Mahoning V. R., and has been operated since June 1, 1876, under a lease of five years
from that date, by the A. and G. W. R. R. Co., at an annual rental of 7.3 per cent, on
the cost of the road, $355,000, or about $25,915 per year.
Rolling Stock. — Locomotive engine, 1. Coal cars, 32 ; caboose, 1. This equip-
ment belonged to the S., W., S. and G. R. R. Co. ; remainder furnished by lessees
RAILKOAD MANUAL OF THE UNITED STATES.
559
Operations for year ending December 31, 1877. — Included in lessees' returns.
Rental received during year 1877, $26,971.07.
Financial Statement, December 31, 1877. — Capital stock authorized, $190,000.
paid in, $173,800 ; funded debt, 1st mortgage 7 per cent, bonds, due February 1, 1890,
$156,000; floating debt, $13,493.62— total stock, bonds and de"bt, $343,293.62; repre
senting cost of road and equipment, including S., W., S. and G. R. R.
GEORGE BOYCE, President Sharon, Pa.
Secretary — J. H. Dynes Meadville, Pa. | Treasurer — J. M. Mordock Sharon, Pa.
PRINCIPAL OFFICE AND ADDRESS Sharon, Pa.
BALTIMOEE AND OHIO EAILEOAD.
(As Lessee.)
The Baltimore and Ohio Railroad Company operates, as lessee, the following
railroads — 560 miles in all — of which 407.35 are in the State of Ohio :
Bait. & Ohio & Chicago R. R 262.6 m.
Central Ohio R. R. . ,.137 "
Newark, Somerset & Straitsv'leR.R. 44 m.
Sandusky, Mansfield &NewarkR.R. 116 "
BALTIMOEE AND OHIO AND CHICAGO EAILEOAD.
This company was originally organized March 13, 1872, as the Baltimore, Pitts-
burg and Chicago Railway Co., and the road opened November 17, 1874. It extends
from Chicago Junction, Ohio, on the Sandusky, Mansfield and Newark R. R., to
Chicago, 262.6 miles, with 33.90 miles of sidings. It was built and is owned by the
Baltimore and Ohio R. R. Co., and was originally intended to be extended to Pitts-
burg to a connection with the Pittsburg and Connellsville R. R. This design was
abandoned, and in 1877, the present name was adopted, the companies of Ohio and
Indiana being consolidated and that of Illinois representing the portion of the line in
that State.
Rolling: Stock. — The locomotives and cars used are furnished by B. & O. R. R. Co.
Operations for year ending September 30, 1877. — Trains run — passenger, 438,-
242 ; other, 1,061,085— total, 1,499,327 miles.
Earnings.
From Passengers $215,857 45
" Freight, etc 627,851 70
" Mail and Express '.. 113,98645
Expenditures,
For Maintenance of Way $157,331 03
" Rolling Stock 160,883 89
" Transportation, etc 516,200 29
$957,695 60 $834,415 21
Balance— net earnings, $123,280.39. The net earnings go to B. and 0. R. R. Co.
Financial Statement, September 30, 1877. This road was built by the Balti-
more and Ohio Railroad Co., at a cash cost to September 30, 1876, of $8,854,271.06.
The B. and 0. R, R. Co. holds 30,069 shares of its stock, representing $1,503,450 ;
560
RAILROAD MANUAL OF THE UNITED STATES.
and a mortgage was executed in 1877 on the entire line for £1,600,000 bearing 6 per
cent, interest. The bonds issued under this mortgage, with 28.900 shares of stock,
were placed in the hands of Trustees, as security for an issue by the B. and O. R. R.
Co., of the same amount of 5 per cent, bonds, the dividends of which, amounting to
$7,744,000, were placed* to the credit of the B. and O. and C. R. R. Cos. In addition
to these sums, those Go's are charged on the books of the B. and O. R. R. Co. with
$3,216,501.58— making a total of $12,463,951.58.
General Manager, W. C. Quincy Newark, O. | Supt. C. H. Hudson Chicago, 111.
OFFICERS, etc Same as Baltimore and Ohio R. R. Co.
CENTEAL OHIO EAILEOAD.
Line of Road.— Bellaire, O., to Columbus, 0 137.00 miles.
Sidings, etc., 33.11. Gauge, 4 ft. 10 in. Rail, 60, 64 and 72 Ibs. Steel rails, 13 m.
Chartered February 8, 1847, and road opened in 1854. In 1859 it was placed in
the hands of a receiver, and November 1, 1865, a new company was organized, to
which the property was conveyed January 29, 1866. An agreement was made No-
vember 21, 1866, with the Baltimore and Ohio R. R. Co., by which the road was to be
operated for 20 years, the B. and O. R. R. Co. to retain 65 per cent, of gross earnings
for first five years, and 60 per cent, thereafter; and out of the remainder to pay an-
nually $166,000 to the C. O. R. R, Co. for interest on its funded debt. The lease was
modified February 13, 1869, so that the B. and O. R. R. Co. were to retain 65 per cent,
throughout the entire term of 20 years. While the road was in the hands of the re-
ceiver, March 14, 1864, a sale of half of the line from Newark to Columbus, 33 miles,
was made to the Steubenville and Indiana (now P., C. and St. L.) R. R. Co. for
$775,000, and that portion of the line is now owned jointly by the two companies.
Rolling Stock. — Locomotive engines, 31. Cars — passenger, 19 ; baggage, mail
and express, 8; and freight, 341.
Operations for year ending September 30, 1877. — Trains run — passenger, 325,139;
freight, etc., 836,282— total, 1,161,421 miles. Passengers carried, 256,984; carried
one mile, 10,527,344. Freight moved, 608,486 tons ; moved one mile, 51,721,310 tons.
Earning*.
From Passenger? $226,934 47
" Freight. 471,01885
" Mail and Express 63,571 56
$761,524 88
Expenditures.
For Maintenance of Way $179,028 21
" RollingStock 127,81553
" Transportation, etc 305,393 63
$612,237 37
Balance — net earnings, $149,287.51 ; rentals received under lease (35 per cent.),
$266,533.71. Actual deficit to lessees, $117,246.20.
Out of the receipts from lessees and miscellaneous items of income were paid
dividends, $171,474; interest on bonds, $150,000.
RAILROAD MANUAL OF THE UNITED STATES.
561
General Balance, July 1 , 1877.
Construction Account $5,500,000 00
Columbus and Newark Division 2,511 12
Sundry Dues and Accounts. . 27,758 66
Trustees of Sinking Fund 295,958 78
Cash and other Assets 3,899 84
Capital Stock $3,000,000 00
Funded Debt 2,500,000 00
Bills Payable 846 08
Due to old Organization 41,746 06
Profit and Loss (or Surplus) 287,536 26
$5,830,128 40 $5,830,128 40
Directors (elected 1877). — Hugh J. Jewett, New York ; Joseph R. Swan, Wm.
Dennison, Columbus, 0. ; Walter C. Quincy, Newark, O. ; Wm. H. Clement, Mor-
row, 0. ; Daniel Applegate, Zanesville, 0. ; Isaac W. Hall, Quaker City, 0. ; John
King, Jr., Joseph H. Pueman, Joseph W. Jenkins, Joshua G. Harvey and Walter B.
Brooks, Baltimore, Md.; and Joseph B. Ford, Wheeling, W. Va.
HUGH J. JEWETT, President Columbus, 0.
Treasurer— Daniel Applegnte Zanesyille. | Secretary— Wm. H. Ijams Baltimore, Md.
General Manager— W C. Quincy Newark, O.
PRINCIPAL OFFICE AND ADDRESS Newark, O.
NEWAKK, SOMEKSET AND STBAITSVILLE KAILKOAD.
Organized April 3, 1867, and in 1869 bought the old Scioto and Hocking Valley
R. R. between Newark and the Muskingum Valley R. R. The road now extends
from Newark to Shawnee, O., 44 miles, with 4.15 miles of sidings, and was completed
in 1871. Leased January 1, 1872, to Sandusky, Mansfield and Newark R. R. Co. for
14 years, to be equipped and operated by the B. and O. R. R. Co., they paying all ex-
penses of operation and paying the N., S. and S. R. R. Co., 30 per cent, of gross
earnings.
Rolling Stock. — Locomotive engines, 12. Cars — passenger, 2 ; express and bag-
gage, 7 ; freight, 164.
Operations for year ending September 30, 1877. — Trains run — passenger, 56,748 ;
freight, etc., 215,795 — total, 272,543 miles. Passengers carried, 46,224; carried one
mile, 647,134. Freight moved, 204,468 ; moved one mile, 9,983,188 tons.
Earnings.
From Passengers $18.298 98
" Freight 143,622 21
" Mail and Express 2,279 62
Expenditures.
For Maintenance of Way $39,200 03
" KollingStock 22,84672
" Transportation, etc 51 526 73
$164,200,81 $113,573 48
Balance— net earnings, $50,627.33. Payments— interest on funded debt, $56,000 ;
balance, deficit advanced by lessees, $5,372.67.
General Balance, July 1, 1877.
^tion and Equipment $1 781 000 00
Capital Stock
$937,400 00
ate . 31,504 00
Funded Debt
800,000 00
73,998 29
Floating Debt
149,102 29
Balance
$1,886,502 29
Funded debt consists of $800,000 first mortgage 7 per cent, bonds, due November
1, 1889. Interest payable May and November.
W. C. QUINCY, General Manager Newark, 0.
36
562 BAILKOAD MANUAL OF THE UNITED STATES.
SANDUSKY, MANSFIELD AND NEWARK RAILROAD.
Line of Koad.— Sandusky, O., to Newark, O . . 116 miles.
Sidings, 21.22 miles. Gauge, 4 feet 8i inches. Rail, 60 Ibs.
Organized under present title July 25, 1856, by consolidation of Monroeville and
Sandusky City R. R. Co., chartered March 9, 1835 ; Mansfield and New Haven R. R.
Co., chartered March 12, 1836; Columbus and Lake Erie It. R. Co., chartered March
12, 1845 ; and Huron and Oxford R. R. Co., chartered February 27, 1840. Whole
line completed in 1856. February 13, 1869, the road was leased to Central Ohio R.
R. Co. for 17 years and 5 months from July 1, 1869, the lessee to pay an annual
rental of $174,350, and Baltimore and Ohio R. R, Co. guaranteeing the faithful per-
formance of the lease. The road is operated by the latter company under the title of
the Lake Erie Division.
Rolling Stock. — Locomotive engines, 35. Cars— passenger, 13 ; baggage, mail
and express, 14; and freight, 684. Total revenue cars, 711. Also, 24 service cars.
Operations for year ending September 30, 1877. — Trains run— passenger, 196,070 ;
freight, etc., 658,470 — total, 854,540 miles. Passengers carried, 191,069 ; carried
one mile, 6,687,415. Freight moved, 731,146; moved one mile, 58,491,680 tons.
Earnings.
From Passengers $155,794 93
" Freight 479,876 55
" Mail and Express 62,393 66
$698,065 14
Expenditures.
For Maintenance of Way $96,633 74
" Rolling Stock 109,27208
" Transportation, etc 242,60287
$448,508 69
Balance — net earnings, $249,556.45. Payments from net earnings — annual rental,
$174,350. Balance to lessees, $68,252.87.
General Balance, July 1, 1876.
Construction Account $3,346,992 75
Due from Corporations 26,700 00
2,606 2-2
3,222 79
Expense Account.
Cash..
J,379,521 76
Capital Stock $1,043,665 00
Consolidated Bonds 2,301,000 CO
Funded Bond and Cupons, etc.
Profit, and Loss
5,049 22
29,807 54
$3,379,521 76
JOHN GARDNER, President Norwalk, 0.
Gen. Manager— W. C. Quincy Newark, O. | Sec. and Treas.—J. O. Moss Sandusky, O.
BELLAIKE AND ST. CLAIESVILLE EAILEOAD.
>AD.
Line of Road. — Quincy, O., to St. Clairsville, O 6.50 miles.
Sidings, 0.25 mile. Gauge, 3 feet. Rail, 30 Ibs.
This road was opened in April, 1877, and the passenger earnings are reported at
KAILROAD MANUAL OF THE UNITED STATES. 563
$4,537.89, to December 31, 1877, but no further report of its operations or financial
condition is furnished. The road connects, at Quincy, with the Central Ohio R. R.
I. H. PATTERSON, President St. Clairsville, O.
C. W. Carroll, Secretary "
PRINCIPAL OFFICE AND ADDRESS St. Clairsville, 0.
BELLAIKE AND SOUTHWESTERN KAILWAY.
(In Progress.)
Line of Road. — Bellaire, O. , to Athens, 0 120 miles.
In operation. — Bellaire to Wegee Mill .6 "
Sidings. 0.25 mile. Gauge, 3 feet. Rail, 35 Ibs.
This company was chartered March 27, 1875, and road opened to Wegee Mill
toward the close of 1877, but no report of its operations or financial condition is
furnished. The road is graded to Woodsfield, 42 miles.
Rolling Stock. — Locomotive engine, 1. Cars, 3.
E. G. MORGAN, President Bellaire, O.
Vice-President—S. L. Mooney Woodsfield, O. | Sec. and Treas.—A.. W. Anderson Bellaire, O.
PRINCIPAL OFFICE AND ADDRESS Bellaire, 0.
fc BOWLING GREEN RAILROAD.
Line of Road. — Bowling Green, O , to Tontogany, 0 5.50 miles.
Sidings, etc., 0.12 mile. Gauge, 4 feet 9| inches. Rail, 35 Ibs. to yard.
This company was organized April 27, 1874, to build a road from Bowling Green
to Toledo, O., 25 miles. It was opened to present terminus May 22, 1875, where it
connects with the Dayton and Michigan R. R.
Rolling* Stock. — Locomotive engines, 2 ; cars, 2.
Operations for year ending June 30, 1877. — Passengers carried, 10,820 ; carried
one mile, 59,510. Freight moved, 1,812; moved one mile, 4,466 tons. Gross earnings,
$4,190.40; operating expenses, $3,996; net earnings, $194.40.
Financial Statement, June 30, 1877.— Capital stock authorized, $40,000; paid
in, $7,700 ; funded debt, $3,000 ; floating debt, $7,864— total stock, bonds and debt,
$18,564. Per contra: Construction and equipment, $24,237.15.
Directors. — None reported.
MARK T. WIGGINS, Owner Bowling Green, Ohio.
CINCINNATI AND EASTERN RAILWAY.
Line of Road.— Plainville, O., to Winchester, O .48 miles.
Sidings, etc., 2 mile. Gauge, 3 feet. Organized January 11, 1876. Opened to pres-
564:
RAILROAD MANUAL OF THE UNITED STATES.
ent terminus in 1877. It is also proposed to build an extension to Portsmouth, 0. ,
making 105 miles in all.
Rolling Stock. — Locomotive engines, 3. Cars — passenger, 4; baggage, etc. ,2;
freight, 56 — total, 62.
Operations for eight and a half months ending June 30,1877. — Trains run, 31,-
834 miles. Passengers carried, 34,280 ; freight moved, 6,220 tons. Gross earnings,
$17,496.83; operating expenses, $16,572.24 ; net earnings, $924,51).
Financial Statement, June 30, 1877. — Capital stock authorized, $500,000 ; sub-
scribed, $210,600; paid in, $132,124.69. Expended on construction, $218,924.69.
SAMUEL WOODWARD, President Morrow, 0.
Sec. and Avditor — Wm. Mansfield Batavia, O. Treasurer — M. Jamison Batavia, O.
Superintendent— Geo. H. Wilbur " " Chief Engineer— W. H. Harrison " "
PRINCIPAL OFFICE AND ADDRESS Batavia, 0.
CINCINNATI, HAMILTON AND DAYTON EAILKOAD.
Line of Road. — Cincinnati, 0., to Dayton, 0 59.927 miles.
Owned or | Cincinnati, Hamilton and Indianopolis R. R 98.4
leased -j Cincinnati, Richmond and Chicago R. R 42.0
and operated. [Dayton and Michigan R. R 140.7— 281.100 "
Total number of miles owned, leased, and operated 341.027 miles.
2d track, 14 m. Sidings, 62.4 m. Guage, 4 f. 10 ins. Rail, 60 Ibs. Steel rail, 50.5 m.
The Cincinnati and Hamilton R. R. Co. was chartered March 2, 1846, and name
changed to present title, February 8, 1847. It was opened in 1848. Subsequently, a
6-feet gauge was formed for use of the Atlantic and Great Western R. R., from
Dayton to Cincinnati, but this was abandoned September 1, 1876.
This Co. leased, May 1, 1863, the Dayton and Michigan R. R., Dayton to Toledo,
140.7 miles ; and February 18, 1869, the Cincinnati, Richmond and Chicago R. R.
(including Richmond and Miami R. R.) from Dayton to Richmond, Ind., 42 miles.
November 26, 1872, it purchased, at foreclosure sale, the Junction R. R., from Ham-
ilton, O., to Indianopolis, Ind., 98.2 miles, and on the 1st of December of that year,
the latter was reorganized under name of Cincinnati, Hamilton and Indianopolis R. R.
Co. All three roads are operated as one property by the C., H. and D. R. R. Co., but
the accounts of each are separately kept.
Rolling Stock.— All lines, April 1, 1877 :
Engines.
Pas-
83nger
Cars.
Mail and
Baggage
Cars.
Box
Cars.
Stock
Cars.
Coal
Cars.
Flat
Cars.
Caboose
Cars.
Service
Cars.
C.. H. andD.. ..
C., H. and I
C., R. andC
D. and M
35
20
5
29
35
7
14
15
4
3
4
234
281
89
337
29
51
23
90
65
15
8
115
99
96
52
114
10
8
1
12
44
41
13
51
Total
89
56
26
941
193
203
361
31
149
RAILED AD MANUAL OF THE UNITED STATES.
565
There are in addition six construction train and 100 (50 box and 50 platform,
cars of Saginaw and Cincinnati Lumber Transportation Company.
Operations for year ending March 31, 1877, all lines. — Trains run — passenger,
942,543 ; freight, 754,128— total, 1,696,671 miles. Passengers carried, 1,426,083 ; car-
ried one mile, 33,379,599. Freight moved, 1,039,?71 ; moved one mile, 93,351,547 tons.
Earnings. (C. H. and D. K. R.) Expenditures.
From Passengers $329,225 65
" Freight 521,95381
" Mail and Express 21,561 CO
" Rents, etc 74,18069
For Maintenance of Way $115,261 35
" Rolling Stock 120,52325
" Transportation 356,233 03
Miscellaneous 42,154 15
$634,171 78
$946,921 15
Balance — net earnings, $312,749.37.
The earnings and expenses of all lines operated were as follows : Earnings — from
passengers, $786,130.09; from freight, $1,349,855.20; from mails and express, $76,-
814.31; mileage, $123,128,84; other sources, $95,945.74— total receipts from opera-
tions, $2,431,874.18. Expensesfor transportation, $1,751, 476.30, leaving as net forpay-
ment of taxes, interest, dividends, etc., $680,397.88. Payments— taxes, $122,335.76 ;
interest on bonds, $607,445.53; dividends on D. and M. stock (common, $35,057.06;
preferred, $102,728), $137,794.37— total, $867,575.66. Balance, deficit, $187,179.78.
The net earnings of the C., R. and C. line were $4,062.01. Net loss on D. and M. line,
$69,001,16; C., H. and I. line, $199,547.98.
Including the items of taxes and interest, the gross earnings and operating ex-
penses of all lines have been as follows:
C., H. and D.
C., H. and I.
C., R. and C.
D. and M.
Total.
Earnings
$946,921 15
$393,521 67
$185,745 88
$905,685 48
$2,431,874 18
Operating Expenses
868,711 80
593,069 65
181,683 S7
975,586 64
2,619,051 96
Net Earnings
$78,209 35
*$ 199,547 98
$4,002 01
*$69,901 16
*$187,177 78
* Deficit.
Profit and Loss account, year ending March 31, 1877.
To Credit of Surplus Earnings from
*1876 $1,432,328 62
Net Earnings, C. H. and D. R. R 78.209 35
$1,510,537 97
Equipment, etc $39,191 94
Loss on D. and M. R. R 69,901 16
Discount on Bonds 37,50000
Balance, March 31, 1877 1,363,944 87
$1,510,537 97
There was also at credit of C. K. and C. R. R., $4,062.01, and to debit of C. H.
and I. R. R., $199,547.98.
Abstract of operations C., H. and D. R. R. for ten years :
Fiscal
Years.
Miles
R. R.
Train
Mileage
Passen-
gers.
Freight.
Gross
Earnings.
Net
Earnings.
Interest.
Divi-
dends.
p.c.
1867-68
60
59S.654
672,834
497,466
$1,332,895 00
$519.975 00
$260.931
$254,773
8
1868-69
60
475,805
64-2.583
508,692
1 209 105 00
482,195 00
157,440
350,000
10
1869 70
60
498,270
669,252
395,432
1 191 457 00
531 279 00
143.957
3ir>,ooo
q
1870-71
60
512,722
753,787
486,030
1,270,622 00
588,940 00
144,990
280.»iOO
8
1871-72
60
588,266
700,110
551,936
1 307 596 00
607 63H 00
144,990
280,000
8
1872-73
60
549,574
750,687
564,542
1,204,86« 00
495,373 00
144,900
280,000
8
1873-74
60
651,829
652098
616,830
1,171 998 00
248,353 00
154.430
'
1874-75
60
663,979
697,354
617,860
1,1-28,354 81
302,403 00
158,563
1875-76
60
1,147,753 24
254,102 73
162,430
1876-77
60
946,921 15
312,749 37
185,640
566
RAILROAD MAKUAL OF THE UNITED STATES.
Constraction and Equipment ......... $4,965,335 03
Real Estate ......................... 371,093 40
Stocks and Bonds .................... 967,121 18
Sundry R. Rs., etc ................... 696,41828
Cash and Cash Assets ............... 664,18595
C., H. and I. R. R ................... 977,03322
General Balance, March 31, 1877.
Capital Stock $3,500,000 00
Funded Debt... 3,091,000 00
Surplus Earnings 1,303,944 87
Bills Payable 246.19023
Dividends D. and M 45,44782
Dividends unpaid and Miscellaneous. 398,604 85
$8,641,187 76
$8,641,187 76
The stocks and bonds consist chiefly of securities of the companies associated
with the C., H. and D. R. R., and having a par value of $2,634,850.
Statement of funded debt in detail, March 31, 1877 :
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal,
When Due.
Amount
Authorized.
Amount
Outstanding.
1st Mortgage
7
May and Nov.
May 1, 1880.
$1,250,000
$1,246,000
2d "
7
Jan. and July.
July 20, 1885.
500,000
494,000
3d "
7
June and Dec.
June 1, 1877.
500,000
351,000
Consolidated S. F. M'ge
Oct. 1, 1875.
7
Apr. and Oct.
Oct. 1, 1905.
3,000,000
1,000,000
Abstract of general balances for ten years :
Fiscal Years.
Capital
Stock.
Funded
Debt.
Surplus
Income.
Total
Liabilities.
Railroad
Equipment
and Real
Estate.
1868...
$3500000
$2 004 000
$408 847 43
$5 912 847 43
$5 2f>2 276 94
1869
3,500000
2 032 000
303.602 69
5 835,602 69
5,295,394 73
1870
3,500,000
2 032000
375,924 94
5,907,924 94
5,309,336 03
1871
3 500000
2 032 000
539 874 51
6 071,874 51
5 320 769 63
1872
3500,000
2 032 000
705,200 87
6 237,200 87
5,326.116 98
1873
3,500,000
2032000
669,6^0 65
7254,101 02
5,495,207 98
1874
3,500,0<''0
2,150,000
961,282 80
7,761,673 99
5,506.923 98
1875
3,500,000
2,250,000
1,244,337 80
8,048.354 33
5,472,179 30
1876
3,.J>00,000
2 950 000
1 ,432 328 62
8 344,475 89
5,467,454 43
1877
3,500,000
3,091,000
1,363,944 87
8,641,187 76
5,336,428 43
This company defaulted on the interest of the C., H. and I. R. R. Go's, bonds,
guaranteed by it, due January 1, 1878:
During the year, a contract was made with the C. C. C. and I. R. R. Co. for joint
working arrangements of the two lines between Cincinnati and Dayton, to take effect
September 1, 1876.
Abstract of operations, all lines, for ten years :
Fiscal
Years.
Miles
of
R. R.
Passenger
Earnings.
Freight
Earnings.
Total.
Operating
Expenses.
Interest.
Dividends.
1867-68.
242.6
$879,143 02
$1,349,754 05
$2,401,821 57
$1.529,898 14
$436.975 00
$254,723
1868-69.
242.6
830,190 r,6
1,387.084 74
2,364,995 35
1,466,559 52
419.157 46
350.000
1869-70.
242.6
819,198 94
1,211.538 91
2,361,027 62
1,425,815 67
488.^55 00
315,000
1870-71.
242.6
814,863 54
1,325.382 27
2,497,425 79
1,364,150 83
483,604 00
280.000
1871-72
242.6
799,129 06
1,474, -89 19
2,620,662 25
1,563,761 2->
451,697 13
501.138
1872-73.
242.6
728,518 71
1,401,593 20
2,469,067 61
1,590,264 23
399,765 41
395,426
1873-74.
242.6
704,821 14
1,405,114 01
2,484,132 36
1,550,040 43
389,220 35
136,538
1874-75.
340.8
834,425 89
1,588,090 39
2.818,115 73
1,773.753 78
520,416 37
137,124
1875-76.
341.1
870,746 98
1 ,587,890 34
2,875,779 38
1,905,943 50
5->3,175 14
137,828
1876-77.
341.1
786,130 09
1,349,855 20
2.431,874 18
1,751,476 30
607,445 53
137,794
KAILROAD MANUAL OF THE UNITED STATES.
567
The dividends in the above table paid since 1873, have beee n on thstock of the
Dayton and Michigan R. R., under the contract of lease.
The following is a summary of the principal items in the general balances of all
the companies, March 31, 1877 :
Capital Stock, C. H. and D $3,500,000 00
" C., R. andC 382,60000
" " D.andM 3,687,16783
Bonded Debt, C., H. and D 3,091,000 00
" C., R. andC 625,00000
" " D.andM 2,733,80000
" " C. H. and 1 2,500,00000
Surplus Earnings, etc., C., H. and D. . 2,050,187 76
Due Lessees, etc., C., R. and C 11,136 39
" " D.andM 676,67999
" " C. H. and 1 977,03322
Construction, C., H. and D. $3,844,084 07
" C,R.andC 826,73329
" D. anclM 5,697,70317
" " 2,412,914 19
Equipment, C., H. and D 1,121,250 96
" C.,R. andC 184,55198
" D. andM 780,56412
" " 232,072 48
Dues, Advances, etc., C. H. and D 3,675.852 73
Profit and Loss, etc., C. R. and C 7,451 12
" " D.andM 619,38053
" " " C. H. and 1 832,04655
$20,234,607 19 $20,234,607 19
Directors (elected June 12, 1877). — R. M. Shoemaker, Rufus King, L. B. Harri-
son, Henry Lewis, Joseph H. Rogers, Theodore Cook, J. N. Kinney and Martin Bare,
Cincinnati, 0. ; Preston W. Smith, Dayton, 0.
R. M. SHOEMAKER, President Cincinnati, 0.
Rufus King, Vice- President " "
Sec. and Treas.—F. H. Short Cincinnati O.
G*n. Supt. — Lewis Williams " "
General Attorney— Stanley Matthews, " "
Master Meek.— J. Eckford.. " "
Gen. Fqt. Agf.—A. H. McLeod Cincinnati, O.
Gen. Tkt. Agt. — Samuel Stevenson.. " "
Pur. Agt.— P. Hickey
Master Car Repairs— W. H. H. Allison. "
PRINCIPAL OFFICE AND ADDRESS Cincinnati, 0.
CINCINNATI, HAMILTON AND INDIANAPOLIS K. K.
This road is owned by the C. H. and D. R. R. Co., and extends from Hamil-
ton, O., to Indianapolis, Ind., 98.4 miles. It was chartered as the Junction R.
R by the Legislature of Indiana, February 18, 1848, and of Ohio, March 8, 1849. It
was opened in 1867.
Rolling Stock and Operations, year ending March 31, 1877.— See C., H. and D.
R. R. Co. Gross earnings, $393 521.67 ; operating expenses, $389,546.53; net earn-
ings, $3,975.14. Payments : taxes, $12,319.46; interest, $191,203.66— loss to C. H.
& D. R. R. Co., $199.547.98.
Financial Statement. — Original cost of construction, as given June 30, 1870,
$6,187,645. Cost of road and equipment, by purchase, $2,567,713.32 ; March 31, 1877,
$2,644,986.67 ditto. First mortgage bonds, $2,500,000; advances by C. H. and D. R.
R. Co., $977,033.22. Default was made in payment of interest on these bonds due
January 1, 1878.
Officers.— Same as C., H. and D. R. R. Co.
568 RAILROAD MANUAL OF THE UNITED STATES.
CINCINNATI, EICHMOND AND CHICAGO EAILKOAD.
This company was chartered as the Eaton and Hamilton R. R., February 8, 1847,
and road opened May 1, 1853. It extends from Hamilton, 0., to Richmond, Ind., 42
miles, including the Richmond and Miami R. R., extending from Ohio State Line to
Richmond, and leased November 1, 1864. It was reorganized May 3, 1866, under its
present title, and February 18, 1869, was leased in perpetuity to the C., H. and D. R.
R. Co., the latter agreeing to pay all expenses of operation, interest, etc., etc., and to
pay over any surplus to the C., R. and C. Co.
Rolling1 Stock and Operations, year ending March 31, 1877. — See C., H. and D.
R. R. Co. Gross earnings, $185,745.88; operating expenses, $132,706.26; net earn-
ings, $53.039.62. Paid by lessees: taxes, $4.962.13 ; interest, $44,075.48: Balance,
surplus to lessees, $4,062.01.
General Balance, Marcli 31, 1876.
Construction Account $826,733 29
Equipment 184,551 98
Real Estate 700 00
Profit and Loss 6,751 12
$1,018,736 39
Capital Stock $382.60000
Funded Debt, 1st Mtg. B'ds (July, 1895) 560,000 00
" " 2d " " (July, 1889). 65,000 00
Interest Unclaimed, etc 11,136 39
$1,018,736 39
Officers.— Same as C., H. and D. R. R. Co.
DAYTON AND MICHIGAN EAILEOAD.
This company was chartered by the Legislature of Ohio March 5, 1851, and was
opened from Dayton to Toletio, 0., 140.71 miles, in 1862. May 1, 1863, it was leased
in perpetuity to the C., H. and D. R. R. Co., the lessee agreeing to pay taxes, ex-
penses, interest, etc., and to guarantee the payment of interest coupons on $3,000,000
mortgage bonds. On the 23d of June, 1870, the lease was so modified as to provide
that the lessee should pay all debts and liabilities of the D. and M. R. R. Co., set
aside a sinking fund for payment of mortgage bonds, authorizing issue of preferred
stock, and providing for payment of dividends thereon, and also an annual dividend
of 3£ per cent, on the unpref erred stock.
Rolling: Stock and Operations, year ending March 31, 1877. — See C.,H. and D.
R. R. Co. Gross earnings, $905,685.48; operating expenses, $595,051.73; net earn-
ings, $310,633.75. Payments by lessee, taxes, $56,214.15 ; interest, $186,526.39. Divi-
dends : on stock preferred, $102,888 ; common, $34,906.37— total payments, $380,534.91.
Loss to lessee, $69,901.16.
RAILROAD MANUAL OF THE UNITED STATES.
Abstract of operations for six years :
569
Fiscal Years.
Gross
Earnings.
Operating
Expenses.
Net
Earnings.
Interest on
Bonds.
Surplus.
Deficit.
C., H. and
D. R. R. Co.
Advances.
1871-72
fl, 101,612 16
$697,619 88
$408 992 28
$263,211 91
$50,038 70
$265 172 71
1872-' 3
1,034,567 10
7'22,110 18
312 456 92
211 496 03
$54 063 36
117 576 82
1873-74
1,098,957 78
685,952 74
413,005 04
191,552 85
43 -?98 69
50 034 60
1874-75
1,056,909 37
661,910 87
394 998 50
189 513 17
26 381 75
41 14(> 12
1875-76
1,079.384 91
649,916 23
429,468 68
188,405 14
53,357 86
48,160 00
1876-77
905,685 48
595,051 73
310 633 75
186 526 39
69901 16
General Balance, March 31, 1877.
Construction Account . . $5,697,703 17
Real Estate, etc 387,905 25
Rolling Stock 780,56412
Profit and Loss and Sundries 231,475 28
$7,097,647 82
Capital Stock ( $3,687,167 83
Funded Debt ! 2,623,00000
Toledo Depot Bonds 105,500 00
C., H. and D. R. R. Co., etc 681,979 97
$7,097,647 82
The funded debt was reduced during the year $5,000. by flie retirement of 3d
mortgage bonds. Outstanding bonds are as follows : — 1st mortgage 7 per cent, due
July, 1881, $1,840,000; 2d mortgage 7 per cent., due September, 1884, $426,000 ; 3d
mortgage 7 per cent., due October, 1888, $351,000. The Toledo depot bonds are 7 per
cents., and are due, 1st mortgage, March, 1886, $52,500 ; 2d mortgage, March, 1894,
$53,000. The capital stock consists of common, $2,401,067.83 ; preferred, $1,286,100.
Officers.— Same as C., H. D. R. R. Co.
CINCINNATI AND MUSKINGUM VALLEY KAILWAY.
Line of Road. — Morrow, O., to Dresden Junction, O 148.4 miles.
Sidings, etc., 13.53 miles. Gauge, 4 feet 9| and 4 feet 10 inches. Rail, 56 and 60 Ibs.
This company was chartered as the Cincinnati, Wilmington and Zanesville R. R.
Co., February 4, 1851, and the road opened in 1857. It was sold under foreclosure
October 17, 1863, and reorganized March 11, 1864, under title of Cincinnati and
Zanesville R. R. Co. Sold again, December, 1869, and reorganized under present
title January 25, 1870. On the 1st of January, 1873, this road was leased to the Pitts-
burg, Cincinnati and St. Louis Railway Company for 99 years, and has since been
operated by the Pennsylvania Company, lessees of P., C. and St. L. Railway. The
lease provides that any surplus, after payment of interest and operating expenses,
shall go to stockholders.
Rolling1 Stock. — Locomotive engines, 14. Cars — passenger, 12 ; baggage and
express, 4 ; freight (box, 65 ; stock, 39 ; platform, 14 ; coal, 256), 374— total revenue
cars, 390 ; also, 4 caboose, and 1 service car.
Operations for year ending December 31,1877. — Trains run — passenger, 197, 300 ;
freight, etc., 216,900— total, 414,200 miles. Passengers carried, 184,769 ; carried one
mile, 3,767,011. Freight moved, 246,603 tons ; moved one mile, 14,752,093 tons.
570
RAILROAD MANUAL OF THE UNITED STATES.
Earnings.
From Passengers $100,535 15
" Freight 251,556 99
" Mail, Express, etc 14,68172
Expenditures.
For Maintenance of Way $121,635 94
" Rolling Stock -124,336 61
" Transportation, etc 94,916 36
$366,773 86
Balance — net earnings, $25,885.05. Payments — interest paid on funded debt,
$105,000 ; advanced by lessees, $79,114 05.
Abstract of operations for seven years :
Fiscal Years.
Miles
of
R. R.
Pas-
senger
Tram
Miles.
Freight
Train
Miles.
Passen-
gers
Carried.
Tons
Freight
Moved.
Gross
Earnings.
Net
Earnings.
Payments,
Interest.
1870-71.. . ..
132
103 083
9R,359
1 1 5 971
96 322
$325, °38
$40054
1871-72. ..
148
183 38 >
212,025
159 543
166,3(>0
458 573
1&5,715
$96,965
1872-73
148
129,195
159,095
164.354
190,408
478,155
67,845
105,000
1873-74
148
196 500
214,580
176042
174 660
411 313
20 242
105 000
1874-75
148
194,510
224,380
206 988
199,692
431,^11
26,802
"1 05,' '00
1876
148
202725
194025
186,632
192,788
322,359
5,972
: 05,000
1877
148
197,300
2.6,900
181,769
246,603
366,774
25,886
105,000
General Balance, December 31, 1877.
Construction Account $5,540,164 38
Sundry Assets 18,028 67
Cash 26,285 00
Profit and Loss 409,97520
$5,994,453 25
Capital Stock $3,997,320 00
Funded Debt. 1,500,000 00
Coupon Account, etc
79,049 39
P., C. and St. L. Railway, lessees 418.083 86
$5,994,453 25
The funded debt consists of 1st mortgage 7 per cent, bonds, due January 1, 1901.
Abstract of general balances for seven years :
Fiscal Years.
En-
gines.
Cars.
Stock.
Bonds.
Debt.
Total.
Construc-
tion.
Other
Assets.
1870-71 . .
16
373
$3,845,815
$1 500 000
$5 345 815
$5 500 000
$154 185
1871-72
16
386
3,996.610
1,500 000
5 496 610
5'500'387
3 777
1872-73
13
384
3,9L'6,670
1,500,000
$45 826
5 542 496
5'519'980
22 516
1873-74
13
3.59
3,996,770
1,500 UOO
177,692
5 674 362
5 534 688
20 147
1874-75
15
342
3,997,170
1,500 000
184 052
5 681 224
5 53"' Ol)9
20 032
1876
14
372
3,997,320
1,500,000
391 610
5 889 054
5 540 164
18 276
1877
14
390
3,997,320
1,., 00,000
497 133
5 994 453
5 540 164
44 314
Directors (elected March 26, 1878).— Charles Moran, New York ; Thomas D.
Messier, Pittsburg: G. B. Roberts, Philadelphia; James Buckingham, M. Churchill,
Zanesville, 0. ; D. S. Gray, Columbus, O. ; G. W. Adams, Dresden, O.
THOMAS D. MESSLER, President ^ Pittsburg, Pa.
Superintendent C. C. Waite. | Secretary and Treasurer C. C.
PRINCIPAL OFFICE AND ADDRESS Zanesville, O.
Lessees' Office Pittsburg, Pa.
EAILEOAD MANUAL OF THE UNITED STATES. 571
CINCINNATI AND PORTSMOUTH K. K. (In Progress.)
Line of Road.— Cincinnati, 0., to Ports-mouth, O . . .100.00 miles.
In operation. — Columbia, O., to Mount Carmel, 0 11.52 "
Sidings, etc., 1.5 mile. Gauge, 3 feet. Eail, 40 Ibs.
This company was organized January 13, 1873, and road opened lo present ter-
minus October 15, 1877. It is intended te build 40 miles more the present year.
Rolling Stock.— Locomotive engines, 2. Cars — passenger, 3: baggage, etc.,1;
freight (box, 4 ; platform, 6), 10 — total, 14.
Operations for two and a half months ending December 31, 1877. Trains run,
6,600 miles. Passengers carried, 2,453 ; freight moved, 180 tons. Gross earnings,
$1,355; operating expenses, $714.50 ; net earnings, $640.50.
Financial Statement, December 31, 1877. Capital stock, $56,460; floating debt,
£103,062— total liabilities, $159,522. Per contra: Cost of construction, $127,482;
equipment, $26.540; other accounts, $5.50C — total, $159,522. The company holds
also $95,540 bills receivable. It is intended to issue 7 per cent. 1st mortgage bonds,
at the rate of $6,000 per mile.
Directors (elected, 1877).— H. Brachmann, D. K. Este, A. A. Cotter, W. H. Corbly,
A. Hopper, Cincinnati, 0. ;,W. W. Duck-wall, Mount Carnel, O. ; E. G. Penn, Amelia,
O., and Joseph Clare, Bethel, 0.
H. BKACIIMANN, President Cincinnati, O.
Treasurer — A. A. Cotter Cincinnati, O. General Superintendrnt — D. K. Este. Cincinnati, O.
Secretary— M. Simmons
Chief Eiiginetr— C. W. Perin.
PRINCIPAL OFFICE AND ADDRESS Cincinnati, 0.
CINCINNATI RAILWAY TUNNEL. (In Progress.)
Line of Road. — Cincinnati, O., to Sharon, 0 12.5 miles.
Graded, not laid with rail 2.0 "
Chartered February 6, 1847, as Dayton. Lebanon and Deerfield R. R. Co., and
reorganized as Dayton and Cincinnati R. R. Co.rin 1871. Name changed under statute
to Cincinnati Railway Tunnel Co., January 21, 1872.
Financial Statement, June 30, 1876. — Capital stock authorized — common, $1,-
000,000; preferred, $1,0(JO,000; paid in (old), $378,500; common, $44,450; preferred,
$40,800— total, $463,500. Funded debt, 1st mortgage 7 per cent, bonds, $49,000-
floating debt, $8,423.59— total stock, bonds and debt, $520,794.92. Cost of construc-
tion, $728,825.72. No later report furnished.
A. J. HODDER, President Cincinnati, 0.
Treasurer— Richard Beresford Cincinnati, O. | Secretary— S. H. Goodin Cincinnati, O.
PRINCIPAL OFFICE AND ADDRESS Cincinnati, 0.
CINCINNATI, SANDUSKY AND CLEVELAND PvAILEOAD.
Line of Road.— Springfield, 0., to Sandusky, O 129.42 miles.
Branch : Cary, O., to Findley , 0 15.51
Leased : Columbus, Springfield and Cincinnati Railroad 44.37—59.88 " .
Total length of line operated 189.30 miles.
572
RAILROAD MANUAL OF THE UNITED STATES.
Sidings, 15.96 miles. Gauge, 4 feet 10 inches. Rail, 56 Ibs. Steel rail, 20.98
miles.
Chartered as Mad River and Lake Erie R. R. , June 5, 1832, and road opened from
Springfield to Sandusky in 1848. Tiie Springfield and Columbus R. R. was leased
June 1, 1854. February 23, 1858, the title was changed to Sandusky, Dayton and
Cincinnati, and again, July 2, 1866 to Sandusky and Cincinnati. The present title was
taken January 11, 1868.
The Columbus, Springfield and Cincinnati Railroad, successors to Springfield and
Columbus R. R., is operated under a perpetual lease from July 1, 1870. The princi-
pal and interest of the bonds are guaranteed, and the stock is owned and held in trust
by the C. S. and C. R. R. Co., by exchange for their own stock. The company rent
the track of the C. C. C. and I. Ry., from Springfield to Cincinnati, 85 miles.
During a considerable portion of the year 1876-77, the property was in the hands
of a; Receiver
Rolling Stock. — Locomotive engines, 35. Cars — passenger, 26 ; baggage, mail
and express, 12 ; and freight (box, 311 ; platform, 128 ; stock, 66 ; coal, 337), 842—
total revenue cars, 880. Also, 56 service cars.
Operations for year ending June 30, 1877. — Trains run— passenger, 300,580;
freight, 352,121 ; other, 136,572— total, 849,273 miles. Passengers carried, 285,513 ;
carried one mile, 7,725,854. Freight moved, 365,379 ; moved one mile, 29,402,962 tons.
Earnings.
From Passengers $199,453 56
" Freight 415,001 07
" Mail and Express 31,49652
Miscellaneous 8,479 68
$655,420 83
Expenditures.
For Maintenance of Way $130,409 58
" Boiling Stock 87,27787
" Transportation 266,23583
Miscellaneous 30,342 77
$504,266 05
Balance — net earnings, $151,154.78; add 35 percent, earnings of leased line,
$65.206.48. Total, $216,361.26.
Net Income Account. — Earnings and rental, $216,361.26 ; securities from R. R.
Sloane, $11,065.96 ; miscellaneous receipts, 3,428.53 — total net receipts, $230,855.75.
Payments — taxes, 26,411.04 ; interest on bonds, $162,391 ; dividends on preferred
stock, $25,731 ; interest on floating debt, $13,355.68 ; rental, $80,000; miscellaneous
payments, $2,038.72— total payments, $309,927.39. Balance, deficit for year, $90,527.41-
Abstract of operations for nine years :
Fiscal
Years.
Miles
R..R.
Passen-
gers.
Train
Mileage.
Freight
Tons.
Train
Mileage.
Gross
Earnings.
Net
Earnings.
Interest
Paid.
Divi-
dends,
Pr. Slock.
p.c.
1868-69.
191
*559,259
212,596
$79^ 469
$145 405
t$168,234
1869-70
191
142,000
*003,581
235,937
810 477
274,432
t207.779
1870-71.
191
309,187
239,205
295,063
800 702
304076
t!82073
1871-7-2.
18T2-73
189
189
254,436
332,645
283393
314.845
311,410
850,755
740,772
325,244
240,055
150,727
232,174
$25,742
25,753
6
fi
1873-74.
1874-75.
1875-76.
1876-77.
189
189
189
189
255,467
304,992
305,032
285,513
318,591
332,271
370,674
360,580
321,246
392.264
424,357
368,379
399,274
481,074
437,369
352,121
731,137
787,671
791,891
655,421
134,550
225,896
214,983
151 ,155
161,133
158,961
158,961
162,391
25,731
25,731
25,731
25,731
6
6
6
6
* Mileage of all trains.
t Including dividends on preferred stock.
RAILROAD MANUAL OF THE UNITED STATES.
573
General Balance, July 1, 1877.
Construction and Equipment $6,217,055 00
Materials 18,383 20
Stocks and Bonds 1,022,600 00
Sundry Accounts 55,13657
Miscellaneous Dues 68,583 48
Cash and Cash Items 10,43070
Capital Stock $4,005,750 00
Preferred Stock and Scrip 429,037 45
Funded Debt and Bond Scrip 2,447,742 60
Bills Payable 99,203 14
Interest and Dividends 165,750 50
Sundry Accounts 246,022 26
$7.392,188 95
Description of bonds issued and outstanding :
$7,392,188 95
Character of Bonds.
Rate.
Interest Payable.
Principal,
When Due.
Amount
Outstanding.
1st Mort., Sandusky City and Ind. R. R. Co —
1st " " Dayton & Cincin. '•
1st &2d Mort., Cin.,Sand'y&Cleve. " ...
Eastern
7
6
7
March and Sept.
Feb. and Aug.
June and Dec.
March 1, 1877.
Feb. 1, 1900.
June 1, 1890.
$350,000 00
993,000 00
1,100,425 60
3,000 00
Abstract of general balances for eight years :
Fiscal
Years.
Stock.
Funded
Debt.
Other
Accounts.
Income
Balance.
Construction
and
Equipment.
Materi-
als, etc.
Other
Accounts.
Cash and
Cash Items.
1869-70.
$3,396 446
$2,417 851
$173,547
$5,840,623
$51,545
$19,344
$76,333
1870-71 .
1871-72.
3,409,596
4,729,037
2,419,421
3,261,330
93,855
13,008
$149,120
5,834,514
7,982,936
50,300
64,967
20,540
122,221
1872-73.
1J-73-74. ,
1874-75.
1875-76.
1876-77.
4,224,3(12
4,176,637
4,434,787
4,434,787
4,434,787
2,250.513
2.226,30*1
2,419,300
2.419,300
2,447 280
44,428
85,433
389,178
399,963
510,122
28,832
3,»>85
47,117
76,006
6,158658
6,165,270
- 6,168,985
6,215,332
6,217,055
49,588
50,107
42,719
27,1.24
18,383
20,073
41,124
1,071,964
1,031.450
1,146,320
14,809
10,156
6,768
57,263
10,431
The company made default in payment of interest on 2d mortgage bonds due
June and December, 1877.
Directors (elected October 17,1877). — John S. Farlow. I.D. Farnsworth, John At-
kinson and N. W. Pierce, Boston, Mass. ; J. H. Thomas, Springfield, 0. ; E. B. Sad-
ler and J. D. Chamberlain, Sandusky, O. ; George Wilshire, Cincinnati, O. ; and I.
A. Jeffrey, Columbus, O.
JOHN S. FARLOW, President Boston, Mass.
N. W. Pierce, Vice-President " "
Gen. Manager— D. W. C. Brown Sandusky, O.
Sec. and Tteas.—H. L. Moore "
Superintendent — Charles Howard " "
Gen. Ticket Agent— H. M. Bronson... "
Purch. Agent— D. W. C. Brown. ..... "
Auditor — L. H. Lewis Sandusky, O-
Master Mechanic— B. J. Gregg
Master Car Builder — S. J. Catherman "
Gen. Frt. Agt—C. B. Lockwood "
Supt, of Bridges— J. F. Randolph .... "
PRINCIPAL OFFICE AND ADDRESS Water Street, Sandusky, 0.
Transfer Office 38 India Street, Boston.
COLUMBUS, SPBINGFIELD AND CINCINNATI K. K.
This company was organized May 7, 1869, and opened in 1872. The Cincinnati,
Saudusky and Cleveland R. R. Co. has a perpetual lease of the road which runs from
574 EAILEOAD MANUAL OF THE UNITED STATES.
Springfield, O. , to Columbus, 44.37 miles, with 2.25 miles of sidings. The lessees
operate the line, and pay to the lessors 35 per cent, of the gross earnings.
Rolling Stock and Operations.— Included in lessees' returns.
Income account for the year ending June 30, 1877.— Receipts — from lessees for
rent of road, $65,206.48. Expenditures — interest on bonds, paid by lessees, $80,000.
Financial Statement. — Capital stock authorized, $1,000,000 ; paid in, $1,000,000 ;
funded debt, 1st mortgage 7 per cent, bonds, due September 1, 1901, $1,000,000 ;
floating debt, $28.250 — total stock, bonds and debt, $2,023,250. Cost of road and
equipment, $2,000 000.
Officers.— Same as C. S. and C. R. R. Co.
CLEVELAND, COLUMBUS, CINCINNATI AND INDIAN-
APOLIS EA1LWAY.
(Cleveland, O., to Columbus, O 1C8.00 miles.
Lines of Road. •] Gallon, O., to Indianapolis, Ind. (B. R'y) .203.15 "
( Delaware, O., to Springfield, 0. (S., Mt. V. & P. R.R.) 50.00 "
391.15 miles.
Lea'sed : Cincinnati and Springfield Railway 80.50 "
Total length of lines owned, leased and operated by the company.. .471.65 miles.
Double track, 20,51 miles. Sidings and other tracks, 103.21 miles. Gauge, 4 feet
8| inches. Rail, 60 Ibs. Steel rails, 285 miles.
The Cleveland, Columbus and Cincinnati R. R. Co. was chartered March 12,
1845 ; was completed and trains run through from Cleveland to Columbus, O.,
February 22, 1851. In 1861 the company purchased that portion of the Springfield,
Mt. Vernon and Pittsburg R. R. between Delaware and Springfield, O., 50 miles.
The Indianapolis, Pittsburg and Cleveland R. R., from Indianapolis to Union City,
Ind., 84 miles, and the Bellefontaiue and Indiana R. R. , from Union City to Gallon,
O., 119.62 miles, were consolidated in 1864, under the name of Bellefontaine Railway.
In April, 1868, the Cleveland, Columbus and Cincinnati R. R. Co. was consoli-
dated with the Bellefontaine Railway Co., under name of Cleveland, Columbus, Cin-
cinnati and Indianapolis Railway Co., and January 24, 1871, became lessees of Cin-
cinnati and Springfield Railway, Cincinnati to Springfield, O., 80.5 miles.
During the year, the gauge was changed from 4 feet 9| inches to 4 feet 8-J
inches.
Rolling Stock.— Locomotive engines, 139 ; C. and S. R. R., 16— total, 155. Cars
— passenger, 73; express and baggage, 22 ; mail, 6; and freight (box, 1,941; stock,
365 ; platform, 632 ; coal, 776), 3,714— total, 3,815 revenue cars. Also, 1 directors'
car, 1 pay car, 76 caboose cars, and 8 service cars. Included in this statement is the
equipment of the C. and S. Railway.
Operations for year ending December 31, 1877. — Trains run — passenger, 934,094,
freight, 3,060,199; other, 119,489 miles— total, 4,113,782 miles. Passengers carried
through, 62,298 ; way, 632,830— total, 695,128 ; carried one mile, 29,066,177. Freight
moved through— east, 843,342 ; west. 209,090— total through, 1,052,432 ; way— east,
355,847 ; west, 215,921— total, 1,624,200 tons ; moved one mile, 275,686,300 tons.
BAILROAD MANUAL OF THE UNITED STATES.
575
Earnings.
From Passengers $680,918 78
" Freight 2,453.80376
«' Mail 75.71778
" Express 74,494 53
" Kents, Interest and Dividends. . 149,421 30
Expenditures.
For Maintenance of Way $566,643 84
" Rolling Stock 474,796 73
" Fuel 266,49814
" Transportation 1,348,883 82
Miscellaneous 113,512 25
$3,434,356 15 $2,770,344 28
Balance— net earnings (19.92 per cent.), $664,011.87. Payments—taxes, $175,-
232.45; interest on bonds, $426,877.50. Total, $602,109.95. Balance— net surplus
for year, $61,901.92.
Abstract of operations for ten years :
L— TRAIN MOVEMENTS.
Year.
Passenger
Train
Mile*.
Freight
T'aln
Miles.
Total
Train
Miles.
Passen-
^ge^^
Carried.
Carried
One Mile.
Total
Tons
Freight.
Tons One
Mile.
Tons
East.
Tons
West.
1868.
768,374
1,261,755
2,177,407
546.377
29.770,918
628,356
95,130,680
387,876
240,480
1869.
771,178
1,496,396
2,402,717
570.594
27,2114,924
825,465
116,325,486
53;, 561
287,904
1870.
777,44'.!
1,675.329
2,609,033
559,728
28,561,344
935,841
148,875.519
601,883
333,958
1871
65i ',191
2,401.940
3,270,327
518,611
27.178,2*9
1,177,657
210,677,316
815,516
362,141
1872.
644,307
2,986,590
3.887,157
512,396
27,51^,395
1,444,354
256,313,274
1,045.068
399,286
1873.
694,735
3 489.3:3
4,350,508
543,624
27,623,254
1,680*588
270,3H i,194
1,288,767
391.821
3874.
799,085
3,274,554
4,212,988
668,541
28,951,002
1,531,952
264,163,951
1,130,820
401,132
1875.
925,296
3,069,180
4,158,591
780,470
30.497 320
1,611,174
263,311,981
1,148,901
462.273
1876
1,041,270
3,509,424
4,682,878
^00.808
36,042,780
1745.367
311,7*5,948
1,278,384
466,983
1877.
934,094
3,060,119
4,113,782
695,128
29,066,177
1,624,200
275,686,300
1,199,189
425,011
II. — EARNINGS, EXPENSES, ETC.
Year
Passen-
gers.
Freight.'
Miscella-
neous.
Total
Earnings.
Operating
Expenses.
Net
Earnings.
Interest.
Divi-
dends.
0
i
$
$
*
$
$
$
$
$
1868.
849,28". 58
1,843,129 82
270,200 20
2,962,613 62
2,085,549 72
877.063 30
137,550 00
3R5.844 50
3*
1869.
840.773 54
-',(190,542 76
211,57361
3,142,889 91
2,185,742 30
957,147 61
151.701 21
731,923 50
7
1870
843,830 5
2,269,0^8 36
255,41244
3,368.281 05
2,348,237 59
1,020,043 46
210.000 00
742,528 50
7
1871.
797,917 49
2,873,535 74
247,H3 82
3,'-'18,784 05
2,703,246 75
1,215,537 30
210,000 Od
812.602 00
7
1872.
8 10,708 (»4
3,439,999 91
322,462 30
4,573,170 85
3,321,579 38
1.251.591 47
199 631 28
1,019,312 00
7
1873.
8^1,272 23
3,735,894 81
320,281 55
4,8^7,448 59
3,550,416 55
1.337,032 04
229.393 36
524,660 50
?*
1874.
786,249 76
3,148.197 40
814,158 92
4,248,606 08
3,315.931 09
902.674 9!l
287,052 52
1,142,280 00
;*
1875.
774.9:33 75
2,647.225 39
352,0 814
3,774,217 28
2,880,192 79
894,024 49
383,763 30
449,71S 00
8
1876.
800.828 26
2,537.009 40
338,620 20
3.676,457 86
2,973,539 94
702,917 92
42^,382 50
. .
1877.
680,918 78
2,453,803 76
299,633 61
3,434,356 15
2,945,576 73
488,779 42
426,877 50
Included in total earnings in above table are interest and rental received, and in
operating expenses are State and other taxes.
Statement of receipts and expenses per mile for eight years, in cents and fractions:
Receipts.
1870.
1871.
1872.
1873.
1874.
1875.
1S76.
1877.
Pas.
Frt.
Pas.
Frt.
Pas.
Frt.
Pas.
3.469
2 526
Frt.
Pas.
Frt.
1.776
0.984
Pas.
Frt.
Pas.
Frt.
Pas. Frt.
W'ay
3.463
2.494
2.138
1.245
3.459
2.427
1.939
1.119
3.467
2.442
2.946
1.482
1.804
1 171
1.899
1.175
2.834
2.553
2 630
2.383
1.622
0.77H
2.482
1.886
1.429
0.650
2 4081.538
2.2410.716
Through
Average —
Expenses. .
Net result. .
2 954
1.2^4
1.524
1.289
2.936
1.224
1.364
1 074
1.342
1.087
3.009
1.481
1.362
1.099
2.716
1.402
1.192
1.051
2.541
1.280
1.261
1.005
0.887
2.222
1.236
0.814
0.756
2.3430.890
1.4810.849
1.670
0.235
1.7120.290
1
1.464
0.255
1.528
0.263
1.314
0.141
0.118
0.986
0.058
0.8620.041
576
RAILROAD MANUAL OF THE UNITED STATES.
Under the traffic arrangements with the Indianapolis and St. Louis R. R., and
the lease of the Cincinnati and Spring-field Ry., there was advanced to the former
$74,000, and to the latter, $178,696.13. In November, 1876, working arrangements
were made between the Cincinnati and Springfield and the Cincinnati, Hamilton and
Dayton R. R. Co. in the management of the lines between Dayton and Cincinnati.
The operating arrangements between the Terre Haute and Indianapolis and Indian-
apolis and St Louis R. Rs. were terminated December 31, 1877. There was charged
to construction account during the year, $^0,083.80, and accounts amounting to $103,-
743.86 were charged off as worthless.
Profit and Loss Account, Tear 1877.
Balance, December 31, 1876 $494,803 §6
Earnings for Year 3,434,356 15
$3,939,160 01
Operating Expenses $2,770,344 28
T..xes, Interest, etc 705,853 81
Balance, Surplus 452,961 92
$3,939,160 01
General Balance, December 31, 1877.
Construction.. $17,998,642 22
Materials on Hand s . 319,035 66
Ind. and S. L. Ry. Stocks and Bonds.. 976,750 00
Cincinnati and Springfield Railway.... 1,777,915 28
Other Stocks and Bonds 245,092 02
Due from other Railroads 146,738 70
Miscellaneous 52,206 99
Cash and Cash Items 634,951 11
$22,151,331 98
Capital Stock $15,000,000 00
Less Am't held by Co... .8,200 00— $14,991,800 00
C., C. C. and I. Bonds 5,626,000 00
B. and I. R. R. Bonds 4:>9,000 00
Unpaid Dividends 19,40828
Bills Payable 230,000 00
BillsAudited 402,16178
Surplus 452,961 92
$22,151,331 98
Abstract of general balances for seven years :
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Capital Stock
$
12,791,350
$
14 991 275
$
14 991 650
$
14 991 693
$
14 991 800
$
14,991,800
$
14,991,800
C., C. and C. R. R. Bonds. . .
C., C.,C. andl. Ry. Bonds..
B and I. R. R. Bonds
323,000
2,064,000
616,000
272,000
2,214,00 "
514,000
271,000
2,700,000
453000
248,000
4,000,000
448 000
228,000
5,500,000
441 000
20-',000
5,478,000
435,000
175,000
5,451,000
429,000
Past due Bonds
5,000
5,< '00
5,000
1,000
1 000
1,000
Bills Payable
370,000
459,586
263,186
60.000
60,000
230,000
291,950
546,473
407832
380389
346 438
360,034
402,162
406,315
524,640
524,664
449,718
Sundry Items
22,166
5,173
9,189
9.139
22,548
19,681
19,408
Surplus
270,764
310,412
893,390
275,509
222,587
494,804
452,962
16,790,545
19,752,9.73
20,190,647
21,141,230
22,263,091
22,040,319
22,151,332
Construction and Equipm't.
Materials
13,774,883
403,417
16,395,573
433,455
17,097,2-22
398,710
17,389,587
434,441
17,578,381
393,322
17,978,558
348,235
17,998,642
319,036
I. & St. L. R. R, Sfk & Bonds
C.& S.Ry.B'ds,Advances,etc.
Other Stocks and Bonds
Real Estate..
983.948
76,876
27,000
121,157
983,948
618,076
255,229
42,666
1,001,948
933,035
235.429
41,750
1,050,648
1,173,553
279,429
41,600
1,050,748
.1,340,777
319,135
41 6( :0
1,050,748
1,599,219
243.804
41,600
976,750
1,777,915
245,092
52,207
Current Dues
315,168
380,a33
371,313
356,732
3-21,499
225,946
202,140
Miscellaneous Assets. . '.....
4,917
1,071,269
29,926
613,201
22.935
87,705
14,665
400,475
250,673
966,956
47C,938
79,271
504,549
75,001
16,790,545
19,752,973
20,190,647
21,141,230
22,263,091
22,040,319
22,151,332
BAILEOAD MANUAL OF THE UNITED STATES.
Statement of funded debt in detail, December 30, 1877 :
577
Nature of Securities.
Amount
Outstand-
ing.
1st Mortgage (C., C. and C. R. R.) Bonds, $25,000 due each year to 1884, 7 per cent.
1st Mortgage (B. and I. R. R.) Bonds, new 7 per cent., due 1875 to 1809
1st Mortgage S. F. (C.. 0., C. and I. Railway) Bonds, 7 per cent., due May, 1899
1st Consolidated Mortgage Bonds, 6 per cent, gold, 7 per cent, currency, due 1914. . .
$175,000
429,000
3,000,000
2,451,000
The consolidated mortgage bonds were issued under a mortgage of $7,500,000,
created in 1874, and are secured by a sinking fund of 1 per cent, yearly. The pay-
ment of other outstanding bonds was provided for in the trust deed, and $3,696,000
in those bonds deposited with the United States Trust Co., in New York, to cover
such outstanding bonds.
Directors (elected March 6, 1878).— J. H. Devereux, S. Burke, L. M. Hubby, H.
B. Hurlbut, Jas. Barnett, T. P. Handy and Amos Townseud, Cleveland, O. ; B. S.
Brown, Columbus, 0. ; Robert M. Shoemaker, Cincinnati, O. ; H. J. Jewett, H. R.
Baltzer, F. L. Leland and Walton Ferguson, New York.
J. H. DEVEREUX, President Cleveland, O.
H. B. Hurlbut, Vice-President
Oen. Manager— E. B. Thomas Cleveland, O.
Sec. and 1 'rcas.— George H. Russell..
Gen. Superintendent— ft. S. Flint "
Chief Engineer— Frank Ford "
Auditor— Alfred Ely
Paymaster— E. C. Sheldon Cleveland, O.
Gen. Freight Agent— Lucien Hills... " "
Gen. Ticket Agent— S. F. Pierson "
Master Mechanic— L. S. Young "
Cleveland, O.
PRINCIPAL OFFICE AND ADDRESS Cleveland, O.
Transfer Agents, U. S. Trust Co New York City.
CINCINNATI AND SPKINGFIELD KAILWAY.
This company was organized September 9, 1870, and the road opened July 1,1872.
It extends from Cincinnati to Springfield, 0., 80.5 miles, with 15.25 miles of sidings.
It was built as an extension into Cincinnati of the Cleveland, Columbus, Cincinnati
and Indianapolis Railway, and was leased in perpetuity by that company on comple-
tion, the lessors operating the road, and paying any balance over operating expenses,
after interest on bonds is paid to the lessees.
Rolling Stock. — Locomotive engines, 16. Cars — passenger, 15; baggage, mail
and express, 8 ; and freight, 300 — total revenue cars, 323. Also, 11 service cars.
Operations for year ending December 31, 1877. — Included in lessees' report.
Advanced by lessees under contract, $178,696.10.
General Balance, December 31, 1877.
Construction, Equipment, etc $3,848,339.38
Cash and Bills Receivable 7,124 10
Balance 1,147,451 80
37
$5,002,915 28
Capital Stock $1,100,000 00
Funded Debt. 2,651,000 00
Advances C., C., C. and I. R. Co 1,251,915 28
$5,002,915 28
578
BAILROAD MANUAL OF THE UNITED STATES.
Funded debt consists of $2,000,000 1st mortgage 7 per cent, bonds, due April, 1901,
and $651.000 7 per cent. 2d mortgage bonds, due January, 1902. The C., C., C. and I.
Railway Co. own $526,000 of the 2d mortgage bonds.
R M. SHOEMAKER, President and Superintendent Cincinnati, 0.
CLEVELAND, MOUNT YEENON AND DELAWAKE E. E.
Line of Road. — Hudson, 0., to Columbus 0 144.42 miles.
Leased line : Massillon and Cleveland R. R 12.50 "
Total length of line owned, leased and operated 156.92 miles.
Sidings, etc., 16.58. Gauge, 4 feet 10 inches. Rail, 56 Ibs.
This company was chartered May 17, 1851, as the Akron Branch of the Cleveland
and Pittsburg R. R. Co., and the road opened \from Hudson to Millersburg, 61 miles,
in 1853, when, March 17, it was reorganized under the title of Cleveland, Zanesville
and Cincinnati R, R. Co. The road was placed in the hands of a Receiver August 27,
1861, and sold under foreclosure November 2,1864, to the P., Ft. W. and C. R. R. Co.,
by whom it was leased, July 1, 1869, to the Pennsylvania R. R. Co. It was sold by
the latter company November 4, 1869, to the Pittsburg, Mount Vernon, Columbus and
London R. R. Co., already operating 65 miles of road; and December 20, 1869. the
present title was taken on consolidation of the two companies. A branch from Kil-
buck to Dresden, 0., 34 miles, is under construction. The road as now operated was
completed September 1, 1873.
Rolling Stock. — Locomotive engines, 22. Cars — passenger, 13 ; baggage, mail
and express, 13 ; and freight (box, 70 ; stock, 5 ; platform, 10 ; coal, 515), 600 — total
revenue cars, 626. Also, 12 service cars.
Operations for year ending December 31, 1877. — Trains run— passenger, 187,366 ;
freight and other, 237,634— total, 425,000 miles. Passengers carried, 231,950 ; carried
one mile, 4,301,158. Freight moved, 240,507 tons ; moved one mile, 2,303,647 tons.
Earnings.
From Passengers $122.728 63
" Freight 240,359 34
" Mail, Express, etc 25,80819
Expenditures.
For Maintenance of Way $97,703 59
" Rolling Stock 101,9*2023
" Transportation, etc 107,547 34
$388,896 16 $307,171 16
Balance — net earnings, $81,725. Payments — interest on bonds, $161,000. Lease
of Massillon and Cleveland R. R., $20,000; other payments, $21,482.09— total,
482.09. Excess of payments, $120,757.09.
Abstract of operations and financial condition for five years :
2-
00
1
Year.
Miles
R.K.
0
ID
q
•
s
Train
Miles.
Pas«en-
gers.
Freight
Tons.
Gross
Earnings.
Net
Earnings.
Capital
Stock.
Funded
Debt.
Construc-
tion.
W
o
1873.
156.92
W
610
224.745
$355 325
$133 167
$1 751 035 «a nnn non
$4,572,915
1874.
156 92
22
610 364,397
274,688
324,725
445,8 0
135,945
1,751,035
3.097,959
4,619,511
1875.
K6.92
22
633 ; 406,942
253,343 i 238,899
426,027
96,667
1,761,871
3,298,994
4,854,704
1876.
156.9-2
22
634 1 386,754
252,477 206,9(i6
373,.'83
63,533
1,764,344
3,286,549
4,843,383
1877.
156.92
22
626 ! 425,000
231,980
240,507
388,896
81,725
1,767,413
3,327,759
4,842.119
The funded coupons are included in the statement of funded debt in above table.
RAILROAD MANUAL OF THE UNITED STATES.
579
General Balance, December 31, 1877.
Construction, Equipment etc $4,628,870 61
Dresden Branch.. 213,24822
Sundry Dues
Cash, etc ...
24,832 99
, 10,61917
Profit and Loss . . . 389,851 91
$5,266,822 90
Capital Stock $1,315,962 58
" Preferred 451,45000
Funded Debt 2,969,000 00
Other Liabilities 458,303 94
Sundry Accounts 72,106 38
$5,266,822 90
A scheme is in preparation for a reorganization of the company with a view to
the harmonizing of all rights and interests.
Statement of funded debt in detail :
Title and Character of Bonds.
Date of
Issue.
Rate.
Interest
Payable.
Principal,
When Due.
Amount
Issued.
Amount
Outstanding.
1st Mortgage
Jan. 1, 1870.
" 1, 1872.
" 1, 1875.
7
7
July and Jan.
January, 1900.
" 1902.
" 1905.
$1,350,000
950,000
1,200,000
$1,350,000
950,000
669,000
" Columbus Ex....
Income Bonds
Directors (elected February 28, 1777). — Samuel Israel and Charles Cooper, Mount
Vernon, O. ; George B. Roberts, Philadelphia, Pa. ; D. W. Caldwell, Columbus, O. ;
Isaac M. Harpster, Millersburg, 0. ; William M. Orr, Orville, O. ; Thomas D. Messier
and William Thaw, Pittsburg, Pa. ; and Mardeubro White, Gambier, O.
THOMAS D. MESSLER, President Pittsburg, Pa.
Treasurer— John D. Thompson Mt. Vernon, O.
Secretary — Joseph S. Davis "
Auditor — E. -Mize Akron, "
S"perintendfnf — Goshorn A. Jones Akron. O.
Engineer— John N. Lewis Mt. Vernon, "
Master Machinist— J. W. Halloway Akron, "
PRINCIPAL OFFICE AND ADDKESS Mount Vernon, O.
Winslow, Lanier & Co., Financial Agents 27 Pine St., New York.
MASSILLON AND CLEVELAND EAILEOAD.
This company was organized October 3, 18G8, and the road opened in 1870. It
extends from Massillon, 0., to Clinton O., 12.5 miles, with 1.22 mile sidings. It was
leased to the Cleveland, Mt. Vernon and Delaware R. R. Co. November 4, 1869, and
has since been operated by that company. Lease has 99 years to run, and is for 40
per cent, of gross earnings, or a minimum of $20,000 per year.
Rolling1 Stock. — Furnished by lessees.
Operations. — Included in lessees' returns. Gross earnings, $16,635.13. Oper-
ating expenses, $15,679.69. Net earnings, $955.44.
Financial Statement.— Capital stock, $195,605 ; funded debt, $100,000. Cost of
railroad, $329,657.28.
The funded debt consists of 1st mortgage 7 per cent, bonds, gold, dated January
1, 1870, interest payable January and July, and principal January 1, 1890.
THOMAS D. MESSLER, President Pittsburg, Pa.
580 RAILROAD MANUAL OF THE UNITED STATES.
CLEVELAND AND NEWBUEG EAILEOAD.
Line of Road.— Cleveland, O., to Newburg, 0 3.333 miles.
Gauge, 4 feet 8i inches. Rail, 45 Ibs. to yard.
This company was chartered September 7, 1866, and the road opened September,
1373. It is in the nature of a street railroad.
Rolling Stock. — Locomotive engines, 5. Cars — passenger, 2.
Operations for year ending June 30, 1877. — Passengers carried, 125,190; carried
one mile, 417,300. Earnings, $19,304.80; operating expenses, $9,936.05.
Financial Statement, June 30, 1877.— Capital stock, $44,470; funded debt, $33,-
000— total, $77,470. Cost of construction and equipment, $68,689.73.
The road was placed in the hands of a Receiver January 11, 1877.
N. P. BOWLER, President Cleveland, O.
Receiver and Sec.—W. L. Bowler Cleveland, O. | Superintendent— C. Labarge Cleveland, O.
PRINCIPAL OFFICE AND ADDRESS Cleveland, O.
CLEVELAND AND PITTSBURGH EAILEOAD.
Line of Road.— Cleveland, 0., to Pittsburg, Pa 150.00 miles.
j Yellow Creek, O., to Bellaire, 0 42.75
Branches : j Bayard> 0 ^ to New Philadelphia, O 32.75— 75.50 <l
Total length of line owned and operated 225.50 miles.
Second track and sidings, 85 m. Gauge, 4 ft. 10 in. Rail, 60 Ibs. Steel rails, 65.5m.
This company was chartered in Ohio March 14, 1836, and in Pennsylvania April
8, 1850. The road was opened in 1752. The P. F. W. and C. R'y is used from
Rochester to Pittsburg, making the length of line belonging to the C. and P. R. R. Co.
199.77 miles It was leased to the Pennsylvania R. R. Co. for 999 years from Decem-
ber 1, 1871, and lease transferred to Pennsylvania Company from May 1, 1872 ; the
lease providing for an annual rental of 7 per cent, on capital stock, the interest on the
bonded debt, sinking fund, lease of 26 miles of P. F. W. and C. Railway, and $10,000
per annum to maintain its corporate organization.
An increase of capital stock was made under the provisions of the lease, by the
capitalization of the same at the rate of 142-is0% per cent, of the old stock, making the
amount authorized $11,250,854, which, at 7 per cent, equals 10 per cent, on old stock.
No stock was issued for sale, and no money was realized.
Rolling Stock. — Locomotive engines, 97. Cars — passenger, 43 ; baggage mail
and express, 22 ; and freight (box, 500 ; stock, 100 ; platform, ore, coal and other, 2,870),
2,970 — total revenue cars, 3,035. Also, 51 caboose and 100 service cars.
KATLROAD MANUAL OF THE UNITED STATES,
t of locomotive and car equipment for ten years :
581
1867-8
1868-9
1869-70
1870-1
1871-2
1872-3
1873^
1875
1876
1877
Locomotive Engines
74
78
78
78
83
97
07
07
07
Q7
(Passengers
37
39
40
34
41
4«j
40
AA
40
43
Baggage, Mail, etc.
Freight, etc
25
533
20
519
20
521
20
515
22
580
32
fiOO
22
fino
22
finft
22
Ron
22
Ann
Coal and Other. . .
823
1,139
1,819
1,539
1,940
2,370
2,416
2,416
2,354
2,370
Total Cars
1,418
1 718
1 900
2 108
2 Kif&
q not
Q nm
O AO.)
Q niQ
Q fWK
There are also on the road a large number of private coal cars, etc.
Operations for year ending December 31, 1877.— Trains run— passenger, 472,056,
freight, 1,361,709 ; other, 59,104— total, 1,892,869 miles. Passengers carried, 568,500,
carried one mile, 15,640,607. Freight moved, 1,427,524 tons; moved one mile, 133,-
991,706 tons.
Earnings.
From Passengers $460,745 30
" Freight 1,766,227 68
" Mail and Express 76,207 16
Miscellaneous 27,653 52
Expenditures.
For Maintenance of Way $338.547 99
" Rolling Stock 419,81187
" Transportation 412,994 67
Miscellaneous 120,307 65
$2,330,833 66 $1,291,662 18
Balance— net earnings, $1,039,171.48. Received from P., Ft. W. and C. Ry. Co.
on joint account, $61,492.07, making available net, $1,100,663.55. Included in ope-
rating expenses are taxes. Payments from net earnings — dividends, $786,927.53 (7
per cent.); interest, $346,371.11; rent of track, P., Ft. W. and C. Ry., $100,652.05 ;
other expenses of organization, $10,000 — total, $1,243,950.69, being rental received
under lease. There is also invested in sinking fund the sum of $63,824.
Abstract of operations for ten years :
Fiscal
Years.
Train
Mileage.
Pas-
seng'rs
Mileage.
Freight
Tons.
Mileage.
Gross
Earnings
Net
Earn'gs.
Operat'g
Exp'nses
In-
terest.
Divi-
dends.
-w
0
i*
«
Pi
$
1
$
$
$
1867-68
1,616,216
582,164
18,808,706
976,863
78,288,696
2.306,237
934,122
1,372,115
314,685
250,868
4
1868-69
1,6«!5,131
567,455! 18,860,218
1,098,828
85,048,6-^1
2,383,670
981,722
1,401.948 225,684
512,123
8
1869-70
1,705,205
641,162: 19,488,051
1,277,401
96,807,404
2,«i73,741
1,037,430
1,448.395
302,915
754,323
10
1870-71
1,968,331 609,738
1,«06,9U3
3 080,647
1,519,609
1,490,059
266,706 ^61,628
10
1871-72
2,316,159 654,758
19,385,035
1,881,912
149,676',555
3.554,285
1,9P1,513
1,572,772
257,420
786,626
7
1872-73
1,868,102 703,829 21,571,735
1,981,538
167,482,871
3,740,384
1,924,653
1,815,731
2«I5,185
786,751
7
1873-74
1,5-20,255 664,879
19,975.886
1,441,901
124,537,384
2,887,554
1,499,090
1,388,464
298,755 786,786
7
1875...
1.862,388 655,708
17,611.298
1,323,880
116,819,297
2,629,037
1,243,627
1,3N5,410
350,765
786,795
7
1876...
1,7-15.055 635.151
19,844.913
1,190.394
108,664,109
2,282,030
1,191,277
1,292,742
348,245
786,920
7
1877...
1,892,869
568,500
15,640,607
1,427,524
133,991,706
2,330,834
1,100,664
1,291,662
346,371
786,928
7
General Balance, December 31, 1877.
Construction and Equipment $16,488,681 08
Stocks and Bonds 82,500 00
Bills Receivable 83,700 00
Materials and other Assets 400,377 65
Cash 328,545 63
$17,383,804 36
Capital Stock $11 ,243,757 82
Funded Debt 5,104,343 63
Due and Unpaid on Divs. & Coupons 230,844 39
Other Liabilities 142,754 87
Balance, Income Account 662,103 65
$17,383,804 36
582
BAILEOAD MANUAL OF THE UNITED STATES.
Abstract of general balances for ten years :
Fiscal
Years.
Miles of
Track.
En-
gines.
Cars.
Stock.
Bonds.
Miscella-
neous.
Railroad
and
Equipments.
Other Prop-
erty and
Assets.
1867-68
2830
74
1,418
$5,958,625 00
$4,197,000 00
$10,317,692 18
1868-69
283 0
78
1 718
6,300,475 00
3,883,500 00
10,733,780 17
1869-70
283 0
78
1,900
7,4.^2,225 00
3,772,500 00
11,137,107 03
1870-71
2830
78
2,108
7,867,950 00
3,859,500 00
11.518,594 09
1871-72.
284.5
83
2,583
11,236,149 68
3,834,343 63
15,029,344 13
1872-73.
1873-74.
1875
310.0
307.5
307.5
97
97
97
3,035
3,081
3,082
11,243,002 57
11,243,211 47
11,243,479 29
4,473,230 42
5,015,243 63
5,160,843 63
$864,521 71
998,469 28
927,254 00
15,729,159 80
16.407,262 70
16,488,402 55
$852,230 11
849,759 68
844,174 37
1876
307.5
97
3,019
11,243.736 39
5,146,343 63
1,008,740 15
16,488,659 65
910,160 52
1877 . ...
310.5
97
3,035
11,243,757 82
5,104,343 63
1,035,702 91
16,488,681 08
895,123 28
Statement in detail of bonds outstanding, December 31, 1877 :
Classes of Bonds.
Rate.
Interest
Payable.
Principal
Payable.
Author-
ized.
Issued.
Out-
standing.
4th Mortgage
6
Jan. and July.
Jan. 1, 1892.
$1,200,000
$1 230,000
$1,096,000
Conpol. S. F. Mortgage
7
May and Nov.
Nov. 1, 1900.
5,000,000
2,779,000
2,686,000
Construction and Equipment
7
Jan. and July.
July 1, 1913.
1 360000
1,360 000
1,316,000
The 1st, 2d and 3d mortgage bonds have been retired and cancelled.
Directors (elected January 2, 1878). — J. N. McCullough, B. F. Jones, Pittsburg,
Pa.; Thomas A. Scott, Philadelphia; S. J. Tilden, George W. Cass, August Belmont,
Francis T. Walker, Charles Lanier, New York ; James F. Clark, R. P. Ranney, J. V.
Painter, Cleveland, O. ; R. R. Springer, Cincinnati, O.
J. N. McCuLLOUGH: President Pittsburg, Pa.
J. D. Layng, General Manager " "
Asst. Gen. Manager— R. F. Smith.. .Cleveland, O.
Purch. Agent— William Mullins Pittsburg, Pa.
Gen. Fgt. A gent—Wm. Stuart " "
Sec. and Treas.—G. A. Ingersoll Cleveland, O.
Auditor — Janms Instan "
Gen. Tkt. Agent— -F. R. Myers Pittsburg, Pa.
PRINCIPAL OFFICE AND ADDRESS. Cleveland, 0.
Transfer Office Farmers' Loan and Trust Co., New York City.
CLEVELAND, TUSCARAWAS VALLEY AND WHEELING
RAILWAY.
Line of Road. — Black River, 0., to Urichsville, 0 101.14 miles.
Sidings, etc., 31.97 miles. Gauge, 4 feet 8i inches. Rail 56 Ibs. to yard.
Organized July 2, 1870, under name of Lake Shore and Tuscarawas Valley
Ry. Co., and road opened August 18, 1873. It was placed in the hands of a receiver
July 16, 1874, gold under foreclosure January 26, 1875, and reorganized under present
title February 1, 1875. The Elyria and Black River Ry., from Elyria, O., to Black
River Harbor, 8 miles, was purchased October 31, 1872, and the mortgage bonds,
amounting to $180,000 assumed. It is entirely merged in this road.
BAILKOAD MANUAL OF THE UNITED STATES.
583
Rolling Stock.— Locomotive engines, 15. Cars — passenger, 6; baggage, mail,
and express, 2 ; and freight, 562— total revenue cars, 570. Also, 20 service cars.
Operations for year ending June 30, 1877. — Trains run— passenger, 133,595 ;
other, 273,395 ; total, 406,990 miles. Passengers carried, 130,786 ; carried one mile,
2,519,533. Freight moved, 504,833 tons ; moved one mile, 29,472,466 tons.
Earnings.
From Passengers $69,773 83
" Freight, etc 426,22980
Expenditures.
For Maintenance of Way $72,674 84
" Transportation, etc 211,18560
$285,860 44
$496,003 63
Balance — net earnings, $212,143.19. Included in operating expenses are taxes,
$14,139.49. Payments— hire of equipments, $17,251.26 ; interest on bonds, $164,147,-
37 ; on floating debt, $5,456.23 ; construction, etc., $56,763,08 ; total, $243,617.94
General Balance, July 1, 1877.
Construction Account $4,475,597 80
Materials, etc
Miscellaneous Accounts.
29,062 52
49,220 03
$4,553,880 35
Description of funded debt in detail :
Capital Stock $1,055,950 00
Funded Debt..., 3,168,93479
Sundry Accounts 328,995 56
$4,553,880 35
Character of Bonds.
Rate.
Interest
Payable.
Principal
Payable.
Amount
Authorized.
Amount
Issued.
1st Mortgage, L. S. and T. V. .
7
March and Oct.
Oct. 1, 1901
$3000,000
$2,000,000
2d '" " " ....
7
Jan and July
July 1 1905
1 000,000
982,500
E. and B. R. Railway
7
May and Nov.
May 1, 1892
180,000
180,000
Convertible Scrip
6,435
Directors (elected 1877).— A. Stone, Selah Chamberlain, E. B. Thomas, and H.
Crooke, Cleveland, O.; Henry A. Kent, New York City ; Clement Russell, Massillon,
O. ; H. G. Brooks, Dunkirk, N. Y. ; W. W. Holloway and E. P. Rhodes, Bridgport,O.
SELAH CHAMBERLAIN, President Cleveland, O.
Auditor and Sec.— P. A. Hewitt Cleveland, O.
Treasurer— P. A. Hewitt " "
Supt. & Chief Engineer— W. W. Card " "
Gen. Manager — Oscar Townsend Cleveland, O.
Ticket & Purch. Agent— W. L Holden "
Gtn. Freight Agent— Win. H. Grout. . "
PRINCIPAL OFFICE AND ADDRESS Cleveland, 0.
COLLEGE HILL KAILROAD.
Line of Road.— Cincinnati, 0., to Mt. Pleasant, 0 6.57 miles.
Sidings, etc., 0.50 mile. Gauge, 3 feet. Rail, 40 Ibs.
This company was organized in 1«75, and the road opened to its present terminus
in 1877. No report of its operations or financial condition is furnished.
Officers, etc,, not reported.
584
EAILROAD MANUAL OF THE UNITED STATES.
COLUMBUS AND GALLIPOLIS RAILKOAD. r(In Progress.)
Line of Road. — Columbus, O., to Gallipolis, O 92 miles.
In operation : Vinton, to Vinton Furnace 3 "
Sidings, etc., 0.25 mile. Gauge, 4 feet 8i inches. Rail, 56 Ibs.
This company was organized as the Gallipolis, McArthur and Columbus R. R.
Co. March 3, 1870, and under present title June 27, 1876. It is graded 51 miles. No
report of operations is made.
Financial Statement, June 30, 1877. — Capital stock authorized, $1,500,000;
subscribed, $120,200; paid in, $45,200; floating debt, $59,377.94— total stock and
debt, $104,577.94, being amount expended on construction.
This account includes an expenditure of $42,000 on the Vinton Furnace R. R., on
which 2.34 miles of rail are laid.
CHARLES C. WALCUTT, President Columbus, 0.
Treasurer— C. P. L. Butler Columbus, O. I Secretary— J. C. Donaldson Columbus, O.
Gen. Manager— C. H. White " " | C/i ief Engineer— J. K. Stranghan
PRINCIPAL OFFICE AND ADDRESS Gallipolis, O.
COLUMBUS AND: HOCKING VALLEY KAILEOAD.
Line of Road. — Columbus, 0., to Athens, 0 76 miles.
Branches, named below 24 "
Total length of main and branch line in operation 100 miles.
Sidings, etc., 25.5 miles. Gauge, 4 feet8| inches. Rail, 56 Ibs. Steel rails, 74 miles.
Organized as Mineral R. R. April 14, 1864. Present title taken June 26, 1867.
Opened May, 1869.
The branches are: Logan, to New Straitsville, 13 miles; Monday Creek Br. 7
miles ; Snow Fork Br. 0.4 miles. The two latter were opened in 1877. There are
also spurs leading to coal and iron mines on the line.
Rolling Stock. — Locomotive engines, 31. Car — passenger, 9 ; baggage, mail and
express, 3: and freight (box, 100; platform, 100; coal, 1,888), 2,088; other, 14.
Total revenue cars, 2,114. Of the above, 886 coal cars are not owned by the company.
Operations for year ending December 31, 1877. — Trains run, 682,514 miles. Pas-
sengers carried, 139,445 ; carried one mile, 3,228,815. Freight moved, 899,407 (in-
cluding 800,910 tons of coal) tons ; moved one mile, 55,860,504 tons.
Earnings.
From Passengers $90,262 82
" Freight 720,93285
" Mail and Express 8,685 53
" Miscellaneous... 9,01860
$828,899 80
Expenditures.
For Maintenance of Way $140,567 65
" Rolling Stock 90,52842
" Transportation 178,70948
Miscellaneous 61,33832
$471,143 87
EAILBOAD MANUAL OF THE UNITED STATES.
585
Balance — net earnings (43.16 per cent.), $357,755.93. Included in operating ex-
penses were taxes.
Payments shown in contingent account :
Contingent Account, year 1877.
Balance, from 1876 $303,898 15
Net Earnings for 1877 357,755 93
Dividend Stock, $68,550 00
Cash, $88,83000 $157,38000
Interest 177,40883
$661,654 08
Balance, surplus, $326,865.25.
Abstract of operations and financial condition for eight years :
$334,788 83
1
1
JS«
SB
Engines.
Cars.
Train
Miles.
<S 03
Cfc ^
CD 0>
c3 bO
PH
*>"
•5 «
bJDC
"So
^
Gross
Earnings.
Net
Earnings .
Divi-
dends
Capital
Stock.
Funded
Debt.
Construc-
tion, etc.
1870
1871
1872
1873
1874
1875
1876
1877
75.28
89.00
89.00
89.00
89.00
89.00
89.00
100.00
12
16
25
31
31
31
31
31
387
909
1,613
2,070
2,233
2.233
2,114
2,114
244,386
348,437
449,522
668,306
505.868
658,046
674,652
682,514
113.873
142,600
134,999
153,745
159,990
146,871
129,767
139,445
238.678
384,890
681,819
890,396
568,622
826,799
842,824
899,407
372,229 41
548,942 41
854,892 45
1,074,18737
717,490 56
877,590 85
841,12907
828,899 80
210.11482
285,733 00
442,662 78
376,159 59
357,077 18
358.376 08
386,834 24
357,755 93
848,964
899,^67
1,500,000
1,854,450
1,855,250
1,9-^1,000
1,921,000
2,011,600
1,616,000
1,879,000
2,148,000
2,299,000
2,459,000
2,489,000
2,500,000
2,500,000
2,616,107 17
3,161,08877
3,766,518 75
4,411.60653
4,336,748 82
4,344,144 89
4,365,150 69
4,512,769 78
113,460
256,192
148,416
153,666
153,676
157,380
General Balance, December 31, 1877.
Construction Account $3,247,727 81
Equipment 1,265,041 97
Cash and Materials 65,442 40
Real Estate, etc 287,205 88
Sundry Assets 166,881 33
$5,032,278 49
Statement of funded debt in detail :
Capital Stock $2,01 1,600 00
Funded Debt 2,500,000 00
Renewal Accounts 42,000 00
Sundry Accounts 71,349 24
Contingent Account 407,329 25
$5,032,278 49
Character of Bonds.
Date of
Bonds.
Inter-
est.
When
Payable.
Principal
_Payable.
Amount
Authorized.
Outstand-
ing.
1st Mort^a^e Sinkin^ Fund .. ..
Oct. 1, 1867
7
April & Oct.
1897
$1,500,000
$1,500,000
" "' L and S. Br
July 1, 1870
7
Jan. & July
1880
300,000
300,000
2d " Bonds
Oct. 1, 1871
7
U ti
1891
1,000,000
700,OUO
There was paid for construction during the year on the branches $164,293.68.
Directors (elected April 9, 1878). — M. M. Greene, William G. Deshler, Henry C.
Noble, W. B. Brooks, Isaac Eberly, C. P. L. Butler, B. S. Brown, P. W. Huntington
H. W. Jaeger, and John L. Gill, Columbus, 0. ; John D. Martin, Lancaster, 0. ; C. H.
Rippey, Logan, 0.; and S. W. Pickering, Athens, O.
M. M. GREENE, President Columbus, O.
Treasurer an<1 Secretary J. J. Janney.
Gen. Superintendent Orland Smith.
Superintendent George R. Carr.
Road Master...
Auditor T. J. Janney.
Chief Engineer H. S. Wallace-
Tkt. and 'Fgt. Aqt W. A. Mills-
..W. C. Merritt.
PRINCIPAL OFFICE AND ADDRESS Columbus, 0.
586
RAILROAD MANUAL OF THE UNITED STATES.
COLUMBUS AND TOLEDO EAILEOAD.
Line of Road. — Columbus, 0., to Walbridge, O 118.2 miles-
Sidings, etc., 13.83 m. Gauge, 4 feet 9| inches. Rail, 60 Ibs. Steel rails, 64 miles.
Organized May 28, 1872. Construction commenced August 14, 1875; road opened
to Marion, 46 miles, November, 1876, and completed January 10, 1877. From Wai-
bridge to Toledo, 5.5 miles, tlie company use the line of the Toledo and Woodville
R. R. Co., making the total length of line operated 123.7 miles. At Columbus it con-
nects with the Columbus and Hocking Valley R. *R., and the two roads are under joint
management.
Rolling Stock. — Locomotive engines, 9. Cars — passenger, 10 ; baggage. 4 ; freight
(box, 134; platform, 66 ; stock, 50; coal, 337), 587. Total revenue cars, 601. Also,
6 caboose cars.
Operations for year ending December 31, 1877. — Trains run, 324,660 miles.
Passengers carried, 150,922 ; carried one mile, 4,095,555. Freight moved, 177,739 ;
moved one mile, 19,953,318 tons.
Earnings.
From Passengers $115,011 41
" Freight 197,779 72
" Mail, Express, etc 18,091 15
$330,882 28
Expenditures.
For Maintenance of Way $55,392 72
"• Roll ing Stock...'. 19,67211
" Transportation, etc 136,214 89
$211,279 72
Balance: net earnings (36.15 per cent.), $119,602.56. Payments — interest on
funded debt, $134,250.55: on bills payable, $11,311.68; lease of T. and W. R. R.,
$20,521.64— total, $166,083.87— the balance, $46,481.31, being charged to construc-
tion account.
General Balance, December 31, 1877.
Construction and Equipment $2,716,176 61
Toledo Docks, etc 224,210 58
Right of Way, Fencing 287,697 35
Interest Account 64.539 26
Real Estate, Betterments, etc 110,423 00
CashandDues 27,35855
$3,430,405 35
Capital,Stock $870,101 35
Funded Debt '. 2,343,000 00
Bills Payable 166,597 07
Interest, Scrip 22,628 51
Sundry Dues 28,078 42
$3,430,405 35
The bills payable consist chiefly of 10-year real estate notes ; and included in in-
terest account are $41,910.75, interest on dock purchase in Toledo, 10 per cent, of
which is to be charged annually in interest account against net earnings.
Statement of funded debt in detail, December 31, 1877:
Character of Bonds.
Date of Bonds.
Inter-
est.
When
Payable.
Principal,
When Due.
Amount
Authoiized.
Amount
Outstanding.
1st Mortgage
Aug. 1, 1875.
7 p. c.
Feb. & Aug.
Aug. 1,1905
$2,500,000
$2,343,000
KAILEOAD MANUAL OF THE UNITED STATES. 587
Directors (elected April 10, 1878).— M. M. Greene, W. G. Desliler, D. S. Gray,
E. L. Hinman, P. W. Huntington, John Greeuleaf, Isaac Heberly, Columbus, O.; J.
D. VanDeman, Delaware, 0.; A. H. Kling, Marion, 0.; McD. M. Carey, Crawford, 0.;
S. M. Young, A. L. Backus, H. S. Walbridge, Toledo, 0.
M. M. GREENE, President Columbus, O.
Secy, and Trea*. — James A. Wilcox.. Columbus, O.
Gen. Supf.—Qrtoad. Smith.
A uditor—T. J. Janney Columbus, O.
Gen. Frt. & Tkt. Ag(.—W. A. Mills. "
Asst. ISupt.—TA. T. Seymour
PRINCIPAL OFFICE AND ADDRESS Columbus, O.
DAYTON AND SOUTHEASTEEN K. E. (In Progress.)
Line of Road. — Dayton, 0., to Gallipolis, 0 144 miles.
In operation : Dayton, O., to Mussellmau's, 0 68.5 "
Gauge, 3 feet. Rail, 35 Ibs. to yard.
This company was organized December 16, 1871, to build a standard gauge R.
R., but before commencing construction changed to the 3-feet gauge. It is intended
to extend the line to Wellston, 21 miles further, during the present year.
Rolling1 Stock. — Locomotive engines, 3. Cars — passenger, 4; baggage, etc., 1;
freight, 30 ; flat, 10 ; other, 40.
Operations for seven months ending June 30, 1877. — Passengers carried, 18,315.
Freight moved, 4,045 tons. Gross earnings, $12,127.30 ; operating expenses, $9,288.-
32 ; net earnings, $2,838.98.
Financial Statement, June 30, 1877. — Capital stock authorized, $1,000,000 : sub-
scribed, $650,125; paid in, $391,792.49. Funded debt (authorized), 1st mortgage bonds,
to be dated July 1, 1876, $5,000 per mile, bearing 7 per cent, interest, and payable
in 10 and 20 years— total issue, $570,000. Outstanding, $143,900. Floating debt,
$97,599.94. Cost of work to June 30, 1877, $632,733.17 ; estimated cost to comple-
tion, $1,311,000. It is intended to complete the road during the present year.
DANIEL E. MEAD, President Dayton, O.
Treasurer — J. S. Ankeney Xenia, O.
Superin/end'-nt—O. S. Pease Dayton. O.
Gen. Fgt.& Tkt. Agt.—J. E. Gimperling. " "
Secretary and" Auditor— F . Sprajue Dayton, O.
Chiff Engineer— Horace Phillips
Purchasing Agent— E. F. Pryor
PRINCIPAL OFFICE AND ADDRESS Dayton, 0.
DAYTON AND UNION EAILEOAD.
Line of Road. — Dodson, 0., to Union City, Ind 31.74 miles.
Sidings, etc., 1.79 miles. Gauge, 4 feet 10 inches. Rail, 56 Ibs. to yard.
Chartered February 26, 1846, under the name of the Greenville and Miami R. R.
Co., and the read opened in 1855. It was sold under foreclosure October 30, 1862,
and reorganized under present title Januarv 19, 1863. At the time of reorganization,
it leased from the Dayton and Western R. R. Co. the use of its track between Dayton
588
KAILROAD MANUAL OF THE UNITED STATES.
and Dodson, 15 miles, so that the length of line operated is 46.74 miles. Since De-
cember 23, 1871, it has been in the hands of trustees, who hold and operate it.
Rolling1 Stock. — Locomotive engines, 5. Cars — passenger, 4 ; baggage, mail and
express, 3 ; freight, 61 ; other, 7 — total revenue cars, 75 ; 2 locomotives and 1 passen-
ger car are leased from C., C., C. and I, Railway Co.
Operations for year ending June 30, 1877. — Trains run — passenger, 68,150 ;
freight and mixed, 41,640 — total, 109,790 miles. Passengers carried, 71,380 ; carried
one mile, 2,205,189. Freight moved, 54,937 tons ; moved one mile, 2,527,102 tons.
Earnings.
From Passengers $47,323 70
" Freight, etc 60,62595
Expenditures.
For Maintenance of Way $14,471 75
" Transportation, etc 49,064 83
$107,949 65 $63,536 58
Balance — net earnings, $44,413.07. Included in operating expenses are, $4,574.08
taxes. Payments from net earnings — interest on bonds, $17,430 ; leases, $13,600 ;
line of equipment, $1,997.10 — total, $33,027.10. Balance to credit of income,
$11,385.97. Bonds cancelled, $10,000.
General Balance, July 1, 1877.
Construction, Equip't and Real.Estate . . $620,148 70
Expense Account 52,930 72
Sundry Accounts 41,023 64
Capital Stock $86,300 00
Funded Debt 502,444 88
Income Account, etc 125,358 18
$714,103 06
Abstract of operations and general account for seven years :
$714,103 06
to
Mil^s
B
Train
Passen-
Freight
Gross
Net
Capital
,
Construc-
R. R.
G
2
03
Miles.
gers.
Tons.
Earnings.
Earnings.
Stock.
on
tion.
W
O
1870-71 .
32
4
75
69,285
73,390
$118,586
$22,997
$82,350
$527,445
$602,594
1871-72.
32
4
75
64,344
94,955
134,148
52,209
86,000
527,445
612,015
1872-73.
32
4
75
55,904
110,088
136,843
52,400
86,000
527,445
612,015
1873-74.
32
5
75
94,604
65,009
86,088
125,796
41,012
86,000
527,445
613,445
1874-75 .
32
5
80
96,500
84,361
95,268
123,828
51,371
86.000
5->7,445
613,445
1875-76.
32
5
75
102,822
83,535
52,480
108.276
34.631
86,000
527,445
613,445
1876-77.
32
5
75
109,790
71,380
54,937
107,950
44,413
86,000
502,445
620,149
Funded debt in detail :
1st Mortgage Bonds, 7 per cent., due January 1, 1879 $115,000 00
2d " " " " " 135,00000
Income" " " " " ... 252,44488
Directors (elected January 1, 1878).— H. B. Hurlbut, J. H. Devereux, H. H. Pop-
pleton, Cleveland, O. ; James McDaniel, Geo. W. Rogers, Preserved Smith, Dayton,
O. ; F. H. Short, Henry Lewis, R. M. Shoemaker, Cincinnati, O.
JAMES MCDANIEL, President Dayton, 0.
J. H. Devereux and F. H. Short, Trustees.
Treasurer — G. W. Rogers Dayton, O.
Secretary — John L. Miller " "
Superintendent — C. C. Gale Indianapolis, Ind.
Gen. Tkt. Agent— John L. Miller Dayton, O.
PRINCIPAL OFFICE AND ADDRESS Dayton, 0.
KAILROAD MANUAL OF THE UNITED STATES. ', 589
EASTEKN OHIO KAILKOAD. (In Progress.)
Line of Road. — Washington, O., to Cumberland, 0 20.75 miles.
In operation : Cumberland, O., to Point Pleasant, 0 7.75 "
Sidings, etc., 0.5 mile. Gauge, 4 feet 8-J- inches. Rail, 45 Ibs. to yard\
Chartered March 2, 1849, as Sharon R. R. Co., to build a road from Cumberland
to Marietta. Name changed April 4, 1853, to Pittsburg, Marysville and Cincinnati
R. R. Co. In October, 1865, the name was again changed to Southwestern R. R. Co.,
the property and franchises sold, reorganization made under present title, March 21,
1871, and road built in 1874.
Boiling Stock. — Locomotive engines, 1. Cars — passenger, 1 ; freight, 1.
Operations for year ending June 30, 1877. — Trains run, 18,780 miles. Passen-
gers carried, 8,397; carried one mile, 62,983; freight moved, 2,839; moved one mile,
23,873 tons. Gross earnings, $5,371.71; operating expenses, $1,739.36; net earn-
ings, $3,298.35.
Financial Statement, June 30, 1877. — No stock nor bonds reported. Road built
by donations. Cost of construction, etc., $60,450. It is intended to extend the road
to a junction with the Central Ohio. It is owned by W. H. and C. B. Stevens, who
also operate it.
PRINCIPAL OFFICE AND ADDRESS Cumberland, 0.
LEON RAILKOAD.
Line of Road. — Ironton, 0., to Centre Station, 0 12.75 miles.
Branches : Hecla Br., 1,75 miles ; Etna Br., 2 miles 3.75 "
Total length of line owned and operated 16.50 miles.
Sidings, etc., 2.75 miles. Gauge, 4 feet 10 inches. Rail, 60 Ibs. to yard.
This company was chartered March 7, 1849, and the road opened in 1852.
Rolling1 Stock. — Locomotive engines, 4. Cars — passenger, 2 ; freight, 186.
Operations for year ending June 30, 1877.— Trains run, 33,440 miles. Passen-
gers carried, 20,114 ; carried one mile, 183,287. Freight moved, 125,396 tons ; moved
one mile, 1,117,148 tons. Earnings from passengers, $4,412.64; from freight, etc.,
$64,425.94— total, $68,968.58; operating expenses, $40,893.37; net earnings, $28,-
075.21. Payments from net earnings dividend, (3 per cent.), $9,153; other accounts,
$2,867.25.
General Balance, July 1, 1877 :
Construction Account $446,765 73
Cash and other Assets 80,388 02
$527,153 75
Capital Stock $305,100 00
Other Accounts.. 222,05375
$527,153 75
CYRUS ELLISON, President and General Manager Ironton, O.
Treasurer— H. C. Burr Ironton.
Sec., Gen. Tkt. and Frt. Agt.—S. Richards, "
Asst. Supt. &Afast. Mech. — Jas. R. Martin, Ironton.
Road Master — Thos. McKee ... "
PRINCIPAL OFFICE AND ADDRESS Second Street, Ironton, 0.
590 RAILROAD MANUAL OF THE UNITED STATES.
LAKE ERIE, ALLIANCE, AND WHEELING KAILEOAD.
(In Progress.)
Line of Road. — Painesville, O., to Bridgeport, 0 130.0 miles.
In operation: 'Alliance, O., to Braceville, O • 19.3 "
Sidings, 1 mile. Gauge, 3 feet. Rail, 40 Ibs.
Organized February 10, 1874. Road opened to Palmyra [in 1876, and to Brace-
ville, May 7, 1877.
Rolling' Stock. — Locomotive engines, 2. Cars — passenger, 1 ; other, 10.
Operations, one month, ending June 30, 1877. — Gross earnings, $803.58 ; operating
expenses, $831. G8— deficit, $28.10.
Financial Statement, June 30, 1877.— Capital stock authorized, $2,000,000 ; sub-
scribed, $341,475 ; paid in, $221,030. Funded debt, $10,000 7 per cent, bonds due
August 1, 1900. Floating debt, $128,887.69. Total stock, bonds and debt, $372,351,-
86. Per contra : Expended for construction, $373,378.68.
HUGH BLEAKLEY, President Alliance, 0.
Treasurer— T&. Teeters Alliance, O. Sfcretary—'B.. P. Mclntosh Alliance, O.
Supt.— Henry Shaffer " Chief Engineer— E. Shelton
PRINCIPAL OFFICE AND ADDRESS Alliance, 0.
LAKE EEIE AND LOUISVILLE KAILEOAD. (In Progress.)
Line^of Rsad. — Sandusky, 0. , to Cambridge City, Ind 180.00 miles.
In operation : Fremont, 0., to St. Mary's, 0 88.00 "
Branch : St. Mary's to Minster, 0 10.00 "
Sidings, etc., 5 miles. Gauge, 4 feet 9^ inches. Rail, 50, 56 and 60 Ibs.
Organized as the L. E. and L. R. R. Co. February 4, 1865, by consolidation of
the Fremont and Indiana and the Lake Erie and Pacific R. R. Cos., and was sold under
foreclosure July 27, 1871, and reorganized as L. E. and L. Ry. Co. April 12, 1872.
The portion now in operation was opened September 8, 1873. The property was
placed in the hands of a Receiver April 26, 1874, and sold under foreclosure of 1st
mortgage in December, 1876. The company was reorganized under present title
March 14, 1877. The guage will be changed during the year to 4 feet 8^ inches.
Rolling* Stock. — Locomotive engines, 6. Cars— passenger, 5 ; baggage, mail
and express, 3 ; and freight, 81 — total revenue cars, 89.
Operations for year ending December 31, 1877, not reported.
Earnings. (88 miles.) Expenditures.
From Passengers $45,83878
" Freight 65,35322
" Mail and Express, etc 8,567 31
$119,759 31
For Maintenance of Way $27,877 23
" Rolling Stock 13,07108
" Ti ansportation, etc 61,405 10
$102,353 41
Balance — net earnings, $17,405.90. Payments from net earnings not reported.
In the reorganization of the company no bonds were issued.
RAILROAD MANUAL OF THE UNITED STATES.
591
General Balance, December 31, 1877.
Cost of R. R. and Equipment $1,553,028 13
Property and Assets 2,354 50
Materials 6,920 45
Cash, etc 5,468 84
Capital Stock $1,500,000 00
Bills Payable 67,265 18
Other Liabilities "15,795 51
Profitand Loss 14,711 23
$1,597,771 92
Abstract of operations and general account for four years :
$1,597,771 92
Years.
Miles
R. R.
En-
gines.
Cars.
Train
Miles.
Passen-
gers.
Freight
Tons.
Gross
Earn-
ings.
Net
Earn-
ings.
Capital
Stock.
Bonds.
Cost of
R. R.,
etc.
1873-74..
1874-75..
1875-76..
1877
87
87
87
88
6
6
6
6
89
89
89
b9
138,744
150,467
160,150
82,940
87,419
99,169
53,220
71,952
56,998
$126,026
13«,140
133,073
119,759
$8,146
525,246
21,547
17,406
$1,115,650
1,115,650
1,115,650
1,500,000
$890,000
890,0 0
890,000
$2,508,4&3
2,508,483
2,515,205
1,583,028
Directors (e]ected March 13, 1878).— A. Iselin, Jr., C. M. Taylor, A. Hegewisch,
Herman Baltzer, E. Livingston, J. B. Hodgskin, New York City ; I. H. Burgoon, A. R.
Miller, C. 0. Tillotson, W. H. Andrews, Fremont, O. ; C. S. Brice, Lima, 0.; Charles
Foster, Fostoria, O. ; A. B. Williams, Cincinnati, O.
JAMES B. HODGSKIN, President New York City.
Vice-President— Chas. Foster Fostoria, O.
Gen. Supt.—J. H. Burgoon Fremont, O.
Sec. and Treas.—W. H. Andrews Fremont, O.
Chief Engr.— H. A. Schwanecke St. Mary's, O.
PRINCIPAL OFFICE AND_ ADDRESS Fremont, O.
LAKE SHOEE AND MICHIGAN SOUTHEKN EAILWAY.
Line of Road.— Buffalo, N. Y., to Chicago, 111 540.37 miles.
Branches, named below 324.23 "
Leased lines operated, named below 152.09 "
Lines owned and operated, named below 160. 11 "
Total length of road owned, leased and operated 1,176.80 miles.
Second track, 235.65 miles. Sidings, 462.44 miles. Gauge, 4 feet 8£ inches. Rail,
60 Ibs. Steel rails, 843 miles. Total track, 1,874.89
The first charter granted for any portion of the present line of this company was
by the Territorial Legislature of Michigan for the Erie and Kalamazoo Railroad, April
22, 1833. This was leased May 25, 1849 (from August 1), to the Michigan Southern
R. R. Co.— chartered May 9, 1846.
The first locomotive (the "Adrian," Baldwin No. 80) reached Toledo June 20,
1837, and was placed on the Erie and Kalamazoo R. R. Animal power was used pre-
viously. In 1842 the Erie and Kalamazoo R. R. was placed in the hands of a Receiver,
and in 1849 (August 1) was leased in perpetuity to the Michigan Southern R. R. Co.
Up to 1851 the " strap rail " was used on this road.
The Michigan Southern R. R. was built and operated by the State to November
30, 1846, and was opened through to Chicago May 22, 1852. In 1853 the Toledo, Nor-
,592 BAILEOAD MANUAL OF THE UNITED STATES.
walk and Cleveland R. R. was operated from January 24 — date of opening — to Sep-
tember 1, when it was merged in the Cleveland and Toledo R. R., the northern divi-
sion of which, from Cleveland to Saudusky, was opened October 24, 1853, and to
Toledo, April 24, 1855.
The Northern Indiana R R. Co. was originally chartered in Indiana as the Buf-
falo and Mississippi R. R., February 6, 1835, and the name changed February 6, 1837.
It was chartered in Ohio, March 3, 1851, and the two companies consolidated July 8,
1853. The Northern Indiana and Chicago R. R. Co. was chartered in Illinois Novem-
ber 30, 1850, and consolidated with the Northern Indiana R. R. Co., taking its name
February 7, 1855. These two lines were consolidated under the name of Michigan
Southern and Northern Indiana R. R. Co., April 25, 1855.
The Erie and Northeast R. R. Co. was chartered in Pennsylvania April 12, 1842,
and the Buffalo and State Line R. R. Co. in New York April 12, 1848, and organized
October 13, 1849. They were consolidated under the name of the Buffalo and Erie
R R. Co., June 28, 1867.
The Erie and Northeast R. R. was opened January 10, 1852, and operated as a
broad-gauge railroad to December 7, 1853. The attempt to narrow the gauge was
followed by the "Erie War," which closed the road two months to February 1, 1854,
on which day the first train passed from Buffalo to Erie over a uniform gauge. The
Buffalo and State Line R. R. was opened from Buffalo to State Line February 22, 1852.
The B. and S. L. and the E. and N. E. R. R. Cos. were operated as one road from
November 19, 1853, to May 15, 1867, under a contract, when they were formally con-
solidated, taking the name "Buffalo and Erie Railroad."
The Junction R. R. Co. was chartered in Ohio, March 2, 1846, and the Toledo,
Norwalk and Cleveland R. R. Co., March 7, 1850. They were consolidated as the
Cleveland and Toledo R. R. Co., September 1, 1853.
The Cleveland, Painesville and Ashtabula R. R. Co. was chartered in Ohio, Feb-
ruary 18, 1848, and the road opened November 20, 1852. It was leased to the Cleve-
land and Toledo R. R. Co., October 8, 1867, and the name was changed to the Lake
Shore R. R. Co. June 22, 1868. The two companies were consolidated under name of
Lake Shore R. R. Co., April 6, 1869.
The present Lake Shore and Michigan Southern Railway Co. was formed by the
consolidation, May 27, 1869, of the Lake Shore and the Michigan Southern and
Northern Indiana R. R. Cos., and August 16, 1869, of the Buffalo and Erie R. R. Co.
— thus bringing the entire line, from Buffalo to Chicago, under one company.
BRANCHES :
Elyria to Milbury, Ohio 72.96 m.
Sandusky Pier to Depot, Ohio. . 3.74 "
Junction to Elkhart, Mich 130.70 "
Junction to Jackson, Mich 41.90 "
Palmyra to Adrian, Mich 5.33 m.
Ashtabula to Harbor, Ohio 2.51 "
Ashtabula, O., to Jamestown, Pa. 36.09 "
Dunkirk Junction, N. Y 1.50 "
Junction to Monroe, Mich 29.50 '
Total.. ..324.23m.
(Detroit, Monroe and Toledo R R. (J unction to Detroit, M.). 62. 20
Roads _j Kalamazoo and white Pigeon R. R 36.68
Owned : (North Cen> Mich R R (Jonesville to N. Lansing, Mich.). 61. 14— 160.11 m.
(Kalamazoo, Allegan and Grand Rapids R. R.,. Mich 58.00
•< Jamestown and Franklin R. R 51 .10
Leased : (Mahoning Coal B R> (aud branches, 4.99 miles) 42.99—152.09 m.
RAILROAD MANUAL OF THE UNITED STATES.
593
The operations of the roads owned are included in the statements of this company.
The Kalamazoo, Allegan and Grand Rapids R. R. is operated under perpetual
lease at a rental of $103,800 per annum.
The Jamestown and Franklin R. R. is operated for 40 p. c. of gross earnings.
The Mahoning Coal R. R. is operated under lease for 40 p. c. of gross earnings.
Statement showing length of line and of track in each State :
Tracks.
N. Y.
Penn.
Ohio.
Ind'na.
Mich.
Illinois.
Total.
Single Track-
Main Line
Miles.
69.50
Miles.
44.06
Miles.
195.01
Miles.
101.90
Miles.
115.90
Miles.
1400
Miles.
540 37
Branches
1.50
56.39
225.60
65.80
287.14
63643
Length of Road Operated
71.00
100.45
420.61
167.70
403.04
1400
1 176 80
Second Track
69.50
44.06
106.06
8.00
803
235 65
Sidings . .....
39.82
43.96
230.27
63.25
65.40
19 74
462 44
Total Miles of Single Track
180.32
188.47
756.94
238.95
468.44
41.77
1 87489
Rolling1 Stock. — Locomotive engines, 495. Cars — passenger, 1st class, 145 ; 2d
class and smoking, 9 ; emigrant, 26 ; postal, 17 ; baggage, 64 ; freight express, 6 ; and
freight (box, 5,178 ; stock, 1,327; oil, 292 ; platform, 1,682 ; coal, 1,396; and caboose,
245) — total freight cars, 10,120 ; total revenue cars, 10,387. Also, officers' cars, 2 ;
derrick cars, 9 ; and dumper cars, 148. Total cars, 10,546.
Statement of rolling stock on road, eight years :
Years.
Locomotives.
First
Class-
t3 .
C <D
o %
y 03
»P5
02U
Emigrant.
S3
OJ O oo
tficS oo
cS_ g
U)c3 fc
«1*
«£«
Box.
Stock
and
Oil.
Platfonn.
Coal.
Caboose.
Total
Number of
Cars.
1870...
299
346
418
462
497
495
495
495
129
122
126
133
138
141
141
145
15
14
14
11
11
9
9
9
38
29
23
27
27
26
26
26
65
64
80
82
81
86
83
87
3,329
4,042
4,595
4,916
5,142
5,166
5,172
5,178
1,001
1,115
1,323
1,523
1,577
1,622
1,622
1,618
1,247
1,562
1,757
1,789
1,790
1,682
1,685
1,682
362
436
962
1,210
1,267
1,397
1,397
1,396
138
166
252
248
252
249
249
245
6,324
7,550
9,266
10,096
10,442
10.537
10,546
10,546
1871
1872
1873
1874
1875
1876....
1877
Included in the total number are 256 service cars.
Operations for the year ending December 31, 1877. — Trains run — passenger,
2,363,504 ; freight and coal, 5,674,685 ; other, 2,713,866— total miles run, 10,752,055.
Passengers carried, 2,742,295 ;' carried one mile, 138,116,618. * Freight moved (east,
3,718,449; west, 1,794,949)— total, 5,513,398 ; moved one mile, 1,080,005,561 tons,
38
594
RAILKOAD MANUAL OF THE UNITED STATES.
Statement of road operated, train mileage, etc, for eight years
-0
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cS frt
02 '
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£ n
fitfe
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-U^
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-j— ' <— ' .
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^H2
oo PH ^ LJ
8C P.tn
§.S s
,2 a,
§°
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WPM
@£
fe^
£$&
S^^
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-Is
$
$
$
$
$
$
$
$
$
1870.
1,013.0
13,336
8,261! 5,075
4,306,110
2 03.11
1 25.82
077.29
2,320,477
1 97.28
1 22.21
0 75.07
1871.
1,073.8 13,872
9,106 4,766
5,659,898 182.71
1 19.93
0 62.78 2,367,514 1 86.07
1 22.13
0 63.94
1872.
1,136.5
16,682
11,177 5,505
7,121,795 180.08
1 20.47
0 59.61 2,640,344 1 78.69
1 19.54
0 59.15
1873.
1,154.0 16,824
11,928 4,896
8,026,320
1 76.82
1 25.36
0 51.46; 2,952,823 1 72.43
1 22.25
0 50.18
1874.
1,175.414,592
9,491 5,101
6,490,510
183.62
1 19.42
064.20
2,520,574 2 02.21
1 31.51
0 70.70
1875.
1,175.4
12,284
8,963 3,321
5,798,617
1 66.23
1 21.28
044.95
2,743,617
1 70.12
1 24.11
0 46.01
1876.
1,176.8
11,851
8,135 3,716
6,824,738
148.71
1 02.06
0 46.65
2,610,545
1 69.64
1 16.44
0 53.20
1877.
1,176.8
11,484
7,622
3,862
5,674,685
1 66.99
110.83
0 56.16
2,363,504
1 65.34
1 09.73
0 55.61
Earnings.
(Year 1877.)
Expenditures.
From Passengers $3,203,199 66
" Freight 9,476,60759
" Express 250,891 43
" Mails 453,68572
" Rents 50,00512
Miscellaneous . 70,769 40
For Maintenance of Way $2,241,301 03
" Rolling Stock ... 1,301,89646
" Fuel 923,81452
" Hire of Cars • 314,15957
" Transportation 3,692,501 24
Miscellaneous 9,318 69
$13,505,158 92
Balance (less taxes, $480,974.14), $4,541,193.27.
Income Account, year ending December 31, 1877.
$8,482,991 51
Receipts.
Amount at Credit Jan. 1, 1877 $2,288,767 73
Gross Earnings 13,505,158 92
Interest and Dividends 171,775 99
Payments.
Operating Expenses and Taxes $8,963,965 65
Interest on Bonds 2,628,680 00
Rentals Leased Lines 265,403 69
Dividends 1,042,680 00
Ashtabula Accident 495,722 42
Balance at Credit 2,569,250 88
$15,965,702 64 $16,443,469 74
The surplus for the year after all payments was $280,483.15, of which $250,000
were carried to the sinking fund. There were charged to worthless assets, $4,378,27,
leaving the balance at credit income account, $2,564,872.61. The dividends were 10
per cent, on guaranteed stock, $53,350 ; 2 per cent., February 1, 1878, $989,330.
Abstract of operations, earnings, etc., for eight years :
L— TRAIN, PASSENGER AND TONNAGE OPERATIONS.
Miles Run by Trains.
Passengers Carried.
Freight (tons) Moved.
t
Mi l^o rvf
Year.
RT>
Passsen-
ger.
Freight.
Other.
Total.
Number.
One Mile.
Number.
One Mile.
1870.
1871.
1,013.06
1,073.85
2,320,477
2,367,514
4,306,110
5,659,898
1,529,270
2,051,191
8,155,857
10,178,603
2,065,440
2,046,428
160,500,114
142,684,243
2,978,725
3.784,525
574,035,571
733,670,696
1872.
1,136.49
2,640.344
7,121,795
3,715,395
13,477,534
2.212,754
162,308,495
4,443,092
924,844,140
1873.
1,175.39
2,952,823
8,026,320
4,442,060
15,421,203
2,845,163
179,363,173
5,176,661
1,053,927,189
1874.
1,175.39
2,520,574
6,490,510
3,157,126
12,168,210 3,096,260
173,224,572
5,221,267
999,342,081
1875.
1,175.39
2,743,617
5,798,617
2,974,989
11,517,223; 3,170,234
164,950,861
5,022,490
943,236,161
1876.
1,176.80
2,610,545
6,324,738
2,819,770
11,775,053 3,119,923
175,510,501
5,635,167
1,133,834,828
1877.
1,176.80
2,363,504
5,674,685
2,713,066
10,752,055
2,742,295
138,116,668
5,513,398
1,080,005,561
EAILKOAD MANUAL OF THE UNITED STATES. 595
n.— EARNINGS, EXPENSES, INTEREST, DIVIDENDS, SURPLUS, ETC.
Operating Expenses
and Taxes.
Interest,
Dividends.
Year.
Gross
Earnings.
Net •
Earnings.
Leases and
Dividends
Surplus.
Amount.
p. c.
Guaranteed.
Amount.
Rate.
1870..
$13,509,335 53
$8,368,821 08
61.95
$5,140,414 35
$1,828,897 09
$2,752,360 00
8
:$559,157 36
1871..
14,898,449 38
9,779,806 23
65.64
5,118,643 15
2,121,164 70
2,874,355 63
8
123,122 82
1872..
17,699,935 28
11,839,525 62 66.90
5,860,409 66
2,201,459 13
3,466,096 00
8
192,854 53
1873..
19,414,509 26
13,746,598 54
70.90
5,667,910 72
2,654,560 57
1,978,040 00
4
1,035,310 15
1874..
17,146,130 76i 11,152.371 56
65.04
5,993,759 20
3,008,192 76
1,607,661 25
3#
1,377,905 19
1875..
14,434,198 76 10,531,500 88
72.96
3,902,697 88
2,810,393 64
989,330 00
2
103,074 24
1876..
13,949,176 02
9,574,835 52 ! 68.50
4,374,341 10
2,759,989 36
1.607,661 25
3M
6,690 49
1977. .
13,505,158 92
8,963,965 65
6637
4,541,193 27
2,947,433 69
'989,330 00
2
280,483 15
III.— TONNAGE.
*& 00 .
—i d
o
p
8
«HT§
c S 2
00
l~ _ot c3
a
o
oi
1
1
O
c3 q5
|J
o»-5
&
B
j
13
if!
'3
£
|||
|
.2
o
1|
111
Total.
*
05
<a
Pi
^
3s*
<3
bfiPi o
P-.
S
S§'
Tons.
Tons.
Tons.
Tons.
Tons.
Tons.
Tons.
Tons.
Tons.
Tons.
Tons.
Tons.
Tons.
1870.
215,997
95,521
260,959
142,790
334,581
276,531
451,431
149,031
252,163
132,645
199,547
467,529
2,978.725
1871.
241,994
118,586
380,203
158,995
363,068
319,721
753,197
219,040
256,146
204,934
208,465
560,176
3,784,525
1872.
331,819
142,296
368,113
182,278
458,859
421,644
931,992
167,496
231,460
233,915
194,797
778,423
4,443,092
1873.
518,643
164,949
635,040
167,534
530,683
480,623
816,267
332,687
272,677
279,044
182,091
896,425
5,176,661
1874.
662,329
171,102
488,865
166,847
572,869
438,409
957,721
185,787
299,763
237,067
167,142
873,366
5,221,267
1875.
694,658
150,613
530,796
•202,754
511,651
410,851
870,335
181,183
264,585
258,544
190,894
755,626
5,022,490
1876.
827,252
141,928
589,022
183.669
469,097
486,734
1,055,589
205,445
308,007
270,274
198,804
899,346
5,635,167
1877.
754,859
128,025
755,952
191,545
490,022
410,165
1,030,211
177,466
•260,381
210,260
192,110
917,402
5,513,398
TV. — FREIGHT RECEIPTS, COST AND PROFIT PER MILE.
Year.
Tons.
Average
Miles
Hauled.
Tons
One Mile.
Revenue.
Receipt
per Ton
per Mile.
Cost
per Ton
per Mile.
Profit
per Ton
per Mile.
1870. . .
2,978,725
192 7
574 035,571
$8,746,126
Cent.
1.504
Cent.
.932
Cent.
.572
1871
3 784 525
193 9
733 670 696
10 341,218
1 391
.913
478
1872
4,443.092
208 2
924 844,140
12,824,862
1.374
.920
454
1873..
5,176,661
203 6
1 053 927 189
14 192 399
1 335
946
.389
1874
5,221,267
191 4
999 342,081
11,918,350
1.180
.767
413
1875
5,022,490
187 8
943,236,161
9,639,038
1.010
.737
.273
1876
5,635,167
201.2
1,133,834,828
9,405,629
.817
.561
.256
1877
5,513,398
195 9
1,080,005,561
9,476,608
.864
.573
291
V. — PASSENGER RECEIPTS, COST AND PROFIT PER MILE.
Year.
Passengers .
Average
Distance,
Miles.
Passengers
One Mile.
Revenue.
Receipt
per Pas-
senger
per Mile.
Cost per
Passenger
"per Mile.
Profit per
Passenger
per Mile.
1870...
2065440
77
160 500 114
$4 192 960
Cent.
2.612
Cent.
1.638
Cent.
994
1871
2,046,428
70
142 684 243
4 006,724
2.808
1.843
.965
1872 .-
2,212,754
74
162 308 495
4,218,543
2.599
1.739
.860
1873...
2,845,163
63
179 363 173
4,569,730
2.542
1.802
.740
1874
3,096,263
56
173'224?572
4 249,022
2.452
1.595
857
1875....
3 170 234
52
164950861
3 922,798
2378
1 735
643
1876
3,119,923
56
175'510'501
3 664,148
2.090
1.438
.652
1877
2,742,295
50
iss'ne'eis
3,203,200
2.319
1.539
.780
596
RAILROAD MANUAL OF THE UNITED STATES.
The construction account for 1877 amounted to $141,409.52, of which $104, 377.61
were for a new iron bridge over theMaumee at Toledo, $22,608.02 for real estate, and
$14,423.59 for bridge masonry.
The outlay for construction during the last eight years has been as follows :
1872 $5,504,217 90
1871 3,343,38370
1870 1,113.560 90
1877 $141,409 52
1876!., 268,98410
1875 275,48185
1874.. 1,043,72382
1873.....".' 2,349,959 84 Total, Syearg $14,040,721 72
There were no charges on equipment account during the years 1876 or 1877.
The equipment account for eight years is as follows :
Years.
Engines.
Cars.
Amount.
Years.
Engines.
Cars.
Amount.
1875 ....
95
$95,238 02
1871
47
1,151
$1,301,402 59
1874
35
346
702,782 09
1870
25
601
654,309 45
1070
44
828
1 i% 502 13
1872
72
1,718
1,953,832 99
Total, 8 years.
223
4,739
$5,904,087 09
General Balance, December 31, 1877.
Construction (1,024.71 miles) $68,703,205 65
Equipment 14,378,709 04
Jamestown and Franklin R. R 1 ,868,954 34
Material, Supplies, etc 887,784 74
Stocks and Bonds 3,214,995 60
Bills Receivable 521,57273
TIncollected Earnings 348, 315 73
Miscellaneous 225,071 42
CashonHand 1,298,851 74
Capital Stock, Common, $49,466,500
" " Guaranteed, 533,500— $50,000,000 00
Funded Debt, L. S. &'M. S. R.R. Co. 35,750,000 00
" " D., M. & T. R. R. Co. . 924,000 00
" " W. P. & Kal. R. R. Co. 600,000 00
December Liabilities 595,583 38
Dividend, February 1, 1878 1,016,005 00
ProfltandLoss 2,564,872 61
$91,450,460 99
Abstract of general account for eight years :
$91,450,460 99
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Capital Stock
$
34,466,500
533,500
$
34,466,500
533,500
2,537,830
$
49,466,500
533,500
$
49,466,500
533,500
$
49,466,500
533,500
$
49,466,500
533,500
$
49,466,500
533,500
$
49,466,500
533,500
" " gVd
» " 1871
Bondf, L.S. &M. S....
" D.,M.&T.R.R.
" Kal. & W. P. R.R.
Floating Debt
20,815,000
924,000
600,000
3,536,390
25,357,000
924,000
600,000
3,606,970
24,971,000
924,000
600,000
6,350,020
30,195,000
924,000
600,000
6,654,422
36,511.000
924,000
600,000
36,250,000
924,000
600,000
36,660,000
924,000
600,000
35,750,000
924,000
600,000
Dividends, etc
2,467,562
2,179,303
1,756,304
2,282,007
1,523,719
2,288,768
1,611,588
2,564,873
Profit and Loss
1,529,889
1,369,927
1,417,629
1,428,675
Total Liabilities.. . .
L. S. andM. S. Ry
Det. M. andT. R. R....
W. P. and Kal. R. R. . .
N C M R. R
62,815,279
42,701,846
1,291,968
610,000
69,413,727
45,472,132
1,291,968
610,000
84,262,650
59,983,606
1,291,968
610,000
89,802,097
63,495,167
1,291,968
610,000
1,327,240
1,659,043
92,681,865
64,876,529
1,291,968
610,000
1,347,495
1,890,151
91,812,381
65,152,010
1,291,968
610,000
1.347,495
1,886,05-2
91,346,487
65,312,333
1,291,968
610,000
1,347,495
1,873,807
91,450,461
65,441,206
1,295,600
610,000
1,356,400
1,868,954
J and F R. R
Ashtabula Branch
Construction ..
364,005
937,102
1,160,601
44,967,819
9,128,931
62,000
466,000
3,275,651
4,914,877
48,311,201
10,430,333
62,000
466,000
4,606,526
5,537,663
63,047,176
12,384,186
251,400
65,724,377
13,580,688
251,400
70,016,143
14,283,471
251,400
70,287,526
14,378.709
251,400
70,435,603
14,378,709
265,400
70,572,180
14,378,709
261,400
Eciuipment ..
Own Stock beld ........
Own Bonds in S. F
Floating Assets
3,532,217
5,047,669
4,174,756
5,070,874
4,775,477
3,355,374
3,461,264
3,433,482
3,399,053
2,867,722
3,443,066
2,791,126
Total Prop'y, etc..
62,815,279
69,413,727
84,262,650
89,902,097
92,681,865
91,812,381
91,346,457
91,450,461
RAILROAD MANUAL OF THE UNITED STATES.
597
The following is a detailed statement of the stocks, bonds, advances, etc., shown
in the general balance sheet, December 31, 1877 :
Title of Securities.
Par Value.
Market
Value.
$1,053,654 34
240,300 00
255,000 00
320,000 00
265,400 00
413,600 00
228,071 42
400,000 00
60,750 00
14,000 00
49,500 00
400,000 00
213,000 00
104,680 00
5,200 00
437,000 00
4,695 00
52,200 00
6,000 00
125,000 00
173,112 50
117,600 00
79,226 28
171,254 54
2.854 26
30,000 00
89,923 02
$273,000
300,000
400,000
11 11 II it gjj U 14
" " " " Capital Stock
400,000
60,750
14,000
66,000
400,000
213,000
110.000
61500
437,000
6,000
58,000
6,000
125,000
175,000
196,000
Lake Shore and Tuscarawas Valley Railroad Bonds, 1st Mortg. 7 p. c., gold.
Mahoning Coal Railroad Bonds, 1st Mortgage
Grand Rapids Newago and Lake Shore Bonds 1st Mortgage 8 per cent.
" " 2d Div. 1st Mortg. Bonds, 7 per cent.
Cincinnati, Wabash and Michigan R. R. Bonds, 1st Mortg. 7 per cent., gold.
Toledo, Wabash and Western. R. R. Sinking Fund Bonds, 1st Mortg., 7 p. c.
W P and Kalamazoo Railroad Bonds 1st Mortgage 7 per cent
Michigan Lake Shore " 8 per cent ....
" " Bonds, 2d Mortgage
Holliday Coal Co. Bonds, 8 PIT cent ....
30,000
88,656
Cleveland, Tus. Valley and Wheeling Bonds (and Stock, $5,850), 7 per cent.
$5,302,021 36
Detailed statement of the funded debt, December 31, 1877:
Classification of
Issues.
Companies by which Issued.
Date of
Issue.
o
1
Interest
Payable.
Principal
Payable.
Amount
Out-
standing.
Registered Bonds..
3d Mortgage Bonds.
Dividend Bonds . . .
Sink'g Fund Bonds.
ConsoPd 1st Mtge..
Regis'd & Coupon. .
Cons'd 2d Mortgage
1st Mortgage Bonds.
1st
2d
Mortgage Bonds
It II
Less Sinking Fund.
Tot. Funded Debt
Railroads owned :
1st Mortgage Bonds
(1 II It
11 . It II
Railroads Leased :
1st Mortgage Bonds
tt K it
2d
Stock..
I Clev. , Painesville and Ash- j
) tabula, 95.5 m |
Jan. 1, 1859
Oct. 1, 1867
Apr. 1, 1869
Oct. 1, 1869
July 1, 1870
Oct. 1, 1872
Dec. 1, 1873
May 3,1855
July 1, 1855
Apr. 1, 1866
July 1, 1862
Sept. 1, 1866
Apr. 1, 1868
7
7
7
7
7
7
7
7
7
7
7
1*
i
7
Jan. & July
Apr. & Oct.
it tt
tt ti
Jan. & July
Apr. & Oct.
June & Dec.
May & Nov.
Jan. & July
Apr. & Oct.
Jan. & July
Mar. & Sept.
Apr. & Oct.
Jan. 1, 1880
Oct. 1, 1892
April 1, 1899
Oct. 1, 1879
July 1, 1900
Oct. 1, 1882
Dec. 1, 1903
May 1, 1885
July 1, 1885
April 1, 1886
July 1, 1882
Sept. 1, 1886
April 1,1898
$
1,000,000
1,000,000
1,393,000
888,000
7,925,000
3,294,000
9,206,000
5.256,000
1,595,000
849,000
200,000
300,000
2,844,000
Lake Shore, 258 m
!Lake Shore and Michigan /
•Southern, 864 m \
M. S. and N. I., 451 m
1 Clev. and Toledo, 162 m . . . -j
i Buffalo and Erie, 88 m -j
Buffalo and State Line, 88 m
37,500,000
1,750,000
35,750,000
924,000
400,000
100,000
100,000
Detroit, Monroe & Toledo, 62 m.
Kalamazoo & W. Pigeon, 37 m.
Schooled & Three Rivers, 12m.
Kalamazoo & Schoolcraft, 13 m.
Kala., All. & Gr. Rapids, 58 m.
> J'mestown & Fr'nklin^lm. |-
Kala , All. & Grand Rapids.
Aug. 1, 1856
Sept. 1, 1869
Oct. 1, 1867
it it
July 1, 1868
July 1, 1863
June 1, 1869
7
7
8
8
8
7
7
6
Feb. & Aug.
Jan. & July
tt 14
It tl
Jan. & July
June & Dec.
Apr. & Oct.
Aug. 1, 1876
Jan. 1, 1890
July 1, 1887
it tt
July 1, 1888
Various.
June 1, 1894
1,524,000
840,000
422,000
500.000
610,000
2,372,000
598
RAILROAD MANUAL OP THE UNITED STATES.
The funded debt was reduced during the year by payment of $250,000 to sinking
fund. It is classified as follows :
First Mortgage — matures in 1900, including eleven Divisional Mortgages on
original Koads, to be merged into this Mortgage upon maturity $25,000,000
Less Sinking Fund 1,750,000
$23,250,000
Second Mortgage— matures in 1903 ; amount of Mortgage $25,000,000
Outstanding (including the plain Bonds of 1882— $3,395,000— provided for
by this Mortgage $12,500,000
Total Debt— interest, 7 per cent., currency $35,750.000
The following table shows the earnings of each of the lines now comprised in
the Lake Shore and Michigan Southern Railway, from the opening of the first section
(Erie and Kalamazoo R. R.) in 1837, to December 31, 1877 :
EARNINGS— 1837-1877— FORTY-ONE YEARS.
jj
03
o> :
H
«%
03 0>
Mo^
EH C
r&^-- C3
c 0'E
cs 5>Q
oS*"
BS*
Michigan South-
ern and North-
ern Indiana.
Cleveland and
Toledo.
ai rt
2fl
|H
03
PH-d
?§*
"3 QJ^
>"Zi£l
«•? a
o*~
£ .
1*
05£
11
3
Erie and North -
East, Six Feet
Gauge.
Buffalo and
State Line.
Buffalo and Erie.
.. — . _
Lake Shore and
Michigan
Southern.
Total Earnings.
a
0
H .
I*
£*
P
&
1837
$
55,821
$
$
$
$
$
$
$
$
$
55,821
1838
50 486
50,486
1839
46 1(59
46,169
1840
35,544
35,544
1841
37 686
7 399
45,085
1842
25 114
15 248
40,362
1843
26770
24 260
51,030
1844
28 005
60 340
v
88,345
1845
28,422
62735
91.157
1846
26,580
88,394
114,974
1847
32834
101 024
133,858
1848
26,047
71 580
97,627
1849
14,580
88,660
103,240
1850
162,235
162,235
1851
305,686
305,686
1852
555,383
62,380
202,713
820,476
1853
1,573,181
440,226
658,526
125,600
451.371
3,248,904
Cents
1854
2,158,312
685,737
870,430
705 582
4,420,061
3.510
1855
2,595,630
888,355
1,152,939
947,100
5,584,024
3.210
1856
2,714,848
1,106,021
1,321,699
1,108,755
6,251,323
2.960
1857
2,233,746
1,039,661
1,251,538
1 051,904
5,576,849
2.740
1858
2,015,750
838,810
1,111,353
938,740
4,904,653
2.380
1859
1,754,816
780,236
934,321
836,655
4,306,028
2.292
1860
2,068,897
889,500
1,069,325
918,021
4,945,743
2.157
1861
2,167,280
955.959
1,244,975
1,047,307
5,415,521
2.092
1862
3,228,329
1,167,545
1.629,126
1,386,611
7.411,611
2.099
1863
3,296,094
1,579,511
2,076,185
1,724,084
8,675,874
2.296
1864
1865
4,120,153
4,826,723
1,985,808
2,359,958
2,429,698
2,396,110
. ...
2,030,062
2,374,821
10,565,721
11,957.612
2.833
2.903
1866
4,646,328
2,514,277
2,599,352
2,447,058
12,237,015
2.476
1867
4,663,809
1,948,315
3,062,01c
2,284,129
11,958,266
2.427
1868
4,978,153
5,037,995
2.214,337
12,230,485
2.336
1869
2,099,540
2,258,665
1,290,075
7 327 is5
12,975,415
1.714
1870
1871
13,509,236
14 898 449
13,509,236
14,898,449
1.504
1.391
1872
17 699 935
17,699,935
1.374
1873
19 414 509
19,414,509
1.335
1874
17 146 131
17,146,131
1.180
1875
14^434,199
14,434,199
1.010
1876
13 949,177
13,949,177
.817
1877
13,505,159
13,505,159
8.64
BAILBOAD MANUAL OF THE UNITED STATES. 599
A part of the issue of 1st mortgage bonds are registered, interest payable quar-
terly, on the 1st days of January, April, July, and October.
The 1st general consolidated mortgage provides for a sinking fund of $250,000 a
year, which has been paid for seven years, leaving now outstanding of those bonds
$23,250,000, including the bonds of the various divisions, which, at maturity, are to
be merged in this debt. Of the 2d general mortgage, $12,500,000 are outstanding.
The fixed charges against net earnings for 1877 will be as follows :
Interest on L. S. and M. S. Railway Debt, $35,750,000 at 7 per cent $2,502,500
" "D.,M.andT. " " 924,000 at " " 64,680
" "K. andW. P " " 600,000 at 7 and 8 per cent 44,000
Dividend on Guaranteed Stock, $533,500, at 10 per cent 53,350
Rental four Branch Roads— partly estimated 265,000
$2,929,537
Less Interest and Dividends on Assets— estimated 200,000
Total $2,729,530
Payments for 1877 : 2,775,657
Estimated Reduction $46,120
/
The expense for laying steel rails has all been charged, year by year, to operating
account. The miles laid since 1872 have been as follows : In 1873, 141 miles ; 1874,
78 miles ; 1875, 105 miles ; 1876, 112 miles ; 1877, 160 miles.
Directors (elected May 1, 1878).— W. H. Vanderbilt, Augustus Schell, S. F. Bar-
ger, Cornelius Vanderbilt, W. K. Vanderbilt, Francis P. Freeman and John E. Burrill,
New York ; Henry B. Paine and Amasa Stone, Cleveland, 0. ; William L. Scott, Charles
M. Reed, Erie, Pa. ; Albert Keep, Chicago, 111. ; Rasselas Brown, Warren, Pa.
W. H. VANDERBILT, President New York City.
Augustus Schell, Vice-President " "
Treas. and Sec.—E. D. Worcester, New York City.
Asst. Sec.&Asst. Treas.— N. Bartlett.Cleveland, O.
Auditor— C. P. Leland
Gen. Manager — John Newell
General Supt. — Charles Paine " "
Gen. Fgt. Agent— Addison Hills "
Asst. Gen. Fgt. Agent— Chas. M. Gray.. Chicago, 111.
Gen. Ticket Agent— J. W. Cary Cleveland, O.
Chief Engineer— L. H. Clarke
Gen. Mast. Mech.— James Sedgley...
Master Car Builder— John Kirby —
Purchasing Agent— A. C. Armstrong.
PRINCIPAL OFFICE AND ADDRESS Cleveland, O.
Fiscal and Transfer Agency Union Trust Company, New York City.
DETKOIT, MONKOE AND TOLEDO KAILEOAD.
This company was organized April 26, 1855, and the road opened in July, 1857.
It extends from Detroit, Mich., to Toledo, O., 62.29 miles. It is wholly owned, except
5 shares of stock, by the Lake Shore and Michigan Southern Railway Co.
Rolling Stock.— Furnished by L. S. and M. S. Ry. Co.
Operations for ye^r ending December 31, 1877. — Included in returns of L. S.
and M. S. Ry. Co.
Financial Statement, December 31, 1877.— Capital stock, $414,100 ; and funded
debt, 1st mortgage 7 per cent, bonds, dated August, 1, 1855, and payable, interest, Feb-
600 EAILEOAD MANUAL OF THE UNITED STATES.
ruary and August, and principal, August 1, 1876, $924,000 — total stock and bonds,
$1,338,100. Per contra : Cost of road to date, $1,295,600.
Officers. — Same as L. S. and M. S. Railway Co.
PRINCIPAL OFFICE AND ADDRESS Cleveland. O.
JAMESTOWN AND FRANKLIN RAILROAD/
This company was chartered in April, 1862, and the road opened in 1867. It ex-
tends from Jamestown, the terminus of the Ashtabula and Jamestown Branch of the
L. S. and M. S. Ry., to Franklin, Pa., 51.1 miles, with a coal branch 1.5 mile at Stone-
boro, and 22.55 miles of sidings. It is operated under lease by the L. S. and M. S. Ry.
Co. for 40 per cent, of the gross earnings.
Rolling Stock. — Furnished by lessees.
Operations for year ending December 31, 1877. — Trains run, etc., included in
lessees' returns. Gross earnings, $218,440.05. Operating expenses (60 per cent, of
gross earnings), $131,064.03. Net revenue, $87,376.02, which was credited upon
account of interest paid on debt, advances, etc. Annual interest account, $65,310.
Financial Statement, December 31, 1877. — Capital stock authorized, $1,000,000,
in $50 shares; paid in, $605,027.50; funded debt, 1st mortgage 7 per cent, bonds,
due at various dates to January 1, 1897, $433,000 ; and 2d mortgage 7 per cent,
bonds, due June 1,1894, $500,000— total, $933,000 ; and floating debt, being advances
by lessees, $1,058,564.94— total stock, bonds and debt, $4,596,592.44. Per contra:
Construction account, $2,517,634.52.
JAMES MILES, President t Girard, Pa.
Secretary— S. C. Cornell Stoneboro, Pa. | Treasurer— George B. Ely Cleveland, O.
PRINCIPAL OFFICE AND ADDRESS Franklin, Pa.
MAHONING COAL RAILROAD.
This company was organized February 25, 1871, and the road was opened May
1, 1873. It extends from Andover, on the Ashtabula Branch of the L. S. and M. S.
Ry., to Youngstown, 0., 38 miles, with 4.99 miles of coal branches and 7.15 miles of
sidings. It was leased from date of opening to the L. S. and M. S. Ry. Co. for 40
per cent, of the gross earnings.
Rolling- Stock.— Furnished by lessees.
Operations for year ending December 31, 1877. — Included in lessees' returns.
Gross earnings, $110,569.17; operating expenses — estimated 60 per cent. — $66,341.-
50 ; net earnings, $44,227.67.
Financial Statement, December 31, 1877.— Capital stock, $1,373,000; funded
debt, $1,471,000— of which the L. S. and M. S. Ry. Co. hold $213,000— 1st mortgage
7 per cent, bonds, payable January 1, 1902 — total stock and bonds, $2,844,000. Per
contra : Cost of construction, etc., $2,751,263.83.
AUGUSTUS SCHELL, President and Treasurer New York City.
PRINCIPAL OFFICE AND ADDRESS.. .L. S. and M. S. Ry. Co., Cleveland, O.
EAILKOAD MANUAL OF THE UNITED STATES. 601
KALAMAZOO, ALLEGAN AND GRAND EAPIDS E. E.
This company -was organized June 3, 1868, and the road was opened March 1,
1869. It extends from Kalamazoo to Grand Rapids, Mich., 58 miles. It was leased
from its opening to the L. S. and M. S. Ry. Co. at an annual rental of $103,800, being
dividends on guaranteed stock and interest on funded debt.
Rolling1 Stock. — Furnished by lessees.
Operations. — Included in lessees' returns. Lease rental, $103.800. Earnings
for year ending December 31, 1877, $135,603.
Financial Statement, December 31, 1877. — Capital stock (guaranteed 6 per cent.),
$610,000 ; and funded debt (assumed by lessees), 1st mortgage 8 per cent, bonds,
payable, interest January and July, and principal January 1, 1880, $840,000. Per
contra : Cost of railroad and appurtenances, $1,450,000.
J. H. WADE, President. .* Cleveland, O.
Division Superintendent— -"W 'm. Wheaton Kalamazoo, Mich.
PRINCIPAL OFFICE AND ADDRESS Kalamazoo, Mich.
KALAMAZOO AND WHITE PIGEON EAILKOAD.
This company was organized September 24, 1869, by the consolidation of the
School craft and Three Rivers R. R. Co. (organized June 6, 1855) and the Kalamazoo
and Schoolcraft R. R. Co. (organized June 6, 1866). It also purchased the road and
franchises of the St. Joseph Valley R. R. Co. chartered April 3, 1848, and road opened
from Constantine to White Pigeon in 1852. The line of the S. and T. R. R. R. Co.
was opened in 1855, and the remainder May 3, 1867. The road extends from Kala-
mazoo to White Pigeon, 36.68 miles, and is owned by the L. S. and M. S. Ry. Co.
Rolling1 Stock. — Furnished by L. S. and M. S. Ry. Co.
Operations for year ending December 31, 1876. — Included in the returns of the
L. S. and M. S. Ry. Co. Gross earnings, $104,654.41 ; operating expenses, $68,025.10 ;
net earnings, $36,629.31. Interest paid, $44,000.
Financial Statement, December 31, 1876.— Capital stock $230,900 ; funded debt,
assumed by lessees, $600,000— total, $830,900. Per contra : Cost of road, $610,000.
Officers. — Same as Lake Shore and Michigan Southern Railway Company.
PRINCIPAL OFFICE AND ADDRESS , Cleveland, O.
NORTHERN CENTRAL MICHIGAN RAILRAOD.
This company was organized November 12, 1866, and the road opened January
13, 1873. It extends from Jonesville to Lansing, Mich., 61.14 miles, and is owned by
the L. S. and M. S. Ry. Co. It acquired its line of road by purchase of the Amboy,
Lansing and Traverse Bay R. R. Co. of that portion of their line south of Lansing.
602 BAILROAD MANUAL OF THE UNITED STATES.
Boiling Stock.— Furnished by L. S. and M. S. Ry. Co.
Operations for year ending December 31, 1876. — Included in operators' returns.
Financial Statement, December 31, 1876.— Capital stock, $610,000; and funded
debt, 1st mortgage 7 per cent, bonds, $1,525,000— total, $2,135,000. Per contra : Cost
of road, $1,356,400.
S. V. IRVIN, President Albion, Mich.
Division Superintendent-^. J. Charlesworth Lansing, Mich.
PRINCIPAL OFFICE AND ADDRESS Cleveland, 0.
LAKE YIEW AND COLLAMEK EAILKOAD.
Line of Road. — Cleveland, O., to Euclid, 0 7.25 miles.
Sidings, 0.40 mile. Gauge, 4 feet 8^ inches. Rail, 25 Ibs.
This road was opened in 1875.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 2 ; other, 6 — total, 8.
Operations for year ending June 30, 1877. — Total earnings, $6,494.57 ; operating
expenses, $4,231.45 ; net earnings, $2,263.12.
Financial Statement, June 30, 1877. — Capital stock (authorized), $250,000 ; paid
in, $68,850 ; funded debt, $28,000; floating debt, $35,492.75— total stock, bonds and
debt, $132,342.75. Per contra : Cost of construction, etc., $123,223.54.
H. A VERY, President Euclid, 0.
Secretary— H. M. Chapman Euclid, O. | Superintendent— Z. P. Brinsmade — Cleveland, O
PRINCIPAL OFFICE AND ADDRESS Cleveland, 0.
LAWKENCE EAILKOAD.
Line of Road. — Lawrence Junction, Pa., to Youngstown, 0 17.98 miles.
Branch : Canfield Junction, O., to Coal Fields, 0 4.06 "
Total length of line owned and operated 22.04 miles.
Sidings, etc., 3.52 miles. Gauge, 4 feet 9i inches. Rail, 60 Ibs.
This company was chartered in Pennsylvania April 23, 1864, and organized in
Ohio June 6, 1864. The road was completed in 1867, and leased to the Pittsburg,
Fort Wayne and Chicago Ry. Co. June 27, 1869, and by that company transferred
to the Pennsylvania Company, by whom it is operated. By the terms of the lease,
the lessees agree to pay as rental 40 per cent, of the earnings — in no case to be less
than, $45,000 yearly. The Branch was built under a separate organization, but con-
solidated with the Lawrence R. R. Co. April 23, 1873.
Rolling Stock. — Furnished by lessees.
Operations for year ending December 31, 1877. — Trains run — passenger, 22,462 >
EAELBOAD MANUAL OF THE UNITED STATES. 603
freight and coal, 99,275 — total, 121,737 miles. Passengers carried, 44,839; carried
one mile, 519,086. Freight moved, 543,907 tons ; moved one mile, 7,175,136 tons.
Earnings.
From Passengers $15,681 96
" Freight 158,40889
" Mail and Express, etc 4,231 91
$178,322 76
Expenditures.
For Maintenance of Way $21,484 73
" EollingStock 24,122 34
" Transportation, etc 36,71811
$82,326 18
Balance — net earnings, $95,996.58. Rental received from lessees, $71,329.10 ;
miscellaneous receipts, $1,635— total, $72,964.10. Dividends (10 per cent.), $45,000 ;
interest on funded debt, $26,030 ; other payments, $2,996.32— total, $72,045.99.
General Balance, December 31, 1877.
Construction and Equipment $807,933 00
Stocks, Bonds and Sinking Fund 37,378 33
Cash and Other Assets 6,953 71
$352,265 04
Capital Stock $450,000 00
Funded Debt 355,000 00
Profit and Loss, etc .. 47,26504
$852,265 04
The funded debt consists of 1st mortgage 7 per cent, bonds, dated August, 1865,
due August, 1895. $17,215 are now in sinking fund.
Directors (elected February 23, 1878).— Thomas D. Messier, J. N. McCullough,
John B. Jackson and G. W. Cass, Pittsburg, Pa. ; A. L. Crawford and R. W. Cun-
ningham, New Castle, Pa. ; and W. R. Pannalee, Youngstown, O.
THOMAS D. MESSLER, President Pittsburg, Pa.
Gen. Manager— S. D. Layng Pittsburg, Pa. | Sec. and Treas.—F. M. Hutchinson.. Pittsburg, Pa.
PRINCIPAL OFFICE AND ADDRESS 175 Wood St., Pittsburg, Pa.
LITTLE MIAMI EAILKOAD.
Line of Road.— Cincinnati, O., to Columbus, 0 120.0 miles.
Leased lines and branches, named below 76.7
Total length of line owned, leased and operated 196.7 miles.
Sidings, etc., 56.2 miles. Gauge, 4 feet 10 inches. Rail, 60 Ibs. Steel rails, 0.57 mile.
This company was chartered March 11, 1836, and the road opened to Springfield,
August, 1846. The company made a contract for mutual operations with the Columbus
and Xenia R. R. Co., and January 1, 1865, the associated companies leased the Day ton
and Western R. R. The partnership was dissolved November 30, 1868, when the Little
Miami R. R. Co. took a lease of the C. and X. and the D. and W. R. Rs. December
1, 1869, the L. M. R. R. and leased lines were leased to the Pittsburg, Cincinnati and
and St. Louis Ky. Co. for 99 years, at an annual rental of 8 per cent, on the capital
stock, the interest on the funded debt, $5,000 yearly for expenses of organization, and
the fulfilment of the lease obligations to its own leased lines. The road is operated
by the Pennsylvania Company. The branch from Xenia to.Dayton, 16 miles, is owned
by L. M. R. R. Co. The other branches are leased. Prior to the lease to the P., C.
and St. L. Ry. Co., they were all operated as one line — that part from Cincinnati to
604
RAILROAD MANUAL OF THE UNITED STATES.
Columbus, being known as the main line, and the other portions as branches. The
Little Miami R. R. Co., as lessor, receives the entire rental of its own leased lines,
and is responsible to the other companies for their proportion of the same. Their
operations, but not their capital accounts, are here included.
Boiling Stock. — Locomotive engines, 44. Cars — passenger, 38 ; baggage, mail
and express, 11 ; freight (box, 419 ; platform and coal, 117 ; stock, 140), 676 — total
revenue cars, 725. Also, 3 service cars.
Operations for year ending December 31, 1877. — Trains run — passenger, 578,615 ,
freight, 21,442,173; and other, 562,850 — total, 1,141,465 miles. Passengers carried;
925,564; carried one mile, 21,442.173. Freight moved — 584,645 tons; moved one
mile, 45,877,993 tons.
Earnings.
From Passengers $473,866 58
" Freight 671,64957
" Mail and Express 94,44104
Miscellaneous 165,566 75
Expenditures.
For Maintenance of Way $264,447 35
" Rolling Stock 301,34384
" Transportation 297,529 61
Miscellaneous. . . 110,422 43
$1,405,523 94 $973,743 23
Balance — net earnings, $431,780.71. Payments by lessees, annual rental, $740,-
217.40, out of which were paid — interest on funded debt (including C. and X. and D.
and W. R. R. Cos.), $171,375.62; dividends (ditto), 8 per cent., $520,000; taxes,
miscellaneous payments, $48,841.78. Balance — advanced by lessees — $308,436.69.
Abstract of operations for eight years :
Fiscal
Years.
Miles
of
Road.
Passen-
gers.
Mileage.
Freig't,
Tons.
Mileage.
Gross
Earnings.
Net
Earnings.
Divi-
dends.
p.C.
1870.
1871.
196
196
465,786
21,825,726
*617,824
476,542
*477,946
*536,832
$1,840,299 00
1,777,722 00
$549,776 00
517,919 00
$304,427
398,448
8 *
1872.
1873.
1874.
1875.
1876.
1877.
196
196
196
196
196
196
702,441
723,785
771,971
872,520
930,064
925,564
*618,204
20,156,288
21,257,232
21,965,261
23,591,881
21,442,173
558,656
471,151
490,195
497,493
517,421
584,645
46,680,257
37,256,878
38,554,255
38,237,293
41,241,209
45,877,993
1,673,307 00
1,401,548 00
1,448,056 00
1,352,230 74
1,284,828 17
1,405,523 94
403,386 00
544,122 00
375,870 (JO
353,315 79
388,262 11
431,780 71
36S,626
368,636
520,000
520,000
5-20000
520^000
000000000000
* Train Mileage.
General Balance, December 31, 1877.
Construction and Equipment $6,533,424 88
Other Property and Accounts 425,123 96
63,829 19
29,67394
Stocks and Bonds .
Cash on Hand..
Capital Stock $4,608,25000
Funded Debt 2,148,000 00
Other Liabilities 28,028 34
Balance — Income Account 267,773 63
$7,052,051 97 $7,052,051 97
Description of bonds issued and outstanding December 31, 1877 :
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal,
When Due.
Amount
Authorized.
Am't Out-
standing.
Mortgage L. M. R. R
May 2, 1853.
6
May and Nov.
May 2, 1883.
$1,500,000
$1,491,000
City of Cincinnati
May 1, 1844.
6
Dec. 1, 1880.
100,000
100,000
Old 1st Mtg. D. & W. R. R. Co.
7
Mar. and Sept.
March 1881
53,000
Guaranteed " " "
6
Jan. and July.
Jan., 1905.
463,000
it K u tt
7
44 44
44 44
32,000
1st Mortg. C. & X. R. R. Co. .
7
Mar. and Sept.
Sept., 1890.
302,000
" " C in. Street Con. Ry.
6
Jan. and July.
250,000
2d. »t 44 44 44 '
6
May and Nov.
275,000
BAILKOAD MANUAL OF THE UNITED STATES. 605
All the above, except the L. M. R. R. bonds of $1,491,000, are guaranteed by the
L. M. R. R. Co. The cost of the Dayton and Western R. R. is $738,000, of which
$575,000 is funded debt as above, and $163,000 is on other accounts. All other ac~
counts of that road are here included.
There has been no substantial change in the general account of the L. M. R. R.
Co. since the lease.
Directors (elected January 29. 1878).— R. A. Holden, Chas. P. Cassilly, Wm. H.
Clement, Julius Dexter, Henry Hanna, A. D. Bullock, Joseph H. Rogers, Joseph
Longworth, and L. B. Harrison, Cincinnati, 0. ; Hugh J. Jewett, New York City ;
Thos. D. Messier, Pittsburg, Pa. ; and Joseph R. Swan, Columbus, 0.
HUGH J. JEWETT, President New York City.
Henry Hanna, Vice-President Cincinnati, O.
Treasurer— S. E. Wright Cincinnati, O. | Secretary— Julius Dexter Cincinnati, O.
General Manager — D. W. Caldwell Columbus, O.
(For lessees' officers see P., C. and St. L. Ry. Co.)
PRINCIPAL OFFICE AND ADDRESS. . .Lafayette Bank Building, Cincinnati, 0.
COLUMBUS AND XENIA BAILKOAD.
Chartered March 12, 1844, and road opened February, 1850. It extends from
Columbus, O., to Xenia, O., 54.7 miles. This company formed a partnership with
the L. M. R. R. Co. November 30, 1853, under which the two roads were operated as
one, the portion of the L. M. R. R. from Xenia to Springfield being treated as a
branch. This partnership was dissolved November 30, 1868, and the C. and X. R. R.
leased by the L. M. R. R. Co., on an agreement to pay 7 per cent, dividend on a
capital of $1,786,200, and interest on funded debt. On the lease of the L. M. R. R.
by the P., C. and St. L. Ry. Co., the lease of the C. and X. R. R. was transferred
therewith.
Rolling Stock and Operations. — Included in lessees' returns.
Financial Statement, December 31, 1877. — Capital stock paid in, $1,786,200;
funded debt, $302,000— total, $2,088,200. Per contra: Construction, $1,493,146;
equipment, $321,624.96; stocks and bonds, $103,050; cash, $920.52; other assets,
$169,458.52— total, $2,088,200.
The funded debt consists of 1st mortgage 7 per cent, bonds, due September 1, 1890-
JOSEPH R. SWAN, President Columbus, O.
Secretary and Treasurer— Robert S. Smith Columbus, O.
PRINCIPAL OFFICE AND ADDRESS Columbus, O.
MANSFIELD, COLDWATEK AND LAKE MICHIGAN K. B.
Line of Koad.— Mansfield, 0., to Tiffin, 0 44 miles.
Sidings, etc., 1.832 mile. Gauge, 4 feet 9i inches. Rail, 52 Ibs.
606
BAILROAD MANUAL OF THE UNITED STATES.
This company was organized May 20, 1870, and the present length of line opened
May 1, 1873. The road, as projected, is intended to run from Mansfield, O., to Alle-
gan, Mich., 223 miles. In addition to the portion in operation in Ohio, there is a sec-
tion completed in Michigan from Monteith to Allegan, 11.5 miles, operated by the
Grand Rapids and Indiana R. R. Co., and not here included. The road is operated by
trustees, under arrangement with the Pennsylvania Company, which furnishes equip-
ment. From Mansfield to Junction, 7.3 miles, this company uses under lease the line
of the P., Ft. W. and C. Railway,
The road was sold under foreclosure August 28, 1877, and has since been pur-
chased by the Northwestern Ohio Railway Co., and now constituting a part of that
Go's road, possession having been taken January 1, 1878.
Boiling1 Stock. — Furnished by the Pennsylvania Company.
Operations for year ending December 31, 1877. — Trains run — passenger, 55,487;
freight, etc., 75,586 — total, 131,067 miles. Passengers carried, 44,088; carried one
mile, 925,462. Freight moved, 107,622 tons ; moved one mile, 3,820,733 tons.
Earnings.
From Passengers $25,634 gs
" Freight 54,11786
" Mail and Express, etc 9,81535
$89,628 09
Expenditures.
For Maintenance of Way $19,893 23
" RollingStock 23,58645
" Transportation, etc 27,320 41
$70,805 69
Balance — net earnings, $18,822.40. Payments from net earnings — hire of rolling
stock, $11,257.48. Other payments, $12,467.13.
Abstract of operations for six years :
Fiscal Years.
Miles
R. R.
Passen-
gers.
Mileage.
Freight,
Tons.
Mileage.
Gross
Earnings.
Net
Earnings.
1873*
44
31,135
745,907
30,796
1 188,797
$55 977 88
$8,466 67
1874
44
56,245
1,335,816
70,365
2,784,257
95,C60 35
12,201 82
1875
44
54,134
1,181,478
87882
3 626 093
102 888 75
4 953 00
1876
44
55,094
1,210,716
118^015
4 762,466
100,600 51
18,410 34
1877
44
44,088
925,462
107,622
3,820,733
89,628 09
18,822 40
* For seven months only.
Financial Statement, December 31, 1876, prior to foreclosure. — Share capital
paid in, $1,184,151.55; funded debt outstanding, $1,600,000; bills payable, $112,944 ;
other liabilities, $112,944 — total, $2,897,095.55. Contra: Cost of road and appurte-
nances, $2,897,095.55. All the then outstanding liabilities were extinguished by fore-
closure.
H. C. LEWIS, President Coldwater, Mich.
Superintendent— 3 . S . Morris Toledo, O. | Treasurer— W . H. Barnes Pittsburg, Pa.
Auditor— -J. P. Farley Pittsburg, Pa.
PRINCIPAL OFFICE AND ADDRESS Mansfield, 0.
RAILROAD MAmJAL OF THE UNITED STATES. 607
MAEIETTA AND CINCINNATI EAILKOAD.
Line of Road.— Mill Creek Bridge, O., to Scott's Landing, 0 188.15 miles.
Lines leased and operated, named below 35.93 "
Brandies, named below 88.11 "
Total length of line owned, leased and operated 312.19 miles.
Sidings, etc., 78.08 miles. Gauge, 4 feet 8i inches. Rail, 56, 60 and 64 Ibs.
The Belpre and Cincinnati R. R. Co. chartered March 8, 1845, to build a road
from Ohio River, opposite Parkersburg, to the Little Miami R. R. and Franklin and
Ohio River R. R. Co., chartered March 21, 1851, was authorized to consolidate and to
change the name to Marietta and Cincinnati R. R. Co., which was done in 1851. Con-
solidation was also made with the Hillsboro and Cincinnati R. R. Co. The road was
completed April 20, 1857, to Loveland, on the Little Miami R. R., 23 miles from Cin-
cinnati. In consequence of non-payment of interest on its bonds, the company was
reorganized, August 15, 1860, under the same name. The Hillsboro Branch, 21 miles,
was completed in 1858, and in December, 1863, the company purchased the Scioto
and Hocking Valley R. R., 56 miles, now known as the Portsmouth branch. The
branches from Belpre to Marietta is 11.11 miles, and the Cincinnati and Baltimore
Ry. 560 miles, and the Baltimore Short Line Ry., 30.33 miles, are leased. The Cincin-
nati extension, from Loveland to the C., H. and D. R. R., was opened February 17,
1866.
Rolling Stock. — Locomotive engines, 73. Cars — passenger, 27; baggage, mail
and express, 18; freight and coal, 1,479 — total revenue cars, 1,524.
Operations for year ending December 30, 1876. — Trains run — passenger, 771,400 ;
freight, 1,325,100; and other, 164,800— total, 2,261,300 miles. Passengers carried,
676,941. Freight moved, 800,000 tons.
Earnings.
From Passengers $478,972 02
" Freight 1,020,424 97
" Mail, Express, etc 137,653 29
$1,637,052 28
Expenditures.
For Maintenance of Way $367,483 78
" Rolling Stock 465,652 05
" Transportation, ect 458,734 71
$1,291,870 54
Balance— net earnings, $345,181.74. Interest on funded debt, $842,494.
In consequence of default in payment of interest on the 4th mortgage bonds, the
road was placed in the hands of a Receiver June 27, 1877, and no report of operations
for the last year is furnished.
This company guaranteed the stock of the Baltimore Short Line Railway to the
amount of $1,125,000, at 8 per cent, per annum, and the bonds, amounting to $75,000,
at 7 per cent., which, with $3,000 additional for expenses of organization, amounting
to $160,500, forms the yearly rental paid for the use of that line, which was brought
into operation November 15, 1874.
608
RAILKOAD MANUAL OF THE UNITED STATES.
General Balance, December 31, 1875.
Construction and Equipment $23,605,983 69
Materials 56,13627
Real Estate 253,246 47
Cincinnati and Baltimore Ry. Stock. . 650,550 00
Baltimore Short Line Railway Stock. 1,050,000 00
" Bonds 675,00000
Current Accounts 236,21977
Suspense Account 155,000 00
ProfitandLoss 6,137,416 26
$32,819,552 46
No later balance sheet furnished.
Capital Stock, First Preference $8,105,600 00
" " Second " 4,440,10000
Common, or Deferred Stock 1,386,350 00
First Preference Scrip 25,119 44
Second " " 20,26823
Common, or Deferred Scrip 22,562 33
Funded Debt 11,307,811 10
Pay Rolls 116,16716
Bills Payable, Loans, etc . . 7,395,574 20
$32,819,552 46
Statement in detail of the funded debt, December 31, 1875, latest furnished :
Date of
Interest.
Principal
Amount
Issue. ,
<o
1
Payable.
Payable.
Outstanding.
1st Mortgage, Sterling
Aug. 1, 1861.
7
Feb. and Aug.
Aug. 1. 1891.
$1,050,000 00
1st ' Dollar
7
u i»
it ii
2,450,000 00
3 811 10
2d '
May 1, 1866.
7
May and Nov.
May 1, 1896.
2,500,000 00
3d '
July 1, 1865.
8
Jan. and July.
July 1, 1890.
3,000,000 00
4th ' .
April 1, 1873.
8
Apr. and Sept.
Apr. 1, 1908.
2,004,000 00
S. andH.V. R. R.,lstM'tge (assumed)..
May 1, 1866.
7
May and Nov.
May 1, 1896.
300,000 00
No later information than the above is furnished.
Directors (elected February 19, 1878). — John King, Jr., Robert Garrett, Thomas
Whitridge, W. F. Burns and J. Donnell Smith, Baltimore, Md. ; Geo. Hoadly, H. C.
Smith, R. M. Bishop, W. W. Scarborough and James D. Lehmer, Cincinnati, O. ;
Win. T. McClintick and William Waddle, Chillicothe, O.
WILLIAM WADDLE, President Chillicothe, O.
John King, Jr. , Receiver Baltimore, Md.
Treasurer— W '. T, McClintick Chillicothe, O.
Sec. and Auditor— Charles F. Low .. Cincinnati, "
Cashier and Register— Wm. E. Jones
Superintendent— William W. Peabody "
Master Machinery— E. Bosley Chillicothe, "
Chief Engineer— John Waddle Cincinnati, O.
Road Master— S. W. Stone "
Master Trans.— W. H. Lankester "
Gen. Frt. Agent— R. W. Frazer "
Gen. Pass. Agent— W. N. Sliter "
PRINCIPAL OFFICE AND ADDRESS Cincinnati, O.
BALTIMOEE SHORT LINE RAILWAY.
Line Of Road. — Marietta and Cincinnati R. R. to Belpre, 0 30.33 miles.
Sidings, 6.3 miles. Gauge, 4 feet 8-£ inches. Rail, 64 Ibs.
Chartered September 9, 1870, and road opened November 15, 1874. Operated in
connection with the Marietta and Cincinnati R. R.
RAILKOAD MANUAL OF THE UNITED STATES. 609
General Balance, June 30, 1876.
Construction Account $1,993,538 81
Bills Receivable 1,40QJX)
Sundry Accounts 914 45
$1,995,853 26
Capital Stock $1,243,440 06
Marietta and Cincinnati R. R. Co 2,413 20
Funded Debt 750,000 00
$1,995,853 26
The total cost of the road to December 31, 1876, was $1,996,680.81.
No later information furnished.
JOHN WADDLE, President Cincinnati, O.
Treaswer—W. E. Jones Cincinnati, O. | Secretary— Charles F. Low... Cincinnati, O.
Chief Engineer— E. E. Mason Cincinnati, O.
PRINCIPAL OFFICE AND ADDRESS Athens, O.
CINCINNATI AND BALTIMORE BAIL WAY.
Line of Road. — Cincinnati, 0., to Ludlow Grove, 0 5.6 miles.
Double track, 5.6 miles. Sidings, 6.05 miles. Gauge, 4 feet 8£ inches. Rail, 64 Ibs.
Organized September 4, 1868. Opened June 1, 1872. Leased to M. and C. R. R. Co.
The Marietta and Cincinnati R. R. Co. operate this road as a part of their own
line, assuming the expense of maintenance, payment of principal and interest of
mortgage bonds and dividends (8 per cent.), on its capital stock. The operations are in-
cluded in its reports, the same as for other parts of the line.
Amount paid by lessees,for year ending June 30, 1876, $78,973.91.
General Balance, June 30, 1876.
Road and Appurtenances $1,702,749 00
RealEstate 45,18046
Sundry Accounts 2,885 66
$1,750,815 12
Capital Stock $1,247,555 00
First Mort. Bonds (authorized, $500,000) 50,000 000
Bills Payable, etc 3,360 12
$1,750,815 12
No later information furnished.
W. T. MCCLINTICK, President Cincinnati, O.
Treasurer— -W '. E. Jones Cincinnati, O.I Secretary—Charles F. Low Cincinnati, 0 .
Chief Engineer— 3 o\m Waddle Cincinnati, O.
PRINCIPAL OFFICE AND ADDRESS Cincinnati, 0.
MABIETTA, PITTSBUKG AND CLEVELAND EAILKOAD.
Line of Road. — Marietta, O., to Canal Dover, O 99.00 miles.
Marietta City Branch 1.50 "
Total length of line operated , 100.50 miles.
Sidings, etc., 8 miles. Gauge, 4 feet 8| inches. Rail, 50 and 56 Ibs.
39
610 EAILKOAD MANUAL OF THE UNITED STATES.
Tliis company was organized as the Marietta and Pittsburg R. R. Co., September
29, 1868, and the present title taken December 9, 1873. The road was completed to
its present terminus, where it connects with the Cleveland and Pittsburg R. R., May
25, 1874. It was placed in the hands of a receiver, owing to default in interest on its
bonds, August 7, 1875, and sold under foreclosure June 13, 1877.
Rolling Stock. — Locomotives, 9. Cars — passenger, 7 ; express and baggage, 2 ;
freight and other, 127 — total, 136 cars. Also, 3 service cars.
Operations for year ending June 30, 1877. — Not reported. The gross earnings
for year 1875-76 were $144,606.06. Net earnings, $49,577.23.
General Balance, June 30, 1876.
Construction Account $3,914,509 60
Interest on Bonds 333,718 08
Discounton " 534,14726
$4,782,374 94
Capital Stock $1,473,632 16
Funded Debt 2,880,000 00
Miscellaneous Accounts 428,742 78
$4,782,374 94
The above statement was made prior to sale under foreclosure. Reorganization
not completed.
Purchasing Committee. — Cyrus W. Field, John Paton, New York ; Isaac Morton,
Cambridge, O.
Treasurer — Isaac Morton Cambridge.
Secretary— G. W. Davis Marietta.
Purch. Agent— R. B. Hoover "
Gen. Manager— S. C. Baldwin Marietta.
Mast. Mech. — Thomas Eobertson "
Gen. Tkt. Agt.—5. A. Kingsbury "
PRINCIPAL OFFICE AND ADDRESS Marietta, O.
MASSILLON AND COSHOCTON KAILWAY. (In Progress.)
Line of Road. — Cleveland, O., to Coshocton, 0 .110 miles.
This company was organized under above title May 10, 1875. The name was
changed September 1, 1877, to Cleveland, Canton, Coshocton and Straitsville R. B.
Co. At close of the last fiscal year 35 miles, from Baris Mills to Coshocton, had been
graded. Gauge, 4 feet 8i inches.
Financial Statement, June 30, 1877. — Capital stock authorized, $800,000 ; paid
in, $423,284.09 ; floating debt, $14,594.10— total, $437,878.19, being amount expended
for construction. Per contra : Expended on construction account, $428,953.72.
B. B. DENNIS, President Cleveland, O.
Treasurer—!?. C. Goff Cleveland, O. | Secretary— H. D. Dennis Cleveland, O.
PRINCIPAL OFFICE AND ADDRESS Cleveland, O.
MIAMI VALLEY KAILWAY. (In Progress.)
Line of Road. — Cincinnati, 0., to Xenia, 0 55.50 miles.
Incorporated November 9, 1874, as the Miami Valley Narrow Gauge Railway
Co., and the present title adopted October 16, 1876. The road is designed to connect
BAILKOAD MANUAL OF THE UNITED STATES. 611
by means of other narrow gauge lines with the coal fields of Southern Ohio. Grad-
ing has been completed for 38 miles, between Waynesville and Cincinnati. Gauge,
3 feet.
Financial Statement, June 30, 1577. — Capital stock authorized, $500,000 ; paid
in, $97,746.86 ; funded debt, 1st mortgage 7 per cent, bonds, dated November 1, 1876,
payable 1896, $55,000 ; floating debt, $9,472.82— total, $162,221.70, expended on con-
struction account.
SAMUEL S. HAINES, President Waynesville, O.
Secretary— Joel Evans Waynesville, O. | Treasurer— W. B. Sellers Lebanon, O.
Chief Engineer— Philip Golay Cincinnati, O.
PRINCIPAL OFFICE AND ADDRESS Lebanon, O.
NOBTHWESTEEN OHIO EAILWAY.
Line of Road.— Tiffin, O., to Woodville, 0 24.39 miles.
Sidings, etc., 0,975 mile. Gauge, 4 feet 9| inches. Rail, 52 Ibs.
This company was organized August 21, 1867, as the Columbus, Tiffin and Toledo
R. R. Co., and reorganized as the Toledo, Tiffin and Eastern R. R. Co. September 23,
1871. The^road was opened May 1, 1873. It was again reorganized under its present
title August 18, 1876. It was in the hands of trustees from January to September
30, 1876, and since that date has been operated by the Pennsylvania Company.
Rolling of Stock. — Furnished by the Pennsylvania Company.
Operations for year ending December 31, 1877. — Trains run — passenger 32,487 ;
freight, 45,230 — total, 77,717 miles. Passengers carried, 38,784 ; carried one mile,
680,780. Freight moved, 129,669 tons ; moved one mile, 3,070,650 tons.
Earnings.
From Passengers $16,373 14
" Freight, etc 44,67748
$61,050 62
Expenditures.
For Maintenance of Way .. $15,528 67
" Transportation, etc 30,264 93
$45,793 60
Balance — net earnings, $15,257.02. Payments from net earnings — hire of equip-
ment, $7,651.99.
Financial Statement, December 31, '1877.— Capital stock, $1,900,350. Operat-
ing cost of R. R.
Directors (elected February 8, 1878). — Thomas D. Messier, J. N. McCullough,
William Shaw, Pittsburg, Pa. ; R. F. Smith, Cleveland, O. ; D. L. Zink, Crestline,
0. ; Frank Janes and G. W. Layng, Toledo, 0.
G. W. LAYNG, President Toledo, O.
General Manager.— 3. D. Layng Pittsburg, Pa. | Sec. and Treas.— Frank Janes Toledo, 0.
PRINCIPAL OFFICE AND ADDRESS 52 Madison Street, Toledo, O.
612 RAILROAD MANUAL OF THE UNITED STATES.
OHIO CENTEAL EAILWAY. (In Progress.)
Line of Road.— Pomeroy, O., to Toledo, 0 235.0 miles.
In operation : New Lexington to Moxahala, 0 7.3 "
Sidings, etc., 0.50 mile. Gauge, 4 feet 9£ inches. Rail, 56 Ibs.
Formerly Atlantic and Lake Erie R. R. Co., reorganized in 1876 under above title.
Road is in progress between Toledo and Bucyrus, on the P., F. W. and C. Ry. The
road bed is graded for 128 miles. No report received of rolling stock or operations.
This road is reported to be in the hands of a Receiver.
Financial Statement, June 31, 1876, latest furnished. — Capital stock, paid in,
$1,122,430.12; funded debt, $44,600.10; floating debt, $224,967.86— total, $1,391,-
997.98; grading and masonry, $1,355,066.80; equipment, $17,000; cash and dues,
$19,931.18— total, $1,391,997.98. .
THOMAS EWING, President Lancaster, 0.
Receiver — A. W. Scott New Lexington, O. | Manager — J. G. Chamberlain Moxahala, O.
PRINCIPAL OFFICE AND ADDRESS Lancaster, 0.
OHIO AND TOLEDO KAILROAD. (In Progress.)
Line of Road. — Cannonsburg, 0., to Youngstown, 0 65.00 miles.
Completed and in operation : Cannonsburg, O., to Minerva, 0 23.49 "
Sidings, etc., 0.58 mile. Gauge, 3 feet. Rail, 30 Ibs.
Organized May 14, 1872. The Carrollton and Oneida R. R. was sold to this Co.
July 15, 1873, and completed July 30, 1874.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 2 ; other, 9.
Operations for year ending June 30, 1877. — Trains run, 13,340 miles. Passen-
gers carried, 6,483; carried one mile, 85,899. Freight moved, 2,818 tons; moved
one mile, 30,998 tons. Earnings from passengers, $2,917.22; freight, etc., $4,821.64
—total, $7,738.86. Operating expenses, $8,483.60. Balance, deficit, $744.74.
Financial Statement, June 30, 1877.— Capital stock authorized, $1,500,000; paid
in, $160,000 ; floating debt, $84,475— total, $244,475, being amount expended on
construction account.
E. R. ECKLEY, President .Carrollton, 0.
Trustee— G. P. Davis Carrollton, O. Secretary and Treasurer — S. Weaver,Carrollton, O.
Superintendent— N. A. Smith " " Auditor— H. Beidlar "
PRINCIPAL OFFICE AND ADDRESS Carrollton , O.
PAINESYILLE, CANTON AND BKIDGEPOKT E. E.
(In Progress.)
Line of Road. — Painesville, O., to Bridgeport, 0 140 miles.
In operation : Chagrin Falls, O. , to Solon, 0 5 "
Gauge, 3 feet. Rail, 30 Ibs.
BAILEOAD MANUAL OF THE UNITED STATES. 613
This company was organized January 12, 1875, and the portion completed was
opened in November, 1877. No operations reported.
Financial Statement, June 30, 1877.— Capital stock authorized, $1,000,000 ; paid
in, $8,170 ; floating debt, $26,830 — total, $35,000, expended on construction account.
A. WADDELL, President Minerva, 0.
Secretary and Treasurer— H. Beidlar Minerva, O.
PRINCIPAL OFFICE AND ADDRESS Minerva, O.
PAINESYILLE AND YOUNGSTOWN KAILKOAD.
Line of Road. — Painesville, O., to Youngstown, 0 61.80 miles.
Sidings and other tracks, 6.5 miles. Gauge, 3 feet. Rail, 35 to 45 Ibs.
Organized November 17, 1870. Opened 1874. The company having made de-
fault in the interest on its bonds, the road was placed in the hands of a Receiver
February 14, 1877.
Rolling Stock. — Locomotive engines, 7. Cars — passenger, 6 ; express and bag-
gage, 3 ; freight (box, 22 ; coal, 80), 102 ; other, 12— total, 123 cars.
Operations for year ending June 30, 1876 (latest reported). — Trains run, 95,-
662 miles. Passengers carried, 66,960 ; carried one mile, 820,260. Freight moved,
12,398 tons; moved one mile, 289,597 tons. Gross earnings, $46,076.01; operating
expenses, $57,201.98. Balance, deficit, $13,125.97.
Financial Statement, July 1, 1876, (latest furnished). — Capital stock paid in,
$2,000,000 ; funded debt, 1st mortgage 7 per cent, bonds, due November 1, 1902, $993,-
000; 2d mortgage, $250,000; income bonds, $37,295.29; debts and accounts,
$138,020.77. Total stock, bonds and debt, $3,418,316.06. Cost of road, equipment
and accounts, $3,393,066.06.
PAUL WICK, President Youngstown, O.
Receiver — Mile? R. Martin Youngetown, O.
Treasurer — Aaron Wilcox Painesville, O.
Secretary — A. B. Cornell Youngstown, O.
Superintendent — L. F. McAleer Painesville, O.
PRINCIPAL OFFICE AND ADDRESS Youngstown, O.
PAULDING AND CECIL KAILKOAD.
Line of Road. — Paulding, O., to Cecil, O . . . 7 miles.
Sidings, 0.5 mile. Gauge, 4 feet 8| inches. Rail, 50 Ibs.
This company was organized April 5, 1876, and the road opened September, 1877.
Rolling Stock. — Locomotive engine, 1. Cars — passenger, 3 ; freight, 5. No
report is made of operations or financial condition.
G. W. POTTER, Superintendent Paulding, 0.
614 KAILKOAD MANUAL OF THE UNITED STATES.
PITTSBUBG, CINCINNATI AND ST. LOUIS KAILWAY.
Line of Road.— Pittsburg, Pa., to Columbus, 0 192.3 miles.
Branch : Cadiz Junction to Cadiz, 0 8.1 "
Total length of line owned and operated 200.4 miles.
Second track, 15.4. Sidings, 48.6 m. Gauge, 4 ft. 9| in. Rail (steel, 176 m.), 60 and 64 Ibs.
This company was formed May 1, 1868, by the consolidation of the Pittsburg
and Steubenville R. R. Co. of Pennsylvania, chartered March 24, 1849 ; the Holliday's
Cove R. R. Co. of Virginia, chartered March, 1850 ; and the Steubenville and Indiana
R. R. Co., chartered in Ohio, February 4, 1848. The road of the latter 'company was
opened in 1858. The P. and S. R. R. Co. was reorganized, December 28, 1867, under
title of Pan Handle Ry. Co., and the road was opened in 1865. It was leased on com-
pletion to the Pennsylvania R. R. Co., and is operated by the Pennsylvania Company.
That portion of the road between Newark and Columbus, 0., 33 miles, is owned
in common with the Central Ohio Railroad Company.
The P., C. and St. L. Ry. Co. lease the Little Miami R. R. and leased lines, and
the Columbus, Chicago and Indiana Central R. Rs. They are all operated by the
Pennsylvania Co., and their operations are separately stated.
Rolling Stock. — Locomotive engines, 106. Cars — passenger, 36 ; baggage, mail
and express, 27 ; and freight (box, 748 ; stock, 414 ; platform, 298), 1,460 — total
revenue cars, 1,523. Also, 35 caboose and 7 service cars.
Operations for year ending December 31, 1877. — Trains run — passenger, 587,825 ;
freight, 1,841,679 ; and other, 59,027— total, 2,488,531 miles. Passengers carried,
680,082 ; carried [one mile, 28,622,519. Freight moved, 1,722,386 tons ; moved one
mile, 236,678,518 tons.
Earnings.
From Passengers $704,602 88
" Freight 2,191,781 88
" Mail andExpress 189,824 36
Miscellaneous 21,984 14
Expenditures.
For Maintenance of Way $427,420 54
" Rolling Stock 707,580 56
" Transportation, etc 802,401 00
Miscellaneous 85,511 15
$3,108,193 26 $2,022,913 25
Balance — net earnings, $1,085,280.01. Payments from net earnings — interest on
funded debt, $669,790. Rent, Monongahela extension, $37,500; interest on floating
debt, $75,848,05— total, $783,138.05 ; leaves available income, $302,141.96.
Abstract of operations for eight years :
Fiscal Years.
Miles
R.R.
Passen-
gers.
Train
Mileage.
Freight,
• Tons.
Train
Mileage.
Gross
Earnings.
Net
Earnings.
Interest
Paid.
1870
201
437,266
570,594
913,906
1,697,550
$2 821,125
$726,115
*
1871...
201
540,416
662,124
1,236,803
2,085,441
2,316,973
942,895
$669,090
1872
201
606,902
678,467
1,429,115
2,482,091
3,856,649
781,499
673,500
1873
201
652,898
634,525
1,47'2,709
2,312,780
3,841,214
478,298
669,790
1874
201
672,220
6-29,867
1,471,207
2,385,902
3,573,316
996,782
669,790
1875
201
692,847
652,940
1,536,261
2,106,604
3,185,248
743,240
669*790
1876
201
786,903
721,889
1,808,761
2,149,279
3,283,683
895,837
669,790
1877
201
680,082
587,825
1,722,386
1,841,679
3,108,193
1,085,280
669,790
* Not stated.
RAILROAD MANUAL OF THE UNITED STATES.
615
To the surplus from operation, as above, $302,141.96, add net revenue from the
following sources : Chartiers Ry., $42,406.55 ; Cincinnati and Muskingum Valley Ry.,
$25,885.95 ; Little Miami R. R., $431,780.71 ; Columbus, Chicago and Indiana Central
Ry., $455,340.23— the total net income is, $1,257,555.50. From which deduct pay-
ments—to Chartiers Ry. Co., $42,406.55: interest on bonds of C. and M V. Ry.
Co., $105,000; interest and dividends Little Miami R. R. Co., $710,375.62 ; loss in
operating Cincinnati Street Connection Ry., including interest on bonds, $24,710.16 ;
proportion of loss in operating Newport and Cincinnati bridge, $5,131.52; receivers
of C., C. and I. C. Ry. Co., $455,340.23 ; one-half of loss in operating St. L., V. and
T. H. R. R., $46,375.86— total, $1,389,340.14, gives a loss on all lines, for 1877,
$131,784.64 ; loss on all lines, for 1876, $445,954.01 ; improvement in 1877, $314,169.37.
This company having been indebted to the Pennsylvania Co. for advances, rep-
resented by bonds and bills payable, an arrangement has been effected to restore
and cancel $2,500,000 of bonds and $3,272,221.92 of bills payable, making a total of
$5,779,221.92, thus reducing its capital account and indebtedness, and leaving it
without floating debt.
Profit and Loss Account, December 31, 1877.
C., C. and I. C. Ry., prior to Jan. 1, '75. $13,785 79
Bonds of tPn Depot Co., Columbus, O. 37,200 00
G. B. Roberts, Tr., surplus receipts. . . 4,964 02
Central Pacific R. R. Co 21,963 11
Consolidated 2d Mortgage bonds, sur-
rendered by Penn. Co 2,500,000 00
Interest from Oct. 1, 1873, to Jan. 1,
1874, on $5,000,000 87,50000
Acceptances surrendered by Penn. Co. 3,279,221 92
Balance 329,17776
To balance, December 31st, 1876 $6,031,207 23
Little Miami Betterment Account, not
allowed 83,941 86
Little Miami expenses of Richmond
passenger depot, yard, etc., from
April 1st, 1871, to Dec. 31st, 1876. . 26,878 87
Deficiency for year 1877 131 ,784 64
$6,273,812 60
General Balance, December 31 , 1877.
$6,273,812 60
Road, Equipment, etc $19,942,294 81
Stocks and Bonds 403,354 25
Materials and Fuel 158,414 78
Betterments 644,951 72
Current Assets 1,218,155 56
Sundry Accounts 360,237 13
Balance to Debit 329,177 76
Capital Stock $8,437,200 00
Funded Debt 12,508,06099
Deferred Liabilities 1,387,150 93
Current Expenses 372,625 71
Due other Cos 232,828 23
Sundry Accounts 118,720 15
$23,056,586 01
Abstract of financial statement for eight years :
$23,056,586 01
Fiscal
Years.
Stock.
Bonds.
Other
Liabilities.
Total. .
Railroad.
Equip-
ment.
Other
Assets.
Total.
1870
$
5 424 350
$
10 027,990
$
99030
$
15 551,370
$
13,768,374
$
2,386,429
$
$
16,154,804
1871
5424,350
10,004,140
6,389,738
21,818,228
* 18,030,444
2,900,385
20,930,829
1872
8,433,550
10,011,740
5,467,175
23,912,463
15,095,350
3,740,438
3,427,426
22,263,214
1873
8,4a3,750
15,010,586
3,854,873
27,299.208
15,927,907
3,753,438
3,496,277
23,178,622
1874
8,433,750
15,010,361
2,966,748
26,410,859
16,003,306
3,750,577
3,839,343
23,521,788
1875
8,437,300
15,008,061
3,531,802
26,917,163
16,076,605
3,750,946
4,510,511
24,337,061
1876
8,436,600
15,008,061
2,866,873
26,311,534
16,107,384
3,774,621
3,907,044
23,789,049
1877
8437 200
12,508 061
1,387,151
22 332,418
*19,942,295
2,140,162
22,082,457
* Including Equipment.
616
KATLROAD MANUAL OF THE UNITED STATES.
Statement of funded debt in detail, December 31, 1877 :
Interest.
Character of Bonds.
Bonds.
OJ
1
When
Payable.
When Due.
Outstanding.
P., C. and St. L. Ry. Co. Consolidated..
" " " 2d Mortgage....
S and I. R. R. Co. 1st Mortgage
Aug. 1, 1868
April 1, 1873
Jan. 1, 1867
f
7
6
Feb. and Aug.
Apr. and Oct.
Monthly.
Aug. 1, 1900
Apr. 1, 1913
Jan. 1, 1884
$6,222,000
2,500,000
3,000,000
" " " Cons'd. Newark Div.
" " " 2d & 3d M. & Income
April 1, 1864
7
Jan. and July
Jan. 1, 1890
775,000
11.061
In addition to the Little Miami R. R., and the Columbus, Chicago and Indiana
Central Ry., this company also leases the Chartiers, the Cincinnati and Muskingum
Valley Rys., and Pittsburg, Wheeling and Kentucky R. R. The payments under
leases are as follows : Chartiers Ry. Co., net earnings; Little Miami and leased lines,
interest on bonds and 8 per cent, dividends on stock ; Cincinnati and Muskingum Val-
ley Ry., net earnings, but at least sufficient to pay interest on bonds ; P., W. and Ky.
R. R. , net earnings ; C., C. and I. C. Ry., now in hands of Receiver.
The outstanding bonds of these companies, for which the P., C. and St. L. Ry.
Co. is responsible, are as follows :
Character of Bonds.
Date of
Bonds.
1
«
Interest
Payable.
Principal,
When Due.
Am't Au-
thorized.
Am't Out-
standing.
Mortgage Little Miami R. R
May, 1853
fi
May & Nov
May 1883
$1 500 000
$1 491 000
Bonds of City of Cincinnati
May, 1844
6
«< (t
Dec 1880
100000
100000
Old 1st Mtge. B'ds Dayt'n & West'nR. R.
7
Mar. & Sept
Mar. 1881
53,000
Guaranteed "
6
Jan. & July
Jan., 1905
463,000
1st Mtge. Bonds Col. and Xenia R. R. Co.
V
7
Mar. & Sept.
Sept ,1890
32,000
302000
1st " " Cin. St. Connection Ry.
6
Jan. & July
250,000
2d " " " "
6
May & Nov.
::::::":
275,000
It is intended during the current year to change the gauge of this road to 4 feet
9 inches, the same as the Pennsylvania R. R.
Directors (elected March 19, 1878).— Thomas A. Scott, George B. Roberts, J. N.
DuBarry, Strickland Kneass, Wistar Morris, and Henry H. Houston, Philadelphia,
Pa.; Alfred Gaither, Cincinnati, O.; D. S. Gray, Columbus, O. ; J. N. McCullough,
William Thaw, Thomas D. Messier, and W. H. Barnes, Pittsburg, Pa. ; and Robert
Sherrard, Jr., New York City.
THOMAS A. SCOTT, President Philadelphia, Pa.
William Thaw, 2d Vice- President Pittsburg, Pa.
J. N. McCullough, 3d " "
Gen. Manager— D. W. Caldwell Columbus, O.
Gen. Supt.—S. M. Felton, Jr Pittsburg, Pa.
Chief Engineer— XL. J. Becker Columbus, O.
Ticket Agent— W. L. O'Brien
Freight A gent— William Stewart Pittsburg, Pa.
Purch. Agent— William Mullins "
Gen. Bag. Agt. — J. S. Shackelf ord . . Columbus, O.
Asst. Comp.—J. E. Davidson
Auditor— J. W. Renner
Treasurer— M. C. Spencer
Secretary— V. P. Mackie Philadelphia, Pa.
Asst. Secretary— J. C. Conn Pittsburg, Pa.
PRINCIPAL OFFICE AND ADDRESS Penn and Tenth Sts., Pittsburg, Pa.
RAILROAD MANUAL OF THE UNITED STATES.
CHAETIERS RAILWAY.
617
Line of Road.— Mansfield, Pa., to Washington, Pa . . 22.8 miles.
Sidings, etc., 2.92 miles. Gauge, 4 feet 9£ inches. Hail, 56 Ibs.
This company was chartered as the Chartiers Valley R. R. Co., February 7, 1853,
and the road opened in 1856. It was subsequently reorganized under its present title,
and leased January 1, 1872, for 99 years to the Pittsburg, Cincinnati and St. Louis
Ry. Co., by whom it is operated in behalf of the Pennsylvania Co. The lessees pay
over net earnings to the Chartier Ry. Co., and have no liability beyond that amount.
Rolling Stock. — Furnished by lessees.
Operations for year ending December 31, 1877.— Trains run— passenger, 30,208 ;
freight, etc., 20,691 ; total, 50,900 miles. Passengers carried, 113,879; carried one
mile, 1,319,093. Freight moved, 89,714 ; moved one mile, 827,446 tons.
Earnings.
From Passengers $41,793 19
" Freight, etc 35,37395
$77,167 14
Expenditures.
For Maintenance of Way $9,518 63
" Transportation, etc 25,241 86
$34,760 49
Balance — net earnings, $42,406.65. Payments — interest on funded debt, $34,160 ;
other payments, $1,031.71.
Abstract of operations and general account for six years, under lease :
Fiscal
Years.
Miles
R. R.
Passen-
gers.
Freight
Tons.
Gross
Earnings.
Net
Earnings.
Capital
Stock.
Funded
Debt.
Cost of
Construction.
1872...
22 8
$60 436 03
$21 020 20
$638 060 01
$500,000
$1,127,312 66
1873. .
1874. .
1875. .
1876
22.8
22.8
22.8
23.8
107,209
117,594
115,544
119,986
14,548
23,679
38,047
65,097
61,193 09
71,036 27
72,028 98
77,176 08
19,154 93
18,464 50
34,727 90
44,231 67
644,110 01
645,970 01
645,970 01
647,910 01
500,000
500,000
500,000
1.142,856 04
i; 129,991 61
1,129,600 91
1,093,560 69
1877. .
22.8
113,879
89,714
77,167 14
42,406 65
647,980 01
500,000
1,093,560 69
Financial Statement, December 31, 1877. — Capital stock (authorized), $800,000 ;
paid in, $647,910.01 ; funded debt, 1st mortgage 7 per cent, bonds, due October 1,
1901, $500,000 ; floating debt, $840— total stock, bonds and debt, $1,148,820.01. Per
contra: Construction, $1,093,560.69; real estate, etc., $37,442.42 ; other assets, $11,-
752.96 ; balance, $6,063.94— total, $1,148,820.01.
Directors (elected May 7, 1878).— G. B. Roberts, S. M. Felton, Alexander Biddle,
Wistar Morris, Strickland Kneass, and W. J. Howard, Philadelphia, Pa.
G. B. ROBERTS, President Philadelphia, Pa.
Sec. and Treas.—J. ~R. McClure, Philadelphia, Pa. | Gen. Manager— D. W. Caldwell Columbus, O.
Superintendent — S. M. Felton, Jr., Pittsburg, Pa.
PRINCIPAL OFFICE AND ADDRESS. . .(P., C. and St. L. R. R.) Pittsburg, Pa.
PITTSBUKG, FOKT WAYNE AND CHICAGO KAILWAY.
Line of Road.— Pittsburg. Pa., to Chicago, 111 468.39 miles.
Second track, 57.79 m.; sidings, 142.02 m. Gauge, 4 ft. 9£in. Rail (steel, 393.39 m.) 60 Ibs.
618
RAILROAD MANUAL OF THE UNITED STATES.
This company was formed by the consolidation of the Ohio and Pennsylvania R.
R. Co., chartered in Ohio, February 24, 1848, and in Pennsylvania, April 11, 1848 ; the
Ohio and Indiana R. R. Co., chartered in Ohio, March 20, 1850, and in Indiana, Jan-
uary 15, 1851 ; and of the Fort Wayne and Chicago R. R. Co., organized in Indiana,
September 22, 1852, and in Illinois, February 5, 1853. The consolidation was com-
pleted August 1, 1856, and the road opened through its entire length January 1, 1859.
Failing to pay the interest on its funded debt October 1, 1857, a portion of the
coupons were funded ; but the company again made default July 1, 1859, and the
road was placed in the hands of a Receiver, and sold under foreclosure, October 24,
1861. The company was reorganized February 26, 1862, and June 27, 1869, leased all
its railway and property to the Pennsylvania Railroad Company, by which it was
subsequently transferred to the Pennsylvania Company, by which it is now operated,
the lessees paying 7 per cent, on the capital stock and funded debt.
The New Castle and Beaver Valley and the Lawrence R. Rs. are leased by this
company, and are branches of this road, but their operations are separately reported.
Rolling1 Stock. — Locomotive engines, 278. Cars— passenger, 152; baggage,
mail and express, 54 ; and freight (box, 1,872 ; stock, 1,248 ; coal, 2,035), 5,155— total
revenue cars, 5,361. Also, 127 service cars.
Operations for year ending December 31, 1877. — Trains run— passenger, 1,501,-
395, freight and other, 4,596,202— total, 6,097,597 miles. Passengers carried, 2,096,-
131 ; carried one mile, 76,466,488. Freight moved, 2,690,735 tons ; moved one mile,
439,998,281 tons.
Earnings.
From Passengers $1,779,498 37
" Freight, etc 4,790,424 10
" Mail and Express 245,709 51
Miscellaneous 113,224 13
Expenditures.
For Maintenance of Way $904,121 22
" Rolling Stock 1,495,355 14
" Transportation 1,364,418 15
Miscellaneous 300,503 83
$6,928,856 11 1 $4,0&4,398 34
Balance — net earnings, $2,864,457.77. Included in operating expenses are taxes.
Profit from operations of N. C. and B. V. R. R., $67,021.42 ; ditto Lawrence R. R.,
$24,667.48— total net income, $2,956,146.67. Rental received from lessees, $2,847,-
732.55. Payments from rental — interest on funded debt, $955,700. Dividends (7
per cent.), common stock, $1,380,000; guaranteed special, $377,753.25— total, $1,757,-
753.25. Sinking fund, $104,100. Other payments from income, $30,179.30. Total
payments, $2,847,732.55, being amount of rental. Balance, surplus of net earnings,
to Pennsylvania Co., $108,414.12.
Abstract of operations for ten years :
Fiscal
Years.
Train
Mileage.
Passsen-
gers.
Freight,
Tons.
Gross
Earnings.
Operating
Expenses.
Net
Earnings.
Dividends.
p.c.
1868...
5420499
1 411 671
1 509052
$
8 041 180 70
8
5 002 110 60
1
3 079 070 10
*
1 210 236 79
10
1869
5 253 584
1 727 633
1 659 791
8 131 531 42
5 398 374 28
2 733 157 14
1 273 145 28
9^
1870
5,381,430
1,916,129
1,740,584
7,863,573 80
4,739 942 61
3 123 631 19
1 '487' 929 34
7
1871
6,508 725
1 985 732
2 047 114
8 393 973 86
4 347 329 55
4 046 644 31
1 419,504 66
1872
7,313,148
2 106 251
2 408,162
9,780,310 35
5,272 746 05
4 507 464 30
1,506,000 00
7
1873
7,107 097
2 107 268
2 316 568
9 619 074 36
6 097 041 99
3 522 032 37
1 567,740 00
7
1874
6.861 969
2253542
2,299,120
8,599,472 46
5,055 330 27
3 544 142 19
1 667,000 00
7
1875...
7,102,517
2,235,844
2,496,148
7,863,664 28
4,585,265 83
3 278 398 45
1,667,000 00
7
1876
7,678 888
2 201 227
2 629,607
7,853 848 96
4 787 161 37
3 066 687 49
1,718,082 50
7
1877
6,097,597
2,096,131
2,690,735
6,928,856 11
4,064,398 34
2,864 457 77
1,757,753 25
7
EAILBOAD MANUAL OF THE UNITED STATES.
619
General Balance, December 30, 1877.
Construction Account, Cost of Rolling
Stock, Real Estate and Buildings . $38,728,585 71
Capital Stock Common $19,714,285 71
" " Guaranteed Special.... 5,504,30000
Funded Debt 13,510,000 00
$38,728,585 71
Abstract of financial condition for six years :
$38,728,585 71
Miles
R. R.
Engines.
Cars.
Capital Stock.
Funded Debt.
Cost of
Construction, etc.
1872 468.30 243 5,223 $22,214,28571 $13,621,000 $35,835,28571
1873... .... 468.30 269 5,342 23,814,28571 13,554,000 37,368,28571
1874.. 468.39 278 5,345 23,814,28571 13,535,000 37,349,28571
1875... 468.39 278 5,345 23,814,28571 13,535,000 37,349,28571
1876... 468.39 278 5,363 24,787,28571 13,510,000 38,297,285 71
1877 468.39 278 5,361 25,218,58571 13,510,000 38,728,58571
Statement of funded debt in detail, December 31, 1877 :
Character of Bonds. ^ Interest Payable> Principal Art tOut-
1st Mortgage.., Mar. 1, 1862. 7 Jan. and July. 1912 $5,250,000
2d " " " " 7 " " " " 5,160,000
3d " " " " 7 April and Oct. " 2,000,000
Equipment "17,1874. 8 March and Sept. 1884 1,000,000
P., Ft. W. and C.Ry. Co., Construction. Jan. 1, 1857. 7 Jan. and July. 1887 100,000
Directors (elected one fourth each year, in May). — George W. Cass, J. N. Mc-
Cullough, Pittsburg, Pa. ; T. A. Scott, J. N. Hutchinson, Philadelphia, Pa. ; Wil-
liam B. Ogden, Chicago, 111. ; J. F. D. Lanier, Louis H. Meyer and S. J. Tilden, New
York City; Kent Jarvis, Massillon, 0. ; R. R. Springer, Cincinnati, O. ; John Sherman,
Mansfield, O. ; Pliny Hoagland and Jesse L. Williams, Fort Wayne, Ind.
GEORGE W. CASS, President New York City.
General Manager— J. D. Layng Pittsburg, Pa. | Sec. and Treas.—F, M. Hutchinson. .Pittsburg, Pa.
For lessee's officers see Pennsylvania Company.
PRINCIPAL OFFICE AND ADDRESS Pittsburg, Pa.
NEW CASTLE AND BEAYER VALLEY KAILKOAD.
Line of Road.— Home wood, Pa., to New Castle, Pa 14.97 miles.
Sidings, etc., 5.126 miles. Gauge, 4 feet 9i inches. Rail, 60 Ibs.
This company was chartered March 13, 1856, and the road opened in 1860. It
lies wholly in Pennsylvania, but is operated as a branch, being leased for 99 years to
the Pittsburg, Fort Wayne and Chicago Ry. Co., and is operated under that lease by
the Pennsylvania Company.
Rolling Stock.— Furnished by lessees.
620
KAILROAD MANUAL OF THE UNITED STATES.
Operations for year ending December 31, 1877. — Trains run — passenger, 33,006 ;
and freight, 172,960 — total, 204,966 miles. Passengers carried, 120,684 ; carried one
mile, 1,178,921. Freiglit moved, 858,867 tons ; carried one mile, 9,457,875 tons.
Earnings.
From Passengers $48,179 92
" Freight 241,87153
" Mail, Express, etc 6,221 18
Expenditures.
For Maintenance of Way $25,788 C9
" Rolling Stock 35,69481
" Transportation, etc 49,25868
$296,272 63 $110,742 18
Balance — net earnings, $185,530.45. The lessees operate the road for 40 per cent,
of gross earnings, amounting for the year to $118,509.03, which was paid to the
R. R. Co. as rental. Payments by the R. R. Co. — dividend (14 per cent.), $98,000 ;
other payments, $10.577.20. Balance— surplus for year, $9,931.83.
Abstract of operations for six years :
Fiscal
Years.
Miles
R. R.
Passen-
gers.
Mileage.
Freight,
Tons.
Mileage.
Gross
Earnings.
Net
Earnings.
Divi-
dends.
p. c.
1872...
14.97
165,266
*21,197
628,352
*143,783
$339,470 66
$223,909 72
$78,000
13
1873
14.97
171,711
1,699,520
647,273
7,422,480
349,271 26
189,694 18
60,000
10
1874
14.97
161,948
1,627,211
669,644
7,754,091
353,073 18
223,212 98
6(1,000
10
1875
14.97
146,205
1,468,872
815,673
9,518,698
356,464 12
219.534 73
84,000
14
1876
14.97
131,491
1,328,873
790,980
8,874,630
306,597 36
174,049 75
88,500
13
1877
14.97
120,684
1,178,921
858,867
9,457,875
296,272 63
185,530 45
^98,000
14
* Train Mileage.
Financial Statement, December 31, 1877.— Capital stock, $605,000. The funded
debt was retired during the year 1874. Per contra : Cost of road and appurtenances,
$828,120.29.
Directors (elected January 8, 1878). — A. L. Crawford, William Patterson, R. W.
Cunningham and G. W. Crawford, New Castle, Pa, ; William L. Scott, Erie, Pa. ; J.
D. Layng and William Harbaugh, Pittsburg, Pa. .
A. L. CRAWFORD, President ' New Castle, Pa.
Gen. Manager — J. D. Layng Pittsburg, Pa. | Sec. and Treas. — J. A. Crawford. . .New Castle, Pa.
PRINCIPAL OFFICE AND ADDRESS New Castle, Pa.
EOCKY EIVER EAILEOAD.
Line of Road. — Cleveland, 0., to Rocky River, 0 5.53 miles.
Sidings and other tracks, 0.36 mile. Gauge, 4 feet 8 inches. Rail, 30 Ibs.
Organized February 20, 1867. Road opened 1868.
Boiling Stock. — Locomotive engines, 3. Cars — passenger, 6 ; other, 2.
Operations for year ending June 30, 1877. — Trains run, 34,122 miles. Passengers
carried, 103,762 ; carried one mile, 578,880. Gross earnings, $10,376.07; operating
expenses, $7,379.57 ; net earnings, $2,996.56.
Payments— interest on bonds, $2.306.89. Construction, $63.75— total, $3,370.64.
Financial Statement, June 30, 1877.— Capital stock, $75,862.75 ; funded debt,
BAILROAD MANUAL OF THE UNITED STATES. 621
),000 ; floating debt, $7,200 ; profit and loss, $20,038.10— total, $133,100.85. Per
contra : Construction and equipment, $131,250.17 ; cash on hand, 1,850.68.
The funded debt consists of 1st mortgage 7 per cent, bonds, due October 1, 1878.
ELIAS SIMS, President and Treasurer Cleveland, O.
Sec. and Treas.—W. J. Starkweather. Cleveland, O. | Superintendent— G. G. Mulhern Cleveland, O.
PRINCIPAL OFFICE AND ADDRESS Cleveland, O.
SCIOTO VALLEY KAILEOAD.
Line of Road. — Columbus, 0., to Portsmouth, 0 100 miles.
Sidings, etc., 1.74 mile. Gauge, 4 feet 9£ inches. Rail, 50 to 56 Ibs.
This company was organized February 24, 1875, and the road opened from Co-
lumbus to Chillicothe in July, 1876, and to Portsmouth January, 1878. The section
from Columbus to Chillicothe, 50 miles, was turned over to company March 5, 1877.
Boiling1 Stock. — Locomotive engines, 4. Cars — passenger, 10; parlor, 2; bag-
gage, etc., 5; freight, 59; service, 32.
Operations, from March 5, 1877, to March 31, 1878 (50 miles) :
Earnings.
From Passengers $73,701,59
" Freight, etc 88,619 73
$162,321 32
Expenditures.
Operating Expenses $85,479 15
NetEaruings 76,84217
$162 321 32
Payments ' from net earnings — interest on funded debt, $39,137.79. Balance,
surplus, $37,704.38. The gross earnings for April, 1878, were $20,788.22.
Financial Statement, March 31, 1878.— Capital stock authorized, $2,000,000
funded debt, 1st mortgage 7 per cent, bonds, due January 1, 1896, outstanding, $1,250,-
000 ; reserved,, $50,000. The issue of bonds is limited to $13,000 per mile, or $1,300,-
000 in all. A sinking fund of 1 per cent, per annum is provided, commencing Jan-
uary 1, 1879. Bonds, coupon or registered, and interest payable in New York Jan-
uary and July 1. Cost of construction and equipment not reported.
Directors (elected, 1877). — E. T. Mithoff, F. C. Sessions, Wm. Moneypeny, W.
A. Platt, Columbus, 0 ; Geo. Davis, M. Boggs, John G. Peebles, Portsmouth, O. ; Wm.
Brigham, Chillicothe, O ; S. A. Fuller, Cleveland, O. ; H. Toland, London, 0.
E. T. MITHOFF, President Columbus, O.
Wm. Moneypeny, Vice-President
Gen. Manager— G. D. Chapman Columbus, O. Treas.—F. C. Sessions Columbus, O.
Superintendent — J. B. Peters..
Sec. and Auditor— J. P. Curry
Financial Agents — Winslow, Lanier & Co New York City.
PRINCIPAL OFFICE AND ADDRESS. Columbus, 0.
622 EAILEOAD MANUAL OF THE UNITED STATES.
SPKINGFIELD, JACKSON AND POMEKOY KAILKOAD.
(In Progress.)
Line of Road. — Springfield, O., to Pomeroy, 0 140 m.
In operation: Jackson to Waverly, 25 m. Springfield to St. Charles, 13 m — 38 "
Sidings, 1 mile. Gauge, 3 feet. Rail, 30 Ibs.
Organized December 17, 1874; opened, 1877.
Rolling Stock and Operations. — Not reported.
Financial Statement, June 30, 1877.— Capital stock authorized, $2,000,000; paid
in, $395,295; funded debt, 1st mortgage 7 per cent, bonds, due January 1, 1899,
$9,900 ; floating debt, $83,437.95— total stock, bonds and debt, $488,632.95 ; which
has been expended on construction account.
Directors (elected January 1, 1878). — James Emmitt, Waverly, O. ; James Pur.sell,
Washington, O.; G. H. Frey, E. G. Dial, Springfield, 0.; W. W. Bell, Greenfield
0. ; R. K. Seymour, Bainbridge, O. ; H. L. Chapman, Jackson, O.
JAMES EMMITT, President Waverly, O.
Secretary— Or. A. Barnes Waverly, O. | Chief Engineer— -W. C. Agnew Waverly, O.
PRINCIPAL OFFICE AND ADDRESS Waverly, 0.
TOLEDO AND GEAND EAPIDS KAILKOAD. (In Progress.)
Line of Road. — Toledo, O., to Grand Rapids, O 24 miles.
Organized March 28,1874, and 10 miles of road graded.
Financial Statement, June 30, 1877. — Capital stock authorized, $200,000 ; paid
in, $31,000 ; floating debt, $17,000— total, $48,000 ; paid for construction, $65,500.
D. W. H. HOWARD, President Wauseon, O.
Treasurer- -S. Smith Toledo, O. | Engineer— O. E. M. Howard Toledo, O.
Secretary — Geo. Laskey Grand Eapids, O.
PRINCIPAL OFFICE AND ADDRESS South Toledo, O.
TOLEDO AND MAUMEE (N. G.) KAILKOAD. (In Progress.)
Line of Road.— Toledo, 0. , to Van Wert, 0 88 miles.
In operation : Toledo, O., to Maurnee, 0 8 "
Organized May 16, 1873. Sidings, 0.5 mile. Gauge, 3 feet. Rail, 25 Ibs.
Rolling1 Stock. — Locomotive engines, 2. Cars — passenger, 1 ; freight, etc., 5.
Operations for year ending June 30, 1877. — Trains run, 32,400 miles. Passen-
gers carried, 62,491. Freight moved, 889 tons. Gross earnings, $9,024.25 ; operating
expenses, $7,937.53 ; net earnings, $1,086.72. Disposition of net earnings not reported.
Financial Statement, June 30, 1877. — Capital stock authorized, $125,000 ; paid
in, $41,200 ; floating debt, $18,682— total, $59,882, representing cost of road, etc.
C. C. KEYSER, President Miami, O.
Superintendent— Win. Taylor Toledo, O. | Secretary— Samuel Smith Perrysburg, O.
PRINCIPAL OFFICE AND ADDRESS Toledo, O.
RAILROAD MANUAL OF THE UNITED STATES. 623
TOLEDO AND WOODYILLE KAILKOAD.
Line of Road.— Toledo, 0., to Woodville, 0 18.67 miles.
Sidings, etc., 2.065 miles. Gauge, 4 feet 9£ inches. Rail, 52 Ibs.
This road is owned by the City of Toledo, and is operated under a temporary ar-
rangement by the Pennsylvania Company, in connection with the Northwestern O. Ry
Rolling Stock. — Furnished by Pennsylvania Company.
Operations for year ending December 31, 1877. — Trains run, 59,112 miles. Pas-
sengers carried, 29,589. Freight moved, 116,768. Earnings [from passengers, $11,-
548.27; freight, etc., $46,635.59— total, $58,183.86. Operating expenses, $71,713.11 ;
deficit, $13.529.25. Paid for cost of equipment, $5,092.26.
Officers. — Same as Pennsylvania Company.
PRINCIPAL OFFICE AND ADDRESS Toledo, O.
VALLEY KAILWAY. (In Progress.)
Line of Road. — Cleveland, 0., to Martin's Ferry, 0 130 miles.
Organized August 21, Ib71. Graded between Cleveland and Canton, 56 miles.
Financial Statement, July, 1877.— Capital stock paid in, $739,716.61 ; floating
debt, $186,357— total, $926,073.61. Expended on construction, $892,091.71.
DAVID L. KING, President Akron, 0.
Treasurer— S. T. Everett Cleveland, O. I Sec. and Auditor— L. T>. Clarke Cleveland, O.
Chief Engineer— P. H. Dudley Cleveland, O.
PRINCIPAL OFFICE AND ADDRESS Cleveland, 0.
WHEELING AND LAKE ERIE EAILEOAD. (In Progress.)
Line of Road.— Wheeling, W. Va. (via Lodi, O.), to Toledo, 0 198 miles.
In operation : Huron, O., to Norwalk, 0 16 "
Sidings, 1 mile. Gauge, 3 feet. Rail, 35 Ibs. Organized October 9, 1873.
Financial Statement, December 31, 1877.— Capital stock paid in, $375,000;
funded debt authorized, $10,000 per mile. Expended on road to date, $505,000.
J. "W. WICKHAM, President Huron, 0.
Treasurer— D. A. Baker Norwalk, O. | Secretary— F. G. Lockwood Milan, O.
Superintendent— Hugh McKee Norwalk, O.
PRINCIPAL OFFICE AND ADDRESS Norwalk, 0.
624
KAILKOAD MANUAL OF THE UNITED STATES.
STA.TE OF !MICHia.A.:N\
Area, 56,451 square miles. Population, 1,429,771. Assessed valuation, $630,000,000.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Tracks.
Length of Lines.
Total.
Mich.
1. Chicago and Canada Southern
Ft. In.
4 :8^
4 :8#
4 :8J*
4 :8X
4 :8X
4 :8X
4 :8#
4 :8X
4 :8%
4 :8^
4 :8#
4 :8X
4 :8#
4 :8#
4 :8X
4 :9X
4 :8X
4 :8tf
4 :1
4 :8K
4 :8#
4 :8^
4 :8#
4 : 8X
4 :8X
4 :8#
4 : &%'
4 :8X
4 : 8X
4 :8^
4 :8#
4:S#
4:8#
3:
4 :8X
4 :8#
4 :8^
4 : 8#
3 :
4:8#
M.
67.60
59.37
232.00
245.60
49.00
1,137.00
20.00
131.25
64.80
181.50
191.65
62.29
283.78
100.00
13.00
332.10
46.00
82.40
4.50
233.60
58.00
40.00
36.68
7.00
1,024.71
19.50
88.52
26.00
114.52
20.80
270.00
57.50
15.00
12.50
61.14
4.00
28.70
54.50
9.00
26.00
M.
63.10
59.37
174.00
245.60
49.00
172.45
20.00
131.25
64.80
181.50
191.65
54.68
283.78
46.00
13.00
280,50
40.00
82.40
4.50
233.60
58.00
40.00
36.68
7.00
192.63
19.50
88.52
26.00
108.90
20.80
221.00
57.50
15.00
12.50
61.14
4.00
28.70
47.36
9.00
26.00
2. Chicago, Detroit and Canada Grand Junc'n. . . .
3 Chicago and Lake Huron
4 Chicago and Michigan Lake Shore
5. Chicago and Northeastern (C. and Lake Huron'
6. Chicago and Northwestern [111.
7. Chicago Saginaw and Canada
8 Detroit and Bay City
9. Detroit, Hillsdale and Southwestern
10. Detroit, Lansing and Northern
11. Detroit and Milwaukee :
12. Detroit, Monroe & Toledo (L. S. andM. S'n.).[0.
13. Flint and Pere Marquette
14. Fort Wayne, Jackson and Saginaw
15. Glencoe, Piuconning and Lake Shore
16. Grand Rapids and Indiana (Pennsylvania Co.).
17. Grand Rapids, Neway go and Lake Shore
18. Grand River Valley (Michigan Central)
19. Hecla and Torch Lake
20. Jackson, Lansing and Saginaw (Mich. Cen.). . .
21. Kalamazoo, Allegan & G. Rapids (L. S. & M. S.).
22. Kalamazoo and South Haven (Michigan Cen.). .
23. Kalamazoo and White Pigeon (L. S. & M. S.). .
24. Lake George and Muskegon River
25. Lake Shore and Michigan Southern. . . ...[Ohio
26. Mansfield, Coldwater & L. M. (G. Rapids & Ind.)
27. Marquette, Houghton and Ontonagon
28. Menommee River (Chicago and Northwn).[Ill.
29. Michigan Air-Line (Michigan Central)
30. Michigan Air-Line (Railway)
31. Michigan Central
32. Michigan Lake Shore
33. Michigan Midland and Canada
34. Mineral Range
35. Northern Central Michigan (L. S. & Mich. S'n.)
36. Paw-Paw
37. Saginaw Valley and St. Louis
38. Toledo, Canada Southern and Detroit
39. Toledo and South Haven
40. Traverse City (Grand Rapids and Indiana)
Total Length. .
5.339.70
3,477.41
BAILED AD MANUAL OF THE UNITED STATES.
CHICAGO AND CANADA SOUTHERN RAILWAY.
(In Progress.)
625
Line of Road. — Detroit River, Mich., to Chicago, 111 250 miles.
In operation : Grosse Isle, Mich., to Fayette, Ohio 67.6 "
Sidings, 4.7 miles. Gauge, 4 ft. S^-in. Rail (45.6 miles steel, 26.7 miles iron), 60 Ibs.
This road is intended for the western extension of the Canada Southern Railway.
Rolling Stock. — Locomotive engines, 17. Cars — passenger, 1 ; freight (box, 35 ;
platform, 297), 332 — total revenue cars, 243 ; also, 4 service cars.
Operations for year ending December 31, 1877. — Trains run — passenger, 55,950 ;
freight, 47,582 — total, 103,532 miles. Passengers carried, 20,382; carried one mile,
642,579 ; freight moved, 58,881 tons; moved one mile, 1,851,216.
Earnings.
From Passengers $16,709 97
" Freight,etc 42,65999
$59,369 96
Expenditures.
For Maintenance of Way $28,325 48
" Transportation, etc 53,009 11
$81,334 59
Balance—deficit, $21,964.63.
Financial Statement, December 31, 1877.— Capital stock authorized, $10,000,000;
paid in, $2,667,400 ; funded debt, $2,571,350 ; floating debt, $20,367.55 ; past due cou-
pons, $807,660— total, $6,066,777.55. The funded debt consists of 1st mortgage
sinking-fund bonds, dated April 1, 1872, payable April 1, 1902, bearing 7 per cent,
interest (gold) per annum, payable April 1 and October 1, with privilege of exchang-
ing into a sterling bond. Estimated cost of road and equipment, $14,000,000. Cost
to date, $4,794,700.97. Stocks and bonds owned, $225,000 ; accounts rceivable, $193,-
044.74; other accounts, $854,031.84.
Directors (elected June, 1877). — A. J. Aiken, Elisha Atkins, J. W. Converse,
Boston, Mass. ; Sidney Dillon, David Dows, Charles F. Lanier, A. L. Pritchard, W. B.
Leonard, and E. A. Wickes, New York City.
SIDNEY DILLON, President New York City.
J. W. Converse, Vice-President Boston, Mass.
Sec. and Treas.—B. F. Ham New York City. | Gen. Manager— W. K. Muir St. Thomas, Can.
PRINCIPAL OFFICE AND ADDRESS Grosse Isle, Mich.
Transfer Office 23 Nassau Street, Yew York City.
CHICAGO, DETKOIT AND CANADA GEAND JUNCTION
RAILROAD.
Line of Road. — Port Huron, Mich., to Detroit, Mich 59.37 miles.
Sidings, etc., 12.89 miles. Gauge, 4 ft. 8i in. Rail, 60. Steel rails, 60.13 miles.
Opened 1859. Leased and operated by Grand Trunk Railway of Canada.
40
626 EAILROAD MANUAL OF THE UNITED STATES.
Rolling Stock.— Locomotive engines, 19. Cars— passenger, 17 ; baggage, mail
and express, 4 ; freight (box, 66 ; platform and flat, 15), 81— total revenue cars, 102.
Operations for year ending December 31, 1877.— Trains run— passenger, 154,-
405 ; freight, 360,815 ; and other, 38,655— total, 553,875 miles. Passengers carried,
162,237 ; carried one mile, 7,625,139. Freight moved, 834,827 tons.
Earnings.
From Passengers $150,894 48
" Freight 288,57574
" Mail, Express, etc 13,944 13
$453,414 35
Expenditures.
For Maintenance of Way $37,648 59
" Rolling Stock 237,656 66
" Transportation, etc 141,749 53
$417,054 78
Balance — net earnings, $36,359.57. Payments for interest on bonds, $109,500.
Deficiency furnished by the Grand Trunk Railway Company, $73,140.43.
Financial Statement, December 31, 1877. — Capital stock subscribed, $1,095,000;
paid in, $978,984.67. Funded debt, 1st mortgage 6 per cent, bonds, $1,095,000.
Total cost of road and equipment, $2,073,984.67.
Directors (elected 1877). — Jas. Ferrier, Chas. J. Brydges, J. Hickson and Geo.
Stephen, Montreal, Canada ; and S. G. Ward, New York City.
JAMES FERRIER, President Montreal, Can.
C. J. Brydges, Vice- President " "
Secretary— Joseph Hickson Montreal.
Treasurer— S. G. Ward New York City.
General Manager— 3. Hickson Montreal.
General Superintendent— W . J. Spicer. . .Montreal.
Div. Superintendent— H. Morse. Port Huron, Mich..
Solicitor & Att'y—E. W. Meddaugh. Detroit, Mich.
PRINCIPAL OFFICE AND ADDRESS Montreal, Can.
CHICAGO AND LAKE HURON EAILEOAD.
Line of Road. — Chicago, 111., to Port Huron, Mich 329 miles-
Sidings, etc., 9 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
This company was formed August 15, 1873, by the consolidation of the Peninsu-
lar R. R. Co., organized October 13, 1865, and the Port Huron and Lake Michigan R.
R. Co., chartered January 30, 1847. The portion from Lansing to Valparaiso was
opened October 13, 1873, and from Port Huron to Flint in December, 1871. The sec-
tion between Flint and Lansing, 49 miles, was built by the Chicago and North
Eastern R. R. Co., January 10, 1877, and is operated under agreement. From Val-
paraiso, Ind., to Chicago, 44 miles, the company use, under lease, the line of the
Pittsburg, Fort Wayne and Chicago Ry. Co., making the length of the line owned by
the company 232 miles. The C. and L. H. R. R. was placed in the hands of a
Receiver in 1874, and has since been operated by him.
Rolling Stock. — Locomotive engines, 10. Cars — passenger, 9 ; baggage, mail and
express, 4 ; and freight (box, 50 ; stock, 10 ; platform, 139), 199 — total revenue cars,
212. Also, 6 service cars.
Operations for year ending December 31, 1877. — Trains run — passenger, 240,000 ;
freight and other, 638,518 — total, 878,118 miles. Passengers carried, 192,087 ; carried
one mile, 5,498,533. Freight moved, 291,113 ; moved one mile, 42,181,437 tons.
RAILROAD MANUAL OF THE UNITED STATES.
627
Earnings.
From Passengers $140,278 39
" Freight 422,082 47
" Mail, Express, etc 21,043 20
$583,367 06
Balance— deficit, $208,097.01.
Expenditures.
For Maintenance of Way $140,278 47
" Boiling Stock 90,73935
" Transportation, etc 560,446 25
$791,464 07
General Balance, December 31, 1877.
Construction Account $12,785,231 49
Materials, etc
Current Accounts
Coupons, P. H. and L. M. R. R
41,739 86
803,901 69
378,000 00
$14,008,873 04
Capital Stock paid in $5,775,000 00
FundedDebt 5,518,00000
Sundry Accounts 873,395 28
Other Liabilities 1,842,477 76
$14,008,873 04
Description of bonds issued and outstanding, December 31, 1877 :
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal,
When Due.
Amount
Authorized.
Amount
Outstanding.
1st Mortgage, Pen. Div.
1st " C. & L. R.R.
2d "
May, 1869
May, 1870
Feb
7
7
7
May and Nov.
M "
Aug. and Feb.
1889
1900
1881
$3,600,000
2,000,000
540,000
$3,600,000
1,000,000
540,000
Directors (elected 1874). — Edgar White, Port Huron, Mich.; Charles Palmer,
Imlay City, Mich.; Wm. Hamilton, Flint, Mich.; Elisha Shepard, Charlotte, Mich.;
E. C. Nichols and J. M. Ward, Battle Creek, Mich.; S. T. Reed, Cassopolis, Mich.;
W. S. Shepard, Albany, N. Y. ; and W. D. Judson, New York City.
C. B. PECK, Receiver Port Huron, Mich.
EDGAR WHITE, President " "
Treasurer — Wm. Hamilton Flint, Mich.
Secretary— E. B. Taylor Port Huron,
Supt. E. Div.—H.. Funnell "
" W. Div.—F. L. Clark Flint,
Auditor— W. C. Ransom Port Huron,
Chief Engineer— Chas. Palmer.. .Imlay City,
Road Master— -Wm. Taylor Port Huron, Mich.
Master Mechanic — G. W. Prescott, "
Mast. Car. Bep.—T. J. Dunn...
Gen. Ticket Agent— -W. Bonner.
Purch. Agent— 3. H. Andrews.. " "
PRINCIPAL OFFICE AND ADDRESS Port Huron, Mich.
CHICAGO AND NOBTHEASTEBN EAILKOAD.
Line of Road. — Flint, Mich., to Lansing, Mich 49 miles-
Completed January 10, 1877, and operated in connection with the Chicago and
Lake Huron R. R. No statement of operations or financial condition furnished.
JAMES M. TURNER, President Lansing, Mich.
Secretary and Treasurer— W. K. Bowes Michigan City, Mich.
PRINCIPAL OFFICE AND ADDRESS Lansing, Mich.
628
RAILROAD MANUAL OF THE UNITED STATES.
CHICAGO AND MICHIGAN LAKE SHOEE KAILKOAD.
Line of Road. — New Buffalo, Micli., to Pentwater, Mich 170.0 miles.
Branches :
j Holland, Mich., to Grand Rapids, Mich 24.4
( Muskegon, Mich., to Big Rapids, Mich 51. %
Total length of railroad owned and operated by company 245.6 miles.
Sidings, etc., 28.1 m. Gauge, 4 ft. 81 in. Rail, 45 to GOJbs. Steel rails, 27.62 m.
This company was organized April 24, 1869, and the road opened in 1872. In
July, 1873, default was made of the interest of the funded debt, and on the llth of
November, 1876, the road was placed in the hands of a Receiver.
Rolling Stock. — Locomotive engines, 26. Cars — passenger, 12 ; baggage, mail
and express, 9 ; freight (box, 146 ; platform, 441), 587 — total revenue cars, 608. Also,
9 service cars.
Operations for year ending December 31, 1877. — Trains run, 387,356 miles. Pas-
sengers carried, 205,294. Freight moved, 197,637 tons.
Earnings.
From Passengers $171,124 07
" Freight 287,635 59
" Mail, Express, etc 30,02459
$488,784 25
Expenditures.
For Maintenance of Way $179,829 38
" Rolling Stock 33,22140
" Transportation, etc 194,825 73
$407,876 51
Balance — net earnings, $80,907.74. Payments — interest on 1st mortgage bonds
of 1889, $38,160 ; improvement account, $35,090.57.
Abstract of operations, earnings, etc. , for five years :
En-
gines.
Cars.
Train
Miles.
Passen-
gers.
Freight,
Tons.
Gross
Earnings.
Net
Earnings.
Capital
Stock.
Funded
Debt.
Construc-
tion, etc.
1872.
1873.
1874.
1875.
1876.
1877.
25
25
25
25
26
26
631
631
629
611
608
608
482,640
1,114,898
568,579
493,860
404,884
387,356
137,113
187,254
213,811
249,378
223,710
197,637
$502,933 44
652,630 71
683,445 74
622,454 77
566,816 31
488,784 25
$227,525 39
242,503 56
146,602 30
69,908 29
79,167 53
80,907 74
$1,683,000
1,683,000
1,511,168
1,514,668
1,514,668
1,514,668
$6,675.000
6,675,000
6,630,000
6,630,000
6,630,000
6,630,000
$8,658,000
8,658,000
7,014,683
7,067,368
7,074,959
7,110,593
285,077
289,790
285,077
240,726
205,294
General Balance, December 31, 1877.
Construction Account $7,110,049 93
Materials 33,907 73
Cash, etc 79,11281
Sundry Accounts 613,935 26
ProfitandLoss 2,916,62614
$10,753,631 87
Statement of funded debt in detail :
Capital Stock $1,514,667 80
Funded Debt 6,630,000 00
Bills Payable 141,714 90
Unpaid Coupons 1,723,800 00
Sundry Accounts 753,459 17
$10,753,631 87
Character of Bonds.
Date of
Bonds.
Rate
p. c.
Interest
Payable.
Principal
Payable.
Authorized.
Issued.
"First Mortsr acre Bonds. . .
Sept. 1, 1869.
8
Mar. and Sept.
Sept. 1, 1889.
$500.000
$477,000
" " " ....
July 1, 1870.
8
July and Jan.
July 1, 1890.
3,500,000
3,523,000
n « <(
Nov. 1, 1871.
8
Nov. and May.
Nov. 1, 1869.
1,350,000
1,350,000
ti " "
Sept. 1, 1872.
8
Mar. and Sept.
Sept. 1, 1890.
1,325,000
1,380,000
EAILEOAD MANUAL OF THE UNITED STATES.
629
These bonds were issued at the rate of $16,000 per mile as the road was com-
pleted. The interest on the 1st issue, due 1889, is paid by order of Court.
Directors (elected February, 1877).— C. F. Adams, Jr., H. H. Hunnewell, N.
Thayer, Jr., J. H. Blake, Alpheus Hardy, Nathaniel Thayer, Geo. O. Shattuck and
Chas. Merriam, Boston ; and Jas. F. Joy, Detroit, Mich.
NATHANIEL THAYER, President Boston, Mass.
George C. Kimball, Receiver Grand Rapids, Mich.
Gen. Manager— G. C. Kimball. Grand Rapids, Mich. | Treas. and Sec.—Ch&s. Merriam Boston, Mass.
Assistant Superintendent— C. M. Lawler St. Joseph, Mich.
PRINCIPAL OFFICE AND ADDRESS Muskegon, Mich.
CHICAGO, SAGINAW AND CANADA RAILKOAD.
Line of Koad.— St. Louis, Mich., to Cedar Lake, Mich 20 miles.
Sidings, 1 mile. Gauge, 4 feet 8i inches. Rail, 56 Ibs. Organized January 4, 1873 ;
road opened December 1, 1875.
Rolling Stock. — Locomotive engines, 2 ; cars, 21.
Operations year ending December 31, 1876 (latest received). — Trains run, 25,040
miles. Passengers carried, 8,869. Freight moved, 3,015 tons. Gross earnings,
$10,361.40; operating expenses, $13,269.07; deficit, $2,907.67. The road was put
into the hands of a Receiver November 20, 1876, and all later information is refused.
Financial Statement, December 31, 1876.— Capital stock authorized, $4,200,000;
paid in, $286,000 ; funded debt, $195,000 ; other liabilities, $460,000— total, $931,000.
Cost of road to date, $485,000.
Statement of funded debt in detail :
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal,
When Due.
Amount
Authorized.
Amount
Outstand'g.
1st Mortgage
May 21 1873
7 cold
May and Nov
1903
$4,200,000
$195,000
All other information refused. It is understood that the company have defaulted
on the interest of the funded debt.
E. L. CRAW, President » East Saginaw, Mich.
Receiver— D. D. Envin St. Louis, Mich. | Lessee and Man.—J. A. Elwell — St. Louis, Mich.
PRINCIPAL OFFICE AND ADDRESS St. Louis, Mich.
DETEOIT AND BAY CITY RAILROAD.
Line of Road.— Detroit, Mich., to Bay City, Mich 109.80 miles.
Branches : -
(Lapeer, Mich., to Five Lakes, Mich 8.45
"j Vassar, Mich., to Caro, Mich 13.00
Total length of main line and branches. 131.25 miles.
Sidings, 9.54 miles. Gauge, 4 feet 8£ inches. Rail, 60 Ibs.
630
RAILROAD MANUAL OF THE UNITED STATES.
Organized May 16, 1871, and road opened through July 31, 1873.
Rolling Stock (furnished by the Michigan Central Railroad Company). — Loco-
motives, 24. Cars — passenger, 6 ; mail and express, 2 ; freight (box), 75 ; and flat,
150 — total revenue cars, 183.
Operations for year ending December 31,1877. — Trains run — passenger, 136,252 ;
freight and mixed, 143,769 ; other, 19,702 — total, 299,727 miles. Passengers carried,
151,285 ; carried one mile, 4,670,034. Freight moved, 139,898 ; moved one mile,
8,943,508 tons.
Earnings.
From Passengers $128,097 13
" Freight 242,24521
Miscellaneous 16,375 03
$385,717 37
Expenditures.
For Maintenance of Way $57,637 66
" EollingStock 31,14887
" Transportation, etc 171,400 47
Net earnings, 125,530.37. Payments — interest on funded debt,
$4,181; construction, $8,459.32; balance, surplus, $66,290.05.
General Balance, December 31, 1877.
,187 00
,600 ; taxes,
Construction and Equipment $3,661,239 06
Bills Receivable 74,953 55
Miscellaneous Items 396,042 95
Cash and Cash Assets
32,348 58
$4,164,584 14
Capital Stock $1,325,750 00
Funded Debt 2,330,000 00
Bills Payable
76,742 36
Other Liabilities . . , 432,091 78
$4,164,584 12
A bridge across to Saginaw River, at Wenona, connects the road with the Jack-
son, Lansing and Saginaw R. R. There is a mortgage of $150,000 on the bridge to
secure the same amount of company's bonds.
Description of bonds issued and outstanding :
Character of Bonds.
Date of
Bonds.
Rate,
p. c.
Interest
Payable.
Principal,
When
Due.
Amount
Author-
ized.
Amount
Issued.
Amount
Out-
standing.
1st Mortgage ....
May 1, 1872.
8
May & Nov.
1902
$2,180,000
$2,180 000
$2 180 000
1st " (Branch)
Sept.l, 1873.
8
Sept. & Mar.
1903
150,000
150,000
150,000
Directors (elected May 8, 1878).— C. K. Carpenter, Orion, Mich. ; J. F. Joy, Detroit,
Mich. ; Moses Taylor, J. J. Astor, B. Dunning, Samuel Sloan, M. O. Roberts, Lewis
Tuckermau and R. G. Rolston, New York.
J. F. JOY, President Detroit, Mich.
Treas. and Sec.—R. G. Rolston — New York City. Gen. Ticket Agent— H. C. Wentwoith Chicago.
Gen. Superintendent— R. B. Ledyard Detroit. Gen. Freight Agent— J. Q. A. Bean "
Purchasing Agent— Allan Bourn Detroit.
PRINCIPAL OFFICE AND ADDRESS Detroit, Mich.
Transfer Office 26 Exchange Place, New York.
RAILROAD MANUAL OF THE UNITED STATES. 631
DETROIT, HILLSDALE AND SOUTHWESTERN R. R.
Line of Road. — Ypsilanti, Mich., to Banker's, Midi 64.8 miles.
Sidings and other tracks, 3.4 miles. Gauge, 4 feet 8i inches. Rail, 56 Ibs.
Organized July, 1871, as the Detroit, Hillsdale and Indiana R. R., which was sold
under foreclosure, December 28, 1874, and reorganized under present title January
80, 1875. The road was bought by the first mortgage bondholders for $16,000 over
the mortgage of $1,152,000.
Rolling Stock. — Locomotive engines, 3. Cars — passenger, etc., 4; freight, 50.
Operations for year ending December 31, 1877. — Trains run — passenger, 40,690 ;
freight, etc., 40,410 — total, 81,100. Passengers carried, 43,446; carried one mile,
646,285. Freight moved, 25,035 ; moved one mile, 785,545 tons. Earnings from pas-
sengers, $20,658.13; freight, etc., $33,669.90— total, $54,328.03. Operating expenses,
$57,153.60; deficit, $2,825.57.
General Balance, December 31, 1877.
Construction, etc $1,316,187 09
Stock 300,000 00
Cash and other Assets 40,873 10
$1,387,060 19
Capital Stock $1.350,000 00
Funded Debt 25,650 00
Profit and Loss, etc. 11,41019
$1,387,060 19
The funded debt consists of 8 per cent, scrip issued July 1, 1875, and redeema-
ble July 1, 1880.
D. L. QUIRK, President Ypsilanti, Mich.
Sec. and Treas- -Elijah Smith Boston, Mass. | Svpt.—W. F. Parker Ypsilanti, Mich.
PRINCIPAL OFFICE AND ADDRESS Ypsilanti, Mich.
Transfer Office Sears Building, Boston.
DETROIT, LANSING AND NORTHERN RAILROAD.
Line of Road.— Detroit, Mich., to Howard City, Mich 160.6 miles.
Branches • 1 Stanton Br. main line, near Ionia, to Stanton, Mich 19.2 "
( Belding Branch 1.7 miles.
Total length of line in operation 181.5
Sidings, 24.84 m. Gauge, 4 ft. 8-J- in. Rail, 50, 56 and 60 Ibs. Steel rails, 38.6 m.
Consolidation, April 11, 1871, of the Detroit, Howell and Lansing R. R. Co., or-
ganized April 11, 1870 ; Ionia and Lansing R. R. Co., organized February 26, 1866 ;
and Ionia, Stanton and Northern R. R. Co., organized July 17, 1872 — under name of
Detroit, Lansing and Lake Michigan R. R. Co. Road sold under foreclosure Decem-
ber 14, 1876, and reorganized under present title.
The main line was opened December 31, 1871, and the Stanton Branch in 1872.
Rolling1 Stock. — Locomotive engines, 26. Cars — passenger, 15 ; baggage and ex-
press, 6; freight (box, 245; platform, 471; stock, 16), 732; caboose, 12; pay, 1;
boarding, 1 — total cars, 746. Also, 14 service cars.
632
BAILKOAD MANUAL OF THE UNITED STATES.
Operations for year ending December 31, 1877. — Trains run — passenger, 228,679 ;
freight, etc., 476,070 — total, 704,749 miles. Passengers carried, 288,340 ; carried one
mile, 7,047,892. Freight moved, 287,628 ; moved one mile, 24,903,498 tons.
Earning*.
From Passengers $205,242 45
" Freight 537,50208
Miscellaneous 45,816 33
Expenditures.
For Maintenance of Way $178,301 72
" Rolling Stock 72,03576
" Transportation, etc 255,277 07
$788,560 86 . $505,614 55
Balance — net earnings, $282,946.31. Payments from net earnings — dividend on
preferred stock, $49,598 ; interest on funded debt, $204,370; surplus, $28,978.31.
General Balance, December 31, 1877.
Construction and Equipment $7,126,997 52
Bills Receivable 158,95600
Cash and Cash Assets 31,510 38
23,567 70
Supplies.
Dues..
15,090 14
$7,356,120 74
Statement of funded debt in detail :
Capital Stock $1,825,617 52
" Preferred 2,503,38000
Funded Debt 2,798,000 00
Unpaid Coupons 100,450 83
Unpaid Vouchers, etc. ...
Balance, Income Account.
80,677 06
47,995 33
$7,356,120 74
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal,
When Due.
Am't Out-
standing.
Detroit, L. and Northern R. R
Jan. 1, 1877.
7
Jan. and July
Jan. 1, 1907.
$1,897,000
Ionia and Lansing R. R
8
Feb and July
July 1 1889
770000
" ' " 2d Mortgage..
8
May and Nov.
Nov. 1, 1880.
81,000
D., L. and L. M. Depot Grounds
7
u u
Nov. 1, 1881.
50,000
Abstract of general account for two years :
Capital Stock.
Funded Debt.
Unpaid
Coupons.
Unpaid
Vouchers.
Construction,
etc.
Profit and
Loss.
1876
$1,680,600
$6,054,000
$907,180
$200 648
$6 578 310
$2 158 293
1877
4,328,998
2,798,000
100,451
80677
7 126 998
Directors (elected April 2, 1878).— Nathaniel Thayer, William F. Weld, John A.
Burnham, George O. Shattuck, John N. Denison, H. H. Hunnewell, N. Thayer, Jr.,
Charles L. Young, Charles F. Adams, Jr., and Charles Merriam, Boston, Mass. ; James
F. Joy, Detroit, Mich.
JAMES F. JOY, President Detroit, Mich.
Treas. and Sec.— Charles Merriam. . .Boston, Mass. Superintendent— J. B. Mulliken Detroit, Mich.
Asst. Treas.— J. E. Howard .Detroit, Mich. Asst. Superintendent— 3 . B. Graf ton. "
Purchasing Agent, Allen Bourn Detroit, Mich.
PRINCIPAL OFFICE AND ADDRESS Detroit, Mich.
Fiscal and Transfer Agency Sears' Building, Boston, Mass.
RAILROAD MANUAL OF THE UNITED STATES. 633
DETROIT AND MILWAUKEE EAILKOAD.
Line of Koad.— Detroit, Mich., to Grand Haven, Micli 189.00 miles.
-rj ( Corunna Station, Mich., to Coal Mines 2.00
Branches : 4
( Pontiac, Mich., to Insane Asylum 65 — 2.65 miles-
Total length of railroad owned and operated by company 191.65 miles.
Sidings and other tracks, 34.25 m. Gauge, 4 ft. Si in. Rail (steel, 139 m.), 50 & 60 Ibs.
The Detroit and Pontiac R. R. Co., chartered in 1834, and the Oakland and Ottawa
R. R. Co., chartered in 1848, were consolidated May 12, 1855, in the Detroit and Mil-
waukee Railway Co. The D. and P. R. R. Co. built the road between Detroit and
Pontiac, opening the first section in the fall of 1838, and the whole line in the fall of
1844. The O. and 0. R. R. Co. had no road completed when consolidated, and all
west of Pontiac was opened by the D. and M. R. R. Co., from time to time, and com-
pleted November 22, 1858, and the property was transferred under foreclosure to the
Detroit and Milwaukee R. R. Co. in 1860. The interest on bonds in default was funded
into bonds, and interest on other debts into preferred stock. In November, 1873, the
company again made default on its coupons, and the road was placed in the hands of
a Receiver April 15, 1875. Foreclosure suit is now pending. It is proposed to issue
two series of bonds guaranteed by the Great Western R. R. Co. of Canada, viz. : 1st
mortgage bonds to the extent of $2,000,000, with which to pay off the Receiver's cer-
tificates, the Detroit and Pontiac, and the Oakland and Ottawa bonds and other claims
which constitute a first lien upon the property ; and 2d mortgage bonds to the extent
of $3,500,000 to be divided pro rataand without regard to priority among all the other
bondholders.
Rolling Stock. — Locomotive engines, 34. Cars — passenger, 26 ; combination, 7 ;
and smoking, 1 ; baggage, etc., 9 ; and way, 11 ; and freight (box, 340 ; platform, 124),
464 — total revenue cars, 518. Also, 5 service cars. Leased — box cars, 500 ; and plat-
form cars, 50.
Operations for year ending December 31, 1877. — Passengers carried, 382,900 ;
carried one mile, 12,565,342. Freight (tons) moved, 316,828 ; moved one mile, 36,-
864,322. Fiscal results, as follows :
Earnings.
From Passengers $357,14705
" Freight 526,16565
" Mail and Sundries 36,89288
" Bents 4,91652
$925,122 10
Expenditures.
For Maintenance of Way $260,149 48
" Rolling Stock 243,93707
" Transportation 219,21845
Miscellaneous 67,513 65
$790,818 65
Balance — net earnings, $134,303.45. Payments charged against net earnings —
interest on bonds-, $48,076.66, and on short loans, $9,351.22 ; and new works and im-
provements, $80,067,57 ; total, $137,495.45. Deficit, $3,192.
Receiver's statement of revenue account from April 16, 1875, to December 31,
1877 (32^ months) :
Receipts. Expenditures.
From Passengers $1,000,787 49
" Freight 1,469,99570
" Mail, etc 102,10340
" Rents 18.70854
$2,591,595 13
For Working Expenses (84.80 p. c.). . .$2,197,483 24
" Taxes and Insurance (4.47 p. c.). . 115,881 80
' ' Bond Interest $1 17,621 21
" Short Loan Interest. . .. 13,872 37— 131,493 58
$2,444,858 62
634
EAILEOAD MANUAL OF THE UNITED STATES.
Balance carried down, $146,736.51. Applied to new works and improvements,
$122,926.13, and carried to general balance sheet, $23,810.38. Taxes (as above) in-
clude $12,585.70 for a half year's State tax prior to 1875.
Receiver's General Balance Sheet, December 31, 1877.
Balance from net Revenue $23,810 38 Stores on Hand, I)ec. 31, 1877 $39,552 26
Stores, etc., on Hand, April 15, 1875 159,559 83 Insurance Premium, etc 53,367 05
Wages for Dec., 1877, and unclaimed Steel Rails 212,537 45
since April 15, 1875 46,039 91 Liabilities at April 15, 1875, paid 216,498 89
Bills Payable, etc 366,956 20 Cost of Foreclosure Suit, paid 49,450 00
State Tax, last half '77, pay'e July 1, '78. . 12,585 70 Bills, Balances and Accounts Due 87,438 46
Sundry Accounts 49,892 09
Total $658,84411 Total
The funded debt is classified as in the following table :
..$658,844 11
Classes of Bonds.
Date of
Issue.
Rate.
Interest
Payable.
Principal
Payable.
Am't of
Bonds.
Annual
Charge.
Bonds (Detroit and Pontiac R. R). .
April 1, '51.
7 p. c.
Apr. and Oct.
April 1, '78.
$150.000
$10,500
U (I l( U
Jan. 1, '53.
7
Jan. and July.
Jan. 1, '78.
100,000
( 7,000
(( U (1 U
Feb. 10, '54.
8
Feb. and Aug.
Feb. 15, '86.
250,COO
20,000
Sterling B'ds (Oakl. & Ottawa R. R.j
Oct. 1, '53.
6
May and Nov.
Nov. 15, '73.
150,867
9.052
Dollar " " " "
Oct. 1, '53.
7
41 1(
11 ti
51,000
3,570
1st Mtge. (Detr. and Milw. R'way.).
Apr. 24, '55.
7
(1 t<
May 15, '75.
2,500,000
175,000
2d " " " "
Apr. 28, '56.
8
it It
U 11
1,000,000
80,000
F'dCoup. (Detr. &M.R.R.) 1st ser's
Nov. 15, '60.
7
Jan. and July.
11 (1
682,525
47,777
" 2d series
Nov. 13, '63.
7
May and Nov.
U U
377,115
26,398
Detroit River Front Mortgages
Various.
10
Various.
Various.
53,267
5,327
Mechanical Shops Mortgage
May 1, '63.
Sep. 1, '66.
10
7
May and Nov.
Mar. and Sep.
May 1, '75.
Sep. 1, '86.
50,000
110,000
5,000
7,700
Debentures (Detroit and Milw. R.R.)
Funded debt December 31, 1877, and annual charges th<
;reon
$5,420,773
$397,324
Directors. — Charles C. Trowbridge, Henry N. Walker, Edward A. Brush and
Christian H. Buhl, Detroit, Mich. ; Charles J. Brydges, Montreal, Can. ; Samuel
Barker, Hamilton, Can. ; Hugh Allan, Montreal, Can.; William McMaster, Toronto,
Can. ; and Andrew Watson, Hamilton, Can.
CHARLES C. TROWBRIDGE, President and Receiver. .Detroit, Mich.
Charles J. Brydges, Vice-President Montreal, Can.
Secretary James H. Muir. General Frgt. and Passer Agent Alfred White.
Assistant Superintendent S. R. Callaway Purchasing Agent. John S. Lorimer.
PRINCIPAL OFFICE AND ADDRESS Detroit, Mich.
FLINT AND PEKE MAKQUETTE KAILKOAD.
Line of Road. — Monroe, Mich., to Ludington, Mich 253.02 miles.
f Bay City to East Saginaw 12.35
Branches : •] Flint to Otter Lake 14.47
( Junction to South Saginaw 3.94 — 30.76 miles.
Total length of road in operation 283.78 miles.
Sidings, etc., 62.25 m. Gauge, 4 ft. 8£ inches. Rail, 56 and 62 Ibs. Steel rails, 55.48 in.
BATLKOAD MANUAL OF THE UNITED STATES.
635
This company was organized June 22, 1857, and consolidated June 4, 1872, with.
Bay City and East Saginaw, Holly, Wayne and Monroe, Cass River and Flint River
R. R. Cos. Road opened December, 1874.
The portion of the main line from Monroe to Holly, 65.60, was built by the Flint
and P. M. R. R. Co., under the charter of the Holly, Fort Wayne and Monroe R. R.
Co. ; the branch from Bay City to East Saginaw, under charter of Bay City and East
Saginaw R. R. Co. ; and from Flint to Otter Lake, under Flint River R. R. charter.
Rolling1 Stock. — Locomotive engines, 43. Cars — passenger, 32 ; baggage, mail
and express, 11 ; freight (box and stock, 297 ; and platform, 417), 714 — total revenue
cars, 757. Also, 2 snow-plows and 157 service and construction cars.
Operations for year ending December 31, 1877. — Trains run — passenger, 404,981 ;
freight, 376,861 ; construction and other, 193,835 — total, $975,677 miles. Passengers
carried, 489,579. Freight moved, 347,664 tons.
Earnings.
From Passengers $386,003 22
" Freight 552,748 05
" Mail and Express 31,85528
Miscellaneous 27,26946
Expenditures.
For Maintenance of Way $116,138 06
" Rolling Stock 77,833 49
" Transportation 313,652 42
" Miscellaneous 23,208 26
$997,965 86 $530,832 23
Balance — net earnings, $467,133.63. Payments — interest on funded debt, etc.,
$331,416.18 ; improvements, $50,453.83 ; leaving net revenue, $85,263.60. Other pay-
ments shown in income account. .
Abstract of operations for seven years :
Fiscal Years.
Miles
of
R. R.
Train
Mileage.
Passen-
gers.
Freight
Tonnage.
Gross
Earnings.
Operating
Expenses.
Net
Revenue.
1871 . .
153
537 466
311 240
232 139
$674 685 69
$402,811 18
$271,874 51
1872
233
888227
509 975
344 559
1 133,612 37
678,494 00
455,118 37
1873
233
916 264
492 365
370 778
*1 365 424 52
735,049 54
630,374 98
1874
253
992 732
465 578
347?646
1 063 985 97
668 995 42
394,990 55
1875....
283
1 128 964
498'384
346 115
1 055 053 72
696,455 70
358,598 02
1876
283
952 104
466 439
339 767
1 000,368 35
580,196 27
366,074 29
1877
283
975 677
489 579
347 664
997 965 86
530,832 23
416,679 80
* Including land sales.
Net Income Account, Year 1877.
Cash from 1876 $20,161 44
Supplies on Hand 78,405 6
Coupons $331,416 18
Construction 11,421 55
Net Receipts, R. R 416,679 80 i Bonds Cancelled 98,000 00
" Land Department 48,250 00 Interest, Taxes, etc 112,82486
Bonds Sold 67,000 00 j Supplies, etc 164,09807
Miscellaneous Accounts 112,689 59 Miscellaneous Accounts 25,325 77
$743,086 43
$743,086 43
The interest due November 1, 1875, on the consolidated bonds was not paid, and
arrangements were entered into to fund the coupons to and including November 1,
1877 ; and also to pay the floating debt— 60 per cent, in bonds, and the remainder in
extended notes.
636
RAILROAD MANUAL OF THE UNITED STATES.
General Balance, December 31, 1877.
Construction $6,851,029 54
Equipment 1,881,73927
Land Grant 3,116,71146
Real Estate, Buildings, etc 099,886 99
East Saginaw and St. Clair Railroad. . 217,528 42
Miscellaneous Accounts 327,851 60
Profit and Loss 1,004,110 29
$13,598,857 57
Abstract of general balances for seven years :
Capital Stock $3,298,200 00
Funded Debt 6,920,905 50
BillsPayable 710,92348
Land Grant Sales 1,487,019 09
Unpaid Coupons 933,290 60
Sundry Accounts 184,989 40
Vouchers Payable 63,529 50
$13,598,857 57
1
Fiscal Years.
Miles
of
Track.
En-
gines.
Cars.
Stock.
Bonds.
Debts.
Railroad
and
Equipments.
Land
Grants.
1871
238.27
23
593
$1,099,100
$4,241,500
$992,374 50
$5,617,180 33
$918,511 46
1872
266 23
33
641
3,297,300
5,339,000
888,259 80
7.128 120 75
3 116,711 46
1873
273 00
42
757
3,297,300
6,031,405
1,305,081 38
8,024,342 79
3,116,711 46
1874
329 50
42
758
3,298,200
6,393,980
1,323.342 52
8,621,719 45
3,116,711 46
1875
333.44
42
759
3,298,200
6,957,980
998,636 68
8,663,584 43
3,116,711 46
1876
335.41
43
757
3,298,200
6,961,905
1,640,394 00
8,699,606 28
3,116,711 46
1877
346.03
43
757
3,298,200
6,920,905
1,892,734 00
8,932,657 00
3,116,711 46
Statement of funded debt in detail, December 31, 1877 :
. Character of Bonds.
Rate.
Interest
Payable.
Principal
Payable.
Issued.
Outstanding.
1st Mort. L. G. Bonds, 1st series
7
May and Nov.
May 1, 1880
$480 000 00
$1,000 00
1st " " " 2d " ... .
7
Jan. and July
Jan 1 1887
500000 00
11 000 00
1st " " " 3d "
8
Mar. and Sept
Sept. 1 1888
2 485 000 00
2 058,000 00
* F. & H. Lease Bonds ($25,000 p. a.) . .
B. C. & E. Sag. R. R. Bonds guar
Bay Co. Bonds (loan to same)
10
10
10
May and Nov.
Jan. and July
Mar. and Sept.
May 1, 1888
July 1, 1882
Sept 1 1887
550,000 00
100,000 00
75000 00
386,500 00
100,000 00
75000 00
H., W. & Mon. R. R. Bonds
8
Jan. and July
Jan 1 1901
1 000000 00
1,000,000 00
Construction Loan Bonds
8
U (I
Jan 1 1878
280 480 47
47 405 50
Consolidated Sinking Fund
8
May and Nov.
May 1 1902
3242000 00
3 242,000 00
Total
$8,712,480 47
$6,920,905 50
* $75,000 in hands of company unsold.
There were cancelled during the year $35,000 land-grant bonds, $14,000 F. and
H. lease bonds, and $49,000 construction loan bonds — in all, $98,000 ; and there were
issued, $57,000 consolidated bonds, making net decrease of funded debt, $41,000.
Land Department. — The Flint and Pere Marquette Railroad Company have a
land grant of 3,840 acres to the mile of road. These lands, so far as they have be-
come available, have been divided into several trusts, to secure a like number of
mortgages on the road and lands. The following shows the condition of the several
classes, as they stood at the close of the year 1877.
~\
First
Trust.
Second
Trust.
Third
Trust.
Fourth
Trust.
Fifth
Trust.
Total Trusts.
Acres belonging to Trust.
" sold to Dec. 31, '77.
" unsold
153,600.00
116,797.83
36,802.17
153,600.00
79,700.78
73,899.22
76,800.00
28,881.18
47,918.82
'
76,800.00
5,462.80
71,337 20
50,702.20
44,880.09
5,822 11
511,502.00
275,722.69
235,779.51
Proceeds of Sales
$937,319 02
$663,301 45
$319,196 89
$120,320 59
$329,591 26
$2,369,729 21
" per Acre.
7 87
8 15
10 47
14 55
7 25
8 26
RAILROAD MANUAL OF THE UNITED STATES.
637
These trusts represent the several divisions of the road — the first two of 20 miles
each, the next two of 10 miles each, and the fifth of about 6| miles. The proceeds,
including the interest on notes, fines, and profit and loss, are applied to the payment
of interest on the land bonds issued by the company and the final extinction of the
principal thereof. As additional lands accrue, by the progress of the road, they will
be disposed of in the same manner, and the proceeds applied to the same purposes.
There were collected in 1877 from sales of lands, principal, $100,018.64; interest
$25, 282. 04— total, $125,300.68. The number of acres sold was 8,508.40— amounting
to $113,447.76, or $11.28 per acre. There was receivable on land account, at close of
the year $332,349.71 principal, and $25,795.19 interest — total due on land sales, $358,-
144.90.
Directors (elected September, 1877). — Jesse Hoyt, New York City ; William W.
Crapo, A. H. Seabury, New Bedford, Mass. ; H. C. Potter, W. L. Webber, East Sagi-
naw, Mich.; J. H. Prentiss, Chicago, 111. ; Philo Remington, Ilion, N. Y.; Henry H.
Fish, Utica, N. Y.
JESSE HOYT, President New York, N. Y.
W. W. Crapo, Vice-President New Bedford, Mass.
Secretary and Treasurer H. C. Potter.
Auditor G. W. Ledlie.
Assistant Treasurer L. C. Storrs.
Superintendent S. Keeler.
Purchasing Agent
General Manager H. C. Potter.
General Freight Agent David Edwards.
General Ticket Agent J. P. Nourse.
Solicitor and Land Commissioner . .W '. L. Webber.
, Geo. C. Cook,
PRINCIPAL OFFICE AND ADDRESS East Saginaw, Mich.
FORT WAYNE, JACKSON AND SAGINAW RAILROAD.
Line of Road. — Jackson, Mich., to Fort Wayne, Ind 100 miles.
Sidings, etc., 7.33 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
This company was formed April 6, 1869, by the consolidation of the Jackson,
Fort Wayne and Cincinnati R. R. Co. of Michigan, organized September 26, 1868, and
the Fort Wayne, Jackson and Saginaw R. R. Co. of Indiana. The road was opened
December 5, 1870.
Rolling Stock. — Locomotive engines, 10. Cars — passenger, 6 ; baggage, mail, etc.,
3 ; freight (box, 183 ; platform, 146), 329— total, revenue cars, 338. Also, 5 service cars.
Operations for year ending December 31, 1877.— Trains run— passenger, 123,823 ;
freight, 156,987; other, 15,340— total, 292,527 miles. Passengers carried, 119,606;
Freight moved, 176,537 tons ; carried one mile, 11,126,797.
Earnings.
From Passengers $76,882 33
" Freight 165,25322
" Mail, Express, etc 11,19913
Expenditures.
For Maintenance of Way $54,857 72
" Rolling Stock 14,67833
" Transportation, etc 109,749 66
$254,334 68 $179,285 71
Balance— net earnings, $75,048.97. Included in operating expenses are taxes,
$7,707.52. Payments from net earnings, $179,285.71 ; interest paid, $65,000.
638 KAILKOAD MANUAL OF THE UNITED STATES.
General Balance, December 31, 1876 :
Construction and Equipment $3,160,101 30
Bills Receivable, etc 30,878 91
Miscellaneous Accounts 7,469 79
$3,198,450 00
Capital Stock $1,198,450 00
FundedDebt 2,000,000 00
3,198,450 00
The funded debt is as follows : $1,500,000 1st mortgage 7 per cent, bonds, interest
payable January and July, principal payable January 1, 1889 ; and $500,000 2d mort-
gage 8 per cent, bonds, interest payable in April and Oct., and principal April 1, 1891.
Directors (elected February, 1878). — P. B. Loomis, W. D. Thompson, E. A. Web-
ster, H. H. Smith, W. R. Reynolds and D. Merrimau, Jackson, Mich. ; E. O. Grosvenor,
Jonesville, Mich. ; Joseph A. Woodhull, Angola. Ind. ; C. A. O. McClellan, Waterloo,
Ind.; A. P. Edgerton, John A. Clark, J. H. Bass and S. Gary Evans, Ft. Wayne, Ind.
P. B. LOOMIS, President and General Manager Jackson, Mich.
E. O. Grosvenor, Vice-President Jonesville, "
Mast. Trans. W. B, Beamer Jackson, Mich.
Treasurer — B. S. Chapin Jackson, Mich.
Secretary — E. Pringle "
Auditor — H.A.Raymond "
Gen. Ticket Agent~S. K. Hooper. .
Gen. Freight Agent— R. Bromley. .
PRINCIPAL OFFICE AND ADDRESS Jackson, Mich.
GLENCOE, PINCONNING AND LAKE SHOEE KAILKOAD.
Line of Road. — Glencoe, Mich., to Bay Shore, Mich 13 miles.
Sidings, 0,20 mile. Gauge, 4 feet 8| inches. Rail, 30 Ibs.
This company was organized March 22, 1876, and the road opened the same
year. It is used exclusively for the lumber trade.
Rolling Stock. — Locomotive engines, 2. Cars — platform, 16.
Operations for year ending December 31, 1877. — Trains run, 12,970. Freight
moved, 14,040 tons. Gross earnings, $10,866.54; operating expenses, $7,250.81 ; net
earnings, $3,165.73.
Financial Statement, December 31, 1877. — Capital stock, $15,000; funded debt,
1st mortgage 10 per cent, bonds, due 1881, $80,000; floating debt, $2,770.41— total,
$97,770.41. Per contra: Cost of R. R. and equipment, $91,226.66; cash and other
assets, $6,543.75.
GEO. CAMPBELL, President and General Manager. .Bay City, Mich.
Sec. and Treas.—3. McDonald — Bay City, Mich. \ Assistant Supt.— Hugh Campbell .. .Bay City, Mich.
PRINCIPAL OFFICE AND ADDRESS Bay City, Mich.
GRAND KAPIDS AND INDIANA KAILROAD.
Line of Road. — Fort Wayne, Ind., to Petoskey, Mich 332.1 miles.
Leased line : Cincinnati, Richmond and Fort Wayne R. R 91.5 "
Operated : Traverse City Railroad 26.0 "
Total length of line owned, leased and operated 449.6 miles.
Sidings, etc., 29.47 miles. Gauge, 4 feet 9| inches. Rail, 50, 56 and 60 Ibs.
RAILROAD MANUAL OF THE UNITED STATES.
639
This company was organized September 1, 1855, and the road opened from Grand
Rapids north to Cedar Spring, December 23, 1867 ; to Fyfe Lake, September, 1872,
and to Petoskey, May, 1874. The section from Fort Wayne to Grand Rapids was
opened in October, 187G. The lease of the C., R. and Ft. W. R. R. is for 99 years,
and the interest on the bonds of that company is guaranteed by the C., H. and D.
and the Gr. R. and I. R. R. Cos., and Pennsylvania Co. The Traverse City R. R. is
operated without any formal contract. The operations of the line from Fort Wayne
to Petoskey only are here given.
Rolling Stock. — Locomotive engines, 38. Cars — passenger, 21 ; baggage, mail
and express, 10 ; and freight (box, 331 ; platform, 591 ; coal, 186 ; caboose, 22), 1,130
— total revenue cars, 1,168.
Operations for year ending December 31, 1877. — Trains run — passenger, 481,796;
freight, 413,840 ; other, 182,792— total, 1,078,428 miles. Passengers carried, 473,977 ;
carried one mile, 14,077,030. Freight moved, 338,578 tons ; moved one mile, 35,633-
459 tons.
Earnings.
From Passengers $391,950 93
" Freight 622,00738
" Mail and Express 31,80747
Miscellaneous 51,341 25
$1,097,107 03
Expenditures.
For Maintenance of Way $230,443,11
" Rolling Stock 250,56483
" Transportation 207,51784
Miscellaneous 59,836 04
$748,361 82
Balance— net earnings, $348,745.21. Paid interest on bonds, $557,874.95.
Abstract of operations for five years
Fiscal Years.
Miles of
R. R.
Passen-
gers.
Mileage.
Freight,
Tons.
Mileage.
Gross
Earnings.
Net
Earnings.
1871 72
256
491,910
882,429
304,527
2,088,987
$1,055,183 00
$461,263 00
1872-73
332
476,447
1,155,535
361,787
6,063,502
1,119,705 00
262,386 00
1874
332
456,140
11,692,457
363,478
30,913,216
1,175,750 48
416,680 07
1875
332
501,977
13,907,593
373,259
35,764,557
1,143,741 67
267,108 75
1876,
332
513,570
14,448,942
348,248
33,713,086
1,137,539 60
316,507 42
1877
332
473,977
14,077,030
338,578
35,633,459
1,097,107 03
348,745 21
General Balance, December 31, 1877.
Construction Account $11,087,842 34
Materials 103,032 58
Dues and other Assets 111,568 15
Cash on Hand.* 61,769 35
Balance, Income Account 1,259,860 26
$12,624,072 68
Capital Stock $2,800,000 00
Bonds 8,000,000 00
Bills Payable 337,339 87
Accounts Payable, etc . 111,278 36
Coupons Unpaid 1,375,454 45
Of the unpaid coupons, $1,370,972.54 are held by the Pennsylvania R. R. Co.
640
RAILROAD MANUAL OF THE UNITED STATES.
Abstract of general balances for five years :
Years.
1872.
1873.
1874.
1875.
1876.
1877.
Sjj
r^3 cs
" ^H
Engines
Cars.
Capital
Stock.
Funded
Debt.
Unpaid
Coupons.
Other Lia-
bilities.
Total.
Construc-
tion, etc.
Other
Assets.
Debit of
Income.
22735
35738
35738
35738
36138
36138
1,029
1,133
1,153
1,164
1,170
1,168
$
2,073,000
2,800,000
2,800,000
2,800,000
2,800,000
2.800,000
$
8,000,000
8,000,000
8,000,000
8.000,000
8,000,000
8,000,000
$
$
10,070,000
11,085,535
11,330,188
11,799,789
12,222,329
12,624,072
$
4,833,808
10,850,128
10,909,975
10,978,652
11,051,898
11,087.842
$
$
191,400
298,683
298,287
941,894
1,375,454
94,135
231,505
701,502
480,432
448,618
235,407
271,336
294,752
336,138
276,320
148,877
526,385
834,293
1,259,860
Statement of funded debt in detail :
Character of Bonds.
Date of
Bonds.
Rate
p. c.
Interest
Payable.
Principal
Payable.
Authorized.
Outstand-
ing.
1st Mort. Land Grant, Guaranteed. . .
1st " " Unguaranteed
1st " Ex. " "
Oct. 1, 1869.
Oct. 1, 1869.
Oct. 1, 1869.
• 7
7
7
Jan. & July
Apr. & Oct.
(t u
1899
1899
$4,000,000
4,000,000
$4,000,000
2,555,000
1,010,000
Income Bonds ,
Dec. 1, 1875.
7
1906
435 000
The company voted to issue $10,000,000 income mortgage bonds, at not to exceed
7 per cent, interest, to be used in exchange and purchase of outstanding 1st mortgage
bonds. The principal and interest of the mortgage bonds are payable in gold ; of the
income bonds (to be issued), in currency.
The company have two land grants, amounting in the aggregate to 1,160,000
acres, of which 841,326 acres have been certified to the company up to June 30, 1873.
The last report of the company contains no information in regard to the lands.
Directors (elected March 6, 1878). — Thomas A. Scott, John P. Green and Geo. B.
Roberts, Philadelphia, Pa. ; W. O. Hughart, and H. J. Hollister, Grand Rapids, Mich. ;
Pliny Hoagland, F. P. Randall, Fort Wayne, Ind. ; J. G. Wait, Sturgis, Mich. ; Mancel
Talcott, Chicago, 111. ; J. N. McCullough, Thomas D. Messier and William Thaw,
Pittsburg, Pa. ; and Robert B. Potter, New York City.
W. O. HUGHART, President and Gen. Manager. Grand Rapids, Mich.
Auditor— F. A. Gorham Grand Rapids, Mich.
Eng. of Constr.—M. M. Stimson..FyfeLake, "
Road Master — O. A. Simmons. . .Fort Wayne, Ind.
Master Mach.—J. M. Boon "
Frt. & Tkt.AgL— A. B.Leet.. Grand Rapids, Mich.
Vice-Pres. & Treat.— W. R. Shelby. .Grand Rapids.
Secretary^- J '. H. P. Hughart . .Grand Rapids, Mich.
Asst. Gen, Man.—C. E. Gorham. .Fort Wayne, Ind.
Supt. N. Div.—J. M. Matheany. .G'd Rapids, Mich.
" s. " —P. S. O'Rourke... Fort Wayne, Ind.
PRINCIPAL OFFICE AND ADDRESS Grand Rapids, Mich.
Transfer Agents Winslow, Lanier & Co., 27 Pine St., New York City.
CINCINNATI, KICHMOND AND FORT WAYNE E. R.
Line of Road.— Richmond, Ind., to Fort Wayne, Ind 91.5 miles.
Sidings and other tracks, 4.5 miles. Gauge, 4 feet 8$ inches. Rail, 56 Ibs.
Chartered February 24, 1853, as Cincinnati and Fort Wayne R. R. Co., and
present name taken February 5, 1866.
RAILROAD MANUAL OF THE UNITED STATES. 641
Road opened January 1, 1872.
Rolling Stock. — None owned. Furnished one third by G. R. and I. R. R., one
third by Pennsylvania Co., one third by C., H. and D. R. R.
This road is leased for 99 years to the Grand Rapids and Indiana R. R. Co.
Operations for year ending December SI, 1877. — Trains run — passenger, 153,498 ;
freight, 123,108— total, 276,606 miles. Passengers carried, 125,453. Freight moved,
189,534 tons.
Gross earnings, $286,528.59; operating expenses, $198,314.47; net earnings,
$88,214.12. Payments : Interest on 1st mortgage bonds, $132,347.78 ; other pay-
ments, $24,044.87.
Financial Statement, December 31, 1877.— Capital stock, $1,517,139.29 ; funded
debt, $1,800,000; floating debt, $1,183.32; other liabilities, $736,202.39— total,
$4,054,525. Per contra : Cost of road and equipment, as represented, $3,615,314.20 ;
cash on hand, $111.28 ; profit and loss, $439,099.52. The funded debt consists of 1st
mortgage 7 per cent, gold bonds, due 1921, coupons payable June and December in
New York. The interest is guaranteed by the C., H. and D., and the Gr. R. and Ind.
R. R. Companies, and the Pennsylvania Company. The deficit to November 30,
1877, was $441,760.54— of which $149,938.39 was due to G. R. and I. R. R. Co. ; $150,-
496.95 to the Penna. Co., and $142,325.20 to the C., H. and D. R. R. Co. The latter
company failed to pay its proportion of deficit in December, 1877.
WILLIAM PARRY, President Richmond, Ind.
A. F. Scott, Vice-President
Secretary and Treasurer— C. C. Binkley Richmond, Ind.
PRINCIPAL OFFICE AND ADDRESS Richmond, Ind.
Lessees' Office Grand Rapids, Mich.
TKAVEKSE CITY EAILROAD.
Line of Road. — Walton Junction, Mich., to Traverse City, Mich 26 miles.
Sidings, 0.25 mile. Gauge, 4 feet 8i inches. Rail, 48 Ibs.
Company organized October 30, 1871 , and road opened December, 1872. It is
operated by the Grand Rapids and Indiana R. R. Co. It was built by the Continental
Improvement Company, they agreeing to do the entire work for $250,000 in bonds,
$170,000 stock, and $35,000 in cash— total, $455,000, representing the cost of the road.
Rolling Stock. — Furnished by Gr. R. and Ind. R. R. Co.
Operations for year ending December 31, 1877. — Trains run, 34,440 miles. Pas-
sengers carried, 20,530 ; carried one mile, 406,795. Freight moved, 12,473 tons
moved one mile, 250,754 tons. Earnings from passengers, $11,591.59; freight, etc.
$15,109.95 ; total, $26,701.54 ; operating expenses, $19,400.78. Balance— net earnings,
$7,300.76. Disposition of net earnings not given. Interest falling due during year,
$17,500.
Financial Statement, December 31, 1877. — Capital stock, $205, 000 ; funded debt,
dated February 1, 1872, 7 per cent, interest, payable February 1 and August 1, and
principal February 1, 1902, $250,000. Per contra : Cost of road, $459,039.33.
PERRY HANNAH, President Traverse City, Mich.
Treasurer— G. A. Crawford — Traverse City, Mich. | Secretary— T. T. Bates Traverse City, Mich.
PRINCIPAL OFFICE AND ADDRESS Traverse City, Mich.
41
642
RAILROAD MANUAL OF THE UNITED STATES.
GEAND KAPIDS, NEWAYGO AND LAKE SHOKE K. E.
Line of Road. — Grand Rapids, Mich., to Morgan, Mich . . .46 miles.
Sidings, etc., 4.29 miles. Gauge, 4 feet 8J inches. Rail, 50 and 56 Ibs.
This company was organized September 11, 1869, and the road opened to Newaygo
September 11, 1872, and to its present terminus September 24, 1875. It is intended
to extend the line to a junction with the Flint and Pere Marquette R. R.
Boiling Stock. — Locomotive engines, 5. Cars — passenger, 3 ; baggage, mail and
express, 2 ; freight (box, 25 ; and platform, 200), 225 — total revenue cars, 230.
Operations for year ending December 31, 1877. — Trains run — passenger, 36,290 ;
freight, 28,704; and other, 7,800— total, 72,794 miles. Passengers carried, 62,053;
carried one mile, 1,179,021. Freight moved, not stated.
Earnings.
From Passengers $35,370 63
" Freight,etc 77,25174
$112,622 37
Expenditures.
For Maintenance of Way $15,640 99
" Transportation, etc 33,086 48
$48,727 45
Balance — net earnings, $63,894.92. Payments from net earnings — interest on
funded debt, $60,080. Balance to credit at close of year, $3,814.92.
General Balance, December 31, 1877.
Construction andjEquipment $1,510,965 65
Stocks and Bonds 150,50000
Cash and Assets.
6,303 91
$1,667,769 56
Capital Stock $533,000 84
Funded Debt 776,000 00
Bills Payable, etc 358,76872
$1,667,769 56
Description of bonds issued and outstanding :
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal,
"When Due.
Amount
Author-
ized.
Amount
Issued.
Amount
Out-
standing.
First Mortgage
July 1, 1871
8
7
Jan. & July
June & Dec.
July 1, 1891
1905.
$576,000
$576,000
$576,000
200,000
Second "
Directors (elected June 18, 1876).— D. P. Clay, L. H. Randall, E. P. Fuller, and
Wm. Sears, Grand Rapids, Mich.; Ed. Bradford, Sparta, Mich.; S. K. Riblett, and W.
D. Fuller, Newaygo, Mich.; J. W. Converse, Boston, Mass. ; Chester Warner, Chi-
cago, 111.
DAVID P. CLAY, President Grand Rapids, Mich.
Treasurer— L. H. Randall Grand Rapids, Mich.
Secretary— C. Warner . . Chicago, 111.
pi(
Jhi
Supt. — A. W. Hooper Grand Rapids, Mich.
Mast. Mach.—G. H. EcklifE. . "
PRINCIPAL OFFICE AND ADDKESS Grand Rapids, Mich.
KAILROAD MANUAL OF THE UNITED STATES. 643
HECLA AND TOECH LAKE EAILEOAD.
Line of Koad,— Calumet, Mich. , to Torch Lake, Mich 4.0 miles.
Branch : Calumet to Hecla 0.5
Sidings. 2 miles. Gauge, 4 feet 1 inch. Rail, 46 Ibs.
Rolling Stock.— Locomotive engines, 4. Cars — freight (box, 4 ; platform, 18 ;
ore, 140), 162. Also, 3 snow-ploughs.
Operations for year ending December 31, 1877. — Freight trains run, 30,000 miles.
Freight moved, 350,000 tons.
The road is owned principally and is operated by the Calumet and Hecla Mining
Company. Gross earnings, $40,866.74. Operating expenses, $60,457.26.
Financial Statement, December 31, 1877. — Capital stock authorized, $150,000;
paid in, $100,000; floating debt, $73,060.93— total, representing cost of road and
equipment, $173,060,93.
ALEXANDER AGASSIZ, President Boston, Mass.
Treasurer— C. W. Seabury Boston Mass. | Secretary— John Camm Calumet, Mich.
Superintendent— -W '. A. Childs Calumet, Mich.
PRINCIPAL OFFICE AND ADDRESS Calumet, Mich.
LAKE GEOEGE AND MUSKEGON EIYEE EAILEOAD.
Line of Road. — Lake George, Mich., to Muskegon River, Mich 7 miles.
Sidings, 0.25 mile. Gauge, 4 feet 8| inches. Rail, 25 Ibs.
This road was opened February 1, 1877, and is used chiefly in the lumber business.
Rolling1 Stock. — Locomotive engine, 1. Cars — lumber, 20.
Operations, etc. — Not reported.
Financial Statement, December 31, 1877. — Capital stock, $33,406.69, represent-
ing cost of road and equipment.
E. H. HAZELTON, President Hersey, Mich.
Superintendent— Wm. Stafford Hersey, Mich. | Treasurer— W. S. Qerrish Hersey Mich.
PRINCIPAL OFFICE AND ADDRESS Hersey, Mich.
MANSFIELD, COLDWATEK AND LAKE MICHIGAN EAIL-
EOAD. (WESTEEN DIVISION.)
Line of Road. — Monteith, Mich., to Allegan, Mich 11.5 miles.
Sidings, etc., 0.5 mile. Gauge, 4 feet 8£ inches. Rail, 50 Ibs.
Organized to build a line from Mansfield, O., to Allegan, Mich. The portion in
Ohio is operated by the Pennsylvania Company. That in Michigan was opened
September, 1871, and is operated by the Grand Rapids and Indiana R. R. Co. It is
graded and ironed, but not operated, 8 miles east of Monteith.
KAILKOAD MANUAL OF THE UNITED STATES.
Rolling Stock.— Supplied by G. R. and I. R. R. Co.
Operations for year ending December 31, 1877. — Not reported. Gross earnings,
5,054.32 ; operating expenses, $7,088.06 ; net earnings, $966.26.
Financial Statement, — None furnished.
Superintendent— P. S. O'Rourke Monteith, Mich.
PRINCIPAL OFFICE AND ADDRESS Cold water, Mich.
MABQUETTE, HOUGHTON AND ONTONAGON E. E.
Line of Road. — Marquette, Mich., to L'Anse, Mich 63.10 miles.
Branches, named below 25.42 "
Total line of road owned and operated 88.52 miles.
Sidings, etc., 20.36 miles. Gauge, 4 feet 8J inches. Rail, 60 Ibs. Steel rails, 10 m.
Organized September 2, 1872, by consolidation of the Bay de Noquet and Mar-
quette, the Houghton and Ontonagon, and the Marquette and Ontouagon R. R. Cos.
The first was organized December 27, 1856, and the road opened 20 miles December
1, 1862 ; the H. and O. R. R. Co. was organized January 17, 1870 ; the M. and O. R.
R. Co. was organized February 9, 1857, and 20 miles of line opened November 17.
1865. The branches run from the main line to various mines, as follows: Republic
and Kloman mines, 11.27 miles; Saginaw, 2.95 miles ; Winthrop, 2.11 miles ; Cham-
pion, 2.20 miles; Rolling Mill and McComber, 2.31 miles; Morgan, 2.70 miles;
Lake, 1.88 miles— total, 25.42 miles.
Rolling Stock. — Locomotive engines, 30. Cars — passenger, 5; baggage, mail
and express, 4 ; freight (box, 28 ; platform, 72 ; and ore, 1,616), 1,716 — total revenue
cars, 1,725. Also, 86 service cars.
Operations for year ending December 31, 1877. — Trains run — passenger, 50,392 ;
freight, 166,256 ; and other, 96,019— total, 312,667 miles. Passengers carried, 69,413;
carried one mile, 1,170,748. Freight moved, 651,687 ; moved one mile, 15,480,079 tons.
Earnings.
From Passengers $48,96932
" Freight 610,07358
" Mail, Express, etc.. 16,749 06
Expenditures.
For Maintenance of Way $80.040 93
" Boiling Stock 62,500 65
" Transportation 187,12708
$675,731 96 I $329,668 66
Balance— net earnings, $346,063.30. Payments— interest on funded debt, $150,-
943; matured bonds paid off, $150,000; miscellaneous, $16,302.48— surplus, $29,-
760.82.
Abstract of operations for six years :
Fiscal Years.
Miles
R. E.
Passen-
gers.
Mileage.
Freight
Tons.
Mileage.
Gross
Earnings.
Net
Earnings.
1872
86.4
79,765
577,083
11 093 783
$742 299 72
$325 977 03
1873
84.4
174,955
2,788,000
744,800
1,059,673 51
445,983 92
1874
88.8
119,548
1,818,233
640,846
16,812,652
882.974 25
399,032 41
1875
88.5
87,083
1,386,303
638,970
14,081,901
718,904 32
311,474 89
1876
88.5
71,760
1,208,906
(132,794
14,236,987
680.421 92
347,687 57
1877
88.5
69,413
1,170,748
651,687
15,489,079
675^731 96
346,063 30
RAILROAD MANUAL OF THE UNITED STATES.
645
General Balance, December 31, 1877.
Construction Accoiint $7,236,272 63
Rolling Stock 1,049,812 72
Materials on Hand 45,156 54
Bills Receivable and Sundries 48,637 38
Profit and Loss 565,401 24
$8,945,280 51
Statement of funded debt in detail :
Capital Stock $2,306,600 00
Funded Debt 5,306,000 00
Coupon Scrip 589,200 00
Unpaid Interest 634,112 66
Sundry Accounts 109,367.85
$8,945,280 51
Character of Bonds.
Date of
Bonds.
Rate
p. c.
Interest
Payable.
Principal,
When Due.
Amount Out-
standing.
Marquette & Ontona. R. R. 1st Mort.
Houghton & Ontona. "
M., H. and O. " 2d "
M., H. andO. " 3d "
May 25, 1872.
June 13, 1871.
Aug. 1, 1872.
Sept. 1, 1873.
8
8
8
10
June and Dec.
Jan. and July.
Feb. and Aug.
Mar. and Sept.
June 1st, 1892.
July 1st, 1891.
Aug. 1st, 1892.
Sept. 1st. 1903.
$1,760,000
2,000,000
840,000
706,000
This company has a land grant of 10 sections (6,400 acres) for each mile of road
constructed, of which they now own 4.32,707 acres.
Directors (elected July 19, 1877). — Samuel Sloan, Moses Taylor, John Bloodgood,
John Stewart, J. J. Higginson, R. G. Rolston and E. F. Hatfield, Jr., New York City J
S. L. Smith, Lansing, Mich. ; Charles H. Palmer, Pontiac, Mich. ; George H. Jerome,
Detroit, Mich. ; and Samuel Schoch, Marquette, Mich.
SAMUEL SLOAN, President New York City.
Gen. Fgt, Agt.—W. C. Ropes Marquette, Mich.
Treas. and Sec.—E. F. Hatfield N. Y. City.
Gen. Manager — Samuel Schoch.. Marquette, Mich.
Gen. Tkt. Agt.—S. J. Little " "
Purchasing Agent — Jas. S. Mott.
Transfer Agent— 'E. F. Hatfield, Jr N. Y. City.
PKINCIPAL OFFICE AND ADDKESS 52 Wall Street, New York City.
MICHIGAN AIB-LINE BAILWAY.
Line of Road. — Ridgeway, Mich., to Shelby, Mich 20.8 miles.
Sidings, etc., 1 mile. Gauge, 4 feet 8^ inches. Rail, 52 Ibs.
The Michigan Air-Line Ry. Co. was organized August 28, 1868, to build a road from
Ridgeway to South Bend, Ind. The portion from Jackson, Mich., to South Bend was
completed, and is operated by the Michigan Central R. R. Co. The line from Ridge-
way to Shelby was sold to the St. Clair and Chicago Air-Line R. R. Co. ; but again
came into possession of this Co. through the failure of that organization, and has since
been operated by the present Co., which bought the road at foreclosure sale, Novem-
ber 18, 1875. Only 14.2 miles are operated from Ridgeway to Romeo.
Rolling1 Stock. — Locomotive engines, 2. Cars, 24.
Operations for year ending December 31,1877. — Trains run, 17,528 miles. Pas-
sengers carried, 19,050; freight moved, 12,975 tons. Gross earnings, $25,364.98;
operating expenses, $14,912.49 ; net earnings, $10,412.49. Payments, dividend, $7,-
890.53 ; surplus, $2,561.96.
646
RAILEOAD MANUAL OF THE UNITED STATES.
Financial Statement, December 31, 1877.— Capital stock, $300,000; other ac-
counts, $6,080.97. Cost of road and equipment, $300,000.
J. B. EATON, President Jackson, Mich.
Gen. Manager— M. S. Hadley Romeo, Mich. | Treasurer— P. H. Casey Romeo, Mich.
PRINCIPAL OFFICE AND ADDRESS Romeo, Mich.
MICHIGAN CENTKAL EAILEOAD.
Line of Road. — Detroit, Mich., to Chicago, 111 284.00 miles.
Leased lines as named below 519.72 "
Total length of lines owned, leased and operated 803.72 miles.
Sidings, etc., 278.1 m. Gauge, 4 feet 8-£ inches. Rail, 56 and 60 Ibs. Steel rails, 441 m.
The Michigan Central R. R. was originally undertaken by the Detroit and St.
Joseph R. R. Co., in 1836 ; but before completing any portion, the property was sold
to the State, under Act of April 22, 1837, and Commissioners were appointed for the
purpose of constructing it.
The D. and St. J. R. R. Co. was incorporated June 29, 1832, with a capital stock
of $2,200,000. Appropriations for construction were made in 1838, 1839, 1843 and
1844, and the road was completed to Kalamazoo, 144 miles, February 2, 1846. In
1846, further expenditures were prohibited and a company was chartered under the
present title, and authorized to purchase the road and franchises. The purchase was
made and the line was completed in 1852. By authority of acts of 1848 and 1855 the
leased lines have been more or less aided, and in some cases almost entirely built by
this company.
The road connects with the Illinois Central R. R. at Kensington, 14 miles from
Chicago, and uses that portion of the line jointly with that company.
Statement of mileage of main and leased lines :
Lines of Railroad.
Main Line.
2d Track.
Sidings.
Total Miles.
Michigan Central R. R
284 00
86 50
144.96
515.46
Leased Lines.
Michigan Air-Line Railroad
103 60
10.66
114.26
Jackson, Lansing and Saginaw R. R
236.00
29.85
265.85
Grand River Valley R. R
84.00
7 51
91.51
Kalamazoo and South Haven R. R
40 00
2.94
42.94
Joliet and Northern Indiana R. R
45.00
8.60
53.60
Niles and South Bend R. R
11 12
1 08
12.20
Total leased lines
519 72
60.64
580.36
Total length of line operated
803 72
86 50
205.60
1,095.82
Rolling1 Stock. — Locomotive engines, 219. Cars — passenger (12-wheel, 06 ; 8-
wheel, 11), 77 ; dining, 2 ; second class and emigrant (12-wheel, 28 ; 8-wheel, 7), 35 —
total passenger, 114 ; baggage and mail (12-wheel, 19 ; 8-wheel, 16), 35 ; freight (all
8-wheel), caboose, 117 ; stock (large, 139 ; double deck, 178, small, 172), 489 ; mer-
chandise, 1,734 ; Blue Line, 880; platform, 1,296; combination, 406; officers, etc.,
5 — total freight, 4,811. Also, 3 service cars.
RAILROAD MANUAL OF THE UNITED STATES. 647
Statement of rolling stock at close of fiscal years (May 31) 1866 to 1877 :
•
1866.
1867.
1868.
1869.
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Locomotive Engines. . .
( Passenger
97
83
97
83
98
85
100
89
100
97
128
102
163
96
210
118
210
116
211
117
213
115
219
114
Cars •< Baggage, etc. . . .
16
12
20
20
23
27
30
45
39
39
38
35
/ Freight
1,471
1 522
1,490
1,513
1,868
1,914
3,062
4,164
4,259
4,918
4,923
4.928
Revenue Cars
1,570
1,617
1,595
1,622
1,988
2,034
3,188
4,327
4,414
5,074
5,076
5,077
Wood and Repair Cars .
Hand Cars
151
120
160
120
165
130
156
140
83
112
145
215
85
112
115
175
115
110
126
113
126
113
126
113
Of the locomotives 164 are in use on the main line, and 55 on leased lines and
brandies ; 135 are coal-burners, and 83 wood-burners.
Operations for year ending May 31, 1877. — Trains run — passenger, 1,580,381 ;
freight, 3,222,726; miscellaneous, 275,184; switching, 1,669,592— total, 6,747,883
miles. Passengers carried — through (75,410 east, 108,847 west), 184,257 ; way,
1,265,879— total, 1,450,136 ; carried one mile, 93,830,515. Freight moved— through
(east, 1,015,004; west, 330,543), 1,345,647 tons; local (east, 1,164,556 ; one mile,
72,272,633 ; west; 546,183 ; one mile, 32,274,569), 1,710,739 tons ; total, 3,056,386 tons ;
moved one mile, 473,837,807 tons.
Earnings. (803.72 miles.) Expenditures.
From Passengers $2,026,265 44
" Freight 4,158,88732
" Mail 94,22004
" Express 126,266 35
Miscellaneous 92,48761
For Maintenance of Way $806,963 58
" Roiling Stock 830,231 68
" Fuel 632,80331
" Transportation 1,962,198 65
Miscellaneous ... 207,323 80
$6,498,126 76
Balance — net earnings (27.57 per cent.), $2,058,605.74.
Disposition of net earnings shown in income account.
Eeceipts.
$4,439,521 02
Balance from Previous Year $2,247,997 32
Earnings 6,498,12676
Interest, etc 145,591 14
Expenses.
Operating Expenses $4,439,521 02
Taxes 266,921 04
Interest Acc't Main and Leased Lines. 1,447,640 00
Rental 184,23000
Balance 2,553,40316
$8,891,715 22
Abstract of income account for eight years :
$8,891,715 22
1869-70.
1870-71.
1871-72.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
Balance, June 1,.
Receipts
8
800,0&3
4,677,158
$
895,722
5,107,156
I
894,521
5,528 306
I
899,890
5 832 067
$
724,966
6 344 079
$
1,582,264
5,520,907
8
1,639,765
6,105,673
$
2,247,997
6,643,718
Total.
5,477,191
6,002 879
6 422 827
6 731 957
7 069 045
7 103 171
7,745,438
8,891,715
Expenses, etc
Interest, etc
3,013,914
276,763
3,538,204
160.848
3,719,349
264 955
4,247,037t
140 953
4,479,786
631 104
4,140,769
891,597
3,990,085
891,650
4,706,442
1,447,640
Dividends — July. .
575,110
661,385
733,285
899,345
Jan . .
616,485
689,365
767 770
719 656*
U.S.TaxonDiv'ds
55,356
36,169
37,578
" " " Rec'ts
43,839
22,385
Branch Roads, etc
375,891
431,040
326,518
184,230
Balances, May 31 .
895,722
894,521
899,890
724,966
1,582,264
1,639,765
2,247,997
2,533,403
Total
5,477,191
6,002,879
6 422 827
6 731 957
7 069 045
7 103,171
7,745,438
8,891,715
* 4 per cent, scrip.
t Including loss in operating branches.
648
EAILROAD MANUAL OF THE UNITED STATES.
The earnings and expenses of the various divisions operated by the company are
not given for the past year.
The interest account of the funded debt, main line, was $769,440 ; leased lines,
$678,200 ; rental, $184,230.
Abstract of operations, all lines, for seven years (May 31) :
1870-71.
1871-72.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
Miles Operated
586.12
719.12
798.12
800.72
800.72
803.72
803.72
Trains Run (Miles)
3,204,774
3,302,478
3,992 871
5,116,005
5,015,615
6 617,430
6,747,883
Pas'gers Carried
814 494
774349
852 353
877 446
831 489
1 526 436
1 450 136
" 1 Mile..
86,847,889
93,830,515
Fr't Moved (Tons)..
1,105,875
1,238,313
1,416 792
1,593,954
1,641 280
2,686,248
3,056,336
" 1 Mile
Passenger Earnings
Freight "
Gross "
Net "
190,606,687
$
1,912,278
3,329,631
5,420,123
1,559,112
216,739,727
$
2,114,066
4,046,199
6,441,413
1,977,637
246,078,512
$
2,367.182
4,652,874
7,302,118
2,315,183
313,401,088
$
2,360,949
4,918,962
7,634,082
2,110,439
318,366,003
$
2,318,999
4,447,839
7,102,286
2,034,189
396,046,422
$
2,318,233
4,417,276
6,850,964
2,048,062
473,837,807
$
2,026,265
4,158,887
6,498,127
1,791,685
In the above table, the number of passengers and tons of freight moved, prior to
1875-76, is given for the main line only. In all the other figures, the operations of
all lines are included.
The average rate of freight per ton per mile for the fiscal year was .00.88 cents
against .01.03 in 1876, .01.16 in 1875, .01.29 for 1874, .01.57 for 1873, .01.98 for 1870,
and .03.06 for 1865. At the rates of the previous year, with the same amount of ton-
nage, the freight earnings would have been greater by $458,457.90.
The Air-Line Road, so-called, from Jackson to Niles, 103.6 miles, was mainly
built by this company, and is operated under lease on condition of payment of inter-
est on the construction bonds and of principal when due. It is operated as an essential
part of the company's main line, being equivalent to a double track for that distance.
The rental paid for the Grand Riv^r Valley R. R. is the interest on its bonds and 5
per cent, on $492,000 stock ; for Jackson, Lansing and Saginaw R. R. interest on its
bonds, and after 1874, $70,000 additional ; for Joliet and Northern Indiana R. R. 8
per cent, on estimated cost, being $89,000 per year ; for Kalamazoo and South Haven
R. R. interest on bonds.
Statement of tonnage, earnings, etc., all lines, for six years :
Year Ending May 31.
Tonnage.
Earnings from
Freight.
Rate per Ton
per Mile.
Total Expenses
of Operation.
1872
1,708,964
$4,096,198 76]
l.86/ioo cents
$4,447,803 46
1873
1.999,671
4.652,873 82
l.57/10f '
4,989,955 46
1874 .
2,186,786
4,908,961 93
1.2V,OC '
5.523,642 39
1875..
2,375,496
4,447,838 69
l.«/IOfl '
5,068,097 76
1876..
2,686,248
4,417,275 57
1.12/100 '
4,802.90-2 23
1877..
3,056,386
4,158,887 32
0-88/iot '
4,700,422 06
BAILROAD MANUAL OF THE UNITED STATES. 649
The separate traffic of the Branch Lines has increased from 470,651 tons moved
in 1872, to 927,287 tons moved in the last year.
An arrangement was made daring the year with the Jackson, Lansing and Sagi-
naw R. R. Co. by which the entire net proceeds of the land grant, amounting to about
500,000 acres, and all the proceeds of land sold, amounting to about $300,000, and yet
to be paid, will be applied to extinguish the bonds of that company, for which by the
terms of the lease the M. C. R. R. Co. was liable.
This arrangement will diminish the amount of rent, payable in the form of in-
terest annually, by the full amount realized in each year from the lands. During
the last year there were paid and cancelled $140,000 of bonds.
At the close of the fiscal year there were to the credit of the first sinking fund
$1,364,788.92, and of the second, $434,488.06.
The first sinking fund is represented by $511,500 bonds, and $10,100 stock of the
M. G. R. R. Co. ; $191,000 bonds of Burlington and Missouri River R. R. Co. ; $146,-
000 of Chicago and Michigan Lake Shore R. R. Co. ; $140,000 of Jackson, Lansing
and Saginaw R. R. Co. ; $105,000 of Joliet and Northern Indiana R. R, Co. ; $98,800
of U. S. ; $40,500 of C.,B. & Q. R. R. Co.; and the remainder in various railroad
bonds. In the second sinking fund are $166,500 bonds and $3,200 stock of the M. C.
R. R. Co. ; $63,000 bonds B. and Mo. River R. R. Co. ; $56,000 J., L. and S. R. R.
Co. ; $32,000 Joliet & N. Ind. R. R. Co. ; $37,000 U. S. bonds ; $31,000 Ch. and Mich.
Lake Shore R. R. ; and the remainder in other stocks and bonds.
General Balance, May 31, 1877.
Construction Account $28,285,746 50 i Capital Stock $18,738,204 00
Branches and Leased Lines 4,630,229 33 j Funded Debt... 11,291,00000
Materials on Hand 229,035 83 i Air-Line Mortgage Bonds 1,900,000 00
Detroit and Bay City R. R 248,831 78 j Bills Payable 407,213 18
Sundry Securities 720,578 80 I Income Account 2.553,403 16
Trustees' Equipment Bonds 545,245 82
C. & M. L. S. R. R. Co .. 97,840 19
Suudry Accounts and Dues 24,752 33
Cash on Hand 107,56039
$34,889,820 97
$34,889,820 97
There are in the sinking funds $678,000 of the bonds due in 1882. The assumed
bonds of the leased lines, all bearing 8 per cent, interest, are as follows :
Michigan Air-Line $1,900,000
" " South Bend Div 200,000
Grand River Valley 1,500,000
Kalamazoo and South Haven $710,000
Jackson, Lansing and Saginaw 4,107,000
Total $8,417,000
The guaranteed bonds of the Detroit and Bay City R. R. Co. amount to $424,000
8 per cent, bonds, due in 1902 and 1903.
650
KAILBOAD MANUAL OF THE UNITED STATES.
Statement of funded debt in detail, May 31, 1877 :
Description
of Bonds.
Funded Debt.
Interest, Rents, etc.
§ a>
A 3
£P
Rate
of
Int.
Amount.
"oD
T-l
a
05
»-3
March 1st.
00
TH
>»
cj
&
•u
•
1-1
j>>
3
^
,43 J3
— -*-3
o__o
TI'OTH
§3t
1-3 (-B
&
i— i
-M
&
02
«•
93 4J
~v3
a«tJ
< 0
^
i— i
i
&
Total.
Main Line.
M'jre Loan
1st S. Fund....
2dS. Fund....
Lesepd.&inh.
of S.F. Tr's.
Outstanding. . .
1882
1882
1882
8
8
8
$
556,000
1,508,000
671,000
$
$
$
$
$
$
$
$
S
2,735,000
678,000
82,280
22,240
164,560
44,480
560,000
152,000
16,000
80,000
40,000
24,560
51,200
5,600
102, 160
11,360
54,960
160.080
70,000
750
89,000
21,920
12,000
2,057,000
Equ'ment .
1883
1902
1890
1890
1886
1879
8
7
8
8
8
8
556,000
8,000,000
1,900,000
200,000
1,000,000
500,000
Cons
280,000
280,000
Air Line
76,000
76,000
Leased Lines.
Mich. Air Line
G. R. V.— 1st.
G. R. V.— 2d..
G. R. V.— Rnt.
K.&So.H.— 1st
K.&So.H.— 2d
J.L.&Sag.-lst
J.L.&Sas:.— 2d
J.L.&Sag.N.E.
J.L.&Sag.Con.
J.L.&Sag.Rnt.
J.L.&Sag.Exp.
Jol.&N.I.Rnt,
Guaranteed.
Det&B.C.-lst
Det.&B.C.-Br.
Total . ..
8,000
8,000
40,000
40,000
20,000
20,000
12,280
12,280
1890
1890
1885
1878
1890
1891
8
8
8
8
8
8
640,000
70,000
1,277,000
142,000
687,000
2,001,000
25,600
2,800
25.600
2,800
51,080
51,080
5,680
'27,480
5,680
'27,"486
80,040
35000
80,040
35,000
375
. ...
375
44,500
1902
1903
8
8
274,000
150,000
10,960
10,960
6,000
6,000
19,454,000
179,360
141,095
360,840
179,360
89,000
141,095
209,040
360,840
1,660,630
Abstract of funded debt for eight years :
1869-70.
1870-71.
1871-72.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
6s, d. J. 1, '72 (stg)
S
467,489
S
467,489
S
467,489
S
S
$
$
S
8s, due Sept 1, '69
4,000
8s, due Oct. 1, 1882
8s, d.O.l,'82(S.F.)
7s,d.M.l,1902(c.m)
567,000
2,591,500
563,000
2,294,500
558,000
2,208,500
1,075.250
556,000
2,179,000
7.000,000
556,000
2,179,000
8,000,000
556.000
2,179;000
8000,000
556,000
2,179,000
8.000,000
556,000
2,179,000
8,000.000
8s, Eqt. d. A.I, '83,
600,000
600,000
556,000
Total (as above).
A.L.R.R.d.J.l,'90.
3,629,989
3,324,989
1,900,000
4,309,239
1,900,000
9,735,000
1,900,000
10,735,000
1,900,000
11,335,000
1,900,000
11,335,000
1,900,000
11,291,000
1,900,000
These bonds, except those of the Air-Line Railroad, are convertible into the com-
pany's capital stock.
RALLROA.D MANUAL OF THE UNITED STATES.
651
Abstract of general balances at close of each of last eight years :
1869-70.
1870-71.
1871-72.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
Capital Stock...
Funded Debt. . .
M. A. L. Bonds.
$
13,225,848
3,629,989
8
14,665,848
3.324.989
1,900,000
$
17,987,048
4,309,239
1,900,000
9
18,738,204
9,735,000
1,900,000
$
18,738,204
10,735,000
1,900,000
$
18,738,204
11,335,000
1,900,000
$
18,738,204
11,335,000
1,900,000
8
18,738,204
11,291,000
1,900,000
Money Borro'd.
128,817
J.L.&S.R.R.Co.
73,968
72,065
22,065
Sundry Acc'ts
8 264
8 402
4901
49 243
57742
55,787
92,788
Bills Payable...
jo. &L.R.R.CO.
69,600
97,569
104,064
381,993
80,982
1,055,455
770,015
856,521
407,214
F.W.,M>C.R.R.
24,830
Dt.&B.C.R.R.C.
16,147
Income Bui.. .
895,793
894521
899,890
724,966
1,582,264
1,639,765
2,247,997
2,553,403
Total
17 926,993
21,051,471
25,557,039
31,316,607
34,141,728
34,438,771
35,170,771
34,889,821
Construction.. .
Cash and Loans.
Materials
16,264,716
396,179
248,674
16,724,868
75,587
399.134
19,105,600
898,232
633,010
24,536,881
803,725
624,024
26,992,518
342,775
270,489
27,663,325
66,649
225,299
27,986,865
222,196
533,295
28,285,746
107,560
229,036
Assets
353,386
340 994
578983
536,729
1,119,434
718,975
1,309,078
720,579
J and N Stock
168225
168225
168 225
168,225
168,225
168,225
Land j Chicago
168,294
168294
168 294
168,294
168,294
168,294
Acct ( Jackson
23911
23 911
23 911
23,911
23,911
23,911
Sundry Acc'ts...
C.&M.L.S.R.R.
49,171
52,908
6,650
160,974
103,436
42,235
29,024
464,467
85,170
206,678
107,840
24,752
97,840
J.,L. & Sag. Bs
42,735
" Stks.
105,000
105,000
273,580
273,610
276,730
276,730
Gr.R.V.R.R.Co.
M. A. L.R.R.Co.
148,347
1,090
618,309
2,281,459
706,938
2,634,911
818,341
2,698,847
909,166
2,782,322
917,101 ]
2,806,770
K.&S H.R. R.C
39,188
84,663
105,308
160,725
114,935 [•
4,588,204
4,630,229
J.& N.I.R.R.Co.
4,208
9,004
11,955
22,536
39,169 1
J.,L.&S.R.R.Cn
110,714
443,321
761,041
696,977 J
D. H. & I.Bons.
12,825
8,475
Dt.&B.C.R.R.C.
216,354
248,832
Eqt. BondTr.. .
545,246
Total.
17,926 993
21 051 471
25 557 039
31 316 607
34 141 728
34 438 771
35 170,510
34 889 821
The fiscal year of the road has been changed to correspond with the calendar year,
For the seven months ending December 31, 1877, the earnings were from passengers,
$1,203,375.24 ; from freight, $2,516,686.21 ; miscellaneous, $183,452.45— total, $3,903,
513.90. Operating expenses, $2*401,760.12; net earnings, $1,501,753.78. Payments
—taxes, $189,255,27 ; balance, net income (7 months), $1,312,498.51. For the corre-
sponding period of 1876, the gross earnings were $3,822,197.84— a gain of $81,316.06;
operating expenses (1876), $2,635,541.24— a saving for 1877 of $233,781.12 ; increase
of net earnings, less taxes, $279,275.92.
The suit between this company and the Joliet and Northern Indiana R. R. Co.
has been settled by the acceptance of these 7 per cent, bonds, guaranteed, in lieu of
the 8 per cents., due July 10, 1874.
Bonds of the Jackson, Lansing and Saginaw R. R. have been purchased to the
amount of $63,000. This is the only change in the funded debt since June 30. The
floating debt has been extinguished, and a dividend of 2 per cent., payable June 1,
1878, has been declared.
Directors (elected June 25, 1877).— Samuel Sloan, Moses Taylor, Geo. F. Tal-
man, New York City ; Dexter Richards, Concord, N. H. ; Isaac Bell, John Jacob Astor,
R. G. Rolston, New York City ; Edward Austin and Nathaniel Thayer, Boston, Mass.
652 EAILEOAD MANUAL OF THE UNITED STATES.
SAMUEL SLOAN, President New York City.
Treasurer— Benj. Dunning New York City.
Secretary -R. G. Rolston :. • "
Cashier— J. E. Griffith Detroit.
General Manager— H. B. Ledyard
Asst. Supt.—E. C. Brown Jackson.
Auditor— D. A. Waterman Detroit.
Chief Engineer— E.. A. Gardner
Master Mechanic— S. H. Edgerley Jackson.
General Agent— R. C. Wentwprth Chicago.
Gen. Freight Agent — J. A. Grier "
Western Pass. Agent— J. D. Foster "
Eastern Pass. Agent — A. J. Harlow New York.
Supt. Car Department— R. "Miller Detroit
Purchasing Agent— Allan Bourn '•
PRINCIPAL OFFICE AND ADDRESS Detroit, Mich.
Financial and Transfer Office 26 Exchange Place, New York.
GRAND RIVER YALLEY RAILROAD.
This road was chartered in 1840, and was opened throughout its entire length in
the spring of 1870. It extends from Jackson to Grand Rapids, Mich., 82.4 miles, with
7.51 miles of sidings. The Michigan Central R. R. Co. pay the interest on its bonds,
and 5 per cent, dividend on $492,000 of stock.
Rolling Stock. — Furnished by lessees.
Operations. — Not reported by lessees. As given to Railroad Commission for
year ending December 31, 1876, they were : Trains run — passenger, 127,065 ; freight,
etc., 126,065 — total, 258,130 miles. Passengers carried, 137,689 ; carried one mile,
5,101,389. Freight moved, 96,824 ; moved one mile, 6,380,330 tons. Earnings from
passengers, $133,691.40 ; from freight, $132,215.73 ; other sources, $22,576.65— total
earnings, $288,483.78. Operating expenses, $221,254.57; net earnings, $67,229.21.
Interest and rent account, $144,560 ; deficit, $77,330.79.
Financial Statement, January 1, 1877.— Capital stock authorized, $1,000,000 ;
paid in and guaranteed 5 per cent., $491,200 ; 1st mortgage 8 per cent, bonds (assumed
by lessees), payable July 1, 1886, $1,000,000 ; and 2d mortgage 8 per cent, bonds
(guaranteed by lessees), $500,000 — total stock and bonds, $1,991,200. Cost of road,
$2,840,031.66.
AMOS ROOT, President Jackson, Mich.
JACKSON, LANSING AND SAGINAW RAILROAD.
This company was organized February 24, 1865, and purchased the incomplete
Amboy, Lansing and Traverse Bay R. R., on which construction was begun in 1857,
and which had been opened from Owasso to Lansing in 1863. It was opened to
Standish, 14.4 miles, in July, 1871 ; and September 1, 1871, was leased to the Michi-
gan Central R. R. Co., by which it is operated. It was completed to its present ter-
minus July, 1873. It extends from Jackson to Gaylord, Mich., 233.6 miles, with 29.85
miles of sidings. By the terms of the lease the lessees pay interest on the company's
bonds, and $70,000 annually. The company has also a land grant, and the proceeds
of sales are applied to the payment of the bonds.
Rolling Stock. — Furnished by lessees.
KAILKOAD MANUAL OF THE UNITED STATES. 653
Operations. — Not reported by lessees. As given by Eailroad Commissioner for
year ending December 31, 1876 : Trains run — passenger, 147,769 ; freight, etc., 261,-
191_total, 408,960 miles. Passengers carried, 276,208 ; carried one mile, 7,842,812.
Freight moved, 333,095 ; moved one mile, 18,830,455 tons. Earnings from passen-
gers, $212,665.90; from freight, $421,866.62; other sources, $27,440.49— total, $661,-
973.01. Operating expenses, $425,821.86 ; net earnings, $236,151.15 ; interest and
rental, $409,510 ; deficit, $173,358.85.
Financial Statement.— Capital stock authorized, $2,500,000; paid in, $1,966,800 ;
The Michigan Central R. R. furnished $698,132.91 to the construction of the road,
which cost to December 31, 1876, $6,918,022.91. The total funded debt, June 1, 1877,
was $4,101,000.
The details of funded debt are given in lessees' report.
H. A. HAYDEN, President Jackson, Mich.
JOLIET AND NOKTHEKN INDIANA EAILKOAD.
This road was opened in 1854, and extends from Lake Station, Ind., to Joliet, 111.,
45 miles, with 8.60 miles of sidings. It is leased to and operated by the Michigan Cen-
tral R. R. Co. at an annual rental of $89,000, and is regarded as a portion of that
Co.'s line. No report of operations or financial condition is ever given. According to
the report of the R. R. Commissioners of Illinois for the year ending May 31, 1875,
the gross receipts were $127,711.86. No other or later details are given.
Officers, etc., same as Michigan Central R. R. Co.
KALAMAZOO AND SOUTH HAYEN KAILKOAD.
This company was organized April 15, 1869, and the road opened January 2, 1871.
^t extends from Kalamazoo to South Haven, Mich., 40 miles, with 2.94 miles of
sidings. It was leased on opening to the Michigan Central R. R. Co. , the lesseee pay-
ing interest on the funded debt.
Rolling1 Stock. — Furnished by lessees.
Operations for year ending December 31, 1876.— Trains run, 52,489 miles. Pas-
sengers carried, 44,715 ; carried one mile, 552,155. Freight moved, 27,460 ; moved
one mile, 644,661 tons. Gross earnings, $53,563.27 ; operating expenses, $46,355.87—
net earnings, $7,207.40. Interest payments, $56,800 ; deficit, $49,592.60.
Financial Statement, January 1,1877. — Capital stock, $75,000; funded debt,
1st mortgage 8 per cent, bonds, due November 1, 1890, interest May 1 and November
1, $640,000; 2d mortgage 8 per cent, bonds, due November 1, 1892, $70,000— total
bonds, $710,000. Cost of road, $899,935.24 ; advanced by lessee, $114,935.24.
•
ALLEN POTTER, President Kalamazoo, Mich.
654
RAILROAD MANUAL OF THE UNITED STATES.
MICHIGAN AIE-LINE KAILROAD.
Tins company was organized August 25, 1868, and road opened to Niles, Feb-
ruary, 1871. October 11, 1870.it was consolidated with the St. 'Joseph Valley R. R.,
and since completion has been leased and operated by the Michigan Central R.
R. Co., which uses the road as a portion of its main line. It extends from Jackson to
Niles, Mich., 103.6 miles, with 10.66 miles of sidings, with a branch to South Bend,
Ind., 11. 12 miles.
Rolling Stock,— Furnished by M. C. R. R. Co.
Operations. — Not reported by lessees. According to report of R. R. Commis-
sioners for year ending December 31, 1876, they were as follows : Trains run, 213,513
miles. Passengers carried, 127,334 ; carried one mile, 2,331,825. Freight moved,
59,922 ; moved one mile, 2,237,415 tons. Earnings from passengers, $61,361.28 ; from
freight, etc., $69,828.83— total, $131,190.11.
Financial Statement, January 1, 1877. — Capital stock authorized, $4,000,000 ;
paid in, $350,000. Funded debt, $1,900,000. Cost of road, $3,115,827.41.
J. B. EATON, President Jackson, Mich.
MICHIGAN LAKE SHOKE KAILROAD.
Line of Road.— Allegan, Mich., to Muskegon, Mich 57.5 miles.
Sidings and other tracks, 3.5 miles. Gauge 4 feet 9^ inches. Rail, 50 Ibs.
This company was organized February 16, 1869, and the road opened July 10,1870.
It was placed in the hands of a Receiver December 5, 1873.
Rolling Stock. — Locomotive engines, 3. Cars — passenger, 3 ; baggage, 1 ; freight,
98 — total revenue cars, 102.
Operations for year ending December 31, 1877. — Trains run — passenger, 35,880 ;
freight, etc., 36,110 — total, 71,990 miles. Passengers carried, 50,767; carried one
mile, 933,200. Freight moved, not reported. Earnings from passengers, $22,778.40 ;
freight, etc., $33,190.97— total, $55,969.37. Operating expenses, $41,586.95 ; net earn-
ings, $14,382.42.
General Balance, December 31, 1877 :
Construction $1,341,424 76
Equipment, etc 126,961 24
$1,478,385 00
Statement of funded debt in detail :
Capital Stock $450,000 00
Funded Debt 880,000 00
Receiver's Certificates 1 48,385 00
1,478,385 00
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal
Payable.
Authorized.
Issued.
First Mortgage
1869.
8
Jan. and July.
1889.
$880,000
$880,000
EAILROAD MANUAL OF THE UNITED STATES. 655
Directors.— T. D. Messier, W. Thaw, J. N. McCullough, Pittsburg ; T. A. Scott,
Philadelphia ; G. W. Cass, S. G. Tillou, N. Y. City ; E. P. Ferry, Grand Haven, Mich. ;
L. G. Mason, Muskegoii, Mich. ; James Fish, Allegan, Mich.
T. D. MESSLER, President Pittsburg, Pa.
Receiver & Supt.—D. P. Clay Grand Rapids. | Auditor—!?. Rand Grand Rapids.
Treasurer and Secretary— W. R. Shelby Grand Rapids, Mich.
PRINCIPAL OFFICE AND ADDRESS Grand Rapids, Mich.
MICHIGAN", MIDLAND AND CANADA KAILEOAD.
Line of Road. — St. Clair, Mich., to Ridgeway, Mich 15 miles.
Sidings, 0.96 mile. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
Rolling1 Stock. — Locomotive engine, 1. Cars — passenger, 1 ; baggage, 1 ; freight, 8.
Operations for year ending December 31, 1877. — Earnings from passengers, $4,-
216.84 ; freight, etc:, $1,731.58— total, $5,948.42. Operating expenses, $5,248.27.
Financial Statement, December 31, 1877.— Capital stock, $300,000 ; funded debt,
$322,635, 1st mortgage 7 per cent, bonds, due 1890 — total stock and bonds, $622,635.
Cost of road and equipment, $596,994.14.
J. TILLING ii AST, President New York City.
Sec. and Treas.—C. F. Cox New York City. | Gen. Supt.—B. W. Gossage St. Clair, Mich.
PRINCIPAL OFFICE AND ADDRESS St. Clair, Mich.
MINEEAL EANGE EAILEOAD.
Line of Road. — Hancock, Mich., to Calumet, Mich 12.5 miles.
Sidings and other tracks, 1.8 mile. Gauge, 3 feet. Rail, 35 Ibs. Steel rail, 1.83m.
Organized November 3, 1871. Opened August, 1873.
Rolling Stock. — Locomotive engines, 3. Cars — passenger, 4; baggage, etc., 1;
freight (box, 8 ; p^tform, 15), 23 — total revenue cars, 28. Also, 4 service cars.
Operations for year ending December 31, 1877. — Trains run — passenger, 26,525 ;
freight, etc., 19,404 — total, 45,929 miles. Passengers carried, 48,042 ; carried one
mile, 539,692. Freight moved, 102,949 tons; moved one mile, 1,128,460. Earnings
from passengers, $26,496.35; from freight, etc., $66,970.44— total, $93,466.79; oper-
ating expenses, $59,395.60. Balance — net earnings, $34,071.19. Payments from net
earnings — dividend (10 per cent, in stock), $11,640 ; interest, $22,310.09. Balance to
credit at close of the year, $1,121.10.
General Balance, December 31, 1877.
Construction Account $324,283 57
Cost of Rolling Stock 56,751 00
Bills Receivable, etc 37,582 05
Cash and other Assets 23,174 68
$441,791 30
Capital Stock $129,375 00
FundedDebt 200,00000
Bills Payable and Accounts 83, 197 59
ProfitandLoss 29,218 71
$441,791 30
656 RAILROAD MANUAL OF THE UNITED STATES.
Statement of funded debt in detail :
Character of Bonds.
Date of
Bonds.
Rate
p. c.
Interest
Payable.
Principal,
When Due.
Amount
Authorized.
Amount
Issued.
Amount
OutstancTg.
First Mortgage
Junel. 1873.
8
June & Dec.
1888.
$200,000
$200,000
$200,000
Directors (elected July 10, 1877).— Charles E. Holland, M. L. Cardell, Jacob Baer,
M. M. Moralee, Peter Ruppe, Jas. A. Close and J. H. Chandler, Hancock, Mich.; R.
M. Hoar, Jay A. Hubbell, J. R. Devereaux and William Harris, Houghton, Mich.
CHARLES E. HOLLAND, President and Supt Hancock, Mich.
R. M. Hoar, Vice- President Houghtou, "
Treas. and Sec. — A. H. Viele Hancock, Mich.
Road Master— John McKay "
Supl. Bridges— C. Angie ''
Master Machinery— G. F. ,Coon Hancock, Mich.
Master Car Eepairs—O. Hoxon. . . "
Fgt. and Trans. Agt.—A. H. Viele.
PRINCIPAL OFFICE AND ADDRESS Hancock, Mich.
PAW PAW KAILEOAD.
Line of Road. — Paw Paw, Mich., to Lawton, Mich 4 miles.
Sidings, 0.25 mile. Gauge, 3 feet. Rail, 56 Ibs.
This company was organized September 16, 1857, and road opened October, 1867.
The gauge was changed during the year, and the road is operated in connection with
the Toledo and South Haven R. R.
Rolling Stock. — Locomotive, 1. Cars — passenger, 1 ; freight 1 — total, 2 cars.
Operations for year ending December 81, 1877. — Train mileage, 10,016 miles ;
passengers carried 17,104 ; carried one mile, 68,416. Freight moved, 4,272 tons ;
moved one mile, 18,088 tons. Gross earnings, $9,728.65 ; operating expenses,
$8,210.94. Balance— net earnings. $1,517.71. Interest paid, $1,500.
Financial Statement, December 31, 1877. — Capital stock paid in, $75,000; funded
debt, $15,000— total stock and bonds, $90,000. Cost of road and equipment, $86,500.
EDWIN MARTIN, President Paw Paw, Mich.
Secretary — J. C. Ford Lawton, Mich. | Treasurer— C. A. Harrison Paw Paw, Mich.
Superintendent— J . Ihling Lawton, Mich.
PRINCIPAL OFFICE AND ADDRESS Paw Paw, Mich.
SAGINAW VALLEY AND ST. LOUIS (Mich.) EAILKOAD.
Line of Road. — Saginaw, Mich., to St. Louis, Mich 34.38 miles.
Sidings and other tracks, 2.8 miles. Gauge, 4 feet 8£ inches. Rail, 50 Ibs.
Organized May 18, 1871. Opened December 20, 1872.
The company lease 5.68 miles of the J., L. and S. R. R., from Junction to St.
Louis.
KAILROAD MANUAL OF THE UNITED STATES.
657
Rolling Stock.— Locomotive engines, 4. Cars — passenger, 2 ; baggage, etc., 2 ;
freight (box, 10 ; and platform, 40), 50 — total revenue cars, 54. Also, 10 service cars.
Operations for year ending December 31, 1877.— Trains run— passenger, 31,150 ;
freight etc., 21,910 miles— total, 53,060. Passengers carried, 35,897 ; carried one
mile, 908,039. Freight moved, 35,964 ; moved one mile, 1,042,655 tons. Earnings
from passengers, $26,935.37; from freight, etc., $61,548.04— total, $88,483,41.
Operating expenses, $30,964.70. Balance — net earnings, $57,518.7. Payments from
net earnings — interest on funded debt, $23,750.94.
General Balance, December 31, 1877.
Road and Equipment $806,564 21
Materials, etc 4,316 21
Cash on Hand 37,326 62
$848,207 04
Statement of funded debt in detail :
Capital Stock $264,804 01
Funded Debt 446,000 00
Profit and Loss, etc 137,403 03
$848,207 04
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal,
When Due.
Amount
Authorized.
Amount
Outstanding.
May 1, 1872
8 p. c.
May and Nov.
May 1, 1902
$450,000
$446,000
Directors (elected July 11, 1877). — Loton H. Eastman, Joseph E. Shaw, East
Saginaw, Mich. ; David H. Jerome, A. W. Wright, Amasa Rust, James Hay, T.
Jerome, B. Hanchett, George F. Williams, Newell Barnard, and Ezra Rust, Saginaw,
Mich.; H. L. Holcomb, St. Louis, Mich. ; George Jerome, Detroit, Mich.
D. H. JEROME, President Saginaw, Mich.
Geo. F. Williams, Vice-Present " "
Secretary— E. Rust Saginaw, Mich. | Superintendent— T$. W. Merrill — Saginaw, Mich.
Treasurer— A. W. Wright Saginaw, Mich.
PRINCIPAL OFFICE AND ADDRESS Saginaw, Mich.
TOLEDO, CANADA SOUTHERN AND DETROIT RAILWAY.
Line of Road. — Toledo, O., to Detroit (G. T. Junction), Mich 54 5 miles.
Sidings, etc., 9.01 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs. Steel rails, 3. 47 miles.
Organized July 10, 1872, and road opened September 1, 1873. Formed by con-
solidation of the Detroit and State Line, and Junction of Ohio R. R. Cos.
Rolling1 Stock. — None owned.
Operations for year ending December 31, 1877.— Trains run, 343,100 miles. Pas-
sengers carried, 193,585; carried one mile, 3,802,205. Freight moved, 664,508;
moved one mile, 19,355,415 tons.
42
658
RAILROAD MANUAL OF THE UNITED STATES.
Earnings.
From Passengers $87,373 '80
u Freight, etc 155,822 32
$243,256 12
Expenditures.
For Maintenance of Way $75,043 78
" Transportation, etc 522,577 78
$297,621 56
Balance — deficit, $54,365.44. Paid for line of equipment, $72,932.17— total,
$127,297.61.
General Balance, December 31, 1877.
Construction $2,963,95326
Interest
Income Account.
452,471 78
221,198 13
$3,668,419 68
Statement of funded debt in detal :
Capital Stock $1,547,662 50
Funded Debt 1,500,00000
Bills Payable, etc 200,477 18
Coupons Unpaid 420,28000
$3,668,419 68
Character of Bonds.
Date.
Rate.
Interest
Payable.
Principal
Payable.
Authorized.
Out-
standing.
First Mortgage
Aug 1, 1872
7 gold.
Jan and July
July 1 1906
$1 500 000
$1 500 000
Directors (elected June, 1877).— James Tillinghast, Buffalo, N. Y. ; W. L. Scott,
Erie, Pa. ; G. W. Davis, Toledo, O. ; S. F. Barger, E. D. Worcester, Sidney Dillon,
Augustus Scliell, E, A. Wickes, Joseph Harker, New York City.
JAMES TILLINGHAST, President Buffalo, N. Y.
Gen. Manager— W.IK. Muir St. Thomas, Ont.
Treasurer — M. H. Taylor " "
Secretary — N. Kingsmill Toronto, Ont.
Gen. Freight Agent— W. H. Leroy.. Buffalo, N. Y.
PRINCIPAL OFFICE AND ADDRESS St. Thomas, Can.
Transfer Office 13 William Street, New York City.
TOLEDO AND SOUTH HAYEN EAILEOAD.
Line of Road. — Paw Paw, Mich., to Lawrence, Mich 9 miles.
Sidings, 0.5 mile. Gauge, 3 feet. Rail, 35 Ibs.
This road was opened in 1877, and is operated in connection with the Paw Paw
R. R. No separate report is furnished.
I. IHLING, Superintendent Paw Paw, Mich.
PRINCIPAL OFFICE AND ADDRESS Paw Paw, Mich.
BAILKOAD MANUAL OF THE UNITED STATES.
659
STA.TE OF
Area, 33,809 square miles. Population, 1,901,719. Assessed valuation, $860,609,641.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Tracks.
Length of Lines.
Total.
Indiana.
Ft. In.
1. Anderson, Lebanon and St. Louis 4:9
2. Baltimore & Ohio & Chicago (Bait. & O.).[0hio 4 : 9^
3. Bedford, Springville, Owensburg & Bloomfield 3 :
4. Cairo and Vincennes [Illinois 4 : 9
5. Carbon and Otter Creek (Ind's and St. Louis).. . 4 : 8X
6. Chicago, Cincinnati and Louisville 4 . 8X
7. Chicago, Danville & Vincennes (C. & E. 111.). [111. 4 : 9
8. Chicago and 111. Southern (Mt. Ver. to Big Ck. 4 : 8%
9. Chicago and Lake Huron [Mich. 4 : 8%
10. Cin., Hamilton & Ind's (Cin., H. & D'n) . . [Ohio 4 : 10
11. Cincinnati, Lafayette and Chicago [Illinois 4:8%
12. Cincinnati, Richmond and Fort Wayne.. [Mich. 4 : 8%
13. Cincinnati, Kockport and Southwestern 4 : 8%
14. Cincinnati and Terre Haute 4:9
15. Cincinnati, Wabash and Michigan 4 : 8%
16. Cleveland, Columbus, Cin. and Ind's [Ohio 4 : 9J^
17. Columbus, Chicago and Indiana Central 4 : 9>ft
18. Eel River (late Detroit, Eel River and Illinois). 4 : 8/£
19. Evansville and Terre Haute 4 : 8%
20. Evansville, Terre Haute and Chicago 4:9
21. Fairland, Franklin and Martinsville 4 : 8%
22. Fort Wayne, Jackson and Saginaw [Mich. 4 : 816
23. Fort Wayne, Muncie and Cincinnati 4 : 814
24. Frankfort and Kokomo 4 : 8-#
25. Grand Rapids and Indiana [Michigan 4 : 9/£
26. Havanna, Rantoul and Eastern [Illinois 3 :
27. Indiana, North and South 4 : 8%
28. Indianapolis, Bloomiugton and Western. ..[111. 4 : 8#
29. Indianapolis, Cincinnati and Lafayette 4 : 8#
30. Indianapolis, Decatur and Springfield [111. 4 : 9
31. Indianapolis, Delphi and Chicago ; 4 : 8#
32. Indianapolis, Peru and Chicago 4 : 8#
M.
19.39
262.60
41.36
157.00
1.60
71.47
137.90
5.00
232.00
98.40
55.50
91.50
25.50
26.02
109.17
391.62
580.55
95.00
130.88
55.28
38.30
100.00
104.18
25.50
332.10
52.00
12.75
333.64
163.07
85.62
16.65
72.87
M.
19.39
146.35
41.36
8.00
1.60
71.47
19.50
5.00
58.00
78.80
23.20
91.50
25.50
26.02
109.17
83.87
416.65
95.00
130.88
43.18
38.30
54.00
104.18
25.50
51.60
6.00
12.75
77.84
163.07
13.86
16.65
72.87
660
KAILKOAD MANUAL OF THE UNITED STATES.
CORPORATE TITLES.
Gauge of
Tracks.
Length of Lines.
Total.
Indiana.
33 Indianapolis and St. Louis
Ft. In.
4:8*
4:9*
4:8*
4:8*
4:8*
4 :8*
4 :9
4 :8*
4 :8*
4 :8*
4 :9
4 :8*
4 :8*
4 -.m
4:9
4:9*
4 :9*
4 :8*
4 :9
4:8*
4 :9
4: 8*
4:8*
M.
71.84
116.63
224.85
45.00
0.42
114.44
17.50
1024.71
95.65
288.26
27.75
114.52
270.00
12.75
608.24
468.39
10.17
207.00
353.20
78.92
12.10
628.50
60.31
M.
71.84
116.63
224.85
15.40
0.42
114.44
17.50
167.70
95.65
288.26
12.63
5.62
42.41
12.75
224.71
153.06
10.17
6.00
28.40
78.92
12.10
166.00
60.31
34 Indianapolis and Vincennes
35 Jeffersonville, Madison and Indianapolis
36. Joliet and Northern Indiana (Michigan Cen.). .
37 Kingan
38 Lafayette Muncie and Bloomington
39 Lake Erie Evansville and Southwestern
40 Lake Shore and Michigan Southern [Ohio
41. Logansport, Crawfordsville and Southwestern.
42 Louisville New Albany and Chicago
43. Louis'e, New Albany and St. L. Air-Line. .[111.
44. Michigan Air-Line (Michigan Central)... .Mich.
45 Michigan Central [Michigan
46 Michigan City and Indianapolis
47. Ohio and Mississippi
48. Pittsburg, Ft. Wayne and Ch. (Penn. Co.). .[O.
49. Richmond and Miami (Little M. & C. R. & C.).
50 St. Louis, Alton and Terre Haute [Illinois
51. St. Louis and Southeastern [Illinois
52. Terre Haute and Indianapolis
53. Union (Ind's) R. R., Transfer and Stock Yards.
54. Wabash
55 White Water Valley
Total Length
8,775.57
4,056.83
ANDERSON, LEBANON AND ST. LOUIS E. K. (In Progress.)
Line of Road* — Anderson, Ind., to Montezuma, Ind 100 miles.
In operation : Anderson, Ind., to Noblesville 19.39 miles.
Gauge, 4 feet 9 inches. Rail, 56 Ibs.
This road was opened late in the year 1876.
Rolling Stock. — Locomotive engines, 2. Cars — gravel, etc., 20.
Operations for year ending December 31, 1877. — Not reported.
Financial Statement, December 31, 1877. — Capital stock authorized, $2,000,000;
paid in, $1,000,000. Funded debt authorized, 1st mortgage bonds, dated November
1, 1875, bearing 7 per cent, gold or 8 per cent, currency interest, payable May and
November, principal payable 1905, at the rate of $15,000 per mile. Cost of construc-
tion to date, $1,000,000. Estimated cost to completion, $2,500,000.
Directors (elected 1877).— L. A. Millbank, Monticello, N. Y. ; A. B. Stone, C. G.
Rodgers, W. W. Laman, New York ; Wm. Zion, A. 0. Miller, Lebanon, Ind. ; W. R.
KAILKOAD MANUAL OF THE UNITED STATES. 661
Pearse, E. P. Schlater, Anderson, Ind. ; W. H. Castor, Fisliersburg, Ind.; Thos. E.
Teters, Noblesville, Ind. ; T. H. Messicli, Ladoga, Ind. ; S. T. Ensley, Annapolis, Ind.
L. A. MILLBANK, President Monticello, K Y.
W. W. Laman, Vice- President New York City.
Treasurer— A. O. Miller Lebanon, Ind. | Secretary— E. P. Schlater Anderson, Ind.
Superintendent — J. A. Lamed Anderson, Ind.
PRINCIPAL OFFICE AND ADDRESS Anderson, Ind.
BEDFOED, SPKINGYILLE, OWENSBUBG AND BLOOM-
FIELD KAILKOAD.
Line of Road.— Bedford, Ind., to Switz City, Ind 41.36 miles.
Sidings, 5 miles. Gauge, 3 feet. Rail, 35 Ibs.
Organized in 1874, and road opened March 1, 1877. At Switz City it connects
with the Indianapolis and Vincennes R. R.
Rolling Stock. — Locomotive engines, 3. Cars — passenger, 2 ; freight, etc., 51.
Operations for year ending December 31, 1877. — Trains run, 35,644 miles. Gross
earnings, $18,690 ; operating expenses, $8,410.50 : net earnings, $10,279.50.
Financial Statement, December 31, 1877. — Capital stock, authorized, $500,000 ;
paid in, $300,000 ; cost of construction and equipment, $426,000.
Directors (elected January, 1878). — John Thomas, W. O. Rockwood, Aquilla
Jones, W. Mansur, J. G. Alvord, D. Ricketts, F. Landers, Indianapolis, Ind. ; W. C.
Winstauley, F. Wilson, A. C. Voris, Bedford, Ind. ; S. S. Smith, Springville, Ind. ;
W. Williams, Owensburg, Ind, ; J. C. Conley, Bloomfield, Ind.
JOHN THOMAS, President Indianapolis, Ind.
Treasurer— W. C. Winstanley Bedford, Ind. | Secretary— S . W. Morgan Indianapolis, Ind.
Superintendent— E. Hulbert Bedford, Iiid.
PRINCIPAL OFFICE AND ADDRESS Bedford, Ind.
CHICAGO, CINCINNATI AND LOUISVILLE EAILEOAD.
Line of Road. — Peru, Ind., to La Porte, Ind 73 miles.
Sidings and other tracks, 3.7 miles. Gauge, 4 feet 8i inches. Rail, 50 Ibs.
Opened 1853. Reorganization November 1, 1866, of Cincinnati, Peru and Chi-
cago R. R. Co.
Rolling Stock. — None reported. Supposed to be included in statement of the
Indianapolis, Peru, and Chicago R. R. Co.
All further information refused. The report of the State Auditor gives the
length of the road as 71.47 miles, and the assessed value is given at $376,182.
PRINCIPAL OFFICE AND ADDRESS Indianapolis, Ind.
662 RAILROAD MANUAL OF THE UNITED STATES.
CINCINNATI, EOCKPOET & SOUTHWESTEEN EAILWAY.
Line of Road. — Mt. Vernon, Ind., to Mitchell, Ind 160 miles.
Rrancli : Rockport, Ind., to Jasper, Ind 40 " —200.0 miles.
In operation : Rockport, Ind., to Ferdinand, Ind 25.5 "
Sidings, 5 miles. Gauge, 4 feet, 8£ inches. Rail, 45 Ibs.
Chartered October 2, 1871, and road opened June 1, 1874. Formed by consolida-
tion of the Rockport and Northern Central and Cincinnati and Southwestern R. R. Cos.
Rolling* Stock. — Locomotives, 2. Cars — passenger, 2 ; freight, 10 — total, 12.
Operations for year ending December 31, 1877. — Trains run, 23,568 miles ; pas-
sengers carried, 11,000 ; freight moved, 7,404 tons. Earnings from passengers,
$5,501.25; freight, etc., $14,377.32— total, $19,879.57. Operating expenses, $13,-
574.04. Balance, net earnings, $6,304.53.
Financial Statement, August 31, 1876.— Capital stock, $3,000,000 ; issued, $400,-
000 ; funded debt, January 1, 1878, $220,000 6 per cent, gold bonds, dated January 1,
1878, due 1908. This new issue is to take up the old bonds and past due coupons.
The amount authorized is $300,000, and the balance, $80,000, is to be applied to build-
ing the extension to Jasper, Ind.
Directors (elected January 9, 1878). — Joseph Kinsey, E. V. Cherry, Cincinnati,
O. ; G. R. Eager, Boston, Mass. ; W. O. Rockwood, A. Q. Jones, E. H. Sabin. Francis
Smith, Indianapolis, Ind. ; H. N. Moore, Mitchell, Ind. ; John A. Mann,Evansville, Ind.
JOSEPH KINSEY, President Cincinnati, O.
Vice-President — G. E. Eager Boston, Mas?.
Treasurer — W. O. Eockwood Indianapolis, Ind.
Superintendent — H. C. Branham — Eockport, Ind.
/Secretary— E. V. Cherry Cincinnati, O.
PRINCIPAL OFFICE AND ADDRESS 161 Pearl St., Cincinnati, O.
Transfer Office Pacific Bank, Boston, Mass.
CINCINNATI AND TEKEE HAUTE EAILWAY.
Line of Road. — Cincinnati, 0., to Terre Haute, "Ind 180 miles.
Branches : \ Bessemer> Ind-> to Merom, Ind 34 "
( Coal and Iron Mines 86 "
Length of main and branch lines as projected 300 miles.
In operation : Terre Haute to Markland, Ind 26 "
Gauge of track, 4 feet 9 inches. Weight of rail, 56 Ibs.
During the year the road was in the possession of the bondholders pending suit
for foreclosure of mortgage, and was sold January 1, 1877. The purchasers propose
to reorganize the company.
Rolling1 Stock. — Locomotive engine, 1. Cars — passenger, 1; freight, etc., 41.
Operations for year ending December 31, 1877. — No report.
The officers of the company refuse to furnish information.
JOSEPHUS COLLETT, Receiver and Manager Terre Haute, Tnd.
Superintendent — John Holland.. Terre Haute, Ind. | Frt. & Tkt. Agt.—H. Hand! an.. Terre Haute, Ind.
PRINCIPAL OFFICE AND ADDRESS Terre Haute, Ind.
RAILROAD MANUAL OF THE UNITED STATES. 663
CINCINNATI, W ABASH AND MICHIGAN KAILKOAD.
Line of Road. — Anderson, Ind., to* Goslien, Ind 109.17 miles.
Sidings and other tracks, 5 miles. Gauge, 4 feet 8-£ indies. Rail, 50 Ibs.
Consolidation, June 18, 1871, of the Warsaw, Goshen and White Pigeon, and the
Grand Rapids, Wabash and Cincinnati Railroad Companies. Road opened May 21, 1876.
Rolling" Stock. — Locomotives, 6. Cars — passenger, 5 ; baggage, mail and ex-
press, 3 ; freight (box, 54 ; platform, 15 ; coal, 40), 109 — total revenue cars, 117.
Also, 12 service cars.
Operations for year ending December 31, 1877. — Trains run — passenger, 145,000 ;
other, 77,500 — total, 222,500 miles. Passengers carried, 144,000 ; carried one mile,
1,800,000. Freight moved, 100,000 tons. Earnings from passengers, $72,000 ; from
freight, $85,000; other sources, $11,300— total, $168,300. Operating expenses,
$121,000 ; net earnings, $47,300, expended in paying floating debt for construction.
Financial Statement, December, 1877. — Capital stock authorized, $2,250,000 ;
paid in, $1,450,000. Funded debt (at the rate of $16,000 per mile, as the road is
completed), 1st mortgage 7 per cent, bonds, dated July 1, 1871, payable July 1, 1891,
$2,000,000; floating debt, $26,000— total, $3,476,000. Cost construction and equip-
ment, $3,418,500.
The road was put into the hands of Trustees January 1, 1878, and has since been
operated by them.
J. H. WADE,)
A STONE f Trustees - Cleveland, 0.
Gen. Manager-Gorman Buckley .Wabash, Ind. | Gen. Frt. and Tkt. Agf.—O\ven Rice.. Wabash, Ind.
PRINCIPAL OFFICE AND ADDRESS Wabash, Ind.
COLUMBUS, CHICAGO AND INDIANA CENTKAL KY.
f Columbus, O., to Indianapolis, Ind 187.3 miles.
Lines of Road.-J Bradford> °- *° cbica£°' m m7
Richmond, Ind., to Anoka Junction, Ind 102.3
^Peoria Junction, Ind., to Illinois State Line ^0.2 "
Total length of line's owned, leased and operated 580.5 miles.
Sidings, etc., 84. 6 miles. Gauge, 4 ft. 9| in. Rail, 60 and 64 Ibs. Steel rails, 4.6 m.
This company was formed February 12, 1868, by consolidation of the Columbus
and Indiana Central and Chicago and Great Eastern R. R. Cos., and was leased to the
Pittsburg, Cincinnati and St. Louis Ry. Co, February 1, 1869, by whom it was
.operated during the last year, under direction of U. S. Circuit Court, for account of
Receivers of C., C. and I. C. Ry. Co.
The Louisville Branch, between Cambridge and Rushville, Ind., 25 miles, was
664
RAILROAD MANUAL OF THE UNITED STATES.
built and is owned in common by the C., C. and Ind. Cen. R. R., and the Jeff., Mad.
and Ind. R. R. Companies. It is operated by the latter company.
The lease of the C., C. and Ind. Cen. R. R. stipulates that the lessees shall main-
tain the road and its equipment, operate it, and pay over to the lessors 30 per cent, of
the gross earnings. It is also stipulated that the rental shall always be equal to the
interest on $15,000,000 1st mortgage bonds of the C., C. and Ind. Cen. Company, and
$821,000 2d mortgage bonds of the Col. and Ind. Company. The lessees also agree
to pay the interest as it accrues on these bonds. Any net earnings remaining after the
payment of interest, as aforesaid, are to be applied to the payment of interest on the
2d mortgage 7 per cent, bonds to the amount of $10,000,000 (or on the preferred stock
into which these last bonds may be converted), to pay to a sinking fund of one half
of 1 per cent, on the $15,821,000 referred to, and to apply any balance to dividends
on common stock.
Rolling Stock. — Locomotive engines, 125. Cars — passenger, 61 ; baggage, mail
and express, 28 ; freight (box, 869 ; platform, 428 ; stock, 320), 1,317— total revenue
cars, 1,706. Also, 55 caboose cars.
Operations for year ending December 31, 1877. — Trains run — passenger, 1,013,912 ;
freight, 2,732,991 ; and other, 80,697— total, 3,827,600 miles. Passengers carried,
652,767; carried one mile, 31,795,297. Freight moved, 1,521,141 tons; moved one
mile, 254,492,612 tons.
Earnings. Expenditures.
From Passengers $805,180 25 | For Maintenance of Way
Freight 2,293,410 68
" Mail and Express 167,04822
Miscellaneous 130,616 43
$695,559 37
" Rolling Stock 1,053,098 34
" Transportation 959,140 76
Miscellaneous 233,11688
$3,396,255 58
Balance — net earnings, $455,340.23, — paid to Receivers.
$2,940,915 35
Abstract of operations for nine years :
Fiscal Years.
Miles
R. R.
Passengers.
z Mileage.
Freight,
Tons.
Mileage.
Gross
Earnings.
Net
Earnings.
1869...
582.0
624,660
35,605,620
516 815
41 064 199
$3 529 411 25
$262,452 25
1870
588.0
3 293,193 00
987,957 00
1871
586.7
4 170 337 88
1,040 231 63
1872
586.7
646,459
*
1 390 597
4 441 096 00
1,313.759 68
1873
586.7
616,627
34,903,073
1,473,623
279 806 216
4,477,806 84
1,484,895 50
1874
586.7
690,610
34,744,475
1,390,483
247,192 392
3,863,832 92
933,990 53
1875
• 586 7
736,060
33,250,748
1,370 069
239 812 791
3 619 653 78
606 442 02
1876
580.5
764,155
37,754,467
1.617,133
274 953 224
3,457,716 48
506,608 18
1877
580.5
652,767
31,795,297
1,521,141
254,492,612
3,396,255 58
455,340 23
General Balance, December 31, 1877.
Construction and Equipment $38,851,097 44
Stocks and Bonds 58,000 00
$38,909,097 44
Capital Stock $13,909,823 03
Funded Debt 24,859,724 25
Bills Payable 79,550 16
$38,909,097 44
RAILROAD MANUAL OF THE UNITED STATES.
Abstract of financial condition, etc., for nine years :
665
Yeats.
En-
gines.
Cars.
Capital
Stock.
Funded
Debt.
Other
Debt.
Construc-
tion, etc.
1869...
135
1,795
$13,000 000
$18 814,000
$1,725,369
$33,539,369
1870....
13,000,000
19,473,174
822,713
32,713,540
1871 .•
142
1,688
13,000,000
23 230,174
36,230,174
1872
13,328,569
23,555,174
130,974
37,014,717
1873
164
1,670
13,328,569
23,553,174
694,358
37,578,101
1874
157
1,534
13,859,700
24,859,724
37,645,665
1875
163
1,551
13 938 972
24,859 724
79,550
38,878,247
1876
125
1,682
13 938 972
24 859 724
79,550
38,825,947
1877
125
1,706
13,969,823
24,859,724
79,550
£8,851,097
Statement of funded debt in detail, December 31, 1877
Character of Bonds.
Date of
Bonds.
Interest.
Principal,
When Due.
Amount
Outstanding.
Rate.
When
Payable.
1st Mort. C., C. & I. C. Ry. Co..
OldC. &G. E. Ry. Co.
" Last " " "
" Col. & Ind.Cen. Ry.Co.
' ' Union and Logan sport .
" Toledo, Logan and Bur-
linoton ...
April 1, 1868
7
7
7
7
7
7
7
7
7
7
7
7
10
7
7
7
7
7
7
Apr. and Oct.
u >t
U U
Jan. and July.
• Apr. and Oct.
Feb. and July.
Jan. and July.
U ((
Feb. and Aug.
May and Nov.
Jan. and July.
May and Nov.
Jan. and July.
Jan. and July.
Feb. and Aug.
It 4(
14 t(
April 1, 1908.
Oct. 1, 1893.
April 1, 1895.
Nov. 1, 1904.
Dec. 1, 1905.
Feb. 1, 1884.
Dec. 1, 1883.
1, "
Aug. 1, 1890.
Nov. 1, 1886.
Dec. 1, 1883.
Nov. 1, 1904.
Jan. 1, 1882.
$10,428,000 00
211,000 00
240,000 00
2,632,000 00
775,000 00
531, 50t) 00
157,000 00
152,500 00
178,100 00
39,650 00
3,500 00
821,000 00
666.500 00
341,400 00
3,692,000 00
74,024 25
3,847,000 00
58,000 00
11,550 00
1st Mort. Col. & Ind. Preferred. .
" " Common...
" Gin. & Chicago Air-L..
" " " Sinking
Fund
2d Mort Col and Indianapolis
" " " Central..
" Indiana Central
' ' Chicago and Great East-
2d Mort. C.. C. & I. C. Ry. Co. . .
Feb y 1890.
Income, Toledo, Logan & Burl..
" Convertible Bonds
Feb'y 1, 1900.
" Col. & Ind. Central
" OldC. &G. E. Ry.Co..
Total $24,859,724 25
Directors (elected June 6, 1877).— F. R. Fowler, Adrian Iselin, W. Wliiteriglit,
Jr., Henry Morgan, JoLn Bloodgood, Alex. Taylor, Jr., J. Nelson Tappan, and J. B.
Thompson, New York City ; J. T. Thomas, Philadelphia, Pa.; Win. Jamison, B. E.
Smith, Columbus, 0.; John Gardiner, Norwalk, O. ; John S. Newman, Indianapolis,
Ind.; J. N. Converse, Union City, Ind.
B. E. SMITH, President Columbus, O.
Gen. Manager— D. W. Caldwell Columbus, O. | Sec. and Treas.— Gordon Moodie. . . Columbus, O.
PRINCIPAL OFFICE AND ADDRESS Columbus, 0.
Lessee's Office P. C. and St. L. Ry. Co., Pittsburg, Pa.
EEL BIVEE RAILROAD.
Line of Road. — Butler, Ind., to Logansport, Ind 95 miles.
Sidings, etc., 8 miles. Gauge, 4 feet 8i inches. Rail, 56 Ibs. Steel rail, 0.5 mile.
666
EAILKOAD MANUAL OF THE UNITED STATES.
The Detroit, Eel River and Illinois R. R. Co. was organized in 1872, and the road
opened in 1874. It was sold under foreclosure of the mortgage, July 6, 1877, and re
organized by the purchasing bondholders under the present title, December 10, 1877.
Possession was taken January 1, 1878.
Rolling Stock. — Locomotive engines, 11. Cars — passenger, 5 ; baggage, etc., 1 ;
freight (box, 200 ; platform, 45 ; and stock, 15), 260 — total, 266. Also, 4 service cars.
Operations for year ending December 31, 1877. — Trains run — passenger, 60,414 ;
freight, etc., 144,721 — total, 205,145 miles. Passengers carried, 59,040; carried one
mile, 892,198. Freight moved, 195,190; moved one mile, 11,735,400 tons.
Earnings.
From Passengers $35,027 67
" Freight 158,29990
" Mail, Express, etc 7,89450
Expenditures.
For Maintenance of Way $39,666 65
" Rolling Stock 16,929 58
" Transportation, etc 90,99219
$201,311 07 $147,588 42
Balance — net earnings, $53,722.65. Disposition of net earnings not reported.
Financial Statement, December 31, 1877. — Not stated, as the Co. is in process of
reorganization. Prior to sale, it was as follows : Capital stock authorized, $1,200,000 ;
paid in, $1,100,000 ; and funded debt, $2,624,000, representing the cost of the road,
etc. The funded debt has been exchanged for stock of the new Co.
Directors (elected December 10, 1877^. — C. H. Buhl, Allen Sheldon, James F. Joy
and^ T. D. Buhl, Detroit, Mich. ; Elijah Smith, Boston, Mass. ; W. W. Crapo, New
Bedford, Mass. ; D. L. Quirk, Ypsilanti, Mich.
C. H. BUHL, President Detroit, Mich.
Treasurer— -S. D. Mason Logansport, Ind.
Gen. Superintendent— F. J. Hecker "
Secretary— J '. G. Miller Detroit, Mich.
Gen. Frt. cfc Tkt. Agt.—S. Howell.Loganpport, Ind.
PRINCIPAL OFFICE AND ADDRESS Logansport, Ind
Transfer Office. Sears' Building, Boston, Mass.
EVANSYILLE AND TEEKE HAUTE EAILEOAD.
Line of Road.— Evansville (Ohio River), Ind., to Terre Haute, Ind.. 109. 00 miles.
Extension : Terre Haute to Rockville, Ind 21.88 "
Total length of road owned by company 130.88 miles.
Sidings, 18 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
Chartered as Evansville and Crawfordsville R. R. Co., 1849-1851. Opened for
business November 24, 1854. The present title was taken April 1, 1877.
In June, 1872, a lease of the Rockville Extension, terminable in one year after
notice given by either party, after July 1, 1873, was made to the Logansport, Craw-
fordsville and Southwestern Railway Company, taking effect July 1, 1872.
Rolling1 Stock. — Locomotive engines, 20. Cars — passenger, 10 ; baggage, mail
and express, 5 ; and freight (box, 254 ; platform, 33 ; stock, 24 ; coal, 109 ; other, 6),
426 — total revenue cars, 441. Also, 1 pay, 12 construction, 30 hand, and 22 push cars.
RAILROAD MANUAL OF THE UNITED STATES.
667
Operations for year ending August 31, 1877. — Trains run — passenger, 146,222 ;
freight, 151,063 ; and other, 73,755 — total, 371,040 miles. Passengers carried, 122,-
485 ; carried one mile, 4,102,386. Freight moved, 235,308 ; carried one mile,
16,900,000 tons.
Earnings.
From Passengers $147,201 45
" Freight 308,57760
" Mail and Express 19,84734
Miscellaneous 20,301 08
$495,927 47
Expenditures.
For Maintenance of Way $119,775 99
" Rolling Stock and Motive Power.. 108,659 10
" Transportation 87,40921
Miscellaneous and Taxes 34,371 57
$350,215 87
Balance — net earnings, $145,711.60. Payments from net earnings — dividend
(2 per cent.), $20,314 ; interest, $82,234.06; construction and equipment, $9,321.12;
St. L. and S. E. Ry. Co., $9,740; Rockville Div. Bond, $500— total, $122,109.18.
Balance, surplus, $23,602.42. The taxes amounted to $16,984.94.
General Balance, August 31 , 1877.
Construction and Equipment $3,148,553 98
Materials 40,727 19
Sundry Stocks, etc 26.416 85
Due from other Lines, Agents, etc. . . 85,782 53
Cash 28,974 53
$3,330 455 08
Capital Stock, Frac. Scrip, etc $1,020,307 11
Preferred Stock 100,000 00
Funded Debt 1,063,000 00
Accounts Payable and Dues 14,832 11
Income Account 1,132,31586
$3,330,455 08
The funded debt consists of $918,000 7 per cent, bonds on main line, and $145,000
bonds on Rockville Division.
Abstract of operations and general balances for seven years :
Years.
Miles.
Passen-
gers.
Freight.
Gross
Earnings.
Net
Earnings.
Stock.
Bonds.
Income.
CostR.R.
1870-71 .
132
155,795
180,000
$538,173
$170,157
$1,144,253
$1,154,000
$539,989
$2,828,242
1871-72.
132
146,036
208,800
570,065
222,032
1,144,253
1,127,000
704,452
2,879,748
1872-73.
132
131,036
220,000
562,762
221,703
1,144,415
1,085.000
760,228
2,989,643
1873-74.
132
132,864
229,000
539,378
196,502
1,144,415
1,071,000
939,615
3,056,526
1874-75.
132
126,279
211,000
510.735
141,426
1,144,415
1,063,500
998,193
3,126,493
1875-76.
132
130,269
221,883
510,740
159,162
1,144,715
1,063,500
1,070,491
3,141,033
1876-77.
132
122,485
235,308
495,927
145,712
1,120,307
1,063,000
1,132,316
3,148,554
Directors (elected October 15, 1877). — Samuel Orr, J. S. Hopkins, J. E. Martin,
W. Heilman, D. J Mackey, Samuel Bayard, C. R. Bement, and H. M. Sweetser,
Evansville, Ind. ; J. W. Maddox, Vincennes, Ind. ; J. H. Turner, W. R. KcKeen, W.
K. Edwards, and Josephus Collett, Terre Haute, Ind.
J. E. MARTIN, President Evansville, Ind.
Superintendent — Leonard Pearson Evansville.
Treasurer and Secretary— F. Heakes. . .
Asst. Auditor— C. Rush.. "
Master of Machinery— J. L. White Evansville.
Gen. Ticket Agent— J. E. Martin
Gen. Freight Agent— E. S. Babcock, Jr.
PRINCIPAL OFFICE AND ADDRESS Evansville, Ind.
668 RAILROAD MANUAL OF THE UNITED STATES.
EVANSVILLE, TEEKE HAUTE AND CHICAGO EAILWAY.
Line of Road. — Terre Haute, Ind., to Danville, 111 55.28 miles.
Sidings, etc., 6.05 miles. Gauge, 4 feet 9 inches. Rail, 56 Ibs.
This company was organized in 1868, and the road was opened throughout, July
1, 1871. It uses the track of the Rockville Extension of the Evansville and Craw-
fordsville R. R., from the Junction to Terre Haute, 6 miles.
Rolling Stock. — Locomotives, 7. Cars — passenger, 4 ; baggage, mail and express,
2 ; and freight (box, 109 ; stock, 12 ; platform, 23 ; coal, 157), 301 — total revenue cars,
308. Also, 3 caboose and 15 service cars.
Operations forbear ending June 30, 1877. — Not reported.
Earnings.
From Passengers $46,502 03
" Freight 154,44001
" Mails, etc 8,73010
Expenditures.
For Maintenance of Way $56,716 68
" Rolling Stock 24,86287
" Transportation, etc 50,869 10
$209,673 14 $132,448 65
Balance — net earnings, $77,224.19, to which add stock payments, $1,731 ; ac-
counts payable, etc., $21,202.03— total, $100..157.62. Payments: construction, $8,-
003.88; interest on funded debt, $83,914.40; interest on floating debt, $4,509.59; mis-
cellaneous, $3,729.75— total, $100,157.62. The earnings were insufficient to meet all
the interest on the funded debt, and a portion was deferred.
Abstract of operations and general account for six years :
Years.
Miles.
Engines.
Cars.
Gross
Earnings .
Net
Earnings.
Interest.
Capital
Stock.
Bonds.
Cost of
Construc-
tion.
1871-72...
1872-73
55.28
55.28
7
7
225
250
COQQ Afft
^j>ivoy,^H/o
$109,443
$58,400
$399,573
$775,000
$1,281,010
1873-74
5528
7
281
22Q OQ7
110 007
80 H0*»
4.OQ 017
1 100 000
1 562 748
1874-75
55.28
7
287
235 899
114 507
86 096
424 491
1 100 000
1 623 509
1875-76
55.28
7
308
222 782
flfi'aRS
91 210
426 536
1 100 000
1 634 904
1876-77
55.28
7
308
209 673
77 224
83 914
428 2fi7
1 100 000
1 642 430
General Balance, July 1, 1877.
Construction and Equipment $1,642,430 32
Materials '. 2,507 57
Sundry Accounts.
1,687 00
Capital Stock $428,266 96
Funded Debt 1,100,000 00
Bills Payable, etc 118,357 93
$1,646,624 89
Description of bonds issued and outstanding :
$1,646,624 89
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal
Payable.
Amount
Author-
ized.
Amount
Out-
standing.
IstMtg. on Road in Ind. .
May 1, 1870.
7 gold
May 1 & Nov. 1.
Jan 1 1900
$775000
$775000
1st " " " 111. )
2d " " "Ind. I""
" 1, 1873.
u <t
Jan. 1 & July 1.
" 1, 1903.
; 325,000
325,000
EAILEOAD MANUAL OF THE UNITED STATES.
669
The rental paid for use of the Rockville Extension of the E. and T. H. R. R. is in-
cluded in the operating expenses. It amounts to about $3,000 a year.
Directors (elected June 5, 1877).— C. Y. Patterson, W. R. McKeen, W. K. Edwards,
and Josephus Collett, Terre Haute, Ind. ; C. Matthews, Clinton, Ind. ; J. E. Martin,
Evansville, Ind.; Wm. C. Egleston and James Roosevelt, New York City.
JOSEPHUS COLLETT, President, Sup't and Treas. .Terre Haute, Ind.
Sec. and Tkt. Agt.—S. S. Hunt.. .Terre Haute, Ind.
Boad Master— W. VanVleit Newport, "
Master Mach. — W. D. Macfarlane. Terre Haute, Ind.
Gen. Frt. Agent— 3. E. Kendall. . " .
PRINCIPAL OFFICE AND ADDRESS Terre Haute, Ind.
FAIELAND, FEANKLIN AND MAETTNSVILLE EAILEOAD.
Line of Road. — Fairland, Ind., to Martinsville, Ind 38.30 miles.
Sidings, etc., 1 mile. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
Reorganization of the Cincinnati and Martiusville R. R. Co., by whom the road was
built and opened in 1814. It was sold under foreclosure, June 30, 1876, and a new
company organized. No report of operations or financial condition is furnished. The
gross earnings for 1877 are reported as $35,000.
W. R. HARRISON, President Martinsville, Ind.
Sec. and Treas. — G. L. Barringer Cincinnati, O. \ Agent — M. E. Ingalls Cincinnati, O.
PRINCIPAL OFFICE AND ADDRESS Cincinnati, 0.
FOET WAYNE, MUNCIE AND CINCINNATI EAILEOAD.
Line of Road. — Fort Wayne, Ind., to Connorsville, Ind 104.18 miles.
Sidings and other tracks, 2.7 miles. Gauge, 4 feet 8i inches. Rail, 56 Ibs.
Opened September 12, 1870.
Rolling Stock. — Locomotive engines, 9. Cars — passenger, 5 ; baggage, 2 ; freight,
242.
Operations for year ending December 31, 1877. — No report. The latest furnished
is for the year 1873, when gross earnings were $257,108.10; operating expenses,
$176,011.54; net earnings, $81,096.56.
Financial Statement, December 31, 1873 (latest furnished).— Capital stock,
$1,000,000 ; funded debt, $2,745,000. Total stock and bonds, representing cost of
road, $3,745,000.
Statement of funded debt in detail December 31, 1877 :
Character of Bonds.
Date of
Bonds.
Rate
p. c.
Interest
Payable.
Principal,
When Due.
Amount
Authorized.
Amount
Outstanding.
1st Mortgage .
1869
7
April aiid Oct.
Oct., 1889.
$1,800,000
$1,800,000 00
2d "
1871
8
44 "
April, 1896.
600,000
500,000 00
Equipment Mortgage
1871
8
Jan. and July.
July, 1881.
500,000
345,000 00
670 EAILKOAD MANUAL OF THE UNITED STATES.
The above statement was furnished for the year 1873, and no later information
is given except as to funded debt.
ELIJAH SMITH, President Boston, Mass.
Auditor— Charles Hoffman Fort Wayne, Ind.
Sec. & Treas.—P. M. Smith Boston, Mass.
Gen. Tkt. Agt.—G. W. Mullen... Fort Wayne, Ind.
Supt. & Pur. Agt.—W. W. Worthington, i4 "
PRINCIPAL OFFICE AND ADDRESS Fort Wayne, Ind.
FRANKFORT AND KOKOMO RAILROAD.
Line of Road. — Frankfort, Ind., to Kokomo, Ind 25.50 miles.
Sidiogs, 2 miles. Gauge, 4 feet 8-J- inches. Kail, 50 Ibs.
Chartered November 1, 1872. Road opened August 10. 1874.
Rolling1 Stock. — Locomotive engines 2. Cars — passenger, 1 ; baggage and ex-
press, 1 ; freight, 13 — total revenue cars, 15. Also, 7 service cars.
Operations for year ending December 31, 1877. — Not reported. For year 1875,
gross earnings were $55,572.16; operating expenses, $20,425.95; net earnings, $35,-
146.21.
Financial Statement, January 1, 1876 (latest furnished). — Capital stock, $600,000 ;
funded debt, $400,000— total, $1,000,000. Per contra : Cost of construction, $413,-
195.22; equipment,' $32,012.33— total, $445,207.35.
The funded debt consists of 1st mortgage 7 per cent, gold bonds, dated January
1, 1874, due January 1, 1894. All later information refused.
COE ADAMS, President New York.
Superintendent— "E>. Y. Comstock... Frankfort, Ind. | Sec. and Treas.—D. E. Comstock.. Frankfort, Ind.
PRINCIPAL OFFICE AND ADDRESS Frankfort, Ind.
INDIANA NORTH AND SOUTH RAILROAD.
Line of Road. — Oxford, Ind., to Newburg, Ind. (Projected.) 200.00 miles.
In operation : Attica, Ind., to Veedersburg, Ind 12.75 "
Rolling- Stock. — Locomotive engine, 1. Cars, 8.
Operations. — Not reported. All information refused.
Financial Statement, April 1, 1873 (latest furnished). — Capital stock authorized,
$3,000,000; subscribed, $2,000,000; paid in, $180,000. Funded debt, $135,000;
floating debt, $22,500. Cost of work to date, $361,000. The bonds authorized are 7
per cent, gold, dated March 1, 1873, and have 30 years to run ; interest March and
September. They are a first mortgage on the Northern Division, 85 miles, at the
rate of $20,000 per mile.
E. B. THOMAS, President and Superintendent Attica, Ind.
PRINCIPAL OFFICE AND ADDRESS Attica, Ind.
RAILROAD MANUAL OF THE UNITED STATES. 671
INDIANAPOLIS, CINCINNATI AND LAFAYETTE B. K.
Line of Road.— Cincinnati, 0. , to Lafayette, Ind 178.5 miles.
Branch : Greensburg to Quarries 5.5
Sidings, 42.5 m. Gauge, 4 feet 8-J inches. Rail, 56 and 60 Ibs. Steel rails, 68.7 m.
This road was opened in 1852, and now embraces the line of the Cincinnati and
Indiana R. R., 20.5 m. ; organized, 1861 ; opened 1866, and leased to the I., C. & L. R. R.Co.
Rolling1 -Stock. — Locomotive engines, 57. Cars — passenger, 47 ; baggage, mail
and express, 17; and freight (box, 665; platform, 283 ; stock, 51; coal, 66; other,
19), 1,084 — total revenue cars, 1,148 ; also, 86 service cars.
Operations for year ending June 30, 1877.— Trains run — passenger, 540,999,-
freight, 429,120 ; other, 199,370— total, 1,169,490 miles. Passengers carried, 564,684;
carried one mile, 19,224,430. Freight moved, 426,808 tons ; moved one mile, 38,803,-
669 tons.
Earnings.
From Passengers $514,766 23
" Freight 684,739 81
" Mail and Express 65,49395
Miscellaneous 46,209 61
Expenditures.
For Maintenance of Way $222,007 15
" Rolling Stock • 100,65400
" Transportation 413,59711
Miscellaneous ... 39, 168 25
$1,311,209 60 $775,426 51
Balance— net earnings (43.84 per cent.), $535,783.04. Payments from net earn-
ings—taxes, $44,973.46; interest on bonds, $260,508.50; on floating debt, $2,995.41.
General Balance, August 1, 1877.
Capital Stock $7,024,450 00
Funded Debt 8,963,300 00
Construction and Equipment $16,854,415 93
Materials 50,46023
Harrison Branch Stock 41 ,924 49
Cash, etc 194,00777
Balance of Account.
413,043 85
Unpaid Bond Interest 1,006,576 32
BillsPayable 310,353 97
Sundry Accounts 259.17198
$17,553,852 27 $17,553,852 27
Included in the capital stock are $18,000 Cincin. and Ind. R. R. Co., and $1,419,-
400 of preferred stock, issued in exchange for funded debt bonds of 1873. The
common stock proper is $5,587,150.
Statement of funded debt in detail, August 1, 1877 :
Character of Bonds.
Date of
^ Bonds.
_«
"5
K
Interest
Payable.
Principal,
When Due.
Am't Au-
thorized.
Amount
Issued.
Am't Out-
standing.
1st Mtg. Ind's & Cin. R. R. .
1st 'r Cin. & Ind'a R. R. .
2d " " " "
2d Ind's, Cin. & Laf. R. R. .
3d "
Funded Interest
April 1, 1858.
Dec. 1, 1862.
Jan. 1, 1867.
Feb. 1, 1867.
June 1, 1869.
1867, 1869.
July 22, 1873.
7
7
7
7
7
7
10
April and Oct.
June ; Dec.
Jan. July.
Feb. Aug.
June Dec.
Mar. Sep.
Mar. Sep.
1888.
1892.
1877-1887.
1897.
1899.
1878-1883.
1883.
$1,600,000
500,000
2,000,000
2,800,000
2,000,000
469,100
423,000
$1,600,000
499,000
1,501,000
2,800,000
1,767,000
453,300
375,000
$1,600,000
499,000
1,497,000
2,800,000
1,767,000
446,300
344,000
Ind's, Cin. & Laf. Equip't..
The funded interest bonds consist of $125,550 of the mortgage of 1867, and
$320,750 of bonds of 1869. The unpaid interest amounts to $756,187.78 on the bonds
of 1867; $38,719.17 on equipment bonds ; and $211,669.37 on bonds of 1869.
672 RAILROAD MANUAL OF THE UNITED STATES.
In addition to the above, the company are liable for 50 per cent, of the bonds of
the Street Connection Railway, issued jointly by this company and the Little Miami
R. R. Co., for $525,000, and secured by mortgage on 2| miles of railway connecting
the lines of these companies. There are two issues of these bonds — $250,000, dated
July 1, 1864, 6 per cent., payable in 30 years; $275,000, dated Nov. 1, 1868, 6 per
cent. , payable in 30 years. This company is liable for 40 per cent, of any deficiency
there may be in the earnings of the Street Connection Railway.
In January, 1876, the company bought a controlling interest in the Harrison
Branch R. R., agreeing to pay for $106,000 of stock, and for other securities and real
estate $125,000, out of receipts from that road.
After the close of the fiscal year, ending June 30, 1876, the company found it-
pelf unable to meet the interest due August 1, and the road was placed in the hands
of a Receiver, by whom it has since been operated.
Directors (elected November 5, 1877.)— M. E. Ingalls, Theodore Cook, Cincinnati,
O. ; Moses Fowler, W. F. Reynolds, Lafayette, Ind. ; W. A. Booth, George Bliss, C. G.
Landon, New York City ; T. H. Perkins, Boston, Mass. ; T. A. Morris, Indianapolis, Ind.
M. E. INGALLS, President and Receiver Cincinnati, 0.
Asst. to Receiver— G. L. Barringer. . . Cincinnati, O.
Treasurer— E. F. Osborn •'
Secretary — C. H. Booth New York City.
Gen. Pass. & Tkt. Agt.— John Egan.. Cincinnati, O.
Gen. Freight Agt.—R. J. Page .'
Purchasing Agent — G. L. Barringer.. " •'
Master Trans. — J. W. Sherwood.Indianapolis Ind.
7V/r*> «/*>*• Anf* J American Exchange National Bank, New York City.
1 ransjer Agts.— j Head & Perking _ * .Boston, Mass.
PRINCIPAL OFFICE AND ADDRESS Cincinnati, 0.
Transfer Office Drexel Building, New York City.
CINCINNATI AND INDIANA KAILEOAD.
This company was organized April 18, 1861, and the road opened in 1866. It
forms the Ohio portion of the Indianapolis, Cincinnati and Lafayette R. R., and extends
from Cincinnati to the Indiana State Line, 20.5 miles. It is an essential part of that
company's line, but maintains a separate formal organization, and is operated under
lease by that company.
Rolling Stock and Operations. — Included in lessees' report.
Financial Statement, June 30, 1877. — Capital stock authorized, $2,000,000; paid
in, $500,000; funded debt, $1,996,000— total stock and bonds, $2,496,000. Per contra :
Cost of road and equipment, $2,032,209.16.
Details of funded debt are given in the statement of the Indianapolis, Cincinnati
and Lafayette R. R. Co.
Officers. — Same as I., C. and L. R. R. Co.
HAEBISON BKANCH EAILKOAD.
This road is owned by the Indianapolis, Cincinnati and Lafayette R. R. Co. and
forms the connection between the C. and I. R. R. and the Whitewater Valley R. R.
RAILBOAD MANUAL OF THE UNITED STATES. 673
It extends from Valley Junction to Harrison, 0., 7 miles, and iis operations are in-
cluded in those of the I., C. and L. R. R. Co., by which it is operated at a rental of 7
per cent, on the capital stock.
Financial Statement, June 30, 1877.— Capital stock, $400,000.
Directors (elected May 6, 1878).— C. W. Short, J. C. Short, E. V. Cherry, J.
Kinsey, Eli Kinney, Henry Peachey and William King, Cincinnati, O.
CHARLES W. SHORT, President Cincinnati, 0.
Secretary— ft. W. Woodruff " "
PRINCIPAL OFFICE AND ADDRESS Cincinnati, O.
INDIANAPOLIS, DELPHI AND CHICAGO EAILKOAD.
Line of Road. — Indianapolis, Ind., to Chicago, Ind» (Projected). . . .150.00 miles.
In operation : Rensselaer, Ind., to Bradford, Ind 16.65 "
Sidings, 1 mile. Gauge, 3 feet. Rail, 35 Ibs.
This company was organized May 19, 1877, and the road opened to present ter-
minus February 15, 1878.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 1 ; others, 14.
Operations. — Not reported.
Financial Statement, February 28, 1878.— Capital stock, $40,000 ; funded debt,
$118,400 — total, $158,400, representing cost of road, etc. The funded debt consists of
1st mortgage 7 per cent, bonds, dated January 1, 1878, due January 1, 1898.
JOHN LEE, President Crawfordsville, Ind.
Gen. Manager— S. N. Yeoman Monticello, Ind. I Asst. Supt.—3o\m Millikan Rensselaer, Ind.
Superintendent — Allen Hegler Rensselaer, Ind. | Sec.— S. B. Bushnell .Monticello, Ind.
PRINCIPAL OFFICE AND ADDRESS Rensselaer, Ind.
INDIANAPOLIS, PERU AND CHICAGO KAILKOAD.
Line of Road. — Indianapolis, Ind., to Peru, Ind 75 miles.
Opened 1853. Gauge, 4 feet 8£ inches. Rail, 60 Ibs.
Rolling Stock. — Locomotive engines, 28. Cars — passenger, 17 ; baggage, etc.,
8 ; freight, 594.
Operations. — Information refused.
The company have refused for several years to give any information whatever.
In connection with the Chicago, Cincinnati and Louisville, and the Michigan City
and Indianapolis Railroads, this road forms a through line from Indianapolis to Michi-
gan City, where it connects with the Michigan Central R. R.
The report of this company to the State authorities for purposes of taxation
differs materially, so far as it goes, from the statements officially forwarded for the
MANUAL. The length of line, as given to the State Auditor, is 72.87 miles, and the
weight of rail 56 Ibs. to the yard. The road is assessed at $579,420, and the rolling
stock at $121,511— total assessed value, $700,931.
43
674
BAILBOAD MANUAL OF THE UNITED STATES.
Directors (elected September 12, 1876). — David Macy, Indianapolis, Ind. ; Wm.
Cutting, New York City ; Theodore P. Haugliy, Wm. Henderson and V. T. Malott,
Indianapolis, Ind.
DAVID MACY, President and PurcJiasing Agent. .. Indianapolis, Ind.
Gen. Manager— -V. T. Malott Indianapolis, Ind. I Auditor— C. H. Rockwell Indianapolis, Ind.
Sec. and Treas.—L. G. Cannon. . " | Freight Agent— H. B. Smith
PRINCIPAL OFFICE AND ADDRESS Indianapolis, Ind.
INDIANAPOLIS AND ST. LOUIS KAILEOAD.
Line of Road.— Indianapolis, Ind., to Terre Haute, Ind 71.84 miles.
Leased Line : St. Louis, Alton and Terre Haute R. R 189.00 "
Branches, named below 5.80 "
Total length of line owned, leased and operated 266.64 miles.
Second track, etc., 40.9 miles. Gauge, 4 feet 8£ in. Rail, 60 Ibs. Steel rails, 1 mile.
This company was chartered August 31, 1867, and the road opened July 11,
1870. It is leased to the Pennsylvania Company. The I. and St. Louis R. R. Co.
also leases the St. Louis, Alton and Terre Haute R. R. (and its Alton Branch, 4.2
miles) for 99 years from June 1, 1867, at an annual rental of at least $450,000. It
also operates, as a branch, the Carbon and Otto Creek Valley R. R. , a coal road in
Indiana, 1.6 mile long. All the operations of these roads are here included.
Rolling Stock. — Locomotive engines, 56. Cars — passenger, 39 ; baggage, mail
and express, 14, and freight (box, 670 ; stock, 203 ; platform, 165 , coal, 310), 1,348—
total revenue cars, 1,401. Also, 1 service car.
Operations for year ending December 31, 1877. — Trains run — passenger, 351,164 ;
freight, 1,110,927 ; other, 33,600— total, 1,495,691 miles. Passengers carried, 234,093 ;
carried one mile, 8,211,025. Freight moved, 538,758 ; moved one mile, 92,684,115 tons.
Earnings.
From Passengers $294,190 66
" Freight 982,43551
" Mail and.Express 64,161 89
Miscellaneous 45,086 89
$1,385,874 95
Expenditures.
For Maintenance of Way $286,308 24
" Rolling Stock 350,50454
" Transportation 353,157 45
Miscellaneous . 74,699 67
$1,064,669 90
Balance— net earnings, $321,205.05, add earnings of C. and O. C. V. Ry., $944,55 ;
road earnings, $155,732.67 — total net $477,882.27. Payments from net earnings — in-
terest on funded debt, $247,410 ; rent of St. L., A. and T. H. R R., $451,753.27—
total payments, $699,163,27. Excess of payments over net earnings, $221,881.
Abstract of operations for six years, all lines :
Fiscal Years.
Miles
R. B.
Passen-
gers.
Mileage.
Freight,
Tons.
Mileage.
Gross
Earnings.
Net
Earnings.
1872
265 0
291,787
13,834,402
690,971
99,581,431
$2,110,680 07
$730,237 94
1873
265.0
724,814
2,097,528 46
690,909 13
1874
265.0
332,829
13,537,146
652,937
93,199,986
1,866,496 10
631,36988
1875
265.0
291,311
11,922,681
563,568
79,811,222
1,513,881 45
325,996 52
1876
265.9
279,679
10,889,483
599,902
100,902,991
1,657,863 66
431,645 82
1877
266 6
234,093
8,211,025
538,758
92,684,115
1,385,874 95
477,882 27
RAILROAD MANUAL OF THE UNITED STATES.
675
General Balance, December 31, 1877.
Road and Equipment $4,226,167 03
Materials 65,247 70
Assets and Dues 311,224 24
Cash on Hand 136,801 74
Balance, Debit of Income 1,325,290 42
Capital Stock $600,000 00
Funded Debt . . 3,500,000 00
Bills Payable 1,228,988 48
Other Liabilities 735,762 65
$6,064,751 13
Abstract of financial statement for six years :
$6,064,751 13
Fiscal Years.
Miles of
Track.
En-
gines.
Cars.
Stock.
Bonds.
Debts, etc.
Railroad
and
Equipments.
Other
Property
and Assets.
1872...
310 5
59
1,373
$600,000
$3,338,000
$976,562
$3,927,197
$343,885
1873
310 5
55
1,365
600,000
3,378,000
918,918
4,095,228
801,690
1874
310 5
55
1,365
600,000
3,500,000
980,582
4,199,756
469,401
1875
310.5
56
2,176
600,000
3,500,000
1,236,725
4,189,717
387,753
1876
306.8
56
1,387
600,000
3,500,000
1,647,218
4,223,055
421,645
1877
307.5
56
1,401
600,000
3,500,000
1,964,751
4,226,167
513,294
Statement of funded debt in detail :
Character of
Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal
Payable.
Authorized.
Issued.
Out-
standing.
1st Mortgage
July 1, 1869.
7
Various.
July 1, 1919.
$2,000,000
$2,000,000
$2,000,000
2d "
Oct. 1, 1870.
7
Apr. and Oct.
Oct. 1, 1900.
1,000,000
1,000,000
917,000
Equipment
July 1, 1871.
8
Jan. and July.
July 1, 1881.
500,000
500,000
500,000
Interest on 1st mortgage bonds is payable partly in January and July, partly in
March and September, and partly in April and October.
Directors (elected February 20, 1878). — Thorn as A. Scott, Philadelphia, Pa.; J. N.
McCullough and Thomas D. Messier, Pittsburg, Pa.; J. H. Devereux and H. B. Hurl-
but, Cleveland, 0. ; and C. C. Gale, Indianopolis, Ind.
H. B. HURLBUT, President Cleveland, O.
Treas. and Sec.— Edward King. .Indianopolis, Ind.
Superintendent— E. B. McClure.. " "
Auditor— Russell Elliott
Purchasing A gent— E. B. McClure
Gen. Ticket Agent— C. C. Cobb St. Louis, Mo.
Gen. Freight Agent— J. C. Noyes. ... "
Master Mechamc — A. J. Sanborn Mattoon, 111.
PRINCIPAL OFFICE AND ADDRESS Indianopolis, Ind.
INDIANAPOLIS AND YINCENNES KAILEOAD.
Line of Road. — Indianopolis, Ind., to Vincennes, Ind 116.63 miles.
Sidings, etc., 5.1 miles. Gauge, 4 feet 9| inches. Kail, 56 Ibs.
This company was organized in 1867, and the road opened in 1869. It is con
trolled and operated by the Pennsylvania Company, which owns the capital stock.
Rolling1 Stock.— Locomotive engines, 8. Cars — passenger?; baggage, mail and
676
EAILBOAD MANUAL OF THE UNITED STATES.
express, 3 ; freight (box 50 ; platform, 151 ; stock, 25), 226 — total revenue cars, 236.
Also, 2 caboose cars.
Operations for year ending December 31,1877. — Trains run — passenger, 112,066 J
freight, 133,844 ; and other, 30,799— total, 276,709 miles. Passengers carried, 86,942 ;
carried one mile, 2,207, 596. Freight moved, 104,568 ; moved one mile, 7,847,287 tons.
Earnings.
From Passengers $74,117 49
" Freight.etc 175,32080
" Mail and Express 10,36094
Miscellaneous 4,645 71
Expenditures.
For Maintenance of Way $156,436 23
" EollingStock 59,61822
" Transportation 59,531 12
Miscellaneous 13,331 38
$264,444 94 $288,916 95
Balance — excess'of expenses, $24,472.01. Advanced by Pennsylvania Company,
$230,472.01. Payments— interest on funded debt, $206,000.
Abstract of operations for six years :
Fiscal Years.
Miles
R. R.
Passen-
gers.
Train
Mileage.
Freight,
Tons.
Train
Mileage.
Gross
Earnings.
Net
Earnings.
1872...
117
108,821
86,035
$264,390
$90,205
1873
117
113.616
106,242
77,483
99,795
253,784
62,137
1874
117
121,816
114,434
85,982
104.598
274,595
83.207
1875
117
103,465
103,620
85,568
101,115
258,472
32,709
1876
117
93021
131,106
82,409
101,512
232,116
17,973
1877
117
86,942
112,066
104,568
133,844
264,445
General Balance, December 31, 1877.
Construction Account $4,665,449 60
Cash and Current Assets 116,447 85
Profit and Loss 998,269 67
Capital Stock
Funded Debt
Other Liabilities
$5,780,167 12
Abstract of general balances for six years :
.$1,402,000 00
. 3,150,000 00
. 1,228,167 12
$5,780,167 12
Fiscal
Years.
Miles
of
Track.
En-
gines.
Cars.
Stock.
Bonds.
Debts.
Railroad
and
Equipments.
Other
Property and
Assets.
1872.
135.0
6
207
$1,402,000
$3,150,000
$277,029
$4,613,436
$87,913
1873.
135.0
8
207
1,402,000
3,150,000
453,296
4,647,854
85.937
1874.
135.0
8
207
1,402.000
3,150.000
587,668
4,649,449
91,061
1875.
135.0
8
207
1,402.000
3,150,000
763,933
4,665,488
77,996
1876.
121.7
8
236
1,402,000
3,150,000
966,154
4,665,450
84,906
1877.
121.7
8
236
1,402,000
3,150,000
1,228,167
4,665,450
116,448
Statement of funded debt in detail, December 31, 1877 :
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal,
When Due.
Issued.
Out-
standing.
1st Mortgage Bonds
Sept., 1867.
June, 1870.
7 p. c.
6 "
Feb. and Aug.
May and Nov.
Feb., 1908.
May, 1900.
$1,700,000
1,450,000
$1,700,000
1,450,000
RAILROAD MANUAL OF THE UNITED STATES. 677
Directors (elected May 22, 1877). — Thomas A.lScott, George B. Roberts and H.
H. Houston, Philadelphia, Pa. ; William Thaw, J. N. McCullough, Thos. D. Messier
and W. H. Barnes, Pittsburg, Pa.
THOMAS A. SCOTT, President Philadelphia, Pa.
William Thaw, Vice-President Pittsburg, Pa.
Comptroller— T. D. Messier Pittsburg, Pa.
Auditor — J. W. Rentier "
Treasurer— M. C. Spencer " "
Secretary — Frank Semple " "
Gen. Manager— D. W. Caldwell Columbus, O.
Superintend? t— E. W. McKenna.. Indianapolis, Ind.
Chief Engineer— M. J. Becker Pittsburg, Pa.
Gen. Tkt. Agent— W. L. O'Brien Columbus, O.
Gen. Frt. Agent— William Stewart. . .Pittsburg, Pa.
Purchasing Agent— W. Mullins "
PRINCIPAL OFFICE AND ADDRESS.. Pittsburg, Pa.
JEFFEKSONVILLE, MADISON AND INDIANAPOLIS E. K,
Line of Road. — Louisville, Ky., to Indianapolis, Ind 111.50 miles.
Branches, named below 113.35 "
Total length of line owned and operated 224.85 miles.
Sidings, etc., 22 miles. Gauge, 4 feet 9 inches. Rail, 60 Ibs. Steel rails, 2 miles.
This company was formed, May 1, 1866, by the consolidation of the Jeffersonville
and the Madison and Indianapolis R. R. Cos., and the road was leased to the Penn-
sylvania Company and has been operated by it from January 1, 1873.
The Madison and Indianapolis R. R. Co. was organized in 1842, and the road be-
tween those two points, 96 miles, was opened in 1847. In 1862 it was sold under fore-
closure, and reorganized, March 28, 1862, as the Indianapolis and Madison R. R. Co.
The Jeffersonville R. R. Co. was chartered January 20,1846, under the title of the
Ohio and Indianapolis R. R. Co., to construct a road from Jeffersonville to Columbus,
Ind., at which point it connected with the Madison and Indianapolis R. R. The name
was changed to Jeffersonville R. R. Co. January 15, 1849, and the road opened in
1853. On the 1st of May, 1866, the two companies were consolidated under the
present title — the line from Jeffersonville to Indianapolis being regarded as the main
line, and the Madison portion, from Columbus to Madison, 45 miles, as a branch. The
extension to Louisville was opened in 1871. A branch from Jeffersonville to New
Albany, 6 miles, was built in 1866 ; and the branch from Columbus to Cambridge
City, 64 miles, was completed in 1867. The operations here given are on the main
line and Madison Branch, 161 miles in all.
By the terms of the lease, the lessees are to cake care of the liabilities of the
property, and pay to the stockholders 7 per cent, per annum.
Rolling Stock. — Locomotive engines, 44. Cars — passenger, 33 ; baggage, mail
and express, 12 ; freight (box, 391 ; platform, 259 : stock, 27 ; and coal, 50), 727— total
revenue cars, 772. Also, 13 caboose, 7 transfer, and 11 service cars.
Operations for year ending December 31, 1877. — Trains run — passenger, 396,135 ;
freight, 578,618; and other, 21,222— total, 995,975 miles. Passengers carried,
659,976 ; carried one mile, 11,947,638. Freight moved, 1,339,501 tons ; moved one
mile, 41,751,488 tons.
678
KAILEOAD MANUAL OF THE UNITED STATES.
Earnings.
(161 Miles.)
Expenditures.
From. Passengers $357,262 11
" Freight 741,911 63
" Mail and Express 46,85186
Miscellaneous 30,149 09
For Maintenance of Way $148,434 75
" EollingStock 248,57819
" Transportation 235,06527
Miscellaneous 46,864 29
$1,176,174 69 $678,942 50
Balance — net earnings/$497,232.19 ; add one "half net earnings Cambridge Exten-
sion R. R., $1,801.76 — total net revenue, $499,033.95. Payments from net earnings
—interest on funded debt, $337,207.50 ; dividends (7 per cent.), $140,000 ; otlier pay-
ment from income, $1,800— total, $479,007.59. Profit to lessors, $20,026.45.
There was also invested in the sinking fund $15,000.
Abstract of operations for seven years :
« £
SJ
feiH
Train
Mileage.
Passen-
gers.
Freight,
Tons.
Gross
Earnings. -
Operating
Expenses.
Net
Revenue.
Interest
on Bonds.
Balance
to Credit.
Divi-
dends.
1871.
919,288
515,294
388,278
$
1,290,950 42
$
832,752 05
$
458,198 37
$
343,555 00
$
114,643 37
$
1872.
1873.
1874.
1875.
1,061,102
1,157,796
1,123,139
1,057,804
658,633
658,928
684,147
748,731
468,236
624,102
846,154
1,210,343
1,257,280 54
1,379,791 48
1,348,582 89
1,224,147 25
817,609 97
933,591 60
829,512 22
755,866 04
469,670 57
446,199 88
519,070 67
468,281 21
342,312 50
341,762 36
340,655 00
339,412 50
127,358 07
104,437 52
21,415 67
140,000
140,000
140,000
140 000
1876.
1,018,497
696,742
1,380,114
1,171,874 69
727,868 88
444,005 81
338,257 50
140000
1877.
995,975
659,976
1,339,501
1,176,174 69
678,942 50
499,033 95
337,207 50
20,026 45
140,000
General Balance, December 31, 1877.
Construction Account $6,508,712 76
Sinking Fund 170,319 88
Cash and other Assets 80,989 73
Profit and Loss 320,457 56
Capital Stock $2,000,000 00
FundedDebt 4,821,000 00
Sundry Accounts ' 80,479 93
$7,080,479 S3
Abstract of general account for seven years :
$7,080,479 93
Years.
Miles
R. R.
En-
gines.
Cars.
Stock.
Bonds.
Other
Liabilities.
Construction.
Other
Assets.
1871..
161
41
883
$2,000,000
$4,905,000
$510,527 33
$6,316,097 58
$1,999,429 85
1872.. ..
161
41
756
2,000,000
4,888,000
1,215013 05
6 318 943 58
1,222 865 74
1873
161
45
827
2,000,000
4,871,000
760,617 28
6,318,943 58
1,312,673 70
1874
161
44
772
2,000,000
4,853,000
349,416 28
6,318,943 58
883,472 70
1875
161
44
778
2,000,000
4,836,000
575,365 98
6,318,943 58
1,092,422 40
1876
161
44
783
2.000,000
4,821,000
449,134 64
6,515,287 50
754,847 14
1877
161
44
772
2,000,000
4,821,000
80,479 93
6,508,712 76
571,767 17
Description of bonds issued and outstanding, January 1, 1878 :
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal,
Wheu Due.
Amount
Author-
ized.
Amount
Out-
standing.
J., M. and I. 1st Mortgage. . .
2d
Ind. & Mad. 1st "
Oct. 1, 1866.
July 1, 1870.
May 1, 1862.
7
7
7
April and Oct.
Jan. and July.
May and Nov.
Oct. 1,1906.
July 1, 1910.
May 1, 1882.
$3,000,000
2,000,000
685,000
$2,409,000
2,000,000
397,000
The funded debt in this table is less sinking fund.
BATLROAD MANUAL OF THE UNITED STATES. 679
Directors (elected May 21, 1877).— Thomas A. Scott, Philadelphia, Pa.; Wm.
Thaw, J. N. McCullough, Pittsburg, Pa. ; George B. Roberts and Henry H. Houston,
Philadelphia, Pa. ; Geo. S. McKiernan, New Albany, Ind. ; Richard W. Thompson,
Terre Haute, Ind. ; Dillard Ricketts and Richard J. Bright, Indianapolis, Ind.; James
L. Bradley, Edinburg, Ind.; Samuel H. Patterson, J. H. McCampbell, Jefferson ville,
Ind.; Wm. B. Hamilton, Louisville, Ky.
THOMAS A. SCOTT, President Philadelphia, Pa.
General Manager— D. W. Caldwell. .Columbus, O. | Sec. and Treas.—G. S. McKiernan.. Louisville, Ky.
w Superintendent— Horace Scott Louisville, Ky.
PRINCIPAL OFFICE AND ADDRESS Louisville, Ky.
Transfer Office Farmers' Loan and Trust C., New York City.
KINGAN KAILKOAD.
Line of Road. — In City of Indianapolis 0.43 mile.
Sidings, 0.46 mile.
This is a local road, owned and operated by a private company. No information
as to rolling stock, operations, or financial condition furnished. It is assessed at
$10,000 per mile for road, and $4,000 for rolling stock.
PRINCIPAL OFFICE AND ADDRESS Indianapolis, Ind.
LAFAYETTE, MUNCIE AJSTD BLOOMIJSTGTON KAILKOAD.
Line of Road. — Muncie, Ind., to Illinois State Line 114.44 miles.
Sidings, 1.8 mile. Gauge, 4 feet 8£ inches. Rail, 56 Ibs. Steel rail, 12 miles.
This road forms a direct connection with the Lafayette, Bloomington and Missis-
sippi Railroad at the Illinois State Line, and was leased to the Toledo, Wabash and
Western Railway Company.
Rolling- Stock. — Locomotive engines, 10. Cars — passenger, 6 ; baggage 2 ;
freight, 255 ; service, 8.
Operations for year ending May 1, 1878. — Trains run — passenger, 129,929 ; freight,
etc., 198,347 — total, 328,376 miles. Passengers carried, 68,875 ; freight moved,
159,444 tons. Earnings from passengers, $50,510.71 ; from freight, $164,480.09 ;
miscellaneous, $30,568.67— total, $245,557.47. Operating expenses not reported.
Financial Statement. — No report of stock. The MANUAL for 1874-75 gives the
following : Capital stock authorized, $3,000,000 ; and funded debt, 1st mortgage 7 per
cent, bonds, dated August 1, 1871, interest payable semi -annually, February and
August, and principal due August 1, 1901, $1,500,000. There have been issued on
the Western Division (Lafayette to State Line) stock, $117,073 ; and bonds, $666,000
—total stock and bonds (cost of 36 miles of road), $783,073.
680 KAILKOAD MANUAL OF THE UNITED STATES.
No later report. The lease terminated with the reorganization of T., W. and W.
By. Co. The whole line has been brought into operation during the last year.
GEO. H. CHAPMAN, Receiver , Lafayette, Ind.
Cashier— A. D. Thomas Lafayette, Ind. I Superintendent— -E. H. Waldron. . . .Lafayette, Ind.
Chief Engineer— S. K. Richards " | Master Mechanic— C. E. Gore
PRINCIPAL OFFICE AND ADDRESS Lafayette, Ind.
LAKE ERIE, EVANSVILLE AND SOUTHWESTERN
RAILWAY.
Line of Road. — Evansville, Ind., to Booneville, Ind 17.5 miles.
Sidings, etc., 1 mile. Gauge, 4 feet 9 inches. Rail, 52 Ibs.
Chartered April, 1871. Road opened August 4, 1873.
Rolling Stock. — Leased. None owned.
Operations for "year ending April 30, 1878. — Not reported. Gross earnings,
$28,000 ; operating expenses, $26,000.
Financial Statement, April 30, 1878. — Not reported. The road was sold Octo-
ber 31, 1877, and is now in process of reorganization.
Directors (elected 1877).— G. T. M. Davis, N. H. Decker, T. H. Mason, New York
City ; S. Bayard, M. Henning, T. E. Garvin, W. H. Dixon, Evansville, Ind. ; H. B.
Hanson, Saratoga, New York ; Will. Cumback, Greensburg, Ind. ; J. N. McBeth, Belle-
fontaine, 0.
GEORGE H. ELLEBY, Receiver New York City.
Treasurer— W '. Hart Smith New York City.
PRINCIPAL OFFICE AND ADDRESS Evansville, Ind.
LOGANSPORT, CRAWFORDSVILLE AND SOUTHWESTERN
RAILWAY.
Line of Road. — Logansport, Ind., to Rockville, Ind 93 miles.
Branch line : Sand Creek, Ind., to Coal Mines 2 "
Leased : Rockville to Terre Haute (E. and C. R. R.) 23 "
Sidings and other tracks, 4.9 miles. Gauge, 4 feet 8-J- inches. Rail, 50 and 56 Ibs.
Opened August, 1872.
Rolling Stock. — Locomotive engines, 8. Cars — passenger, 6 ; baggage, mail and
express, 3 ; freight (box, 33 ; stock, 10 ; platform, 14 ; and coal, 183), 240— total, 249.
Operations for year ending December 31, 1877. — Trains run — passenger, 151,433 ;
freight, etc., 105,548- total, 256,9bl miles. Passengers carried, 89,721. Freight
moved, 116,239 tons.
RAILROAD MANUAL OF THE UNITED STATES.
681
Earnings.
From Passengers $68,056 42
" Freight 119,04830
" Miscellaneous 9,67370
$196,778 42
Expenditures.
For Maintenance of Way $56,889 88
" Kolling Stock 26,06493
" Transportation 81,07630
$164,031 11
Balance — net earnings, $32,767.37. From old account, $924.94. Total net,
$33,617.85. Payments : Hire of rolling stock, $14,985.04 ; other accounts, $17,549.34
—total, $32,534.38. Balance, $232.99.
Financial Statement, May 1, 1873. — Capital stock, $1,500,000; funded debt,
$2,000,000— total stock and bonds, representing cost of road, $3,500,000.
Statement of funded debt in detail, May 1, 1873 :
Character of Bonds.
Date of
Bonds.
Kate.
Interest Payable.
Principal
Payable.
Authorized.
Out-
standing.
First Mortgage
Aug 1870
8 gold
Quarterly
Au°- 1900
$1 500 000
$1 500 000
Second Mortgage
Jan , 1873
8 gold
Jan and July
Jarf 1903
500 000
500 000
No later statement than the above is furnished. This road has been placed in
the hands of a Receiver, and no account of its financial condition could be furnished.
JOSEPH P. CLAYBROOK, Receiver Terre Haute, Ind.
Cashier W. P. Truesdale. I Superintendent W. G. Brimson.
Auditor W. F. Smith. \ Gen. Freight and Ticket Agent T. H. Malone.
PRINCIPAL OFFICE AND ADDRESS Terre Haute, Ind.
LOUISVILLE, NEW ALBANY AND. CHICAGO EAILWAY.
Line of Road.— New Albany, Ind., to Michigan City, Ind 288.26 miles.
Sidings and other tracks, 17 miles. Gauge, 4 feet 8^ inches. Rail, 56 Ibs.
This company is a reorganization of the Louisville, New Albany and Chicago
Railroad Co., whose road was sold in 1872 under foreclosure, and purchased in behalf
of the 1st mortgage bondholders for the sum of $3,000,000.
All information in regard to this road is refused. The following is believed to
be nearly correct.
Boiling Stock. — Locomotive engines, 86. Cars — passenger, 15; baggage, mail
and express, 10 ; box, freight, 154; stock, 50; and platform and coal, 247 — total rev-
enue cars, 476.
The earnings for the year 1877 are stated to have been $547,000 ; operating ex-
penses, $527,000, leaving a net revenue of $20,000.
Financial Statement. — Capital stock, $3,000,000. No funded debt. No state-
ment of floating debt. All other information refused.
Directors.— G. F. Talman, Moses Taylor, F. Schuchardt, J. H. Banker, E. Min-
682
RAILROAD MANUAL OF THE UNITED STATES.
turn, C. P. Leverich, Samuel Sloan, G. L. Schuyler, John J. Astor, R. G. Rolston, J.
T. Wells and Isaac Bell, New York City ; and Wm. F. Reynolds, Lafayette, Ind.
WILLIAM F. REYNOLDS, President La Fayette, Ind.
Jas. M. Reynolds, Vice-President " "
Treas. and Sec.—Wm. H. Lewis.New Albany, Ind.
Superintendent— J '. S. Day '•
Purchasing Agt.-W. M. Lewis. "
Mas. Machinery— Geo. Ruhlandt,New Albany, Ind.
Master Car Eepairs—G. Helfrich, " "
Gen.Tkt.&Ft.Agt.—E.3. Brooks, " " "
PRINCIPAL OFFICE AND ADDRESS New Albany, Ind.
Transfer Office 26 Exchange Place, New York City.
MICHIGAN CITY AND INDIANAPOLIS EAILEOAD.
Line of Road. — Michigan City, Ind., to La Porte, Ind 12.5 miles.
This road is an extension to Lake Michigan of the Chicago, Cincinnati and Louis-
ville R. R., and was completed in December, 1870.
This company has refused for several years to furnish any information.
PRINCIPAL OFFICE AND ADDRESS Michigan City, Ind.
OHIO AND MISSISSIPPI EAILWAY.
Line of Road. — Cincinnati, O., to East St. Louis, 111 333.72 miles.
Branches, named below 274.52 "
Total length of line owned and operated 608.24
Sidings, etc., 103 m. Gauge, 4 feet 9 inches. Rail, 56 and 60 Ibs. Steel rails, 70 m.
This company was chartered in Indiana February 14, 1848 ; in Ohio, March 15,
1849, and in Illinois, February 12, 1851. The road was built by two corporations,
and completed in 1857, the operations being carried on by agreement as one line, the
portion from Cincinnati to the Illinois State Line being known as the Eastern, and
that in Illinois as the Western, Division. As originally built, it had a gauge of 6
feet. The Eastern Division was placed in the hands of a Receiver in April, 1860,
and the Western Division sold under foreclosure in June, 1862, and reorganized as
the O. and M. Ry. Co., by act of Illinois, February 5, 1861. The Eastern Division
was sold January 9, 1867, to the owners of the Western Division, and the entire line
consolidated, November 21, 1867, with the present title. The Louisville Branch,
from North Vernon to Jeffersonville, Ind., 52.52 miles, was built under act of March
3, 1865, and opened in 1869. The Springfield Division, was formerly the Springfield
and Southeastern Railway, extending from Beardstown to Shawneetown, 111., 222
miles, and was bought by the O. and M. Ry. Co., March 1, 1875, for $1,700,000 in
RAILROAD MANUAL OF THE UNITED STATES.
683
bonds, secured by mortgage on that division. The road was again placed in the
hands of Receivers November 17, 1876. In July, 1871, the gauge was changed from
6 feet to 4 feet 9 inches.
Rolling Stock.— June 30, 1876 (latest reported).— Locomotive engines, 124. Cars
— passenger, 58; baggage, mail and express, 31; freight (box, 1,414; stock, 153;
coal and other, 934), 2,501. Total revenue cars, 2,590. Also, 2 officers' cars, 9 ser-
vice cars, 27 G. W. despatch cars, and 55 caboose cars.
Operations for year ending June 30, 1877.— Not reported. The Receiver's report
states the gross earnings for eight months ending December 31, 1877, on main line
as follows : from passengers, $615,831.59; from freight, $1,295,832.43 ; other sources,
$102,090.21— total, $2,013,754.23; less transfers, $157,154.03— total, $1,856,600.20 ;
operating expenses, $1,278,479.07. Balance, net earnings, $578,123.13. Springfield
Division — gross earnings, $233,585.97; operating expenses, $276,602.59; deficit,$43,-
016.62— total earnings all lines, $2,090,187.17; operating expenses, $1,555,074.66 ;
net earnings, $535,106.51. The floating debt at the time of the Receiver's appoint-
ment was $1,401,736.17, of which there remained unpaid May 17, 1877, $797,655.51 ;
and December 31, 1877, $694,993.28. The interest on the 1st mortgage bonds due
January 1, 1877, was paid October 1, 1877 ; and that due July 1, 1877, was paid Feb-
ruary 1, 1878.
Abstract of operations for nine years :
Fiscal
Years.
Miles
of
R. R.
Passen-
gers.
Mileage.
Freight,
Tons.
Mileage.
Gross
Earnings.
Net
Earnings.
Interest.
* Div's.
1868....
1868-69.
1869-70.
1870-71.
1871-72.
1873-73.
1773-74.
1874-75.
1875-76.
340
340
393
393
393
393
393
623
619
$2,964,041
2,915,547
3,188,137
3,197,153
3,343,846
3,754,337
3,122,502
3,204,480
3,382,032
$663,427
867,629
859,886
798,212
984,008
1,141,109
931,193
863,510
842,306
$558,011
367,405
456,853
456,887
616,288
771,294
846,041
845,472
757,137
356,748
381,244
384.514
404,765
477,0ti2
469,185
638,052
754,265
30,256,534
30,459,353
32,908,901
32,543,589
36,974,603
37,018,326
42,390,046
41,919,667
435,883
528,702
664,676
708,799
927,258
931,465
992,137
1,284,254
58,301,811
69.838,274
88,154,054
107,684,078
143,436,311
147,005,882
145,282.802
173,105,806
$253,278
282,100
292,233
285,197
281,701
280,"434
* On preferred stock.
The net earnings in above table are less taxes paid.
General Balance, December 31, 1874.
Construction Account $34,805,250 92
Uncollected Earnings . . .
Supplies and Materials.
Individual Accounts
Cash .,
54,193 23
176,174 06
27,688 53
211,722 77
$35,224,029 51
Capital Stock, Common and Prefd. .$24,030,000 00
Funded Debt •. 10,678,000 00
Debenture Bonds.
Pay Rolls
Sundry Accounts.
180,000 00
104,942 99
231,086 52
$35,224,029 51
The capital stock consists of $20,000,000 common and $4,030,000 of preferred stock.
The above is the latest general balance sheet furnished.
684
KAILKOAD MANUAL OF THE UNITED STATES.
Statement of Bonded Debt, June 30, 1876.
Character.
Kate of interest and
when Payable.
Principal
Payable.
Amount
Authorized.
Amount
Outstand-
ing.
let Mort. Bonds. E and W. Division.
$5,000
2d " " W. Division
7 p. c., 1st Jan. & 1st July.
1st Jan., 1876.
$433,000
• 97,000
Income and Funded Debt Bonds
Consolidated Mortgage
Sterling Consol. Mort.
" S. F.
Consolidated S. F. Mort.
2d Cons. Mort. and S. F.
Debenture S. F.
1st April & 1st Oct.
1st Jan. & 1st July.
K «
U ((
1st April & 1st Oct.
1st May & 1st Nov.
1st Oct., 1882.
1st Jan., 1898.
U 11 U
(< K 11
« tl <(
1st Apr., 1911.
1st May, 1883.
174.000
3,095,000
105,000
7,000
3,593,000
4,000,000
1,000,000
174,000
3,067,000
105,000
7,000
3,478,000
3,864,000
140,000
$12,407,000
$10,937,000
First Mortgage Springfield Division.
7 p. c., 1st May & 1st Nov.
1st Nov., 1905.
3,000,000
1,915,000
Total
$15,407,000
$12,852,000
The Receiver's report states that the debenture sinking fund bonds are unsecured.
The total unpaid interest on secured debt and contributions to sinking fund to Decem-
ber 31, 1877, amounted to $580,462.19, in addition to the accrued interest on the
Springfield Division.
The committee of stockholders have recommended that hereafter the coupons on
1st mortgage bonds, due in January and July, be regularly paid, the overdue coupons to
be paid as soon as the floating debt is arranged : those overdue on 2d mortgage bonds
to be funded in 10-year 7 per cent, bonds, and payment of coupons to be resumed April
1, 1879 ; and the contribution to the sinking fund of the debentures to be abandoned.
The interest on the Springfield Division bonds to be funded to include November 1,
1878. This arrangement will postpone payment of coupons until April 1, 1879, except
on the 1st mortgage, when the amount of interest payment will be $502,310, to meet
which it is estimated the net earnings will reach $832,071,41, leaving applicable to the
floating debt, $329,761.41. The remainder of the present floating debt, $339,448.31,
it is proposed to pay in installments, with interest.
Directors (elected October 11, 1877).— Till October, 1881— Wm. White wright,
Jr., Adrian Iselin, New "Xork ; W. W. Scarborough, Cincinnati, 0. ; and Theodore G.
Meier, St. Louis. Till October, 1879 — J. Pierpont Morgan, New York; Eobert Gar-
rett, Baltimore ; R. M. Bishop, Cincinnati, 0. Till October, 1880— W.H. Bloodgood,
New York ; F. W. Tracy, Springfield, 111. ; Lewis B. Parsons, St. Louis. Till Oct.
1878 — Kenner Garrard, Wm. T. McClintick, Cincinnati ; C. A. Beecher, St. Louis.
L. B. PARSONS, President...
John King, Jr., Receiver
, . St. Louis, Mo.
.Baltimore, Md.
Superintendent— -W '. W. Peabody — Cincinnati, O.
Secretary— W '. M. Walton New York City.
Treasurer — Charles S. Cone St. Louis, Mo.
Auditor— E. K. Punnett "
Purchasing Agent— Q. E. Atwood . . "
Master Mech.—S. F. Sechler Yincennes, Ind.
Gen. Ticket, Agent— C. S. Cone, Jr. .St. Louis, Mo.
Gen. Fgt. Agent — William Duncan.. "
Eastern Agent— W. McGibney New York,
Master Car Builder— 3 . P. Coulter.. Cochran, Ind.
PRINCIPAL OFFICE AND ADDRESS St. Louis, Mo.
Fiscal and Transfer Agency 54 William Street, New York City.
RAILROAD MANUAL OF THE UNITED STATES. 685
TEHEE HAUTE AND INDIANAPOLIS EAILEOAD.
Line of Road. — Indianapolis, Ind., to Illinois State Line 78.92 miles.
Coal Branches (less sidings, 11 miles) 30.66 "
Total length of line operated 109.58 miles.
Sidings, 36.22 miles. Gauge, 4 feet 8£ inches. Rail, 60 Ibs. Steel rails, 69 miles.
Chartered as Terre Haute and Richmond R. R. Co., 1847. Road opened Feb., 1852.
This company lease and operate the St. Louis, Vandalia and Terre Haute R. R.
for account of themselves and the Pittsburg, Cincinnati and St. Louis Railway Com-
pany. The rent is 30 per cent, of gross earnings. The T. H. and Ind. R. R. Co. also
guarantee the 1st and 2d mortgage bonds of the St. L., Van. and T. H. R. R. Co.
Rolling1 Stock. —Locomotive engines, 37. Cars — passenger, 22 ; baggage, mail
and express, 15 ; freight (box, 186 ; stock, 89 ; platform, 67 ; and coal, 655), 997 — total
revenue cars, 1,034. Also, 16 caboose and 38 service cars.
Operations for year ending November 31, 1877. — Trains run — passenger, 216,-
274 ; freight, 698,022 ; and other, 23,520— total, 937,816 miles. Passengers carried,
218..989. Freight moved, 1,023,672 tons.
Earnings.
From Passengers $279,315 51
" Freight 694,71109
" Mail and Express 51,218 10
Miscellaneous . . 784 03
Expenditures.
For Maintenance of Way $186,271 36
" Rolling Stock 269,256 60
" Transportation, etc 199,594 62
Miscellaneous, including Taxes 52,104 34
$1,026,028 73 $707,256 92
Balance— net earnings, $318,771.81, add dividends on stocks held, $25,632— total
net revenue, $344,403.81. Payments from net earnings — I. and St. L. R. R. pool, $68,-
058.76 ; interest on bonds, $90,405 ; dividends (6 per cent.), $119,289 ; other payments,
$10,618.40. Balance— surplus, $56,032.52.
Abstract of operations for ten years :
Fiscal Years.
Train
Mileage.
Passen-
gers.
Freight,
Tons.
Gross
Earnings.
Operating
Expenses.
Net
Earnings.
Divi-
dends.
1867-68...
459,274
266 128
333 728
$1 180 385 96
$627 720 99
$5?$ 664 97
12
1868-69
513,198
283784
579 432
1 270 043 32
607 597 91
662 445 41
12
1869-70
578,258
256 362
642 325
1 171 526 53
654 086 61
517 439 92 '
12
1870-71
671 729
161 457
686 145
1 119 144 22
607 067 62
512 076 60
12
1871-72
816,350
199 997
834 850
1 070 354 40
727 086 59
343 267 81
12
1872-73
860,344
226,745
821 388
1 107 258 47
825 075 49
282' 182 97
U
1873-74
616,780
220 132
712 913
1 040 678 10
660 657 28
380 020 62
11
1874-75..,
829,139
256,675
899 499
1 092 007 79
720' 294 73
371 713 96
10
1875-76
899,745
244 179
951 213
1 076 965 22
721 009 78
355 955 40
10
1876-77
937,816
218,989
1,023 672
1 026 028 13
707 256 02
344 403 81
g
General Balance, November 30, 1877.
Construction Account $3,081 ,378 26
Materials 25,237 71
Stock and Bonds 1,417,530 13
Bills Receivable, etc 298,705 77
Sundry Accounts 398,168 41
Cash in hands of Treasurer 212,872 70
$5,443,892 98
Capital Stock $1,988,150 00
Funded Debt 1,600,000 00
Bills and Accounts Payable 443,947 92
December Dividend 119,289 00
Sundry Accounts 18,890 50
Surplus ' 1,263,615 56
$5,443,892 98
686 RAILROAD MANUAL OF THE UNITED STATES.
Statement of funded debt in detail :
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal,
When Due.
Amount
Authorized.
Am't Out-
standing.
First Mortgage . .
July 1, 1869.
7
April and Oct.
July 1, 1879.
$800,000
It 44
April, 1873.
7
4" 44
April, 1893.
800,000
Abstract of general account for ten years
Close of
Year.
Miles
of
Track.
En-
gines.
Cars.
Stock.
Bonds.
Total.
Surplus
Income.
Road
Equipment,
Etc.
Stock and
Bond In-
vestment.
1867-68. . .
98.75
28
639
$1,988,150
$1,988,150
$951,278
$2,016,705
$677,235
1868-69
1869-70
109.00
117.25
31
35
736
757
1,988,150
1,988,150
$348,666
800,000
2,336,150
2,788,150
1,049,365
1,095,523
2,215,996
2,650,782
1,157,178
1,441,165
1870-71. . .
133.75
35
803
1,988,150
800000
2,788,150
1,135,908
2,601,225
1 285 247
1871-72
136.15
36
812
1,988,150
800,000
2,788,160
1,173,143
2,809,8(38
1,555 371
1872-73
1873-74. . . .
139.13
149.46
40
40
1,052
1,052
1,988,150
1.988,150
1,316,000
1 600000
3,304.150
3,588,150
1,205,753
1,203,139
3.082,333
3,081,378
1,371,180
1 328 689
1874-75
149.46
40
1,053
1,988,150
1,600,000
3,588,150
1,195,108
3,081,378
1,398680
1875-76
1876-77
156.98
157.80
40
37
1,028
•1,034
1.988,150
1,988,150
1.600,000
1,600,000
3,588,150
3,588,150
1,207,583
1,263,616
3,081,378
3,081,378
1,403,680
1,417,530
Directors (elected January 7, 1 878). — W. K. Edwards, Alex. McGregor, W. R.
McKeen, W. B. Tuell, D. W. Minsliell, F. C. Crawford, and J. Callett, Terre Haute,
Ind.
W. R. McKEEN, President Terre Haute, Ind.
Gen. Manager— John E. Simpson.. .St. Louis, Mo.
Treasurer— R. A. Morris Terre Haute, Ind.
Sec. & Aud.—W. H. Buckingham "
Chief Engineer — Joshua Staples.. Indianapolis, "
Purch. Agent— -C. R. Peddle Terre Haute, "
Supt. Motive Power — C. R. Peddle.Terre Haute, Ind.
Master Mech.—E. D. Carter. "
Master Trans.— N. K. Elliott.... " " "
Gen. Ticket Agent— C. E. Follett....St. Louis, Mo.
Gen. Fgt. Agt. — H. W. Hibbard. Indianapolis, Ind.
PRINCIPAL OFFICE AND ADDRESS Terre Haute, Ind.
UNION EAILEOAD.
Line of Road. — Around Indianapolis, Ind 12.10 miles.
Second track, 6.20 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
This company was organized to build a connecting road for all the lines centering
in Indianapolis. It owns no rolling stock.
Financial Statement. — Capital stock, $250,000, representing cost of road.
Officers, etc. — Same as other lines at Indianapolis, Ind.
WABASH EAILWAY.
Line of Road.— Toledo, O., to Quincy, 111 473.60 miles.
Branches, named below 160.00 "
Leased line : Hannibal and Naples R. R 56.00 "
Total length of line owned, leased and operated 689.60 miles.
Sidings, etc., 131 miles. Gauge, 4 feet 8£ inches. Rail, 53 Ibs. Steel rails, 307 miles.
RAILROAD MANUAL OF THE UNITED STATES.
687
This company was organized January 1, 1877, by the purchasers of the Toledo,
Wabash and Western Railway, whose company had been formed by the consolidation,
at different times, of various companies. The Toledo and Illinois R. R. Co. was or-
ganized in Ohio, April 25, 1853, and the Lake Erie, Wabash and St. Louis R. R. Co. in
Indiana, August 19, 1853, and were consolidated under the name of the T., W. and W. R.
R. Co., June 25, 1856, but the road was sold under foreclosure in October, 1858, and the
Ohio portion bought by the Toledo and Wabash, and the Indiana portion by the
Wabash and Western R. R. Cos., which were consolidated October 7,^1858, under the
former name. In Illinois, the Sangamon and Morgan R. R. was commenced as a
State work in 1838, but was afterward sold to the Great Western R. R. Co. of 1859,
which, with the Quincy and Toledo and the Illinois and Southern Iowa R. R. Cos.,
were consolidated July 1, 1865, with the Toledo and Wabash R. R. Co.as the T., W. and
W. Ry. Co. in August, 1870, purchased the Decatur and E. St. Louis R. R., 108.5 miles
long, now operated as a branch. The other branches running from Clayton to Hamil-
ton, 111., 41. 5 miles, and from Edwardsville Junction to Edwardsville Crossing, 111.,
8.5 miles. The Hannibal and Naples R. R., 56 miles, is leased.
In February and May, 1875, this company made default on the interest of the
various classes of its bonds, and the road was in the hands of a Receiver until reor-
ganization.
Rolling Stock. — Locomotive engines, 196. Cars — passenger, 68 ; baggage, mail
and express, 40 ; and freight (box, 3,048 ; stock, 523 ; platform, 401 ; coal, 490), 4,462
— total revenue cars, 4,670. Also, 133 caboose and service cars.
Operations for year ending December 31, 1877. — Trains run — passenger, 1,181,177 ;
freight, 2,689,435 ; other, 930,732— total, 4,801,344 miles. Passengers carried, 893,-
543 ; carried one mile, 39,977,180. Freight moved, 1,403,866 tons ; moved one mile,
380,668,034 tons.
Earnings.
From Passengers $1,126,497 41
" Freight 3,162,52457
" Mail and Express 233,10268
Miscellaneous 63,789 64
Expenditures.
For Maintenance of Way $830,856 22
" RollingStock 1,230,46445
" Transportation 1,081,299 88
Miscellaneous ... 187, 180 86
^4,585,914 30 $3,329,801 41
Balance — net earnings (27 per cent.) $1,256,112.89. Payments — rental and rolling
stock, $89,403.10; interest and sinking fund, $811,921.25; other payments, $182,-
497.01 ; total, 1,083,821.27. Balance, $172,291.52.
The percentage of operating expenses to income was 73 per cent, in 1877 against
80 per cent, in 1876, 68| per cent, in 1875, 70 per cent, in 1874, and 73| per cent, in
1873.
Abstract of operations for seven years :
Years.
Passen-
gers.
Train
Mileage.
Freight,
Tons.
Train
Mileage.
Gross
Earnings.
Net
Earnings.
Interest.
Dividends.
Pref. Stock.
1871..
633,166
1,073,943
2,580,820
$5 736,666
$1,959,838
$1,353,494
7 per cent.
1872
667,059
1,081,700
1,349,052
3,001 600
6 008,978
1,628,182
1,275,232
Ft it <(
1873...
629 799
866,063
1 442963
3 025 812
5 738 808
1,331,429
1,386,000
1874
799695
939 801
1 277 356
2 880 449
5047 192
1,210,753
1,420,875
1875
880,644
1,185,882
1,092 219
2 419 573
4'004,274
1,260,835
1876
936 099
1 207 559
1 232 632
2 357 985
4 410 223
855,812
1877
893,543
1,181,177
1,403,866
2,689 435
4 585,914
1,256,113
811,921
688
BAILEOAD MANUAL OF THE UNITED STATES.
General Balance, December 31, 1877.
Construction $36,311,467 60
Materials
Bills Receivable . . .
Current Accounts.
Cash on Hand..
191,421 75
56 02
813,524 94
21,306 83
$37,337,777 19
Abstract of general balances for seven years :
Capital Stock
$16,000,000 CO
Funded Debt
20,311,467 60
Current Accounts
805,420 21
Bills Payable
48,597 65
Profit and Loss
172,291 53
$37,337,777 19
Fiscal
Years.
Miles of
Track.
En-
gines.
Cars.
Stock.
Bonds.
Debts.
Railroad
and Equip-
ments.
Other Prop-
erty and
Assets.
1870
659.1
153
2679
$16 000,000
$18,387 000
$1,022,463
$33,590,000
$1,263,067
1871
688.6
182
3,384
16,000,000
17,704,000
858,744
33,683,000
673,587
1872
716.2
189
4,396
16,000,000
17,683,000
496,044
34,683,000
1,480,044
1873 ....
736.4
193
4536
16,000 000
19800000
35,368 855
1874
972.4
198
4536
16,000,000
20,113,000
35,685,855
1875
972.4
196
4,475
16,000,000
20,117,000
35,685,855
1877
820.6
196
4,670
16,000,000
20,311,468
48,598
36,311,468
The plan of reorganization was stated in the MANUAL for 1877-78.
The following statement shows in detail the funded debt, December 31, 1877 :
Name of Bond.
Date of
Bonds.
Time of
Maturity.
Amount of
Issue.
Rate of
Interest.
Toledo and Illinois R. R. Co., 1st Mortgage
Aug., 1853.
Aug., 1890.
$900,000 00
7
Lake Erie, Wabash and St. Louis R. R. Co., 1st Mortgage. .
Great Western R. R. Co., West of Decatur,
Illinois and Southern Iowa R.R. Co.,
Great Western R. R. Co., of 1859,
Quincy and Toledo R. R. Co.,
Decatur and East St. Louis R. R. Co.,
Wabash and Western R. W. Co., 2d Mortgage
April, 1853.
Mar., 1862.
May, 1863.
May, 1865.
Aug., 1869.
Oct., 1858.
April, 1868.
Aug., 1882.
Aug , 1888.
Nov., 1890.
Aug., 1889.
Nov., 1878.
2,500,000 00
4,000 00
300,000 00
2,495,000 00
500,000 00
2,700,000 00
1,500,000 00
7
10
7
7
7
7
7
Toledo and Wabash R. R. Co., "
It 11
1,000,090 00
7
Great Western R. R. Co., of 1859, "
May, 1865.
May, 1893.
2,500,000 00
7
Toledo, Wabash and Western Railway Co., Consols
Feb., 1867.
Feb., 1907.
2,610,000 00
7
Mortgage Notes
1,026,555 42
7
Funded Debt Bonds
Feb., 1877.
Feb., 1907.
206,000 00
7
Scrip Certificates
2,069,912 18
The gross earnings for three months ending March 31, 1878, are reported as
$982,362.76; operating expenses, $785,023.37 ; net earnings, $297,339.19, as against
gross earnings, $959,046.15; operating expenses, $822,365.66; net earnings, $136,-
780.49 for the same period of 1877.
Directors (elected February 20, 1878). — James A. Roosevelt, Solon Humphreys,
Cyrus W. Field, Morris K. Jesup, W. S. Gurnee, W. M. Bliss, H. A. V. Post, and E.
H. R. Lyman, of New York ; A. L. Hopkins, Warren Colburn, Toledo, O. ; James
Cheney, Fort Wayne, Ind.; Charles Ridgely, Springfield, 111.; L. H. Laflin, St.
Louis, Mo.
RAILROAD MANUAL OF THE UNITED STATES. 689
JAMES A. ROOSEVELT, President New York City.
A. L. Hopkins, Vice-President and Gen. Manager Toledo, 0.
Master Hack. E. Div.—C. R. Morris.Ft. Wayne, Ind.
W. " J. Johann.. .Springfield, 111.
Sec. and Treas.—W. B. Corneau Toledo O.
Oen. Svpt. and Ch. Eng.—R. Andrews, " "
Supt. Eastern Div.—K. H. Wade. . .Lafayette, Ind.
" Western " C. H. Chappell.. Springfield, 111.
Purchasing Agent— W. S. Lincoln Toledo, O.
Car BuUder-U. H. Koler Toledo, O.
Pass, and Tkt. Agent— B.. C. Townsend. " "
Oen. Freight " J. M. Osborne... " "
Auditor— Allyn Cox . . .' — Toledo, O.
PRINCIPAL OFFICE AND ADDRESS Toledo, O.
HANNIBAL AND NAPLES KAILKOAD.
This company was chartered February 12, 1863, and the road opened in 1870.
It extends from Naples, 111., to Hannibal, Mo., with branches, in all 56 miles, and
4.2 miles of sidings. It is leased to the Wabash Railway Co., and operated by
them.
Rolling Stock.— Furnished by W. Ry. Co.
Operations. — Included in returns of W. Ry.
Financial Statement, June 30, 1875 (latest reported). — Capital stock authorized,
$750,000 ; paid in, $457,000. First mortgage 7 per cent, bonds, dated November 1,
1868, interest May and November, and principal November, 1, 1888, $675,000 ; and
2d mortgage 7 per cent, bonds, dated July 1, 1870, due July 1, 1890, $225,000. Total
cost of road, $1,457,000. The road was sold under foreclosure May 22, 1877, for
$250,000. A. M. White, purchaser.
PRINCIPAL OFFICE AND ADDRESS Springfield, 111.
WHITE WATEE YALLEY BAILKOAD.
Line of Eoad. — Harrison, 0. , to Hagerstown, Ind 60.31 miles.
Sidings and other tracks, 6.5 miles. Gauge, 4 feet 8i inches. Rail, 51 Ibs.
Rolling* Stock. — Locomotive engines, 7. Cars — passenger, 6; baggage, mail
and express, 4 ; freight (box, 70 ; stock, 30 ; platform, 30 ; and coal, 30), 160 — total
revenue cars, 170. Also, 9 service cars.
Operations for year ending December 31, 1877. — Not reported. The earnings
for the year are stated as $91,696.09 ; operating expenses, $91,399.18 ; net earnings,
$296.91.
The road was advertized to be sold May 2, 1878, and it is proposed to reorganize
on the basis of $300,000 6 per cent, preferred and $1,000,000 common stock. The
cost of the road was reported as $1,420,885.
The road during the year was in the hands of a Receiver.
DANIEL A. DWIGHT, President Cincinnati, O.
Henry Parkman, Receiver " "
Treasurer and Secretary Henry Prentiss.
Supt. Gen. Tkt. Agent, | ^ „ IT A •**
JKg. and Road Master. \ W' H" Vandegrift.
Master Mech. and Car Repairs A. W. Britton.
General Freight Agent D. T. Disney.
PRINCIPAL OFFICE AND ADDRESS. . . Cor. Central ave. and Pearl St., Cincinnati, 0.
44
RAILROAD MANUAL OF THE UNITED STATES.
ST-ATE OF
Area, 55,410 square miles. Population, 3,222,718. Assessed valuation, $1,128,491,729.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Tracks.
Length of Lines.
Total.
Illinois.
1. Baltimore & Ohio & Chicago (B. & Ohio). .[Ohio
2. Belleville & Southern 111. (St. L., Alt'n&T. H.)
3 Cairo and St. Louis
Ft. In.
4 :9*
4 :8^
3 :
4 :9
4 :8X
4 :8^
4 :8X
4 :9
4 :8#
4 :8^
4 :8X
4 :8X
4 :8X
4 :8X
4:8X
4 :8^
4 :8X
4 :9
4 :8&
4 :8%
4 :9X
4 :8#
4 :9
4 :9
3 :
4 :8%
4 :8tf
4 :8#
4 :8X
3 :
M.
262.60
56.40
146.50
157.00
17.48
365.38
1,270.00
137.90
23.86
80.00
1,412.33
1,137.00
88.29
164.50
94.10
23.00
685.25
20.60
55.50
3.09
580.55
32.00
11.50
49.28
39.00
111.50
25.00
55.25
49.60
52.00
M.
5.90
56.40
140.50
149.00
17.48
365.38
777.47
118.40
23.86
80.00
47.00
489.60
88.29
164.50
94.10
23.00
190.75
20.60
32.30
3.09
28.00
32.00
11.50
6.10
10.00
111.50
25.00
55.25
49.60
46.00
4 Cairo and Vincennes
5 Carbondale and Shawneetown
6 Chicago and Alton
7. Chicago, Burlington and Quincy (and Branches)
8. Chicago, Danville & Vincennes (C. & East'n 111.)
9. Chicago and Illinois River (Chicago and Alton)
10 Chicago and Iowa
11. Chicago, Milwaukee and St. Paul. . . [Wisconsin
12 Chicago and Northwestern
13 Chicago and Pacific
15 Chicago Pekin and Southwestern
16. Chicago, Rock ford and North'n (Chica. & Iowa).
17 Chicago Rock Island and Pacific
1 8. Chicago & South'n (Chicago, Danville & Vincen.)
19 Cincinnati Lafayette and Chicago
20 Coal Valley Mining
2l! Col'mbus, Chic. & Ind. Cen. (Pbg. C. & S.L.[Ind.
22 Decatur Mattoon and Southern
28 East St Louis and Carondelet
24. Evausville, Terre Haute and Chicago. . [Indiana
25. Galena and Southern Wisconsin. . . .[Wisconsin
26. Gilman, Clinton and Springfi'd (Chic. & Spgfi'd)
27. Grand Tower Mining & Man'f'g & Transportat'n
28 Grayville and Mattoon.
29 Hannibal and Naples (Wabash)
RAILROAD MANUAL OF THE UNITED STATES.
STATE OF ILLINOIS— Continued.
691
CORPORATE TITLES.
Gauge of
Tracks.
Length of Lines.
Total.
Illinois.
Ft. In.
4 :8X
4 :8X
4 :8*
4 :8^
4 :9
4 :8#
4 :8#
4 :8X
4 :8#
4 :8X
4 :8X
4 :9
4 :8K
4:8#
4 :9
4 :8&
4:8*
4 :8#
4 :8^
4 :8*T
4 :9J*
4 : 8X1
4 :8#"
4.8*
4 :8X
4 :8X
4 :8*
4 :8X
4 :9
4 :8X
4 :8%
4 :8*
4 :8X
4 :8^
4 -.m
4:8#
M.
707.56
175.70
18.00
333.64
85.62
40.70
30.70
37.60
45.00
81.00
1,024.71
27.75
270.00
51.00
608.24
103.10
67.35
46.75
83.00
9.20
468.39
46.33
21.80
91.00
207.00
150.60
8.50
278.46
353.20
158.30
47.70
4.90
246.80
1.50
628.50
212.75
M.
707.56
169.40
18.00
255.80
75.76
40.70
30.70
37.60
29.60
81.00
14.00
15.12
6.59
2.00
364.00
103.10
67.35
46.75
83.00
9.20
14.75
46.33
21.80
91.00
201.00
150.60
8.50
278.46 '
179.80
158.30
47.70
4.90
246.80
1.50
386.90
127.55
32. Illinois Midland
34 Indianapolis Bloomington and Western
35. Indianapolis Decatur and Springfield. ........
36. Iron Mountain, Chester and Eastern
37. Jacksonville, Northwestern & Southeastern
38. Joliet and Chicago (Chicago and Alton)
39. Joliet and Northern Indiana (Michigan Central)
40. Lafayette Bloomington and Mississippi
41. Lake Shore and Michigan Southern [Ohio
42. Louisville, New Albany and St. Louis Air- Line
43. Michigan Central [Michigan
44. Mineral Point [Wisconsin
45. Ohio and Mississippi [Indiana
46. Paris and Danville
47. Pekin Lincoln and Decatur
48. Peoria and Bureau Val. (Chic., R. I. & Pacific) .
49. Peoria Pekin and Jacksonville
50. Peoria and Springfield
51. Pittsburg, Fort Wayne & Chic. (Penna. Co.).[0.
52. Quincy, Alton & St. L. (Chic., Burl. & Quincy).
53. Rock Island and Mercer County
54. Rock Island and Peoria
55. St. Louis, Alton and Terre Haute
56. St. Louis, Jacksonville & Chic. (Chic. & Alton).
57. St. Louis, Marine and Edwards ville (Wabash).
58. St. Louis, Rock Island & Chicago (Chic. B. & Q.)
59. St. Louis and Southeastern
60. St. Louis, Vandalia& Terre Haute (T. H. & Ind.)
61. Springfield and Northwestern
62. Sycamore and Courtland
63. Toledo, Peoria and Warsaw
64. Union Railway and Transit
66. Western Union [Wisconsin
Total Length
13,978.81
7,391.69
CAIRO AND ST. LOUIS EAILEOAD.
Line of Road. — Cairo, 111., to East St. Louis, 111. 146.5 miles.
Sidings, etc., 5.56 miles. Gauge, 3 feet. Rail, 40 Ibs.
This company was chartered February 16, 1865, and the road completed March
1, 1875. The track of the East St Louis and Carondelet R. R. is used for 4 miles, by
means of a third rail.
692 BAILROAD MANUAL OF THE UNITED STATES.
Rolling Stock. — Locomotive engines, 24. Cars — passenger, 5 ; baggage and ex-
press, 3 ; freight (box, 60 ; platform, 300), 360— total, 368. Also, 38 service cars.
Operations for year ending June 30, 1877. — Trains run — passenger, 131,593 ;
freight, etc., 229,433 — total 361,026. Passengers carried, 68,403; carried one mile,
1,538,309. Freight moved, 163,697 tons.
Earnings.
From Passengers $60,635 49
" Freight, etc 214,00564
$274,641 13
Expenditures.
For Maintenance of Way $64,422 24
" Transportation, etc 225,669 53
$290,091 77
Balance— deficit, $15,450.64. Paid— taxes, $5,714.60 ; rent of E. St. L. and C.
R. R., $7,000.
The earnings for the year ending June 30, 1874 (90 miles), were $175,023.41 ;
operating expenses, $138,977.25 ; net earnings, $37,946.16 ; ditto, 1875 : earnings,
$270,500.26; operating expenses, $158,522.81; net earnings, $91,977.45; ditto, 1876,
earnings, $295, 777. 92; operating expenses, $223,374.84.
Financial Statement, June 30, 1877.— Capital stock, $5,440,000 ; funded debt,
$2,500,000; floating debt, $578,466.93— total, $8,518,466.93. Cost of construction
and equipment, $7,722,500.
This company first made default on its bonds April 1, 1874. The funded debt
consists of 1st mortgage 7 per cent, gold bonds, dated October 2, 1871, payable Octo-
ber 2, 1901. Annual interest, $175,000.
F. E. CANDA, President St. Louis, Mo.
H. W. Smithers, Receiver Louisville, Ky.
Gen. Manager— L. M. Johnson St. Louis, Mo. | Treasurer— A.. D. Hutching St. Louis, Mo.
Auditor— S. E. Harvey St. Louis, Mo.
PRINCIPAL OFFICE AND ADDRESS 520 Walnut Street, St. Louis, Mo.
CAIKO AND YINCENNES KAILKOAD.
Line of Road. — Cairo, 111., to Vincennes, Ind 157 miles.
Sidings, etc., 9.5 miles. Gauge, 4 feet 9 inches. Rail, 52 Ibs.
This company was chartered March 6, 1867, and the road opened December 16,
1872. It was placed in the hands of Receivers May 16, 1874.
Rolling Stock. — Locomotive engines, 11. Cars — passenger, 8 ; baggage and
mail, 4 ; freight (box, 80 ; stock, 70 ; flat, 60), 210— total, 222 cars. Also, 4 caboose
and 29 service cars. All rolling stock, except service cars, is leased by Receivers.
Operations for year ending June 30, 1877. — Trains run — passenger, 103,866 ;
freight, etc., 137,407 — total, 241,273 miles. Passengers carried, 65,054; carried one
mile, 1,782,865. Freight moved, 95,281 tons ; moved one mile, 9,307,464 tons.
Earnings.
From Passengers $64,886 06
" Freight 159,73561
" Mail and Express, etc 22,391 98
$247,013 65
Expenditures.
For Maintenance of Way $65,773 06
" Rolling Stock 67,53215
" Transportation, etc 105,378 21
$238,683 42
Balance— net earnings, $8,330.23. Taxes, $19,597.64.
BAILROAD MANUAL OF THE UNITED STATES. 693
Financial Statement, June 30, 1877.— Funded debt, $4,000,000 ; floating debt,
$228,171.27. Cost, as reported before appointment of Receivers, $7,172,040.46.
Equipment, $468,995.40.
Directors (elected December 18, 1877). — J. Pierpont Morgan, Solon Humphreys,
J. J. Goodwin, M. K. Jesup, and J. Hood Wright, New York ; A. J. Drexel, Phila-
delphia ; William P. Halliday, Cairo, 111. ; John Crerar, Chicago, 111.; and Roswell
Miller, Cairo, 111.
J. PIERPONT MORGAN, President ................. New York City.
J. W. DREXEL,
)
f
CHARLES E. TRACY, ]
Treasurer — Anthony J. Thomas. . .New York City.
Superintendent— Roswell Miller Cairo, 111.
Road Master— Charles Bender " "
Gen. Freight Agent— N. S. Pennington.. Cairo, 111.
Gen. Tickft Agent— F. A. Miller ........ " "
Auditor— T. W. Fitch.. " "
PRINCIPAL OFFICE AND ADDRESS Cairo, 111.
Fiscal Office Drexel Building, New York City.
CARBONDALE AND SHAWNEETOWN KAILBOAD.
Line of Road.— Carbondale, 111., to Marion, 111 17.48 miles.
Sidings, etc., 1 mile. Gauge, 4 feet 8i inches. Rail, 45 Ibs.
This road was opened January 1, 1872.
Boiling Stock. — Locomotive engine, 1. Cars— passenger, 1 ; baggage, mail and
express, 1 ; freight, 2 ; and coal, 58 — total, 61. Also, 3 service cars.
Operations for year ending June 30, 1877.— Trains run, 27,000 miles. Passen-
gers carried, 11,652. Freight moved, 31,487 tons. Earnings from passengers, $6,-
630.60; from freight, etc., $19,509.49— total, $26,140.99. Operating expenses, $19,-
481.39.' Balance— net earnings, $6,659.60. Interest, $14,000. Taxes, $2,510.64.
Financial Statement, June 30, 1877.— Capital stock, $356,200 ; funded debt, 1st
mortgage 7 per cent, gold bonds, dated December 2, 1871, and payable, interest semi-
annually, January and July, and principal January 1, 1902, $200,000; floating debt,
$1,035.86. Cost of road and equipment, $556,200.
Directors (elected July 8, 1877). — Beman Gates, Marietta, 0.; L. Burckhardt
and D. J. Fallis, Cincinnati, O. ; R. J. Cavett, Carbondale, 111. ; S. Dunaway and
George L. Owen, Marion, 111. ; and F. W. Tracey, Springfield, 111.
L. BURCKHARDT, President Cincinnati, O.
Beman Gates, Vice- President Marietta, O.
Treasurer— T). J. Fallis Cincinnati, O. General Manager— -E. C. Dawes . Marietta, O.
Secretary— W. B. Stepheneon " Superintendent— R. J. Cavett Carbondale, 111.
PRINCIPAL OFFICE AND ADDRESS Cincinnati, O.
CHICAGO AND ALTON KAILKOAD.
Line of Road.— Joliet, 111., to East St. Louis, 111 243.50 miles.
Branches, named below 121.88 "
Leased lines, named below 312.46 "
Total length of line owned, leased and operated 677.84 miles.
Second track, 25.58 miles. Sidings, etc. (exclusive of leased lines), 66.07 miles.
Gauge, 4 feet 8i inches. Rail, 57 and 60 Ibs. Steel rails (all lines), 417.32 miles.
694
BALLROAD MANUAL OF THE UNITED STATES.
This company was organized under its present title February 16, 1861. The line
was opened from Chicago to E. St. Louis in 1855.
The original charter was granted February 27, 1847, under the name of the Chi-
cago and Mississippi R. R. Co., and the road was sold under foreclosure in 1862.
Various amendments and reorganizations were made from time to time, and the
present company was organized under an Act passed February 16, 1861, and amended
February 16, 1865. The various portions of line have had different names from time
to time — among which have been Alton and Sangamon, Joliet and Chicago, St. Louis,
Jacksonville and Chicago, St. Louis, Alton and Chicago, and Alton and St. Louis R.
R. Cos. — now all consolidated into or operated under lease by the Chicago and Alton
R. R. Co.
Statement showing the length of tracks on all lines December 31, 1877 :
Miles
R. R.
Second
Track.
Sidings.
Total
Track.
Steel
Rail.
Main Line (Joliet to E. St. Louis)
243.50
37.20
79.80
38.10
3.98
23.86
150.60
100.80
2558
3648
53.44
18.52
6.71
3.75
2.80
1.81
12.96
9.56
322.52
92.20
86.51
41.85
6.78
25.67
163.56
110.36
311.54
Leased : Joliet and Chicago R. R
Branch. • Dwight to Washington and Lacon
15.54
Leased : Chicago and Illinois River R. R
20.25
66.84
3.15
St. Louis, Jacksonville and Chicago R. R.
" Louisiana and Missouri River R. R
Total Miles, all Lines
677.84
62.06
109.55
849.45
417.32
Rolling1 Stock. — Locomotive engines, 156. Cars — passenger, 58; sleeping, 12;
and dining, 5 ; baggage and mail, 16 ; express, 7 ; and freight (combination, 151 ;
house, 1,614 ; stock, 397; drover, 23; platform and coal, 885 ; other, 10), 3,080— total
cars, 3,178.
Statement of engines and cars for ten years :
1868.
1869.
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Locomotives
97
108
108
125
144
155
155
156
156
156
50
52
60
68
74
75
75
75
75
20
21
21
22
24
24
24
23
23
23
" Freight, etc
1,948
2,038
2,256
2468
2920
2956
2956
3080
3080
3,080
Total of all kinds
2,018
2,111
2,337
2558
3 018
3 055
3 055
3 178
3 178
3 178
Operations for year ending December 31, 1877. — Trains run — passenger, 900,180 ;
freight, 1,526,857; other, 1,191,161— total, 3,618,198 miles. Passengers carried,
860,257 ; carried one mile, 40,743,271. Freight moved (including coal, 474,177), 1,560,-
188 tons ; carried one mile, 211,947,565 tons.
Earnings.
From Passengers $1,211,851 78
" Freight 3,067,769 22
" Mail and Express 183,00295
Miscellaneous f 1,719 13
Expenditures.
For Maintenance of Way $663,044 99
" Rolling Stock 869,373 61
" Transportation 684,47324
Miscellaneous 140,113 78
$4,464,343 08
Balance — net earnings (47.21 per cent.),
$2,357,005 62
5,107,337.46.
RAILBOAD MANUAL OF THE UNITED STATES.
695
Net Income Account for Year 1877.
Receipts.
Balance on Hand January 1, 1877 $23,126 87
Gross Earnings $4,464,343 08
Expenses 2,357,005 62—2,107,337 46
$2,130,464 33
Payments.
Interest on Funded Debt $574,371 81
Dividends 926,898 55
Rents, Leased Lines 523,966 30
$2,025,236 84
Balance — surplus of income account, including surplus of appropriation for sup-
plies, $149,776.54, out of which were paid on account of back taxes, $8,667.15 ; sink-
ing fund bonds redeemed, $28,000 ; L. and M. R. R. special bond account, $48,496.90,
leaving a surplus at end of year of $64,612.49.
Abstract of operations for ten years :
Fiscal
Years.
Aver.
Miles.
Engine
Mileage.
Passen-
gers.
Tonnage.
Gross
Earnings.
Operating
Expenses.
Net
Revenue.
Dividends.
p.C.
1868...
368
2,137,581
708,874
915,682
$4,508,642 97
$2,463,182 64
$2,045,460 33
$729,984 20
10
1869
431
2,543,397
731,553
1,076,878
4,681,562 81
2,676,593 04
2,004,969 77
756,655 00
10
1870
511
2,966,664
732,531
1,261,032
4,849,404 89
2,786,105 85
2,063,299 04
851,645 00
10
1871
526
3,359,997
715,662
1,501,496
5,278,910 23
3,080,824 77
2,198,085 46
1,135,005 00
10
1872
630
3,902,102
772,506
1,601,799
5,156,325 71
3,248,319 97
1,879,147 44
1,135,080 00
10
1873
649
3,983,560
829,876
1,642,443
5,497,540 77
3,254.659 24
, 2,242,881 53
1,135,080 00
10
1874
649
3,758,915
904,223
1,421,158
5,126,228 03
2,789,357 06
2.336,876 97
1,135,080 00
10
1875
650
3,539,879
862,264
1,545,842
4,656,763 83
2,604,125 34
2,052,638 49
1,021,572 00
10
1876
678
3,813,586
873,875
1,818,235
4,960,528 69
2,691,061 11
2,269,467 58
988,652 00
8*
1877
678
3,618,198
860,257
1,560,188
4,464,343 08
2,357,005 62
2,107,337 46
926,898 50
7*
The cost per mile run for repairs, wages of enginners, fuel, oil, etc., for the year
was 17.62 cents against 19.19 cents in 1876, 19.25 cents for 1875, 20.8 for 1874, 21.52
cents in 1873, and 22.11 cents in 1872.
The amount expended for improvements during the year was $126,929.44.
The company took a lease of the Mississippi River Bridge, from December 3, 1877,
at an annual rental of $63,000, to be applied in payment of 7 per cent, dividends on
$300,000 stock, and 6 per cent, interest on $700,000 bonds. The net earnings of the
bridge were $112,018.86, or $49,018.86 in excess of rents.
Abstract of principal items of freight moved for six years :
Iron,
Tons.
Coal,
Tons.
Wheat,
Bush.
Corn,
Bush.
Flour,
Bbls.
Mdse.,
Tons.
Cattle,
No.
Total
Tons.
1872
63,605
479,581
885,658
10,369,232
317,791
133,384
197,915
1,601,799
1873
71,235
549,246
968,908
11,207,377
316 414
178.820
284.858
1,642,443
1874
29,385
404,327
1,152,634
8,529,910
691,117
164,268
205,566
1,421,158
1875
71,647
569,234
1,224,891
4,929,991
587,744
199,896
189,632
1,545,802
1876
82,886
606,375
1,614,411
11,360,125
548,111
232,201
274,599
1,818,235
1877
48,301
474,177
1,112,330
8,772,412
736,830
242,831
186,717
1,560,188
696
RAILROAD MANUAL OF THE UNITED STATES.
General Balance, December 31, 1877.'
Road and Equipment $18,274,828 40
Miss. River Bridge Co 1,000,000 00
Louisiana Branch 1,389,537 92
Western Division Construction 1,109,312 17
L. and Mo. River R..R. Advances. . . . 265,736 50
Materials, etc.. 184,04076
Stocks, Bonds, etc 237,199 42
Bills, Receivable and Due 100,064 91
Sundry Assets 117,97579
CashonHand 101,64768
Stock, Common $10,065,40000
" Preferred '. 2,425,40000
" Scrip 7200
Funded Debt 8,629,850 00
Sinking Fund 598,000 00
L. and Mo. River R. R. Bond Fund.. 439,100 00
Pay Rolls and Supplies (balance) ... 249,433 66
Miscellaneous Accounts 164,718 44
Surplus Income 64,612 49
Bills Payable 144,356 96
$22,780,943 55
Abstract of general account for ten years :
$22,780,943 55
Decem-
ber 31.
Miles of
R. R.
Owned.
Common
Stock.
Preferred
Stock.
1st Mort.
Bonds.
Income
Bonds.
Sinking
Fund
Bonds.
Total
Stocks and
Bonds.
Cost of
Roads and
Equipment.
1868.
242
$5,141,800
$2,425,400
$2,400,000
$1,100,000
$402,000
$11,469,200
$11,433,323 32
1869.
243
5,145,000
2,425,400
2,400,000
1,100,000
356,000
11,396,400
11,434,323 32
1870
322
8,925,500
2,425,400
2,400,000
1,100,000
308,000
15,128.900
14,951,592 37
1871.
360
8,929,900
2,425,400
2,400,000
1,100,000
256.000
15,833,300
16,751,676 76
1872.
360
8,929,900
2,425,400
2,400,000
1,100,000
199.000
16,771,900
18,254,873 18
1873.
360
8,929,900
2,425,400
*3,859,950
1,100,000
140,000
17,207,250
20,991,066 19
1874.
360
8,929,900
2,425,400
*5,302,900
i;087,000
77,000
19,582,100
22,046,014 45
1875.
361
9,649,100
2,425,400
*6,276,200
1,087,000
28,000
20,506,400
21,091,477 31
1876.
365
10,065,300
2,425,400
*6,739,850
1,100,000
28,000
21,150,650
21,439,708 57
1877.
365
10,065,400
2,425,400
*6.781,850
1,096,000
2,000
21,120,722
21,773,678 49
* Including consolidated mortgage bonds.
In addition to the funded debt enumerated in the above table there were outstand-
ing December 31, 1877, $564,000 1st mortgage and $188,000 2d mortgage bonds, St.
L., J. and C. R. R. Co., guaranteed by C. and A. R. R. Co.., which are included in the
total.
Under the heading " Cost of Roads and Equipment," in the above table, are in-
cluded amounts paid for construction of Louisiana Rranch and Western Division Rail-
roads, and Mississippi River Rridge, amounting to $3,498,850.09, leaving as the cost
of the Chicago and Alton R. R. $18,274,828.40.
Statement of funded debt in detail, December 31, 1877 :
Date'of
Interest.
Principal
Amount
flnt
Bonds.
Rate.
Payable.
Payable.
standing.
1st Mortgage Bonds
Jan. 1, 1862.
7
Jan. and July.
Jan, 1, 1893.
$2400,000
1st "" " (Income)
<t u
7
41 t( 44
" 1, 1883.
1,096,000
44 U
7
May and Nov
Nov 1 1877.
2000
Consolidated Bonds
Oct. 1, 1873.
gold 6
Jan. and July.
July 1, 1903.
4,379 850
1st Mort. (St. L., J. & C. R. R.) Bonds. .
O/l " '! " " *'
April 1, 1864.
July 1, 1868.
7
7
Apr. and Oct.
Jan. and July.
April 1, 1894.
July 1, 1898.
564,000
188,000
Total Amount of all Liabilities. . . .
$8,629,850
BAILEOAD MANUAL OF THE UNITED STATES. 697
The Louisiana and Missouri River R. R. Co. finding itself unable to complete its
line, and with $944,000 outstanding bonds, the Chicago and Alton R. R. Co. bought
and cancelled $446,000, leaving $468,000, of which the latter Company assumed the
interest and redemption of $489,100, and agreed to pay interest on the remaining
$59,000. The C. and A. R. R. Co. has also advanced since that settlement, $265,736.50
for payment of interest, and a special fund of $300,000 guaranteed 7 per cent, stock,
and $150,000 guaranteed 6 per cent, bonds has been set apart to be devoted to these
payments. Arrangements have also been made to extend the line to Kansas City,
and 25-year 6 per cent, sinking fund gold bonds, secured by a deposit with the U.
S. Trust Co. of New York of an equal amount— limited to $3,000,000— of 7 per cent,
bonds secured by a 1st and only mortgage on the line to be built, including the iron
bridge over the Missouri River, have been provided. The new Company will be
known as the Kansas City, St. Louis and Chicago R. R. Co.
Directors (elected 1st Monday in April, 1876, 1877 and 1878). — Term expires April,
1879 : John Crerar, Chicago, 111. ; Lorenzo Blackstoiie, Norwich, Ct. ; and John J.
Mitchell, St. Louis, Mo. Term expires April, 1880 : T. B. Blackstone and John
B. Drake, Chicago, 111. ; and D. Willis James, New York City. Term expires April,
1881 : John F. Slater, Norwich, Ct. ; John A. Stewart, New York City ; George Straut,
Peoria, 111.
T. B. BLACKSTONE, President Chicago, 111.
Treasurer and Secretary W. M. Larrabee.
General Superintendent J. C. McMullin.
Asst. Supt. and Train Master O. Vaughan.
5 Chicago A. M. Richards.
-j jacksSnville..: ....C.M.Morse.
Chief Engineer K. F. Booth.
Superintendent of Machinery John A. Jackman.
Superintendent of Car Department R. Reniff.
General Freight Agent James Smith.
Gen. Pass, arid Ticket. Agent James Charlton.
Purchasing Agent A. V. Hartwell.
General /Solicitor. .. .... C. Beckwith.
PRINCIPAL OFFICE AND ADDRESS Chicago, 111.
JOLIET AND CHICAGO KAILKOAD.
Line of Road. — Joliet, 111., to Chicago, 111 37.2 miles.
Second track, 36.2 miles ; sidings, 18.2 miles. Gauge, 4 ft. 8£ in. Rail, 60 Ibs., steel.
This company was organized February 15, 1855, and the road opened in 1856,
and leased in perpetuity to the Chicago and Alton R. R. Co. from January 1, 1864.
It forms a portion of that company's main line.
Rolling Stock. — Furnished by lessees.
Operations for year ending December 31, 1877. — Included in lessee's report. An-
nual rental, $132,355, being quarterly dividend at rate of 7 per cent, per annum, and
interest on funded debt.
Financial Statement, December 31, 1877.— Capital stock, $1,500,000 ; funded
debt, 8 per cent. 1st mortgage bonds, due July 1, 1882, $306,000— total, $1,806,000.
JOHN CRERAR, President Chicago, 111.
Secretary and Treasurer— W. M. Larrabee Chicago, 111.
PRINCIPAL OFFICE AND ADDRESS C. and A. R. R. Co., Chicago, 111.
698 BAILBOAD MANUAL OF THE UNITED STATES.
CHICAGO AND ILLINOIS KIVEE EAILEOAD.
This company was organized in 1872, and the road opened in 1874. It extends
from Joliet, 111., to Mazon River, 23.86 miles, with a coal branch 3.98 miles long, and
4.61 miles of sidings. It was leased to the Chicago and Alton R. R. Co. March 1,
1876, for 30 per cent, of gross earnings on all traffic besides coal, and for 10 per cent.
on coal traffic.
Rolling Stock.— Furnished by lessees.
Operations for year ending December 31, 1877. — Included in lessees' returns.
No separate report of earnings or rental is made.
Financial Statement, May 1, 1875 (latest furnished). — Capital stock paid in,
$315,000 ; funded debt, $1,000,000— total, $1,315,000. Per contra: Cost of construc-
tion, $789,000 ; equipment, $18,000 ; real estate, $35,000 ; materials, $10,000 ; and
5,000 acres coal lands, $400,000— total, $1,315,000. The funded debt consists of 1st
mortgage bonds, dated March 1, 1875, bearing 7 per cent, interest, payable March 1
and September 1, and due 1905, of which $474,000 are indorsed by the Chicago and
Alton Railroad Company, and the remainder are unindorsed — all secured by a lien on
the division already completed, and also on the coal lands.
Officers. — Same as Chicago and Alton R. R. Co.
ST. LOUIS, JACKSONVILLE AND CHICAGO KAILEOAD.
This company was chartered February 15, 1851, and the road opened January 1,
1866. It extends from Bloomington to Godfrey, 111., 150.6 miles, with 12.96 miles of
sidings, and is leased in perpetuity to the Chicago and Alton R. R. Co. from April 30,
1868. A minimum yearly rental of $240,000 is guaranteed by the C. and A. R. R.
Co., and 40 per cent, on gross earnings, until they amount to $700,000.
Rolling Stock. — Furnished by lessees.
Operations for year ending December 31, 1877. — Included in lessees' returns.
Rental received, $292,640, being $240,000 of lease rent, and $52,640 interest on guar-
anteed bonds. Gross earnings for 1877, $610,698.62.
Financial Statement (December 31, 1877). — Capital stock, common, $1,270,000 ;
preferred, $1,077,800— total, $2,347,800. Funded debt, 1st mortgage 7 per cent, bonds,
due April 1, 1894, $2,365,000 ; 2d mortgage 7 per cent., due July 1, 1898, $360,000—
total bonds, $2,725,000, of which $752,000 are guaranteed by the Chicago and Alton
R. R. Co. Total, representing cost of road, $5,072,800.
GEORGE STRAUT, President Peoria, 111.
Treasurer— -T. B. Blackstone Chicago, 111. | Secretary— Robert H. Nolton Chicago, 111.
PRINCIPAL OFFICE AND ADDRESS Chicago, 111.
RAILROAD MANUAL OF THE UNITED STATES. ' 699
LOUISIANA AND MISSOUEI EIVEE E. E. (In Progress.)
This company was chartered in 1865, and the present length of road opened in
July, 1872. It extends from Louisiana, Mo., to Jefferson City, Mo., 100.8 miles, with
9.4 miles of sidings. It is leased to the Chicago and Alton R. R. Co. from July 1, 1870.
The road, as far as completed, was built by the lessees. The company has been
reorganized under the name of the Kansas City, St. Louis and Chicago R. R. Co.,
under contract entered into for its completion. (See Chicago and Alton R. R.)
Rolling1 Stock. — None owned. Furnished by lessees.
Operations for year ending December 31, 1877. — Not reported. Gross earnings,
$213,528.18. The rental paid by lessees was $123,620.
H. V. BLOCK, President Louisiana, Mo.
John W. Reid, Vice-President Kansas City.
Secretary and Auditor — P. Draper.. Louisiana, Mo. I Asst. Engineer — C. A. Clinton Mexico, Mo.
Chief Engineer— M. C. Little "I Transfer Agt.— Morris K. Jesup. . .New York City.
PRINCIPAL OFFICE AND ADDKESS Louisiana, Mo.
Fiscal and Transfer Agency No. 52 William Street, New York City.
CHICAGO, BURLINGTON AND QUINCY EAILROAD.
Line of Road.— Chicago, 111., to East Plattsm&uth, la . . 486.23 miles.
Branches, named below 1,808.57 "
Leased lines (Q., A. and St. L. R. R.) 45.70 "
Total length of line owned, leased and operated 1,620.50 miles.
Second track, 74.12 miles ; sidings, etc., 289.03 miles. Gauge, 4 feet 8i inches. Rail,
56 and 60 Ibs. Steel rails, 574.85 miles.
The Chicago, Burlington and Quincy R. R. Co., as now organized, was formed
January 1, 1873, when that company took possession of the road and branches of the
Burlington and Misssouri R. R. R. Co. It took its present title July 9, 1856, when a
consolidation was made of the Chicago and Aurora R. R. Co., chartered June 22,1852,
and the Central Military Tract R. R. Co., chartered February 15, 1851. Subsequently
that company bought, at foreclosure sale, the Northern Cross R. R., chartered April
13, 1849, and October 21, 1862, the Peoria and Oquawka R. R., chartered February
12, 1849.
The Burlington and Missouri River R. R. Co. was chartered about 1856, and the
road was opend to Ottumwa in 1865, and to the Missouri River, 282.93 miles, in 1869.
The bridge over the Mississippi River at Burlington was commenced in 1867, and
completed August 13, 1868, at a cost of $1,227,044.81. It is owned by the C., B. and
Q. R. R. Co.
The branches were mostly built under separate charters, and were subsequently
bought or leased in perpetuity by the C., B. and Q., or B. and M. R. R. R. Cos.
700
RAILROAD MANUAL OF THE UNITED STATES.
The length of all lines operated is shown in the following statement :
Chicago to Burlington, (double track
72 miles) 204
Galesburg to Quincy 100
Galesburg to Peoria '. 53
Yates City to Lewiston 30
Aurora to Turner Junction 12
Ottawa, Oswego & Fox River Valley
R. R.— Geneva to Streator
Chicago & Rock River R.R.— Shabbona
to Rock Falls
Illinois Grand Trunk Railway— Men-
dota to E. Clinton
Dixon, Peoria & Hannibal R. R. —
Buda to Elinwood
Peoria & Hannibal R. R. — Lewiston to
Rushville
American Central Railway — Galva to
New Boston 50%
Dixon & Quincy R. R.— Junction with
Am. Cent. R'y to Keithsburg 6#
Carthage & Burlington R. R. — Burling-
ton to Carthage 30X
Quincy & "Warsaw R. R. — Carthage to
Quincy
Quincy, Alton & St. Louis Railway —
Quincy to E.Louisiana,with branch
to Hannibal . 46
miles.
St. Louis, Rock Island & Chicago R.-
R.— Sterling to Rock Island, Alton
Junction, including Keithsburg
branch, and branch to Cleveland
coal fields, and 5 2-10 miles owned
jointly with C. & N. W. Railway. . 276& miles.
Keokuk & St. Paul R. R.— Keokuk to
Burlington
Burlington and Missouri R. R. R.—
Burlington to Plattsmouth....
Chariton to Leon
Creston to Hopkins
Villisca to Clarinda
Red Oak to East Nebraska City, includ-
ing 11 miles leased of and used
jointly with K. C., St. Jo. & C. B.
R.R.CO
Pacific Junction to Council Bluffs, in-
cluding 16 miles leased of and
used jointly with K. C., St. Jo. &
C. B. R. R. Co..,
279
37
14
50
Albia, Knoxville & Des Moines R. R.—
Albia to Knoxville ... ,
18
33
Total number of miles owned and
leased. 1,620^ miles.
The leased line consists of the Quincy, Alton and St. Louis Ry., Avhich was leased
February 1, 1876, at an annual rental not exceeding $42,000.
Statement of mileage of the road and branches for ten years ;
1867-68
1868-69
1869-70
1870-71
1871-72
1873.
1874.
1875.
1876.
1877.
At Commencement
At Close
403.00
403.00
403.00
403.09
477.50
409.25
477.50
603.25
532.25
603.25
706.00
642.00
706.00
766.75
738.62
766.75
1,268.25
1,236.50
1,268.25
1,268.25
1,268.25
1,268.25
1,301.25
1,272.25
1,301.25
1,343.00
1,339.00
1,343.00
1,620.50
'1,620.50
Average of Year. . .
Rolling Stock. — Locomotive engines, 336. Cars — passenger, 129 ; baggage, mail
and express, 68 ; freight (box, 5.385 ; platform and coal, 2,3i5), 7,700 — total revenue
cars, 7,897. Also, 183 way ; 3 officer ; 1 pay ; 31 dump ; 5 wrecking and boat ; 1 pile
driver ; 421 hand cars, and 361 rubble cars — total service cars, 1,006.
Statement of locomotives and cars for ten years :
1867-68.
1868-69.
1869-70.
1870-71 .
1871-72.
1873.
1874.
1875.
1876.
1877.
Locomotive Engines
122
135
153
175
192
288
302
302
305
336
Cars — Passenger
56
50
71
71
84
110
112
112
116
129
" Bagreaee, etc.
30
37
35
44
44
63
59
59
61
68
" Freight
2,421
2,903
2,928
2,913
3,612
5830
5875
5886
5,936
7,700
Total Revenue Cars
2,507
2,990
3,084
3,028
3,740
5,993
6,046
6,057
6,113
7,897
Service Cars
306
315
384
470
540
570
809
947
963
1,006
For the year 1872, and since, the equipment of the B. and M. R. R. R. is included.
RAILROAD MANUAL OF THE UNITED STATES.
701
Operations for year ending December 31, 1877.— Trains run-passenger, 1,924,890 ;
freight, 4,470,833; other, 1,435,993— total, 7,831,716 miles. Passengers carried,
2,181,876 ; carried one mile, 93,306,293. Freight moved, 3,249,625 tons.
Earnings.
From Passengers $2,483,400 43
" Freight 9,534,54365
" Mail and Express, etc 512,93142
" Interest and Exchange 20,579 04
$12,551,454 54
Expenditures.
For Maintenance of Way $1,817,671 85
" Rolling Stock 1,125,40291
" Transportation 3,814,428 20
Miscellaneous . . 93,652 08
$6,851,155 04
Balance — net earnings (45.43 percent.), $5,700,299.50. Payments from net earn-
ings— taxes, $327,158.90; dividends (9 percent.), $2,479,714.66; interest on funded
debt, $2,108,468.73; on bills payable, $31,442,64 ; rent of tracks, $131,394.87 ; carried
to sinking fund, $241,103.71 ; total, $5,319,283.51. Balance, surplus for year, $381,-
015.99. The cost of laying steel rails during the year has been charged to operat-
ing expenses. The operating expenses, including taxes, for 1877 were 58.33 per cent.;
for 1876, were 56.96 percent. ; for 1875, 54.53 per cent.; for 1874, 55.93 per cent. In-
cluded in 1876 are extra tax paid, and extra cost of steel rails, hitherto charged to
construction.
Abstract of operations for ten years :
Fiscal
Year.
Passen-
gers.
Mileage.
Freight
Tons.
Mileage.
Gross
Earnings.
Net
.Earnings.
Operating
Expenses.
Interest.
Divi-
dends.
$
$
$
$
$
1868-69
1,027,664
45,470,100
1,029,746
146.499,400
6,812,809
3,422,698
3,390,111
369,547
1,254,390
1869-70
1,268,493
52,555,500
1,052,754
147,409200
6,621,773
2,867,218
3,754,555
349,892
1,520,790
1870-71
1,365,577
56,320,500
1,382,515
206,049,500
7,207,685
3,004,707
4,202,978
325,781
1,659,055
1971-72
1,429,504
56,511,000
1,689,104
240,857,000
7,554,575
2,836,866
4,^17,709
324,352
1,761,675
1872*
1,087,0291 40,961,855
1,342,210
183,695,032
5,524,731
2,315,944
3,208,769
616,715
932,645
1873.
1,706,734
83,275,830
2,221,744
418,385,184
11,405,226
4,970,458
6,181,514
1,966,300
2,576,769
1874.
1,830,453
85,356,325
2,420,628
445,686,220
11,645,318
5.426,034
6,219,283
1,958,892
2.661,089
1875.
2.019,484
93,770,794
2,396,933
436,363,161
11,791,361
5.670,684
6,120,677
2,014,709
2,685,536
1876.
2,393,779
99,238,481
2,892,614
12,057,795
5,582,543
6,475,252
1,991,657
2,749,065
1877.
2,181,876
93,306,293
3,249,625
12,551,455
5,700,299
6,851,155
2,108,469
2,479,715
* Seven months from April 30.
The amount expended and charged in general account for construction during
the year was $948,885.92; of which $195,916.37 was for C., B. and Q. R. R., and
branches ; $172,504.21 for B. and M. R. R. and branches ; and $580,465.34 for St. L.,
R. I., and C. R. R. ; for equipment, $459,743.80— total, $1,408,629.72.
Net Income Account, Tear 1877.
Receipts.
Balance, January 1, 1877 $3,991,383 49
Gross Earnings $12,551,454 54
Operating Expenses.. 6,851,155 04— 5,700,299 50
$9,691,682 99
Payments.
Interest, Taxes, Dividend, etc $5,319,283 51
Charged Off, etc 425,867 77
Balance, Credit of Income 3,946,531 71
$9,691,682 99
702 KAILROAD MANUAL OF THE UNITED STATES.
Abstract of income account for eight years :
1870-71.
1871-72.
*1872.
1873.
1874.
1875.
1876.
1877.
Balance on Hand —
Earnings in Year. . . .
Interest & Exchange
$
896,663
7,207,685
1
1,594,042
7,554,575
14,434
$
2,092,735
5,524,731
$
3,514,272
11,405,226
$
3,520,599
11,645,318
- $
3,945,993
11,738,448
52,913
$
4,361,567
12,003,951
53844
$
3,911,383
12,530,876
20579
Total Revenue..
8,104,348
9,163,051
7,617,466
14,919,498
15,165,917
15,737,354
16,419,362
16,542,833
* For eight months from April 30.
Per contra : Disbursements on the following accounts :
Operating
$
4,202,977
$
4,717,709
$
3,009,004
$
6,181,514
$
6,210,283
$
6,120,677
$
6,475,252
$
6,851,155
Rent of Tracks
34,475
12,187
10.418
57,437
50,885
88,521
84,263
131,395
Interest on Bonds. . .
Int. and Exchange . .
325,780
5,334
324,351
616,716
45,629
2,220,056
109,868
1,958,892
23,545
2,014,702
1,991,957
2,108,468
Transfer Office
1,000
1,000
9,000
Taxes,State&County
Taxes, United States
202,058
23,637
231,158
964
109,288
495
253,254
294,229
309,446
393,293
24,941
327,159
Dividends
829,530
829,525
932,645
1,250,127
1,327,134
1,338,782
1,372,643
1,376,684
«
829,525
932,150
1,326,643
1,333,955
1,346,754
1,376,423
1,103,030
Tax on Dividends . . .
21,269
Bonds for Sink'g Fd.
55,986
255,897
255,897
3,000
156,897
709,207
381,016
C. and I. R. R. Stock
404553
Total Disbursements
6,510,306
7,070,316
4,814,195
11,398,899
11,219,924
11,375,786
12,427,979
12,596,306
Bal. Close of Year. . .
1,594,042
2,092,735
2,803,271
3.520,599
3,945,993
4,361,567
3,991,383
3,946,532
The sinking fund contained, at the close of the fiscal year, bonds representing
$2,065,500, costing $2,280,857.48.
General Balance, December 31, 1877.
Construction $48,928,951 20
Branches, Cost 13,901,887 15
Stocks of other Companies 52,251 37
Materials 888,65496
Dues and Bills Receivable 1,711,928 36
Sinking Fund Trustees 876,019 35
Trustees1 Land Grant 1,062,650 28
Miscellaneous 55,725 19
Cash.. 79,010 97
Stock C.,B. & Q.R.R. $27,377,610 00
" B. and M. R. R. 267,306 51
Funded Debt. . .
Contingent Liabilities
Bills Payable and Land Grant.
Sinking Fund
Income Account
Land Grant Sinking Fund
Profit and LOPS, etc
$67,557,078 83
Abstract of general balances^for seven years :
—$27,644,916 51
26,122,825 00
4,482,000 00
1,036,051 86
2,280,857 48
3,946,531 71
1,437,722 94
606,173 33
$67,557,078 83
1871-72.
1872.
1873.
1874.
1875.
1876.
1877.
Capital Stock
$
18,649,910
$
18,652,910
*
26,429,563
$
26,639,013
$
27,512,843
$
27,598,242
$
27,644,917
Funded Debt ..
5,278,750
11,498.475
18,855,575
20,879,075
21,662,575
22,986,325
26,122,825
Contingent Liab., B'nch Rds.
Operating Accounts
7,012,207
782,961
7,012,207
478,167
6,993,207
284,329
6,502,000
80,127
5.877,000
130,283
4,515,000
371,402
4,482,000
617,172
1,179,745
1,179,745
1,179,745
1,182,745
1,363,745
2,072,952
2,280,857
Bills Payable
1,193,713
1,203,657
1,150,139
281,372
90,150
2,043,575
3,800
Surplus Fund
259,447
259,447
B. and M.R. R.R.Land Grant.
212,562
174,345
41,736
42,830
43,833
Profit and Loss
321,371
340,341
160,919
151,582
145.508
Land Grant Sinking Fund
359,863
816,626
1,114,640
1,437,723
Sundry Accounts
47,390
46,325
185,687
382,071
851,913
Income Account
2,092,735
2,803,272
3,520,599
3,945,993
4,361,567
3,991,384
3,946,532
Total Liabilities
36,237,411
43,134,205
59,206,537
60,384,874
62,203,131
65,270,003
67,557,079
RAILROAD MANUAL OF THE UNITED STATES.
703
Per contra :
400 Miles.
400 Miles.
400 Miles.
843 Miles.
843 Miles.
843 Miles.
843 Miles.
Construction and Equipm'nt.
Branches, Construction
Bonds & Int. Ace.
a
23,157,296
2,205,676
7,358,346
$
24,281,037
14,533,387
$
29,736,326
10,3-20,244
$
46,966,575
10,347,109
$
47,861,461
10,957,723
$
48,207,044
10,973,642
$
48,928,951
13,901,887
Stocks and Bonds
1,757,988
2,044,500
1,038,800
541,753
404,553
404,553
52251
583,104
660862
798,647
524,962
356,213
518,447
888 655
Sundry Accounts
282,082
52,314
32,999
5,640
5,370
4,265
4 075
Bills Receivable
168,274
905,006
1,066,684
1,248,874
1,522,063
1,633,958
1,711,928
Dues from R. Rs., etc
724,648
181,193
48,384
90,940
82,898
45,104
51 650
B. and M. R. R. R. . .
16,133,438
" " " Land Grant
418,526
862,485
1,062 650
Trustees' Sinking Fund
619,171
876 019
St. L., R. I. andC. R. R. dues
1,985,083
Cash on Hand. ....
479,307
31,015
659,021
594,323
16 251
79 Oil
36,237,411
43,134,206
59,206,537
60,384,874
62,203,130
65,270,003
67,557,079
Statement of funded debt in detail, December 81, 1877 :
Issued.
Out-
standing.
Trust Mortgage 8 per cent. Convertible Bonds, due January 1, 1883
$531,000
$150,000
"• " 8 " Inconvertible " " " "
3.600,000
2,565,000
" ? " Bonds, due October 1, 1890
680,000
661,000
Plain 7 per cent. Bonds, due January 1, 1896
2,391,475
1,632,475
Mortgage 7 per cent. Bonds, due July 1, 1903
11,521,000
11,521,000
2d Mort. on acct. N. Cross R. R., 4 percent, after July 1, 1875, due July 1, 1890
Plain 5 per cent. Bonds, due June 1, 1895
941,000
462,000
841,000
423,000
" due October 1, 1901
2,500,000
2,467,000
Total Outstanding Bonds C., B. and Q. R. R. Co
20,260,475
B. and M. R. R. R. Co. Bonds, over due. . .
1,600
Land Grant 1st Mort. 7 per cent. Bonds, due Oct. 1, 1893.
3d Series Convertible 8 per cent. Bonds, due July 1, 1878.
Convertible 8 per cent. Bonds, due April 1, 1879
5,058,350
1,200,000
1,900,000
4,638,250
283,500
289,500
" " July 1, 1894
900,000
279,000
" July 1, 1889
1,500,000
370,500
Total Outstanding Bonds, B. and M. R. R. R. Co
$5,862,350
The average rate of interest on all the bonds' is 6.83 per cent.
During the year, there were converted into stock, of the bonds of the B. and M.
R. R. R. Co., $46,500.
Abstract of funded debt outstanding from year to year for eight years.:
1871.*
1872.*
1872.t
1873.t
1874.t
1875.t
1876.t
1877.t
T. M.Ss.d. Jan.1,'83.
T.Mort.7s.d.O.l,'90.
Plain 7s,d. July 1 , '96 .
$
2,975,000
400,000
$
2,742,000
680,000
720,000
$
2,742,000
680,000
6 983 225
$
2,742,000
680,000
7 029 875
$
2,739,000
680,000
3 648 675
2,721,000
680,000
2 391,475
$
2,720,000
667,000
1,918,475
$
2,715,000
661,000
1,632,475
7 p.c.Mort. due 1903.
6 031,000
8,428,000
10,433,000
11,521,000
2dM.4is,d.Julyl,'90
S.(P.inIn.of$21,750)
941,000
239,250
941,660
195 750
941,66o
152 250
941,66o
108 750
941,000
65 250
941,000
21,750
891,000
841,000
P. 5p.cs.,d.J. 1,'95.
462,000
488,000
423,000
P. 5p,cs., d.O.1,1901
2,467,000
Bur. &Mo.Riv.R.R.
7,353,950
6,774,150
6,017,350
5,908,850
5,862,350
Total Fun. Debt. .
4,555,250
5,278,750
11,498,475
18,855,575
20,879,075
21,662,575
22,986,325
26,122,825
* April 30.
t December 31.
704
RAILBOAD MANUAL OF THE UNITED STATES.
The following is a list of bonds issued for the construction of railroads leased to
the Chicago, Burlington and Quincy R. R. Company, the payment of which, principal
and interest, is secured by mortgages on the roads severally, and by traffic agreements
given by the lessees. In the lessees' general account they are noted as " contingent
liabilites : "
American Central R. R. (Galva to New Boston, 50.75 m.)— 1st m. 8s (J. and J.), 1878 $386,000
Peoria and Hannibal R. R. (Lewistown to Rushville, 32.25 m.) -1st m. 8s (J. and J.), 1878 277,000
Keokuk and St. Paul R. R. (Keokuk to Burlington, 42 m.)— 1st m. 8s (A. and O.), 1879 317,000
Dixon, Peoria and Hannibal R. R. (Buda to Elmwood, 47.50 m.)— 1st m. 8s (J. and J.), 1889 546,500
Carthage and Burlington K. R. (Carthage to Burlington, 30.75 m.)— 1st m. 8s (M. and N.), 1879. 266,000
Quincy and Warsaw R. R. (Quincy to Carthage, 39.75 m.)— 1st m. 8s (J. and J.), 1890 720,000
Ottawa, Oswego and Fox River Valley R. R. (Streator to Fox River Junction, 57.25 m.)— 1st m.
8s (J. and J.), 1900 1,079,000
Illinois Grand Trunk R. R. (Mendota to Prophetstown, 45.25 m.)— 1st m. 8s (A. and O.), 1890. . 890,500
Total amount outstanding, January 1, 1877 $4,482,000
LAND DEPARTMENT.
Grants of land were made by the General Government to the Burlington and
Missouri River R. R. Co., to aid in the construction of its road; the total number of
acres certified to it, up to June 30, 1877, according to the Land Office report, was 389,313.
There were sold during the year 1877, 13,748.69 acres, at an average of $12.43 per
acre, realizing $170,964.69. There remained on hand at close of year 1877, 41,230.32
acres.
Statement of operations to December 31, 1877 :
Acres.
Amount.
Amount per Acre.
Sold prior to 1877 . ....
383 279 57
$4 644 214 83
$12 11
" during 1877
13,748.69
170,964 69
12 43
Total
397,028.26
$4,815,179 52
$12 13
Cancelled Sales
78,185.62
987,052 16
12 62
Net Balance, December 31, 1877
318,842.64
$3,828,127 36
$12 00
The expenditures of conducting the land department prior to 1877 were $417,-
130.53 ; during 1877, $10,848.09 ; total expenditures, $427,978.62. Taxes paid prior to
1877, $162,829.96 ; during 1877, $8,055.27— total, $170,855.23. Paid to treasurer of
sinking fund, prior to 1877, $1,121,435.47; during 1877, $281,497.86; total, $1,402,-
933.33.
General Balance, Land Department, December 31, 1877.
Expenditures $427,978 62
Taxes 170,885 23
Contracts of Sale— Principal 2,746,982 84
" " Interest 587,17842
Assets and Discount 45,421 48
Treasurer, Sinking Fund 1,402,933 33
$5,381,379 92
Principal of Lands sold $3,833,618 21
Interest " " 1,374,32485
Additional Interest 56,47263
Forfeited Contracts 71,31060
Special Deposits 45,653 63
$5,381,379 92
RAILBOAD MANUAL OF THE UNITED STATES.
705
The total lands remaining unsold (41,230.32 acres) are estimated at $5 per acre.
Abstract of land sales, expenses, taxes, etc., for eight years :
Tears.
Net Acres Sold.
Net Amount
of Sales.
Expenses.
Taxes.
Total
Expenses and
Taxes.
Previous to 1870
$97,586 32
$97,586 32
1870
118,795.93
$1,369,168 55
40,534 72
$33,911 43
74,446 15
1871
40,283.45
505,025 10
52,235 41
24,572 48
76,807 89
1872
23,623.62
286,489 26
53,650 14
35,103 60
88,753 74
1873
20,128.49
262,617 01
46,728 77
30,105 90
76,834 67
1874
53,726.69
676,339 02
49,952 53
22,256 35
72,208 88
1875
42,603.23
487,487 23
35,665 12
6,782 65
42,447 77
1876
15,575.45
199,621 99
37,089 88
10,097 55
47,187 43
1877
3,565.78
41,379 28
10,848 09
8,055 27
18,903 36
Totals
318,842.64
$3,828,127 36
$427,978 92
$170,885 23
$598,863 85
Directors (elected March 27. 1878).— T. Jefferson Coolidge, Sidney Bartlett, C.
Cunningham, John M. Forbes and Charles J. Paine, Boston, Mass. ; W. J. Rotch,
New Bedford, Mass. ; J. N. A. Griswold, Newport, R. I. ; C. E. Perkins, Burlington,
la. ; Peter Geddes, J. L. Gardner, Jr., New York City; Robert Harris and James M.
Walker, Chicago, 111.
Executive and Finance Committee. — J. N. A. Griswold, S. Bartlett, J. M.
Forbes, C. J. Paine, and Robert Harris.
JOHN M. FORBES, President Chicago, 111.
C. E. Perkins, Vice- President and Gen. Manager. Burlington, Iowa.
John N. A. Griswold, Chairman of Board Boston, Mass.
Gen. Tkt. Agt — Samuel Powell Chicago, HI.
Gen. Freight Agent— C. W. Smith " «
Freight Auditor— William McCredie. . " *
-P d ( E. Div.— E. W. Hoyt Aurora, '
*£*fer» 1 M- Div.-J. D. Besler . . . Galesburg, •
Masters— | w Div _j T C]ark ,k
Purchasing Agent— C.M.. Higginson.. Chicago, «
Transfer j J. N. Denison Boston, Mass.
Agents— , Nat. B'k of Commerce. New York City.
Land Commix.— A. E. Touzalin Burlington, la.
Gen. Solicitor— S. M. Walker Chicago, 111.
Sec. and Treasurer — Amos. T. Hall.. . "
Asst. Treas.—J. N. Denison Boston, Mass.
Supt. of Trains— A. A. Hobart Chicago, 111.
Division \ H- Hitchcock Galesburg, "
c, t£ i N. D. Munson Quincy, "
bupts.— | T j Potter Burlington, la.
Gen. Mast. Mech. — W. Wilson
Gen. Auditor— George Tyson Chicago. 1)1.
Supt. Car Dept.—W. W. Wilcox Aurora, "
PRINCIPAL OFFICE AND ADDRESS.
Financial Office. .
Chicago, 111.
.City Exchange, Boston, Mass.
QUINCY, ALTON AND ST. LOUIS EAILKOAD.
Line of Road. — Quincy, 111., to East Louisiana, 111 41.68 miles.
Hannibal Branch 4.65 "
Sidings and other tracks, 4 miles. Gauge, 4 feet 8| inches. Rail, 50 Ibs.
Chartered March 8, 1867. Opened January, 1872.
This road was leased February 1, 1876, to the C. B. and Q. R. R. Co.
Rolling Stock and Operations. — Included in lessees' report.
Financial Statement, July 1, 1875. — Capital stock paid in, $780,000 ; funded debt,
1st mortgage 7 per cent, gold bonds, dated 1872, $1,000,000 ; and floating debt, $117,-
45
706 BAILBOAD MANUAL OF THE UNITED STATES.
627.39 — total stock, bonds and debt, $1,897,727.39 ; cost of road and equipment to date,
$1,974,666.89.
Officers, etc.— Same as C., B. and Q. R. R. Co.
PRINCIPAL OFFICE AND ADDRESS Quincy, 111.
ST. LOUIS, KOCK ISLAND AND CHICAGO EAILKOAD.
This company was organized April 21, 1876, as the successor of the Rockford,
Rock Island and St. Louis R. R. Co., which was chartered February 16, 1865, and the
road opened in December, 1870. It extends from Sterling, 111., to Alton Junction,
111., 250.1 miles, with branches from Sagetown to Keithsburg, 17.9 miles, and from
Rock River to Cleveland, 3.5 miles, a total length of 271.5 miles, with 21 miles of
sidings. In addition, 5.2 miles of the Chicago and Northwestern Ry., from Rock
Island Junction to Sterling, and 20.6 miles of the Indianapolis and St. Louis R. R.,
from Alton Junction to East St. Louis, are operated under lease — the payment to the
former company being $1,500 per year, and to the latter 30 cents per passenger and
per ton of freight. The R., R. I. and St. L. R. R. was sold under foreclosure July
13, 1875, and was bought for the bondholders for $1,320,000. It is leased to the
Chicago, Burlington and Quincy R. R. Co. for $175,000 per year.
Rolling Stock and Operations. — Included in lessees' returns.
Financial Statement, July 1, 1875.— Capital stock (authorized), $9,000,000;
issued, $4,732,579.41 ; funded debt, $9,000,000 ; consisting of 7 per cent, bonds, paya-
ble 1918. Total, $13,732,579.41. Cost of road and equipment prior to sale, which
wipes out the entire capital stock, $14,119,007.
Under the terms of the lease to the C., B. and Q. R. R. Co., an issue of $2.500,000
7 per cent. 1st mortgage bonds has been made, all of which is held by that company.
ROBERT HARRIS, Managing Director .Chicago, 111.
Gen. Supt.—N. J. T. Dana Rock Island, 111. | Treasurer— J. M. Gould Rock Island, 111.
PRINCIPAL OFFICE AND ADDRESS Rock Island, 111.
CHICAGO AND EASTEEN ILLINOIS EAILEOAD.
Line of Road.— Danville, 111., to Dolton, 111 114.0 miles.
Branch : Bismarck, 111., to. Coal Creek, Ind 23.9 "
Sidings and other tracks, 29 miles. Gauge, 4 feet 9 inches. Rail, 56 Ibs.
Chartered February 16, 1865, as Chicago, Danville and Vincennes R. R. Co.
Opened November 1, 1872.
The company lease the Chicago and Southern R. R. from Dolton to Chicago, 20.6 m.
Rolling Stock. — Locomotive engines, 15. Cars — passenger, 7; baggage, mail
and express, 7 ; freight (box and stock, 328 ; platform, 740), 1,068— total revenue
cars, 1,082. Also, 24 service cars.
Operations for year ending June 30, 1877. — Trains run — passenger, 201,931 ;
RAILROAD MANUAL OF THE UNITED STATES. 707
freight, 530,506 ; other, 21,562— total, 753,999 miles. Passengers carried, 110,293 ;
carried one mile, 3,541,913. Freight moved, 467,172 tons ; moved one mile, 51,-
860,676 tons.
Earnings.
From Passengers $113.606 19
" Freight 634,834 01
" Mail, Express, etc 37,59497
$786,035 17
Expenditures.
Operating Expenses $585,374 71
Taxes, etc 12,592 15
Balance, Net Earnings 60,338 45
$786,035 17
On the 1st of June, 1875, this road was placed in the hands of a Receiver.
The Chicago, Danville and Vincennes R. R. Go. defaulted on interest on its cou-
pons October 1, 1873, and the road was sold under foreclosure April 12, 1877, for
$1,450,000, and reorganized.
The lease of the Chicago and Southern R. R. is for $1,866.66 gold, per month.
No later information furnished.
F. W. HUIDEKOPER, President Chicago, 111.
Superintendent—®. S. Lyford Chicago, 111. Treasurer— 5. C. Calhoun Chicago, 111.
Gen. Ft. & Tkt. Agt.— Robert Forsyth, ' Sec. and Auditor— A.. S. Dunham " "
PRINCIPAL OFFICE AND ADDHESS Chicago, 111.
CHICAGO AND SOUTHEKN KAILROAD.
This company was organized in 1874, and the road opened in 1876. It extends
from Dolton, 111., to Chicago, 20.6 miles, and was leased to and operated by the Chi-
cago, Danville and Vincennes R. R. Co. at a rental of $1,866.66 gold, per month.
Operations.— Included in C. and E. 111. R. R. Co.'s report.
Financial Statement. — January 1, 1876 (latest furnished). — Capital stock paid in,
$500 ; funded debt, 1st mortgage 7 per cent, bonds, due April 1, 1904, $320,000—
total, $320,500, representing cost of construction.
N. S. BOUTON, President Chicago, 111.
CHICAGO AND IOWA EAILEOAD.
Line of Road. — Aurora, 111., to Foreston, 111 80 miles.
Leased line : Chicago, Rockford and Northern R. R 23 "
Total length of line owned, leased and operated 103 miles.
Sidings, etc., 8 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs. Steel rails, 23 miles.
This company was chartered March 30, 1869, and the road opened January 1, 1872.
The C., R. and N. R. R. is operated as a branch. The C. and I. R. R. connects the Chi-
cago, Burlington and Quincy Railroad at Aurora with the Illinois Central at Foreston.
Rolling Stock. — Locomotive engines, 15. Cars — passenger, 6 ; baggage, mail and
express, 5; freight (box, 100; platform, 50), 150 — total revenue cars, 161.
708 RAILROAD MANUAL OF THE UNITED STATES.
Operations for year ending June 30, 1877. — Trains run — passenger, 153,250;
freight, etc., 288,330 — total, 441,580 miles. No other operations reported.
Earnings.
From Passengers $129,961 00
" Freight, etc 314,97700
$444,938 00
Expenditures.
For Maintenance of Way & Roll'g St'k. $181,748 40
" Transportation, etc 142,528 15
$324,276 55
Balance — net earnings, $120,661.45. Payments — interest, $140,000 ; taxes, $6,-
294.59.
The books of the company were destroyed by the Chicago fire, so that the exact
cost of the road cannot be given. The estimate, as given before, is reproduced in the
General Balance, June 30, 1874.
Cost of Road $2,895,000
Equipment 263,000
OtherAssets 20,000
$3,178,000
Capital Stock , $1,328,000
Funded Debt 1,750,000
FloatingDebt 100,000
$3,178,000
The funded debt is 1st mortgage 8 per cent., due July 1, 1891.
This company made default on the interest of its bonds, due August 1, 1877, and
the road was placed in the hands of a Receiver.
W. H. HOLCOMB, Receiver Rochelle, III.
Auditor— M. L. Ettinger Rochelle, 111. | Master Mech.—H. S. Bryan Aurora, 111.
PRINCIPAL OFFICE AND ADDRESS Rochelle, 111.
CHICAGO AND NORTHWESTERN RAILWAY.
Line of Road. — Main line and branches, named below 1,502.10 miles.
Proprietary roads, named below 491.18 "
Total length of line owned, leased and operated 1,993.28 miles.
WISCONSIN DIVISION 319.50 miles.
Chicago to Fort Howard 242.20
Kenosha to Rockford 72.10
Chicago Cut-off 5.20
GALENA DIVISION 312.60 "
Chicago to East Bank Miss. River (opp. Clinton) 137.00
Chicago to Freeport 121.00
Elgin to Geneva Lake 44.50
Geneva to St. Charles 2.40
Geneva to Batavia 3.20
Chicago South Branch Track, Junction to River '. 4.50
RAILROAD MANUAL OF THE UNITED STATES. 709
IOWA DIVISION 365.10 miles.
Bridge over the Mississippi River at Clinton 1.10
Clinton to Cedar Rapids (Chicago, Iowa and Neb. R. R). . 81.30
Cedar Rapids to Missouri River (C. R. and Mo. R. R. R). 271. 60
Clinton to Lyons (Lyons Branch Railroad) 2.60
Stanwood to Tipton (Stan wood and Tipton Railway) 8.50
MADISON EXTENSION 198.00 "
Belvidere to Madison 68.90
Madison to Winona Junction 129.10
PENINSULA DIVISION 221.90 "
Fort Howard to Michigan State Line 49.45
Michigan State Line to Escanaba 64.65
Escanaba to Lake Angeline Mine 68.00
Branches and Extensions to Mines 39.80
MILWAUKEE DIVISION 85.00 "
Chicago to Milwaukee 85.00
1,502.10
PROPRIETARY ROADS.
WINONA AND ST. PETER RAILROAD . . .327.00 miles.
Winona, Minn., to State Line .288.50
State Line to Lake Kampeska 38.50
WINONA, MANKATO AND NEW ULM RAILROAD 3.75 "
Mankato Junction to Mankato 3.75
LA CROSSE, TREMPELEAU AND PRESCOTT RAILROAD 29.00 "
Winona Junction to Winona 29.00
IOWA MIDLAND RAILWAY 68.80 "
Lyons to Anamosa 68.80
NORTHWESTERN UNION RAILWAY 62.63 "
Milwaukee to Fond du Lac Junction. . . . .62.63
Total 1,993.28 miles.
Sidings, 200 m. Double track, 60 m. Steel rails, 591.93 m. Gauge, 4 feet 8£ in.
This company was incorporated under its present title June 6, 1859. The com-
panies now included in this organization are the Madison and Beloit R. R. (chartered
August 19, 1848), the name of which was changed March 11, 1851, to the Rock River
Valley Union R. R., and consolidated March 30, 1855 with the Illinois and Wisconsin
R. R. Co. (chartered February 12, 1851), under the name of Chicago, St. Paul and
Fond du Lac R. R. The latter company was consolidated February 12, 1857, with
the Wisconsin and Superior R. R. (chartered October 11, 1856), retaining its own title,
and was sold under foreclosure June 2, 1859, and the purchasers organized under the
name now held by it. Various local companies were also absorbed by it at different
times. On the 2d of June, 1864, it was consolidated with the Galena and Chicago
Union R. R., Co., Illinois (chartered January 16, 1836); October 21, 1864, with the
Peninsula R. R. of Michigan (incorporated February 12, 1845). The present length
of line was brought into operation in September, 1873, excepting some short branches
to the mines.
710
RAILROAD MANUAL OF THE UNITED STATES.
The length of lines in the various States through which the road passes is as fol-
lows : Illinois, 489.60; Wisconsin, 566.14; Iowa, 435.31; Michigan, 171.58; Min-
nesota, 292.25; Dakota, 38.50. Total, 1,993.28 miles.
Rolling Stock. — Locomotive engines, 342. Cars — passenger, 173 ; baggage and
express, 65; mail, 15; officer, 4; freight (box, 4,273; platform, 1,025; stock, 504;
ore, 1,957; caboose, 140), 7,899. Total revenue cars, 8,152. Also, 18 boarding; 26
road ; 40 ditching ; and 12 wrecking cars. Total of all cars, 8,252.
The above are exclusive of those on the Winona and St. Peter R. R., the equip-
ment of which consists of 27 locomotive engines, 7 passenger, 4 baggage, and 1,026
freight cars ; making a total of 369 engines and 9,289 cars.
Abstract of equipment and rolling stock for ten years (May 31) :
Classes.
1868.
1869.
1870.
1871.
11872.
1873.
1874.
1875,
1876.
1877.
Locom
Cars : -
olives : i
Passen
Caboos
Baggag
Boardii
Freight
Iron O
Wreck:
k Total C
rlst (
2dC
WA11(
ger:-
e and
e, Ma
J£T
31as?
204
44
206
49
255
125
30
210
49
214
50
216
53
219
82
lass
Classes
248
118
21
139
137
107
4
3,563
901
307
53
259
133
31
264
134
32
269
127
27
301
135
27
342
141
27
342
142
29
342
142
29
342
144
29
fist Class
2d Class
, All Classes
Way
155
149
109
4
3,654
904
311
53
164
150
110
7
3,674
908
315
84
166
151
113
7
3,675
909
316
128
154
123
76
7
3,530
960
337
162
125
80
18
4,151
1,009
386
168
140
80
18
4,293
1,025
384
171
140
80
18
4,273
1,025
404
171
140
80
18
4,273
1,025
454
173
140
80
18
4,273
1,025
504
il and Express. .
fB
P
.1 si
T
U
re . . . .
3X
atf orm
ock
aal
11 Classes . ...
4,824
522
4,922
536
4,981
851
5,027
996
5,222
1,121
5,546
1,955
36
6,112
1,957
37
6,115
1,957
37
6,165
1,957
78
6,213
1,957
78
ng, e
ar St
tc
ock
5,733
5,875
6,263
6,460
6,343
7,699
8,106
8,109
8,200
8,248
The operations, earnings, and expenses of the proprietary roads are not included
in the following statement.
Operations for year ending May 31, 1877. — Trains run — passenger, 2,632,981 ;
freight, 4,427,605 ; service, 1,915,172 ; other, 655,346— total, 9,631,104 miles. Passen-
gers carried, 3,347,853 ; carried one mile, 116,902,435. Freight moved, 3,413,398 ;
moved one mile, 485,357,900.
Earnings.
(1,502.1 miles.)
Expenditures.
From Passengers $3,018,622 79
" Freight 8,261,58372
" Express 246,90836
" Mails 284,79238
Miscellaneous 65,592 78
$11,877,500 03
For Maintenance of Way $1,601,609 75
" Fuel 822,95925
" Rolling Stock . . 954,88267
" Transportation 2,785,773 61
Miscellaneous 71,462 95
$6,236,688 23
Balance — net earnings, $5,640,811.80. Deduct taxes, $310,991.83 — leaves available
net income, $5,329,819.97. Disposition of net earnings shown in net income account.
EAILEOAD MANUAL OP THE UNITED STATES.
711
Net Income Account (1,502.1 miles] year ending May 31, 1877.
Balance, May 31, 1876 $3,817,329 53
Net Income $5,640,811 80
Less Taxes, etc 325,507 02
5,315,304 78
$9,132,634 31
Interest, Premium, etc., on Bonds $2,346,654 54
Sinking Fund 40,12000
Kent of Leased Lines 1,092,954 19
Dividends 537,367 82
Advances, etc 756,791 96
Balance of Income 4,358,74580
$9,132,634 81
The interest paid on the funded debt, exclusive of premium, etc., was $2,240,-
139.87 ; and the rental paid the leased lines was $471,464.50 to the Chicago, Iowa and
Nebraska, and $621,489.69 to the Cedar Rapids and Missouri River R. Rs.
The dividends consisted of 2£ percent, on preferred stock, amounting io $536,810,
and $557.82 in adjustment of G. and C. N. R. R. stock surrendered. The advances to
proprietary roads were $586,670.13 to the W. and St. P. R. R. ; $7,612.27 to the W.,
M. and N. U. R. R. ; $54,361.37 to L. C., T. and P. R. R., and $108,148.19 to the Iowa
Midland Railway.
Abstract of operations for ten years :
I. — TRAIN, PASSENGER AND TONNAGE OPERATIONS.
May 31.
Years.
Miles
R. R.
Miles run by Trains.
Total.
Passengers Carried.
Freight Moved, Tons.
Passen-
ger.
Freight.
Other.
Number.
One Mile.
Number.
One Mile.
1868...
1869....
1,153.4
1,156.0
2,060,412
2,231,941
2,276,548
2,239,494
2,224,705
2,479,202
2.823,889
3,407,620
3,527,143
3,347,853
88,807,502
110,804,266
115,457,459
100,802,521
99,299,476
111,071,927
109,134,533
116,779,137
122,281,308
116,902,435
1,982,429
2,211,826
2,222,978
2,298,170
2,510,016
2,958,390
3,591,090
3,153,315
3,471,927
3,413,398
260,920,415
1870....
1871 ....
1872....
1873....
1874....
1875....
1876....
1877....
1,158.0
1,223.8
1,382.9
1,459.5
1,489.7
1,500.9
1,500.9
1,502.1
5,913,288
5,690,968
7,235,827
7,553,086
9,144,280
9,572,894
9,921,155
9,631,104
264,747,240
268,417,381
287,764,006
366,475,480
461,412,030
454,550,357
503,132,389
485,357,900
2,04l',284
2,119,760
8,491,966
2,573,777
2,632,981
3,427,559
4,587,373
4,589,081
4.636,517
4,427,605
2,084,243
2,437,147
2,491,857
2,710,861
2,570,518
II.— EARNINGS, EXPENSES, INTEREST, ETC.
00 CO
l«
x%
Passenger
Earnings.
Freight
Earnings.
Gross
Earnings.
Operating
Expenses-
Net
Earnings.
Interest
Paid.
Divi-
dends.
Leaee
Rents.
Surplus.
1868.
1869.
1870.
1871.
1872.
1873.
1874.
$
3,573,031
3,990,998
3,799,258
3,333,111
3,260,654
3,509,702
3,426,824
I
8,266,809
9,291,478
8,187.597
7,700,809
7,521,275
8,614,260
10,270,519
$
12,614,847
13,941,343
12,535,428
11,694,914
11,402,161
12,736,607
14,351,523
$
7,873,647
7,924,593
8,013,317
6,311,506
6,810,026
8,178,237
9,275,850
$
4,741,200
6,016,823
4,522,111
5,383,408
4,592,135
4,558,370
5,075,673
$
1,344,440
1,258,727
1,117,743
1,062,777
1,071,994
1,356,885
2,071,687
$
2,810,110
3,304,777
1,972,489
3,551,278
1,486,189
2,019,640
$
982,839
1,135,634
1,043,692
931,103
856,610
928,423
1,049,649
$
20,477
281,770
541,424
333,559
1,465,694
164,274
2,119,346
1875.
3,205,060
8,837,828
12,707.727
7,984,697
4,723,032
2,217,628
1,085,950
2,637,613
1876.
3,145,750
9,001,178
12,773,711
7,408,858
5,364,853
2,383,793
1,142,646
3,817,330
1W7.
3,018,623
8,261,584
11,877,500
6,547,680
5,329,820
2,346,655
537,368
1,092,954
4,358,746
In the above table, taxes and insurance are included in operating expenses ;
premium on gold and exchange, in interest ; and advances to proprietary roads are
deducted from surplus.
712
RAILROAD MANUAL OF THE UNITED STATES.
The net income of the road proper over all payments of interest, rents, etc., for
the year was $1,835,018.23, against $1,797,550.69 for the previous year.
The aggregate business of the proprietary roads, 491.18 miles, for the year was
as follows :
Earnings.
From Passengers $359,672 39
" Freight 743,69495
" Express and Mails 43,47348
Miscellaneous 8,761 11
Expenditures.
Operating Expenses. $937,093 06
Taxes 41,327 80
Interest 933,97203
$1,155,601 93 $1,912,393 89
Balance, deficit, $756,791.96, deducted from net income, leaves] $1,078,226.27, as
the net profit of operations of all the company's lines for the year. The gross re-
ceipts of all lines were $13,033,101.96, against $14,013,731.97 for 1876, and $13,786,-
303.08 for 1875 — a decrease of $980,630.01 as compared with the previous year.
The earnings, expenses, etc., of each of the proprietary roads are stated under
their titles.
The income and expenses of all lines for the year ending May 31, 1877, is shown
in the following
General Income Account (1,993.28 Miles).
Resources.
Cash on hand May 31,1876 $910,598 53
Gross Earnings 13,033,101 96
Sale of Bonds, Lands, etc 786,998 66
Materials, etc 210,532 44
Disbursements.
Operating Account $8,619,055 11
Interest on Bonds 3,485,146 60
Dividends
Construction, etc
Sundry Items
Cash on hand May 31, 1877.
537,367 82
727,041 80
740,209 15
832,411 11
$14,941,231 59 $14,941,231 59
Included in sundry items are $639,651.09 reduction of floating debt and land
notes, and $100,558.06 increase of assets.
Abstract of income account for seven years .(May 31):
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Miles K.R
1,223.8
$
541,424
11,694,915
1,382,9
$
333,559
11,402,162
1,459.52
$
1,465,694
12,736,608
1,498.7
$
1,629,968
14,351,524
1,499.6
$
2,119,346
12,707,707
1,500.9
$
2,637,613
12,773,711
1,502.1
$
3.817,330
11,877,500
Balance on hand
Gross Earnings
Operating Account & Rental.
Interest on Bonds
12,236,339
7,234,046
1,071,342
3,552,272
45,120
11,735,721
7,555,557
1,071,994
1,486,276
45,120
111,080
14,202,302
9,074,379
1,356,885
2,020,669
88,120
32,281
15,981,491
10,320,424
2,071,687
465
42,120
5,075
1,422,375
2,119,346
14,827,073
9,065,175
2,217,628
372
40,120
18,264
847,900
2,637,613
15,411,324
8,562,131
2,366,473
744
40,120
6.693
617,834
3,817,330
15,694,830
7,655,149
2,346,655
537,368
Dividends
Sinking Fund
Losses from Fire, etc
Advances to Prop'y Roads .
Balance..
756,792
4,358,746
333,559
1,465,694
1.629.968
12,236,339
11,735,721
14,202,302
15,981,492
14,827,073
15,411,324
15,694,830
Leased Lines. — The Chicago, Iowa and Nebraska, and the Cedar Rapids and
Missouri River Railroads are leased lines, and their mileage and all their operations
RAILROAD MANUAL OF THE UNITED STATES.
713
are included in those of the main line. The annual rental of the Chicago, Iowa and
Nebraska R. R., originally 47| per cent, of gross earnings, has been reduced to 37£
per cent., this reduced rental dating from December 1, 1869. The rental of the Cedar
Rapids and Missouri River R. R. was $1,750 per mile to January, 1871. The present
rental is $750 of the first $1,500 of gross earnings per mile, 33£ per cent, of the excess
over $1,500 and up to $4,500, and 20 per cent, of all excess over and above $4,500.
The 8 per cent, bonds of the Iowa Midland Railway are guaranteed to the extent
of $18,000 per mile.
The rental paid to the C., I. and N. R. R. for the year ending May 31, 1877, was
$471,464.50, or equivalent to $1,257,240 of gross earnings ; and to the C. R. and M.
R. R. R., $621,489.69.
Abstract of operations of all lines for five years :
Years Ending May 31.
Gross Earnings.
Operating Expenses.
Dividends, Interest,
etc.
Net
Surplus,
All Lines.
C. & N. W.
Proprie-
tary R.Rs.
C.& N.W.
Proprie-
tary R.Rs.
C.& N.W.
Proprie-
tary R.Rs.
1873...
$12,736,607
14,351,523
12,707,727
12,773,711
11,877,500
$1,038,948
1,280,414
1,078,577
1,240,021
1,155,602
$8,178,237
9,275,850
7,984,697
7,408,858
6,547,680
$748,843
923,892
796,573
865,432
978,421
$4,203,554
3,163,921
3,303,692
3,567,303
3,494,802
$605,392
913,192
1,129,905
992,423
933,973
$39,529
1,355,082
571,437
1,179,717
1,078,226
1874
1875
1876..
1877
Included in the operating expenses in the above table are the taxes, and in divi-
dends, interest, etc.. are the premiums on gold, rent of leased lines, and contributions
to sinking fund
Abstract of earnings (in cents) per passenger and per ton per mile for eight years :
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
3 29
3 31
3 28
3 16
3 14
3 02
2 85
2 89
Freight
3.09
2.87
2.61
2 35
2 22
2 10
1.95
1.86
Average
3 15
2 99
2 92
2 54
2 40
2 11
2 04
1 97
The average distance run by each passenger train was 98.77 miles against 100.08
miles the previous year ; each freight train 195.90 against 201.99 miles for 1876.
The gross earnings per mile on the C. and N. Ry. proper (1,502.1 miles) were $7,-
907.26; operating expenses, $4,369.02 ; net earnings, $3,548.24; gross earnings for
entire system (1,993.28 miles) were $6,538.52; operating expenses, $3,775.74; net
earnings, $2,762.78.
The amount paid for construction and equipment during the year was $727,324,-
66, of which $665,801.85 was on construction account, $482,722.81 being for the C.
and N. W. Ry., and $183,079.04 for proprietary roads. The principal item of expense
were $221,000.50 for cost of steel rails over iron. The amounts going to the proprie-
tary roads were $22,126.44 to W. and St. P.; $465.90 to W., M. and N. U. ; $31,-
717.56 to La. C., T. and P.; $3,659.21 to Iowa M.; and $125,109.93 to N. W. U. ;
151.73 miles of steel rails were laid during the year.
714
KAILBOAD MANUAL OF THE UNITED STATES.
General Balance Sheet (C. and N. W. E. E. Co.}, May 31, 1877.
Stock, Common $14,989,023 98
Old Construction to June 1, 1864 $39,658,302 62
New
20,966,707 38
Equipment 8,088,832 30
Proprietary JRoads :
Cost $2,534,798 40
Less N. W. U. Ry 188,419 19—2,346,379 21
General Assets— Bonds 647,800 00
'• Stock, etc 132,09117
Materials on Hand 1,116,443 39
Preferred 21,475,802 72— $36,464,826 70
Funded Debt 31,793,00000
Real Estate Mortgages 236,250 00
Leased Lines in Iowa 193,034 29
Unfunded Debt. $2,075,420 40
Less Sums Due 1,332,592 87
And Cash 832,411 11— 103,450 71
Balance, Income Account 4,358,745 80
$72,956,273 21
Abstract of unfunded debt for six years :
$72,956,273 21
May 31,
1877.
May 31,
1876.
May 31,
1875.
May 31,
1874.
May 31,
1873.
May 31,
1872.
Due Leased Lines in Iowa.
Current Bills,Pay Rolls,etc.
Dividends and Coupons
Bills Payable
$193,034
1,218,997
856,423
$208,044
924,778
793,028
879. 3H8
84,134
$224,415
1,090,123
757,223
1,798,572
106,722
$195,730
1,493,047
709,717
2,271,450
101,243
$173,643
2,186,785
1,315,663
964,742
214,706
$156,920
1,410,079
1,109,865
8,560
216,903
Due R. R. Cos.
And among the dues and assets are the following :
May 31,
1877.
May 31,
1876.
May 31,
1875.
May 31,
1874.
May 31,
1873.
May 31,
1872.
Cash on Hand
$832,411
380,787
776,775
175,031
$910.598
511,372
612,929
120,250
$843'747
335,062
517,519
126,946
$881,638
515,653
626,950
46,357
$729,657
552,134
713,946
' 61,828
$1,211,234
428,178
667,178
81,437
Dues from Station Agents,
Companies, etc.
etc
" II. S. Gov't, Express, etc. . . .
Abstract of general balances for seven years (May 31) :
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Miles R. R
1 2238
1 3829
1 459 52
1 4987
1 499 6
1 5009
1,502.1
Locomotives
264
269
301
342
342
342
342
Pass, and Baggage Cars
Freight Cars
279
6,181
230
6,113
227
7,695
252
7,854
255
7,844
245
7,955
257
7,995
Common Stock
$
14,720,959
$
14,810,980
$
14 993 020
$
14 993 060
$
14,494,600
$
15,011,180
$
14.989,024
Preferred "
20,415,013
21,067,663
21,484 063
21,484,114
21,485,653
21,502,233
21,475,803
Funded Debt
18,049,000
20,474,000
25,008,500
29,538,500
30,210,000
31,033,000
31,?'93,000
Depot, etc. (Fulton)
42,678
Due R. R. Cos. (Bal.)
17,302
216,904
214,706
101,243
194,486
84,135
Iowa Midland Ry
483,062
Bills Payable
8,560
964,744
2 271,451
1,798,573
504,916
Current Accounts (Balance)..
335,216
288,836
1,618,525
327,895
106,722
103,451
D. N. Barney
310,000
210,000
110,000
60,000
Income Account
333,559
1,465,695
1,929,968
2,119,346
2,637,613
3,817,320
4,358,746
Proprietary Roads
633,233
399,593
168,155
Real Estate Mortgages
255,000
236,250
54,706,789
58,542,638
66,023,526
71,528,842
71,827,240
72,521,103
72,956,274
Cost of Consolidated R. R. . .
New Construction
39,972,413
6,405,235
39,976,663
10,386,493
39,979,263
14,832,609
39,979,263
18,023,939
39,979,263
19,228,529
39,658,303
20,483,985
39,658,302
29,966,707
New Equipment
5,623,012
5,836,!>(>3
7,274.227
7,953,287
7,981,784
8,027,30$)
8,088.832
Assets (Bal.) ....
761,819
805,130
2,405,685
359 955
44 214
302 651
779,891
Materials
873,180
911,200
1,531,742
2,268,244
1,861,776
1,326,976
1,116,443
Minona and St. Peter R. R. .
1,069,081
Advances to R. Rs
2,049
1,431,319
Proprietary R. Rs
2,944,154
2,731,674
2,721,880
2,346,379
54,706,789
58,542,638
66,023,526
71,528,842
71,827,240
72,521,103
72,956,274
RAILROAD MANUAL OF THE UNITED STATES.
During the year the floating debt was paid off by the proceeds of the sale of
$760,000 consolidated bonds, and the balance applied to construction account. A
branch road, 25 miles long, called the Menominee River R, R., is constructing in the
mining regions, and will be equipped and operated in the interest of this company.
The total interest charge will not exceed $28,000 per annum. A lateral road, called
Maple River R. R., is also under construction as a branch of one of the leased lines
in Iowa. When completed it will be 60 miles long. It is proposed to lease and
operate it on similar terms with the other leased lines, except that the minimum
annual rent shall not fall below $400 per mile, nor the maximum exceed $1,350 per
mile. Arrangements have also been made with the Green Bay and Minnesota R. R.
Co. for joint use of track into the city of La Crosse.
During the year, the company moved 383,557 tons of iron ore, an increase of
over 45 per cent, over the previous year.
The capital stock was increased $194,101.14 preferred, and $91,965,57 common,
in exchange for stock and scrip of some of the original companies forming the con-
solidation. Consolidated currency bonds amounting to $65,000 were also issued for
similar purposes, in addition to the $760,000 gold bonds sold.
No statement is made of the earnings and expenses of the various divisions on
the main lines, which were regularly reported up to the year 1873.
Statement of funded debt in detail, May 31, 1877 :
Character of Bonds.
Rate,
p.c.
Interest
Payable.
Prin-
cipal
Due.
Amount
Out-
standing.
Pref. Skg. Fd., 1st M. on R. R., Chicago to Oshkosh
7
Feb. and Aug. 1.
1885.
$
1,236,500
Funded Coupon, M. Lien next to above, ditto
7
May and Nov. 1.
1883.
729,600
Gen. 1st M., next to above ditto
7
Feb. and Aug. 1.
1885.
3,539,400
Appleton Ex , 1st M 23m R. R and 76,000 acres
7
1885.
139,000
Green Bay Ex., 1st M. 26 in. and 76,000 acres
7
i
1885.
251,000
G. and C. U. 1st M., 248 miles R. R
7
i
1882.
1,691,000
" Miss. River Bridge ..
7
Jan. and Ju y 1.
1884.
181,000
" Elgin and State Line R. R
6
1878.
119,500
Beloit and Madison , 1st M
7
(
1888.
271,000
Peninsula R. R., 1st M. R. R. and Lands
7
Mar. and Sept. 1.
1898.
285,000
Consol. Skg. Fd., exchangeable for above
7
F., M. A. & N. 1.
1915.
4,455,000
Chi. and Milw. Railway, 1st M., General
7
Jan. and July 1.
1898.
1.700,000
Madison Ex., 1st M. on 126 miles
7*
April and Oct. 1.
1911.
3,150,000
Menominee Ex., 1st M. on 120 miles
7*
June and Dec. 1.
1911.
2,700,000
General Consolidated Mortgage
7*
a ti
1902.
11,343,000
* Gold.
In addition to the above, are $2,000 G. and C. U. 2d mortgage, due 1875, not yet
presented for payment. All bonds in the above table, arranged before the consoli-
dated sinking fund, are exchangeable for the latter at the option of the company.
The total funded debt of the Chicago and Northwestern Railway Co. amounts to
$31,793,000, of which $14,600,000 bear interest in currency, and $17,193,000 in gold.
In addition to the above, the funded debt on the proprietary roads is as follows :
716
BAILROAD MANUAL OF THE UNITED STATES.
Interest
p. c.
Due.
Currency.
Gold.
Iowa Midland Railway Company 1st Mortgage
8
7
10
7
7
7
Oct. 1, 1900.
June 1, 1917.
April 1, 1878.
Jan. 1, 1887.
Nov. 1, 1907.
Dec. 1, 1916.
$1,350,000
$3,500,000
4,375,000
Northwestern Union Railway Co. 1st Mortgage
La Crosse Trempeleau and Prescott R. R. Co
1,000,000
2,750,000
1,650,000
Winona and St. Peter 1st Mortgage
" " " 2d "
Winona and St Peter Extension
Proprietary Roads
$6,750,000
$1** Q>"*K /Wl
f,o<o,UUU
Total Currency Bonds, all lines $21,350,000
Total Gold Bonds, all lines * 25,068,000
Aggregate Funded Debt $46,418,000
Land Department. — The number of acres of land held under the respective land
grants, on the 31st May, 1877, was as follows: In Michigan, 622,271.43 acres ; in Wis-
consin, 359,549.38 acres; in Minnesota, 727,940.43 acres, and in Dakota, 443,313.75
acres — total number of acres, 2,153,074.99.
During the year, there were sold in Michigan, 13,276.96 acres ; in Wisconsin,
3,202.75 acres, and in Minnesota and Dakota, 2,073.57 acres — total sales for year,
18,553.28, in addition 35 town lots. The total amount of sales was $62,204.52.
The first report of the land department was contained in report for year ending
May 31, 1874, at which time the sales of lands commenced. The following is a sum-
mary of operations in this department since that time :
Year.
Acres
Owned.
Acres Sold.
Town
Lots Sold.
Amount of
Sales.
Acres Sold
in
Wisconsin.
Acres Sold
in
Michigan.
Acres Sold
in
Min. &Dak.
1874...
2,105,942.31
1875
2,108,643.16
24,296.48
116 137.27
10 844 35
13 452 13
1876
2,155,560.90
10,456.90
30,952.42
1 646 26
8 810 64
1877
2,153,074.99
18,553.28
35
62 204 52
3 202 75
13 276 96
2073 57
Financial Statement of proprietary roads, May 31, 1877 :
Winona and St. Peter R. R.— Capital stock, $410,030; funded debt, $8,775,000 ;
advances by C. and N. W. Ry.Co., $1,385,904.59— total, $10,570,934.59. Per contra:
Cost of railroad, $10,528,130.34; operating assets, $42,804,25— total, $10,570,934.19.
Expenditures for construction during the year, $24,265.99. Gross earnings, $573,666.01.
Winona, Mankato and New Ulm R. R. — Capital stock, $100,000; advances,
$72,409.48— total, $172,409.48, representing cost of road. Gross earnings, $3,604.49.
La Crosse, Trempeleau and Prescott R. R.— Instalment of stock, $2,500;
funded debt, $1,000,000; advances, $446,914.61— total, $1,449,414.61, representing
cost of road. Gross earnings, $208,656.80.
Iowa Midland Railway.— Capital stock, $44,947.50; funded debt, $1,350,000;
advances, $91,414.11— total, $1,486,361.61, representing cost of road. Gross earnings,
$100,017.07.
Northwestern Union Railway.— Funded debt, $3,500,000; advances, $106,838.-
47— total, $3,606,838.47. Per contra: Cost of road, $3,114,933.42 ; operating account,
$491,905.05— total, $3,606,838.47. Gross earnings, $269,657.56.
The details of the funded debt of these lines are given with those of the C. and
N. W. Ry. Co.
BALLROAD MANUAL OF THE UNITED STATES.
717
CHICAGO AND NORTHWESTERN AND PROPRIETARY ROADS (1,993.28 MILES).
Summary of Balance Sheets, May 31, 1877.
Chi. and N. Ry. Co.—
Road and Equip1 1.. .$68,713,559 44
Cost and Advances—
Prop'y and B'h L.. 2,346,379 21
Assets 779,89117
Material 1,116,443 39 $72,956,273 21
W. & St. P. R. R. Co.—
Road and Equip't. . . 10,528,130 34
Operating Assets .... 42,804 25 10,570,934 59
W.,M.&N.U.R.R.Co.—
Cost of Road 172,409 48
LaC.,T.&P.R.R.Co.—
Cost of Road 1,449,414 61
Iowa Midland Ry.Co. —
Cost of Road 1,486,361 61
N. W. U'n. Ry. Co.—
Cost of Road 3,114,933.42
Operating Account.. 491,90505 3,606,83847
C. & N. W. Ry. Co.—
Capital Stock $36,464,826 70
Bonds 31,793,00000
Bal., Sund. Ace., etc. 339,700 71 $68,597,527 41
W.&St.P.R.R.Co.—
Capital Stock 410,030 00
Bonds 8,775,000 00
Bal. for Advances... 1,385,90459 10,570,93459
W.,M.&N.U.R.R.Co.—
Capital Stock 100,000 00
Bal. for Advances. . 72,409 48 172,409 48
LaC.,T.&P.R.R.Co.—
Instalments on Stock. 2,500 00
Bonds 1,000,000 00
Bal. for Advances... 446,91461 1,449,41461
Iowa Midland Ry. Co.—
Capital Stock 44,947 50
Bonds 1,350,000 00
Bal. for Advances... 91,41411 1,486,36161
N. W. U'n. Ry. Co.—
Gold Bonds 3,500,000 00
Bal. for Advances. . 106,83847 3,606,83847
BAL. OP IN. Ace. OF COME'D ROADS. 4,358,745 80
$90,242,231 97
Abstract of combined balance sheet for five years (May 31) :
$90,242,231 97
1873.
1874.
1875.
1876.
1877.
Miles R.R
1,849 56
1 989 88
1,990 78
1,992.08
1,993 28
Capital Stock, C. and N.W. Ry Co.
W. and St. P. R. R. Co
$
36,477,083 82
410,030 00
$
36,477,173 82
410 030 00
$
36,480,253 82
410,030 00
*
36,513,413 82
410,030 00
$
36,464,826 70
410,030 00
W., M. and N. U. R. Co
LaC.,T. and P. R. R. Co....
Iowa Midland Ry. Co
100,000 00
990 00
44 947 50
100,000 00
1,000 00
44 947 50
100,000 00
1,000 00
44.947 50
100,000 00
1,000 00
44,947 50
100,000 00
2,500 00
44,947 50
Funded Debt, C. and N. W. Ry Co.
W. and St. P. R. R. Co
La C., T. and P. R. R. Co. ...
Iowa Midland Ry. Co
N. W. U. Ry.Co
25,008,500 00
8,775,000 00
1,000,000 00
1,350,000 00
3,500,000 00
29,538,'500 00
8,775,000 00
1,000,000 00
1,350,000 00
3 500000 00
30,210,000 00
8,775.000 00
i,ooo;ooo oo
1,350,000 00
3,500,000 00
31,033,000 00
8,775,000 00
1,000,000 00
1,350,000 00
3,500,000 00
31,793,000 00
8,775,000 00
1,000,000 00
1,350,000 00
3,500,000 00
Floating Debt, C. and N.W.Ry. Co.
Bal. due from W. & St. P. R. R. Co.
W., M. andN. U. R. R. Co...
LaC.,T. and P. R. R. Co....
Iowa Midland Ry. Co
2,907,947 27
1,566,856 91
82,232 94
390,872 56
320,427 99
2,760,588 68
1,440,008 81
71,927 08
375,774 06
84 091 58
2,099,781 70
1,380,501 20
71,927 08
376,315 42
86,018 49
989,204 68
1,361,638 60
71,943 58
416,697 05
87,754 90
339,700 71
1,385,904 59
72,409 48
446,914 61
91,414 11
N. W. U. Ry. Co
106,838 47
Balance Income Account
764,264 91
2 119 346 26
2,637,612 64
3,817,329 53
4,358,745 80
Construct'n, etc., C. & N.W.Ry. Co.
W. and St. P. R. R. Co
82,699,180 90
6-2,086,098 60
10,079,092 95
88,048,387 79
65,956,488 49
10 488 274 98
88,523,387 85
67,189,575 51
10,471,467 85
89,471,959 66
68,169,596 68
10,506,003 90
90,242,231 97
68,713,559 44
10,528,130 34
W., M. and N. U. R. R. Co..
La C., T. and P. R. R. Co...
Iowa Midland Ry. Co
171,565 20
1,386,540 54
1,469,146 85
171,927 08
1,376,774 06
1 479 039 08
171,027 08
1,377,315 42
1,480,965 99
171,943 58
1,417,697 05
1,482,702 40
172,409 48
1,449,414 61
1,486,361 61
N.W. U. Ry. Co
2,207,719 45
2 825,361 79
2,911,988 37
2,989,823 49
3,114,933 42
Assets, etc., C. andN. W. Ry. Co..
W. and St. P. R. R. Co
2,405,685 15
14,309 43
3,304,109 09
70,487 11
2,775,889 27
39,063 35
3,024,530 8-2
40,664 70
3,126,270 38
42,804 25
N.W. U. Ry. Co
1,531,742 18
41,404 94
188,419 19
342,021 21
491,905 05
Materials, etc., C. and N. W. Ry. Co.
Bonds unsold, W. & St. P. R. R. Co
1,292,280 55
55 000 00
2,268,244 45
55 000 00
1,861,775 82
55,000 00
1,326,975 83
1,116,443 39
Land Grant " "
11 276 72
82,699,180 90
88,048,387 79
88,523,387 85
89,471,959 66
90,242,231 97
718
KATLKOAD MANUAL OF THE UNITED STATES.
The following is a comparative statement of the earnings, expenses, etc., Chicago
and Northwestern Railway and proprietary roads, for six months, ending November
30, 1877 :
GROSS EARNINGS.
1877.
1876.
Increase
or Decrease.
$1,761,586 46
5,686,905 34
132,938 82
141,551 36
35,085 47
$1,964,036 11
5,342,^38 20
134,643 48
158,881 49
41,356 U4
Decrease
Increase .
Decrease
n
(t
. $202,449 65
. 344,067 14
1,704 66
17,330 13
6,271 37
Mail
$7,758,067 45
$7,641,756 12
Increase .
..$116,311 33
GROSS CHARGES.
1877.
1876.
Increase
or Decrease.
$3,855,445 31
$4,147,670 38
Decrease
$292 225 07
92,405 04
73.709 15
Increase
18 695 89
Interest on Bonds and Interest and Exchange. .
Premium on gold
1,628,883 31
50,637 50
1,626,114 26
101,068 52
it
Decrease
2,769 05
£0 431 02
113,120 00
40,120 00
Increase
73 000 00
637,957 76
610,248 07
ii
27 709 69
95 47
15,073 01
Decrease
14 977 54
Net Profit, 6 months
$6,378,544 39
$1,379,523 06*
$6,614,003 39
$1,027,752 73
Decrease
Increase .
..$235,459 00
.$351,770 33
Less dividends, viz. :
3_J£ per cent December 1877 ....
753,284 00
2% per cent., December, 1876
536,810 00
Surplus, Dec. 1
$626,239 06
$490,942 73
* Net profits for seven months, ending December 31, 1877, are $1,500,702.34.
A dividend of 3£ per cent, on the preferred, and 8 per cent, on the common stock
was declared May 16, 1878.
Directors (elected, one third on the first Thursday of June, annually). — A. G. Dul-
man, Samuel M. Mills, M. L. Sykes, Jr., Harvey Kennedy, David Dows, R. P. Flower,
John Bloodgood, Jay Gould, Sidney Dillon, John M. Burke, New York ; Wm. L. Scott,
Erie, Pa. ; Albert Keep, Henry H. Porter, Wm. H. Ferry, Marvin Hughitt, Chicago ;
Jas. H. Howe, Kenosha, Wis. ; J. L. Ten Have Frzn, Amsterdam, Holland.
Executive Committee. — Albert Keep, M. L. Sykes, Jr., W. L. Scott, J. M. Burke,
A. G. Dulman, H. H. Porter, David Dows.
ALBERT KEEP, President Chicago.
M. L. Sykes, Jr., Vice-President, Sec. and Treas New York.
S. 0. Howe, Assistant Secretary and Treasurer " "
Svpt. Bridges— T). Kendall Chicago.
Purchasing Agent— R. W. Hamer
Gen. Freight Agent— R. C. Wicker
Gen. Passenger Agent— W. H. Stennett. . .
Gen. Ticket Agent— W. A. Thrall
Land Commissioner — Geo. P. Goodwin....
Master Car Builder — W. Campbell
Gen. Man. and Supt.— Marvin Hughitt — Chicago.
Asst. Gen. Supt.—C. C. Wheeler.
Chief Engineer — E. H. Johnson..
General Solicitor — B. C. Cook
Local Treasurer— M. M. Kirkman
Auditor— i. B. Redfield ,
Supt. Machinery— G. W. Tilton
General Eastern Agent— L. F. Booth New York City.
PRINCIPAL OFFICE AND ADDRESS Chicago, 111.
Financial and Transfer Office 52 Wall Street, New York.
EAILKOAD MANUAL OF THE UNITED STATES. 719
/
CHICAGO, IOWA AND NEBEASKA EAILKOAD.
This company was chartered about 1855, and the road opened in 1859. It extends
from Clinton to Cedar Rapids, Iowa, 82.40 miles, including the bridge, 1.1 mile long,
over the Mississippi River at Clinton. Soon after completion it was leased to the
Galena and Chicago Union Railway Co., and on consolidation of that company with
the Chicago and Northwestern Railway, the lease was continued in force. It pro-
vides that the C. and N. W. Ry. Co. shall operate the road, and pay 37| per cent, of
the gross earnings as rental.
Rolling Stock.— Furnished by lessees.
Operations for year ending May 31, 1877.— Included in those of C. and N. W.
Ry. Co. Gross earnings, $1,257,240. Rental received, $471,464.50.
Financial Statement.— Capital stock, $3,916,200; funded debt, $779.700. The
funded debt consists of $568,200 7 per cent. 2d mortgage bonds, now constituting a
first lien on the road by the payment of the 1st mortgage, dated July 1, 1860, and
payable, interest, January and July, and principal, July 1, 1880; and $211,500 7 per
cent. 3d mortgage bonds, now a second lien, dated August 15, 1863, and payable, in-
terest, August and February, and principal, August 15, 1892. Total stock and bonds,
$4,695,900.
A formal organization of this company is maintained.
HORACE WILLIAMS, President Clinton, Iowa.
CEDAE EAPIDS AND MISSOUEI EIYEE EAILEOAD.
This company was chartered about 1855, and the road completed in 1866. Prior
to completion it was leased to the Galena and Chicago Union R. R. Co., and the lease
continued, with some modifications, to the Chicago and Northwestern Ry. Co., on the
consolidation with it of the G. and C. U. R. R. The line extends from Cedar Rapids
to the Missouri River, opposite Omaha, 271.6 miles, with 10 miles of sidings. There
is also a branch from Clinton to Lyons, 2.6 miles, built under a separate organization.
Rolling1 Stock. — Furnished by lessees.
Operations for year ending December 31, 1876. — This road is leased at an annual
rental of $700 out of the first $1,500 gross earnings per mile per year, 33| per cent,
out of next $3,000 gross earnings per mile per year, and 20 per cent, of any excess
over $4,500 gross earnings per mile per year.
The rental for the year 1876 amounted to $621,553.41.
Financial Statement. — Capital stock, common (on whole line), $25,000 per mile,
$6,850,400 ; and preferred 7 per cent, (on 1st and 2d divisions, Cedar Rapids to Des
Moines River and the Lyons Branch. 128.37 miles), $6,000 per mile, $769,600— total
stock, $7,620,000; and funded debt, $3,614,000 — total stock and bonds (representing
cost of road, etc.), $11,234,000, or about $41,000 per mile.
The funded debt consists of 1st mortgage bonds, bearing 7 per cent, interest, and
payable, $700,000, August 1, 1891 ; $582,000, August 1, 1894, and $2,332,000, May 1,
1916.
720 KAILROAD MANUAL OF THE UNITED STATES.
This company lias also a land grant under acts of Congress of May 15, 1856, and
June 2, 1864. Total acres certified, 1,130,741. A formal organization of the company
is maintained.
HOKACE WILLIAMS, President Clinton, Iowa.
Fiscal Office 57 Sears' Building, Boston.
STANWOOD AND TIPTON BAILKOAD.
This company was organized and the road opened in 1872. It extends from Stan-
wood to Tipton, Iowa, 8.5 miles, and forms a branch of the Chicago, Iowa and Ne-
braska R. R., with which its operations are included, and like which it is leased to
the Chicago and Northwestern Ry. Co.
Rolling Stock. — Furnished by lessees.
Operations for year ending December 31, 1876. — Included in lessees' returns.
Gross earnings for year, $15,594.80.
Only a formal organization is maintained.
Officers. — Same as Chicago and Northwestern R. R. Co.
TOLEDO AND NOKTHWESTEEN EAILKOAD.
This company was organized and road opened in 1870. It forms a branch of the
Cedar Rapids and Missouri River R. R. Co., and all its operations are included in
those of that company'. Merely a formal organization is maintained.
Boiling Stock. — Furnished by Chicago and Northwestern R. R. Co.
Operations. — Included in lessees' returns. Gross earnings for year 1876, $7,042.05.
Officers. — Same as. Cedar Rapids and Missouri River R. R. Co.
CHICAGO AND PACIFIC KAILEOAD. (In Progress.)
Line of Road. — Chicago,!!!!., to Mississippi River 140.0 miles.
In operation : Chicago, 111., to Byron, 111 88.3 "
Sidings, etc., 7.3 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
This company was chartered February 16, 1865, under the name of the Atlantic
and Pacific R. R. Co., and organized under its present title April 30, 1872. It was
opened to its present terminus in 1874.
Rolling* Stock. — Locomotive engines, 7. Cars — passenger, 4 ; baggage, 2 ; freight
(box, 83 ; platform, 34), 117— total cars, 128. Also, 17 hand cars.
Operations for year ending June 30, 1877.— Trains run— passenger, 116,578 ;
freight, 69,830— total, 186,408 miles. Passengers carried, 90,876; carried one mile,
2,726,280. Freight moved, 55,513 ; moved one mile, 3,330,780 tons.
RAILROAD MANUAL OF THE UNITED STATES.
721
Earnings.
From Passengers $40,749 60
" Freight, etc 138,14012
Expenditures.
Operating Expenses $135,592 19
NetEarnings 43,29753
$178,889 72 $178,889 72
Payments from net earnings, taxes, $4,547.12. Disposition of remainder not
reported.
Financial Statement, July 1, 1876. — Capital stock authorized, $2,000,000 ; paid
in, $345,500. Cost of construction to date, $1,000,000 ; for equipment, $71,850— total,
$1,071,850. The company report no bonds sold. Proceedings for foreclosure have
been taken, and the road placed in the hands of a Receiver. The foreclosure pro-
ceedings are based on the nonpayment of interest due on bonds held as collateral
security to the amount of some $1,357,000.
J. M. WHITMAN, Receiver and Superintendent Chicago, 111.
Treasufer—3. G. Ogden Chicago. 111. | Gen. Fgt. & Tkt. Agt.—G. H. Daniels.Chicago, HI.
PRINCIPAL OFFICE AND ADDRESS Chicago, 111.
CHICAGO AND PADUCAH KAILEOAD.
Line of Road. — Streator, 111., to Altamont, 111 156.0 miles.
Branch : Shumway to Effingham 8.5 "
Sidings, etc., 10 miles. Gauge, 4 feet 8i inches. Rail, 50 Ibs.
This company was organized March 22, 1872, by the consolidation of the Fairbury,
Pontiac and Northwestern R. R. Co. , chartered March 7, 1867, and the Bloomington
and Ohio River R. R. Co., chartered March 10, 1869. The road was opened July 10,
1874. It connects at Streator with the C., B. and Q., and at Altamont with the Ohio
and Mississippi R. Rs.
Rolling Stock. — Locomotive engines, 6. Cars — passenger, 4 ; baggage, mail and
express, 4 ; freight (box, 100 ; coal and platform, 76), 176 — total revenue cars, 186.
Also, 4 service cars.
Operations for year ending June 30, 1877. — Freight moved, 134,058 tons.
Earnings.
From Passengers $49,400 39
" Freight, etc 221,969 69
Expenditures.
Operating Expenses ,. $187,381 89
Net Earnings 95,988 19
$271,370 08 $271,370 08
Payments from net earnings — taxes, $4,279.62.
The road was placed in the hands of a Receiver, May 27, 1877.
E. ELLERY, Receiver Chicago, 111.
Treasurer, A. E. Tyler Streator, 111.
Secretary, F. Plumb " "
Auditor— D. B. Little... " "
Supt.—D. H. Conklin Streator, 111.
Gen. Freight Agt— P. B. Shumway... «' "
Gen. Ticket Agt.—B. T. Lewis " «
PRINCIPAL OFFICE AND ADDRESS 94 Dearborn Street, Chicago, 111.
46
722 BAILEOAD MANUAL OF THE UNITED STATES.
CHICAGO, PEKIN AND SOUTHWESTERN RAILROAD.
Line of Road. — Pekin, 111., to Mazin Bridge, 111 94.1 miles.
Sidings, etc., 9.39 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
This company was chartered February 24, 1859, as the Chicago and Plainfield E.
R. Co., and the road was opened to its present terminus February 1, 1876.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 2 ; baggage, 2 ; freight,
29. Also, 4 service cars.
Operations for year ending June 30, 1877. — Not reported. Earnings from pas-
sengers, $25,381 ; from freight, etc., $169,322— total, $194,703. Operating expenses,
$132,182.27.
Balance — net earnings, $62.520.73. Payments — taxes, $4,279.62; interest on
bonds, $80,000. Payments over net earnings, $4,758.89.
Financial Statement, July 1, 1877.— Capital stock paid in — common. $788,200 ;
preferred, $38,000, bearing 7 per cent, interest— total, $822,500. Funded debt, 1st
mortgage 7 per cent, bonds, due 1891, $1,000,000. Floating debt, $270,000— total
stock, bonds and debt, $2,096,200. Cost of road and equipment, $1,939,236.08.
In May, 1877, the road was placed in the hands of a Receiver.
F. E. HINCKLEY, President and Receiver Chicago, 111.
Gen. Superintendent-D. H. Conklin..Streator, Til. I Gen. Freight Agent— P. B. Shumway, Chicago, 111.
Auditor— A. M. Hinckley. Chicago, " | Gen. Ticket Agt.—B. T. Lewis
PRINCIPAL OFFICE AND ADDRESS Chicago, 111.
Fiscal Agency Farmers' Loan and Trust Co., New York City.
CHICAGO, ROCK ISLAND AND PACIFIC RAILROAD.
Line of Road.— Chicago, 111., to Council Bluffs, la 500.25 miles.
Branches, named below 187.00 "
Lines leased and operated , 317.75 "
Total length of all lines owned, leased and operated by company. .1,003.00 miles.
Second track, 65.32 ; and sidings, 163.66 miles. Gauge, 4 feet 8i inches. Rail, 56 and
60 Ibs. Steel rails, 355 miles.
The Rock Island and LaSalle R. R. Co. was chartered February 27, 1847, and the
name changed to Chicago and Rock Island R. R. Co. February 7, 1851, and the road
opened to Rock Island, 181.5 miles, July 10, 1854. In 1852 the Mississippi and Mis-
souri R. R. Co. was chartered in Iowa, and in 1853, the R. R. Bridge Co. was incor-
porated with power to build a bridge over the Illinois portion of the Mississippi River.
In 1854 an agreement was made between the three companies to complete the bridge.
The M. and M. R. R. was sold under foreclosure, and the Co. reorganized, and August
20, 1866, consolidated with the C. and R. I, R. R. Co. under the present title. The
line was opened to Council Bluffs June 8, 1869. In 1868, a new bridge was built by
the United States, and the right of way over it was granted to this company.
KAILROAD MANUAL OF THE UNITED STATES.
723
The Oskaloosa Branch, from Wilton to Knoxville, 128 miles, was completed in
1876. The Indianola Branch, from Des Moines to Indianola, 22 miles, was built under
the charter of the Des Moines, Indianola and Missouri R. R. Co. in 1871, the bonds
of that company having been purchased by the C., R. I. and P. R. R. Co. The Win-
terset Branch, from Summerset to Winterset, 26.24 miles, was built under the charter
of the Des Moines, Winterset and Southwestern Ry. Co. in 1872, and the bonds
purchased by this company. Proceedings in foreclosure are pending in the case of
each of these Cos. The South Chicago Branch was built in 1874-75 under the charter
of the Calumet and Chicago Canal and Dock Co. and subsequently transferred to this
Co. It is 9 miles long and connects the Eastern lines with the C., R. I., and P. R. R.
The Peoria and Bureau Valley R. R. Co. was completed from Bureau Junction
to Peoria, 46.75 miles, in 1854, and leased to this Co. in perpetuity for $125,000 per
annum. The Chicago and Southwestern Ry. Co. was organized in Iowa to build a
road from Washington, on the Oskaloosa Branch, to the Missouri River opposite
Leavenworth, and construction was commenced in 1869, and the road completed, 269
miles, in 1871. In October, 1869, a contract was made with the C., R. I. and P. R.
R. Co., by which that Co. guaranteed $5,000,000 1st mortgage bonds of the C. and S.
W. Ry. Co. and agreed to operate it, with the proviso that a foreclosure of the mort-
gage could: be demanded in case the C., R. I. and P. R. R.Co. were called upon to pay
either interest or principal of the bonds. The foreclosure was decreed in August,
1875, and in August, 1876, a company was organized under the name of Iowa Southern
and Missouri Northern R. R. Co., which subsequently purchased, at foreclosure sale,
the C. and S. W. Ry. and the Des M., I. and M. R. R., and has arranged for the pur-
chase of the Des M., W. and S. W. Ry. The capital stock of the I., S. and M. N. R.
R. Co. amounts to $3,200,000, all but a few shares of which is owned by the C., R. I.
and P. R. R. Co. The C. and S. W. Ry. makes use of the bridge at Leavenworth,
and has built a branch, 2 miles long, into the city of Leavenworth.
Rolling Stock (Jfpril 1, 1877). — Locomotive engines, 229. Cars — passenger (sleep,
ing, 12 ; day, 75), 87 ; baggage, mail and express, 34 ; caboose and drover, 90 ; freight
(box, 2,514; stock, 672; flat, 979), 4,175— total revenue cars, 4,376. Also, 511 service
cars.
Statement of road and rolling stock on April 1 for seven years :
April 1.
Main
Track.
Sidings,
etc.
Total
Owned.
Loco-
motives.
Passenger
Cars.
Baggage,
etc., Cars.
Freight
Cars.
Total
Cars.
1871..
1872
544
565
129
135
673
700
145
182
63
66
26
27
2,965
3 658
3,054
3 751
1873
922
156
1 078
197
73
28
3 999
3 940
1874
1»28
183
1 111
215
78
23
4 086
4 187
1875
928
191
1 120
217
81
30
4 094
4205
1876
952
224
1,176
229
87
30
4 171
4363
1877
956
224
1 180
229
87
34
4 175
4 376
To above length of road should be added the Peoria and Bureau Valley, 46.75 miles.
Operations for year ending March 31, 1877. — Trains run — passenger, 984,406 ;
freight, 3,406,079; other, 406,435—4,796,920 miles. Passengers carried (through,
43,900 ; way, 1,411,467— total, 1,455,367. 1st class, 1,436,995 ; 2d class, 6,377 ; emigrant,
11,955; east, 715,042 ; west, 740, 324 ; carried one mile, 60,634,485 ; average travel per
724
RAILROAD MANUAL OF THE UNITED STATES.
passenger, 41.6 miles ; average fare, 2.923 cents per mile. Freight moved, 1,651,408
tons ; moved one mile, 291,063,426 tons ; average earnings per ton per mile, 1.71 cents.
Earnings.
From Passengers $1,772,513 46
" Freight 4,708,14622
" Mail and Express 235,48410
" Rents, Interest, etc 159,585 33
Miscellaneous 41,927 51
Expenditures.
For Maintenance of Way ............. $1,007,484 04
" Rolling Stock ................. 509,77315
" Fuel ............................ 378,632 24
" Transportation, etc .............. 1,330,555 29
Miscellaneous
69,71076
$6,917,656 62 $3,296,155 48
Balance— net earnings (52.35 per cent,), $3,621,501.14 ; add taxes, $209,747.41 ;
legal expenses, $27,291.19 — leaves available net earnings, $3,384,462.54. Disposition
of net earnings is shown in the income account.
Receipts.
(Income Account.)
Disbursements.
Balance on Hand April 1, 1876 $7,756,051 48
Interest on Loans 15,405 86
Operations of R. R.... 6,917,656 62
Dividends (10 per cent.) $2,087,980 00
Operating Expenses (incrgtaxes,etc.). 3,533,194 08
Interest on Bonds 690,000 00
Rent, P. and B. V. R. R 125,00000
Sinking Fund 40,000 00
Balance, Surplus 8,187,534 02
$14,673,708 10 $14,673,708 10
The payment of dividends was changed from semi-annual to quarterly in Feb-
ruary, 1877, making a 10 per cent, dividend during that year.
Abstract of operations, income, payments, etc., for seven years :
I.— TRAIN, PASSENGER AND TONNAGE OPERATIONS.
Fiscal
Year.
Miles.
R. R.
Train
Miles.
Passen-
gers.
Tons
Freight.
Bridge Traffic.
Hands
Em-
ployed.
Earnings per M.
Loads.
Tons.
Per Pas-
senger.
Per
Ton.
1870-71..
1871-72.. .
1872-73 . .
1873-74.. .
1874-75.. .
1875-76 . .
1876-77.. .
590
612
674
674
675
699
732
3,610,117
3,873,556
4,340,995
4,686,006
4.863,860
4,982,451
4,796,920
708,815
708,443
956,735
1,088,906
1,245,240
1,406,433
1,455,366
914,345
1,014,348
1,286,966
1,399,384
1,717,727
1,640,000
1,651,408
51,433
64,707
76,270
82,504
90,847
88,820
93,477
380,098
441,013
596,050
657,558
702,383
669,038
729,594
4,354
3,876
4,053
4,104
3,839
4.307
4,251
.03.84
.03.62
.03.60
.03.39
.03.06
.02.97
.02.92
.02.64
.02.49
.02.29
.02.70
.01.92
.01.91
.01.71
II. — FREIGHT CLASSIFIED — TONS.
t*
05
+j
•
<»
,
£D ^
<D
03
*^»
M
£
o
B
r* 'T^
X
s
9
ft
5
g
0
O
•
"S
0
i
PQ
|
S
0
a
1
O
o
i— i
o
02
1
o
51
1870-71
118,205
102,704
120,017
20,786
20.124
30,016
141,456
64,519
41,523
31,486
33,456 190,053
1871-72
114,800
71,069
201,190
41,607
28;450
28,194
107,859
63,440
31,727
39.250
55,491
231,271
1872-73
219,730
94,942
212,265
51,570
39,766
26,140
119,858
83.151
33,430
34,708
66,4751 304,931
1873-74
146,690
136,734
141,384
61,503
18,002
19,647
155,025
781,886
61,022
25,758
82,5081 368,925
1874-75
150,470
176,290
231,102
55,973
22,156
22,419
192,393
237,738
54,111
41.426
92,119 441,530
1875-76
187,714
126,966
202,486
46,733
11,790
24,400
240,250
223,607
61,910
46,018
98,067
370,059
1876-77
205,000
93,543
224,377
33,774
29,147
26,037
211,841
316,981
26,887
31,031
150,260
332,530
RAILROAD MANUAL OF THE UNITED STATES.
III.— EARNINGS, EXPENSES, ETC.
725
Passen-
ger
Earnings.
Freight
Earnings.
Total
Earnings.
Operating
Expenses.
Taxes,
etc.
Net
Earnings.
Interest.
Divi-
dends.
p. C.
1870-71
$1,713,123
1,394,140
1,521,790
1,669,571
1,677,461
1,763,901
1,772,573
$4,023,272
4,213,372
4,597.982
5,003,001
5,292,412
5,121,557
4,708,146
$6,028,287
5,900,797
6,419,231
7,048,203
7,388,635
7,342,190
6,917,657
$3,218,610
2,838,207
3,253,345
3.698,667
3,534.958
3,408,902
3,296,155
$186,849
112,056
264,439
178,222
326,371
246,260
237,039
$2,622,828
3,171,535
2,901,448
3,171,314
3,532,305
3,687,029
3,369,057
$617,752
609,175
621,670
629,125
630,000
660,000
690,000
$1,229,466
1,439,708
1,519,944
1,659,172
1,678,384
1,678,384
2,097,980
7%
8
8
8
8
8
10
1871-72 . .
1873-73
1873-74
1874-75
1875-76
1870-77 ....
The expenditures on construction account during the year were $648,817.54, of
which $528,060.43 were for the extension of the Oskaloosa Branch, and the remainder,
), 757.11, for side tracks, fencing, etc., on the main line.
Abstract of net income account for seven years :
1870-71.
1871-72.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
Balance on Hand
Premiums, etc., on Loan
$
2,068,768
$
2,719,378
$
3,717,030
237,819
$
4,589.683
85,371
$
5,433,071
10,979
$
6,542,971
24,712
$
7,756,051
15,406
Net Earnings
2,622,828
3,171,535
2,901,448
3,171,314
3,552,305
3,687,029
3,369,057
Dividends
4,691,596
1,229.466
5,890,913
1,439,708
6,856,297
1,519,944
7,846,368
1,659,172
8,976,355
1,678,384
10,254,712
1,678,384
11,140,514
2,097,980
Lease P. and B. V. R. R
Sinkinf Fund
125,000
125,000
125,000
125,000
125,000
125,000
125,000
40,000
Interest on Bonds
617,752
609,175
621,670
629,125
630,000
660,000
690,000
Income Tax ...
35,277
Balance Surplus
2,719,378
3,717,030
4,589,683
5,433,071
6,542,971
7,756,051
8,187,534
4,691,596
5,890,913
6,856,267
7,846,368
8,976,355
10,254,712
11,140,514
The surplus, at close of year ending March 31, 1877, amounting to $8,187,584,
had been disposed of as follows : absorbed in construction : — main line, $2,444.350;
Indianola Branch, $179,366; Wiuterest Branch, $241,932; Fort Leavenworth R. R.,
$123,142. Advances C. and S. W. Ry., $1,969,712; interest do., $1,716,544; Pacific
Hotel, $514,372; connecting R. Rs., etc., $283,165; cash, materials, balances due, etc.,
$714,951. Of the advances, etc., $4,606,935 are reported as having an uncertain value ;
the balance, amounting to $1,136,248, in addition to sum absorbed in construction, is
considered as good.
General Balance, April 1, 1877.
Construction and Equipment $32,680,292 28
Branches 544,439 69
Rock Island Bridge 744,058 16
Stocks and Bonds . 797,536 49
Advances C. & S. W. Railway 3,686.256 37
Company's Stock 4,020,000 00
Materials, dues, etc 180,139 83
Cash and Cash Items 541,613 02
Capital Stock $24,999,800 00
Convertible Scrip.
200 00
Mortgage Bonds 9,000 000 00
Income Bonds 1,000,000 00
Miscellaneous
Suspended Account.
...... 3,712 94
3,088 88
Income Account 8,187,534 02
'$43,194,33584 $43,194,33584
Included in construction above are the Oskaloosa and South Chicago Branches, the
cost of which is not separately reported.
726 EAILROAD MANUAL OF THE UNITED STATES.
Abstract of general balances for seven years (March 31) :
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Capital Stock
$
16,988,400
11,600
8,600,000
13,000
643
163,978
2,719,378
$
18,999,200
800
8,698,000
$
24,999,500
500
8,970,000
$
24,999,700
300
9,000,000
$
24,999,800
200
9,000,000
$
24,999,800
200
9.000,000
1,000,000
100
6,537
7,756,052
$
24,999,800
200
9,000,000
1,000,000
100
6,702
8,187,534
Convertible Scrip
Mort°racre Bonds
Income Bonds
Convertible Agreements
Miscellaneous Accounts
140
74,672
3,717,030
140
156,212
4,589,683
140
40,573
5,433,071
100
40,728
6,542,971
Balance, Surplus1
Construction and Equip' ts. . .
B ranches ....
28,496,999
26,703,243
31,489,843
28,761,316
38,716,035
28,721,724
1,070,515
25,500
39,473,785
30,032,762
1,139,505
25,500
40,583,799
30,531,332
1,155,382
25,500
42,762,689
31,148,351
1,784,485
25,500
43,124,339
32,680,292
544,440
Securities in Hand
52,167
Rock Island Bridge
744,058
Bridge Bonds, etc
387,137
387,137
387,137
387,137
404,414
404,414
Sundry Bonds
283,165
Dues from R. Rs
195,727
243,200
1,658,552
4,500,000
97,539
2,011,868
514.372
2,008,552
4,020,000
104,626
1,241,331
Pacific Hotel
F514,372
2,357,552
4,020,000
125,737
1,448,510
514,372
3,286,148
4,020,000
45,67(1
1,533,848
514,372
3,686,256
4,020,000
180,140
541,613
Advances C. and S.'W. Ry .
Company's Own Stock
Sundry Accounts
Cash and Cash Items
1,354,452
2,145,662
28,496,999
31,489,842
38,716,035
39,473,785
40,583,799
42,762,655)
43,124,339
The report for year ending March 31, 1877, gives details of expenditures for eight
years as follows: Land and land damages, $750,380.28; equipment, $2,977,977.24;
grading, masonry, and superstructure, $1,859,114.38; second and side tracks, $962,-
383.75 ; stations, shops, etc., $897,704.56 ; steel rails over iron, $491,499.21 ; Branch
R. Rs. (137 miles), $2,275,631 ; advances to C. and S. W. By., including interest, $3,-
686,255 ; miscellaneous items, including new bridge, $626,358.29— total, $14,804,832.68,
which was supplied by capital stock, $6,980,000; bonds, $1,197,936.88; income
account, $6,630,290.
Statement of funded debt at close of fiscal year 1876-77 :
Character of Bonds.
Date of
Issue.
Interest.
Principal
Matures.
Amount
Authorized.
Amount
Out-
standing.
p. c.
Payable.
1st Mortg. Sinking Fund. . .
Income
Sept. 1, 1866.
Aug. 1, 1875.
7
6
Jan. and July.
Feb. and Aug.
Sept. 1, 1896.
Aug. 1, 1895.
$13,500,000
1,000,000
$9,000,000
1,000,000
The sinking fund bonds to the amount of $9,000,000, were issued for the pur-
poses of funding the bonds of the C., R. I. and P. R. R. of Iowa $5, 500,000 ; for pay-
ing off bonds of the C. and R. I. R. R. Co., $1,400,000 ; for paying off bonds of the
Mississippi Bridge Co., $600,000; for completion of railroad in Iowa, $1,500,000.
The commissioners of the sinking fund report that during the year they received
$217,116.11, of which $160,000 was from the land commissioner, and the remainder
from interest on bonds and loans. This added to cash on hand, $28,410.11, made
$245,526.22, of which $231,363.71 was used in purchase of $220,000 bonds, and the
remainder, $14,162.51, deposited in bank. The securities in addition to cash held by
RAILROAD MANUAL OF THE UNITED STATES.
727
them April 1, 1877, were $916,000 bonds of C., R. I. and P. R. R. Co., and $24,000
bonds of Peoria, Pekin and Jacksonville R. R. Cos.
V
Abstract of sinking fund for six years (April 1) :
1872.
1873.
1874.
1875.
1876.
1877.
Bonds. C., R. I. and P. R. R. Co. . ,
$197,000
$233,000
$303,000
$434,000
$696,000
$916,000
" P. P. and I. R. R. Co
24,000
24,000
34,000
24,000
24,000
24,000
Cash, on Hand and Loaned
430
870
31,467
44,216
28,410
14,163
The receipts for sinking fund were from the following sources : 1874, lands,
000, interest $20,710 ; 1875, lands, $120,000, interest $29,831; 1876, lands, $220,000,
interest $40,056 ; 1877, lands, $160,000, interest $57,116.
Land Department. — This company was the recipient of a land grant in Iowa,
under acts of Congress of May 15, 1856, and June 2, 1864. The total amount certified
to the company consisted of 643,627.17 acres, of which 333,261.72 acres remained in
possession of the company, November 1, 1876. The sales for year ending March 31,
1887, were 21,532.16 acres, at an average price of $8.28 per acre, or $178,595.27 in all.
The interest received on time contracts was $62,773.07; bills receivable, $823,950.32.
The sum of $640,000 has been contributed to the sinking fund.
Abstract of land operations for seven years :
•
1870-71.
1871-72.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
Acres Sold
28,022
13,964
15,592
24,538
35,787
67,380
21,532
Amount of Sales
$213,575
$107,693
$126,778
$200,152
$287,032
$532,961
$178,596
Payments to Sinking Fund . .
40,000
20,000
80,000
120,000
220,000
160,000
Acres Remaining
484,639
464.400
431,489
360,319
333,262
Average Price per acre
7.63
8.65
8.40
8 25
8 25
7.91
8.28
Taxes Paid
62,350
50527
51,813
54,233
52,574
Since the close of the fiscal year ending March 31, 1877, the entire issue of 7 per
cent, bonds has been drawn for redemption January 1, 1878, at which time the funded
debt amounted to $9,998,000.
Statement of funded debt in detail, January 1, 1878 :
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Prinaipal,
When Due.
Amount
Authorized.
Amount
Outstanding.
1st Mortgage
May 1, 1877.
6
Jan. and July.
1917.
$10,000,000
$9,074,000
Income Sinking Fund. .
Aug. 2, 1875.
6
Feb. and Aug.
1895.
1,000,000
924,000
For the year ending March 31, 1878, the gross earnings were $7,890,613.26 ;
operating expenses, $4,385,766.91 ; net earnings, $3,504,846.35. Payments — interest
on funded debt, rental, sinking fund, etc., $1,167,325. Dividends for year (8 per cent),
$1,678,384— total payments, $2,845,709. Surplus for year, $659,137.35.
Directors (elected 1st Monday of June, 1877).— David Dows, Francis H. Tows,
A. G. Dulman, Chas. R. Marvin, Sidney Dillon, Jay Gould, R. P. Flower, Benj.
728
RAILROAD MANUAL OF THE UNITED STATES.
Brewster, New York City ; F. L. Ames, North Easton, Mass. ; Wm. L. Scott, Erie, Pa. ;
Hugh Riddle and Henry H. Porter, Chicago, 111. ; and R. R. Cable, Rock Island, 111.
HUGH RIDDLE, President Chicago, 111.
David Dows, Vice-President New York City.
Sec. and Treas.— Francis H. Tows.New York City.
Gen. Supt.—A. Kimball Davenport, la.
Local Treasurer— W. G. Purdy — New York City.
Stock ^Register— Corn Exchange B'k,
l T. B. Sargent Chicago, 111.
Div. Supts. •< H. F. Royce Des Moines, la.
( G. F. Walker , Trenton, Mo.
Auditor— C. F. Jillson Chicago, 111.
Solicitor— Thomas F. Withrow...
Master of Machinery— F. B. Twombly,Chicago, 111,
Master Var Builder — B. V. Verbruyck. " "
Gen. Agent— John T. Sanf ord New York City.
Gen. Pass. Agent — A. M. Smith Chicago, 111.
Gen. Ticket Agent— Everitt St. John..
General Freight Agent— L. Viele
Asst. Stipt. Purch.Agt. — Allen Manvel " "
Cashier— W. G. Purdy " "
. Chicago, 111.
PRINCIPAL OFFICE AND ADDRESS Chicago, 111.
Transfer Office Corn Exchange Bank, New York City.
PEOEIA AND BUKEAU VALLEY EAILEOAD.
Line of Road. — Peoria, 111., to Bureau, 111 46.75 miles.
{•Sidings, etc., 7.44 miles. Gauge, 4 feet 8i inches.
Leased in perpetuity to the Chicago, Rock Island and Pacific Railroad Company,
at an annual rental of $125,000, from April 14, 1854.
Operations. — Included in those of C., R. I. and P. R. R.
Financial Statement, June 30,1877. — Capital stock authorized, $1,550,000 ; paid
in, $1,266,300. Funded debt, 1st mortgage 8 per cent, bonds, interest payable Feb-
ruary and August ; principal. August 1, 1893, $300,000. Total stock and bonds,
$1,566,300, being cost of road and equipment.
PRINCIPAL OFFICE AND ADDKF.SS. . .(C., R. I. and P. R. R. Co.) Chicago, 111.
CINCINNATI, LAFAYETTE AND CHICAGO EAILEOAD.
Line of Road. — Kankakee, 111., to Templeton, Ind 56 miles.
Sidings and other tracks, 9 miles. Gauge, 4 feet 8f inches. Rail, 56 Ibs.
Consolidation, May 29, 1871, of Kankakee and Indiana R. R. (chartered April 19,
1869) and C., L. and C. R. R. Organized May 30, 1870. Opened August 25, 1872.
The company use the Lafayette, Muncie and Bloomington R. R., between Tem-
pleton and Lafayette, 19 miles, making 75 miles of road operated.
Boiling* Stock. — Locomotive engines, 10. Cars — passenger, 2 ; freight (box, 411 ;
stock and coal, 131), 542 — total revenue cars, 544. Also, 3 service cars.
Operations for year ending June 30, 1877.— Trains run— passenger, 127,015 ;
freight, etc., 112,369— total, 239,384 miles. Passengers carried, 87,470.
Earnings.
From Passengers $101,681 59
" Freight 174,10709
" Mail, Express, etc 52,38392
$328,172 60
Expenditures.
For Operating Expenses $203,754 46
" Taxes 8,25848
NetEarnings 116,15966
$328,172 60
BAILKOAD MANUAL OF THE UNITED STATES.
729
Payments : interest on funded debt, $143,860. Balance deficit, $26,700.34.
Description of bonds issued and outstanding :
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal,
When
Due.
Amount
Authorized.
Amount
Issued.
Amount
Outstand-
ing.
1st. Mortgage
Mar. 1, 1871.
7 p. c. e.
Mar. and Oct.
1901.
$1,120,000
$1,120,000
$1,120,000
Consolidated Mort.
June 1, 1874.
7 p. c. c.
June and Dec.
1914
1,120,000
778,000
778,000
General Balance, July 1, 1877.
Construction and Equipment $3,759,081 78
Cash, Bills Receivable, etc.
68,118 22
Capital Stock $1,929,200 00
Funded Debt 1,898,000 00
$3,827,200 00
$3,827,200 00
This company pay for the use of the L., M. and B. R. It. $5,000 per year and one
half the cost of maintenance.
Directors (elected November 7, 1877). — Adams Earl, Moses Fowler, La Fayette,
Ind. ; M. E. Ingalls, Cincinnati, O. ; G. Ricker, Washington, D. C. ; Orlando Bush,
L. P. Brown and Wm. B. Flager, Sheldon, III. ; D. W. Ayres, Watseka, 111. ; T. P.
Bonfield, Kankakee, 111. ; C. M. Culbertson, Chicago, 111.
ADAMS EARL, President La Fayette, Ind.
G. Ricker, Vice- President Washington, D. C.
Treasurer— Moses Fowler La Fayette, Ind.
Secretary— John. M. Kerper "
Supt. & Purch. Agt.—J. H. Stewart
General Ticket Agent— B. Lyman
Auditor— R. Lyman La Fayette, Ind.
Road Master— P. J. Kelley Kankakee, 111.
Master Mech.—S. B. Morgan .La Fayette, Ind.
La Fayette, Ind.
PRINCIPAL OFFICE AND ADDRESS La Fayette, Ind.
DECATUR, MATTOON AND SOUTHERN RAILROAD.
Line of Road.— Mattoon, 111., to Hervey City, 111 32 miles.
Sidings, 0.5 mile. Gauge, 4 feet 8-£ inches. Rail, 50 Ibs.
This company was organized in 1871, under the name of Decatur, Sullivan and
Mattoon R. R. Co. Steps were taken in 1873 for consolidation with the Chicago and
Illinois Southern R. R. under the latter title ; but before negotiations were completed
the road was placed in the hands of a Receiver. It was reorganized under present
title in 1877.
Rolling Stock. — Locomotive engines, 1. Cars, none.
Operations for year ending June 30, 1877.— Trains run, 19,800 miles. Passengers
carried, 16,468. Freight carried, 21,864 tons. Earnings for year-^from passengers,
$6,453.48; from freight, etc., $24,691.02— total, $31,144.45. Operating expenses,
$18,584.55. Balance — net earnings, $12509.90; payments — extraordinary expenses,
taxes, etc., $14,419.21.
730 RAILROAD MANUAL OF THE UNITED STATES.
The road was placed in the hands of a Receiver January 15, 1874. No report of
cost or financial condition of the road has ever been made.
E. B. McCLURE, Receiver and Manager Mattoon, 111.
PRINCIPAL OFFICE AND ADDRESS Mattoon, 111.
EAST ST. LOUIS AND CAEONDELET EAILWAY.
Line of Road. — East St. Louis, 111., to Falling Spring Quarries, 111 9.25 miles.
East Carondelet Branch, 2.25 miles. -Gauge, 4 feet 9 inches. Rail, 40 and 50 Ibs.
This road is used principally as a connecting road between all the lines terminat-
ing at East St. Louis. It was chartered in 1857.
Rolling" Stock. — Locomotive engines, 3. Cars, 27.
Operations for year ending June 30, 1877. — Not reported. Gross earnings,
$71,096.91; operating expenses, $44,968.95; net earnings, $26,127.96. Payments-
interest on bonds, $14,000; taxes, $1,868.01. Balance— surplus, $10,259.13.
Financial Statement, July 1, 1877.— Capital stock, $300,00*0 ; funded debt (1st
mortgage 7 per cent, bonds), $200,000 : floating debt, $30,000— total, $530,000, repre-
senting cost of road and equipment.
J. W. CONLOGUE, President and General Manager. . .St. Louis, Mo.
Secretary— J '. B. Bowman East St. Louis, 111. | Treasurer— W. C. Hewitt East St. Louis, 111.
Superintendent— J . W. Jones East St. Louis, 111.
PRINCIPAL OFFICE AND ADDRESS ' East St. Louis, 111.
OILMAN, CLINTON AND SPEINGFIELD EAILEOAD.
Line of Road.— Springfield, 111., to Gilinan, 111 111.5 miles.
Sidings and other tracks, 8.5 miles. Gauge, 4 feet 8| inches. Rail, 50 Ibs.
Chartered March 4, 1867. Opened September, 1871. The road was sold under
foreclosure in 1876, and a reorganization made in 1877, under the name of Chicago
and Springfield R. R. Co., and the road leased to the Illinois Central R. R. Co. The
report here given is prior to reorganization.
Rolling- Stock. — Locomotive engines, 10. Cars — passenger, 5 ; baggage, mail and
express, 2 ; freight (box, 155 ; stock, 69 ; and coal, 84), 308— total, 315.
Operations for year ending June 30, 1877.— Trains run— passenger, 149,186;
freight, etc., 167,063— total, 316,249 miles. Passengers carried, 64,706. Freight
moved, 123,896 tons. Gross earnings, $304,424.47; operating expenses, $246,564.93.
Balance — net earnings, $57,859.54. Disposition of net earnings, not reported.
The earnings for 1874 were $264,667.25; expenses, $167,186.56; net earnings,
$97,480.69 ; for 1875, gross earnings, $256,590.25; net earnings, $77,691.92; for 1876,
gross earnings, $282,077.07; net earnings, $32,125.22.
EAILBOAD MANUAL OP THE UNITED STATES. 731
An issue of $1,600,000 bonds, secured by mortgage on the road, lias been made
by the Illinois Central R. R. Co., by which the road is operated as the Springfield
Division.
T. J. Hudson, Superintendent ; Springfield, 111.
PRINCIPAL OFFICE AND ADDRESS Springfield, 111.
GKAOT3 TOWER AND CARBOND ALE RAILROAD.
Line of Road. — Grand Tower, 111. , to Carbondale, 111 25 miles.
Sidings, etc., 6 miles. Gauge, 4 feet 8£ inches. Rail, 45 Ibs.
This road is owned by the Grand Tower Mining, Manufacturing and Transporta-
tion Company, and was opened in 1868. It is used chiefly for the transportation of
coal and iron to and from the mines and furnaces on the line. The property of the
company (including this road) is now in the hands of the trustee for the bond-
holders, and is operated by him.
Rolling Stock. — Locomotive engines, 6. Cars — passenger, 3 ; freight, box, 8 ;
dump coal, 260 — total revenue cars, 271. Also, 7 hand cars.
Operations for year ending June 30, 1877. — Trains run, 40,200 miles. Freight
moved (including coal, 71,927), 75,763 tons.
Gross earnings, $53,007.95, of which $39,778.75 was from freight. Operating
expenses, $60,733.99.
Financial Statement, June 30, 1876. — Capital stock paid in, $1,000,000, repre-
senting cost of road and equipment.
E. A. HITCHCOCK, President St. Louis, Mo.
Josiah 0. Low, Trustee New York City.
Supt.—T. M. Williamson Grand Tower, 111. | Secretary— John Child New York.
PRINCIPAL OFFICE AND ADDRESS Grand Tower, 111.
GRAYYILLE AKD MATTOON RAILROAD.
Line of Road.— Gray ville, 111., to Mattoon, 111 93.00 miles.
In operation : Olney, 111., to Prairie City, 111. 55.25 "
The road is also graded from Olney to Parkersburg, 10 miles. It was opened in
1877.
No report of operations is furnished.
Financial Statement, June 30, 1877. — Capital stock subscribed, $1,885,000 ; paid
in, $350,000. Funded debt and cost of road, not stated.
J. D. HERKIMER, Receiver Olney, 111.
Secy, and Treas.— John Woolf.l Olney, 111. | Chief Eng. & Ft. Agt.—R. I. Lawrence, Olney, 111.
PRINCIPAL OFFICE AND ADDRESS Olney, 111.
732 RAILROAD MANUAL OF THE UNITED STATES.
HAYANA, EANTOUL AND EASTEEN E. E. (In Progress.)
Line of Road.— Bismarck, 111., to Havana, 111 128 miles.
In operation : Fisher, 111. , to West Lebanon, Ind 52 "
Sidings, etc., 1.5 mile. Gauge, 3 feet. Rail, 30 Ibs.
Organized January 1, 1873, and road opened in January, 1876.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, etc., 2 ; freight (box,
51 ; platform, 35 ; coal, 2), 88 — total revenue cars, 90.
Operations for year ening June 30, 1877. — Trains run, 46,360. Passengers car-
ried, 17,832. Freight moved, 20,462 tons. Earnings— from passengers, $6,212.20 ;
from freight, $32,197.05— total, $38,409.25. Operating expenses, $25,068.75. Net
earnings, $13,340.50. Payments, interest on funded debt, $18,040; extraordinary ex-
penses, taxes, etc., $14,171.25.
Financial Statement, June 30, 1877.— Capital stock, $212,600 ; funded debt, 1st
mortgage bonds, $110,000; 2d do., $115,000 ; floating debt, $110,740.44; total stock,
bonds and debt, $548,340.44. Cost of road to date, $322,496.80.
L. STEWAKT, President Rantoul, 111.
Secretary— Guy D. Penfield Rantoul, 111. | Treasurer— H. E. Bullock Rantoul, 111.
Supt. and Chief Engineer— A. W. Wright Rantoul, 111.
PRINCIPAL OFFICE AND ADDRESS Rantoul, 111.
ILLINOIS CENTEAL EAILEOAD.
i Cairo, 111. , to Dunleith, 111 455. 72 miles.
Lines of Road.— j Centralia> I1L) to Chicago, 111 249.78 "
Leased lines in Iowa, named below 402.16 "
Total length of all lines owned, leased and operated 1,107.66 miles.
Second track, 13.6 miles ; third and fourth track, 1.49 mile. Sidings, etc., in Illinois,
123.55; in Iowa, 31.51 miles. Gauge, 4 feet 8| inches. Rail, 50, 60 and 61 Ibs. Steel
rails, 374.96 miles. In Illinois, 355.36 ; in Iowa, 19.6 miles.
This company was chartered February 10, 1851, and the road opened January 8,
1855. It received a grant of land, of which the details are elsewhere given.
The leased lines are the Dubuque and Sioux City R. R., 142.89 miles ; the Iowa
Falls and Sioux City R. R., 183.69 miles; and the Cedar Falls and Minnesota R. R.,
75.58 miles, the latter being leased to the D. and S. C. R. R. Co., and subleased to
this company.
In addition to the length given above, are the St. Charles Air-Line Branch, 0.75
mile, and the Dunleith and Dubuque Bridge, 1.31 miles, making a total length of I.
C. R. R., 707.56 miles.
Rolling Stock. — Locomotive engines, 212. Passenger cars — 1st class, 81 ;
smoking, 8 ; officers', 2 ; pay, 1 ; baggage, mail and express, 56 ; sleeping, 18 ; and
old (not numbered), 10 — total, 176. Freight cars (fruit and grain, 3,298 ; Blue Line,
50 ; stock, 416 ; flat and coal, 1,501 ; and powder, 4) — total, 5,269. Working train
cars and snow-plows, 17 — total passenger and freight train cars, 5,445 ; and working,
etc., 17— total, 5,462.
RAILROAD MANUAL OF THE UNITED STATES. 733
Abstract of the rolling stock, December 81, yearly for ten years :
1868.
1869.
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Locomotive Engines
170
177
187
193
197
197
196
202
202
212
Passenger and Officers' Cars
87
87
87
100
100
101
101
97
97
100
Sleeping Cars
9
13
16
17
17
18
18
18
18
18
Baggage, Mail, etc., Cars.
39
41
44
45
45
47
51
51
51
56
Freight Cars
3,817
4,191
4,224
4,319
4,585
4,625
4,635
4,663
4,960
5,269
Derrick, Tool and. Tank Cars
9
9
9
9
9
9
1 9
9
9
j ify
Snow Plows
14
14
16
16
16
16
16
16
16
\ L<
Operations for year ending December 81, 1877. — 1. Locomotive service : Trains
run — passenger, 1,449,542 ; freight, 2,558,695 ; construction, 37,570 ; and switching,
765,111 — total, 4,810,858. Average number of cars hauled in trains, 11.38.
Abstract of locomotive operations for nine years :
1869.
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Passenger
1,225,430
1,330,723
1 469 864
1,470,195
1,561,956
1,383,895
1,478,191
1,511,174
1,449,542
Freight .'
3,437,072
3,355,761
3,453,554
8,512,102
3,333,486
2,909,510
3,179,753
2,731,826
2,558,695
Construction
Switching t .
154,485
597,316
124,020
777,102
123,726
663,890
87,799
818,130
73,259
892,624
47,096
828,392
54,101
907,396
99,467
825,555
37,510
765,111
Total
5,414,303
5,387,606
5,710,854
5,888,226
5,861,325
5,168,893
5,619,441
5,168,022
4,810,858
Av. Cars hauled .
Cost per mile run
12.52
25.49c.
12.73
25.15C.
11.51
21.50C.
11.50
21.76C.
12.05
21.08C.
12.38
19.57C.
11.65
19.57C.
11.17
18.81C.
11.38
17.21C.
2. Passenger traffic : Passengers carried, 1,711,398 ; carried one mile, 46,076,845
—in Illinois, 1,422,809 ; and in Iowa, 288,589. Revenue— in Illinois, $1,037,500.91 ;
and in Iowa, $403,383.14— total, $1,440,974.04. In Iowa— D. and S. City R. R., $228,-
585.46 ; Iowa Falls and S. City R. R., $138,730.84 ; and Cedar Falls and Minn. R. R.,
$36,066.84— total as above, $403,383.14.
Abstract of passenger traffic for nine years :
1869.
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Passengers
1,399,416
1,376,585
1,286,584
1 352,156
1,472,005
1,586,637
1,648,541
1,815,788
1,711,398
Travel— 100m...
Average miles...
Revenue
533,060
38.1
$
2,102,990
543,052
39.4
$
2,117 527
505,908
39.3
$
1 899 310
517,800
38.29,
$
1 759 418
485,037
32.95
$
1 722 723
511,153
52.22
I
1 679 457
508,285
30.83
$
1,668,493
512,380
28.22
$
1 624,712
460,768
26.92
S
1,440974
Rev. per Pas'n'gr
1.50.28C.
1.53.82C.
1.47.62C.
1.30.12C.
1.17.04C.
1.05.85C.
1.01.21C.
0.89.48C.
0.83.85C.
3. Freight traffic: Freight moved— in Illinois, 1,431,281 ; and in Iowa, 371,763—
total, 1,803,044 tons; moved one mile, 249,345,941 tons. Revenue — in Illinois,
$3,518,990.35 ; and in Iowa, $1,036,415.33— total, $4,555,405.68. In Iowa— D. and S.
C. R. R., $663,386.81 ; I. F. and S. C. R. R., $267,431.72; C. F. and M. R. R.,
$105,596.80.
734
RAILROAD MANUAL OF THE UNITED STATES.
Abstract of freight traffic for nine years :
Freight — tons...
1,601,972
1,623,944
1 &31.944
2,039,321
2,057,360
2,069,935
2,016,424
1,899,627
1,803,044
Moved— 100 m. . .
2,533,361
2,654,094
2,621,504
2,722,909
2,753,034
2,735,592
2,846,509
2,646.023
2,493,459
Average miles.
158.1
163.4
143.1
133.52
134.10
132.15
141.17
139.30
138.84
$
$
$
$
$
$
$
$
$
Revenue
6,309,867
6,142,521
6,086,713
5,865,614
6,063,364
7,700,573
5,490,995
4,748,355
4,555,406
Re venue per ton.
3.93.88C.
3.78.24C.
3.32.25C.
2.87.62C.
2.94.71C.
2.75.39C.
2.72.31C.
2.49.96C.
2.52.65C.
Income Account (705.5 miles), year ending December 31, 1877.
Receipts. Disbursements.
Freight $3,032,336 91
Passengers 1,037,590 91
Sleeping Cars 21,835 35
Mails 96,13744
Express 112,994 85
Rent of Property, etc 189,001 37
Storageand Dockage 4,339 49
Miscellaneous 85,072 91
$4,579,309 23
Net Earnings over C., B. & Q. R. R. . . 399,700 16
" " " T.,P. &W. R. R.. 43,47664
" " " other Lines 104,219 59
Total Earnings in Illinois $5,126,705 62
EARNINGS OVER LEASED LINES IN IOWA :
Dubuque and Sioux City R. R. . . . $921,412 06
Iowa Falls and Sioux City R. R. . 441,934 94
Cedar Falls and Minnesota R. R. . 149,792 78
Salaries $149,595 82
General Expenses 109,842 48
Station Expenses 512,095 67
Train Expenses 746,383 17
Maintenance of Equipment 568,994 63
Maintenance of Way 651,05213
Structures* and Property 100,781 10
Claims and Damages 35,397 52
Legal Expenses 40,24840
Telegraph Expenses 56,134 65
Sleeping Car Expenses 36,731 37
Miscellaneous. . . 115,186 20
Total Operating Expenses $3,122,443 14
Charter Tax, Illinois • 316,351 94
" Iowa 66,57541
Rents, Leased Lines 587,913 52
Balance— Net Revenue 2,546,561 39
Total $6,639,845 40 Total $6,689,845 40
Net Revenue Account, year 1877.
Net Receipts of Operations $2,546,561 39
Land Office Receipts 108,135 99
Coupons and Premium $582,990 49
Dividends 1,160,000,00
$2,654,697 38 $1,742,990 49
Balance — Income account, $911,700.89, of which were carried to construction,
$73,603.70 ; insurance fund, $48,000 ; balance to general account, $790,103.19.
Abstract of income account for seven years :
Receipts.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Freight
$
4,737,974 64
1,470,745 79
2,475 01
76,50000
145,886 47
170,953 93
21,261 89
4,506 34
$
4,305,616 95
1,331,898 92
2,879 79
86,500 00
129,935 61
159,437 33
4,148,901 29
1,283,921 47
2,679 94
76,500 00
132,220 42
232,052 82
$
3,986,690 66
1,216,059 81
3,147 79
131,735 97
119,432 69
206,12879
$
3,619,238 68
1,265,010 16
$
3,190,447 67
1,189,023 37
$
3,032,336 91
1,059,426 26
Passenger, etc
Extra Baggage
Mails
136,086 30
105,844 81
239,454 38
71,409 12
11,685 32
120,181 65
98,771 70
232,439 64
45,327 97
13,658 03
96,137 44
112,994 85
189,601 37
85,072 91
4,339 49
Express
Rents of Road, etc.. . .
Miscellaneous
Dockage, etc
13,820 70
14,165 23
13,672 78
Total Earnings...
Over other Lines
Earnings in Illinois. . .
Leases in Iowa
6,630,303 87
422,136 59
6,020,089 30
593,343 77
5,890,441 17
700,583 47
5,701,37003
571,452 89
5,448,728 77
503,699 98
4,889,850 03
531,841 75
4,579,309 23
547,396 39
7,052,440 46
1,348,69135
6,613,433 07
1,413,320 71
6,591,024 64
1,677,300 54
6,272,822 92
1,627,895 17
5,952,428 75
1,850,127 67
5,421,691 78
1,619,277 32
5,126,705 62
1,513,139 78
Grs. Earn's on all lines
8,401,141 81
8,026,753 78
8,268,325 18
7,900,721 09
7,802,556 42
7,040,969 10
6,639,845 40
RAILROAD MANUAL OF THE UNITED STATES.
735
Disbursements.
Salaries .
161,77049
215,704 41
26,706 66
58,810 58
668,775 52
982,212 49
1,024,958 02
1,290,338 57
49,455 65
4,279 95
33,894 81
32,370 20
36,632 16
150,115 16
258,151 95
40,05013
72,031 37
744,35868
1,028,683 86
1,095,35544
1,296,863 25
56,171 06
5,097 71
20,091 71
153,267 30
250,944 88
42,392 75
74,395 41
711,189 60
1,0-27,33253
988,098 33
1,258,978 73
56,875 63
6,693 45
71104
166,024 19
253,317 93
39,403 01
66,717 44
643,589 17
868,448 69
779,128 31
1,112,600 09
45,452 19
3,625 49
176,630 10
151,938 70
51,902 76
67,986 12
594,701 40
864,827 48
781,61432
992,431 39
28,94276
4,133 37
168,217 86
138,098 91
41,279 55
62,727 32
567,247 34
813,486 31
656,959 36
1,086,205 24
28,569 79
3,950 65
149,595 82
109,842 48
40,248 40
35,397 52
512,095 67
746,383 17
568,994 63
651,052 13
22,174 77
1,205 32
3,40062
General Expenses . . .
Legjal Expenses
Claims and Damages.
Station Expenses
Train Expenses
Machinery and Cars. .
Way and Bridges
Fencing
St. Charles Air-Line . .
Insurance
Loss by Fire
5,658 24
46,186 12
Sundries
79,884 09
27,229 12
164,897 60
278,900 42
189,186 51
Total Expenses...
Earnings over Exp'ses
Charter Tax in Illinois
Tax in Iowa .
4,641,919 62
4,846,854 32
4,600,108 77
4.030,150 77
3,989,447 05
3,845,642 75
3,122,443 14
3,759,222 19
463,512 91
19,532 91
543,328 93
3,179,899 46
442,85654
70,634 57
563,301 52
3,668,216 35
428,574 00
56,00000
652,751 85
3,870,570 32
396,366 48
68,263 14
632,577 94
3,813,109 37
375,766 03
63,334 20
703,927 22
3,195,326 35
365,005 58
68,556 90
625,987 56
3,517,402 26
316,351 94
66,575 41
587,913 52
Rents of L'eed Roads.
Net Revenue
1,026,374 75
1,076,792 63
1,137,325 86
1,095,207 54
1,143,027 45
1,050,550 04
970,840 87
2,732,847 44
2,103,106 83
2,860,741 68
2,775,362 78
2,670,083 92
2,144,776 31
2,546,561 39
Abstract of expenditures for maintenance of way, etc., for ten years :
Miles
Repairs
00
of
Road
at end
of
Labor on
Track.
New and
Rerolled
Rails.
Cross
Ties.
Repairs
of
Bridges.
Other
Items.
Total.
Miles of
Engines
Repairs
of
Fences.
of
Station,
Build'gs,
& Water
£
Year.
Works.
1868
1869
890.39
964.38
S
502,018 24
581,872 44
$
294,675 57
264,784 90
8
]71,632 15
167,582 14
$
128,271 60
98,820 98
$
163,845 48
200,968 40
$
1,260,443 04
1.314,028 86
4,593,446
5,414,303
$
106,104 54
107,062 26
$
94,101 12
113,755 89
1870
1,107.66 568,490 03 235,300 34 160,211 90^123.346 95|169,94() 671,257,290 79
5,387,606
69,226 31
70,736 90
1871
1,107.66'519,246 39 340,244 90 136,326 63 132,396 02
162,12463:1,290,33857
5,710,854 49,44565
87,937 57
1872
1,1 07. 66 1 505,551 31 391,396 70 142,220 50
87,237 61
170,457 13 1,296,863 25
5,888,226 56,17106
91,347 17
1873
1,107.66
523,843 02 408,143 85 121,238 05
79.808 66
125,945 15
1,258,978735,861,325
56,875 63
77,675 96
1874
1,107.66
451,935 69,356,039 64 130,642 44
67,525 42
106,456 90
1,112,60009
5,168,893
45,452 19
62,476 31
1875
1,107.66 431,462 94 250,355 25 148,035 62
69,285 41
93,292 17 992,431 39
5,619,441
28,942 76
82,826 67
1876
1.107.66 421,219 01 354,806 16 152,381 80
112,480 83
45,317 44 1,086,205 24
5,168,022
28,569 79
66,493 95
1877
1,107.66
318,831 90
95,512 51
107,587 59
110,871 11
18,25002
651,052 13
4,810,858
22,174 77
40,572 36
Abstract of net revenue account for eight years :
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Net Revenue as above..
Int'st F'nd I from f
Free L'nd " [ lands. ")
Profits New York Office
Con. b'cl fund-Interest.
Intere:-t and Premium..
Net Amount . ...
2,857,321
230,645
383,222
$
2,732,847
168.978
154,406
$
2,103,106
84,163
91,102
52,023
131,500
*
2,860,741
178,429
45,803
13,018
290,000
£»
2,775,362
$ .
2,670,681 92
223,29742
$
2,144,776 31
143,837 69
S
2,546,561 39
108,135 99
110,243
24,982 23
3,471,188
iterest
3,056,232
and div
2,461,896
idends i
3,387,992
is folio
2,885,606
ws :
2,893,379 34
2,313,596 23
2,654,697 38
Disbursed for ii
Interest and Exchange.
Dividends & U. S. Tax.
Dividends, per cent. . . .
622,053
2,594,392
10
573,181
2,726,558
10
557,419
2,537,760
10
558,437
2,547,930
10
523,854
2,165,533
8
661,097 57
2,319,476 60
8
616,792 01
2,320,000 00
8
582,990 49
1,160,000 00
4
736
RAILROAD MANUAL OF THE UNITED STATES.
In October, 1858, and January, 1862, dividends were paid in cancelled bonds scrip,
since converted into stock, amounting to $1,772,270 ; and there have been two stock
distributions, one of 10 per cent, in August, 1865, $2,119,931 ; and another of 8 per
cent, in August, 1868, $1,881,100.
General Balance, December 31, 1877.
Permanent Expenditures, Illinois $34,000,000 00
Iowa 860,77'3 19
Working Stock of Supplies 411,662 61
Bonds, C., St. L. and N. O. K. R, etc. 742,300 00
Investment, New Orleans Line 5,062,994 43
, 596,145 86
441,160 28
Cash Assets
Miscellaneous Assets .
$42,115,036 37
Capital Stock $29,000,000 00
Sterling Bonds, due 1895 2,500,000 00
Currency Bonds, due 1890 2,500,000 00
Sterling Bonds, due 1903 4,504,000 00
" " " 1905 .. 1,000,00000
Bonds 1875 not presented
Batence, 1877
4,000 00
, 790,10319
Surplus 1,816,93318
$42,115,036 37
The 1st mortgage bonds of the C., St. L. and N. O. R.R. Co. amount to $638,000,
costing $542,300 ; and of the N. O., J. and N. B. R. Co. are $500,000, against which
is borrowed $300,000. The investments, N. O. line, consist of $4,942,000 2d mort-
gage bonds of the C.,St. L. and N. O. R. R. Co., valued at $4,912,522.43, and cash,
$150,472.
Abstract of financial condition yearly, on the 31st day of December, for seven years :
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Capital Stock
$
25,280,510
$
25 483,890
$
27,233 890
$
29,000,000
$
29,000,000
$
29,000,000
$
29,000,000
Cancelled Bonds Scrip
16,370
16 110
16 110
Funded Debt, less C.B. Fund
Bonds delivered LandDep't.
5,764,500
13,299,000
5,629,000
13,609,500
5,839,000
13,926,000
9,842,000
9,765,000
10,662,000
10,508,000
Construction Bond Fund
185 237
Surplus and Income
5,699,827
5,269,804
4,646,608
2,607,036
Total..
44.360.380
44.923.737
46.700.237
44.511.827
44.034.804
44.308.608
42.115,036
Per contra :
Permanent Expenditure
Interest and Dividend Acc't.
33,610,185
8,706,320
34,224,092
9,339,602
34,726,588
9,585,228
36,165,217
36,793,316
37,595,236
34,860,773
Bonds, etc., N. O. Line
4842000
4,842000
4,842,000
5,805,294
Supplies
831, &36
779,127
1,117,893
884,084
535,252
411,663
Cash Assets
1,212,539
745,962
1,609 294
1 940 574
1 169,404
825,120
596,146
Miscellaneous Assets
614,081
446069
346,000
511,000
441,160
Total..
44,360,380
44,923.737
46.700.237
44.511.827
44.034.804
44.308.608
42,115,036
Abstract of funded debt for same period :
Construction 7s
3062,500
3058,500
2742000
2420000
64000
64,000
4,000
Construction 6s (Coin)
332.000
332,000
332,000
315,000
Redemption 6s
2,5(10,000
2,500,000
2,500,000
2,500,000
2500000
2,500,660
2,500,000
Sterling 6s
2,500,000
2,500,000
2,500,000
2 500 000
2 500000
2 500,000
2,500,000
Exchange Sterling 5s
4,842,000
4 701 000
4,598,000
4,504,000
Sterling 5s (1905) . ....
1 000,000
1,000,000
Total
8,394,500
8,390,500
8,074,000
12,577,000
9,765,000
10,662,000
10,508,000
RAILROAD MANUAL OF THE UNITED STATES.
Abstract of funded debt in detail at close of 1877 :
737
Date of
Interest.
Principal
Amount of
Nature of Bonds.
Bonds.
Rate.
Interest
• Payable.
Payable.
Bonds.
Construction Bonds
April 1, 1851.
7
April and Oct.
April 1, 1875.
$4,000
Redemption Bonds, Currency
April 1, 1864.
6
April and Oct.
April 1, 1890.
2,500,000
" " Sterling
April 1, 1865.
6
April and Oct.
April 1, 1895.
2,500,000
Exchange Bonds, N. O. Line, Sterling. .
Sterling Bonds
April 1, 1874.
1876.
5
5
April and Oct.
June and Dec.
April 1, 1903.
1905.
4,504,000
1,000,000
Total amount of Bonds . . ,
$10,508,000
Land Department. — An Act of Congress, approved September 20, 1850, granted
to the State of Illinois six sections of land per mile of road in aid of the construction
of a railroad from Cairo to Chicago and Dunleith. This grant was transferred by the
State to the Illinois Central Company, in consideration of which, and in lieu of all
other taxes, the company agreed to pay to the State an amount equal to 7 per cent, of
the gross earnings from freight and passengers moved over their lines. The extent
of the land grant was about 2,599,000 acres. Of this 2,000,000 acres were set apart
for construction, 250,000 acres to pay interest on bonds, and 345,000 acres were left
free of encumbrance.
There remained on hand and unsold January 1, 1878, 286,280.33 acres.
During the year 1877, 8,811.57 acres were sold, for $62,816.31 — an average price
of $7.12 per acre. The gross receipts of the land department for the year were $127,-
104.31 ; expenses, $18.968.32 ; net amount remitted to treasurer, $108,135.99.
Classified statement of the main items of expenditure to December 31, 1877 :
Items of Expenditure.
1851 to
Dec. 31,
1865.
1866 to
1871.
In 1872.
In 1873.
In 1874.
In 1875.
In 1876.
In 1877.
Charter
I
59,688
$
$
$
$
I
$
$
Co. Exp
534,394
Right of Way
831,407
13,610
75,871
9,943
Engineering
481,586
18,733
2,500
2,500
2,500
Construction
18,410 722
1 771,104
258448
429,845
499,354
402,805
598847
139 855
Equipment
5,079 549
1 274 872
277 087
70 151
44,841
55274
203073
15 961
Iron Rails
4,803,728
Salaries
328,771
Int. and Ex
1,644,259
Int. and Stock
492.373
2 612435
Con. Bond Coupons
12,157,808
477,620
233,980
233,927
202,302
94,115
F. L. Bond Coupons. . .
1,024,044
Scrip Coupons
86,118
Scrip 8p.c.Coupons,etc.
204,428
28,595
Red'n Bond Coupons. . .
Interest on Stock
180,300
982,473
1,470,240
300,000
300,000
300,000
225,000
150,000
150,000
Interest on Bonds ....
281,603
415 953
42s v\n
Sterling Ex... .
324927
413 625
24 440
24 510
21,552
60380
50 839
A RA-I
Dividends
4,681,470
15 362 148
2 537 760
2,547,930
2,165,334
2,319,476
2,320,000
1 IfiO 000
Cancelled Bonds
1,777,270
54,080,313
22,779,104
3,710,08^
3,608,863
3,243,026
3,438,653
3,738,712
1,898,807
47
738 RAILEOAD MANUAL OF THE UNITED STATES.
Toward winch the road and lands have contributed as follows :
1852 to
Dec. 31,
1865.
1866 to
1871.
In 1872.
In 1873.
In 1874.
In 1875.
In 1876.
In 1877.
Net Earnings
|
13,410,857
$
15,548,526
$
2,103,107
$
2,530,890
$
2,275,363
$
2,670,082
223,297
1
2,144,776
143,838
1
2,546,561
108,136
Net Receipts of Land
Applicable to —
Interest Fund ....
3,745,105
5,398,547
138,000
957,438
120,466
1,944,158
9,392,749
84,163
497,120
178,429
290,000
Construction Bonds..
Free Land Bonds
367,856
Free Land Fund..
2,322,949
91,103
52,024
131,500
Profit and Loss
22,000
129,422
Interest
110,500
110,244
23,770,413
29,717,899
2,959,017
3,150,741
3,253,463
2,893,379
2,288,614
2,654,697
The principal articles of freight forwarded in Illinois for eight years are as fol-
lows :
Bushels
Bushels
Bushels
Barrels
Pounds
Pounds
Pounds
Tons
~Wn nf
Years.
of
of
of
of
of
of
of
of
I>U. Ul
Wheat.
Corn.
Oats.
Flour.
Lead.
Tobacco.
Cotton.
Coal.
Hogs.
1870.
1,947,270
5,114,130
5,641,870
649,465
13,719,300
8,718,800
22,168,700
200,753
313,926
1871.
1,440,530
12,962,060
4,077,570
329,758
11,378,400
5,277,600
25,850,600
249,088
358,861
1872.
1,322,100
11,394,670
5,195.110
454,360
12,214,400
5,041,400
8,315.900
355,425
526,267
1873.
1,759,040
10,145,050
4,749,230
380,156
9,410,900
9,875,800
6,637,300
317,384
632,249
1874.
2,554,650
9,393,810
3,662,550
418,827
10,267,900
17,000,300
5,526,300
270,984
609,227
1875.
1,873,210
6,025,680
3,276,820
497,754
11,395,000
9,152,000
20,033,700
318,557
671,120
1876.
1,051,300
9,775,530
3,194,450
352,958
10,138,800
9,231,200
22,228,100
294,142
662,201
1877. .
1,039,010
5,852,910
3,926,610
356,247
9,764,300
16,084,000
13,400,000
300,837
642,080
Freight forwarded in Iowa for eight years :
Years.
Bushels
of
Wheat.
Bushels
of
Corn.
Bushels
of
Oats.
Barrels
of
Flour.
Pounds
of
Lead.
Pounds
of
Tobacco.
Tons
of
Coal.
No. of
Hogs.
M.
Lumber.
1870
4,033,970
60,030
598,490
161,370
315,300
18900
11,790
46,618
33,766
1871
3,298,630
120,550
939,560
85,997
518,500
74,700
10,235
71,874
26,559
1872
4,461,170
370,900
1,187,650
71,102
786,800
97,000
16.210
70,670
31,475
1873
5,433,990
23,570
547,190
97,469
724,800
184 100
29,700
103,670
28,958
1874
4,190,960
244,600
615,320
105,759
858,000
267,700
28,742
81,677
40,794
1875
4,610,280
810,200
667,730
90,855
312,100
346,600
48,706
101,393
55,334
1876
3,061,530
88,430
560,040
100,395
476,100
220,400
55,761
164,985
46,904
1877
3,219,920
311,110
561,280
100,150
82,000
222,000
54,483
145,804
50,057
The date of dividend payments has been changed from February and August to
March and September. The Gilman, Clinton'and Springfield R. R. Co. was reorganized
during the year under the title of Chicago and Springfield R. R. Co., and a lease taken
by the Illinois Central R. R. Co., which proposes to issue $1,600,000 6 per cent, cur-
rency bonds, secured by mortgage on the C. and S. R. R., 112 miles long. The New
Orleans line has been reorganized, under the title of Chicago, St. Louis, and New Or-
leans R. R. Co., and the entire line is under the management of the Vice-President of
the Illinois Central R. R. Co. It is proposed to build 2.5 miles up the Ohio River to a
RAILROAD MANUAL OF THE UNITED STATES.
739
point opposite the Illinois Central depot. The total investment in this line amounts
to $5,805,294.43, for which the Co. holds $1,138,000 1st mortgage bonds ; $4,942,000
2d mortgage bonds, and nearly three-quarters of the capital stock of the newfcompany.
The permanent expenditure account, in the general balance sheet, has been re-
duced to $34,000,000 as against $36,816,675 the previous year, and the surplus ac-
count reduced accordingly.
Directors (for the terms ending last Wednesday in May, 1879, 1880, 1881, and
1882). — Shelby M. Cullom, Governor of the State of Illinois, ex officio. Until May,
1879— C. Menelas, A. G. Dulman, and Stuy vesant Fish. Until May, 1880— Wm. Tracy,
L. V. F. Randolph and Frederick Sturges. Until May, 1881— James C. Clarke, W. K.
Ackerman and B. F. Ayer. Until May, 1882— W. H. Gebhard, A. R. Van Nest and
John Elliott.
W. K. ACKERMAN, President Chicago, 111.
J. C. Clarke, Vice-President
Traffic Manager— Jos. F. Tucker Chicago, 111.
Treasurer — L. V. F. Randolph New York.
Secretary— L. A. Catlin
Superintendent — E. T. Jeffery Chicago, 111.
( Chic. Div.— C. A. Beck Centralia, "
Supts. < Northern Div. — J. C. Jacobs.. Amboy, "
/ Iowa Div.— D. W. Parker Dubuque, "
Auditor— J. C. Welling Chicago, "
Purchasing Agent — O. Ott
Asst. Treasurer — Henry De Wolf Chicago, 111
General Solicitor— E. F. Ayer
Gen. Ticket Agent — W. P. Johnson . . .
Gen. Freight Agent— Horace Tucker.
Master Machinery — S. J. Hayes
Master Car Repairs— Chas. F. Scoville
General Agent-^-JoIm J. Sproull
Land Commissioner — Peter Daggy ....
Chicago, 111.
PRINCIPAL OFFICE AND ADDRESS Chicago, 111.
Financial Office No. 31 Nassau street, New York City.
DUBUQUE AND SIOUX CITY EAILEOAD.
Line of Road. — Dubuque, la., to Iowa Falls, la 142.89 miles.
Sidings and other tracks, 16.08 miles. Gauge, 4 feet 8^ inches. Rail, 56 Ibs.
Chartered November 24, 1856, as the Dubuque and Pacific R. R. Co., and con-
struction commenced. It had previously, under Act of July 15, 1856, received a land
grant from the State. The road (80 miles completed) was sold under foreclosure
August 21, 1860, and the present company organized. Opened to Cedar Falls, 100
miles, April 1, 1861, and to present terminus in 1866. In 1867 (September 13) the
Dubuque and Sioux City R. R. Co. leased their road to the Illinois Central R. R. Co.
for 20 years from October 1, 1867, the lessees to pay therefor 35 per cent, of the gross
earnings for the first ten years, and 36 per cent, for the remainder of the term, and
all taxes and assessments on the property. The Illinois Central R. R. Co., at the end
of that time, may take a lease in perpetuity, paying 36 per cent, of gross earnings.
In 1866 (September 27) the Dubuque and Sioux City R. R. Co. leased the Cedar
Falls and Minnesota Railroad, from Cedar Falls to the Minnesota State Line, 75.58
miles, and then opened from Cedar Falls to Waverly, 14 miles, for forty years from
January 1, 1867, at a rent of $1,500 per mile, and a further rent of 35 per cent, of all
gross earnings exceeding $3,500, and not exceeding $7,000 per mile per annum ; and
of 30 per cent, of all gross earnings exceeding $7,000 per mile. This lease has been
assumed by the Illinois Central R. R. Co.
Boiling Stock. — Furnished by lessees.
740 RAILROAD MANUAL OF THE UNITED STATES.
Operations for year ending December 31, 1877. — Included in lessees' returns.
Gross earnings as follows: From passengers, $228,585.46; from freight, $663,-
386.81; other sources, $29,439.79— total, $921,412.06. The expenditures for opera-
tions were not separately reported. The receipts to the company, 35 per cent, of
actual earning were, for year ending December 31, 1877, $322,494.22.
The income account for the year is as follows: Balance from 1877, $57,124.95;
rental received, $326,611.99; less drawback to I. F. and S. C. R. R. Co., $32,694.48;
$293,917.67; other receipts, $2,484.99— total, $353,527.45. Payments— interest on
funded debt, $61,740; dividends (3£ per cent.), $236,715.50; general expenses, $7,-
127,83— total payments, $243,843.30. Balance— surplus, $109,684.12 ; out of which
was payment of January coupons, $30,870, leaving surplus, $78,814.12.
Financial Statement. — Capital stock, $5,000,000 ; and 1st mortgage 7 per cent,
tax free bonds, due 1883 and 1894, interest January and July, $882,000 — total stock
and bonds (representing cost of road, etc.), $5,882,000.
The company also own and claim 100,017.21 acres of land, the balance to credit
on which December 31, 1876, was $28,462.59; receipts for year, $22,609.13— total,
$51,071.72, out of which were paid taxes, judgments, etc., $25,702.90, leaving on
hand, $25,368.82. They also hold $98,399.95 notes for bonds sold, and $17,422.54
notes for disputed bonds.
Directors (until February, 1878). — Morris K. Jesup,D. Willis James, J. F. Slater
and Mason Thompson. Until February, 1879. — J. A. Roosevelt, A. S. Hewitt, J.
Pierpont Morgan and Loerenzo Blackstone.
MORRIS K. JESTJP, President New York City.
J. A. Roosevelt, Vice-President " * "
Treasurer J. B. Dumont. | Secretary D. A. McKinlay.
PRINCIPAL OFFICE AND ADDRESS. .Dubuque, la., and 52 William St., N. Y. City.
IOWA FALLS AND SIOUX CITY KAILEOAD.
Line of Road. — Iowa Falls, la., to Sioux City, la 183.69 miles.
Sidings and other tracks, 6.62 miles. Gauge, 4 feet 8i inches. Rail, 56 Ibs.
This company was organized to build the line originally included in the charter
of the Dubuque and Pacific R. R. Co., from Iowa Falls to Sioux City. The road was
opened in 1870, and leased to the Illinois Central R. R. Co. from its opening on the
same terms as the Dubuque and Sioux City R. R.
Rolling Stock. — None owned. Furnished by lessees.
Operations for year ending December 31, 1877. — Gross earnings — passenger,
$138,730.84; freight, $267,431.72; other, $35,772.38-total, $441,934.94. Operating
expenses to lessees, 65 per cent., $287,257.71. Net earnings to lessors, 35 per cent.,
$154,677.25. The lessors also receive a drawback of 10 per cent, on all business to
and from their line passing over the Dubuque and Sioux City R. R. , amounting, for
the year, to $32,694.48, and a rental from Sioux City and St. Paul R. R. of $19,260,
making total net receipts $206,631.73.
Financial Statement. — Capital stock paid in, $4,625,000; and funded debt, 1st
EAILBOAD MANUAL OF THE UNITED STATES. 741
mortgage 7 per cent, bonds, dated May 1, 1869, interest payable April and October,
and principal October 1, 1917, $2,952,500— total stock and bonds (representing cost of
road and appurtenances), $7,577,500.
Directors (elected May 10, 1875).— John B. Alley, Lynn, Mass. ; Oliver Ames, 2d,
N. Eastern, Mass. ; John I. Blair, Blairstown, N. J.; Prince S. Crowell, East Dennis,
Mass. ; J. Vandeventer, Clinton, la. ; J. S. Kennedy, New York City ; and Horace
Williams, Clinton, la.
HOKACE WILLIAMS, President Clinton, la.
J. Vandeventer, Vice-President and Assist. Treasurer. . . " "
Treasurer and Beg. of Stock J. M. Glidden.
Secretary and Auditor Land Dept P. E. Hall.
Auditor George T. Crandell. Register Land C.H.Clark.
Land Commissioner J. B. Calhoun.
PRINCIPAL OFFICE AND ADDRESS Cedar Rapids, la.
CEDAE FALLS AND MINNESOTA EAILKOAD.
Line of Road. — Waterloo, la., to Minnesota State Line 75.58 miles.
Sidings and other tracks, 3.06 miles. Gauge, 4 feet 8| inches. Rail, 45 to 50 Ibs.
This road was opened in 1870, and leased to the Dubuque and Sioux City R. R.
Co., and by that company transferred to the Illinois Central R. R. Co., from date of
their own lease, 1867.
Rolling Stock. — None owned. Furnished by lessees.
Operations for year ending December 31, 1877. — Included in lessees' returns.
Lease rent, $1,500 per mile per annum, payable in monthly installments, and a per-
centage of earnings in excess of $3,500 per mile. Earnings from passengers, $36,-
066.84; from freight, $105,596.80; other sources, $8,129.14— total, $149,792.78.
Financial Statement, January 1, 1878.— Capital stock, $1,587,000; and funded
debt, 1st mortgage (14 miles) 7 per cent, bonds, dated April 30, 1864, interest payable
April and October, and principal April 30, 1884, $210,000 ; and 1st mortgage (on whole
line) 7 per cent, bonds, dated October, 1866, interest payable January and July, and,
principal January 1, 1907, $1,377,000 — total stock and bonds (representing cost of road),
$3,174,000. •
Directors (elected April 12, 1878).— John S. Kennedy, New York ; Lorenzo Black-
stone, Norwich, Ct. , D. Willis James and James A. Roosevelt, New York City; and
John Crerar, Chicago, 111.
JOHN S. KENNEDY, President .New York City.
Secretary and Treasurer— David A. McKinley New York City.
PRINCIPAL OFFICE AND ADDRESS. Dubuque, Iowa.
ILLINOIS MIDLAND RAILWAY.
Line of Road. — Terre Haute, Ind., to Peoria, 111 175.7 miles.
Sidings, 8.8 miles. Gauge, 4 feet 8£ inches. Rail, 52, 56, and 61 Ibs.
742 BAILKOAD MANUAL OF THE UNITED STATES.
Consolidation, September 19, 1874, of the Peoria, Atlanta, and Decatur, chartered
March 1, 1869 ; Paris and Decatur, chartered February 18, 1861, opened December
28, 1872 ; and Paris and Terre Haute, chartered October 1, 1873, opened November
30, 1874.
Rollins? Stock, — Locomotive engines, 12. Cars — passenger, 14 ; baggage, mail
and express, 2 ; freight (box, 230 ; platform, 83), 313 — total cars, 329.
Operations for year ending June 30, 1877. — Trains run — passenger, 141,938
miles; freight, 106,149 — total, 248,084 miles. Passengers carried, 80,171; freight
moved, 95,498 tons. Earnings from passengers, $62,009.84; freight, $150,961.71;
other, $20,462.78— total, $233,434.33. Operating expenses, $201,375.95 ; net earn-
ings, $32,058.38 ; interest account, $292,250.
Financial Statement, June 30, 1877.— Capital stock, $2,000,000 ; funded debt
(1st mortgage 7 per cent, gold bonds, dated January 1, 1875, payable January 1, 1905,
interest January and July), $4,175,000; floating debt, $1,010,700.91— total, $7,185,-
700.91 ; cost of road and equipment, $6,175,000.
The road was placed in the hands of a Receiver September 11, 1875.
Directors (elected 1877). — R. G. Hervey, L. Genis, Terre Haute, Iiid. ; M. C.
Tully, J. B. Eads, H. Van Sellar, R. J. Rees, Paris, 111. ; J. C. Lake, Hugh Crea,
Decatur, 111.
L. GENIS, President Terre Haute, Ind.
R. J. Rees, Receiver and General Manager Paris, 111.
Secretary and Treasurer K. J. Rees. | Master of Machinery. John G. Clifford.
PRINCIPAL OFFICE AND ADDRESS Paris, 111.
ILLINOIS AND ST. LOUIS KAILKOAD (and Coal Company).
Line of Road. — Belleville, 111., to East St. Louis, 111 14.5 miles.
Branch 3.5 miles, sidings, 8.3 miles. Gauge, 4 ft. 8i in. Rail, 56 Ibs.
Chartered February 26, 1841, as St. Clair R. R. ; changed to Pittsburg R. R. and
Coal Co., February 10, 1859, and to present title February 16, 1865.
Rolling1 Stock. — Locomotive engines, 4. Cars — passenger, 3 ; express and bag-
gage, 1 ; freight, 9 ; coal, 290 — total, 303. Also, 8 hand cars.
Operations for year ending June 30, 1877. — Trains run — passenger, 30,000 ;
freight, etc., 83,800— total, 113,800 miles. Freight moved, 252,003 tons.
Earnings — from passengers, $10,160.20; freight, $159,415.88; miscellaneous,
$6,287.08— total, $175,863.16. Operating expenses, $89,289.54; net earnings, $86,-
573.62. Payments from net earnings — interest on bonded debt, $16,000 ; dividend
(1.5 per cent.), $18,577.50; taxes, $9,822.52; miscellaneous, $10,349.12— total, $54,-
749.44. Balance— surplus, $34,540.10.
General Balance, July 1, 1877.
Railroad and Coal Lands $1,457,373 60
Rolling Stock 89,888 00
Sundry Assets 12,838 40
$1,560,100 00
Capital Stock, Common $617,000 00
" " Preferred / 743,10000
Funded Debt... 200,00000
$1,560,100 00
RAILROAD MANUAL OF THE UNITED STATES.
743
Tlie preferred stock bears 10 per cent, interest, and was issued in exchange for
bonds. The funded debt consists of 8 per cent, bonds, dated June 1, 1875, and pay-
able in 1895.
J. W. BRANCH, President and Gen. Manager . . .St. Louis, Mo.
N. Schaeffer, Vice-President
Secretary and Treasurer P. T. Burke. | Gen. Superintendent C. H. Sharman.
PRINCIPAL OFFICE AND ADDRESS 11 West Main St., St. Louis, Mo.
INDIANAPOLIS, BLOOMINGTON & WESTEEN EAILWAY.
Line of Road. — Indianapolis, Ind., to Pekin, 111 202.3 miles.
Extension : Champaign, 111., to Havana, 111 100.7 "
Branch : White Heath, 111., to Decatur, 111 30 9 "
Operated : Peoria and Springfield R. R 9.2 "
Total length of line owned, leased and operated 343.1 miles.
Sidings, etc., 40 m. Gauge, 4 ft. 8| in. Rail, 56 and 60 Ibs. Steel rails (62 Ibs.), 12 m.
This company was formed by the consolidation, July 20, 1869, of the Indian-
apolis, Crawfordsville and Danville, and the Danville, Urbana, Bloomington and Pekin
Railroads. The main line was opened October 1, 1869. The Western Extension was
opened to its present terminus in 1873.
This company having defaulted on the interest on its bonds, due October 1, 1874,
the road was placed in the hands of a Receiver, December 1, 1874, and has since been
operated by him.
Rolling Stock. — Locomotive engines, 46. Cars — passenger, 27 ; baggage, mail
and express, 15 ; freight (box and stock, 859 ; platform, 104 ; coal, 172), 1,135 — total
revenue cars, 1,177. Also, 32 service cars.
Operations for year ending November 30, 1877. — Trains run — passenger, 467,380 ;
freight, 700,315; other, 30,300— total, 1,197,995 miles. Passengers carried, 241,081 ;
carried one mile, 11,833,049. Freight moved, 412,582 ; moved one mile, 53,412,152 tons.
Earnings.
From Passengers $373,733 70
" Freight 766,744 54
" Mail and Express 33,96006
Miscellaneous 106,802 33
Expenditures.
For Maintenance of Way $202,349 19
" Rolling Stock 130,88503
" Transportation 554.41902
Miscellaneous 58,876 35
$1,281,240 63 $946,529 59
Balance— net earnings, $334,711.04. Payments— rents, $146,627.92; improve-
ments, $79,523.14.
Abstract of operations for six years :
Fiscal Years.
Miles
Railroad.
Passen-
gers.
Train
Mileage.
Freight,
Tons.
Train
Mileage.
Gross
Earnings.
Net
Earnings.
1871-72
293
350,002
381,640
716,769
$1,233,537
$448,234
1872-73
343
575,561
547,197
505,713
1,273,721
1,469,807
663,155
1873-74
343
294,394
495,145
561,333
1,418,440
1,689,528
606,552
1874-75....
343
262.867
466,629
1,076,255
1,432,352
317,044
1875-76
343
287,240
567,445
517,588
931,195
1,558,418
522.980
1876-77
343
241,087
467,380
412,582
700,315
1,281,241
334,711
744:
BAILROAD MANUAL OF THE UNITED STATES.
General Balance (Company's Account}, December 1, 1874.
Construction $19,040,490 15
Equipment 1,723,650 05
17,273 33
14,60577
Materials.
Dues, etc.
$20,796,019 30
Capital Stock $7,610,900 00
Funded Debt 9,785,000 00
Floating Debt 3,312,33791
Balances, etc
87,781 39
$20,796,019 30
During the time the road lias been operated by tlie Receiver, $1,106,644.47 have
been expended for improvements, construction, etc.
Statement of funded debt in detail, December 1, 1877 :
Character of Bonds.
. Date of
Bonds.
Rate.
Interest
Payable.
Principal,
When Due.
Amount
Author-
ized.
Amount
Out-
standing.
lstMt.D.,TJ., B.&P.R.R.
1st " I.,B. &W.R'y....
OfJ " '( t< " "
April 1, 1869.
Oct. 1, 1869.
Oct. 1, 1870.
7 p. c. gold..
7 " "
8 " Cur'y.
April and Oct.
U U (I
Jan. and July.
April 1, 1909.
Oct. 1, 1909.
Oct. 1, 1890.
$2,000,000
5,000,000
1,500,000
$2.000,000
3,000,000
1,500,000
June 28, 1872.
7 " gold..
July 1, 1912.
5,500,000
3,285,000
The $2,000,000 outstanding bonds of the D., U., B. and P. R. R. Co., issued prior
to consolidation, were intended to be exchanged for the 1st mortgage bonds of the
consolidated roads, of which but $3,000,000 have been issued, the remainder being
held in trust for exchange.
The bonds issued on the Extension are secured by mortgage on what was the
Havana, Mason City, Lincoln and Eastern Railway, consolidated also with the Montr
cello Railroad, and sold with all property and franchises, June 28, 1872, to the I., B.
and W. Ry. Co. The remainder [of the Extension bonds not issued, amounting to
$2,215,000, are hypothecated on the floating debt. The entire length of projected
extension is 215 miles, of which 130 are in operation, leaving about 85, with very
little work done. The annual interest on the outstanding bonds is $519,280, of which
$120,000 is in currency, the remainder in gold.
Directors (elected September 12, 1877). — F. E. Collins and B. E. Smith, Colum-
bus, 0. ; L. J. Bond, Monticello, 111. ; George Nebeker, Covington, Ind. ; John C.
Short, 'Danville, 111. ; C. R. Griggs, New York City ; C. U. Smith, Chicago, 111. ; J.
T. Thomas, Philadelphia, Pa. ; H. Conkling, Bloomington, 111. ; C. T. Thompson,
Pekin, 111. ; W. Y. McCord, Farmer City, 111. ; W. H. Smith, S. H. Busey, Urbana, 111.
B. E. SMITH, President Columbus, 0.
C. R. Griggs, Vice-President New York City.
Geo. B. Wright, Receiver and Gen. Manager Indianapolis, Ind.
Treat, and Sec.— A.. P. Lewis Indianapolis, Ind.
Superintendent— P. Pease
Auditor — C. Kelsey "
Purchasing Agent. — E. P. Miller
PRINCIPAL OFFICE AND ADDRESS Indianapolis, Ind.
Gen. Tkt. Agf.—J. W. Brown... Indianapolis, Ind.
Gen. Frt. Agt.—R. C. Diehl
Master Mach.—Tl. L. Cooper Urbana, 111.
. .Indianapolis, Ind.
PEOEIA AND SPBINGFIELD BAILBOAD.
This company was organized in 1870, and commenced the construction of its line
in 1871. It was opened from Peoria to Pekin, 111., 9. 2 miles, in 1874, and was leased
EAILROAD MANUAL OF THE UNITED STATES. 745
to the Indianapolis, Bloomington and Western Ry. Co., by which it was operated to
May 13, 1875, when the lease was declared forfeited, and the road placed in hands of
a Receiver. It, however, continues to be operated in connection with the I., B. and
W. Ry.
Boiling Stock. — Not reported.
Operations for year ending June 30, 1875. — No report is made, as the road is still
in process of construction.
Financial Statement, July 1, 1874 (latest furnished).— Capital stock, $144,000 ;
1st mortgage 7 per cent, bonds, $600,000 ; floating debt, $85,000 — total stock, bonds
and debt, $829,000. Per contra : Cost of construction to date, $744,000.
J. R. HILLIARD, Receiver and Superintendent Peoria, 111.
•
Auditor— V. P. James Peoria, 111. | Gen. Fr. & Tkt. Agt.—S. V. Mahoney. .Peoria, 111.
PRINCIPAL OFFICE AND ADDRESS. Peoria, 111.
INDIANAPOLIS, DECATUE AND SPRINGFIELD BAIL-
WAY. (In Progress.)
Line of Road.— Indianapolis, Ind., to Decatur, 111 152.00 iniles.
In operation : Decatur, 111., to Montezuma, Ind 85.62
Sidings, etc., 6 miles. Gauge, 4 feet 9 inches. Rail, 56 Ibs.
This company was chartered as the Indiana and Illinois Central R. R. Co., Jan-
uary 1, 1853, and reorganized under present title November 16, 1875.
The Indiana and Illinois Central Ry. Co. having defaulted on the interest on its
bonds, all its property and franchises were sold under foreclosure April 26, 1875, and
the present company are the successors by purchase.
Rolling Stock. — Locomotive engines, 6. Cars — passenger, 8; baggage, mail
and express, 2 ; freight (box, 100 ; stock, 25 ; platform, 50 ; and coal, 75), 250— total
revenue cars, 260. Also, 2 caboose and 26 service cars.
Operations for year ending June 30, 1877.— Trains run— passenger, 54,240 ;
freight and other, 53,370— total. 107,610 miles; freight moved, 60,605 tons.
Expenditures,
Operating Expenses $77,501 31
Taxes, etc 5,894 74
Earnings.
From Passengers $ 30,903 15
" Freight, etc 70,30225
$101,105 40 $83,396 05
Balance — net earnings, $17,709.35. Payments-^interest account, $203,130.
Financial Statement, June 30, 1877.— Capital stock, $500,000 ; funded debt 1st
mortgage 7 per cent, gold sinking fund bonds (authorized, $1,800,000), having thirty
years to run, $60,000. Second mortgage 7 per cent, income bonds, payable 1906,
$2,685,000— total funded debt, $2,745,000. Bills payable, etc., $65,279.75— total,
$3,310,279.75. Per contra : Cost of road and equipment, $3,166,986.47 ; other ex-
penditures, $149,519.45.
Directors (elected October 11, 1877). — H. C. Fahnestock, Henry B. Hammond,
Charles Dana, Chauncey Vibbard, Wm. H. Guion and S. S. Sands, New York City;
Benj. E. Bates, Boston ; George Walker, Springfield, Mass. ; J. D. Platt, Dayton,
74:6 RAILROAD MANUAL OF THE UNITED STATES.
Ohio ; George M. Pullman, Chicago, 111. ; E. F. Leonard and John Bunn, Springfield,
111. ; J. E. McDonald, E. J. Peck and J. R. Elder, Indianapolis, Ind. ; B. C. Hobbs,
Bloomingdale, Ind. ; and Joseph B. Fordyce, Putnam County, Ind.
HENRY B. HAMMOND, President New York City.
Treasurer— H. C. Fahnestock New York City. I Chief Eng. and Supt.—R. C. Moore. . .Tuscola, III.
Secretary— A. Duprat " " " \Ft. & Tkt. Agt.—C. V. Lewis "
Cashier and Paymaster— N. A. Eddy Tuscola, 111.
PRINCIPAL OFFICE AND ADDRESS Tuscola, 111.
Financial Office 120 Broadway, New York City.
IEON MOUNTAIN, CHESTEE AND EASTEEN EAILEOAD.
Line of Road. — Chester, 111., to Tamaroa, 111 40.7 miles.
Sidings, 2.5 miles. Gauge, 4 feet 8£ inches. Rail, 55 Ibs.
Chartered March 4, 1869, as Chester and Tamaroa R. R. Co. Opened March 1,
1872. Consolidated with Chester and Iron Mountain R. R. Co., under present title,
July 24, 1873.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 2 ; freight, 13.
Operations for year ending June 30, 1877, not reported. Earnings from passen-
gers, $9,304.04; freight, etc., $18,758.33— total, $28,062.37. Operating expenses,
$35,143.42.
Balance — deficit, $7,081.05 ; miscellaneous payments, $4,500.
Financial Statement, June 30, 1877. — Capital stock, not stated. Funded debt,
$660,000. Cost of road, equipment, etc., $1,854,600.
The funded debt is, 1st mortgage, dated April 12, 1871, 7 per cent, gold bonds,
principal due 1900. The road and property are in the hands of a Receiver.
Since the close of the fiscal year, the road has been sold and the company reor-
ganized under the name of the Wabash, Chester and Tamaroa R. R. Co.
C. R. COLE, Receiver Chester, 111.
Superintendent.— J. L. Hinckley Chester, 111. | Auditor— C. E. Kingsbury Chester, 111.
PRINCIPAL OFFICE AND ADDRESS . . Chester, 111.
JACKSONVILLE, NOETHWESTEEN AND SOUTHEASTEEN
EAILWAY. (In Progress.)
Line of Road. — Jacksonville, 111., to Mount Vernon/Ill 125.0 miles.
In operation : Jacksonville, 111., to Virden, 111. : 30.7 "
Sidings, 1.5 mile. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 1 ; baggage. 1 ; caboose,
2 ; freight, 34 — total revenue cars, 38.
Operations for year ending-June 30, 1877. — Earnings from passengers, $12,444.25,
from freight, etc., $40,080,17— total, $34,524.42. Operating expenses, $23,688.69.
Balance— net earnings, $10,835.73. Payments— taxes, $1,904.43 ; interest, $42,700.
Financial Statement, July 1, 1877. — Capital stock authorized, $2,000,000 ; paid
TUTTVROAD MANUAL OF THE UNITED STATES. 747
in, $375,846.59 ; and 1st mortgage 7 per cent, gold bonds, due July 1, 1902 (at the rate
of $20,000 per mile completed road), $610,000 ; floating debt, $6,823.41— total stock,
bonds and debt, $992,670, representing cost of road to date.
MARSHALL P. AYRES. President Jacksonville, 111.
Secretary and Treasurer William S. Hook. | Superintendent Edward S. Greenleaf.
PRINCIPAL OFFICE AND ADDRESS Jacksonville, 111.
LAFAYETTE, BLOOMINGTON AND MISSISSIPPI K. E.
Line of Road. — Bloomington, 111., to State Line, Ind 81 miles.
Sidings, 4.71 miles. Gauge, 4 feet 8i inches. Rail, 56 Ibs.
This company was chartered February 28, 1867, and the road opened in 1872. It
was leased on -completion to the Toledo, Wabash and Western Ry. Co. , but the lease
terminated on the reorganization of that company,
Boiling Stock. — Not reported.
Operations for year ending June 30, 1877. — Trains run, 164,371 miles ; passen-
gers carried, 38,468 ; freight moved, 91,553 tons. Earnings from passengers, $49,-
866.22; from freight, etc., $106,223.69— total, $156,089.91; operating expenses,
$109,307.29 ; net earnings, $46,782.62. The earnings for year 1875-76 were $166,121.-
65 ; operating expenses, $108,690.50 ; net earnings, $57,431.15.
Financial Statement, June 30, 1877. — Capital stock paid in, $400,000; and
funded debt, 1st mortgage 7 per cent, gold bonds, dated August 1, 1871, interest
payable February and August, and principal August 1, 1891, $1,520,000 ; other ac-
counts, $77,592.35 — total stock, bonds, etc., $1,991,592.35; cost of road and equip-
ment, $1,923,724.87— cash on hand, $49,894.06.
C. R. CUMMINGS, President Pekin, 111.
J. H. Cheney, Vice- President and Treasurer Bloomington, 111.
Gen. Man. & Ft. Agt.—E. H. Waldron. Lafayette, Ind.
Cashier— A. D. Thomas " "
Master Mech.—V. E. Gore Lafayette, Ind.
Gen. Tkt. Agt.—Q. W. Smith. . .
PRINCIPAL OFFICE AND ADDRESS Lafayette, Ind.
LOUISVILLE, NEW ALBANY AND ST. LOUIS AIE-LINE
KAILWAY. (In Progress.)
Line of Road.— New Albany, Ind., to Mt. Vernon, 111 181.00 miles.
In operation (from April 1, 1873) : Princeton, Ind., to Albion, 111 27.75 "
Sidings and other tracks, 1 mile. Gauge, 4 feet 8i inches. Rail, 56 Ibs.
Chartered, Indiana, February 24, 1869 ; Illinois, April 1, 1869.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 1 ; and freight — box,
4 ; platform, 4 — total revenue cars, 9
Operations for year ending June 30, 1877. — Trains run, 14,256 miles. Passen-
gers carried, 5,087. Freight moved, 5,637 tons. Earnings from passengers, $3,278.-
15 ; from freight, etc., $7,893.55— total, $11,171.70. Operating expenses, $11,442.44.
748 KAILROAD MANUAL OF THE UNITED STATES.
Financial Statement, July 1, 1877.— Capital stock authorized, $3,000,000 ; sub-
scribed, $2,107,100; paid in, $1,813,350 ; funded debt, $1,137,000; and floating debt,
$178,534 — total stock, bonds and debt, $3,128,884. Cost of road and equipment, $2,-
584,065. The funded debt consists of 1st mortgage 7 per cent, bonds, dated July ],
1872, interest payable January and July, principal July 1, 1892
The road was placed in the hands of a Receiver July 1, 1875, and operated by
him during the year. The road was sold under foreclosure, August 30, 1877, and a
new company organized by the purchasing bondholders under the name of St. Louis
and Mt. Carmel R. R. Co.
Directors (elected January, 1878). — Robert Bell, E. B. Green, Mt. Carmel, 111.;
Benford Wilson, Springfield, 111. ; J. Churchill, Albion, 111. ; S. Bayard, Evansville,
Ind. ; J. J. Brown, New Albany, Ind. ; St. John Boyle, Louisville, Ky.
ROBERT BELL, President Mt, Carmel, 111.
Treas. and Sec.—Geo. Lyman. ...New Albany, Ind. | Vice-President— St. John Boyle Louisville, Ky.
PRINCIPAL OFFICE AND ADDRESS Mt. Carmel, 111.
PAKIS AND DANVILLE KAILEOAD.
Line of Road.— Danville, 111., to Lawrenceville, 111 103.1 miles.
Sidings and other tracks, 3 miles. Gauge, 4 feet 8f inches. Rail, 56 Ibs.
Chartered March 26, 1869. Opened August 1, 1875.
Rolling Stock. — Locomotive engines, 4. Cars — passenger, 2; baggage, etc., 2 ;
freight, 57.
Operations for year ending June 30, 1877.— Trains run, 133,920 miles. Passen-
gers carried, 50,685. Freight moved, 50,849 tons.
Earnings from passengers, $43,448.19 ; from freight, $62,54^.67; miscellaneous,
$56,368.80 — total, $162,362.66; operating expenses, $153,073.25; net earnings,
$9,289.41. Interest account, $175,000.
Financial Statement, July 1, 1877.— Capital stock (authorized, $2,250,000), $1,-
612,100 ; funded debt, 1st mortgage 7 per cent, bonds, $2,500,000 ; floating debt, $275,-
000— total stock, bonds and debt, $4,387,100. Cost of road, etc., to date, $1,647,237.14.
It is understood that the company has defaulted on the interest on its bonds, and
the property is in the hands of a Receiver.
JAMES A. EADS, Receiver and Gen. Manager Paris, 111.
Master Trans, and Gen. Tkt. and Frt. Agt.—'B. F. Mathias Paris, 111.
PRINCIPAL OFFICE AND ADDRESS Paris, 111.
PEKIN, LINCOLN AND DECATUE EAILEOAD.
Line of Road.— Pekin, 111., to Decatur, 111 67.35 miles.
Sidings, etc., 7.2 miles. Gauge, 4 feet 8| inches. Rail, 52 Ibs.
This company was chartered in 1870, and the road opened in 1872. It was leased
KAILROAD MANUAL OF THE UNITED STATES. 74-9
on completion to the Toledo, Wabash and Western Ry. Co. for 99 years. The lease
terminated on the reorganization of that company.
Rolling Stock. — not reported.
Operations for year ending June 30, 1877. — Trains run— passenger, 74,651 ;
freight, etc., 74,225 — total, 148,876 miles. Passengers carried, 73,337 ; carried one
mile, 1,211,372. Freight moved, 119,095 tons ; moved one mile, 4,500,605 tons.
Earnings— from passengers, $44,665.58; from -freight, $119,169.35; from mail and
express, $17,291.22— total, $181,126.15. Operating expenses, $126,983.40. Net earn-
ings, $54,142.75. Payments— interest, $75,32Qgg|
Financial Statement, June 30, 1877.— Capital stock, $574,000; funded debt,
$1,076,000— total stock and bonds, $1,650,000. The funded debt consists of 1st mort-
gage 7 per cent, bonds, dated November 1, 1870, principal payable February 1, 1900;
interest payable February and August, $1,076,000. Cost of road, etc., $585,448.17.
C. R. CUMMINGS, President Lincoln, 111.
R. B. Latham, Vice-President Pekin, 111.
General Manager-*-3. S. Cook Pekin, 111.
Superintendent— G. R. Cableigh " "
Treasurer— T&. H. Bunker Pekin, HI.
Secretary— J. B. Cohrs " "
PRINCIPAL OFFICE AND ADDRESS Pekin, 111.
PEOKIA, PEKIN AND JACKSONVILLE KAILKOAD.
Line of Road. — Peoria, 111., to Jacksonville, 111 83 miles.
Sidings and other tracks 15.4 miles. Gauge, 4 feet 8| inches. Rail, 52 and 56 Ibs.
Successors by purchase of Illinois River R. R. Chartered June 11, 1863 ; opened
1869.
Rolling Stock. — Locomotive engines, 13. Cars — passenger, 9 ; baggage, mail and
express, 4 ; freight (box, 89 ; platform, 86), 175— total, 188.
Operations for year ending June 30, 1877.— Trains run— passenger, 113,070 ;
freight, 144,940 ; and other, 68,680— total, 326,690 miles. Passengers carried, 88,381.
Freight moved, 148,933 tons.
Earnings.
From Passengers $64,394 78
" Freight, etc.. 189,12836
$253,523 14
Expenditures.
For Maintenance of Way $60,883 06
" Transportation, etc 160,847 23
$221,730 29
Balance — net earnings, $31,792.85. Payments — taxes, $34,311.31. Interest ac-
counts, $140,000.
Financial Statement, July 1, 1877. — Capital stock — common, $1,000,000 ; pre-
ferred, $239,700 ; funded debt, $2,000,000— total stock and bonds, $3,239,700, repre-
senting cost of road and equipment.
750
EAILBOAD MANUAL OF THE UNITED STATES.
Statement of funded debt in detail :
Character of Bonds.
;Date of
Bonds.
Kate.
Interest
Payable.
Principal,
When Due.
Amount
Authorized.
Amount
Out-
standing.
1st Mortgage
May 21, 1864.
Oct. 1,1870.
7
7
Jan. and July.
Apr. and Oct.
July 1, 1894.
Oct. 1,1900.
$1,000,000
1,000'000
$1,000,000
1,000,000
2d " Convertible —
^^^••r
This road, as originally built, was sold under foreclosure, and bought for the
present company May 21, 1864y for $400,000.
Directors (elected June 14, 1877).— Edwin L. Trowbridge, Gr. T. M. Davis, L. H.
Smith, F. A. Constable, James M. Constable, New York City; John Allen, Peoria, 111. ;
and James F. Kelsey, Havana, 111.
JOHN ALLEN, President and Receiver Peoria, 111.
Cashier— W. W. Booraem Peoria, 111. Master Mechanic— R. F. Hurd Peoria, 111.
Gen. Freight A gt.—Q. O. Canfield " " Gen. Tkt. Agent— C. McCabe Pekin, 111.
PRINCIPAL OFFICE AND ADDRESS Peoria, 111.
Fiscal and Transfer Agency 73 Broadway, New York City.
PEORIA AND BOOK ISLAND EAILBOAD.
Line of Road. — Peoria, 111., to Rock Island, 111 91 miles.
Sidings and other tracks, 4 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
Consolidation, Oct. 1, 1869, of the Rock Island and Peoria and the P. and R. I. R.
Rs. Opened January 1, 1872. The road was sold under foreclosure in 1877, and the
purchasing company organized under the name of Rock Island and Peoria R. R. Co.
Rolling Stock.— Locomotive engines, 9. Cars — passenger, 5 ; express, 2 ; freight
and other, 90 — total, 97. Also, 17 hand cars.
Operations for year ending June 30, 1877.— Trains run— passenger, 128,300;
freight, 155,500; other, 5,360— total, 289,160 miles. Passengers carried, 120,214.
Freight moved, 139,065 tons.
Earnings.
From Passengers $88,920 77
" Freight 202,85027
Miscellaneous 24,734 37
$316,505 41
Expenditures.
Operating Expenses $223,717 56
Taxes,etc 1,05919
Net earnings 91,728 66
$316,505 41
Financial Statement, June 30, 1876.— Capital stock, $1,859,150 ; funded debt,
$2,039,000; floating debt, $166,532.68— total, $4,064,682.68. Per contra: Cost of
road and equipment, $3,829,586.17; real estate, $3,600— total, $3,833,186.17.
KAILROAD MANUAL OF THE UNITED STATES.
751
Statement of bonded debt in detail :
Title and Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal,
When Due.
Amount
Outstand-
ing.
1 st Mortgage (Gold)
Feb. 1, 1870.
7
Feb. and Aug.
Feb. 1, 1900.
$1,500,000
2d "
May 1, 1873.
7
May and Nov.
May 1, 1903.
389,000
R. I. and P R R. (assumed)
1870.
10
1900.
150,000
The above shows the financial condition prior to reorganization. No later report
furnished.
During the year 1874 this road was placed in the hands of a Receiver in conse-
quence of the non-payment of interest on 1st mortgage bonds, August 1, 1874, and
was operated by him during the last year. It was sold under foreclosure April 4,
1877, for $550,000, subject to the mortgage for $150,000.
P. L. CABLE, President Rock Island, 111.
R. R. Cable, Vice-President and Superintendent. .. " "
Treasurer— Joseph Gaskell Rock Island, 111. Master Machinist— Joseph Elder Peoria, 111.
Auditor— H. C. Whitridge " Gen. Tkt. and Fgt. Agt.—J. V. Mahoney.R. I., 111.
PRINCIPAL OFFICE AND ADDRESS Rock Island, 111.
KOCK ISLAND AND MEECEE COUNTY EAILEOAD.
Line of Road. — Rock Island, 111., to Cable, 111 21.8 miles.
Sidings, etc., 1 mile. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
This road was opened in 1877, but no report of operations is furnished.
Financial Statement, June 30, 1877.— Capital stock, $150,000. Cost of con-
struction to date, $327,237.17.
R. R. CABLE, General Manager Rock Island, 111.
PRINCIPAL OFFICE AND ADDRESS Rock Island, 111.
ST. LOUIS, ALTON AND TEEEE HAUTE EAILEOAD.
Line of Road.— Terre Haute, Ind., to East St. Louis, 111. (vid Alton). 189.0 miles.
Branches : named below 18.0 "
Leased lines : Belleville and Southern Illinois R. R.. , 56.4 "
Total length of line owned, leased and operated 263.4.miles.
Sidings, etc., 16.5 miles. Gauge, 4 feet 8-J- inches. Rail, 56 and 60 Ibs.
This company was formed by the reorganization, February 18, 1861, of the Terre
Haute, Alton and St. Louis R. R. Co., chartered January 28, 1851. The road was
opened in 1856. The branches are from Alton Junction to Alton, 4 miles, and from
East St. Louis to Belleville, 14 miles. The latter branch connects with the Belleville
752 RAILROAD MANUAL OF THE UNITED STATES.
and Southern Illinois R. R., which is leased to this company for 999 years from Octo-
ber 1, 1866, at an annual rental of 40 per cent, of gross earnings.
The main line extending from Terre Haute to East St. Louis, was leased June 1,
1867, for 99 years, to the Indianapolis and St. Louis R. K. Co., at an annual rental of
30 per cent, of the gross earnings of the line leased, up to $2,000,000 (but in no one
year a less sum than $450,000) ; upon all earnings in excess of $2,000,000 and not ex-
ceeding $3,000,000, the lessors are to receive 25 per cent. ; and upon all earnings
exceeding $3,000,000, 20 per cent. The lease is guaranteed by the Pittsburg, Fort
Wayne and Chicago R. R. Co. for one third ; the Cleveland, Columbus and Cincinnati,
and the Cleveland, Painesville and Ashtabula R. R. Go's, conjointly for one third ;
and the Indianapolis, Cincinnati and Lafayette R. R. Co. for one third.
The operations for the Main line are included in those of the Indianapolis and
St. Louis R. R. Co., whose report covers the entire line from Indianapolis to E. St. Louis.
The S. L., A. and T. H. R. R. Co. operate the Belleville Branch, and also the
Belleville and Southern Illinois R. R., the accounts of which are separately kept
from those of the main line.
Rolling Stock. — Locomotive engines, 13. Cars — passenger, 11; baggage, mail
and express, 4 ; and freight (box, 80 ; platform, 30 ; stock, 15 ; coal, 500 ; other, 4),
629 — total revenue cars, 644. This is the equipment of the Belleville Branch and B.
and S. I. R. R. The equipment of the main line is furnished by lessees.
Operations for year ending December 31, 1877. — Trains run, 393,540 miles. Pas-
sengers carried, 190,643 ; carried one mile, 4,005,563. Freight moved (including coal,
307,057), 470,195 tons ; moved one mile, 17,270,557 tons.
Earnings.
From Passengers $112,443 89
" Freight 385,900 44
" Mail and Express 13,70455
Miscellaneous 5,978 50
$518,037 38
Expenditures.
For Maintenance of Way $74,821 84
" Rolling Stock 76,29320
" Transportation 75,37321
Miscellaneous 26,470 49
$272,958 74
Balance— net earnings, $245,078.64. There was also expended for construction
and equipment, and charged to operating expenses, $9,977.62 ; making total of ex-
penses, $282,936.36 ; and leaving net balance of $235,101.02. The rental of the B.
and S. I. R. R. was $103,560.60, leaving as net income $131,540.42. Payments from
net earnings shown in income account.
The above applies only to the operations of the Belleville Branch and the Belle-
ville and S. Illinois R. R.
The gross receipts in 1873 of these portions of the line were $587,484.75 ; in 1874,
$559,346.75; in 1875, $561,869.08 ; and in 1876, $498,742.80. The operating ex-
penses in 1873 were $310,846.18, against $299,679.21 in 1874; $332,679.93 in 1875, and
$274,192.17 in 1876.
The financial result on the main line for 1877 is as follows :
Receipts.
Rental $450,000 00
Branch and Extension, Net 131,540 42
Disbursements.
Interest on Funded Debt $499,000 00
Sinking Fund 25,000 00
Interest 9,254 93 ! Main Line Expenses 11,031 25
Land Sold 50000 New Coal Cars 13,10000
$591,295 35
Leaving a net surplus of $43,162.10.
RAILROAD MANUAL OF THE UNITED STATES.
753
Income Account, Main Line, Year ending December 31, 1877.
Balance from 1876 $57,894 59
Rental 450,00000
Branch and Extension Receipts 518,037 38
Interest 9,254 93
Land Sold... 50000
Interest on Bonds $499,00000
Rental B. and I. S. R. R 103,560 60
Operating Expenses 282,936 36
Sinking Fund 25,000 00
Miscellaneous 24,131 25
Balance 101,058 69
$1,035,686 90 $1,035,686 90
The total earnings of the main line, which are also included in the statement of
the lessees, were $953,570.10, and the operating expenses, $775,821.50 — leaving as net
result to lessees, $177,748.60.
General Balance, December 31, 1877.
Construction Account $11,768,400 00 Capital Stock $4,768,400 00
Due from Sundry Accounts 1,55625 Funded Debt 7,000,00000
Lessees
37,500 00
Belleville Branch
38,851 83
Bank North America
107,848 38
Bills Receivable
113,878 08
Trustees of Sinking Fund 12,500 00
Interest on Bonds 144,750 00
Sundry Accounts 41,325 58
Income Account 101,058 69
$12,068,034 54 . $12,068,034 54
Of the capital stock, $2,300,000 is common and $2,468,400 is preferred. The
funded debt in detail is as follows :
1st Mortgage 7 per cent. Bonds — Series A — interest Jan. and July. Due July 1. 1894 $1,100,000
1st " • " " —Series B— interest April and Oct. " 1,100,000
2d " " " pref.— Series C— interest Feb. and Aug. " 1,400,000
2d " " " —Series D— interest May and Nov. " 1,400,000
2d " u income, interest May and November. " 1,700,000
Equipment Mortgage lOpercent. Bonds — interest March and Sep. Due March 1, 1880 300,000
The trustees of the sinking fund held March 22, 1878, $578,500 bonds, of which
$43,000 were purchased during the year. The amount received by them ($25,000 per
year) was $362,500; interest collected, $238,921.16— total, $601,421.16, of which
$584,338.71 had been expended in purchase of bonds, leaving on hand $17,085.45.
Directors (elected 1877).— Samuel J. Tilden, Thomas Denny, J. S. Barnes, W.
B. B. Cutting, New York City ; Carlos S. Greeley, St. Louis, Mo. ; A. H. H. Roun.
tree, Hillsboro', 111. ; M. M. Dill, Paris, 111. ; Levi Davis, Alton, 111. ; Edward Abend,
Belleville, 111. ; George W. Parker, St. Louis, Mo. ; George W. Wall, Duquoin, 111. ;
and Anthony Thornton, Shelbyville, 111.
George W. Parker, Vice President and Treasurer. . ..St. Louis, Mo.
Gen. Manager— G. W. Parker St. Louis, Mo. I Auditor— Henry T. Nash St. Louis, Mo.
Secretary — E. F. Leonard " | Assl. Secretary — H A. Crosby New York City.
ben. Freight and Passenger Agent— H. S. DePew St. Louis, Mo.
PRINCIPAL OFFICE AND ADDRESS St. Louis, Mo.
Transfer Office Bank of North America, New York City.
BELLEVILLE AND SOUTHERN ILLINOIS KAILKOAD.
Line of Road. — Belleville (12 m. S. E. St. Louis) to Duquoin, 111 56.4 miles.
Sidings, 4.4 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
48
754:
BAILKOAD MANUAL OF THE UNITED STATES.
Opened 1861. Leased and operated by the St. L., A. and T. H. R. R. Co.
Boiling1 Stock.— Furnished by lessees.
Operations. — Included in lessees' returns. Rental, 40 per cent, of gross earnings
up to $7,000 per mile ; 30 per cent, on all exceeding and up to $14,000 per mile ; and
20 per cent, on any excess of $14,000 per mile. Rental received for year ending De-
cember 31, 1877, $103,560.60.
Financial Statement, January 1, 1878.— Capital stock, $1,680,000. The bonded
debt of the company is $1,079,000, secured by 1st mortgage and guaranteed by lessees,
dated October 1, 1866, payable in 30 years ; interest 8 per cent., April and October.
Directors. — Charles Butler, S. J. Tilden, T. Denny and Russell Sage, New York
City ; S. Chamberlain, Cleveland, O. ; and D. L. Phillips, Springfield, 111.
D. L. PHILLIPS, President Springfield, 111.
Treasurer— Kussell Sage New York City. \ Secretary— -E. F. Leonard . Springfield, 111.
PRINCIPAL OFFICE AND ADDRESS Belleville, 111.
ST. LOUIS AND SOUTHEASTEKN BAIL WAY.
Line of Road. — East St. Louis, 111., Evansville, Ind .- . .160.8 miles.
(Junction, 111., to Shawneetown, 111 41.5
"J Belleville, 111., to O'Fallon, 111 5.9-47.4 "
Kentucky Division. — Henderson, Ky., to Guthrie, Tenn., line 98.1 "
Tennessee Division. — Nashville, Tenn., to Guthrie, Ky., line 46.9 "
Branches :
Total length of railroad owned and operated 353.2 miles.
Sidings, etc.— In 111. and Ind., 25.43 ; in Ky., 10.55 ; in Tenn., 3.43— total, 39.41 miles.
Gauge — In 111. and Ind., 4 feet 9 inches; Ky. and Tenn., 5 feet. Rail, 50 to 62 Ibs.
Steel rails— in 111. and Ind., 15.33 ; in Ky., 6.42 ; in Tenn., 5.80; total, 27.55 miles.
Consolidation (June 1, 1872) of the St. Louis and Southeastern, the Evansville,
Henderson and Nashville, and the Edgefield and Kentucky Railroads. The corporate
history of these several lines is given in the MANUAL for 1877-78. The whole system
was completed and in operation at the date of the consolidation. In 1873 the com-
pany failed to pay their coupons, and on November 1, 1874, the road was placed in
the hands of Receivers, by whom it is still operated by said receivers.
Rolling Stock. — Distributed as follows :
. ® S
c > g
o *£
o o'Sb
K-l g C
HH
||l
PioSO
ill
^
^ TO
9<j
«
Caboose
Cars.
Box
Cars.
Stock
Cars.
Flat Cars.
e< .'
C 11
a •-
O 03
§«
Total
Cars.
8-wh.
4-wh.
Illinois and Ind. (4 feet 9 in.)
Ky and Tenn (5 feet)
25
23
11
10
4
3
8
15
175
190
48
14
477
177
51
81
97
764
597
Total
48
ii cars.
21
32. r.
7
?otal of i
23
11 cars
365
62
738
132
97
1,361
.1,424
Also, hand cars 31, and pus
BAILEOAD MANUAL OF THE UNITED STATES.
Operations for the fiscal year ended October 31, 1877 :
755
St. Louis
Div.
(208.2 m.)
Kentucky
Div.
(98.1 m.)
Tennessee
Div.
(46.9 m.)
Total.
(353.2m.)
Trains run — Passenger
290,443
133,351
62,760
486,554
" Freight
283,779
183,351
86,481
554,049
Total
667,457
396,444
186,659
1,250,560
Passengers Carried
167,174
62,472
30,892
260,538
Passengers Carried One Mile ....
9,456 470
Freight (tons) Moved
357,875
207,745
107,962
673,582
Freight (tons) Moved One Mile
13,869,548
11,475,048
4,867,799
30,212,395
Coal (tons) incl. in Freight
211,075
123,436
334,511
Earnings from Passengers
$198,880 92
$84,214 25
$47,689 59
$330,784 76
Freight
386,711 83
233,118 77
102,219 41
722,050 01
" Mail and Express
24,814 26
11,218 38
5,643 45
41.676 09
Miscellaneous
4,907 26
698 54
322 21
5,928 01
$615,314 27
$329,219 94
$155,874 66
$1,100,438 87
For Maintenance of Way
$143,188 97
$88,782 31
$33,146 73
$265,118 01
" Rolling Stock
145,548 96
102,662 97
49,111 56
2'.'7,323 51
" Transportation
138,609 18
69,242 29
34,874 91
242,716 38
23,296 59
12,612 79
5,709 57
41,598 95
Operating Expenses ,
$450,613 70
$273,300 38
$122,842 77
$846,756 85
Net Earnings
$164,700 57
$55,949 56
$33,031 89
$253,682 02
Abstract of earnings, etc., for six years :
Year
Ending
Oct. 31.
St. Louis Division.
Ky. Division.
Tenn. Division.
Total.
Gross.
Net.
Gross.
Net.
Gross.
Net.
Gross.
Net.
1872 (5m's.)
1873
$
297,023 48
759,185 34
741,920 31
616,985 41
622,501 05
615,314 27
$
101,628 04
215,832 37
234.227 89
160,024 37
156,457 28
164.7UO 57
$ '
106.460 88
339 965 47
359,832 59
280,305 14
336,542 06
329,249 94
$
9.882 69
3^48 54
33,752 21
703 97
48,790 37
55,949 56
$
50,099 24
159,983 75
169,332 99
121,787 21
152,380 09
155,874 66
$
4,650 67
1,575 78
15,883 40
*
$
453,583 60
1,259,134 56
1,271,085 89
1,019,077 76
1,111,423 20
1,100,438 87
$
116,161 40
220,756 69
283,863 50
151,173 16
234.006 29
253.682 02
1874
1875
1876
28,758 64
33,031 89
1877
* Loss, $9,555.18.
The following is a statement of Net Revenue Account for the three years of the
Receivership, November 1, 1874, to October 31, 1877:
Net earnings for the three years 1874-1877, $638,861.47. Taxes in Illinois and
Indiana, $63,161.23; special legal expenses, $8,695.49 ; interest accrued on Receivers'
Certificates of Indebtedness, $81,376.69 ; discount on Receivers' Certificates of Indebt-
edness, $48,633.73; expense of appointing Receivers, $3,170.75; expense of funding
proposition, $94.50; advertising payment on Receivers' Certificates of Indebtedness,
$52.05— total, $205,184.44. Balance of net revenue account, $433,677.03.
Receivers' General Balance, October 31, 1877.
Old Indebtedness paid $597,647 58
Construction, etc 115,207 26
Sundries 3,984 79
Cash and Other Assets 111,689 52
$828,529 15
Balance of Net Revenue $433,677 30
Vouchers and Pay-Rolls 75,370 55
Receivers' Certificates 250,000 00
Sundry Accounts 69,481 57
$828,529 15
756
RAILROAD MANUAL OF THE UNITED STATES.
Financial Statement (Company Account). — Capital stock — common, $4,866,250;
and preferred, $5,974,850— total, $10,841,100. Funded debt— divisional bonds, $4,-
355,000 ; consolidated bonds, $9,500,000; less in Lands of trustees to retire the above,
$4,355,000— $5,145,000. Total amount of bonds, $9,500,000.
Of the consolidated bonds as above, there have been sold or disposed of, $2,330,-
500. Pledged as part security for company's indebtedness, $2,364,500, and deposited
in hands of trustees on account of Tennessee Division, $450,000.
Statement of the funded debt in detail :
Classes of Bonda.
Date of
Issue.
Date of
Maturity.
Rate,
p. c.
Interest
Payable.
Amount
of Bonds.
Annual
Interest.
1st Mtge. (Main L., Til.), gold.
1st Mtge. (Evansv. D.), gold.
1st Mtge. (O'Fall. Br.), gold.
1st Mtge. (E.H.&N.R.R.), cur.
Oct. 1, 1869.
Mar. 1, 1871.
Feb. 1, 1872.
July 1, 1867.
Oct. 1, 1894.
Oct. 1, 1894.
Feb. 1, 1892.
July 1 1887.
7
7
7
7
April & Oct.
April & Oct.
Feb. & Aug.
Jan. & July
$2,250.000
i,oo<>;ooo
105,000
1 000 000
$157,500
70,000
7,350
70000
Consol Mortgage, gold
Oct. 1, 1872.
Oct. 1, 1902.
7
j Feb. & Aug. I
5,145 000
360 150
/ May & Nov. j
Gold coupons accrued up to Nov. 1, 1877. — 1st mortgage (111. Div.), 18,926; 1st
mortgage (Evansv. Div.), 7,979 ; and 1st Mortgage (O'Fallon Br.), 852— total, 27,210,
amounting to $950,340.
Currency coupons accrued to October 31,1877. — 1st mortgage (E., H. &. N. R. R.),
7,898, amounting to $262,208.33.
ST. JOHN BOYLE AND JAMES H. WILSON, Receivers. ..St. Louis, Mo.
Gen. Manager ... .James H. Wilson.
Asst. Gfn. Supt Orry M. Shepard.
Auditor Erastus Young.
Gen. Fgt. Agt Chauncey H. Crosby,
Gen. Pass. & Tki. Agt John W. Mass.
Cashier & Paymaster Harrison W. Gardiner.
Svpf. of Machinery L. B. Salisbury.
Master Slefh. (Nash. Div.) E. M. Humstone.
Eng. & Road Mas. (St. L. Div.) J. C. Rawn.
Eng & Road Mas. (N7ash. Div.) . . . . . W. A. Heister.
Supply Agent— Alvar G. Thompson St. Louis, Mo.
PRINCIPAL OFFICE AND ADDRESS St. Louis, Mo.
ST. LOUIS, YANDALIA AND TERRE HAUTE RAILROAD.
Line of Road.— East St. Louis, 111., to State Line, Ind 158.3 miles.
Sidings, etc.. 23 miles. Gauge, 4 feet 81 inches. Rail, 64 Ibs. Steel rails, 6 miles.
This company was chartered February 10, 1865, and the road opened July 1, 1870.
It is almost wholly owned by the Pennsylvania Company, and is operated under lease
by the Terre Haute and Indianapolis R. R. Co., they paying 30 per cent, of gross earn-
ings as rental for use of the road.
Rolling Stock. — Locomotive engines, 32. Cars — passenger, 14; baggage, mail
and express, 8 ; and freight (box, 335 ; stock, 121 ; coal, 239 ; platform, 82), 777— total
revenue cars, 799. Also, 68 service cars.
Operations for year ending October 31, 1877.— Trains run— passenger, 386,874 ;
freight, 519,080 ; and other, 87,166— total, 993,120 miles. Passengers carried, 218,140;
carried one mile, 14,827,425. Freight moved, 631,281 tons ; moved one mile, 50,618,-
136 tons.
BAILEOAD MANUAL OF THE UNITED STATES.
757
Earnings.
From Passengers $372,539 87
" Freight 640,61290
" Mail, Express, etc 105,317 56
Expenditures.
For Maintenance of Way $340,554 25
" Rolling Stock 277,901*23
" Transportation, etc 226,685 48
$1,118,470 33 $845,140 96
Balance — net earnings, $273,329.37. The company paid $66 262.57 on account
of division of joint earnings with other companies, leaving net, $207,066.80. Amount
received from lessees as rental (30 per cent.), $315.662.31 ; other receipts, $159.75 —
total income, $315,822.06. Payments— interest on funded debt, $314,930 ; taxes, etc.,
$36,827.17— total payments, $351,757.17. Excess of payments, $35,935.11.
Abstract of operations for seven years :
Fiscal Years.
Miles
K. R.
Passen-
gers.
Train
Mileage.
Freight,
Tons.
Train
Mileage.
Gross
Earnings.
Net
Earnings.
1871 . .
158.4
361,951
490,678
402,670
$1,079,939
$323,932
1872
158.4
177,533
379,569
444,813
444,442
1,180,526
354,082
1873
158.4
192,514
38',>,552
477,139
437,832
1,132,423
325,150
1874
158,4
190,588
378,500
429,697
43-2,870
1,059,241
279,210
1875
158.4
247,836
433,776
500,874
454,060
1,006,221
185,861
1876
158.4
2-23,317
401,122
581,249
478,835
1,086,247
271,564
1877
158.4
218,140
386,874
631,281
519,080
1,118,470
273,329
General Balance, October 31, 1877.
Construction and Equipment $8,317,869 44
Stocks and Bonds ,
Other Assets
Cash on Hand . .
2,000 00
550 50
815 77
Balance, Debit of Income 298,022 64
Capital Stock, Common $2,476,315 70
" Preferred 1,451,700 00
Funded Debt 4,499,000 00
Bills Payable
, 24,73334
Other Liabilities 169,509 11
$8,619,258 15
Statement of funded debt in detail, October 31, 1877 :
$8,619,258 15
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal.
Payable.
Author-
ized.
Outstand-
ing.
1st Mortgage Bonds. . ,
2d " " ....
Jan. 1, 1867.
Mar. 13, 1668.
7 p. c.
7 "
Jan. 1 & July 1.
May 1 & Nov. 1.
Jan. 1, 1897.
May 1, 1898.
$1,950,000
2,600,000
$1,899,000
2,600,000
Directors (elected January 8, 1878).— Thos. A. Scott, Philadelphia, Pa.; Thomas
D. Messier, Pittsburg Pa.; William K. Edwards, W. R. McKeeu, Terre Haute, Ind. ;
R. L. Dulaney, Marshall, 111. ; W. S. Smith and A. G. Henry, Greenville, 111. ; O.
Brodtbeck, Highland, 111. ; and J. S. Peers, Collinsville, 111.
THOMAS D. MESSLER, President Pittsburg, Pa.
Secretary— Williamson Plant Greenville, III. General Ticket Agent— C. E. Follett.St. Louis, Mo.
Treasurer— W. H. Barnes Piitsburg, Pa. Gen. Freight Agent— H. W. Hibbard,
General Manager— 3. E. Simpson Indianapolis, Ind.
PRINCIPAL OFFICE AND ADDRESS , . . . .Greenville, 111.
Fiscal Office Third National Bank, New York City.
758 KAILROAD MANUAL OF THE UNITED STATES.
SPEINGFLELD AND NOETHWESTEKN E. E. (In Progress.)
Line of Road. — Springfield, 111., to Rock Island, 111 150.0 miles.
In operation : Springfield, 111., to Havana, 111 47.7 "
Sidings and other tracks, 2.2 miles. Gauge, 4 feet 8£ inches. Rail, 50 Ibs.
Chartered March 24, 1869. Road opened, 1873.
This road has been in the hands of a Receiver during the year, and only a partial
report is made.
Rolling Stock. — Locomotive engines, 3. Cars, 11.
Operations for year ending June 30, 1877. — Earnings from passengers, $23,002.-
13; freight, etc., $33,205.54 — total, $56,207.67. Operating expenses, $49,455.71.
Balance, net earnings, $6,751.96.
Financial Statement, July 1, 1875. — Capital stock, $1,000,000, and maybe in-
creased; subscribed, $1,000,000; paid in, $180,000; funded debt, 1st mortgage 7
per cent, gold sinking fund bonds, dated February 1, 1871, and payable, interest
semi-annual ly, February and August, and principal February 1, 1901, $1,000,000 —
total stocks and bonds (representing cost of road between Springfield and. Havana),
$1,180,000. The amount of bonds on the line will average $20,000 per mile.
The statement of funded debt, as of June 30, 1874, is here given, as the Receiver
makes no report on that point.
GEO. N. BLACK, Receiver Springfield, 111.
General Ticket and Freight Agent— J. G. Rupert — Springfield, 111.
PRINCIPAL OFFICE AND ADDRESS Springfield, 111.
SYCAMORE AND COUHTLAND EAILROAD.
Line of Road — Courtland, 111., to Sycamore, 111 4.9 miles.
Sidings and other tracks, 2 miles. Gauge, 4 feet 8| inches. Rail, 52 Ibs.
Chartered and opened 1859.
Rolling1 Stock. — Engine, passenger car and baggage car, each one. All others
furnished by the Chicago and Northwestern Ry. Company.
Operations for year ending June 30, 1877. — Trains run, 11,219 miles. Passengers
carried, 26,332 ; carried one mile, 128,026. Freight moved, 27,525 ; moved one mile,
134,904. Gross earnings — passengers, $5,684.92 ; freight, $10,564.87 ; mail, express,
etc., $1,153.11— total, $17,402.90. Operating expenses, $17,696.76.
Financial Statement, June 30, 1877.— Capital stock paid in, $40,000. Floating
debt, $3,500— total, $43,500. Cost of road, etc., $64,000.
J. S. WATERMAN, President Sycamore, 111.
C. Elwood, Vice-President and General Manager. ... " "
PRINCIPAL OFFICE AND ADDRESS Sycamore, III.
RAILROAD MANUAL OF THE UNITED STATES. 759
TOLEDO, PEOKIA AND WAESAW EAILWAY.
Line of Road. — Warsaw, 111., to Sate Line, Ind 227.20 miles.
Branch line : La Harpe, 111., to Burlington, la 19.60 "
Total length of road in operation 246.80 miles.
Sidings, etc., 36.3 miles. Gauge, 4 feet 8-J inches. Kail, 56 Ibs. Steel rails, 69.6 miles.
Chartered February 14, 1863. Opened October 14, 1868.
Rolling Stock. — Locomotive engines, 44. Cars — passenger, 17, baggage, mail,
and express, 8 ; freight (box, 460 ; platform and coal, 234), 694 — total 719.
Operations for year ending June 30, 1877. — Trains run — passenger, 424,391 ;
freight, 547,407 ; other, 82,950— total, 1,054,748 miles. Passengers carried, 300,183.
Freight moved, 605,815 tons.
Earnings.
From Passengers $291,482 80
" Freight 865,78648
" Mail, Express,etc 38,92338
$1,196,192 66
Expenditures.
For Maintenance of Way , . . $389,397 99
" Boiling Stock 151,23336
" Transportation, etc 547,177 79
$1,087,809 14
Balance — net earnings, $103,383.52. Payments not reported. The road is in the
hands of a Receiver.
Abstract of operations for seven years :
Fiscal Years.
Miles
R. R.
Passen-
gers.
Mileage.
Freight,
Tons.
Mileage..
Gross
Earnings.
Net
Earnings.
1870-71..
246 0
187 708
5 872 991
505 842
$1 148,244 33
$400000
1871-72
2375
336804
504,362
1,316,106 15
368,093
1872-73
230 3
175 784
6 416 116
517 596
1 262.266 18
219,829
1873-74
230 3
184 176
6 615 192
573 769
1 209.397 58
268 148
1874-75
237.4
459,999
992,892 63
211,172
1875-76
246.8
649,003
1,385,150 02
103,099
1876-77
2468
300 183
605 875
1,196,192 66
108,384
Financial Statement, June 30, 1874.— Capital stock, $5,700,000 ; funded debt,
$6,450,000 ; floating debt, $1,095,178.62— total stock, bonds and debt, $13,245,178.62.
Per contra : Cost of road and equipment, $12,720,133.35.
The above statement is taken from the report of the Illinois Railway and Ware-
house Commission for 1874, the company having furnished no financial statement.
There is no later report.
The capital stock consists of $3,000,000 common ; $1,700,000 1st preferred ; and
$1,000,000 2d preferred.
Statement of funded debt in detail :
Character of Bonds.
Rate.
Interest
Payable.
Principal
Payable.
Am't Out-
standing.
1st Mortgage, Burlington Division < .
7
June and Dec.
June 1, 1881.
$250,000
Consolidated Mortgage
7
May and Nov.
May 2, 1910.
6,200,000
760
KAILEOAD MANUAL OF THE UNITED STATES.
This company failed to pay the interest on its funded debt in December, 1873,
and subsequently, and has been in the hands of a Receiver. No change of financial
condition is reported.
Directors (elected March, 1873). — James F. Secor, Zeno Secor, Charles A. Secor
and James W. Smith, N. Y. City ; John B. Brown, Portland, Me. ; Gustavus Kicker,
Wilber F. Smith and H. R. Secor, New York City ; W. H. Cruger, Peoria, 111.
A. L. HOPKINS, Receiver and General Manager Toledo, 0.
JAMES F. SECOR, President New York.
General Accountant— E. Gale Peoria, 111.
Supt. and Engineer— F. N. Finney
PRINCIPAL OFFICE AND ADDRESS Adams Street, Peoria, 111.
Ticket Agent— R. C. Townsend Peoria, 111.
freight Agent— W. S. Spiers "
STWTJE OF WISCONSIN.
Area, 53,924 square miles. Population, 1,331,719. Assessed valuation, $351,780,354.
RAILROADS IN OPERATION, JANUARY 1,1878.
CORPORATE TITLES.
Gauge of
Track.
Length of Lines.
Total.
Wisconsin.
1. Chicago, Milwaukee and St. Paul
Ft. In.
4 : 8&
4 :8*
4 :8>*
3 :
3 :
4 :8X
4 :8X
4 :8X
4 :8*
4 :8#
4 :8#
4 :8X
4 :8X
4 :8X
3 :
4 :SX
4 :8X
4: 8%
4 :8^
4:8^
4:8*
M.
1,412.33
1,137.00
10.33
30.00
30.00
213.90
29.70
39.00
142.10
120.00
51.00
62.63
42.50
20.00
16.00
1.75
79.00
212.75
177.50
820.50
89.90
M.
677.33
474.95
10.33
30.00
20.00
213.90
29.70
89.00
142.10
120.00
49.00
62.63
42.50
20.00
16.00
1.75
79.00
85.20
177.50
320.50
89.90
2. Chicago and Northwestern , [Illinois
3. Chippewa Falls and Western
4. Fond du Lac, Amboy and Peoria
5. Galena and Southern Wisconsin
6. Green Bay and Minnesota
7. La Crosse, Trempeleau & Prescott (C. & N. W.).
8. Madison and Portage (C., M. and St. Paul). . . .
9. Milwaukee, Lake Shore and Western
10. Milwaukee and Northern (Wisconsin Central).
11. Mineral Point
12. Northwestern Union (Chicago and N. W.)
13. North Wisconsin (West Wisconsin)
14. Oshkosh and Mississippi (C., M. and St. P.). . .
15. Pine River Valley and Stevens Point
16. Prairie du Chien and McGregor
17. Sheboygan and Fond du Lac
18. Western Union (Chicago, Mil. and St. Paul). . .
19. West Wisconsin
20. Wisconsin Central
21. Wisconsin Valley
Total Length
4,237.89
2,701.29
RAILROAD MANUAL OF THE UNITED STATES. 761
CHICAGO, MILWAUKEE AND ST. PAUL EAILWAY.
Line of Road. — Chicago, 111., to St. Paul, Minn., via Milwaukee
and La Crosse , 415.33 miles.
Add'ti 1 " fMilw'kee,Wis., to St. Paul, and Minneapolis, Minn. ... 416.00 "
, -o , | Branches, in Wisconsin, named below 244.00 "
L* e •,.] Branches, in Minnesota, named below 87.00 "
'-Branches, in Iowa, named below .... 250.00 "
Total length of all lines owned, leased or operated 1,412.33 miles.
Sidings, etc., 182 miles. Steel rails, 412 miles. Gauge, 4 feet 8| inches. Rail, 60 Ibs.
In Wisconsin, 677.33 miles ; in Minnesota, 351 ; in Iowa, 337 ; In Illinois, 47 — in
all, 1,412.33 miles of the C., M. and St. P. Ry.
The Branches in Wisconsin are as follows : North Milwaukee to Schwartzburg,
5 miles ; Milwaukee via Watertown, to Portage City, 91 miles ; Horicon to Berlin, 43
miles ; Rush Lake to Winneconne, 14 miles ; Watertown to Madison, 37 miles ; Milton
to Monroe, 42 miles ; New Lisbon to Necedah, 12 miles. In Minnesota : Hastings
to Glencoe (H. and D. R. R.), 75 miles ; Mendota to Minneapolis, 9 miles ; Austin to
State Line, 12 miles. In Iowa : Conover to Decorah, 9 miles ; North McGregor to
McGregor, 1 mile ; Mason City to State Line, 28 miles ; Sabula to Marion, 87 miles ;
Calinar to Algona, 125 miles.
The lines leased and operated are the Oshkosh and Mississippi, 20 miles ; and
Madison and Portage R. R., 39 miles, both substantially owned by the C. S. P. and
M. Ry. Co.
Rolling Stock. — Locomotive engines, 214. Cars — passenger (1st class, 72 ; 2d
class, 31; sleeping, 12), 115 ; baggage, mail and express, 62 ; freight (box and caboose
3,555 ; stock, 401 ; coal and platform, 847), 4,803 — total revenue cars, 4,980. Also, 2
boarding cars.
Abstract of rolling stock for ten years :
1868.
1869.
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
135
945
155
155
182
198
203
208
208
214
{Passenger
80
90
96
101
103
104
106
107
115
115
Baggage, etc
53
54
58
62
56
57
57
57
60
62
Freight
2,500
2,753
2,953
3,060
3,349
3,655
3,660
4,«91
4,242
4,803
Total Cars
2,633
2,897
3,107
3,225
3,5U8
3,816
3,823
4,255
4,417
4,980
Operations for year ending December 31, 1877. — Trains run — passenger, 1,378,-
602 ; freight, 3,109,837 ; other, 306,625— total, 4,795,064 miles. Passengers carried,
1,139,621 ; carried one mile, 55,925,449. Freight moved, 1,687,057 ; moved one mile,
271,598,133 tons.
Earnings.
From Passengers $1 ,780,169 43
" Freight. ... 5,627,90629
" Mail and Express 313,21778
" Elevators, etc 328,77719
Miscellaneous 64,823 58
$8,114,894 27
Expenditures.
For Maintenance of Way $808,089 95
" Rolling Stock 678,28784
" Transportation 2,624,34929
" Elevators, etc 61,457 89
Miscellaneous, Taxes, etc 368,248 60
$4,540,433 57
762
RAILROAD MANUAL OF THE UNITED STATES.
Balance — net earnings, $3,574,460.70. Included in transportation expenses are
$438,243.28 extraordinary expenses for renewals, bridges, etc. Payments from net
earnings shown in income account.
Income Account, Year Ending December 31, 1877.
Balance on Hand, Jan. 1, 1877 $1,433,645 40
Earnings, 1877 $8,114,894 27
Expenses,
4,540,433 57— 3,574,460 70
M. and P. du C. Ky. Stock $4,033 75
Dividend Preferred Stock 429,606 90
Sinking Fund
53.000 00
Interest... 2,162,159 15
$5,008,106 10 $2,648,799 80
Balance, surplus, December 31, 1877, $2,359,306.30. A dividend of '6\ per cent.
on the preferred stock was subsequently declared payable January 25, 1878, and a
similar one April 10, 1878.
Abstract of operations for ten years :
Fiscal Years.
Miles.
R. R.
Passengers.
Train
Mileage.
Freight,
Tons.
Train
Mileage.
Gross
Earnings.
Net
Earnings.
1868
830
857 412
1,539 875
$6 547 646
$2,484 605
1869
938
310,903
946,786
1,344.358
2.063,899
7,250,669
3,020,787
1870
950
810,060
96^,802
1,522,753
2,371,454
7,421,1)61
2.767,787
1871
1,018
849,631
1,463,156
*3,319,403
6,6!>0.69o
2,840,341
1872
1 283
946,172
1,687,826
*3 783 801
6 957 771
2,262,155
1873
1,399
967,764
t52.252,528
1,791,504
t257, 638,532
9,946,1-^4
2,451,563
1874
1,399
1,051,527
t58.260,429
1,735,535
t259,168,288
8,953,(H7
3,081,901
1875
1,400
1,048,150
t54,880,848
1,832,527
t272,539,502
8,255 744
3,085,390
1876....
1,400
1,154,181
t59,845,665
1,7» '5,801
t264,808.027
8,054,171
3,100,847
1877
1,413
1,139,621
t55,925,449
1,687,057
t271,598,123
8,114,894
3,574,461
* Including passenger trains. t Carried one mile.
Included in the operations are the statements of the Madison and Portage and
the Oshkosh and Mississippi R. Us., excepting the earnings and working expenses,
which are reported separately.
Receipts per passenger and per ton per mile for ten years, in cents :
1868.
1869.
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
3.84
3.89
3.90
3.65
3.59
3 58
335
3 09
320
321
Freight
3.49
3.10
2.82
2.54
2.43
250
238
2 10
204
2.08
There was spent during the year on construction and equipment account, $662,-
606.60, of which $308,910.66 was for new rolling stock, $78,171.52 on steel rails,
$28,005.78 on the bridge at LaCrosse, $45,013.48 on Necedah Branch, $109,007.98 on
permanent improvements, and the remainder on other items.
General Balance, December 31, 1877.
Cost of Road $56,886,833 25
Western Union R. R. Stock 1,500,750 00
St. P., S. and Taylor's Falls R.R.Stock 15,000 00
Sundry R. R. Bonds 353,171 13
Materials on Hand 199,18602
Post Office Department 47,413 76
Due from Agents ... 104,72210
Miscellaneous* Accounts 274,081 76
CashonHand... 1,181,04739
$60,562,205 41
Capital Stock Preferred $12,279,483 00
" " Common 18,404,26100
Funded Debt... 29,954,50000
Unpaid Pay Rolls
Due other Railway Companies.
Miscellaneous Accounts
Dividends Unpaid
Coupon Account
364,555 54
23,936 95
137,720 14
13,364 06
25,078 42
Income Account 2.359,306 30
$60,562,205 41
BAILROAD MANUAL OF THE UNITED STATES.
Y63
Abstract of general account yearly for eight years :
1870.
(1,018 m.)
1871.
(1,018 m.)
1872.
(1,283 m.)
1873.
(1,399 m.)
1874.
(1,399 m.)
1875.
(1,400 m.)
1876.
(1,400 m.)
1877.
(1,413 m.)
Common Stock. . .
Preferred Stock..
$
11,422,878
10,425,103
S
11,823,496
10,825,719
S
10,825,777
13,398,554
S
15,402,144
12,271,600
S
15,399,261
12,274,483
$
15,399,261
12,274,483
$
15,399,261
12,274,484
$
15,404,261
12,279,483
Total Stock..
Funded Debt
21,847,981
18,205,573
22.649,215
18,151,339
24.224,331
23,986,023
27,673,744
26,261,500
27,673,744
27,119,610
27.673,744
27,129.000
27.673,744
30,010,500
27,683,744
29,954,500
Sundry Accounts.
C'pns & D Unpaid
650716
245,328
490,073
109,935
1,138,377
102,966
1,533,758
1,585,421
67,463
917,347
57,763
576,846
43,321
526,213
38,442
Income Account. .
265,090
1,781,801
1,458,460
826,156
1,706,140
2,747,683
1,433,645
2,359,306
Per contra : Charges on the following accounts :
1870.
(1,018 m.)
1871.
(1,018 m.)
1872.
(1,283 m.)
1873.
(1,399 m.)
1874.
(1,399 m.)
1875.
(1,400 m.)
1876.
(1,400 m.)
1877.
(1,413 m.)
Cost of Rd. & Eq.
Stocks and Bonds
W. U. R. R. Stock
Materials ....
S
38.623,679
14,000
1,500,750
307,033
$
39,700.788
89,033
1,500,750
300,212
S
47,375,529
173,771
1,500,750
410,611
|
55,337,753
183,771
1,500,750
527,115
$
54,591,871
168,771
1,500,750
701,432
S
55,022.860
355,471
1,500,750
236,9.13
S
56,277,227
365,471
1,500,750
244,721
S
56,886,833
368,171
1,500,750
199,186
Sundry Accounts.
Cash on Hand —
338,131
431,094
1,095,874
495,704
1,308,311
141,186
450,469
494,750
499,375
868,409
501,256
898,287
467,263
901.760
426,218
1,181,047
Total
41,214,689
43,182,363
50,910,158
58,494,610
58,330,608
58,525,537
59,757,192
60,562,205
The decrease in the funded debt, $56,000, is mainly due to the operations of the
sinking fund ; and the increase in capital stock, $10,000, to the issue of that amount
in exchange for that of the Milwaukee and Prairie du Chien Ry. Co.
Statement of funded debt in detail, December 31, 1877 :
Rate of
Interest.
Interest
Payable.
Date.
Year
Payable.
Amount.
Consolidated Mortgage Bonds
7 T>. c.
Jan. and July.
1875
1905
$5,861,000
First Mortgage La Cross Division Bonds. . .
Iowa and Minn. Div. Bonds.
J PC.
7
(i
«
1863
1867
1893
1897
6,600,000
3,810,000
" Prairie du Chien
8
Feb. and Aug.
1868
1898
3,674,000
Second
7V] o
"
1,315,000
First Chicago & Milw.
7
Jan. and July.
1873
1903
2,500.000
St Paul (or River)
7 gld
M
1872
1902
a 4,000,000
" Iowa & Dakota
7
((
1869
1899
640,000
" Hastv s& Dakota
7
((
1872
1902
213,000
Second Mortgage Bonds
7
April and Oct.
1864
1884
600,000
Minnesota Central Bonds
7
Jan. and July.
1864
1894
190,000
Milwaukee and Western Bonds
7
M
1861
1891
234,000
Equipment and Bridge Bonds
10
June and Dec.
1873
b 1883
219,000
Real Estate Purchase Money Bonds
7
1864
97,500
Milwaukee City Bonds
7
Mar. and Sept.
1854
C
1,000
Any of the above bonds can, at the pleasure of the holder, be exchanged at par for the consolidated
mortgage bonds, which are secured on all the property of the company, real and personal, and on the
income of the road, and have a sinking fund which provides for the ultimate jpayment of the whole
issue ; and the principal and interest are payable in gold, if at any time the U. S. legal tender currency
be increased beyond $400,000,000.
a. In gold. $1,000,000 of the amount is in Sterling Bonds of £100 each.
b. These bonds will be paid June 1, 1878.
c. The company will pay this bond on presentation.
764
EAILROAD MANUAL OF THE UNITED STATES.
Abstract of funded debt for seven years, December 31 :
1871.
1872.
1873.
1874.
1875.
1876.
1877.
1st Mort., 7 p. c. (La CrosseDiv.).
Consolidated 7 p. c ...
$
5,502,000
s
5,514,000
$
5,527,000
$
5,748,000
897,000
781,500
3,810,000
11IO.OOO
1,008,000
4,000,000
3,674,000
$
5,909,000
2,154,000
547,000
3,810,000
190,000
837,000
4,000,000
3,674,(JOO
$
6,600,000
5,710,000
2,500
3,810,000
190,000
748.000
4,000,000
3,074,000
$
6,600,000
5,861,000
8 p. c. (E. Div. Palmer).
7 (I. and M. Div.).
7 (Minn.Cen. R.R.)
7 (I. and Dak Div.)
7g. (St. Paul Div.) . .
8 (P.duChienDiv.)
7 (111. and Iowa)...
791,000
3,793.000
207,000
1,008,000
3,674,000
791,500
3,808,000
192,000
1,008,000
4,0; 0,000
3,674,000
1.485,000
1,350,000
2,500,000
1,315,000
1,191,000
20,000
233,500
234,000
148,500
21,573
781,500
3,810,000
190,000
1,008,000
4,0011,000
3,674,000
37,000
1,350,000
2,500,000
1,315,000
1,191,000
20,000
230,500
234,000
148,500
21,110
245,000
3,810,000
190,000
640,000
4,000,000
3,674,000
" (Has. and Dak.).
7 (Ch. and Mil.)...
1.350.000
2.500,000
1,315,000
1,191,000
467.000
2,500,000
1,315,000
1,091,000
234,000
2,50<',000
1,315,000
675,000
213,000
2,500,000
1,315,000
600,000
2d Mort., 7.3 (P.du Chien Div )
7 (M.&St. P.R.R.)
Income, 7 ( " " )
Milwaukee City, 7 p. c
1,315,000
1,191,000
20,000
233.500
234,000
148,500
33,839
8,500
234,000
148.500
19,110
245,000
7,500
234, OtK)
14«,500
19,110
245,000
1,500
234,000
97,500
1,000
234,000
97,500
Milwaukee and Wes. R. R., 7 p. c.
Real Estate Purchase, 7 p. c
Incumbr;mces Assumed
Equipment and Brid<re, 10 p. c. .
219,000
219,000
Total Funded Debt
18,151,539
23,986,073
26,261,500
27,119,610
•27,148,110
30,010,500
29,954,500
During the year 1877, the company built a branch from Lisbon to Necedah, Wis.,
12 miles, to accommodate the lumber traffic in that region, at a cost of $45,013.48.
Directors (elected June, 1877). — Alexander Mitchell, John Plankinton, S. S.
Merrill, Milwaukee, Wis.; Selah Chamberlain, Julias Wadsworth, Walter S.
Gurnee, Peter Geddes, Jeremiah Milbank, A. R. Van Nest, David Dows and John
M. Burke, New York City; J. Bowman, Kilbourn City, Wis.; and Geo. W. Weld,
Boston, Mass.
ALEXANDER MITCHELL, President Milwaukee, Wis.
Julius Wadsworth, Vice-President New York City.
Auditor— J. P. Whaling Milwaukee, Wis.
Chief Eng.—D. J. Whittemore. ... " "
Trans. Agent— J. M. McKinlay N. Y. City.
Paymaster— C. A. Place Milwaukee, Wis.
Gen. Pass. Agt.—A. V. H. Carpenter. "
Gen. Freight Agent— W. G. Swan. " "
Master j T. S. Davis " "
Mechanics — } J. Pattee Minneapolis, Minn.
Purchasing Agent— J. T. Crocker.Miiwaukee, Wis.
General Manager— S. S. Merrill.. Milwaukee, Wis.
Asst. Gen. Man. — John C. Gault..
Sec. and Treas. — R. D. Jennings. .
Asst. Sec —James M. McKinlay — New York City.
Gen. Solicitor — John W. Cary ____ Milwaukee, Wis.
H. C.Atkins ..........
T T> -D~«V, (C tl
Li.D.KOCK. .............
H prior .......... Minneapolis, Minn.
n...
UVO.
PRINCIPAL OFFICE AND ADDRESS Milwaukee, Wis.
Transfer Office No. 68 William Street, New York City.
MADISON AND POSTAGE KAILKOAD.
Line of Road. — Madison, Wis., to Portage City, Wis 39 miles.
Sidings, etc., not reported. Gauge, 4 feet 8$ inches. Rail, 50 Ibs.
This company was chartered as the Sugar River Valley R. R. Co., to build a
road from Madison to Bayfield, March 29, 1856. The line between Madison and Por-
tage was incorporated as a separate company under its present title February 25,
1970. The road was opened in 1870, and is operated by the Chicago, Milwaukee
and St. Paul Ry. Co., but the terms under which it is operated are not given.
BAILED AD MANUAL OF THE UNITED STATES. 765
Rolling Stock.— Furnished by C. M. and St. P. Ry. Co.
Operations for year ending December 31, 1877. — Included in returns of C., M. and
St. P. Ry. Trains run, 26,321 miles. Freight moved, 7,444 tons. Earnings from
passengers, $12,406.69 ; from freight, etc., $28,456.31— total, $40,863. Operating ex-
penses, $33,546.69.
Financial Statement, December 31, 1877.— Capital stock, $394,300 ; funded debt,
$600,000— total, $994,300. Per contra : Cost of construction, $920,990.
JAMES CAMPEELL, President Madison, Wis.
Gen. Manager— S. S. Merrill Milwaukee, Wis. | Secretary— A. S. Sanborn . .' Madison, Wis.
PRINCIPAL OFFICE AND ADDRESS Madison, Wis.
OSHKOSH AND MISSISSIPPI KAILKOAD.
Line of Road. — Oshkosh, Wis., to Ripon, Wis 20 miles.
Sidings not reported. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
This company was chartered March 30, 1866, with authority to build a road from
Oshkosh to the Mississippi River. It was completed to its present terminus in 1871,
and leased to the Chicago, Milwaukee and St. Paul Ry. Co., from January 1, 1872, at
an annual rental of 35 per cent, of the gross earnings.
Rolling Stock. — Furnished by lessees.
Operations for year ending December 31, 1877. — Included in lessees's report.
Company's proportion of earnings — from passengers, $3,636.77; from freight,
$6,266.15— total, $9,902.92. This proportion would make the gross earnings, $28,294,
of which $18,391,08 go to lessees.
Financial Statement, December 31, 1877.— Not reported.
Oilicers, etc. — Same as Chicago, Milwaukee and St. Paul Ry. Co.
CHIPPEWA FALLS AND WESTERN EAILEOAD.
Line of Road. — Chippewa Falls, Wis., to Eau Claire, Wis 10.33 miles.
Sidings, etc., 0.5 mile. Gauge, 4 feet 8£ inches. Rail, 65 Ibs., steel.
This road was opened December 25, 1874.
Rolling Stock. — None. Furnished by the West Wisconsin R. R. Co.
Operations for year ending September 30, 1877. — Trains run — 19,344 miles. Pas-
sengers carried, 38,400 ; carried one mile, 384,000. Freight moved, 6,491 ; moved one
mile, 384,000 tons. Earnings from passengers, $16,851.88 ; from freight, $10,436.98 ;
miscellaneous, $730.62— total, $28,019.48. Operating expenses, $14,285.60. Balance—-
net earnings, $13,733.88. Payments — interest on funded debt, $10,087; on floating
debt, $2,151.64.
General Balance, September 30, 1877.
Construction $180,413 53
Miscellaneous Accounts 1,919 21
$182,332 74
Capital Stock $30,550 00
Funded Debt, etc. . . , 111,350 CO
Unsecured Debt, etc 40,432 74
$182,332 74
766
KAILKOAD MANUAL OF THE UNITED STATES.
The statement in the general balance shows the amount received for stocks, bonds,
etc. The capital stock outstanding is $143,200 ; funded debt, $131,000 ; floating debt,
$13,336.03; making a total of stock, bonds and debt, of $287,536.03.
The funded debt consists of 1st mortgage bonds, payable in 1904.
Directors (elected November 26, 1877). — Horace Thompson, St. Paul, Minn. ; T.
C. Pound, L. C. Stanley, H. S. Allen, D. E. Seymour, E. D. Stanley, Cbippewa
Falls, Wis. ; W. P. Bartlett, Eau Claire, Wis.
HORACE THOMPSON, President St. Paul, Minn.
Sec. & Treas.— L.C.Stanley. Chippewa Falls, Wis. | Managing Dir.— T. C. Pound. Chippewa Falls,Wis.
PRINCIPAL OFFICE AND ADDRESS .' . . .Chippewa Falls, Wis.
FOND DU LAC, AMBOY AND PEOKIA EAILEOAD.
Line of Road. — Fond du Lac, Wis., to Iron Ridge, Wis 30 miles.
Sidings, etc., 1 mile. Gauge, 3 feet. Rail, 30 Ibs.
This road was opened during the year 1877, but no statement of operations or
financial condition is furnished.
H. W. BOARDMAN, President and Manager Fond du Lac, Wis.
PRINCIPAL OFFICE AND ADDRESS Fond du Lac, Wis.
GALENA AND SOUTHEEN WISCONSIN EAILEOAD.
Line of Road. — Galena, 111., to Platteville, Wis 30 miles.
Sidings, etc., 1 mile. Gauge, 3 feet. Rail, 35 Ibs. per yard.
This company was chartered March 2, 1857, and the road opened January 1, 1875.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 1 ; freight, 27.
Operations for year ending September 30, 1877. — Trains run, 18,000 miles. Pas-
sengers carried, 8,458. Freight moved, 7,968 tons. Earnings from passengers, $5,-
357.40; from freight, etc., $13,332.22— total, $18,689.62. Operating expenses, $12,-
564.73 ; net earnings, $6,125.89.
Financial Statement, September 30, 1877. — Share capital authorized, $325,000 ;
paid in, $178,447.91 ; funded debt, $252,000 ; floating debt, $64,683.11— total stock,
bonds and debt, $495,131.02. Per contra : Cost of railroad and equipment, $480,191.20.
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal,
When Due.
Amount
Authoiized.
Amount
Outstand-
ing.
1st Mortgage, gold
Oct. 1, 1872
7 p c
\pr and Oct
Oct 1 1892
$660 000
[$252,000
It is intended ultimately to extend the road to Wingville.
EAILBOAD MANUAL OF THE UNITED STATES.
767
Directors.— R. Barrett, W. H. Blewitt, D. Rocbford and D. Hunkins, Galena,
111.; M. Murphy, Benton, Wis.
R. BARRETT, President Galena, 111.
Superintendent— R. Crabtree Galena, 111. | Secretary— S. O. Stillman Galena, m.
PRINCIPAL OFFICE AND ADDRESS Galena, 111.
GREEN BAY AND MINNESOTA RAILWAY.
Line of Road. — Green Bay, Wis., to Winona, Minn 213.9 miles.
Sidings, 12 miles. Gauge, 4 feet 8| inches. Rail, 52 Ibs.
Chartered April 12, 1866, as Green Bay and Lake Pepin Ry. Co. ; present title
taken September 5, 1873. Road opened December 18, 1873. The company also uses
under lease a part of the La Crosse, Trempeleau and Prescott R. R., from Winona to
La Crosse, 29.7 miles.
Rolling Stock. — Locomotive engines, 16. Cars — passenger, 11 ; baggage, 3 ;
freight — box, 375 ; and flat, 125 — total, 514. Also, 4 service cars and 10 snow-plows.
Operations for year ending September 30, 1877. — Trains run — passenger, 152,596 ;
freight, 148,884 ; other, 53,496— total, $354,976 miles. Passengers carried, 55,505 ;
carried one mile, 2,301,267. Freight moved, 96,907 ; moved one mile, 11,834,301 tons.
Earnings.
From Passengers $86,171 76
" Freight 217,80897
" Mail, Express, etc 26,78335
Expenditures.
For Maintenance of Way $56,067 64
44 EollingStock 46.87284
" Transportation 195,782 89
$330,794 08 $297,723 37
Balance — net earnings, $33,070.71. Included in operating expenses are $3,191.42,
paid for taxes and insurance, and $32.771.82 as rental for use of LaC., T. and P. R. R.
The payments were — for construction, etc., $36,079.16. The interest on the funded
debt was $176,236. 19.
General Balance, September 30, 1876.
Eoad and Equipment $12,230.565 43
Interest Account 1,107,988 80
Sundry Accounts
Profit and Loss Account.
139,656 26
165,442 79
Capital Stock $7,938,900 00
Funded Debt 3,979,000 00
Floating Debt 1,279,948 04
Sundry Accounts 445,805 24
$13,643,653 28 I $13,643,653 28
The net cash realized from bonds was $2,967.480. The second mortgage bonds
were issued to fund coupons of 1st mortgage bonds.
Statement of funded debt in detail :
Character of Bonds.
Date of
Bonds.
Kate.
Interest
Payable.
Principal,
When Due.
Amount
Authorized.
Amount
Outstanding.
1st Mortgage. . .
Auo-. 1, 1870.
7g'ld.
Aug. and Feb.
Aug. 1,1900.
$3,200,000
$3,200,000
2d "il$ae
Sept. 1, 1873.
8 cur.
May and Nov.
Nov. 1, 1893.
2,100,000
779,000
768 EAILKOAD MANUAL OF THE UNITED STATES.
Since the close of the fiscal year, the road has been placed in the hands of a Re-
ceiver. No later general balance sheet than the above is given.
Directors (elected April 1, 1878). — Henry Ketchum, New London, Wis. ; D. M.
Kelly, John I. Blair, Blairstown, N. J. ; B. G. Clark, Jersey City, N. J. ; W E.
Dodge, Moses Taylor, P. R. Pyne and E. F. Hatfield, Jr., New York City.
HENRY KETCHUM, President New London, Wia.
Timothy Case, Receiver and Gen. Manager Green Bay, "
Treasurer— W. R. Hancock Green Bay, Wis. | Su2)erintfndent—S. B. Hendrick.. Green Bay, Wis.
PRINCIPAL OFFICE AND ADDRESS Green Bay, Wis.
MILWAUKEE, LAKE SHOEE AND WESTEKN KAILWAT.
Line of Road. — Milwaukee, Wis., to New London, Wis 140.70 miles.
Branch : Manitowoc, Wis., to Two Rivers, Wis 6.00 "
Total length of line in operation 146.70 miles.
Sidings, 5.20 m. Gauge, 4 ft. &-£ in. Rail, 50 to 60 Ibs. Steel rails, 21 m.
Consolidation of the Milwaukee, Manitowoc and Green Bay and the Appleton and
New London Ry. Cos. (chartered respectively March 10, 1870, and April 9, 1866),
under the name of Milwaukee, Lake Shore and Western R. R. Co. That company
made default on the interest on its bonds, December, 1873, and was sold under fore-
closure December 10, 1875, when the present company was organized. The road was
opened to Appleton September 18, 1873, and to New London December 10, 1876.
Rolling Stock. — Locomotive engines, 12. Cars — passenger, 5 ; baggage, mail,
etc., 6; freight (box, 157; platform, 55), 212 — total revenue cars, 223. Also, 4 ca-
boose and 45 hand cars.
Operations for year ending September 30, 1877. — Trains run — passenger, 87,185 ;
freight, 140,096 ; other, 71,499— total, 298,780 miles. Passengers carried, 66,266 ; car-
ried one mile, 2,110,044. Freight moved, 97,900 ; moved one mile, 6,036,483 tons.
Earnings.
From Passengers $71,828 14
" Freight 131,278 61
" Mail, Express, etc 10,824 09
Expenditures.
For Maintenance of Way $39,592 64
" Kolling Stock. ' 10,39726
" Transportation, etc 113,522 37
§163,512 27
Balance — net earnings, $50,418.57. Included in operating expenses are taxes
and insurance, $1,274.24. Payments — interest on funded debt, $33,145. New equip-
ment, etc., $52,364.37; construction, $161,550.22 — making a total of new investment,
$213,914.59.
The gross earnings for the year 1873 were $90,270 30 ; operating expenses, $52,-
292:95 ; net earnings, $37,977.35. For the years 1874 and 1875 operations were not
reported, as the road was in hands of trustees or undergoing foreclosure. Earnings
in 1876, $200,372.41; operating expenses, $142,893.36.
Financial Statement, December 31, 1876.— In the original company, the capital
stock was $1,000,000 and the funded debt $3,000,000. In the reorganization the
KAILROAD MANUAL OF THE UNITED STATES.
769
capital stock was fixed at $6,000,000— $5,000,000 of which is preferred and $1,000,000
common. The company are also authorized to issue $750,000 of bonds. The cost of
the "road to the new company was the face of the outstanding bonds, with expenses
of foreclosure.
General Balance, September 30, 1877.
Construction and Equipment $6,675,239 54
Preferred Stock (in Trust) 55,749 84
Materials 4,32542
Sundry Dues 6,534 60
Cash on Hand
8,397 53
Capital Stock, Common $5,000,000 00
" " Preferred 1,000,00000
Funded Debt 533,00000
Bills Payable, etc 167,147 83
Income Account 50,099 10
$6,750,246 93 $6,750,246 93
Included in the length of line above stated are 4.6 miles of the Northwestern
Union Ry., from Milwaukee to Junction, for which 75 per cent, of the gross earnings
of that portion are paid as rental. During the year the funded debt was increased
$85,000, and the construction account $84,584.
Statement of funded debt in detail, September 30, 1877 :
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal,
When Due.
Amount
Authorized.
Amount
.Outstand'g.
1st Mortgage
Dec. 20, 1875.
7 cur.
June and Dec.
Dec. 1, 1905.
$750000
$533 000
Directors (elected June 13, 1877).— F. ,W. Rhinelander, W. H. Guion, M. K.
Jesup, Adam Norrie, H. B. Hammond, Lawrence Wells, S. S. Sands, Chas. Dana,
Gordon Norrie, and W. K. Hinman, New York ; D. Parish, Philadelphia, Pa. ;
Isaac H. Knox, St. Louis, Mo. ; Joseph Vilas, Manitowoc, Wis. ; and James H. Mead,
Sheboygan, Wis.
F. W. RHINELANDER, President New York City.
W. H. Guion, Vice-President , " "
Treasurer— Gordon Norrie New York. Gen. Frt. and) TT -n, w^*™™^ TW-I i Tm
Secretary-S. S. Sands " " Tkt. Agt.— \ H' p- Whltcomb, Milwaukee, Wis.
Supt. and trr O TT Rppfl TVfilwnnVpp Wi« \ Assistant Supt.— 3 . Donahue Miantowoc, "
Purch . Agent- \ u' *» • u ee' Wl8' | Master Mech.-S. Charnley " "
PRINCIPAL OFFICE AND ADDRESS 438 East Water St., Milwaukee, Wis.
MINEKAL POINT BAILKOAD.
Line of Road. — Mineral Point, Wis., to Warren, 111 33 miles.
Branch: Calamiue, Wis., to Platteville, Wis 18 "
Total length of line owned and operated 51 miles.
Sidings, etc., 5 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
This company was chartered April 17, 1852, and the road opened in May, 1857.
Rolling Stock. — Locomotive engines, 5. Cars — passenger, 5 ; baggage, mail,
etc., 2; freight, 52 — total revenue cars, 59.
770 KAILROAD MANUAL OF THE UNITED STATES.
Operations for year ending September 30, 1877 — Trains run, 72,612 miles. Pas-
sengers carried, 30,338 ; carried one mile, 606,670. Freight moved, 63,396 tons.
Earnings.
From Passengers $22,219 98
" Freight, etc 99,31850
$121,538 48
Expenditures.
For Maintenance of Way $27,048 05
" Transportation, etc 56,854 15
$83,902 20
Balance — deficit, $37,636.28. Included in operating expenses are $73,70 for
taxes. Interest on funded debt, $32,000.
Financial Statement, September 30, 1877. — Capital stock, $1,200,000; and
funded debt, 1st mortgage 10 per cent, bonds, dated December 21, 1868, interest
January and July, and principal January 1,1890, $320,000; ; floating debt, $113, ~
794.65 — total stock and bonds, $1,633,794.65. Per contra; Cost of road and rolling
stock, $1,131,475.
The original road was sold under foreclosure, and reorganized November 12,
1861. The above financial statement represents the cost to reorganized company.
Directors (elected July 3, 1877).— -Luther Beecher, Detroit ; G. W. Cobb, C.
Spensley and M. M. Cothren, Mineral Point, Wis. ; G. L. Beecher, Canada.
LUTHER BEECHER, President and Treasurer Detroit, Mich.
Superintendent George W. Cobb. | Secretary and Auditor C. Spensley.
PRINCIPAL OFFICE AND ADDRESS Mineral Point, Wis.
NOETH WISCONSIN EAILEOAD. (In Progress.)
Line of Road.— Hudson, Wis, , to Bay field, Wis 200. 0 miles.
In operation : Hudson to Richmond, Wis 42.5 "
The portion of the line in use was opened October 1, 1875, but no statement of
operations, financial condition or officers is furnished. It is operated in connection
with the St. Paul, Stillwater and Taylor's Falls R. R.
PRINCIPAL OFFICE AND ADDRESS St, Paul, Minn.
PINE EIVEE VALLEY AND STEVENS POINT EAILEOAD.
Line of Road.— Richland Centre, Wis., to Lone Rock, Wis 16 miles.
Sidings, etc., 1 mile. Gauge, 3 feet. Rail, 30 Ibs,
Incorporated August 5, 1872, and the road opened August 10, 1876.
Rolling Stock. — Locomotive engines, 1. Cars — passenger, 1 ; baggage, etc., 1 ;
freight, 12 — total, 14 cars.
Operations for year ending September 30, 1877. — Earnings from passengers,
$2,145.53; from freight, $10,869.48; miscellaneous, $1,747.05— total, $14,762.06.
Operating expenses, $14,182.10; balance, net earnings, $579.96. Disposition of net
earnings not reported.
RAILROAD MANUAL OF THE UNITED STATES.
771
Financial Statement, December 31, 1876.— Capital stock, $50 ; funded debt,
$20,000 ; floating debt, $6,372.62— total, $26,422.62. Per contra : Cost of road and
equipment, $75,007.56. The funded debt consists of 1st mortgage 10 yer cent, bonds,
dated August 3, 1876, and payable in two years from date.
GEO. KROUSKOP, President Richland Centre, Wis.
Secretary— A. E. Eastland. Richland Centre. | Superintendent — N. L. James Richland Centre.
PRINCIPAL OFFICE AND ADDRESS Richland Centre, Wis.
PRAIBIE DU CHIEN AND McGKEGOE RAILWAY.
Line of Road. — Prairie du Chien, Wis., to McGregor, Iowa 1.75 miles.
Second track, 0.5 mile. Gauge 4 feet 8-J- inches. Rail, 56 Ibs.
This road consists of a bridge over the Mississippi River, with two pontoon
draws. It was completed April 15. 1874.
Operations for year ending September 30, 1877. — Gross receipts, $38,410.75;
operating expenses, $34,449.20; net earnings, $9,448.80.
Financial Statement, September 30, 1877. — Capital stock, $100,000, representing
cost of construction.
JOHN LAWLER, President Prairie du Chien, Wis.
Superintendent— S. E. Faniham.. Prairie du Chien. | Sec. and Treas. — D. Lawler Prairie du Chien.
PRINCIPAL OFFICE AND ADDRESS Prairie du Chien, Wis.
SHEBOYGAN AND FOND DU LAC KAILKOAD.
Line of Road. — Sheboygan, Wis., to Princeton, Wis. 79 miles.
Sidings and other tracks, 4 miles. Gauge, 4 feet 8-J inches. Rail, 46 to 60 Ibs.
Company formed March 2, 1861, by reorganization of Sheboyan and Mississippi
R. R. Co., chartered March 8, 1852. Road opened to present terminus in 1872.
Rolling' Stock. — Locomotive engines, 5. Cars — passenger, 6; baggage, mail and
express, 6 ; and freight (box, 75 ; platform, 68), 143 — total, 155. Also, 12 service cars.
Operations for year ending September 30, 1877. — Trains run — passenger, 54,634;
freight, etc., 61,040 — total, 115,674 miles. Passengers carried, 42,712; carried one
mile, 652,767. Freight moved, 42,671 tons ; moved one mile, 3,371,009 tons.
Earnings.
Prom Passengers $34,070 69
" Freight, etc 67,17434
Expenditures.
For Maintenance of Way ... $19.269 20
" Transportation, etc , 61,592 40
$101,245 03 . $80,861 60
Balance — net earnings, $20,383.43. Payments— construction, etc., $1,801.88.
772 KAILROAD MANUAL OF THE UNITED STATES.
Abstract of operations for six years :
Fiscal Tears.
Miles
R. R.
Passen-
gers,
Mileage.
Freight,
Tons.
Mileage.
Gross
Earnings.
Net
Earnings.
1872
45.5
32,313
1,421,772
34,321
1,510,124
$79,480 65
$23,624 39
1073
78.4
62,214
T2,239,704
59,188
1,715,610
135,777 28
3,686 96
-| Q74
78.4
62,641
43.046
115,109 39
1 874 75
78.4
56,300
1,957,100
53,214
2,128,560
100,221 81
1875-76
78.4
S 45,558
761,370
78,554
3,142,160
130,013 55
22,269 20
1S7R 77 .. ••
79.
42,712
652,767
42,671
3,371,009
101,245 03
20383 43
Financial Statement, September 30, 1877.— Capital stock, $1,392,800; funded
debt, $1,600,000 ; floating debt, $52,797.68 ; other liabilities, $160,242,37— total stock,
bonds and debt, $3,207,940.05. Per contra: Cost of construction, $2,763,317.44 ;
equipment, $210,887.11; stocks and bonds, $108,775 ; cash and other assets, $127,-
960.50 — total cost of construction, equipment, etc. $3,207,940.05.
Statement of funded debt in detail :
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal,
When Due.
Am't Au-
thorized.
Am't Out-
standing.
1864.
7
April and Oct
June 1 1884
$750 000
$750 000
1st "
1871.
8
June and Dec
Oct 1 1896
850 000
850 000
Directors (elected January 17, 1877).— A. G. Ruggles, Fond du Lac, Wis. ; Edwin
Slade, Glenbeulah, Wis. ; D. L. Wells, E. Mariner, Milwaukee, Wis. ; J. F. Joy,
Detroit, Mich. ; Moses Taylor and R. G. Rolston, New York City.
D. L. WELLS, President Milwaukee, Wis.
Superintendent— Geo. P. Lee. . .Fond du Lac, Wis.
Treasurer — A. G. Ruggles " "
Secretary— Edwin S'ade Fond du Lac, Wis.
Purchasing Agent— G.~P. Lee.. " "
PRINCIPAL OFFICE AND ADDRESS Fond du Lac, Wis.
WESTERN UNION RAILROAD.
Line of Road.— Racine, Wis., to Rock Island Junction, 111 192.00 miles.
Branches: J Elkh<>™, Wis., to Eagle, Wis 16.50 "
( Watertown to Coal Mines 4.25 "
Total length of main and branch lines owned by company 212.75 miles.
Sidings and other tracks, 23.6 miles. Gauge, 4 feet 8$ inches. Rail, 56 Ibs.
Consolidation January 17, 1866, of Racine and Mississippi R. R. Co., chartered
April 17, 1852, and Northern Illinois R. R. Co., chartered February 29, 1859. Road
opened January 14, 1866. The majority of stock is owned by the Chicago, Milwaukee
and St. Paul Railway Co., but its operations are separately reported.
RAILROAD MANUAL OF THE UNITED STATES.
773
Rolling1 Stock. — Locomotive engines, 39. Cars— passenger, 14; baggage, mail
and express, 13 ; freight (box and caboose, 410 ; stock, 60 ; platform, 50 ; coal, 82), 602
— total revenue cars, 629. Also, 4 service cars.
Operations for year ending December 31, 1877. — Trains run — passenger, 294,-
546; freight, 824,391 ; service, 23,565— total, 842,502 miles. Passengers carried, 228,-
566 ; carried one mile, 6,164,509. Freight moved, 455,065 tons ; moved one mile,
44,628,585 tons.
Earnings.
From Passengers. $214,174 44
" Freight 767,925 11
" Mail, Express, etc 42,959 24
Expenditures.
For Maintenance of Way $127,771 65
" Rolling Stock 116,11859
" Transportation, etc 445,129 19
$1,025,058 79 $699,019 43
Balance— net earnings, $326,039.36. Included in operating expenses are $117,-
112, extraordinary expenses. Payments from net earnings — interest on funded debt,
$2-15,000; equipment, $33,900 ; right of way, $1,476.97; Racine Warehouse and
Dock Co., $24,870.02; interest and exchange, $4,653.51— total, $309,900.50. Balance
surplus, $16,138.86.
Abstract of operations for seven years :
Fiscal
Years.
Miles
R. R.
Passen-
gers.
Mileage.
Freight,
Tons.
Mileage.
Gross
Earnings.
Net
Earnings.
1871
196 5
190059
234,867
$842,169
$203,796
1872
198.5
190,742
*323,391
246,578
*323,391
847,111
144,151
IS73
212 41
199 609
*357 610
245,885
*357,610
854,374
146,594
1874
212.41
213,520
5,862,040
412,670
46,412,248
1,123,108
354,944
1875
212.75
216,390
5,819,042
451,868
50,756,843
1,160,430
330,142
1876
212 75
249,957
6,308.121
434,584
44,026,192
1,047.915
248,546
1877
212 75
228,566
6,164,509
455,065
44,628,585
1,025,059
326,039
* Train mileage of all kinds.
General Balance, December 31, 1877.
Construction $7,000,000 00
Equipment 318,114 22
Branches, Extensions, etc 751,331 71
Materials 57,531 71
Miscellaneous 9,260 20
BalancesDue 7,02375
Capital Stock $4,000,00000
Funded Debt 3,500,000 00
Floating Debt 56,379 20
Ch., M. and St. P. Railway Co 108,680 67
Miscellaneous 122,568 30
Income Account... 355,63342
_ 3,143,261 59 J $8,143,261 59
The funded debt consists of 1st mortgage 7 per cent, bonds, due Feb. 1, 1896.
Directors (elected 1877).— W. S. Gurnee, New York ; S. S. Merrill, Alexander
Mitchell, Hans Crocker, J. W. Gary, J. L. Mitchell, John Johnston and John Plankin-
ton, Milwaukee, Wis.; H. T. Fuller, Racine, Wis.; E. P. Barton, Freeport, 111.; D.
W. Dame, Lanark, 111.
ALEXANDER MITCHELL, President Milwaukee, Wis.
S. S. Merrill, Vice-President " "
Secretary and Treasurer F. G. Ranney. A uditor P. Tyrrell.
General Superintendent D. A. Olin. Freight and Ticket Agent Frederick Wild.
PRINCIPAL OFFICE AND ADDRESS Racine, Wis.
774
BAILED AD MANUAL OF THE UNITED STATES.
WEST WISCONSIN KAILWAY.
Line of Road.— St. Croix Lake, Wis., to Elroy, Wis . . 177.5 miles.
Sidings, etc., 8.5 miles. Gauge, 4 feet 8£ inches. Bail, 50 and 60 Ibs.
This company was chartered in April, 1863, and the road opened December 1,
1872. The Chippewa Falls and Western and the North Wisconsin R. Rs. are oper-
ated in connection with this road, which also connects with the C. and N. W. Ry. at
Elroy. The company also leases the right to use the line of the Stillwater and St.
Paul R. R.,25.7 miles, to reach St. Paul. The company made default on the interest
due January 1, 1875, and was during the year in the hands of a Receiver.
Boiling* Stock. — Locomotive engines, 18. Cars — passenger, 14; baggage, mail
and express, 7 ; freight (box, 70 ; and platform, 87), 157 — total, 178. Also, 1 pay car
and 33 hand cars.
Operations for year ending September 30, 1877. — Trains run — passenger, 216,063 ;
freight, etc., 323,490 — total, 539,553. Passengers carried, 118,085 ; carried one mile,
7,083,919. Freight not reported.
Earnings.
From Passengers $229,005 68
" Freight, etc 478,94755
" Mail, Express, etc 31,98371
Expenditures.
For Maintenance of Way $185,043 63
" Rolling Stock 74,58433
" Transportation, etc 292,26548
$739,836 94 $551,893 44
Balance — net earnings, $187,943.50. Payments — taxes, $27,689.08; interest and
exchange, $4,726.19 ; rent of North Wisconsin R. R., $10,599.96 ; do. St. P., S. and
T. F. R. R., $12,622.32— total, $55,637.55.
Abstract of operations for four years :
Fiscal Years.
Miles
K. R.
Gross
Earnings.
Net
Earnings.
Fiscal Years.
Miles
R. R.
Gross
Earnings.
Net
Earnings.
1872...
177.5
$549,644 67
$263,828 93
1875...
177.5
$803,100 09
$62,536 00
1873
177.5
923,470 64
315,993 17
1876
177 5
842,528 08
211,075 63
1874
177.5
884,920 10
187,812 56
1877
117 5
739,836 94
187,943 50
General Balance, September 30, 1876.
Construction and Equipment $10,132,845 76
Operating Assets 169,308 77
Other Assets.., 1,356,23417
$11,658,388 70
Statement of funded debt in detail :
Capital Stock $5,000,000 00
Funded Debt 5,284,688 00
Floating Debt : 1,262,588 85
Miscellaneous 111,111 85
$11,658,388 70
Character of Bonds.
1st Mortg. Land Grant (gold).
Funded " "
South'n Ex. 1st Mortg. (gold).
Funded "
Consolidated Gold Bonds. . .
Date of Bonds.
Rate.
Interest
Payable.
Principal
Payable.
Amount
Auth'ized
Amount
Outi*'ding
1868, '70, '71, '72.
7
J. and J.
15 Years.
$4,000,000
$3,676,500
668,304
March, 1872.
7
J. and J.
July 1, 1902.
640,000
640,000
114,784
May 1, 1873.
7
M. and N.
1903.
.2,500,000
185,100
The above is the latest balance sheet issued by the company. The Receiver's
general balance shows a floating debt of $155,172.74.
KA1LKOAD MANUAL OF THE UNITED STATES.
775
Since the close of the fiscal year, a reorganization of the company was made by
the sale of the property under foreclosure March 1, Ib78. A plan of reorganization
has been adopted, and the new company is named the Chicago, St. Paul and Minne-
apolis R. R. Co.
Land Grants.— The company have a land grant under the Act of Congress, ap-
proved June 3, 1356, and May 5, 1864, granting 6,400 acres to a mile of road. These
grants called for 999,983.38 acres. Up to June 30, 1876, 796,912.51 acres had been
certified to the company. By a special Act of the Wisconsin Legislature a release of
all taxes on these lands was granted until 1884.
H. H. PORTER, Agent for Purchasers Chicago, 111.
W. H. Ferry, Receiver
Treasurer— W. H. S. Wrieht Hudson, Wis. Gen. Frt. & Pass. Afff-.—V. B. Clarke.. St. Panl, Min.
Gen. Superintendent— ~E. H. Winter.. " " Auditor— E,. D. W. Young Hudson, Wis.
Sec. and Land Com H. H. Weakley, Hudson, Wis.
PRINCIPAL OFFICE AND ADDRESS Hudson, Wis.
WISCONSIN CENTEAL BAILKOAD.
Line of Road. — Menasha, Wis., to Ashland, Wis 249.30 miles.
Branch : Stevens Point to Portage City, Wis 71.20 "
Leased: Milwaukee and Northern R. R. . ,.129.00 "
Total length of line owned, leased and operated 449.50 miles.
Sidings, etc., 23.5 miles. Gauge, 4 feet 8i inches. Rail, 54 and 57 Ibs.
This company was chartered in 1853, and the road was completed in 1876.
Rolling Stock. — Locomotive engines, 24. Cars — passenger, 17 ; baggage, mail
and express, 17 ; and freight (box, 276 ; platform, 272 ; stock, 10 ; other, 40), 598 —
total revenue cars, 632. Also, 2 service cars.
Operations for year ending December 31, 1877. — Trains run — passenger, 343,133 ;
freight, 358,068 ; other, 27,381— total, 728,582 miles. Passengers carried, 149,887 ; car-
ried one mile, 5,581,586. Freight moved, 229,996 tons ; moved one mile, 23,968,360 tons.
Earnings.
From Passengers $192,160 27
" Freight 483,99650
" Mail, Express, etc 38,27302
$714,429 79
Expenditures.
For Maintenance of Way $122,784 45
" Rolling Stock 60,28812
" Transportation, etc 419,464 15
$602,536 72
Balance— net earnings, $111,893.07. The ^rental of the leased line, $145,806.43
is included in operating expenses.
The annual interest account amounts to $402,605. An arrangement was proposed
and is in progress for funding a portion of the company's coupons.
776 BAILBOAD MANUAL OF THE UNITED STATES.
Abstract of operations for five years :
Fiscal Years.
Miles
R. R.
Passen-
gers.
Mileage.
Freight,
Tons.
Mileage.
Gross
Earnings.
Net
Earnings.
1872
130
$131 793 19
$63 777 91
1873
320
77,709
40,652
181,819 76
81 239 20
1874
323
148,608
5,340,070
189,492
14,730,688
596,550 43
222 873 81
1875
351
145,597
5,206,225
20-2,383
19,250 729
632664 88
252 658 54
1875-76
355
167,135
5,960,952
215,463
21,647,694
709,935 69
297,733 73
1877
449
149,887
5,581,586
229,996
23,968,360
714,429 79
111,893 07
General Balance, December 31, 1875.
Construction and Equipment $7,551,206 26
Sundry Accounts 160,393 74
Capital Stock $1,900,100 00
Funded Debt 5,751,500 00
BillsPayable 66,000 00
$7,717,600 00
No later balance sheet is furnished.
Statement of funded debt in detail, December 31, 1875:
$7,717,600 00
Character of Bonds.
Date of Bonds.
Rate.
Interest
Payable.
Principal,
When Due.
Amount
Authorized.
Amount
Issued.
1st Mortg. Land Grant I
and Sinking Fund. j
July 1, 1871.
7 p. c.
gold.
Jan & July.
1901.
$25,000 per
mile.
:$5,751,500
The road was built by the Phillips and Colby Construction Company, and was
not turned over to the R. R. Co. until after the close of the fiscal year. The accounts
with the Construction Co. were not adjusted, and no financial statement can be made
until that is completed.
Land Grant. — The company have a land grant of over 800,000 acres. Of these
lands there had been certified to the company to July 1, 1877, 398,865.73 acres, and
when the remainder of the road is built they will receive upwards of 400,000 acres more.
The timber as well as the land when sold can only be used for creating a sink-
ing fund for the payment of the bonds or their liquidation.
Directors (elected May 30, 1878).— Samuel Gould, W. T. Glidden, and J. W.
Converse, Boston, Mass. ; Elijah B. Phillips, H. L. Palmer, Edwin H. Abbott and
Charles L. Colby, Milwaukee, Wis. ; E. E. Barney, Dayton, 0. ; and M. Wadleigh,
Stevens Point, Wis.
CHARLES L. COLBY, President and Land Com'r. .Milwaukee, Wis.
Sec. and Treas.— Edmund H.Abbott. . Boston,Mass.
Superintendent — E. Bacon Milwaukee, Wis.
Gen. Tkt. Agt,—H. Pratt " "
Gen. Manager— Elijah B. Phi)lipe..M51wankee, Wis.
Master Mach.—G. Campbell — Stevens Point, *'
Gen. Frt. Agt.—M.. II. Riddell.. . .Milwaukee, "
PRINCIPAL OFFICE AND ADDRESS Milwaukee, Wis.
MILWAUKEE AND NOETHEEN EAILWAY.
Line of Road. — Milwaukee, Wis!, to Green Bay, Wis 113 miles.
Branch line : Junction, Wis. , to Menasha, Wis 16 "
Total length of main and branch line 129 miles.
Sidings and other tracks, 4 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
RAILROAD MANUAL OF THE UNITED STATES.
777
Opened November 25, 1872. Leased to Wisconsin Central R. R. Co. The com-
pany uses 9 miles of the C., M. and St. P. Ry., under rental.
Rolling1 Stock. — Furnished by lessees.
Operations. — Included in lessees' returns. Lease rent, 40 p.cent. of gross earnings.
Financial Statement, December 31,1873.— Capital stock, $2,014,700 ; funded debt,
$2,134,000 ; floating debt, $152,129.34— total, $4,300,829.34. Cost of road, $4,300,829.34.
Statement of funded debt in detail :
Character of Bonds.
Date of
Bonds.
Interest,
When Payable.
Principal
Payable.
Amount
Authorized.
Amount
Outstand'g.
1st Mortgage 8 p. c. currency —
Dec. 1, 1870.
June 1 & Dec. 1.
1809.
$3,500,000
$2,134,000
The above is the latest statement furnished of the condition of this company.
The rental paid for year ending September 30, 1877, was $145,806.43.
Officers. — Same as lessees.
PRINCIPAL OFFICE AND ADDRESS Milwaukee, Wis.
WISCONSIN YALLEY KAILKOAD.
Line of Road.— Tomah, Wis., to Wausau, Wis 89.9 miles.
Sidings, etc., 11.5 miles. Gauge, 4 feet 8i inches. Rail, 50 Ibs.
This company was chartered October 3, 1856, and the road opened Nov. 9, 1874.
Rolling1 Stock. — Locomotive engines, 5. Cars — passenger, 4 ; mail, 2 ; freight,
270— total, 276. Also, 10 hand cars.
Operations for year ending'September 30, 1877.— Trains run— passenger, 56,340 ;
freight, etc., 79,040— total, 135,380 miles. Passengers carried, 35,825; carried one
mile, 918,983. Freight moved, 74,644 ; moved one mile, 5,205,355 tons.
Earnings,
From Passengers $44,064 39
" Freight, etc 133,843 40
Expenditures.
For Maintenance of Way . .$38,232 94
" Transportation, etc 69,911 37
$177,907 79
Balance— net earnings, $69,763.48. Payments— not reported.
General Balance, September 30, 1877.
$108,144 31
Construction $1,771,848 09
Equipment 265,764 53
Coupon Account 299,89864
Sundry Items 149,766 47
$2,487,277 73
Statement of funded debt in detail :
Capital Stock $60,000 00
Funded Debt 1,789,064 31
Unpaid Coupons 419,33200
Operating Accounts, etc 218,881 43
$2,487,277 73
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal,
When Due.
Amount
Authorized.
Amount
Outstanding.
1st Mortgage
Mar 1 1873
g
Mar and Sept
Mar 1 1893.
$1,790,000
$1,789,064.31
778
RAILROAD MANUAL OP THE UNITED STATES.
Directors (elected January 19, 1878.— N. Thayer, S. Bartlett, N. Thayer, Jr., W.
J. Rotch, H. A. Whitney, F. Bnrtlett, J. A. Burnliam and H. H. Hunnewell, Boston,
Mass. ; J. F. Joy, Detroit, Mich. ; Seth Reeves, Grand Rapids, Wis. ; Alex. Stew-
ard, Wausau, Wis.
JAMES F. JOY, President Detroit, Mich.
Sec. and Treas.—3. F. Denison Boston, Mas*. | Superintendent— F. O. Wyatt Tomah, Wis.
General Tkt. & Frt. Agt.—G. O. Cromwell Tomah, Wis.
PRINCIPAL OFFICE AND ADDRESS. Tomah, Wis.
ST.A.TE OF1
Area, 83,531 square miles. Population, 758,295. Assessed valuation, $218,850,744.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Tracks.
Length of Lines.
Total.
Minn.
1. Burlington, Cedar Rapids and Northern. [Iowa
2. Central Railroad of Minnesota
Ft. In.
4 :SX
4 :8X
4 :8%
4 :8#
4 :8X
4 :8%
3 :
4 :8X
4 :8%
4 :8X
4 :8X
4 :8X
4 :8#
4 :8X
4 :8#
4 :8K
4 :8%
4 :8X
4 : IX
4 :8X
4 :8X
4 :8X
4 :8#
d)..
M.
415.55
40.00
2-^2.64
1,412.33
15.00
108.50
24.00
449.00
33.50
156.00
35.00
207.00
76.00
104.00
121.27
23.75
123.50
167.50
13.00
60.50
327.00
3.75
37.55
M.
12.50
40.00
25.00
351.00
15.00
108.50
24.00
253.50
33.50
156.00
35.00
207.00
76.00
104.00
121.27
23.75
66.25
167.50
13.00
60.50
288.50
3.75
37.55
3. Chicago, CHoton, Dubuque and Minnesota [Iowa
4. Chicago, Milwaukee and St. Paul [Wis.
5. Minneapolis and Duluth (Minneapolis & St. L.)
6. Minneapolis and St. Louis
7. Minnesota Midland
8. Northern Pacific
9. Red River and Manitoba
10. St. Paul and Duluth..
11. St. Paul and Pacific
12. St. Paul and Pacific — 1st Division : Main Line.
13. St. Paul and Pacific — 1st Division : Branch. . . .
14. St. Paul and Pacific — St. Vincent Extension. . .
15. St. Paul and Sioux City
16. St. Paul, Stillwater and Taylor's Falls
17. Sioux City and St. Paul
18. Southern Minnesota
19. Stillwater and St. Paul (St. Paul and Duluth). .
2(). Western Railroad of Minnesota
21. Winonaand St. Peter (C. & N.W., in 111.)
22. Winona, Mankato& New Ulm(C.&N.W.,in 111.)
23. Worthington and Sioux Falls
Total Length (less 29.20 miles duplicate
4,176.34
2,223.07
BAILIIOAD MANUAL OF THE UNITED STATES.
OENTEAL KAILROAD OF MINNESOTA.
779
Line of Road. — Mankato, Minn., to Wells, Minn 40 miles.
Sidings, 1.36 mile. Gauge, 4 feet 8i inches. Rail, 50 Ibs.
This company was chartered May 23, 1857, as Minnesota Northwestern R. R. Co.,
and the present title given September 17, 1872. Road opened November 20, 1874.
Rolling* Stock. — Locomotive engine, 1. Cars — passenger, 1 ; baggage, 1 ; freight
— platform, 10 — total, 12. Also, 6 service cars.
Operations for year ending June 30, 1877. — Trains run, 25,000 miles. Passengers
carried, 6,179; carried one mile, 163,439. Freight moved, 18,980 tons. Earnings
from passengers, $7,799.30; freight, etc., $32,970.50— total, $40,769.80. Operating
expenses, $22,300. Net earnings, $18,469.80. Payments— taxes, $107.70 ; construc-
tion, 103,927.38 ; old claims, $17,830.92.
Financial Statement, June 30, 1877. — Capital stock paid in, $587,300, of which
$318,200 is preferred ; funded debt outstanding, $600,000 ; floating debt, $10,000—
total stock and debt, $1,070,000. Cost of road and equipment, $1,021,854.65.
Statement of funded debt in detail :
Character of Bonds.
Date of
Bonds.
Interest
Rate.
Principal,
When Due.
Amount
Authorized.
Amount
Issued.
July 1,1874.
7
Jan. 1, 1898.
$600,000
$600,000
This road was sold under foreclosure in July, 1873, and reorganized by the former
bondholders.
Directors (elected May 7, 1878).— James R. Ferris, H. A. Taylor, A. W. Burlin-
game, H. F. Shoemaker, J. M. Hurlbut, W. Edwards, Jr., A. P. Man, Bailey Hascall,
New York ; I. S. Waterman, Samuel GK Merrick, Philadelphia, Pa. ; Thomas Wat-
son, Brooklyn, N. Y.
HENRY A. TAYLOR, President New York.
Sec. and Treas.—H. F. Shoemaker New York. | Gen. Manager— W. C. Van Home. La Crosse, Wis.
PRINCIPAL OFFICE AND ADDRESS Mankato, Minn.
MINNEAPOLIS AND ST. LOUIS RAILWAY.
Line of Road.— Minneapolis, Minn., to Albert Lea, Minn 108.5 miles.
Branch : Minneapolis and Duluth R. R., Minneapolis to White Bear Lake. 15.0
Total length pf railroad owned and operated by company 123.5 miles,
Sidings and other tracks, 7.5 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
Chartered 1853. Opened to Sioux City Junction August, 1871, and to Albert Lea,
November 10, 1877. At Albert Lea, it connects with the Burlington, Cedar Rapids,
and Northern Ry.
780 BAILBOAD MANUAL OF THE UNITED STATES.
Rolling1 Stock. — Locomotive engines, 4. Cars — passenger, 3 ; baggage, mail
and express, 2 ; freight (box, 41 ; flat, 15), 56 — total, 61 cars. Also, 14 service cars.
Operations for year ending June 30, 1877. — Trains run, 52,332 miles. Passengers
carried, 35,855 ; carried one mile, 608.622. Freight moved, 154,476 tons.
Earnings. (42 miles.) Expenditures.
From Passengers $23,250 95
" Freight, etc 113,393 23
$136,644 18
For Maintenance of Way $34,291 40
" Transportation, etc 65,115 40
$99,406 80
Balance — net earnings, $37,237.38. Payments — taxes, $3,962.67. Interest, $57,-
200.94. Total payments, 61.163.61. Excess of payments over earnings, $23,926.23.
Earnings for year ending June 30, 1874, $65,108.69 ; operating expenses, $67,-
196.13 ; June 30, 1875, gross earnings, $126,269.92 ; operating expenses, $101,180.07 ;
June 30, 1876, gross earnings, $141,360.85; operating expenses, $108,934.30.
Financial Statement, June 30, 1877.— Capital stock (authorized), $2,500,000 ; paid
in, $94,819.70. Funded debt, $700,000; floating debt, $41 ,998. 05. Total stock, bonds
and debt, $836,817.75. Per contra : Cost of right of way, $20,733.71 ; construction and
equipment, $606,961.82— total, $627,695.53.
The funded debt consists of 1st mortgage 7 per cent, gold bonds, due July 1, 1911-
All the above returns relate to the operations of the road prior to its completion-
Directors (elected October 9, 1877).— W. D. Washburn, H. T. Welles, E. B. Lang,
don, Levi Butler, J. S. Pillsbury, R. P. Russell, R. J. Baldwin, Paris Gibson, John
Martin, W. W. McNair, C. C. Washburn, F. Steele, C. J. Martin, A. H. Bode, W. D.
Hale, C. H. Pettit, and Isaac McNair, of Minneapolis, Ind.
W. 1). WASHBURN, President Minneapolis.
Secretary and Treasurer A. H. Bode.
Asst. Supt E. W. Gaylord.
Supt. and Parch. Agt H. L. Morrill. Master Mech Thomas Downing.
PRINCIPAL OFFICE AND ADDRESS. Minneapolis, Minn.
MINNEAPOLIS AND DULUTH EAILKOAD.
Line of Road. — Minneapolis, Minn., to White Bear Lake, Minn 15 miles.
This road is leased to the Minneapolis and St. Louis R. R Co., and all its opera-
tions are included in that Co.'s returns.
Financial Statement, June 30, 1877.— Capital stock, $200,000 ; funded debt, 1st
mortgage 7 per cent, bonds, due 1907, $280,000— total, $480,000, representing cost of
road.
•
ISAAC ATWATER, President Minneapolis, Minn.
MINNESOTA MIDLAND EAILWA^.
Line of Road. — Wabasha Junction, Minn., to Millville, Minn 24 miles.
Sidings, etc., 1 mile. Gauge, 3 feet. Rail, 35 Ibs.
RAILROAD MANUAL OF THE UNITED STATES. 781
This company was organized January 15, 1876, and the road opened to its present
terminns December 1, 1877. It is intended to continue the line to Big Stone Lake,
200 miles, of which 61 miles are graded, and will be completed the present season.
Rolling1 Stock.— Locomotive engines, 2. Cars — mostly construction — 100.
Financial Statement.— Capital stock authorized, $2,000,000. No further infor-
mation given.
S. P. SNYDER, President Jersey City, N. J.
Secretary— W. S. Walton Wabasha, Minn. Chief Engineer— J. E. Blunt Wabasha, Minn.
Superintendent— J. H. Lakey " " Traffic Manager— G. 1. Bidwell... "
PIUNCIPAL OFFICE AND ADDRESS Wabasha, Minn.
NORTHERN PACIFIC RAILROAD. (In Progress.)
Line of Main Road. — Lake Superior to Puget Sound 1,800 miles.
Branch to Portland, Oregon 200 "
Total length of line projected 2,000 miles.
T ( Duluth, Minn., to Bismarck, Dakota Territory .449.0 "
1 \ Kalama, Washington T., to Tacoma, W. T 136.5 "
Total length of line in operation 585.5 miles.
Sinings, 20 miles. Gauge, 4 feet 8-J- inches. Rail, 56 Ibs.
Chartered by Congress July 2, 1864, and authorized to construct a railroad from
Lake Superior to Puget Sound, Washington Territory, and to Portland, Oregon.
Congress also made a grant (provided the same had not been previously sold), esti-
mated to amount to 47,000,000 acres of alternate odd sections of land for forty miles
on each side of the line of the proposed road.
On the 1st of January, 1874, the company made default on the interest on its
bonds, and in April, 1875, the entire property was placed in the hands of a Receiver,
and the road and franchises were sold under decree of foreclosure, and purchased by
a committee of bondholders. On the 29th of September, 1875, the assenting bond-
holders organized, elected a board of directors, and agreed to convert their bonds into
stock at the rate of $1,400 preferred stock for every $1,000 bonds, including interest
to July 1, 1868. This stock to be entitled to 8 per cent, dividends before any divi-
dends can be declared on the common stock.
. Rolling Stock. — Locomotive engines, 48. Cars — passenger, 22 ; baggage, mail
and express, 24 ; freight, 1,196 — total revenue cars, 1,252.
Operations for year ending August 31, 1877.— Trains run— passenger, 82,641 ;
freight and other, 174,084— total, 256,725 miles. Passengers carried, 30,538 ; carried
one mile, 4,351,622. Freight moved (in Minnesota alone), 47,985 tons.
Earnings. (449 miles). Expenditures.
From Passengers $226,813 23
" Freight 563,78002
" Mail and Express 37,56889
Miscellaneous 17,578 13
$845,740 27
For Maintenance of Way $604,836 17
" Rolling Stock 176,42554
" Transportation 90,953 03
Miscellaneous 23,654 23
$495,838 97
Balance— net earnings, $349,901.30. Payments — not reported.
782
RAILROAD MANUAL OF THE UNITED STATES.
The gross earnings of the entire line for the year ending September 30, 1877,
were $965,823.87 ; operating expenses, $573,124.90 ; net earnings, $392,698.47. The
earnings of the Pacific Division were $120,083,10 ; operating expenses, $77,285.93 ;
net earnings, $42,797.17
Under the reorganization, the amount of preferred stock is limited to $51,000,-
000, and of common stock to $49,000,000.
General Balance, September 20, 1877.
Preferred Stock $51,000,000 00
Less Issued 41,910,976 85— $9,089,023 65
Common Stock 49,000,000 00
Receipts for Land Purchases 1,709,317 06
1st Mortgage Bonds Surrendered 36,786,248 48
Preferred Stock, collateral 5,075,71 1 20
Lands 23,725,406 71
Railroad 19,464,189 31
Equipment 1,081,69386
Materials, Dues, Balance, etc 1,311,435 73
Cash on Hand 8,206 21
$147,251,212 21
Capital Stock $100,000,000 00
Assets Acquired 44,966,583 21
Land Receipts 1,695,671 46
Net Earnings, Pacific Division
" " Minnesota Division..
" " Dakota Division
Balance, Net Earnings, 1876
Interest
Hand Cars...
36,739 97
223,870 30
89,302 17
235,879 93
1,973 88
1,191 29
$147,251,212 21
Land Department. — By various Acts of Congress immense grants of land, esti-
mated at 47,000,000 acres, were made to the company, of which, according to the
official report of the Land Office, only 743,493.44 acres had been certified to it up to
June 30, 1877. Of the amounts granted, it is estimated that 7,955,200 acres are in
Minnesota and Dakota, and 2,515,917 in Washington Territory. There had been sold
to August 31, 1877, 1,192,381 acres. The following shows the entire land sales to
August 31, 1877.
August 31, 1876, to August 31,'1877 270,996.60 acres for $1,217,484 49
September 29, 1875, to August 31, 1876 226,311.96 " " 886,58581
Sales prior to September 29, 1875 695,072.27 " " 3,683,22920
Grand Total 1,192,380.83
$5,787,299 50
In payment of sales for year ending August 31, 1877, the company received
$1,219,062.17 of preferred stock.
Directors (elected September 26, 1977).— Qeo. W. Cass, New York City ; Chas.
B. Wright, Philadelphia, Pa.; Frederick Billings, Woodstock, Vt. ; Geo. Stark, 'R.
L. Ashurst, J. Frailey Smith, Joseph Dilworth, Philadelphia, Pa. ; Charlemagne
Tower, Pottsville, Pa. ; B. P. Cheney, Boston, Mass. ; Johnston Livingston, New
York ; J. M. Denison, Baltimore ; Alexander Mitchell, Milwaukee ; J. C. Ainsworth,
Portland, Oregon.
CHARLES B. WRIGHT, President New York City.
George Stark, Vice-President Concord, N. H.
Secretary— Samuel Wilkeson Mew York.
Tieasvrer— G. E. Beebe " "
Gen. Manager— R. E. Sargent St. Paul, Minn.
Land Agent— J. B. Power New York.
General Sitpt. — H. A. Towne Brainerd, Minn.
General Fqt. Agt.—G. G. Sanborn.St. Paul,
Auditor — R. M. Newport "
Purch. Agent— E*. T. Williams "
PRINCIPAL OFFICE AND ADDRESS. . . .No. 23 Fifth Avenue, New York City.
RAILROAD MANUAL OF THE UNITED STATES. 783
KED EIVEE AND MANITOBA KAILEOAD.
Line of Road. — Breckinridge, Minn., to Barnes ville, Minn 33.5 miles.
Sidings, etc., 0.25 mile. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
This company was organized August 13, 1877, and road opened October 23, 1877.
It connects the St. Paul and Pacific R. R. with the St. Vincent extension, and the two
lines are operated together.
Rolling Stock and Operations. — Not reported.
Financial Statement, December 31, 1877.— Capital stock authorized, $500,000;
issued, $200,000 ; floating debt, $10,000— total, $210,000.
Directors. — S. J. Beals, W. H. Fisher, John S. Barnes, J. S. Kennedy, W. G.
Oakman.
J. P. FARLEY, General Manager St. Paul, Minn.
W. H. Fisher, Superintendent " "
PRINCIPAL OFFICE AND ADDRESS St. Paul, Minn.
ST. PAUL AND DULUTH EAILEOAD.
Line of Road. — St. Paul, Minn., to Duluth (Lake Superior), Minn 156 miles.
Leased : Still water and St. Paul R. R., White Bear to Still water 13 "
Total length of railroad operated by the L. S. and M. Railroad 169 miles.
Sidings and other tracks, 16 miles. Gauge, 4 feet 8$ inches. Rail, 56 Ibs.
This company was chartered May 23, 1857, under the name of Lake Superior and
Mississippi R. R. Co., and the road opened August 1, 1870. It was leased on opening
to the Northern Pacific R. R. Co., but the lease to that company terminated May 1,
1874. The company made default on the interest on its bonds January 1, 1875, and
the property was sold under foreclosure May 1, 1877. . The new company was organ-
ized June 27, 1877, under the present title.
The Stillwater and St. Paul Railroad was leased by the L. S. and M. R. R. Nov.
1, 1870, for 999 years from Jan. 1, 1871, at $28,000 a year, payable in coin, and $1,000
per annum, payable in currency, together with all U. S. and other taxes.
Rolling1 Stock. — Locomotive engines, 11. Cars — passenger, 10; baggage, mail and
express, 4; freight (box 174; flat, 139), 313 — total revenue cars, 327. Also, 83 ser-
vice cars.
Operations for year ending June 30, 1877— Trains run— passenger, 126,794;
freight and other, 275,051 — total, 401,845 miles. Passengers carried, 51,660; carried
one mile, 2,663,657. Freight moved, 204,812 tons.
Earnings.
From Passengers $112,032 24
" Freight 365,323 00
" Mail and Express 20,51225
Miscellaneous 9,624 41
$507,491 90
Expenditures.
For Maintenance of Way $114,314 98
" Rolling St ck J 80,366,45
" Transportation Ib4,228 70
Miscellaneous £6,457 41
$405,867 54
Balance — net earnings, $102,124.36. Payments — not reported.
784 RAILROAD MANUAL OF THE UNITED STATES.
Abstract of operations for seven years :
Fiscal Years.
Miles
R. K.
Passen-
gers.
Train
Mileage.
Freight,
Tons.
Gross
Earnings.
Net
Earnings.
1870-71 •
156
$429,224 85
$10.232 99
1871 72
156
731,612 23
171,000 87
1872 73
156
81,559
4,339,191
712,689 87
227,8'<9 03
1873-74
156
59,877
3,526,457
176,385
726,398 76
245,396 62
1874-75
156
57,386
3.223,965
187,139
533,737 15
1875-76
156
59,766
3,249,817
235,898
566,478 89
2,060 06
1876-77
156
51,660
2,663,657
204,812
507,491 90
102,124,36
Since the reorganization of the company a report of operations has been made as
follows : Receipts from R. R. earnings for six 'months ending December 31, 1877,
$342,930.32 ; operating expenses, $222,408.89; net earnings, $120,521.43; net receipts
from land department, $9,732.39 — total net receipts, $130,25382. Payments : Taxes,
$6,858.61 ; insurance, etc., $6,998.22 ; interest, $3 ,155.72 ; rent Stillwater and St. Paul
R. R., $10,000; N. W. equipment trust, $22,181.16 ; Knife Falls R, R., $12,184.05;
buildings, fences, etc., $3,785.89 ; advances for purchases of Lake Superior and Miss.
R. R., $61,115.71— total, $126,279.36. Balance, surplus, $3,974.46.
Financial Statement, December 31, 1877. — Preferred stock authorized, $5,554,-
000 ; issued, $5,233,392.57 ; common stock, authorized, $4,080,000 ; isssued, $1,630,-
848.56— total stock authorized, $9,634,000 ; issued, $6,864,421.13.
Under the plan of reorganization, the preferred stock was issued to 1st mortgage
bondholders for bonds and accrued interest to January 1, 1876, at the rate of $1,200
for each $1,000 bond ; the stock to receive yearly dividends equal to the net income
of the company from all sources, not to exceed 7 per cent. : the stock to be receivable
for lands. The common stock to be issued to the holders of income bonds, notes,
certificates of indebtedness, and floating debt, for amount of claims and accrued in-
terest to January 1, 1876, and to holders of present common stock at the rate of one
share for 20 of old. The holders of new common stock to be entitled to dividends
out of the balance of net earnings of the railroad not exceeding 6 per cent, in one
year after payment of 7 per cent, on preferred stock.
Land Department. — The company has two land grants ; one from the United
States of 920,000 acres, and one from the State of Minnesota of 694,400 acres. Of these,
500,000 acres are rated as pine lands ; 700,000 acres as hard wood and oak openings,
and the remainder as meadow, prairie and swamp land. There have been certified to
the company to June 30, 1877, 743,241.66 acres. The total sales of land to December
31, 1876, were 108,387.53— the receipts of which were $894,537.03. Net receipts from
sales of land to December 31, 1876, $454,606.02.
Directors (elected, June 27, 1877). — James Smith, Jr., William Dawson, St. Paul,
Minn. ; C. H. Graves, Duluth, Minn. ; Geo. Whitney, E. A. Rollins, John P. Ilsley,
W. H. Rhawm, Edwin M. Lewis, and F. R. Shelton, Philadelphia, Pa.
JOHN P. ILSLEY, President and Land Commissioner. .St. Paul, Minn.
W. H. Rhawm, Vice-President Philadelphia, Pa.
Treas. and Sec.—E. Q. Sewall St. Paul, Minn.
Gen. Frt. Agt.— A. M. Eddy "
Superintendent— Geo. H. Smith St. Paul, Minn.
And. & Purch. Agt.—C. A. Craft.. "
PRINCIPAL OFFICE AND ADDRESS 76 Jackson St., St. Paul, Minn.
Transfer Office 35 South Third St., Philadelphia.
EAILEOAD MANUAL OF THE UNITED STATES. 785
STILLWATEE AND ST. PAUL EAILEOAD.
Line of Road. — Stillwater, Minn., to White Bear Station, L. S. & M. R. R... .13 m.
Side tracks, 1.1 mile. Gauge, 4 feet, 8i inches.
Road opened December 28, 1870. Leased to St. Paul and Dulutli R. R. Co.
Rolling1 Stock. — Locomotive engines, 2. Other rolling stock furnished by lessees.
Operations for year ending June 30, 1877. — Included in lessees' returns.
Financial Statement, June 30, 1877.— Capital stock, $400,000; funded debt, 1st
mortgage 7 per cent, gold bonds, $400,000 ; coupons due June and December 1 ; prin-
cipal, June 1, 1896. The bonds are secured by a first and only mortgage on the rail-
road lands and all the property of the company. The City of Stillwater donated
toward the cost of construction of the road bonds of the city to the amount of $25,000.
Floating debt, $15,549.47. Total stock, bonds and debt, $815,549.57. Cost of road
and equipment, $376,341.78.
This company has a land grant from the United States Government of ten sections
per mile, amounting to 83,200 acres, title to 63,852.46 acres of which has been obtained
up to this time. The lands lie along the line of the St. Paul and Pacific Railroad.
DAVID BRONSON, President Stillwater, Minn.
S. M. Felton, Vice-President Philadelphia, Pa.
Secretary— H. R. Murdock Still water, Minn. I Treasurer— E. Q. Sewall St. Paul, Minn.
Solicitor— James Smith, Jr St. Paul, " | Superintendent— George H. Smith.. "
PRINCIPAL OFFICE AND ADDRESS St. Paul, Minn.
ST. PAUL AND PACIFIC EAILEOAD. (First Division.)
Line of Road. — St. Anthony to Breckenridge, Minn 207 miles.
Sidings, 15.20 miles. Gauge, 4 ft. 8& in. Rail, 50 and 56 Ibs. Steel rail, 1.75 m.
This company was chartered May 22, 1857, and the road opened November 20, 1871.
Rolling1 Stock. — Locomotive engines, 19. Cars — passenger, 13 ; baggage, mail
and express, 8 ; and freight (box and stock, 185 ; coal and flat, 136 ; other, 8), 329 —
total revenue cars, 370. Also, 44 service cars.
Operations for year ending June 30, 1877.— Trains run— passenger, 58,082;
freight and other, 175,662— total, 233,744 miles. Passengers carried, 230,408 ; carried
one mile, 2,951,102. Freight moved, 138,342 tons.
Earnings.
From Passengers $125,942 69
" Freight 314,15082
" Mail and Express 16,67332
Miscellaneous 18,813 22
Expenditures.
For Maintenance of Way $132,372 17
" Rolling Stock 54,59059
" Transportation 110,29426
Miscellaneous 38,986 93
$336,243 95
$475,579 95
Balance — net earnings, $139,336. Payments from net earnings — taxes,
983.74. Construction, $7,373.60 ; real estate, $3,055.95— total, $24,413.29.
On August 1, 1873, that part of the line of road from St. Cloud to St. Vincent,
and also that from Watab to Brainerd, together with all the lands granted, buildings
50
786
EAILKOAD MANUAL OF THE UNITED STATES.
and materials of every description, was, by an order of the U. S. Court, placed in
the hands of a Receiver, with instructions to complete the unconstructed portions of
the road, and to put those portions thereof already constructed in good order, and to
operate the same until the further order of the Court.
Abstract of operations for six years :
Fiscal Years.
Miles.
K. ft.
Train
Miles.
Passsen-
gers.
Mileage.
Freight,
Tons.
Gross
Earnings.
Net
Earnings.
1871-72
207
141.358
98,747
$398 875 93
$9227 45
1872-73
207
280,117
269,685
3,891,273
113,879
439,210 11
32,685 87
1873-74
207
267,647
149,547
3,315,390
115,750
492 ti70 03
77 038 84
1874-75
207
26-2,557
127,579
3,191,165
137,713
440,602 92
35 607 18
1875-76
207
329,169
230,540
2,982,514
186,194
624 023 44
220 324 43
1876-77
207
233,744
230,408
2,951,102
138,342
475 579 95
139 336 00
Financial Statement, June 30, 1877.— Capital stock, $5,000,000; bonded debt,
$9,454,500 ; floating debt, $55,370— total stock, bonds and debt, $14,509,870, repre-
senting cost of road and equipment.
Statement of funded debt in detail, June 30, 1877 :
Character of Bonds.
Kate.
Interest
Payable.
Amount
Authorized.
Amount
Outstanding.
1st Mortgage
on 150 miles from St. Anthony, West
7
$1 500 000
$1 500 000
2d
and 1st on Lands
7
3 000 000
1 669 000
3d "
on whole Koad and 1st on Ad'l Lands
7
6 000 000
5 285 000
4th
« it u
7
3,000,000
1,000,000
Land Department. — Total amount of lands received by the company is 1,130,072
acres. Total amount of lands sold, 309,083.96. Total amount of lands contracted to
be sold, 88,931.72 acres. Total amount of cash received from sales, contracts, etc., to
December 31, 1876, $2,752,562.52 ; receipts during year 1876, $1,560,677.45.
Directors (elected June 12, 1877).— George L. Becker, St. Paul, Minn. ; J. S.
Barnes, W. H. Scott, A. G. Dulman and H. M. Baker, New York City ; E. C. Litch-
field, Brooklyn, N. Y. ; and E. D. Litchfield, London, England.
Horace Thompson, Edmund Rice, J. S. Kennedy, Trustees in possession.
JOHN S. BARNES, President .New York City.
General Manager— J. P. Farley St. Paul, Minn.
Land Commissioner— H. Trott
Secretary — Samuel S. Breed
Treasurer— J. Botsford St. Paul, Minn.
Frf. & Tkt. Agt.—J. W. Doran...
Chief Eng.— Charles A. F. Morris.. " "
Asst. Superintendent— J '. B. Rice St. Paul, Minn.
PRINCIPAL OFFICE AND ADDRESS St. Paul, Minnesota.
Transfer Office 41 Cedar Street, New \ork City.
ST. PAUL AND PACIFIC E. E. (First Division. Branch Line.)
Line of Road. — St. Paul to Sauk Rapids, Minn 76 miles.
Sidings, 10 miles. Gauge, 4 feet 8i inches. Rail, 52 and 56 Ibs. Steel rails, 10 m.
RAILROAD MANUAL OF THE UNITED STATES.
787
Opened September 30, 1867.
Under a temporary arrangement, this company operated, with its own rolling
stock, the line from East St. Cloud to Melrose, 35 miles, from July 1 to October 9, 1876.
Rolling Stock. — Locomotive engines, 7. Cars — passenger, 4 ; baggage, mail and
express, 6 ; and freight (box and stock, 32 ; coal and flat, 20 ; other, 2), 54 — total re-
venue cars, 64. Also, 22 hand cars.
Operations for year ending June 30, 1877. — Trains run — passenger, 18,540 ; freight
and mixed, 97,367 — total, 115, 907 miles. Passengers carried, 201,282; carried one
mile, 3,212,837. Freight moved, 92,178 tons.
Earnings.
From Passengers $99,042 66
" Freight 165,847 25
" Mail and Express 9,67536
Miscellaneous 25,832 29
Expenditures.
For Maintenance of Way $51,684 95
" Rolling Stock 16,051 20
" Transportation 70,078 20
Miscellaneous 9,685 94
$300,397 56 I $147,500 29
Balance — net earnings, $152,897.27. Payments from net earnings — taxes, $9,-
111.87; interest on bonds, $35,220; construction and equipment, $26,320.98; real
estate, $888.95 ; lease rent, $4,062.50— total, $75,604.30. The earnings of the line,
from East St. Cloud to Melrose, are included to October 9.
Financial Statement, June 30, 1877.— Capital stock, $1,468,600; bonded debt,
$3,636,250 ; floating debt, $£36,197.50— total stock, bonds, and debt, $5,341,047.50,
which represents the cost of road and equipment.
Description of bonds issued and outstanding, June 30, 1877 :
Title and Character of Bonds.
Interest
Ra.e.
Amount
Issued.
Amount
Outstanding.
On line St. Paul to St. Anthony
8
$120,000
$120,000
" " toWatab...
7
366,000
366,000
" " " ,
7
1,145,750
1,049,250
7 per cent. Bonds
7
1,114,000
1,101,000
St. Paul to St. Anthony and Main Line
1,000,000
1,000,000
Land Department. — June 30, 1877. — Total amount of land received by company,
405,756.05 acres. Total amount sold by company, 46,157.21 acres. Total amount
contracted, 22,318.51 acres. Total cash received from sales, contracts, etc., $285,806.76.
Directors and Officers. — Same as main line.
PRINCIPAL OFFICE AND ADDRESS St. Paul, Minn.
ST. PAUL AND PACIFIC RAILROAD. (St. Yincent Extension.)
Line of Road. — Glyndon, Minn., to Crookston, Minn 65 miles.
Operated : St. Paul and Pacific R. R,, East St. Cloud to Melrose 35 "
Sidings, etc., 1 mile. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
This road was operated during the year by a Receiver. In addition to the mile-
age here given, there was also operated a length of 12 miles south of Glyndon, con-
788
RAILROAD MANUAL OF THE UNITED STATES.
necting with the Red River and Manitoba R. R., and 27 miles north of Crookston, in-
cluding road to Fisher's Landing,making in all for the St. Vincent Extension 104 miles.
The St. Paul and Pacific R. R. — East St. Cloud to Melrose — was operated from
October 9, 1876, to June 30, 1877, by the Receiver of the St. Vincent Extension ; all
its operations are here included.
Rolling* Stock. — Leased of main line.
Operations for year ending June 30, 1877.— Trains run, 59,280 miles; passen-
gers carried, 12,600 ; freight moved, 16,925 tons. Earnings : East St. Cloud to Mel-
rose— from passengers, $10,329.46 ; from freight, $19,813.44 ; other sources, $1,741.41
—total, $31,884.31. Operating expenses, $22,319.50. Net earnings, $9,564.81. St.
Vincent Extension— from passengers, $10,273.50; from freight, etc., $43,306.11— total,
$53,579.61. Operating expenses, $38,597.89 ; net earnings, $14,981.72. Net earnings,
both sections, $24,546.53.
Financial Statement. — None furnished.
J. P. FAKLEY, Receiver St. Paul, Minn.
t.—W. H. Fisher St. Paul, Minn. | Land Comr. — Jno. Knuppe St. Paul, Minn-
PRINCIPAL OFFICE AND ADDRESS St. Paul, Minn.
ST. PAUL AND SIOUX CITY KAILEOAD.
Line of Road. — St. Paul, Minn., to St. James, Minn , . .121.27 miles.
Sidings, 11.5 miles. Gauge, 4 ft. 8| in. Rail, 50 and 54 Ibs. Steel rails, 13.12 m.
Chartered March 2, 1855, and March 4, 1864. Road opened November, 1870. At
St. James connects with Sioux City and St. Paul R. R.
Rolling Stock. — Locomotive engines, 15. Cars — passenger, 6 ; baggage, mail
and express, 4 ; freight (box and stock, 292 ; and platform, 63), 355 — total revenue
cars, 365.
Operations for year ending December 31, 1877. — Trains run — passenger, 91,553 ;
freight, 163,388— total, 254,941 miles. Passengers carried, 60,434 ; carried one mile,
2,775,449. Freight moved, 190,924 tons ; moved one mile, 16,495,309 tons.
Earnings.
From Passengers $118,821 82
" Freight 399,20374
" Mail and Express 16,34556
Miscellaneous.., 9,17393
$543,545 05
Expenditures.
For Maintenance of Way $130,946 98
" Rolling Stock 61,30875
" Transportation 114,70727
Miscellaneous 30,369 66
$337,332 66
Balance— net earnings, $206,212.39. Payments— State tax, $16,829.49 ; insur-
ance, $2,580.80; interest, $25,264.99; and dividends on preferred stock, $169,489.62;
sundries, $1,032.25— total, $214,797.15.
In addition to earnings of the road department there were received from rents,
$1,419.77; premium, $6,163.37; total, $7,583.14.
RAILROAD MANUAL OF THE UNITED STATES.
Abstract of operations for five years :
789
Fiscal
Years.
Miles
R, R.
Passen-
gers.
Mileage.
Freight,
Tons.
Mileage.
Gross
Earnings.
Net
Earnings.
Dividends.
p.C.
1873
122 0
3 339 136
11,193,028
$539,843 14
$67,253 38
1874.
122 0
69 747
2 %7 242
164 8°6
12 311 263
545 189 72
151,871 70
1875
122.0
62,5a3
2,563,172
171,306
14,903,647
560,014 41
175,944 79
$163,266 95
8
1876
1-22.0
59,680
2,725,036
196,453
16,544,909
573,758 07
222,080 10
163,153 '23
8
1877
122.0
60,434
2,775,449
190,924
16,495,309
543,545 05
206,212 39
169,489 62
8
The dividends have been on preferred stock.
General Balance, December 31, 1877.
Construction and Equipment $4,454,237 72
Materials 48,433 21
Stocks and Bonds 56,190 42
Real Estate 197,441 44
Bills Receivable 2,845 83
Capital Stock $2,400,000 00
Preferred Stock 2,098,172 75
Scrip and Equipment Bonds 112,570 00
Bills Payable 153,165 57
Profitand Loss 27,700 31
$4,791,G08 70
Abstract of general balances for five years :
$4.791,608 70
Fiscal
Years.
Miles of
Track.
Engines.
03
•
o
Stock,
etc.
Bonds.
Debts.
Miscel-
laneous.
Railroad
and
Equipments.
Other
Property
and Assets.
1873
132 0
14
266
$4 269 100
$421,027 01
$4,674,664 35
$104,266 12
1874 .
132 0
14
256
4 400,000
360,337 13
4,269,880 63
192,267 34
1875
132 0
14
266
4,516 319
243,518 95
$45,242 78
4,313,347 96
269,423 47
1876
132.0
15
365
4,550,891
$50,000
242,168 85
29,101 93
4,410,165 99
461,995 43
1877
133.0
15
365
4,498,173
49,000
216,735 57
27,700 31
4,454,237 72
337,370 98
Land Department, — The sales for the past year were 35,475.44 acres, amounting
to $254,983.47— an average of $7.19 per acre.
Acres conveyed by the State to the company, 854,268.85; certified to State
for the company, not deeded, 72,637.29 — 926,906.14. Deeds given and contracts out-
standing, 199,440.25 ; remaining on hand, 727,465.89 acres ; total sales and receipts,
199,440.25 acres. Amount of purchase money, account of above sales, $1,254,388.36 ;
receipts, $6.25 per acre, $1,082,756.07. Laud contracts — Interest-bearing and out-
standing, $339,529.50.
Directors (elected January, 1878). — Elias F. Drake, John L. Merriam, Horace
Thompson, George A. Hamilton, John S. Prince, A. H. Wilder, Henry H. Sibley, C.
H. Bigelow, W. R. Merriam, Wm. Rhodes, J. W. Bishop, and Russell Blakely, St.
Paul, Minn. ; T. A. Harrison and H. G. Harrison, Minneapolis, Minn. ; R. F. Hersey,
Still water, Minn.
ELIAS F. DRAKE, President St. Paul, Minn.
John L. Merriam, Vice- President "
Treasurer— Horace Thompson .. .St. Paul, Minn.
Secretary— G. A. Hamilton " "
Sec. Land Dpt.—E. Sawyer " "
Chief Engineer— F. P. Gere Mankato, "
Gefi,. Manager — J. W. Bishop St. Paul, Minn.
Superintendent— J. F. Lincoln "
Gen. Frf. & Tkt. Agt.—J. C. Boyden "
Mast. Mech.—F. C. Butterfield. . . .Shakopee, "
PRINCIPAL OFFICE AND ADDRESS St. Paul, Minn.
790 EAILKOAD MANUAL OF THE UNITED STATES.
SIOUX CITY AND ST. PAUL RAILEOAD.
Line of Road. — Sioux City, Iowa, to St. James, Minn .148.35 miles.
Sidings and other tracks, 7.37 miles. Gauge, 4 feet 8-J- inches. Rail, 50 Ibs.
This company was organized January 1, I860, and the road opened September
25, 1872.
The line owned by the company is from St. James, Minn., to Le Mars, Iowa,
122.35 miles, where it forms a junction with the Iowa division of the Illinois Central
Railroad, and operates on their line to Sioux City, 26 miles.
Rolling Stock. — Locomotive engines, 13. Cars — passenger, 6 ; baggage, mail
and express, 3 ; and freight (box and stock, 285 ; platform, 93 ; other, 7), 385 — total
revenue cars, 394.
Operations for year ending December 31, 1877. — Trains run — passenger, 95,872 ;
freight, 125,580 — total, 221,452 miles. Passengers carried, 20,905 ; carried one mile,
1,602,510. Freight moved, 131,042 tons ; moved one mile, 13,737,980 tons.
Earnings.
From Passengers $71,414 90
" Freight 237,36874
" Mail and Express 14,49696
Miscellaneous 17,636 52
Expenditures.
For Maintenance of Way $77,963 02
" Rolling Stock 44,35479
" Transportation 84,13251
Miscellaneous 21,018 72
$227,469 04
Balance — net earnings, $113,448.08. Payments — taxes, $14,929.15; insurance,
$1,080; interest, $26,527.90; rents, etc., $22,490.
Abstract of operations for five years :
Fiscal Years.
Miles
R. R.
Train
Miles.
Passen-
gers.
Mileage.
Freight
Tons.
Mileage.
Gross
Earnings.
Net
Earnings.
1873
148.35
216.891
1,368,680
7,507,472
$224.687 92
1874
148.35
190,667
22.598
1 324 728
84812
8540481
281 115 07
$89 365 28
1875
148.35
194,884
16,095
1,472,246
100382
9,753,942
317 463 81
75 746 67
1876
148.35
222,730
24,757
1,753,457
1-24,070
12,618,046
357,892 73
116,155 24
1877
148.35
221,452
20,905
1,602,510
131,042
13,737,980
340,917 12
113,448 08
Land Department. — The company is entitled to 638,313.11 acres, of which they
have sold up to date, at an average of $6.28 per acre, 144,192.42 acres, making total
receipts from lands, $005,271.79.
General Balance, December 31, 1877.
Construction and Equipment $5,433,531 18
Real Estate for Sale 44,667 84
Stocks and Bonds 14,8''0 00
Materials, Dues, etc 62,82140
$5,555,820 12
Capital Stock $2,800,000 00
Funded Debt 2,667,740 00
37,637 02
50,443 40
$5,555,820 42
Bills Payable, etc.
Profit and Loss..,
RAILROAD MANUAL OF THE UNITED STATES.
Statement of funded debt, December, 1876 :
791
Title and Character of Bonds.
Kate.
Interest Payable.
Ain't Out-
standing.
8
8
6
May 1 and Nov. 1.
it ((
$1,240,000
500,000
503,000
214,080
79,160
131,500
1st 'p (gold).
2d " ..
2d " "
Directors (elected January, 1878). — A. Iselin, W. H. Brown, and George I. Seney,
New York ; A. H. Rice and G. W. Simmons, Boston, Mass. ; Horace Thompson, E. F.
Drake, A. H. Wilder, and J. L. Merriam, St. Paul, Minn.
ELIAS F. DRAKE, President St. Paul, Minn.
A. H. Wilder, Vice-President "
General Manager — J. W. Bishop.. .St. Paul, Minn.
Superintendent — J. P. Lincoln "
Gen. Ft. & Tkt. Aqt.—i. C. Boyden " "
Chief Engineer— T. P. Gere " "
Treasurer — Horace Thompson St. Paul, Minn.
Secretary— W . H. Brown New York.
Sec. Land Dep^t— Edward Berreau..St. Paul, Minn.
Master Mechanic— F. C. Butterfield Shakopee.
PRINCIPAL OFFICE AND ADDRESS St. Paul, Minn.
ST. PAUL, STILLWATEE AND TAYLOE'S FALLS E. E.
Line of Road. — St. Paul, Minn., to Still water, Minn 17.50 miles.
Branches- J Hudson Branch, Stillwater Junction to Lake St. Croix 3.25 "
( South Stillwater Branch, Stillwater to South Stillwater 3.00 "
Total length of railroad owned and operated by company 23.75 miles.
Sidings, 1 mile. Gauge, 4 ft. 8| in. Rail, 50 and 56 Ibs. Steel rails, 16.5 in.
Boiling1 Stock. — Locomotive engines, 2. Cars — passenger, 2 ; baggage, mail and
express, 1 ; and freight, 40 — total revenue cars, 43.
Operations for year ending June 30, 1877. — Trains run, 36,000. Passengers car-
ried, 27,209 ; carried one mile, 456,449. Freight moved, 23,860 tons.
Earnings.
From Passengers $21,792 62
" Freight, etc 66,82475
Expenditures.
For Maintenance of Way $15,240 69
' ' Transportation, etc 28,655 38
$88,617 37 $43,896 07
Balance — net earnings, $44,721.30. Payments from net earnings — taxes, $1,-
090.69 ; interest on bonds, $8,930.40 ; lease St. Paul and Pacific R. R., $5,100; West
Wisconsin R. R., $4,504— total, $19,625.09.
Financial Statement, June 30, 1877. — Capital stock — common, $207,000 ; pre-
ferred (10 per cent.), $82,900— total, $289,900. Funded debt, $619,520 ; floating debt,
$94,932.43 — total stock, bonds, and debt, $1,004,352.43. Cost of construction and equip-
ment, $889,492.92. The coupons of the 1st mortgage bonds for three years have been
funded into income bonds.
792 EATLROAD MANUAL OF THE UNITED STATES.
Statement of funded debt in detail :
Title and Character of Bonds.
Rate.
Interest
Payable.
Principal,
When Due.
Amount
Authorized.
Amount
OutstancTg.
First Mortgage
8
July and Jan.
July 1, 1901.
$450,000
$450,000
So Stillwater Br Mortgage
8
Oct. and Apr.
Oct. 1. 1903.
35,500
35,500
St Paul Depot "
10
u u
33,000
33,000
Income Bonds
101,520
Land Department. — Entire number of acres received by the company from the
State of Minnesota (being from Congressional land grant of odd sections) 44,246.
Contracted to be sold, 1,080 acres.
Directors (elected January 31, 1878). — Peter Berkey, M. Auerbach, Horace
Thompson, E. F. Drake, A. H. Wilder. John L. Merriam, Wm. B. Dean, A. B. Stickuey,
R. Blakeley, and Wm. Crooks, St. Paul, Minn.; Isaac Staples, R. F. Hersey, Still-
water, Minn. ; A. H. Baldwin, Hudson, Wis.
PETER BERKEY, President St. Paul, Minn.
A. B. Stickney, Vice- President and General Supt. ... "
Secretary— -E. W. Ruff St. Paul, Minn. | Treasurer— Horace Thompson St. Paul, Minn.
PRINCIPAL OFFICE AND ADDRESS St. Paul, Minn.
SOUTHEKN MINNESOTA EAILWAY.
Line of Road. — Grand Crossing, Minn., to Winnebago City, Minn. ..167.5 miles.
Sidings, etc., 11.5 m. Gauge, 4 ft. 8i in. Rail, 50.5 and 52.5 Ibs. Steel rails, 6 m.
Organized as Southern Minnesota R. R. Co., March 2, 1855, by consolidation of
Root River Valley and Southern Minnesota R. R. Cos., and road opened December 25,
1870. It was placed in the hands of a Receiver, November 23, 1872, by whom it
was operated to February, 1877, when it was sold under foreclosure of the 2d mort-
gage, and reorganized under its present title.
Rolling Stock. — Locomotive engines, 14. Cars — passenger, 6 ; baggage, etc., 3 ;
freight (box, 197 ; flat, 83), 280 ; caboose, 7 — revenue cars, 296. Also, 30 service cars.
Operations for year ending June 30, 1877. — Trains run — passenger, 95,375;
freight, etc., 179,716 — total, 275,091 miles. Passengers carried, 53,014 ; carried one
mile, 2,096,188. Freight moved, 139,649 tons.
Earnings.
From Passengers $88,547 28
" Freight 417,020 68
" Mail, Express, etc 23,25147
$538,819 43
Expenditures.
For Maintenance of Way $163,800 78
" Rolling Stock 53,99676
" Transportation 147,03039
$364,827 93
Balance— net earnings, $173,991.50. Payments from net earnings — taxes, $12,-
854.92 ; interest, $75,486.23 ; construction, etc., $18,838.86 ; miscellaneous, $31,752.63
—total, $138,932.64. Balance— surplus for year, $35,058.86.
KALLROAD MANUAL OF THE UNITED STATES.
Abstract of operations, earnings, etc. , for four years :
793
Years.
Miles.
En-
gines.
Cars.
Train
Miles.
Paspen-
gers.
Freight
Tons.
Gross
Earnings.
Operating
Expenses.
Net
Earnings.
1874..,
167.5
14
240
393,275
51,224
157,763
$733,874 26
$555,554 17
$178 320 09
1875
167.5
14
270
365,816
54,101
169,568
623,610 28
352,084 66
271 525 62
1876
1675
14
296
337,615
54,098
178,259
636,841 21
400,460 46
236 380 75
1877
167.5
14
296
275,091
53,014
139,649
538,819 43
364,827 93
173,991 50
Land Department. — Received from Congressional grant 332,891.75, and from
State grant 35,042.29 acres. Total acres received by the company, 367,934.14 ; total
acres sold by the company, 170,173,73.
Financial Statement, June 30, 1877. — Capital stock, none issued. Funded debt,
1st mortgage 7 per cent, bonds, due October 1, 1884, $225,000 ; 1st mortgage 7 per
cent, construction bonds, due September, 1887, $3,332,000— total, $3,557,000. Float-
ing debt, $173,115.92 — total, representing cost of road to reorganized company,
$3,730,115.92.
Directors (elected March 3, 1878).— C. B. Gold, H. H. Cammann, Walton Fer-
guson, F. H. Downer, and P. M. Meyers, New York City ; Chas. Johnson, Norwich,
Ct. ; Geo. P. Bissell, Hartford, Ct. ; H. C. Kingsley, New Haven, Ct. ; and J. C.
Easton, Chatfield, Minn.
CORNELIUS B. GOLD, President New York City.
P. M. Meyers, Vice- President and Secretary " "
Gen. Manager— W '. C. Van Home.. La Crosse, Wis.
Auditor — H. G. Haugan " "
Supt. Mack.—J. B. Henney Hokah, Minn.
Treasurer— Walton Ferguson ... .New York City.
Tkt. and Frt. Agt.—W. H. Barren, La Crosse, Wis.
Land Commissioner— J . K. Brown.. " "
PRINCIPAL OFFICE AND ADDRESS La Crosse, Wis.
Financial Office 92 Broadway, New York City.
WESTEKN EAILKOAD OF MINNESOTA.
Line of Road. — Sauk Rapids, Minn., to Brainerd, Minn 60.5 miles.
Sidings, 2 miles. Gauge, 4 feet 8-J- inches. Rail, 56 Ibs. .
. Organized January 31, 1874. Road opened November 1, 1877.
Rolling1 Stock and Operations. — Not reported.
Financial Statement, December 31, 1877.— Capital stock, $100,100. Funded
debt 1st mortgage 7 per cent, bonds, $500,000 ; 1st mortgage 7 per cent, land bonds,
$100,000 — total stock and bonds, representing cost of road, $700,100.
GEO. L. BECKER, President. St. Paul, Minn.
N. W. Kittson, Vice- President "
Secretary and Treasurer— R. M. Newport St. Paul, Minn.
PRINCIPAL OFFICE AND ADDRESS St. Paul, Minn.
794 EAILEOAD MANUAL OF THE UNITED STATES.
WOETHINGTON AND SIOUX FALLS KAILKOAD.
Line of Road. — Wortliington, Minn., to Sioux Falls, Dakota 100.00 miles.
In operation : Wortliington to Beaver Creek Station, Minn 37.75 "
Sidings, 1 mile. Gauge, 4 feet 8| inches. Kail, 45 Ibs.
Rolling Stock. — None owned.
This company was organized as the St. Paul and Dakota R. R. Co., March 1, 1876,
and under present title in May, 1876. The portion now in operation was completed
October 1, 1877. It is operated in connection with, and as a branch of, the Sioux
City and St. Paul R. R., under contract.
Operations for nine months ending June 30, 1877 (29.55 miles). — Trains run, 14,-
740; passengers carried, 2,841 ; carried one mile, 86,677 ; freight moved, 8,738 tons.
Earnings from passengers, $4,464.96; from freight, etc., $13,911.32 — total, $18,-
376.28. Operating expenses, $15,538.28 ; net earnings, $2,838.
Financial Statement, June 30, 1877. — Capital stock, $15,000 ; funded debt 1st
mortgage 8 per cent, bonds, due October 1, 1906, $283,000 ; 2d mortgage bonds (4
per cent, in 1878; 5 per cent, in 1879 and 1880, and 6 per cent, thereafter) due Jan-
uary 1, 1906, $186,000— total bonds, $469,000. The bonds are guaranteed by the St.
Paul and Sioux City and Sioux City and St. Paul R. R. Cos. The cost of construc-
tion to June 30, 1877, was $479,240.75.
The gross earnings to December 31, 1877 — 15 months — were $58,785.85 ; operat-
ing expenses, $27,360.04; net earnings, $31,425.81. The interest charge for 1878
will be $38,400.
Directors. — Horace Thompson, R. Blakeley, J. L. Merriam, H. G. Harrison, E.
F. Drake, J. Dean, T. A. Harrison, G. A. Hamilton, and P. H. Kelly.
HOKACE THOMPSON, President and Treasurer St. Paul, Minn.
Gen. Manager— J. W. Bishop St. Paul, Minn. \ Secretary— G. A. Hamilton ..-. St. Paul, Minn.
PRINCIPAL OFFICE AND ADDRESS St. Paul, Minn.
RAILROAD MANUAL OF THE UNITED STATES.
Y95
TERRITORY OF
Area, 150,932 square miles. Population, 68,852. Assessed valuation, not reported.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Tracks.
Length of Lines.
Total.
Dakota.
1.
2.
3.
Dakota Southern
Ft. In.
4:8i
4:8i
4:8|
M.
61.50
449.00
327.00
If.
55.67
195.50
38.50
Northern Pacific [Minnesota.
Winona and St. Peter (C. and N. W., in 111.)
Total Length
837.50
289.67
DAKOTA SOUTHEKN EAILEOAD.
Line of Road.— Sioux City, la., to Yanktou, Dakota 61.5 miles.
Sioux City and Penibina R. R. (operated), Davis Junction to Pprtlandville.17.6 "
Total length of road represented in traffic accounts 79.1 miles.
Sidings and other tracks, 5 miles. Gauge, 4 feet 8| inches. Rail, 45 Ibs.
The D. S. R. R. was chartered April 25, 1871, and opened for traffic February 17,
1873. It was built and operated by a construction company until its recent pur-
chase by the present company.
Rolling Stock. — Locomotive engines, 4. Cars — passenger, 2 ; baggage and mail, 2 ;
caboose, 2 ; and freight (box 50 ; stock, 2 ; platform, 18), 70 — total revenue cars, 76.
Also, 18 service cars.
Operations for year ending December 31, 1877. — Trains run — passenger, 76,518;
freight, 432,549— total, 509,067 miles. Passengers carried, 21,138 ; carried one mile,
1,050,379. Freight moved, 48,593 tons ; moved one mile, 2,412,268 tons.
Earnings.
From Passengers $60,509 28
«« Freight 137,42810
" Mail, Express, etc 8,60448
Expenditures.
For Maintenance of Way $35,714 11
41 Rolling Stock 22,71160
" Transportation, etc 48,465 48
$206,541 86 $106,891 19
Balance — net earnings, (48.25 per cent.) $99,650.67. Payments — interest and
sinking fund, $44,938.94; preferred stock dividend, $14,448.77; new rolling stock,
$11,916.63, and other payments, $24,839.19. Balance, credit, $3,507.14.
796 KATLKOAD MANUAL OF THE UNITED STATES.
Traffic account for four years :
1874.
1875.
1876.
1877.
$158,146 80
$159,228 38
$196,788 57
$206,541 86
90,201 02
96,289 98
103,203 53
106 891 19
$67,945 78
$62,938 40
$93,585 04
$99,650 67
General Balance, December 31, 1877.
Construction, etc $2,712,430 71 i Common Stock ....$1,500,000 00
Materials and Fuel
Cash and other Assets ,
11,146 66 [ Preferred Stock 600,000 00
12,424 75
Funded Debt 558,000 00
Profit and Loss, etc 78,002 12
$2,736,022 12 I $2,736,002 12
The funded debt consist of 1st mortgage 20-year gold sinking fund bonds, dated
February 1, 1874— issued $600,000; redeemed by sinking fund, $42,000; outstanding
at date, $558,000. Sinking fund for 1875 and '76, 1 per cent. ; for 1877, 2 per cent. ; for
1878, 3 per cent. ; for 1879 and '80, 4 per cent. ; and thereafter 5 per cent, per annum.
Directors (elected January 3, 1878). — Charles G. Wicker, Sioux City, la. ; W. A.
Burleigh, W. W. Brookings, J. C. McVay, D. T. Bramble, J. M. Stone, and J.< A.
Hanson, Yankton, Dak. Ter.
CHARLES (i. WICKER, President Sioux City, la.
Treasurer—George E. Merchant Sioux City, la.
Secretary— W . A. Burleigh Yankton. D. T.
Supt. — George E. Merchant Sioux City, la.
Auditor— Chas. H. Longman Sioux City, la.
Road Mast.—R. McDonald
Mast. Mech.—S. G. Butterfield. . " "
PRINCIPAL OFFICE AND ADDRESS Sioux City,
SIOUX CITY AND PEMBIKA. KAILKOAD.
Line of Road. — Sioux City, la., to Beloit, la 54 miles.
In operation : Davis Junction, la., to Portland ville, la 17.6 "
Sidings, 0.5 mile. Gauge, 4 feet 8^ inches. Rail, 45 Ibs.
The road is graded to Calliope, 14 miles beyond Portlandville.
Rolling Stock.— Supplied by Dakota Southern R. R. Co.
Operations for year ending December 31, 1877. — Passengers carried one mile,
140,624. Freight moved one mile, 862,255 tons. Earnings from passengers, $6,676 ;
from freight, $15,997.05; other sources, $1,484.76— total, $24,157.81. Operating ex-
penses, $7,825 ; net earnings, $16,332.81.
Financial Statement, December 31, 1877.— Capital stock, not reported. Cost of
construction to date, $200,000— estimated cost to completion, $600,000. It is proposed
to issue $300,000 1st mortgage bonds, dated May 1, 1878, bearing 7 per cent, interest,
due May 1, 1908, secured by the entire line to Beloit. It is intended to complete the
road to Beloit the present year.
Directors (elected October 27, 1877).— A. W. Hubbard, C. G. Wicker, J. P. Alii-
son, T. J. Stone and S. T. Davis, Sioux City, la.
A. W. HUBBARD, President Sioux City, la.
Gen.Man. & Treas.—C. G. Wicker.. Sioux City, la.
Secretary— G. E. Merchant " "
Mast. Mech.—S. G. Bntterfield Sioux City, la.
Parch. Agent.— C. G. Wicker "
PRINCIPAL OFFICE AND ADDRESS Sioux City, la.
RATT/ROAT) MANUAL OF THE UNITED STATES.
797
STA.TE OF IOW.A.
Area, 55,045 square miles. Population, 1,417,319. Assessed valuation, $404,670,044.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Tracks.
Length of Lines.
Total.
Iowa.
1. Burlington, Cedur Rapids and Northern
Ft. In.
4:8*
3 :
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
3:
4:8*
4:8*
4:8*
3:
4:8*
4:8*
4:8*
4:8*
4 = 8*
4:8*
4:8*
4:8*
M.
415.55
33.93
180.00
75.58
271.60
202.51
1,270.00
222.64
9.75
82.40
1,412.33
685.25
3.75
61.50
160.70
87.19
21.38
58.00
26.86
142.89
54.76
19.50
183.69
68.80
17.00
3.25
268.79
248.67
162.20
2.60
M.
403.05
33.93
79.60
75.58
271.60
202.51
492.53
197.64
9.75
82.40
337.00
422.72
3.75
5.83
160.70
87.19
21.38
58.00
26.86
142.89
54.76
19.50
183.69
68.80
17.00
3.25
129.38
52.90
162.20
2.60
2. Burlington and Northwestern
3. Burlington and Southwestern
4. Cedar Falls & Minnesota (Illinois Central). [111.
5. Cedar Rapids & Missouri River (C. &N.W.).[I11.
6. Central, of Iowa
7. Chicago, Burlington and Quincy [ Illinois
8. Chicago, Clinton, Dubuque and Minnesota. . . .
9. Chicago, Clinton and Western
10. Chicago.Iowa and Nebraska (Chic. & N.W.).fIll.
11. Chicago, Milwaukee and St. Paul. .[Wisconsin
12. Chicago, Rock Island and Pacific [Illinois
13. Chicago, Newton & South west' n (C.,R. I. & Pac.)
14. Dakota Southern [Dakota
15. Davenport and Northwestern
16. Des Moines and Fort Dodge
17. Des Moines, Indianola & Mo. (C., R. I. & P.).[I11.
18. Des Moines and Minneapolis
19. Des Moines.Winterset & S.W. (C.,R.I.& P.).[I11.
20. Dubuque and Sioux City (Illinois Central). [111.
21. Dubuque Southwestern
22. Iowa Eastern
23. Iowa Falls and Sioux City (Illinois Central). [111.
24. Iowa Midland (Chicago and North western). [111.
25. Iowa, Minnesota and North Pacific
26. Iowa Railway (Coal and Manufacturing)
27. Iowa South'n & Missouri No. (C., R. I. & P.)
28. Kansas City, St. Joseph & Council Bluffs.. [Mo.
29. Keokuk and Des Moines
30. Lyons Branch (Chicago and North western). [111.
798
KAILROAD MANUAL OF THE UNITED STATES.
STATE OF IOWA.— Continued.
CORPORATE TITLES.
Gauge of
Tracks.
Length of Lines.
Total.
Iowa.
31. Maple River (Chicago and Northwestern).. [111.
32. Missouri, Iowa and Nebraska [Missouri
Ft. In.
4 8%
4 8%
4 8X
4 8%
4 8%
4 8%
4 8#
4 8^
4 8%
3
M.
60.15
85.30
17.79
43.31
106.82
17.60
123.50
8.50
3.00
22.80
N.
60.15
14.79
17.79
43.31
79.86
17.60
57.25
8.50
3.00
22.80
33. Newton and Monroe (Chic., Rk. Isl. & P.). .[111.
34. St. Louis, Ottura. & C. R. (St.L.,K.C.& N.).[Mo.
35. Sioux City and Pacific
36. Sioux City & Pembina (Dakota South'n). [Dakota
37. Sioux City and St. Paul [Minnesota
38. Stan wood and Tipton (Chic. & North w'n). .[111.
39. Toledo & Northwestern (Chic. &Northw'n). [111.
40. Waukon and Mississippi
Total Length . .
6.941.84
4.134.04
BURLINGTON, CEDAE EAPIDS AND NOETHEEN EY.
Lines of Road.—
( Burlington, la., to Manly Junction, la ......... 223.27 miles.
-
Kirkwood, la,, to State Line, Minn ............. 4.45
Branches, named below .............................................. 175.33
Leased lines, named below .......................................... 23.50
Length of lines owned, leased, and operated 426.55 miles.
Sidings, etc., 28.36 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs. Steel rails, 45 m.
The Burlington, Cedar Rapids and Minnesota R. R. Co. was formed by the con-
solidation, June 30, 1868, of the Cedar Rapids and Burlington, and the Cedar Rapids
and St. Paul R. R. Cos., and the road opened to Plymouth, 218.5 miles, with 149 miles
of branch lines, in September, 1873. In November, 1873, it made default on the in-
terest on its bonds, and the road was placed in the hands of a Receiver, by whom it was
operated to July 1, 1876. The present company was organized June 19, 1876, and
purchased the property and franchises June 22, 1876, in the interestof the 1st mort-
gage bond-holders. The line was extended to a junction with the Central R. R. of
Iowa, at Manly Junction, in the autumn of 1877, and completed to a connection with
the Minneapolis and St. Louis R. R., November 10, 1877.
The branches are as follows : Linn to Postville (Milwaukee Division), 95.25 miles;
Vinton to Holland (Pacific Division, 24.5 miles, opened September 5, 1877), 49.18
miles ; Muscatine to Riverside (Muscatine Division), 30.9 miles — total, 175.33 miles.
Leased lines: Central R. R. of Minnesota, Manly Junction to North wood, la., 11
miles ; Minneapolis and St. Louis R. R., State Line to Albert Lea, Minn., 12.5 miles
— total, 23.5 miles. The portion of the M. and St. L. R. R. is leased in perpetuity,
and is considered as a part of the company's line.
KATLROAD MANUAL OF THE UNITED STATES.
799
Rolling Stock. — Locomotive engines, 33. Cars — passenger, 14; sleeping, 1;
mail and baggage, combined, 8; and freight (box, 525 ; stock, 26 ; platform and coal,
303), 854 — total revenue cars, 887. Also, 11 way and 149 service cars.
Operations for year ending June 30, 1877. — Trains run — passenger, $307,532 ;
freight, 854,765 ; other, 155,089— total, 817,386 miles. Passengers carried, 251,809 ;
carried one mile, 7,834,138. Freight moved (including coal, 60,236 tons) 403,146 ;
moved one mile, 20,764,950 tons.
Earnings.
From Passengers $269,015 66
" Freight. 656,466 10
" Mail and Express 38,516 71
Miscellaneous 3,485 42
Expenditures.
For Maintenance of Way ............... $247,737 46
" Rolling Stock ..................... 277,33300
" Transportation .................... 161,383 41
Miscellaneous .......................... 54,156 15
$967,483 89 $740,610 02
Balance— net earnings, $226,873.87. Payments: taxes, $30,453.25, leaving net
$196,420.62. In addition there were received from sales and lease of real estate, con-
necting companies, etc, $25,060.66, making available net income, $221,481.28. Pay-
ments : debt of B., C. R. and M. R. R. Co., $10,247.11 ; expenses of reorganization,
$17,353.66; Receiver's debts, $34,127.94: equipment, $114,417.30, real estate, $75,-
111.35 ; construction, $60,773.96 ; materials, $69,047.39 ; miscellaneous, $19,284.84—
total, $400,364.09. The indebtedness of the company amounted to $234,640.79.
During the time that the road was in the hands of the Receiver, July 21, 1875, to
June 30, 1876 — 11 months and 11 days — the gross earnings were $1,244,326.58 ; oper-
ating expenses, $854,566.72; net earnings, $392,759.86.
The gross earnings for previous years were as follows: 1871, 191 miles, $522,-
020 ; 1872, 261 miles, $852,394.97 ; 1873, 317.6 miles, $1,057,373.42 ; 1874, 414 miles
(46.5 leased), $1,191,663.55; 1875, 414 miles (46.5 leased), $1,072,695.45; 1876, 367.5
miles, $1,128,069.54.
At the time of the reorganization suits were pending against the company,
amounting in the aggregate to $354,703.87. Of these $90,246.66 are settled, $107,-
026.69 are pending in State courts, and $157,430.52 in U. S. Courts.
General Balance, June 30, 1877.
Construction and Equipment, old Co. $11,570,000 00
New Construction 66,773 96
Equipment and Improvement 114,417 30
Machine Shops 75,111 35
Reorganization Expenses 81,013 55
Bonds and Stock 4,930,OCO 00
Materials 69,04739
$16,900,363 55
Capital Stock $10,000.000 00
Bonds 6,500,000 00
Bills Payable, etc., 234,640.79 i
Less dues, etc., 55,757.98 j 78)88;
Real Estat e, Interest, etc 25,060 l2
Balance, Income Account 196,420 62
$16,900,363 55
Statement of funded debt in detail, June 30, 1877 :
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal
Payable.
Amount
Authorized.
Amount Out-
standing.
1st Mortgage, currency. . .
Sept. 1, 1876.
5
June and Dec.
June 1, 1906.
$6,500,000
$6,000,000
There are 34 miles of line, laid in 1877, not covered by any mortgage.
800 RAILROAD MANUAL OF THE UNITED STATES.
The company is also responsible by guarantee for $150,000 bonds of the Minnea-
polis and St. Louis R. R. Co., paying 7 per cent, interest in gold, dated February 1,
1877, due June 1, 1927, in payment for rental of line from State Line to Albert Lea,
12.5 miles. On payment of principal, the road becomes the property of the B., C. R.
and N. Ry. Co.
The account of the reorganization of the Co. is given in the MANUAL for 1877-78.
The annual interest account amounts to $325,000 currency, and $10,500 gold.
Since the close of the fiscal year (June 80), the company has increased its floating
debt some $300,000, partly by the purchase of 2 locomotives, and 235 freight cars, •
and by the construction of the addition to the Pacific Division.
The gross earnings for six months ending December 31, 1877, amounted to $821,-
232.61 ; operating expenses, $494,904.11 ; net earnings, $326,328.50.
The coupons due December 31, 1877, $162,500 in currency, and $5,250 gold, were
paid at date.
Directors (elected June 22, 1876). — Charles Bard, Norwich, Conn. ; Fred. Butter-
field, L. P. Morton, W. S. Nichols, W. S. Opdyke, Horace Porter, Fred. Taylor, New
York; Alexander Taylor, Rye, N. Y. ; S. C. Bever, E. F. VVinslow, Cedar Rapids, la.;
John I. Blair, Blairstown, N. J. : M. S. Bolles, Boston, Mass.; John M. Denison, Balti-
more, Md.
FRED. TAYLOR, President New York City.
E. F. Winslow, Vice-President and Gen. Manager. .Cedar Rapids, la.
Treasurer — Alexander Taylor New York.
Asst. Treasurer — C. Stickney Cedar Rapids, la.
Secretary— W. D. Walker
Supt. &Fit.& Tkt. Agt.—C. J. Ives "
Chief Engineer— W. P. Clarke "
Auditor— J. C. Brocksmit
Master Mach.-~R. W. Bushnell. . .Cedar Rapids, la.
Mas. Car Repairs— E. B Smith
Asst. Gen. Tkt. Agt.—K. F. Mills
Asst. Gen. Ft. Agt.—A. L. Mohler
Purchasing Agt.—G. S. Winslow
General Agent— C. W. Gardiner,
d New York.
Tranfer Agent — J. B. Thursfie
PRINCIPAL OFFICE AND ADDRESS Cedar Rapids, la.
Transfer Office Continental National Bank, New York City.
BURLINGTON AND NOKTHWESTERN RAILROAD.
Line of Road. — Burlington, Iowa, to Winfield, Iowa 33.93 miles.
Sidings, etc., 1.3 mile. Gauge, 3 feet. Rail, 30 Ibs.
This company was organized March 3, 1875, and the road opened December 1,
1876. From Burlington Junction to Mediapolis, 14.1 miles, it uses the line of B.,C. R.
and N. Ry., by means of an additional rail.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 1 ; freight and other, 48.
Operations for year ending December 31, 1877. — Trains run, 21,900 miles. Pas-
sengers carried one mile, 170,406 ; freight moved one mile, 180,144 tons. Earnings
from passengers, $4,610,96 ; from freight, $10,653.01 ; other sources, $1,030.12— total,
$16,294,09. Operating expenses, $13,161.73. Net earnings, $3,132.36. Rental paid,
$5,782.65. Balance— deficit, $2,650.29.
Financial Statement, December 31, 1877.— Capital stock, $134,836.42; bilh
payable, $61,303.84; profit and loss, etc., $23,485.80— total, $219,626.06. Per contra •
RAILROAD MANUAL OF THE UNITED STATES. 801
cost of construction, $174,436.98 ; equipment, $32,234. 39 ; real estate, etc., $7,426.88 ;
other assets, $5,528.31.
THOMAS HEDGE, President Burlington, Iowa.
Charles Mason, Vice- President " "
Sec. and Treas.—R. M. Green Burlington, la. | AcCg. Svpt.—Jno. T. Gerry Burlington, la.
PRINCIPAL OFFICE AND ADDRESS Burlington, Iowa.
BURLINGTON AND SOUTHWESTERN RAILROAD.
(In Progress.)
Line of Road. — Burlington, Iowa, to St. Joseph, Mo .260 miles.
Branches' f Unionville, Mo., to Kansas City, Mo 156 "
( Lexington, Mo., to Neosho, Mo 185 "
Total length of line as projected , 601 miles.
In operation : Burlington, Iowa, to Laclede, Mo 180
Second tracks and sidings, 40 miles. Gauge, 4 feet 8i inches. Rail, 52 Ibs.
The road is also graded from Laclede, Mo., to Stanley City, 12 miles.
Rolling Stock. — Locomotive engines, 6. Cars — passenger, 5 ; baggage, 2 ; freight
(box, 50 ; platform, 55), 105 — total, 112 revenue cars. Also, 2 service cars.
Operations for year ending December 31, 1877. — Earnings, $170,549.28; opera-
ting expenses, $164,750.73. Balance, net earnings, $5,798.55."
Financial Statement, April 1, 1878.— Capital stock authorized, $10,000,000;
funded debt, 1st mortgage 8 per cent, bonds, on line from Burlington to Unionville,
130 miles, dated May 1, 1871, payable May 1, 1895, interest payable May and Novem-
ber, $1,800,000. 2d mortgage, 7 per cent, gold bonds, on line from Unionville to
Laclede, 50 miles, $1,600,000. Amount authorized, $20,000 per mile of completed
road.
The road was placed in the hands of a Receiver October 8, 1874, and a reorganiz-
ation is expected during the present year. The statement of earnings given above is
from the report of the Executive Council of Iowa.
Directors (elected July 26, 1877).— Elijah Smith, P. W. Smith, and Henry
Sayles, Boston, Mass. ; W. W. Crapo, W. J. Rotch, and Edward D. Mandell, New Bed-
ford, Mass. ; Jno. Severence, T. Jeff. Chandler, and T. B. Weakley, St. Joseph, Mo.
ELIJAH SMITH, Pres., Receiver and Gen. Manager. ..Boston, Mass.
Sec. and Treas.—S. A. Ostrander. . .Burlington, la. | Gen. Supt.—John W. Smith Burlington, la.
General Ticket, Freight, and Transfer Agent— 3. A. Ostrander Burlington, la.
PRINCIPAL OFFICE AND ADDRESS Burlington, Iowa.
CENTRAL RAILROAD OF IOWA.
Line of Road. — Albia, Iowa, to North wood, Iowa 189.14 miles.
Branch : Grinnell to Montezuma t 13.37 "
Sidings and other tracks, 15.1 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
51
802
KATLROAD MANUAL OF THE UNITED STATES.
This road was opened in 1871, and was placed in the hands of a Receiver in 1873.
Rolling Stock. — Locomotive engines, 22. Cars — passenger, 9 ; baggage, mail
and express, 6; freight (box, 350; platform, 270; caboose, 14), 634 — total revenue
cars, 649. Also, 13 service cars, 66 hand cars, and 2 snow plows.
Operations for year ending December 31, 1877. — Earnings, $744,818.71. Opera-
ting expenses, $558,487.32 ; net earnings, $186,331.39.
This statement is made from the report of the Executive Council of Iowa, the
officers refusing all information.
Financial Statement, December 31, 1872. — Capital stock authorized, $30,000 per
mile; amount paid in not reported. Funded debt, $4,527,000. Cost of road and
equipment not reported. No later statement is furnished.
{Statement of funded debt in detail :
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal
Payable.
Authorized.
Out-
standing.
First Mortgage
Jan. 15, 1869.
7
Jan. and July.
Jan. 15, 1899.
$3,700,000
$3,700,000
Second Mortgage
Apr. 15, 1871.
7
Apr. and Nov.
Apr. 15, 1901.
925,900
827,000
ISAAC M. GATE, President Boston, Mass.
H. L. Morrill, Receiver and Gen. Manager Grinnell, la.
Superintendent — J. C. Johnston.. Marshalltown, la.
Auditor— H. Lawrence " "
Gen. Tkt. Agt.—Amos Eussell . . Marshalltown, la.
Gen. Freight Agent— J. C. Manly,
PRINCIPAL OFFICE AND ADDRESS Marshalltown, la.
CHICAGO, CLINTON, DUBUQUE AND MINNESOTA E. K.
Line of Road. — Clinton, la., to La Crescent, Minn 178.14 miles.
Branch line : Turkey River, la., to Wadena, la 44.50 "
Total length of main and branch lines in operation 222.64 miles.
Sidings and other tracks, 15.59 miles. Gauge, 4 feet 8 inches. Rail, 50 and 56 Ibs.
This company was organized February 28, 1878, by the consolidation of the Clin-
ton and Dubuque, and the Dubuque and Minnesota R. R. Cos., organized September
20, 1877, as successors of the Chicago, Clinton and Dubuque, and Chicago, Dubuque,
and Minnesota R. R. Cos. respectively. The road was opened in 1871. The companies
made default on the interest on their bonds in January, 1875, and decree of foreclosure
was issued in October, 1876, and the roads turned over to trustees March, 1877. The
C. and D. R. R. Co. purchased the D. and M. R. R. at date of consolidation.
Rolling Stock. — Locomotive engines, 12. Cars — passenger, 9 ; baggage, mail
and express, 4 ; freight (box and stock, 344 ; and platform 76), 420 — total revenue
cars, 433. Also, 8 service cars.
Operations for year ending February 28, 1878. — Trains run — passenger, 156,519 ;
freight, etc., 188,325 — total, 344,844 miles. Passengers carried, 90,286 ; carried one
mile, 3,992,323; freight moved, 198,196 ; moved one mile, 12,806,736 tons.
EAILKOAD MANUAL OF THE UNITED STATES.
803
Earnings.
From Passengers $148,699 94
" Freight, etc 277,75699
Miscellaneous 17,15450
$443,611 43
Expenditures.
For Operating Expenses $233,240 54
" Renewals, etc 86,17092
Balance— Net Income 124,199 97
$443,611 43
Financial Statement, February 28, 1878. — Capital stock, representing cost of
road, equipment, etc., to consolidated Co., $6,156,600. The details of capital stock
and bonds of the former companies are stated in MANUAL for 1877-78. The branch
to Wadena was completed from Elkport, 29.25 miles, January 1, 1878, at a cost of
$280,000.
Directors (elected February 22, 1878).— Sidney Bartlett, N. Thayer, J. W. Brooks,
J. A. Burnham, H. H. Hunnewell, J. N. Denison, Alpheus Hardy, F. Bartlett, and
N. Thayer, Jr., Boston, Mass.; J. F. Joy, Detroit, Mich.
J. F. JOY, President Detroit, Mich.
Treasurer — J. N. Denison Boston, Mass. Asst. Superintendent — S. A. Wolcott..Dubuque, la.
Superintendent— ¥. O. Wyntt Dubuque, la. Auditor— C. H. McArthur " "
Gen. Frt. & Tkt. Agent— 3. Chapman " Mast. Mech.—E. Smedley " "
Purchasing Agent— F. O. Wyatt Dubuque, la.
PRINCIPAL OFFICE AND ADDRESS Dubuque, la.
Transfer Office 49 Sears' Building, Boston.
CHICAGO, CLINTON AND WESTERN RAILROAD.
Line of Road. — Iowa City, la., to Elmira, la 9.75 miles.
Sidings, etc., 0.25 mile. Gauge, 4 feet 8i inches. Rail, 50 Ibs.
This road was opened in 1877, and sold under foreclosure March 6, 1878.
Rolling1 Stock. — Not reported.
Operations for year ending December 31, 1877. — Gross earnings, $9,162,36 ;
operating expenses, $11,420.12; balance, deficit, $2,257.76.
All further information refused.
E. H. THAYER, Receiver and Gen. Manager. Chicago, 111.
PRINCIPAL OFFICE AND ADDRESS Iowa City, 111.
DAVENPORT AND NORTHWESTERN RAILWAY.
Line of Road. — North Davenport, la,, to Fayette, la 128.4 miles.
Branch : Eldridge, la., to Maquoketa, la 32.3 "
Total length of railroad owned and operated by company 160.7 miles.
This company was organized June 19, 1876, as successor of the Davenport and
St. Paul R. R. Co., sold under foreclosure.
Rolling1 Stock. — Locomotive engines, 8. Cars — passenger, 9 ; baggage, etc., 3;
freight (box, 51 ; stock, 6 ; platform, 45), 102. Also, 58 hand cars.
804
RAILROAD MANUAL OF THE UNITED STATES.
Operations for year ending December 31, 1877. — Trains run— passenger, 110,448 ;
freight, etc., 138,025— total, 248,473 miles. Passengers carried, 76,363 ; freight
moved, 56,195 tons.
Earnings.
From Passengers $66,85887
". Freight 124,52952
" Mail, etc 10,122 53
$201,510 92
Expenditures.
For Maintenance of Way $43,990 33
" Rolling Stock 33,89132
" Transportation, etc 90,645 83
$168,527 48
Balance, net earnings, $32,983.44. Payments : miscellaneous, $10,590.57.
General Balance, December 31, 1877.
Construction, etc $5,326,82666 Capital Stock $3,420,00000
Materials
9,010 58
Funded Debt
1,710,000 00
Current Accounts ...
3 768 74
Bills Payable
196,826 66
13,371 91
Sundry Accounts
26,151 28
«?; 3*9 077 R9
ft5.352.977 ftO
Statement of funded debt in detail, December 31, 1877 :
Character of Bonds.
Date of
Issue.
Rate
p. c.
Interest
Payable.
Principal
Payable.
Authorized.
Out-
standing.
First Mortgage
Dec. 1, 1876.
5 gold
June and Dec.
Dec. 1, 1906.
$1,710,000
$1,710,000
Directors (elected May 7, 1878).— A. Marcus, E. L. Frank, August Rutter, W.
B. Bonn, L. H. Meyer, Edward Livingston, New York City ; James Grant, Jno. E.
Henry, Davenport, la. ; J. C. Spencer, Milwaukee, Wis.
LEWIS H. MEYER, President New York City.
Treasurer— August Rutter New York City.
Sec and Auditor — J. S. Conner Davenport, la.
Supt. and Pur. Agt.—Julm E. Henry, 'f "
Road Master — G. W. Moors Davenport, la.
Master Mechanic — H. E. Woods
Tkt. & Ft. Agt.—Jno. L. Kellogg. . . " "
PRINCIPAL OFFICE AND ADDRESS Davenport, la.
DES MOIKES AND FOBT DODGE EAILEOAD.
Line of Road. — Des Moines, Iowa, to Fort Dodge, Iowa 87.19 miles.
Sidings, 8 miles. Gauge, 4 feet 8J inches. Rail, 60 Ibs. Steel rails, 2 miles.
This road is a portion of the former Des Moines Valley Railroad, extending from
Keokuk to Fort Dodge, and opened in 1870, which was sold, under foreclosure, by
decree of the U. S. Circuit Court, October 17, 1873. In the reorganization two sepa-
rate companies were formed, under the titles, respectively, of the Keokuk and Des
Moines R. R. Co., and the Des Moines and Fort Dodge R. R. Co. The latter com-
pany was organized in 1874.
Rolling Stock. — Locomotive engines, 9. Cars — passenger, 5 ; baggage, mail
and express, 5 ; and freight (box, 75 ; platform, 24 ; stock, 18 ; coal, 34), 151— total
revenue cars, 161. Also, 14 service cars.
RAILKOAJD MANUAL OF THE UNITED STATES. 805
Operations for year ending December 31, 1877. — Trains run — passenger, 54,519 ;
freight, etc., 55,359 — total, 109,578 miles. Passengers carried, 46,864 ; carried one
mile, 1,434,047. Freight moved, 47,272 ; moved, one mile, 1,774,112 tons.
Earnings.
Prom Passengers $57,47144
" Freight 78,11582
" Mail, Express, etc 12,84708
$148,434 84
Expenditures.
Operating Expenses $129,667 94
Balance— Net Earnings 18,766 90
Interest payment, $ 66,000.
$148,434 84
The total earnings for 1874 were $108,830.82 ; operating expenses, $110,910.36 ;—
for 1875, earnings, $163,483.65 ; operating expenses, $142,697.05 ;— for 1876, earnings,
$170,154.09; expenses, $120,077.95.
Financial Statement, December 31, 1877. — Capital stock paid in, common, $1,-
087,000; preferred, $756,120— total, $1,833,120; funded debt, $2,179,000— total stock
and bonds, $3,012,120. The funded debt consists of $1,089,000 6 per cent, coupon
bonds, dated June 1, 1874, and payable June 1, 1905, and of the same amount of in-
come bonds, payable only in case of surplus. The cost of the road to the present
company was $2,400,000.
Directors (elected February, 1878). — Charles E. Whitehead, Charles Dana, Geo.
Bliss, David E. Green, David Stewart, J. L. Ludlum, W. R. Sands, New York ; C.
C. bourse and George B. Smyth, Iowa.
CHARLES E. WHITEHEAD, President and Treasurer New York.
Secretary— P. Sannders N. Y. City.
Gen. Tkt.&Ft.Agt.- G. W. Oglevie.Des Moines, la.
Supt. Car Shop — Robert Merrill... "
Supt. — Charles N. Gilmore Des Moines, la.
Road Master— H. C. Mclntyre "
tiupt. Machinery— J. McGrayel " "
PRINCIPAL OFFICE AND ADDRESS Des Moines, la.
Financial Office 61 Wall Street, New York.
DES MOINES AND MINNEAPOLIS KAILKOAD.
Line of Road. — Des Moines, la., to McGregor, la 197 miles.
In operation : Des Moines, la., to Lakin, la 58 "
Sidings, 2 miles. Gauge, 3 feet. Rail, 30 Ibs.
Chartered in 1873. Opened to Ames, July 29, 1874.
Rolling" Stock. — Locomotive engines, 4. Cars — passenger, 4 ; baggage and ex-
press, 3 ; freight, 52 — total, 59 cars. Also, 12 service cars.
Operations for year ending December 31, 1877. — Not reported. Earnings from
passengers, $29,913.60; from freight, $27,321.36; from mail, express, etc., $1,856 —
total, $59,090,96. Operating expenses, $32,137.54. Balance— net earnings, $26,953.42.
Payments — construction, $7,012.12 ; interest on funded debt, $17,085 ; surplus for
year, $2,856.30.
Financial Statement, December 31, 1877.— Capital stock, $165,200 ; funded debt,
1st mortgage 10 per cent, bonds, payable in 1879, $130,000 ; 2d mortgage 11 per cent,
bonds," payable in 1879, $48,000 ; floating debt, $26,485,44— total, $369,685.44. Per
contra : Cost of road and equipment, $379,675.66.
806
RAILROAD MANUAL OF THE UNITED STATES.
The statement of earnings and capital account applies only to the road from Des
Moines to Ames, 37 miles.
Directors (elected January 1, 1878). — Jas. Callanan, J. J. Smart, J. B. Stewart, C.
H. Getchell, J. R. Bancroft, and J. M. Day, Des Moines, la. ; N. A. Rainbalt, Ames, la.
JAMES CALLANAN, President Des Moines, Ta.
J. J. Smart, Vice- President and Superintendent .... " "
Secretary— C. B. Atkins Des Moines, la.
Chief Engineer— R. E. Hurley. ... "
Treasurer — C. H. Getchell Des Moines, la.
Gen. Tkt. Agent— C. B. Atkins. ... " "
PRINCIPAL OFFICE AND ADDRESS * Des Moines, la.
DUBUQUE SOUTHWESTERN EAILEOAD.
Line of Road. — Farley, la., to Cedar Rapids, la 54.76 miles.
Sidings and other tracks, 3.37 miles. Gauge, 4 feet 8i inches. Rail, 45 and 56 Ibs.
Successors of Dubuque, Marion and Western R. R. Co. Road commenced in
1858. Opened 1864.
Rolling Stock. — Locomotive engines, 4. Cars — passenger, 3 ; baggage, etc. , 4 ;
freight (box, 40 ; and platform, 30), 70 — total revenue cars, 77. Also, 18 service cars.
Operations for year ending December 31, 1877. — Passengers carried, 58,991.
Freight moved, 42,899 tons.
Earnings.
From Passengers $38,801 20
" Freight,etc 63,30590
Expenditures.
For Operating Expenses $97,514 20
" NetEarnings 4,59290
$102,107 10
Payments — interest, $5,495.
General Balance, December 31, 1877.
$102,107 10
Cost of Road and Equipment $1,772,797 24
Materials on Hand 8,493 25
Current Assets . ,
Cash on Hand..,
Profit and Loss .
11,852 32
4,315 43
79,155 21
Capital Stock— Common $590,262 00
" Preferred 590,542 50
Funded Debt 528,500 00
Bonds Retired from Sinking Fund 21,500 00
Other Liabilities 137,315 70
$1,868,120 20 $1,868,120 20
Description of bonds issued and outstanding, December 31, 1877 :
Character of Bonds.
Date of
Bonds.
Rate,
p. c.
Interest
Payable.
Principal
When Due.
Amount
Author-
ized.
Amount
Out-
standing.
1st Mortgage Bonds
Oct. 1, 1863.
7
April and Oct.
Oct. 1, 1883.
$450,000
$450.000
Pruf. 1st Alort. "
Julyl, 1863.
7
Jan. and July.
July 1, 1883.
100,000
78,500
Directors (elected February 11, 1878). — D. Willis James, E. K. Goodnow, J. B.
Dumont, N. Y. City ; D. A. McKinlay, Dubuque, la. ; and John Crerar, Chicago, 111.
J. B. DUMONT, President and Superintendent New York City.
Treas. and Sec.—D. A. McKinlay Dubuque, la.
Acting Supt. — Jos. Sampson
Road Master— P. F. Cunningham Farley, la.
Tkt.,Frt.&Pur.Agt.—D.K. McKinley .Dubuque, la.
PRINCIPAL OFFICE AND ADDRESS Locust Street, Dubuque, la.
Financial Agency (M. K. Jesup & Co.) No. 52 William St., New York.
BATLBOAD MANUAL OF THE UNITED STATES. 807
IOWA EASTERN EAILEOAD.
Line of Road. — Beulah, la., to El Kadir, la 19.50 miles.
Sidings, 1 mile. Gauge, 3 feet. Rail, 30 Ibs.
Rolling- Stock. — Not reported.
Operations for year ending December 31, 1877. — Gross earnings, $17,858.93;
operating expenses, $15,231.16 ; net earnings, $2,626.77.
The officers of the company refuse all information. The earnings, etc., are as
reported to the Secretary of State bf Iowa.
E. H. WILLIAMS, President Beulah, Iowa.
Secretary — F. Larrabee McGregor, Iowa. | Superintendent — Henry Meyer Beulah, Iowa.
PRINCIPAL OFFICE AND ADDRESS Beulah, Iowa.
IOWA, MINNESOTA AND NOETH PACIFIC EAILEOAD.
(In Progress.)
Line of Road. — Keokuk, Iowa, to — miles.
In operation : Keokuk to 17 "
This road is reported by the Executive Council of Iowa as being built for 17
miles. No information furnished by the officers of the company.
C. K. PECK, President Keokuk, Iowa.
Secretary— Thomas Chad wick Monroe, Iowa. | Treasurer— John Myer Ironton, Iowa.
PRINCIPAL OFFICE AND ADDRESS Keokuk, Iowa.
IOWA EAILWAY.
Line of Road. — Boonsboro, la., to 3.25 miles.
This road was built for mining purposes, and no report of it is furnished by the
officers. Its full name is Iowa Railway Coal and Manufacturing Company. From
the report of the Executive Council of Iowa it appears that the earnings for 1876 were
$12,531.88; operating expenses, $8,354.34; net earnings, $4,177.54.
Financial Statement. — Not reported. The assessed valuation is given as $9,750.
CHARLES H. SHERMAN, President and Gen. Man. . . .Boonsboro, la.
Secretary — Delos Arnold Marshalltown, la. | Treasurer — T. N. Canfleld Boonsboro, la.
PRINCIPAL OFFICE AND ADDRESS Boonsboro, la.
IOWA SOUTHEEN AND MISSOUEI NOETHEEN E. E.
Line of Road.— Washington, la. (Ch., R. I.&P. R.R.),toLeavenworth, Kan. .269m.
Extension : Fort Leaven worth R. R. (River to Leaven worth, Kan.) 2 "
Total length of main line and branch 271 m.
This company was chartered in August, 1876, and purchased the Chicago and
Southwestern Railway, which was opened October 9, 1871, and was organized by the
consolidation, September 25, 1869, of the. Chicago and Southwestern Railways of
Iowa and Missouri. It is operated by the Chicago, Rock Island and Pacific R. R. Co.
808
RAILKOAD MANUAL OF THE UNITED STATES.
Rolling Stock.— Furnished by Cli., R. I. and P. R. R. Co.
Operations. — Not reported. From the statement of the Executive Council of
Iowa it appears that the earnings for the year ending December 31, 1877, were $407,-
377.53; operating expenses, $454,766.71— deficit, $47,388.18. It is not stated whether
these earnings are for the entire line or only for the Iowa portion. The earnings for
the year 1873 were $286,746.21, and the operating expenses $299,389.94— a deficit of
$12,645.73; for 1874 the earnings were $351,045.75; and for 1875 $270,911.90; and
for 1876, $337,475.64.
Financial Statement, April 1, 1877.— Capital stock, $3,200,000.
F. H. GRIGGS, President Davenport, Iowa.
Treasurer— -F. H. Tows New York City. | Gen. Supt.—A . Kimball Davenport, Iowa.
Secretary— 3. L. Drew Davenport, Iowa.
PRINCIPAL OFFICE AND ADDRESS. .(C., R. I. and Pac. R. R. Co.) Chicago, 111.
KEOKUK AND DES MOINES KAILWAY.
Line of Road. — Keokuk, la., to Des Moines, la 162.2 miles.
Sidings and other tracks, 18.5 miles. Gauge, 4 feet 8£ inches. Rail, 56 and 60 Ibs.
Reorganization January 1, 1874, of the Eastern Division of the Des Moines Valley
Railroad, sold under foreclosure October, 1873. Articles of incorporation dated De-
cember 19, 1873, and company took possession April 1, 1874. Road opened 1870.
Rolling Stock. — Locomotive engines, 18. Cars — passenger, 15 ; baggage, mail
and express, 5 ; and freight (box, 202 ; platform, 50 ; stock, 101 ; coal, 86), 439 — total
revenue cars, 459. Also, 89 service cars.
Operations for year ending December 31, 1877. — Trains run — passenger, 209,895 ;
freight, etc., 252,855 — total, 462,250 miles. Passengers carried, 171,005 ; carried one
mile, 5,833,563. Freight moved, 190,598 tons ; moved one mile, 16,220,187 tons.
Earnings.
Prom Passengers $178,157 26
" Freight 343,072 88
" Mail and Express 24,990 12
Miscellaneous 16,237 19
Expenditures.
For Maintenance of Way $108,656 24
" Rolling Stock 70,142 59
" Transportation 180,53216
Miscellaneous 59,337 21
$562,458 05 $418,668 20
Balance — net earnings, $143,789.85. Payments — interest on funded debt, $57,064 ;
other payments, 117,173.57.
Abstract of operations for] four years :
Fiscal Years.
Miles
R. E.
Passen-
gers.
Mileage.
Freight,
Tons.
Mileage.
Gross
Earnings.
Net
Earnings.
1874...
161.5
331,151
5,145,760
193,693
15,618,281
$706,185 63
$°54,781 16
1875
162.2
200,383
7,179,975
255,340
18,397,152
792,782 84
257,324 85
1876
162.2
•207,410
6,976,319
208,227
15,707,696
602.902 01
137,305 77
1877
162.2
190,598
5,833,563
190,598
16,220,187
562,458 05
143,789 85
General Balance, December 31, 1877.
Construction Account $6,446,713 91
Materials, etc 22,911 60
Sundry Accounts 13,235 88
Cash and other Assets 28,371 10
$6,511,232 49
Capital Stock $3,924,600 00
Funded Debt 2,436,300 00
Bills Payable, etc. 49,95296
Other Accounts 100,379 53
$6,511,232 49
RAILROAD MANUAL OF THE UNITED STATES.
809
The capital stock consists of $2,400,000 common and $1,524,600 preferred.
Description of bonds issued and outstanding :
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal,
When Due.
A mount
Authorized.
Amount
Outstanding.
First Mortgage
Funded Interest
(( U
Feb., 1874.
April, "
Oct., 1877.
7
8
8
April and Oct.
April and Oct.
«< ' u
1904
1884
u
$2.300,000
258,720
145,600
$2,080,COO
254,800
101,500
Since the close of the fiscal year it is stated that an agreement to lease the road
to the Chicago, Rock Island and Pacific R. R. Co., from October 1, 1878, has been
entered into.
Directors (elected June 2, 1876). — Henry A. Barling, J. Augustus Johnson, Robert
C. Geer, C. Seguine Johnson, Israel Corse, J. A. Alexander, and W. C. Nicoll, New
York; 0. C. Hale, Keokuk, la.; Edward D. Mandell, New Bedford, Mass.
HENRY A. BARLING, President and Treasurer New York City.
C. Seguine Johnson, Vice- President " "
Secretary — A. Bridgman Keokuk.
Gen. Superintendent — F. K. Dain "
Auditor & Trans. Agt.— John Roundey, New York.
Road Master— John Shea Keokuk.
Matter Machinery— S. W. Wakefield "
Gen. Tkt. and Frt. Agt.— John Givin .... '«
PRINCIPAL OFFICE AND ADDRESS Keokuk, la.
Transfer Office 48 Pine Street, New York City.
SIOUX CITY AND PACIFIC RAILROAD.
Line of Road.— Sioux City, Iowa, to Fremont, Neb 106.82 miles.
Leased : Fremont, Elkhoru and Missouri Valley R. R 51.13 "
Total length of line owned, leased, and operated 157.95 miles.
Sidings and other tracks, 14.96 miles. Gauge, 4 feet 8-J inches. Rail, 56 Ibs.
Rolling Stock. — Locomotive engines, 13. Cars — passenger, 8 ; baggage, mail
and express, 6; freight (box, 89; stock, 15; platform, 50) 154 — total revenue cars,
168. Also, 61 service and road cars.
Operations for year ending December 31, 1877. — Trains run — passenger, 97,064 ;
freight, etc., 124,554 — total, 221,618 miles. Passengers carried, 62,628; carried one
mile, 2,536,709. Freight moved, 123,284 ; moved one mile, 7,855,701 tons. The com-
pany refuse all information as to earnings and expenses. By the Report of the Secre-
tary of the Interior they appear to have earned, for the year ending June 30, 1877,
$300,546.39, as follows: from passengers, $86,033.17; freight, $205,898.36; miscel-
laneous, $8,815.92. Expenses, $285,366.64 ; net earnings, $15,179.75 ; interest paid,
$97,680.
The earnings for year ending June 30, 1874, were $319,819.12; for 1875,$268,-
077.59; for 1876, $292,489.14.
Financial Statement, December 31, 1877. — Capital stock paid in — common,
$1,889,400; preferred, $169,000— total, $2,068,400 ; and funded debt, 1st mortgage 6
per cent, gold bonds, dated July 1, 1868, and payable, interest semi-annually, January
and July, and principal July 1, 1898, $1,628,000 — total stock and bonds (representing
cost of road and rolling stock), $3,696,400.
The preferred stock pays 7 per cent, dividend per annum, due April 1 and Octo-
ber 1.
810 RAILROAD MANUAL OF THE UNITED STATES.
According to the Report of the Secretary of the Interior, the total funded debt of
the company amounts to $3,256,320, of which $1,628,320 is due to the United States,
and the floating debt to $69,955.29.
This company has a land grant claimed to amount to 60,000 acres, of which
40,597 had been certified to it up to June 30, 1877. The length of line, as reported
by the Secretary of the Interior, is 101.77 miles.
Directors (elected May 20, 1877).— John B. Alley, Lynn, Mass. ; Fred L. Ames,
Oliver Ames, 2d, North Easton, Mass. ; John I. Blair, Blairstown, N. J. ; D. C. Blair,
Belvidere, N. J. ; James Blair, Scranton, Pa. ; J. M. Glidden, F. Nickerson, Boston,
Mass. ; Horace Williams, Clinton, Iowa.
OLIVER AMES, President North Easton, Mass.
D. C. Blair, Vice-President Belvidere, N. J.
Audi/or— G. T. Crandell Cedar Rapids, la.
Treasurer— John M. Glidden . . ..Boston, Mass.
Sec. & Gen. Manager— P. E. Hall. Cedar Rapids, la.
General Supt.—F. C. Hills Missoxiri Valley, "
Parch. Agt.—P. E. Hall
Road Master — F. M. Marsh. . .Missouri Valley,
Gen. Tkt. & Frt. Agt.—F. C. Hills.. Sioux City, "
. Cedar Rapids, la.
PRINCIPAL OFFICE AND ADDRESS Cedar Rapids, la.
Fiscal and Transfer Agency 27 Sears' Building, Boston, Mass.
FREMONT, ELKHOEN AND MISSOUPJ VALLEY E. E.
Line of Road. — Fremont, Neb. , to mouth of Niobrara River, Neb.. About 150 miles.
In operation : Fremont, Neb., to Wisner, Neb 51.13 "
Sidings and other tracks, 3 miles. Gauge, 4 feet 8^ inches. Rail, 50 Ibs.
Leased and operated under temporary contract by Sioux City and Pacific R. R. Co.
Rolling Stock. — Furnished by lessees.
The officers of this company refuse to furnish any statement of its operations.
The lease rent is 33£ per cent, of gross earnings.
Financial Statement, December 31, 1874. — Capital stock paid in, $690,000 ; and
1st mortgage 7 per cent, bonds, dated April 1, 1871, interest payable April and October,
and principal due 1901, $690,000 — total stock and bonds (representing cost of road),
$1,380,000.
P. S. CROWELL, President East Dennis, Mass.
PRINCIPAL OFFICE AND ADDRESS Cedar Rapids, Iowa.
WAUKON AND MISSISSIPPI EAILEOAD.
Line of Road. — Adams, la., to Waukon, la 22.8 miles.
Sidings, 0.5 mile. Gauge, 3 feet. Rail, 30 Ibs.
This road was opened October 27, 1877. No report of operations furnished.
Rolling Stock. — Locomotive engine, 1. Cars — passenger, 1 ; other, 21.
Financial Statement.— December 31, 1877.— Capital stock, $100,000; funded
debt, $67,000 ; being, $27,000 1st mortgage 8 per cent, bonds, dated July 1, 1877, due
July 1, 1882 ; and $40,000 2d mortgage 10 per cent, bonds of same dates. The road is
operated by a guarantee company.
D. W. ADAMS, President and Superintendent Waukon, la.
Vice-President— k. E. Robbins Waukon, la. I Secretary— John W. Pratt.. ,. Waukon la
Treasurer— L. W. Hersey •' " | Auditor— J. Holahan '• "
PRINCIPAL OFFICE AND ADDRESS Waukon, la.
RAILROAD MANUAL OF THE UNITED STATES.
811
STA.TE OF MISSOURI.
Area, 65,350 square miles. Population, 2,184,832. Assessed valuation, $610,558,840.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Track.
Length of Lines.
Total.
Missouri.
1. Beaver Branch (St. Louis and San Francisco)..
2. Boone County & Booneville (St. L., K. C. & N.)
Ft.
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
3 :
4:8*
4:8*
4:8*
4:8*
4: 8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
4:8*
5:
4:8*
4:8*
4:8^
4:8*
4:8*
4:8*
M.
4.37
22.00
38.50
162.00
292.30
268.79
38.00
43.00
248.67
27.00
100.80
85.30
787.19
294.50
84.00
159.92
25.00
44.50
70.00
76.25
42.00
39.00
684.25
380.00
95.00
55.25
41.50
326.50
1.17
M.
4.37
22.00
38.50
82.41
292.30
140.41
26.00
43.00
195.77
27.00
100.80
70.51
285.60
294.50
55.60
2.22
25.00
22.00
70.00
76.25
42.00
39.00
377.75
380.00
95.00
55.25
41.50
292.50
1.17
6. Iowa Southern & Mo. Nort. (C. R. I. & P.). [Iowa
9. Kansas City, St. Joseph and Council Bluffs. . . .
10 Little River Valley and Arkansas
11. Louisiana and Missouri River (C. & A., in 111.)
12 Missouri Iowa and Nebraska
16. Missouri River, Fort Scott and Gulf. ..[Kansas
17. Osage Valley & Southern Kansas (Mo. Pacific).
18. Pleasant Hill and De Soto (A., T. & S. F.). [Kan.
19. Quincy, Missouri and Pacific
20. St. Joseph and St. Louis (St. L., £. C. & N.). .
21 St Louis Council Bluffs and Omaha
22 St Louis Hannibal and Keokuk
23 St Louis Iron Mountain and Southern
24 St Louis Kansas City and Northern
25. St. Louis, Keokuk and Northwestern . .
26. St. Louis and Lexington (Missouri Pacific). . . .
27. St. Louis, Salem and Little Rock
28. St. Louis and San Francisco
29. Salem and Southeastern (St. L., S. and L. R.).
Total Length
4,471.86
3,198.41
812 RAILBOAD MANUAL OF THE UNITED STATES.
BRUNSWICK AND CHILLICOTHE KAILKOAD.
Line of Road.— Brunswick, Mo., to Chill icotlie, Mo 38.5 miles.
Sidings and other tracks, 2.5 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
The B. and C. R. R. Co. was chartered in November, 1873, and purchased at fore-
closure sale the Chillicothe and Brunswick Railroad for $70,000. The capital stock
was fixed at $450,000, which was given at par to the holders of C. and B. R. R. Co.
bonds, or to those not assenting the Co. gave $125 cash for each $1,000 bond. The road
has been leased for five years to Hatch and Van Every, and is now operated by them in
connection with the St. Louis, Council Bluffs and Omaha Railroad, now completed to
Pattonsburg. Both these roads were formerly operated under lease by the St. Louis,
Kansas City and Northern R. R. Co.
Rolling1 Stock. — None owned. Furnished by lessees.
Operations for year ending December 31, 1877. — Not reported. Lease rental,
not stated. Dividend, June 1, 1877, 3 per cent.
Financial Statement. — Capital stock, $450,000 ; funded debt, none. Six of the
C. and B. R. R. Co. bonds have not been presented for payment.
GEORGE M. RICE, President Worcester, Mass.
Sec. & Treas.— Edward P. Burnham Saco, Me. \ Lessees— Hatch and Van Every Chillicothe, Mo.
PRINCIPAL OFFICE AND ADDRESS Chillicothe, Mo.
CAPE GIKAKDEAU AND STATE LINE EATLROAD.
Line of Road. — Cape Girardeau, Mo., to Poplar Bluff, Mo , 78| miles.
Gauge of track, 4 feet 8| inches. Weight of rail, 50 Ibs.
Chartered December 31, 1859. The line has been graded for 40 miles out from.
Cape Girardeau, and about 15 miles of track was laid by the Illinois, Missouri and
Texas Railway Company, which failed to complete it. No further construction has
been attempted for the last five years.
Financial Statement.— Capital authorized, $785,000 ; paid in, $318,000. The 111.
Mo. and Tex. Company, when in possession, issued 7 per cent. 1st mortgage bonds,
dated July 10, 1871, and payable in 30 years. The amount authorized was $1,500,000.
The cost of the road to completion was estimated at $1,700,000.
P. R. VAN FRANK, President Cape Girardeau, Mo.
A. B. Dorman, Vice-Preaident " " "
Treasurer N. Wichterich. | Secretary John Ivers.
Chief Engineer P. R. Van Frank.
PRINCIPAL OFFICE AND ADDRESS. Cape Girardeau, Mo.
KAILROAD MANUAL OF THE UNITED STATES.
813
HANNIBAL AND ST. JOSEPH KAILKOAD.
Main Line. — Hannibal, Mo., to St. Joseph, Mo 206.41 miles.
/ Cameron, Mo., to Kansas City, Mo 53.00
Branches : •] St. Joseph, Mo., to Atchison, Kansas 19.47
( Palmyra, Mo., to Quincy, 111 13.42— 85.89 "
Total length of lines owned and operated 292.30 miles.
Sidings, etc., 43.12 m. Gauge, 4 ft. 8£ in. Rail, steel (74.5 m.), 52 Ibs., iron (217.8
m.), 56 and 60 Ibs.
The Hannibal and St. Joseph R. R. Co. was chartered February 16, 1847 ; and
the main line completed February 22, 1859. The branches were constructed under
separate charters and consolidated in the property by purchases. The company re-
ceived a land-grant from Congress under act of June 10, 1852 ; and loans from the
State of Missouri to the extent of $3,000,000. The half of these loans became due
in 1874 and 1876, and have been extended for further terms of 20 years. In 1876,
the last of a series of land bonds were paid off, and in 1877 the remainder of the
lands returned to the possession of the company. Since the assets of the Land
Department reverted to the company to the close of the year 1877, the net receipts,
including the cash turned over by the Trustees, amounted to $241,877.10, which
amount was expended on improvements and the payment of the floating debt. On the
1st January, 1878, contracts for the sale of lands, upon which there remained due
upwards of $2,500,000, were placed in the hands of the Farmers' Loan and Trust
Company, to secure an issue of bonds to the amount of $1,000,000, of which there
had been sold to April 11, 1878, $335,000. This amount, and the proceeds of any
additional sales of bonds, has been and will be applied to the further improvement
of the property. The main line is being renewed in steel. The company own the
bridges at St. Joseph and Atchison, and also that at Kansas City.
Boiling Stock. — Locomotive engines, 72. Cars — passenger, 37 ; baggage, mail
and express, 15 ; and freight cars — box and combination, 798 ; live-stock, 89 ; plat,
form, 176 ; and coal, 206 — total, 1,352. Also, about 100 roadway and service cars.
Operations for year ending December 31,1877. — Trains run— passenger, 407,722 ;
freight, 887,426— total, 1,295,148 revenue miles ; other, 312,252 miles. Passengers
carried, 239,547 ; carried one mile, 15,639,718. Freight moved, 497,675 ; moved one
mile, 80,764,682 tons.
Earnings.
From Passengers $524,40079
" Freight 1,210,648 05
" Mail and Express 85,02857
Miscellaneous 111,287 91
$1,931,365 32
Expenditures.
For Maintenance of Way $178,477 10
" Rolling Stock 211,31881
" Transportation 652,65548
Miscellaneous. . , 93,441 16
$1,135,886 46
Balance— net earnings (41.18 per cent.), $795,478. 86. Interest payments, $660,000.
Surplus, $135,478.86, was expended on improvements, etc.
814 BAILKOAD MANUAL OF THE UNITED STATES.
Operations, traffic, and fiscal results for seven years :
1870-71.
(272.82 m.)
1871-72.
(272.82 m.)
1872-73.
(292.30 m.)
1873-74.
(292.30 m.)
1874-75.
(292.30 m.)
1875-76.
(292.30 m.)
1877.
(292.30 m.)
Train Miles .
1,739,540
358,894
416,791
$
1,101,394 58
1.765,753 98
237,820 81
1,548,013
320,838
415,363
I
816.309 71
1,465,51666
202,844 16
1,381,479
249,385
1,295,148
239,547
- 497,675
524,400 79
1,210,648 05
196,316 48
Passengers Carried. . .
Freight (tons)
Passenger Earnings..
Freight "
Miscellaneous Rec'pts
Gross Earnings
Gross Expenses
1
650,650 22
1,176,15273
202,264 64
$
601,246 41
1,047,259 59
264,459 43
$
• 522,850 79
954,116 27
271,31728
$
505,982 09
1,139,770 70
218,312 57
3,104,969 37
2,015,934 57
2,484,67'0 53
1,814,140 80
2,029,067 59
1,780,480 48
1,912,965 43
1,435,13290
1,748,28434
1,361,548 97
1 ,864,065 3H
1,393,811 62
1,931,365 32
1,135,88646
Net Earnings
1,089,03480
11,381 02
7,389 25
670,529 73
9.107 36
6,649 59
248,587 11
6,941 73
6,091 27
477,832 47
6,544 53
4,90979
386,735 37
5,981 13
4,65805
470,253 74
6,377 23
4,768 43
795,478 86
6,607 41
3,886 03
Gross Earnings p. m.
Operating Exp. "
Net Earnings per Mile
Prop, of Expenses. . . .
3,991 77
64.92 p. c.
2,457 77
73.02 p. c.
85045
87.75 p. c.
1,634 74
75.02 p. c.
1,323 08
77.88 p. c.
1,60880
74.77 p. c.
2,721 38
58.82 p. c.
The fiscal years previous to 1877 closed August 31. The accounts for four months
ending December 31, 1876, were as follows : Gross earnings — passenger, $194,942.12 ;
freight, $428,533.69 ; and mail, express, etc., $90,288.04— total, $713,763.85. Operating
expenses, $498,211.52 ; net earnings, $215,552.33. Renewals proper are included
in the operating expenses.
Financial Statement, December 31, 1877. — Capital stock, $9,168,700 ; preferred 7
percent, stock, $5,083,024 ; Mo. State loans, $3,000,000; funded debt, $5,700,000—
total, $22,951,724, representing cost of road and equipment.
Statement of funded debt in detail :
Classes of Bonds.
Date of
Issue.
Rate.
Interest
Payable.
Principal
Payable.
Amount of
Bonds.
Annual
Charges.
State of Missouri
Nov. 10, 1856.
Feb. 28, 1857.
1874 to 1876
Mar. 1, 18-iO.
Feb. 1, 1867.
Jan. 1, 1867.
3 and Annual C
6 p. c.
6
6
8
8
10
harge t
Jan. & July.
U 44 11
Mar. & Sept.
Feb. & Aug.
Jan. & July.
tiereon ....
Nov. 10, 1886.
Feb. 28, 1887.
1894 to 1896
Mar. 1, 1885.
$500,000
1,000,000
1,500,000
4,000.000
500,000
1,200,000
$30,000
60,000
90,000
320,000
40,000
120,000
u t» ti
" " " Renewal...
Convertible Bonds
IbtMurt. (Q.uiucy & Pal.R.R.)
" (Kan. City & C. R.R.)
Total Amount of Bond
$8,700,000
$660,000
Directors (elected November 5, 1877). — William Dowd and W. B. Leonard,
Julius Hallgarten, H. H. Cook, William M. Bliss, Horace Porter, and James M. Harts-
liorne, New York, N. Y. ; M. P. Bush, Buffalo, N. Y.
WILLIAM DOWD, President New York City, N. Y.
W. B. Leonard, Vice-President. ... " "
Master Machinery— M. R. Simons. . .Hannibal, Mo.
Treasurer— -W '. J. Hilton Hannibal. Mo.
Secretary — John A. Hilton .New York, N. Y.
Gen. Superintendent — R. S. Stevens.. Hannibal, Mo.
. Div.— W. R. Woodward..
Div.— W. W. Fagan... Kansas City, "
Master Car Repairs — Jos. Townsend.
Gen. Tkt. Agt.—T. Penfield
Gen. Fgt. Agt.—H. H. Courtright , . .
Parch. Agt.—J. B. Stubbs
PRINCIPAL OFFICE AND ADDRESS Hannibal, Mo.
Transfer Office No. 78 Broadway, New York City.
RAILKOAD MANUAL OF THE UNITED STATES. 815
JOPLIN EAILEOAD.
Line of Road.— Girard, Kans., to Joplin, Mo 38 miles.
Sidings and other tracks, 2 miles. Gauge, 4 feet 8£ inches. Rail, 50 Ibs.
Boiling1 Stock, — Locomotive engines, 2. Cars, 35. Through passenger and
freight cars furnished by Missouri River, Fort Scott and Gulf Railroad.
Built in 1875 and 1876. All reports either of operations or financial condition
refused.
E. R. MOFFETT, President Joplin, Mo.
Treasurer J. B. Sergeant. | Superintendent E. H. Brown. | Secretary & Auditor. .. J. A. Hardin.
PRINCIPAL OFFICE AND ADDRESS Joplin, Mo.
KANSAS CITY AND EASTEKN EAILWAY.
Line of Road.— Kansas City, Mo., to Lexington, Mo 43 miles.
Sidings, etc., 1 mile. Gauge, 3 feet. Rail, 30 Ibs.
This company was chartered as the Wyaudotte, Kansas City, and Northwestern
Ry. Co., and the road was opened toward the close of 1876. The road was sold in
1877, and reorganized under the present title.
All reports of its operations or financial condition refused.
S. S. JACKSON, President New York City.
Superintendent— L. H. Swope.. Independence, Mo. | Treasurer— W . McCoy Independence, Mo.
PRINCIPAL OFFICE AND ADDRESS Independence, Mo.
KANSAS CITY, ST. JOSEPH AND COUNCIL BLUFFS E. E.
Line of Road.— Kansas City, Mo., to Council Bluffs, la 198.20 miles.
Branches, named below 3.43
Chicago Line. — Amazonia to Iowa Line (Hopkins) 50.20 "
Total length of railroad operated 251.83 miles.
Sidings, etc., 31.25 miles. Gauge, 4 feet 8i inches. Rail — iron, 50 and 56, and steel
(76.37 m.) 40 Ibs.
The line actually owned by the Co. is 248.67 miles : in Missouri 195.77, and in
Iowa 52.90 miles. The track between Harlem and Kansas City (2.32 miles) is
owned by the Hannibal and St. Joseph. The Chicago, Burlington and Quincy use,
jointly with the K. C., St. Jo. and C. B., their tracks between Hamburg and East
Nebraska City, 10.85, and between Pacific Junction and Council Bluffs, 16.30 miles.
The Kansas City, St. Joseph and Council Bluffs R. R. Co. is a consolidation
(April 1, 1870) of the St. Joseph and Council Bluffs (131.48 m.), and Missouri Valley
(117.19 m.) Railroads. The St. Jo. and C. B. R. R. Co. was a consolidation (August
1, 1868) of the St. Joseph and Council Bluffs (78.58 in.) in Missouri, and the Council
Bluffs and St. Joseph (52.90 m.) in Iowa. The main line was completed in 1868 and
816
RAILROAD MANUAL OF THE UNITED STATES.
the Chicago brancli in 1869. The line in Iowa had been in existence several years
previous to the consolidation of 1868. The branches are from Junction to Atchison
Bridge, 1.17 miles, and to East Nebraska City, 2.26 miles.
In 1874, the over-due coupons ($640,200) on all the 1st mortgage bonds except the
C. B. and St. Jo. R. R. were funded in 7 per cent, notes. In 1875 and 1876 the net
earnings were unequal to the interest on the funded debt, and January 12, 1877, a
Fcheme of reorganization was proposed, under which were to be issued $5,000,00
in new 30-year 7 per cent. 1st mortgage bonds, and $2,500,000 in 6 per cent, pre-
ferred stock or income bonds, and the scheme has been generally assented to. The
common stock remains at $2,789,413.66, making the whole investment under the
scheme, $10,289,413.66. Hereafter the annual charge on net earnings will be
$350,000.
Boiling1 Stock. — Locomotive engines, 31. Cars — passenger, 18 ; baggage, mail,
etc., 11; freight (way, 12; combination, 325; box, 250; stock, 22; flat, 164), 775—
total revenue cars, 802. Also, 128 service cars.
Operations for year ending December 31, 1877. — Trains run — passenger, 369,-
465 ; freight, 346,029 ; other, 200,647— total, 986,141 miles. Passengers carried, 217,-
782; carried one mile, 11,800,946. Freight moved, 512,937; moved one mile, 38,-
544,342 tons.
Earnings.
From Passengers $428,997 41
" Freight 893,03588
" Mail and Express 49,41536
Miscellaneous 52,34841
$1,423,797 06
Expenditures.
Operating Expenses $890,311 82
Taxes (Estimated) 37,000 00
Rents, Trackage, etc 51,878 60
Interest Account 10,342 64
$989,533 06
Balance — net earnings, $434,264. Interest payments — two coupons on $500,-
000 (January and July), $35,000 ; and one coupon on $4,496,700 (July), $157,384.50;
and interest accrued on $4,996,700 (December 31), $174,881 — total, $367,265.50.
Credit balance, $66,998.50. Actual balance to credit of Income account under re-
organization scheme (coupons canceled, etc.), $4,876.13.
Abstract of operations, etc., for seven consecutive years :
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Train Miles. ..
502,801
730,592
634,162
672649
599231
715,494
Pas. Carried . .
168,158
201.799
221 921
233 801
205 250
217,782
Ft. Mov., Tons
Pas. Earnings.
Freight "
Ex.,M.,R.,etc.
207,497
$
634,178 85
505,138 54
81,620 38
216,760
$
505,158 87
545,281 92
59,481 35
306,731
$
508,786 68
676,605 13
78,421 22
364,371
$
528,324 32
817,086 70
90,662 24
342,471
$
528,841 40
746,665 99
87,198 95
412,336
$
424,869 19
717,457 40
99,002 68
512,937
$
428,997 41
893,035 88
101,763 77
Gross Earn..
Gross Expeu..
1,221,937 77
773,861 12
1,109,922 14
755,513 02
1,263,813 03
845,595 24
1,436,073 26
941,164 54
1 .362.706 34
1,010,836 86
1,241,329 27
908,117 32
1,423,797 06
979,533 06
Net Re\enue..
Gross E.per m.
448,076 65
4,848 96
354,409 12
318,217 79
494,908 72
5 698 70
351,869 48
5 407 56
333,211 43
4 925 91
444,264 00
5,649 99
Gross Ex p. "
3,070 88
3,734 78
4 Oil 26
3630 69
3,926 72
Net Rev. p. m.
1,778 08
1,934 78
•1,396 30
1 295 22
1,723 27
Exp. to E rngs
63.33 p. c.
65 53 p. c.
74 19 p c
73 71 p c.
69 50 p. c.
Pass'ger p. m.
4.89c.
4.37c.
4.21 c.
4.84 c.
3 71 c.
3.63c.
Freight p.m..
4.24C.
3.41 c.
2.bl c.
2.38c.
2.17C.
2.15 C.
2.32 c.
RAILKOAD MANUAL OF THE UNITED STATES.
817
General Balance, December 31, 1877.
Construction $9,153,037 76
Equipment 1,165,047 18
Materials and Supplies 57,067 20
Keal Estate— saleable 49,180 22
Agents, etc. — open account 159,068 13
Cash and Bills Receivable 142,618 82
Suspense Account 78,721 12
Balance Income Account 4,876 13
Total Property and Assets $10,809,616 56
Statement of funded debt in detail :
Capital Stock $2,789,413 66
FundedDebt 7,481,969 74
Bonds— old issues 4,500 00
Proceeds of Donated Land 34,497 22
Pay Rolls and Open Accounts 195,504 62
Bi[la Payable 128,055 00
Unpaid Coupons 1,29532
Coupons due and Payable 174,881 00
Total Liabilities $10,809,616 56
Classes of Bonds.
Date of
Issue.
Rate
p. c.
Interest
Payable.
Principal
Payable.
Amount
Author-
ized.
Amount
Issued.
Annual
Charge.
IstMort. (C. B. &St. J.)..
1st Mortgage, Consols. ..
Income Mortgage, Consols
Mar. 1, 1866.
Jan. 1, 1877.
Jan. 1, 1877.
7
7
6
Jan. & July
Jan. & July
Jan. & July
Jan. 1, 1880.
Jan. 1, 1907.
Jan. 1, 1907.
$500,000
5,500,000
2,500,000
$500,000
4,493,428
2,488,042
$35,000
314,538
(If earned.)
Directors (elected March 5, 1878).— Nathaniel Thayer, Sidney Bartlett, H. H.
Hunnewell, William F. Weld, Charles Merriam, and John A. Burnham, Boston,
Mass ; Pickering Clark, New York, N. Y. ; John G. Richardson, Brockville, Ont. ; and
George H. Nettleton, Kansas City, Mo.
NATHANIEL THAYER, President Boston, Mass.
Gen. Manager Geo. H. Nettleton.
Gen. Superintendent J. F. Barnard.
Asst. Superintendent D. H. Winton.
Secretary & Treas. (Boston) Charles Merriam.
Asst. Treasurer J. S. Ford.
Gen. Passenger Agent A . C. Dawes.
Gen. Freight Agent George Olds.
Gen. Agent (C. Bluffs) G. L. Bradbury.
Gen. Baggage Agent (St. Jo.) Hy. Starring.
Gen. Agent (San Francisco) T. H. Dearborn.
PRINCIPAL OFFICE AND ADDRESS St. Joseph, Buchanan Co., Mo.
Financial Agency Sears' Building, Boston, Mass.
LITTLE EIYEE VALLEY AND ARKANSAS RAILKOAD.
Line of Road.— New Madrid, Mo., to Walden, Mo 27 miles.
Sidings and other tracks, 1.3 mile. Gauge, 3 feet. Rail, 30 Ibs.
This road was opened for traffic in January, 1878.
Boiling' Stock. — Locomotive engines, 2. Cars — passenger, 4, freight, 30 — total, 34.
Financial Statement. — Capital stock authorized, $270,000.
Directors.— A. M. Stead, Defiance, O ; George B. Clark and O. Kochtitzky, New
Madrid, Mo. ; W. W. Curtis, Washington, D. C. ; John D. Shaffer, St. Louis, Mo. ;
and H. L. Shidler and Charles M. Thrall, New Madrid, Mo.
A. M. STEAD, President Defiance, O.
Treasurer J. H. Howard. | Secretary George B. Clark. | Supt. & Engr O. Kochtitzky.
PRINCIPAL OFFICE AND ADDRESS New Madrid, Mo.
818 RAILROAD MANUAL OF THE UNITED STATES.
MISSOUKI, IOWA AND NEBEASKA EAILEOAD.
Line of Road. — Alexandria, Mo., to Nebraska City, la . . .800.0 miles.
In operation : Alexandria to Centreville, Iowa 85.3 "
Sidings and other tracks, 4 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
Chartered May, 1870. Opened to Centreville, September, 1871.
Rolling Stock. — Locomotive engines, 5. Cars — passenger, 2 ; baggage 4 ; and
freight (box, 50 ; stock, 30; coal, 25), 105 — total revenue cars, 111.
Operations for year ending December 31, 1876. — Trains run, 119,340 miles.
Passengers carried, 39,000; carried one mile, 595,000. Freight moved, 105,000 tons ;
moved one mile, 595,000 tons. Gross earnings, $18,829.77; operating expenses,
$14,719.14 ; net earnings, $4,110.63. Payments not reported. All later information
refused.
Financial Statement, January 1, 1875. — Capital stock authorized, $16,000,000 ;
paid in, $1,500,000. The bonds constituting the funded debt bear 7 per cent, gold,
and have a sinking fund, dated June 1, 1870, interest payable June and December,
and principal June 1, 1910. Amount authorized, $6,000,000 ; issued, $2,000,000.
Estimated cost of road to date, $2,000,000. No later information obtained.
Directors (elected January 15, 1877). — B. E. Smith, Columbus, O. ; Andrew
Carnegie, C. A. Secor, George Opdyke, G. F. McCandless, and C. P. Palmer, New
York City ; Henry Hill, James Fitzhenry, George Knox, and John Walker, Warsaw,
111. ; William Bradley, J. A. Talbot, and F. M. Drake, Centreville, la.
F. M. DRAKE. President , Centreville, la.
Henry Hill, Vice -President and Superintendent Warsaw, 111.
Sec <fe Treas — James Fitzhenry. . .Alexandria, Mo. Road Master— John Harding Cei<treville, Ta.
Gen. Tkt. & Fgt. Agt.— Wm. S. Hill. .Warsaw, 111. Purchasing Aqent—'B. E. Smith Columbus, O.
JSngiueer— Henry Shaw Cenireville, la.
PRINCIPAL OFFICE AND ADDRESS Alexandria, Mo.
MISSOUKI, KANSAS AND TEXAS KAILWAY.
Line of Road. — Hannibal, Mo., to Denison, Tex 577.07 miles.
•D i . j Parsons, Kans., to Junction City, Kans 156.25
1 Holden (Mo. Pacific R. R,) Mo., to Paola, Kaus 53.87 "
Total length of all lines owned and operated 787.19 miles.
Sidings, etc., 96 miles. Gauge, 4 ft. 8i inches. Rail, iron, -56, and steel (130 m.) 52 Ibs.
This company was organized April 7, 1870, and is a consolidation of the Union
Pacific, Southern Branch, chartered September 20, 1865 : the Tebo and Neosho, char-
tered June 18, 1870; the Labette and Sedalia, chartered May 7, 1870 ; and the Neosho
Valley and Holden opened 1871. The St. Louis and Santa Fe R. R. (Holden, Mo., to
Paola, Kansas, 53.87 miles), chartered December 1, 1870, was purchased at foreclosure
sale April 29, 1872 ; and the Hannibal and Central Missouri R. R. (Hannibal, Mo., to
Moberly, Mo., 71.35 miles), chartered February 13, 1867, was purchased in the year
1874. Under several acts of Congress the company has received large land-grants.
RAILROAD MANUAL OF THE UNITED STATES.
819
The company made default on the interest of their consolidated bonds in Decem-
ber, 1873, and since ; and from December 30, 1874, to June 30, 1876, was operated
by a Receiver. The Union Trust Company of New York took possession July 1, 1876,
and have since operated the road by their own agent and general manager.
Rolling1 Slock. — Locomotive engines, 66. Cars — passenger, 35 ; baggage, mail
and express, 26 ; freight (box, 540 ; stock, 339; platform, 179; coal, 178; refrigerator,
50), 1,286— total revenue cars, 1,347. Also, 61 service cars.
Operations for year ending December 81, 1877. — Trains run — passenger, 843,891 ;
freight, 1,587,092— total, 2,430,983 miles. Passengers carried, 225,722 ; carried one
mile, 24,520,660. Freight moved, 500,792 tons ; moved one mile, 110,895,714 tons.
Earnings.
From Passengers $832,675 71
" Freight 2, 176/275 33
" Mail and Express .... 149,70034
Miscellaneous 38,670 29
Expenditures.
Operating Expenses $1,618,735 09
Taxes paid during Year 96,453 67
Renewals 416,19771
Improvements 113,724 02
$2,245,110 49
$3,197,321 67
Balance : net amount to credit of income account, $952,211.18.
The operating expenses were made up thus — Way and structures, $320,730.25 ;
motive power, $499,646.81 ; maintenance of cars, $185,558.97; transportation, $499,-
263.70; and general, $113,535-36— total, $1,618,735.09.
Abstract of operations, etc., for three years :
1875.
1876.
1877.
Train Miles
1,760,239
2,276,409
2,430,983
Passengers Carried
175,685
210,824
225,722
Freight (tons of 2,000 Ibs.) moved
380,242
440,848
500,792
Gross Earnings from all Sources
$2,904,925 28
$3,217,278 44
$3,197,321 67
Operating Expenses
$1,355,086 10
$1,630,577 56
$1,618,735 09
Taxes paid during Year
116,960 47
118,276 21
96,453 67
Renewals
189,73? 27
214,817 37
416,197 71
Improvements
18,582 79
37,607 75
113,724 02
Total Expenses and Costs
$1,680,364 63
$2,001,278 89
$2,245.110 49
Net Available Revenue
$1,224,560 65
$1,215,999 55
$952,211 18
Gross Earnings per road-mile
$3,69C 25
$4,087 04
$4,061 69
Operating Expense*, etc., per road-mile
2,134 64
2,542 31
2,852 06
Net Earnings per road-mile
$1,555 61
$1,544 73
$1,209 63
Proportion of Total Expenses to Earnings
57.84 p. c.
62.20 p. c.
70/J2 p. c.
Proporiion of Operating Expenses to Earnings
46.64 "
50.68 "
50.63 "
Land Department. — Operations for the year ending December 31, 1877. — Land
sold, 76,694 acres, for cash, bonds, and bills, $170,758.65 ; cash received on account of
sales and collections for previous sales, $29,483.65 ; land department direct expenses,
$24,002.09 ; land department miscellaneous expenses, $10,199 ; taxes paid upon entire
land-grant, $33,898.82— total, $68,094 91. Deficiency in the cash operations, $38,611.26.
The land-grant from the United States is estimated to contain 817,742 acres, and
that from the State of Kansas, 125,000 acres. There is also a Congressional land-
grant of 3,622,400 acres in the Indian Territory, subject to treaty stipulations and
the extinguishment of the Indian title.
820
RAILROAD MANUAL OF THE UNITED STATES.
During the year there were delivered to the trustees, as consideration for deeds,
and canceled by them, 166 Union Pacific Southern Branch bonds, with coupons,
amounting to $173,860.
UNION TRUST Co., Trustee M. K. and T. Ry. Co., in account with If. T. Co. of N. T.
By Balance, December 31, 1876 $33,919 74
General Manager ; cash remittances $744,676 20
Houston and Texas Central Ry. Co.— notes collected, etc.. .. 118.925 00 863,601 20
Miscellaneous 9,062 91
$906,583 88
To Coupons paid— in gold $775,006.66=in currency $809,677 52
Paid in equalization of Nov., 1874, dividend 13,449 90
General Expenses and Allowance to Railway Company 48,620 55 871,747 97
Balance, December 31, 1877 $34,835 91
Financial Statement. — Capital stock, $21,405,000 ; preferred stock (balance not
surrendered), $124,044.48 ; funded debt — consolidated 1st mortgage bonds, $14,752,-
000; Southern Branch 1st mortgage bonds, $2,731,000; Tebo and Neosho 1st mort-
gage bonds, $349,000 ; and Hannibal and Central Missouri 1st mortgage bonds, $768,-
000 and 2d mortgage bonds, $32,000— total funded debt, $18,632,000 ; new 2d mort-
gage income bonds, $6,141,265.22. Total stock and bonds against the company's
property, not including floating liabilities not yet exchanged for income bonds, $46,-
302,309.70.
Detailed statement of funded debt :
Classes of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal
Payable.
Amount of
Bonds.
IstMge. (U. P. S.Br.)Land &R.R.S'gF'd.
1st Mge (Tebo and Neosho)
Nov. 14, 1868.
June 1, 1870.
6
7
Jan. and July.
June and Dec
Jan. 1, 1S99.
June 1 1903
$2,731,000
349 000
IstMge (M K & T ) Consol.
Feb 1 1871
7
Feb and Aug
Feb 1 1904
10 470 '000
1st Mge. ( " " ) " additional..
IstMge. ( " " ) " further
IstMge. ( " " ) " further
1st Mge. (Han. & Cen. Mo.)
June 1, 1872.
Nov. 1, 1872.
June 1, 1873.
May 2, 1870.
7
7
7
t*f
t
<
May and Nov
June 1, 1905.
Nov. 1, 1905.
June 1, 1906.
May 1 1890
2,500.000
1,182,000
600,000
768000
2d Mge ( "
Feb. 1, 1S72
7
May 1 18M2
32 000
2d Mge (M K. & T.) Income
May 1, 1876.
6
(
May 1 1906
6 141 265
The 1st mortgage (Union Pacific Southern Branch) covers 182 miles and land-
grant ; 1st mortgage (Tebo and Neosho) covers 102 miles ; 1st mortgage (consol.)
covers all lines and all lands, but are 2d after preceding mortgages ; 1st and 2d
mortgages (Han. and Cen. Mo.) cover 71 miles.
Under date of March 1, 1876, an agreement was made for the funding of coupons
and for other purposes, looking to a reorganization of the company. To the close of
1877, there had been issued under this agreement income bonds to the amount
of $6,141,265.22, for which had been surrendered — coupons, $3,527,479.36 ; pre-
ferred stock, $1,064,212.47, and floating liabilities, $1,549,573.39. With few excep-
tions, all the bondholders have assented to the agreement, which provides that
the bondholders are to fund all accrued interest to January 1, 1876 ; to accept 4
per cent, interest for 1876, 1877, and 1878, and 5 per cent, for 1879, 1880, and 1881 ;
the difference between these rates and 7 per cent, to be funded : the bonds known,
RAILROAD MANUAL OF THE UNITED STATES. 821
as the Fort Smith Branch bonds, to be recognized as valid : the floating debt, with
interest to August 1, 1875, to be paid in new second mortgage bonds at 80 per cent,
with interest at 6 per cent., and payable only after that of the first mortgage bonds.
The property to be turned over to the Union Trust Co., assisted by an advisory board
of five members ; three nominated jointly by the New York and Amsterdam Com-
mittees and two by the Union Trust Company.
The company have authority, by an Act of the Legislature of Texas, passed
August 2, 1870, to extend their road across that State, in the general direction of
Waco and Austin, to the Rio Grande, an estimated distance of 650 miles ; and also by
an additional act, to build a railroad southwardly to Galveston Bay, with a branch to
Sabine Bay, in all about 250 miles. These roads are entitled to the usual Texas land-
grant of 16 sections (10,240 acres) per mile constructed and equipped.
Directors (elected May 15, 1878).— H. C. Cross, Emporia, Ks. ; C. H. Pratt, Hum-
boldt, Ks. ; B. P. McDonald, Fort Scott, Ks. ; A. D. Jaques, Sedalia, Mo. ; John
Sevier, Louisville, Ky. ; J. R. Agnew, Geo. Clark, John Elliott, Benjamin Hart, H.
A. Johnson, N. L. McCready, Henderson Moore, J. H. Stebbins, New York City.
UNION TRUST COMPANY, Trustees in Possession. . .New York City.
WILLIAM BOND, General Manager Sedalia, Mo.
General Supt.—Abr&m Mitchell Sedalia, Mo.
Treasurer — A.. D. Jaynes " •'
Contro'ler—P. E. Fairbanks " "
General Attorney— T. C. Sears " "
Land Comr. — A. M. Sommers Emporia, Kan.
Gen. Pass. Agent — J. D. Brown St. Louis, Mo.
Gen. Ft. Agent- W. P. Robinson. . . "
Gen. Baggaae Agent — John Curley.. .Sedalia, Mo.
Supt. of Machinery— Geo. W. Gushing. "
Eastern Agent— F. A. Wann .417 B'dway, N. York.
PRINCIPAL OFFICE AND ADDRESS * Sedalia, Mo.
MISSOUKI PACIFIC RAILWAY.
Line of Road. — St. Louis, Mo., to State Line of Kansas 283.5 m.
Branch Line : Kirkwood, Mo., to Carondelet, Mo 11.0 "
Total length of railroad owned 294.5 m.
Osage Valley and Southern Kansas R. R. — Booneville to Tipton 25.00
St. Louis and Lexington R. R. — Lexington to Sedalia 55.25
Missouri River R. R. — Mo. State Line to Leavenworth 25.25
Leavenworth, Atchison and N. Wes. R. R. — Leavenworth to Atchison.21.50 — 127.0 "
Total length of railroad owned and leased 421.5 m.
Sidings, etc., 84 miles. Gauge, 4 ft. 9 in, Rail — iron, 60, and steel (100 in.), 56 Ibs.
The Pacific Railroad of Missouri was sold under foreclosure of the 3d mortgage,
September 6, 1876, and the Missouri Pacific Railway, its successor, created October
26,1876. The original company was chartered March 12, 1849. The entire line
from St. Louis to the Kansas Line, where connection is made with the Kansas Pacific
Railway, was brought into use October 3, 1865. For construction purposes the State
made loans to the company to the extent of $7,000,000. In 1868 the State dis-
charged this debt, the company having paid into the State Treasury $5,000,000 cash,
in accordance with a law passed by the State legislature. In place of the State
loan the company issued their 1st mortgage 6 per cent, gold bonds to the same
822
RAILED AD MANUAL OF THE UNITED STATES.
extent ($7,000,000) the proceeds of which were applied, 1st, to pay off the State loan
of $5,000,000 ; 2d, to pay off the company's construction bonds, $1,500,000, and 3d,
to prosecute certain improvements, $500,000. The principal improvement carried
out was the change of gauge from 5 feet 6 inches to the standard gauge, which was
effected in 1871. The Carondelet branch was built in 1871-72. The railroad and
leased lines were leased July 1, 1872, for 999 years, to the Atlantic and Pacific R. R.
Co., the lessees assuming all the liabilities of the Pacific of Missouri, and agreeing
to pay dividends on the lessors' stock ($7,000,000) — for the first five years 5 per cent.,
for the next two years 6 per cent., and thereafter 7 per cent. During 1875 this lease
lapsed by reason of non-performance of terms, and the property reverted to the
owners. Default was made on the coupons due on the 3d mortgage bonds, January
1, 1876 ; the property was placed in the hands of Receivers, who held it from March
8, 1876 to April 20, 1877 ; and the foreclosure sale and reorganization of the com-
pany, as above related, followed.
Rolling Stock. — Locomotive engines, 106. Cars — passenger, 52 ; baggage, mail
and express, 30 ; caboose, 55 ; and freight — box, 1,409 ; stock, 352 ; and platform,
403 — total revenue cars, 2,301. Service cars, 8.
Operations for the year ending December 31, 1877. — Car service — passenger,
3,369,241 ; freight, 23,822,158 ; other, 87,500— total, 27,278,899 miles. Passengers
carried, 781,907; carried one mile, 35.335,653. Freight moved, 1,335,743 tons;
moved one mile. 158,487,696 tons. Gross earnings, $3,984,442.68; operating expenses,
$2,324,086.79 ; net earnings, $1,660,086.89.
Financial Statement, December 31, 1877. — Capital stock — common, $300,000;
preferred, $500,000 ; and funded debt, $15,875,000— total stock and bonds, $16,675,000.
Statement of funded debt in detail :
Classes of Bonds.
Date of
Issue.
w
S.
o
1
Interest
Payable.
Principal
Payable.
Amount
Author-
ized.
Amount
Out-
standing.
Annual
Charges
1st Mort. (Pac. of Mo.), cold.
2d Mort. ( " ), skg. fd.
Aug. 1, 1868.
July 1, 1871.
May 1, 1872.
6
I
Feb. and Aug
Jan. and July.
May and Nov.
Aug. 1, 1888.
July 1, 1891.
May 1 1892
$7.000,0^0
3,000,000
800000
$7,000,000
2,625,000
800000
$42^,000
183,750
64 000
St Louis Co Loan
Feb. 1. 1865.
7
Monthly.
Feb. '1, 1885.
700000
700,000
49,000
3d Mortgage (Mo. Poc.)
Carondelet Br. 1st Mortgage.
Nov. 1, 1876.
Oct. 1, 1873.
7
6
May and Nov.
April and Oct.'
Nov. 1, 1906.
Oct. 1, 1893.
4,500.000
500,000
4,500.000
250,000
315,000
15,00f
The real estate bonds are secured on the depot and about 75 acres of land in the
City of St. Louis. Default was made on the Carondelet Branch coupon, due October
1, 1877, and the company compromised with the bondholders by reducing the princi-
pal 50 per cent.
Directors (elected March 5, 1878). — C. K. Garrison, W. R. Garrison, Russell
Sage, F. R. Baby, J. S. Kennedy, A. V. Stout, and George J. Forrest, New York, N. Y. ;
Oliver Garrison, D. R. Garrison, D. K. Ferguson, and W. M. Samuel, St. Louis, Mo. ;
A. M. Billings, Chicago, 111. ; and Joseph L. Stephens, Booneville, Mo.
C. K. GABRISON, President New York City.
W. R. Garrison, President pro tern St. Louis, Mo.
Oliver Garrison, Vice-President " "
RAILROAD MANUAL OF THE UNITED STATES.
823
Trta*. and As^t Sec. (N. Y.) Geo. L. Gerau.
Sec. and Auditor C. L. White.
Gen. Superintendent A. A. Talmage.
Supt. of Permanent Way E. R. Stiles.
Supt. of Bridges R. M. Peck.
Master Machinery John Hewitt.
Master Car fiepairs John Hodges.
Train Master Miller Bullard.
Gen. Ticket Agent Geo. H. Heafford.
Gen. Freight Agent Jas. A. Hill.
PRINCIPAL OFFICE AND ADDRESS — Cor. 3d & Chestnut Sts.,St. Louis, Mo.
Financial Office No. 5 Bowling Green, New York City.
LEAYENWOETH, ATCHISON AND NOETHWESTEEN
EAILEOAD.
Line of Road.— Leavenworth, Kansas, to Atchison, Kansas 21.5 miles.
Sidings and other tracks, 2 miles. Gauge, 4 feet 9 inches. Rail, 56 Ibs.
This road, an extension of the Missouri River R. R., was built in 1869-70, and
leased to the Pacific of Missouri July 1, 1870, at a rental of $42,500 per annum. The
Missouri Pacific, as successors of the Pacific of Missouri, operate the road under a
modified lease, the terms of which are not given.
Financial Statement.— Capital stock, $500,000, and funded debt, $600,000 ; total
stock and bonds (representing the cost of the road, etc.), $1,100,000. The funded
debt consists of 1st mortgage 7 per cent, bonds, dated July 1, 1869, and due July 1,
1889.
LESSEES' OFFICES St. Louis and New York City.
MISSOUKI ElVEE EAILKOAD.
Line of Road. — Kansas State Line to Leavenworth, Kansas 25.25 miles.
Sidings and other tracks, 2 miles. Gauge, 4 feet 9 inches. Rail, 56 Ibs.
This road was built in 1865-66, and July 2, 1866, leased to the Pacific of Missouri
for 20 years. The rental payable was $50,000 per annum for five years, and an in-
crease of $10,000 per annum, after each succeeding five years. The lease has been
modified and renewed to the Missouri Pacific, terms not given.
Financial Statement.— Capital stock, $700,000, and mortgage bonds, $1,000,000
— total investment (representing cost of road), $1,700, 000.
LESSEES' OFFICES St. Louis and New York City.
OSAGE VALLEY AND SOUTHEEN KANSAS EAILEOAD.
Line of Road.— Booneville, Mo., to Tipton, Mo 25 miles.
Sidings and other tracks, 1.25 mile. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
Built in 1867-68; and July 15, 1868, leased to Pacific Missouri for 30 years, the
lessees to pay as rental 35 per cent, of the gross earnings thereon. After the re-
organization of the Lessee as the Missouri Pacific the lease was modified, a fixed
824: RAILROAD MANUAL OF THE UNITED STATES.
rental from January 1, 1878, for five years, of $18,000 per annum having been
agreed upon. About the same time a company under the title of Booneville, St.
Louis and Southern was organized for the purpose of purchasing this road and ex-
tending it in a southwest direction. Construction is now in progress from Tipton to
Warsaw, 45 miles. The road has never earned the bond interest.
Financial Statement.— Capital stock, $375,000 ; and funded debt, $200,000—
total, representing cost of road, $575,000. The funded debt consists of 1st mortgage
10 per cent. 5-20 year bonds, dated July 1, 1868.
JOHN L. STEVENS, President Booneville, Mo.
Treasurer J. A. Eppstein. | Secretary P. Swapp. | Engineer H. E. Barnes.
PRINCIPAL OFFICE AND ADDRESS Booueville, Cooper Co., Mo.
ST. LOUIS AND LEXINGTON BAILKOAD.
Line of Road. — Lexington, Mo., to Sedalia, Mo 55.25 miles.
Sidings and other tracks, 2.76 miles. Gauge, 4 feet 8i inches. Rail, 56 Ibs.
This road was originally called the Lexington and St. Louis, and was for sev-
eral years leased to, and operated by the Pacific of Missouri, and afterwards by the
Atlantic and Pacific. The lease rental was 6 per cent, gold on its 1st mortgage of
$900,000, and, in addition, three-fourths of the net earnings thereon after lease
rental. On completion its liabilities were, viz.; stock, $1,000,000; 1st mortgage,
$1,000,000; 2d mortgage, $800,000; and a floating debt of $200,000. When the Atlantic
and Pacific failed to pay rental the road was placed in foreclosure, and on March 1,
1877, sold on account of the 1st mortgage bondholders ; who became the purchasers
thereof for $154,000, and reorganized as the St. Louis and Lexington Railroad Com-
pany, which subsequently leased the road to the Missouri Pacific Company for ten
years, at an annual rental of $27,000. The original stock was chiefly subscribed by
the counties of Lafayetto and Salem and the terminal cities, which issued bonds
therefor, the validity of which bonds is now being contested.
THOMAS F. HUSTON, President Hustonica, Mo.
William Morrison, Vice-President Lexington, Mo.
Sec James Wentworth. | Treas S. G. Wentworth. | Atty. and Fiscal Agt Thos. P. Ackers.
PRINCIPAL OFFICE AND ADDRESS Lexington, Mo.
MISSOUKI AND WESTEEN KAILWAY.
Line of Road. — Pierce City, Mo., to Oswego, Kans 74 miles.
Branch line: Orongo, Mo., to Joplin, Mo 10 "
Total length of road owned and operated by company 84 miles.
Sidings and other tracks, 4.2 miles. Gauge, 4 feet 8£ inches. Rail (steel 10 m.), 56 Ibs.
Rolling Stock. — Locomotive engines, 4. Passenger cars, 3 ; box, freight, 5 ; and
BATLKOAD MANUAL OF THE UNITED STATES. 825
platform, 10 — total owned, 18. Otherwise, cars are supplied by the St. Louis and
San Francisco R. R. Company.
This company was formed by a reorganization of the Memphis, Carthage and
Northwestern R. R. Company, which had built 47 miles from Pierce City westward.
Operations, etc. — No returns furnished.
Financial Statement, December 31, 1877. — Capital stock authorized — common,
$1,000,000, and preferred, $500,000— total, $1,500,000 ; issued, common, $584,000, and
preferred, $500,000 — total, $1,084,000; funded debt, 1st mortgage 6 per cent, gold
bonds, dated July 1, 1877, and payable, principal July 1, 1907, and interest semi-
annually, January 1 and July 1, at New York (authorized, $1,100,000), issued, $221,-
000. Total stock and bonds outstanding, $1,305,000. Other liabilities, $879,000.
Cost of road and equipment, $2,220,789.
Directors. — Joseph Seligman, James Seligman, Francis H. Macy, Charles A.
Macy, Jr., and Edward Livingston, New York City.
JOSEPH SELIGMAN, President New York City.
Secretary & Treasurer Edward Livingston. | General Superintendent K. G. Rombauer.
PRINCIPAL OFFICE AND ADDRESS Carthage, Mo.
New York Office (Perkins, Livingston, Post & Co.) No. 23 Nassau St.
QUINCY, MISSOUKI AND PACIFIC KAILKOAD.
Line of Road. — Quincy, 111., to Brownsville, Neb 230 miles.
In operation : Quincy, 111., to Kirksville, Mo 70 "
Sidings, etc., 4.5 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
This company was organized June 24, 1869, and the road opened to its present
terminus July 1, 1872.
Rolling" Stock. — Locomotive engines, 3. Cars — passenger, 2 ; baggage, mail and
express, 2 ; freight (box, 50 ; platform, 20), 70 — total revenue cars, 74.
Operations for year ending December 31, 1876. — Trains run, 89,400 miles. Pas-
sengers carried, 34,296 ; carried one mile, 823,105. Freight moved, 14,251 tons.
Earnings — from passengers, $33,069.72; from freight, $75,060.38; other sources,
$11,174.75— total, $119,304.85; operating expenses, $106,146.15; net earnings, $13,-
158.70. Later information refused.
Financial Statement. — The company refuse to give any information whatever.
December 31, 1876.— Cost of construction, $1,361,142.06 ; equipment, $103,072.74 ;
other items, $28,384.02— total, $1,492,588.82.
Directors (elected March 6, 1877). — Charles H. Bull, Geo. Adams, Thomas Red-
mond, Henry Root, Geo. Bond, E. M. Miller, Daniel Paulin, John Wheeler, J. T.
Sawyer, C. M. Pomeroy, and Amos Green, Quincy, 111. ; James M. DeFrance, Kirks-
ville, Mo. ; and J. V. Willson, Edina, Mo.
Trustees. — Winthrop S. Oilman, Sen., N. Y. ; Orville H. Browning, Quincy, 111.
HENRY ROOT, President Quincy, 111.
Vice-President— Amos Green Quincy, 111.
Treasurer— C. H. Bull " "
Gen. Supt. — F. D. Schermerhorn Quincy, HI.
Kenrt.t.fi.mj — Ofin. S. Kinor " »•
Secretary— Geo. S. King
PRINCIPAL OFFICE AND ADDRESS Quincy, 111.
826 RAILROAD MANUAL OF THE UNITED STATES.
QUINCT AND ST. PAUL KAIL WAY. (In Progress.)
Line of Road. — West Quincy, Mo., to Albia, la 120 miles.
Organized November 10, 1874, by consolidation of Hannibal, Moulton and Minne-
sota of Iowa, and the Quincy and St. Paul R. R. Co. of Missouri. A considerable
portion of the road is reported as ironed, and about $500,000 have been expended on it.
Financial Statement, March 1, 1878. — Capital stock, not reported. The funded
debt is authorized to the amount of $1,800,000, consisting of 1st mortgage 30-year 7
per cent, gold bonds, of which $1,000,000 have been executed but not issued. There
is a floating debt of some $30,000.
Directors (elected August, 1876).— W. D. Marvel, New York City ; E. Pratt
Buell, Warsaw, 111. ; C. H. Spencer, Quincy, 111. ; G. M. Ochiltree, Waterloo, Mo. ;
H. H. Trimble and W. Hill, Bloomfield, la. ; A. J. Morrison, Moulton, la. ; J. W.
Kittle, Keokuk, Iowa; J. M. Mason, St. Louis, Mo.
W. D. MARVEL, President and Financial Agent. . .New York City.
Treasurer— A.. J. Morrison Moulton, la. | Secretary- -C. H. Spencer Quincy, 111.
Supt. and Chief Engineer— E. Pratt Buell Quincy, 111.
PRINCIPAL OFFICE AND ADDRESS Quincy, 111.
Financial Agent P. O. Box, 5422, New York City.
ST. LOUIS, HANNIBAL AND KEOKUK KAILEOAD.
Line of Road. — Hannibal, Mo., to Bowling Green, Mo 39 miles.
Gauge, 4 feet 8| inches. Rail, 56 Ibs.
This road was brought into operation in 1876, but the Officers refuse to give any
information whatever concerning it.
S. P. WISNER, President Cedar Rapids, la.
V-Pres. & Gen. Man.— Geo. Greene.. Hannibal, Mo. I Superintendent — Oliver Smith Hannibal, Mo.
Gtn. Freight Agent— L. P. Jackson. " " | Treasurer— J. F. Ely "
PRINCIPAL OFFICE AND ADDRESS Hannibal, Mo.
ST. LOUIS, COUNCIL BLUFFS AND OMAHA EAILROAD.
Line of Road. — Chillicothe, Mo., to Pattonsburg, Mo 42 miles.
Sidings and other tracks, 2.5 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
Rolling1 Stock. — None owned. Furnished by lessees.
This road is operated by Hatch & Van Every, and run in connection with the
Brunswick and Chillicothe Railroad. It was formerly operated by the St. Louis,
Kansas City and Northern Company. All further information refused.
RAILROAD MANUAL OF THE UNITED STATES.
827
Financial Statement. —Capital stock, as heretofore given in the MANUAL, $1,-
100,000. No funded debt. It has been proposed to issue bonds at the rate of
$16,000 per mile on the proposed extension.
J. H. HAMMOND, President Chillicothe, Mo.
Hatch & Van Every, Lessees. ...» "
PRINCIPAL OFFICE AND ADDRESS Chillicothe, Mo.
ST. LOUIS, IKON MOUNTAIN AND SOUTHERN RAILWAY.
{St. Louis, Mo., to Belmont, Mo. (opp. Columbus, Ky.) 195.25 miles.
Bismark (76 m. S. St. Louis), Mo., to Texarkana, Tex. Line. . .414.25 "
Popl'r Bluff (166 m. S. St L.), Mo., to Bird's Pt., Mo. (op. C., II.) 71.00 "
Branch : Mineral Point (61 m. S. St. Louis), Mo., to Potosi, Mo 3.75 "
Lines
of
Road.-
Total length of all lines owned and operated 684.25 miles.
Sidings and other tracks, 103.47 m. Gauge, 5 feet. Rail (steel, 85.46 m.), 56 & 60 Ibs.
Consolidation May 6, 1874, of the St. Louis and Iron Mountain, the Arkansas
Branch, the Cairo and Fulton, and the Cairo, Arkansas and Texas R. R. Cos. The
financial position of these lines at the date of consolidation was as follows :
Railroads.
Stock.
Bonds.
Debt.
Total.
Miles of
Road.
Cost per
Mile.
St. Louis and Iron Mountain . . .
Arkansas Branch
$10,000,000
2,500.000
$8,699.000
2,500,000
$1,308,039
436.619
$20,007,039
5,436,61«
210
99
$95,271 60
54,915 34
Cairo and Fulton
12,000.000
8,990,000
2,222,467
23,21 2,4K7
304
76,358 80
Cairo, Arkansas and Texas
2,000,000
1,500,000
241,143
3,741,143
71
52,692 15
Consolidation
$26,500,0v,0
$21,689,000
$4,208,268
$52,397,268
G84
$76,604 19
In the consolidation the stock capital was fixed at $26,500,000 ; but in .order to
equalize their values, the stock of the St. Louis and Iron Mountain R. R. Co. was
converted at 115; of the Arkansas Branch at 65; of the Cairo and Fulton, and the
Cairo, Arkansas and Texas at 60 per cent. The amount of consolidated stock required
in the exchange was $21,325,000. To the close of 1877, $26,057,610 of the old Co.'s
had been exchanged for $21,028,761 of the consolidated.
The funded and floating debts of the companies were assumed by the consolida-
ted company ; and a consolidated mortgage debt was created, primarily for the ab-
sorption of the floating debt, and ultimately of the division mortgage debts.
With exception of the St. Louis and Iron Mountain, these roads were new and
unfinished, and all were heavily in debt. The bondholders in 1875 sanctioned the
funding of the coupons maturing in that and the next year, full payment to be made
November 1, 1876. The company failed to pay in full at that date, and a scheme of
828
RAILROAD MANUAL OF THE UNITED STATES.
half payment in casli was proposed, to continue to tlie fall of 1878. The deferred
coupons and half coupons have been funded in certificates, payable in 1880-83. The
coupons of the 1st mortgage (St. L. and I. Mount.) have been paid in full.
Rolling1 Stock. — Locomotive engines, 118. Cars — passenger (1st class, 30; and
2d class, 16) ; sleeping, 1 (and half interest in 7 Pullman Palace) ; baggage, mail and
express, 22 ; caboose, 44 ; freight (box, 607 ; (Green Line), 446 ; stock, 443 ; platform,
1,096), 2,594 — total revenue cars, 2,707. Also, 6 service cars.
Operations for year ending December 31, 1877. — Trains run — passenger, 792,456 ;
freight, 1,336,804; construction, etc., 559,742— total, 2,689,002 miles. Passengers
carried, 570,763; carried one mile, 33,403,029. Freight moved — through, north,
127,923, and south, 172,475— total, 300,398 tons ; moved one mile, 105,894,352 tons ;
and local— north, 275,192.10, and south, 99.061.66— total, 374,253.76 tons , moved one
mile, 56, 404, 503-tons— total (through and local), 7i<?rM,403,114.73 ; and south, 271,537.41
—total, 674,652.14 tons ; moved one mile, 162,298,855 tons.
Earnings.
From Passengers $1,108,668 22
" Freight 3,208,749 84
" Express and Mail 148,72239
Miscellaneous 34,282 21
$4,500,422 66
Expenditures.
For Maintenance of Way $553,718 20
" Rolling Stock 736,46437
" Transportation. 839,90934
Miscellaneous 238,429 04
$2,368,520 95
Balance — net earnings (47.37 per cent.), $2,131,901.71. Payments from net earn-
ings— interest on bonds and certificates, $1,116,336.25 ; interest and exchange,
$41,483.49 ; and premium on gold, $32,825.20— total for interest charges, $1,190,644.94;
payment on floating debt account,$513,168.04 ; and payments on account of construc-
tion, equipment, and real estate, $333,379.46. Balance to credit, $94,709.27 ; add to
which, net receipts from land sales, $69,439.80 ; and the balance to credit of income
account, December 31, 1877, was, $164,149.07. The total interest on the funded debt
accrued during the year amounted to $1,933,103.75, as follows : — on fundable incomes
and consols, $24,415 ; on bonds, $1,740,207.50 ; and on certificates, $168,481.25. The
amount of half coupons during the year was $730,103.75, of which $44,000 coming
due January 1, 1878, would be paid off from the proceeds of land sales, and the bal-
ance in arrears would then be $686,103.75.
Abstract of operations, etc., for four years :
1874.
1875.
1876.
1877.
Train Miles (revenue)
1,739,336
1,955,689
l,8i»6,671
2,487,015
Passengers Carried
595.214
612,069
615,492
570.763
Passengers Carried One Mile
23,897,636
25,320,188
29,158,141
33,403.029
Freight (tons) Moved ..
501,600
585,730
611,841
674,652
Freight (tons) Moved One Mile
85,144,399
124,607,476
138,134513
162,298,855
Passenger
$
879,836 70
$
880,039 13
$
974.062 18
$
1,108.668 22
Freight
2,240,941 50
2,738,a37 61
2,842,761 51
3,208,749 84
Miscellaneous
123,292 61
193,139 85
185,221 43
183,004 60
3,244,070 81
3,812,016 59
4.002,045 12
4,500,422 66
Gross Expenses. ...
2.235.886 70
2,303,186 00
2,193,450 03
2,368,520 95
Net Transportation Earnings
1,008,184 11
1,508,830 59
1,808,595 09
2,131,901 71
RAILROAD MANUAL OF THE UNITED STATES.
829
The following table exhibits the earnings, expenses, and profits, per road-mile,
in each year, and also the proportion of the expenses to gross earnings :
1874.
1875.
1876.
1877.
Gross Earnings, per Mile
$4,741 06
$5,571 09
$5 848 81
$6 577 06
Gross Expenses, per Mile
3 267 64
3 366 00
3 205 63
3 461 48
Profits, per Mile ,
$1.473 42
$2 205 09
$o 643 18
$3 115 68
Expenses to Earnings
68.92 p. C.
60.42 p. c.
5488 p c
52 63 p c
General Balance, December 31, 1877.
Construction, etc $44,960,735 04
Real Estate 753,581 83
U. S. Land Grant, Arkansas 3,507,751 20
" " Missouri 235,15726
Supplies and Materials 241,382 55
Arkansas Trust Land Notes 485,493 95
Missouri Land Grant Notes, etc
Union Trust Company, N. Y
Cash
Uncollected Earnings, etc
Railroads and Persons
Bills Receivable, etc ,
17,937 85
47,813 39
208,458 35
118,905 25
190,462 64
17,533 05
Balance 1,116,02156
$51,883,700 87
Capital Stock $21 ,471,151 00
Bonded Debt 25,909,000 00
Certificates of Def . Coupons 2,265,485 00
Deferred Coupons, unfunded 174,640 00
Accrued Interest on Bonds 1,247,352 50
Accrued Interest on Certificates 81,348 75
Bills Payable, Real Estate 105,444 34
" " St. Louis
" " New York
Accounts Audited
Pay-Rolls
Auditor's Pay-Checks
190,746 73
28,727 53
191,097 63
194,824 98
23,942 41
$51,883,700 87
Abstract of general account for four years :
1874.
1875.
1876.
1877.
$46,899,146 67
$44,805,336 92
3,926,591 13
40,832 74
770,204 70
173,919 33
9,500 00
860,305 00
654,817 57
$44,755,806 09
3,839,579 41
35,798 40
786,226 95
264,694 26
15,000 00
$44,960,735 04
3,742,908 46
208,458 35
753,581 83
241,382 55
5,000 00
U. S. Land Grant (valuation)
Cash on Hand
127,460 22
1,391,209 03
250,577 38
Real Estate
Supplies and Materials
Stocks and Bonds
Deferred Coupons
Accounts and Bills Receivable.
381,508 45
581,288 64
Income Balance
416,950 83
1,116,081 56
Total Property and Assets
$49,631,170 39
$22,046,293 00
24,545,000 00
$51,241,507 39
$21,677,203 00
24,!-29,000 00
2,269,255 00
108,531 96
$50,114,055 94
$21,510,253 00
24,797,000 00
2,263,565 00
113,976 98
114,300 64
256,274 42
1,005,325 90
53,360 CO
$51,028,147 79
$21.471,151 00
25,909,OiiO 00
2,440,125 00
105,444 34
777,456 06
118,030 18
206,941 21
Capital Stock
Bonded Debt
Coupons, Funded and Unfunded
Real EMate, Long Obligations
148,603 39
Accrued Interest, Less Xand Credits
Operating^ Accounts, Balance
565,498 83
2,325,775 77
480,451 06
1,615,521 53
250,000 00
13,544 84
Bills and Loans Payable, Less Receivable.
Rolling Stock Renewal Fund
Income Balance
Total Capital and Liabilities
$49,631,170 39
$51,241,507 39
$50,114,055 94
$51,028,147 79
830 RAILROAD MANUAL OP THE UNITED STATES.
Statement of bonded debt in detail, December 81, 1877 :
Classes of Issues.
Date of
Issue.
0
d
e
"S
£*
Interest
Payable.
Date of
Maturity.
Pro-
vided.
Out-
standing.
Annual
Interest.
1st M. (St. L. & I. MU, 210 m
2d M.,gold( " " ), 309 "
1st M., gold (Ark. Br .), 99 "
1st M., gold (C.,A. &T.), 71 "
1st M., gold >C. & F.) 304 "
Income (C. &. F.), convertible.
Consolidated (gold) Mortgage. .
Total Amount December
Aug. 1, 1867.
May 4, 1872.
June 1, 1872.
It 41
Dec. 10, 1870.
7
!•*
t
7
7
7
7
7
Feb. & Aug.
May & Nov.
June & Dec.
Jan. & July.
Feb. & Aug.
April & Oct.
Aug. 1, 1892.
May 1, 1897.
June 1, 1895.
June 1, 1897.
Jan. 1, 1891.
Aug. 1, 1888.
April 1, 1914.
$
4,000,000
6,000,000
2,500,000
1,500,000
8,000,000
1,000,000
28,000,000
$
4,000,000
5,9,37,000
2,500,000
1,50(1,000
8,000,000
117,000
3,916,000
$
280,000
414,890
175,000
105,000
560,000
8,190
274,120
April i, 1874.
31 1877
28,000,000
25,909,000
1,813,530
The Cairo and Fulton and the Arkansas Branch bonds are also secured on land
grants. The consolidated bonds are secured on the company's whole property, and
further, after 1880, by a sinking fund. Coupon bonds may be registered if desired.
Land Department. — The company own several Congressional land grants in
Missouri and Arkansas, originally made for the construction of the Cairo and Fulton
and the St. Louis and Iron Mountain Railroads. The acts under which granted and
the acreage in each grant are as follows :
R. Rs. to which grants were made.
Date of
Accounts.
Mile
Limit.
Total
Acres.
Acres
Certified.
Cairo and Fulton, Missouri
Feb. 19, 1853.
6 and 15
219,262 31
63,540.11
July 28 1866
add'l 5
182 718
St. Louis and Iron Mountain, Missouri
July 4, 1866.
10 iind 20
640,OUO
Cairo and Fulton, Arkansas
Feb. 9, 1853.
6 and 15
1,160,667
1,115,408 41
July 28, 1866.
add'l 57
1,040,000
194,524.63
St. Louis and Iron Mountain, Arkansas
July 4, 1866.
10 and 20
864,000
The total amount, so far as certified, is 63,294.17 in Missouri, and 1,317,569.49
in Arkansas, or a total of 1,380,864.66 acres. It is not stated in the Repqrt for 1877
what quantity of land remains undisposed of. That in Arkansas is valued at $3,507,-
715.20, and that in Missouri at $235,157.26, a total of $3,842,908.46. The land notes
outstanding amount to $485,493.95 in Arkansas, and $12,430.90 in Missouri, or a total
of $497,924.85 ; and there remained (December 31, 1877) in, the hands of the commis-
sioners a cash balance of $5,506.95. In 1877 the sales were as follows :
Missouri.
Arkansas.
Total.
Land Sold Acres
3 002 62
32 292 75
35 295 37
Amount of Sales of Land ....
$11 507 84
$145 004 91
$156 512 75
Average Price per Acre Sold
3 83
4 49
4 43
Amount of Sales of Town Lots
1 645 00
13 769 20
15 414 20
Amount of Sales of Lands and Lots . .
13 152 84
158 774 11
171 926 95
Directors (elected March 6, 1877).— William H. Swift, John Bigelow, Joseph S.
Lowrey, George C. Ward, George S. Morison, and Henry G. Marquand, New York
City, N. Y.; Thomas Essex, Little Rock, Ark.; Gerard B. Allen, Sylvester H. Laflin,
RAILROAD MANUAL OF THE UNITED STATES.
831
William R. Allen, S. D. Barlow, Thomas Allen, and R. J. Lackland, St. Louis, Mo.
No election in 1878.
THOMAS ALLEN, President St. Louis, Mo.
Henry G. Marquand, Vice- President New York City.
General Manager W. R. Arthur.
Assistant to President W. R. Allen.
Gf-neral Suptrintendent A. VV. Spper.
Treatmrer D. W. McWilliams.
Assistant Treasurer S. D. Barlow.
Land Commissioner Thomas E-f ex.
Assistant Land Commissioner W. A. Kendall.
Consulting Engineer James H. Morley.
General Ticket Agent E. A. Ford.
General Freight Agent Seth Frink.
Auditor J.W.Wallace.
Paymaster C. H. Killings.
Transfer Agents .Farmers'1 Loan & Trust Co.,N. Y.
TLrn«t»~ -M».i*n -x,,JSt Louis, Mo. . . ,O. A. Haynes.
Master Mechanics j Lmie Ro'cki Afk L Fi{llay;
Purchasing Agent W. S. Cuddy.
PRINCIPAL OFFICE AND ADDRESS Fifth and Market Sts., St. Louis, Mo.
Treasurer's Office No. 22 Nassau St., New York City.
ST. LOUIS, KANSAS CITY AND NORTHERN RAILWAY.
Line of Road. — St. Louis, Mo., to Han. & St. Jo. R. R. Junction, Mo.. 265.50 miles.
(Moberly, Mo., to State Line, la 87.50
Branches : "j Ferguson, Mo., to Union Depot, Kansas City 11.50
'Salisbury, Mo., to Glasgow, Mo 15.50—11450 "
Total length of railway and branches 380.00 miles.
Sidings, etc., 63.13 miles. Gauge, 4 feet 8i in. Rail, 56 to 60 Ibs., steel, 74.22 m.
The following roads are leased and operated by company :
St. Louis, Cedar Rp'ds and Ottumwa R. R. — State Line to Ottum., la 43.25 m.
Boone Co. and Booneville R. R. — Centralia, Mo., to Columbia, Mo 22.00 "
St. Joseph and St. Louis R. R. — Lexington, Mo., to St. Joseph, Mo 76.25 "
St. Charles Bridge over Missouri River, included in main line. Union Depots at
Kansas City and St. Louis, jointly with other lines. Hannibal and St. Joseph R. R.,
joint use of 9.50 m., to Kansas City. Kansas City Bridge, over Missouri River, at
Kansas City.
The St. Louis, Kansas City and Northern Railway Company (chartered January
2, 1872), is a reorganization of the North Missouri Railroad Company. The original
company was chartered March 3, 1857. Construction was commenced May 17, 1854,
and the road opened for through business in August, 1867. The St. Charles Bridge
was completed in 1871, and the extension from Moberly west in tlie same year. The
branch to the Union Depot in Kansas City was opened in 1876. The North Mo. R. R.
Co. made default on the interest on the 2d mortgage bonds, and the road was sold in
foreclosure August 26, 1871. The first mortgage for $6,000,000 was assumed by the
reorganized company. Since the property came into the hands of the new company
(February 6, 1872), there has been added to the construction account $3,841,144.57.
On reorganization the common stock was assessed for $1,500,000, as a construction
fund. In 1874, a new mortgage for $3,000,000 was placed on all real estate and rail-
ways owned by the company, the proceeds of which has been used in reducing the
floating debt. The leased railroads are described separately.
Rolling1 Stock. — Locomotive engines, 100. Cars — passenger, 85 ; sleeping, 7;
baggage, mail, and express, 20 ; and freight (box, 1,600; stock, 400; platform, 400 ;
and coal, 200), 2,600— total revenue cars, 2,662. Service cars, 51.
832
RAILROAD MANUAL OF THE UNITED STATES.
Operations for year ending December 31, 1877. — Trains run, 2,503,948 miles.
Gross earnings— passenger, $804,319.57; freight, $2,208,120.50; mail, $50,349.48;
express, $78,250 ; and miscellaneous, $6,134.01 — total traffic earnings, $3,147,173.56.
Operating expenses (60.25 p. c.), $1,896,400.42. Net traffic earnings, $1,250,773.14.
Add, rent of tracks, $12,577.40 ; passenger pool balance, $777.22; and profit and loss,
$825.55. Total available revenue, $1,264,953.31.
Payments and Charges. — Interest — 1st mortgage bonds, $420,000 ; and real
estate and railway bonds, $186,176.67 ; rentals — Han. and St. Jo. track, $6,300 ;
Union Depot, Kansas City, $1,274.18; Kansas City Bridge, $55,000; Boone County
and Booneville R. R., $7,000; St. Louis and St. Joseph R. R., $35,000; St. Louis,
Cedar Rapids and Ottumwa R. R., $22,575; St. Charles Bridge, $124,375 ; Union
Depot, St. Louis, $13,304.53; warehouse, Union Depot, St. Louis, $2,337.06; engine
house, Union Depot, St. Louis, $728.50— total rentals, $267,897.27. Transfer agency,
N. Y., $2,083.34; commissions on coupons, $1,586.89 ; taxes (amount paid), $84,000 ;
interest and discount, $109,276,24; foreign cars, balance, $12,033.57; repairs, Han.
and St. Jo. track, $8,062.01 ; rent of box cars, $10,599.20 ; freight on box cars, $615;
freight earnings, pool account, $59,586.41 ; and use of track, $34.45. Total charges,
$1,161,948.05. Balance to credit of account, $103,005.26. Balance at debit of this
account, January 1, 1877, $660,351.41 ; add tax adjustments, $18,098.33; balance at
debit this account, December 31, 1877, $575,444.19.
Abstract of earnings, etc., for six years :
1872.
1873.
1874.
1875.
1876.
1877.
Freight Earnings
$
1,740,154 40
942,109 26
1,718,894 12
894,922 01
$
1,608,104 37
848.908 37
$
1,727,602 68
777,2(18 77
$
2,164,470 99
848,028 35
$
2,208,120 50
804,319 57
Mail, Express, etc
181,285 01
133,167 95
140,123 45
138,961 70
131,366 64
134,733 49
Gross Earnings
2,803,548 67
2,746,984 08
2,597,136 19
2,643,833 15
3,143,865 98
3,147,173 56
Operating Expenses
2,061,557 69
2,117,448 37
1,886,562 83
2,110,553 29
1,934,527 29
1,896,400 42
Net Earning?
801,990 98
629,535 71
710,573 36
533,279 86
1,209,338 69
1.250,773 14
Expenses to Earnings
71.99 p. c.
77.08 p. c.
72.62 p. c.
79.83 p. c.
61.53 p. c.
60.25 p. c.
Profit and Loss Account, December 31, 1877.
Audited Bills $84,912 70
Bills Receivable 11,641 98
Premiums of Insurance (unapprop.) 16,369 20
Stations, Freight and Ticket Accounts.. 34,816 58
U. S. Government— Mail, etc 23,035 07
Agent?, Ticket Account, etc 72,591 77
Total due to Company 243,367 30
Cash on Hand 60,981 58
Balance, Floating Debt 917,304 15
Audited Vouchers $228,494 90
Auditor's Checks (Wages) 218,807 96
Bills Payable. 521,57264
Foreign Roads — Car Account 4,639 79
Unpaid Taxes, '76-'77 110,021 17
Coupons Due and Accrued 75,891 67
Rental Account 20,97709
St. Charles Bridge, Div. and Int. Acct. 33,125 00
Sundry dues by Company 7,722 81
$1,221,653 03
General Balance, December 31, 1877.
$1,221,653 03
Road and Equipment $28,600,000 00
Glasgow Branch (on account) 20,703 25
Construction Since Feb. 7, 1872 3,841,144 57
Stock (St. L., K. C. and N. Ry) 409,854 00
" (St. L., Ott. and C. Rpds. R. R.) 538,000 00
" (Union Depot) Kansas City. .... 5,375 00
Supplies, etc 107,782 24
Income Account— Debit Balance 575,444 49
$34,448,304 15
Common Stock $12,000,000 00
Preferred (10 p. c.) Stock 12,000,000 00
1st Mort., 7s (N. Mo. R. R.) Assumed 6,000,000 00
R.E.&Ry.Mt.,7s (St.L.,K.C.&N.Ry.) 2,993,000 00
Balance of Dues $978,285 73
Cash on Hand 60,981 58— 917,304 15
Stock Account.., 538,00000
$34,448,304 15
RAILROAD MANUAL OF THE UNITED STATES.
Statement of funded debt in detail, December 31, 1877 :
833
Classes of Bonds.
Date of
Issue.
Rate
p. c.
Interest
Payable.
Principal
Payable.
Amount
Authorized.
Amount
Issued.
1st Mt. (N. Mo. R.R.) Ass'd
Real Estate.& Ry. Mort.. ..
July 1, 1865.
Sept. 1, 1874.
7
7
Jan. and July.
Mar. and Sep.
July 1, 1895.
Sept. 1, 1904.
$6,000,000
3,000,000
$6,000,000
2,993,000
The real estate and railway mortgage was made for the purpose of paying off the
company's floating debt. Of the total now outstanding there was issued, in 1877,
$2,000,000. The floating debt in the same year was reduced from $2,167,476.68 to
$917,304.15.
Directors (elected March 5, 1878).— B. W. Lewis, Jr., John Jackson, John A.
Scudder, John H. Beach, William Spear, S. B. Parsons, James F. How, and C. P. Burn-
ham, St. Louis, Mo. ; Solon Humphreys, John A. Jameson, and W. R. Garrison, New
York City, N. Y.
B. W. LEWIS, JR. , President St. Louis, Mo.
James F. How, Vice- President and Secretary " "
Gen. Supt.— Thomas McKissock St. Louis.
Treasurer — R. D. Kohn "
Auditor— D. R. Howard "
Chief Engineer— S. T. Emerson "
Gfn. Freight Agt.—A. C. Bird St. Louis.
Gen. Ticket Agent— C. K. Lord "
Master Car Builder— C. S. Buck Moberly.
Purchasing Agent— R. W. Green St. Louis.
PRINCIPAL OFFICE AND ADDRESS. Third, cor. Chestnut Sts., St. Louis, Mo.
BOONE COUNTY AND BOONEVILLE EAILEOAD.
Line of Road. — Centralia, Mo., to Columbia, Mo 22 miles.
Sidings and other tracks, 1.1 mile. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
Built in 1866. Leased to St. Louis, Kansas City and Northern Ry. Co. from date
of opening, the rental paid being $7,000 yearly.
Financial Statement. — Capital stock and 1st mortgage 7 per cent, bond,
000 — total, representing cost of road, $350,000.
PRINCIPAL OFFICE AND ADDRESS St. Louis, Mo.
ST. JOSEPH AND ST. LOUIS EAILEOAD.
Line of Road. — St. Joseph, Mo., to North Lexington, Mo 76.25 miles.
Sidings and other tracks, 2 miles.' Gauge, 4 feet 8£ inches. Rail, 56 Ibs.-
Opened as St. Louis and St. Joseph R. R., July 22, 1870. Sold in foreclosure
February 8, 1874, and reorganized under present name. Leased for 99 years from
July 1, 1874, to the St. Louis, Kansas City and Northern Ry. Co. The lease-rental
is now $35,000, and will be such until the expiration of five years from date of lease,
and then 30 per cent, of gross receipts, with a guaranteed minimum of $25,000 per
annum.
53
834 RAILROAD MANUAL OF THE UNITED STATES.
Financial Statement. — Capital stock (nominal), $100,000 ; 1st mortgage 7 per
cent, bonds, $500,000. Cost of road, $600,000.
Directors, — August Kountze, D. G. Floyd, N. E. Gouldy, W. F. Instet, and Wm.
Mason, New York City, N. Y. ; J. R. Lionberger, St. Louis, Mo. ; and S. Angier
Chase, Fall River, Mass.
AUGUST KOUNTZE, President New York City, N. Y.
Secretary and Treasurer N. E. Gouldy. | Transfer Agents Hassler & Co.
PRINCIPAL OFFICE AND ADDRESS No. 7 Wall Street, New York City.
ST. LOUIS, OTTUMWA AND CEDAK EAPIDS KAILROAD.
Line of Road. — Ottumwa, Iowa, to Missouri State Line 43.25 miles.
Sidings and other tracks, 2.16 miles. Gauge, 4 feet 8i inches. Rail, 56 Ibs.
Originally the St. Louis and Cedar Rapids R. R. Sold in foreclosure in 1874, and
reorganized under existing title. Leased October 1, 1875, to St. Louis, Kansas City
and Northern Ry. Co. Rentals, 7 per cent, on mortgage debt, $22,575 annually.
Financial Statement. — Capital stock, $600,000 ; and funded debt, 1st mortgage,
7 per cent, bonds, dated October 1, 1875, and due October 1, 1897, $322,500— total,
representing cost of road, $922,500. The lessees own $528,000 of the stock.
JOHN A. SCUDDER, President St. Louis, Mo.
John Sloan, Secretary and Treasurer Ottumwa, la.
PRINCIPAL OFFICE AND ADDRESS Ottumwa, Wapello Co., la.
ST. LOUIS, KEOKUK AND NOETHWESTEKN EAILWAY.
Line of Road. — Keokuk, la., to Clarksville, Mo 95 miles.
Sidings and other tracks, 5 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
Reorganization, July 1, 1875, of Mississippi Valley and Western R. R. Opened
July 1, 1875.
Rolling1 Stock. — Locomotive engines, 8. Cars — passenger, 5 ; baggage, etc. , 2 ;
freight (box, 80 ; stock, 39 ; and platform, 30), 149 — total revenue cars, 156. Also, 6
service cars.
Operations for six months ending December 31, 1875. — Trains run — passenger,
4,800; freight, 2,400; and other, 1,600— total, 8,800 miles.
Earnings.
From Passengers $31,094 05
" Freight 37,90591
" Mail and Express 4,750 86
Miscellaneous.., 461 85
$74,212 67
Expenditures.
For Maintenance of Way $35,311 54
" Rolling Stock 4,37655
" Transportation. 32,168 22
Miscellaneous 21,79228
$93,648 59
Deficit, $18,635.92. Included in operating expenses are also expenditures for
construction.
RAILROAD MANUAL OF THE UNITED STATES. 835
Financial Statement, January 1, 1876. — Capital stock, $20,000 per mile ; and 1st
mortgage 7 per cent, bonds, $800,000. These bonds are dated January 20, 1873, and
are payable, interest, semi-annually, February and August, and principal, 1902.
The above statement shows the condition of the company prior to sale and re-
organization. The details of reorganization are not given, and no report of the
present financial condition.
No later report furnished.
Directors (elected December, 1877). — George Edmunds, Jr., Carthage, 111. ; A. B.
Stone, New York City; John O. Roberts, Clarksville, Mo. ; W. H. Harris and D. P.
Eels, Cleveland, O. ; H. B. Blood and A. L. Griffin, Keokuk, la.
A. B. STONE, President New York City.
A. L. Griffin, Vice-Pres. and Superintendent Keokuk, la.
Treasurer— W . H. Hains Cleveland, O. I Gen. Fgt. Agt.—'R. B. Blood Keokuk, la.
Secretary — H. B. Blood Keokuk, la. | Mast. Mech. — Charles Sellers " "
Chief Engineer— H. W. Parkhurst Keokuk, la.
PRINCIPAL OFFICE AND ADDRESS Keokuk, la.
ST. LOUIS, SALEM AND LITTLE EOCK EAILEOAD.
Line of Road. — Cuba, Mo., to Salem, Mo 41.5 miles.
Sidings and other tracks, 2.5 miles. Gauge, 4 feet 9 inches. Rail, 56 Ibs.
Chartered in 1871, and opened in 1873. It reaches St. Louis by the St. Louis
and San Francisco Railway. The company also operate as a branch the Salem and
Northeastern R. R., 1.17 miles.
Rolling Stock.— Locomotive engines, 5. Cars — passenger, 1 ; baggage, etc., 1 ;
caboose, 2 ; freight, 39 — total cars, 43.
Operations for year ending December 31, 1877. — Trains run, 25,584 miles.
Freight moved, 65,000 tons. Earnings — passenger, $5,130 ; freight, $69,545 ; and
mail, etc., $2,045,17 — total, $76,720. Operating expenses — way and structures, $8,-
967.39 ; rolling stock and motive power, $15,513.46 ; transportation, $12,121.38; and
miscellaneous, including taxes, $6,360.97— total, $42,963.20. Net earnings, $33,756.-
97, paid for interest on funded debt.
Financial Statement. — Capital stock, $746,800, and funded debt, first mortgage,
7 percent. 30 year gold bonds, dated October 1, 1882, $977,000— total stock and bonds,
representing cost of road, $1,723,800. Principal and interest are guaranteed by the
Missouri Iron Company.
Directors (elected April 17, 1878).— A. L. Crawford, Newcastle, Pa. ; W. L. Scott
and Joseph McCarter, Erie, Pa. ; J. M. Orchard, Orchard Bank, Mo. ; and H. A. Craw-
ford, St. Louis, Mo.
A. L. CRAWFORD, President Newcastle, Pa.
Treas. & Secretary — Win. Brewster Erie, Pa.
Asst. Treas. & Sec.— E. L. Foote St. Loui*, Mo.
Gen. Supetin"(rnt — J. W. Blanchard, Steelville, Mo.
Chf. Eng. & Fght. Agt.—E. B. Sankey, Salem, Mo.
Master Mechanic — Thomas Everson, Steelvi le, Mo.
Purch, Agent— H. A. Crawford St. Louis, Mo.
PRINCIPAL OFFICE AND ADDRESS. . No. 502 North Com'! St., St. Louis, Mo.
Fiscal Agency and Transfer Office No. 13 Scott's Block, Erie, Pa.
836 BAILKOAD MANUAL OF THE UNITED STATES.
SPRINGFIELD AND WESTERN MISSOUKI RAILROAD.
Line of Road. — Springfield, Mo., to Ashgrove, Mo 20 miles.
This road was so far completed in April, 1878. It is laid chiefly on the road-bed
graded in 1872 by the Kansas City, Memphis and Mobile Company. A further sec-
tion of 25 miles to Greenfield will probably be completed during the current year.
MCCARTY & BURGESS, Contractors Springfield, Mo.
PRINCIPAL OFFICE AND ADDRESS Springfield, Mo.
ST. LOUIS AND SAN FRANCISCO RAILWAY.
Line of Road. — Pacific Station, Mo., to Vinita, Ind. Ter 326.50 miles.
Sidings, etc., 32.25 miles. Gauge, 4 feet 8i inches. Kail (steel, 46.25 m.), 56 Ibs.
The company pay toll to the Missouri Pacific R. R. Co. for the use of the track
between Pacific Junction and St. Louis, 37 miles.
The South Pacific R. R. Co. was organized under Act March 7, 1868. Previous
to this date the road was the Southwest Branch of the Pacific R. R. Co. of Missouri,
which, on the formation of the new company, transferred to them the line so far aa
built, and the Congressional land-grant, embracing nearly 1,200,000 acres. The
Atlantic and Pacific R. R. Co. was organized under an Act of Congress of July 27, 1866,
and became owner of the South Pacific Railroad by purchase, October 25, 1870. The
Atlantic and Pacific R. R. Co. received a grant of land covering 506,816 acres. The
road was opened to Vinita September 1, 1871. The Atlantic and Pacific R. R. Co.
having made default on the interest on the bonds issued subsequent to the consolida-
tion, the mortgage to secure the same was foreclosed, and the property and fran-
chises of the company sold September 7, 1876, and conveyed to the St. Louis and
San Francisco Railway Company, November 2, 1876. The existing company thus
became owners of the franchises of the South Pacific and the Atlantic and Pacific R.
R. Cos., and the land grants. Of the original land-grant, 500,000 acres are mort-
gaged to secure the bonds of the South Pacific R. R. Co., of which there are at
present outstanding $7,194,000.
Rolling Stock. — Locomotive engines, 28. Cars— passenger, 8 ; sleeping, 1 ;
mail and smoking, 4 ; baggage, 4 ; caboose, 17 ; and freight (box, 261 ; ore, 185 ; live
stock, 259 ; and platform, 10), 715— total, 749. Also, 7 service cars.
Operations for year ending December 31, 1877. — Trains run— passenger, 258,-
108 ; freight, 546,816— total, 804,924. Passengers carried, 55,736 ; carried one mile,
5,065,313. Freight moved, 259,386 tons ; moved one mile, 39,824,417 tons.
Earnings.
From Passengers $230,242 57
" Freight 1,023,909 89
" Express 27,024 56
" Mail 27,096 47
Miscellaneous . . 15,669 27
$1,323,943 76
Expenditures.
For Maintenance of Way $213,138 49
" Motive power 148,96832
" Cars 60,04914
" Transportation.... 119,03943
Miscellaneous 43,621 53
$584,816 91
Balance — net earnings (55.83 per cent.), $739,126.85. Payment : construction,
$61,505.44.
RAILROAD MANUAL OF THE UNITED STATES.
Abstract of earnings and expenses, 1876 and 1877 :
837
«
1877.
1876.
Increase.
Decrease.
Passenger Earnings . . ,
$
230,242 57
$
239,257 98
$
$
9 015 41
Freight "
1,023,909 89
965,775 03
58,134 86
Express and Mail ... .
54,121,03
56,561 47
2 440 44
Miscellaneous
15,670 27
110,064 40
95,394 13
Gross Earnings
1,323,943 76
1,372,658 88
48 715 12
Operating Expenses
384,816 91
697,611 51
112 794 60
Net Earnings
739,126 85
675,047 37
64,079 48
Gross Earnings, per Mile
4,048 76
4,194 52
145 75
1,788 43
2,131 74
343 31
Net Earnings, per Mile
2,260 32
2,062 78
197 54
Expenses to Earnings
44.17 p. c.
50.82 p. c.
6.65 p. c.
Statement of Income Account from date of organization of the company (Sep-
tember 7, 1876) to December 81, 1877. — Earnings — passenger, $305,910.22; freight,
$1,391,177.68; and other, $134,423.38— total, $1,831,511.28. Operating expenses,
$801,220.72 ; improvements, $79,137.09 ; land grant account, $636.54, and taxes,
$27,250.21— total, $908,244.56. Net revenue over all expenses, $923,266.72; bonded
debt interest, including premium on gold, $734,740,91 : organization, stationery and
printing, office, salaries, legal expenses, rent, etc., $44,591.98 — total, $779,332.89.
Balance of income, December 31, 1877, $143,933.83.
General Account, December 31, 1877.
Franchises and Property $26,734,718 15
Cash on Hand 178,477 00
Bills Receivable 17,958 34
Supplies, Dues, etc 12,77074
$26,943,924 23
Capital Stock $21,289,608 00
Funded Debt (Bonds and Scrip) 5,278,982 26
Premium on Gold, etc 9,311 14
Coupons, including January 1, 1878.. 222,089 00
Balance, Income 143,933 83
$26,943,924 23
The capital stock under the reorganization is $25,000,000, as follows :
Classes.
Provided.
Issued to
Date.
Unissued at
Date.
Common Stock
$10500000
$7,719,200
$2,780,800
Preferred Stock
10,000,000
9.507,100
492,900
1st Preferred Stock
4,500,000
3,704,700
795,300
The common and preferred stocks were exchanged for like stocks of the Atlantic
and Pacific R. R. Co. The first preferred stock was issued for bond scrip, blue or
scrip bonds, and unpaid coupons of that Co., and surrendered future interest on series
B and C bonds.
At the date of reorganization, there was outstanding of the issues of the R. and
P. R. R. Co. : Land mortgage bonds, $2,418,500 ; 2d mortgage bonds, $1,967,000 ; income
bonds, $559,000. The two first classes were secured by an equal lien on the property-
acquired from the South Pacific R. R. Co., and the land bonds were additionally secured
by a 1st mortgage on about 504,000. The income bonds were issued for coupons.
After the reorganization St. L. and S. F. Ry. Co. issued $5,700,000 bonds, dated
November 1, 1876, payable in 30 years, and secured by a mortgage on all the property
838
KAILROAD MANUAL OF THE UNITED STATES.
and franchises of the company. These are divided into series : $500,000 of A ;
$2,800,000 of B ; and $2,400,000 of C. Series A bear interest at 6 per cent, in gold,
payable semi-annually ; series B and C bear interest, payable semi-annually in gold, as
follows ; 2 years, 2 per cent. ; 8 years, 3 per cent. ; 1 year, 4 per cent ; 1 year, 5 per
cent. ; and from and after November 1, 1883, 6 per cent.
The proceeds of series A to be used to pay Receiver's certificates issued during
the pendency of the foreclosure proceedings, liens established by the courts, taxes,
expenses of organization, etc.
Total CasJi Receipts and Disbursements, September 7, 1876, to December 31, 1877.
Receipts.
A Bonds sold ($313,000) $301,882 22
Net Earnings 951,096 42
Disbursements.
Coupons, rentals, etc $576,764 95
Receiver's A. & P. R. R $261,160.45
Redemp. A. & P. securities. 224.005 50— 475,165 95
Cash on Hand 191,247 74
$1,252,978 64 $1,252,978 64
Series B to be exchanged, dollar for dollar, for the Atlantic and Pacific R. R. Co.
land mortgage bonds, and series C. for the 2d mortgage and income bonds, the latter
of which were issued in funding coupons.
Of these there had been issued under the scheme of reorganization to December
31, 1877: of series A, at par, for cash, $313,000 : of series B, in exchange, as above,
$2,673,500; of series C, in exchange, as above, $2,271,000— or a total of $5,257,500,
which, together with the issue of the South Pacific R. R. Co.'s bonds of $7,194,500,
make the total bonded indebtedness of this company $12,452,000 — the annual charge
on which, at the present rates, is $549,340, gold.
A business contract has been concluded for ten years with the Missouri and
Western R. R. Co., and a like contract with the Springfield and Western Mis-
souri R. R. Co., which is building a road from Springfield to Lamar, 60 miles. An
agreement has also been made with the Cherry Valley R. R. Co., now constructing a
railroad to reach their iron mines, 12 mi.es southeast of Cuba. The lease to the
Granby Mining and Smelting Company has been modified so as to require a royalty
of $12.50, and for transportation $65 per car load. The contract with the Beaver
Branch Company has been terminated.
Land Department. — All proceeds of sales, rents, and royal ties belong to the several
classes of bonds issued by this company and their predecessors. The original land
grant to the Southern Pacific R. R. Co. contained 1,161,244.47 acres, of which 613,-
121.06 acres remain in the hands of the company. The lands granted to the Atlantic
and Pacific R. R. Co. amount to 503,951.18, of which 302,654.13 acres remain unsold.
The results of sales, etc., have been as follows :
S. Pacific R. R.
A. &. P. R. R.
Total Grant
1,161,244.47 acres.
503,951.18 acres.
Lands Sold
618,482.99 "
207,286.92 "
Lands Uusold . .
542,761.48 acres.
296,775.16 acres.
Lands Reverted Contracts Canceled.
70,359 58 "
5,988.97 "
613,121 06 acres.
302,764.13 acres.
These Lands Sold for
$2 557,954 17
$724,175 80
1,167,479 34
586,061 91
Contracts Outstanding
$1,390,474 83
$138,113 89
EAILKOAD MANUAL OF THE UNITED STATES. 839
The average price, per acre, of lands sold in 1877 was as follows :
1
Acres.
Amount.
Rate.
28,649.29
$139.670 81
$5 87.5
Atlantic and Pacific Account
3,052.63
12,675 87
4 15.2
7,168.34
52,944 90
7 21.3
Total
38,870.26
$205,291 58
$5 02.8
The royalty received from the Granby Company was $16,579.35.
Directors (elected March 5, 1878). — James Baker and Samuel Hays, St. Louis,
Mo. ; Frederick Butterfield, S. M. Seely, Andrew Peirce, W. F. Buckley, Thomas T.
Buckley, George F. Stone, J. P. Robinson, C. J. Bergen, and Joseph Seligman, New
York, N. Y. ; Francis B. Hayes and W. H. West, Boston, Mass.
JAMES BAKER, President St. Louis, Mo.
Sec. and Treas.— William F. Buckley. . .N. Y. City.
Gen. Superintendent— C. W. Rogers St. Louis.
Auditor — James Hanna "
Fgt. and Pass. Agent— D. Wishart "
Land Commissioner — W.
Cashier— T?. F. Randolph S t Louis.
Assist. Svpt.—D. II. Nichols, Springfield. Mo.
Chief Engineer— James Dun u
Master Mechanic — M.Kearney " "
H. Coffin. .St. Louis, Mo.
PRINCIPAL OFFICE AND ADDRESS Temple Building, St. Louis, Mo.
Financial Agency and Treasurer's Office — No. 3 Broad St., New York, N. Y.
ST. LOUIS TUNNEL KAILKOAD.
Line of Road. — St. Louis, Mo., to East St. Louis, 111 About 3 miles.
Sidings, etc., 15 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
This road is owned by the Illinois and St. Louis Bridge Company, and was built
to connect the railroads entering the City of St. Louis from the South and West with
the bridge over the Mississippi River. It was nominally opened for traffic July 4,
1874, but did not come fully into operation until October 1, 1874.
No report of its operations is furnished.
Financial Statement, April 30, 1875.— Capital stock, $100,000 ; funded debt,
$1,321,632.45 ; interest coupons, due January 1, 1875, unpaid, $61,973.44 ; Illinois and
St. Louis Bridge Co , $208,825.99 ; other accounts, $264,857.02— total stock, bonds
and debt, $1,957,288.90. Per contra : Cost of construction, $1,202,503.56 ; real estate,
$255,276.80; discount, $200,871.91; interest, $175,609.70; other accounts, $118,-
526.83— total, $1,957,288.90.
Statement of funded debt in detail :
Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principnl,
When Due.
Amount
Authorized.
1st Mortgage Sinking Fund
1873.
.9 gold.
Jan. and July.
1888.
£250,000
2d Mortgage
1874.
10 c'cy.
1,000,000
840
BAILBOAD MANUAL OF THE UNITED STATES.
The sinking fund of the 1st mortgage bonds provides for an annual payment,
increasing from £12,000 in 1877, to £39,400 in 1888. The company is now in the
hands of J. Pierpont Morgan and Solon Humphreys, trustees of the second mortgage.
No later report furnished.
Illinois and St. Louis Bridge. — This company was chartered "by Act of Congress
July 20, 1868, for the construction of a bridge across the Mississippi River at St.
Louis. The bridge was completed and opened for traffic July 4, 1874.
Operations for the year ending April 30, 1877. — Receipts from upper roadway
(foot passengers and vehicles), $115,013; from lower roadway (railroad), $535,796;
rents, etc., $4,608— total, $655,417. Expenses, $435,227. Net receipts, $220,140.
The number of passengers passing over the bridge was 604,833 ; of vehicles, 404,260 ;
of animals, 31,229 ; of loaded cars, 79,782 ; empty cars, 12,644.
General Balance (Bridge Company), April 30, 1874.
Construction $6,699,158 26
Bonus, Discount and Coupons 5.159,052 90
Land Damages 516,602 01
Tunnel R. R 308,325 99
Miscellaneous Accounts 977,089 55
Capital Stock $3,774,345 00
Funded Debt 8,439,000 00
Bills Payable 730,44130
Earnings 287,527 63
Coupons and Accounts 428,914 78
$13,660,228 71
Statement of funded debt (Bridge Company) in detail :
$13,660,228 71
Title and Character of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal,
When Due.
Amount
Authorized.
Am't Out-
standing.
1st Mortgage Sinking Fund. . .
2d "
1870.
1871.
'7 gold.
7 "
April and Oct.
Jan. aud July.
1901.
1901.
$4,000,000
2,000,000
$3,947,000
2,000,000
Tunnel Bonds
9
1,250,000
This company defaulted on the interest on its bonds, and the bridge is now in
the hands of J. Pierpont Morgan and Solon Humphreys, trustees of 4th mortgage.
The total annual interest is $532,500. No later report furnished.
GERARD B. ALLEN, President St. Louis, Mo.
Treasurer J. H. Britton. | Secretary , George C. Fabian.
PRINCIPAL OFFICE AND ADDRESS. ..213 Washington Street, St. Louis, Mo.
RAILROAD MANUAL OF THE UNITED STATES.
841
TERRITORY.
Area, 68,991 square miles. Population — white, 10,000, and Indian, 60,000.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Tracks.
Leugtli of Lines.
Total.
Ind. Ter.
1.
2.
Missouri, Kansas and Texas [Missouri
Ft. In.
4:8#
4:8#
M.
787.19
326.50
M.
241.00
34.00
St. Louis and San Francisco [Missouri
Total Length
1,112.50
275.00
STATE OF1 ARKAJSTSAS.
Area, 52, 198 square miles. Population, 557,141. Assessed valuation, $94,652,877.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Tracks.
Length of Lines.
Total.
Arkansas.
1. Arkansas Central
Ft. In.
3 :6
3:6
4:8*
4:8*
5:
5:
M.
48.00
25.00
168.00
100.00
133.00
684.25
M.
48.00
25.00
1(58.00
100.00
133.00
306.50
2. Hot Springs Branch
3. Little Rock and Fort Smith
4. Little Rock, Mississippi River and Texas
5. Memphis and Little Rock
6. St. Louis, Iron Mountain and Southern. [Mo. . . .
Total Length
1,158.25
780.50
84:2 BAILROAD MANUAL OF THE UNITED STATES.
AEKANSAS CENTEAL EAILEOAD. (In Progress.)
Line of Road.— Helena, Ark., to Little Rock, Ark 114 miles.
Branches • •! Junction (65 m- w- Helena) to Pine Bluff 28
( Duncan (40 m. W. Helena) to Clarendon 8 — 36 "
Total length of main and branch lines as projected 150 miles.
In operation : Helena to Duncan and to Clarendon 48 "
Sidings and other tracks, 3 miles. Gauge, 3 feet 6 inches. Rail, 35 to 40 Ibs.
Consolidation of Arkansas Midland and the Little Rock and Helena. The com-
pany received State aid to the extent of $15,000 per mile in 30-year 6 per cent, bonds,
and county subsidies to the extent of $700,000 or $800,000 in bonds. The tJtat-e also
made a grant of 200,000 acres of land. Defaulted Jan. 1, 1874; in hands of Receiver
March, 1876 ; and sold in foreclosure July 22, 1877. No reorganization yet effected.
Rolling Stock. —Locomotive engines, 3. Passenger cars, 2; baggage and mail
car, 1 ; and freight cars — box, 10 ; and platform, 18 — total revenue cars, 31.
Financial Statement (before sale). — Capital stock authorized, $2,500,000; and
funded debt, 1st mortgage 8 per cent, gold bonds, dated July 1, 1871, and due in 20
years (guaranteed by State), $720,000, and 2d mortgage 7 per cent, gold bonds, dated
April 1, 1873, and due in 20 years, $700,000.
A. H. JOHNSON, General Manager Helena, Ark.
Secretary Charles C. Waters. | Master Mechanic James B. Johnson.
PRINCIPAL OFFICE AND ADDRESS Helena, Phillips Co., Ark.
HOT SPEINGS BEANCH EAILEOAD.
Line of Road. — Malvern, Ark., to Hot Springs, Ark 25 miles.
Sidings, etc., 1 mile. Gauge, 3 feet 6 inches. Rail, 50 Ibs.
Opened November, 1875. Operated in connection with the St. Louis, Iron
Mountain and Southern Ry.
Rolling Stock. — Locomotive engines, 2. Cars, 22.
Operations for year ending December 31, 1877. — All information refused.
Financial Statement, — Capital stock, $300,000; representing cost of road, etc.
J. REYNOLDS, President Chicago, 111.
Sec. and Treas.—J. Reynolds Chicago, 111. | Superintendent— 3 . N. Anger. . . Hot Springs, Ark.
PRINCIPAL OFFICE AND ADDRESS Hot Springs, Ark.
LITTLE EOCK AND FOET SMITH EAILWAT.
Line of Road. — Little Rock, Ark., to Fort Smith, Ark 168 miles.
Sidings, and other tracks, 4.20 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
RAILKOAD MANUAL OF THE UNITED STATES.
843
The Little Rock and Fort Smith R. R. Co. was Fold on foreclosure in 1874, and
the purchasers reorganized as the Little Rock and Fort Smith Railway Co. in 1875.
The bonds of the new company began to draw interest January 1, 1877. In July,
1877, however, the company asked the bondholders to fund four coupons, the earn-
ings of the road not being sufficient to meet the accruing interest.
Boiling1 Stock. — Xot reported.
Operations for the last three years :
1875.
1876.
1877.
Gross Earnings
$143,120 09
$202,280 26
$272,928 70
Operating Expenses .... .. . . ...
133,582 14
159,049 33
161,921 48
$9,537 95
$43,230 93
$111 007 32
Miscellaneous Receipts
7,813 35
3,118 73
Available Revenue
$9,537 95
$51,044 28
$114,126 05
The earnings in January, February, and March, 1878, amounted to $79,000.
Land Department.— Land sales, 1875, $41,687.43 ; Ib76, $169,686.18 ; and 1877,
$176,659— total, $388,033. Acres sold 1875-77, 89,311.80 ; averaging $4.34 per acre. In
the first three months of 1878 there were sold 34,224.96 acres for $142,839.04, averag-
ing $4.17 per acre. The land grant covers about 1,000,000 acres. Land notes out-
standing, $385,201.62.
Financial Statement— Capital stock, $4,096,000 ; funded debt, $2,650,000, and
floating debt, $100,000 — total stock, bonds and debt (representing cost of road),
$6,846,000. The funded debt consists of 1st mortgage 7 per cent, road and land 30-
year bonds, dated January 1, 1875 (authorized, $3,000,000), $2,650,000.
Directors (elected April, 1878).— J. H. Converse, Elisha Atkins, F. M. Weld, and
T. H. Perkins, Boston, Mass. ; Jesse Turner, Van Buren, Ark. ; Wadley E. Jones,
S. F. Clark, and J. W. Gay, Little Rock, Ark.
J. H. CONVERSE, President Boston, Mass.
Jesse Turner, Vice-President Van Buren, Ark.
Sec.&Tkf.&Pa#*.Agf.—J.W.Gsiy, Little Rock, Ark. Manager— T). F. Wilbur ...Boston, Mass.
Master of Mach— James Eblen... Little Rock, Ark.
Little Rock, Ark.
Gen. Supt. — T. Hartman
Land Agent— W. D. Slack
PRINCIPAL OFFICE AND ADDRESS Little Rock, Ark.
Fiscal Agency Devonshire St. , Boston, Mass.
LITTLE KOCK, MISSISSIPPI EIVEK AND TEXAS BY.
Line of Road.- ArkaPo]is> Ark-> to Pine Bluff
( Arkapolis, Ark., to Collins, Ark
.75 miles.
.25 "
Total length of railroad in operation January 1, 1878 100 miles.
Sidings and other tracks, 2.50 miles. Gauge, 4 feet 8-J inches. Rail, 50 Ibs.
Reorganization after foreclosure of the Little Rock, Pine Bluff and New Orleans
and the Mississippi, Ouachita and Red River R. R. Cos. Both the original com-
844 BATLROAD MANUAL OF THE UNITED STATES.
panics received land grants and State bond aid. Tlie existing company has restored
the roads which had become dilapidated. It is the intention of the company to
extend these roads — the one to Little Rock and the other to Texarkana.
Financial Statement.— Capital stock, $2,606,900 ; and funded debt, 1st mort-
gage 7 per cent. 20-year bonds, dated January 1, 1876 ($12,500 per mile), $1,250,000
— total, $8,856,900. The capital stock represents the bonds of the old companies.
J. E. REDFIELD, President Boston, Mass.
Treasurer E. L. Adams. I Freight and Ticket Agent I. A. Woodeon.
Superintendent W. S. Houdlette. | Chief Engineer J. H. Morley.
PRINCIPAL OFFICE AND ADDRESS Arkapolis, Ark.
Fiscal Agency No. 5 Pembroke Square, Boston, Mass.
MEMPHIS AND LITTLE KOCK EAILKOAD.
Line of Road. — Hopefield, Ark., to Little Rock, Ark 133 miles.
Sidings and other tracks, 3 miles. Gauge, 5 feet. Rail, 56, 60, and 72 Ibs.
Memphis and Little Rock R. R. Co., chartered January 11, 1853. By 1860 the line
was in operation from Hopefield to Madison, 39 miles ; from Argenta to Duvall's Bluff,
48 miles. The division between Madison and Duvall's Bluff was completed and
opened for traffic April 12, 1871. The whole line was opened in 1874. Default was
made on the November, 1872, coupon of the 1st mortgage land grant bonds ($1,300,-
000), and the property sold in foreclosure in 1873. The original company was suc-
ceeded by the Memphis and Little Rock Railway Co. This company also failed to
pay their bond interest, and were in turn sold out April 28, 1877. The property was
purchased on account of the bondholders, who reorganized under the charter of 1853,
and the property was conveyed to their possession September 29, 1877. New books
were opened October 1, 1877.
Rolling Stock. — Locomotive engines, 14. Passenger cars, 9 ; baggage, mail and
express, 3; and freight, 127 — total cars, 139. Construction and service cars, 42.
Steam Transfer — Hopefield to Memphis, 2 miles.
Operations for year ending December 31, 1877. — Gross earnings — passenger,
$238,999.59; freight, $234,242.92; mail, express, etc., $17,732.06; and minor sources,
$1,133.35— total, $492,107.95. Operating expenses, reconstruction, etc., etc., $497,-
637.49. Under the receivership no distinction was made of the reconstruction ac-
counts. For the last three months (October 1, to December 31) the gross earnings were
$190,178.32, and the road expenses.. $106,215.53: balance, net earnings, $83,962.79.
Financial Statement, December 31, 1877.— Capital stock, $3,000,000; viz.: de-
ferred (in trust), $1,500,000, and common, $1,500,000; funded debt, $2,850,000, and
floating debt, $176,527.95. Per contra : Construction account, $5,975,977.67 ; land
notes, $4,498.11 ; 10 per cent, bonds on hand, $3,000 ; cash and cash items, $43,052,17.
Balance, total, $6,026,527.95.
The funded debt consists of 1st mortgage 10 per cent, bonds, dated May 1, 1877,
and due, $50,000 yearly, May 1, 1879 to 1883, $250,000 ; and general mortgage bonds,
dated May 2, 1877, and due July 1, 1907, without interest to July, 1878 ; with 4 per
cent, from July, 1878, to July, 1882, and thereafter with 8 per cent., $2,600,000.
RAILROAD MANUAL OF THE UNITED STATES.
845
Land Department. — Under Acts of Congress of February 3, 1853, and July 28,
1866, this road received land grants, of which there had been certified to the company
up to June 30, 1877, 141,844 acres. These lands are covered by the general mortgage.
Directors (elected February 15, 1878).— R. K. Dow, B. C. Brown, and M. B. Pritch-
ard, Little Rock, Ark. ; William Black, Brinkley, Ark. ; and J. W. Wynne, Forrest
City, Ark.
R. K. Dow, President Little Rock, Ark.
Treasurer and Secretary John W. Goodwin.
General Manager M. B. Pritchard.
Assistant Superintendent W. E. Smith.
Chief Engineer and Land Agt. .James Harrington.
Master Mechanic J. Rennclls.
General Passenger Agent M. S. Jay.
General Freight Agent R. S. Carney.
Purchasing Agent M. B. Pritchard.
PRINCIPAL OFFICE AND ADDRESS Little Rock, Ark.
OF
Area, 274,356 square miles. Population, 1,208,716. Assessed valuation, $316,000,000.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Tracks.
Length of Lines.
Total.
Texas.
1. Corpus Christi, San Diego and Rio Grande. . . .
2. Dallas and Wichita
Ft. In.
3 :
4 :8*6
4 :8*6
4 :8*6
3 :
4 :8*6
4:8*6
4:8*6
4:8*6
4:8*6
3:
4:8*6
4:8*6
3:
4:8*6
4:8*6
4:8*6
4:8*6
4:8*6
3:
3 :
Jf.
' 25.00
17.50
8.25
45.00
15.50
214.75
50.00
45.00
68.80
15.00
35.00
516.00
519.30
4.00
787.19
22.00
108.00
443.86
8.00
41.00
21.50
M.
25.00
17.50
8.25
45.00
15.50
214.75
50.00
45.00
68.80
15.00
85.00
516.00
519.30
4.00
5.50
22.00
108.00
424.50
8.00
41.00
21.50
3. Denison and Southeastern
4. East Line and Red River
5. Galveston, Brazos and Colorado
6. Galveston, Harrisburg and San Antonio
7. Galveston, Houston and Henderson
8. Gulf, Colorado and Santa Fe
9. Gulf, Western Texas and Pacific
10. Henderson and Overton
11. Houston, East and West Texas
12. Houston and Texas Central
13. International and Great Northern
14. Longview and Sabine Valley
15. Missouri, Kansas and Texas [Missouri
16. Rio Grande
17. Texas and New Orleans „ . .
18. Texas and Pacific
19. Texas Transportation
20. Texas Western
21. Tyler Tap
Total Length . .
3,010.65
2,209.60
846 EAILEOAD MANUAL OF THE UNITED STATES.
COBPUS CHBISTI, SAN DIEGO AND EIO GKA^DE
EAILKOAD. (In Progress.)
Line of Road.— Corpus Christi, Tex., to Eagle Pass, Tex 200 miles.
Branch Hue : San Diego, Tex, to Laredo, Tex 80 "
Total length of all lines, as projected 280 miles.
In operation, January 1, 1878 : Corpus Christi, westward 25 "
April 80, " Corpus Christi to Preceuos 42 "
Sidings, 1.2 mile. Gauge, 3 feet. Bail, 30 Ibs.
This company was chartered in March, 1875, and the road opened to its present
terminus April 30, 1878. The company have a land grant from the State of 16 sec-
tions to the mile of completed road.
Rolling Stock. — Locomotive engine, 1. Cars of all kinds, 14.
. Operations for four months ending April 30, 1878, on 25 miles. — Train miles, etc.,
not reported. Earnings : from passengers, $2,292.25 ; from freight, etc., $5,782.13 —
total, $8,074.38. Operating expenses, $3,980.92 ; net earnings, $4,093.46, expended in
construction.
Financial Statement, May 1, 1878. — (42 miles.) — Capital stock, $73,333 ; float-
ing debt, 1st mortgage 8 per cent, bonds, dated July 1, 1877, due July 1, 1897,
$210,000; floating debt and notes, $37,500; proceeds of land grant, etc., $51,650;
other accounts, $7,349.46 — total, $379,832.46. Per contra : Construction, equipment,
etc., $376,581.31 ; materials, etc., $3,150.15. The authorized funded debt is $5, 000 per
mile of completed road. Estimated cost to completion, $2,250,000 ; or $7,000 per mile.
Directors (elected May 10, 1878),— P. Doddridge, M. Kenedy, J. S. McCampbell,
A. M. Davis, U. Lott, D. Hirsch, J. B. Mitchell, George French, J. S. Givens, Ed-
Buckley, and P. Hoffman, Corpus Christi, Tex. ; W. W. Wright, Banquette, Tex.;
and N. G. Collins, San Diego, Tex.
U. LOTT, President and Manager Corpus Christi, Tex.
P. Doddridge, Vice-President "
Treasurer— A. M. Davis Corpus Christi. | Secretary— J. B. Mitchell Corpus Christi.
PKINCIPAL OFFICE AND ADDRESS Corpus Christi, Tex.
DALLAS A^D WICHITA KAILBOAJD. (In Progress.)
Line of Road. — Dallas, Tex., to Wichita, Tex 160.0 miles.
In operation : Dallas to Trinity Mills, Tex 17.5 "
It is expected that the track will be laid to Denton, 38 miles, by June, and 60
miles by the close of 1878. The road has a land grant from the State of Texas of
10,240 acres per road-mile.
Rolling1 Stock. — Locomotive, 1, and cars, 8.
Operations. — Not reported.
Financial Statement, March 31, 1878.— Capital stock (authorized, $5,000,000 ;
subscribed, $400,000 ; and paid in), $220,000 ; funded debt, 1st mortgage land grant
RATLBOAD MANUAL OF THE UNITED STATES. 847
gold 7 per cent, bonds, dated June 5, 1877, and payable, interest semi-annually Jan-
uary and July, and principal June 5, 1897, $250,000 ; and floating debt, $18,000—
total stock, bonds and debt, $498,000. Cost of work to date, $234,000. Estimated
cost to completion, $10,000 per mile.
Directors (for 1878).— William H. Gaston, J. W. Calder, H. S. Erving, and C.
F. Stephens, Dallas, Tex. ; Ira Harris, Kansas City, Mo. ; G. W. Ervin and H. W.
Dougherty, Denton, Tex. ; M. Painter, Dallas, Tex.; and Silas Reed, Boston, Mass.
WILLIAM H. GASTON, President Dallas, Tex.
Treasurer J. W. Crowders. J Secretary Q. Shields. | Chief Engineer.. C. F. Stephens.
PRINCIPAL OFFICE AND ADDRESS Dallas, Tex.
DENISON AND. SOUTHEASTERN RAILROAD. (In Progress.)
Line of Road. — Denison, Tex., to Mineola, Tex 155.00 miles.
In operation : Denison to Choctaw River 8.25 "
This road is being rapidly constructed, and 25 miles have been opened since the
close of 1877. It will probably be completed to Greenville, 55 miles, within the cur-
rent year. No report of operations or financial condition furnished.
PRINCIPAL OFFICE AND ADDRESS Denison, Tex.
EAST LINE AND RED RIVER RAILROAD. (In Progress.)
Line of Road. — Jefferson, Tex., to Daingerfield, Tex 45 miles.
All information as to operations or financial condition refused.
PRINCIPAL OFFICE AND ADDRESS Jefferson, Texas.
GALVESTON, BRAZOS AND COLORADO RAILROAD.
(In Progress.)
Line of Road. — Galveston, Texas, to Colorado River 150 miles.
This company completed in September, 1876, a section of this line extending from
Galveston, Texas, west by south, 15.5 miles. It is of the 3-feet gauge. No informa-
tion as to operation or financial condition furnished. It is operated under lease.
DRENNAN, SULLIVAN & Co., Lessees Galveston, Texas.
PRINCIPAL OFFICE AND ADDRESS Galveston, Texas.
848
RAILROAD MANUAL OF THE UNITED STATES.
GALVESTON, HAEEISBUEG AND SAN ANTONIO KY.
Line of Road. — Harrisburg, Tex., to San Antonio, Tex 214.75 miles.
Sidings and other tracks, 13 miles. Gauge, 4 feet 8J inches. Rail, 56 to 60 Ibs.
The road was opened to San Antonio, March 1, 1877. The average length oper-
ated in 1877 was 209 miles. A branch to New Braunfels, 10 miles, is projected.
Rolling Stock. — Locomotive engines, 21. Cars — passenger, 17 ; baggage, mail,
etc., 5; caboose, 6; freight (box, 141; stock, 131; and platform, 161), 483 — total
revenue cars, 461. Also, 79 service cars.
Operations for year ending December 31,1877. — Trains run — passenger, 144,848;
freight, 219,050— total, 363,898 miles. Passengers carried (10 months), 42,194; car-
ried one mile, 3,709,517. Freight moved (10 months), 85,933^ tons ; moved one mile,
15,558,940 tons.
Earnings.
From Passengers $176,460 38
" Freight 820,10984
" Mail and Express 30,63378
Miscellaneous.... 25,36423
$1,052,568 23
Expenditures.
For Maintenance of Way $27,660 28
" Boiling Stock 121,380 93
" Transportation 169,30894
Miscellaneous 41,854 57
$360,204 72
Balance — net earnings (65.78 per cent.), $692,363.51. Payments from net earn-
ings— interest on funded debt, $136,055.19; interest and sinking fund to State of
Texas, interest on floating debt, and premium on gold, $233,161.86 ; taxes and other
payments, $17,585.02— total, $386,802.07. Credit balance at close of year, $305,561.44,
expended on construction.
General Balance, December 31, 1877.
Road and Appurtenances $8,665,392 15
Rolling Stock 787,388 24
Real Estate and Buildings 1,658,508 95
Bonds owned by Company 1,599,000 00
Materials, Fuel, etc. . 91,058 92
Bills Receivable and Accounts 282,171 92
Cash on Hand 26,828 37
Stock paid in $4,638,794 40
Represented by lands » 1 m 2Q5 60_SM50)0oo 00
and City Bonds.... J
Funded Debt 4,200,000 00
Bills Payable 1,248,635 56
Other Liabilities . . 770,038 90
School Fund, State of Texas 407,066 82
Current Accounts 34,607 27
$13,110,348 55 $13,119,348 55
The funded debt consists of 1st mortgage railway and land sinking fund 6 per
cent, gold bonds, dated February 1, 1871, and payable, interest semi-annually, Feb-
ruary 1 and August 1, and principal February 1, 1910. Of the $4,200,000 issued,
there are still on hand unsold, $1,399,000.
The mortgage covers the entire property, including about 1,500,000 acres of land,
and the franchises of the company. The proceeds of the sales of the subsidy lands
(16 sections per mile) go to the trustees, to be used in the purchase of bonds. The
bonds are further secured by a sinking fund of one per cent., to commence in
1880, and for which bonds are to be drawn annually thereafter.
The $1,399,000 bonds still on hand, and also $200,000 Bexar county bonds, are
held as assets against the floating debt.
RAILROAD MANUAL OF THE UNITED STATES.
849
The debt due the State school fund ($407,066.82) pays 6 per cent, interest and 2
per cent, sinking fund, in semi-annual instalments, May 1 and November 1. The
sinking fund will retire the whole amount in 1890.
The floating debt and credits applicable thereto stood, December 3}, 1877, as
follows :
Debit.
Bills Payable, including Notes of
$75,000 to T. W. Peirce $1,248,635 56
Other Liabilities, including
$206,393.85 due T. W. Peirce 774,038 90
Current Accounts 33,767 27
Coupons Outstanding 840 00
Total $2,053,281 73
Credit.
Bonds Unsold $1,399,000 00
Bexar County Bonds 200,00000
Notes Receivable, Cash and Balances
due from Station Agents and Con-
necting Roads 364,643 49
Total $1,963,64349
Balance, Net Floating Debt 89,438 24
Directors (elected July, 1877). — T. W. Peirce and Peter Butler, Boston, Mass. ;
Andrew Peirce, George F. Stone, and J. J. McComb, New York, N. Y. ; H. B.
Andrews, San Antonio, Texas ; and J. E. Fisher, Houston, Texas.
T. W. PEIRCE, President Boston, Mass.
H. B. Andrews, Vice-President San Antonio, Texas.
Treas. & Asst. Sec.— Chas. Bnbbige, Boston, Mass.
Sec. & Asst. Treas. — J. E. Fisher.. .Houston, Tex.
Superintendent — A. W. Dickenson.. " '
Chief Engineer— James Converse... "
Road Master (E. D.; — J. Doran . . .Columbus, '
Road Mast. (W.D.)— B.C. Norway,Schulenberg, '
Supt. of Bridges, etc.—N. F. Bell. .Columbus, '
Master of Mack. — J. G. Conlan.. .Harrisburg, Tex.
Master Car Builder — W. L. Allen,
Mast, of Trans. — E. G. Thompson, Columbus,
Gen. Ticket Agent— C. C. Gibbs.. ..Houston,
Asst. Gen. Tkt. AgL—T. W. Peirce, Jr., "
Gen. Frt. Agt.—C. C. Gibbs
Purchasing Agent— T. W. Peirce.... Boston, Mass.
PRINCIPAL OFFICE AND ADDRESS Houston, Texas.
Financial Agency and Transfer Office.. No. 58 Sears' Building, Boston, Mass.
GALYESTON, HOUSTON AND HENDEKSON RAILKOAD.
Line of Road. — Galveston, Tex., to Houston, Tex 50 miles.
Sidings and other tracks, 6 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
Chartered in 1848, and constructed in 1853-54. The original G., H. and H. R.
R. was sold December 1, 1871, and the purchasing bondholders reorganized with
the same name. The mortgage debt at date of sale was $5,750,000. In 1876, the
track gauge was changed from 5 feet 6 inches to 4 feet 8i inches, and the whole
road thoroughly repaired and the equipment enlarged.
Rolling Stock. — Locomotive engines, 17. Cars — passenger, 9 ; baggage, etc.,
6 ; freight (box, 149 ; stock, 28 ; platform, 79), 256 — total revenue cars, 271. Also,
11 service cars.
Operations for year ending December 31, 1877. — Passengers carried, 68,192;
carried one mile, 2,833,187. Freight moved, 160,342 tons; moved one mile, 7,657,-
001 tons. Gross earnings— passenger, $123,529.58; freight, $300,167.08; mail and
express, $19,530.21 ; miscellaneous, $9,748.26— total, $452,975.13. Operating ex-
penses, $274,294.99. Net earnings, $178,680.14. Interest on funded debt, $105,000 gold.
54
850 BAILROAD MANUAL OF THE UNITED STATES.
Operations for the six years ending December 31, 1877 :
1872.
1873.
1874.
1875.
1876.
1877.
Gross Earnings
$751,054 00
$716.365 19
$656.346 55
$554,417 29
$581,772 98
$452,975 13
Operating Expenses
385,037 24
467,285 66
400,971 44
337,789 23
279,356 35
274,294 99
Net Earnings
$366,016 76
$249,079 53
$255,375 11
$216,628 96
$309,416 63
$178,680 14
Earnings per Road Mile. ...
Expenses " "
$15,021 08
7,700 74
$14,327 30
9,345 71
$13,126 93
8,019 43
$11,088 34
6,755 76
$11,635 46
5,447 13
$9,059 50
5,485 89
Net Earnings per "
Proportion of Expenses —
$7.320 34
51.26 p. C.
$4,981 59
65.23 p. C.
$5,107 50
61.09 p. c.
$4,332 58
60.93 p. c.
$6,188 33
48.81 p. c.
$3,573 61
60.55 p. C.
General Balance, December 31, 1877.
Construction and Equipment $3,469,135 02
Real Estate and Buildings 10,775 85
Materials and Fuel.
Bills Receivable —
Current Accounts. .
7,858 54
4,481 47
60,519 34
$3,552,770 22
Capital Stock $1,000,000 00
Funded Debt 1,500,000 00
Bills Payable
94,143 08
Other Liabilities 217,051 49
Profit and Loss (Income) 741,575 65
$3,552,770 22
The funded debt consists of 1st mortgage 7 per cent. 30-year gold bonds, dated
January 1, 1872, and payable, interest January and July, and principal July 1, 1902.
The construction and equipment account was increased during the year by $324,-
726.30.
Directors (elected January 23, 1878). — John Sealy, J. H. Hutchings, N. B. Yard,
A. P. Lufkin, and E. S. Wood, Galveston, Tex. ; T. W. Peirce, Boston, Mass.; James
H. Baker, Houston, Tex. ; and H. M. Hoxie, R. S. Hayes, D. E. Smith, and Ira H.
Evans, Palestine, Tex.
JOHN SEALY, President Galveston, Tex.
H. M. Hoxie, Vice- President Palestine, Tex.
Treasurer J. H. Hutchings.
{secretary F. P. Killeen.
Master of Transportation J. H. Cromley.
Pass, and Freight Agent O. G. Murray.
Ro<id Master John Sheridan.
Superinten dent of Bridges John Hill.
Master Mechanic H. J. Small.
Purchasing Agent H. M. Hoxie.
PRINCIPAL OFFICE AND ADDRESS Galveston, Tex.
GULF, COLOEADO AND SANTA FE KAIL WAY.
Main Line. — Galveston, Tex., to Belton, Bell County 225 miles.
In operation : Galveston to Arcola 45 "
Sidings and other tracks, 2 miles. Gauge, 4 feet 8-J inches. Rail, 56 Ibs.
Chartered May 28, 1873. Grading commenced in May, 1875, and completed to
the Brazos River, 48 miles, and iron laid on 45 in 1876-77. The company have re-
cently opened five additional miles, and have completed an iron bridge of 450 feet
KAILROAD MANUAL OF THE UNITED STATES. 851
over the Brazos River. The company have made arrangements that it is believed
will secure the immediate construction of the entire line. They have a land grant
from the State of Texas of 16 sections, or 10,420 acres, per mile of road.
Boiling Stock. — Locomotive engines, 1. Cars — passenger, 2 ; and freight, 30 —
total, 32.
Financial Statement, June 1, 1878. — Capital stock authorized, $2,000,000 ;
paid in, $800,000. Local aid, in form of donations from counties, towns, and individ-
uals, $1,075,000. The company propose to issue 1st mortgage bonds, bearing 7 per
cent, interest in gold, at the rate of $10,000 per mile. Estimated cost of completed
line, $2,650,000.
Directors. — M. Kopperl, James Sorley, H. Rosenberg, R. S. Willis, J. E. Wal-
lis, C. B. Lee, Walter Gresham, W. S. Moody, Julius Runge, H. Kempner, C. W.
Hurley, H. Marwitz, and C. E. Richards.
M. KOPPERL, President Galveston, Tex.
James Sorley, Vice-President " "
Secretary C. C. Allen. | Treasurer R. J. John.
PRINCIPAL OFFICE AND ADDRESS Galveston, Tex.
GULF, WESTEEN TEXAS AND PACIFIC KAILKOAD.
Line of Road. — Indianola, Texas, to Cuero, Texas 68.8 miles.
Sidings and other tracks, 4 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
This road includes the old San Antonio and Mexican Gulf R. R., which was
opened from Port Lavacca and Indianola, some 25 miles, about 1862. That organiza-
tion failed, and the extension to Cuero was completed March 3, 1873. The project in-
cluded a further extension to Gonzales, and ultimately to Austin City, with several
branches. In September, 1876, all operations ceased. The road was sold, subject
to a mortgage debt of $1,200,000, April 3, 1877, for the sum of $100,000.
Boiling Stock, March 31, 1875. — Locomotive engines, 5. Passenger cars, 3 ;
baggage, mail and express, 2 ; and freight, 66 — total revenue cars, 71.
Operations for the year ending March 31, 1875.— Freight moved, 35,229 tons ;
moved one mile, 2,299,889 tons. Gross earnings— passenger, $18,784.05 ; freight,
$140,510.41 ; mails and express, $3,490.83 ; and miscellaneous, $1,669.04 — total,
$164,454.33. Operating expenses, including taxes, etc., $122,712.60. Net earnings,
$41,741.73. All later information refused.
Financial Statement, March 31, 1875.— Capital stock, $1,054,600 ; and funded
debt, 1st mortgage 7 per cent. 30-year gold bonds, dated January 1, 1872, $1,386,000—
total stock and bonds, $2,440,600. Cost of construction to date, $1,919,727.08.
HENRY SHEPPARD, President and Superintendent. .Indianola, Tex.
Fletcher S. Stockdale, Vice- President and Counselor. " "
Secretary and Treasurer M. D. Monserrate. I Road Master Joseph A. Frink.
General Tkt. and t'rt. Ag*.nt.. . .H. H. Woodward. | Master Mechanic James Mooney.
PRINCIPAL OFFICE AND ADDRESS Indianola, Tex.
852 BAILROAD MANUAL OF THE UNITED STATES.
HENDERSON AND OYERTON RAILROAD.
Line of Road. — Henderson, Texas, to Overton. Texas 15 miles.
Sidings and other tracks, 1 mile. Gauge, 4 feet 8| inches. Rail, 50 Ibs.
Completed and opened for traffic May 8, 1877. At Overton it connects with the
International and Great Northern.
Rolling Stock. — Locomotive engine, 1. Cars — passenger, 1 ; freight (box, 2 ;
platform, 3), 5 — total cars, 6.
Operations for the year ending April 30, 1878. — Gross earnings, $20,508.88 ; and
operating expenses, $16,196.67 ; net earnings, $4,312.21. Interest, January 1, 1878,
$3,150.
Financial Statement. — Capital stock issued and paid up, $90,000 ; and 1st mort-
gage 7 per cent. 20-year bonds, dated July 1, 1877, $90,000 — total, representing cost of
property, $180,000.
Directors (elected May 6, 1878).— O. H. P. Piper, Memphis, Tenn.; W. Flanagan,
W. S. Moss, R. Redwine, A. B. Collins, R. W. Oliver, B. S. Wathen, Henderson, Tex.
WEBSTER FLANAGAN, President Henderson, Tex.
W. S. Moss, Vice-President
Treasurer A. B. Collins. \ Siipt. and Sec B. S. Wathen.
PRINCIPAL OFFICE AND ADDRESS Henderson, Tex.
HOUSTON, EAST AND WEST TEXAS KY. (In Progress.)
Line of Road. — Houston, Tex., to San Jacinto Springs, Tex 35 miles.
Sidings and other tracks, 1.75 miles. Gauge, 3 feet. Rail, 30 Ibs.
Chartered March 11, 1875. Construction commenced November 14, 1876, and the
road was opened to the San Jacinto River, 20 miles, October 1, 1877, and to the pres-
ent terminus (in the Timber Belt), 35 miles, by the close of the year. It is proposed
to have 15 miles additional completed by May 1, 1878. The company have a land
grant from the State of 16 sections (10,240 acres) per mile of road completed and
equipped. The eastern terminus will be either Marshall, Tex., or Shreveport, La.
No work has been done on the line west of Houston.
Rolling1 Stock. — Locomotive engines, 2. Cars — passenger, 2; freight, 41; service, 7.
Operations. — A mixed train is run each way daily, earnings from $100 to $150
a day. Lumber is as yet the principal freight.
Financial Statement.— Capital stock, $260,000; floating debt, $13,615.15— total,
$273.615.75, representing cost of road.
PAUL BREMOND, President and Superintendent. . . .Houston, Texas.
Abrain Groesbeck, Vice- President "
Treasurer J. A. Dozier. | Secretary Sam. C. Timpeon. | Financial Agent — J. W. Stewart.
PRINCIPAL OFFICE AND ADDRESS. . Houston, Texas.
RAILROAD MANUAL OF THE UNITED STATES.
853
HOUSTON AND TEXAS CENTRAL RAILROAD.
Line of Road. — Houston, Texas, to Red River City, Texas 343 miles.
Brandies • -i Hemsptead, Texas, to Austin, Texas 115
( Bremond, Texas, to Waco and Extension, Texas 58 — 173 "
Total length of all lines owned and operated by company 516 miles.
Sidings and* other tracks, 35 miles. Gauge, 4 feet 8-J- inches. Rail, 56 Ibs.
Chartered March 11, 1848. Opened to Hempstead, 50 miles, in 1865 ; to Millican,
80 miles, in 18u6 ; to Bryan, 99 miles, in 1867 ; to Calvert, 128 miles, in 1868 ; to Bre-
,mond, 142 miles, in 188!) ; to Groesbeck, 170 miles, in 1870; to Corsicana, 211 miles,
in 1871 ; and to the Red River and a connection with the Missouri, Kansas and Texas,
March 11, 1873. During the present year, the road has been extended 10 miles be-
yond Waco — making the total length, April 30, 1878, 516 miles.
The Austin Branch or Western Division was built under the charter of the Wash-
ington County R. R. Co., which opened the road from Hempstead to Brenharn, 21
miles, in 1866, when construction was assumed by the Houston and Texas Central R.
R. Co., and the line continued by them to Burton, 34 miles, in 1869 ; to Ledbetter, 46
miles, in 1870 ; and to Austin, 115 miles, in 1871. The Waco Branch (W. and N. W.
R. R.) was opened to the present terminus in 1877, and is now being continued north-
westerly. The road was originally of 5 feet 6 inches gauge ; within the past two
years the standard, or 4 feet 8£ inches gauge, has been adopted. The company have
a land grant from the State of Texas, covering 16 sections, for every mile of road
constructed and equipped.
Rolling Stock. — Locomotive engines, 65. Revenue cars — passenger, 40; baggage,
mail, and express, 21 ; and freight, 1,296 ; viz. : box, 668 ; caboose, 28 ; live stock, 64 ;
conductors', 11 ; platform, 412 ; and coal, 54 — total of all revenue cars, 1,357. Service
cars, 80.
Operations for year ending December 31, 1876. — Trains run — passenger, 481,165 ;
freight, 646,745, and service, 405,847 — total, 1,533,757 miles. Passengers carried,
264,462. Freight moved, 370,314 tons.
Earnings.
From Passengers $747,721 66
" Freight 2,297,05025
" Mail and Express 105,226 74
Miscellaneous 12,51957
$3,162,518 22
Expenditures.
Operating Expenses $1,885,196 89
Balance— net Earnings 1,277,321 33
$3,162,518 22
Disposition of net earnings not reported. The fiscal year ends April 30, and the
company decline to furnish any later statement.
The earnings for the year ending April 30, 1873, were $3,286,817.82; 1876,
$3,156,518,22.
The statements for years prior to 1873 are imperfect, and no statements have
been made for the years between 1873 and 1876.
Financial Statement, May 1, 1876.— Capital stock, $800,000; and funded debt,
$12,336,000. The company decline to furnish a balance sheet.
854: RAILROAD MANUAL OF THE UNITED STATES.
Statement of funded debt in detail :
Classes of Bonds.
Date of
Issue.
2
3
Interest
Pay-
able.
Date of
Maturity.
Amount
Author-
ized.
Amount
Out-
standing.
Annual
Inter-
est.
July 1, 1866.
Dec. 20 1870.
July 1, 1873.
Oct. 1, 1872.
May 1, 1875.
May 7, 1877.
Annual Inte
v
v
7
o
8
7
rest
J. & J.
11 U
(( (I
A. & 0.
M. &N.
M. &N.
July 1, 1891.
U 14
July 1, 1903.
Oct 1, 1912.
May 1, 1915.
May 1, 1877.
$6.896,000
2,375,000
940,000
4,784.000
470,000
2,500,000
$6,227,000
2,305,000
940,000
2,864,000
$435,890
161,350
65,800
229,120
let " Western Division. .. .
1st " Waco and N. Wtn
" " W. &N. W..
Income and Indemnity
1,359,500
95,165
$987,325
Total Amount of Bonds and
$17,965,000
$13,795,500
The State subsidy in land granted to the company amounts to 16 sections of 640
acres, or 10,240 acres per mile of completed and equipped road. Of this land grant
the consolidated mortgage covers 10 sections, or 6,400 acres per mile. The issue of
bonds is limited to $20,000 per mile. They are also a second mortgage on all the
property and franchises of the company, and are further secured by a sinking fund
of 2 per cent, per annum. The proceeds of sales of the lands cannot be diverted to
any other purpose until the bonds are fully paid off. Trustees — Shepherd Knapp
and W. Walter Phelps, New York City.
Directors (elected May 5, 1878). — Charles A. Whitney and A. C. Hutchinson,
New Orleans, La. ; George%Jordan, E. W. Cave, A. S. Richardson) and A. Groesbeck,
Houston, Texas ; John J. Cisco, New York City ; and Charles Fowler, Galveston,
Texas.
CHARLES A. WHITNEY, President New Orleans, La.
George Jordan, Vice-President and Gen. Manager.. Houston, Texas.
Secretary A. S. Richardson.
Treasurer. . . E. W. Cave.
General Superintendent A. H. Swanson.
Chief Engineer M. G. Howe.
Freight and Ticket Agent J. Waldo.
Purchasing Agt.—W.WL. Rice New York City.
PRINCIPAL OFFICE AND ADDRESS Houston, Tex.
Fiscal Agency and Transfer Office No. 52 Wall Street, New York City.
INTEKNATIONAL AND GKEAT NOKTHEKN KAILEOAD.
Line of Road.- <Lon£view> Tex- to Houston, Tex.
(Palestine, Tex., to Austin City, T<
236.00 miles.
Tex 181.00 "
/ Troupe, Tex., to Mineola, Tex ... 44.80
Branches : •! Phelps, Tex., to Hunts ville, Tex 8.00
( Houston, Tex., to Columbia, Tex 50.00—102.30 "
Total length of main and branch lines owned by company. 519.30 miles.
Sidings and other tracks, 34.80 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
Consolidation (September 27, 1873) of the Houston and Great Northern and the
International Railroad Companies.
The Houston and Great Northern R. R. Co. was chartered October 22, 1866. The
main line from Houston to Trinity River, 86 miles, was completed in 1871, and to Pa-
RAILROAD MANUAL OF THE UNITED STATES.
855
lestine, 151 miles, in 1872. The Branch to Huntsville, chartered April 4, 1871, was
completed in 1872. The line from Houston to Columbia, 50 miles, was chartered as
the Houston Tap and Brazoria R. R., September 1, 1856, and completed from Houston
to Columbia in 1860. In 1871 it wag purchased by and consolidated in the H. and Gt.
Northern R. R. Co.
The International R. R. Co. was chartered August 17, 1870. Construction was
commenced January 1, 1871, at Hearne, on the Houston and Texas Central, and the
road completed in May, to the Trinity River, 78 miles, and in December, 1872, to
Longview, 141 miles.
These two companies, under a contract signed February 19, 1872, operated their
roads as one, and completed, September 22, 1873, a consolidation of all their interests.
The International line was opened from Hearne to Rockdale, 30 miles, in January,
1874, and the Mineola Branch of the Houston and Great Northern from Troupe to
Mineola, 44^ miles, in April, 1874. The International line was carried from Rockdale
to Austin City, 61 miles, by the close of 1876.
The capital stock of the separate companies as existing at the date of consolida-
tion was exchanged at par for consolidated stock, and by Act of May 8, 1873, the capi-
tal stock of the International and Great Northern was fixed at $25,000,000. The State
of Texas had granted subsidies of land to the H. & G. N., and of bonds to the Interna-
tional, to the extent of $10,000 per mile of road. By a subsequent Act of the Legis-
lature, the bond subsidy was substituted by a land grant, with freedom from taxation
for 25 years. The lands inuring to the company, and on the road already completed,
are about 5,300,000 acres, and have been sold to the Texas Land Company, in which
the I. and G. N. R. R. Co. own 8,000 of the 10,000 shares issued.
At the date of the consolidation the road was incomplete. The bondholders funded
their coupons becoming due — on the 1st mortgages four coupons, and on the other
bonds eight coupons, thus enabling the company to complete the road to present
extent. The deferred coupons were funded in 7 per cent, gold bonds, which are
preferred and take rank before all other bonds. The interest on these has been
regularly paid to date. On April 1, 1878, a Receiver was appointed at the suit of
the 2d mortgage trustees.
Rolling1 Stock. — Locomotive engines, 40. Cars — passenger, 23 ; baggage, mail,
etc., 11; freight (box, 293; stock, 103; platform, 308), 704— total, 738. Also, 28
service cars.
Operations for year ending December 31, 1877. — Trains run — passenger, 303,-
828 ; and freight, 513,591— total, 817,419 miles. Passengers carried, 127,986 ; carried
one mile, 9,008,250. Freight moved, 221,944 tons ; moved one mile, 35,909,691 tons.
Earnings.
From Passengers $347,866 35
" Freight 1,130,989 46
" Mail and Express 67,14956
Miscellaneous 14,450 21
$1,560,455 58
Expenditures.
For Maintenance of Way $349,526 31
" RollingStock 333,24527
" Transportation 334,79084
Miscellaneous 86,644 72
$1,094,207 14
Balance— net earnings (29.88 per cent.), $466,248.44. Payments — rental and
hire of rolling stock, $12,579.24; interest on coupon certificates, $67,491.20; on
other accounts, $442,423.79. Deficit in revenue, $56,245.79.
856
RAILROAD MANUAL OF THE UNITED STATES.
Abstract of operations, earnings, etc., for five years :
1873.
1874.
1875.
1876.
1877.
Average Miles Operated
384.50
446.50
459.25
459.25
519.30
194051
289,597
235.703
213,258
303,828
Freight " "
260, K98
423,665
379.433
441,191
513,591
Passengers Carried
74,782
95,820
96,877
111,127
127 986
Freight (Tons) Moved
113,392
163,738
177,811
201,249
221,944
Gross Earnings
I
1,156,552 36
#
1,572,388 07
$
1,408.303 15
$
1,453,996 39
$
1,560,455 58
575 619 70
824 919 49
792,339 80
862,124 27
1, 094,207 14
Earnings, less Expenses
580,932 66
747,468 58
615,963 29
591,872 12
466,248 44
Payments from Earnings:
414,715 49
804.652 90
699,350 00
82,716 55
67,491 20
All other Expenditures
137859 15
90,601 7]
682,623 06
548,a30 83
455,003 03
Surplus — Balance to Credit of Income. .
28 358 02
Deficit — Balance to Debit of Income ....
147,786 03
766,009 77
39,175 25
56,245 79
Gross Earnings per Mile
3,007 94
3.521 58
3,066 52
3,166 02
3,004 92
Operating Expenses per Mile
1,497 06
1,847 52
1,725 28
1,877 24
2,107 08
Net Earnings per Mile
1,510 88
1,674 06
1,341 24
1,288 78
897 84
Proportion of Expenses
49.77 p. c.
52.46 p. c.
56.26 p. c.
59.29 p. c.
70.12 p.c.
General Balance, December 31, 1877.
Railroad $16,990,36524 I Capital Stock $5,500,00000
Equipment 1,479,394 12— $18,469,759 36 1st Mortgage Bonds $7,348,000
Stocks and Bonds 1,275,74583 2d " " 2,052,000
Other Property and Assets 274,708 36 j Conv. Bonds 2,907,000— 12,307,000 00
Materials and Fuel 75,632 20 j Coupons Past Due and Funded 2,787,620 00
Cash and Cash Items .
56,129 86
Profit and Loss 1,324,143 97
$21,476,119 58
Bills Payable...
Other Liabilities.
531,989 25
349,512 33
$21,476,119 58
Abstract of general balances for five years :
1873.
1874.
1875.
1876.
1877.
Miles of Road Open
414.50
459 30
459 30
519.30
519.30
Capital Stock (shares, $100). . .
Funded Debt
$
5,500,000 00
10,401,000 00
$
5,000,000 00
11,435,000 00
$
5,000,000 00
12,164,000 00
$
5,500,000 00
12,307,000 00
$
5,500,000 00
12,307,000 00
" Coupons
868,745 00
1,876,540 00
2,787,620 00
Bills Payable
576,465 34
822,314 06
328,789 56
733,584 65
Ml, 989 25
Other Liabilities
3,239,881 43
931,496 20
545,762 90
386,492 68
349,512 33
Total Liabilities . • .
19.717,346 77
18,688,810 26
19,407,297 46
20,803,617 33
21,476,119 58
Construction and Equipment..
Stocks and Bonds
16,696,376 62
380,745 83
17,303,651 77
830,927 87
17,445,330 47
1,306.745 83
18,411,427 03
1,285,745 83
18,469.759 36
1,275,745 83
Material and Fuel . ...
254,862 48
126,274 74
130,817 91
132,279 95
75,632 20
Other Assets
2,310,633 82
292.317 23
157,492 00
298,103 08
274,708 3S
Cash on Hand
74,728 02
16,210 64
42,124 78
33,244 63
56,129 86
Profit and Loss ...
119,428 01
324,786 47
642,816 81
1,324,143 97
Total Property and Assets.
19,717,346 77
18,688,810 26
19,407,297 46
20,803,617 33
21,476,119 58
RAILROAD MANUAL OF THE UNITED STATES.
857
Statement of funded debt in detail, December 31, 1877 :
Classes of Bonds.
Date of
Bonds.
d
d
8
3
Interest
Payable.
Principal
Payable.
Amount
Authorized.
Amount
Out-
standing.
Annual
Charge.
1st Mort. ant. R.R.) gold.
lstM.(H.&G.N.R.R.) "
2d Mort. (Intern. R. R.I..
2d Mort. H. & G. N. R.R.)
April 1, 1871.
Feb. 15, 1872.
Aug. 1, 1872.
Aug. 1, 1872.
Jan. 15, 1874.
Jan. 15, 1874.
7 April and Oct.
7 Jan. and July.
8 Feb. and Aug.
8 Feb. and Aug.
8 Feb. and Aug.
8 Feb. and Aug.
April 1, 1911.
Jan. 1, 1900.
Feb. 1, 1904.
Feb. 1, 1904.
Aug. 1, 1892.
Aug. 1, 1892.
$16,000 p. m.
16,000
12,000
12,000
10,000
10,000
$3,264,000
4,084,000
669,1100
1,383.000
1,625,000
1,282,000
$228,480
285,880
53,520
110,640
130,000
102,560
Convert. (Intent. R.R.)..
Convert. (H. & G. N.R.R.)
Total amount of bonds afloat, $12,307,000 ; annual interest, $911,080.
The coupon certificates issued for coupons deferred are dated April 1, 1875, bear
7 per cent, gold interest, and are payable 10 years after date. Amount, December 31,
1877, $2,787,620 ; annual interest, $195,133.40.
Convertible bonds may be exchanged for stock at the owner's option after the
first three and within five years from date. The 2d mortgage covers these bonds ;
and 2d mortgage bonds may be issued in exchange for them.
Directors (elected April 3, 1878).— Samuel Sloan, Moses Taylor, T. W. Pearsall,
and John S. Barnes, New York, N. Y. ; R. S. Hayes, H. M. Hoxie, D. S. H. Smith, and
Ira H. Evans, Palestine, Tex. ; and James A. Baker, Houston, Tex.
SAMUEL SLOAN, President New York City.
R. S. Hayes, Vice- President and Receiver Palestine, Tex.
Master of Machinery — R. B. Small.. Palestine, Tex.
Mas. of Transpor.—O. H. Dorrance. " "
Gen. *Tkt. Agent -3. H. Page " "
Gen. Frt. Agent -Allen McCoy
Transfer AgL — Jacob S. Wetmore, New York.N.Y.
Treasurer— -D. S. H. Smith Palestine, Tex.
Anst. Treas.— Jacob S. Wetmore, New York, N. Y.
Secretary— Ira H. Evans Palestine, Tex.
Accountant— Geo. J. Pollock
Gen. Superintendent— H.. M. Hoxie. " "
PRINCIPAL OFFICE AND ADDRESS Palestine, Tex.
Fiscal Agency and Transfer Office. .No. 26 Exchange Place, New York City.
LONGVIEW AND SABINE YALLEY K. K. (In Progress.)
Line of Road. — Longview, Tex., to Sabine Pass 220 miles.
In operation : Longview toward Sabine River 4 "
Gauge 3 feet. Rail, 30 Ibs.
About 12 miles are now graded, and it is proposed to complete this construction
at once.
BRAD. EARNER, President Longview, Texas.
Vice-President George D. Harrison. | Treasurer Eli Barn.
PRINCIPAL OFFICE AND ADDRESS Longview, Texas.
KIO GKANDE EAILEOAD.
Line of Road. — Brownsville, Tex., to Point Isabel, Tex 22 miles.
Sidings, etc., 1 mile. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
858 BAILKOAD MANUAL OF THE UNITED STATES.
This road was opened in 1876. No report of operations or financial condition is
furnished. It is in the hands of a Receiver.
F. SAN ROMAN, President Brownsville, Texas.
M. J. Gomila, Receiver "
Secretary— W. A. Vails Brownsville, Tex. | Treasurer— E. Armendaiz Brownsville, Tex.
PRINCIPAL OFFICE AND ADDRESS ... Brownsville, Texas.
TEXAS AND NEW ORLEANS EAILEOAD (of 1874).
Line of Road. — Houston, Tex., to Orange, Tex 108 miles.
Sidings and other tracks, 5.4 miles. Gauge, 4 feet 8| inches. Rail, 54 Ibs.
Reorganization in 1874 of the Texas and New Orleans Railroad, which was opened
in 1860-61, and afterward worn out and disused. The new company rebuilt the road
and opened it for traffic August 1, 1876. Regular traffic commenced December 31,
1876, and from this date the accounts commence.
Rolling Stock. — Locomotive engines, 4. Cars — passenger, mail, etc., 2; and
freight — box, 25 ; and platform, 280— total cars, 307.
Operations for the 16 months ending March 31, 1878. — Trains run, 71,340 miles.
Earnings— passenger, $31,599.81; freight, $163,272.13; mail and express, $5,291.19;
miscellaneous, $6,938.29 — total, $207,101.42. Operating expenses — way and struc-
tures, $34,843.18 ; rolling stock, $31,422.13; transportation, $45,065.57; and general,
including taxes, $31,173.27— total, $142,504.15. Net earnings, $64,607.27.
Financial Statement. — Capital stock, $3,000,000 ; funded debt, 1st mortgage 7
per cent. 30-year bonds, dated August 1, 1875 (authorized $20,000 per mile), $1,095,-
000; bills payable, $120,000 ; State school fund, 6 per cent., $560,000; and accounts,
$10,438.55— total liabilities, $4,225,438.55. The company had on hand, March 31,
1878, unsold bonds, $525,000, and cash, $3,409.91.
Directors (elected January 7, 1878).— John T. Terry, New York City ; H. K. Shel-
don, Brooklyn, N. Y. ; T. W. Peirce, Boston, Mass. ; and E. P. Hill, T. W. House,
E. W. Taylor, and J. F. Crosby, Houston, Texas.
JOHN T. TERRY, President New York, N. Y.
J. F. Crosby, Vice-President Houston, Tex.
Treasurer— T. W. House Houston, Tex.
Secretary— D. F. Merritt New York, N. Y.
Gen. St/pt.—C. A. Burlon Houston, Tex.
Chief Engineer, etc.—C. C. Barr Houston, Tex.
Freight Agent— W. H. Masters "
Transfer Agent— D. P. Merritt. ..New York, N. Y.
PRINCIPAL OFFICE AND ADDRESS Houston, Tex.
Fiscal Agency and Transfer Office. .No. 54 Exchange Place, New York, N. Y.
TEXAS AND PACIFIC EAILWAY.
Main Line.— Marshall, Tex., to Fort Worth, Tex 179.73 m.
Shreveport Division.— Marshall, Tex., to Shreveport, La 39.96
Jefferson Division.— Marshall, Tex., to Texarkana Junction, Tex.. . 69.05
Transcontinental Division. — Texarkana, Ark. Line, to Sherman, Tex. 155.12— 264.13 "
Total length of line in operation, May 31, 1877 443.86 m.
Sidings, etc., 36.94 miles. Gauge, 4 feet 82 inches. Rail, 56 Ibs.
RAILROAD MANUAL OF THE UNITED STATES. 859
The Texas and Pacific Railway Company was organized under the Act of Con-
gress of March 3, 1871, and the general railroad laws of Texas. The first Board of
Directors was elected in May, 1871. The company was chartered to construct a rail-
way from Marshall, Tex., via El Paso, to San Diego, Cal., about 1,600 miles, with
one branch from Marshall, Tex., to New Orleans, La., and another from a point 100
miles east from San Diego to a connection with the Southern Pacific Railroad of
California.
This company acquired by purchase and consolidation the properties and fran-
chises of the Southern Pacific, the Southern Transcontinental, and the Memphis,
El Paso and Pacific R. R. Cos.
The Southern Pacific R. R. Co. was a consolidation, in 1868, of the Vicksburg,
Shreveport and Texas R. R. Co., chartered in Louisiana, and the Southern Pacific R.
R. Co., organized under the general railroad laws of Texas. The line in Louisiana
(20 m.) was built by the V., S. and T. R. R. Co. ; that from the Louisiana boundary
to Marshall, Tex. (20 m.), by the Southern R. R. Co., and thence to Longview (24 m.)
by the consolidated company. The Southern Transcontinental R. R. Co. was
chartered to construct a railway from Texarkana in a generally westerly line to the
Rio Grande, about 800 miles. The Memphis, El Paso and Pacific R. R. Co., on the
same general line, was chartered by Texas, and was purchased chiefly to secure the
land grant to which that company was entitled. These purchases were all made
within the year following the organization of the existing company.
Supplemental Acts of Congress were passed in 1872-73 and '74, granting to the
company additional powers and franchises. The Act of May 2, 1872, requires that
100 consecutive miles from Marshall shall be completed within two years, and that
not less than 100 miles a year shall be built, and the whole line within 10 years from
date ; also, that work shall be commenced at San Diego within one year, and that
not less than 10 miles shall be in operation within two years ; and not less than.
25 miles additional yearly thenceafter. The road has been built as follows :
on Main Line : Longview to Dallas (124 m.) in 1873 ; Dallas to Eagle Ford (7 m.)
in 1874, and Eagle Ford to Fort Worth (26 m.) in 1876: on Jefferson Division:
Marshall to Texarkana Junction (69 m.) in 1875, and, on Transcontinental Division:
Sherman to Brookston (56 m.) in 1873; Brookston to Paris (9 m.) in 1875, and Paris
to Texarkana (90 m.) in 1876. The total claim on construction is 4,816,545 acres, and
of these lands 3,148,756 acres had been located up to May 31, 1877.
The Congressional land grants, under the laws of March 3, 1871, and January
22, 1874, amount to 20 sections per mile in California, and 40 sections in the Terri-
tories lying between the States of California and Texas. The official estimate of
these grants is 18,000,000 acres. No Congressional lands have yet been certified.
Since the close of the last fiscal year (May 31, 1877), arrangements have been com-
pleted to extend the main line from Fort Worth to Weathersfield, about 30 miles.
Rolling1 Stock. — Locomotive engines, 50. Cars — passenger (1st cl., 14; 2d cl.
14 ; combination, 3), 31 ; baggage, mail, and express, 11 ; freight (box, 494 ; stock,
171 ; caboose, 28 ; platform, 305), 998 — total revenue cars, 1,040. Also, 10 service cars.
Operations for year ending May 31, 1877. — (Average, 414.75 miles). — Trains run —
passenger, 361,612 ; freight, 740,863 ; other, 342,735— total, 1,445,210 miles. Passen-
gers carried: through (east, 16,719, and west, 35,480), 52,199 ; local (east, 83,172, and
west, 84,732), 167,904— total, 220,103 ; carried one mile, 13,886,499. Freight moved :
through (east, 48,097, and west, 47,735), 95,832 ; local (east, 87,396, and west, 172,561),
259,957— total, 355,789 tons.
860
RAILROAD MANUAL OF THE UNITED STATES.
Earnings.
From Passengers $524,198 47
" Freight. : 1,449,988 48
" Mail and Express 50,88435
Miscellaneous... 18,38200
Expenditures.
For Maintenance of Way $425,047 18
" RollingStock 441,13471
" Transportation 435,79000
Miscellaneous 50,474 07
$2,043,453 30 $1,352,445 96
Balance, net earnings, $691,007.34. Payments — for legal expenses, $9,392.88 ;
general office expenses, $41,053.96; insurance, $8,685.13; and taxes, $56,121.63 —
aggregating $115,253.60. Net revenue, $575,753.74. Interest on 1st mortgage bonds,
$117,962 ; on consolidated bonds, $415,530 ; and on floating debt, $24,375.69 ; and
premium on gold and exchange, $37,424.20— total, $595,291.89. Deficit, $19,538.15.
Abstract of operations, etc., for five years :
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
Railroad— Average Miles —
Train Miles
65#
182,886
206
320
739,287
98,059
4,782,313
88,345
7,449.950
$
326,832 62
729,866 23
126,614 48
325
873,188
152,080
10,11(1,024
254,288
28,006,763
$
397,426 82
1,113,043 70
54,154 46
414%
1,120,303
220,103
13,886,499
355,789
43,369,881
$
524,198 47
1,449,988 48
69,266 35
Passengers Carried
" " 1 mile
Freight (Tons)
Freight Miles
Passenger Earnings
$
$
269,4,^8 86
572,453 13
30,039 63
Mail, Express, etc
Total Earnings
303,221 27
224,862 32
871,981 62
690,732 42
1,183,313 33
789,803 85
1,564,624 98
891, $82 02
2,043,453 30
1,352,445 96
Operating Expenses
Net Earnings..
78,358 95
4,629 33
3,443 01
1,186 32
74.38 p. c.
181,249 20
4,232 92
3,353 07
879 85
79.21 p..c.
393,509 48
3,697 85
2,4«6 34
1,221 51
66.74 p. c.
672,742 96
4,814 23
2,744 25
2,069 98
57.01 p. c.
691,007 34
4,926 95
3,260 87
1,666 08
66.18 p. c.
Earnings per Mile
Operating Expenses per Mile
Net Earnings per Mile
Prop. Operating Expenses...
Bal. from previous year
Gross Earnings ....
Profit
1875-76
$454,406
1,564,624
and Loss Accc
1876-77.
12 $338,523 17
98 2,043,453 30
>untfor Two Tears.
Interest on B'ds & Debt
Legal Expenses
1875-76.
$614,150 37
35,029 70
41,004 94
8,690 07
26,610 87
63,139 96
1876-77.
$557,867 69
9,392 83
41,053 96
8,685 13
37,424 20
56,121 63
Operating Expenses . . .
Disposable Balance . . . .
Disbursed
Genera] Office Expenses
Insurance
$2,019,031
$891,882
10
02
$2,381,976
$1,352,445
47
96
Prem. on Gold and Exc.
Taxes .
$1,127,149
788,625
08
91
$1,029,530
710,545
51
49
Total Disbursements...
$788,625
91
$710,545
49
Balance— Surplus $338,52317 $318,98502 Balance to New Account $338,52317 $318,98502
General Balance, May 31, 1877.
Construction Account $26,347,263 65
Materials on Hand 190,372 78
Stocks and Bonds 275,600 00
1st Mortgage ($8,000 p. m.) Bonds. . . 289,000 00
Consolidated ($17,000 p. m.) Bonds. . . 105,000 00
Land and Real Estate Expenditures. 245,532 63
Bills Receivable, etc 100,763 04
Cash on Hand . . ... 28,472 22
Total $27,609,004 32
Capital Stock... $7,483,40000
Funded and Fundable Debt 18,439.805 00
Taxes School-Fund Loan 192,970 20
Bond and Interest Scrip 96,091 18
Town Lots and Assets Sold 260,823 35
BillsPayable 275,74304
Current Balances 541,186 53
Surplus Income 818,985 00
Total $27,609,004
RAILROAD MANUAL OF THE UNITED STATES.
861
Statement of funded debt in detail, May 31, 1877 :
Classes of Bonds.
Kate.
Interest
Payable.
Principal
Payable.
Amount
Outstand-
ing.
Annual
Charges.
1st Mort., gold ($8,000 p. m.), cpn., 1875 ....
Consol. Mort., gold ($17,000 p. m.), cpn., 1875..
Inc.& Land (7,600,000 acr.) Mort., cur. rt-g.,1875.
6p.c.
6 ••
7 "
Mar. & Sept.
June & Dec.
July.
Mar. 1, 1905.
June 1, 1905.
Jan. 1,1915.
$3,552,000
7,548,000
7,339,805
$213,120
452,880
513,786
Total Bonds and Interest
$18,439,805
$1,179,786
The amount of income and land mortgage ($7,339,805) includes old land bonds
outstanding, $1,561,000, and coupons of said bonds, $245,805, to be funded in the
new bonds, the exchange not having been effected May 31, 1877.
A history of the funded debt of 1873 will be found in the MANUAL for 1877-78,
pp. 346 and 347.
Directors (elected August 14, 1877).— Thomas A. Scott, F. S. Bond, W. W. Keefer,
R. D. Barclay, H. H. Houston, and W. S. McManus, Pennsylvania; M. 0. Roberts,
H. G. Stebbins, New York ; Wm. Thaw, Pittsburg, Pa. ; W. T. Walters, Maryland,
John C. Brown, Tennessee ; A. Gaither, Ohio ; W. C. Hall, Kentucky ; T. D. Ne
smith, California ; and W. M. Harrison, Texas.
THOMAS A, SCOTT, President Philadelphia, Pa.
Frank S. Bond, Vice- President " "
John C. Brown Marshall, Tex.
Treasurer— Geo. D. Krumbhaar. .Philadelphia, Pa, | Secretary— C. E. Satterlee Philadelphia, Pa.
[Local Officials Marshall, Tex.]
General Superin tendent George Noble.
Auditor T. D. Maurer.
Chief Engineer G. M. Dodge.
Solicitor... .. .J.D.Davis.
Gen, Pass, and Ticket Agt..H. W. Thompson, Jr.
Gen. Freight Agent W. H. Newman.
Cashier Herman Kutz.
Land Commissioner W. H. Abrams.
GENERAL OFFICES Marshall, Tex.
Executive Office No. 275 South Fourth St., Philadelphia, Pa.
New York Transfer Office No. 50 Exchange Place, N. Y. City.
TEXAS TRANSPORTATION KAILEOAD.
Line of Road. — Houston, Tex., to Clinton, Tex 8 miles.
Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
This line was opened late in 1876. It is intended to be run in connection with
improvements of Buffalo Bayou.
THOMAS W. HOUSE, President Houston, Tex.
PRINCIPAL OFFICE AND ADDRESS Houston, Tex.
862 RAILROAD MANUAL OF THE UNITED STATES.
TEXAS WESTEKN BAILROAD.
Line of Road. — Houston, Tex., to Pattison, Tex 41 miles.
Gauge, 3 feet. Rail, 50 Ibs.
No information furnished. The line is progressing westward.
THOMAS W. HOUSE, President Houston, Tex.
PRINCIPAL OFFICE AND ADDRESS Houston, Tex.
TYLEK TAP KAILEOAD.
Line of Road.— Tyler, Tex., to Ferguson, Tex 21.5 miles.
Sidings and other tracks, 1 mile. Gauge, 3 feet. Rail, 35 Ibs.
This company was organized November 1, 1871, and the road opened October 1,
1877. It is further graded from Ferguson to Mount Pleasant, 47 miles, and will be
carried to Clark sville, about 40 miles further north. The track will probably belaid
to Mount Pleasant by the coming autumn.
Rolling Stock. — Locomotive engine, 1. Cars — passenger, 1 ; freight, etc., 16.
Financial Statement, April 1, 1878. — Capital stock (authorized, $3,000,000 ; sub-
scribed, $80,000 and paid in), $70,000 ; funded debt, 1st mortgage 20-year 7 per cent,
gold bonds, dated March 1, 1877 (authorized, $7,000 per mile), $147,000 ; and floating
debt, $8,000— total liabilities, $225,000. Cost of road and equipment, $222,910.
Directors (elected 1878). — J. P. Douglas, W. J. Goodman, A. W. Ferguson, and
A. H. Ferguson, J. H. Brown, H. G. Askew, T. R. Bonner, and Samuel H. Bo wen,
Tyler, Tex.; J. P. Ford, Gilmer, Tex.; R. B. Hubbard, Austin, Tex.
J. P. DOUGLAS, President Tyler, Tex.
W. J. Goodman, Vice- President " "
Treasurer— -E. C. Williams Tyler, Tex.
Secretary— Charles T. Bunner " "
Snpt. and Engineer— -S. H. Cox Tyler, Tex.
Freight & Ticket Agt.—S. M. Hopping. " "
PRINCIPAL OFFICE AND ADDRESS Tyler, Tex.
BAILROAD MANUAL OF THE UNITED STATES.
863
OF
Area, 75,995 square miles. Population, 289,987. Assessed valuation, $71,311,579.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Tracks.
Length of Lines.
Total.
Nebraska.
1. Atchison and Nebraska
Ft. In.
4 8X
4 8X
3 6
4 $%
4 .8*
4 8#
4 8#
4 8#
4 8X
4 8X
4 8X
M.
148.89
190.14
26.00
51.13
132.67
47.00
60.50
49.50
227.00
106.82
1,042.40
M.
108.54
190.14
26.00
51.13
132.67
47.00
60.50
49.50
86.00
26.96
507.40
1,285.84
2. Burlington and Missouri River, in Nebraska. .
3. Covington, Columbus and Black Hills
4. Fremont, Elkhorn & Mo. Val. (S.C.&P.).[Iowa.
5. Nebraska (Burl, and Mo. River R. R. in Neb.)..
6. Omaha and Northwestern
7. Omaha and Republican Valley (Union Pacific).
8. Omaha & Southwestern (Burl. & Mo. R.,in Neb.)
9. St. Joseph and Denver City [Kansas
10. Sioux City and Pacific [Iowa
11. Union Pacific (including Omaha Br.)
Total Length
2,082.05
ATCHISON AND NEBKASKA KAILEOAD.
Line of Road. — Atchison, Kans., to Lincoln, Neb 148.89 miles.
Sidings and other tracks, 9.66 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
The company was organized in 1870, and the whole road opened in 1872. The
company is in default on the interest on their first mortgage bonds, since September
1, 1873, when only one-half coupon was paid. Under date of November 20, 1877, a
plan of reorganization was proposed, under which the outstanding bonds ($3,750, 000)
are to be paid off, 30 per cent, in new 30-year 1st mortgage bonds, and 70 per cent, in
stock of the new organization ; the overdue coupons, to and including that of March
864: EAILBOAD MANUAL OF THE UNITED STATES.
1, 1878 ($1,425,000), to be"reduced 50 per cent, and paid in stock. The reorganization
is being carried out, and the first coupon of the new bonds will be paid September
1, 1878.
Rolling Stock. — Locomotive engines, 10. Cars — passenger, 6 ; baggage, mail
and express, 3 ; freight (box, 95 ; stock, 16 ; flat, 55 ; combination, 90), 256— total re-
venue cars, 265. Also, 4 way cars.
Operations for year ending December 31, 1876. — Trains run — passenger, 100,296 >
freight, 143,355 ; other, 65,845 — total, 309,496 miles. Passengers carried, 40,884; car-
ried one mile, 2,844,979. Freight moved, 136,647 tons ; moved one mile, 14,700,022 tons.
Earnings.
From Passengers $89,905 68
" Freight 301,67847
" OtherSources 18,64141
$410,225 56
Expenditures.
For Maintenance of Way $128,002 37
" Rolling Stock 35,98902
" Transportation, etc 153,067 80
$317,059 19
Balance — net earnings, $93,166.37. Payments — taxes, $32,197.50 ; construction,
$11,126.16 ; equipment, $2,695.16— total payments, $46,018.82. The amount of un-
paid coupons for the year was $300,000, and the total unpaid coupon account is stated
at $1,050,000. No later report furnished.
General Balance, December 31, 1876.
Construction and Equipment $2,960,038 06 Funded Debt $3,750,000 00
Supplies and Dues 37,775 67
County Bonds 163,000 00
Profit and Loss and Cash 1,663,960 79
$4,827,774 52
Unpaid Coupons 1,050,000 00
Suspense Account 1,000 00
Unpaid Vouchers..., 26,774 52
$4,827,774 52
No capital stock appears to have been issued. The amount paid in purchase of
the old road was $168,912.28. All later information refused.
The funded debt is $3,750,000, consisting of 1st mortgage 8 per cent, bonds, ma-
turing Sept. 1, 1896. It requires $300,000 to meet the annual interest on these bonds.
Under the reorganization the account will stand thus : Capital stock (for 70 p. c.
of old bonds), $2,625,000 ; and (for 50 p. c. of unpaid coupons), $712,500— total, $3,337,-
500 ; and funded debt (for 30 p. c. of old bonds), 1st mortgage 7 per cent. 30-year
bonds, dated March 1, 1878, $1,125,000— total liabilities, $4,462,500.
Directors (elected March, 1877). — Nathaniel Thayer, John A. Burnham, H. H.
Hunnewell, William F. Weld, Thomas P. Beal, George Putnam, Charles L. Young,
Nathaniel Thayer, Jr., and Charles Merriam, Boston, Mass. ; John A. Stewart, New
York City ; and James F. Joy, Detroit, Mich.
NATHANIEL THAYER, President .Boston, Mass.
Treat, and Sec. — Charles Merriam. . .Boston, Mass. I Gen. Svpt. — L. W. Towne St. Joseph, Mo.
General Manager— G. H. Nettleton . . . . Kansas City. | Gen. Tkt. & Frt. Agt.—J. E. Utt..
PRINCIPAL OFFICE AND ADDRESS Sears' Building, Boston, Mass.
BURLINGTON & MISSOURI RIVER R. R. IN NEBRASKA.
Line of Road. — Plattsmouth, Neb., to Kearney Junction, Neb 190.14 miles.
( Omaha and Southwestern R. R 49.50 "
lines: } Nebraska Railway 132.67 "
Total length of all lines operated 472.31 miles.
Sidings, etc.,<80.76 miles. Gauge, 4 feet 8£ inches. Rails, 48 and 56 Ibs.
BA1LKOAD MANUAL OF THE UNITED STATES.
865
Chartered May 12, 1869. Opened September 2, 1872. The Omaha and South-
western Railroad is under perpetual lease to this company.
No report for the year 1876 or 1877 was published, and the officers of the road
refuse all information of its operations or earnings.
Rolling Stock. — Locomotive engines, 16. Cars — passenger, 12 ; baggage, etc.,
7 ; freight (box, 150 ; platform, 86 ; coal, 43), 279— total revenue cars, 298. Also, 1
derrick and 4 way cars. @
Operations for year ending December 31, 1875. — Trains run — passenger, 145,310 ;
freight, 138,891 ; other, 119,968 — total, 404,1 69 miles. Passengers carried, not reported.
Earnings.
From Passengers $208,095 65
" Freight 476,90404
Miscellaneous 38,843 90
Expenditures.
Operating Expenses $351,643 76
Net Earnings 372,199 83
$723,843 59
The disposition of net earnings is not stated,
debt amounts to $582,635.80.
$723,843 59
The annual interest on the funded
The earnings of the road for six years have been as follows :
1870—55 miles $83,192 89
1871—100 miles (average) 226,259 23
1872—158 " " 450,69479
1873-239 miles $628,428 62
1874—240 " 797,217 67
1875—240 " 723,843 59
The Omaha and Southwestern R. R., of which this company have a perpetual
lease, is operated under an arrangement by which the interest at 8 per cent, of $20,000
of bonds per mile is guaranteed. The company also bought out the entire capital
stock for $61,000, including the right to 30,000 acres of land from the State, and $50,-
000 8 per cent, bonds of Gap County. It is practically consolidated with the company,
and all its operations are included in this report.
The company furnish no balance sheet. The following are the main items of
Financial Statement, December 31, 1875. — Capital stock, 85,378 shares. Funded
debt, $7,277,947.56 ; floating debt, $490,000 ; county and precinct bonds, $270,000 ;
cash on hand, $79,257.48— total funded debt, etc., $8,117,205.04. Cost of road, as
estimated by amount paid on stock, bonds, and debt, $8,249,955.39.
Statement in detail of funded debt, December 31, 1876 :
Character of Bonds.
Date of
Bonds.
Rate
p. c.
Interest
Payable.
Principal
Payable.
Amount
Authorized.
Amount
Out-
standing.
Convertible, Unsecured
Jan. 1, 1873.
8
Jan. and July.
1883.
$600.000
$600,000
1st Mortgage, Convertible
July 1, 1870.
g
U it It
1894
5,722,500
5 715 000
O. andS. W
June, 1870.
8
Dec. and June.
1896.
1,037,000
1,034,000
The 1st mortgage convertible bonds are secured by an undivided two-thirds of the
land grant, and the bonds of the Omaha and Southwestern R. R. Co. are guaranteed
by this company.
Land Department. — This company has a land grant from the United States under
which, according to the Land Office report, there had been certified to it up to June
30, 1875, 2,373,749.92 acres, and from Nebraska (including 30,000 acres to the 0. and
S. W. R. R. Co.) 80,000 acres— making a total of 2,453,749.92 acres, which is expected
55
866 RAILROAD MANUAL OF THE UNITED STATES.
to be increased by further certificates from the United States to a total of 2,462,208
acres. Of this there have been sold to December 31, 1875, $648,646.50 acres, at an ag-
gregate price of $4,844,692.61, averaging $7.47 per acre.
Directors (elected February 22, 1878).— Sidney Bartlett, Alpheus Hardy, John M.
Forbes, George Tyson, and John A. Burnham, Boston, Mass. ; Cyrus Woodman, Cam-
bridge, Mass. ; and Charles E. Perkins, Burlington, Iowa.
GEORGE TYSON, President and Auditor Boston, Mass.
Chas. E. Perkins, Vice-President and Gen. Man. .Burlington, Iowa.
Treat. <fr Sec.— John N. Denison .Boston, Mass. Asst. Treas.—S. G. Taylor Omaha, Neb.
Superintendent— William Irving Omaha, Neb. Gen Fgt. Agent— P. Lowell "
Land Commissioner — A. E. Touzahn Lincoln, Neb.
PRINCIPAL OFFICE AND ADDRESS Omaha, Neb.
Fiscal Agency. No. 49 Sears' Building, Boston, Mass.
NEBRASKA RAILWAY.
Line of Road. —Brownsville, Neb., to York, Neb 132.67 miles.
Sidings, etc., 5 miles. Gauge, 4 feet 8^ inches. Rail, 56 Ibs.
Organized as Midland Pacific R. R. Co., and road opened to present terminus in
1877. It was leased in 1877 to the Burlington and Missouri River R. R. Co. in Nebraska.
Rolling Stock. — Locomotive engines, 5. Cars — passenger, 3 ; baggage, mail and
express, 2 ; freight — box, 30 ; stock, 20 ; platform, 40 ; and coal, 10— total cars, 105.
Operations for year ending December 31, 1877. — All information refused as to the
operations of the road.
Financial Statement. — Capital stock paid in, $1,500,000 ; and funded debt, 1st
mortgage 7 per cent, gold (free of U. S. tax) bonds, dated August 2,1867, interest pay-
able February and August, and principal due August, 1899, $1,100,000 — total stock
and bonds (representing cost of road, etc.), $2,600,000. The above statement refers to
the line from Nebraska City to Lincoln, a distance of 58 miles. The company is re-
puted to have executed a mortgage for $1,836,000 7 per cent, bonds, of which $1,500,-
000 are to be reserved to retire outstanding bonds, and the remainder to be gold to pay
for the extension from Lincoln to York.
J. W. BROOKS, President Boston, Mass.
C. E. Perkins, Vice- President Burlington, Iowa.
Sec. efe Treas.—3. N. Denison Boston, Mass. I Auditor— C. D. Dosman Omaha, Neb.
Superintendent— Win. Irving Omaha, Neb. | Ticket & Freight Agent— P. Lowell. . .
PRINCIPAL OFFICE AND ADDRESS Lincoln, Neb.
OMAHA AND SOUTHWESTERN RAILROAD.
Lines of Road 5 Omaha (Missouri River), Neb., to Omaha June., Neb. .18.65 m.
( Crete (87m. S. Omaha), Neb., to Beatrice, Neb 30.85 "
Total length of railroad 49.50 m.
RATLKOAD MANUAL OF THE UNITED STATES. 867
Leased in perpetuity to the Burlington and Missouri River R. R. Co. in Nebraska.
Sidings and other tracks, 3 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
The two sections are connected by the Burlington and Missouri River Railroad in
Nebraska, the distance between Omaha Junction and Crete being 66 miles.
Rolling; Stock. — Furnished by lessees.
Operations. — Included in lessees' returns.
Financial Statement, December 31, 1876.— Capital stock, $20,000 per mile. First
mortgage 8 per cent, bonds, dated June 1, 1871, and payable, interest, June and De-
cember, and principal, June 1, 1896, $20,000 per mile, $1,034,000.
Directors and Officers. — Same as B. and M. R. R. Co. in Nebraska.
PRINCIPAL OFFICE AND ADDRESS. . . .No. 49 Sears' Building, Boston, Mass.
COYIKGTOK, COLUMBUS AND BLACK HILLS K. E.
Line of Road.— Covington, Neb., to Ponca, Neb 26 miles.
Sidings, etc., 1 mile. Gauge, 3 feet 6 inches. Rail, 40 Ibs.
This road was opened in 1876, but all information as to its operations or financial
condition is refused. It is stated to be in the hands of a Receiver, on the part of the
holders of the floating debt.
A. W. HUBBAHD, President Sioux City, la.
H. K. Lane, Receiver Des Moines, la.
Superintendent— 3. S. Meckling Sioux City, la, | Treasurer— -S. C. Williams New York City.
PRINCIPAL OFFICE AND ADDRESS , Sioux City, la.
OMAHA AND NOKTHWESTEBN EAILEOAD.
Line of Road. — Omaha, Neb. , to Tekamah, Neb 47 miles.
Sidings and other tracks, 2.35 miles. Gauge, 4 feet 8$ inches. Rail, 50 Ibs.
Opened to Hermann in 1871, and to Tekamah in 1876. The company have a land
grant from the State of 2,000 acres per mile. These lands are covered by the 1st
mortgage.
Rolling Stock. — Locomotive engine, 1. Cars — passenger, 1 ; baggage, 1 ; freight
(box, 7 ; and platform, 11), 18 — total revenue cars, 20. Service cars, 12.
Operations for year ending December 31, 1877. — Gross earnings — passenger,
$12,444.27; freight, $40,021.46; mail, $2,336.60; express, $644.62; and miscellane-
ous, $259.38 — total, $55,706.33. Operating expenses, renewals, and taxes, $47.983,93.
Net earnings, $7,722.40. Paid on floating debt, $5,828.37. Balance, credit, $1,895.03.
Financial Statement. — Capital stock, $100,000 ; funded debt, 1st mortgage 7.3
per cent, gold 30-year bonds, dated January 1, 1871, $618,000 ; and floating debt (in-
868 EAILEOAD MANUAL OF THE UNITED STATES.
eluding unpaid taxes), $5,556.37— total, $723,556.87. Interest in default since Jan-
uary 1, 1874, and mortgage now under process of foreclosure.
FRANCIS SMITH, President New York City.
John A. Horbach, Vice-President Omaha, Neb.
Tkf. and Fgt. Agt Joshua Budd.
Secretary H. W. Yates.
Treasurer Herman Kountze.
Chief Eng. and Supt J. E. House.
PRINCIPAL OFFICE AND ADDRESS Omaha, Neb.
OMAHA AND EEPUBLICAN VALLEY EAILEOAD.
Line of Road.— Valley, Neb., to David City, Neb 60.5 miles.
Sidings, etc., 2 miles. Gauge, 4 feet 8i inches. Rail, 56 Ibs.
This road was completed from Valley Station, on the Union Pacific R. R., to
Wahoo, at the close of 1876, and to David City, October 1, 1877. It is operated as a
branch of the Union Pacific R. R.
Rolling Stock. — Furnished by Union Pacific R. R. Co.
Operations for year ending December 31, 1877. — Earnings from passengers,
$4,969.86; from freight, $41,779.29; miscellaneous, $1,355.52— total, $48,104.67.
Operating expenses, $32,116.96. Balance— net earnings, $15,987.71.
Financial Statement, December 31, 1877.— Capital stock, $302,500 ; funded debt,
$605,000; current accounts, $4,052.80; surplus earnings, $15,987.71— total, $927,-
540.51. Per contra: Cost of construction and equipment, $907,500; materials, etc.,
$3,7C3.08. Cash on hand, $16,337.43— total, $927,540.51. The funded debt consists
of 1st mortgage 7 per cent, bonds, dated January 1, 1877, payable January 1, 1897.
Directors (elected January 2, 1878). — F. L. Ames, Sidney Dillon, Jay Gould, A.
J. Poppleton, J. W. Gannett, T. L. Kimball, and S. H. H. Clark.
S. H. H. CLARK, President . . .Omaha, Neb.
Sec. and Treas.—3. W. Gannett Omaha, Neb. | Supt.— P. J. Nichols Omaha, Neb.
PRINCIPAL OFFICE AND ADDRESS Omaha, Neb.
UNION PACIFIC EAILEOAD.
Line of Road.— Omaha, Neb., to Ogden, Utah Territory 1,034.4 miles.
. (Omaha, Neb., to Council B's, la. (bridge and approaches) 3.0 "
tensions : ( Ogden, Utah Ter. to Junction of Central Pacific R. R. . . 5.0 "
Total length of railroad owned and operated 1,042.4 miles.
Sidings and other tracks, 20 miles. Gauge, 4 feet 8| in. Rail (steel, 192 m.), 56 Ibs.
Branches controlled by the Union Pacific Company — Omaha and Republican
Valley R. R., 60.5 m. ; Colorado Central R. R., 136 m. (and branches, 43 in.); and
Utah Northern R. R., 80 miles.
The Union Pacific Railroad Company was chartered by Congress in Acts of July
1, 1862, and July 2, 1864. Under the first act, the company acquired the right of
RAILROAD MANUAL OF THE UNITED STATES.
869
way, and a land grant of 12,800 acres per mile of road, and a loan of bonds in aid of
construction, which was to be a 1st mortgage on the whole property. The second
act reduced the mortgage to a second lien and authorized a 1st mortgage to an amount
equal to the loan. The total land grant is estimated at 12,083,227 acres. The gov-
ernment loan is to be repaid from a sinking fund of 5 per cent, of all net earnings, and
the retention of one-half of all transportation charges for its own traffic on tUe road.
The loan amounts to $27,236,512. The road was actually opened for traffic May 10,
1869, when connection was made with the Centra] Pacific ; but the official inspection
and acceptance of the road were completed October 1, 1874.
Boiling Stock. — Locomotive engines, 168. Cars — passenger (including 23 sleepers)*
1,281 ; baggage, mail and express, 41 ; freight (box, 1,387; platform, 1,000 ; coal, 500 ;
other, 220), 3,107— total cars, 3,276. Service cars, 400. Ten additional locomotives
and 256 box cars are being constructed.
Operations for year ending December 31, 1877. — Trains run, 5,753,729 miles.
Passengers carried, through, west, 48,269, and east, 31,054 — total, 79,323 ; and local,
west, 62,269, and east, 44,049— total, 106,368. Total of all classes of passengers, 185,-
691. Freight moved, through, west, 107,947i 5 and east, 51, 785^— total, 159,732i tons;
and local, 556,380 tons — total of all classes, 716,112^. Passengers carried one mile,
through, 24,922,173; and local, 82,911,198— total, 107,833,371. Freight moved one
mile, through, 155,706,635; and local, 178,938,235— total, 334,644,870 tons. Coal (in-
cluded in local), 88,730,470. Gross earnings, $12,473,203.86 ; and operating expenses
(42.28 per cent.), $5,273,421.69; net earnings, $7,199,782.17. Average rate per ton
per mile (excl. coal), through, west, 1.69 ; and east, 1.49 — total, 1.62 cents ; and local,
west, 3.19 ; and east, 1.92— total, 2.54 cents; both through and local, west, 2.29 ; and
east, 1.74 — total, 2.06 cents.
Gross earnings and operating expenses in detail :
Gross Earnings ;
Commercial Passenger $3,306,505 62
Government Passenger 293,251 25
$3,599,756 87
Commercial Freight $6,458,514 85
Government " 362,20821
Company " 776,95747
$7,597,680 53
United States Mail 596,775 00
Express 430,791 98
Car Service (balance) 31,201 38
Miscellaneous 257,221 33
Rents 22,17953
Total Gross Earnings $12,473,203
Operating Expenses :
Conducting Transportation $874,999 61
Motive Power, Fuel, Water, etc 1,262,485 23
Repairs of Locomotives 399,904 40
Repairs to Passenger Cars 142,869 02
Repairs to Freight Cars 295,879 41
Repairs to Shops, Sheds, etc 27,439 56
Maintenance of Way, etc 1,565,592 07
Removing Snow and Ice 8,282 78
Repairs to Snow Sheds, Fences, etc. .. 20,749 96
Repairsto Bridges 81,000 94
General Expenses 307,17521
Taxes 286,96350
Total Expenses $5,273,421 69
Earnings, less Expenses $7,199,782 17
Proportion of Expenses 42.28 per cent.
From the net earnings were disbursed for interest on 1st mortgage bonds, $1,-
633,890 ; on land grant bonds, $516,180; and on sinking fund bonds, $1,135,040— total
bond interest, $3,285,110; and for dividends (Jan., April, July, and Oct., each 2 per
cent.), $2,939,600. Dividends have been paid quarterly since July 1, 1875; the first
1£ per cent., and all others 2 per cent. The total amount paid in dividends to date
has been $8,635,075.
870 KAILKOAD MANUAL OF THE UNITED STATES.
Statement of operations yearly for seven years :
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Passengers
130,561
73,994,927
165,688
80,663,^71
378,650
178.145,755
t
3,370.312 41
4,768,419 07
283,855 OD
336,333 35
133,685 70
174894
95,709,054
487,484
223,361,542
$
3,887,204 48
5,516,907 58
283,855 00
359,573 10
167,945 84
188,877
105,138,206
482.806
262,238,837
$
3,952, fc'58 55
5,66<*,731 33
345,758 00
381,303 77
265,846 13
209,831
132,591,343
501,410
269,414,989
$
4,346,014 34
6,641,51227
325,143 00
444,174 23
236,988 25
202,648
128,032,924
629,947
292,002,076
*
4,307,602 53
7,304,123 50
574,139 00
502,738 42
198,255 39
185.691
107,833,371
716.112
334,644,870
$
-Passenger Miles
Freight (tons)
Freight Miles.
Pass'gr Traffic
Freight "
Mail Service..
Express " ..
Miscellaneous
Gross Earnings.
Operat'g Exp'es
Net Earnings
134,205,887
1
3,123,510 08
3,629,488 94
283,748 80
307,731 32
177,203 02
7,521,682 16
3,600,566 86
8,892,605 53
4,800,573 48
10,266,103 66 10,559,880 12
4,974,861 02 4,854,703 87
11,993,83-209
4,982,047 95
12,886,858 84
5,268,211 20
12,473,203 86
5,273,421 69
3,921,115 30
4,092,032 05
5,291,242 64
5,705,176 25
7,011,784 14
7,618,647 64
7,199,782 17
Gross earnings, operating expenses, and net earnings per road-mile :
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Gross Earnings
$7,263 81
$8,587 74
$9,914 15
$10.197 &5
$11,582 64
$12,445 06
$12,000 38
Operating Expenses
3,477 13
4,635 99
4,803 53
4,688 27
4,811 25
5,087 60
5,073 52
Net Earnings
$3,786 68
$3,951 75
$5,110 62
$5.509 58
$6.771 39
*7,357 46
$6,926 86
Proportion of Expenses .
47.87 p. c.
53.98 p. c.
48.46 p. c.
45.97 p. C.
41.54 p. c.
40.88 p. c
42 28 p. c.
Omaha Bridge. — The above accounts do not include tlie earnings and expenses
of the bridge at Omaha, which has always been operated as an independent work, and
accounted for separately. The following shows the earnings and expenses of the
bridge for the two years ending December 31, 1876 and 1877 :
1876.
1877.
Increase.
Decrease.
Gross Earnings
$482,862 88
$475,273 16
$7,589 72
$192,231 29
$174,644 48
$17,586 81
Extraordinary Expenses
34.267 16
104,026 53
$69,759 37
Gross Operating Expenses
$226,498 45
$278,671 01
$52,172 56
$256,364 43
$196,602 15
$59,762 28
The bridge over the Missouri River at Omaha was built in 1871-73. For this
work the company issued iu 1871 sterling bonds bearing 8 per cent, interest and
having 25 years to run, to the extent of £500,000 or $2,500,000. These bonds are
payable, with 10 per cent, premium, by an annual sinking fund of $242,000 gold, the
balance of which, after paying interest, is to be used in the annual redemption of
drawn bonds, together with the 10 per cent, premium thereon. The number of
bonds to be redeemed increases gradually from $38,000 in 1872 to $194,000 in 1896,
when the whole will have been repaid. The interest paid in 1876 was $535,006.52,
and in 1877, $199,655.63 ; and the bonds redeemed in same years $51,000 and $54,000.
There was a deficit in earnings in 1876 of $19,742.10, and in 1877 of $57,033.48. But
BAILROAD MANUAL OF THE UNITED STATES.
871
in the latter year two spans were destroyed by a tornado (August 25), and cost for
replacement $61,699.99, otherwise there would have been a profit of $4,646.51.
Coal and Coal Mining1. — The company own extensive coal properties. Previous
to 1875, the mines were worked by contractors. In that year the company took pos-
session and have since worked them on their own account, as shown in the following
statement :
Tons Mined.
Cost of Mining.
Aver. Cost p. Ton.
Saving over 1875.
1877...
275,480
$312,131 37
74Kcts.=39.76p. c.
1876
264,771
375,520 56
1 41%.
46>£ cts.— 24.60 "
1875
208222
391,885 10
1 88
The sales of coal for private use was, in 1877, 92,289% tons, for $578,327.60, or
$6.26.6 per ton ; and in 1876, 65,042 tons, for $423,687, or $6.51.4 per ton. The
prices at which sold include the cost of transportion from the mines to points along
the entire line of the road. The total transportation of coal sold in 1877 was 38,730,-
470 ton-miles.
Land Department. — The sales" in 1877 amounted to 69,015.97 acres, at $343,-
768.92, or $4.98 per acre. This is a decrease as compared with the results of Ib76,
of 56,889.34 acres, and $31,772.80, but an increase in average price of $2 per acre.
Nearly the whole was sold in the last half of the year.
Sales to December 31, 1877 ....................... 1,394,108.81 acres— $6,083,510 02
Less sales canceled ............................... 75,829.01 " — 366,38479
Total (average price, $4.33.6) ................. 1,318,279.80 acres— $5,717,125 23
Interest received on contracts ..................................... 502,021 92
Receipts on forfeited contracts ..................................... 46,091 61
Total proceeds from lands ...................................... $6,265,238 76
Expenses of Land Department ......................... $828,483 46
Taxesonland .............. ......................... 584,00303— 1,412,48649
Net proceeds from lands ........................................ $4,852,752 27
Whole issue of land-grant bonds ................................... $10,400,000 00
Amount purchased and canceled ................................... 3,076,000 00
Amount outstanding December 31, 1877 ........................ .... $7,324,000 00
Contracts bearing interest, $3,009,117.20 and cash, $406,035 .......... 3,415,152 20
Amount of bonds to be provided for from future sales ................ $3,908,847 80
The company has still on hand, unsold, 10,764,947 acres.
Financial Statement.— Capital stock, bonds, etc., January 1, 1878 :
Capital stock issued and existing ................. ................. $36,762,300 00
Funded debt, bonds issued ...................... ... $63,962,000 00
Less amount redeemed by sinking funds .......... 13,136,000 00— 50,826,000 00
United States subsidy 6 per cent, bonds ........... , ............... 27,236,512 00
872
RAILROAD MANUAL OF THE UNITED STATES.
Interest thereon paid by Government $15,969,801 00
Reimbursed by retained half charges *5, 134, 327 00
$10,835,474 00
Total capital, representing present cost of road, etc $114,824,812 00
Add amount of bonds redeemed 13,136,000 00
Total amount of original investment $127,960,812 00
The cost of the road and its equipment at the date of its completion
(fixed to be October 1 , 1874) was ascertained at $115,214,588 00
The cost of the Missouri River Bridge and approaches, connecting
Omaha and Council Bluffs (under decision of the U. S.
Supreme Court an integral part of the railroad), cost 2,866,464 00
Balance, consisting of other investments, advances to connecting
railroads, etc., etc 10,179,760 00
Total property and assets $127,960,812 00
Amount due and in hand Land Department 3,415,152 30
The investments of this company in connecting roads at the close of 1877 are
stated by the Government Directors to be about $3,000,000, and in detail as follows :
Colorado Cen. R. R., stocks (2,100 shares), bonds ($506,000), and cash, etc. . $667,156
Utah Central R. R., stock (5,300 shares) 277,000
Utah Southern R. R., stock (7,285 shares), and bonds ($421,000) 1,020,500
Utah Northern R. R., stock (378 shares), and bonds ($93,000) 130,800
Omaha and Repub. Valley R. R., stock (2,125 shares), and bonds ($605,000). 817,500
Total amount or cost to company $2,912,956
And further aid is about to be extended to a company formed to construct a rail-
road from Cheyenne to the Black Hills. The shares of the Utah Central cost the
company in 1872 $277,000, and up to date have received in dividends $320,500. The
shares of the other aiied companies have received no dividends as yet.
The balance claimed by the Government for interest on the subsidy bonds, ac.
cording to the decision of the U. S. Supreme Court, does not become due from the
company until the bonds arrive at maturity.
The following table describes the funded debt in detail :
Classes of Bonds.
First Mortgage (gold)
Sinking Fund
Income Mortgage
Land Granr . .
Omaha Bridge (gold).
Date of
Issue.
1866-69.
Mar. 1, 1874.
1867-69.
Apr. 1, 1871.
Interest
Payable.
Jan. & July.
Mar. & Sept.
Apr. & Oct.
Date of
Maturity.
1896-99.
Mar. 1, 1894.
1887-89.
April 1, 1896.
Total Funded Debt, December 31, 1877.
Amount.
Issued.
$27,237,000
14,470.000
9,355,000
10,400,000
2,500,0.)0
$63,962,000
Out-
standing.
$27,231 000
14,045,000
1,000
7,324,000
2,225,000
Annual
Interest.
$1,633,860
1,123,600
100
512,680
178,000
$50,826,000 | $3,448,240
The Government subsidy bonds are due thirty years after date, and bear currency
interest at the rate of 6 per cent, per annum.
KAILROAD MANUAL OF THE UNITED STATES.
873
Since the close of the year, an Act of Congress has been passed, requiring that
all compensation for services rendered the United States be withheld from the com-
pany, and that a sinking fund be created to which one-half the compensation from,
the government shall be credited semi-annually, and into which the Union Pacific
R. R. Co. shall pay, say, $1,400,000, or so much as may be necessary to make up 25
per cent, of the net earnings of the road, and that no dividends shall be declared until
these requirements are complied with.
Directors (elected March 6, 1878). — Elisha Atkins, F. Gordon Dexter, Frederick
Nickerson, F. L. Ames, and E. H. Baker, Boston, Mass.; Fred. L. Ames, Easton, Mass.;
Sidney Dillon, David Dows, Jay Gould, and Joseph Richardson, New York City,N.Y.;
William L. Scott, Erie, Pa.; H. H. Porter, Chicago, 111.; G. M. Dodge, Council Bluffs,
la.; S. H. H. Clark, Omaha, Neb.; W. A. H. Loveland, Denver, Col.; and John Sharp,
Salt Lake, Utah. Government Directors — G. B. Smythe, Iowa ; Reuben H. Wilbur,
Nebraska ; Ralph P. Buckland, Ohio; C. W. Chadwick, Conn.; and Charles Francis
Adams, Jr., Mass.
SIDNEY DILLON, President New York City, N. Y.
Elisha Atkins, Vice-President Boston, Mass.
Henry McFarland, Secretary and Treasurer " "
Gen. Superintendent— S. H. H. Clark Omaha.
Asst. Gen. Supt.— 3. T. Clark "
Supt. (Eastern Div.)— P. J. Nichols "
Supt. (Western Div.)— W. P. Davis Cheyenne.
Supt. (Laramie Div.)— E. Dickenson Laramie.
Supt. (Western Div.) — A. A.Egbert Evanston.
Auditor — Joseph W. Gannett Omaha.
Cashier — N. Shelton "
Chief Engineer— T. E. Sickels "
Gen. Pass, and Tkt. Agent— *¥. L. Kimhall. Omaha.
Gen. Freight Agent— E. P. Vining "
Gen. Baggage A gent — A. Traynor "
Land Commissioner — Leavitt Burnham.... "
Supt. Telegraph — J. J. Dickey "
Gen. East, Agent— F.Knowland, 287 Broadway ,N.Y.
Locomotive Superintendent— J. C. Congdon, Omaha.
Master Car Builder— Gt. E. Stephens "
Fgn. Agt.—W. C. Thompson,22 Moorgate, London.
PRINCIPAL OFFICE AND ADDRESS Omaha, Neb.
Financial Agency and Transfer Office Sears' Building, Boston, Mass.
874
BAILROAD MANUAL OF THE UNITED STATES.
STATE OF KANSAS.
Area, 81,318 square miles. Population, 568,339. Assessed valuation, $133,832,316.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Tracks.
Length of Lines.
Total.
Kansas.
1. Atcliison and Nebraska [Nebraska
Ft. In.
4 :8X
4 :8#
4 :SX
4 :8#
4 :$X
4 :8X
4 :8#
3 :6
4 :8#
4 :8X
4 :8X
4 :8#
4 :8#
4 :8*
4 :8j*
4 :8*
4 :8#
4 :8#
4 :8#
4 :8X
4 :8%
4 :8X
4 :8X
4 :8^
4 :-8X
4 :8#
4:8*
M.
148 89
471.00
30.00
6.00
13.50
38.00
50.00
84.00
25.00
31.91
66.00
672.60
31.00
21.38
145.96
786.00
25.50
159.92
84.00
44.50
41.60
13.00
227.00
9.70
100.00
20.00
27.00
M.
40.35
471.00
30.00
6.00
13.50
12.00
50.00
84.00
25.00
31.91
66.00
478.78
31.00
21.38
145.96
255.09
25.50
157.50
28.40
22.50
41.60
13.00
141.00
9.70
100.00
20.00
27.00
2. Atcliison, Topeka and Santa Fe
3. Florence, El Dor'do & Waln't Val. (A.,T. & S. F.)
4. Fort Leaven worth (Chic., Rock Island & Pacific)
5. Ft. Scott, Southeast'!! & Mem.(Mo.R., Ft.S. & G.)
fi. Jopli n [Missouri
7. Junction City and Fort Kearney
8. Kansas Central
9. Kansas City, Burlington and Santa Fe
10. Kansas City & Santa Fe (Leaven., Law. & Gal.)
11. Kansas City, Topeka & Western (A., T. & S. Fe)
12. Kansas Pacific
13. Lawrence and Southwestern
14. Leavenw'th, Atcliison & Northwest'n (Mo. Pac.)
15. Leavenworth, Lawrence and Galveston
16. Missouri, Kansas and Texas [Missouri
17. Missouri River (Missouri Pacific) [Missouri
18. Missouri River, Fort Scott and Gulf
19. Missouri and Western [Missouri
20. Pleasant Hill & De Soto (Atch.,Top. & Santa Fe)
21. Republican Valley (Union Pacific, Central Br.)
22. St. Joseph & Topeka (K. C.,St. J.&C. B., in Mo.)
23. St. Joseph and Western
24. Southern Kansas (Leavenworth, Lawr. &Gal.).
25. Union Pacific, Central Branch
26. Waterville & Washington (Un'n Pac. .Cent. Br.)
27. Wichita & So'thwest'n (Atch., Top. & Santa Fe)
Total Length
3,373.46
2,349.17
KAILROAD MANUAL OF THE UNITED STATES. 875
ATCHISON, TOPEKA AND SANTA FE KAILROAD.
4
Line of Road. — Atcliison, Kans., to Colorado State Line 471 miles.
Leased lines, named below 315 "
Total length of all the lines operated 786 miles.
Sidings and other tracks, 30 miles. Gauge, 4 ft. 8| in. Rail (steel, 22 miles), 56 Ibs.
Incorporated March 3,1863. It includes the Atcliison and Topeka R. R. Co.,
chartered February 11, 1859. By an Act, February 9, 1864, it became the recipient
of the lands granted by Congress under Act of March 3, 1863. The road was con-
structed from Topeka to Emporia in 1869-70, and opened to this extent, August 1,
1870. In 1871-72, the work of construction progressed rapidly, and the line from
Topeka and Atcliison was opened May 13, 1872, and the whole road was completed
December 23, 1872. The main line is the only portion built under the existing char-
ter. That portion beyond the Colorado Line to Granada, 12.5 miles, was constructed
under the charter of the Colorado and New Mexico R. R. Co., and opened May 10,
1873 ; the Wichita and Southwestern R. R., 27 miles, was opened a year earlier, May
13, 1872 ; and the Pueblo and Arkansas Valley R. R. was built in 1875-76, the road
having been opened to Las Aniinas September 13, 1875, and to Pueblo March 1, 1876.
The Kansas City, Topeka and Western R. R. is a consolidation of several roads,
and was leased to the Atcliison, Topeka and Santa Fe R. R. Co. October 1, 1875. The
road between Lawrence and De Soto, 16.52 miles, was used (under rental) as a part of
this line until September 1, 1877, when it was purchased and consolidated therewith.
It was a part of the St. Louis, Lawrence and Western R. R., originally the St. Louis*
Lawrence and Denver R. R., which was sold in foreclosure in 1876. The western
division was Fold under a separate mortgage, and the eastern division reorganized as
the Pleasant Hill and De Soto R. R., 44.5 miles long. The five separate railroads, thus
referred to, are now operated under lease by the Atchison, Topeka and Santa Fe, and
are separately described. The extension of the road into New Mexico is in progress
— the line from La Junta, via Trinidad, to the southern boundary of Colorado, 95.5
miles, to be constructed under the charter of the Pueblo and Arkansas Valley R. R.
Co., and the line within New Mexico and to Las Vegas, 118.5 miles, under the charter
of the New Mexico and Southern Pacific R. R. Co. The whole of this extension is
being built in the interest of the Atcliison, Topeka and Santa Fe R. R. Co., and will
be leased by it. It is expected that New Mexico will be reached by the railroad
during the current year. 9
Rolling Stock. — Locomotive engines, 43 (and hired, 18) — total, 61. Cars — pas-
senger, 20 (and hired, 9) ; sleeping, 2 (and hired, 5) ; baggage, mail and express, 8
(and hired, 8). Freight — (box, 24 ; combination, 297 ; stock, 100 ; platform, 46 ; caboose,
8; coal, 303), 778 ; also, hired, 337 — total revenue cars, 814 (and hired, 359); together,
1,173. Also, 208 service cars.
Operations for the year ending December 31, 1877. — Trains run — passenger,
601,040 ; and freight, 952,459 — total, 1,553,499 miles. Passengers carried — eastward,
76,667 ; and westward, 88,651— total, 165,318. Carried one mile— ea.<taard,9,783,105 ;
and westward, 12,225,444— total, 22,008,549. Freight moved— eastward, 170,122;
and westward, 195,962— total, 372,084 tons. Moved one^mile— eastward, 32,473,407 ;
and westward, 40,245,763— total, 72,719,170 tons.
876
RAILKOAD MANUAL OP THE UNITED STATES.
Earnings.
'(All line?, 786 miles.)
Expenses.
From Passengers $738,930 41
" Freight 1,853,248 33
" Mail 37,98924
" Express 39,39411
Miscellaneous .. 9,54442
For Operating Expenses $1,327,684 82
" Rentals, Leased Lines 279,920 95
" Taxes 136,818 12
" Rent of Rolling Stock 27,750 00
" Boston Office, Interest, etc 31,857 20
$2,679,106 51 $1,799,031 09
Balance — net earnings over operating expenses (50.61 per cent.), $1,356,421.69.
Deduct rentals, etc., $476,346.27, leaves as available revenue, $880,075.42. Payments
from net revenue — coupon interest, $833,652.95, and gold premium, $25,733.58 — total,
$859,386.53. Credit balance, $20,688.89.
Summary of operating accounts, all lines :
Miles of
R. R.
Gross
Earnings.
Working
Expenses.
Net
Earnings.
Kansas City, Topeka and Western R. R
66
$385,328 26
$220,461 13
$164,867 13
Pleasant Hill and De Soto R. R
45
7,374 24
3,866 09
3,508 15
Florence, El Dorado and Walnut Valley R. R
30
27
3,732 17
97,419 78
3,536 25
42,506 56
2,195 92
54 913 22
147
226,190 61
117,165 88
108,934 73
Total Leased Lines
315
$721,955 06
$387,535 91
$334,419 15
Atchison, Topeka and Santa Fe R. R
471
1,957,151 45
935,148 91
l,02i,002 54
Total
786
$2,699,106 51
$1,322,684 82
$1,356,421 69
Of the gross earnings of the A., T. and S. F. R. R., $641,272.79 were from local
traffic ; and $1,315,878.66 from joint traffic.
Abstract of operating accounts, etc., for five years :
1873.
(509 m.)
1874.
(509 m.)
1875.
(540 m.)
1876.
(711 m.)
1877.
(786 m.)
258,820
558,711
78,764
6,836,317
156.033
24,958,365
345,674 18
805,550 71
61,406 59
4,129 76
197,181
534,120
69,659
7,597,618
186,312
27,495,279
$
341,970 21
836,197 39
59,751 44
12,886 65
285,944
681,170
72,942
7,166,852
252.383
46,244,990
$
337,263 18
1,116,749 44
57,573 60
8,772 07
595,554
929,022
133,727
17,031,491
325,629
61,791,130
$
715,699 93
1,688,107 33
73,607 25
9,168 15
601,040
952,459
165,318
22,008,549
372,084
72,719,170
$
738,930 41
1,853,248 33
77,383 35
9,544 42
Freight
Passenger Earnings
Freight "
Mail and Express
Gross Earnings
1,216,761 24
785,660 05
1,250,805 69
557,641 84
1,520,358 31
698,750 47
2,486,582 66
1,175,489 01
2.679,106 51
1,322,684 82
431,101 19
2,390 49
1,543 53
693,163 85
2,457 38
1,095 56
821,607 84
2.815 48
1,293 99
1,311,093 65
3,497 30
1,653 29
1,356,421 69
3,408 53
1,682 80
Expentes per mile
846 96
64.58 p. c.
5.00C.
3.22C.
1,361 82
44.59 p. c.
4.50c.
3.04c.
1,521 49
45.96 p. c.
4.71c.
2.41c.
1,?44 01
47.27 p. c.
4.800,
1710.
1,725 72
49.39 p. c.
3.36C.
2.55c.
Expenses to Earnings
Receipts per Passenger per mile
" per Ton per mile
RAILROAD MANUAL OF THE UNITED STATES.
877
General Balance Sheet, December 31, 1877.
Construction $23,447,810 64
Land Department $424,838 32
Trustees Pottawat. Lands. 69,222 56
Notes and Accounts 50,605 58— 544,666 46
P. and A. V. Stock, 600 shares 49,449 26
" " Rebate held for Bonds... 1,27341
Union Depot (K. City) Stock l.COO 00
CashonHand 351,01299
Treasurer, Balance 33,357 07
$24,428,570 33
Capital Stock $8,615,000 00
Funded Debt 14,675,500 00
165,500 00
300,911 85
194,650 83
33,005 00
7,017 50
302,464 09
134,512 03
Construction Notes (coupons)
Notes and Accounts
Consol. Gold Scrip Certificates
Pottawat. Cur. Scrip
Construction Note
Coupon and Scrip Interest unpaid. . .
Income, Balance ,
$24,428.5*0 36
Statement of funded debt in detail, December 31, 1877 :
Classes of Bonds.
Date of
Issue.
Rate
p. c.
Interest
Payable.
Principal
Payable.
Amount
Authorized.
Amount
Outstandi'g
Annual
Charges.
1st Mortgage (gold) . .
Land Gra't Mt. "
Consolid. " "
Land Income Mrtg. .
Pottawattomie Ld.M.
July 1, 1869
Oct, 1, 1870
Apr. 1, 1873
July 1, 1874
Nov. 1, 1869
7
7
7
12
7
Jan. & July
Apr. & Oct.
tl U
Jan. & July
May & Nov.
July 1, 1899
Oct. 1, 1890
Apr. 1, 1933
July 1, 1889
Nov. 1, 1879
$15,000 p. m.
7,500 "
7,500 "
700,000
500,000
$7,041,000
3,366,000
3,349,000
480,500
439,000
$492,870
235,620
234,430
53,660
30,730
In addition there are outstanding 7 per cent, construction notes, $165,500, due in
1878, 1879, and 1882 ; and various scrip payable from 1881 to 1886. Coupons that ac-
crued during 1874 were funded. The land grant bonds were originally $3,520,500,
but have been reduced by $154,800 canceled. The total issue of consolidated bonds
was $3,500,000, of which $151,000 are held by the company.
The following table exhibits briefly the financial condition of the several lines
operated, and the total investment in the system of lines :
Capital
Stock.
Funded
Debt.
All other
Liabilities.
Total
Investment.
Cost of RRs.
and Equip-
ment.
Kansas City, Topeka & Western. .
Pleasant Hill and De Soto
$2,250,000
450,000
$1,084,000
120,000
$100,190
$3,434,190
570000
$8,159,800
570 000
Florence, El Dorado & Wai. Valley
450,000
310,000
760,000
760,000
Wichita and Southwestern
Pueblo and Arkansas Valley
486,000
3,000,OuO
405,000
1,719,000
35,000
236,934
926,000
4,955,934
962,000
4,955,934
Total Leased Lines
$6,636,000
$3,638,000
$372,124
$10,646,124
$10,371,734
Atchison, Topeka and Santa Fe..
8,615.000
14,675,500
1,138,070
24,428,570
23,447,811
Total System of Lines
§15,251,000
$18,313,500
$1,510,194
$35,074,694
$33,819,545
Land Department. — Congress granted 10 sections of land per mile, by Act ap-
proved March 3, 1863. The estimated quantity within the limit is $2,932,784 acres,
of which 2,474,686 acres had been certified to the company to June 30, 1877. To De-
cember 31, 1877, sales had been made covering 643,598 acres. During 1877, 85,048
acres were sold for $423,477, averaging $4.98 per acre. The total cash receipts on
land account to December 31, 1877, were $1,697,482, and expenditures, $528,933 ;
balance, $1,168,549, which has been paid into the company's treasury. Bills for
time sales at date amounted to $2,271,047. These lands are appropriated as security
for the land-grant mortgage 7 per cent. gold_bonds. Of the Pottawattomie reserve
878 BAILROAD MANUAL OF THE UNITED STATES.
lands there still remain 78,158 acres, which are valued at $4.88 per acre. These
lands cover the Pottawattomie bonds and are their only security.
Directors (elected May 16, 1878). — Thomas Nickerson, Joseph Nickerson, Isaac
T. Burr, Alden Speare, C. J. Paine, F. H. Peabody, B. P. Cheney, and C. W. Pierce,
Boston, Mass. ; S. A. Kent, Chicago, 111. ; Thomas Sherlock, Cincinnati, O. ; B. F.
Stringfellow, Atchisou, Ks. ; C. K. Holiday, Topeka, Ks., and L. Severy, Lyon, Ks.
THOMAS NICKERSON, President Boston, Mass.
Wm. B. Strong, Vice-President and Gen. Manager .Topeka., Kans.
Secretary and Treasurer Edward Wilder.
Asst. Treasurer (Boston) George L. Goodwin.
General Superintendent .0. F. Morse.
Chief Engineer A. A. Robinson
Master Mechanic H. V. Faires.
Gen. Passenger & Ticket Agent Wm. F. White.
Gen. Freight A gent M. L. Sargent.
General Auditor A. N. Young.
Acting Land Agent A. S. Johnson.
PRINCIPAL OFFICE AND ADDRESS Topeka, Kans.
Fiscal Agency and Transfer Office No. 150 Devonshire St., Boston, Mass.
FLORENCE, EL DORADO AND WALNUT VALLEY R. R.
Line of Road. — Florence, Kans., to El Dorado, Kans 30 miles.
Sidings and other tracks, 1 mile. Gauge, 4 feet 8^ inches. Rail, 50 Ibs.
Constructed in 1877, and operated since August 1, 1877, by the Atchison,
Topeka and Santa Fe R. R. Co. The road will be extended south to the State Line.
Lease rental, 35 per cent, of gross earnings, but not less than 7 per cent, interest on
bonds and all taxes.
Rolling Stock. — None owned. Furnished by lessees.
Operations for the five months ending December 31, 1877. — Gross earnings — pas-
senger, $3,945.58; and freight, $2,786.59— total, $5,732.17. Operating expenses,
$3,536.25. Net earnings, $2,195.92.
Financial Statement. — Capital stock, $450,000; and 1st mortgage 7 per cent,
bonds, dated July 1, 1877, $310,000— total (representing cost of road to date), $760,-
000.
PRINCIPAL OFFICE AND ADDRESS No. 150 Devonshire St., Boston, Mass.
KANSAS CITY, TOPEKA AND WESTERN RAILROAD.
Line of Road. — Kansas City, Mo., to Topeka, Kans 66 miles.
Sidings and other tracks, 6.6 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
Consolidation (September 29, 1875), of the Lawrence and Topeka, and the Kansas
Midland R. R. Cos. The company purchased (August 1, 1875), the section of 16.5 miles
between Lawrence and De Soto, of which it had heretofore only a trackage lease ; it
was originally a part of the St. Louis, Lawrence and Western. The road w&s leased
to the Atcbison, Topeka and Santa Fe R. R. Co. from October 1, 1875, at 34 per
cent of the gross earnings, and now constitutes the main line of that company into
RAILROAD MANUAL OF THE UNITED STATES. 879
Kansas City. The two miles next to that city are owned by the Missouri River, Fort
Scott and Gulf R. R. Co., for which trackage is paid.
Rolling Stock.— None owned. Furnished by lessees.
Operations for the year ending December 31, 1877. — Gross earnings — passenger,
$111,077.39; freight, $270,838.69; express, $1,862.29, and miscellaneous, $1,549.89
—total, $385,329.26. Operating expenses, $220,461.13. Net earnings, $164,867.13.
Rental, $123,661.19 ; receipts from Pleasant Hill and De Soto R. R. while held by
purchasers, to September 1, $8,301.96; and other receipts, interest, etc., $3,418.85 —
total, $135,382.00. Payments— interest and gold premium, $62,412.77 ; taxes, $6,079,-
55; rentals and other charges to St. Louis, Lawrence and Western, $5,664.62; and
charges on account of P. H. and De Soto, $9,319.18— total, $84,739.87. Balance to
credit, $50,642.13.
Financial Statement.— Capital stock, $2,250,000 ; funded debt — 1st mortgage 7
per cent. 20-year gold bonds, dated July 1, 1875 ($1,000,000), $854,000, and income 7 per
cent. 30-year gold bonds, dated March 1, 1876, $230,000 ; uncalled coupons, $8,050,
and profit and loss (less construction, $19,290. 23), $92, 140.11— total liabilities, $3,434,-
190.11. Per contra : construction, $3,159,800 ; stock and income bonds (own),
$186,200; notes receivable, $76,966.58, and cash, $11,223.53— total, $3,434,190.11.
F. H. PEABODY, President . .Boston, Mass.
Thomas Nickerson, Treasurer " "
PRINCIPAL OFFICE AND ADDRESS No. 150 Devonshire St., Boston, Mass.
PLEASANT HILL AND DE SOTO EAILEOAD.
Line of Road. — Pleasant Hill, Mo., to De Soto, Kans 44.5 miles.
Sidings and other tracks, 4.5 miles. Gauge, 4 feet 8^ inches. Rail, 56 Ibs.
The St. Louis, Lawrence and Western was sold in foreclosure February 23, 1877,
and resold August 1, 1877 — the Western portion (16.5 miles), to the Kansas City,
Topeka and Western R. R. Co., and the Eastern (45 miles), to the Pleasant Hill and
De Soto R. R. Co. The Atchison, Topeka and Santa Fe R. R. Co. have operated the
road since March 7, 1877, as agents for the purchasers, and since August 1, 1877, as
lessees. Rental, 25 per cent, of gross earnings, but not less than 7 per cent, interest
on bonds and all taxes.
Rolling' Stock. — None owned. Furnished by lessees.
Operations for year ending December 31, 1877. — Gross earnings — passenger,
$949.74; freight, $6,382.62; and express, $41.82— total, $7,374.24. Operating ex-
penses, $3,856.09. Net earnings, $3,508.15. Previous to September 1, the K. C., T.
and W. R. R. Co. had paid charges to the amount of $9,319.12.
Financial Statement.— Capital stock, $450,000; and funded debt, 1st mortgage
7 per cent. 20-year bonds, dated August 1, 1877, $120,000 — total stock and bonds (rep-
resenting cost of road to present owners), $570,000.
PRINCIPAL OFFICE AND ADDRESS No. 150 Devonshire St., Boston, Mass.
PUEBLO AND AEKANSAS YALLEY EAILKOAD.
Line of Road.— West Line of Kansas to Pueblo, Col. 147 miles.
Sidings and other tracks, 3.75 miles. Gauge, 4 feet 8£ inches. Rail, 50 Ibs.
EAILEOAD WANUAL OF THE UNITED STATES. •
Consolidation (October 1, 1875) of the Pueblo and Arkansas Valley and the Col-
orado and New Mexico R. R. Co. ; and leased same date to Atchison, Topeka and Santa
FeR. R. Co. Road opened to Granada (C. and N. M. R. R.) May 10, 1873; to
Las Animas, September 23, 1875, and to Pueblo, March 1, 1876. The road is now
being extended from La Junta via Trinidad, to the boundary line of New Mexico,
95.5 miles, the estimate of cost being $1,012,000. For construction purposes an issue
of 7 per cent, gold bonds, at the rate of $12,000 per mile, has been determined on.
The New Mexico and Southern Pacific R. R. Co., the charter of which exempts their
property from taxation for 12 years, will further extend the line to Las Vegas, 118.5
miles, at an estimated cost of $1,033.532, which is being raised by a guaranteed 10
per cent, stock issue. Both the extension and New Mexico line will be leased to the
Atchison, Topeka and Santa Fe R. R. Co., the latter for the term of 10 years absolute.
It is expected to reach the southern line of Colorado by the close of the current year.
Boiling Stock. — None owned. Furnished by lessees.
Operations for the year ending December 31, 1877. — Gross earnings — passenger,
$71,629.11; freight, $143,150.16; mail, $825; express, $6,856.60; and miscella-
neous, $1,639.24— total, $226,100.61. Operating expenses, $106,841.22 ; net earnings,
$108,934.73. Lease rental (35 p. c.), $79,135.23 ; and rebate, $89,958.38— total, $169,-
094.61. From which were paid — interest and gold premium, $128,771.29 ; taxes, $7,-
001.28 ; and cancellation of bonds ($60,000), $49,449.21 ; surplus rebate, $1,273.91.
The rebate, 15 per cent, of joint earnings, is used for cancellation of bonds.
Financial Statement, — Capital stock, $3,000,000 ; funded debt, 1st mortgage 7
percent. 30-year gold bonds, dated July 1, 1875 ($12,000 p. m.), $1,719,000 ; uncalled
coupons, $315 ; surplus rebate, $1,273.91 ; and profit and loss, $235,345.91 — total lia-
bilities, $4,955,934.82. Per contra : Construction, $4,719,000 ; F. and A. V. bonds,
$110,000; Pueblo County bonds, $20,000; notes receivable, $111,945.78; and cash,
$2,589.04— total, $4,955,934.82.
Directors (elected May 11, 1878). — Joseph Nickerson, Thomas Nickerson, F. H.
Peabody, Isaac T. Burr, B. P. Cheney, and Geo. B. Wilbur, Boston, Mass.; and 0. H.
P. Baxter, Pueblo, Col.
JOSEPH NICKERSON, President Boston, Mass.
Treasurer Joseph Nickerson. | Asst. Treas. and Sec M. D. Thatcher.
PRINCIPAL OFFICE AND ADDRESS.. .No. 150 Devonshire St., Boston, Mass.
WICHITA AND SOUTHWESTEEN EAILEOAD.
Line of Road. — Newton, Kans., to Wichita, Kans 27 miles.
Sidings and other tracks, 2 miles. Gauge, 4 feet 8| inches. Rail, 50 Ibs.
Chartered March 2, 1868. Opened May 13, 1872. Leased to Atchisoii, Topeka
and Santa Fe R. R. Co., at 35 per cent of gross earnings.
Rolling1 Stock. — None owned. Furnished by lessees.
Operations for year ending December 31, 1877.— Gross earnings— passenger,
$30,384.28; freight, $63,047.69 ; mail, $1,890.00; express, $1,569.72; and miscella-
neous, $528.09— total, $97,419,78. Operating expenses, $42,506.56. Net earnings,
$54,913.22. Rental, 35 per cent, of gross earnings, $34,096.92.
RAILROAD MANUAL OF THE UNITED STATES. 881
Financial Statement.— Capital stock ($18,000 per mile), $486,000 ; funded debt,
1st mortgage 7 per cent, gold 20-year bonds, dated ($15,000 per mile), $405,000 ; and
floating debt (to lessees), $35,000— total (representing cost of road to date), $926,000.
ISAAC T. BURR, President Boston, Mass.
PRINCIPAL OFFICE AND ADDRESS. . .No. 150 Devonshire St., Boston, Mass.
JUNCTION CITY AND FOBT KEAENEY EAILEOAD.
Line of Road. — Junction City, Kan., to Clifton, Kan 50 miles.
Sidings and other tracks, 2.60 miles. Gauge, 4 feet 8i inches. Rail, 56 Ibs.
Opened to Clay Centre, February 13, 1873, and leased to Kansas Pacific Railway
Company. Extended to Clifton, February 1, 1878, and operated by Receivers of Kan-
sas Pacific Ry. , under joint traffic agreement. It is proposed to extend the road into
Republic County, during the current year.
Rolling1 Stock. — None owned. Furnished by K. P. Ry. Co.
Operations for the year ended December 31, 1877 :
Earnings. (33 Miles.) Expenditures.
From Passengers $10.810 70
" Freight 56,13071
" Mail, Express, etc 3,55319
$70,494 60
For .Maintenance of Way $8,911 28
" Rolling Stock 9,83993
" Transportation 13,271 38
$32,022 59
Balance — net earnings, $38,472.01. Payments — not reported.
Financial Statement.— Capital stock, $920,000 ; and funded debt, $760,000— total,
capital stock and bonds, representing cost of road, $1,680,000. The funded debt con-
sists of 1st mortgage 7 per cent, gold bonds, dated April 1, 1873, and payable April 1,
1903 ; interest, April and October.
D. M. EDGERTON, President St. Louis, Mo.
S. T. Smith, Secretary and Treasurer Kansas City, Mo.
PRINCIPAL OFFICE AND ADDRESS Kansas City, Mo.
KANSAS CENTEAL EAILEOAD. (In Progress.)
Line of Road. — Leaven worth, Kan., to Denver, Col About 500.0 miles.
rHolton, Ks., to Netawaka, Ks 10.5
Branches : j Clay Centrej KQ f to Salina> Ks . . .40.0— 50.5 "
Total length of road and branches as projected 550.5 "
In operation : Leaven worth to Onaga, Ks 84 miles.
Sidings, 1.68 miles. Gauge, 3 feet •£ inch. Rail, 30 and 35 Ibs.
This company was 'chartered May 31, 1871, and the road .opened to present ter-
minus December 14, 1877.
56
882 EAELKOAD MANUAL OF THE UNITED STATES.
Rolling Stock.— Locomotive engines, 5. Cars— passenger, 2 ; baggage, etc., 2;
freight, 85 ; service, 20.
Operations. — Not reported. Operated by contractors. Earnings used in con-
struction.
Financial Statement, December 31, 1877.— Capital stock paid in, $1,344,000 ;
funded debt, 12 per cent, currency bonds, dated July 1, 1877, due July 1, 1880, $110,-
000 ; floating debt, $50,000— total, $1,504,000. Per contra : Cost of construction, $1,-
342,116.31 ; equipment, $96,883.69 ; other assets, $65,000.
Directors (elected July 10, 1877).— L. T. Smith, Lucien gcott, P. E. Havens, J. C.
Stone, C. B. Brace, W. A. Martin, H. W. Gillett, A. Caldwell, and L. Wilson, Leav-
enworth, Ks. ; H. L. Newman, St. Louis, Mo. ; C. S. Stettauer, Chicago, 111. ; Louis
Stettauer, New York City ; D. E. Small, York, Pa.
L. T. SMITH, President Leavenworth, Ks.
Lucien Scott, Vice- President " "
Sec. and Treas P. E. Havens. | Superintendent W. A. Martin. | Engineer O. B. Gunn.
PRINCIPAL OFFICE AND ADDRESS Leavenworth, Ks.
KANSAS CITY, BUKLINGTON AND SANTA FE EAILKOAD.
Line of Road. — Ottawa, Ks., to Burlington, Ks. 42 miles.
Sidings, etc., 2 miles. Gauge, 4 feet 8^ inches. Rail, 56 Ibs.
This road was opened for a length of 25 miles during 1877, and the remainder
has been brought into operation March 27, 1878. No information as to operations or
financial condition is furnished.
PRINCIPAL OFFICE AND ADDRESS Kansas City, Mo.
KANSAS PACIFIC KAILWAY.
Line of Road. — Kansas City, Mo., to Denver City, Col 638.6 miles.
Branch line : Lawrence, Kan., to Leavenworth, Kan 34.0 "
Total length of all lines owned and operated 672.6 miles.
Sidings and other tracks, 63.86 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
Organized by the Territorial Legislature of Kansas as the Leavenworth, Pawnee
and Western Railroad in 1861. Name changed to Union Pacific Railway, Eastern
Division, June 6, 1863, and to the present name by Act of Congress, approved March
3, 1869. The Pacific Railroad Acts of July 1, 1862, and July 2, 1864, conferred on this
company a bond subsidy of $16,000 per mile, and a land grant of about 6,000,000
acres. The road was completed and opened for traffic from Kansas City, Mo., to Den-
ver City, Col., September 1, 1870.
In 1873 the company found themselves unable to pay the coupons on their bonds,
and Receivers were appointed November 3, 1876.
RAILROAD MANUAL OF THE UNITED STATES.
883
Rolling Stock.— Locomotive engines, 88. Revenue cars— passenger, 42 ; bag-
gage, mail and express, 17 ; and freight (box, 502, caboose, 37 ; stock, 351 ; and plat-
form and coal, 417), 1,307— total revenue cars, 1,366. Service cars, 16.
Operations for year ending December 31, 1877.— Trains run, passenger, 510,458;
freight, 916,990; other, 54,838— total, 1,483,286 miles. Passengers carried, 143,117 ;
carried one mile, 18,936,167. Freight moved, 337,520 ; moved one mile, 85,393,211
tons.
Earnings.
(672 miles.)
Expenditures.
From Passengers $690,062 10
•' Freight 2,329,430 17
" Mail, Express, etc 240,63591
Miscellaneous 24,605 88
$3,284,734 06
For Maintenance of Way $629,513 92
" Rolling Stock, etc 690,89475
" Transportation 478,847 62
" General Expenses 117,70045
$1,916,956 74
Balance, $1 ,367,777.32. Payments— not reported.
Abstract of operating accounts for seven years :
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Average Miles Oper'd
Locomotive Engines.
Passenger Train Cars
Freight Train Cars. .
Pass'ger Train Miles.
Freight "
Passengers
672.6
88
66
1,098
835,008
1,042,953
201,592
19,727,390
277,168
50,670,965
$
1,156,584 23
1,980,289 57
175,644 03
672.6
88
71
1,074
758,939
1,086,147
179,182
20,664,369
348,966
72,366,337
1,172,62433
2,294,299 11
256,789 74
672.6
88
73
1,163
684,757
967,295
174,651
23,569,686
263,405
61,989,443
$
1,242,206 09
2,077,169 67
243,923 73
672.6
88
62
1,107
536,659
640,150
138,935
22,025,044
247,203
62,474,805
$
1,111,70622
1,965,655 15
279,388 58
672.6
88
61
1,078
530,279
765,912
123,203
19,292,049
251,064
72,119,554
$
933,481 04
2,157,168 34
273,111 08
672.6
88
57
1,153
533,744
991,405
124,740
18,232,525
289,992
71,540,034
$ '
766,449 53
1,968,218 42
266,132 71
672.6
88
59
L307
510,458
916,990
143,117
18,936,167
337,520
85,393,211
$
690,062 10
2,329,430 17
265,241 79
Passenger Miles
Freight (tons)
Freight Miles . .
Earn'gs from Pass. . .
" " Freight
" " O. S'ces
Total Earnings..
Oper'g Exp. & Taxes.
3,312.517 83
2,303,589 96
3,723,713 18
2,229,265 77
3,563,299 49
2,116,990 59
3,356,749 95
1,671,045 57
3,363,760 46
1,790,879 95
3,000,800 66
1,782,818 53
3,284,734 06
1,916,956 74
1,008,927 87
1,494,447 41
1,446,308 90
1,685,704 38
1,572,880 51
1,217,982 13
1,367,77732
4,88360
2,85007
Earnings perroad-m.
Operating Exp. '
Net Earnings "
Proportion of Exp. . .
4,924 94
3,62490
5,53629
3,314 50
5.297 79
3,147 47
4,990 71
2,48460
5,001 13
2,662,68
4,461 49
2,65064
1,500 04
73.59 p. c.
2,221 79
59.89 p. c.
2,150 32
59.97 p. C.
2,50611
49.79 p. C.
2,338 51
53.25 p. c.
1,810 85
59.41 p. c.
2,033 53>
58.36 p. c.
General Balance, December 81, 1877.
Railway and Equipment $34,359,540 66
Stocks and Bonds 3,871,409 48
516,192 89
Materials and Bills Receivable
Sundry Assets 1,723,48682
Cash on Hand 291,08001
Balance, etc 2,089,40687
$42,851,116 73
Capital Stock $9,689,950 00
Funded Debt 22,181,60000
U.S. Subsidy Bonds 6,303,00000
Bills Payable 1,067,155 27
Other Liabilities (chiefly past due In.) 3,274,183 79.
Sundry Accounts 335,227 67
$42,851,116 73
884 BAILROAD MANUAL OF THE UNITED STATES.
Statement of funded debt in detail :
Amount of Bonds.
Classes of Bonds
Date of
Interest
Principal
Annual
Issue.
Payable
Payable.
Interest.
Auth'ized
Existing.
1st Mort. (E. Div. 140 m.), gold
Aug. 15, '65.
6p.c.
F. &A.
Aug. 1, '95.
2,240.000
2,240,000
134,400
" " (Mid. Div. 254m.), "
June 1, '66.
6
J. &D.
June 1, '96.
4,063,000
4,063,000
243,780
" " (Den. Div. 245m.), "
June 20, '69.
7
M. &N.
May 1, '99.
6,500,000
6,380,000
446,600
1st Land-grant Mortgage, gold.
July 1, '70.
Aug. 23, '71.
7
7
J. & J.
M. & S.
July 1, '80.
Sept. 1, '86.
2,000,000
1,500.000
1,623,250
1,500.000
113,627
105,000
Leavenworth Br. let Mg.,cur'cy
Jan. 1, '66.
7
M. &N.
May 1, '96.
600,000
600,000
42,000
Income Mortgage, currency —
July 1, '66.
7
M. & S.
July 1, '16.
4,275.350
4,275,350
299,275
Funding " "
Oct. 2, 76.
10
A. &0.
Oct. 1, '79.
1,500,000
1,500,000
150,000
Total Amount of Bonds and Annual Interest t]
lereon
23,178,350
22,181,600
1,534,682
The 1st mortgage bonds of the Eastern and Middle Divisions are secured on the
railway only. The like bonds of the Denver Division cover the railway and 3,000,-
000 acres of land lying west of the 394th milestone, and are further secured by a
sinking fund. They are also a third mortgage on the Eastern and Middle Divisions,
the Government lien constituting a 2d mortgage on all the company's property.
The currency land-grant mortgage bonds, dated March 1, 1866, cover 1,000,000
acres lying between the 140th and 294th mile-posts. They are all due, and now pay-
able.
The first land-grant mortgage bonds, dated July 1. 1870, cover all lands unsold
at date, lying east of the 380th mile-post. The second land-grant bonds cover the
same property.
The currency income bonds of 1866-1916 are secured by a third mortgage on the
Denver Division, and a 4th and 5th mortgage on the Middle and Eastern Divisions.
They are subordinate to all other bonds, and for the first five years non-interest-
bearing. Interest is always to depend on net income after interest on all prior liens,
and is payable in cash or lands at the option of the company. In fact, these bonds
rank as a preferred stock.
The interest on the funding mortgage bonds takes precedence of all other inter-
est claims, the coupons funded under the mortgage being held in trust, and available
instantly in case of default.
Abstract of stock and bonds for seven years :
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Capital Stock
$
8,972,500
$
9,638,950
S
9,689,950
S
9,689,950
$
9,689,950
S
9,689,950
$
9,689,950
Funded Debt
19,779,350
20,805,350
21,108 100
21 057 600
21 057 600
22 329 tlOO
22,181.600
U. S. Lien
6,303,000
6,303,000
6,303,000
6,303,000
6,303,000
6,303,000
6,303,000
Total Available
35,054,850
36,747,300
37,101 050
37050 550
37 050 550
38 322 550
38,174,550
Construction
33,409,606
34,183,273
34,312,541
34,359,541
34,359,541
34,359,541
34,359,541
Land Department.— The Congressional land grants (Acts, July 1, 1862, July 2,
1864, and March 3, 1869) between Kansas City and Denver City amount in the aggre-
gate to about 6,000,000 acres. These lands were opened for sale January 1, 1868, and
from that date to the close of 1873 the record shows that 883,363 acres had been dis-
BAILEOAD MANUAL OF THE UNITED STATES. 885
posed of for $2,403,528.91 — an average of $2.72 per acre. All lands are now in trust
for the benefit of bondholders. These lands are sold for cash, or part cash and part
notes, the latter bearing interest at 6 per cent., and made payable in one to five years.
One-half of the company's lands (3,000,000 acres) lying between the 380th mile-
stone and Denver City are covered by the mortgage for $6,500,000, dated June 20,
1869, and known as the "Denver Extension Mortgage." The lands under this mort-
gage were first offered for sale January 1, 1871, and from the proceeds of land sales
the trustees under this mortgage have purchased and canceled $105,000 of bonds.
All the lands lying east of the 380th mile-post unsold July 1, 1870 (not less than
2,000,000 acres), are covered by the mortgage of that date for $2,000,000. From the
sales-proceeds the trustees have purchased and canceled $309,750. The second land
grant mortgage, dated August 23, 1871 , covers the same lands, and will be redeemed
in a similar manner after the first mortgage has been satisfied.
The company pay the accruing interest on the land bonds ; the proceeds of sales
go immediately to the trustees under the mortgages, to provide for the cancellation
of the bonds.
Directors (elected May 2, 1878).— Robert E. Carr, D. M. Edgerton, Theo. G. Meier,
John D. Perry, S. M. Edgell, and Dwight Treadway, St. Louis, Mo. ; T. F. Oakes,
Kansas City, Mo. ; F. L. Ames, Boston, Mass. ; Sidney Dillon, Jay Gould, and A. H.
Holmes, New York.
Carlos S. Greeley, ) £eceivers j St. Louis, Mo.
Henry Villard, > '/ New York City.
ROBERT E. CARR, President St. Louis, Mo.
D. M. Edgerton, Vice- President and Secretary " "
Gen. Supt. — T. F. Oakes Kansas City. Mast, of Machinery — John McKenzie.Kansas City.
Supt.—T. W. L
'Engineer— E.
Chief Engineer— E. C. Smeed
Gen. Freight Agent — John Meier.
Gen. Ticket Agent— D. E. Cornell
Kansas City.
PRINCIPAL OFFICE AND ADDRESS St. Louis, Mo.
Transfer Office National Bank of Commerce, New York.
LAWEENCE AND SOUTHWESTEEN EAILEOAD.
Line of Road. — Lawrence, Kan., to Carbondale, Kan 31 miles.
Sidings, etc., 1 mile. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
This road is a portion of the former St. Louis, Lawrence and Western R. R.
No report of operations or financial condition is furnished.
PRINCIPAL OFFICE AND ADDRESS Lawrence, Kan.
LEAVENWOETH, LAWEENCE AND GALVESTON E. E.
Line of Road. — Lawrence, Kans., to Indian Territory 144.16 miles.
Branch Line : Stock Yards to Parker 1.80 "
Total length of road owned by company 145.96 miles.
886 BAILKOAD MANUAL OP THE UNITED STATES.
T d . j Kansas City and Santa Fe R. R. — Olathe to Ottawa 31.91 miles.
( Southern Kansas R. R. — Cherry vale to Independence 9.70 "
Missouri River, Fort Scott and Gulf (trackage)— Olathe to Kansas City. . 21.00 "
Total railroad operated by company 208.57 miles.
Sidings, 9.2 miles. Gauge, 4 feet 8^ inches. Rail, 57 Ibs.
The road was opened for through traffic in 1870. The road and all the com-
pany's property is advertised to be sold at Topeka, Kans., June 5, 1878, under a decree
of foreclosure by the Farmers' Loan and Trust Company, trustees for the mortgage
bondholders. The leases are in perpetuity, and the rentals of the leased lines were as
follows : of the Southern Kansas, interest on bonds, and a traffic rebate of 40 per
cent, for the purchase of bonds ; and of the K. C. and Sta. Fe interest and divi-
dends identical in rate with those paid by the lessees to their own stock and bonds.
No statistics of operations have been published since the returns for the year ended
April 30, 1873. Under Act of Congress of March 3, 1863, the company received a
land-grant of 10 sections per mile of road.
Rolling1 Stock. — Locomotive engines, 20. Cars — passenger, 20 ; baggage, mail
and express, 9 ; and freight, 255 — total, 284.
Operations for the year ending April 30, 1873 (latest reported). — Gross earnings,
$479.756.21 ; operating expenses, taxes, etc., $393,087.72— net revenue, $86,668.49.
Interest called for, $500,000 ; and leases, S. K., $12,800 ; and K. C. and Sta. Fe,
$72,000— total, $584,800.
Financial Statement.— Capital stock, $5,000,000 ; funded debt, 1st mortgage 10
per cent., 30-year sinking fund bonds, dated July 1, 1869, $5,000,000, and unpaid
coupons (8 years) $4,000,000— total $14,000,000. Cost of road and equipment (re-
port of 1872-73), $6,000,000.
H. H. HUNNEWELL, President Boston, Mass.
B. S. Henning, Receiver and Gen. Supt Kansas City, Mo.
George H. Nettleton, General Manager
Gen. Freight Agent G. N. Watkins.
Gen. Ticket Agent J. E. Lockwood.
Purchaser and Pay-Master A. H. Campbell.
Treas. and Sec. (Boston) Charles Merriam.
Local Treas. and Auditor C. H. Prescott.
Ass't Supt. and Train Master J. S. Barnes.
PRINCIPAL OFFICE AND ADDKESS Kansas City, Mo.
Fiscal Agency No. 26 Sears' Building, Boston, Mass.
KANSAS CITY AND SANTA FE KAILEOAD.
Line of Road. — Olathe, Kan., to Ottawa, Kan 31.91 miles.
Sidings and other tracks, 2 miles. Gauge, 4 feet 8£ inches. Rail, 57 Ibs.
The road was built in the interest of and leased in perpetuity to the Leaven worth,
Lawrence and Galveston R. R. Co. Rental — interest on bonds and dividend on stock
identical in rate to those paid by the lessees on their own bonds and stock.
Rolling Stock. — None owned. Furnished by lessees.
Operations. — Included in lessees' returns. Annual call for interest, $72,000 ;
none ever paid.
Financial Statement.— Capital stock, $720,000 ; and funded debt, 1st mortgage
RAILROAD MANUAL OF THE UNITED STATES. 887
10 per cent. 30-year bonds, dated May 6, 1871, $720,000. Total stock and bonds (rep-
resenting cost of road) $1,440,000.
PRINCIPAL OFFICE AND ADDRESS Kansas City, Mo.
Financial Agency No. 26 Sears' Building, Boston, Mass.
SOUTHEEN KANSAS KAILEOAD.
Line of Road. — Cherry vale, Kan., to Independence, Kan 9.70 miles.
Sidings and other tracks, 1 mile. Gauge, 4 feet 8£ inches. Rail, 57 Ibs.
This road was built in the interest of and is leased in perpetuity by the Leaven-
worth, Lawrence and Galveston R. R. Co. Rental — bond interest, and 40 per cent,
rebate on joint traffic, the latter to make a sinking fund.
Rolling Stock. — None owned. Furnished by lessees.
Operations. — Included in lessees' returns. Bonds call for $12,800. It is presum-
able that both rental and rebate have been paid.
Financial Statement. — Capital stock, $160,000; and funded debt, 1st mortgage
8 per cent, bonds, $160,000. Total (representing cost of road, etc.), $320,000.
PRINCIPAL OFFICE AND ADDRESS Kansas City, Mo.
Fiscal Agency No. 26 Sears' Building, Boston, Mass.
MISSOURI EIVEE, FOET SCOTT AND GULF EAILEOAD.
Line of Road.— Kansas City, Mo., to Baxter, Kan 159.92 miles.
Sidings and other tracks, 24.43 miles. Gauge, 4 ft. Si in. Rail (steel, 15.3 m.), 56 Ibs.
Company organized October 20, 1868 ; road completed May 2, 1870. The com-
pany made default on the interest of 2d mortgage bonds October 15, 1873, and those
of 1st mortgage bonds July 1, 1875. Under date of February, 1878, a circular pro-
posing the reorganization of the company was issued to the bondholders, which, if
carried out, will reduce the annual charge from $694,700 to $280,000. Under this
scheme 80 per cent, of the 10 per cent. 1st mortgage bonds will be exchanged for new
7 per cent, bonds, and 20 per cent, of the principal, and all coupons due to July 1, 1878,
into 8 per cent, preferred stock. The new mortgage will be secured additionally by
all proceeds of land sales. The 2d mortgage and overdue coupons, with 33^ per cent,
added, will be exchanged into common stock. The investments will then stand as
follows : 1st mortgage 7 per cent, bonds, $4,000,000 ; preferred (8 per cent.) stock,
$2,750,000 ; and common stock, $4,000,000— total, $10,750,000, or about $67,200 per
mile of road. In March, 1878, a Receiver for both road and land grant was appointed.
The present 1st mortgage bonds amount to $5,000,000, and the 2d mortgage bonds to
$1,947,000.
The Fort Scott, Southeastern and Memphis Railroad, now open from the main
line, 13.50 miles, is operated in connection with the Missouri River, Fort Scott and
Gulf R. R. under a traffic guarantee.
Rolling Stock, — Locomotive engines, 23. Cars — passenger, 10 ; baggage and
EAILEOAD MANUAL OF THE UNITED STATES.
mail, 6 ; caboose, 9 ; combination freight, 243 ; coal, 415— total revenue cars, 702-
Also, 2 service cars.
Operations for year ending December 31, 1877. — Trains run— passenger, 199,407 ;
freight, 318,265 — total, 517,672 miles. Passengers carried — through, 32,322; way,
93,534— total, 125,856 ; carried one mile, 4,977,670. Freight moved— south, 110,584 ;
and north, 306,011 — total, 416,595 ; moved one mile, 28,131, 154 tons.
Earnings. i Expenditures.
From Passengers $225,362 53 For Operating Expenses $450,314 15
" Freight 581,491 51
" Mail and Express 32,533 39
Miscellaneous 26,347 52
$865,734 05
Taxes 46,184 46
Construction 83,743 19
Equipment 58,315 70
$638,556 50
Balance — net revenue (26.23 per cent.) $227,177.55. Payments — not reported.
Abstract of operating accounts for seven years :
1871.
1872,
1873.
1874.
1875.
1876.
1877.
Passenger Train Miles
210,741
213,242
201 706
198 122
178 946
159 687
199 407
Freight " "
233,918
247,514
241 922
235048
258 379
280 892
318 265
Passengers
92,802
116,062
111 392
107413
106 152
119 658
125 856
Passenger, Miles
4,735,006
5,076,281
4 759 691
4 181 056
3 953 320
4 589 110
4 977 670
Tonnage
189,999
213,618
259,113
257,399
292 469
445 968
416 595
Tonnage, Miles
16,901,219
18 419,756
20 741 469
20 656 536
23 054 779
30 567 648
28 131 154
Passenger Earnings
$
275,029 24
$
222,747 72
$
204,095 53
$
205 538 37
' $'
187 208 31
$
207 822 24
$
225 362 53
366 843 30
391 500 89
433 637 63
447 490 22
443 71806
623 406 43
581 491 51
Mail and Express
3060000
29,784 29
2839020
27 889 60
29 879 20
31 226 12
32 533 39
Miscellaneous Receipts
11,409 81
37,977 98
41,858,97
12,481 52
17,067 65
39,639 25
26,347 52
683 882 35
681 910 98
707 982 33
693 399 71
677 843 22
902 094 04
865 734 05
Gross Expenses
424,980 56
425,181 74
492,657 60
409,478 57
480,932 78
672 871 87
638 556 50
Net Revenue
258,901 79
256,729 24
215,324 73
283,921 14
196 910 44
229 222 17
227 177 55
Gross Earnings, per Mile
Gross Expenses, per Mile
4,274 26
2,656 13
4,261 94
2,657 38
4,424 89
3,079 11
4,333 75
2,559 24
4,236 52
3,005 83
5,63809
4,205 45
5,410 84
3,990 98
Net Revenue, per Mile
Expenses to Earnings
1,618 13
62.0S p. c.
1,604 56
62.35 p. c.
1,345 78
69.59 p. c.
1,774 51
59.05 p. c.
1,23089
70.96 p. c.
1,432 64
74.59 p. c.
1.419 86
73.77 p. C.
General Balance, December 31, 1877.
Construction $4,274,604 30
Equipment 998,485 73
Lands 789,279 15
Supplies and Materials 108,800 45
Bills, Accounts, etc 163,02246
Boston Accounts 276,884 12
Profit and Loss 2,702,372 61
First Mortgage, 10 p. c. Bonds, 1893. . .$5,000,000 00
Second " " " 1890... 1,947,00000
First " Coupons Unpaid 1,251,25000
Second " " " 876,30000
Coupon Notes Payable 124,575 00
Trustees— K. C. & S. Fe R. R. Bonds. 217 15
Cash Borrowed 11,548 67
$9,303,448 82 $9,303,448 82
Boston Accounts— Cash, $35,449.07 ; bills receivable, $94,747.15 ; K. C. & S. Fe
R. R. bonds, $100,687.90; Ft. S., S. E. &M. R. R. bonds, $32,400; and Ft. S., S. E.
& Memphis stock, $3,600. Total (as above), $276,884.12.
Land Department. — Under an Act of Congress, approved March 3, 1877, the
lands received by the company under Act of July 25, 1866, were reconveyed to the
KATLKOAD MANUAL OF THE UNITED STATES. 889
Government. The lands now owned are those which have been granted by the State
of Kansas, originally about 125,000 acres, and those acquired by purchase, about
600,000 acres. To December 31, 1877, the sales amounted to 420,303.17 acres, at an
average of $5.39 per acre, or $2,265,656.20. The cash receipts to date had been
$1,076,793.67 from sales and^ interest, and $23,612.40 from other sources— total,
$1,100,406.09. Per contra: Remitted to company, $626,123.97 ; taxes, $467,814.79—
total, $1,093..938.76. Balance in hand, $6,467.33. The lands remaining unsold De-
cember 31, 1877, amounted to 308,782.39 acres.
Directors (elected May 2, 1878). — Nathaniel Thayer, H. H. Hunnewell, Sidney
Bartlett, William Field, William F. Weld, John A. Burnham, Charles Merriam, and
F. Gordon Dexter, Boston, Mass.; John N. A. Griswold, Newport, R. I.; E. P. Mc-
Donald, Fort Scott, Kan. ; Ira Harris and W. H. Harris, Rosedale, Kan.
H. H. HUNNEWELL, President Boston, Mass.
General Manager George H. Nettleton.
General Superintendent B. S. Henning.
Secretary and Treasurer (Boston). .Chas. Merriam.
Assistant Treasurer & Cashier C. H. Prescott.
Land Commissioner .... ... John A. Clark.
Asst. Supt. & Train Master J. L. Barnes.
General Ticket Agent J. E. Lockwood.
General Freight Agent J. N. Watkins.
Purchaser and Paymaster A. H. Campbell.
Master Mechanic — . . . J. S. McCrum.
PKTNCIPAL OFFICE AND ADDRESS Kansas City, Mo.
Financial Office and Transfer Agency .Sears' Building, Boston, Mass.
FOKT SCOTT, SOUTHEASTERN AND MEMPHIS K. K.
Line of Road. — Fort Scott Junction, Kan., to Coal Fields, Kan 13.50 miles.
Sidings and other tracks, 1.75 miles. Gauge, 4 feet 8i inches. Rail, 50 Ibs.
The immediate purpose of this road is the development of coal resources in
Southeastern Kansas. It was opened, 6.5 miles, in 1874, and to its present terminus
in November, 1877. It is operated under a traffic contract by the Missouri River,
Fort Scott and Gulf R. R. Co.
Financial Statement, December 31, 1877.— Capital stock authorized, $300,000;
and funded debt authorized, 1st mortgage 8 per cent. 20-year bonds, $15,000 per m.
Directors.— E. P. McDonald, C. F. Drake, and N. C. Nelson, Fort Scott, Kan.J
George H. Nettleton and C. H. Prescott, Kansas City, Mo.
E. P. MCDONALD, President Fort Scott, Kan.
PRINCIPAL OFFICE AND ADDRESS Fort Scott, Bourbon Co., Kan.
Financial Agency Sears' Building, Boston, Mass.
ST. JOSEPH AND WESTERN EAILEOAD.
Line of Road -1 ^' ^v< — West ®*- Joseph, Kan., to Marysville, Kan. 112 miles.
( W. Div. — Marysville, Kan., to Hastings, Neb 115 "
Total length of railroad owned and in operation 227 miles.
Sidings and other tracks, 11.35 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
890
BAILBOAD MANUAL OF THE UNITED STATES.
The Marysville and Palmetto and Roseport Railroad was chartered in Kansas,
February 17, 1857, and the name changed to St. Joseph and Denver City, April 17,
1862. The extensions beyond Marysville were built under the charters of the North-
ern Kansas R. R. Co., and the general railroad law of Nebraska ; and with these ex-
tensions the company acquired the lands granted by Act of Congress, approved July
23, 1866. The consolidation of these lines was effected August 11, 1866. The capi-
tal stock of the consolidated company was fixed at $10,000,000. Construction was
commenced in 1867, and 80 miles of road were opened in October, 1870. In October,
1871, 128 miles were completed, and in the year following, the road was opened to
its present terminus. The total amount expended in construction was $5,449,620.77,
of which $1,400 was from stockholders, $782,727.10 from the State and County sub-
sidies, and $4,665,493.67 from the sale of $6,755,900 mortgage bonds. Failing to
pay interest on their bonds the property of the company was placed in the hands of
a Receiver in 1874, and the road sold in foreclosure in November, 1875. The pur-
chasers reorganized in two companies — the Eastern Division as the St. Joseph and
Pacific, and the Western Division as the Kansas and Nebraska, Marysville being the
dividing point of the two organizations. Each company issued 1st mortgage bonds
to the extent of $1,900,000, and 2d mortgage bonds to the extent of $1,200,000. These
companies again consolidated March 29, 1877, with a capital of $10,000,000, and the
mortgage bonds as provided by the separate companies. The bonds are dated Janu-
ary 1, 1876, and have 30 years to run ; interest 7 per cent., and for the first five years
payable only if earned. Of the land grant, 300,000 acres are in the hands of trustees for
the benefit of the holders of land scrip issued to the extent of $2,250,000. This scrip
is exchangeable for land up to May 1, 1878, at the rate of $10 for each acre of land
taken. The road continues to be managed by the Receiver appointed on the applica-
tion of the Farmers' Loan and Trust Company, Trustees, under the mortgages of the
St. Joseph and Denver City Railroad Company.
Rolling Stock. — Locomotive engines, 13. Cars — passenger, 4 ; baggage, mail,
etc., 12; freight (box, 59, and platform 95), 154 — total cars, 170.
Operations for year ending December 31, 1877. — Trains run — passenger, 96,205 ;
freight, 241,945 — total revenue, 338,150 miles. Passengers carried, 28,943 ; carried
one mile, 1,549,287. Freight moved, 129,417 tons ; moved one mile, 13,938,570 tons.
E. Div., 112 M.
W. Div., 115 M.
Total, 227 M.
Freight Earnings
$315,853 06
53,144 85
11,886 05
$111,892 39
,17,776 25
8,333 42
$427,745 45
70,921 50
20,219 47
Passenger "
Mail, Express, etc. Earnings
Gross Earnings
$380r883 96
$330,578 60
38,949 45
$138,002 06
$137,782 19
15,312 38
$518,886 42
$468,360 79
54,261 83
Operating and Renewal Expenses
All Other Expenditures
Gross Expenditures
$369,528 05
$153,094 57
$522,622 62
Earnings over Operating and Renewals
$50,305 36
11,355 91
$219 87
$50,525 23
Earnings over all Expenditures
Earnings less than all Expenditures
15,092 51
3,736 60
All other expenditures consist of improvements, $9,642.83 ; new equipment,
$5,300 ; county and city taxes for 1874, '5, '6, $31,019.00 ; interest on Receiver's certifi-
cates, $900 ; and company expenses, $7,400 ; total, $54,261.83.
RAILROAD MANUAL OF THE UNITED STATES. 891
Receiver's Balance Sheet, December 31, 1877.
Receiver's Assets Jan. 1, 1877 $30,301 60
Gross Earnings, E. D $380,883 96
" " W. D.... 138,602 06
518,886 42
Receiver's 10 p. c. Certificates (E. D.).. . 19,000 00
Bills and Accounts Payable 67,419 43
$635,607 05
Receiver's Liabilities Jan. 1, 1877. $70,885 25
Operating Expenses 373,906 69
Renewal Expenses 94,454 10
Taxes and other Expenses 54,261 83
Assets on Accounts, $16,449.32, Cash,
$11,321.47, and Supplies, $14,328.39. . . 42,099 18
$635,607 05
The floating debt is $25,320.25, or, including certificates, $44,320,25. There
was also due and unpaid at the close of the year a large amount of taxes, for the pay-
ment of which the court had ordered Receiver's certificates to be issued and sold.
The Receiver's certificates (Eastern Division), are dated February 1, 1877, and bear
interest at the rate of 10 per cent, per annum.
Financial Statement (nominal). — Capital stock authorized, $10,000,000; issued,
$3,300,000 ; and funded debt, 1st mortgage, $3,800,000, and 2d mortgage, $2,400,000 ;
total stock and bonds, representing cost of road and equipment, $10.200,000.
All the bonds are 7 per cent., and all are payable 30 years after January 1, 1876.
Interest for the first five years is payable only on the condition that it has been
earned, and is not cumulative. These bonds are made out in the names of the St.
Joseph and Pacific and the Kansas and Nebraska companies, each respectively having
provided one-half the amount of the two classes of bonds.
Land Department. — The lands received from the United States, amounting to
about 300,000 acres, have been transferred to H. H. Butterworth and Charles W.
Hassler, Trustees, to secure $2,250,000 land scrip issued by the Kansas and Nebraska
Railway Company. This scrip is receivable for land at the rate of $10 per acre until
May 1, 1878, after which date the proceeds of all lands sold by the Trustees will be
used for its redemption.
Directors (elected March 29, 1877).— J. F. Navarro, R.^W. Donnell, H. H. But-
terworth, Wm. Bond, Charles W. Hassler, Alfred Mitchell, Louis Fitzgerald, New
York City ; E. J. C. Atterbury, Trenton, N. J. ; F. W. Huidekoper, Meadville, Pa. ;
A. M. Saxton, St. Joseph, Mo. ; J. D. Brumbaugh, Marysville, Kan. ; E. Knowles,
Seneca, Kan.
WILLIAM BOND, President and Receiver St. Joseph, Mo.
Gen. Manager L. D. Tuthill.
Treasurer E. H. Saville.
Secretary Alfred Mitchell.
Land Commissioner.
Road Master J. T. Fanning.
Master Transportation Joseph Hansen.
Gen. Ticket & Freight Agent J. W. Atwill.
.Alfred Mitchell.
PRINCIPAL OFFICE AND ADDRESS St. Joseph, Buchanan Co., Mo.
Fiscal and Transfer Agency.. (Hassler & Co.), No. 7 Wall St., New York City.
SOLOMON EAILEOAD. (In Progress.)
Line of Road. — Solomon (K. P. Ry.), Kan., to Kirwin, Kan 140 miles.
The road is expected to be put in operation to Minneapolis, Kan., 23 miles, July 1,
1878, and to Beloit, Kan., 37 miles further, in October, 1878. The company was organ-
892
RAILROAD MANUAL OF THE UNITED STATES.
ized August 13, 1877, and the road is to be operated under traffic agreement by the
Kansas Pacific Ry. Co.
Financial Statement.— Capital stock, $2,000,000.
D. M. EDGERTON, President St. Louis, Mo.
Secretary— D. D. Hoag Minneapolis, Kan. j Treasurer— Geo. E. Burnham. . .Minneapolis, Kan.
PRINCIPAL OFFICE AND ADDRESS Minneapolis, Kan.
UNION PACIFIC KAILBOAD (CENTRAL BEANCH).
Line of Road. — Atchinson, Kan., to Waterville, Kan 100 miles.
Sidings, etc., 5.65 miles. Gauge, 4 feet 8| inches. Rail, 50 Ibs.
This company was chartered as the Atchison and Pike's Peak R. R. Co., February
11, 1859, and the road opened January 20, 1868. It was intended to extend it to a
junction with the Union Pacific R. R. near Fort Kearney, about 250 miles from pres-
ent terminus. It was one of the branches provided for in the Act incorporating the
Union Pacific R. R. Co.
Rolling^Stock. — Locomotive engines, 6. Cars — passenger, 6 ; baggage, mail, and
express, 3 ; freight (box, 41 ; stock, 7 ; platform 79), 127 — total, 136 cars.
Operations for year ending December 31, 1876 (latest reported). — Trains run,
124,330 miles. Passengers carried, 17,310. Freight moved, 53,805 tons.
Earnings.
From Passengers $35,674 05
" Freight 114.164 93
Miscellaneous 23,33965
Expenditures.
Operating Expenses $131,839 57
Net Earnings 41,789 06
$173,178 63 $173,178 63
Payments not reported.
The company made default in payment of interest on its bonds May 1, 1873.
The principal stockholders have recently built an extension called the Waterville and
Washington R. R. and also the Republican Valley R. R., both operated by this Co.,
from which an accession of business is expected.
Financial Statement.— Capital stock, $1,000,000 ; funded debt, 1st mortgage 6 per
cent, gold bonds, dated May 1, 1865, $1,600,000. The company received a Govern-
ment subsidy of $16,000 per mile, which is a second lien on the road. The cost of
the road was $3,763,708.
Directors (elected November, 1877).— W. C. Wetmore, Henry Day, C. S. Par-
sons, A. S. Barnes, E. H. Nichols, New York ; Oliver Ames, W. G. Weld, R. M. Pom-
eroy, Boston, Mass.
R. M. POMEROY, President Boston, Mass.
Supt. &Land Com.—W. F. Downs.. Atchison, Kan. \ Secretary— T. M. Sother. New York City.
Treasurer— E. H. Nichols New York City.
PRINCIPAL OFFICE AND ADDRESS Atchison, Kan.
Fiscal Office Pine Street, New York.
RAILROAD MANUAL OF THE UNITED STATES.
[REPUBLICAN YALLEY KAILKOAD.
893
Line of Road. — Greenleaf, Kan., to Concordia, Kan 41.6 miles.
Sidings, etc., 2 miles. Gauge, 4 feet 8| inches. Rail, 50 Ibs.
This road was opened at the close of 1877, and is leased to the Union Pacific Cen-
tral Branch R. R. Co., for $40,000 per annum.
No statement of operations is furnished. Funded debt, $060,000 6 per cent, bonds.
Officers, etc. — Same as Union Pacific Central Branch R. R. Co.
WATEKVILLE AND WASHINGTON EAILEOAD.
Line of Road. — Waterville, Kan., to Washington, Kan 20 miles.
This road is leased in perpetuity to the Union Pacific Central Branch R. R. Co.,
at an annual rental of $20,000, and all its operations are included in the report of that
company. Funded debt, $320,000 6 per cent, bonds.
R. M. POMEROY, President Boston, Mass.
PRINCIPAL OFFICE AND ADDRESS Atchison, Kan.
TERRITORY OF WYOMING.
Area, 97,883 square miles. Population, 23,036. Assessed valuation, $6,371,206.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Tracks.
Length of Lines.
Total.
Wyoming.
1. Colorado Central [Colorado.
Ft. In.
4 8*
4 m
4 8#
M.
136.00
106.00
1,042.40
M.
7.50
10.00
454.50
2. Denver Pacific [Colorado.
1 3. Union Pacific [Nebraska.
Total Length
_1,284.40
472.00
894
BAILROAD MANUAL OF THE UNITED STATES.
ST_ATE OF OOLORA.DO.
Area, 104,500 square miles. Population, 94,328. Assessed valuation, $44,130,205.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Tracks.
Length of Lines.
Total.
Colo.
1. Arkansas Valley
Ft. In.
4 :8#
4 :8^
3 :
4 :8#
4:8X
3 :
3 :
3 :
4 :8X
4 :8#
4:8X
M.
75.50
136.00
42.26
27.00
101.00
307.50
16.20
5.37
672.60
148.82
1,042.40
M.
75.50
128.50
42.26
27.00
91.00
307.50
16.20
5.37
193.82
148.82
9.00
2. ) n i j " /~i i ( Main Line. .
3. \ Colorado Central | Branch Line.
4. Denver and Boulder Valley (Denver Pacific) . . .
5. Denver Pacific (Kansas Pacific)
6. Denver and Rio Grande
7. Denver, South Park and Pacific
8. Golden, Boulder and Caribou
9. Kansas Pacific [Kansas
10. Pueblo & Ark. Val. (A., T. & S. F. in Kan.) ....
11. Union Pacific [Nebraska
Total Length
2,574.65
1,044.97
ABKANSAS VALLEY EAILWAT.
Line of Road.— Kit Carson, Col., to Pueblo, Col 140.0 miles.
In operation : Kit Carson, Col., to La Junta, Col 75.5 "
Sidings and other tracks, 3.8 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
Chartered by the Territorial Legislature of Colorado in 1872. Road opened to
La Junta, December 20, 1875.
The lease to the Kansas Pacific Ry. Co. was given up, and the road ceased to be
operated October 16, 1877, the earnings being less than operating expenses. It was
sold under foreclosure, May 8, 1878, to J. D. Perry and D. K. Ferguson, purchasing
committee for bondholders.
BAILKOAD MANUAL OF THE UNITED STATES. 895
Operations for year ending December 31, 1876 (latest reported). — Train mileage
— included in that of Kansas Pacific Ry. Passengers carried, 2,633 ; carried one
mile, 112,763. Freight moved, 16,045 tons; moved one mile, 955,315 tons. Earn-
ings, $57,770.53. Operating expenses, $48,129.65.
Financial Statement.— Capital stock (authorized, $3,000,000) paid in, $1,520,000;
and funded debt ($20,000 per mile), $1,125,000— total stock and bonds (representing
cost of road), $2,645,000. The funded debt consists of 1st mortgage 7 per cent, gold
bonds, dated April 1, 1873, and payable April 1, 1903. Interest payable April and
October.
CARLOS S. GREELEY, President St. Louis, Mo.
Treasurer and Secretary D. M. Edgerton.
PRINCIPAL OFFICE AND ADDRESS St. Louis, Mo.
COLOEADO CENTRAL RAILROAD. (In Progress.)
Line of Road. — Denver, Col., to Julesburg, U. P. Railroad, Col 237.00 miles.
In operation : Denver, Col., to Hazard, Wy. T 136.00 "
Branch : Golden, Col., to Black Hawk and Georgetown, Col 42.26 "
Total length of line completed and in operation 178.26 miles.
Rolling Stock. — Locomotive engines, 3. Cars — passenger, 2 ; baggage, mail and
express, 2 ; freight, 6 ; and coal, 12 — total, 22.
Operations for year ending December 31, 1877. — Not reported.
Financial Statement. — Capital stock, $1,369,300 ; 1st mortgage bonds — interest,
8 per cent, gold, payable June and December, $615,500 — total, $1,984,300.
All other information refused.
W. A. H. LOVELAND, President and General Manager .Golden, Col.
Oliver Ames, Vice-President Boston, Mass.
Secretary— E. L. Berthoud Golden, Col.
Treasurer — J. C. Hummell "
Superintendent— O. H. Henry " "
Auditor— F. Nichols Golden, Col.
j- W. G. Brown Denver, Col.
PRINCIPAL OFFICE AND ADDRESS Golden, Col.
DENVER AND BOULDER YALLEY RAILROAD.
Line of Road.— Hughes, Col., to Boulder City, Col 27 miles.
Sidings and other tracks, 3.92 miles. Gauge, 4 feet 8i inches. Rail, 56 Ibs.
Opened to Boulder City, September 17, 1873. Leased for 99 years from October
18, 1873, to Denver Pacific, and operated at a rental of 45 per cent, of gross earnings,
the same to be applied toward the payment of interest.
Rolling Stock. — None owned. Furnished by lessees.
Operations for year ending December 31, 1877. — Train miles run, 31,304. Pas-
896
RAILROAD MANUAL OF THE UNITED STATES.
sengers carried', 5,606 ; carried one mile, 125,955. Freight (tons) moved, 91,844 ;
moved one mile, 1,456,502. Fiscal results as follows :
Earnings.
From Passengers $9,440 32
" Freight 56,043 68
" Mail, Express, etc 2,24394
Miscellaneous 60 68
$67,788 62
Operating Expenses.
For Maintenance of Way $10,946 94
" Rolling Stock 8,73107
" Transportation 12,55082
Miscellaneous 1,821 31
$34,050 14
Balance — net revenue, $33,738.48. Interest on funded debt, $41,406.86 ; taxes,
$6,632.01 ; and other charges, $8.22 — total payments charged against net revenue,
$48,047.09. Apparent deficit, $14,308.61.
Financial Statement, December 31, 1877.— Capital stock, $700,000 ; and funded
debt, 1st mortgage 7 per cent, gold 30-year bonds, dated December 31, 1871, and due
November 1, 1900 (coupons M. and N.), $550,000 — total stock and bonds (representing
cost of road), $1,250,000.
Directors (elected May 6, 1878).— John D. Perry, S. M. Edgell, St. Louis, Mo. ;
T. F. Oakes, Kansas City, Mo. ; John Pierce, R. R. McCormack, W. S. Cheeseman,
and D. H. Moffat, Jr., Denver City, Col.
JOHN PIEKCE, President Denver City, Col.
W. S. Cheeseman, Vice- President " " "
PRINCIPAL OFFICE AND ADDRESS Denver City.
DENYEK PACIFIC EAILWAY.
Line of Road* — Denver City, Col., to Cheyenne, Wyoming Ter 101 miles.
Sidings and other tracks, 5.50 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
The Denver Pacific Ry. was constructed under the charter of the Union Pacific,
E. D. (Kansas Pacific) Ry. Co., and under the Act of March 3, 1869, the land grant
for that road between Denver and Cheyenne was transferred to them. The road was
opened for traffic June 23, 1870.
It was placed in the hands of Receivers April 3, 1878.
Rolling Stock. — Locomotive engines, 6. Revenue cars — passenger, 4 ; baggage,
mail, and express, 3 ; freight, 2 ; and coal, 30. Other cars are leased.
Operations for year ending December 31, 1877. — Passenger trains run, 77,274 ;
freight trains, 36,417; and other, 530 — total, 114,221 miles. Passengers carried,
17,718; passengers carried one mile, 1,500,747 miles. Freight moved, 126,078 tons ;
freight moved one mile, 4,397,073 tons.
Earnings.
From Passengers $106,633 32
" Freight Traffic 161,95038
" Mail, Express, etc 31,70529
Miscellaneous 1,557 32
$301,846 31
Expenditures.
For Maintenance of Way $43,957 87
" Rolling Stock 40,420 65
" Transportation 46,716 00
Miscellaneous 16,290 55
$147,385 0?
RAILROAD MANUAL OF THE UNITED STATES.
897
Balance, $154,461.24. Payments from revenue — interest on funded debt, 175,-
644.65; State and municipal taxes, $25,244.29 ; and other charges, $10,628.91 — total
payments, $211,407.85. Deficit, $57,036.61.
General Balance, December 31, 1877.
Railway and Rolling Stock $6,495,850 00
Materials and Fuel on Hand 6,164 55
Current Accounts 280,067 70
CashonHand 86,787 26
Capital Stock $4,000,000 00
Funded Debt 2,350,000 00
Bills Payable 8,863 66
Other Liabilities 201,623 97
Balance 257,88188
$6,818,369 51 $6,818,369 51
The "funded debt" consists of 1st mortgage 7 per cent, gold bonds, dated April
10, 1869, and payable May 1, 1899, $2,350,000. Interest May 1 and November 1. The
original issue amounted to $2,500,000, secured on the railway, and 997,994 acres of land.
Interest on $550,000 bonds of Denver and Boulder Valley R. R. Co., guaranteed.
Directors (elected May 6, 1878).— Carlos S. Greeley, John D. Perry, R. E. Carr,
Adolphus Meier, and D. M. Edgerton, St. Louis, Mo. ; F. L. Ames, Boston, Mass. ;
F. B. Crocker, W. S. Cheesman, D. H. Moffat, Denver, Col.
D. M. EDGERTON, President and Receiver St. Louis, Mo.
G. W. Clayton, Receiver Denver, Col.
Secretary R. R. McCormack. | Treasurer D. H. Moffat, Jr.
PRINCIPAL OFFICE AND ADDRESS Denver, Col.
DENVEE AND KIO GEANDE EAILWAY. (In Progress.)
Line of Road. — Denver City, Col., to El Paso, Texas 850.0 miles.
In operation : Denver City, Col., to El Moro and Garland, Col 264.6 "
Branch : Pueblo, Col., to Cafion City and Coal Mines 42.9 "
Sidings, 12 miles. Gauge, 3 feet. Rail, 30 and 35 Ibs. Steel rail, 56 miles.
Opened to Pueblo, June, 1872. The branch to Canon Coal Mines was opened
October 16, 1872. From Pueblo to El Moro and La Veta the road was opened in 1876,
and to Fort Garland in 1877. Since the close of the year the line was extended
31 miles to Alamosa, and it was brought into operation June 15, 1878.
Boiling Stock. — Locomotive engines, 26. Cars— passenger, 13; baggage, mail,
and express, 9 ; freight (box, 160 ; platform, 209 ; stock, 30 ; coal, etc., 90), 489 — total
revenue cars, 511. Also, 110 working cars.
Operations for year ending December 31, 1877. — Trains run — passenger, 181,354 ;
freight, 352,158 ; other, 171,426— total, 704,938 miles. Passengers carried, 47,552 ;
carried one mile, 3,869,426. Freight moved, 132,838 tons ; moved one mile, 14,336,-
871 tons.
Earnings.
From Passengers $208,736 01
" Freight 520.258 95
" Mail, Express, etc 44,327 11
Expenditures.
For Maintenance of Way $128,364 63
" Rolling Stock and Motive Power. . . . 140,644 19
" Transportation, etc .... 161,637 27
$773,322 07 $430,646 09
Balance — net earnings, $342,675.98, used in payment of extensions to line.
57
898 RAILROAD MANUAL OF THE UNITED STATES.
Abstract of operations and financial condition for four years :
Miles
R. R.
Train
Miles.
Pas-
eengers.
Tons
Freight
Gross
Earnings.
Net
Earnings.
Capital
Stock.
Funded
Debt.
Cost of Con-
struction.
1874
120
353,254
33,227
55,436
$379,142
$183,516
$4,500,000
$2,410,000
$6,910,000
1875
120
382,231
28,171
57,969
363,096
155.029
4,500,000
3,273,500
7,773.500
1876
120
591,976
27,824
78,794
388,846
161,600
7,000,000
6,140,500
13,140,500
1877
307
704,958
47,552
132,838
773,322
342,676
8,500,000
6,628,751
15,349,500
General Balance, December 31, 1877.
Construction and Equipment $15,349,500 00
Materials, etc 787,75603
Coupons Funded 311,780 00
59,28478
42,985 50
20,087 12
13,633 52
Sundry Dues, etc
Deficit Ark. Valley Br
Cash and other Assets
Union Contract Co. Advances.
$15,885,026 95
Statement of funded debt in detail :
Capital Stock $8,500,00000
Funded Debt 6,628,751 05
Bills Payable 248,318 80
Discount, etc 126,400 00
Pay Rolls, etc 130,610 13
Sundry Accounts
35,593 77
Balance, Income Account 215,383 20
$15,885,026 95
Character of Bonds.
Date of
Issue.
Rate,
p. c.
Interest
Payable.
Principal
Payable.
Authorized.
Outstand-
ing.
Main Line 1st Mortgage
Nov. 1, 1870.
7 g.
May and Nov.
Nov. 1, 1900.
$14,000,000
$5,177,500
Ark Valley Br., 1st Mort
May 1,1872.
7*
u tt
May 1, 1902.
1,040,000
1,040,000
10 Year Coupon Certificates ....
May 1, 1877.
7"
t( t(
May 1, 1887.
311.780
3 Year English Loans
May 1, 1877.
12
Quarterly.
May 1, 1880.
69,414
5 Year do.
Oct. 1, 1875.
6
Apr. and Oct.
Oct. 1, 1880.
30,057
The outstanding bonds are apportioned among tlie different divisions as follows :
Denver to Pueblo, 120 miles $2,410,000
Pueblo to El Moro coal Mines, 86 miles. . 1,667,000
Pueblo to Canon City, 43 miles $1,040,000
Cucharas to Ft. Garland, 35 miles 538,780
Total for the various divisions as above, $6,529,280.
The interest due May 1, 1877, was not paid by the company, and arrangements
were made to fund the coupon then due, as well as that falling due in November,
1877, the proceeds to be used for construction purposes.
Directors (elected February 26, 1878).— William J. Palmer, New York City ; W.
A. Bell, Win. Wagner, C. B. Lamborn, Colorado Springs, Col. ; and A. C. Hunt, Ala-
mosa, Col.
Trustee of Mortgage. — L. H. Meyer, New York City.
WILLIAM J. PALMEE, President . . .New York City.
Wm. A. Bell, Vice-President Colorado Springs, Col.
Treasurer — R. F. Weitbrec ..Colorado Springs.
Secretary— Wm. Wagner "
Superintendent— W. W. Borst ... "
Gen. Ticket Agent— J). C. Dodge. Colorado Springs.
Purch. Agent— John Pratt "
Chief Engineer— J. A. McMurtrie "
PRINCIPAL OFFICE AND ADDRESS Colorado Springs, Col.
New York Office Coal and Iron Exchange, 17 Cortlandt Street.
RAILROAD MANUAL OF THE UNITED STATES. 899
DENVEE, SOUTH PAEK AND PACIFIC EAILEOAD.
(In Progress.)
Line of Road.— Denver, Col., to Fort Yuma About 800.0 miles.
In operation : Denver. Col. , to Morrison, Col 16.2 "
No report of the operations or financial condition of this company is furnished.
It is intended to connect by a route through the South Park of Colorado with the
Southern Pacific R. R. line. All information refused.
JOHN EVANS, President Denver, Col.
PRINCIPAL OFFICE AND ADDRESS Denver, Col.
GOLDEN, BOULDEE AND CAEIBOU EAILEOAD.
Line of Road. — Boulder, Col., to Coal Mines, Col 5.37 miles.
Sidings, 0.5 mile. Gauge, 4 feet 8J inches. Rail, 56 Ibs.
This road was opened toward the close of 1877. No report of operation or
financial condition is furnished.
T. G. LYSTER, President Boulder, Col.
PRINCIPAL OFFICE AND ADDRESS Boulder, Col.
900
EAILBOAD MANUAL OF THE UNITED STATES.
TERRITORY OF
Area, 84,476 square miles. Population, 149,362. Assessed valuation, $31,715,911.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES,
Gauge of
Tracks.
Length of Lines.
Total.
Utah.
Ft. In.
3 :6
3 :
4:8*
3 :
4:8K
4:8tf
3 :
t:>
3 :
M.
16.00
15.00
1,203.35
7.50
1,042.40
36.50
80.00
75.00
37.00
16.25
M.
16,00
15.00
151.60
7.50
71.50
36.50
80.00
75.00
37.00
16.25
2 Bingham Canon and Camp Floyd
3 Central Pacific [California.
4 Summit County
5. Union Pacific [Nebraska.
6 Utah Central
7 Utah Northern
8 Utah Southern
9 Utah Western
10. Wasatch and Jordan Valley •
Total Length
2,529.00
506.35
AMERICAN FORK RAILROAD.
Line of Road. — American Fork City, Utah Ter.,to Deer Creek, Utah Ter. ..16 m.
Sidings and other tracks, 3 miles. Gauge, 3 feet 6 inches. Rail, 30 Ibs.
Organized May 11, 1872. Road completed in November, 1872. Now owned
exclusively by Messrs. Rowland and A spin wall, No. 54 South St., New York City.
Rolling1 Stock. — Locomotive engine, 1. Cars — passenger, 2 ; coal, 2 ; platform, 22.
Operations. — Not reported.
Financial Statement. — Cost of property, $420,000. No bonds or other encum-
brances. All other information refused.
EZRA HUMPHREY, General Manager. . . .Salt Lake City, Utah Ter.
PRINCIPAL OFFICE AND ADDRESS Salt Lake City, Utah Ter.
EAILEOAD MANUAL OF THE UNITED STATES. 901
BINGHAM CAKON AND CAMP FLOYD EAILEOAD.
Line of Road. — Sandy, Utah Ter., to Bingham City, Utah Ter 15 miles.
Sidings and other tracks, 5.33 miles. Gauge, 3 feet. Rail, 35 Ibs.
Rolling Stock. — Locomotive engines, 4. Cars — passenger, 4; freight and ore,
156— total cars, 160.
Construction was commenced in 1873, and the road opened early in 1875.
Operations for the years ending December 31,
Earnings.
Expenses.
Profits.
1875
$202.534 25
$107,441 78
$95 092 47
1876
138,753 56
58,890 79
79 862 77
1877
129,078 79
55,360 57
73,718 22
Financial Statement. — Capital stock authorized and subscribed, $600,000 ; and
paid in, $210,000 ; and debts (all liabilities), $250,000. Cost to date, $478,644.88.
Directors (elected October, 1877).— C. W. Scofield, New York ; Ezra Hum-
phrey, G. M. Young, George Goss, Salt Lake City, Utah ; B. W. Morgan, Pittsburg, Pa.
C. W. SCOFIELD, President New York City.
Treasurer & Superintendent Ezra Humphrey. | Secretary & Asst. Superintendent G. M. Young.
PRINCIPAL OFFICE AND ADDRESS Salt Lake City, Utah.
SUMMIT COUNTY KAILEOAD.
Line of Road.— Echo, U. T., to Wasatch, U. T 7.5 miles.
Sidings, 1 mile. Gauge, 3 feet. Rail, 30 and 35 Ibs.
Chartered November 29, 1871. Road opened July 1 1873.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 1 ; freight (coal), 40.
Operations for year ending December 31, 1875. — Freight moved, 25,572. Gross
earnings, $28,027.56 ; operating expenses, $19,079.67— net earnings, $8,947.89. All
later information refused.
Financial Statement. — None furnished.
W. N. RIKER, President and Superintendent Coalville, U. T.
Treasurer— LeGrand Young Salt Lake City. | Road Master— W. P. Brown Coalville, U. T.
PRINCIPAL OFFICE AND ADDRESS Coalville, U. T.
UTAH CENTEAL KAILEOAD.
Line of Road.— Ogden, Utah Ter., to Salt Lake City, Utah Ter 36.5 miles.
Sidings and other tracks, 1.83 miles. Gauge, 4 ft. 8| in. Rail (steel, 2£ m.), 56 Ibs.
Chartered December 15, 1869, and opened for traffic January 9, 1870.
902
KAILROAD MANUAL OF THE UNITED STATES.
Rolling Stock. — Locomotive engines, 6. Care — passenger, 7; baggage, mail,
etc., 5 ; freight (box, 18, and platform, 10), 28— total, 40.
Operations for year ending April 30, 1877. — Trains run — not reported.
Earnings.}
From Passengers $77,088 15
" Freight 316,28890
" Mail and Express 5,51934
Miscellaneous 27,358 84
$426,855 23
Expenditures.
For Maintenance of Way $29,063 08
" Boiling Stock 61,52825
" Transportation 53,832 17
Miscellaneous 11,569 72
$155,993 22
Balance, net earnings (63.46 per cent.), $270,862.01. Payments from net earn-
ings—interest and sinking fund, $66,104.31 ; dividends (J. A. J. & O.), $165,099, and
other charges, $9,799.26. Surplus, $29,839.44. One dividend of 2 and three dividends
of 3 per cent, were paid. In 1875-76 the dividends aggregated 9 per cent.
Financial Statement. — Capital stock, $1,500,000 ; 1st mortgage 6 per cent. 20-
year gold bonds, dated July 1, 1872, and interest January and July, $1,000,000, etc.
Cost of road and equipment, $2,500,000.
Directors (elected June 1, 1877). — John Sharp, William Jennings, William H.
Hooper, and John Sharp, Jr., Salt Lake City, Utah Ter. ; Sidney Dillon, New York,
N. Y.
JOHN SHARP, President and Gen. Supt. . .Salt Lake City, Utah Ter.
William Jennings, Vice- President " "
Treasurer L. S. Hills.
Secretary George Swan.
Assistant Superintendent John Sharp, Jr.
Chief Engineer J. W. Fox.
Road Master John L. Leavitt-
Master of Machinery Henry Brough.
Master Car Builder Joseph Tuchnem-
Purchasing Agent L. H. Hill-
Ticket and Freight Agent John Sharp, Jr.
PRINCIPAL OFFICE AND ADDRESS Salt Lake City, Utah Ter.
UTAH NOKTHEBN KAILKOAD.
Line of Road. — Ogden, Utah Ter., to Franklin, Idaho Ter 80 miles.
Sidings and other tracks, 5 miles. Gauge, 3 feet. Rail, 30 Ibs.
The road was advertised to be sold in foreclosure March 20, 1878, and the com-
pany will be reorganised as the Utah and Northern. The extension of the line into
Idaho and Montana Territories is in progress, and it is expected that 120 to 130 miles
will be completed this year.
Rolling Stock. — Locomotive engines, 5. Cars — passenger, 2 ; and baggage, etc.,
5. No freight cars reported.
All information as to operations or financial condition refused.
Directors (elected October, 1877) — R. M. Bassett, Birmingham, Conn. ; Joseph
Richardson, Benjamin Richardson, and Jay Gould, New York, N. Y. ; M. Salisbury
and John Sharp, Salt Lake City, Utah Ter. ; Moses Thatcher, George W. Thatcher,
Logan, Utah Ter. ; Lorin Farr, Ogden, Utah Ter. ; G. Smith, Brigham, Utah Ter. ;
EAILEOAD MANUAL OF THE UNITED STATES. 903
M. W. Morrill, Richmond, Utah Ter. ; W. B. Preston, Logan, Utah Ter. ; and M.
D. Hammond, Providence, Utah Ter.
R. M. BASSKTT, President Birmingham, Conn.
W. B. Preston, Vice-President Logan, Utah Ter.
Treasurer R. S. Campbell. | Secretary M. Thatcher. | Superintendent... George Thatcher.
PRINCIPAL OFFICE AND ADDRESS Ogden, Utah Ter.
UTAH SOUTHERN RAILROAD.
Line of Road.— Salt Lake City, Utah Ter., to York, Utah Ter 75 miles.
Sidings and other tracks, 7 miles. Gauge, 4 feet 8^ inches. Rail, 56 Ibs.
Rolling Stock. — Locomotive engines, 4. Cars — passenger, 6 ; baggage, 2 ; way,
1 ; freight, 42— total, 51.
Operations for year ending December 31, 1877.— Gross earnings, $278,652.67 ;
and operating expenses, $137,921.57. Net earnings, $140,731.10.
Financial Statement.— Capital stock ($15,000 per mile), $1,125,000. Funded
debt, 1st mortgage 7 per cent, bonds, dated July 1, 1871, and payable, interest semi-
annually, January and July, and principal July 1, 1891, $1,500,000. Cost of property,
as represented by stock and bonds, $2,625,000.
Directors. — John Sharp, Feramorz Little, Salt Lake City, U. Ter. ; and Jay
Gould and Sidney Dillon, New York, N. Y.
JOHN SHARP, President and Superintendent . .Sailt Lake City, U. Ter.
isurer L. S. Hills. I Chief Engineer Jesse W.
ttury H. S. Young. | Purchasing Agent Samuel H.
PRINCIPAL OFFICE AND ADDRESS Salt Lake City, Utah Ter.
UTAH WESTERN RAILROAD.
Line of Road.— Salt Lake City, Utah Ter., to Stockton, Utah Ter 45 miles.
In operation : Salt Lake City to present terminus. 37 "
Sidings and other tracks, 1 mile. Gauge, 3 feet. Rail, 30 Ibs.
The company was chartered in 1874, and purchased the franchises of the Salt
Lake, Sevier Valley and Pioche R. R. Co.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 5 ; freight, 22 —
total, 27.
Operations for year ending December 31, 1877. — Not reported. All information
refused.
Financial Statement.— Capital stock, $900,000; and funded debt, $720,000—
total, $1,620,000.
Directors (elected July 20, 1877).— LeGrand Young, W. W. Riter, H. P. Kimball,
904
EAILEOAD MANUAL OF THE UNITED STATES.
S. B. Young1, N. Groesbeck, James Sharp, H. B. Clawson, and John W, Young, Salt
Lake City, U. Ter. ; and William C. Ryalch, New York, N. Y.
LEGRAND YOUNG, President Salt Lake City, U. Ter.
Chief Engineer H. Doremus.
Treasurer James Jack.
Secretary and Purchasing Agent W. W. Kiter.
Superintendent H. P. Kimball.
PRINCIPAL OFFICE AND ADDRESS Salt Lake City, Utah Ter.
WASATCH AND JORDAN YALLEY EAILROAD.
Line of Road.— Sandy, Utah Ter., to Alta City, Utah Ter 16.25 miles.
Sidings and other tracks, 6 miles. Gauge, 3 feet. Rail, 30 Ibs.
Built in 1872, from Sandy up Cottonwood Canon to Granite, 10 miles. The
road changed owners in 1875, and the new company built to Alta, 8 miles, completing
it that year. It now connects the Utah Southern and the Bingham Canon and
Camp Floyd R. Rs. Nine miles of snow-shed have been constructed, at a cost of
$80,000, enabling the company to operate their road throughout the year.
Rolling Stock. — Locomotive engines, 3. Cars — passenger, 4; baggage, etc., 1;
freight, 245— total cars, 250.
Operations for the fiscal years ending December 31,
Earnings.
Expenses.
Profits.
$42000 00
$24 985 00
$17 015 00
1876 (year)
115,816 56
63,487 70
52 327 86
1877 ( u ) .,
146,842 65
75,072 18
71,770 47
Financial Statement, December 31, 1877. — Capital stock, authorized and sub-
scribed, $500,000, and funded debt, $355,000. The funded debt consists of 1st mort-
gage 9 per cent, gold, 20-year gold bonds, dated July 1, 1873, of which $220,000 has
been sold. Cost of works to date, $504,083.81.
Directors. — C. W. Scofield, New York ; Ezra Humphrey, G. M. Young, Salt
Lake City, Utah ; B. W. Morgan, Pittsburg, Pa. ; George Goss, Salt Lake City, Utah.
C. W. SCOFIELD, President New York City.
Treasurer and Superintendent. . .Ezra Humphrey. | Secretary G. M. Young.
PRINCIPAL OFFICE AND ADDRESS Salt Lake City, Utah.
RAILROAD MANUAL OF THE UNITED STATES.
905
STA.TE OF
Area, 104,125 square miles. Population, 58,719. Assessed valuation, $29,564,673.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Tracks.
Length of Lines.
Total.
Nevada.
1. Central Pacific [California
Ft. In.
4 :8^
3 :
3 :
3 :
4 :8%
M.
1,203.35
97.00
8.75
21.25
57.50
M.
446.76
97.00
8.75
21.25
57.50
2. Eureka and Palisade
3. Lake Tahoe (on California-Nevada Line)
4. Pioche and Bullion ville
5. Virginia and Truckee
Total Length..
1,387.85
631.26
EUEEKA AJSTD PALISADE KAILEOAD.
Line of Road. — Palisade, Nev. , to Eureka, Nev 90 miles.
Branch line : Eureka, Nev., to Ruby Hill, Nev 7 "
Sidings and other tracks, 10 miles. Gauge, 3 feet. Rail (all steel), 35 Ibs.
Chartered March, 1874, and road opened September, 1876. Eureka is the chief
town in the White Pine Mining District. Palisade is a principal station on the Central
Pacific Railroad.
Rolling* Stock. — Locomotive engines, 7. Cars — passenger, 3 ; baggage, mail and
express, 2 ; freight (box, 21 ; stock, 3 ; platform, 55 ; ore, 40), 119— total, 124.
Operations for year ending December 31, 1877. — No returns. A passenger train
both ways, daily ; a freight train on alternate days. All other information refused.
Financial Statement. — None furnished. The road and equipment have cost
about $1,000,000. No funded debt.
Directors (elected September 3, 1877).— Edgar Mills, San Francisco, Cal. ; P.
Everts, W. H. Shaw, and William 0. Mills, Jr., Eureka, Nev.
EDGAR MILLS, President San Francisco, Cal.
Treasurer— D. O. Mills & Co Sacramento, Cal.
Secretary— J '. E. Duff Eureka, Nev.
Superintendent — P. Everts "
Master of Machinery— &. Olsen Palisade, Nev-
Master Uar Repairs— A. Risequie "
Freight tfe Ticket Agt..T. F. Lawler. " «•
PRINCIPAL OFFICE AND ADDRESS Eureka, Nev.
906 EAILEOAD MANUAL OF THE UNITED STATES.
LAKE TAHOE NARROW-GAUGE EAILKOAD.
Line of Road.— Glenbrook, Nev., to Summit, Cal 8.75 miles.
Sidings and other tracks, 2.5 miles. Gauge, 3 feet. Rail, 30 Ibs.
This road leaves the Central Pacific at Summit, and extends to the mines in the
neighborhood of Lake Tahoe. All other information refused.
PRINCIPAL OFFICE AND ADDRESS Summit, Cal.
PIOCHE AND BULLIONYILLE KAILKOAD.
Line of Road.— Pioche, Nev., to Bullionville, Nev 21 miles.
Sidings and other tracks, 2 miles. Gauge, 3 feet. Rail, 30 Ibs.
All further information refused. The road is chiefly used for the transportation
of ores. The Eureka and Palisade R. R. Co. are said to have purchased it, and will
make it an extension of their own tracks.
PRINCIPAL OFFICE AND ADDRESS Bullionville, Nev.
VIRGINIA AKD TRUCKEE RAILROAD.
Line of Road. — Reno, Nev., to Virginia City, Nev 57.5 miles.
Branch, 5.5 miles. Sidings, 39.5. Gauge, 4 feet 8£ inches. Rail (steel), 60 Ibs.
The mileage of this branch is included in that of main line.
This company was chartered in 1869, and the road opened in October, 1872. It
passes through Carson City, the State capital. In the 21 miles between Carson City
and Virginia City, it has enough curves to make seventeen complete circles.
Rolling1 Stock.— Locomotive engines, 24. Cars — passenger, 10 ; baggage, mail,
and express, 4 ; freight (box, 7 ; platform, 237 ; ore, 123), 367— total, 381.
Operations for year ending December 31, 1877. — Freight car mileage, 2,863,459
miles. Freight moved, 534,099 tons ; moved one mile, 15,538,611. Further iuforma-
ion refused.
Financial Statement. — None furnished by company. The cost of the road is
said to have been about $60,000 per mile. All other information refused.
Directors. — D. O. Mills, San Francisco, Cal. ; H. M. Yerington and D. L. Bliss,
Carson City, Nev. ; J. P. Martin, I. L. Regua, B. C. Whitman, F. A. Tritle, and
W. H. Blauvelt, Virginia City, Nev.
D. O. MILLS, President San Francisco, Cal.
H. M. Yerington, Vice- President and Gen. Supt. Virginia City, Nev.
Treas. — Agency Bank of California.. Virginia City.
Secretary— W. M. Thornton "
Chief Engineer — I. E. James Carson City.
Gen. Tkt. Agt.—E. Mills Carson City.
Gen. Fr. Agt.—D. A. Bender "
Purch. Agent— G. P. Mason
Master of Transportation— Harry Hunter Carson City.
PRINCIPAL OFFICE AND ADDRESS Carson City, Nev.
RAILROAD MANUAL OF THE UNITED STATES.
907
STA.TE OF
Area, 188,981 square miles. Population, 704,455. Assessed valuation, $618,083,315.
RAILROADS IN OPERATION, JANUARY 1, 1878.
COKPORATE TITLES.
Gauge of
Length c
»f Lines.
Tracks.
Total.
California.
i
1. Amador Branch (Central Pacific)
Ft. In.
4 :8#
M.
27.05
M.
27.05
2. Berkeley Branch. (Central Pacific)
4 :8#
3.15
3.15
3. California Northern
4 :8#
26.50
26 50
4. California Pacific (Central Pacific)
4 :8X
138.18
138 18
5. Central Pacific
4 :8#
1,203.35
60499
6. Los Angeles and Independence (Southern Pac.)
7. Los Angeles and San Diego (Southern Pacific).
8. Mendocino
4 :8#
4 :8#
3 :
16.67
26.90
3.50
16.67
26.90
3 50
9. Monterey and Salinas Valley
3 :
18.50
18.50
10. Nevada County Narrow-Gauge
3 :
22 64
22.64
11. Northern (Central Pacific).
4 :8#
82 20
82.20
12 . North Pacific Coast
3 :
76 25
76.25
13. Pittsburg
4 : S%
5 33
5.33
14. Sacramento Valley and Placerville
4 : 8#
49 48
49.48
15. San Francisco and North Pacific
4 : 8#
72 00
72.00
16. San Luis Obispo and Santa Maria Valley
3 :
10 75
10.75
17. San Pablo and Tulare
4 : 8%
28 28
28 28
18. San Rafael and San Quentin (North Pac. Coast)
19. Santa Cruz
3 :
3 :
3.50
21 16
3.50
21 16
20. Santa Cruz and Felton
3 •
9 00
9 00
21. South Bay (and Land Company)
4 • 8#
4 00
4 00
22. Southern Pacific
4 • 8/tf
713 75
713 75
23. South Pacific Coast.
3 •
29 75
29 75
24. Stockton and Copperopolis (Central Pacific). . .
25. Stockton and Visalia (Central Pacific)
4 :8tf
4 : 8X
29.99
18.66
29.99
18 66
26. Vaca Valley and Clear Lake. . .
4 • 8#
30 00
30 00
27. Visalia
4 • 8tf
7 33
7 33
Total Length
2 677 87
2 079 51
908
EAILROAD MANUAL OF THE UNITED STATES.
CALIFOKNIA NOKTHEKN KAILEOAD.
Line of Road. — Marysville, Cal., to Oroville, Cal 26.50 miles.
Sidings and other tracks, 0.50 mile. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
Chartered June 29, 1860, and opened in 1863 and 1865. Default having been
made on the 1st mortgage coupons, the property is in the hands of a Receiver pend-
ing foreclosure proceedings.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 2 ; express and bag-
gage, 1 ; and freight (box, 6 ; and platform, 7), 13 — total, 16 ; service cars, 4.
Operations for year ending June 30, 1877. — Trains run— 20,000 miles. Gross
earnings, passenger, $18,175.71 ; and freight, $17,990.24— total, $36,165.95. Oper-
ating expenses, $32,585.93 ; net earnings, $3,580.02. Interest paid, $600 ; surplus
for year, $2,980.02. Total surplus, including $8,831.23 from previous year, $11,-
811.25.
Financial Statement. — Capital stock, $964,000 ; funded debt, 1st mortgage 10
per cent, coin bonds, dated 1861, and due 1881, $850,000 ; and profit and loss, $11,-
811.25. Per contra: Cost of road and equipment (original contract), $1,751,780;
and balance, not accounted for, $74,031.25. Total, $1,825,811.25.
Receiver— William Corcoran Marysville, Cal. | Superintendent— Andrew J. Binney. Marysville, Cal-
PRINCIPAL OFFICE AND ADDRESS Marysville, Cal.
Receiver's Office No. 2098 Market St., San Francisco, Cal.
CALIFOKNIA PACIFIC KAILEOAD.
Line of Road. — South Vallejo, Cal., to Sacramento, Cal 60.17 miles.
Branches • \ Napa Junction, Cal., to Calistoga, Cal 34.45 "
\ Davis, Cal., to Marysville, Cal 43.56 "
Total length of railroad owned by the company, June 30, 1877 138.18 miles.
Sidings, etc., 19.20 m. Gauge, 4 feet 8i inches. Rail (steel 8.99 m.), 50 and 56 Ibs.
Steam Ferry. — South Vallejo, Cal., to San Francisco, Cal 26.25 miles.
The California Pacific R. R. Co., chartered December 23, 1869, is a consolidation
of the California Pacific and the California Pacific Extension R. R. Cos. (chartered
respectively January 6, 1865, and April 5, 1869). The Ca. P. R. R. Co. of 1865 was a
consolidation of the San Francisco and Marysville R. R. Co., chartered October 26,
1857, and the Sacramento and San Francisco R. R. Co., chartered December 2, 1862.
The Extension was chartered as the Napa Valley R. R. Co., March 2, 1864. The
final consolidation was perfected January 10, 1870.
The whole of this property is leased from July 1, 1876, to July 1, 1905, to the
Central Pacific R. R. Co. The rental is fixed at $550,000 per annum, payable in
coin, and in addition three-fourths of the net earnings in excess of the amount.
The Northern branch of the Northern Railway — Woodland to Williams, 39.20
KAILKOAD MANUAL OF THE UNITED STATES.
909
miles — is also leased to the Central Pacific R. R. Co., and is operated under the same
system as the California Pacific R. R.
Rolling Stock. — Locomotive engines, 12. Cars — passenger (1st cl., 12; and 2d
cl., 5), 17; express and baggage, 6; freight (caboose, 2; box, 86; and platform
152), 190 — total, 213. Also, 34 service cars ; 1 steam ferry-boat and 1 barge.
Operations for year ending December 81, 1877.— Trains run— passenger, 127,417 ;
freight and mixed, 126,029 ; other, 22,318— total, 275,759 miles. Passengers carried,
318,906 ; carried one mile, 14,348,842. Freight moved, not reported.
Earnings.
From Passengers. . v $558,728 48
" Freight 402,41797
" Mail, Express, etc 29,094 89
Miscellaneous 85,608 58
Expenditures.
For Maintenance of Way $144,253 28
" Rolling Stock 51,54298
" Transportation 420,02899
Miscellaneous 93,355 72
$1,025,849 36
Balance, net earnings,' $316, 668.39. Miscellaneous payments from net income,
$49,475.84. Balance to lessees, $267,192.55. Rental paid by lessees, $550,000.
Abstract of operations, etc., for four years :
1874.
1875.
1876.
1877.
Freight Moved
192,808
289,277
299,728
300 839
" one Mile
10,412,790
10,031,852
11,440 349
(No return )
" Earnings
$441,483 95
$478,881 27
$623,391 57
$647,406 20
4.20
4.50
4.25
Passengers Carried .
822,865
808,106
339,681
835,341
" one Mile
10,955,582
12,21-2,250
13,628,552
(No return.)
Passenger Earnings
$561,991 64
$567,857 77
$597,408 16
$606,421 49
Average Rate per Passenger Mile (cents).
4.33
4.60
4.40
Profit and Loss Account, July 1, 1871, to June 80, 1877.
Earnings to June 30, 1876 $4,891,752 15
Net Income from other sources 155,574 64
Balance to Juiie 30, 1876 598,854 92
Total to June 80, 1878 $5,646,181 71
Interest on Investments, etc., 1876-77. $96,066 70
Lease Rental, 1876-77.... 550,00000
Balance to June 80, 1877 683,177 26
$1,329,243 96
Operating Expenses to June 80, 1876. .$2,907,685 92
Interest not charged to Permanent In-
vestment 2,738,545 79
Total to June 30, 1876 $5,646,181 71
Balance to June 30, 1876 $598,854 92
Interest accrued on Bonds 598,500 00
Interest accrued on other accounts. . . . 131,889 04
$1,329,243 96
General Balance, December 81, 1877. j
Cost of Construction $18,841,664 71 Capital Stock $12,000,000 00
Funded Debt 6,850,000 00
BillsPayable 1,309,04184
Other Liabilities 822,440 98
Current Accounts 446,927 43
'* Equipment . ;
395,013 88
Real Estate, etc
131,150 40
Bills Receivable
117,593 90
Cash and Other Assets
792,56$ 88
Profit and Loss
650,818 98
$20,928,410 25
$20,928,410 26
910 KAILEOAD MANUAL OF THE UNITED STATES.
Statement of funded debt in detail (after liquidation) :
Classes of Bonds.
Date of
Issue.
Eate.
Interest
Payable.
Principal
Payable.
Amount
Author-
ized.
Amount
Issued.
Annual
Charge.
1st Mortgage, gold . .
Jan. 1, 1867.
7 p. c.
J. and J.
Jan. 1, 1887.
$2 250 000
$2,250,000
$157/00
2d Mort. (end. byC.P.),gold.
3d Mort. (end. by C.P.) g. A.
3d Mort. (end. by C. P.), g. B.
Aug. 9, 1871.
July 1, 1875.
July 1, 1875.
6 "
6 "
3 "
J. and J.
J. and J.
J. and J.
Jan. 1, 1891.
July 1, 1905.
July 1, 1905.
1,600,000
2,OCO,000
1,000,000
1,600,000
2,000,000
1,000,000
•
96,000
120,000
30,000
There were also outstanding, May 1, 1878, $1,200 income bopds, and $197,000
California Pacific R. R. Extension Go's bonds, each to be exchanged for a smaller
amount of series A and B of the 3d mortgage bonds.
Directors (elected July 11, 1877).— R. P. Hammond, George E. Gray, J. L. Wil-
cutt, N. T, Smith, C. F. Crocker, C. J. Robinson, and J. O. B. Gunn, San Francisco,
Cal.
R. P. HAMMOND, President San Francisco, Cal.
"Vice-President George E. Gray. | Treasurer J. L. Wilcutt. | Secretary J. O. B. Gunn.
PRINCIPAL OFFICE AND ADDRESS San Francisco, Cal.
CENTEAL PACIFIC EAILEOAD.
Line of Road* — San Francisco, Cal., to Ogden, Utah 882.89 miles.
Oregon Division : Roseville, Cal., to Redding, Cal 152.22
Visalia Division : Lathrop, Cal., to Goshen, Cal 146.08
San Jose Division : Niles, Cal., to San Jose, Cal 17.54
( Alameda Station to Melrose \
Branches : j Oakland Wharf to Brooklyn ( 14.65 —330.49
^ Oakland Point to Mastichs )
Main line and branches now in operation 1,213.38 miles.
Second and side track, 169.47 m. Gauge, 4 ft. 8£ in. Rail, 56 Ibs. ; steel rail, 296.21 m.
The mileage here given is from the latest annual report. Congress, in 1876,
ordered the main line of the Pacific Railroad to be remeasured, which was done with
great precision ; and the report, recently published, makes the length of the Central
Pacific -j^Vo mile greater than the measurement on which bonds were issued. The
total length of the main line from San Francisco to Ogden Station is now given at
883.6 miles, and of main line and branches, at 1,213.6 miles.
The company also operates under contract the Tulare and Los Angeles Divisions
of the Southern Pacific Railroad.
The Central Pacific Railroad Company is a consolidation of the Central Pacific
R. R. Co., organized October 8, 1864, the California and Oregon, organized June 30,
1868, the San Francisco and Oakland, organized October 21, 1861, the San Francisco
and Alameda, and the San Joaquin Valley, organized February 5, 1868. The con-
solidation dates from August 22, 1870. The prior consolidations were as follows :
RAILROAD MANUAL OF THE UNITED STATES.
911
Central Pacific (chartered June 28, 1861) i Central Pacific
Western Pacific (cli. December 13, 1862)) Western Pacific (consol. !• (consol. June 23,
San Francisco Bay (org'd Sept. 25, 1868) f Nov. 2, 1869.) 1870).
California and Oregon (ch. June 30, 1865) >
Tuba (chartered November 17, 1862) (. California and Oregon (consol. Dec. 18, 1869).
Marysville (ch. Nov. 29, 1867) )
San Francisco and Oakland (ch. October 21, 1861)) gan Prand Oakland and Ala-
Alameda (org. March 2C > 1863) meda (congol June29 187Q
S. F., Alameda and Stockton (org. Dec. 8, 1863).. .. '
In connection with the Union Pacific Railroad, the Central Pacific forms a con-
tinuous line from San Francisco, Cal., to Omaha, Neb., in length 1,916 miles, and
there connecting with the lines eastward. Construction was commenced in February,
1863, and the whole line between Sacramento and Ogden opened May 10, 1869. The
Union Pacific Railroad was completed on the same day. The Western Pacific R. R.,
between Sacramento and San Francisco, was completed at a later date ; in the mean-
time connection was made by steamboats.
The company also operates the California Pacific, the Northern, and the Stockton
and Copperopolis R. Rs., and their accounts are separately kept.
Rolling' Stock. — Locomotive engines, 228. Revenue cars — passenger, 232 ; bag-
gage, mail and express, 49 ; and freight (box, 2,551 ; platform, 1,711), 4,262 — total,
4,543. Service cars, 659 ; snow-plows, 9.
Floating Stock. — Ferry steamers, 9. River steamers, 14. Barges, 13. Total
vessels, 36.
Statement of railroad and rolling stock for seven years :
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Railroad— Miles
90031
1,094.19
1 218 93
1 21893
1,212 83
1 21283
1 212 83
1,213.38
Sidings, etc. — Miles
65.37
87.97
119.09
140.89
146.32
152.86
169.47
169.47
Total Track — Miles
965.68
1,182.16
1,838,02
1,359.82
1,359.15
1,365.69
1,382.30
1,382.85
Locomotive Engines
179
179
179
188
188
203
228
228
167
172
193
220
220
225
236
232
Baggage, etc., Cars
35
35
40
40
40
42
49
49
Freight Cars
2,307
3,069
3.560
3,602
3,671
3,687
4,116
4,262
Total Revenue Cars
2,509
3,276
3,793
3,862
3,931
3,954
4,401
4,543
Operations for year ending June 30, 1877. — Trains run — passenger, 1,762,710 ;
freight, 3,574,582— total, 5,337,292 miles. Passengers carried, through, 93,440 ; local,
6,182,539— total, 6,275,979. Freight moved, through, 187,633; local, 1,380,675—
total, 1,568,308 tons.
Earnings.
From Passen. through.. $2,546,608 14
" " way ... 8,017,261 93— $5,563,870 07
" Freight, through.. 3,336,760 63
way.... 6,758,58924— 10,095,34987
" Mail and Express 491,086 57
Miscellaneous 835,620 21
$16,985,926 72
Expenditures.
For Maintenance of Way $2,073,592 03
" MotivePower 1,835,53743
" Car Repairs, etc 555,57114
" Transportation 2,706,71283
" Ferry Service 371,66906
Miscellaneous 778,554 12
$8,321,636 61
•
J KAILKOAD MANUAL OF THE UNITED STATES.
Balance, net earnings, $8,664,290.11. Of the earnings, $5,883,368.77 were in
currency, the remainder in coin. All the operating expenses are given in coin, the
average discounts of currency being 7.25 per cent. The earnings in coin were $16,517,-
853.49. Net earnings, coin, $8,196,216.88. Earnings in currency, $17,715,397.87;
operating expenses, do, $8,924,955.26 ; net earnings, do, $8,790,442.61. Disposition
of net earnings shown in profit and loss account.
Profit and Loss Account, Year ending June 30, 1877.
Balance from previous year $10,040,868 85
Earnings, Coin and Currency 18,985,926 66
Steam Line, etc.
604,547 80
Interest, Sinking Fund 182,566 82
Earnings, Operated Lines 1,326,632 60
" Stockton and Cop. R. R. . . 17,966 13
Land Bonds Redeemed 592,000 00
Operating expenses, Coin and Cur. . . $8,326,614 21
Expenses, Steam Lines, etc 482,365 82
Dividends (8 per cent.) 4,342,040 00
Interest on Funded Debt 3,236,510 00
Expenses, Operated Lines 832,821 95
LeasedLines 985,267 51
Discount, taxes, etc 1,614,95448
$19,820,573 57
$29,730,041 86
Balance, surplus at close of fiscal year, $9,909,468.29.
The following is a statement by months of the earnings, operating expenses, and
earnings over operating expenses, for the last half year of 1877 : •
Months, 1877.
Total Earnings
In Currency.
Operating Ex-
penses in Cur.
Earnings over
Operating Exp's.
$1,891,867 41
$590,807 51
$801 059 90
1,362,071 56
607,896 89
754,174 67
1,441,293 18
578,439 17
862,854 01
1,806,382 80
784,498 31
1,071,884 49
1,855,774 19
816,584 53
1,039,189 66
1,354,882 01
644,631 19
710,250 82
$9,212,271 15
$3,972,857 60
$5,238,413 55
The gross earnings for the previous six months of 1877 were $7,460,642.73; op-
erating expenses, $4,005,933.10; net earnings, $3,454,709.63. The total result for
the year ending December^!, 1877, was as follows : gross earnings, $16,672,913.88 ;
operating expenses, $7,978,790.70. Earnings over operating expenses, $8,694,123.18.
Statement of Earnings and Expenses yearly since opening of the road :
Year.
Earnings.
Operating Expenses.
Coin.
Currency.
Total Coin
and Currency.
Coin.
Currency.
Total Coin
and Currency.
1864 and 1865
1866
$519,095 84
864,268 16
1,433,645 74
2,312,017 15
5,670,822 25
4,083,132 48
4,991,529 04
7,400,08!) 35
7,643,460 58
8,276,301 55
$519,095 84
864,268 16
1,43^,645 74
2,312,017 15
5,670,822 25
7,438,970 20
8,862,054 46
11,963,640 57
12,863,952 98
13,61 1,030 63
15,665,081 93
15,811,082 08
16,985,926 72
$190,886 14
200,722 96
333,623 92
843,166 54
2,998,523 19
'3,549,032 30
3,799,280 54
;4,953,612 42
4,929,684 09
5,228,429 42
$190,886 14
200,722 96
333,623 92
843,166 54
2,993,523 19
3,664,018 41
3,840,802 92
5,011,278 84
4,969,271 52
5,268,131 87
6,487,199 84
8,200,0i i9 47
8,326,614 21
18671
1868
1889
1-^70
$8.355,837 72
3,870,525 4f
4,563,551 22
5,220,483 40
5,334,729 08
$114,986 11
41,522 38
57,666 42
39,587 43
44,702 45
1871 . .
1872
1873
] 874
1875
1875-76
9,223,919 45
10,529,758 80
6,587.162 63
6,456,167 84
.1376-77
8,257,957 75
68,656 46
RAILROAD MANUAL OF THE UNITED STATES.
913
Year.
Earnings over
Operating Ex-
penses. Coin and
Currency.
Per Cent, of
Operating
Expenses.
Miles of Road
Operated.
Gross Earnings
per mile. Coin
and Currency.
Operating Ex-
penses per Mile.
Coin and Cur-
rency.
1864 and 1865. . .
1866
$328,209 70
663,545 20
8H.77
23 22
18 to 56
56 to 94
$14,029 62
11 523 58
$5,159 09
2 676 31
1867
1,100,0-21 82
23.27
94 to 137
12 359 01
2 876 07
1868
1,468,850 61
36.46
137 to 468
7 630 43
2 782 73
1869
2,677,299 06
52.78
468 to 742
9 373 26
4 947 97
1870 '..
3,774,951 79
49.31
742 to 900
9 060 87
4 462 87
1871
5,021,251 54
43.34
900 to 1094
8 888 72
3 852 36
1872
6,952,361 78
41 88
1094 to 1222
10 349 18
4 335 01
1873
7,894,681 46
38.63
1219 to 1222
10 526 97
4 066 51
1874
8,342,898 76
3871
1219 to 1213
11 193 28
4 "-W2 3*i
1875
9,177,882 09
43.58
1213
12 068 63
6 115 37
1875-76
7,611,012 61
51.86
1213
13 034 70
K ?BO (IQ
1876-77
8,659,312 51
48.99
1213
14 003 24
7 138 76
General Balance, June 30, 1877.
Railroads and Appurtenances $136,584,437 59
Rolling Stock 7,656,517 99
Other Investments 1,608,61937
Materials and Fuel 1,543,317 95
Other Assets 9.726,227 30
Cash on Hand 2,282,38785
Capital Stock $54,275,500 00
Funded Debt.... 54,885,000 00
United States Subsidy Bonds . 27,855,680 00
Other Liabilities, Curr't Ac'ts, etc... 11,598,220 01
Sundry Accounts 337,039 75
Profit and Loss 9,909,468 29
$158,861,508 05 $158,861,508 05
Statement of the capital stock, funded debt, etc., for seven years :
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Miles of Road 1
Completed., j
1,094,19
1,218.93
1,218.93
1,212.83
1,212.83
1,212.83
1,213.38
Capital Stock..
Funded Debt...
IT. S. Sub. B'nds
$
54,275,500
4(U79,000
27,855,680
$
54,275,500
5'.>,584,000
27,855,680
$
54,275,500
54,334,000
27,855,680
$
54,275.500
54,831,001)
27,855,680
$
54,275,500
55,390,000
27,855,680
$
54,275,500
55.457.000
27,855,680
$
54,275,500
54,885,000
27,855,680
Total Stock, j
Bonds, etc. (
128,310,180
134,715,180
136,465,180
136,932, ISO
137,521,180
137,588,180
137,016,180
Perra't Prop'ty.
Sinking Fund..
129.217,020
135,346,965
139,746,311
141,692,729
1 151,732
142,757,692
1,782,095
142,630,283
1,796,614
145,309.575
2,386,276
Statement of the funded debt in detail, June 30, 1877 :
Classes of Bonds.
Date of
Bonds.
Interest.
Principal
Payable.
Amount of Bonds.
Annual
Inter-
est.
Rate.
Payable.
Author-
ized.
Issued.
Convertible Mortgage
Dec. 1, 1872.
July 1, 1864.
Julyl, 1865.
July 1, 1866.
Jan. 1, 1867.
Jan. 1, 1868.
Dec. 1, 1865.
July 1, 1869.
Jan. 1, 1868.
Jan. 1, 1872.
July 1,1870.
Oct. 1, 1870.
Oct. 1, 1870.
ds Authorize
Y-
7
6
6
6
6
6
6
6
6
8
6
6
dand
Jan. & July.
June & Dec.
Jan. & Ju y.
Apr. & Oct.
It U
tssued
Jan. 1, 1888.
July 1, 1884.
July 1, 1895.
July 1, 1896.
Jan. 1, 1897.
Jan. 1. 1898.
Dec. 1, 1895.
Julyl, 1899.
Jan. 1, 1888.
Jan. 1, 1892.
July 1, 1890.
Oct. 1, 1900.
Oct. 1, 1890.
$
1.500,000
1,500,000
3,000,000
3,390,000
4,000,000
15,525,000
$
1,483,000
1.500,000
2,995,000
3,383,000
3.997,000
15,508,<<00
112,000
2,623,000
6,OOO.OCO
2,000,000
500,000
6,080,000
8,704,000
$
103,810
California State Aid
1st Mort. (Cen. Pac.), ser. A.
1st (C. P.), per. B, C, D.
1st ( " ), ser. E
179.700
202,980
239,820
930,480
6.720
157,380
860,000
120,000
40,000
364,800
530,820
1st ( " ), ser. F,G.H,T.
1st (Wtn. Pac.), old ...
1st (W.P.), ser.A&B..
1st (Cal.&Oreg.),;ser.A.
1st (C.&O.), C.P.,ser.B
1st (S. Fr., Or. & Ala.).
1st (San Joaqnin Vall'y)
2,735,000
6,000,000
7,200,000
1,500,000
6,0^0,000
10,000,000
Total Amount of Bon
62,430,000
55,457,000
3,236,510
58
914 RAILKOAD MANUAL OF THE "UNITED STATES.
The established sinking funds for the redemption of Central Pacific (proper) debt
are five in number, viz. :
Convertible Mortgage Sinking Fund commencing 1863, $35,000 per annum.
California State Aid Sinking Fund " 1870, 50,000
Cent. Pac. 1st Mort. (ser. A. B. C. D.) Skg. F'd. " 1870, 50,000
(ser.E.F.G.H.I.) " " " 1872, 50,000
California and Oregon (both series) " 1876, 100,000
San Joaquin Branch 1880, 50,000
The Land Grant Mortgage bonds are redeemable from the proceeds of the sale
of the company's lands, for which purpose a trust was established under the mort-
gage. The amount redeemed to June 30, 1877, was $1,136,000.
Interest of the California State Aid bonds is paid by the State ; the sinking fund
contribution by the company.
Government Subsidies. — The Government of the United States, by Act of Con-
gress approved July 1, 1862, and other Acts amendatory thereof, granted to the Cen-
tral Pacific and other railroad companies, certain subsidies of bonds and lands "to aid
in the construction of a railroad and telegraph line from the Missouri River to the
Pacific Ocean, and to secure to the Government the use of the same for postal, mili-
tary and other purposes." The subsidies to the Central Pacific and the Western Pa-
cific (now consolidated) were as follows :
Bond Subsidy. — Bonds of the United States, payable 30 years after date, bearing
interest at 6 per cent, per annum, payable semi-annually (January and July) in any
lawful money of the United States, to the amount of $16,000 per mile of line west of
the Sierra Nevada ; $48,000 per mile for 150 miles over said mountains ; and $32,000
per mile for all the line eastward from the eastern base thereof to the point of junc-
tion (Ogden) with the Union Pacific Railroad. By section 10 of the Act of July 2,
1864, the lien of these bonds was made subordinate to the lien of the company's first
mortgage bonds. The total amount issued to the Central Pacific Railroad Company
was $25,885,120, and to the Western Pacific Railroad Company $1,070,560 ; making
the total issued to the consolidated company $27,855,680, the"annual interest on which
is $1,671,340.80. The Government pays the interest on these bonds as it accrues,
and compensates itself by retaining one-half the charges for services rendered. The
other half is, or ought by law to be, paid to the company in cash. The Government is
also entitled to 5 per cent, of the net earnings from all traffic on the road. The total
amount of interests paid on the subsidies, as above, up to and including January 1,
1877, was $14,257,088 ; of this amount $1,525,125 was paid from moneys earned by
transportation, and the remainder (now $12,731,963) is to be repaid at the maturity
of the principal of the bonds under the provisions of the act, as determined by the
Supreme Court of the United States.
At the Session of 1878, Congress passed an Act "to alter and amend" the Acts
of 1862 and 1864, so as to define the term net earnings to be, after June 30, 1878, the
gross amount of earnings, after deducting the expenses actually paid, the cost of
maintenance and repair, and the sums paid in discharge of interest on 1st mortgage
bonds, whose lien has priority over that of the United States ; and requiring all com-
pensation for services to be withheld in the Treasury. It also provides for the crea-
tion of a sinking fund, to which the one-half of such compensation shall be credited
semi-annually, and into which the company " shall pay $1,200,000 per annum, or
so much thereof as shall be necessary to make the five per centum," heretofore re-
EATLEOAD MANUAL OF THE UNITED STATES.
915
quired, together with "the whole sum earned by it as compensation for services
rendered, amounting in the aggregate to twenty -five per centum of the net earnings,"
as before defined, unless it shall appear to the satisfaction of the Secretary of the
Treasury that 75 per cent, of the net earnings are insufficient to pay interest on
obligations having a prior lien. No dividends shall be declared until these require-
ments are complied with, under penalty of forfeiture of United States charter. The
companies contend that this act is unconstitutional, and the case will be tested before
the Supreme Court.
Land Subsidy. — Every alternate section of public land, designated by odd num-
bers to the amount of ten alternate sections per mile on each side of said road, on the
line thereof and within the limit of 20 miles on each side of said railroad, not sold,
reserved, or otherwise disposed of by the United States, and to which a pre-emption
or homestead claim may not have attached.
The U. S. Government also, by Act of Congress approved July 25, 1866, granted a
like subsidy to the California and Oregon Railroad Company (now consolidated in the
Central Pacific). This Act, however, allows for the lands that may have been pre-
viously disposed of ; and in lieu thereof, the company may select, under the direction
of the Secretary of the Interior, a compensating amount of vacant land outside the
20-mile limit.
The total amount of land in these several grants is estimated at 12,000,000 acres,
which at the Government minimum price may be valued at $30,000,000. These lands
are covered by the Land Trust Mortgage of October 1, 1870. From that date to
December 31, 1875, there had been sold 274,600.44 acres for $1,447,092.42, being an
average of $5.27 per acre.
Directors (elected July 11, 1877). — Leland Stanford, San Francisco, Cal. ; C. P.
Huntington, New York City, N. Y. ; Mark Hopkins, E. H. Miller, Jr., Charles
Crocker, M. F. Gage, and David D. Colton, San Francisco, Cal.
LELAND STANFORD, President San Francisco, Cal.
C. P. Huntington, Vice-President and Gen. Agent. New York City, N. Y.
Charles Crocker, 2d Vice-President San Francisco, Cal.
Treasurer— E. W. Hopkins . . . San Francisco, Cal.
Secretary— E. H. Miller, Jr..
CmtnRtl— -I S- W- Sanderson
Counsel— -j Robert Robinson
General Supt.— A. N. Towne
Asst. Gen. Supt. — John Corning
" E. C. Fellows Oakland,
J. A. Fillmore Sacramento.
Frank Free Wadsworth, Nev
Div. Supts. —
G. W. Coddington Carlin,
R. H. Pratt Ogden, Utah.
A. D. W. Law Vallejo, Cal.
Chief Eng.— S. S. Montague.. San Francisco, Cal.
Auditor — William H. Porter.
" Fr.— A. D. Wilder...
« Pass.—\. D. W. McCu ough,
Land Agent — B. B. Redding.
yen. Frt. Agt.—J. C. Stubbs
Gtn. Tkt. A'gt.—T. H. Goodman,
Mast, of Mach. — A. J. Stevens..
" " Car fieprs.—Benj. Welch,
Supt. of Jiridges — Arthur Brown,
Purchasing Agent — J. R. Watson,
Gen. Agt.-C. P. Huntington. . .9 Nassau St. N. Y,
GENERAL OFFICE
Eastern Office
San Francisco, Cal.
.No. 9 Nassau Street, New York City.
AMADOE BEANCH EAILEOAD.
Line of Road. — Gait, Cal., to lone, Cal 27.05 miles.
Sidings and other tracks, 4.43 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
916 RAILROAD MANUAL OF THE UNITED STATES.
Chartered July 3, 1875, and leased January 1, 1877, to Central Pacific R. R. Co.,
which company built and virtually own the road. Rental, $40,500 per annum.
Rolling Stock.— Furnished by lessees.
Operations for year ending June 30, 1877. — Included in lessees' returns. Rental,
6 months, carried to profit and loss, $20,250.
Financial Statement.. — Capital stock (authorized, $675,000 ; subscribed, $27,000 ;
paid in), $2,700 ; floating debt, $269.50 ; and profit and loss, $20,250. Per contra :
Construction, $280. 70; accounts, $20,250; and cash, $2,688.80— total, $23,219.50. No
settlement to date, or payment made to the builders of the road by this company.
Directors. — Leland Stanford, David D. Colton, Charles Crocker, and D. Z. Yost,
all of San Francisco, Cal.
LELAND STANFORD, President San Francisco, Cal.
Charles Crocker, Vice-President
Treasurer Mark Hopkins. | Secretary E. J. Miller, Jr.
PRINCIPAL OFFICE AND ADDRESS San Francisco, Cal.
BEEKELEY BRANCH RAILROAD.
Line of Road. — Shell Mound, Cal., to Berkeley, Cal 8.15 miles.
Sidings and other tracks, 0.31 mile. Gauge, 4 feet 8i in. Rail (steel, 3.23 m.), 50 Ibs.
Chartered September 27, 1876, and leased to January 1, 1877, to Central Pacific
R. R. Co., which company built and virtually own the road. Lease rental, $6,000
per annum.
Boiling Stock. — Furnished by lessees.
Operations for year ending June 30, 1877. — Included in lessees' returns. Re-
ceipts— rental, 6 months, carried to profit and loss, $3,000.
Financial Statement. — Capital stock (authorized and subscribed, $10^,000) paid
in, $10,000 ; floating debt, $148.55; and profit and loss, $3,000. Per contra: Con-
struction and equipment, $148,55; accounts, $3,000 ; and cash, $10,000 — total, $13,-
148,55. No settlement had to date, or payment made to the builders of thie road by
this company.
Directors. — Leland Stanford, Charles Crocker, David D. Colton, and E. H.
Miller, Jr. , all of San Francisco, Cal.
LKLAND STANFORD, President San Francisco, Cal.
Charles Crocker, Vice-President " "
Treasurer T. Hopkins. | Secretary E. H. Miller, Jr.
PRINCIPAL OFFICE AND ADDRESS , . . San Francisco, Cal.
RAILKOAD MANUAL OF THE UNITED STATES. 917
NOETHEEN EAILWAY.
Line of Road.— Oakland to Tehama 192.00 miles.
j Oakland Point, Cal., to Suisun, Cal 43.00 "
Operated Divisions : •( Extension . Woodland J'n,Cal., to Williams, Cal. 89.20 "
Total length of road completed 82.20 miles.
Sidings and other tracks, 5.89 miles. Gauge, 4 feet 8£ inches. Rail (steel), 50 Ibs.
Chartered July 10, 1871, and completed to Williams in 1875. Leased from Janu-
ary 1, 1876, to Central Pacific R. R. Co., from West Oakland to Delaware Street,
4.59 miles, and from Woodland Junction to- Williams, 39.20 miles. Rental, $1,500 per
mile yearly. The remaining section of the line, 16.10 miles, not operated. Since the
close of the year 1876-77 the road has been extended to Martinez (opposite Benicia),
about 32 miles, where it makes a connection with the San Pablo and Tulare Valley
R. R., and by means of a ferry to Benicia, with the California Pacific Railroad at
Suisun. The charter covers a line from San Francisco to Tehama, nearly 200 miles,
Rolling Stock. — Furnished by lessees.
Operations for year ending June 30, 1877. — Included in lessees' returns. Rental
(43.79 miles), $62,242.50.
Financial Statement, June 30, 1877. — Capital stock (authorized, $8,400,000 ; sub-
scribed, $210,000, and) paid in, $21,050 ; floating debt, $53,507.73 ; and profit and
loss, $62,242.50. Per contra: Construction and permanent investment, $53,507.73;
accounts and bills receivable, rental, $62,242.50, and cash, $21,050— total. 136,800.23.
Nothing has been paid to the contractors by this company on account of construction.
Directors.— Leland Stan ford, David D. Colton, E. H. Miller, Jr., and E. T. Miller,
San Francisco, Cal.
LELAND STANFORD, President San Francisco, Cal.
David D. Colton, Vice-President " "
Treasurer. T. Hopkins. | Secretary E. H. Miller,Jr.
PRINCIPAL OFFICE AND ADDRESS San Francisco, Cal.
STOCKTON AND COPPEKOPOLIS KAILKOAD.
Line of Road.— Stockton, Cal., to Milton, Cal 29.99 miles.
Sidings and other tracks, 0.29 mile. Gauge, 4 feet 8£ inches. Rail, 50 Ibs.
Chartered October 11, 1865, and road completed in 1871. Leased December 30,
1874, for 30 years, to Central Pacific R. R. Co., rental, principal and interest of
funded debt. Operated in connection with Stockton and Visalia R. R.
Rolling1 Stock. — Locomotive engine, 1. Cars — passenger, 2; express and bag-
gage, 1 ; freight (box 1, and platform, 25), 26 — total, 29 ; hand-cars, 2.
Operations for year ending June 30, 1877. — Trains run, 25,888 miles. Passengers
carried, 7,134. Freight moved, 4,808 tons. Gross earnings — passenger, $6,018.43;
918 RAILROAD MANUAL OF THE UNITED STATES.
freight, $9,962.18; miscellaneous, $2,015.52— total, $17,996.13. Operating expenses,
$12,971.33. Net earnings, $5,024.80.
Financial Statement, June 30, 1877.— Capital stock (authorized, $1,500,000; sub-
scribed, $48,000, and) paid in, $4,800 ; funded debt, 1st mortgage 5 per cent, coin
bonds, dated January 1, 1875, and due January 1, 1905, $500,000; floating debt,'$248,-
377.65; and profit and loss, $347,164.55. Per contra: Construction, $568,372.20;
equipment, $34,800; and otlier, $6,170 — total permanent investment, $609,342.20;
and accounts and bills receivable, $491,000— total, $1,100,342.20.
LELAND STANFORD, President San Francisco, Cal.
Robert Robinson, Vice-President "
Treasurer T._Hopkins. | Secretary N. T. Smith.
PRINCIPAL OFFICE AND ADDRESS San Francisco, Cal.
STOCKTON AND YISALIA EAILKOAD.
Line of Road.— Peters, Cal., to Oakdale, Cal 18.66 miles.
Sidings and other tracks, 2.8 miles. Gauge, 4 feet 8i inches. Rail, 50 Ibs.
Chartered December 16, 1869, and road opened for traffic in 1871. Leased to and
operated by Central Pacific R. R. Co.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 2 ; express and bag-
gage, 1 ; freight, 20 — total, 23. Service cars, 7.
Operations for year ending June 30, 1877. — Trains run — passenger, 62,868 miles.
Passengers carried, 12,340 ; freight moved, 11,678 tons. Gross earnings — passen-
ger, $14,616.18; freight, $24,193.86; mail and express, $1,762.96; and sundries,
$3,139.19— total, $43,712.19. Operating expenses, $32,473.75 : net earnings, $11,238.44.
Balance of profit and loss account at date, $86,300.93. Rental, net earnings.
Financial Statement, June 30, 1877.— Capital stock (authorized, $5,500,000 ; sub-
scribed, $186,500, and) paid in, $71,802 ; funded debt, none ; and floating debt, $961,-
000. Per contra: Construction, $816,362.16 ; equipment, $42,500; and other, $18,-
434 — total permanent investment, $877,296.16; accounts and bills, $69,204.91; and
profit and loss, $86,300.93— total, $1,032,802.
Directors. — Leland Stanford, San Francisco, Cal. ; C. P. Huntington, New York,
N. Y. ; E. H. Miller, Robert Robinson, and N. T. Smith, San Francisco, Cal. ; and C. H.
Cummings, Sacramento, Cal.
LELAND STANFORD, President San Francisco, Cal.
C. P. Huntington, Vice-President New York, N. Y.
Treasurer T. Hopkins. | Secretary E. H. Miller, Jr.
PRINCIPAL OFFICE AND ADDRESS San Francisco, Cal.
MENDOCINO KAILKOAD.
Line of Road.— Cuffy's Cove, Cal. , to Helmke's Mill, Cal 3.50 miles.
Sidings and other tracks, 0.50 mile. Gauge, 3 feet. Rail, 35 Ibs.
RAILROAD MANUAL OF THE UNITED STATES. 919
Chartered October 22, 1875. Road built in 1875-76 ; and is used almost solely
for the transportation of lumber.
Rolling Stock. — Locomotive engines, 2. Freight cars, 29.
Operations for the year ending June 30, 1877. — Freight moved, 25,595 tons ;
moved one mile, 99,583 tons. Gross earnings — freight, $10,797.68. Operating ex-
penses, $8,691.75. Net earnings, $2,105.93.
Financial Statement. — Capital stock (authorized, $150,000 ; and) paid in, $95,-
154.22, and floating debt, $16,207.61. >Per contra: Construction, $80,407.89, and
equipment, $21,490.86 — total permanent investment, $101,898.75 ; accounts and cash,
$10,462.28. Total, $112,361.23.
WEST EVANS, President Oakland, Cal.
Edwin Good wall, Secretary San Francisco, Cal.
PRINCIPAL OFFICE AND ADDRESS.. .No. 10 Market St., San Francisco, Cal.
MONTEREY AND SALINAS VALLEY RAILROAD.
Line of Road. — Monterey, Cal., to Salinas City, Cal 18.50 miles.
Sidings and other tracks, 0.5 mile. Gauge, 3 feet. Rail, 40 Ibs.
Chartered February 26, 1874. Road built in 1874-75.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 2 , freight, 48 — -total,
50. Service cars, 4.
Operations for year ending June 30, 1877. — Trains run, 36,360 miles. Passen-
gers carried, 18,568; carried one mile, 362,520. Freight moved, 26,000 tons ; moved
one mile, 416,000 tons. Gross earnings —passenger, $22,048.91 ; freight, $47,827.12 ;
mail, $1,971.90; express, $1,842.98 ; wharves, $3,508. 54, and storage, $1,403.18— total,
$78,602.43. Operating expenses, $47,937.39. Net earnings, $30,665.04. Legal ex-
penses, taxes and discounts, $11,766.55.
Financial Statement. — Capital stock (authorized, $300,000 ; subscribed, $300,000,
and paid in), $241.830 ; donations, $3,705 ; floating debt, $115,867.25; assessment No.
1, $10 per share, $24,500, and profit and loss, $38,273.49. Per contra : Construction,
$303,365.78; equipment, $50,118.78; and other, $25,504.26— total permanent invest-
ment, $378,988 82 ; capital stock held by company, $36,460 ; accounts and bills, $7,-
142.17, and cash on hand, $1,534. 75. Total, $424,125.74.
C. S. ABBOTT, President Salinas City, Cal.
Treasurer Pedro Labala. | Secretary and Superintendent A. Gonzalez.
PRINCIPAL OFFICE AND ADDRESS Salinas City, Cal.
NEVADA COUNTY NARROW-GAUGE RAILROAD.
Line of Road. — Grass Valley, Cal., to Colfax, Cal 22.64 miles.
Sidings and other tracks, 1.35 miles. Gauge, 3 feet. Rail, 34£ Ibs.
Chartered April 4, 1874, and road opened for traffic April 17, 1876.
920 RAILROAD MANUAL OF THE UNITED STATES.
Rolling1 Stock. — Locomotive engines, 2. Cars — passenger, 2 ; express and bag-
gage, 2 ; freight, 31 — total, 35. Service cars, 7.
Operations for year ending June 30, 1877. — Trains run, 42,210 miles. Passengers
carried, 68,247 ; carried one mile, 678,355. Freight moved, 142,590 ; moved one mile,
228,545 tons. Gross earnings — passenger, $47,343.29 ; freight, $39,132.89 ; mail and
express, $1,897.37 ; and miscellaneous, $2,568.45— total, $90,940. Operating expen-
ses, $46,494.63. Net earnings, $44,445.32. Payments from net earnings — interest on
bonds, $20,560, and on other accounts, $8,407.86.
Financial Statement, June 30, 1877. — Capital stock (authorized, $400,000, and)
subscribed and paid in, $244,000 ; funded debt, 1st mortgage 8 per cent, gold bonds,
dated January 1, 1876, and payable, principal, January 1, 1896, and interest seml-
annually, January and July, $257,000; accrued interest, $12,858; floating debt (se-
cured by $68,000 bonds), $47,600 ; and profit and loss, $23,235.04. Per contra : Con-
struction, $496,325.95 ; and equipment, $64,336.08 — total permanent investment,
$560,662.03; own stock, $1,800, and bonds, $7,000; bank stock, $935.64; materials
and fuel, $3,188.94 ; accounts and bills, $311.88 ; and cash, $9,794.55— total, 584,693.04.
Directors. — John C. Coleman, Edward Coleman, William Watt, and James M.
Lakeman, Grass Valley, Cal. ; and J. W. Sigourney, Niles Searles, and R. M. Hunt,
Nevada City, Cal.
JOHN C. COLEMAN, President Grass Valley, Cal.
J. W. Sigourney, Vice-President Nevada City, Cal.
Treasurer Edward Coleman. I Gen. Superintendent ..John F. Kidder.
Secretary George Fletcher. | Master Mechanic R. M. Kinley.
PRINCIPAL OFFICE AND ADDRESS Grass Valley, Cal.
NORTH PACIFIC COAST EAILEOAD.
Line of Road. — Saucelito, Cal., to Moscow Mills, Cal 74.25 miles.
Branch line : Junction, Cal., to San Rafael, Cal 2.00 "
Leased : San Rafael and San Quentin R. R.— San Rafael to San Quentin. 3.50 "
Total length of railroad owned, leased aud operated 79.75 miles.
Sidings, etc, 7. 83 miles. Gauge, 3 feet. Rail, 35 Ibs.
Steam Ferries. — San Francisco to San Quentin, !!-£, and to Saucelito, 6 miles.
The North Pacific Coast R. R. Co. was chartered December 16, 1871, and the first
train crossed the Russian River, May 21, 1876. The company leased (March 11, 1875)
the San Rafael and San Quentin Railroad for a term of 43 years, and assumed its
funded debt. The road, as projected, will be carried to Humboldt Bay, about 225 miles.
Rolling Stock. — Locomotive engines, 12. Cars — passenger, 15 ; express and
baggage, 5 ; freight, 304— total, 324.
Operations for year ending June 30, 1877.— Trains run — passenger, 80,506 ;
freight, 85,121 ; other, 38,838— total, 204,465 miles. Passengers carried, 264,828;
and freight moved, 50,410 tons.
EAILKOAD MANUAL OF THE UNITED STATES. 921
Earnings.
From Passengers $138,041 33
" Freight 126,44067
" Mail, Express, etc 23,68773
$289,069 73
Expenditures.
For Maintenance of Way $52,246 37
" Transportation, etc 105,947 72
" Ferries and Steamer Lines 57,11713
$215,311 22
Balance — net earnings (25.51 per cent.), $73,758.51. Interest (accrued), $250,-
554.12; paid, $73,758.51. Deficit, $176,795.61.
General Balance, June 30, 1877.
Construction, etc $2,788,148 18
Materials, Fuel, etc 49,366 62
ProfitandLoss 254,49929
Total Eesources $3,092,014 09
Capital Stock $1,074,900 00
Floating Debt 2,017,114 09
Total Liabilities $3,092,014 09
Directors. — Milton S. Lathrop, J. McM. Shafter, Charles Webb Howard, A. D.
Moore, W. H. L. Barnes, and W. Button, San Francisco, Cal.; J. M. Dokerty, Tomales,
Cal.
MILTON S. LATHROP, President San Francisco, Cal.
>ral Manager John W. Doherty. I Superintendent James Camp
'.tary W. T. Russell. | Master of Transportation M. C. Hai
PRINCIPAL OFFICE AND ADDRESS 426 California St., San Francisco, Cal.
SAN EAFAEL AND SAN QUENTIN EAILEOAD.
Line of Road. — San Quentin, Cal., to San Rafael, Cal 3.50 miles.
Sidings and other tracks, 0.38 mile. Gauge, 3 feet. Rail, 35 Ibs.
Chartered February 25, 1869, and road opened in March, 1871. Leased March 11,
1875, to North Pacific Coast R. R. Co. Rental not stated.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 3 ; baggage, 1 ; and
freight, 4 — total, 8. Service cars, 2.
Financial Statement, June 30, 1877. — Capital stock (authorized, $50,000 ; sub-
scribed, $44,000 ; and) paid in, $43,820 ; funded debt, 1st mortgage 10 per cent, gold
bonds, dated August 1, 1870, and due, principal August 1, 1880, and interest, semi-
annually, February and August (issued, $32,000), $28,000. Per contra : Cost of road,
etc., $92,995.63.
ADOLPH MAILLARD, President. . , San Rafael, Cal.
PRINCIPAL OFFICE AND ADDRESS San Rafael, Cal.
PITTSBUKG EAILKOAD.
Line of Road. — Somerville, Cal., to Pittsburg, Cal 5.33 miles.
Sidings and other tracks, .53 mile. Gauge, 4 feet 8£ inches. Rail, 46| Ibs.
Chartered January 23, 1862, and road constructed in 1866.
922 BAILBOAD MANUAL OF THE UNITED STATES.
Rolling Stock. — Locomotive engines, 2. Cars — freight, 35 ; other, 3.
Operations for year ending June 30, 1877. — Trains run, 16,028 miles. Freight
moved, 32,770 ; moved one mile, 174,664 tons. Earnings — freight, $26,216 ; and mis-
cellaneous, $8,071.04— total, $34,387.04. Operating expenses, $27,221.41. Net earn-
ings, $7,165.63.
Financial Statement. — Capital stock paid in, $225,000 ; and profit and loss, $40,-
652.23. Per contra : Construction and equipment, $251,169.23; and cash on hand,
$14,483— total, $265,652.23.
Directors. — Levi Stevens, J. Baker, Jr., and Samuel Baker, San Francisco, Cal. ;
Charles J. Morrell, Boston, Mass.; and Alfred W. Fish, Providence, R. I.
LEVI STEVENS, President San Francisco, Cal.
Secretary— Samuel Baker San Francisco, Cal.
PRINCIPAL OFFICE AND ADDRESS.. Stevens, Baker & Co., San Francisco, Cal.
SACBAMENTO VALLEY AND PLACEKVILLE EAILEOAD.
Line of Road. — Sacramento, Cal., to Shingle Springs, Cal 49.48 miles.
Sidings and other tracks, 4.56 miles. Gauge, 4 ft. 8-£ in. Rail (steel, 3 m.), 56 Ibs.
Chartered April 19, 1877, and formed by the consolidation of the Sacramento
Valley R. R. Co., chartered August 14, 1852, and the Folsom and Placerville R. R. Co.,
chartered September 29, 1876. These roads had been operated together since April
1, 1873, the first named paying the latter (then styled the Placerville and Sacramento
Valley R. R., chartered December 18, 1867) a lease rental of $1,200 per month.
Under the terms of the consolidation, the stocks of the two companies were exchanged
at par, and the new company assumed the liabilities and assets of the two companies.
It is proposed to extend the line to Placerville, a distance of about 12 miles.
Rolling* Stock. — Locomotive engines, 4. Cars — passenger, 5 ; express and bag-
gage, 2 ; caboose, 1 ; freight (box, 33 ; platform, 34), 67 — total, 75. Also, 12 service
cars.
Operations for year ended June 30, 1877. — Trains run — passenger, 14,392 ; and
freight, 30,888— total, 45,280 miles. Passengers carried, 20,722. Freight moved,
48,597 tons. Earnings— passenger, $40,006.75; freight, $99,296.83; mail, $2,750;
express, $2,400; rental from C. P. Co., $18,000; and miscellaneous, $11,538.90—
total, $173,992.48. Operating expenses, $llb,492.06. Net earnings, $55,500.42.
Payments from net revenue — rental of Folsom and Placerville R. R., to April 1,
'77, $10,800 ; coupons, Sacramento Valley R. R.^bonds, accrued, $40,000 ; and general
expenses, $2,309.73.
Financial Statement.— Capital stock (authorized, $2,000,000) paid in, $976,000 ;
funded debt, 1st mortgage (S. V. R. R.) 10 per cent, bonds, dated July 1, 1855, and
payable, principal July 1, 1875, and interest semi-annually, January and July, $400,-
000 ; floating debt, coupons due, and not paid, $80,000 ; and profit and loss, $233,-
779.98. Per contra : Construction and equipment, $1,528,199.66 ; materials and fuel,
$22,935.44; accounts and cash, $138,644.79— total, $1,689,779.89.
Directors.— N. T. Smith, J. O. B. Gunn, D. Z. Yost, A. D. W. McCullough, and
D. T. Phillips, San Francisco, Cal.
BAILROAD MANUAL OF THE UNITED STATES. 923
N. T. SMITH, President San Francisco, Cal.
D. T. Phillips, Vice-president " "
Treasurer J. O. B. Gunn. I Genfral Superintendent Josiah Johnson-
Secretary E. H. Miller, Jr. | Cashitr C. H. (Jammings.
PRINCIPAL OFFICE AND ADDRESS San Francisco, Cal.
PLACERYILLE AND SACRAMENTO YALLEY RAILEOAD.
Line of Road. — Folsom, Cal., to Shingle Springs, Cal 26.5 miles.
Sidings and other tracks, 1.39 mile. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
Chartered December 18, 1867. The company failed on their bonds, and in 1872
the road was sold to Leland Stanford and others, who leased it from January 1,1873,
to the Sacramento Valley Railroad at an annual rental of $14,400. On the 29th of
November, 1876, said purchasers organized as the Folsom and Placerville R. R. Co.,
and have since been consolidated with the Sacramento and Placerville Railroad Com-
pany, under the corporate title of the latter.
SACKAMENTO YALLEY EAILEOAD.
Line of Road. — Sacramento, Cal., to Folsom, Cal 22.98 miles.
Sidings and other tracks, 3.17 miles. Gauge, 4 feet 8i in. Rail (steel, 3 m.), 56 Ibs.
Chartered August 14, 1852. It was built in 1855-56, and was the first railroad
constructed in California. From January 1, 1873, to April 1, 1877, the company oper-
ated the Placerville and Sacramento Valley Railroad under lease at an annual rental
of $14,400. On the 19th April, 1877, the Sacramento and Placerville Railroad Com-
pany was incorporated , into which the Sacramento Valley and the Folsom and Placer-
ville (formerly Placerville and Sacramento Valley) Companies were merged. Since
September 1, 1869, the Central Pacific Company have leased the use of the track be-
tween Sacramento and Brighton, 5 miles, and paid therefor a rental of $1,500 monthly.
SAN FEANCISCO AND NOETH PACIFIC EAILEOAD.
Line of Road. — Donahue, Cal., to Cloverdale, Cal 56 miles.
Branch Line : Fulton, Cal. , to Guerneville, Cal 16 "
Total length of railroad in operation June 30, 1877 72 miles.
Sidings and other tracks, 6.52 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
Consolidation (June 29, 1877) of the San Francisco and North Pacific R. R. Co.,
chartered June 22, 1872 ; the Fulton and Guerneville R. R. Co., chartered May 23,
1877; and the Sonoma and Marin R. R. Co., chartered November 13, 1874. From
Donahue to San Francisco, 34 miles, is a steam ferry. The line as now existing was
opened for traffic July 1, 1876.
924: EAILKOAD MANUAL OF THE UNITED STATES.
Boiling Stock. — Locomotive engines, 8. Cars — passenger, 13 ; officers, 1 ; ex-
press and baggage, 3 ; freight (box, 40 ; platform, 100), 140 — total, 157. Also, 50 ser-
vice cars, and 15 snow plows.
Operations for year ending June 30, 1877. — Trains run, 237,409 miles. Passengers
carried, 113,588; freight moved, 61,988 tons.
Earnings.
From Passengers $219,604 20
" Freight 109,00835
" Mail and Express 23,55547
Miscellaneous 34,333 50
Expenditures.
For Maintenance of Way $29,427 20
" KollingStock 24,13451
" Transportation 39,208 87
" Steamer and other Expenses 127,332 87
,103 45
$467,501 52
Balance— net earnings (52.92 per cent.), $247,398.07. Interest accrued, $56,447.22.
Financial Statement, June 30, 1877. — Capital stock, authorized and subscribed,
$5,000,000 ; paid in, $3,750,000 ; floating debt, $20,316.82 ; profit and loss, $638,506.36 ;
—total, $4,408,823.18. Per contra : Construction, $2,871,503.38; equipment, $366,-
870.21 ; other permanent investments, $433,307.54 ; materials and fuel, $31,500 ; bills
and accounts, $25,888.57 ; and cash, $41,247.12— total, $3,770,316.82.
Directors. — Peter Donahue, Michael Reese, Edward Martin, T. J. Bergin, Arthur
Hughes, and P. E. Dougherty, San Francisco, Cal.
PETER DONAHUE, President San Francisco, Cal.
Michael Reese, Vice-President " "
Treasurer— Edward Martin... San Francisco, Cal. I Gen. Manager— Arthur Hughes. San Francisco, Cal.
Secretary— P. E. Dougherty " J Superintendent— A. A. Bean Petaluma,
PRINCIPAL OFFICE AND ADDRESS San Francisco, Cal.
SAN LUIS OBISPO AND SANTA MAKIA VALLEY R. E.
Line of Road. — Port Harford, Cal., to San Luis Obispo, Cal 10.75 miles.
Sidings and other tracks, 1.03 mile. Gauge, 3 feet. Rail, 42 Ibs.
Chartered April 22, 1875. Road opened for traffic in September, 1876.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 1 ; freight (box, 2 ;
platform, 22), 24 — total, 25. Service cars, 3.
Operations for year ending June 30, 1877. — Trains run, 15,240 miles. Earnings
— passenger, $5,022.55 ; freight, $21,598.99 ; mail and express, $80 ; and other receipts,
$14,735.43— total, $41,536.97. Operating expenses, $17,355.30. Net earnings, $24,-
181.67. Interest accrued on bonds, $6,500, and other interest, $1,547.64. Balance to
profit and loss, $16,134.03.
Financial Statement. — Capital stock (authorized, $500,000, and paid in), $149,000 ;
funded debt, 1st mortgage 10 per cent, gold bonds, issued February 14, 1876, and
payable, principal August 31, 1877, and interest monthly, $120,000 ; floating debt,
$27,288.95, and profit and loss, $16,134.03. Per contra : Construction, $205,712.05 ;
equipment, $30,567.49, and other, $52,553.95 — total permanent investments, $288,-
833.49 ; material and fuel, $328.00 ; and accounts and bills receivable, $23,261.48.
Total, $312,422.97.
RAILROAD MANUAL OF THE UNITED STATES. 925
Directors. — John Rosenfeld, A. Blockman, John O'Farrell, Geo. C. Perkins, F. S.
Hensinger, and Christopher Nelson, San Francisco, Cal. ; and John Harford, San Luis
Obispo, Cal.
JOHN ROSENFELD, President San Francisco, Cal.
Managing Director John O'Farrell. Secretary "William H. Knight.
Vice-President A. Blockman. Treasurer George C. Perkins.
PRINCIPAL OFFICE AND ADDRESS. . .No. 10 Market St., San Francisco, Cal.
SAN PABLO AND TULAKE EAILKOAD.
Line of Road. — Tracy, Cal., to Antioch, Cal 28.28 miles.
Sidings and other tracks, 3.53 miles. Gauge, 4 feet 8| inches. Rail (steel), 50 Ibs.
Chartered July 19, 1871, and road constructed in 1876 and 1877. No part of the
line was in operation June 30, 1877.
Financial Statement, June 30, 1877. — Capital stock (authorized, $3,750,000 ;
subscribed, $150,000 ; and) paid in, $15,030 ; and floating debt (advances), $265,726.47
—total, $280,756.47. Cost of road to date, not stated.
Directors. — Leland Stanford, San Francisco, Cal. ; C. P. Huntington, New York,
N. Y. ; Mark Hopkins, E. H. Miller, Jr., and E. S. Miller, San Francisco, Cal.
LELAND STANFORD, President San Francisco, Cal.
C. P. Huntington, Vice-President New York, N. Y.
Treasurer Mark Hopkins, j Secretary E. H. Miller, Jr.
PRINCIPAL OFFICE AND ADDRESS. San Francisco, Cal.
SANTA CRUZ RAILROAD.
Line of Road. — Santa Cruz, Cal., to Pajaro Depot, Cal 21.16 miles.
Sidings and other tracks, 1.87 miles. Gauge, 3 feet. Rail, 35 Ibs.
Chartered June 3, 1873, and road built in 1873-76, and completed May 23,
1876. The original length was 21.36, but in 1876 a section of 0.19 mile was sold to
the Santa Cruz City R. R. Co.
Rolling Stock. — Locomotive engines, 3. Cars — passenger, 3; express and bag-
gage, 1 ; freight (gondola, 3 ; box, 2; platform, 21), 26 — total, 31. Service cars, 7.
Operations for year ending June 30, 1877. — Trains run, 18,292 miles. Passen-
gers carried, 34,772. Freight moved, 11,063 tons. Earnings — passenger, $28,303.83;
freight, $14,463.33; mail and express, $2,139.46 ; and miscellaneous receipts, $4,073.-
87— total, $48,980.49. Operating expenses, $31,278.63. Net earnings, $17,701.86.
Interest accrued, $12,500. Balance, $5,201.86. It does not appear that interest has
been paid.
Financial Statement, June 30, 1877.— Capital stock (authorized, $1,000,000 ;
subscribed, $202,150 ; and paid in), $201,555.19; funded debt, 1st mortgage 10 per
cent, gold bonds, dated August 18, 1875, and payable, principal October 18, 1880,
926 RAILROAD MANUAL OF THE UNITED STATES.
and interest semi-annually April and October, $125,000 : Santa Cruz Co. bonds do-
nated, $114,000; floating debt, $76,388.71; and profit and loss, $27,003.86. Per
contra: Cost of road, $485,122.58; and of equipment, $51,322.72; stock in Santa
Cruz City Railroad, $5,172.75 ; and accounts and bills, $2,359.71. Total, $543,977.76.
Directors. — F. A. Hibn, R. R. Kirby, Amasa Pray, and John Brazer, Santa Cruz,
Cal. ; P. F. Porter, Soquel, Cal.
F. A. HIHN, President Santa Cruz, Cal.
Treasurer Titus Hale. | Secretary Geo. E. Logan. | Chief Clerk G. Ruegg.
PRINCIPAL OFFICE AND ADDRESS Santa Cruz, Cal.
SANTA CRUZ AND FELTON RAILROAD.
Line of Road* — Santa Cruz, Cal. , to Feltonville, Cal 9 miles.
Sidings and other tracks, 1 mile. Gauge, 3 feet. Weight of rail, 35 Ibs.
Chartered August 26, 1874. Road built in 1875-76, and opened for through
business, August, 1876.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 2 ; freight (box, 6 ;
and platform, 34), 40 — total, 42. Service cars, 6 ; hand cars, 2.
Operations for year ending June 30, 1877. — Trains run, 13,870 miles. Passen-
gers carried, 9,312; carried one mile, 83,808. Freight moved, 55,020 tons; moved
one mile, 495,180 tons. Earnings — passenger, $4,262.50 ; freight, $49,404,82 ; and
miscellaneous receipts, $5,068.83 — total, $58,736.15. Operating expenses, $27,868.01.
Net earnings, $30,868.14. Payments from net earnings, interest, $17,182.05; legal
charges, $911.75 ; and directors' expenses, $1,083.37. Balance to profit and loss,
$11,691.01.
Financial" Statement. — Capital stock (authorized, $500,000; subscribed, $489,-
440; and paid in), $176,662.25; funded debt, none; floating debt, $138,642.24; and
profit and loss, $15,924.67. Per contra: Cost of road, $282,248 ; and of equip-
ment, $39,186.95; accounts and bills receivable, $8,016.03; and cash, $1,778.28.
Total, $331,229.26.
Directors. — Charles H. Qorrill, B. Peyton, Santa Cruz, Cal.; John J. Curtan,
C. J. Hamson, W. D. Tisdale and James A. Clayton, San Jose, Cal. ; James P. Pierce,
Santa Clara, Cal.
CHARLES H. GORRILL, President Santa Cruz, Cal.
Vice-President John J. Curtan. | Supt. and Secretary R. M. Garratt.
PRINCIPAL OFFICE AND ADDRESS Santa Cruz, Cal.
SOUTH BAY RAILEOAD (and Land Company).
Line of Road. — Humboldt Bay, Cal., toward Little Salmon Creek 4 miles.
Sidings and other tracks, 0.5 mile. Gauge, 4 feet 8£ inches. Rail, 50 Ibs.
Chartered April 22, 1875. Road built in 1875-76, for lumbering operations.
The company own 2,600 acres of woodland.
RAILROAD MANUAL OF THE UNITED STATES. 927
Rolling Stock.— Locomotive engine, 1 ; truck cars, 15.
Financial Statement. — Capital stock, $1100,000. Per contra : Cost of road, $53,-
500, and of rolling stock, $11,500, and timber lands, $235,000— total, $300,000.
D. R. JONES, President San Francisco, Cal.
Charles Nelson, Secretary " "
PRINCIPAL OFFICE AND ADDRESS San Francisco, Cal.
SOUTHERN PACIFIC KAILEOAD. (In Progress.)
Line of Road. — San Francisco, Cal., to Yuma, Arizona :
Via San Benito Pass and Goslien 729.00 miles .
" Salinas and Polonio Pass 734.50 "
Brandies • •$ Mohave Junc- (37° m-S.San F.) to " The Needles ". .269.00
( Los Angeles (471 m. S. San. F.) to Wilmington 22.25—291.25 "
Total length of all lines constructed, in progress, or projected. . . .1,223.25 miles.
RAILROAD IN OPERATION, Jan. 1, 1878:
Northern Division.- \ San Francisco> Cal- to Soledad, Cal 143.00
(Carnadero (83 m. S. San Fr.) to Tres Pinos. 18.00—161.00 m.
Tulare Division - 5Goshen (229 m- S- E- San Fr-> to Mohave. . . .141.00
(Goshen (229 m. S. E. San Fr.) to Huron 40.00—181.00 "
Los Angeles Division. — Mohave (369 m. S. E. San Fr.) to Los Angeles 100.50 "
Yuma Division.— Los Angeles (471 m. S. E. San Fr.) to Fort Yuma 249.00 "
San Pedro Division. — Los Angeles (471 m. S. E. San Fr.) to Wilmington. . 22.25 "
713.75m.
0 erated • \^o* Angeles and San Diego R. R, — Florence to Santa Ana 26.90 "
< " " Independence R. R. — LosAng. to San. Monica 16.67 "
Total of all lines owned and operated 757.32 m.
Sidings, etc., 48.2 miles. Gauge, 4 feet Scinches. Rail (steel, 347 m., 50 Ibs.), 56 Ibs.
The Southern Pacific R. R. Co. is a consolidation (October 12, 1870) of the follow-
ing companies :
Southern Pacific, chartered December 2, 1865 ; San Francisco and San Jose, char-
tered April 7, 1870 ; Santa Clara and Pajaro Valley, chartered January 2, 1868 ; and
California Southern, chartered January 22, 1870.
The Southern Pacific Branch R. R. Co., chartered December 23, 1872, was consoli-
dated in the Southern Pacific, August 19, 1873 ; and the Los Angeles and San Pedro
R. R. Co., chartered February 18, 1868, was consolidated therein December 18, 1874.
The total length of all these lines forming the Southern Pacific Railroad, as now con-
structed and in progress, is 1,223^ miles.
At present there is a gap of 100 miles, via the San Benito route, or 160 miles, via the
Polonio Pass route, between the northern division and southern divisions of the com-
pany's road, the connection being made over the San Joaquin Branch of the Central
Pacific, until the completion of the overland line will justify the company in using
its resources to establish its independent continuous line from San Francisco eastward
to the Texas boundary, or as much further as may be necessary.
928
KAILEOAD MANUAL OF THE UNITED STATES.
By the Act of Congress, passed March 3, 1871, to incorporate the Texas and Pacific
R. R. Co., the Southern Pacific R. R. Co. was authorized to connect with the latter
road at, or near, Fort Yuma, so as to provide a through line to San Francisco, public
lands being granted in aid thereof. At the recent session of Congress, a bill amend-
ing the former, and allowing the Southern Pacific R. R. Co. to continue its line east-
ward across Arizona and New Mexico, about 600 miles, to a point on the Rio Grande
near El Paso, and fixing that as the point of junction of the two roads, was reported,
each company to acquire the lands and franchises for so much as it constructed. Final
action is yet to be taken upon it. In the meantime, to complete at the earliest prac-
ticable day the through connection.by the 32d parallel, the Southern Pacific R. R. Co.
has obtained legislative authority from Arizona to construct its road through that
Territory. The line has already been surveyed to El Paso, and finally located up the
valley of the Gila more than 200 miles.
The last rail connecting San Francisco and 'Los Angeles 'was laid September 2,
1876. In the construction of this line great engineering difficulties were encountered,
and at the Tchachapi Pass, where the coast range and the Sierra Madre form a junction,
there are 17 tunnels in less than 19 miles, the aggregate length thereof being 7,683f
feet ; and at San Fernando there is a single tunnel, in length 6,966^ feet. These tun-
nels at the bottom are 14 feet in the clear and 16£ feet in excavation, and in height 22
feet, the shoulders at the springing of the arch being 18 feet 4 inches above the floor.
The work on the San Fernando tunnel was commenced March 27, 1875 ; the headings
met July 14, 1876, and the timbering was completed August 9, 1876. It is built on a
elope of 37 feet to the mile.
The road was opened to Fort Yuma (720 miles distant from San Francisco, Did
Lathrop and Goshen) on May 5, 1877. The Sierra Nevada range is crossed at an
elevation of 3,964 feet above tide ; the Sierra Madre at Alpina at 2,822 feet, and the
Sierra Madre recrossed at San Gorgonio Pass, 2,560 feet above tide. The Colorado
Steam Navigation Company own and run, in connection with the railroad, a line of
steamers to points on the Colorado River, viz. : Castle Dome, 35 miles ; Ehreiiberg,
125 miles ; Aubrey Landing, 220 miles ; Chimahueris Ranch, 240 miles ; Camp Mohave,
300 miles ; and Hardyville, 312 miles from Yurna.
Under the Acts of Congress approved July 27, 1866, and March 3, 1871, the South-
ern Pacific Railroad Company acquired the right of way (200 feet wide) through the
public lands, and twenty alternate sections for each mile of road completed and
equipped. These grants cover about 932 miles.
Rolling Stock. — Locomotive engines, 43. Revenue cars — passenger, 68 ; baggage,
mail and express, 10 ; and freight, 914 (viz. : box, 562 ; stock, 24; and platform, 328)
— total revenue cars, 992. Also, service cars, 129.
Statement of rolling stock yearly at close of year :
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Locomotive Engines
6
14
19
19
29
44
43
Passenger Cars
8
28
24
24
32
f\V
68
Baggage, etc., Cars
3
8
6
6
6
6
10
Freight Cars
59
227
307
308
438
913
914
Operations for the year ending June 30, 1877. — Northern Division. — Trains run-
passenger, 312,924 ; and freight, 203,930 — total revenue trains, 516,854 miles. Service
RAILROAD MANUAL OF THE UNITED STATES.
929
trains run, 71,321 miles. Passengers carried, 394,646 ; and freight moved, 142,476r/(f0fij;
tons. Gross earnings — passenger, $505,621.41; freight, $329,704.24; mail, express,
etc., $27,785.33; and rentals and other sources, $3,098,545.63*— total, $3,961,606.61.
Operating expenses, $2,005,358.06. Net earnings, $1,956,247.95.
Statement of operations, traffic, and results yearly, for six years :
(Mileage and detailed earnings on Northern Division, 161 miles. Total gross earnings on 740 miles.)
1871-72.
(100 m.)
1872-73.
(122 m.)
1873-74.
(157 m.)
1874-75,
(252 m.)
1875-76.
(428 m.)
1876-77.
hN.D.
Passenger Train M. .
187,991
158,015
380,475
182,661
456,201 49
469,789 63
30263 88
79,056 56
216,561
213,025
352,545
192,567
$
512,637 53
504,256 42
31,794 17
114,050 21
259,450
227,647
357,428
321,035
$
617,148 70
741,318 25
94,787 49
327.2U2 10
517,867
538,685
550,809
318,907
$
686,969 70
771,944 62
125,925 04
576,000 00
312,924]
203,930
394,646
142,476
$
505,621 41
329,704 24
27.735 73,
3,098,545 63
Freight Train Miles..
Passengers Carried..
Freight (.tons) Moved
Passenger Earnings..
Freight
Mail.Ex.etc., Earng's
Miscellaneous
314,150
121,660
$
Total Gross Earn 'gs.
Operating Expenses .
Net Trans Earnings.
Expenses to Earn'gs.
932,724 97
451,060 91
1,035,311 56
458,739 14
1,162,738 33
463,674 34
1,780,456 54
773,485 52
2,160,&39 36
1,140,329 63
3,961,606 61
2,005,358 66
481,664 06
47.40 p. c.
576,572 42
44.31 p. c.
699,063 99
39.89 p. c.
1,006.971 02
43.44 p. c.
1,020,509 73
52.77 p. c.
1,956,247 95
50.62 p. c.
General Balance, December, 1877.
Railroad and Appurtenances ........ $63,563,435 13
Rolling Stock ...................... 1,752,25526
Real Estate and Buildings ........... 1,402,303 53
Other Property and Assets. .
Materials and Fuel on Hand.
Current Accounts
Cash on Hand
Profit and Loss . . .
50,50000
86,490 56
9,30029
48,793 60
611,632 95
$67,524,711 32
Capital Stock $36,763,90000
Funded Debt 29,300,000 00
Other Liabilities 332,957 97
Current Accounts 1,127,852 35
$67,524,711 32
Statement of capital stock and bonds, and cost of R. R. for seven years :
1871.
(80m.)
1872.
(170 m.)
1873.
(202i m.)
1874.
(232* m.)
1875.
(408 m.)
1876.
(464 m.)
1877.
(714 m.)
Capital Stock
$
5,287,340
$
8,404,800
$
12,210,200
$
14,071,100
$
22,412,200
$
27.2-27,200
36,763.900
Funded Debt
8,477,000
5,750,000
8,050,000
11,000,000
14,346,000
19,984,000
29,300,000
Total Cap. Stock & Bonds. . .
Cost of Property
8,764,340
5,287,340
14.154,800
9,825,161
20,260,200
9,929,559
25,071,100
13,652,711
36,758,200
26,666,379
47,211,200
36,502,067
66,063,900
65,315,690
* The lines of the company south of Goshen (542.5 miles), are temporarily leased to the Central
Pacific R. R. Co., and are worked in connection with its San Joaquin Branch, as well as the tributary
lines of other companies (44.5 miles), and the earnings and expenses are in gross. This lease was entered
into for the benefit of the local traffic of both companies, and is terminable at short notice by either
party. It is the purpose of the Southern Pacific Co. to complete the link between its Northern and
Southern Divisions, via either the Polonio Pass, or via San Benito routes, as soon as the overland con-
nection with the Lower Mississippi and Gulf lines is effected.
59
930 RAILROAD MANUAL OF THE UNITED STATES.
The funded debt is described as follows :
Classes of Bonds.
Date of
Bonds.
Rate.
Interest
Payable.
Principal
Payable.
Amount.
Authorized.
OutstancTg.
1st Mortgage A. gold. . .....
April 1, 1875.
Oct. 1, 1875.
" 1, 1876.
6p. c.
1C -•
(( u
Ap. 1 & Oct. 1.
it it tt
it (i (i
April 1,1905.
Oct. 1, 1905.
Oct. 1, 1906.
$15,000,000
5,000,000
5,000,000
5,000,000
$14,790.000
4,990,000
5,000,000
4,520,000
» " B, "
« " C, "
" r>, '
Series E and F, each of $5,000,000, and Series G, of $6,000,000, are to be issued as
construction progresses. All these issues run 30 years from the date thereof.
By the terms of the mortgage all the granted public lands unsold at date are in-
cluded, and a trust created whereby the proceeds of all land sales are devoted to the
purchase or redemption of the bonds. The first proposal for the purchase of bonds
to the extent of $200,000 gold, was made in May, 1877, and $220,000 bonds redeemed.
The land grant attaches to 580 miles of the completed road. There had been sold up
to June 30, 1877, 192,661 acres, for the sum of $790,745 gold, being an average of
about $4 per acre. A sinking fund from the "other revenues of the company, of
$100,000 per annum, is provided, commencing in 1882.
Directors (elected July 18, 1877).— Charles Crocker, David D. Colton, Chas.
Mayne, H. M. Newhall, N. T. Smith, Jerome Madden, and J. L. Willcutt, all of San
Francisco, Cal.
CHARLES CROCKER, President San Francisco, Cal.
David D. Colton, Vice- President " "
Secretary— J. L. Willcutt San Francisco.
Treasurer— -N. T. Smith "
General j N. Div..,A.C.Bassett "
Superintend' ts , S. Div., E. E. Hewitt..Loa Angeles.
Chief Engineer— Geo. E. Gray San Francisco.
Road Master— Jos. Murphy
Snpt. Bridges — F. N. Belisle San Francisco.
Master Mack. — John T. Wilson ....
Master Car Builder— F. N. Belisle.
Gen. Tkl. Agt.—J. L. Willcutt
Gen. Freight Agent — A. C. Bassett.
Purchasing Agent — J. R. Watson..
Agent and Attorney — C. P. Huntington New York City.
PRINCIPAL OFFICE AND ADDRESS. ..4th cor. Townsend St., San F'cisco, Cal.
General Agency No. 9 Nassau st., New York City.
LOS ANGELES AND INDEPENDENCE EAILEOAD.
Line of Road. — Los Angeles, Cal., to Independence, Cal 234.00 miles.
In operation : Los Angeles, Cal., to San Monica, Cal 16.67 "
Sidings and other tracks, 1.71 mile. Gauge, 4 feet 8| inches. Eail, 50 Ibs.
Chartered January 4, 1875, to construct a line from Los Angeles to the new
mining region of Inyo County, and also from Los Angeles to the port of Santa
Monica. The latter was built in 1875, and also 14 miles (Los Angeles to Cajon Sum-
mit) of the main line graded. In 1877 (July 1), the line was sold to, and is operated
by the Southern Pacific R. R. Co., and no further work has been done on it.
Boiling Stock (June 30, 1877). — Locomotive engines, 2. Cars — passenger, 5 ;
freight, 25— total, 30. Service cars, 6.
RAILROAD MANUAL OF THE UNITED STATES. 931
Operations for year ending June 30, 1877. — Trains run, 25,772 miles. Passengers
carried, 41,747 ; carried one mile, 568,568. Freight moved, 15,950 ; moved one mile,
184,826 tons.
Earnings.
From Passengers $24,571 90
" Freight, etc 13,374 71
$37,946 61
Expenditures.
For Maintenance of Way $4,201 04
" Transportation, etc 33,31361
$37,514 65
Balance, net earnings, $431.96.
General Balance, June 30, 1877.
Construction, etc $367,352 17 I Capital Stock ($17,098.58 per Mile) $285,000 00
Other Permanent Investments 102,104 81
Cash and Cash Assets 75,945 12
$545,402 10
FloatingDebt 256,58772
Profit and Loss 3,814 38
$545,402 10
Capital stock authorized, $4,000,000. The permanent investments consist of
cost of grading 14 miles of mainline, $86,457.77 ; and interest and discount, $16,647.04.
Directors (elected May 21, 1877). — J. P. Jackson, Grattan Perry, E. L. Sullivan,
David D. Colton, Charles Crocker, and F. S. Douty, San Francisco, Cal.
President J. P. Jackson. | Secretary Grattan Perry.
PRINCIPAL OFFICE AND ADDRESS Los Angeles, Cal.
LOS ANGELES AND SAN DIEGO EATLEOAD.
Line of Road.— Florence(6 m. S. W. Los Angeles), Cal., to San Diego, Cal. 123.60 m.
In operation : Florence, Cal., to Santa Ana, Cal 26.90 "
Sidings and other tracks, 1.42 miles. Gauge, 4 feet 8i inches. Rail, 56 Ibs.
Chartered March 1, 1870. Completed from Florence to Anaheim in 1876, and to
Santa Ana, December, 1877. Leased from September 1, 1876, to the Central Pacific
R. R. Co. The road is operated by the Southern Pacific R. R. Co., which furnished
the means for its construction.
Rolling Stock.— None owned. Furnished by S. P. R. R. Co.
Operations for year ending June 30, 1877. — (20.9 miles) — Included in lessees'
returns. Rental — net earnings.
Financial Statement, June 30, 1877.— Capital stock (authorized, $560,000 ; sub-
scribed, $140,000, and) paid in, $14,000 ; and floating debt, $43.55. Per contra : Con-
struction, $43.55; and cash on hand, $14,000 — total, $14,043.55. No payment made
by this company to builders of the road.
932 RAILROAD MANUAL OF THE UNITED STATES.
Directors.— Leland Stanford, David D. Colton, Charles Crocker, and B. B. Red-
ding, San Francisco, Cal.
B. B. REDDING, President San Francisco, Cal.
Charles Crocker, Vice-President
Treasurer T. Hopkins. Chief Engineer George E. Gray.
Secretary J. L. Willcutt. Superintendent S. N. Towne.
PRINCIPAL OFFICE AND ADDRESS San Francisco, Cal.
SOUTH PACIFIC COAST EAILEOAD. (In Progress.)
Line of Road. — Dumbarton Point, Cal., to Los Gatos, Cal 29.75 miles.
Sidings and other tracks, 1.75 miles. Gauge, 3 feet. Rail, 32-$- Ibs.
Company chartered March 26, 1876.
Rolling Stock. — Locomotive engines, 3. Cars — passenger, 4 ; express and bag-
gage, 2; freight (box, 10; platform, 72), 82 — total, 88. Also, 8 service cars.
Operations for year ending June 30, 1877 (average, 17.75 miles). — Earnings,
$1,627.10.
Financial Statement. — Capital stock (authorized, $1,000,000) subscribed and
paid in, $100,000 ; floating debt, $687,832.54 ; and profit and loss, $1,627.10. Per con-
tra: Cost of road, $521,928.94; of equipment, $71,534.79; and of ferry steamers,
$175,179.28— total permanent investment, $768,643.01 ; and cash on hand, $20,816.63.
Total, $789,459.64.
Directors. — Alfred E. Davis, J. Barr Robertson, George W. Kidd, Daniel Cook,
Joseph Clark, and Edward Barron, San Francisco, Cal. ; and Cary Peebles, Santa
Clara, Cal.
ALFRED E. DAVIS, President San Francisco, Cal.
Joseph Clark, Vice-President " "
Superinten dent . . . Thomas Carter. | Treasurer Alfred E. Davis. | Secretary B. B. Minor.
PRINCIPAL OFFICE AND ADDRESS 21 Nevada Block, San Francisco, Cal.
Line of Road.— Vaca Valley R. R.— Elmira, Cal., to Madison, Cal 30 miles.
Sidings and other tracks, 2 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
The V. V. and C. Lake R. R. Co. was chartered February 19, 1877, and succeeded
the Vaca Valley R. R. Co., chartered April 12, 1869. The line will be extended to
Clear Lake.
Rolling Stock.— Locomotive engines, 2. Cars— passenger, 3 ; express and bag-
gage, 1 ; freight, 15 — total, 19.
Operations February 19 to June 30, 1877.— Trains run, 15,840 miles. Earnings-
passenger, $2,784.85; freight, $10,947.32; and mail, etc., $691— total, $14,423.17.
Operating expenses, $7,715.72. Net earnings, $6,707.45.
RAILROAD MANUAL OF THE UNITED STATES. 933
Financial Statement, June 30, 1877.— Capital stock (authorized, $1,000,000 ; sub-
scribed, $500,000, and) paid in, $50,000 ; funded debt, 1st mortgage (no bonds), $150,-
000; individual aid, $23,649.50; and floating debt, $243,957.41. Per contra: Vaca
Valley R. R. purchase, $250.000; new construction and equipment, $135,177.26; bills
and accounts, $17,322.50; and balance, $65,098.15— total, $467,597.91.
Directors (elected February 19, 1878). — A. M. Steplienson, G. B. Stephenson,
T. Mansfield, A. Theodore, and J. Donaldson.
A. M. STEPHENSON, President Vacaville, Cal.
Superintendent.. G. B. Stephenson. | Freight Agent T. Mansfield, j Secretary E. Allison.
PRINCIPAL OFFICE AND ADDRESS Vacaville, Cal.
VISALIA EAILEOAD.
Line of Road. — Visalia, Cal., to Goshen, Cal 7.33 miles.
Sidings, 1 mile. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
Chartered May 21, 1874, and road opened in same year. Connects at Goshen with.
Southern Pacific Railroad.
Rolling Stock. — Locomotive engine, 1. Cars — passenger, 1 ; freight, furnished
by C. P. R. R. Co.
Operations for year ending June 30, 1877. — Train (mixed) service, 5,373 miles.
Passengers carried, 7,876 ; carried one mile, 50,731. Freight moved, 56,700 tons ;
moved one mile, 415,611 tons. Gross earnings — passenger, $7,876.20 ; freight, $8,-
513.69; and mail, etc., $7,200— total, $17,109.89. Expenses, $11,736.53. Net earn-
ings, $5,373.36.
Financial Statement, June 30, 1876. — Capital stock, $82,025 ; floating debt, $4,-
565.64 ; and profit and loss, $5,373.36. Per contra : Road and equipment, $89,516.20 ;
fuel, $200 ; and cash, $2,247.80— total, $91,964.
R. E. HYDE, President Visalia, Cal.
Secretary Henry Hertz, Visalia, Cal.
PRINCIPAL OFFICE AND ADDRESS Visalia, Cal.
934
RAILKOAD MANUAL OF THE UNITED STATES.
Area, 95,274 square miles. Population, 116,309. Assessed valuation, $41,197,149.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Gauge of
Tracks.
Length of Lines.
Total.
Oregon.
1.
2.
Oregon Central
Ft. In.
4 :8*
4 :8#
M.
47.50
200.00
M.
47.50
200.00
Oregon and California
Total Length. .
247.50
247.50
OKEGON CENTKAL KAILROAD.
Line of Road. — Portland, Oreg., to St. Joseph, Oreg 47.5 miles.
Sidings, etc., 1.39 mile. Gauge, 4 feet 8£ inches. Rail, 50 Ibs.
This company was chartered November 16, 1866, and the road opened to St.
Joseph November 1, 1871.
Rolling Stock. — Locomotive engines, 4. Cars— passenger, 2 ; baggage, etc., 2 ;
freight (box, 20 ; stock, 2 ; platform, 20), 42— total, 46. Also, 20 service cars.
Operations for year ending December 31, 1877.— Trains run— passenger, 30,000 ;
freight, etc., 20,000— total, 50,000 miles. Passengers carried, 18,719. Freight moved,
27,692 tons.
Earnings.
From Passengers $23,134 85
" Freight. 55,386 83
" Mail 2,93906
881,860 74
Expenditures.
For Maintenance of Way $34,505 85
" Boiling Stock 4,60935
" Transportation, etc 43,562 38
$82,677 58
Balance— deficit, $816.84.
RAILROAD MANUAL OF THE UNITED STATES. 935
General Balance, December 31, 1877.
Construction and Equipment $1,071,453 10
Real Estate 131,464 87
Discounts 211,494 08
Current Accounts 56,104 77
Sundry Assets 23,007 59
Profit and Loss 113,659 88
$1,607,184 29
Funded Debt... $300,000 00
Bills Payable 1,000,000 00
Current Accounts 138,552 29
Subsidies 95,438 39
Sundry Liabilities 33,52511
Balance 39,66859
$1,607,184 29
The funded debt consists of 2d mortgage "bonds, dated April 20, 1876, payable
March 1, 1906. The company has also pledged, as collateral, $4,395,000 1st mortgage
7 per cent, bonds, dated July 15, 1871, payable July 15, 1891.
Directors (elected May 24, 1877). — Henry Villard, New York City; R. Koehler,
C. H. Lewis, H. Thielson, Portland, Oreg. ; J. R. Cornelius, Cornelius, Oreg. ; S. F.
Chad wick, Salem, Oreg. ; M. Crawford, Dayton, Oreg.
J. R. CORNELIUS, President Cornelius, Oreg.
R. Koehler, Vice-President Portland, Oreg.
See. & Treas.—A.. G. Cunningham.. Portland,Oreg.
Gen. Frt. & Tkt. Agt.—W. S. Ward. . "
Gen.8up.&P'ch.Agt.—3. Brandt, Jr.Portland, Oreg.
Master Mechanic — A. Brandt " "
PRINCIPAL OFFICE AND ADDRESS Portland, Oreg.
OREGON AND CALIFORNIA RAILROAD.
Line of Road. — Portland, Oreg., to Roseburg, Oreg 200 miles.
Sidings and other tracks, 8 miles. Gauge, 4 feet 8i inches. Rail, 50 and 56 Ibs.
The Oregon Central Railroad Company of Salem was organized under the Act of
Congress passed July 25, 1866. By this act the company became the recipient of a
20-mile wide land grant, estimated to contain 3,500,000 acres, and of this, up to June
30, 1876, there had been certified to them 236,525.97 acres. The present company,
successors of the Oregon Central of Salem, was chartered March 17, 1870. The road
was completed between the present termini December 25, 1869. The Oregon Central
Railroad, as now existing, runs from Portland, on the east side of the Willamette
River, about 50 miles, and will ultimately be connected with the O. and C., at or
near Eugene.
Rolling Stock. — Locomotive engines, 14. Cars — passenger, 11 ; baggage, mail,
and express, 3 ; freight (box, 167 ; stock, 10 ; and platform, 50), 227 — total, 241.
Service cars, 2.
Operations for year ending December 31,1877. — Trains run — passenger, 181,380 ;
freight, 105,340— total, 286,720 miles. Passengers carried, 111,940. Freight moved,
88,578 tons.
Earnings.
Prom Passengers $228,066 61
" Freight 407,788 31
" Mail, Express, 29,92575
Miscellaneous 19,592 84
1785,373 51
Expenditures.
For Maintenance of Way $111,729 50
" Rolling Stock 18,40843
'; Transportation 66,44717
Miscellaneous. 185,961 46
$382,546 56
Balance, net earnings (51.21 per cent.), $402,826.95. Payments: Interest on
bonds (about 3.67 per cent.), $402,826.95.
936
BAILROAD MANUAL OF THE UNITED STATES.
Abstract of operations, traffic, and earnings for three years :
1875.
1876.
1877.
Train Mileage
265,750
153,621
286,720
89,139
98,350
111,940
Freight (Tons) Moved
55,072
61,653
88,578
Passenger Earnings
$
187,520 54
8
187,773 53
$
228 066 61
Freight Earnings
306,285 64
838,036 84
407,788 31
Mail, Express, and other Earnings
52,324 66
50,981 05
49,538 59
Total Earnings
546,130 84
576,791 42
785,373 51
Operating Expenses and Taxes
340,803 42
381,906 43
382,546 56
205,327 42
194,884 99
402 826 95
The net earnings belong to the bondholders, and would allow, for 1875, 1.87^ per
cent. ; for 1876, 1.78 per cent. ; and for 1877, 3.67 per cent, on the amount issued.
Financial Statement. — Capital stock, none issued. Funded debt, 1st mortgage
7 per cent, bonds, dated April 15, 1870, interest payable semi-annual ly, April 1
and October 1, and principal payable April 1, 1890, $10,950,000; other liabilities,
$15,228.46 ; and current accounts, $25,104.07— total liabilities, $10,990,332.53. Per
contra : Road, $4,626,935.80 ; and of rolling stock, $482,336.90 ; real estate, $100,000 ;
other property, $90,656.68; materials and fuel, $32,221.56; bills, $5,504.65 : current
accounts, $252,867.19 ; and cash on hand, $61,118.69— total, $5,651,641.47.
Directors (elected April 10, 1878).— Henry Villard, New York, N. Y. ; Ilichard
Koehler, C. H. Lewis, Hans Thielson, and C. A. Dolph, Portland, Oreg. ; S. F. Chad-
wick, Salem, Oreg. ; and J. H. Foster, Albany, Oreg.
HENRY VILLARD, President New York City.
Richard Koehler, Vice- President and Chief Eng. . . .Portland, Oreg.
Treasurer and Secretary A. G. Cunningham.
General Superintendent J. Brandt, Jr.
Ticket and Freight Agent E. P. Rogers.
Master of Machinery A. Brandt.
PRINCIPAL OFFICE AND ADDRESS Portland, Oregon.
RAILROAD MANUAL OF THE UNITED STATES.
937
TERRITORY OF
Area, 69,994 square miles. Population, 49,909. Assessed valuation, $13,822,609.
RAILROADS IN OPERATION, JANUARY 1, 1878.
CORPORATE TITLES.
Guage of
Tracks.
Length of Lines.
Total.
Wash'ton.
1 . Dall es and Des Ch utes
Ft. In.
4 :8*
4 :8#
3 :
3 :
M.
6.00
136.50
22.50
32.00
M.
6.00
136.50
22.50
- 32.00
2 Northern Pacific
3. Seattle and Walla-Walla. .
4. Walla- Walla and Columbia River ...
Total Length
197.00
197.00
DALLES AND DES CHUTES KAILEOAD.
Line of Road. — Around Lower Cascades of Columbia River, Wash. Ter..6 miles.
This road was built, and is owned by the Oregon Steam Navigation Company,
and used in their operations on the Columbia River. Steamers sail daily between
Portland and Dalles. Dalles is at the head of the lower navigation of the river. It is
the oldest railroad in Washington Territory.
HENRY VILLARD, President New York City.
Vice-President S. G. Reed. | General Superintendent J. W. Sprague.
PRINCIPAL OFFICE AND ADDRESS Portland, Oregon.
NORTHERN PACIFIC RAILROAD. (Pacific Div.)
Line of Road.— Kalama, W. T., to New Tacoma, W. T 105.0 miles.
Branch : New Tacoma, W. T., to Wilkeson, W. T 31.5 "
Total length of Pacific Division as operated 136.5 miles.
938 EAILROAD MANUAL OP THE UNITED STATES.
The history of this road is given in the report of the company in Minnesota.
Earnings for year ending August 31, 1877 — from passengers, $66,239.62 ; from freight,
$47,513.85; mail and express, $6,329.63— total, $120,083.10. Operating expenses,
$77,285.93. Net earnings, $42,797.17.
SAMUEL A. BLACK, Supt. and Land Oom'r Tacoma, W. T.
W. W. Vogdes, General freight and Ticket Agent. . " "
OFFICE OF PACIFIC DIVISION Tacoma, W. T.
SEATTLE AND WALLA-WALLA KAILKOAD.
Line of Road. — Seattle, Wash. Ter., to Newcastle, Wash. Ter 20.5 miles.
Sidings and other tracks, 3£ miles. Gauge, 3 feet. Rail, 30 Ibs.
Opened from Seattle to Renton, 14 miles, April 7, and to Newcastle, October 15,
1877. The purpose of the company is to construct a line from the port of Seattle,
Puget's Sound, to Walla- Walla, on Columbia River. At Newcastle it reaches the
Seattle Coal Company's mines, and is now employed in carrying coal to the seaboard.
Rolling Stock. — Locomotive engines, 3. Cars — passenger, 2; and freight and
coal cars, 46.
Directors (elected March, 1878).— A. A. Denny, William N. Bell, John Col-
lins, J. M. Colman, Bailey Gatzert, John Seary, James McNaught, F. Matthias,
Wm. Renton, A. Mackintosh, C. B. Shattuck, H. S. Yesler, and L. B. Andrews.
A. A. DENNY, President Seattle, Wash. Ter.
H. S. Yesler, Vice-President Newcastle, Wash. Ter.
Treasurer B. F. Briggs. | Secretary Roswell Scott.
PRINCIPAL OFFICE AND ADDRESS Seattle, Wash. Ter.
WALLA-WALLA AND COLUMBIA KIYEK EAILROAD.
Line of Road.— Walla- Walla, Wash. Ter., to Wallula, Wash. Ter 32 miles.
Sidings and other tracks, 2 miles. Gauge, 3 feet. Rail, 25 Ibs.
Chartered December 19, 1868, and road completed and opened for business Novem-
ber 1, 1875. Trains are run in connection with the Oregon Steam Navigation Com-
pany's steamers on the Columbia River.
Rolling Stock. — Locomotive engines, 3. Cars — passenger, 2 ; and freight — box,
10; and platform, 16 — total cars, 28.
Operations. — All information refused.
Financial Statement, December 31, 1876 (latest). — Capital stock paid in, $145,-
650; and floating debt, $171,268.73; cost of property, $323,715.82.
D. S. BAKER, President & Gen. Supt. . ..Wai la- Walla, Wash. Ter.
Vice-President J. F. Boyer. | Treasurer William Stephens. | Agent E. F. Baker.
PRINCIPAL OFFICE AND ADDRESS Walla- Walla, Wash. Ter.
RAILROAD MANUAL OF THE UNITED STATES.
939
[The following statement was received too late to "be inserted in its proper place,
among those of the State of Pennsylvania, on page 282] :
EKIE AND PITTSBUKG KAILROAD.
Line of Road.— Erie, Pa. , to New Castle, Pa 81 miles.
Sidings, etc., 26.30 miles. Gauge, 4 feet 9| inches. Rail, 60 Ibs.
This company was chartered April 1, 1858, and the road opened in 1862. It was
leased to the Pennsylvania R.R. Co. for 999 years from March 1, 1870, and is operated
by the Pennsylvania Company at an annual rental of 7 per cent, on the capital stock
and funded debt.
The company use the Lake Shore and Michigan Southern Railway from Girard
to Erie and the Docks, 18.468 miles, making total length of line used 99.47 miles.
Rolling Stock. — Locomotive engines, 29. Cars — passenger, 5 ; baggage, mail
and express, 4 ; freight (box and stock, 58 ; platform and coal, 1,261), 1,319 ; caboose,
10— total cars, 1,338.
Operations for year ending December 31, 1877. — Trains run — passenger, 145,804 ;
freight, 376,389— total, 522,193 miles. Passengers carried, 146,382 ; carried one mile,
2,761,730. Freight moved, 783,109 tons ; moved one mile, 42,741,675 tons.
Earnings.
From Passengers $83,03913
" Freight 472,11401
" Mail and Express 19,51718
Miscellaneous 3,521 49
Expenditures.
For Maintenance of Way $111,708 12
" Rolling Stock 140,12126
" Transportation, etc 100,799 53
Miscellaneous ... 4,717 11
$357,346 02
Rental paid by lessees, $375,040. Pay-
$578,191 81
Balance — net earnings, $220,845.79.
ments from rental — interest on funded debt, $232,540 ; dividends (7 per cent.) and
taxes, $139,888 ; other payments, $112. Balance— deficit_on earnings, $154,194.21.
Abstract of operations for seven years :
Fiscal Years.
Miles
R. R.
Passen-
gers.
Mileage.
Freight,
Tons.
Mileage.
Gross
Earnings.
Net
Earnings.
Divi-
dends.
la
w «
0
1871..
83.7
250,727
1 211,798
$1 220 542
$686,082
$128,a33
7
1872
83.7
2(>5,985
4,392 795
1 141 437
63 788 076
1 385 937
729,611
139,744
7
1873
81.5
236,695
4,462,961
1,025.392
62 108 124
1 166,423
517,868
139,748
7
1874
81.5
204, -4-->5
3,975,776
800947
46 019 165
870 703
389,795
174,685
7
1875
81 5
181,114
3,619,793
612 7'.'7
32 846 959
605 674
226,788
140,000
7
'1876..
81.0
157,309
3088406
599 802
33 926 8^2
545 215
190,892
140,000
r»
1877
81 0
146,3«2
2,761,730
783,109
42 741 675
578 192
270,846
139,888
7
General Balance, December 31, 1877.
Construction and Equipment $5,076,551 29
Stocks and Bonds 27,649 63
Sundry Assets 215,000 00
Cash, etc 29,805 95
ProfitandLoss 82,178 43
$5,381,185 30
Capital Stock
$1,998,400 00
Funded Debt
8,822,000 00
Bills Payable etc . . .
27,358 50
21,88604
11,54076
$5,381,185 30
940 BAILROAD MANUAL OF THE UNITED STATES.
Abstract of financial statement for seven years :
Fiscal Years.
Miles of
Track.
En-
gines.
Cars.
Stock.
Bonds.
Railroad
and
Equipment.
1871
105.1
27
814
$1,099,550
$3,177,000
$4,771,124
1872 .
96.9
29
1 352
1 099 550
3 327 000
4 923 003
1873 .
93.8
29
1,356
1,099550
3 327 000
4 939 345
1874
101.5
29
1,352
1,099,550
3,457,000
5,070 409
1875
101.5
29
1,358
1,998,400
3,377,000
5 074 366
1876
101.5
29
1,358
2,000,000
3,322,000
5 075 497
1877
107.3
29
1,358
1,998,400
3322000
5 076 531
Detailed statement of funded debt, December 31, 1877 :
Character of Bonds.
Date of
Bonds.
Kate.
Interest
Payable.
Principal
Payable.
Amount
Authorized.
Amount
Out-
standing.
First Mortgage
July 1, 1862.
7
Jan. and July.
July 1, 1882.
$900,000
$291,700
Second Mortgage
Mar. 1, 1865.
7
April and Oct.
Mar. 1, 1890.
400,000
92,300
Consolidated Mortgage..
Equipment Mortgage —
July 1, 1868.
Oct. 1, 1870.
7
7
Jan. and July.
April and Oct.
July 1, 1898.
Oct. 1, 1900.
4,500,000
1,000,000
2,193,000
745,000
Directors (elected January 14, 1878). — William L. Scott, M. Courtright, Charles
M. Reed, James McCarter, and William Brewster, Erie, Pa. ; S. T. Fa.irckild, Caze-
novia, N. Y. ; and David Dows, New York City.
WILLIAM L. SCOTT, President Erie, Pa.
General Manager— J. D. Layng Pittsburg. Pa. | Sec. and Treas.— William Brewster Erie, Pa.
Purchasing Agent— Wm. Mullins Pittsburg, Pa.
PRINCIPAL OFFICE AND ADDRESS Erie, Pa.
Lessees' Office Pittsburgh, Pa.
Transfer Office 73 Broadway, New York, N. Y.
PANAMA KAILEOAD.
Line of Road. — Aspinwall (Atlantic), Col., to Panama (Pacific), Col. .47.57 miles.
Sidings, 12.23 miles. Gauge, 5 feet. Rail (iron), 64, and steel (11 m.), 56 Ibs.
This inter-oceanic line was chartered by the Legislature of New York, April 7,
1849. The road was opened from the Atlantic to the Pacific January 28, 1855. Its
immediate purpose was to provide a route to California. It has become a great com-
mercial highway between the nations on the coasts of Western Europe and Eastern
Asia, as well as between San Francisco and New York. It is about to be extended to
deep water at the Panama terminus.
Rolling Stock.— Locomotive engines, 15. Revenue cars — passenger, 24; bag-
gage, mail and express, 4 ; and freight — box, 260 ; stock, 4 ; platform, 42 ; and coal,
89 — total revenue cars, 373. Service cars, 44.
Floating Stock.— Steam tugs, 2 ; and freight launches, 12.
RAILROAD MANUAL OF THE UNITED STATES.
941
Operations for year ending December 31, 1877. — Passengers carried, 22,110 ;
freight moved, 146,942 tons. Gross earnings, $1,988,130.81 ; and operating expenses,
$456,979.25; net revenue, $1,531,151.56. Payments from net revenue — interest on
funded debt, $209,468.19 ; dividends on stock (12 per cent.), $840,000 ; and subsidy to
United States of Colombia, $250,000. Balance to credit, $231,683.37.
Financial Statement, December 31, 1877.— Capital stock, $7,000,000 ; and funded
debt, sterling general mortgage 7 per cent. 30-year bonds, dated October 10, 1867
(authorized, £1,000,000), 2,989 bonds of £200 each, £597,800, or $2,905.308. Per
contra : Cost of property, $12,000,000.
Treasurer's Statement, December 31, 1877. — Assets: Panama R. R. stock (900
shares), $112,500; due from connecting lines, $284,549.66; Colombian Government
Subsidy, $263,538 ; bills receivable, $300,781.25 ; due from sinking fund, $56,267.30 ;
funds in London, $47,120 ; other accounts and cash, $46,997.73— total. .$1,111,798 94
Liabilities— loans, $150,000 ; Isthmus drafts, $7,149.06 ; and drawbacks
on Colombian produce, $3,500 160,649 06
Balance — being surplus or assets exceeding liabilities $950,149 88
Sinking Fund, December 31, 1877, $731,945.38.
Directors (elected April 1, 1878).— John R. Marshall, T. W. Park, Frederick
Butterfield, Charles G. Francklyn, C. E. Leverich, Joseph Ogden, Samuel C. Thomp-
son, Andrew Boardman, H. H. Baxter, George A. Hoyt, J. G. McCullough, Thomas
Haddock, and John M. Burke, New York City.
T. W. PARK, President New York City.
J, G. McCullough, Vice- President " "
Treasurer and Secretary W. J. Emmet. | Superintendent (Aspinwall) B. Mozley.
PRINCIPAL OFFICE AND ADDRESS. ...No. 7 Nassau Street, New York City.
UNITED STATES ROLLING STOCK COMPANY".
This company was organized in 1871 for the purpose of acquiring or constructing
all descriptions of rolling stock in use on railroads, and hiring or leasing the same to
Railroad Companies.
The amount of rolling stock belonging to it, December 31, 1877, was as follows :
Locomotive engines 104 ; cars — passenger, 65 ; combination, 4 ; baggage, 23 ; freight
— (box, 2,035 ; stock, 501 ; gondola,l,016 ; oil tank, 130 ; dump, 25 ; refrigerator, 130;
flat, 135 ; coal, 26), 3,988. Total of passenger train cars, 92 ; freight train cars, 3,988.
Of these there were in actual use at that time as follows : Locomotive engines, 52.
Cars — passenger, 41 ; combination, 3; baggage, 16 ; freight, 3,789.
Abstract of rolling stock at close of fiscal year, for five years :
Locomotives.
Passsenger
Cars.
Combination
Care.
Baggage
Cars.
Freight
Cars.
Rental and
Mileage for
Year.
InUse.
Total.
InUse.
Total.
InUse .
Total.
InUse.
Total.
InUee.
Total.
1872
28
89
60
54
54
52
28
105
105
105
105
104
35
50
49
40
40
41
50
86
65
65
65
65
4
4
3
3
3
3
4
4
4
4
4
4
23
23
22
14
14
10
23
23
23
23
23
23
2,735
4,033
3,887
3,483
3,483
3,789
2.735
4,050
8,9.-)7
8,031
8,931
3,988
$262,379 32
1,006.648 84
1.0-'4.869 44
474,^1 47
5 5.268 10
517,947 48
1873
1874
1875
1876 . .
1877
942
RAILEOAD MANUAL OF THE UNITED STATES.
Income Account year ending December 31, 1877.
Keceipts from Kentals $346,550 38
" Mileage 281,39715
" Interest 7,63886
Chicago Works.
783 44
General Expenses $77,577 68
Operating Expenses and Repairs 98,460 62
Freight, etc 17,73877
Taxes, Insurance, etc 34,602 98
$586,369 78
Balance — net earnings, $357,989.73, out of which was paid dividend No. 8, Sep-
tember 1, 1877, $103,040, leaving as surplus, $254,949.73. There was also paid a
dividend in March, 18.78, of $126,000.
The income account for the year 1877 was charged with all repairs, etc., instead
of as heretofore, only such as were not chargeable to lessees. On the former basis, the
charge for operating expenses and repairs would have been $39,384.25 ; and net in-
come, $419,471.83.
Of the earnings for the year, $77,047.83 were for locomotives; $28,846.09 for
passenger cars, and the balance for mileage and for various kinds of freight cars.
General Balance, December 31, 1877.
Cost of Rolling Stock $5,047,074 85
Materials on Hand, Urbana 88,307 66
Suspended Accounts 1,215,995 29
Sundry Accounts 150,192 00
Cash and Cash Assets 410,309 34
Chicago Works, etc 150,867 77
Capital Stock $5,000,000 00
Reserve Account 404,767 59
Bills Payable
Chicago Mortgage
72,976 30
, 60,00000
Reserve in Suspense 1,215,995 29
Sundry Accounts ,
54,05800
Balance to Credit 254,949 73
$7,062,746 91 $7,062,746 91
Trustees (elected February 11, 1878). — J. B. Hodgskin, W. H. Guion, Adrian
Iselin, E. G. Fabbri, and Jonathan Edwards, of New York.
JAMES B. HODGSKIN, President New York.
William H. Guion, Vice- President " "
Sec. and Trcas.—A.. Hegewisch New York. | Master Hech.—G. F. Jauriet , New York.
PRINCIPAL OFFICE AND ADDRESS 74 and 76 Wall Street, New York.
PULLMAN'S PALACE CAR COMPANY.
This company was organized to furnish sleeping and parlor cars to Railroad Com-
panies. At the close of the last fiscal year, July 31, 1877, it owned 460 cars and
equipments.
Revenue Account, year ending July 31, 1877.
Earnings, including Leased Lines $2,035,671 49
" through other Associations. 526,467 71
Patent Royalties 8,50000
$2,570,639 20
Operating Expenses, Taxes, etc $617,518 36
Other Associations, etc 367,555 88
Rentals, Leased Lines 264,000 00
Profit and Loss . . , 46,206 47
$1,295,280 71
RAILROAD MANUAL OP THE UNITED STATES.
943
Balance — net income, $1,275,358.49. Payments — interest on funded debt, $183,-
272.50 ; dividends (8 per cent.), $471,056— total, $654,428.50. Balance— surplus,
$620,929.99. Expended in rebuilding and remodeling cars, $69,836.45. Carried to
credit of income account, $551,093.54.
General Balance, July 30, 1877.
Cars and Equipments $8,491,252 92
Detroit Car Works 343,42382
Patents 164,383 43
Investments in other Companies 2,392,577 69
Materials, etc 266,122 58
Sundry Assets, Fixtures, etc 232,481 02
CashonHand 70,04261
$11,960,284 07
Capital Stock $5,938,200 00
FundedDebt 2,367,00000
Sales of Old Cars 419,013 68
Guarantee Fund 53,72855
Sinking Fund. 506,000 00
Balance, Credit Income Account 2,682,341 84
$11,890,284 07
The funded debt consists of $603,000 7 per cent, currency debenture bonds, due Oc-
tober 15, 1878 ; $298,000 8 per cent, do., 2d series, due May 15, 1881 ; $218,000 7 per
cent, sterling debenture bonds ; $432,000 8 per cent, currency debenture bonds, 3d
series,due February 15, 1887, and $816,000 do., 4th series, due August 15, 1892.
Directors (elected 1877). — Geo. M. Pullman, C. G. Hammond, John Crerar,
Marshall Field, Amos T. Hall, Chicago 111.; J. Pierpont Morgan, New York City ;
J. N. Du Barry, Philadelphia, Pa.
GEO. M. PULLMAN, President Chicago, III.
Vice- President.— Horace Porter New York City.
2d Vice-President. — A. B. Pullman ...Chicago, 111.
Secretary.— G. W. Angell New York City.
Gen. Supt.—D. N. Welch Chicago, HI.
Gen. Tkt. Agent— G. M. Gray
Purchasing Agent.— W '. Angell " "
PRINCIPAL OFFICK AND ADDRESS. .Cor. Mich. Av. and Adams St., Chicago.
New York Office Drexel Building, cor. Broad and Wall Sts.
944
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946
EAILKOAD MANUAL OF THE UNITED STATES.
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RAILROAD MANUAL OF THE UNITED STATES.
947
DOMINION OF
(Exclusive of Manitoba, the Northwest Territory, and British Columbia.)
Area, 366,288 square miles. Population, 4,289,584. Population to square mile, 11.59.
RAILWAYS IN OPERATION, JANUARY 1, 1878.
COKPOKATE TITLES.
Gauge of
Track.
Length of
Lines.
Mileage in Province? of
In U.S.
Ontario.
Quebec.
N. Brans.
N. Scotia.
Pr. Kd. I.
1. Albert
Ft. In.
4:8*
4:8^
5 :6
4:8tf
5 :6
4:8^
5 :6
4:8#
Var.
5 :6
4:8*
4:8X
4:8^
4:8>$
4:8#
4:8;*
4:8^
4:8>£
4:8^
4; 8^
4:8#
3 :6
4:8^
4:8^
4:8#
4:8X
4:8^
4:8^
4:8>*
4:8^
3 :6
5 :6
4:8#
4:8#
4:8*
8 :6
4:8^
4:8^
4:8^
4:8*
4:8^
4:8^
4:8X
4 :8X
4:8*
4:8)*
4:8>i
4:8^
3 :6
3 :6
4:8*
4:8>i
4:8^
4:8^
4:8^
4:8>*
M.
51.00
34.00
86.50
161.00
105.00
291.JSO
13.50
9.00
147.00
47.00
8.00
31.30
91.50
23.00
15.25
1,013.00
495.80
146.39
745.00
61.50
10.00
26.50
45.00
23.66
68.89
34.50
129.00
24.00
23.00
53.00
152.00
120.00
167.74
14.00
63.00
198.50
61.00
25.50
326.60
45.00
27.50
12.00
59.00
29.75
4.00
46.00
43.00
27. CO
88.00
191.00
33.00
26.00
31.08
16835
46.00
8400
M.
M.
M.
51.00
M.
M.
M.
2. Brant., Nor. & Pt. Bur.(G.W.)
3. Brockville and Ottawa
34.00
86.50
161.00
105.00
291.80
4. Buffalo & Lake Huron (G. T.)
5. Canada Central
7. Carillon and Grenville
13.50
9.00
9. Coal Railways
147.66
10. Coburg, Peterboro & Mar. . . .
11. Credit Valley
47.00
800
31.30
12. Erie and Niagara
13. European & North American.
14. Fredericton
91.50
23.00
15. Gait and Guelph (G. Tr.)
16. Grand Trunk
1525
536.00
495.80
146.39
461.00
16.00
17. Great Western
18. Hamilton & North Western.
19. Intercolonial
175.00
348.00
222.00
20. Kingston and Pembroke
61.50
21. Lake Champlain & St. Law. . .
22. LakeSimcoe Junction VT.&N.)
23. Levis and Kennebec
10.00
26.50
' 23.66
68.89
45.00
24. London & Port Stan. (G. W.)
25. London, Hur. & Bruce tG.W.)
26. Massawippi Valley
34 50
27. Midland
129.00
28. Missisquoi & Black Rivers . . .
29. Montreal & Vermont Junction
30. Montreal, Portland & Boston.
31. New Brunswick
24.CO
23.00
53.00
137.00
117.00
15.00
3.00
32. New Brunswick & Canada...
83. Northern
167.74
34. Petitcodiac and Elgin
14.00
35. Port Dover & Lake Huron...
86. Prince Edward Island
63.00
198.50
37. Quebec Central
61.00
38. Quebec & L. St. John (wood)
39. Quebec, Men., ot. AOcciden
40. Rideau,.nd North-Eastern. ..
41. St. Fran., Megantic & Inter.
42. St. Lawrence and Industry. .
43. St. Lawrence & Ottawa
44. St. Martin's and Upham
25.50
326.60
45.00
27.50
12.00
59.00
29.75
45. Sarnia, Chatham and Erie
46. South Eastern
4.00
46.00
47. Stanstead, Shefford & Cham.
48. Statford A; llti. (P. D. & L.H.)
49. Toronto and Nipissing
43.00
27.00
8800
191.00
33.00
50. Toronto, Gruy and Bruce
51. Victoria
52. Waterloo and Magog
26.00
53. Wellaml ((i.W. 14.83 in.)
54. Wellington. Grey & B. (G.W.)
55. Whitby, Port Per. & Lindsay.
56. Windt-or and Annapolis
31.08
168.35
46. CO
84.00
Grand Total
34.00
6,103.11
3,190.76
1,406.60
820.25
453.00
198.50
948
ALBEKT KAIWAY.
Line of Road.— Salisbury, N. Br., to Hopewell, N. Br 51 miles.
Sidings and other tracks, 2 miles. Gauge, 4 feet 8£ iuclies. Rail, 56 Ibs.
This line was opened in 1877.
Rolling- Stock.— Locomotive engines, 3. Cars— passenger, 3 ; baggage, 1 ;
freight (box, 25 ; platform, 21) 46— total, 50.
Operations for year ending June 30, 1877. — No returns.
Financial Statement (July 1, 1877).— Capital stock, $642,000; funded debt, 1st
mortgage 6 per cent, bonds, $600,000 ; and bonuses — provincial, $455,000, and
municipal, $70,000; total authorized, $2,125,000; floating debt, $600,000: total paid
up, $1,242,000. Cost of road and equipment to date, $1,767,000.
PRINCIPAL OFFICE AND ADDRESS Salisbury, New Brunswick.
BEOCKVILLE AND OTTAWA RAILWAY.
Line of Road. — Brock ville, Out., to Ottawa, Ont 72.5 miles.
Branch Line : Smith's Falls, Ont., to Perth, Ont 12.0 "
Total length of railway owned by company 86.5 miles.
Sidings, etc., 4.33 miles. Gauge, 5 feet 6 inches. Rail, 56, 60 and 70 Ibs.
Opened toCarleton Place, 45.5 miles, in 1859. The extension to Ottawa was com-
pleted in 1871, and leased te Canada Central. Perth branch was built in 1857-58.
Rolling Stock. — Locomotive engines, 10. Cars — passenger, 5 ; baggage, 2 ;
freight (box, 143 ; and platform, 26), 169— total, 176. Service cars, 4.
Operations for year ending June 30, 1877 (57.5 m). — Trains run — passenger,
96,642; freight, 82,497— total, 179,139 miles. Passengers carried, 51,860; carried
one mile, 1,588,380. Freight moved, 85,505 tons ; moved one mile, 4,529,090 tons.
Earnings.
From Passengers $57,460 59
" Freight 145,99125
" Express, Mail, etc 6,75916
$210,211 00
Expenditures.
For Maintenance of Way $25,395 59
" KollingStock 22,98705
" Transportation, etc 56,154 04
$104,536 68
Balance— net earnings (50.37 per cent.), $105,674.32. Payments from net earn-
ings—renewals, $14,590.27 ; interest, $59,720.55.
Income Account for 1876-77.— Balance July 1, 1$76. Cash, $12,513.50; and
supplies, $42,588.09— total, $55,100.59; traffic earnings, $210,211.00; and miscella-
neous receipts, $13,240.78. Per contra : transportation, $104,536.68; renewals, $14,-
590.27; interest, $45,130.38; other expenditures, $64,742.26; and balance, June 30,
1877. Cash, $15,292.85 ; and supplies, $34,260.03— total, $49,552.88. Balance total,
$278,552.37.
Financial Statement. — Capital stock, $540,000 ; funded debt (6 per cent.), $848,-
000 ; and floating debt, $88,230.56.
Directors (elected August 7, 1877).— John G. Richardson, Brockville, Ont. ; D,
RAILROAD MANUAL OF THE UNITED STATES. 949
Galbraith, Almonte, Ont. ; H. Abbott, W. Fitzsimmons, Allan Turner, and J. N.
Travers, Brock ville, Ont.; and B. Rosamond, Almonte, Ont.
JOHN G. RICHARDSON, President Brockville, Ont.
D. Galbraith, Vice-President Almonte, Ont.
Managing Director H. Abbott. I Superintendent T. D. McKinnon.
Secretary and Treasurer Archer Baker. | Master Machinery H. A. Alden.
PRINCIPAL OFFICE AND ADDRESS Brockville, Ontario, Can.
CANADA CENTRAL RAILWAY.
Line of Road. — Carleton Place, Ont., to Pembroke, Ont 75.5 miles.
Sidings and other tracks, 24 miles. Gauge, 5 feet 6 inches. Rail, 58, 60 and 75 Ibs.
Chartered May 18, 1861. Opened in 1870 and 1875. The road has been operated
in connection with the Brockville and Ottawa line ; and the two roads were consoli-
dated in December, 1877. It is now being extended from Pembroke to a connection
with the Canada Pacific. The government returns state the length of the road at
105 miles, which includes the line from Carleton Place to Ottawa, constructed by the
Brockville and Ottawa Ry. Co.
Rolling1 Stock. — Locomotive engines, 3. Passenger cars, 6 ; baggage, mail and
express, 2 ; and freight, box, 17, and platform, 22 — total revenue cars, 47.
Operations for the year ending June 30, 1877. — Trains run — passenger, 58,791 ;
freight, 24,372 ; and mixed, 30,149— total, 113,312 miles. Passengers carried, 80,170.
Freight moved, 34,666 tons. Gross earnings — passenger, $87,911.12; freight, $50,-
428.75, mail and express freight, $7,760.41; and miscellaneous, $666.81— total,
$146,767.09. Operating expenses, $103,983.95. Net earnings, $42,783.14.
Financial Statement, June 30, 1877.— Share capital, $40,000 ; bonded debt (6s),
$1,330,000; and municipal bonds, $42,500— total, $1,412.500.
JOHN G. RICHARDSON, President Brockville, Ont.
Manager H. Abbott. | Secretary Archer Baker | Superintendent T. A. McKinnon.
PRINCIPAL OFFICE AND ADDRESS.. ..Brockville. Ontario. Can.
CANADA SOUTHERN RAILWAY.
Line of Road. — International Bridge, Ont., to Amherstburg, Ont — 229.2 miles.
Branch Line: St. Clair Junction, Ont., to Courtwright, Ont 62.6 "
Leased Line : Erie and Niagara Railway 31.3 "
Total length of line operated by company 323.1 miles.
Sidings and other tracks, 25.5 m. Gauge, 4 ft. 8i in. Rail (steel, 235 m.), 60 Ibs.
The company is now being reorganized, and will hereafter include the Toledo,
Canada Southern and Detroit ; the Michigan Midland and Canada, and the Erie and
Niagara Railways.,
950
EAILROAD MANUAL OF THE UNITED STATES.
Rolling Stock, June 30, 1877. — Locomotine engines (hired, 7), 40. Cars — passen-
ger, 1st cl. 19, and 2d cl. 16 ; baggage, mail, etc., 15 ; freight (box, 1,785 ; platform,
231), 2,016— total cars, $2,066.
Operations for year ending June 30, 1877. Trains run — passenger, 540,839 ;
freight, etc., 855,781— total, 1,396,620 miles. Passengers carried, $199,067. Freight
moved, 680,307 tons.
Earnings.
From Passengers $360,965 65
" Freight, etc 712,25646
" Mail, Express, etc 29,895 85
Expenditures.
For Maintenance of Way .............. $134,114 95
" Rolling Stock ...................... 370,29886
Transportation, etc ..................... 508,569 8*
Total ($3,413.11 per mile) .- . . $1,103,117 96
Balance — net earnings (8.17 per cent.), $90,134.34.
$1,012,983 62
Financial Statement, July 1, 1877.— Capital stock, $15,100,000; funded debt,
$11,197,189.37; subsidies— provincial, $147,858.65; and municipal, $320,052.11 ; and
floating debt (not including past due coupons), $669,125.75 — total stock, bonds, etc.,
$27,464,225.90. Per contra: Cost of railways and equipment, $26,735,181.96.
The following scheme of reorganization is being carried out. The bonds of the
Canada Southern Ry. Co., and of the lines to be consolidated with it, together with
arrears of interest, are to be cancelled, and the bonded debt to be provided for by the
issue of $14,000,000 new bonds, which are to run 30 years from January 1, 1878.
For the first three years the interest will be at the rate of 3 per cent., and thereafter
at the rate of 5 per cent., and will be guaranteed for 20 years by the New York Cen-
tral and Hudson River R. R. Co. $2,500,000 is reserved to pay the floating debt of
the Canada Southern Ry. Co., and furnish equipment. The remaining $11,500,000
will be exchanged for old bonds, as follows :
Old Issues.
Rate,
p. c.
New Issue.
Canada Southern, 1st Mortgage, 7s, 1871-1906. . .
$9,000,000
Par.
$9,000,000
2d Mortgage, 7s, 1873-1893
1,500000
31 2/»
475,000
" Bridge Bonds
800000
Par.
800,000
Toledo, Canada Southern and Detroit, 1st Mortgage
1,400,000
70
980,000
Michigan, Midland and Canada, 1st Mortgage
400,000
25
1000.00
Erie and Niagara (leased) Bonds ....
450000
50
225,000
Total Amount
$13,550,000
Av. 354-
$11,580,000
The scheme also provides for the establishment of a sinking fund, and for the
security of the guarantors in the possession of the company's railways, etc.
Directors (elected June 5, 1878). — W. H. Vanderbilt, C. Vanderbilt, Augustus
Schell, Samuel F. Barger, E. D. Worcester, W. L. Scott, and Ed. Wickes, New York
City ; J. Tillinghast, Buffalo, N. Y.
J. TILLINGHAST, President Buffalo, N. Y.
c,,«/,»x!»,^«^^/o J Geo. Skinner. St.Thomas, Ont.
Superintendents- -J M D Woodford. . . .Toledo, O.
Eastern Passenger Agent— J. W. Reynolds, No. 409
Broadway, New York City.
Wesfn Pass. Agt.—W. H. Hurlburt... Chicago, 111.
General Manager— W. K. Mnir...St. Thomas, Ont.
Treasurer— M.. H. Taylor " "
Secretary— Nicol Kingsmill Toronto, "
Gen. Freight Agent- -W. H. Perry ... Buffalo, N.Y.
Gen. Pass. & Tkt. Agt.—F. E. Show, Detroit, Mich.
PRINCIPAL OFFICE AND ADDRESS St. Thomas, Ontario, Can.
RAILROAD MANUAL OF THE UNITED STATES. 951
CARILLON AND GKENVILLE KAIL WAT.
Line of Road. — Carillon, Queb., to Grenville, Queb 13.5 miles.
Sidings and other tracks, 0.75 mile. Gauge, 5 feet 6 inches. Rail, 65 Ibs.
Chartered June 24, 1848, and road opened October 10, 1854. It runs along the
Lower Ottawa, and is used mainly for summer traffic.
Rolling Stock. — Locomotive engines, 4. Cars — passenger, 1st cl., 2; and 2d cl.,
4 ; baggage, mail, and express, 2 ; and freight — box 2, and platform, 3.
Operations for year ending December 31, 1877. — Trains run, 13.250 miles. Pas-
sengers carried, 33,348. Freight moved, 1,593 tons. Gross earnings — passenger,
$10,661.81 ; freight, $2,624.40 ; and other, $618— total, $13,904.21. Operating expenses,
$12,271.53. Net earnings, $1,632.68.
Financial Statement.— Capital stock, $94,000; and floating debt, $16,000— total,
representing the cost of the property to the present owners, $100,000.
E. W. SIMPSON, President Grenville, Queb.
Vice-President and Manager H. W. Shepherd. | Assistant Manager R. W. Shepherd.
PRINCIPAL OFFICE AND ADDRESS Greuville, Quebec, Canada.
CHATHAM BRANCH RAILWAY.
Line of Road. — Chatham Junction, N. Br., to Chatham, N. Br .9 miles.
Sidings and other tracks, 1 mile. Gauge, 4 feet 8i inches. Rail, 56 Ibs.
This road was opened for traffic August 1, 1876.
Rolling Stock. — None owned. Hired from Intercolonial.
Operations for the 10 months ending June 30, 1877. — Trains run, 21,500 miles.
Gross earnings, $3,982.78. Operating expenses, $8,870. Deficit, $4,887.22.
Financial Statement. — Capital stock (subscribed, $104,310), $50,000; and pro-
vincial bonus, $32,000— total, $82,000. Cost of road, $98,000.
PRINCIPAL OFFICE AND ADDRESS Chatham, New Brunswick.
COAL RAILWAYS IN NOVA SCOTIA.
These railways are the properties of coal companies operating in Nova Scotia
and Cape Breton. The following table, showing gauge, length, and rolling stock, is
made up from the government report for the year ending June 30, 1877 :
952
RAILROAD MANUAL OF THE UNITED STATES.
Nova Scotia.
Cape Breton.
Companies.
Gauge.
Road.
Eng's
Cars.
Companies.
Gauge.
Road.
Eng's
Cars.
Aradia
Ft. In.
4:8*f
4:8*
5 : 6
4:8X
5 :6
4:8*
4:8^
4:8#
M.
4.00
9.00
7.00
2.75
6.25
6.00
27.00
7.75
No.
1
5
[j
1
2
No.
404
93
78
60
Campbellton
Ft. In.
3 :6
2:8#
3 :
3:7*
4:8*
3 : 6
4:8*
3 :
4:8^
M.
2.50
1.50
19.00
1.50
1400
1.00
4.00
29.75
4.00
No.
1
1
4
1
3
1
4
No.
45
134
'so
140
100
170
204
Albion
Glace Bay
Intercolonial •<
Nova Scotia
GlasgV&Cape Breton
Gowrie. . .
International..' ..
Spring Hill
Gingan
Sidney
Spring Hill & Parreb'h
Vale Colliery
Sidney & Louisbourg.
Victoria
Total
Total.
69.75
15
635
77.25
15
873
No statement of the operations or financial condition is furnished.
All those in Nova Scotia connect with the Intercolonial Railway.
COBUKG, PETEKBOKO' AND MAKMOKA EAILWAY.
Line of Road. — Coburg, Ont., to Chambless, Ont 37.5 miles.
Branch Line : Trent, Ont., to Blairtown, Ont 9.5 "
Total length of line in operation June 30, 1877 ..................... 47.0 miles.
Sidings and other tracks, 3 miles. Gauge, 5 feet 6 inches. Rail, 56 Ibs.
Opened from Coburg to Peterboro', 28 miles, in May, 1854. The extensions have
been built to reach iron mines.
Rolling Stock. — Locomotive engines, 5. Cars — passenger, 4 ; baggage, 1 ; freight
(box, 1 ; platform, 50 ; ore, 150), 201— total cars, 206.
Operations for year ending June 30, 1877. — Trains run, 12,833 miles. Passen-
gers carried, 1,500. Freight moved, 35,046 tons. Gross earnings — passenger, $846. 25 ;
and freight, $24,930.82— total, $25,777.07. Operating expenses, $20,335.67. Net
earnings, $5,441.40.
Financial Statement. — Capital stock (common, $130,440; and $730,440 pre-
ferred, $600,000); funded debt, 1st mortgage 8 per cent, bonds, $400,000; bonuses,
provincial, $18,000; and municipal, $102,000; and floating debt, $62,000— total,
$1,312,440. Cost of road and equipment, $1,400,042.
Directors (elected July, 1877). — Isaac Butts, Rochester, N. Y. ; J. H. Shoenbur-
ger, Pittsburg, Pa. ; G. K. Shoenburger, Cincinnati, O. ; W. P. Chambliss, A. Hew-
son, P. McCallum, W. Hargraff, and J. D. Armour, Coburg, Ont.
W. P. CHAMBLISS, President and Treasurer .......... Coburg, Ont.
Isaac Butts, Vice-President ...................... Rochester, N. Y.
Master of Machinery ............ - ...... W. Poison.
General Superintendent James H. Barber.
Master of Transportation A. E. Barber.
Master of Car Repairs
J. Pinny.
PRINCIPAL OFFICE AND ADDRESS Coburg, Ontario.
RAILROAD MANUAL OF THE UNITED STATES. 953
CKEDIT YALLEY EAILWAY. (In Progress.)
Line of Road.— Toronto, Ont.., to St. Thomas, Ont 113.5 miles-
B (Streetsville, Ont., to Elora, Ont.., 54.0
: ( Cataract (27 m. W. Streetsville), Ont. ,to Orangeville,0nt. 7.5—61.5 "
Total length projected and in course of construction 175.0 miles.
Gauge, 4 feet 84 inches. To be laid with 56 Ib. steel rails.
Chartered February 15, 1871. The whole of the line is under construction, and
8 miles were opened in 1878.
Financial Statement.— Capital stock subscribed, $1,064,000.
Directors (elected October 22, 1877).— G. Laidlaw, C. J. Campbell, Robert Hay,
John Gardner, William Arthurs, John Macnab, R. W. Elliot, Angus Morrison and J.
L. Morrison, all of Toronto, Ont.
G. LAIDLAW, President Toronto, Ont.
C. J. Campbell, Vice-President " "
Secretary and Treasurer H. E. Suckling. | Chief Engineer J. C. Bailey.
PRINCIPAL OFFICE AND ADDRESS. .. No. 38 Front St. East, Toronto, Ont., Can.
EEIE AND NIAGAEA EAILWAY.
Line of Road. — Niagara, Ont., to International Bridge, Ont 31.30 miles.
Sidings and other tracks, 1.57 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
Chartered as Erie and Ontario Ry. Co., April 16, 1835. Opened from Niagara
to Chippewa July 3, 1854, and operated by horse-power. It was opened to Fort Erie
in 1861, and leased to the Great Western Ry. Co. of Canada. In 1873 the lease was
abandoned, and the road has since been operated as a branch of the Canada South-
ern Ry.
Financial Statement, June 30, 1877.— Nominal capital, $1,000,000. Funded
debt, 1st mortgage 6 per cent, bonds, $453,000.
PRINCIPAL OFFICE AND ADDRESS St. Thomas, Ontarip, Can.
EUROPEAN AND NOETH AMEEICAN EAILWAY.
Line of Road. — Carleton, N. Br. to Vanceboro', Me 91.5 miles.
Sidings and other tracks, 2 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
Completed October 18, 1871. Consolidated December 1, 1872, with the European
and North American Ry. Co. of Maine. For default on coupons the mortgage trus-
tees took possession of the New Brunswick Division September 1, 1876 ; October 2,
1876, the consolidation was ended.
Rolling Stock. — Locomotive engines, 6. Cars — passenger, 5 ; baggage, 2 ,
freight (box, 15 ; platform, 95) 110— total, 117.
954 RAILROAD MANUAL OF THE UNITED STATES.
Operations for year ending June 30, 1877. — Passengers carried, 45,934. Freight
moved, 47,668 tons. Gross earnings — passenger, $50,871.44; freight, $41,260.70 ; and
mail, express, etc., $6,311.72— total, $98,443.86. Operating Expenses, $62,527.45.
Net earnings, $35,916.41.
Financial Statement. — Capital stock, $550,000 ; funded debt, 1st mortgage (ex-
tension) 6 per cent. 30-year gold bonds, dated July 1, 1867, $200,000; provincial
bonus, $880,000; loans— treasury, $300,000, and municipal, $60,000— total, $3,790,-
000.
J. MURRAY KAY and E. R. BURPEE, Receivers. . . ..St. John, N. Br.
H. D. McLeod, Superintendent St. John, N. Br.
PRINCIPAL OFFICE AND ADDRESS St. John, New Brunswick.
FKEDEKICTON EAILWAY.
Line of Road.— Fredericton, N. Br., to Eur. & N. Am. Railway 23 miles.
Sidings and other tracks, 1.50 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
Rolling Stock. — Locomotive engines, 2. Cars — passenger, 5 ; freight (box, 6 ;
and platform, 11), 17— total, 22,
Operations for year ending June 30, 1877. — Trains run, 35,546 miles. Passen-
gers carried, 23,956 ; freight moved, 8,770 tons. Earnings — passenger, 10,086.76 ;
freight, $8,019 71 ; and mail, etc, $1,466.84— total, $21,523.14. Operating expenses,
$15,735.24 ; net earnings, $5,787.40.
Financial Statement.— Capital stock ($600,000), $321,160; funded debt, 1st
mortgage., 6 per cent, bonds ($200,000) $100,000; provincial bonus, $230,000; and
municipal bonus, $80,000 — total (representing cost of road and equipment), $731,160.
Directors (elected April, 1878). — Thomas Temple, E. R. Burpee, H. D. McLeod,
A. F. Randolph, and I. L. Inches.
THOMAS TEMPLE, President Fredericktoii, N. Br.
Secretary and Treasurer E.R.Burpee. | General Superintendent T. B. Edgecombe.
PRINCIPAL OFFICE AND ADDRESS Frederickton, N. Bruns., Can.
GEAND TEUNK EAILWAY OF CANADA.
Line of Road. — Portland, Me., to Detroit, Mich 874.0 miles.
Branch lines owned by company or operated under lease 512.5 "
Total of all lines owned, leased, and operated by company 1,386.5 miles.
Sidings and other tracks, 350 miles. Gauge, 4 feet 8| inches. Rail, 60 and 75 Ibs.
The Grand Trunk Railway Company was chartered in 1851. It was opened for
traffic from Portland to Montreal in 1853, and from Richmond to Quebec in 1854
The divisions from Montreal to Toronto were completed in 1856, and from Toronto
to Sarnia in 1858. The line from Montreal south to the Province Line was opened
RAILROAD MANUAL OF THE UNITED STATES.
955
in 1853. The eastern extension was opened from Chaudiere Junction to St. Thomas
in 1855; to St. Paschal in 1859, and to Riviere da Loup in 1860. The Intercolonial
Kailway, which continues this line to Halifax, N. S., and St. John, N. B., was com-
pleted in 1876. The Victoria Bridge and approaches were completed and opened for
traffic December 16, 1859.
Statement of the lines operated :
Working Divisions.
Steel
Rail.
Iron
Rail.
Total.
Detroit Division — Sarnia, Can , to Detroit, Mich
59
59
Western " — Sarnia Can to Toronto Can
183^
6%
190
833
333
Buffalo and Goderich R R Buffalo N Y to Goderich, Can
93&
67%
161
13
13
Champlain Division— Montreal, Can., to Rouse's Point and Province Line.
Montreal — Montreal Can to State Line Vt
22i*
125
MX
3
84
128
77%
18#
96
Riviere du Loup Division Chaudiere Junction to Riviere du Loup
33*
H4tf
118
35
35
Portland — Portland, Me., to Canada (Vt.) Line
119
47
166
Lewiston " Lewiston, Me., to Auburn, Me
5>£
5#
1,021%
366%
1,388#
The following (included in the above) are leased lines :
Atlantic and St. Lawrence R. R.— Portland, Me., to Island Pond, Vt 150.0 miles.
Lewiston and Auburn R. R.— Lewiston, Me., to Auburn, Me 5.5 "
Buffalo and Lake Huron Railway— Fort Erie, Can., to Goderich, Can 159.0 "
Chicago, Detroit and Canada Grand Trunk Junction R. R.— Detroit to Port Huron, Mich. . .. 59.0 "
Total length of all lines operated under lease 373.5 miles.
Rolling" Stock. — Locomotive engines — passenger, 67 ; freight, 359 ; and shunt-
ing, 8 — total, 434. Revenue cars : passenger — 1st class, 163 ; and 2d class, 111 :
total, 274 ; baggage, mail and express, 84 ; and freight — brake vans, 243 ; goods*
4,909 ; cattle, 305 ; and platform, 2,116 : total owned, 7,573. Total revenue cars
owned, 7,931. Hired cars — sleeping, 30 ; and goods, 800. Total cars owned and
hired, 8,761. Snow-plows, 39.
Statement of rolling stock yearly (June 30) for eight years :
Classes.
1870.
1871.
1872.
18?3.
1874.
1875.
1876.
1877.
326
336
353
377
435
434
434
434
219
233
250
264
274
274
274
274
Baggage, etc., Cars
89
89
80
84
84
84
84
84
Freight Cars
4,061
4,059
4,011
4,738
5,626
7,573
7,573
7,573
Total Cars Owned
4,369
4,381
4,341
5,086
5.084
7,931
7,981
7,981
Passenger (sliH'piii"i Cars hired.
12
22
24
28
30
30
30
Freight (goods .) Cars hired
1,195
2,0(57
2,877
2,312
800
800
800
Total Cars in use
4,369
5,598
6,430
7,487
8,324
8,761
8,761
8,761
Floating Stock. — Iron ferry steamboats "Huron" and "International" on
the Detroit River. Building, the "Sarnia."
956
RAILROAD MANUAL OF THE UNITED STATES.
Operations for year ending June 30, 1877.— Trains run — passenger, 1,977,879 ;
freight, 5,643,509 ; and mixed, 833,322— total, 8,454,700 miles.' Miles run by engines,
11,433,079. Miles run by cars, 140,457,160. Passengers carried, 2,028,214. Freight
moved, 2,181,981 tons.
Earnings.
£ s.d.
From Passengers 547,74311 4
" Freight 1,140,691 6 4
" Mail and Express 75,66515 7
" Eents 3,827 5 7
Miscellaneous (incl. Bridge Tolls)... 22,928 4 5
Discount on U. S. currency.
1,790,957 3 3
36,688 6 9
Total 1,754,268 16
Balance— net revenue, £373,161 2s.
£ s.
Postal and Military Revenue 33,641 5
Interest, etc., paid on Lands 4,602 18
Interest on Loans, Bankers' Bal-
lances, etc., and Exchange 9,145 1
Br. Am. Land Co. Annuities 1,233 0
Interest on M. Seminary Debentures.. 1,232 17
Interest on Island Pond Debentures. . . 5,400 0
Expenditures.
£ s. d.
For Maintenance of Way 193,729 13 4
" Locomotives 520,1961110
" Car Repairs 147,817 9 9
" Transportation 400,655 3 5
" General Charges 36,595 9 4
" Miscellaneous Expenses 40,530 15 7
" Rent of Rolling Stock ... 20,589 3 1
" Tolls (Inter. Br.) etc., etc 20,992 8 1
Total 1,381,10714 3
3d., disposed of as follows:
d.
6
5
£ s. d.
Atlantic and St. Lawrence Lease 105,086 17 6
Lewiston and Auburn Rent 3,69812 8
C., D. & C. Grand Junction Lease 22.500 0 0
Interest on Montr. & Champl. Bonds. . 25,142 3 10
Buffalo and Lake Huron Rent 68,000 0 0
Equipment Bond Interest 60,000 0 0
5 p. c. Deb. Stock Interest 73,964 7 0
Total of the above disbursements, £411,687 3s. Qd. Deficit, £38,546 1*'. M.
Deduct : Instalments on Portland Sinking Fund, previously charged against revenue
(now credited), £37,440 6*. Id. Balance against net revenue, £1,105 14s. 8d.
Abstract of operations, earnings, etc. , yearly, for seven years :
1870-71.
(1,383 m.)
1871-72.
(1,383 m.)
1872-73.
(1,383 m.)
1873-74.
(l,388im.)
1874-75.
(1,388* m.)
1875-76.
(l,388*m.)
1876-77.
vl,388im.)
Engine (100 m.) Mileage
Tram (100 m ) Mileage
91,402
63473
90,646
69 229
92.385
67 669
102,684
74 146
108,017
80 430
109,149
83 833
114,330
84,547
Car (100 m.) Mileage
802799
904 587
873 892
1 078 286
1 232'969
1 399,011
1,404,571
Passengers Carried
1,702,255
1,715 180
1,746 266
1 976 629
2 034 069
1 ,972,535
2,028,214
Freight (tons) Moved
1 357,398
1 526 592
1 570 507
1 744 762
1 892 193
2 113852
2,181,981
Earnings from Passengers . .
" Freight. .. .
" other Sources.
£
505,435
9%,600
67,587
£
527,052
1,209,112
68,657
£
579.398
1,214,245
71,735
£
615,513
1,369,736
94,508
£
626,642
1,311,029
98,435
£
569,716
1,334.312
98,394
£
547,743
1,140 692
102,422
Gross Earnings
1 569 622
1 804 821
1 865 378
2 079 757
2 036 106
2 002 422
1,790,957
Discount on U. S. Currency.
15,413
28,820
33,768
33,613
35,712
42,'204
36,688
Total Earnings
1,554,209
1 776 001
1 831 610
2,046 144
2 000 394
1,960218
1,754,269
Operating Expenses...
1,265,280
1,384,921
1,514,942
1,045,108
1 591 919
1,552,356
1,381,108
Net Earnings
288 929
391 080
316 668
401 036
408 475
4C7 862
373,161
Payment* from Net Earn"1 gs:
Postal Revenue
34,554
33 363
33 881
32 326
32 951
3-2528
33,641
Interest on Bonris, etc
22,950
23,522
21 701
23.029
34784
30,499
21,659
Interest on Hired Cars
20,993
63,090
16,869
20,014
Portland Sinking Fund
3 839
5 137
5 137
5 137
5 137
5 137
Leases
150 689
166 439
178 114
208 898
220 818
221 930
224 428
Equipment Bond Interest. . .
Preferred Stock Interest . .
46,230
53,115
60,000
118,862
60,000
120 681
60,000
80 454
60,000
60,000
Debenture Interest
16250
56,304
73,964
^
RAILROAD MANUAL OF THE UNITED STATES.
Earnings, expenses and net revenue per road-mile :
957
1870-71.
1871-72.
1872-78.
1873-74.
1874-75.
1875-76.
1876-77.
Gross Earnings. ...
£
1,123.79
914.88
£
1,284.16
1,001.39
£
1,324.37
1,095.40
£
1,47364
1,184.81
£
1,440.69
1,146.50
£
1,411.75
1,118.01
£
1,263.42
994.67
Operating Expenses
Net Revenue
308.91
81.41 p. c.
282.77
77.99 p. c.
228.97
82.71 p. c.
288.83
80.41 p. c.
294.19
79.58 p. c.
•293.74
79.19 p. c
268.75
78.73 p. c.
Prop. Operating Expenses..
Financial Statement.— Capital account, June 30, 1877 :
Authorized.
£ s. d.
Ordinary Stock (arrangement of 1862) 3,486,787 16 8
" (arrangement of 1873) 10,000,000 0 0
First Preference Stock. . 3,218,149 2 2
Second " " 2,327,808 5 5
Third " 7,166,91011 0
Canadian Government Debentures 3,111,500 0 0
Bonds and Mortgages 2,674,323 5 8
Perpetual Debenture 5 percent. Stock of 1874. . 8,000,000 0 0
Forfeited Shares and Debentures 9,101 18 6
Total receipts
Expenditures on lines opened for traffic
Issued.
£ *. d.
3,486,787 16 8
7,500,000 0 0
3,218,149 2 2
2,327,808 5 5
7,166,910 11 0
3,111,500 0 0
2,674,323 5 8
1,534,287 0 0
9,101 18 6
.31,028,867 19 5
,30,721,654 7 0
Balance carried to general account 307,213 12 5
Of the £8,000,000 perpetual debenture stock of 1874, £6, 750,000 was to be applied
in the purchase, redemption, exchange or acquisition of preferential charges, and
£1,250,000 for general purposes. To the 30th June, 1877, there had been issued — on
the first account, £690,320, and on the second account, £843,967, or a total, as shown
above, of £1,534,287.
Statement of capital account yearly (June 30) for seven years :
1871.
1872.
1873.
1874.
1875.
1876.
1877. "
Ordinary Stock (1862)...
£
3,488,590
£
3,488,590
£
3,488,590
7,500,000
3,218,149
2,327,808
7,166,911
£
3,488,590
7,500,000
3,2KS,149
2,327,808
7,166,911
£
3,488,590
7,500,0(X)
3,218,14!!
2,327,808
7,166,911
£
3,488,590
7,:>oo,ooo
3,218,149
2,327,808
7,166,911
£
3,486,788
7,500,000
3,218,149
2,327,808
7,16S,911
" " (1873)
First Preference
2,919,251
1,733,947
788,722
6,361,036
3,111,500
2,399,967
3,065,055
1,815,631
820,143
6,547,964
3,111,500
2,590,586
Second "
Tliird "
Fourth "
Can. Gov't Debentures
3,111, SCO
2,912,414
3,111,500
2,912,514
8,111,500
2,912,514
900,000
7,300
3,111,500
2,674,323
1,404,^87
7,300
3,111,500
2,674,323
1,534,287
9,102
Bonds and Mortsja^cs
Perpetual Deb. Stock (1874). .
Forfeited Stock
7,300
7,300
7,300
7,300
20,810,313
20,397,411
21,446,769
20,'J47,870
29,732,7?2
•27,997,869
29,732,772
29,179,744
30,632,772
30,273,790
30,898,868
30,455,713
31,02S,868
30,721,654
Expenditures on Lines
412,902
498,899
1,734,903
553,028
358,982
443,155
307,214
958
EAILROAD MANUAL OP THE UNITED STATES.
Statement of the capital raised by sundry mortgages, bonds, etc., forming a por-
tion of the capital to be converted into perpetual debenture stock :
£ s. d.
Postal and Military Service Bonds (dependent on postal revenue). . . .1,200,000 0 0
British American Land Company's 6 per cent. Debentures 20,547 18 11
Montreal Seminary 6 per cent Debentures 20,547 18 11
Island Pond 6 per cent. Debentures 90,000 0 0
Montreal and Champlain Railroad Bonds, viz : £ s. d.
Consolidated 6 per cent. Bonds 164,400 0 0
3d Mortgage 8 per cent. Bonds 76,027 7 10
3d Mortgage 7 per cent. Bonds 102,800 0 0—343,227
First Equipment 6 per cent. Mortgage Bonds 500,000
Second Equipment 6 per cent. Mortgage Bonds 500,000
10
0
0
8
Total amount of Mortgages, Bonds, etc., June 30, 1877 2,674,323 5
The ordinary capital and the 4th preference stock were increased in 1871 by
£615,000 each ; these amounts respectively having been exchanged for the capital
stock of the Buffalo and Lake Huron R. R. Co., which thus became virtually extinct,
and their road the property of the Grand Trunk Ry. Co.
In 1873 the preference stocks were rearranged, and the third of the series ab-
sorbed in the second, the fourth becoming the third.
General Balance, June 30, 1877.
£ s. d.
Balance of Capital Account 307,213 1 2 5
Balance of Revenue Account 701 1 3 9
Loans on Securities 261,042 7 3
Mortgages on Eeal Estate 25,028 19 8
BillsPayable 90,183 5 7
Interest, etc., Unpaid 141,840 0 7
Sundry Accounts 179,371 19 0
Wages Unpaid 61,221 8 5
£ s. d.
Securities on Hand .335.315 8 2
Calls on New Stock 13,431 5 3
Calls on Perpetual Debenture Stock.. 1,135 2 0
Calls in Arrear 8,32815 0
Cash at Banker's and in Transit 82,840 19 0
Fuel and Materials 333,875 1 2
Sundry Accounts 149,602 9 3
Traffic Accounts.., 142,074 610
Total 1,066,603 6 8 Total...
Abstract of general balances yearly for seven years :
.1,066,603 6
1871.
1872.
1873.
1874.
1875.
1876.
1877.
Balance of Capital Account. .
" of Revenue " . .
Atl. & St. L. Stock & Bonds.
£
412,902
18,311
308,219
£
498,899
1,653
455,519
£
1,734,903
1,611
£
553,028
43,244
£
358,982
1,323
£
443,155
1,181
£
307,213
702
Loans on Securities
30,822
20,000
126,370
261,042
Mortgages on Real Estate.. . .
Bills Payable
25,029
6,804
25,029
92
25,029
111,844
25,029
451 893
25,029
300 S64
25,029
86,329
25,029
90,183
Interest and Accounts
289,377
330,230
651,705
450,981
519,564
413,856
382,434
Total Liabilities
1,091,464
1,311,422
2,525,092
1,524,175
1,225,762
1,096,526
1,066,603
566,234
705.205
245,752
107,991
155,536
118,265
335,315
Calls, etc. , on Stocks
8.338
937,828
485,419
26,057
23,935
22,905
48,426
112,644
83,193
18689
40,533
128,412
82,841
Loaned at Call . . .
500,( 00
46 124
299,969
292,825
526,447
619 270
698,304
536,305
333,875
Accounts
176,825
192,420
231,872
246,682
305,632
289,609
291,677
1,091,464
1,311,422
2,525,092
1,524,175
1,223762
1,096,526
1,066,603
RAILROAD MANUAL OF THE UNITED STATES.
959
Directors (elected October 30, 1877).— Henry W. Tyler, Colchester, Eng. ; Gros-
venor Hodgkinson, Newark, Eng.; James Ferrier, Montreal, Can.; Robert Qillespie,
Kirkman Daniel Hodgson, and William Newmarch, London, Eng.; James Ramsden,
Barrow-in-Furuess, Eng.; John Swift, London, Eng.; and Robert Young, Glasgow,
Scotland.
HENRY W. TYLER, President London, England.
Grosvenor Hodgkiuson, Vice-President " "
J. B. Renton, Secretary "
JAMES FERRIER, Chairman of Canada Board. . . .Montreal, Canada.
General Manager Joseph Hickeon.
Treasurer Robert Wright.
Auditor T. B. Hawson.
Traffic Manager L. J. Seargeant.
General Superintendent W. J. Spicer.
General Passenger Agent William Wainwright.
" Freight Agent P. S. Stevenson.
Asst. Gen. Fgt. Agent John Portens.
" " " '" (Toronto) .John Earls.
Chief Engineer E. P. Hannaford.
Mechanical Engineer. Herbert Wallis.
General Agent (Boston) G. H. Peters.
'" (N. Y. City) Edward P. Beach.
" Storekeeper John Taylor.
PRINCIPAL OFFICE AND ADDRESS Montreal, Quebec, Canada.
English Office and Address No. 1 Old Broad Street, London, England.
BUFFALO AND LAKE HUEON EAILWAT.
Line of Road. — International Bridge, Ont. to Goderich, Ont 161 miles.
Sidings and other tracks, 16.10 m. Gauge, 4 ft. 8i in. Rail (steel, 93.25 m.), 60 Ibs.
Opened — Black Rock to Paris, November 1,1856; Paris to Stratford, December
22, 1856 ; and Stratford to Goderich, June 28, 1858. Leased in perpetuity (July 1,
1868) to Grand Trunk Railway Company.
Rolling1 Stock. — None owned. Furnished by lessees.
Operations. — Included in lessees' accounts.
According to the terms of the lease the rental to be from July 1, 1868, to July 1,
1869, £42,500 ; for 1869-70, £45,000 ; for 1870-71, £50,000; for 1871-72, £55,000 ; for
1872-73, £60,000 ; for 1873-74, £65,000 ; for 1874-75, £66,000 ; for 1875-76, £67,000 ;
for 1876-77, £68,000 ; for 1877-78, £69,000 ; and for 1878-79, and for every subsequent
year,^£70,000. This rent charge, to the amount of £42,500, takes precedence of the
G. T. 1st equipment bonds, and the additional amount ranks next after the 2d equip-
ment bonds. The charges on account of the bonded debt absorb £41,995 per annum ;
and from the residue might be paid dividends on £525,000 stock, as follows : in 1870,
li per cent. ; in 1872, 2| per cent. ; in 1873, 3| per cent. : in 1874, 4| per cent. ; with
a further small annual addition until, for the years 1878-79 and thenceafter, the
dividend should be at least 5 per centum.
Financial Statement, June 30, 1876. — Share capital — ordinary (converted into
G. T. shares and 4th preference stock), £525,000, or $2,555,000 ; and funded debt (5£
p. c.), £763,558, or $3,715,982.20— total, £1,288,558, or $6,270,982.20.
The ordinary stock converted into G. T. shares amounted to 60,000 shares at
£20 10*. per share, half into 4th preference and half into ordinary shares. The
capital stock is held chiefly in Liverpool, England.
PRINCIPAL OFFICE AND ADDRESS Montreal, Quebec, Canada.
960 RAILROAD MANUAL OP THE UNITED STATES.
GEEAT WESTEKN KAILWAY OF CANADA.
Line of Road. — Suspension Bridge, Can., to Windsor, Can 229.38 miles.
Loop line : Gleucoe (79| in. E. Windsor) to International Bridge 145.50 "
Branch lines, named below 120.92 "
Lines leased or rented, named below 290.98 "
Total length of all lines operated by company 786.78 miles.
Second track, Qlencoe to Windsor, on main line, 79.44 miles. Sidings, etc., on owned
lines, 162.33 miles ; on leased lines, 24.56 miles. Gauge, 4 feet 8| inches. Rail (steel,
687.46 miles), 60 Ibs.
The Great Western Railway of Canada was chartered March 29, 1845, and the
several additional lines as follows : the Hamilton and Toronto Railway, November
10,1852; the Sarnia Railway, April 22, 1853; the Canada Air Line (Glencoe Loop)
Railway, December 24, 1869 ; and the Allanburg Branch Railway, May 26, 1874. The
main line was opened for traffic — from Suspension Bridge to Hamilton, November 10,
1853 ; from Hamilton to London, December 31, 1853 ; and from London to Windsor,
January 27, 1854. The Hamilton and Toronto Railway was completed December 3,
1858, and the Sarnia Railway, December 27, 1858. The branch from Harrisburg to
Gait was opened August 21, 1854, and was extended by the Gait and Guelph Railway
Company to Guelph, September 28, 1857. The Air-Line (Glencoe Loop) Railway was
opened in 1873, and the Allanburg Branch, which connects it, through the Welland
Railway, with the Suspension Bridge, in 1875.
Statement in detail of the several lines and branches :
Distribution of Railways.
Steel.
(Miles.)
Iron.
(Miles.)
Total.
(Miles.)
Main Li
Loop Li
Branch
Lines:
Tots
Welland
London
Gait and
Welling
London,
Tots
Total lei
Total lei
Total lei
Tots
tie : Suspension Bridge to Windsor
229.38
145.50
37.00
229.38
145.50
37.00
8.00
12.00
50.85
4.75
8.32
ne : Glencoe (79-J m. 1C. Windsor) to International Bridge
Hamilton (43 m. W. Suspension Bridge) to Toronto
Harrisburg (62 m. W. Suspension Bridge) to Brantford
8.00
12.00
8.88
4.75
Harrisburg (62 m. W. Suspension Bridjre) to Gait
Komoka (120 m . W. Suspension Bridge) to Sarnia
41.97
Wyoming (165 m. W. Suspension Bridge) to Petrolia
Clifton to Alianburg (Welland Railway)
8.32
il length of all Lines owned by Company
474.17
8.05
1.80
8.66
39.86
21.63
6.78
21.86
6.59
61.89
66.60
495.80
14.83
23.66
15.25
101.75
66.60
68.89-
Railway : Merritton to Welland Junction
and Port Stanley Railway: London to Port Stanley
Guelph Railway : Gait to Guelph
j -D -o -1 \ Guelph to Southampton
ton, Grey and Bruce Railway: -j j^g^ to Kincardine .!
Huron and Bruce Railway : London to Wingham
68.89
il length of all Lines leased or rented by Company
133.85
608.02
79.44
157.13
178.76
290.98
786.78
79.44
186.89
igth of Main and Branch Lines owned, leased or rented
igth of Second Tracks
igth of Sidings ,
186.89
il of all Tracks on all Lines operated by Company
687.46
365.65
1,053.11
The London and Port Stanley, the Gait and Guelph, the Wellington, Grey and
Bruce, and the London, Huron and Bruce Railroads are operated and accounted for
separately. The total length of these lines is 276.15 miles.
RAILKOAD MANUAL OF THE UNITED STATES.
961
Rolling Stock.— Locomotive engines— passenger, 54 ; freight, 143 ; and shunt-
ing, 17 — total, 214. Also, 2 shunting engines out of service.
Passenger train cars — 1st class, 103 ; dining, 3 ; 2d class, 59 ; post-office and bag-
gage, 38 ; and baggage van flats, 7 — total, 210.
Freight train cars — conductors', 71 ; box (incl. express and grated door), 742 ;
cattle, 531 ; platform and 4- wheel timber trucks, 890 ; coal platform, 100 ; oil tank,
75 ; and auxiliary, 15 — total, 2,425.
Freight line train cars — Blue Line, box, 800 ; Milwaukee Line, box, 80, and com-
bination, 100 ; Michigan Line, box, 261 ; Saginaw Valley Line, box, 50 ; long 33-feet
(star cars), box, 585 ; Erie and North Shore Line, box, 220 ; and Hoosac Tunnel Line,
box, 104— total, 2,200.
Construction, gravel, and other service cars, 205, and snow-plows, 2.
Total car equipment owned by company, 5,040.
Floating* Stock. — Four steam ferry car boats.
Statement of engines and cars owned yearly (July 31) for five years :
Aug. 1, '71.
1872.
1873.
1874.
1875.
1876.
1877.
137
136
184
217
216
216
216
Passenger Cars
129
129
154
159
159
162
165
41
41
43
43
43
45
45
Conductors' Cars
33
43
73
73
73
73
71
Freight Cars
1,794
2,334
3,699
4,331
4,551
4,551
4,554
Service Cars
167
207
222
225
225
225
207
Operations for the fiscal year ending July 31, 1877. — Trains run — passenger,
1,297,216; and freight, 1,940,439— total, 3,237,655 miles. Car service— passenger,
7,003,948 ; freight, 41,023,183 ; and mail, etc., 1,935,189— total, 49,962,262 miles.
Passengers (including 13,606 emigrants) carried, 1,196,150. Freight moved 1,622,-
342 tons.
Earnings.
s.d.
0 3
3 8
1 3
From Passengers 298,969
Mails 9,111
Express Freight 15,125
General Freight 416,799 13 10
Live-Stock Freight 30,851 8 3
Rents and Sundries 1,28612 7
Total 772,142 19 10
Expenditures.
£ s.d.
For Maintenance of Way 114,336 2 6
Locomotive Power 156,610 4 0
Car Repairs and Renewals 57,704 14 5
Transportation 196,383 5 8
General Charges, Taxes, etc 43,042 0 6
Renewal Funds 20,226 1 0
Total 588,302 8 1
Balance — net revenue, £183,840 11s. 9d. Charged against net revenue — rents and
tolls, £21,355 9*. Id. ; loss on working leased lines, £27,231 3s. 2d. ; interest on
bonds and debenture stock, £191,570 10s. Id. ; dividends on preference stock, £24,-
976 3s. 6d. ; and proportion set aside to the credit of depreciation fund to meet loss
on realization of sundry assets, £860 8*. 4d. ; and settlement with Michigan Central
Co., £882 9s. Id. — total charges against net revenue account, £266,876 3s. 9d. De-
ficit against year's business, £83,035 12s.
Rent and tolls paid Suspension Bridge, £10,054 2s. 3d. ; and International
Bridge, £11 ,301 7s. 4d.
61
962 KAILBOAD MANUAL OF THE UNITED STATES.
Abstract of operations, earnings, etc., for six years :
1871-72.
1872-73.
1873-74.
1874-75.
1875-76.
1876-77.
Railway Operated
(341.98m.)
(502.31 m.)
(502.31 m.)
(510.63m.)
(510.63 m.)
(510 63 m.)
Total Engine Mileage
3,935,118
4,949,814
4,789,909
4 097 931
4 086 232
4 146 743
Passenger Train Mileage. . .
Freight
Passengers Carried
897,649
1,828,375
930,678
1,041,673
2,120,526
1,031,491
1,180,008
2,565,189
1,095,239
1,259,6,33
1,831,662
1 103 122
1,235,303
1,955,661
1 110184
1,297,216
1,940,439
1 196 150
1,263,179
1,492,208
1,582,275
1 408,175
1 572 538
1 622 342
Earnings from Passengers .
u .. Freight....
" " Mails, etc..
£
362,914
687,777
27,395
£
393,627
792,554
29,498
£
377,092
769,894
32,188
£
334.097
530875
28,367
£
309,083
462,485
59,289
£
298,962
416,799
56,382
Total Earnings
1,078,086
1,215,679
1,179,174
893 339
830 857
772 143
Operating Expenses, etc. . .
662,928
807,480
872,228
758,725
653,332
588,302
415,158
408,199
306,946
134 614
177 525
183 841
Charges against Net Rev.:
Discount on American Cnr.
62,521
72,728
58,a39
Rents and Tolls (Bridges)..
Interest on Bonds
9,338
77,914
9,332
72,226
11,027
193 586
19,925
197 725
21,575
197 420
21,255
191 571
In. (5 p. c.) on Pref. Stock.
14,450
10,994
5,692
Dividends on Ordin. "
(6K) 258,601
(5#) 233,868
(2^) 55.741
Total Disbursements..
Balance
422,824
-7,666
399,148
+ 9,051
324,885
-17,939
217,650
—83 036
218,995
—41 470
212,826
— 28 985
Leased Lines
4- 1,229
+ 5,674
+ 6 752
—25 382
—18 385
— 21 351
In (5 p. c.) on Pref. Stock.
—6270
—20 852
—22 205
—24 976
Financial Statement. — Capital account, July 31, 1877 :
Lines Open (495.80 m.) 7,402,047 17 6
Locomotive Engines 644,898 17 5
Cars 830,503 5 3
Ferry Steamers 76,774 6 0
Securities of Leased Lines 282,202 0 2
Detroit and Milwaukee R. R. Co .... 250,000 0 0
TotalAssets 9,586,426 6 4
£ s. d.
Ordinary Shares (266,666) 5,464,836 15 4
Preference 5 per cent Stock 505,753 17 4
Terminable Bonds 1,572,250 0 0
Debenture 5 per cent. Stock 2,001,480 0 0
Balance to General Balance Sheet. . . 42,105 13 8
Total Liabilities 9,586,426 6 4
Statement of " Capital Account" yearly (July 31) for six years :
1872.
(341.98 m.)
1873.
(487.48m.)
1874.
(487.48m.)
1875.
(495.80m.)
1876.
(495.80m.)
1877.
(495.80m.)
Ordinary Shares t . . .
£
4 183 895
£
4 459 312
£
4 45'J 330
£
5 285 858
£
5 463 978
£
5 464,837
Preference Stock
287 358
227 680
288 883
444 096
444 096
505,754
Terminable Bonds
2,055,404
2 163 200
1 676 400
1 675 500
1 566,300
1,572,250
Debenture Stock
46,700
822 490
1 998 275
1*999 140
2,001,480
2.001,480
Balance to General Account
42,105
Total Capital
6,573 357
7 672 682
8 422 888
9 404 594
9 470 854
9,586,426
Railways and Equipment
5,903,670
6,996,383
7988 481
8 569 956
8 702,245
9.054,224
Securities of Leased Lines
63044
246,422
28-2,202
Detroit and Milwaukee R. R. Co
250,000
250000
250 000
250 000
250,000
250,000
Balance
419 687
426 299
184 407
521 046
272 187
Total Property and Assets
6,573,357
7,672,682
8,422,888
9,404,046
9,470,854
9,586,426
RAILROAD MANUAL OF THE UNITED STATES.
963
The company are now buying in the securities of the Wellington, Grey and
Bruce Railway Company, and other leases, the amounts of which appear under the
side caption of " Securities of Leased Lines."
General Balance, July 31, 1877.
£ s. d.
Interest and Dividends 72,889 8 8
Dividend on 5 per cent. Pref. Stock.. . 12,643 16 11
Amounts Due other Companies 8,901 11 4
Renewal, etc., Funds 181,889 7 7
W., G. and B. Bond Acquisition Ace' t. 4,89514 1
Sundries Due by Company 110,563 10 7
Reserve to meet Loss on Am. Cur 926 7 2
Temporary advance on Loan 60,000 0 0
•M
Total 452,709 16 4
£ s. d
Capital Account, Balance 42,105 13 8
Revenue Account, Balance 3,196 13 7
Dividend on Pref. Stock, per contra.. 12,643 16 11
Cash in Banks, etc 56,662 19 3
Stores 185,810 10 11
Amounts Due by other Companies. . . . 61,588 13 4
Leased Lines Suspense Account 41,45911 0
Sundry Assets and Debit Balances 44,835 15 0
Am. to be invest, in W., G. & B. Bonds 4,406 2 8
Total 452,709 16 4
Directors (elected December 6, 1877).— Hugh C. E. Childers, London, Eng. ;
James Bald, Glasgow, Scotland ; Thomas Barkworth, London, Eng. ; George Cock-
burn, Birkenhead, Eng. ; John Fell, Dane Ghyll-in-Furness, Eng. ; Francis D. Grey,
East Barnet, Eng. ; and John William Maclure, Manchester, Eng.
HUGH CULLING EAHDLEY CHILDERS, President London, Eng.
Francis D. Grey, Vice- President East Barnet, Eng.
Brackstone Baker, Secretary London, Eng.
General Manager Frederick Broughton.
Assistant General Manager J. Crampton.
Treasurer Charles Percy.
Chief Engineer Joseph Hobsnn.
Superintendent Charles Stiff.
Purchasing Agent
Assistant Superintendent J. D. Dawson.
General Passenger Agent William Edgar.
Locomotive Superintendent C. K. Domvflle.
Auditor A. MacLean.
Accountant . N. J. Power.
Edward Vardy.
LONDON, ENG., OFFICES No. 126 Gresham House, Old Broad Street.
Canadian Offices Hamilton, Ont., Canada.
New York Office No. 349 Broadway, New York City.
BEANTFOKD, NORFOLK AND POKT BUKWELL E. R.
Line of Road. — Brant ford, Ont. , to Tilsonburg, Ont 34 miles.
Sidings and other tracks, 4 miles. Gauge, 4 feet 8£ inches. Eail, 56 Ibs.
The road is being extended to Port Burwell, 10 miles. The completed portion
was opened in 1876. It is virtually owned by the Great Western Ry. Co.
Rolling Stock. — Supplied by Great Western Ry. Co.
Operations. — Included in returns of Great Western Ry. Co.
Financial Statement, July 1, 1877.— Capital stock, $30,000; provincial bonus,,
$75,000; municipal bonus, $140,000; floating debt, $200,000 — total, representing the
cost of the road and appurtenances, $445,000.
Officers. — Same as for Great Western Railway.
PRINCIPAL OFFICE AND ADDRESS. Great Western Offices, Hamilton, Ontario..
964: EAILEOAD MANUAL OF THE UNITED STATES.
GALT AND GUELPH RAILWAY.
Line of Road. — Gait., Ont., to Guelpli, Ont 15.25 miles.
Sidings, 1.84 miles. Gauge, 4 feet 8| inches. Rail (steel), 56 Ibs.
Chartered in 1852. Opened to Preston in 1855 and to Guelpli in 1857. The road
was leased to the Great Western Ry. Co. on completion. In 1860 the lessees pur-
chased the property at foreclosure sale, the price paid being $304,733.50. The cost
to that date had been $440,169.13. A separate organization, however, is maintained.
Operations for year ending July 31, 1877. — Trains run, 49,313 miles. Gross
earnings— passenger, £5,744 19s. lid. ; freight, £6,117 17s. 5d. ; and mail, etc., £448-
4s. 3d.— total, £12,311 Is. 7d. Operating expenses, taxes, etc., £9,471 12s. Id. Net
revenue, £2,839 9s.
Directors, etc. — Same as for Great Western Railway.
PRINCIPAL OFFICE AND ADDRESS Hamilton, Ontario.
LONDON AND POET STANLEY RAILWAY.
Line of Road.— London (119 m. W. Susp. Br.) to Port Stanley, Ont... 23.66 miles.
Sidings, etc., 2.39 miles. Gauge, 4 feet 8£ inches. Rail (steel, 1.8 m.), 56 Ibs.
Opened October 1, 1856. Leased in 1874 to Great Western Ry. Co.
Operations for year ending July 31, 1877. — Trains run, 59,912 miles. Earnings
—passenger, £7,967 12s. 2d. ; freight, £6,785 4s. Sd. ; and mail, etc., £569 4s. 2d— total,
£15,322 Is. Qd. Operating expenses, £11,994 12*. 2d. Net revenue, £3,327 8s. 6d.
Rental, £4,109 11s. lOd. Deficit to lessees, £782 3s. Od.
Financial Statement. — Capital stock, $441,550 ; and funded debt, 1st mortgage
5 per cent, bonds ($600,000), $427,400 — total stock and bonds, representing cost of
property, $868,950.
Officers, etc. — Same as for Great Western Railway.
PRINCIPAL OFFICE AND ADDRESS Hamilton, Ontario.
LONDON, HURON AND BRUCE RAILWAY.
Line of Road. — London Junction to Wingham, Ont 68.89 miles.
Sidings, etc., 4.98 miles. Gauge, 4 feet 8| inches. Rail (all steel), 57| Ibs.
Opened through, January 1876. Leased to Great Western Ry. Co. Connects at
Wingham with Wellington, Grey and Bruce, and through that with Lake Huron.
Operations for year ending July 31, 1877.— Trains run, 107,936 miles. Gross
earnings — passenger, £10,603 9s. 5d.; freight, £9,646 2s. 4d. ; and mail, etc., £117 9s. 4rf.
—total, £20,367 Is. Id. Operating expenses, £15,781 11s. 2d. Net revenue, £4,585
9s. lid. Bond interest paid as rental, £10,881 16s. Id. Loss to lessees, £6,296 6s. 8d.
Financial Statement, July 31, 1877.— Capital stock (authorized, $400,000), $22,-
10 ; funded debt, 6 per cent, bonds guaranteed by G. W. of Can., $912,720 ; gov-
KAILROAD MANUAL OF THE UNITED STATES. 965
eminent (Ontario) bonus, $178,630.08; municipal bonuses ($311,500), $297,200; and
advances, $956,939.90 — total stock, bonds, bonuses, and advances, $1,328,472.90;
which amount represents cost of property.
Officers, etc.— Same as for Great Western Railway.
PRINCIPAL OFFICE AND ADDRESS Hamilton, Ontario.
WELLAND KAIL WAY.
Line of Road. — Port Dalhousie, Ont., to Port Col borne, Ont 25.33 miles.
Sidings, etc., 5.25 miles. Gauge, 4 feet 8-J- inches. Rail (steel 8.05 m.), 57 Ibs.
Opened in 1859. The Great Western Ry. Co. rents the use of the middle portion
(14.83 m.), as a part of the Suspension Bridge approach from the Glencoe Line, and
pays therefor an annual rental of £1,800, and for renewals, £1,465 16s. Sd. — total,
£3,265 16s. 8d. Otherwise the road is operated and maintained by the Welland Co.
Rolling1 Stock. — Locomotive engines, 3. Cars — passenger, 4 ; baggage, mail,
etc., 5; freight (box, 120; platform, 13), 133— total, 142.
Operations for year ending June 30, 1877. — Trains run, 51,450 miles. Passen-
gers carried, 62,265. Freight moved, 75,834 tons. Gross earnings — passenger,
$20,296.83 ; freight, $49,226.33 ; mail and express, $2,293.77 ; and miscellaneous
(rental, etc.), $13,264.11— total, $85,081.04. Operating expenses, $59,263.33; net
revenue, $25,817.71.
Financial Statement, June 30, 1877.— Capital stock, $798,712.03 ; funded debt,
1st mortgage 6 per cent, sterling bonds (£200, 000 =$973,333. 33), $957,273.33; and
floating debt, $650,766.61— total, $2,406,751.97. Cost of road and equipment, $1,-
226,390.91.
THOMAS R. MERRITT, Chairman St. Catharine's, Ont.
Secretary Cornelius Stovin. | Superintendent William Pay.
PRINCIPAL OFFICE AND ADDRESS St. Catharine's, Ontario, Can.
WELLINGTON, GKEY AND BKUCE RAILWAY.
Line of Road. — Guelph, Ont., to Southampton, Ont 101.75 miles.
Branch Line : Palmerston to Kincardine, Out 66.60 "
Total length of railroad owned and leased 168.35 miles.
Sidings, etc., 14.36 miles. Gauge, 4 feet 8-J- inches. Rail (steel, 39.86 m.), 56 Ibs.
Chartered in 1869. Opened to Alma, in 1871 ; to Clifford, in 1872, and to South-
ampton, May 29, 1873. Branch opened in 1874. Leased (June 15, 1869) for 1000
years to Great Western Railway Company.
Operations for year ending July 31, 1877.— Trains run, 361,112 miles. Gross
earnings— passenger, £33,773 16*. 3d. ; freight, £28,662 105. lOd. • and mail, etc., £2,991-
IQs. 3d— total, £65,428 3s. 4(2. Operating expenses, taxes, etc., £65,525 11s. 2d. De-
966
RAILROAD MANUAL OF THE UNITED STATES.
ficit, £97 7*. 10d. Rental (30 per cent, of gross earnings), £19,628 9s. Total deficit to
lessees, £19,725 16s. lOd. The lessees also apply 20 per cent, of receipts from inter-
changed traffic to the purchase of the company's bonds. To January 1, 1877, £33,-
800 had been thus purchased.
Financial Statement, June 30, 1877.— Capital stock authorized, $1,500,000, and
paid up, $221,200 ; funded debt, 1st mortgage sterling 6 per cent, bonds, guar. by
G. W. of Can., £532,000, or $2,589,066.66; government (Ontario) bonus, $241,276;
municipal bonuses, $682,000; and floating debt (7 per cent.), $67,963— total stock,
bonds, and debt, $3,280,526.08, which represents capital cost of the property.
Officers, etc. — Same as for Great Western Railway.
PRINCIPAL OFFICE AND ADDRESS Hamilton, Ontario, Can.
HAMILTON AND NOKTHWESTEEN KAILWAY.
Line of Road.—
( Hamilton, Ont., to Barrie, Ont ,.. .93.89 miles.
(Hamilton, Ont.. to Jarvis, Ont 33.00 "
Branch Line — Beeton to Glencairn 19.50 "
Total length of railroad completed January 1, 1878 146.39 miles.
Sidings and other tracks, 7.35 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
The main line will be extended northward to the Georgian Bay, and the branch
line to Collingwood. The extension from Jarvis to Port Dover, 10 miles, will also
be completed the current year. The operating accounts here given are based on the
road from Hamilton to Jarvis, 33 miles.
Rolling Stock (June 30, 1877). — Locomotive engines, 4. Cars — passenger, 4;
baggage, etc., 2; freight (box, 13; platform, 16) 29 — total, 35.
Operations for year ending June 30, 1877. (33 m.) — Trains run — mixed, 65,904
miles. Passengers carried, 6,676 ; freight moved, 12,140 tons. Gross earnings —
passenger, $35,192.31; freight, $50,539.27; mail and express, $2,494.16; and mis-
cellaneous, $3,608.83— total, $91.834.57. Operating expenses, $10,904.45.
Financial Statement, June 30, 1877. — In operation, 33 miles :
Authorized.
Subscribed.
Paid Up.
$1,000,000 00
$268,400 CO
$145,000 00
406,500 00
406,500 00
67,000 00
719,000 00
719,000 00
165,000 00
Total to June 30 1877
$2,125,500 00
$1,393,900 00
$377,000 00
Total cost of Railway and Rollins: Stock to date. .
850,570 57
An issue of 6 per cent, bonds is provided for ; in the report for 1876 the amount
is stated at $2,771,000.
JOHN STUART, President. Hamilton, Ont.
Vice-President Edward Gurney. {Superintendent A.A.Anderson. | Auditor H. J. Black.
PRINCIPAL OFFICE AND ADDRESS Hamilton, Ontario, Can.
RAILROAD MANUAL OF THE UNITED STATES. 967
INTEKCOLCXNTAL KAILWAY.
Main Line. — Riviere du Loup, Queb., to Halifax, N. Sco 562.0 miles.
Moncton, N. Br., to St. John, N. Br 89
T, , • Painsec, N. Br., to Shediac, N. Br . . . , 11
{ Truro, N. Sco., to Pictou, N. Sco. 52
Windsor Jctn. (14 m. N. Halifax), to Windsor, N. Sco. 31— 183.0 "
Total length of railway in operation June 30, 1877 745.0 miles.
Sidings and other tracks, 82.25 m. Gauge, 4 feet Si in. Rail (steel, 670 m.), 56 Ibs.
Snow sheds, 63 ; in length, 63,435 feet ; snow fence, 235,062 feet.
Owned and operated by the Government of the Dominion of Canada. Its con-
struction made obligatory by Act of Union : and chartered by Act of the Dominion
Parliament, December 21, 1867.
The Intercolonial Railway extends from Riviere du Loup, the eastern extremity
of the Grand Trunk Railway of Canada, to Halifax, Nova Scotia, and St. John, New
Brunswick, and includes the original colonial railways of Nova Scotia and New Bruns-
wick, and that portion of the Grand Trunk from Riviere du Loup to St. Flavie (83
miles) in the province of Quebec.
The Nova Scotia Railway was chartered March 31, 1854. The section from Hali-
fax to Truro (61 miles) was opened for traffic December 31, 1858, and that from Truro
to Pictou (52 miles) was opened June 3, 1858.
The European and North American Railway was chartered in 1851. The section
between Moncton and Shediac (19 miles) was opened in 1857, and in the same year a
short section of three miles out from St. John was completed. The whole line from
St. John to Moncton was opened August 1, 1860. The remainder of the Intercolonial
Railway was constructed by the Dominion Government. The section from Painsec
Junction to Amherst (40 miles) was completed in 1870, and that from Amherst to
Truro (77 miles) in 1873. The sections between St. Flavie and River Restigouche
(92 miles), and between Bathurst and Miramichi (43 miles), were completed in the
fall of 1875 ; and those between River Restigouche and Bathurst (75 miles), and be-
tween Miramichi and Moncton (81 miles), in the spring of 1876. The whole railway
was in operation June 26, 1876.
The cost to the Dominion Government, with 745 miles of the railway completed,
had been to June 30, 1877, $35,682,249.11 ; or, per mile of road, $47,895.64.
The original gauge of the track was 5 feet 6 inches ; in May, 1876, it was reduced
to 4 feet 8| inches. The Windsor and Annapolis Railway Company run trains over
the line from Windsor to Halifax (45 miles) under lease, and pay a rental therefor of
one-third of the gross earnings.
Rolling Stock. — Locomotive engines, 102. Cars — passenger, 1st cl., 46 ; and 2d
cl.,34; postal and smoking, 17 ; baggage and express, 13 ; conductors' vans, 16 ; freight
(box, 734 ; stock, 46 ; hay, 34; platform, 1,028 ; coal, 900), 2,742— total cars, 2,868.
Operations for year ending June 30, 1877. — Trains run — passenger, 783,535 ;
freight, 990,086— total, 1,773,621 miles.
968
RAILROAD MANUAL OF THE UNITED STATES.
Earnings.
From Passengers $460,368 15
" Freight 607,56499
" Mails and Miscellaneous 86,512 21
$1,154,445 35
Deficit.., 307,22820
Total $1 ,461 ,673 55
Expenses.
Locomotive Power $442.895 26
Car Expenses 325,270 45
Way andWorks? 384,280 84
Station Expenses 157,475 85
General Charges 138,220 50
Car Mileage 13,530 65
Total $1,461,673 55
The following shows the general balances of operating accounts, June 30, 1877:
Cash $10,658 01
General Stores 349,037 78
Stations 24,972 24
Post Office Department 69,726 16
Companies and Individuals 495,587 19
Total $949,981 38
Dominion Account $940,008 97
Accident Insurance 5,19512
Grand Trunk Railway 1,395 11
Unpaid Account 3,382 18
Total $949,981 38
Financial Statement, — The amount raised by the Dominion of Canada, under Act
of 1867, for the purposes of the Intercolonial .Railway, has been to June 30, 1877,
$35,682,249.11.
Cost of railways and equipment of the railways in Nova Scotia and New Bruns-
wick purchased from the governments thereof, $12,781,708.78 ; expenditures (1876-77)
on Halifax extension, $214,433.56 ; ditto on Deep Water Terminus at St. John, $98,-
819.33; ditto on Snow Sheds, $1,042.14— $314,295.03. Expenses on Intercolonial
Railway, between RiviSre du Loup and Truro, $22,586,245.30 — total cost of works to
June 30, 1877, $35,682,249.11.
Statement, showing cost at close of each of last five years :
1873.
1874.
1875.
1876.
1877.
Works & Perman'nt Way
Rolling Stock
$11,868,549 13
785,278 51
$14,641,259 00
1 122 183 48
$16,872,588 81
1 425 287 92
$17,551,926 46
1 564 252 82
$18,022,033 42
1 880 804 92
Right of Way
199 724 39
234 577 12
245 156 74
269 330 01
285 292 78
Engineering & Surveying
Buildings
1,074,397 14
372,837 04
1,207,458 94
493 395 02
1,258,910 54
557 709 78
1,273,913 92
676 585 88
1,282,816 23
805 315 80
Miscellaneous
219,287 68
238 862 56
231 261 17
290 589 22
315 510 93
Cost of Works to date.
$14,520,073 89
$17,937,735 76
$20,593,914 96
$21,626,598 31
$22,591,774 08
Officers of the Ministry of Public Works in charge :
n T -n™ ( General Superintendent of ) „
C. J. BRYDGES, j Governnfent Railways> J\.- -Ottawa, Canada.
Superintendent— R. Luttrell Moncton, N. B.
Engineer — Alex. McNab " "
Mech. Supt.—H.. A. Whitney "
Gen. Pass. Agt.— James Coleman. . " '•
Accountant— Thomas Foote Moncton, N. B.
Auditor and Gen.
Ticket Agent-
Storekeeper — D. Pottinger
Office of Ministry of Public Works Ottawa, Ontario, Can.
KAILKOAD MANUAL OF THE UNITED STATES. 969
KINGSTON AND PEMBEOKE EAILWAY.
Line of Road. — Kingston, Ont., to Mississippi River, Ont 60.50 miles.
Branch. Junction to Glendower Mines. . . 1.00 "
Total length of main line and branch 61.50 miles.
Sidings, and other tracks, 3.50 miles. Gauge, 4 feet 8| inches. Rail, 50 Ibs.
Chartered April 14, 1871. Completed to Sharboth Lake, 45.50 miles, in August,
1875, and to the Mississippi River in October, 1877.
Rolling1 Stock, — Locomotive engines, 2. Cars — passenger, 1 ; baggage, 1 ; freight*
31— total, 33.
Operations for year ending June 30, 1877 (on 47.5 miles). — Trains run, 29,068
miles. Passengers carried, 6,676. Freight moved, 12,140 tons. Gross earnings,
passenger, $6,558.12; freight, $12,117.81 ; mail, $750, and miscellaneous, $149.32 —
total, $19,575.28. Operating expenses, $22,633.03. Deficit, $3,057.75.
Financial Statement, July 1, 1877. — Capital stock (authorized $1,250,000 ; paid
up), $106,000 ; provincial bonus ($117,342.50 ; paid up), $115,274.50; municipal bonus
(paid up), $450,000 ; and floating debt, $46,000— total liabilities, $717,274.50. Cost of
road and equipment (47.50 m.), $802,620.89.
C. F. GILDERSLEEVE, President Kingston, Ont.
Vice- President John Fraser. General Superintendent ?-^- Folger.
Secretary & Treasurer George Osborne. Purchasing Agent William Harty.
PRINCIPAL OFFICE AND ADDRESS Kingston, Ont., Can.
LAKE CHAMPLAIN AND ST. LAWEENCE EAILWAY.
Line of Road. — St. Hyacinthe, Queb., to St. Pie, Queb 10 miles.
Sidings and other tracks, 1 mile. Gauge, 3 feet 6 inches. Rail, 35 Ibs.
This road is projected to extend from Sorel, Can., to Missisquoi Bay, Lake Cham-
plain, a total distance of 100 miles. No operations reported.
Financial Statement, July 1, 1877. — Capital stock, $1,000,000 ; provincial bonds
($4,000 p. m.), $400,000 ; and municipal loan (so far), $56,000. Cost of road, etc., to
date, $151,800.
PRINCIPAL OFFICE AND ADDRESS Quebec, Canada.
LAKE SIMCOE JUNCTION EAILWAY.
Line of Road. — Stouffville, Ont., to Lake Simcoe,0nt 26.5 miles.
Sidings and other tracks, 3 miles. Gauge, 4 feet 8-J- inches. Rail, 56 Ibs.
This line has been recently completed, and will be operated in connection with
the Toronto and Nipissing Railway.
PRINCIPAL OFFICE AND ADDRESS Toronto, Ont.
970 KAILROAD MANUAL OF THE UNITED STATES.
LEYIS AND KENNEBEC KAILWAY.
Line of Road. — Levis, Queb., to St. Joseph, Queb 45 miles.
Sidings and other tracks, 2.25 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
Construction commenced in June, 1871, and the first section of 30 miles com-
pleted in December, 1874, and to St. Joseph in May, 1876. The whole line to the
State Line of Maine is 90 miles. In February, 1877, the bondholders took possession.
Rolling Stock. — None owned. Furnished by contractors.
Operations. — Not reported.
Financial Statement, July 1. 1877.— Capital stock ($3,000,000), $1,085,024.56;
funded debt, 1st mortgage 7 per cent. 20-year sterling bonds (£300,000 or $1,466,-
666.67), $486,666.67 ; and provincial (Quebec) subsidy ($360,000), $108,300— total paid
up, $1,679,991.23, which amount represents the cost of the road to date.
Directors (elected February 5, 1878).— Z. Andet, E. Baudet, Michael Cahill, C.
W. Carrier, S. P. Demers, F. X. Dulac, G. N. A. Fortier, F. X. Lemieux, and G. 0.
Taschereau.
Z. ANDET, President Quebec, Can.
Superintendent W. C. Hall.
PRINCIPAL OFFICE AND ADDRESS Quebec, Canada.
MASSAWIPPI VALLEY KAILWAY.
Line of Road. — Stanstead, Queb., to Sherbrooke, Queb 34.50 miles.
Sidings and other tracks, 1 mile. Gauge, 4 feet 8| inches. Rail (steel, 2 m.), 56 Ibs.
Continues the Connecticut and Passumpsic R. R. to a junction with the Grand
Trunk Ry., and leased thereto, the lessees to pay the bond interest and dividends at
the same rate as they pay to their own stock. The usual dividend has been 6 per
cent., but none were paid for August, 1876, nor for February and August, 1877. A
dividend of 2 per cent, was paid February 1, 1878.
Rolling Stock.— None owned. Furnished by C. and P. R. R. R. Co.
Operations. — Included in lessees' returns.
Financial Statement, July 1, 1877. — Capital stock, $400,000, and funded debt,
$400,000 ; total (representing cost of road), $800,000. The funded debt consists of
1st mortgage 6 per cent, gold bonds, dated January 1, 1870, and due in 1890.
R. N. HALL, President Sherbrooke, Can.
Secretary & Treasurer Stephen Foster. \ General Superintendent H. E. Folsom.
PRINCIPAL OFFICE AND ADDRESS Stanstead, Queb.
Lessees' Office and Address Lyhdonville, Caledonia Co., Vt.
MIDLAND KAILWAY OF CANADA.
Line of Road.— Port Hope, Ont., to Waubashene, Ont 106.39 miles.
Branch line : Millbrook (18 m. N. Port Hope), to Lakefield 22.61 "
Total length of all lines owned and operated by company 129.00 miles.
Sidings and other tracks, 17.49 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
RAILROAD MANUAL OF THE UNITED STATES. 971
The Port Hope, Lindsay and Beaverton Railway Company was chartered Decem-
ber 26, 1846. The company was aided largely by municipal subscriptions. The road
was opened to Lindsay December 30, 1857, and the branch from Millbrook to Peter-
boro' August 18, 1858. By an Act passed December 24, 1869, the name of the com-
pany was changed. The main line was extended to Beaverton, and formally opened
to that town in January, 1871, and in the same year the branch was extended to its
present terminus. In the next succeeding year the Orillia extension (20.62 m.) was
opened for traffic. The extension (19.82) was completed to Waubashene in August,
1875. The road is now being extended to Georgian Bay, and of this extension 3.4
miles had been laid with rail (steel) at the close of 1877. It is to be opened to Mid-
land, 7 miles further, this year.
Boiling1 Stock. — Locomotive engines, 10. Cars — passenger, 9 ; baggage, mail, and
express, 10 ; cabooses, 7 ; and freight cars — box, 58 ; live stock, 7 ; and platform, 230
— total revenue cars, 321. Service cars, 9.
Operations for year ending December 31, 1877. — Trains run — passenger, 198,-
767 ; and freight, 42,611— total, 241,378 miles. Service trains, 49,865 miles. Passen-
gers carried, 127,268; carried one mile, 3,881,634. Freight moved, 133,405 tons.
Earningt.
From Passengers $84,202 96
" Freight 171,138 90
" Mail.etc 8,29244
Total ($2,043.67 p. mile) $263,634 30
Expenditures.
For Maintenance of Way $58,674 34
" Rolling Stock 15,47980
" Transportation, etc 93,873 86
Total ($1,302.54 p. mile— 63.73 p. c.).$168,028 00
Balance — net revenue, $95,606.30. Payments— interest on funded debt, $93,-
790.40 ; and other charges, $8,555.50— total, $102,345.90. Balance, debit, $6,739.60.
General Balance, December 31, 1877.
Lines and Works Open $2,635,495 92
" " InProgress 1,158,00866
Working Stock 293,848 77
Sinking Fund Paid 32,606 69
" " Deferred.. 34,55333
$154,513 37
Share Capital $834,114 99
Mortgage Bonds 2,034,266 65
Interest Bonds 363,856 33
Reserve Account 579,252 71
Balance... 343,02269
$4,154,513 37
There are two classes of bonds : 1st mortgage 6 per cent, sterling, dated May 1,
1871, and due May 1, 1896, £328,300 ; and 2d mortgage 6 per cent, sterling, dated July
1, 1873, and due July 1, 1903, £83,000. The authorized issue of the first is £335,000,
and of the latter, £150,000.
Directors (elected February 17, 1878).— Adolph Hugel, Lewis Boss, and E. S.
Vindin, Port Hope, Ont. ; Lewis Wallbridge, Belleville, Ont. ; and George A. Cox,
Peterboro', Ont.
ADOLPH HUGEL, President and Genl. Manager Port Hope, Ont.
Treasurer and Secretary Charles Percy.
General Superintendent Harrison G. Taylor.
Engineer R. F. Tate.
Road Master Robert Pope.
Superintendent of Bridges Jos. Bailey.
Ticket and Freight Agent Arthur White.
PKINCIPAL OFFICE AND ADDRESS Port Hope, Ont., Can.
London Agency (E. J. Halsey, Agent) No. 79 Cornhill, London, Eng.
972 RAILROAD MANUAL OF THE UNITED STATES.
MISSISQUOI AND BLACK EIYEKS KAILWAY.
Line of Koad.— Richmond, Queb., to State Line, Vermont 56 miles.
In operation, 24 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
Rolling Stock. — None owned. Supplied by Central Vermont R. R. Co.
Financial Statement. — Capital stock authorized, $1,000,000 ; bonds authorized,
$750,000 ; provincial bonus, $2,500 per mile ; and municipal bonuses, $85,000. Esti-
mated cost to completion, $1,150,000.
JOHN H. GRAHAM, President Richmond, Queb.
Treasurer— John McMannis Richmond, Queb. I Superintendent— Thomas Hart. ..Richmond, Queb.
Secretary— George Williamson.. .Kingsbury, " j Chief Engineer— H. C. Cleveland,
PRINCIPAL OFFICE AND ADDRESS Richmond, Quebec.
MONTEEAL AND VEEMONT JUNCTION EAILEOAD.
Chartered by Canadian Parliament. Road extends from Province Line to St.
Johns, P. Q., 23.5 miles, or, including the Vermont portion known as the S wanton
Branch, 26 miles. It is operated by the Central Vermont R. R. Co. as a part of the
Vermont and Canada R. R., in which all its operations are included.
Directors and Officers. — Same as Central Vermont R. R. Co.
MONTREAL, POETLAND AND BOSTON EAILWAY.
Line of Road. — St. Lambert, Queb., to Vermont Line 53 miles.
Sidings and other tracks, 3 miles. Gauge, 4 feet 8i inches. Rail, 56 Ibs.
Opened in 1876-77. .
Boiling Stock. — Leased, except 25 freight cars.
Operations for year ending June 30, 1877. — Passengers carried one mile, $22,-
786; freight moved one mile, 37,825 tons. Gross earnings — passenger, $6,252.72;
freight, $1,950.80; and other, $625.82— total, $8,829.34. Expenses, not stated.
Financial Statement, July 30, 1877.— Capital stock, ($2,000,000) $974,800; pro-
vincial bonus (Quebec), $85,000, of which paid up $14,000, and municipal bonus,
$10,000— total paid up, $998,800. There is a mortgage debt (1st mortgage 6 per
cent.) for $2,500,000 ; but the amount paid up is not stated in the Canada Railway
Statistics for 1876-77.
EDWARD H. GOFF, President and Manager Montreal, Canada.
T. E. Foster, General Superintendent
PRINCIPAL OFFICE AND ADDRESS Montreal, Canada.
RAILROAD MANUAL OF THE UNITED STATES. 973
NEW BKUNSWICK KAILWAY.
tine of Road.— Gibson, N. Br., to Grand Falls, N. Br 122 miles.
Branch Lines • \ Andover Jctn-» N- Br-> to Caribou» Me 17
' (Junction, N. Br., to Woodstock, N. Br 11— 28
Total length of road in operation, June 30, 1877 150 miles.
Sidings and other tracks, 5 miles. Gauge, 3 feet 6 inches. Rail, 40 Ibs.
From Grand Falls, construction is in progress to Edmundston, 30 miles.
The road was chartered in 1870, and completed to Woodstock, 63 miles, May 1,
1873 ; to Florenceville, 71 miles, June 9, 1875 ; and to the present terminus in the win-
ter of 1877. The Caribou Branch was opened to Fort Fairfield in 1875, and to Cari-
bou in 1876. The company have a land grant from the provincial government of
10,000 acres per mile.
Rolling1 Stock. — Locomotive engines, 9. Passenger cars, 6 ; baggage and mail
cars, 5 ; freight (box, 33 ; and platform, 40), 73 — total cars, 84.
Operations for year ending June 30, 1877. — Passengers carried, 22,786 ; freight
moved, 37,825 tons. Gross earnings — passenger, $34,323.44 ; freight (incl. mail and
express), $59,843.61 ; and miscellaneous, $559.80 — total, $94,726.85. Operating ex-
penses, $81,126.36. Net earnings, $13,600.49.
Financial Statement, July 1, 1877.— Capital stock, $200,000 ; funded debt, 1st
mortgage 6 per cent. 20-year bonds, dated July 1, 1872, $1,722,000 ; and bonuses — pro-
vincial, $76,000 ; and municipal, $28,000— total capital raised, $2,021,000. The author-
ized capital stock is $3,500,000, and the limit of bonds, $2,500,000.
Directors. — Thomas Temple, A. F. Randolph, Robert Robinson, Alexander Jar-
dine, S. S. Hull, I. S. B. Deveber, and Lewis Fisher.
LEWIS FISHER, President Fredericton, N. Br.
General Manager E. E. Burpee. I Chief Engineer W. A. Nichols.
Secretary and Treasurer Julius S. Inches. | Train Manager T. Hoben.
PRINCIPAL OFFICE AND ADDRESS Fredericton, New Brunswick.
NEW BKUNSWICK AND CANADA KAILWAY.
Line of Road, — St. Stephen, N. B., to Debec Junction, N. B 74 miles.
e St. Andrew, N. B., to Watt's Junction, N. B 27
Branches : •< Debec Junction, N. B., to Woodstock, N. B 11
(Debec Junction, N. B., to Houlton, Me... 8 — 46 "
Total length of all lines owned by company 120 miles.
Sidings and other tracks, 14 miles. Gauge, 5 feet 6 inches. Rail, 50 Ibs.
The main line was commenced in 1852 and completed in 1861. The branch to
Honlton was opened in July, 1862 ; that to St. Andrew in January, 1866 ; and the
Woodstock Branch in September, 1868. The original name of the company was St.
Andrew and Quebec, which dates from October 5, 1835.
974
BATLROAD MANUAL OF THE UNITED STATES.
Rolling Stock. — Locomotive engines, 11. Cars — passenger, 1st cl., 4; and 2d
cl., 9 ; baggage, etc., 2 ; freight (box, 21 ; platform, 112), 133— total, 148.
Operations for year ending June 30, 1877. — Trains run — passenger, 12,100 ;
freight, 63,620; mixed, 71,005— total, 146,725 miles. Passengers carried, 33,416
and freight moved, 121,327 tons. Gross earnings — passenger, $31,874.51 ; freight,
$126,050.11; mail, express, etc., $12,403.89; and minor sources, $1,281.90— total,
$171,610.41. Operating expenses, $132,921.10 ; available revenue, $38,689.31.
Financial Statement, July 1, 1877.— Capital stock (authorized, $2,283,000), $1,-
178,000; preference shares, $610,000; bonded debt (6 per cent.), $170,000; bonuses,
provincial, $575,000 ; and municipal, $47,500 ; and floating debt, $36,000— total stock,
bonds and bonuses, $2,616,500. Cost of property, $3,506,000.
F. H. TODD, President St. Stephen, N. B.
Secretary C. P. Todd.
Treasurer F. A. Pike.
General Manager Henry Os<burn.
Superintendent John Stewart.
Road Master T. Howard.
Master of Machinery T. Armstrong.
Master of Car Repairs G. Houlton.
Gen. Ticket and Freight Agent... .N. S. Greathead.
Purchasing Agent Henry Osburn.
PRINCIPAL OFFICE AND ADDRESS St. Stephen, New Brunswick.
JSTOETHEKK KAILWAY.
Line of Road. — Toronto, Can., to Collingwood, Can 94.97 miles.
Branches 2.57 "
Toronto and Muskoka Railway (Barrie to Muskoka Wharf) 49.71 "
North Grey Railway (Collingwood to Meaford) 20.50 "
Total of all lines owned and operated 167.74 miles.
Sidings, etc., 45 miles. Gauge, 5 feet 6 in. Rail — iron, 58, and steel (21 m.), 60 Ibs.
The Toronto, Sarnia and Lake Huron Ry. Co., chartered August 29, 1849, be-
came the Ontario, Simcoe and Huron Ry. Co. in 1857, and the Northern Ry. Co. in
1858. The road was opened throughout January 2, 1855. The North Grey Ry. was
opened in June, 1872, and the Muskoka in November, 1875. Both these extensions
were, under agreement of June 3, 1875, consolidated with the Northern Ry.
Rolling1 Stock. — Locomotive engines, 33. Cars — passenger, 25 ; baggage, mail,
etc., 11 ; freight (box, 221 ; and platform, 564), 785— total, 821.
Operations for year ending June 30, 1877.— Trains run — passenger, 205,973 ;
freight, etc., 322,475— total, 528,348 miles. Passengers carried, 252,362. Freight
moved, 224,120 tons.
Earnings.
From Passengers $237,948 05
" Freight 450,855 09
" Mail, Express, etc 45,427 90
Expenditures.
For Maintenance of Way $111,034 30
" Rolling Stock 119,276 93
" Transportation, etc 202,871 26
$734,231 04
Balance— net earnings (40.98 per cent.), $301,049.55.
$433,181 49
BAILEOAD MANUAL OF THE UNITED STATES. 975
Financial Statement. — Capital stock — common, $425 ,000, and preferred, $21,184 ;
funded debt (stg. 6«), $4,192,633.34; bonuses — provincial, $196,188, and municipal,
$241,980 ; and floating debt, $915,650.30— total liabilities, $5,992,635.70.
WILLIAM THOMPSON, President Toronto, Ont.
Henry Mather Jackson, Vice-President London, Eng.
General Manager Fred. W. Cumberland. General Ticket Agent Alfred Telfer.
Secretary & Accountant Walter Townsend. Train & Traffic Master. John Harvie.
PRINCIPAL OFFICE AND ADDRESS Toronto, Ontario.
London Agency No. 103 Cannon Street, E. C., London.
PETITCODIAC AKD ELGIN EAILEOAD.
Line of Road. — Petitcodiac, N. Br., to Elgin, N. Br 14 miles.
Sidings and other tracks, 0.5 mile. Gauge, 4 feet 8i inches. Rail, 56 Ibs.
Opened in 1876. Extends as a branch of the International from Petitcodiac.
Rolling Stock.— Locomotive engine, 1. Cars, 2.
Operations for year ending June 30, 1877. — Trains run, 9,044 miles. Passen-
gers carried, 2,500. Freight (chiefly lumber) moved, 9,094 tons. Gross earnings
— passenger, $785.10; freight, $4,794.49; and mail and express, $214.51 — total,
$5,794.10. Operating expenses, $5,145.70. Net earnings, $548.40.
Financial Statement. — Capital stock ($200,000), $8,000 ; and bonuses — provin-
cial,, $70,000, and municipal, $13,000— total, $91.000. Cost of railway and rolling
stock, $83,000.
Directors, Officers, etc. — Not reported.
PRINCIPAL OFFICE AND ADDRESS Elgin, New Brunswick.
POET DOYEE AND LAKE HUEON EAILWAY.
Line of Road. — Stratford, Ont., to Port Dover, Ont 63 miles.
Leased : Stratford and Huron Railway 27 "
Sidings and other tracks, 3 miles. Gauge, 4 feet 8i inches. Rail, 56 Ibs."
Chartered March 2, 1872. Completed and opened for traffic January 1, 1876.
Rolling Stock. — Locomotive engines, 4. Cars — passenger, 6 ; baggage, 3 ; and
freight, 48 — total, 57.
Operations for year ending December 31, 1877. — Trains run, 68,985 miles. Pas-
sengers carried, 48,883 ; freight moved, 26,104 tons. Gross earnings — passenger,
$27,667.70; freight, $21,763.82 ; mail, express, etc., $3,401.57— total, $52,833.09.
Operating expenses, $47,405.38. Net earnings, $5,427.71.
Financial Statement, December 31, 1877. — Capital stock, $190,000; funded debt,
6 per cent, bond*, due 1897 and 1898, $630,000 ; floating debt, $30,000— total, $850,000,
representing cost of road, etc.
Directors (elected February 8, 1878). — Gilbert Moore and E. Cook, Norwich,
976
EAILEOAD MANUAL OF THE UNITED STATES.
Ont. ; D. Tisdale, John Jackson, Simcoe, Ont. ; S. S. Fuller, Stratford, Ont. ; and H.
Parker and T. J. Clark, Woodstock, Ont.
D. TISDALE, President Simcoe, Ont.
Henry Parker, Vice-President Woodstock, Ont.
Treasurer and Secretary R. W. Sawtell. I General Manager A. D. Wright.
Gen. Freight Agent C. M. Scott. | Purchasing Agent Gilbert Moore.
Chief Engineer & Superintendent A. B. Att water.
PRINCIPAL OFFICE AND ADDRESS Woodstock, Ont.
STKATFOKD AND HURON RAILWAY.
Line of Road.— Stratford, Ont., to Listowel, Ont 27 miles.
Sidings and other tracks, 1.35 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
This road was opened in December, 1877, and leased on completion to the Port
Dover and Lake Huron Ry. Co.
Directors.— S. S. Fuller, A. D. Wright, E. Fisher, and S. Rutherford, Stratford,
Ont. ; J. W. Scott, Listowel, Ont. ; and P. G. Clarke, Woodstock, Ont.
S. S. FULLER, President Stratford, Ont.
Chief Engineer & Superintendent. . . A. B. Attwater. | Secretary cfc Treasurer W. P. Watson.
PRINCIPAL OFFICE AND ADDRESS Stratford, Ontario, Can.
PRINCE EDWARD ISLAND RAILWAY.
lines of Road \ Georgetown, p- E. Isl., to Tignish, P. E. Isl 152.5 miles.
( Mount Stewart, P. E. Isl., to Souris, P. E. Isl. ... 38.0 "
Branches 8.0 "
Total length of main lines and branches 198.5 miles.
Sidings, etc., 9.75 miles. Gauge, 3 ft. G in. Rail — iron, 40, and steel (6 m.), 50 Ibs.
Built by the Provincial Government in 1871-72 and 73, and transferred to the
Dominion Government December 29, 1874. Opened through, January 4, 1875.
Rolling Stock. — Locomotive engines, 18. Cars — passenger, 14 ; emigrant, 9 ;
baggage, mail, etc., 5 ; freight (150 ; platform, 104), 254 — total, 283.
Operations for year ending June 30, 1877. — Trains run — passenger, 20,340;
freight, 144,985 ; and mixed, 22,412— total, 192,737 miles. Passengers carried, 93,478.
Freight moved, 41,039 tons.
Earnings. Expenditures.
From Passengers $60,35741 For Maintenance of Way [$89,440 13
Freight 63,21343 " Kolling Stock 27,06636
Mail, Express, etc 7,094 08 " Transportation, etc 112,088 76
$130,664 92
Balance — deficit, $97,930.33. Expenditures include
in cost of steel substituted for iron on 5.14 miles.
$228,595 25
,207.17, the difference
RAILROAD MANUAL OF THE UNITED STATES. 977
Financial Statement, June 30, 1877.— Dominion Government, $3,403,367.84.
This amount represents the cost to the Government of the road and equipment.
Officers of the Department of Public Works.
C. J. BRYDGES, Gen. Supt of Government Railways. . .Ottawa, Can.
Superintendent W. McKechnie. Mechanical. Superintendent A. Stronach.
Resident Engineer G. C. Cunningham. Accountant Thomas Williams.
PRINCIPAL OFFICE AND ADDRESS.. .Charlottetown, Prince Edward Island.
QUEBEC CENTKAL RAILWAY.
Line of Road. — Sherbrooke, Queb., to Carl ton, Queb 61 miles.
Sidings and other tracks, 3 miles. Gauge, 4 feet 8£ inches. Rail (steel, 14 m.), 56 Ibs.
Successors of Sherbrooke, Eastern Townships and Kennebec R. R. Co. Only
partially completed, and run so far by the contractors.
Rolling1 Stock. — Locomotive engines, 3. Revenue cars — passenger, 2 ; baggage,
mail and express, 2 ; and freight — box, 25 ; and platform, 50. Service cars, 2.
Operations for year ending June 30, 1877. — Trains run, 28,815 miles. Passen-
gers carried, 3,246; and freight moved, 16,565 tons. Gross earnings — passenger,
$3,685.97; freight, $18,650.99; mail, $798.15; and miscellaneous, $1,945.82— total,
$25,080.93. Operating expenses, $20,689.02. Net earnings, $4,391.91.
Financial Statement.— Capital stock ($1,500,000), $295,985; bonuses— provin-
cial ($382,000), and municipal ($250,000), $100,000— total paid up capital, $395,985.
Cost of Toad, etc., to date, $770,639.36. The difference between capital and cost
($374,654.36) is the floating debt due the contractors.
J. G. ROBERTSON, President Sherbrooke, Can.
Secretary and Treasurer J. A. Archambault.
General Superintendent A. Steel.
Chief Engineer George G. Dixson.
Master Mechanic J. Seivwright.
PRINCIPAL OFFICE AND ADDRESS Sherbrooke, Quebec, Canada.
QUEBEC AND LAKE ST. JOHN RAILWAY.
Line of Road. — Quebec, Can., to Gosford, Can 25.5 miles.
Gauge, 4 feet 8£ inches. Rail, maple string pieces.
Chartered in 1869, and completed in 1871. Has not been operated since 1873.
It is to be reconstructed with iron rails, and the first section (Quebec to St. Raymond,
30 miles) is expected to be completed within the current year. The distance from
Quebec to Lake St. John is 150 miles.
Rolling Stock. — Locomotive engines, 3. Cars — passenger, 4 ; and freight, 51.
Financial Statement, December 31, 1877. —Capital stock, ordinary, $112,210, and
preferred, $10,000; funded debt, $100,000; bonuses— provincial, $48,171;* and
municipal, $7,000; and municipal loan, $10,000 — total capital paid up, $281,381.
Cost of road, etc., to date, $244,501. The provincial bonus authorized is $600,000.
62
978 EAILROAD MANUAL OP THE UNITED STATES.
Directors. — M. W. Baby, E. Chime, John Ross, William Wittall, J. B. Renaud,
P. Garneau, and J. D. Brousseau, all of Quebec, Can.
M. W. BABY, President Quebec, Can.
PRINCIPAL OFFICE AND ADDRESS St. Peter Street, Quebec, Can.
QUEBEC, MONTKEAL, OTTAWA AND OCCIDENTAL KY.
Line of Road. — Quebec, Queb., to Aylmer, Queb 286.6 miles.
,, , . ( Magdeleine to Lac des Piles 26.8
(St. Thereseto St. Jerome 13.2— 40.0 "
Western Extension, in progress : Aylmer, Queb., to Portage du Fort, Qu. 50.0 "
Total length of lines, completed and uncompleted, February 1, 1878.. 376. 6 miles.
Gauge, 4 feet 8-J- inches.
This work is being constructed by the Quebec provincial government ; that por-
tion between Quebec and Montreal, occupying the route of the North Shore project,
and that west from Montreal, the route of the Montreal, Ottawa and Western, or that
known as the Northern Colonization Road. On the 1st of February, 1878, the oper-
ated sections were as follows : Quebec to Three Rivers, 78 miles, and Montreal to
Hull, 117 miles. The two branches (40 miles) were also in operation. At that date,
the whole of the line between Quebec and Aylmer was virtually completed, the line
within the city of Montreal alone being wanting. The expenses of construction have
been borne by the provincial government, which provided for this purpose $7,897,000,
and the several municipalities on the line, which provided $2,459,000, or a total of
$10,356,000. These public subsidies it is expected will cover the whole cost. The
amount disbursed to June 30, 1877 (latest report), was $7,586,644.62. The cost, as
estimated, will be about $37,500 per mile. The mileage now opened is operated by
the contractors. The intention of the government, however, is to lease the work as
a whole, or in two divisions, Montreal being the division point.
QUEBEC RAILROAD COMMISSIONERS. — H. G. Malhiot (chairman), George Irvine,
and E. Chinic.
Quebec Division.
General Manager E. H. McGreery.
Traffic Manager and Cashier J. T. Prince.
Montreal Division.
General Manager Duncan McDonald.
Traffic Manager and Cashier Geo. A. Taylor.
COMMISSIONERS' OFFICES J No- 77 Dalhousie Street, Quebec, Can.
(j\o. 16 James Street, Montreal, Can.
KIDEAU AND NOETHEASTEEN EAILWAY.
Lines of Road. — Brewer's, Ont., to Green Bush, Ont 45 miles.
Sidings and other tracks, 1 mile. Gauge, 4 feet 8-£ inches. Rail, 50 Ibs.
Recently opened. All information refused.
RAILROAD MANUAL OF THE UNITED STATES. 979
ST. FRANCIS, MEGANTIC AND INTERNATIONAL BY.
Line of Road. — Lenoxville, Queb., to Bury, Queb 27.5 miles.
Sidings and other tracks, 2 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
Chartered by the Dominion Parliament in April, 1869, opened for traffic July 1,
1876. The project is to carry the line eastward to a connection with the main Railroads.
Rolling Stock. — Locomotive engines, 2. Cars hired.
Operations.— No report published.
Financial Statement (July 1, 1877).— Capital stock ($1,500,000), $650,000; and
provincial bonus, $128,506 — total, representing cost of road, etc., $778,506.
J. H. POPE, President Cookshire, Queb.
Treasurer and Secretary James E. Davidson. | Superintendent D. E. McFee.
PKINCIPAL OFFICE AND ADDRESS Sherbrooke, Quebec.
ST. LA WHENCE AND INDUSTRY RAILWAY.
Line of Road. — Le Noraie, Queb., to Joliette, Queb 12 miles.
Sidings and other tracks, 0.42 mile. Gauge, 4 feet 8i inches. Rail, 56 Ibs.
Chartered July 28, 1847. Opened for traffic in May, 1850.
Rolling* Stock. — Locomotive engines, 2. Cars — passenger, 4 ; freight, 18.
Operations for year ending June 30, 1877. — Train (mixed) mileage, 9,600. Pas-
sengers carried, 9,073. Freight moved, 5,000 tons. Gross earnings — passenger,
$3,863.78 ; freight, $6,192.46 ; and other, $302.60— total, $10,358.84. Operating ex-
penses, $9,460.16. Net revenue, $898.68.
Financial Statement.— Capital stock, $42,100. Cost of road, etc., $64,016.
PRINCIPAL OFFICE AND ADDRESS Le Noraie, Quebec, Can.
ST. LAWRENCE AND OTTAWA RAILWAY.
Line of Road. — Prescott, Ont., to Ottawa, Ont 52.5 miles.
Branches ... 6.5 "
Total length of railway owned and operated by company 59.0 miles.
Sidings, 8 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs. Steel rail, 10.5 miles.
Chartered as By-Town and Prescott Ry., May 10, 1850, and opened May 18,
1854. Sold in foreclosure in 1866, and reorganized under existing name. Chaudiere
Branch, 5 miles, opened December 15, 1871.
Rolling Stock. — Locomotive engines, 10. Cars — passenger, 18; baggage, mail,
etc., 6 ; freight (box, 67 ; stock, 2; platform, 44), 113— total, 137. Service cars, 20.
Snow-plows, 2.
980 RAILROAD MANUAL OF THE UNITED STATES.
Operations for year ending December 31, 1877. — Trains run — passenger, 80,110;
freight, etc., 46,922— total, 127,032 miles. Passengers carried, 59,358. Freight
moved, 52,623 tons. Gross earnings — passenger, $84,026.31; freight, $79,021,97;
and mail, express, etc., $14,192.25— total ($3,029.75 per mile), $177,240.53. Oper-
ating expenses — way and structures, $24,353.05; rolling stock, $41,814.57; transpor-
tation, $27,474.55; and general, including taxes, $16,833.83— total ($1,888.48 per
mile; 62.33 percent.), $110,476.00. Net revenue, $66,764.53. Interest and sinking
fund, $50,131.85 ; and other payments, $5,801.70 : balance to credit of account, $10,-
830.98. No dividends.
Financial Statement. — Capital stock authorized, $2,710,000 ; issued, none; pre-
ference stock, $789,909.20; and funded debt, authorized, £200,000; issued, £150,000,
or $729,997.50. Total stock and bonds issued, $1,519,906.70.
The property was sold in 1866, and all stocks and bonds, except the 1st mort-
gage bonds (which were on reorganization exchanged into preference stock), were
swept away. In 1867, a new 1st 8 per cent, mortgage, and in 1872, a 2d 7 per cent,
mortgage, each for £50,000, were created, payable respectively in 1887 and 1903.
Both these series of bonds were called in and paid off at par, December 14, 1876 ;
and a new 1st 6 per cent, mortgage for £200,000 created ; but only £150,000 has yet
been issued, of which £100,000 went to replace the two old mortgages. The re-
mainder (£50,000) was issued at 90. Interest payable semi-annually, June 15 and
December 15, at the Banking House of Morton, Rose and Co., London, England.
Directors (elected May 14, 1877). — William Quilter, London, Eng.; Thomas Rey-
nolds, Ottawa, Ont. ; and Josiah Robinson, Thomas Robinson, Alex. Robert Ayre,
William Carter, and W. G. Norris, London, Eng.
WILLIAM QUILTER, President London, Eng.
Thos. Reynolds, Vice-Pres. & Managing Director. Ottawa, Out., Can.
Secretary (London) T. A. Welton.
Secretary and Treasurer & G. P. A.. A. G. Pcdcn.
Resident Engineer J. G. Maclin.
Poad Master William Wallace.
Locomotive Superintendent Calvin Darae.
General Freight Agent J. M. Taylor.
PRINCIPAL OFFICE AND ADDRESS Ottawa, Carleton Co., Ontario, Can.
London Office No. 3 Moorgate Street, London, Eng.
ST. MAKTIN'S AND UPHAM RAILWAY.
Line of Road. — St. Martin's, N. Bruns., to Upham, N. Bruns 29.75 miles.
Sidings and other tracks, 1.49 miles. Gauge, 4 feet 8| inches. Rail, 56 Ibs.
This road has recently been completed. It connects with the Intercolonial at
Upham, and will be operated as a branch of that line. It has been constructed on a
capital of $250,000, aided by a provincial subsidy of $150,000.
PRINCIPAL OFFICE AND ADDRESS St. Martin's, N. Brunswick, Can.
SARNIA, CHATHAM AND EEIE RAILWAY.
Line of Road.— Oil City, Ont., to Petrolia, Ont 4 miles.
BAILKOAD MANUAL OF THE UNITED STATES. 981
Tins road was completed late in December, 1877. It is operated as a branch of
the Canada Southern Ry. All further information refused.
PRINCIPAL OFFICE AND ADDRESS Oil City, Ontario.
SOUTHEASTERN RAILWAY.
Line of Road. — St. John, Quebec, to Richford (Vt. State Line) 46 miles.
Sidings and other tracks, 4.5 miles. Gauge, 4 feet 8£ inches. Rail, 56 Ibs.
Leased March 15, 1875, for one year, to Connecticut and Passumpsic, and Boston,
Concord and Montreal Companies ; terms not made public. This lease is continued
in force from year to year. The Richelieu, Drummond and Arthabaska Railway
has recently been absorbed in the Southeastern, and is now in course of construction.
The line of this road reaches from Sorel to Sutton, a distance of 93^ miles, and in-
cludes the wooden-rail line from Drummondville to L'Avenir. The Missisquoi and
Clyde Rivers Railroad — Richford to Newport, 20 miles — connects the Southeastern
Railway with the Connecticut and Passumpsic Railroad.
Rolling1 Stock. — None owned. Furnished by the lessees.
Operations. — Included in lessees' returns.
Financial Statement, June 30, 1875.— Capital stock authorized, $2,000,000 ;
subscribed, $1,328,160 ; and paid in, $833.251. Funded debt authorized, $3,200,000 ;
and subscribed and paid in, $894,000. Government (Quebec) bonus authorized, $443,-
000 ; paid in, $166,355 ; municipal bonus, $6,000; municipal subscriptions to shares
or bonds, $578,000 ; paid in, $438,000— total subscriptions, $3,249,160 ; total paid in,
$1,893,606. Cost of railway and appurtenances to date, $1,320,000.
PRINCIPAL OFFICE AND ADDRESS Quebec, Canada.
STANSTEAD, SHEFFOKD AND CHAMBLY EAILROAD.
Chartered by Canadian Parliament. It extends from St. Johns, P. Q., to Water-
loo, 40.5 miles, with 5 miles of sidings. Operated under lease by Central Vermont
R. R. Co. All other information refused.
Officers. — Same as Central Vermont R. R. Co.
TORONTO AND NIPISSING RAILWAY.
Line of Road. — Toronto, Ont., to Coboconk, Out 88 miles.
Sidings and other tracks, 5 m. Gauge 3 ft. 6 in. Rail,iron,40 Ibs. and steel(10.3 m.)56 Ibs.
Chartered in 1868, and opened November 26, 1872. The further extension of the
main line to Lake Nipissing, 112 miles, and to Lindsay, 18 miles, is required by the
charter. The company propose to relay the line with steel rail. One rail of the
Grand Trunk Railway is used between Toronto and Scarboro' Junction, 8 miles, and
rental paid at the rate of $150 a mile, 15 cents per car, and 6 cents per passenger.
982
RAILROAD MANUAL OF THE UNITED STATES.
Rolling Stock. — Locomotive engines, 12. Cars — passenger, 7 ; baggage, 3 ; con-
ductors' vans, 8 ; and freight — box, 64 ; stock, 13 ; lime, 11 ; platform, 178 — total, 284.
Snow plows, 2.
Operations for year ending June 30, 1877. — Trains run — passenger, 120,642 ;
freight, 48,370 — total, 169,012 miles. Passengers carried, 96,081 ; freight moved,
93,741 tons.
Earnings.
From Passengers $71,344 55
" Freight 113,049 70
" Mail, Express, etc 12,214 31
$196,608 57
Expenditures.
For Maintenance of Way $30,265 35
" Rolling Stock 15,960 90
" Transportation, etc 76,288 67
$122,514 92
Balance, net earnings (37.69 per cent.), $74,093.65; applicable to rent and tolls
(G. T.), $6,935.37 ; coupons and interest, $87,261.63; new works arid improvements,
$4,078.17; discount, $40,000; and balances due June 30, 1876, $30,911.30— total,
$169,186.47. Balance due June 30, 1877, $95,092.82.
General Balance, June 30, 1877.
Railway and Equipment $1,601,975 00 Capital Stock $193,350 00
Materials on hand 8,223 80 Bonuses 481,562 59
Current Accounts 20,902 10 Funded Debt 769,000 00
Income Deficit .
95,092 82
Floating Debt 268,601 88
Current Liabilities 13,679 25
$1,726,193 72 $1,726,193 72
Directors (elected September 11, 1877). — William Gooderham, Jr., William G.
Gooderham, and James E. Ellis, Toronto, Ont. ; Joseph Gould, Uxbridge, Out. ; and
Hugh MacDonald, H. P. Dwight, William Copland, Walter S. Lee, James G. Wortz,
Jr., and James Crocker.
WILLIAM GOODERHAM, Jr., Pres. and Man. Director, Toronto, Ont.
William George Gooderham, Vice-President Toronto, Ont.
Secretary and Treasurer Joseph Gray.
Accountant Edwin Gray.
Solicitor John Leys.
Auditor Simpson Hill.
Chief Engineer J. C. Bailey.
Mechanical Superintendent Joseph Haggas.
PRINCIPAL OFFICE AND ADDRESS Toronto, Ontario, Canada.
TOEONTO, GKEY AND BKUCE KAILWAY.
Line of Road. — Toronto, Ont., to Owen Sound 122 miles.
Western Division — Orange ville, Ont., to Tees water, Ont 69 "
Total length of railway owned and operated 191 miles.
Sideways and other tracks, 16 miles. Gauge, 3 feet 6 inches. Rail, 40 Ibs.
Chartered in 1868. Opened to Orangeville, May, 1871 ; to Mount Forest, October,
1871 ; to Owen Sound, June, 1873 ; to Harriston, October, 1873, and to Teeswater,
May, 1874.
RAILROAD MANUAL OF THE UNITED STATES. 983
Rolling1 Stock. — Locomotive engines, 20. Passenger cars, 12; baggage, mail,
and express cars, 6 ; and freight cars — box, 216, and platform, 235 — total cars, 470.
Service cars, 14.
Operations for the year ending June 30, 1877. — Trains run, 345,610 miles. Pas-
sengers carried, 131,529. Freight moved, 112,150 tons. Gross earnings — passenger,
$121,511.22; freight, $209,098.98; and mail and express, $18,805.91— total, $349,-
416.11. Operating expenses, $226,544.16; net earnings, $122,871.95 ; interest on
bonds, $120,000.
Financial Statement— Capital stock, ($1,000,000) $773,085; funded debt, 1st
mortgage 6 per cent, bonds, dated January 1, 1876, $2,000,000; bonuses — Dominion,
$2,656 ; provincial, $375,282 ; and municipal ($988,000), $969,561.44 ; and floating
debt, $44,818.28— total stock, bonds, bonuses, and debt, $4,167,402.72. Cost of rail-
way and rolling stock, $4,167,402.72.
Directors. — John Gordon, Wm. Eamsay, B. H. Dixon, Win. M. Clark, John
Baxter, Thos. H. Lee, W. B. Hamilton, M. Stauuton, S. J. Lane, Toronto, Ont.
City of Toronto : P. G. Close. County of Grey : D. McGregor.
JOHN GORDON, President Toronto, Canada.
William Ramsay, Vice- President " "
Sec. and Treas Wm. Sutherland Taylor. I Auditor R. Jones.
Gen. Manager Edmund Wragge. | Master Mechanic •. J. A. Slack.
PRINCIPAL OFFICE AND ADDRESS Toronto, Ontario, Canada.
VICTORIA RAILWAY.
Line of Road. — Lindsay, Ont., to Kinmount, Ont 33 miles.
Sidings and other tracks, 2 miles. Gauge, 4 feet 81 inches. Rail, 56 Ibs.
As projected will extend from Lindsay north to the Ottawa River at its junction
with the Mattawan, 163 miles. Chartered in 1871, completed to Kinmount in the
winter of 1876, and opened in April, 1877. It is intended to complete 22 miles addi-
tional during the current year. A branch to the Snowdon Iron Mines, 6 miles, will
also be built in 1878. The road is operated by the Whit by, Port Perry and Lindsay
Company.
Rolling1 Stock. — Locomotive engines, 3. Cars — passenger, 4 ; freight, 27.
Operations. — Not reported.
Financial Statement. — Not reported. Funded debt, 1st mortgage 7 per cent.
20-year bonds, dated November 1, 1875 ($12,000 p. m.), $396,000.
Directors (elected January 16, 1878). — George Laidlaw, C. J. Campbell, William
Thompson, W. W. Copp, C. W. Bunting, J. C. Fitch, Robert Barber, J. B. Robinson,
and H. P. Dwight.
GEORGE LAIDLAW, President Toronto, Ont.
C. J. Campbell, Vice-President
Chief Engineer & General Manager.. . .James Ross. | Secretary and Treasurer H. E. Suckling.
Assistant General Manager and Auditor E. H. Brennan.
PRINCIPAL OFFICE AND ADDRESS Toronto, Ont.
984
RAILROAD MANUAL OF THE UNITED STATES.
WATEELOO AND MAGOG KAILWAY.
Line of Boad. — Waterloo, Queb., to Sherbrooke, Queb 30 miles.
This road, which has been partially in operation for some time, was finally com-
pleted November 10, 1878. It is an extension eastward of the Chambly line of the
Central Vermont, and will be operated under the same management. All information
refused.
PRINCIPAL OFFICE AND ADDRESS Waterloo, Queb., Can.
WHITBY, POET PEEEY AND LINDSAY EAILEOAD.
Line of Road. — Whitby Junction, Ont., to Lindsay, Ont 46 miles.
Sidings and other tracks, 4 miles. Gauge, 4 feet 8-J inches. Rail, 56 Ibs.
Constructed from Whitby Junction (Grand Trunk) to Port Perry in 1876, and to
Lindsay in 1877. From Lindsay, it is continued by the Victoria Railroad.
Rolling Stock. — Locomotive engines, 4. Cars — passenger, 4; baggage, mail, etc.,
2 ; freight (box, 37 ; platform, 69), 106— total, 112.
Operations for the year ending June 30, 1877. — Trains run, 41,620 miles. Pas-
sengers carried, 29,654. Freight moved, 46,221 tons. Gross earnings — passenger,
$16,599.94; freight, $39,031.20; mail and express, $1,080.80; and miscellaneous,
$2,065.71— total, $58,777.65. Operating expenses, $35,780.98; net earnings, $22-
996.67.
Financial Statement.— Capital stock ($300,000) $110,080.33 ; funded debt, 1st
mortgage 6 per cent, bonds ($15,000 p. m.) $690,000 ; bonuses — provincial, $94,957.59 ;
and municipal, $222,094.93 ; and floating debt, $167,389.35 — total stock, bonds, etc.,
$1,284.522.20. Cost of road and equipment, $1,181.790.49.
JAMES AUSTIN, President Toronto, Ont.
Managing Director James Holden. | Secretary and Treasurer John J. Ross.
PRINCIPAL OFFICE AND ADDRESS Whitby, Ontario, Can.
WINDSOE AND ANNAPOLIS EAILWAY.
Line of Road. — Annapolis, N. S., to Windsor, N. S 84 miles.
Leased line (Intercolonial) : Windsor, N. S., to Windsor June., N. S 32
Jointly-used line : Windsor June., N. S., to Halifax, N. S 13—45 "
Total length of railway owned, leased and jointly used 129 miles.
Sidings, etc., 4-J m. Gauge, 4 feet 8i in. Rail, iron, 50, and steel (3| m.), 56 Ibs.
Chartered in England under " Companies' Acts of 1862 and 1867," and in Nova
Scotia May 7, 1867. Opened for general traffic December 18, 1869. The leased line
KAILROAD MANUAL OF THE UNITED STATES. 985
was built by the Government of Nova Scotia ; opened June 3, 1858, and transferred
to the Dominion of Canada in 1871. For this line and the line jointly used, the com-
pany pay one-third of the gross earnings thereon.
Rolling Stock. — Locomotive engines, 10. Revenue cars — passenger, 1st class, 6 ;
2d class, 3 ; and composite (pass, and baggage), 3 ; post- office, 2 ; express and bag-
gage, 3 ; and freight, 142 — viz : box, 50 ; coal, 20 ; and platform, 72 — total revenue
cars, 159. Snow plows, 2.
Operations for year ending June 30, 1877. — Trains run — passenger, 64,759 ; and
mixed, 99,739 — total, 164,498 miles. Passengers carried, 91,773. Freight moved,
55,075 tons. Gross earnings — passenger, $84,664 ; freight, $87,390 ; mail and ex-
press, $9,717 ; and miscellaneous, $1.841 — total, $183,612. Operating expenses,
$164,778. Net revenue, $18,834.
Financial Statement.— Capital stock (authorized, £500,000), $1,467,300; funded
debt, debenture stock (authorized, A £75,000, and B £350,000), $1,532,628 ; Dominion
bonus, $1,089,896 ; and floating debt, $198,341— total stock and debt, $4,288,165.
Cost of road and rolling stock, $3,799,989.
P. INNES, -General Manager Kentville, N. S.
Secretary— Wm. Ross Campbell London, Eng, I Superintendent— E. Sutherland Kentville, N. S.
Auditor— James Waddell «' | Accountant— H. A. Pratt "
PRINCIPAL OFFICE AND ADDRESS Kentville, N. S.
London Offices No. 24 Great Winchester Street, London, E. C.
986
EAILEOAD MANUAL OF THE UNITED STATES.
APPENDIX.
Showing the Amount and Charade?' of the Various Classes of the Debts of the United
States, as existing on the 1st day of June, 1878.
RECAPITULATION.
Principal.
Interest.
Totals.
DEBT BEARING INTEREST IN COIN.
$738,619,000 00
703,266.650 00
235,000,000 00
91,850,000 00
Bonds at 5 per cent
Bonds at 4-J- per cent
Bonds at 4 per cent
DEBT BEARING INTEREST IN LAWFUL
MONET.
Navy Pension Fund at 3 per cent
$1,768,735,650 00
14,000,000 00
6,143,500 26
$30,803,782 29
175,000 00
349,368 55
DEBT ON WHICH INTEREST HAS
CEASED SINCE MATURITY.
DEBT BEARING NO INTEREST.
Old Demand or Legal Tender Notes.. . .
Certificates of Deposit
$346,743,313 50
35,705,000 00
16,658,698 58
52,823,640 00
Fractional Currency
Unclaimed Interest
451,930,652 08
7,597 03
Total Debt
$2,240,809,802 34
$31,335,417 87
$2,272,145,220 21
Cash in Treasury — Coin
$189,708,021 10
3,094,748 47
10,000,000 00
35,705,000 00
Currency r - - - - -
Currency held for Re
Special Deposit hel(
of Deposit, as pro\
1
Debt, less Cash in the Treasury, June ]
Debt, less Cash in the Treasury, June 1
Decrease of Debt for year since June 1,
dempt'nof Fractional Currency
I for redemption of Certificates
ided by law
1878
$238,507,769 57
$2,033,637,450 64
2,063,377,342 37
, 1877
1877...
$29.739.891 73
BONDS ISSUED TO THE PACIFIC RAILWAY COMPANIES.
Interest Payable in Lawful Money.
Name of Railway.
Principal
Out-
standing.
Interest Ac-
crued and
not yet paid.
Interest Paid
by the
United States.
Interest Re-
paid by Trans-
portation of
Mails, etc.
Balance of
Interest Paid
by the
United States.
Central Pacific
$25 885 120
$647 128 00
$14 910 465 67
$2 328 303 98
$12 582 161 69
Kansas Pacific
6 303 000
157 575 00
4 049 348 09
1 532 497 42
2 516 845 67
Union Pacific
27 236 512
680 912 80
15 %9 801 45
5 443 749 78
10 526 051 67
Central Branch, Union Pacific..
Western Pacific
1,600,000
1,970 560
40,000 00
49 264 00
1,021,808 26
1 017 964 14
67,498 35
9 367 00
954,309 91
1 008 597 14
Sioux City and Pacific
1,628,320
40708 00
926 951 89
71 160 50
855 791 39
Totals
$64,623,512
$1 615 587 80
$37 896 334 50
$9 452 577 03
$28 443 757 47
APPENDIX.
1. -SOURCES AND AMOUNTS OF REVENUE RECEIPTS.
987
Fiscal
Years.
Customs.
Internal
Revenue.
Direct
Tax.
Public
Lands.
Premium
on Loans,
etc.
Miscel-
laneous.
Net
Revenue.
Loans and
Treasury
Notes.
1861-62..
1862-63..
1863-64..
1864-65..
1865-66..
1866-67. .
1867-68..
1868-69..
1869-70. .
1870-71..
1871-72..
1872-73..
1873-74..
1874-75..
1875-76..
1876-77..
$49,056,397
69,059.642
102,316,153
84,928,261
179,046,651
176,417,811
164,464.599
180,048,427
194,538,374
206,270,408
216,370,287
188,089,523
163,103,833
157,167,722
148,071.984
130,956,493
$37,'640,788
109,741,134
209,464,-J]5
209,226,813
206,027,537
191,687,589
158.356,461
184,899,756
143,098,154
130,642,178
113,729,314
102,409,784
1 10,007,494
116.700,732
118,630,408
$1,795,332
1,4*5,104
475,649
1,200,573
1,974.754
4,200,234
1,788,146
765,686
229,103
580,355
$152,234
167,617
588,333
996,553
665,031
1,163,576
1,348,715
4,020,344
3,350,482
2,388,647
2,575,714
2,882,312
1,852,428
1,413,640
1,129,466
976,254
$68,400
602,345
21,174.101
11,683,447
38,083,056
27,787,330
29,206.629
13,755,491
15,295,644
8,892,840
9,412,638
11,560,531
5,037,665
3,979,280
4,029,280
249,580
$915,122
3,741,794
30,931,401
25,441,556
29,036,414
15,037,522
11,745,403
13,997,339
12,942,118
22,093,541
15,106,057
17,161,270
22,112,708
15,431,915
24,070,602
18,187,852
$51,987.455
112,697.291
264,626,772
333,714,605
558,032,620
490,634,010
405,638,083
370,843,747
411,255,478
383,323,945
374,106,868
333,738.205
289,478,756
288,000,051
294,095,865
269,000,587
$529,692,460
776,682,361
1,128,834,246
1,472,224,741
712,851,553
640,426,910
625,111,423
238,678,081
285,474,496
368,768,523
305,047,054
214.931,017
439,272,535
387,971,556
397,455,808
348,871,749
315,255
93,798
2.— OBJECTS AND AMOUNTS OF REVENUE DISBURSEMENTS.
Fiscal
Years.
Premium
onLoans,
etc.
Civil and
Miscella-
neous.
War De-
partment.
Navy De-
partment.
Indians.
Pensions
Interest
on Public
Debt.
Net Ordi-
nary Expen-
ditures.
Redemp-
tion or
Loans,etc.
1861-62
1862-63
1863-64
1864-65
1865-66
1866-67
1867-68
1868-69
1869-70
1870-71
1871-72
1872-73
1873--74
1874-75
1875-76
1876-77
$
$
21,408,491
23,256.965
27,505,399
43,047,658
41,056,962
57,110,224
53,009.868
56474,061
53,237,461
60.481.916
61.984.757
73,328.110
85,141.594
71,070,703
73,599,661
56,252,067
$
394,368,407
51)9,298,601
690,791,543
1,031.323,361
284,449,702
95,224,416
123,246,649
78,501,991
57,655,675
35,799,992
35,372,157
46,323,138
42,313,927
41,1'20,646
38.070,888
37,082,736
$
42,668.277
63,221,964
85,725,995
122,612.955
43,324,118
31,034,011
25,775,503
20,000,758
21,780,230
19,431,027
21,249,810
23,526,257
30,932.557
21,497,626
18,963,309
14,959,935
$
2,273,223
3,154,327
•2,029,859
5.116,835
3,247,064
4,642,932
4,100.682
7,042^23
3,407.938
7,426,997
7,061,729
7,957,705
6,692,462
8,384,657
5,966,558!
5,277,007
$
853,065
1,078,922
4,983,924
16,338,811
15,605,352
20.936,552
23,782,387
28,476,622
28,340,202
34,443,895
28,533,403
29,359,427
29,038,415
29,456,216
28,257,395
27,963,752
$
13,190,324
24,729,847
53,685,421
77,397,712
133,067,742
143,781,592
140,424,046
130,694,243
129,235,498
125,576,566
117,357,840
104,750,688
107,119,815
103,093,545
100,243,271
97,124,512
$
474,761,819
714,740,725
865,322,642
1,197,555,2-24
520,409,417
357,547,675
377,340,285
322,865,278
309,653,561
292,177,188
277,517,963
•285,269,325
301,238,800
274,623,393
265.101,084
238,660,009
$
96,096,922
181,086,635
432,822,614
60r,361,-242
620,263,249
735,536,980
962,549,686
261,912,718
393,354,282
399,518,729
405,007,308
233,699,353
42-2,065,060
407,377,492
449,345,272
323,965,424
1,717,900
58,476
10,813,349
7,001,151
1,674,680
15,996,556
9,016,795
6,958,267
5,105,920
1,395,074
Issues in conversion of securities are treated as loans, and cancellations as redemp-
tions. The interest paid in 1867-68 includes $7,001, 151 premium on Treasury notes.
MONTHLY RANGE IN PRICES OF GOLD COIN OF THE U. S. FOR EIGHT YEARS.
1870.
1871.
1872.
1873.
1874.
1875.
1876.
1877.
111 ©109^
122 ®114%J113 ©111%
115%©112%
116%@115 *
113
113%@lll^ill7 ©114%
115 ©113%
105% ©104*
110%@109
113 ©111%
115 (,
112%® 110%
2% ©108%
112%©110
119%©106%
114%©109
H7^«
105^ ©104
104 ©102%
109 ©107
988 CONGEESSIONAL LAND GRANTS FOR RAILROADS.
CONGKESSIONAL LAND GKANTS FOE EAILKOADS, ETC.
In 1850 Congress established a precedent, in the case of the Illinois Central and
Mobile and Ohio Railroads, of granting to States, in aid of construction of railroads
upon specified routes, six alternate sections of public lands of 640 acres each (and
equalling 3,840 acres to the mile), to be taken by the odd numbers within six miles of
the line of the road proposed. In case such a number of sections of odd numbers of
public lands could not be found within six miles of such line (in consequence of the
previous sale or reservation of the same by the Government), then the grant was to be
enlarged so as to apply to the odd sections within fifteen miles of the line on either
side, so as to make up the full amount intended to be granted. Many of the grants
were subsequently further enlarged, so as to apply to sections of odd numbers within
twenty miles of the line. Upon the sections of public lands of even numbers within
the limits of the grant the price was raised from $1.25 to $2.50 per acre.
Although the grants were made to the several States, they were, in all cases, as
speedily as possible, transferred to railroad companies, chartered by them to construct
lines upon the general route specified in the Act of Congress, and usually without any
other conditions than those imposed in such Act, the most important of which related
to the time in which the roads should be built.
With regard to the Pacific lines of railroad and their connections, the concessions
were^made directly to the corporations interested.
During the fiscal year ending June 30, 1877, there were certified to different rail-
road companies, under the operations of the Land Grants Acts of Congress, 7(52,344.94
acres — a decrease, as compared with the previous year, of 239,443.40 acres, and of
2,345,308.20 acres as compared with the year ending June 30, 1875. There were re-
ported to the Commissioners of the General Laud Office, as constructed during year
ending June 30, 1877, 401.46 miles of land grant railroads, of which 168.59 miles
•were in California, 122.87 in Texas, and 110 in Wisconsin. Up to that date an aggre-
gate of 14,343.18 miles of railroad had been constructed under the land grant system,
distributed as follows :
States and Territories. Miles E. It.
Minnesota 1,745.00
Mississippi 406.00
703.00
832.00
460.00
227.00
342.87
255.00
106.00
503.00
Wyoming 400.00
States and Territories. Miles R. JR.
Alabama 782.00
Arkansas 555.00
California 1,034.59
Colorado 298.00
Dakota 196.00
Florida 247.01)
Illinois 705.72
Indian Country 155.00
Iowa 1 ,580.00
Kansas 1,654.00
Louisiana 152.00
Michigan 1 ,005.00
Total 14,343.18
The following shows the date at which the several grants were made, the com-
panies to which they have been conveyed, the number of acres called for by each grant,
and the number of acres certified to each company up to June 30, 1877.
Missouri
Nebraska . . ,
Nevada
Oregon
Texas
Utah
Washington
Wisconsin
Date of
Laws.
Statutes. ;
®
£
-
Name of Koad.
Mile
Limits.
Acres in
Grant.
Acres
Certified.
Sep. 20, 1850.
u u
9
9
466
466
ILLINOIS.
Illinois Central ....
6 and 15
6 and 15
i 2,595,053.00
2,595,053.00
Mobile and C hicago
CONGRESSIONAL LAND GRANTS FOR RAILROADS.
989
Date of
Laws.
Statutes.
£
Name of Road.
Mile
Limit.-.
Acres in
Grant.
Acres
Certified.
Sep. 20, 1850
Aug.ll, 1856
Sep. 20, 1850
May 17, 1856
June 3, 1856
May 23, 1872
June 3, 1856
44 it
« 41
Apr. 10, 1869
June 3, 1856
Mar. 3, 1857
" 1871
May 17, 1856
44 u
11 (I
t( ((
June 3, 1856
44 (4
July 14, 1870
Feb. 9, 1853
July 28, 1866
May 6, 1870
Feb. 9, 1853
July 28, 1866
Feb. 9, 1853
July 28, 1866
Apr. 10, 1869
Mar. 8, 1870
July 4, 1866
J'ne 10, 1852
44 44
Feb. 9, 1853
July 28, 1866
July 4, 1866
May 15, 1856
June 2, 1864
9
1
466
30
30
466
15
17
159
17
17
17
45
17
200
580
15
15
15
15
18
18
277
155
388
376
155
338
155
338
46
76
83
8
8
155
338
83
9
%
349
«
98
421
9
96
8
1
98
38
MISSISSIPPI.
Mobile and Ohio
6 and 15
6 and 19
6 and 15
6 and 15
6 and 15
6 and 15
6 and 15
6 and 15
6 and 15
6 and 15
6 and 15
6 and 15
6 and 15
6 and 15
6 and 15
6 and 15
6 and 15
Add'l 5
6 and 15
Add'l 5
6 and 15
Add'l 5
10 and 20
6 and 15
6 and 15
6 and 15
Add'l 5
10 and 20
6 and 15
20
6 and 15
20
6 and 15
20
6 and 15
*1, 004,640.00
404,800.00
t652,800.00
230,400.00
t419,520.00
481,920.00
t!32,480.00
t840,880.00
897,920.00
576,000.00
442,542.14
t!65,6<8.00
tl,568,729.87
tl83,153.99
610,880.00
$967,840.00
1,160,667.00
1,040,000.00
438,646.80
365,539.00
550,525.34
458,771.00
864,000.00
781,944.83
1,101,235.07
219,262.31
182,718.00
640,000.00
948,643.66
737,130.29
198,027.82
VicksburCT and Meridian
11
9
1
1
Gulf and Ship Island
ALABAMA.
Mobile and Ohio
419,528.44
394,522.99
457,407.37
67,784.96
504,145.86
552,199.10
433,600.80
281,984.17
165,688.00
1,275.212.93
37,583.29
353,211.70
719,193.75
1,115,408.41
202,161.08
127,238.51
14,606.19
550.520.18
366,196.26
Alabama and Florida
Srlma, Rome and Dalton 1
«f
Confirms lands heretofore certified )
11
1
Coosa and Tennessee
Mobile and Girard
1
Alabama and Chattanooga 1
16
11
11
16
11
11
11
11
11
11
16
10
14
16
10
14
10
14
16
16
14
10
10
1(1
14
14
11
13
14
11
13
17
11
13
11
11
18
i:
Renews certain grants of lands f
South and North Alabama j
Amends the sixth section of original Act >
Renews certain grants of land )
FLORIDA.
Florida Railroad
Florida and Alabama.
Pensacola and Georgia
Florida, Atlantic and Gulf Central
LOUISIANA.
North Louisiana and Texas
New Orleans, Opelousas and Great Western. 1
Declared forfeited all the lands not lawfully >
disposed of by the State )
ARKANSAS.
Cairo and Fulton J
Resolution extend'g the time for first 20 miles. \
Memphis and Little Rock
Little Rock and Fort Smith ]
Extending time for first 20 miles }-
Repeals provision in Act of April 10, 1869, as
to mode (if sales of land J
St. Louis and Iron Mountain . .... ....
MISSOURI.
Hannibal and St. Joseph
603,506.34
1,161,204.51
63,294.17
Pacific and Southwest Branch
Cairo and Fulton
St. Louis and Iron Mountain . .
IOWA.
Burlington and Missouri River )
292.170.80
96,646.55
482,094.36
161,212.81
782,069.83
£58,423.70
1,232,369.21
" V
Feb. 10, 1866
May 15, 1856
June 2, 1864
Resolution extends time )
1,261,181.60
Chicago, Rock Island and Pacific. . . . . J
" I
Jan. 31, 1873
May 1 5, 1856
June 2, 1864
May 15, 1856
June 2, 1864
Mar. 2, 1868
Quiets the title to certain lands )
1,298,739.00
'l,226, 163.05
Cedar Rapids and Missouri River
«t U 44
Iowa Falls and Sioux City. ... . . "}
Dubuque and Sioux City 1
Authorized to change line of rr»nd f
Extends time to January 1, 1872 J
* In the adjustment of this grant the road was treated as an entirety, and without reference to the
State Line , hence Alabama has approved to her more and Mississippi less land than they would appear
to be entitled to in proportion to the length of road line in the respective States.
t No evidence of the construction of any part of these roads, as required by the Acts, having been
filed in the General Land Office, the grants are presumed to have lapsed, but the lands have not been
restored to the mass of public lands : Congress has taken no action to that end.
% Eighty miles constructed road before the grant lapsed.
990
CONGRESSIONAL LAND GRANTS FOR RAILROADS.
Date of
Laws.
Statutes.
&
£
^ Name of Road.
Mile
Limits.
Acres in
Grant.
Acres
Certified.
May 12, 1864
ti t«
June 3, 1856
a 11
June 3, 1856
July 3, 1866
Mar. 2, 1867
Mar. 3, 1871
June 3, 1856
Feb. 17, 1865
July 3, 1866
Mar. 3, 1871
June 3, 1856
June 7, 1864
Mar. 3, 1865
June 3, 1856
Mar. 3, 1865
May 20, 1868
Apr. 20, 1871
Mar. 3, 1865
July 5, 1862
Mar. 3, 1865
May 23, 187*
June 3, 1856
May 5, 1864
Mar. 3, 1873
June 3, 1856
May 5, 1864
June 3, 1856
Apr. 25, 1862
Mar. 3, 1865
Mar. 3, 1869
May 5, 1864
J'ne21, 1866
Apr. 9, 1874
Mar. 3, 1857
" 1865
" 1873
" 1857
" 1865
July 12, 1862
Mar. 3, 1871
Mar. 3, 1873
J'ne 22, 1874
Mar. 3, Ib57
" 1865
" 1857
" 1865
July 13, 1866
Jan. 13, 1873
Mar. 3, 1857
May 12, 1864
July 13, 1866
13
13
i!
11
14
14
16
11
13
14
16
n
13
13
11
13
15
17
13
12
13
17
11
13
17
11
13
11
12
13
15
13
14
18
11
13
17
11
13
12
16
17
18
11
13
11
13
14
17
11
13
14
72
72
21
21
21
78
425
586
21
569
78
582
21
119
530
21
521
252
643
521
620
521
160
20
66
634
20
66
20
618
520
3U7
66
360
28
195
626
631
195
526
624
588
631
203
195
526
195
526
97
409
195
74
97
McGregor and Missouri River
10 and 20
10 and 20
6 and 15
6 and 15
6 and 15
6 and 15
6 and 15
6 and 20
6 and 15
20
200 see's
6 and 15
20
6 and 15
10 and 20
6 and 15
10 and 20
6 and 15
10 and 20
6 and 15
10 and 20
6 and 15
10 and 20
10 and 20
6 and 15
10 and 20
6 and 15
10 and 20
6 and 15
10 and 20
1,536,000.00
524,800.00
355,420.19
312.384.32
1,052,469.19
586,828.73
629,182.62
531,200.00
j- 552,515.24
128,000.00
j- 564,480.00
999,983.38
j 524,714.95
1 318,737.74
j 350,000.00
j 215,000.00
600,000.00
1,800,000.00
j- 1,248,638.95
j- 1,475,000.00
2,000,000.00
J 643,403.00
j- 1,410,000.00
!• 1,010,000.00
138,284.69
396,998.80
30,998.75
6,428,68
743,009.36
512,337.03
629,993.11
222,967.01
437,385.00
128,000,00
517,908.15
799,896.58
[ 524,718.15
j- 318,740.80
546,575.76
443,823.16
1,246,794.92
537,842.42
780,291.75
179,736.01
1,665,078.38
1,199,849.07
Sioux City and Saint Paul
MICHIGAN.
Detroit and Milwaukee
Jackson, Lansino" and Saginaw "1
Extends time 7 years, etc |
Extends time for first 20 miles . . . . [
Authorizing change of northern terminus. . . . I
Flint and Pere Marquette |
Resolution extends time for completion
Extends time for 5 years
Grand Rapids and Indiana
Grand Rapids and Indiana, from Fort Wayne, )
Ind., to Grand Rapids >
Extends time for 8 years . )
Marquette, Hough ton and Ontonagon "1
It tT ti
Resolution extending time f
Bay de Noqnet and Marquette
Chicago and Northwest em. . , . 1
It It (
Authorizes change of route )
WISCONSIN.
West Wisconsin, formerly the La Crosseand]
Milwaukee & Toinah & St. Croix Railroads !
West Wisconsin f
Quiets title of settlers on lands claimed by Co. J
Saint Croix and Lake Superior
it tt
Chicago and Northwestern "1
Resolution authorizing change of route
Extends time for completion 5 years }•
Authorizing selection of lands along the full
extent of original route of road, etc
Wisconsin Central, formerly the Portage, Win-5]
nebago and Superior. I
Resolution explanatory of Act of May 5, 1864. f
Extends the time to Dec. 31, 1876 j
MINNESOTA.
First Division St. Paul and Pacific 1
tt tt tt f
Extends time nine months )
Branch St. Paul and Pacific "1
Resolution authorizing the State to change the f
branch line under certain considerations. . . . j
St. Vincent extension of St. Paul and Pacific ; ]
south terminus changed from Crow Wing
to Saint Cloud \-
Act extending time nine months
Act extending time to March 3, 1876, etc j
Minnesota Central. . .
" f
Winona and Saint Peter "1
Allows selections within twenty miles in lieu I
of lands sold after location, but prior to f
withdrawal, etc
Extends time for completion j
Saint Paul and Sioux City. . , . >
" " I
Extends time seven years )
CONGRESSIONAL LAND GRANTS FOR RAILROADS.
991
Date of
Laws.
Statutes.
«J
£
—
Name of Koad.
Mile
Limits.
Acres in
Grant.
Acres
Certified.
May 5, 1864
July 13, 1866
July 4, 1866
it ti
Mar. 3, 1863
July 1, 1864
Apr. 19, 1871
Mar. 3, 18<>3
July 1, 1864
" 26,1866
Mar. 3, 1863
July 23, 1866
" 25, 1866
July 1,1862
" 2, 1864
" 3, 1866
" 26, 1866
Apr. 10, 1869
May 6, 1870
July 1, 1862
" 2, 1864
" 1, 1862
" 2, 1864
" 3, 1866
May 7, 1866
Mar. 3, 1869
n U
it it
J'ne20, 1874
July 1, 1862
" 2, 1»61
" 1, 1S62
Mar. 3, 1865
July 13, 1866
May 21, 1866
" 6, 1870
July 2, 1866
May 6, 1870
July 2, 1864
tt tt
May 7, 1866
July 1, 1868
Mar. 1, 1869
Apr. 10, 1869
May 31, 1870
July 15, 1870
" 13, 1866
Apr. 15, 1874
July 25, 1866
J'ne25, 1868
Apr. 10, 1869
13
14
14
14
12
13
17
12
13
14
12
14
14
12
13
14
14
16
16
12
13
12
13
14
14
15
15
15
18
12
13
12
13
14
14
16
13
16
13
13
14
15
15
16
16
16
14
18
14
15
16
64
93
87
87
772
339
5
772
339
289
772
210
236
4S9
365
79
367
56
121
489
356
489
356
79
355
324
348
324
111
489
356
489
504
79
356
121
364
118
363
365
355
255
346
57
378
305
M
29
239
80
47
Lake Superior and Mississippi )
10 and 20
10 and 20
10 and 20
10 and 20
10 and 20
10 and 20
10 and 20
10 and 20
10 ..
920,000.00
735,000.00
550,000.00
800,000.00
1,520,000.00
3,000,000.00
1,700,000.00
2,350,000.00
j- 12,000,000.00
j- 245,166.00
!• 6,000,000.00
1,000,400.00
1 8,000,000.00
J 1,000,100.00
j 2,441,600.00
60,000.00
47,000,000.00
*200,000.00
3,000,000.00
860,564.09
285,403.74
169,790.81
' 256,281.66
658,068.13
2,474,686.47
441,158.25
21,341.77
1,857,792.12
531,261.71
49,811.59
694,158.99
422,598.18
2,374,090.77
40,678.23
743,493.44
Authorized to make up deficiency of land with- >
in thirty miles J
Southern Minnesota
KANSAS.
Leavenworth, Lawrence and Galveston J
Authorizes change of route of branch line >
Authorizes to re-locate a portion of road )
Missouri, Kansas and Texas )
Extends grant from Emporia to near F. Riley >
Makes grant from F. Riley to S. boundary )
Atchison, Topeka and Santa Fe
Saint Joseph and Denver City
Missouri River, Fort Scott and Gulf
CORPORATIONS.
Union Pacific from Omaha to Ogden
Union Pacific
20
Authorizes location from Omaha westward
10...
Resolution granting right of way through mili-
tary reserve, etc
Resolution providing that the common terminus
shall be at or near Ogden, U. Ter., etc
Fixes point of junction of U. P. and C. P. Rail-
roads, etc
Central Branch Union Pacific
tt ..
20
Kansas Pacific, formerly Union Pacific Rail-"
road, Eastern Division
10
20
Kansas Pacific
Requires to designate route before Dec. 1, '66.
Resolution extending time
20
Extends Union Pacinc (E. Div.) to Denver City,
and authorizes transfer of lands between
Denver and Cheyenne to Denver Pacific Co.
Resolution changes name to Kansas Pacific. . . j
Denver Pacific |
Additional to Sec. 15 of Act July 2, 1874 j
10
Central Pacific 1
20 . ...
Central Pacific, successor by consolidation
with Western Pacific
10
20
Ratifies assignment made by Central Pacific
to Western of that portion from San Jose to
the City of Sacramento [
20 sees,
per mile.
10
States,20
30&40;
Territo-
ries, 40,
50&60.
10 and 20
20 and 30
Authorizes location of road eastward
Resolution extending time for first; twenty
miles of Western Pacific
Fixes point of junction of Central Pacific and
Union Pacific, etc J
Burlington and Missouri River in Nebraska. . . (
Authorizes change of route and connection-^
with the Union Pacific R.R. at Fort Kearney (
Sioux City and Pacific
Northern Pacinc "]
Rcsol ution extending time
Resolution extending time
Resolution authorizing issue of bonds, etc. . ..
Resolution authorizing branch line from Port- •
land to Puget Sound, etc
Resolution authorizing the issue of mortgage
bonds, etc
Requires Comp'y to pay cost of surveying, etc.. J
Placerville ana Sacramento Valley |
Declares grant forfeited f
539,900.28
( >regim Branch of the Central Pacinc j
Extends time for completion •. v
Amendatory of the original Act j
* Lands declared forfeited by Congress.
992
CONGRESSIONAL LAND GRANTS FOE KAILROADS.
Date of
Laws.
Statutes.
o>
I
Name of Eoad.
Mile
Limits.
Acres in
Grant.
Acres
Certified.
July 25, 1866
J'ne 25, 1868
Apr. 10, 1869
July 27, 1866
Apr. 20, 1871
July 27, 1866
Mar. 3, 1871
Mar. 2, 1867
Jun. 15, 1874
May 4,1870
Mar. 3, 1871
Jun. 22, 1874
Mar. 3, 1871
14
15
16
14
17
14
1C
14
18
16
16
18
1G
239
80
47
292
19
299
576
548
72
94
573
197
579
Oregon and California ~|
20 and 30
States, 20
and 30 ;
Territo-
ries, 40 &
50.
20 and 30
20 and 30
10 and 20
20 and 25
CaTaSOft
SO: Ter-
ritories,
40, 50.
20 and 30
3,500,000.00
1 42,000,000.00
6,000,000.00
3,520,000.00
*320,000.00
1,200,000.00
I 18,000,000.00
3,800,000.00
323,148.68
504,536.60
709,038.97
41,178.23
Extends time for completion I
Provides for sale of lands to actual settlers at
a fixed price and limited quantity ... .
Atlantic and Pacific f
Authorizes Company to mortgage road ......
Southern Pacific
Southern Pacific, from a point at or near Teha-
chapa Pass to the Texas Pacific Railroad at
or near Colorado River
Stockton and Copperopolis i
Declares the grant forfeited j
Texas Pacific (
Supplementary to the Act of March 3, 1871.. I
New Orleans, Baton Rouge and Vickeburg
* Lands declared forfeited hy Congress.
RECAPITULATION.
States.
Acres Granted.
Acres Certified.
2 595 053 00
2 595 053 00
2 062 240 00
935 158 11
3,579,120 00
2 829 545 86
2,360,114 00
1 760 468 39
1,578,720.00
1 072 405 45
4,878,149.14
2 376 130 63
2,985,160.21
1,828,005 02
6,795,527.31
3,940,270.75
4,712,480 29
3 228 987 09
4,808,436.07
2 672 803 56
9,992,041.95
6,925,351 19
9,370,000.00
3,851,536.28
55,717,041.97
159,486,766.00
34,015,715.33
8,831,687.79
Total
215,203,807.97
42,847,403.12
ST.A.TE DEBTS and LIA.BILITIK8.
ALABAMA. (Amount of Debt October 1, 1877, $9,705,678.)
The total indebtedness, direct and contingent, acknowledged to have been con-
tracted by the State, amounted to $30,037,563, on which the State made default in pay-
ment of interest. Commissioners were appointed to adjust and liquidate the indebt-
edness, consisting of the Governor and two other leading citizens, who recommended
the issuing of new bonds having 30 years to run, and bearing interest at 2 per cent,
until 1881, 3 per cent, for the next five years, 4 per cent, for the next ten years, and
5 per cent, for the remaining time ; and renewable at 5 per cent, for all such bonds as
the State chooses to recognize as valid on surrender of all outstanding bonds and all
coupons past due, including July 1, 1876.
" Under this adjustment or compromise," says the State Auditor, the "debt is
made up in the main by the old before-reconstruction funded debt, as the following
statement shows :
Old bonded debt $5,084,713.50
Debt incurred since 13th July, 1868 3,041,209.50
Debt incurred for railway companies 1,542,500.00
Patton certificates 37,255.00
Total $9,705,678.00
This is considered as embracing the entire State debt, and the act of February
23, 1876, does not provide for the recognition of any other claims against the State."
The sum of $37,255 above was contracted for current expenses. The following
table shows the date of issue, rate of interest, etc., of the present acknowledged
debt, October 1, 1877:
Date.
Purpose.
Amount.
Rate.
Annual
Charge.
January 1, 1874.
" " 1876.
July 1, 1876
U li
Floating Debt and Certificates.
$2.163,000 of the $5,229,000 A. and C. R. R. Indorsed Bonds.
$1,100,000 of the $1,157,000 R. R. " Substitution " Bonds.
$7,146,175 of the $8,073,000 " Straight State Bonds."
$1,000,000
412,000
514,000
6,058,000
8
2
5
2
$80,000
8,240
25,700
121,160
After July, 1881 , the interest on the bonds will be increased to 3 and 4 per cent.
The interest on the $1,000,000 certificates ceases July 1, 1884.
63
994
STATE DEBTS AND LIABILITIES.
ARKANSAS. (Amount of Debt October 1, 1876, $10,369,300.)
The debt of Arkansas is composed of its old (Bank) debts refunded, and bonds
issued to railroad companies, and for building levees. The old State debt, with ac-
crued interest, amounted to about $4,400,000. Of this amount $2,850,000 have been
retired by an issue, to an equal amount, of new bonds. The balance of the old debt
is held chiefly by the United States.
In the adoption of the new constitution provision was made for aiding, by an issue
of bonds, in the construction of the railroads.
The length of line to be aided was restricted to 800 miles. The amount of bonds
to be issued for this purpose was restricted to $10,000,01 0.
The total amount issued for Railroads was $5,350,000 00
" " Levees 3,005,846 05
" " " Internal Improvements 3,350,000 00
A subsequent State Government repudiated this debt, though duly authorized by
the Legislature of the State, on the ground that it was created by " alien adven-
turers." The reports are made biennially.
The details of the debt are as follows :
Date of
Is.-llc.
When
Payable.
Rate of
Interest.
Amount.
1837
30 years.
5 and 6
$204,000
1838
6
574,000
Funding Bonds 1869 and 1870
1869 and 1870
6
2,965,000
M andL R R R Bonds .
1869
7
1,200,000
M O and R R R R Bonds
1870
7
600000
L R P B and N. O. R. R. Bonds
1870
7
1,200,000
L R and Ft S. R. R. Bonds
1870
7
1,000,000
Arkansas Central Ry. Bonds
1870
7
1,350,000
Act May 29, 1874, Bonds
1874
10
10
270,300
Funding Bonds of 1875
1875
30
6
1,006,000
Interest is due on State Bank bonds since 1838 : Heal Estate Bank bonds, different
dates from 1838 to 1861 ; funding bonds of '69 and '70, since July 1, 1872 ; M. and L.
B. R. R., since April 1,1872; M., O. and R. R. R. R., since April and October, 1872;
L. R., P. B. and N. O. R. R., since April and October, 1872; Arkansas Central Ry.,
since April, 1872 ; bonds of 1874, part since July 1, 1874, and part since July, 1875 ;
and funding bonds of 1875, since July 1, 1875.
The Memphis and Little Rock, and Little Rock and Fort Smith Railroads, are the
only roads receiving State aid which have been completed.
CALIFORNIA. (Amount of Debt July 1, 1877, $3,411,000.)
The debt of California was created chiefly for domestic purposes, to defray ex-
penses incident to the foundation of a new State. The State also pays the interest
at 6 per cent, on bonds to the amount of $1,500,000, issued by the Central Pacific R.
R. Co.
STATE DEBTS AND LIABILITIES.
Statement of debt in detail :
995
Authority
for Issues.
Character of Issues.
Rate
p. c.
Principal Payable.
Where.
Amount
Out-
standing.
Act of 1857.
Civil Bonds, dated July 1, 1857
7
July 1, 1877.
New York.
$13,000
Act of 1860
" «« dated July 1, 1860
7
" 1, 1880.
1,500
Act of 1863.
Act of 1870.
« u
Relief Fund B'ds, dated July 1, 1863..
State Capitol B'ds, dated Jan. 1, 1871.
" dated Jan. 1, 1872.
Funded Debt of 1873 . .
7
7
7
6
" 1, 1883-1885.
Jan. 1, 1891.
" 1, 1892.
c
1
«
(
95,500
250,000
250,000
2,801 000
Principal and interest payable in coin. Interest payable January and July.
The bonded debt has been absorbed gradually by the School and University
Funds. The amount of bonds held in trust for the School Fund, July 1, 1877, was
$1,860,400 ; and for the University Fund, $811,500— a total of $2,671,900.
In addition to these amounts, the Treasury held in cash $1,408,117.43.
The reports of the State officials are made biennially.
COLOKADO.
This State has created no debt, and its constitution prohibits it from contracting
any debt, by loan, in any form, " except to provide for casual deficiencies of revenue,
erect public buildings for the use of the State, suppress insurrection," etc.
CONNECTICUT. (Amount of Debt April 1, 1878, $4,967,600.)
The public debt of Connecticut was contracted for war purposes. The original
amount contracted was $10,000,000.
STATEMENT OF DEBT IN DETAIL.
Character of Issues.
Authorizing
Acts.
Date of
Issues.
I
K
Interest
Payable.
Principal
Payable.
Amount
Issued.
Out-
standing.
Loan (20 years)
Dec 24 1862
Jan 1 1863
c,
Jan and Jul y
Jan 1 1883
$2 000000
$877000
" (20 years)
Jan 15 1864
" 15 1864
6
" 15 1884
2 000 000
1 318 500
" (20 y. tax free)..
" (20 years)
July 14 & 21/65.
May 1, 1877.
Oct. 1, 1865!
May 1, 1S77.
6
Apr. and Oct.
May and Nov
July 1, 1885!
May 1, 1897
2,000,000
1,741,100
1 031,000
The entire debt is redeemable at the pleasure of the State.
Any of the State bonds are interchangeable at pleasure of holders into coupon or
registered bonds, without cost for transfer.
996 STATE DEBTS AND LIABILITIES.
DELAWAKE. (Amount of Debt December 12, 1876, $1,201,000.)
STATEMENT IN DETAIL.
Authority
for Issues.
Purposes for which Issued.
Rate
p. c.
When
Payable.
Where
Payable.
Amount
Outstand'g.
State War Debt
6
$795000
Bonds in aid of Junction and Breakwater R. R.
6
230,000
" " FrankfortandBreakwaterR.il.
6
176,000
This State has investments which are paying 6 per cent, interest, and other
assets, to the amount of $1,195,799, leaving the net indebtedness of the State at
$5,201.
FLOBIDA. (Amount of Debt December 31, 1874, $5,433,767.58.)
STATEMENT OF DEBT IN DETAIL.
Bonds of 1871 (7 per cent.) $350,000 00
Bonds issued previously to 1871, with interest added 812,522 50
Due School and Seminary Funds, Interest paid to July, 1872 26'2,045 08
Bonds of 1873 300,000 00
" Exchange for other Bonds and Warrants 209,20000
Total $1,433,767 58
Less Sinking Fund 38,90000
Net Indebtedness 1,394,867 58
Railroad Bonds, $4,000,000.
Bonds issued to the Jacksonville, Pensacola and Mobile Railroad Co., in exchange for the 1st
Mortgage Bonds of said company, under Act of January 28, 1870 4,000,000 00
No later report has been received in regard to the debt of Florida.
GEOKGIA. (Amount of Debt January 1, 1878, $10,644,500.)
STATEMENT OF DEBT IN DETAIL.
Date of Issue.
When Due.
Amounts,
Principal.
Annual
Interest.
Description of
Bonds.
1858 and 1873 «.
1878
$200 000
$14 000
Currency
1859 and 1873
1879
300 000
20 000
1860 and 1873
1880
300 000
20 000
1861 and 1873
1881
200,000
14000
1873
1882
100 000
8 000
1873
1883
100 000
8 000
1873
1884
100 000
8 000
1873
1885
100,000
8,000
1866 and 1873
1886
4,000,000
278,000
1870
1890
2,097,000
146,860
Gold.
1872
1892
307 500
21 525
Currency.
1876
1896
542,000
37,940
1877
1897
2,298,000
137,880
Total Public Debt (not yet due)
$10,644,500
STATE DEBTS AND LIABILITIES.
997
In addition to the above are railroad bonds indorsed by the State and admitted
by the Bond Committee of the Legislature of 1871 and 1872 as legal and binding on
the State. All but one of the companies having failed to meet their engagements on
said bonds, their roads have been seized by the Governor. These bonds are as
follows :
Macon and Brunswick R. R. (bought by State) $1,950,000 00*
North and South R. R. (seized by Governor) 240,000 00
Memphis Branch R. R. ... 34,00000
South Georgia and Florida R. R. (paying its interest) indorsed by State, 1871 464,000 00
^L _.<_ ^ ^
$2,688,000 00
There have also been issued by the State, or indorsed for various railroads, bonds
to the amount of $10,035,000, which have been repudiated on various pretexts. The
Legislature also, by Act of February 27, 1875, declared invalid the indorsement of
bonds of the Alabama and Chattanooga R. R., amounting to $194,000.
* Six hundred thousand additional, alleged as issued by Governor Bullock without authority, dis-
owned by decision of the Committee.
ILLINOIS. (Amount of Debt October 1, 1876, $1,480,600.27.)
STATEMENT OF DEBT IN DETAIL.
Date of Issue.
Purpose of Issue.
Rate,
p. c.
Principal
Payable.
Where
Payable.
Amount
Out-
standing.
1874
Interest Stock . ....
g
Jan 1 1878
$913 164 27
July 1, 1859
Refunded Stock Bonds
6
Jan! 1, 187?!
i
35 000 00
July 1, 1859
it u it
6
Jan 1 1878
13 £•*
259 000 00
July 1, 1859
Nornr-il University Coupon Bonds. . .
6
Jan. 1, 1880
S^S
23 000 00
Mar. 1, 1861
Thornton Loan Bonds
6
Jan. 1, 1880.
•g&J*
86000 00
July 1, 1861
War Loan Bonds, 1,000s
6
Jan. 1, 1880.
S§*
51 000 00
July 1, 1861
" " " 500s
6
Jan. 1, 1880.
111
55 000 00
July 1, 1861
100s.. . .
6
Jan. 1, 1880.
1*
36 300 00
Various Bonds called in not surrend'd
A
22 136 00
Interest is paid on general and war bonds in January and July. The interest on
the Thornton bonds is paid April and October, and on the Chicago and Relief bonds in
May and November — all at the American Exchange Bank in New York City.
The State of Illinois receives from the Illinois Central R. R. Co., in consideration
of the land grant conveyed thereto, and in lieu of all other taxes, 7 per cent, of their
gross earnings from operations. This charter tax, so called, amounted in 1862 to
$230,000; in 1863 to $300,395; in 1664 to $405,514; in 1865 to $496,490 ; in 1866 to
$427,076 ; in 1867 to $445,008 ; in 1868 to $428,397 ; in 1869 to $464,923 ; in 1870 to
$464,584; in 1871 to $463,512 ; in 1872 to $685,265; in 1873 to $478,524 ; in 1874 to
$394,366.46 ; in 1875 to $375,766.03 ; in 1876 to $356,005.58 ; in 1877 to $316,351.94—
total in fifteen years, $6,732,178.01.
STATE DEBTS AND LIABILITIES.
INDIANA. (Amount of Debt October 31, 1877, $5,002,538.34.)
The debt of Indiana has been reduced to a nominal amount, as far as the public
are concerned, the outstanding issues having been taken up and held by the State as
a school fund. The balance will be paid on presentation. In the adjustment of the
old debt in 1847-8 the creditors took the Wabash and Erie Canal for one-half of their
debt. This work has proved almost wholly unproductive, so that this portion of the
old debt remains virtually unpaid, though discharged by the consent of the holders.
STATEMENT OP DEBT IN DETAIL.
Authority for
Issues.
Character of Issues.
Rate
p. c.
Principal
Payable.
Where
Payable.
Amount
Out-
standing.
Act of 1845.
" 1845.
" 1863.
" 1873.
" 1873.
" 1873.
, " 1867.
Foreign Debt, $1,097,755.12.
State Stock (funding)
5
2*
6
7
8
7
July 1, 1866.
tt u
May 1, 1881.
Apr. 15, 1876.
Dec. 1, 1876.
Apr. 1, 1878.
New York.
U
((
M
$16,469 99
3,285 13
139,000 00
.510,000 00
200,000 00
200,000 00
23,000 00
6,000 00
3,904,783 22
War Loan Bonds
Temporary Loan
(i <t
Past Due ...
Held by U. S
July 1, 1886.
Domestic Debt, $3,904,7*3.22.
School Fund Bonds (not negotiable)
6
Not re-
deemable.
Interest on State stocks and war bonds is payable January and July.
IOWA. (Amount of Debt November 1, 1877, $543,056.15.)
STATEMENT OF DEBT IN DETAIL.
Character of Securities.
d
1
Interest
Payable.
Principal
Payable.
Where
Payable.
Amount
Outstand-
ing.
War and Defense Fund Bonds (Laws of 1861, c. 16)
Domestic Debt, $243,056.15.
Bond No. 1 to Permanent School Fund
7
8
8
8
Jan. & July
Jan. & July
tl it
It It
July 1, 1881.
Irred'm'ble.
«
u
New York.
Des Moines.
u tt
U (I
$300,000 00
122,295 75
112,202 26
8,558 14
Bond No. 2 to " "
Bond No. 3 to " " " .
The reports of Iowa are made biennially.
STATE DEBTS AND LIABILITIES.
999
KANSAS. (Amount of Debt November 30, 1876, $1,235,975.)
STATEMENT OP DEBT IN DETAIL.
Authority foi
Issues.
Character of Issues.
Rate
p. c.
Principal
Payable.
Where
Payable.
Amount
Outstand-
ing.
Act
of 1861.
1863.
1863.
1864. ,
1864.
1864.
1866.
1866.
1866.
1867.
1867.
1867.
1868.
1868.
1868.
1868.
1869.
1869.
1869.
1874.
1875.
Bond
B for Current Expenses
7
7
6
6
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
7
July
0
M
1, 1876.
1878.
1883.
1884.
1884.
1884.
1886.
1896.
1886.
1897.
1897.
1887.
1898.
1898.
1888.
1898.
1889.
1889.
1899.
ct., 1894.
ar., 1895.
New'
i
Top
New
fork.
<
eka.
York.
$200
54,000
61,600
39,675
100,000
50,000
60,000
70,000
40,000
100,000
100,000
15,500
150,000
50,000
30,000
20,000
87,000
70,000
89.000
12,500
36,500
Territorial Debt
Refunded Taxes
Military Purposes..
Penitentiary
M
Public Works
Penitentiary
Capitol
Deaf and Dumb Asylum
Military Purposes
Capitol
Military Purposes
Relief Fund
Indian Invasion
New York interest is payable January 1 and July 1. Topeka interest is payable
annually, July 2. The reports are made biennially.
Of the foregoing amount $610,925 are owned by the permanent school fund ;
$119,475 by the Sinking Fund ; $9,800 by the State University. The balance, $495,-
775, is held by individuals and corporations.
KENTUCKY. (Amount of Debt Oct. 10, 1876, $2,159,517.)
STATEMENT OF DEBT IN DETAIL.
Authority for
Issues.
Purpose of Issues.
Rate.
Principal
Payable.
Where
Payable.
Amount.
Act March 8, 1843.
Act Feb. 18, 1864.
Various
John Telford, Agent to sell
5
6
6
Sept. 2, 1883.
1879-1894.
1871-1876.
New York.
u u
11 ((
(I it
$66,000
174,000
286,000
5,394
Military Bonds (15 or 30 years'*
Total Negotia
Various
ble Debt
$531,394
1,628,123
Bonds to Board of Education. |
NotNegotiable
Total Indebte<
%
Iness
$2,159,517
v
The school bonds draw interest at the rate of 5 and 6 per cent., for the payment
of which an annual appropriation is made. No later report received.
The sinking funds had, at date, cash and available resources to meet the nego-
tiable debt, amounting to $2,283,494. Kentucky may, therefore, be said to be out of
debt, except to its own school funds, with a large surplus on hand.
1000
STATE DEBTS AND LIABILITIES.
LOUISIANA. (Amount of Debt January 1, 1875, $21,872,320.)
The funded debt of Louisiana has been contracted chiefly for Internal Improve-
ments, for building Levees, etc. Besides the regular debt the State is liable for bonds
issued to the Consolidated Bank ($541,600) and to the Citizens' Bank ($4,297,333)—
total, $4,838,933, at 5 per cent., all held in London, and interest paid by said banks.
The State has recently made default in the payment of the interest on its bonds.
Authority for
Issues.
Purpose of Issues.
o>
1
Interest
Payable.
Principal
Payable.
Amount
of
Issues.
Act Feb. 27, 1832.
Grounds for Charity Hospital
5
Mar. & Sept.
Mar. 20, 1872
$3,000
Act 227 1853
Relief State Treasury
6
Jan & July.
July 18, 1893
750,000
Aid of Mexican Gulf R R. Co. (1840) . ..
fi
May & Nov.
1870
3,000
Aid of N. O. and Nashville R. R. Co.(1837)
6
April & Oct.
April 1, 1807
441,000
Stock in N.O.,J'n& Gt.N.R.R.Co.(1853-58)
6
Various.
'93-'98
884,000
"in NO Opel.&Gt.W. R.R.Co.^1853-61)
6
4
'93-'98
650,000
" in V Wg,S1vep't&Tex.R.R.Co.(1854-66)
6
1
194-'0l
2»8,000
" in B.R G.R.Tete & Opl.R.R.Co.(1854-61)
6
(
'94-'06
160,000
Act 35, 1865. . .
Building Levees
8
1
1886
1,000,000
Act 115 1867
11 41
6
May & Nov.
1907
4,000,000
Act 15 1866
Past Due Coupons ($1 000)
6
Jan. & July.
'86-'88
448,000
Act 15, 1866.. .
" «' " ($500)
6
14 1 44
'86- '88
457,000
Act 15, 1866
" " " ($100)
6
(1 1 (1
'86-'88
73,800
Act 182, 1857. .
Act 182, 1857. .
Free School Fund (held by Treasurer)
Seminary Fund (held by Treasurer)
6
fi
11 4 41
41 1 44
1897
1896
527,000
136,000
Act 116, 1869. .
Act 55, 1869 . .
Interest Miss. & Mex. Gulf Ship Canal Co.
7.3
7
Mar. & Sept.
1899
1899
380,000
500,000
Act 108, 1869
Interest N. La. and Texas R. R. Co
8
April & Oct.
J898
1,122,000
Act 32, 1870
8
Mar. & Sept.
1898
2,960,000
Act 105, 1870
Relief of P. J. Kennedy
8
Jan. <fe July.
1875
134,000
Act 69 (ex.), 1870
Funding Floating Debt
fl
May & Nov.
1890
2,950,000
Act 146, 1869. .
Bceuf and Crocodile Nav. Co
8
Jan. & July.
1910
80,000
Act 31, 1870. . .
Act 95, 1871.. .
Act 5, 1866 . . .
Aid of N. O., Mobile and Chatta. R. R. Co.
Stock in N. O., Mobile and Chatta. R. R. Co.
Redemption of Certificates
8
8
6
41 11 It
II 44 44
(4 41 44
1890
1910
1911
7? 0,000
2,5(0,000
250,000
Act 26, 1869. . .
Aid of N. O., M. andT. R. R. Co
1906
750,000
The annual interest on this debt amounts to $1,525,328.
No later report has been received from Louisiana.
MAINE. (Amount of Debt December 31, 1877, $5,874,800.)
STATEMENT OF DEBT IN DETAIL.
Date of
Authority for
Issues.
Character of Issues.
«
0,
Principal Payable.
Amount
Out-
standing.
Feb. 5, 1861.
Jan. 31,1863.
Mar. 26, 1863
Mar. 19,1864.
Mar. 7, 1868.
Aroostook War Loan (renewal)
6
6
8
6
6
Mar. 1, 1878.
Mar. 1, 1883.
Aug. 15, 1880.
June 1, 1889.
Oct. 1, 1889.
Boston.
$25,000
385,000
307,000
2,380,000
2,826,000
War Loan (Family and Bounty)
War Loan (Bounty)
Boston
Boston
War Loan (Family and Bounty)
War Loan (Municipal Equalization) . .
Boston
Boston or Augusta..
The bonds issued under the laws of 1863-4 and 1868 are currency bonds ; all
others, under resolution of March 23, 1870, to be paid, principal and interest, in coin.
STATE DEBTS AND LIABILITIES.
1001
The law of March 7, 1868, provided for a special sinking fund for the payment
of the municipal equalization bonds issued under that Act. On January 1, 1878, this
fund held $911,436.04, invested in State and United States Bonds.
In addition to the above, the State is liable for trust funds amounting to $1 ,695,806.62.
MAKYLAND. (Amount of Debt Sept. 30, 1877, $10,758,677.69.)
The debt of Maryland has been created chiefly to aid in the construction of rail-
roads and canals. A large portion of its original investments, particularly those
made in the Chesapeake and Ohio Canal, proved unproductive, and at one time cre-
ated great embarrassment in the finances of the State. These were satisfactorily and
honorably adjusted, and the credit of the State has since stood deservedly high.
STATEMENT OP DEBT IN DETAIL.
Character of
Loans.
Authority for
Issues.
For what Purpose Loans
were Issued.
Interest.
Loans
Due.
Amount of
Loans.
Rate.
Payable.
Sterl
i
Curr
Com
din-
ing Lo
(
ency
'erted
ency
in.
Ch
ap.3P6, 1838
386, 1838
386, 1838
104, 1827
41, 1847
395, 1838
323, 1839
302, 1837
275, 1870
20. 1839
12, 1889
235, 1868
422, 1870
236, 1872
366, 1872
42, 1874
263, 1876
Bait, and Ohio Railroad
rheua. and Ohio Canal
5
5
5
5
5
5
5
3
6
6
6
6
6
6
6
6
6
J.,
Ja
A., J. and
n. and Ju
0.
y.
1889
1889
1865
1880
1890
1890
1890
1890
1885
1890
1890
1883
1885
1887
1887
1889
1891
$2,010,000 00
2,502,555 58
193,000 00
24.000 00
105,005 76
26,609 74
31,069*38
269,000 00
528,355 00
298,435 42
62.605 05
3,226,750 66
100,000 00
330,000 00
691,291 10
125,000 00
135,000 00
Susq. ami Tide-water Canal..
(Bait, and Ohio Railroad.. "I
j Chesa. and Ohio Canal i
} Susq. & Tide-water Canal f
[Bnlt. and Susq. Railroad..]
Eastern Shore Railroads
Bait and Susq. Railroad
Chesa. and Ohio Canal
Bait, and Susq. Railroad
Annapolis and Elkridge R. R.
Maryland Defence (Bounty).. .
Deaf and Dumb Asylum
Maryland Hospital Loan
" State "
Deaf and Dumb Asylum
Maryland Hospital Loan
The debt was reduced during the year $308,777.77.
The Baltimore and Ohio Railroad Company pay interest and are liable for the
principal of the sterling and converted bonds issued in aid of their railroad.
As an offset to this debt the State holds the following bonds and stocks, on which
the interest and dividends are promptly paid, to wit :
Stock of the Baltimore and Ohio Railroad $968,615 70
in the Washington Branch of the B. and O. Railroad 550,000 00
Bohemia Bridge Co 15,876 99
Baltimore and Fredericktown Turnpike Co 11,000 00
Baltimore and York town " 2,500 00
in the Farmers' National Bank of Annapolis 46,470 00
in the Chesapeake and Delaware Canal Co 81,250 00
Bonds of the Northern Central Railway (mortgage) 1,500,000 00
' of the Columbia and Port Deposit Railroad 60,000 00
' of the Susquehanna and Tide-water Canal (mortgage) 1,000,000 00
' to Credit of Sinking Fund 125,89584
Cash held by the Sinking Fund 746 56
Total Productive Stocks and Stocks in Sinking Fund $4,362,355 09
Net Debt, after deducting Productive Stocks, etc $6,396,322 60
1002
STATE DEBTS AND LIABILITIES.
MASSACHUSETTS. (Amount of Debt Dec. 31, 1877, $33,220,464.)
STATEMENT OF DEBT IN DETAIL.
Character of Issues.
Rate
p. c.
Principal Payable.
Amount
Outstanding.
1. Railroad Loans, $17,738,996.
Troy and Greenfield R. R. 1 £22,500 at $4.84
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
October 1, 1888
" 1889
" 1890
April 1, 1888
1891
" 1891
" 1893
October 1, 1894
1895
" 1895
" 1897
April 1, 1890
January 1, 1900
May 1, 1880
1894
1896
1897
1894
1896
1895
1896
1895
July 1, 1878
" 1883
" 1883
May 1, 1894
" 181)4
Sept'ber 1, 1889
London .
44
44
44
44
Boston
4t
44
London
Boston
44
44
London.
Boston
London
Boston
44
44
London
44
$108,900 00
2,142,184 00
303,468 00
2,952,400 00
3.598,540 00
216,500 00
1,150,000 00
300,000 00
1,497,980 00
1,300,000 00
370,000 00
200,000 00
3,599,024 00
220,000 00
900,000 00
450,001) 00
150,000 00
400,000 00
300,000 00
750,000 00
350,000 00
1,292,280 00
200,000 00
888,000 00
200,000 00
4,379,500 00
4,COO,744 00
999,944 00
and Hoosac Tunnel ....) 443,500 at 4.84
62,700 at 4.84
708 500 at 484
300,000 at 4.84
(dollar)
( ' )..
( ' ) .
( • ) : ::::
( ' >
! * ).:::.........
Southern Vermont Railroad.— £809,500 at $4.84
Boston, Hartford, and Erie R. R.— £743,600 at $4.84.
2. State Debt Proper, $4,812,280.
Tilling Back Bay (1862-3) Loan
Danvers Lunatic Hospital
it n u
Harbor Improvement (New) . .
44 41 44
Worcester Lunatic Asylum (New)...
44 14 44 44
State Prisons Loan
3. War Expenditures Debt, $10,668,188.
Union Fund Loan of 1862
Coast Defense Loan of 1863
Bounty Loan of 1863
" 1864
" 1864, £826,600 at $4.84
War Loan (5-20) currency
SINKING FTTNDS.— Amount in the several Funds, December 31, 1877.
1. Railroad Debt.
T.&G.R.R.(Timnel). $3,293,954 21
B., H. and Erie R. R. 1,027,879 51
Total Skg. Fund... $4,321, 833 72
Total Debt 17,738,996 00
Net Debt .$13,417,162 28
2. State Debt.
Back Bay 220,130 00 Bounty
Comm's Public Lands. 75,802 31
Prison and Hospital... 491,91071
Total Skg. Fund.... $787,843 02
Total Debt 4,812,280 00
Net Debt $4,024,336
3. War DtU.
Loan.. ..$3,930,18097
Union Loan 203, 597 10
Coast Defense 642,235 40
War Loan 1,000,00000
Total Skg. Fund... $5,776,013 47
Total Debt 10,668,188 00
Net Debt $4,892,174.53
Interest is payable semi -annually. In addition to the amounts given above in
detail, are $1,000 due in 1862, not yet presented for payment. The aggregate funded
debt is $33,220,464, and aggregate sinking funds, $10,885,690.21— leaving funded
debt to be provided for, $22,334,773.79. The school funds amount to $2,562,504.34.
All the debts, principal and interest, except the war (5-20) loan, are payable in
coin. Since the suspension of specie payments, the State has paid as' premium for
gold on principal and interest on the public debt, $3,686,449.40.
STATE DEBTS AND LIABILITIES.
1003
MICHIGAN. (Amount of Debt September 30, 1877, $1,391,149.97.)
STATEMENT OF DEBT IN DETAIL.
Character of Issues.
Date of
Issue.
p.c.
Interest
Payable.
Principal
Payable.
Place of
Payment.
Amount
Out-
standing.
Interest Bearing Debt, $1,376,000.
Sault St. Marie Canal Bonds..
July 1, 1859.
fi
Jan. & July.
July 1,1879.
New York.
$46,000 00
" 1, 1858
ft
U 41
" 1 1878.
it
101,000 00
Two Million Loan Bonds . . ,
" 1, 1863.
6
u u
" 1, 1878.
M
243,000 00
H 11
" 1, 1863.
6
(( u
" 1, 1883.
II
629,000 00
War Bounty Loan Bonds
May 1, 1865.
7
May & Nov.
May 1, 1890.
U
357,000 00
Not-Int. Bearing Debt, $15,149.97.
Adjusted Bonds
1863.
Past Due.
Treasury.
3,000 00
B'ds ($21.000) adjustable atf578,57.
1863.
u
12,149 97
The sinking fund and other cash assets for payment of the debt amounted to
$826,294.53, leaving the net debt $564,855.44.
MINNESOTA. (Amount of Debt November 30, 1877, $385,000.)
STATEMENT OF DEBT IN DETAIL.
Date of Issues.
Character of Issues.
p.c.
Interest
Payable.
Principal
Payable.
Where
Payable.
Amount
Out-
standing.
July 1, 1868. . . .
State Buildings Loan.
7
Jan. and July.
July 1, 1878.
St. Paul.
$100,000
July 1, 1869
u .1 ' «
7
.1 <<
July 1, 1879.
50,000
1873
II <( <(
7
tt It
July 1, 1883.
<<
235,000
All the above are held by the permanent School Fund, the total securities of
which are $1,356,000.
This State, in 1858, contracted a debt to the amount of $2,275,000, to aid in the
construction of railroads. The railroads that were intended to fee aided, and which
agreed to pay the interest on these bonds, broke down. The State, claiming that its
indorsement was a conditional one, intending only to secure to the railroads the pro-
ceeds of certain lands, failed to pay the interest on the bonds. By two separate votes
of the people, it has virtually repudiated them.
MISSISSIPPI.
This State, in 1838, created a debt to the amount of $7,000,000 for the establish-
ment of banks. The State soon ceased to pay interest on these bonds, and has long
since wholly repudiated them.
1004
STATE DEBTS AND LIABILITIES.
MISSOURI. (Amount of Debt January 1, 1877, $17,248,000.)
The debt of Missouri was contracted chiefly to aid the construction of railroads
undertaken by private companies. The debt due on account of the Hannibal and St.
Joseph R. R. ($3,000,000) is not included herein.
STATEMENT OF DEBT IN DETAIL.
Date of Bonds.
Character of Bonds.
Rate
p. c.
Principal Payable.
Amount
Outstand-
ing.
1853-1863...
1868
State Debt Proper
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
1882-1888
1888
1874-1888
1877-1879
1879-1890
1874-1889
1887-1889
1877-1878
1892
1892
New York.
$439,000
2,7*7,000
1,945,000
392,000
504,000
1,528,000
2,971,000
784,000
200,000
.201,000
900,000
104,000
1,000,000
3,512,000
41,000
State Bonds (Consolidation)
1854-1858
1857-1859 .
Cairo and Fulton " " "
1859-1860.. ..
Platte County " " "
1854-1859..
St. L. and Iron Mountain R. R. Loan Bonds. .
Pacific Railroad Loan Bonds
1857-1859
1856-1866
Southwest Branch R. R. Loan Bonds
1872
Lunatic Asylum
1872
University
1874 .
School Fund
1894
1894-1895
1895-1896
1895
1874-1875
State Bonds (Funding) ...
1875-1876
Renewal Funding
1875
Penitentiary Indemnity
Interest payable in New York January 1 and July 1.
The reports of this State are made biennially.
NEBRASKA.
This State issued bonds to the amount of $50,000 in 1875, for the relief of citizens
of counties devastated by grasshoppers. Neither date nor rate of interest are given
in the Treasurer's report.
NEVADA. (Amount of Debt December 31, 1876, $436,500.)
STATEMENT OF DEBT IN DETAIL.
Authority for
Issues.
Purpose for which Issued.
Rate
p. c.
When
Payable.
Where
Payable.
Amount
Outstanding.
Act Feb., 1871..
Act Feb., 1871..
Gold Bonds to pay Floating Debt
Gold Bonds, to take up Bonds of 1867.
10
9X
April 1, 1881.
March 1, 1887.
Treasury.
M
$56,500
380,000
Interest is payable in March and September, and April and October.
STATE DEBTS AND LIABILITIES. 1005
NEW HAMPSHIEE. (Amount of Debt June 1, 1877, $3,519,100.)
The debt of this State was contracted wholly for war purposes.
Of the total debt $1,313,000 is State debt proper, and the remainder, $2,206,100,
is municipal war loan, due 1892 to 1905.
STATEMENT OF DEBT PROPER IN DETAIL.
Authority for
Issues.
Character of Issues.
Rate
p.c.
Principal
Payable.
Where.
Amount
Out-
standing.
Act June 13, 1861.
War Loan Bonds, dated July 1, 1861.
6
July 1, 1869.
Concord.
$3,000
" " "
6
" 1877.
100,000
ii u
it « it
6
" 1878.
110,000
Act July 16, 1864
War Loan Bonds, dated July 1, 1864.
6
Sept.l, 1884.
450,000
6
" 1889.
150,000
Act July?, 1866..
War Loan Bonds, dated Oct. 1, 1873.
6
July 1, 1879.
250,000
6
" 1880.
250,000
Interest paid in January and July, March and September, and April and October.
NEW JEESEY. (Amount of Debt November 1, 1877, $2,296,300.)
The debt of New Jersey was contracted wholly for war purposes. A sinking
fund was provided under the Act of the Legislature of the State, passed March 25,
1864, free from taxation, estimated to produce $300,000 annually.
STATEMENT OF DEBT IN DETAIL.
Authority for
Issues.
Character of Issues.
Rate
p.c.
Principal
Payable.
Where.
Amount
Out-
standing.
Act May 10, 1861
War Bonds (exempt from taxes) . ...
6
1877-1884.
Trenton.
$600,000
Act Mar. 24, 1863 .
6
1886-1896.
1,002,900
Act Apr. 14, 1864..
i« 14
6
1897-1902.
<i
593,400
The sinking fund amounts to $1,371,911.09.
The bonds are payable in January, $100,000 each year, except for the years 1892,
1893, 1895, 1896, 1897, 1898, 1899, 1902, in which years the amounts are $62,600,
$96,300, $77,000, $67,000, $199,400, $200,000, $123,000, and $71,000 respectively.
Interest on all the above bonds is paid semi-annually, January and July.
NEW YOKK. (Amount of Debt Sept. 30, 1877, $10,957,054.87.)
The public debt of the State of New York is classed under the heads of the
General Fund Debt, chargeable upon the General Fund Debt Sinking Fund ; and
the Canal Debt, chargeable, under the constitution, upon the revenues of the State
Canals.
1006
STATE DEBTS AND LIABILITIES.
STATEMENT OF DEBT IN DETAIL.
Character of Issues.
Authority for Issues.
1
K
Interest
Payable.
Principal
Matures.
Where
Payable.
Amount
Outstand-
ing.
Gen. F'd Debt, $926,694.87.
State Stock. Deflc. Loan....
Indian Annuities ($7,361. 67.
Laws of 1848, c. 216. . .
r Treaties . . ,
6
6
J.,A.,J.&O.
u ik
July 1, 1878.
Permanent.
New York
u
$800,000 00
122,694 87
Stock not paying Interest. . .
)
4,000 00
Canal Debt. $9,900,360
Various
5<v6
Various.
Various.
New York
9,900,360 00
Of the bounty loan, $130,000 had not been presented for payment at close of year.
There were in the sinking funds at that date, to redeem bonds of the general
funds, $849,047.31; canal, $1,270,343.71 ; and bounty, $161,611.39; deducting which
would leave as net debt, $8,707,663.85.
NORTH CAROLINA. (Am't of Debt Sept. 30, 1876, $41,788,710.45.)
This State, which once possessed excellent credit, has wholly destroyed it by
reckless and improvident legislation, by which a vast debt has been incurred without
securing the construction of roads for which it was created. The bonds issued were
in numerous cases delivered to railroad companies almost before the commencement
of work, were forced upon the market at ruinously low figures, and their proceeds
squandered in one way or another. No later statement is given.
CLASSIFICATION OF DEBT.
Total.
1st..
Old or Ante-war Debt
$8 372 900
2d..
Bonds Issued since War under old Acts
1 781 000
3d
1 356 000
4th.
Bonds Issued for Funding since War
4,120 100
5th.
Bonds, etc., Issued for other Purposes
1,610,045
6th.
Special Tax Bonds
11,366,000
Total
$28 606 045
NOTE.— Not including bonds to the Chatham Railroad, $2,000,000, declared by the Supreme Court
to be unconstitutional, and of which $1,500,000 have been returned.
Besides the bonds above stated, there is outstanding interest due and unpaid to the amount of
$13,182,665.45, making the total debt $41,788,710.45.
OHIO. (Amount of Debt November 15, 1877, $6,479,505.30.)
The public debt of Ohio was contracted almost entirely in aid of Internal Improve-
ments, chiefly canals. The amount of the debt has for many years past been steadily
reduced by the proceeds of taxation. The canals, for the construction of which the
debt was contracted, have ceased to yield revenue, in consequence of the construction
STATE DEBTS AND LIABILITIES.
1007
of railroads. The irreducible debt of the State, constituted of School and Trust
Funds, amounted at date to $4,231,404.53.
STATEMENT OF DEBT IN DETAIL.
Authority
for Issues.
Character of Issues.
Rate
p. c.
Principal Payable.
Where.
Amount
Outstand-
ing.
Act of 1861
Foreign Debt, $6,477,840.30.
Union Loan of 1861.
July 1, 1868
New York.
$2,500 00
" 1850..
Loan of 1850 (Redemption)
After Dec. 31, 1875....
it
2,700 00
" 1859
" 1860 "
6
" June 30, 1881 ....
M
4,072,640 30
" 1856..
" 1866 "
6
" Dec. 31, 1866....
II
2,400,000 00
" 1849..
Domestic Debt, $1,665.
Stock of 1849
Present
Columbus.
1,665 00
The sinking fund at date amounted to $666,525.95.
Interest is payable semi-annually, January and July, at the American Exchange
Bank in the City of New York.
OKEGON. (Amount of Debt September 11, 1876, $318,252.40.)
STATEMENT OF DEBT IN DETAIL.
Authority for
Issues.
Character of Issues.
Rate
p. c.
Principal
Payable.
Where
Payable.
Amount
Out-
standing.
Act Oct. 24, 1864. .
Bounty Bonds
7
Jan 1, 1884
Salem
$26 500 00
Act Oct. 24, 1864. .
Relief Bonds
7
Jan. 1, 1874...
it
761 10
Act Oct. 24, 1870. .
Willamette Canal and Lock Bonds
Modoc War Bonds
7
Jan. 1, 1890....
u
160,000 00
130 991 30
Interest January and July.
PENNSYLVANIA. (Amount of Debt Dec. 1, 1877, $22,943,814.31.)
The debt of this State was contracted chiefly for the construction of an elaborate
system of canals. These works proved unproductive, and for a time involved the
State in much financial embarrassment.
1008
STATE DEBTS AND LIABILITIES.
STATEMENT OF DEBT IN DETAIL.
Nature of Issues.
Date of
Authoriza-
tion.
Rate.
Interest
Payable.
Principal
Payable.
Amount
Outstanding.
Inclined Plane Loan
April 10, 1849
" 2. 1852
" 2, 1852
April 19, 1853
Feb. 2, 1867
" 2, 1867
Var.
April 3, 1872
March 20, 1877
6
5
4*
5
6
6
Var.
6
5
Apr. and Oct.
Jan. and July.
(i tt
Feb. and Aug.
it tl
<l 11
Var.
Apr. and Oct.
Apr. 10, 1879
July 1, 1882
" 1, 1882
Aug. 1, 1878
1877-1882
1882-1892
1841-1870
1922
1892-1902
$400,000 00
395,000 00
87.000 00
273,000 00
2,472,200 00
9,1195,800 00
706,931 58
5(10,000 00
8,000,000 00
113,882 73
Loan of April, 1852. j ^ &n(j ^ '
Loan of April, 1853
Loan of Feb., 1867 -j
Loans (various) Overdue . ...
Loans of 1872, Agricultural College
Loan of 1877..
Outstanding Certificates, etc
Total Amount of Debt Outstanding. December 1,
1877..
$22.943,814 31
The loans are registered or coupons as desired.
As a sinking fund, the State holds stocks and bonds of various kinds to the
amount of $9,591,427.93, leaving net debt, $13,352,386.38.
SOUTH CAKOLINA. (Amount of Debt Oct. 31, 1877, $7,000,841.98.)
STATEMENT OF DEBT IN DETAIL.
Character of Issues.
0)
i
Interest
Payable.
Principal
Payable.
Place of
Payment.
Amount of
Issues.
State Stocks, $743,790.11.
State Stock of 1794
3
Jan and July.
At Pleasure.
State Treasury.
$17,411 08
Fire Loan Stock (June 1, 1838)
6
J., A., J. &O.
July 1, 1870.
151,780 65
New St'e House St'k (Dec. 20, 1856).
6
Jan. and July.
January 1, 1877.
52,618 SO
(Dec. 21, 1857).
6
" 1, 1888.
18,163 57
(Dec. 21, 1858).
6
July 1, 1883-85.
143,460 00
(Dec. 22, 1859).
6
1887-89.
57,884 67
(Jan. 22, 1861).
6
1882-86.
16,405 00
(Feb. 6, 1863).
6
1890.
10 00
Funding St'ks (Sept. & Dec., 1866).
6
1887.
32,833 04
" (March 23, 1869)
6
1888.
20,000 00
Reduction of Debt, Dec. 22, 1873. . .
6
1893.
241,290 44
Slate Bonds, $6,346,594.51.
Fire Loan Bonds (October, 1838). . . .
6
Jan. and July.
July 1, 1868
State Treasury.
481,944 51
New State House Bonds (1853)
6
1871-81.
'
191,000 00
Blue Ridge Railroad Bonds (1854) . . .
Funding Bonds (August 26, 1868).. .
6
6
tt tt
ii <t
1875-79.
1887-97.
i
460,000 00
205,600 00
" " (Sept. & Dec., 1S66).
6
Apr. and Oct.
1888.
Siate Treasury.
70,000 00
" " (Aug. 26, 1868) '.
6
tt t.
1888.
and N. Y. Agency.
140,000 00
" " (Sept. 15, 1868)
6
Jan. and July.
1888.
r
215,a50 00
" " (Feb. 17, 1869)
7
n it
1888.
7,000 00
Conversion Bonds (March 23, 1869).
6
i< ti
1888.
411,200 00
Land Com. (March 27, 1869)
6
ii ii
1888.
10,000 00
" (March 1, 1870)
fi
Apr. and Oct.
1889.
3,000 00
Reduction of Debt (Dec. 22, 1873)..
6
Jan. and July.
1893.
4,155,000 00
1st Mortgage Railroad Bonds, En-
dorsed by the State, $4,875,808.20.
South Carolina
6
1868.
2,093,312 40
Northeastern
(5
Mar. 1, 1869.
92,000 00
Charleston and Savannah
fi
" 1877.
582,200 00
Savannah & Charleston (Act of '69) .
6
" 1889.
245,750 00
Laurens
fi
" 1879.
75,000 00
Spartanburg and Union
6
" 1878-79.
350,000 00
Greenv'e & Columbia ('61, '66, & '69)
6
'81, '82,'83,& '88.
1,436,545 80
STATE DEBTS AND LIABILITIES.
1009
There have been issued of State bonds, in addition to the above amount, $5,965,000,
which have been declared null and void. The interest on the bonds has not been
paid since July, 1876, and then only in part. A legislative investigation is taking
place.
BHODE ISLAND. (Amount of Debt April 30, 1876, $2,558,500.)
STATEMENT OF DEBT IN DETAIL.
Authority for
Interest.
Principal
Where
Amount
Issues.
Payable.
Payable.
p. c.
Payable.
Act Aug., 1861.
War Bonds of 18(51.. .
6
April and Oct.
Oct. 1, 1881.
Providence.
$500
Act Aug., 1862.
18«2.. .
6
Mar. and Sep.
Sept.. 1, 1882.
"
989,000
Act Jan., 1863.
" " 1863.. .
6
April and Oct.
April 1, 3883.
«(
200,000
Act June, 1863
1863..
6
J;in. and July.
July 1, 1893.
M
631,000
Act May, 1864.
" 1864.. .
6
Feb. and Aug.
Aug. 1, 1894.
((
738,000
The sinking fund contains $185,684.83. The above is the latest received.
TENNESSEE. (Amount of Debt December 31, 1877, $23,212,606.)
The debt of Tennessee has been contracted chiefly in aid of the construction of
Railroads, the State issuing its own bonds directly to railroad companies constructing
these works, taking a mortgage on the several lines, and an agreement from the com-
panies to pay the interest accruing on the bonds issued.
The debt was, in 1872, as high as $30,952,156— but was reduced to its present
amount by the various railroad companies paying back the advances made to them,
by the State, or by the sale of defaulting railroads.
In 1872, the State made default in the payment of interest on its bonds, but sub-
sequently paid the past due interest, as well as that to include January, 1875, since
which time no payment of interest has been made. A special session of the Legis-
lature was called in December, 1877, to arrange for the settlement of the past due
interest, according to the proposition made by the holders of a large number of bonds,
by the issue of new bonds at the rate of 60 per cent, of the total amount due, includ-
ing interest : the new bonds to bear 6 per cent, interest, and be payable in 30 years.
After a long discussion, the Legislature rejected every proposition looking to a pay-
ment of the debt. The rate of taxation in the State is 10 cents on $100 valuation.
The outstanding bonds mature as follows :
In 1875 $49,000
' 1876 26,000
' 1877 80,000
' 1879 59,000
' 1880 49,000
' 1881 57,000
64
In 1886 $104,000
1890 344,000
1892 9,599,000
1898 5,998,000
1900 1,570,000
1914 6,617,000
1010
STATE DEBTS AND LIABILITIES.
The State lias, as assets, amounts due from solvent R. R. Cos., $3,187,870; and
from delinquent R. R. Cos., $270,275— a total of $3,458,145. It is also liable on
indorsed bonds to the amount of $1,347,000.
TEXAS. (Amount of Debt August 31, 1876, $3,442,110.12.)
The debt of this State has, so far, been contracted almost entirely for domestic
purposes. It is authorized to create a debt for railroad purposes, not to exceed, how-
ever, $10,000,000 in amount. No later report received.
STATEMENT OF THE PUBLIC DEBT, AUGUST 31, 1876.
Character of Issues.
When Due.
Rate
Interest
When Payable.
Bonds
Outstanding.
For Funding State Debt, Act Nov. 19. 1866
Jan. 1, 1877.
Pr. Ct.
6
Semi-Annually.
$125,000 00
For Funding State Debt, Act May 2, 1871
Frontier Defense Bonds, Act August 5, 1871
Fundin^ State Warrants, Act May 30, 1873
20 years.
40 years.
10 years.
6
7
10
Semi-Annually.
Mar. 1, Sept. 1.
Jan. and July.
75,000 00
584,000 00
27300 00
Funding State Warrants, Act May 2, 1874
Jan., 1884.
10
U 11
68,700 00
Revenue Deficiency Act, December 2, 1871
20 years.
7
It ((
4,000 00
Payment of Floating Debt, Ace March 4, 1874.. .
Pension Bonds Act of April 21, 1874
30 years.
20 years.
7
10
(. 41
«( <t
1,000,000 00
802,389 00
Doubtful Bonds-
Issued to University Fnnd, Act, Nov. 12, 1866. .
Issued to "Common School Fund," Act Nov.
12 1866
12 years.
12 years.
5
5
Jan. and July.
Jan. and July.
134,472 26
82,168 82
Issued to " Common School Fund,11 Act Nov.
1*5 1864
6
320 367 13
Interest on Bonds of Doubtful Validity
272,643 41
Total Debt
$3,442,110 12
YEEMONT. (Amount of Debt August 1, 1876, $135,500.)
STATEMENT OF DEBT IN DETAIL.
Date of Issues.
Character of Issues.
Rate
p. c.
Principal Payable.
Amount
Out-
standing.
June 1, 1866
War Loan Bonds ....
6
December 1 1876
$100 000
" 1868
" " " Coupons. ...
6
" ' 1878*
35 500
Interest is payable June 1 and December 1 — coupons in Boston and registered in
Montpelier. Reports made biennially.
STATE DEBTS AND LIABILITIES. 1011
VIRGINIA. (Amount of Debt September 30, 1874, $47,542,610.97.)
Included in the above amount are $15,239,370.74 claimed to be due by West Vir-
ginia, $517,505 outstanding coupons, and $1,828,724.48 deferred interest — in all,
$17,585,600.22, leaving as the debt recognized by Virginia the sum of $29,957,010.75.
The debt of Virginia was created almost entirely in aid of the construction of
Railroads and Canals. From the cost of the construction and maintenance of these
works, and the small amounts of their earnings, nearly all its investments proved
unproductive. In December, 1862, the western portion of the State was erected into
the State of WEST VIRGINIA, which has not acknowledged any portion of this debt,
although its constitution provided for an equitable adjustment of the same.
The following is a statement of the Funded Debt as it was on the 30th of Sep-
tember, 1874, no later statement being furnished :
Funded.
Act of March 30, 1871, Coupon Bonde.$17,281,100 00
Registered Bonds 2,882,900 00
Fractional Certificates 75,015 80
Act of March 30, 1871, as amended by
the Act of March 7, 1872 :
In Coupon Bonds, Payable to Bearer. . 1,432,000 00
In Registered Bond* 1,012,90000
In Fractional Certificates 18,184 04
Sterling Debt Funded 212,008 47
Unfunded.
Acts prior to the 17th of April, 1861. . .$8,185,253 86
SterlingDebt 77,39980
Sterling Debt not required to be funded 2,331,250 00
$10,593,903 66
Deduct one- third for West Virginia. . . 3,531,301 22
$7,062,602 00
Add Funded Debt ... 22,894,408 31
$22,894,408 31 Aggregate $29,957,010 75
Add non-interest bearing Certificates for deferred interest of one-third for West Virginia. . $1,828,724 48
Amount claimed to be due by West Virginia 15,239,370 74
Total Debt, September 30, 1874 $47,542,610 97
WEST YIKGINIA.
This State has as yet incurred no debt. It is proposed, however, that one-third of
the debt of Virginia, as it stood before the separation of the two States, shall be as-
sumed by West Virginia ; and it is probable that some adjustment will eventually be
consummated. The amount which Virginia claims should be paid is $17,585,600.22.
WISCONSIN.
This State has no public debt, the whole amount having been absorbed in the
School Fund and other Trust Funds, the total amount of which, September 30,
1877, was $2,252.057.
ilAILKOAD COMPANIES MEEGED IN OTHER
LINES.
List of the former names of Companies whose title has been changed or whose
lines have been acquired by others ; with the name of the company by which they
have been acquired, or to which reference is now to be made.
NAMES OF THE FORMER COMPANIES.
NAMES op THE EXISTING COMPANIES TO
WHICH KEFERENCE SHOULD BE MADE.
Addison County "Vermont. . . Addison (Central Vermont).
Agricultural Branch Massachusetts. . .Boston, Clint'n, Fitchb'g & N. Bedf'd.
Akron Branch Ohio. . .Cleveland, Mt. Vernon & Delaware.
Alabama and Chattanooga. A la. & Mississippi.. .Alabama Great Southern.
Alabama and Florida Alabama. . .Mobile and Montgomery.
Alabama and Mississippi Rivers. ... " . .Alabama Central.
Alabama and Tennessee Rivers " . . Selma, Rome and Dalton.
Albany Northern New York.. .Rensselaer and Saratoga.
Albany and Schenectady " . . New York Central and Hudson River.
Albany, Vermont and Canada " . .Rensselaer and Saratoga.
Albany and West Stockbridge " . .Boston and Albany.
Allegheny Portage Pennsylvania. . . Pennsylvania.
Alexandria, London & Hampshire.. • Virginia. . .Washington and Ohio.
Allegan and Holland Michigan. . .Michigan Lake Shore.
Alton and St. Louis Illinois. . . Chicago and Alton.
Alton and Sangamon " . . Chicago and Alton.
American Central " . .Chicago, Burlington and Quincy.
Amherst and Belchertown Massachusetts.. .New London Northern.
Amherst, Belchertown & Palmer " . .New London Northern.
Androscoggin Maine. . . Maine Central.
.Androscoggin and Kennebec " . .Maine Central.
Appleton and New London Wisconsin.. .Milwaukee, Lake Shore and West'rn.
.Arkansas Midland .Arkansas. . .Arkansas Central.
Ash tabula and New Lisbon Ohio. . .Cleveland and Mahoning Valley.
Atchison and Pike's Peak Kansas. . .Union Pacific, Central Branch.
Atchison and Topeka " . . Atchison, Topeka and Santa Fe.
Athol and Ewfield Massachusetts. . .Springfield, Athol and Northwestern.
Atlanta and La Grange Georgia. . .Atlanta and West Point.
Atlanta &Rich'd Air-Line. Ga., 8. Car. &N. Car.. .Atlanta and Charlotte Air-Line.
Atlantic and Pacific Illinois.. .Chicago and Pacific.
Atlantic and Pacific. ..Missouri & Indian Ter. . .St. Louis and San Francisco.
Attica and Buffalo New York. . .New York Central and Hudson River.
Auburn and Rochester " . . New York Central and Hudson River.
Auburn and Syracuse " . .New York Central and Hudson River.
Aurora Extension Illinois. . .Chicago, Burlington and Quincy.
B
Baltimore and Philadelphia Maryland. . .Philadelphia and Baltimore Central.
Baltimore and Port Deposit " . . Philadelphia, Wilming'n & Baltimore.
RAILROAD COMPANIES MERGED IN OTHER LINES.
1013
NAMES or THE FORMER COMPANIES.
NAMES OF THE EXISTING COMPANIES TO
WHICH REFEKENCE SHOULD BE MADE.
Baltimore and Susquehanna Maryland. .Northern Central.
Baltimore and Washington . .Baltimore and Ohio (Wash. Br.).
Baltimore, Carroll and Frederick.. " . .Western Maryland.
Baltimore, Philadelphia & New York Pa.. .Wilmington and Northern.
Baraboo Valley Air-Line Wisconsin. . .Chicago and Northwestern.
Bay City and East Saginaw Michigan. . .Flint and Pere Marquette.
Bay de Noquet and Marquette . .Marquette, Houghtou & Ontonagon.
Beaver Meadow Pennsylvania.. . Lehigh Valley.
Bellefontaine Ohio & Indiana. . .Cleveland, Coliim. , Cin. & Indianap.
Bellefontaine and Indiana Indiana. . .Cleveland, Col urn., Cin. & Indianap.
Belleville and Illiuoistown Illinois. . . St. Louis, Alton and Terre Haute.
Beloit and Madison Wisconsin.. .Chicago and Northwestern.
Belpre and Cincinnati Ohio. . .Marietta and Cincinnati.
Black River and Utica New York. . . Utica and Black River.
Bloomington and Ohio River Illinois. . .Chicago and Paducah.
Blossburg and Corning New York. . .Corning, Cowanesque and Antrim.
Blue Ridge Virginia. . .Chesapeake and Ohio.
Boston and New York Central. .Massachusetts. . .New York and New England.
Boston and Worcester " . .Boston and Albany.
Boston, Clinton and Fitchburg.. " . .Boston, Clint'n, Fitchb'g & N. Bedfd.
Boston, Hartford and Erie Mass. & Conn. . .New York and New England.
Brooklyn Central and Jamaica New York. . .Long Island.
Brownville, Ft. Kearney & Pacific... Nebraska. . .Nebraska.
Brunswick and Florida Georgia. . .Brunswick and Albany.
Buckneld Branch Maine. . .Rumford Falls and Buckfield.
Buffalo and Allegheny Valley. . . .New York. . .Buffalo, New York and Philadelphia.
Buffalo and Erie. ..New York & Pennsylvania.. .Lake Shore and Michigan Southern.
Buffalo and Jamestown New York.. .Buffalo and Southwestern.
Buffalo and Lockport " . .New York Central & Hudson River.
Buffalo and Mississippi Indiana. . .Lake Shore and Michigan Southern.
Buffalo and New York City New York.. .Buffalo, New York and Erie.
Buffalo and Niagara Falls . .New York Central and Hudson River.
Buffalo and Pittsburg . .Buffalo, Bradford and Pittsburg.
Buffalo and Rochester . .New York Central & Hudson River.
Buffalo and State Line . .Lake Shore and Michigan Southern.
Buffalo and Washington . .Buffalo, New York and Philadelphia.
Buffalo Bayou, Brazos and Colorado. . ..Texas.. .Galveston, Harrisburg and San Ant.
Buffalo, Corning and New York . . . New York. . . New York, Lake Erie and Western.
Burke County Georgia. . . Augusta and Savannah.
Burlington and Missouri River Iowa.. .Chicago, Burlington andQuincy.
Burlington, Cedar Rapids & Minnesota.. " . .Burlington, Cedar Rapids & Northern.
O
Cairo and Fulton. . . .Arkansas and Missouri. . .St. Louis, Iron Mountain & Southern.
Cairo, Arkansas and Texas Missouri. . .St. Louis, Iron Mountain & Southern.
Calais and Baring Maine. . . St. Croix and Penobscot.
California and Oregon California. . . Central Pacific.
Camden and Amboy .New Jersey.. . United Companies of New Jersey.
Camdeu and Woodbury " . .West Jersey.
Cameron and Kansas City Missouri.. .Hannibal and St. Joseph.
Cape Cod Massachusetts. . . Old Colony.
Cape Cod Central " . . Old Colony.
Cape May and Millville New Jersey.. .West Jersey.
Carroll County Ohio. . .Ohio and Toledo.
Carrollton and Oneida. . . .* " . .Ohio and Toledo.
Carthage and Burlington Illinois. . .Chicago, Burlington and Quincy.
1011
RAILROAD COMPANIES MERGED IN OTHER LINES.
NAMES OF THE FORMER COMPANIES.
NAMES OF THE EXISTING COMPANIES TO
WHICH REFERENCE SHOULD BE MADE.
Catawissa, William sport & ~&v\e. Pennsylvania. . .Catawissa.
Cayuga Neio York. . .Cayuga Southern.
Cayuga Lake . . Cayuga Southern.
Cazenovia and Canastota . .Cazenovia, Canastota & De Ruyter Ry.
Cazenovia and De Ruyter " . .Cazenovia, Canastota & De RuyterRy.
Cedar Rapids and Burlington Iowa.. .Burlington, Cedar Rapids & North'n.
Cedar Rapids and St. Paul " . .Burlington, Cedar Rapids & North'n.
Central of Long Island New York. . .Flushing, North Shore & Cen. (L. I.)
Central Military Tract Illinois. . . Chicago, Burlington and Quincy.
Central Southern Tennessee. . .Nashville and Decatur.
Charleston and Hamburg South Carolina. . .South Carolina.
Charleston & Savannah. S, Carolina & Georgia.. .Savannah and Charleston.
Charlotte & S. Carolina. . . JV. Carolina & S.. C. . .Charlotte, Columbia and Augusta.
Chartiers Valley Pennsylvania. . . Chartiers.
Chatham North Carolina.. .Raleigh and Augusta Air-Line.
Cherry Run Pennsylvania.. . Allegheny Valley.
Chester and Tamaroa Illinois. . . Wabash, Chester and Western.
Chicago and Aurora " . .Chicago, Burlington and Quincy.
Chicago and Cincinnati Indiana. . .Columbus, Chicago & Indiana Cent'].
Chicago and Great Eastern.. Illinois & Indiana. . .Columbus, Chicago & Indiana Cent'l.
Chicago and Illinois Southern Illinois.. .Decatur, Mattoon and Southern.
Chicago and Milwaukee. .Illinois & Wisconsin. . .Chicago and Northwestern.
Chicago & Milwaukee Ry " . .Chicago and Northwestern.
Chicago and Mississippi Illinois.. .Chicago and Alton.
Chicago and Plain field " . .Chicago, Pekin and Southwestern.
Chicago and Rock Island " . .Chicago, Rock Island and Pacific.
Chicago and Rock River " . .Chicago, Burlington and Quincy.
Chicago and Southwestern. ..loica & Missouri.. .Iowa Southern & Missouri Northern.
Chicago, Blue Island & Indiana Illinois.. .Chicago and Northeastern.
Chicago, Clinton and Dubuque Iowa. . .Chicago, Clinton, Dubuque & Minn.
Chicago, Danville & Vincennes. Illinois & Ind.. .Chicago and Eastern Illinois.
Chicago, Dubuque & Minnesota. .loica & Min. . .Chicago, Clinton, Dubuque & Minn.
Chicago, Plainfieldand Pekin Illinois.. .Chicago, Peki i and Southwestern.
Chicago, St. Paul & Fond du Lac. ..111. & Wis.. .Chicago and Northwestern.
Chillicothe and Brunswick Missouri.. .Brunswick and Chillicothe.
Cincinnati and Chicago Air Line Indiana. . .Columbus, Chicago & Indiana Cent'].
Cincinnati and Martinsville " . .Fairland, Franklin and Martinsville.
Cincinnati and Southwestern " . .Cincinnati, Rockport& Southwestern.
Cincinnati and Zanesville Ohio.. .Cincinnati and Muskingum Valley.
Cincinnati, Batavia and Williamsburg. . . " . .Cincinnati and Eastern.
Cincinnati, Dayton and Eastern " . .Cincinnati, Sandusky & Cleveland.
Cincinnati, Lex. & E. Tennessee. . . Kentucky. . .Cincinnati Southern.
Cincinnati, Logansport and Chicago. Indiana.. .Columbus, Chicago & Indiana Cent'l.
Cincinnati, Peru and Chicago " . .Chicago, Cincinnati and Louisville.
Cincinnati, Huron and Fort Wayne. . . " . .Cincinnati, Richmond & Fort Wayne.
Cincinnati, Wilmington and Zanesville.. Ohio. . .Cincinnati and Muskingum Valley.
City Point Virginia. . . Atlantic, Mississippi and Ohio.
Cleveland and Chattanooga Tennessee. . .East Tennessee, Virginia and Georgia.
Cleveland and Mahoning Ohio. . .Cleveland and Mahoning Valley.
Cleveland and Toledo " . .Lake Shore and Michigan Southern.
Cleveland, Columbus and Cincinnati " . .Cleve., Colum., Cin. & Indianapolis.
Cleveland, Painesville and Ashtabula. . . " . . Lake Shore and Michigan Southern.
Cleveland, Zanesville and Cincinnati .... " . .Pittsburg, Mt. Vernon and Delaware.
Clover Hill Virginia. . . Bright Hope.
Cocheco New Hampshire. .Dover and Winnipiseogee.
Colorado and New Mexico Colorado. . .Pueblo and Arkansas Valley.
Columbia (State Road) Pennsylvania. . .Pennsylvania.
RAILROAD COMPANIES MERGED IN OTHER LINES.
1015
NAMES OF THE FORMER COMPANIES.
NAMES OP THE EXISTING COMPANIES TO
WHICH REFERENCE SHOULD BE MADE.
Columbia and Augusta South Carolina. . .Charlotte, Columbia and Augusta.
Columbus and Indianapolis , Ohio. . . Columbus, Chicago & Indiana Central.
Columbus & Indianapolis Central ...Ohio & Ind. . . Columbus, Chicago and Ind. Central.
Columbus and Lake Erie Ohio. . . Sandusky, Mansfield and Newark.
Columbus and Shelby ville Indiana. . . Jeffersonville, Mad. & Indianapolis.
Columbus, Piqua and Indiana Ohio. . .Columbus, Chicago and Ind. Central.
Columbus, Tiffin and Ohio " . .Northwestern Ohio.
Connersville and New Castle Junction. . >Ind. . .Ft. Wayne, Muncie and Cincinnati.
Contoocook River New Hampshire.. .Concord and Claremont.
Contoocook Valley " . .Concord and Claremont.
Corning and Blossburg New York. . .Corning, Cowanesque and Antrim.
Council Bluffs and St. Joseph Iowa. . .Kans. City, St. Jos. & Council Bluffs.
Covington and Lexington Kentucky. . .Kentucky Central.
Covington and Ohio. .. Virginia & W. Virginia.. .Chesapeake and Ohio.
Cowanesque Valley Pennsylvania. . .Corning, Cowanesque and Antrim.
Cranberry " . .Oil City and Ridgeway.
D
Danvers Massachusetts. . . Boston and Maine.
Danvers and Georgetown . . Newburyport.
Danville, Urbana, Bloomington & Pekin. ..111. . .Indianapolis, Bloomington & West'n.
Dauphin and Susquehanna Pennsylvania.. .Philadelphia and Reading.
Davenport and St. Paul Jowa. . .Davenport and Northwestern.
Dayton and Cincinnati Ohio. . .Cincinnati Railway Tunnel.
Dayton and Western % " .. Little Miami.
Dayton, Xenia and Belpre " . .Little Miami.
Decatur and East St. Louis Illinois. . . Wabash.
Decatur and Indianapolis " . .Indianapolis, Decatur & Springfield.
Decatur, Sullivan and Mattoon " . .Decatur, Mattoon and Southern.
Delaware and Cobb's Gap Pennsylvania. . .Delaware, Lacka wanna and Western.
Delaware and Western (E. Exst'n) " . .Delaware, Lacka wanna and Western.
Delaware, Lehigh, Schuylkill & Sus. " .. Lehigh Valley.
r^c. iv/r~- 17 n T i Des Moines and Fort Dodge.
Des Moines Valley Iowa. \ . .^ , , -, T^ ^f .
( Keokuk and Des Moines.
Des Moines and Minnesota Iowa. . .Des Moines and Minneapolis.
Des Moines, Indianola and Missouri. ... " . .Iowa Southern & Missouri Northern.
Des Moines, Winterset & Southwestern.. " . .Iowa Southern & Missouri Northern.
Detroit and Ho well Michigan. . . Detroit, Lansing and Northern.
Detroit and Pontiac " . . Detroit and Milwaukee.
Detroit and St. Joseph " . .Michigan Central.
Detroit and State Line " . .Toledo, Canada Southern & Detroit.
Detroit, Eel River and Illinois Illinois. . .Eel River.
Detroit, Hillsdale and Indiana Michigan.. .Detroit, Hillsdale and Southwestern.
Detroit, Howell and Lansing " . .Detroit, Lansing and Northern.
Detroit, Lansing and Lake Michigan. " . .Detroit, Lansing and Northern.
Dixon and Quincy Illinois. . .Chicago, Burlington and Quincy.
Dixon, Peoria and Hannibal " . .Chicago, Burlington and Quincy.
Dixon, Rockford and Kenosha " . .Chicago and Northwestern.
Dixon, Rockford and State Line " . .Chicago and Northwestern.
Dubuque and McGregor Iowa. . .Chicago, Clinton, Dubuque & Minn.
Dubuque and Minnesota , . . " . .Chicago, Clinton, Dubuque & Minn.
Dubuque and Pacific. . «L Dubuque and Sioux City
( Iowa Falls and Sioux City.
Dubuque Western " . .Dubuque Southwestern.
Dubuque, Bellevue and Mississippi " . .Chicago, Clinton, Dubuque & Minn.
Dubuque, Marion and Western " . .Dubuque Southwestern.
Dunkirk, Warren and Pittsburg. JV. T. & Pa. . .Dunkirk, Allegheny Valley & Pitts'g.
Dutchess and Columbia New York. . . Newburg, Dutchess and Connecticut.
1016
RAILROAD COMPANIES MERGED IN OTHER LINES.
NAMES OF THE FORMER COMPANIES.
NAMES OF THE EXISTING COMPANIES TO
WHICH REFERENCE SHOULD BE MADE.
East Thompson Connecticut.
East Tennessee and Georgia. ...Tenn. and Ga.
East Tennessee and Virginia Tennessee.
Eaton and Hamilton Ohio.
Edgefield and Kentucky Kentucky. \
Elgin and State Line .Illinois.
Elizabeth and Somerville New Jersey.
Elizabethtown and Paducah Kentucky.
Elyria and Black River Ohio.
Erie New York and Penna.
Erie and Kalamazoo Ohio and Michigan.
Erie and New York City . . New York & Penna.
Erie and Northeast Pennsylvania.
Essex Massachusetts.
Essex County Vermont.
Evansville and Crawfordsville Indiana.
Evansville and Illinois "
Evausville and Southern Illinois. ... "
Evansville, Carmi and Paducah
Evansville, Henderson & NsishviMe.. Kentucky. .
Evansville, Oweusboro' & Nashville. "
.New York and New England.
.East Tennessee, Virginia & Georgia.
.East Tennessee, Virginia & Georgia.
.Cincinnati, Richmond and Chicago.
Louisville and Nashville, and
' St. Louis and Southeastern.
.Chicago and Northwestern.
. Central of New Jersey.
.Paducah and Elizabethtown.
.Clev., Tuscarawas Valley & Wlieel'g.
.New York, Lake Erie and Western.
.Lake Shore and Michigan Southern.
.Atlantic and Great Western.
.Lake Shore and Michigan Southern.
.Eastern.
.Portland and Ogdensburg.
.Evansville and Terre Haute.
.Evansville and Terre Haute.
.St. Louis and Southeastern.
. St. Louis and Southeastern.
. St. Louis and Southeastern.
.Ovvensboro' and Nashville.
Fairbury, Pontiac and Northwestern. .Illinois.. .Chicago and Paducah.
Fairfield County Connecticut. . . Danbury and Norwalk.
Kairhaven Branch Massachusetts. . .Boston, Clinton, Fitchb'g & New Bed.
Fall River " . . Old Colony.
Fall River Branch " . . Old Colony.
Farmington Canal Connecticut. . .New Haven and Northampton.
Farmington Valley . .New Haven and Northampton.
Fitchburg and Worcester Massachusetts. . .Boston, Clinton, F'burg & N. Bedf d.
Flint River Michigan. . . Flint and Pere Marquette.
Flint and Holly " . .Flint and Pere Marquette.
Florida and Alabama Florida. . .Pensacola.
Florida, Atlantic and( Gulf Central. .. " . .Florida Central.
Florida, Peninsula and Jacksonville... " ..Florida.
Flushing New York. . . Flushing, North Shore and Central.
Flushing and North Side " . .Flushing, North Shore and Central.
Folsom and Placerville California.. .Sacramento and Placerville.
Fort Wayne and Chicago. .Indiana & Illinois. . .Pittsburg, Fort Wayne and Chicago.
Fox Lake Wisconsin. . . Chicago, Milwaukee and St. Paul.
Fox River Valley Illinois. . .Chicago and Northwestern.
Franklin Pennsylvania and Maryland. . .Cumberland Valley.
Franklin and Bristol New Hampshire.. .Northern of New Hampshire.
Franklin and Ohio River Ohio. . .Marietta and Cincinnati.
Franklin and Warren Pennsylvania.. .Atlantic and Great Western.
Fredericksburg and Gordonsville. . , Virginia.. .Potomac, Fredericksburg £ Richm'd.
Fremont and Indiana Ohio. . . Lake Erie and Louisville.
Fremont, Lima and Union " . .Lake Erie and Louisville.
Frostburg Maryland. . . Consolidation Coal.
G
Galena and Chicago Union Illinois. . .Chicago and Northwestern.
RAILROAD COMPANIES MERGED IN OTHER LINES.
1017
NAMES OP THE FORMER COMPANIES.
NAMES OF THE EXISTING COMPANIES TO
WHICH REFERENCE SHOULD BE MADE.
Galena and Illinois River Illinois. .Columbus, Chicago and Ind. Central.
Galveston and Red River Texas.. .Houston and Texas Central.
Galveston, Houston and Junction " ..Galveston, Houston and Henderson.
Geneva and Ithaca New York.. .Geneva, Ithaca and Sayre.
Geneva, Ithaca and Athens " . .Geneva, Ithaca and Sayre.
Genesee and Oakland Michigan. . .Flint and Pere Marquette.
Genesee Valley New York. . .Avon, Geneseo and Mt. Morris.
George's Creek Maryland. . . Consolidation Coal.
Georgia Air Line Georgia. . . Atlanta and Charlotte Air Line.
Georgia and Florida Georgia and Florida.. .Atlantic and Gulf (Florida Branch).
Gettysburg Pennsylvania. . .Hanover June., Hanover & Gettysb'g.
Gilman, Clinton and Springfield Illinois. . .Chicago and Springfield.
Good Spring Pennsylvania.. .Philadelphia and Reading.
Grand Junction Massachusetts. . .Boston and Albany.
Grand Rapids and Fort Wayne Michigan.. .Grand Rapids and Indiana.
Grand Rapids and Holland ' . .Chicago and Michigan Lake Shore.
Grand Rapids and Lake Shore . .Chicago and Michigan Lake Shore.
Grand Rapids and Mackinaw . .Grand Rapids and Indiana.
Grand Rapids and Southern ' . . Grand Rapids and Indiana.
Grand Rapids, Wabash and Cin • . .Cincinnati, Wabash and Michigan.
Great Falls and Conway New Hampshire.. .Portsmouth, Great Falls and Conway.
Great Falls & South Berwick. . JV. //. & Maine. . .Portsmouth, Great Falls and Couway.
Great Western Illinois. . . Wabash.
Great Western of 1859 " . . Wabash.
Green Bay and Lake Pepin Wisconsin.. .Green Bay and Minnesota.
Green Bay, Milwaukee & Chicago.... . .Chicago and Northwestern.
Greenville and Miami Ohio. . .Dayton and Union.
Greenville and Roanoke . . , Virginia & N. (J. . .Petersburg.
Grenada, Houston & Eastern Mississippi.. .Vicksburg and Nashville.
Grennell and Montezuma Iowa. . .Central of Iowa.
H
Hackensack and New York New Jersey. .New Jersey and New York.
Hampshire and Hampden Massachusetts. . .New Haven and Northampton.
Hannibal and Central Missouri Missouri. . .Missouri, Kansas and Texas.
Hanover Branch Pennsylvania. . .Hanover Junct., Hanover&Gettysburg.
Harlem Extension New York. . .Lebanon Springs.
Harlem Extension Vermont. . .Rutland and Bennington.
Hartford and New Haven Connecticut. . .New York, New Haven and Hartford.
Hartford and Providence " . .Hartford, Providence and Fishkill.
Hartford and Springfield Massachusetts. . .New York, New Haven and Hartford.
Hastings and Dakota Minnesota. . .Chicago, Milwaukee and St. Paul.
Hastings, Minnesota River & Red R. " . .Chicago, Milwaukee and St Paul.
Havana, Mason City, Lincoln & East' n.. Illinois. . .Indianapolis, Bloomingtoii & Western.
Hazleton and Lehigh Pennsylvania. . .Lehigh Valley.
Hempfield. . West Virginia and Pennsylvania.. .Wheeling, Pittsburg and Baltimore.
Hickman and Obion Kentucky. . .Nashville, Chattanooga and St. Louis.
Hillsboro' and Cincinnati Ohio. . . Marietta and Cincinnati.
Holden, Labette and Sedalia Missouri. . .Missouri, Kansas & Texas.
Holliday's Cove West Virginia. . .Pittsburg, Cincinnati and St. Louis.
Holly, Wayne and Missouri Michigan. . .Flint and Pere Marquette.
Houghton and Ontonagon " . .Marquette, Houghton and Ontonagon.
Houston and Great Northern Texas. . .International and Great Northern.
Houston Tap and Brazoria " . .International and Great Northern.
Howell and Lansing Michigan. . .Detroit, Lansing and Northern.
Hudson and Berkshire New York. . .Boston and Albany.
1018
RAILROAD COMPANIES MERGED IN OTHER LINES
NAMES OF THE FORMER COMPANIES.
NAMES OP THE EXISTING COMPANIES TO
WHICH REFERENCE SHOULD BE MADE.
Hudson and Boston New York. ."Boston and Albany.
Hudson River New York. . .New York Central & Hudson River.
Huron and Oxford Ohio. . . Sandusky, Mansfield and Newark.
I
Illinois Grand Trunk Illinois.. .Chicago, Burlington & Quincy.
Illinois Farmers' " . . Jacksonv'e, N' western & Soutliea'n.
Illinois River " . .Peoria, Pekin and Jacksonville.
Illinois and Southern Iowa " . . Wabash.
Illinois and Wisconsin " . .Chicago, Milwaukee and St. Paul.
Indiana Central Indiana. . .Columbus, Chicago & Indiana Centr.
Indiana & Illinois Central... Illinois & Indiana. . .'Indianapolis, Decatur & Springfield.
Indianapolis and Cincinnati Indiana. . .Indianapolis, Cincinnati & Lafayette.
Indianapolis, Crawfville & Danville. " . .Indianapolis, Bloomington & West'n.
Indianapolis, Pittsb'g & Cleveland.. Ind. & Ohio. . .Cleveland, Colum., Cinci. & Indianap.
Indianola Texas.. .Gulf, Western Texas & Pacific.
International " . . International and Great Northern.
Ionia and Lansing ..Michigan.. .Detroit, Lansing and Northern.
Ionia, Stanton and Northern " . .Detroit, Lansing and Northern.
Iowa River Iowa. . . Central of Iowa.
Iowa Southern " . .Missouri, Iowa, and Nebraska.
Iron Mountain Michigan. . .Marquette, Houghton & Ontouagon.
Ithaca and Athens New York. . .Geneva, Ithaca and Say re.
Ithaca and Towauda " . .Geneva, Ithaca and Sayre.
J
Jackson and Brandon Mississippi. . .Vicksburg and Meridian.
Jackson, Fort Wayne & Cincinnati. Mich.& Ind. . .Fort Wayne, Jackson and Snginaw.
Jacksonville, Alton & St. Louis Illinois.. .St. Louis. Jacksonville and Chicago.
Jeffersonville : Indiana.. .Jeff son ville, Madison & Indianapolis.
Junction Indiana and Ohio.. .Cincinnati, Hamilton & Indianapolis.
Junction Ohio. . . Lake Shore and Michigan Southern.
Junction (Philadelphia) Pennsylvania. . .Pennsylvania.
Junction Railway Michigan cfc Ohio. . .Toledo, Canada Southern and Detroit.
Junction City & Fort Kearney Kansas.. .Kansas Pacific.
E
Kalamazoo and Schoolcraft Michigan.. .Lake Shore and Michigan Southern.
Kankakee and Indiana.. Illinois.. .Cincinnati, Lafayette and Chicago.
Kansas Midland Kansas. . .Kansas City, Topeka and Western.
Kansas and Neosho Valley " . .Missouri River, Fort Scott and Gulf.
Kennebec and Portland "'. Maine . .Maine Central.
Kenosha and Beloit Wisconsin.. .Chicago and Northwestern.
Kenosha and Rockford. . . Wisconsin <& Illinois. .Chicago and Northwestern.
Kenosha, Rockford & R'k Isl. " " . .Chicago and Northwestern.
Kenosha and State Line Wisconsin. . .Chicago and Northwestern.
Keokuk, Fort Des Moines & Minn Iowa. . .Des Moines Valley.
Keokuk, Iowa City and Minnesota " . .Keokuk and Northwestern.
Keokuk and Kansas City Missouri. . .St. Louis, Kansas City and Northern.
Keokuk and St. Paul Iowa. . .Chicago, Rock Island and Pacific.
King's Mountain South Carolina. . .Chester and Lenoir.
Knoxville and Kentucky Tennessee. . .Knox ville and Ohio.
L
Labette and Sedalia Missouri. . .Missouri, Kansas City and Texas.
KAILKOAD COMPANIES MERGED IN OTHEK LINES.
1019
NAMES OF THE FORMER COMPANIES.
NAMES OF THE EXISTING COMPANIES TO
WHICH REFERENCE SHOULD BE MADE.
Lackawanna and Bloomsburg. ..Pennsylvania.. .Delaware, Lackawanna & Western.
Lackawanua and Su.sque.Penn. & New York.. .Delaware & Hudson Canal (owners).
Lackawanna and Western Pennsylvania.. Delaware, Lackawanna & Western.
La Crosse and Milwaukee Wisconsin. . .Chicago, Milwaukee and St. Paul.
Lafayette and Indianapolis Indiana.. .Indianapolis, Cincinnati & Lafayette.
La Grange and Memphis Tennessee.. .Memphis and Charleston.
Lake Erie and Pacific Ohio. . . Lake Erie and Louisville.
Lake Erie,Wabash and St. Louis. . Ohio & Ind. . . Wabash.
Lake Ontario Shore New York.. .Rome, Watertown and Ogdensburg.
Lake Ontario & Hudson River " . . Adirondack.
Lake Shore of Western Michigan.. .Michigan.. .Chicago and Michigan Lake Shore.
Lake Shore and Tuscarawas Valley Ohio. . .Lake Shore, Tus. Val. & Wheeling.
Lake Superior and Mississippi Minnesota. . .St. Paul and Duluth.
Lansing and Jackson Michigan. .Jackson, Lansing and Saginaw.
La Porte and Lake Michigan Indiana. . .Michigan City and Indianapolis.
Lawrenceburg and Mississippi Indiana.. .Indianapolis, Cincinnati & Lafayette.
Lebanon Valley Pennsylvania. . Philadelphia and Reading.
Lebanon and Pine Grove. ...... " . .Philadelphia and Reading.
Lebanon and Tremont " . .Philadelphia and Reading.
Leeds and Farmington Maine.. .Maine Central.
Lehigh Luzerne Pennsylvania.. .Lehigh Valley.
Lehigh and Mahanoy " . .Lehigh Valley.
Lewy's Island. Maine. . . St. Croix and Penobscot.
Lewiston Illinois. . . Chicago, Burlington and Quincy.
Lewiston New York. . .New York Central and Hudson River.
Lexington and Arlington Massachusetts.. .Boston and Lowell.
Lexington and Danville Kentucky. .Cincinnati Southern.
Lexington and Frankfort . .Louisville, Cincinnati and Lexington.
Lexington and St. Louis Missouri. .St. Louis and Lexington.
Lexington and Southern Kentucky. Kentucky.. .Cincinnati Southern.
Lexington & West Cambridge. .Massachusetts. . .Boston and Lowell.
Liberty and Vienna. . . . Ohio. \ ' ' Cleveland and Mahoning Valley
{ . . Ashtabula, Youngstown & Pittsburg.
Liggett's Gap Pennsylvania.. .Delaware, Lackawanna and Western.
Little Rock and Helena Arkansas. . .Arkansas Central.
Little Rock, Pine Bluff&N. Orleans " . .Little Rock, Mississippi and Texas.
Little Schuylkill Pennsylvania. . .Philadelphia and Reading.
Little Schuylkill & Susquehanna " . .Catawissa.
Lockport and Niagara Falls New York. .New York Central and Hudson River.
Logansport and Pacific Indiana. . .Columbus, Chicago and Ind. Central.
Logansport, Peoria and Burlington.. " . .Columbus, Chicago and Ind. Central.
Long Branch and Sea Shore New Jersey. . .New Jersey Southern. .
Lorberry Creek Pennsylvania. . .Philadelphia and Reading.
Louisa Virginia. . . Chesapeake and Ohio.
Louisville and Frankfort Kentucky. . .Louisville, Cincinnati and Lexington.
Louisville, Cincinnati & Char'ton..>S. Carolina.. .South Carolina.
Louisville, Paducah & South w'n. . .Kentucky.. .Paducah and Elizabethtown.
Lynchburg and Danville Virginia. . . Wash'n City, Va, Midland & Gt. S'n.
M
McCauley's Mountain Pennsylvania. . .Lehigh Valley.
McCauley's M't'u and Bl'k. Creek " . .Lehigh Valley.
McGregor and Sioux City Iowa. .Chicago, Milwaukee and St. Paul.
McGregor Western " . . Chicago, Milwaukee and St. Paul.
Macon and Western Georgia. . . Central of Georgia.
Madison and Beloit Wisconsin. . . Chicago and Northwestern.
1020
RAILROAD COMPANIES MERGED IN OTHER LINES.
NAMES OP THE FORMER COMPANIES.
NAMES OF THE EXISTING COMPANIES TO
WHICH REFERENCE SHOULD BE MADE.
Madison, Fond du Lac and Mich . . . Wisconsin.
Madison and Indianapolis Indiana. .
Madison and La Crosse Wisconsin..
Madison and Prairie du Chien "
Madisonv'e & Shawneet'n Straight Line.. .Ky. .
Mad River and Lake Erie Ohio..
Mahanoy and Broad Mountain. . Pennsylvania. .
Mahanoy and Shamokiu "
Mahanoy Valley "
Manassas Gap Virginia. .
Manchester & North western.. New Hampshire. .
Manitowoc and Mississippi Wisconsin. .
Mansfield and Framingham Massachusetts. .
Mansfield and New Haven Ohio. .
Mansfield and Sandusky City " .
Mansfield, Cold water and Lake Michigan. " .
Marietta and Pittsburg " .
Marion and Cahaba Alabama. .
Marion and Missinewa Valley Indiana. .
Marlboro ugh Branch Massachusetts. .
Marquette and Ontonagon Michigan. .
Marquette and State Line
Martins ville and Franklin Indiana. .
Massillon and Cleveland , Ohio. .
Mauch Chunk & Summit Hill. ..Pennsylvania..
Maysville and Lexington Kentucky. .
Mead ville. . Pennsylvania. .
Memphis Branch Georgia. .
Memphis and Ohio Tennessee. .
Memphis, Carthage & North western. Missouri. .
Memphis, Clarksville and Louisv'e . . Tennessee. .
Memphis, El Paso and Pacific Texas. .
Memphis, Holly Springs & Mobile. Mississippi..
Merrimac & Connecticut Rivs. .N. Hampshire. .
Metropolitan Branch Maryland. .
Michigan Air-Line Michigan and Indiana. .
Michigan Midland Michigan. .
Michigan Southern. . . .Michigan and Indiana..
Mich. South'n & North'n Ind " "
Middleboro' Massachusetts. .
Middleboro' and Taunton "
Middleto*vn Connecticut. .
Midland * Massachusetts. .
Midland Pacific Nebraska. .
Millbury and Southbridge Massachusetts..
Milledgeville and Eatouton Georgia..
Milledgeville and Gordon "
Millville and Glassboro' New Jersey. .
Milwaukee and Beloit Wisconsin. .
Milwaukee and Chicago
Milwaukee and Horicon
Milwaukee and Minnesota
Milwaukee and Mississippi
Milwaukee and Prairie du Ghien..
Milwaukee & St. Paul. Wis. Mich. lowa&Min. .
Milwaukee and Watertown Wisconsin. .
Milwaukee and Western.., "
.Chicago, Milwaukee and St. Paul.
.Jeffersonv'e, Madison & Indianapolis.
.Chicago, Milwaukee and St. Paul.
.Chicago, Milwaukee and St. Paul.
. St. Louis and Southeastern.
.Cincinnati, Sandusky and Cleveland.
.Philadelphia and Reading.
.Philadelphia and Reading.
.Philadelphia arid Reading.
.Wasli'n. City, Va. Midland & Gt. S'n.
.Concord and Claremont.
.Wisconsin Central.
.Boston, Clinton, Fitchburg & N. Bed
.Sandusky, Mansfield and Newark.
.Sandusky, Mansfield and Newark.
. Northwestern Ohio.
.Marietta, Pittsburg and Cleveland.
.Selma, Marion and Memphis.
. Columbus, Chicago & Indiana Central
.Fitchburg.
. Marquette, Houghton and Ontonagon.
.Chicago and Northwestern.
.Fairland, Franklin & Martinsville.
. Cleveland, Mt. Vernon & Delaware.
.Lehigh Coal and Navigation. :
Kentucky Central.
.Atlantic and Great Western.
. Rome.
.Louisville and Nashville.
.Missouri and Western.
.Louisville and Nashville.
. Texas and Pacific.
.Selma, Marion and Memphis.
.Concord and Claremont.
.Baltimore and Ohio.
.Michigan Central.
.Canada Southern.
. Lake Shore and Michigan Southern.
. Lake Shore and Michigan Southern.
.Old Colony.
.Old Colony.
.New York, New Haven & Hartford.
.New York and New England.
. Nebraska.
.Boston and Albany.
.Central of Georgia.
.Central of Georgia.
.West Jersey.
.Chicago and Northwestern.
.Chicago and Northwestern.
. Chicago, Milwaukee and St. Paul.
.Chicago and Northwestern.
.Chicago, Milwaukee and St. Paul.
.Chicago, Milwaukee and St. Paul.
.Chicago, Milwaukee and St. Paul.
.Chicago, Milwaukee and St. Paul.
.Chicago, Milwaukee and St. Paul.
RAILROAD COMPANIES MERGED IN OTHER LINES.
1021
NAMES OF THE FORMER COMPANIES.
NAMES OF THE EXISTING COMPANIES TO
WHICH EEFERENCE SHOULD BE MADE.
Milwaukee, Fond du Lac & Gr.Bay. . Wisconsin. .Chicago. Milwaukee and St. Paul.
Milwaukee, Manitowoc &Gr. Bay.. . " . .Milwaukee, Lake Shore & Western.
Milwaukee, Waukeshe and Miss " . .Chicago, Milwaukee and St. Paul.
Mine Hill ..Pennsylvania. . .Philadelphia and Reading.
Mine Hill and East Mahanoy. . . " . .Philadelphia and Reading.
Mineral Ohio. . .Columbus and Hocking Valley.
Mineral Pennsylvania. . . Sunbury , Hazleton and Wilkesbarre.
Mineral Range and L'Anse Michigan. . .Mineral Range.
Minnesota Central Minnesota.. .Chicago, Milwaukee and St. Paul.
Minnesota and Northwestern " . .Southern Minnesota.
Minnesota Valley " . . St. Paul and Sioux City.
Minnesota and Pacific . . St. Paul and Pacific, 1st Division,
Mississippi Illinois. . .Western Union.
Mississippi Central Mississippi. . .Chicago, St. Louis and New Orleans.
Mississippi River Kentucky. . .Memphis, Paducah and Northern.
Mississippi Central & Tenn..Jtfm. & Tennessee.. .New Orleans, St. Louis and Chicago.
Mississippi and Missouri River Iowa. . .Chicago, Rock Island and Pacific.
Mississippi and Wabash Indiana. . .Toledo, Peoria and Warsaw.
Mississippi, Gainesv. & Tus.. Alabama & Miss.. .Mobile and Ohio.
Mississippi, Ouachita & Red River.. Arkansas.. .Little Rock, Mississippi River & Tex.
Mississippi Valley and Western. . . . Missouri. . .St. Louis, Keokuk and Northwestern.
Missouri Valley . .Kansas City, St. Joseph & Council B.
Mobile and Great Northern Alabama. .Mobile and Montgomery.
Mohawk and Hudson New York. . .New York Central & Hudson River.
Monongahela Valley Pennsylvania.. .Pittsburg, Virginia and Charleston.
Monroe Georgia. . . Central of Georgia,
Monroeville and Sandusky City Ohio.. .Sandusky, Mansfield and Newark.
Montague, Pentwater and M.&mstee..Mic7iigan. . .Chicago and Michigan Lake Shore.
Montclair New Jersey. . .Montclair and Greenwood Lake.
Montgomery and West Point Alabama. . .Western of Alabama.
Monticello Illinois. . .Indianapolis, Bloomington & West'rn.
Montpelier and St. Johnsbury Vermont.. .Portland and Ogdensburg (Vt. Div.).
Moselern Branch Pennsylvania. . .Philadelphia and Reading.
Mound City Illinois.. .Illinois Central.
Mount Carbon Pennsylvania. . .Philadelphia and Reading.
Mount Carbon Coal Illinois.. .Grand Tower and Carbondale.
Mount Savage Maryland. . .Consolidation Coal.
Mount Tom and 'E&Ftlwm-pton.. Massachusetts. . .Connecticut River.
Murphysboro' and Shawneetown Illinois. . .Carbondale and Shawneetown.
Muscatine and Oskaloosa Iowa. . .Chicago, Rock Island and Pacific.
Muscatine and Tipton " . .Chicago, Rock Island and Pacific.
Muscogee Georgia. . . Southwestern.
Muskegon and Big Rapids Michigan.. .Chicago and Michigan Lake Shore.
Muskegon and Ferry sburg " Michigan Lake Shore.
N
Nanticoke Pennsylvania. . . Lehigh and Susquehanna.
Nashville and Chattanooga Tennessee. . .Nashville, Chattanooga & St. Louis.
Nashville and Memphis Kentucky. . .Louisville and Nashville.
Nashville and North w'n Ten. & Kentucky. . .Nashville, Chattanooga & St. Louis.
Nebraska and Lake Superior Minnesota.. .St. Paul and Duluth.
Neosho Valley Kansas and Missouri. . .Missouri, Kansas and Texas.
Neosho Valley and Holden " " . .Missouri, Kansas and Texas.
New Albany and Salem. . . Indiana. . .Louisville, New Albany & Chicago.
Newark and Elizabeth New Jersey. .Central of New Jersey.
New Bedford Massachusetts. . .Bost., Clinton, Fitchb'g & N. Bedford.
1022
RAILROAD COMPANIES MERGED IN OTHER LINES.
NAMES OP THE FORMER COMPANIES.
NAMES 'OP THE EXISTING COMPANIES TO
WHICH REFERENCE SHOULD BE MADE.
New Bedford and Fall River Massachusetts.
New Bedford and Taunton.. .. "
New Britain and Middletown Connecticut..
Newburg and New York New York. .
New Castle and Frenchtown Delaware. .
New Castle and Wilmington "
New Hampshire Central New Hampshire. .
New Haven and New London. . . .Connecticut..
New Haven, Hartford & Springfield "
New H., M'dletown & Willimantic "
New H., New London & Stonington "
New Jersey New Jersey. .
New Jersey, Hudson & Delaware.
New Jersey Western "
New Lisbon Ohio. .
New London & Stonington Connecticut..
New Lon., Willimantic & Palmer. Con. & Mas..
New Orleans and Ohio Kentucky. .
New Or., Jackson & Gt. Northern. . Lou. & Mis. .
New Orleans, Jackson & Northern "
New Orleans, Mobile & Texas Louisiana..
New Or., Mobile & Texas. . .Lou., Mis. & Ala. .
Ne w Or., Mob. & Chattanooga " " " .
New Or., Opelousas & Gt. Western. .Louisiana. .
N. Or., St. L. & Chicago.. Lou. Ms. Ten.& Ken..
Newtown and Flushing New York. .
New York and Boston Connecticut. .
New York and Boston Massachusetts. .
New York Central New York. .
New York and Erie "
New York and Flushing "
New York and Fort Lee "
New York and Hartford "
New York and Hempstead Plains.. "
New York and New Haven N. Y. & Con. .
New York and Rockaway New York. .
New York and Stonington "
New York, Boston & Montreal. ... "
New York, Kingston & Syracuse. . "
Niagara Falls and Lake Ontario. . . "
Noonashqualuehet. Massachusetts. .
Norfolk County
Norfolk and Petersburg Virginia. .
Northeast and Southwest Alabama. .
Northern Cross Illinois. .
Northern Illinois "
Northern Indiana Indiana..
Northern Kansas Kansas. .
Northern California.
Northern New York. .
Northern Ogdensburg. "
North Louisiana and Texas. .. Louisiana. .
North Missouri Missouri. .
North Shore New York.
Northwestern North Carolina..
Northwestern Pennsylvania..
.Bost., Clinton, Fitchb'g & N. Bedford.
.Bost., Clinton, Fitchb'g &N. Bedford.
.New York, New Haven & Hartford.
.New York, Lake Erie and Western.
. Phila., Wilmington & Baltimore.
.Phila., Wilmington & Baltimore.
. Manchester and North Weare.
.Shore Line (N. Y., N. H. & Hartford).
.New York, New Haven & Hartford.
.Boston and New York Air-Line.
.Shore Line (N. Y., N. H. & Hartford).
.New York, Providence and Boston.
.United New Jersey.
.New Jersey Midland.
.New Jersey Midland.
.Cleveland and Mahoning Valley.
.New York, Providence and Boston.
.New London Northern.
.Memphis, Paducah and Northern.
.Chicago, St. Louis and New Orleans.
.Chicago, St. Louis and New Orleans.
. New Orleans and Texas.
.New Orleans and Mobile.
.New Orleans and Mobile.
.Morgan's Louisiana and Texas.
.Chicago, St. Louis and New Orleans.
.Flushing, North Shore and Central.
. Boston and New York Air- Line.
.New York and New England.
. New York Central and Hudson Riv.
. New York, Lake Erie and Western.
.Flushing, North Side and Central.
.New York, Lake Erie and Western.
.Hartford, Providence and Fishkill.
. Long Island.
.New York, New Haven & Hartford.
.Long Island.
.New York, Providence and Boston.
.Newburg, Dutchess and Connecticut.
. Ulster and Delaware.
.Abandoned 1859.
.Providence and Springfield.
.New York and New England.
.Atlantic, Mississippi and Ohio.
.Alabama Great Southern.
.Chicago, Burlington and Quincy.
.Western Union.
.Lake Shore and Michigan Southern.
. St. Joseph and Denver City.
.California Pacific.
.Ogdensburg and Lake Champlain.
.Ogdensburg and Lake Champlain.
.Vicksburg, Shreveport and Texas.
.St. Louis, Kansas City & Northern.
.Flushing, North Shore and Central.
.Richmond and Danville.
.Pennsylvania.
RAILROAD COMPANIES MERGED IN OTHER LINES.
1023
NAMES OP THE FOKMER COMPANIES.
NAMES OP THE EXISTING COMPANIES TO
WHICH KEFERENCE SHOULD BE MADE.
Northwestern Union Wisconsin.. .Chicago and Northwestern.
Northwestern Virginia West Virginia.. .Baltimore & Ohio (Parkersburg Br.).
O
Oakland and Ottawa Michigan. . . Detroit and Milwaukee.
Ogdensburg New York. . .Ogdensburg and Lake Champlain.
Ogle and Carroll County Illinois. . .Chicago and Iowa.
Ohio and Indiana Ohio and Indiana. . .Pittsburg, Fort Wayne & Chicago.
Ohio and Indianapolis " " . .Cincinnati, Hamilton & Indianapolis.
Ohio and Pennsylvania. Pennsylvania & Ohio.. .Pittsburg, Fort Wayne & Chicago.
Oil Creek Pennsylvania. . .Pittsburg, Titusville and Buffalo.
Oil Creek and Allegheny '* . .Pittsburg, Titusville and Buffalo.
Old Colony and Newport Massachusetts.. .Old Colony.
Outonagon and State Line Michigan. . .Chicago and Northwestern.
Opelika and Talladega Alabama.. . Savannah and Memphis.
Opelika and Tuscumbia . .Savannah and Memphis.
Orange and Alexandria Virginia. \ . .Washington City, Virginia Midland
Orange, Alexandria and Manassas. " [ and Great Southern.
Orion and Minersville Illinois.. .Chicago, Burlington and Quincy.
Ottawa, Oswego and Fox Elver Valley " . .Chicago, Burlington and Quincy.
Owensboro' and Eussellville Kentucky . .Oweusboro' and Nashville.
P
Pacific of Missouri Missouri. . .Missouri Pacific.
Paducah and Gulf. . . . Kentucky & Tennessee.. .Memphis, Paducah and Northern.
Painesville and Hudson Ohio. . .Painesville and Youngstown.
Pana and Spiingfield Illinois. . .Ohio and Mississippi.
Pan-Handle West Virginia. . .Pittsburg, Cincinnati and St. Louis.
Paris and Decatur Illinois.. .Illinois Midland.
Paris and Terre Haute " . .Illinois Midland.
Peapack and Passaic New Jersey. . . New Jersey West Line.
Pemberton and New York " . .New Jersey Southern.
Peninsula ... Michigan. . . Chicago and Northwestern.
Peninsular Indiana & Michigan.. .Chicago and Lake Huron.
Penn Haven and Whitehaven. .Pennsylvania.. .Lehigh Valley.
Penobscot and Kennebec Maine. . .Maine Central.
Pensacola and Georgia Florida. . .Jacksonville, Pensacola and Mobile.
Pensacola and Louisville " ..Pensacola.
Peoria and Hannibal Illinois.. .Chicago, Burlington and Quincy.
Peoria and Oquawka " . .Chicago, Burlington and Quincy.
Peoria and Eock Island " . . Rock Island and Peoria.
Peoria, Atlanta and Decatur " . .Illinois Midland.
Peru and Indianapolis Indiana. . .Indianapolis, Peru and Chicago.
Philadelphia & Columbia (State). Pennsylvania.. .Pennsylvania.
Philadelphia and Sunbury " . .Philadelphia and Erie.
Philadelphia, East'n & Wat'rGap " . .North Pennsylvania.
Pine Grove and Lebanon " . .Philadelphia and Reading.
Pittsburg and Erie " . .Erie and Pittsburg.
Pittsburg and Stenbenville . Pa. &W. Virginia.. .Pittsburg, Cincinnati and St. Louis.
Pittsb'g, Col'b's&Chm Pa., H. Va. & Ohio. . .Pittsburg, Cincinnati and St. Louis.
Pittsburg, Kittanning& Warren. Pennsylvania.. .Allegheny Valley.
Pittsburg, Mt. Vernon & Springfield Ohio.. .Cleveland, Mt. Vernon & Delaware.
Pittsburg,Mt.Vernou, Columbus & Lond'n " . .Cleveland, Mt. Vernon & Delaware.
Pittsburg Railroad and Canal Illinois.. .Illinois and St. Louis.
Placerville and Sacramento Valley. California.. .Sacramento and Placerville.
Port Clinton Ohio. . . Lake Shore and Michigan Southern.
1024
RAILROAD COMPANIES MERGED IN OTHER LINES.
NAMES OF THE FORMER COMPANIES.
NAMES OF THE EXISTING COMPANIES TO
WHICH REFERENCE SHOULD BE MADE.
Port Huron and Lake Michigan. . . .Michigan.. .Chicago and Lake Huron.
Port Kennedy Pennsylvania. . .Philadelphia and Reading.
Portland and Kennebec Maine. . .Maine Central.
Portsmouth and Roanoke Va. & Nor. Car. . .Seaboard and Roanoke.
Potsdam and Watertown New York. . .Rome, Watertown & Ogdensburg.
Poughkeepsie and Eastern " . .Poughkeepsie, Hartford and Boston.
Providence and Bristol Rhode Island. . .Providence, Warren and Bristol.
Providence & Plsiinfield. Rhode Island & Conn.. .Hartford, Providence and Fishkill.
Putnam and Dutchess New York. . .Newburg, Dutchess and Connecticut.
Q
Quakake Pennsylvania.. .Lehigh Valley.
Quincy and Carthage Illinois. . . Chicago, Burlington and Quincy.
Quincy and Chicago " . .Chicago, Burlington and Quincy.
Quincy and Toledo " . . Wabash.
Quincy and Warsaw " . .Chicago, Burlington and Quincy.
R
Racine and Mississippi Wisconsin.. .Western Union.
Racine, Janesville and Mississippi.. " . .Chicago and Northwestern.
Raritan and Delaware Bay New Jersey.. .New Jersey Southern.
Richmond and Covington Indiana. . .Columbus, Chicago & Indiana Cent'!.
Richmond and Miami " . .Pittsburg, Cin. & St. Louis (Lessees).
Richmond and York River Virginia. . . Richmond, York River & Chesapeake.
Ridgefield Park New Jersey.. .Jersey City and Albany.
Ripon and Wolf River Wisconsin.. .Chicago, Milwaukee and St. Paul.
Roanoke Valley. . Virginia & North Carolina.. .Richmond and Danville.
Rochester and Lake Ontario New York.. .New York Central & Hudson River.
Rochester and Lockport . .New York Central & Hudson River.
Rochester and Pine Creek . .Silver Lake.
Rochester and Syracuse ' . New York Central & Hudson River.
Rochester and Syracuse Direct ' . .New York Central & Hudson River.
Rochester, L'port & Niagara Falls.. .. New York Central & Hudson River.
Rockford, Rock Island & St. Louis. . . .Illinois.. .St. Louis, Rock Island & Chicago.
Rock Island & La Salle " . . Chicago, Rock Island & Pacific.
Rockland Central New York. . .Jersey City and Albany.
Rockport and Northern Central Indiana.. .Cincinnati, Rockport & Southwestern.
Rock River Valley Union < . . .. Wisconsin. . .Chicago and Northwestern.
Rockton and Freeport Illinois. . . Western Union.
Rondout and Oswego New York. . .Ulster and Delaware.
Royal Land Company's Railroad. . . . Virginia.. .Potomac, Fredericksburg & Piedm't.
Rutland and Burlington Vermont.. .Rutland.
Rutland & Washington... New York & Vermont. . .Rensselaer and Saratoga.
Rutland and Whitehall Vermont. .Rensselaer and Saratoga.
8
Sabine and Galveston Bay TexM. . .Texas and New Orleans.
St. Clair Illinois. . . Illinois and St. Louis.
St. Joseph and Council Bluffs Missouri.. .Kan.City,St. Joseph & Council Bluffs.
St. Louis and Cedar Rapids Iowa. . .St. Louis, Kansas City and Northern.
St. Louis and Edwardsville Illinois. . .Wabash.
St. Louis & Iron Mountain. . .Missouri & Ark. . . St. Louis, Iron Mountain & Southern.
St. Louis and Santa Fe Missouri. . .Missouri, Kansas and Texas.
St. Louis and St. Joseph " . . St. Joseph and St. Louis.
St. Louis, Alton and Chicago Illinois. . .Chicago and Alton.
St. Louis, Alton and Rock Island Illinois. . .Chicago, Burlington and Quincy.
RAILROAD COMPANIES MERGED IN OTHER LINES.
1025
NAMES OF THE FORMER COMPANIES.
NAMES OF THE EXISTING COMPANIES TO
WHICH REFERENCE SHOULD BK MADE.
St. Louis, Lawrence and Denver.. > Missouri . .Pleasant Hill and De Soto.
St. Louis, Lawrence & Western. . \ & Kansas.. .Kansas City, Topeka and Western.
St. Louis, Mt. Carmel & New Albany ..Illinois. . .Louisville, New Albany & St. Louis.
St. Paul and Chicago Minnesota. . .Chicago, Milwaukee and St. Paul.
San Antonio and Mexican Gulf Texas. . .Gulf, Western Texas and Pacific.
Sandusky and Cincinnati Ohio. . . Cincinnati, Sandusky & Cleveland.
Sandusky City and Indiana " . .Cincinnati, Sandusky & Cleveland.
Sandusky, Dayton and Cincinnati " . .Cincinnati, Sandusky & Cleveland.
San F'rancisco and San Jose California. . .Southern Pacific.
San Francisco, Oakland & Ottawa.. " . .Central Pacific.
San Joaquin Valley " . .Central Pacific.
Sangamon and Morgan Illinois.. . Wabash.
Santa Clara and Pajaro Valley. . . .California. . .Southern Pacific.
Saratoga and Hudson River New York. . .New York Cent, and Hudson River.
Saratoga and Whitehall " . . Rensselaer and Saratoga.
Savannah and Albany Georgia.. .Atlantic and Gulf.
Savannah, Albany and Gulf " . .Atlantic and Gulf.
Schenectady and Susquehanna. . . .New York. . .Schenectady and Duanesburg.
Schenectady and Troy . .New York Cen. and Hudson River.
Schuylkill and Susquehanna. . .Pennsylvania.. .Philadelphia and Reading.
Schuylkill Valley " . .Philadelphia and Reading.
Scioto and Hocking Valley Ohio. . .Marietta and Cincinnati.
Scotland and Mont Alto Pennsylvania.. .Mont Alto.
Selma and Meridian Alabama. . . Alabama Central.
Shamokin and Treverton Pennsylvania. . .Philadelphia and Reading.
Sheboygan and Mississippi Wisconsin. . .Sheboygan and Fond du Lac.
Schuylkill and Susquehanna. . .Pennsylvania. . .Philadelphia and Reading.
Shepaug Valley Connecticut. . . Shepaug.
Sinnemahoning and Portage. . .Pennsylvania. . .Buffalo, New York and Philadelphia.
Sodus Point and Southern New York. . .Ontario Southern.
Somerset and Kennebec Maine. . .Maine Central.
Southbridge and Blackstone . , .Massacfiusetts. . .New York and New England.
Southeastern Michigan Michigan.. .Detroit, Canada Southern and Toledo.
Southern Mississippi Mississippi.. . Vicksburg and Meridian.
Southern Pacific Texas. . . Texas and Pacific.
Southern Transcontinental " . .Texas and Pacific.
South Georgia and Florida Georgia. . .Atlantic and Gulf.
South Pacific Missouri. . .St. Louis and San Francisco.
South Shore Massachusetts. . .Old Colony.
South Side New York. . . Long Island.
South Side Virginia. . . Atlantic, Mississippi and Ohio.
Southwark Pennsylvania. . .Philadelphia, Wilmington and Bait.
Southwest Pacific Missouri. . . St. Louis and San Francisco.
Spartanburg and Union South Carolina. . . Spartanburg, Union and Columbia.
Springfield and Illinois Southeastern. .Illinois.. .Ohio and Mississippi.
Springfield and Mansfield Ohio. . .Clevel'd, Col'b's, Gin. & Indianapolis.
Springfield, Mt. Vernon and Pittsburg. .. " . .Clevel'd, Col'b's, Cin. & Indianapolis.
Stanton and Northern Michigan.. .Detroit, Lansing and Northern.
State Line and Union Illinois. . . Chicago and Northwestern.
Steubenville and Indiana Perm, and Ohio.. .Pittsburg, Cincinnati and St. Louis.
Stoughton Massachusetts. . .Boston and Providence.
Sugar River New Hampshire. . . Concord and Claremont.
Sullivan and Erie Pennsylvania. . . State Line and Sullivan.
Sunbury and Erie " . .Philadelphia and Erie.
Susquehanna " . . Northern Central.
Susquehanna, Gettysb'g & Potomac " . .Hanover June., Hanover & Gettysb'g.
Sussex Mine New Jersey. . . Sussex.
65
1026
RAILROAD COMPANIES MERGED IN OTHER LINES.
NAMES OP THE FORMER COMPANIES.
Sussex Valley New Jersey.
Syracuse and Chenango New York. .
Syracuse and Chenango Valley. . . "
Syracuse and Utica
Syracuse and Utica Direct
Syracuse Northern "
NAMES OF THE EXISTING COMPANIES TO
WHICH REFERENCE SHOULD BE MADE.
.New Jersey Midland.
. Syracuse, Chenango and New York.
.Syracuse, Chenango and New York.
.New York Central & Hudson River.
.New York Central & Hudson River.
. Rome, Watertown and Ogdensburg.
Tallahassee . . .Florida. . .Jacksonville, Pensacola & New York.
Taunton Branch Massachusetts. . .Boston, Clint'n, Fitchb'g& N. Bedf'd.
Tebo and Neosho Kansas. . .Missouri, Kansas and Texas.
Tennessee and Alabama Tennessee. . .Nashville and Decatur.
Tennessee and Alabama Central. . " . .Nashville and Decatur.
Terre Haute and Richmond .Indiana. . .Terre Haute and Indianapolis.
Texas, Mississippi R. & North w'n. .Arkansas. . .Little Rock, Mississippi Riv. & Tex.
Texas Pacific Texas. . . Texas and Pacific.
Thompson and Willimantic Connecticut.. .New York and New England.
Toledo and Illinois Illinois. . . Wabasli.
Toledo and Wabasli Ohio & Indiana. . . Wabasli.
Toledo, Logansport and Burlington. .Indiana.. .Columbus, Chicago & Indiana Cen.
Toledo, Logansport and Pacific . .Columbus, Chicago & Indiana Cen.
Toledo, Norwalk and Cleveland Ohio. . .Lake Shore and Michigan Sou-hern.
Toledo, Tiffin and Eastern " . . Northwestern Ohio.
Toledo Wabasli and Western. . Ohio, Ind. &11L . . Wabasli.
Tbnawanda New York. . . New York Central & Hudson liiver.
U
Union and Logansport Indiana. . .Columbus, Chicago & Indiana Cen.
Union and Titusville Pennsylvania. . .Pittsburg, Titusville and Buffalo.
Union Pacific, Eastern Div Kansas & Col. . .Kansas Pacific.
Union Pacific, Southern Branch Kansas. . .Missouri, Kansas and Texas.
Utica and Schenectady New York. . .New York Central & Hudson River.
Utica, Horseheads and Elmira " . .Utica, Ithaca and Elmira.
V
Valley Stream New York.. .Long Island.
Vicksburg and Jackson Mississippi. . . Vicksburg and Meridian.
Vicksburg, Pensacola & Ship Isla'd . .Mississippi Valley and Ship Island.
Victoria and Columbia Texas. . . International and Great Northern.
Vincennes and Cairo Illinois.. .Cairo and Vincennes.
Virginia and Tennessee Virginia.. .Atlantic, Mississippi and Ohio.
Virginia Central . . Chesapeake and Ohio.
W
Wabash Indiana. . .Evansville and Terre Haute.
Wabasli Valley " ..Wabasli.
Wabash and Western " . .Wabash.
Waco and Northwestern Texas.. .Houston and Texas Central.
Waretown New Jersey. . . New Jersey Southern.
Warren and Franklin Pennsylvania. . .Pittsburg, Titusville and Buffalo.
Warren and Venango . .Dunkirk, Allegheny Val. & Pittsb'g.
Warsaw, Goshen and White Pigeon. Indian a. . .Cincinnati, Wabash and Michigan.
Washington Branch Maryland.. .Baltimore and Ohio.
Waterton and Rome New York. . . Rome, Watertown and Ogdensburg.
Wellsboro' and Lawrenceville. .Pennsylvania.. .Corning, Cowanesque and Antrim.
RAILROAD COMPANIES MERGED IN OTHER LINES.
027
NAMES OP THE FORMER COMPANIES.
NAMES OP THE EXISTING COMPANIES TO
WHICH REFERENCE SHOULD BE MADE.
Western Coalfields North Carolina. . . Western of North Carolina.
Western Pacific California.. .Central Pacific.
Western Massachusetts.. .Boston and Albany.
Western Vermont Vermont.. .Bennington and Rutland.
Whitehall and PJattsburg New York.. .New York and Canada.
Whitestone and Westchester . .Flushing, North Shore and Central.
White Mountains New Hampshire. . .Boston, Concord and Montreal.
Wills Valley Alabama. . .Alabama and Great Southern.
Wilmington and Brandy wine. Del. and Penn.. .Wilmington and Northern.
Wilmington and Charlotte. . . .North Carolina.. .Carolina Central.
Wilmington & Manchester.^/", and 8. Carolina. . .Wilmington, Columbia and Augusta.
Wilmington and Reading Del. and Penn. . .Wilmington and Northern.
Wilmington and Western. ..." " .Delaware Western.
Wilmington and Susquehanna. . .Del. and Md. . .Phila., Wilmington and Baltimore.
Wilmington, Charlotte & Rutherford ton. iV. C. . .Carolina Central.
Winchester and Alabama Tennessee. . .Nashville, Chattanooga £ St. Louis.
Winona and St. Paul Minnesota.. .Chicago and North Western.
Wisconsin and Superior Wisconsin.. .Chicago and North Western.
Wrightsville, York and Gettysburg. . . .Penn. . .Pennsylvania. •
Wyandotte, Kan. City & Northw'n. .Missouri. .Kansas City and Eastern.
Y
York and Cumberland Maine. . . Portland and Rochester.
York and Cumberland Pennsylvania. . .Northern Central.
York and Maryland Line . .Northern Central.
Z
Zerbe Valley Pennsylvania. . .Philadelphia and Reading.
OF
TITLES, OFFICERS, ETC., OF RAILROADS SINCE THE STATEMENTS IN
THE " MANUAL " WERE PRINTED.
BILLERICA AND BEDFORD R. R. — Sold under foreclosure, June 0, 1878.
BOSTON, CONCORD AND MONTREAL R. R. — J. T. Vose, President, vice Lyon,
deceased.
CENTRAL R. R. OF NEW JERSEY. — Directors elected May 31, 1878 : E. S. Barnes,
G. G. Haven, and F. A. Potts, vice Henry Lewis, R. J. Dobbins, and F. A. Comly.
CHICAGO, ST. PAUL AND MINNESOTA (late WEST WISCONSIN) R. R. — W. N.
Ferry, President ; G. W. Winter, Superintendent.
DUBUQUE SOUTHWESTERN R. R.— Bought by the Chicago, Milwaukee and St. Paul
Ry. Co., and operated in connection with the Western Union R. R. D. A. Olin,
Superintendent.
ERIE RAILWAY. — Transferred Junel, 1878, by Receiver, to New York, Lake Erie
and Western R. R. Co,, organized April 27, 1878, with the following directors : H. J.
Jewett, J. J. Goodwin, R. Suydam Grant, John Taylor Johnston, E. D. Morgan, Samuel
Sloan, H. G. Stebbins, G. F. Talnian, J. Frederick Pierson, T. R. Butler, Charles
Dana, New York City ; Homer Ramsdell, Newburg, N. Y. ; S. S. Guthrie, Buffalo.
N. Y.; Cortlandt Parker. Newark, N. J. ; Win. Walter Phelps, Teaneck, N. J. ; J.
Lowber Welsh, Philadelphia ; David A. Wells, Norwich, Conn. H. J. Jewett,
President ; A. P. Macdonough, Secretary ; B. W. Spencer, Treasurer.
GALVESTON, HARRISBURG AND SAN ANTONIO R. R. — J. Converse, Superintendent,
GREEN BAY AND MINNESOTA R. R. — E. F. Hatfield, Jr., President.
HANNIBAL AND ST. JOSEPH R. R. — J. B. Carson, Gen. Manager.
MAINE CENTRAL R. R. — George E. B. Jackson, President, vice Coburn, declined.
MICHIGAN CENTRAL R. R. — Directors elected June 24, 1878 : William H. Van-
derbilt, Cornelius Vanderbilt, William K. Vanderbilt, Augustus Schell, S. F. Barger,
E. D. Worcester, New York City ; Anson Stager, Chicago, 111. ; Ashley Pond, Detroit,
Mich. ; W. L. Scott, Erie, Pa.
MINNEAPOLIS AND ST. Louis R. R. — Charles F. Hatch, Gen. Manager.
NEW ORLEANS, MOBILE AND TEXAS R. R. — Sold under foreclosure, May 31,
1878.
PORT ROYAL R. R. — Sold under foreclosure, June 6, 1878.
ST. Louis, ALTON AND TERRE HAUTE R. R. — Directors elected June 3, 1878:
J. M. Burke and A. Gilkeson, vice Robert Bayard, deceased, and S. J. Tilden. Wm.
Bayard Cutting, President.
UTICA, ITHACA AND ELMIRA RY. — Reorganized. George J. Rice, President,
London.
WABASH, CHESTER AND WESTERN R. R. — Successors to Iron Mountain, Chester
and Eastern R. R. W. G. Barnard, President.
WHITE WATER R. R. — Successors to White Water Valley R. R. Sold under
foreclosure May 2, 1878. Directors : Elijah Smith, Edmund D wight, S. W. Richard-
son, J. S. Fay, Henry Parkman, R. L. Read, J. J. Emery, C. W. Short, and H. C.
Kemble.
VALENTINE & COMPANY, 323 PEARL ST., NEW YORK
MANUFACTURERS » FINE COACH «» CAR VARNISHES
FAIRBANKS SCALES.
ESTABLISHED 1830.
THE CHEAPEST SCALE,
CO3STSI3DERE3D.
-HIGHEST PRIZE-
AT
LONDON, 1851. PARIS, 1867. VIENNA, 1873.
SANTIAGO, CHILI, 1875. PHILADELPHIA, 1876.
SYDNEY, AUSTRALIA, 1877.
FAIRBANKS & CO.,
311 BROADWAY, NEW. YORK.
(I)
o
o
pj
w
o
MACHINISTS' TOOLS,
Machine Shop, Foundry, Smith Shop, and Boiler Shop Equip-
ments. Special Machines for all the requirements
of Locomotive and Railway Repair Shops.
STEAM HAMMERS
Of all Sizes, adapted for Iron or Steel Work, as required.
3B. BEMEIVT Ac SOTS,
Industrial Works, Philadelphia, Pa.
PASSAIC EOLLIITG MILL CO.,
TV. jr.,
MANUFACTURERS OF
SOLID ROLLED BEAMS,
CHANNEL, ANGLE, AND TEE IRON,
" Passaic Best" and " Passaic Refined " Bars,
Boiler and Bridge Rivets, Nuts, etc,
ALSO CONSTRUCTORS OF
WROUGHT-IRON RAILROAD AND HIGHWAY
BRIDGES,
AND OTHER KINDS OF IRON STRUCTURES.
Plans and Estimates furnished at short notice.
Lithograph Sheets of Sections on application.
NEW YORK OFFICE, 138 CHAMBERS STREET.
WATTS COOEE, Pros. W. 0. FAYERWEATHER. Treas. CHA<3. 0. BROWN, En*.
CALVIN WELLS, Preset and Treasurer. JAS. K. VERNER, Secretary.
UL
TENTH STREET, Near PENN AVE.,
Brands of Bar,
Hod, Band, Hoop,
Oval and Half Oval,
IRON.
PLOW-HANDLE ANGLE IRON, HAMMERED CAR AXLES,
CHANNEL IRON, FISH PLATES AND TRACK BOLTS,
AND ALL DESCRIPTIONS OF HEAVY FORGINGS.
B. B, Car Links and B. B. Link and Pin Iron made to Specifications.
Special Shapes of ROLLED or HAMMERED IRON Made to Order. CAR WHEELS Furnished
separately or Fitted to the Axle.
ESTABLISHED IN 1848,
SINGER, NIMICK * CO.,
PITTSBURGH, PA.
MANUFACTURERS OF ALL KINDS OF
.A.1XD ROLLED
Made either by Siemens- Mar tin (open-hearth) process, or in Crucibles.
For BOILERS, FIRE-BOXES, SMOKE STUMS, TANKS, k
BEST REFINED TOOL CAST STEEL
For Edge and Turning Tools, Taps, Dies, Drills. Punches, Shear-Knives,
Cold-Chisels and Machinists' Tools generally.
ALSO,
STEEL FOR RAILWAY PURPOSES GENERALLY.
Represented at 59 Beekman St., New York, by
HOGAN & BURROWS, Agents.
LITTLE GIANT INJECTOR,
Best in the World!
IN USE ON 207 RAILROADS.
jOBOHtt
Ooen to \vorlc promptly, no
liot.
BE USED TO BUN BY IN
PLACE OF PUMP.
RUE MANUFACTURING CO.,
523 Cherry Street, Philadelphia, Pa.
OF
FRIED. K R U P P,
ESSEN, GERMANY,
TIRES, AXLES, SPRING STEEL, &c
RAILWAY TRAIN BRAKES.
REPBESENTED BY
THOMAS PROSSER & SON,
1.5 GOLD ST., NEW YORK.
MANUFACTURERS OF
RAILROAD CAR WHEELS
-FROM-
Salisbury Iron
CHAS. H. CHAPIN,
Pres't and Treas.
WM. H. BARNUM,
Vice- Pres't.
WM. K. CHAPIN,
Secretary.
JAMES CAMPBELL,
Superintendent.
No. 1341 Buttonwood St., Philadelphia.
CEDAR TANKS FOR WATER
STATIONS,
From 1,000 to 100,000 gallons
capacity.
A long experience has shown
that Cedar is the best material
that can be used for Water Tanks,
beins two to three times as durable
o
as Pine, and can be furnished by
^ us at the same cost.
PHILADELPHIA CAR WORKS,
Street Cars
OF MOST APPROVED STYLES,
LIGHT AND DURABLE,
Full Size, and Reduced Weight,
Office and Works. 3 1st and CHESTNUT STS., PHIL A
PITTSBURGH
Locomotive and Car Works
PITTSBURGH. PA.
Works, 410 Beaver Ave., Allegheny City, Pa.
MANUFACTURERS OP
For Broad or Narroiv-Gange Roads, from Standard
Designs, or according to Specifications,
to Suit Purchasers.
Tanks, Locomotive, Stationary, or Portable Boilers,
Oil-Well Engines and Oil- Well Tools,
FTJFtlSriSHEID -A.T SKCORT 1STOTICE.
Stationary Engines and Machinery of all descriptions built to Specification:.
D. A. STEWA2T, Preiident. WILSON M1LLEB, Secretary and Treasurer, D. A. WIQHTHAN, Superintendent.
MANUFACTURERS OF
PIG IRON, BAR IRON,
Light and Heavy Rails,
SPIKES, SPLICES, BOLTS, &c.
CLEVELAND, OHIO.
POWER
The "Abbe" Patent Bolt Forging Machine is the standard. Send for reduced prices of that and the Palmer
Power Spring Hammer of which we are sole manufacturers. Machine Tools, Blacksmith's Tools, Wood-Working
Machinery, Engines and Boilers for Railroad Equipment a specialty. Send for circulars.
Bolt Machines, Steam Hammers, Power Hammers, Machine Tools,
Blacksmith's Tools, Wood Working Machinery, Engines, Boilers,
Second-hand Machinery, Steam Pumps, Pumps, Car Machinery, Planers, (Iron and Wood,) Lathes,
Fire Apparatus, Hose, Belting.
JB. O. r'OH.S^LITH c*3 OO.,
Machinists and General Machine Dealers, MANCHESTER, N. H.
10
PHENIX IRON COMPANY
410 Walnut St., Philadelphia, Pa,,
MANUFACTURED OP
WROUGHT-IRON ROOF TRUSSES,
Either Straight, Curved or Hipped, with Wrought-Iron Purlins and Jack Rafters
for covering with Sheet Iron or Slate.
PATENT WEOUGHT-IEON COLUMNS,
For Top Chords, or Posts of Bridges, Piers, Public Buildings, Gas Holders, Sugar
Sheds, etc. Any size from 3X to 14 inches diameter.
For Bottom Chords of Bridges, of any size or length, made by Hydraulic Pressure,
without welding.
WROUGHT-IRON BEAMS, GIRDERS and JOISTS,
And all kinds of Iron Framing used in the construction of Fireproof Buildings.
DECK BEAMS, CHANNEL BARS, ANGLE AND ^ BARS CURVED TO
TEMPLATE WHEN REQUIRED. " PHfENIX BEST" REFINED
BAR IRON, SASH, LADDER, HAND-RAIL AND PURLIN
IRON, RAILROAD IRON AND STREET RAILS
OF ALL PATTERNS AND WEIOHT.
Also a specialty of Wrought-Iron Platform and House- Car Framing, for freight
and other kinds of Railroad Cars, made complete for Railroad and
Car Manufacturing Companies.
SAMUEL J. REEVES, Prat 410 Walnut St., Philadelphia, Pa.
Phoenixville Bridge Works of Pa,
Office, 410 WALNUT ST., PHILADELPHIA.
CLARKE, REEVES & CO.,
DESIGN AND CONSTRUCT ALL KINDS OF
111-
AND SIMILAR STRUCTURES.
The attention of the officers of Railway Companies is called to our •• ALBUM OF DESIGNS," showing
the various styles of Iron Railway Bridges, Viaducts, etc., that we have constructed and are prepared
to construct, which we will smid'by mail to any person requiring such structures. We are prepared to
furnish first-class Iron Bridges in as short a time as any other bridge builders can do. and at very
reasonable rates. We refer to the officers of the following Railway Companies, for whom we have
constructed since October, 1870. and are now constructing over 100 spans, amounting to 17,600 lineal
feet of first-class IRON BRIDGES :
Chicago, Kurlington and Quinci/ — Illinois Central — Chicago and Northwestern —
Philadelphia, Wilmington and Baltimore — Connecticut Air -Line— Portland
and Kennebrc — Northern Pennsylvania — Philadelphia and Reading — Port-
land and Of/densburgh—Neu} York Central and Hudson Hiver bridge
Co. — Cambria Iron Co.—Catawissa R. R. Co. — Chesapeake and Ohio
— Camden and A.mboy — Philadelphia and West Chester — Ohio
and Mississippi — Grand Trunk of Canada — Inter-Colonial
of Canada.
Address,
CO
*»
4 1O Walnut Street, Philadelphia
METCALF, PAUL & CO.
Railroad
7
MANUFACTURERS OF
S IP IE O X .A.
STANDARD
SOLID STEEL
Picks.
No. 331 PENN AVENUE,
PITTSBURC. Pa.
Thomas, May & Company,
- MANUFACTURERS OF THE STANDARD
SPOKE WHEELS
Spoke Engine Truck Wheels a Specialty.
Cor. Tenth and Sheldon Sts. Manapolis, IM.
OXFORD IRON CO.
Out ]>Tails and
PIG IRON,
BOLTS, NUTS, CLINCH NAILS, ETC.,
81, 83, and 85 Washington Street,
JAMES S. SCRANTON, Agent. 1STEW YORK
CAR MANUFACTURING Co.
Harrisbnrg, Pennsylvania,
MANUFACTURE
PASSENGER, MAIL, BAGGAGE, BOX, GONDOLA, COAL,
AND ALL OTHKK KINDS OF
RAILROAD CARS,,
RAILROAD CAR WHEELS AND CASTINGS,
BRIDGE AND ROLLING MILL CASTINGS,
BRIDGE RODS, BOLTS AND
RAILROAD FORGINGS.
W. T. HILDRUP, Superintendent.
WILLIAM CALDER, President.
JOHN MURPHY, Agent.
14
Particular Attention given to Narrow-Gauge Work.
15
Reed's Railway Varnishes.
PRICE LIST.
Railway Car Finishing, • $5 50
Inside Car Finishing, • • 5 00
Locomotive Finishing, • 4 50
Railway Car Rubbing • • 5 00
Inside Car Rubbing, • • • 4 00
Locomotive Rubbing, • • 3 50
Improved Car Japan Dryer, • 1 75
COACH, CAR AND LOCOMOTIVE London Marine for Stacks, • 1 75
"WT1 A -D WTTOTTpjCI When ordered in ^Barrels and
* ^ Half Barrels, 25 cents
Office: 112 East 14th St., New York- per gallon less.
WE INVITE SPECIAL ATTENTION OF THE PURCHASING AGENTS. _
NICHOLSON FILE COMPANY
SOLE MANUFACTURERS OF
FILES and RASPS,
With the Patent Increment Cut-
Also the following SPECIALTIES :
Patent Double-Ender Saw File, Stub Files and Holder,
Rifflers, Machinists' Scrapers, Butchers' Steels,
Both for Vise and Broad Surface Filing, and
IMPROVED FILE
In two forms — Card, Brush and Scorer combined, or Card and Scorer alone.
16
NATIONAL LOCOMOTIVE WORKS
W. EC. B^LlLY & CO.,
mitf actttf ers of LocomofiYes*
Light and Narrow -Gauge Locomotives a Specialty.
All Material and Workmanship Guaranteed to be of the Very Best,
OFFICE AND WORKS AT CONNELLSYILLE, PA.
KELLOGG & MAURICE,
Office and Works, Athens, Pa.
SPAN 161 FEET
IRON AND WOODEN
BRIDGES,
Roofs, Turn-Tables, etc.
NT
17
i
Manufacturers and Dealers in
Bar, Sheet, and Boiler Iron,
NAILS, STEEL SPLICES AND BOLTS, WASHERS, ETC.
*>
GENERAL AGENTS FOR
DILWORTH'S RAILROAD SPIKES,
OTIS IRON AND STEEL CO.'S
Celebrated Homogeneous Plate and Spring SteeL
Office, 68 "Washington St., Warehouse, Cor, Clark and Taylor Sts.,,
JOSEPH SCHOFIXEIiD
DEALER IN
COTTON I WOOLEN WASTE
For CLEANING MACHINERY, PACKING CAR BOXES.
FACTOR: AND OFFICE, k, mt n aid 1730 SOUTH sins STREET,
18
DIAMOND STATE CAR-SPRING COMPANY.
JAMES F. KATES,
Eighth Street and
P.W. &B. R. R.,
WILMINGTON, DEL.
.EUREKA EDGE ROLLED HEBBARD SPRING. ELLIPTIC AND LOCOMOTIVE
BUFFER SPRING, AUBUesand^numUrofcoU. SPRINGS °f ""' t^'orde"0" ™**
Manufacturers of IMPROVED FLAT AND ROUND BAR NEST SPRINGS,
OP THE BEST GRADE OP CAST SPRING- STEEL. ALSO
SPIRAL SPRINGS OF ETERY DESCRIPTION MADE TO ORDER,
JAMES C. PICKELS, Qen'l Ag-ent.
PATENT PORTABLE VALVE SEAT ROTARY PLANING MACHINE,
MANUFACTURERS
or
Railway Repair Shops.
No. I
Is Designed for Facing Off
Valve Seats of Locomotive
AND OTHER
ENGINES.
1025 HAMILTON ST.,
3XTO. 3 PHILADELPHIA. PA., U.S.A.
No. 2
7s specially adapted to
Boring Out
Locomotive Cylinders,
and Driving Boxes in
their places,
BT REMOVING ONLY ONE OK BOTH
HEADS AND PISTON.
No. 3
Is Designed for Turning Off
CRANK PINS IN POSITION,
and while the wheels are under
THE
ENGINE.
INTo. 2.
PATENT PORTABLE CRANK PIN MACHINE,
PATENT PORTABLE LOCOMOTIVE CYLINDER BORING MACHINE.
19
JOSEPH KINSEY, President.
E. V. CHERRY, Vice Pres't. OLIVER KINSEY, Secretary.
POST * COMPANY,
MANUFACTURERS OP AND DEALERS IN
METALS AND MACHINERY,
161, 163 & 165 WEST PEARL STREET,
Corner Elm,
MANUFACTURERS OP
Locomotive Head Lights, Steam Gauges, Conductors'
Punches, Metal Spinnings, Car Fixtures, Lamps and Lan-
terns, Car and Switch Locks, Car Brasses,
DEALERS IN
Ingot Copper, Pig Tin, Pig. Lead, Boiler Flues, Burden's
Bivets, Locomotive Jacks, Hydraulic Jacks, Track Jacks,
Screw Jacks, Belting-Rubber and Leather, Shovels, &c.
FOR TRANSPORTATION OF
BEEP,
• POULTRY,
BUTTER,
EGGS,
FRUIT,
And all kinds of Perishable
Goods, Summer and Winter.
CHAS. F. PIERCE,
MANAGER,
74 Washington Street, Chicago, III.
PROVED THROUGH HOT-
TEST OF AUGUST.
20
RICHARD DUDGEON,
No, 24 Columbia Street, New York,
THE MAKER AND PATENTEE OF IMPROVED
1C Ji
Boiler Tulle Expanders anil Direct-Acting Steam Hammers.
R. DUDGEON'S PATENT CRANK-PIN JACK.
As used at Rogers' Locomotive Works and by other principal
Locomotive Builders and R. R. Companies.
Communications by Letter will receive Prompt Attention.
E-syoW. FLE\I B LE-sP /\FJ.C o • Li [vii JED-
By combining with Flexible Shaft and Drill
Press, our recently patented
"ROUNDABOUT TRANSFER" AND COUNTERSHAFT,
WE OBTAIN A
COMPLETE PORTABLE DRILL,
Commanding the entire shop.
GRIFFIN CAR WHEEL CO.
MANUFACTURERS OF
Eailroad Car Wheels
l»f
OFFICE AND "WORKS,
Cor Foundry St. and M. C. R.R.,
DETROIT, Mich.
LOUISVILLE CAR WHEEL
AND
RAILWAY SUPPLY COMPANY,
LOUISVILLE, KT.,
Guarantee an individual Mile-
age on Car Wheels of
50,000 Miles,
AND ON
ENGINE AND TENDER WHEELS
of 45,000 Miles.
AND
MUEGOODULDEFICIEICIK
& A. HDDLETM & CO,
MANUFACTURERS OF
BESSEMER STEEL,
COMBINED SPIRAL CAR SPRINGS,
WOOL-PACKED SPIRAL SPRINGS,
Godley's Draw- Buffer and Bearing Spring,
AGENTS FOR THE MANUFACTURE OF
PRINCIPAL OFFICE AND MANUFACTORY,
No. 945 RIDSE AVENUE, PHILADELPHIA, PA.
GENERAL WESTERN OFFICE,
No. 122 RANDOLPH STREET, CHICAGO., ILL,.
23
SAMUEL M. FELTON, Presrt. EBEN F. BARKER, Sec. HENRY C. SPACEMAN, Treas.
LUTHER s. BENT, Superintendent.
Pennsylvania Steel Co.,
MANUFACTURERS OF
HAMMERED AND BLOOMED
STEEL RAILS,
STEEL BLOOMS, BILLETS, SLABS,
Heavy Forgings, Railroad Crossings, Frogs, Safety Switches,
Car Replacers, Etc., Etc.
Office, 208 SOUTH FOURTH SL, PHILADELPHIA, PA,
IXXRE1NZ
SWXTOH.
24
son Gil aid Foun
MANUFACTURERS OF
RAILROAD CARS,
-AND-
Loco motived Car Wheels
CHATTANOOGA, TENNESSEE.
CHARLES WASON, President. W. H, PARKER, Superintendent.
F. F. MORRILL, Secretary and Treasurer.
J. LLOYD HAIGH,
MANUFACTURER OF
STEEL AND IRON WIRE
AND
OF EVERY DESCRIPTION
FOR MINING AND HOISTING PURPOSES, TRAMWAYS, INCLINED
PLANES, DERRICK GUYS, ELEVATORS, TRANSMISSION
OF POWER, SHIPs' RIGGING, SUSPENSION
BRIDGE CABLES, Etc., Etc.
These Ropes are manufactured by an Improved and Patented Process, which
insures unlimited length without splicing of strands or twist of individual wires;
securing absolute uniformity of lay. Every piece of wire is tested at each end, and
none used below a fixed standard for Strength, Elasticity and Toughness,
Send for Circular and Price List
P. O. BOX 2339.
Warehouse, 81 John St., New York.
25
LeigntonBriflp and Iron ff orb
<lm*J ^^
THOMAS LEIGETON, President, Kochester, N, Y,
»«••
MANUFACTURERS OF WROUGHT-IRON
m,aili»oacl and
9
Turn Tables, Plate Girders, Wrought-Iron Roofs, Floors, and General
"Wrought-Iron Work for Buildings.
•Continuous [toted Drought-Iron flfater and ^ewer Pipe
The Most Economical and Durable Conduit Pipe Manufactured,
Special and advantageous terms made for cities extending their water
system. Correspondence solicited.
S, T, BAKER & CO.,
295 Pearl Street, New York,
MANUFACTURERS OF
I Machinery, Tallow and Lerd Oils,
AND DEALERS IN
SPERM, WHALE, WEST VIRGINIA LUBRICATING OILS,
^Vxle GJ-rease and. Tallow.
RAILROAD OILS A SPECIALTY.
S. T. BAKER. C. W. It A K Kit. E. H. BAKER.
1
ESTABLISHED 1857. INCORPORATED 1869.
Capital ...... $3,000,000.
.A.T
CHICAGO, ILL., and MILWAUKEE, WIS.
MANUFACTURERS OF
MERCHANT BAR, FISH PLATES,
PIG METAL, IRON RAILS,
-AND-
BESSEMER STEEL RAILS
CAPACITY OF WORKS.
Steel Rails 60,000 tons,
Fish Plates 20,000
Merchant Bar 40,000 "
Pig Metal 80,000 "
Iron Rails 80,000 "
280,000
Total Capacity per year
•*• »•»»
This Company possesses facilities for the production of Iron and Steel of
BEST QUALITY. Any of the usual patterns of Rails and Fish Bars or sizes of
Merchant Bar supplied on short notice. New patterns of Rails or special sizes of
Merchant Iron will be made to order. Prices made for Mill, Foundry or Bes-
semer Pig Metal in quantities of 100 tons and upward.
OFFICES:
17 Metropolitan Block, Chicago, El. 37 Mitchell Block, Milwaukee, Wi:.
0. W. POTTER, President, Chicago.
S, CLEMENT, Treasurer, K. 0, HANNAH, Secretary,
MILWAUKEE.
CHICAGO.
27
Niagara Bridge Works
JBTIFF-A-LO, N. Y.
BUILDERS OF
e
Composite Beams, Roofs, Plate Turn-Tables, Etc., Etc.
Office and Works, FOREST AVENUE, cor. NIAGARA STREET.
G. C. BELL, Manager. S. J. FIELDS, Engineer.
PITTSBURGH STEEL WORKS-ESTABLISHED 1845.
Anderson <&Passavant
TO
ANDERSON & WOODS,
MANUFACTURERS OP
BEST REFINED TOOL, AXE, SPRING, BLISTER, RAKE,
PLOW, SHOVEL, HOE AND TOE CALK,
HOMOGENEOUS BOILER AND TIRE -BOX PLATES
Also Saw Plates, Cast Spring Steel, Frog Points, Axles and
Forgings of every description
Also No. 5 Rods for BriflpM, same as nsed on tne Brooklyn Bridp.
FIRST AVENUE AND ROSS ST., PITTSBURGH, PA.
t W. F. POTTS, SONS & CO., 1,225 Market St., Philadelphia.
Drnnnh II AHA Alt I \LOTHROP & CO., 93, 95 & 97 Oliver Street, Boston.
SRX ! \A. »• PARKER, No. 21 Astor House, New York.
U I U 1 1 U 1 1 IIUUIIUUI ^ TROXELL, HAND Y & GREEK, Baltimore.
28
.ORD'S BOII iR CL EANSING COMPOUND.
For Removing Scale in Steam Boilers.
For Preventing the Formation of Scale in Boilers.
For Neutralizing Mine, Sulphur and Acid Waters.
This article will not only prevent formation of scale, and remove that already
formed, but it will also destroy the injurious effects of all acid or corrosive matter
which is found in water, and prevent the corrosion of Iron, and as eight out of every
ten of all steam boiler explosions are caused by sediment, scale, or corrosion, we will
readily understand the great benefit derived by the use of this simple and cheap
remedy.
B^~ I furnish this Article at a very trifling figure.
A 34 page Pamphlet on Boiler Incrustation, and Chemist's sworn Certificate,
sent free, on application.
Address,
GKEO. -W. LOIR^D,
220 Church Street, Philadelphia, Pa.
MANUFACTURERS OF
Locomotives, Stationary Engines, Mining Machinery,
Mine Pumps, Cars, Car Wheels, Rolling Mill Work,
and Machinery of all kinds.
SCRANTON AND WILKESBARRE, PA.
THE ROGERS
OF
PATERSON, NEW-JERSEY.
New-York Office, 44 Exchange Place,
MANUFACTURERS OF
t
AND OTHER
RAILROAD MACHINERY,
J. S. liOGERS, Pres't, \
11. S. HUGHES, Sec'v, I PATERSON, N. J.
W™> S. HUDSON, Sup't,)
ROBT. S. HUGHES,
Treas
( 44 EXCHANGE PLAGE, NEW-YORK.
30
Nashua Iron and Steel Co.,
MANUFACTURERS OF
IRON AND STEEL FORGINGS
Of all kinds used in Machine Shops, upon Railroads, and for Steam Marine Work. They manufacture
finished CRANKED AXLES from the Best Iron and from Steel. SHAFTING of all sizes.
RAILROAD RAUIPS, for Replacing Cars on Tracks. HYDRAULIC and WINDLASS
CRANES, extra quality BAR IRON, and PLATE IRON of the various qualities. Also the
following articles from
T E EJ
Homogeneous Steel Plates,
for Fire-Boxes and Boilers, etc.
Piston-Rods,
Straight Engine Axles,
Car, Truck, and Tender Axles,
Lathe-Spindles,
Shafting,
Marine Engine Cranks,
Cross Heads, and
Machinery-Steel Bars,
Steel Cranked Axles (finished),
Crank-Pins,
Slide-Bars,
Connecting-Rods,
Weldless Cast-Steel Locomotive Tires,
Made from the best Hammered Material, at a few days' notice, to any size.
Also JAMES A. WOODBURY'S PATENTED
ELASTIC HARDENED-STEEL-TIRED TRUCK AND CAR WHEELS,
Combining safety, durability, and economy. The centres are of Gun Iron and interlock the Steel Tires,
as shown by the cut below.
The Tires are hardened on their faces, as indicated (an entirely new and very important feature
of construction), thus securing a great, amount of endurance and freedom from the irregular wear aud
uncertainty attendant on wheels of other construction.
The centre is made up of two parts, and the wheel is put together by means of a powerful hy-
draulic press. The Tire rests on a rubber packing.
30-inch Wheel, Scale One-Eighth size.
PATENTED:
Nov. 9, 1858, - . . -No, 22,049,
Extended ior seven years from Nov. 9, 18"^.
May 29, 1860, - - - - No. 28,512.
Reissued in two Divisions :
Div. A, Feb. 13, 1872, - - -No. 4,760.
Div. A is extended seven years from May 14, 1872.
Div. B, Feb. 13, 1872, - - No. 4,761.
Div. B is extended seven years from May 29, 1674.
March 2, *869, .... No. 87,496.
March 9, 1869, - - - - No. 87 746.
Orders may be addressed to the Company,
44 Simmons Building, BOSTON, Mass., or NASHUA, N. H.
GEORGE REVETT, Special Agent for Chicago and the Northwest, 194 Lake Street, Chicago.
I, R, ADAMS & CO., Special Agents for St. Louis and the Southwest, 109 N, Third St., St, Louis.
Aug. 3, 1869, -
Sept. 21, 1869,-
May 10, 1870, -
July 25, 1871,-
April 9, 1872, -
April 9, 1872 -
April 23, 1872, -
April 23, 1872,-
July 23, 1872, -
- No. 93,386.
No. 95 122.
- No. 102908.
No. 117,498.
- No. 125649.
No. 125 651.
- No. 126,085.
No. 129,096.
- No. 129655.
31
GEORGE R. WOOD.
BENJ. B. LEMAN.
WOOD & LEMAN
MANUFACTURERS' AGENTS.
STEEL AND IRON RAILS,
RAIL-JOINT FASTENINGS,
OLD RAILS AND CAR WHEELS, STEEL FORGINGL,
IRON FOR BRIDGE WORK, AND ALL
RAILROAD SUPPLIES.
Agents for
THE WESTERN NUT LOCK.
P. O. BOX,
1085.
54 WALL STREET, NEW YORK.
PORTLAND COMPANY,
MANUFACTURE
O T 1 V E3
OIP EVERY
Also, Baggage, Mail, Freight and Construction Cars
EDWARD H. DAVEIS,
President.
GEO F MORSE, GEO. W. BEALE,
Agent and Treasurer. Superintendent.
CORYDON WINCH,
MANUFACTURER OF
BAR IRON,
RAILROAD SPIKES,
mw\
ALSO
SHIP, BRIDGE, AND DOCK SPIKES.
SPECIAL SHAPES AND SIZES OF SPIKES MADE TO ORDER.
34
The "FISHER" Rail Joint Works
MAKE EVERY VARIETY OF THE "FISHER' JOINT.
The Single U Bolt Long Joint, as represented, consists essentially of a flanged beam
two feet long, spiked to two ties and supporting at its centre the ends of contiguous
rails, to which they are firmly held down together by the two ends of the U-bolt pass-
ing vertically through it and the corners of the flanges, with short top bars accurately
fitting the upper surface of rail flanges, enclosing them clear to the stem. The nuts are
screwed down with a wrench four feet long, making the track practically continuous.
There is no jar or " battering " at that joint, and consequently no necessity for any of
the innumerable " inventions of gum " or other " washers," " lock nuts," etc., to " ab-
sorb " the jarring and prevent the loosening of nuts, as is required for every species of
Fish Joint depending upon horizontal bolts for resistance to the vertical strains of
moving loads.
This Joint supports the rail at its weakest point, viz., its extremity, by having the
flanged beam slightly arched upward and so proportioned as to be a little deflected as
the wheel passes the joint, and giving the same elasticity vertically at that point as at
other parts of the rail. It has the whole width of rail base for bearing instead of only
the narrow surface of the rail heads hanging on the thin edges of fish bars. It is well
known to railroad men of experience that the ends of rails cannot be kept up properly
by any joint which omits exterior support. Only bolting the weakest parts of two rails
together, however securely, results after a time in the joint settling, with rolling and
loosening of the joint ties. In the Fisher Long Arched Joint both ties receive the load
at the same time, being distributed over both. The nuts do not become loose,'a,nd. this
because the vertical bolts are not subjected to jarring cross strains. There is very
little wearing of the Joint on account of the large bearing surface, and it may be taken
up directly by half a turn more of the nuts. No slotting or punching of either rail,
flanges or stem is necessary, the only cutting being a half inch circular on the corner
of the flanges at the extreme end for the U bolt, which also furnishes, with the sup-
porting beam spiked to the two ties, the most effectual stop at both ends of rails
against " creeping " of track.
Fish bars wear unequally — greatest at the middle on the edges — so that they cannot
be used a second time on new rails. The " Fisher " Joint wears uniformly and is ap-
plicable to several successive sets of new rails. The Fish Joint requires the sacrifice
of the proper shape of rails in all the rest of their length for application to the two
ends. The Fisher Bail Joint is equally applicable to any rail section, and enables the
use of steel rails of less height, or iron rails with the Erie or "pear-shaped " head.
Finally, it is made and fitted complete, and laying tra^k with this Joint can be done
more rapidly than with any other, as it is not required to be taken apart.
Further information, with the strongest testimonials from four to ten years' experi-
ence of different important roads, will be furnished on application to the above address.
35
CONGDON'S
IMPROVED
CAR BEAKE SHOE.
This Shoe, while being more effective than others, in that greater uniformity of
friction can be obtained when applied to the wheels of a train in motion, without
stopping the revolutions of any until the train is at rest, from reasons as
follows : The granular cast iron detached by action of the wheel is carried in minute
particles, to the section of ductile wrought iron, and becomes a part of its surface,
thereby causing the shoe to hold better, and effectually preventing case hardening of
the wrought iron, as otherwise would be the case ; and the wearing capacity of one
pound of Iron from the " Congdon Shoe " is equal to four pounds or more of
common Cast Iron.
All communications should be addressed to
GEO. M. SARGENT & CO., - - 56 Clark St., Chicago, 111,
RAMAPO WHEEL & FOUNDRY CO., - - Ramapo, N. Y.
J. H. BASS, ... - Chicago, 111., or Fort Wayne, Ind.
36
issouri Car & Foundry Co.,
MANUFACTURERS OF
Box, Platform, Coal, Stock, Baggage and Passenger
OA TP C!
-£A- -ETC/ CD
OF ETERY DESIGN, AND WITH ALL THE MODERN IMPROVEMENTS.
Car Repairs.
All Railroads terminating at St. Louis or East St. Louis are invited to
send their repair work to our Works, where it will receive prompt atten-
tion at a reasonable price.
WHEELS, CASTINGS, and BRASS BEARINGS of very superior quality
and at low prices.
CMflee, 411 NOIMMI ^HIM® g^MMEBTPji
St. Louis, Mo.
WM. McMILLAN, Treasurer and General Manager.
JAS. MCMILLAN, Pres't. JOHN s. NEWBEREY, vice-Pres't. JOHN MCMILLAN, Sec.
Steam Forge Co.
DETROIT, MICH.,
Manufacturers of all Descriptions of
FORGED WROUGHT IRON,
Gar and Driving Axles, Coupling Fins, Links,
Shafting, Draw Bars, Etc.
PQP Qiifl BQilrnQfl Wnrk Q
udl dim Mlludll flfulK d
Office, No. 2 Moffat Block, Detroit, Mich.
Works on River Road, near Clark's Dry Dock.
JOHN B. BAUGH, Manager.
37
MANUFACTURERS OF
tf A •*&£•*. A *IJ HTdKWiiBSf
AND ALL OTHER DESCRIPTIONS OF
t
,
Works, Grand Trunk and Michigan Central R. R. Junction.
OFFICE, No. .2 MOFFAT BLOCK,
JOHN S NEWBERRY, President.
JAMES McMILLAN, Treasurer and Manager.
JAMES McGREGOR. Superintendent
HUGH McMILLAN, Secretary.
Detroit Car Wheel Company,
MANUFACTURERS OF
Railroad and other Castings.
GRAND TRUNK AND MICHIGAN CENTRAL R. R. JUNCTION,
Office, No. 2 Moffat Block,
JOHN S. NEWBERRY. President.
JAMES McMILLAN, Treasurer and Manager.
HUGH McMILLAN, Secretary.
1-v • ,
Llftl.T'Ol I
J^*s t»± WJ. U?
38
"CLEVELAND SPRING Co.,"
f
>^^^ i
MANUFACTURERS OF
LOCOMOTIVE, FREIGHT AND PASSENGER
OAR SPRINGS.
MANUFACTURERS OF
COLD AND HOT PRESSED
ITU
CHAIN LINKS, BRIDGE RIVETS, &c.
CLEVELAND, OHIO.
UNION IRON WORKS CO.,
MANUFACTURERS OF
Railway Iron & Merchant Bar,
SPLICE & ANGLE-BARS,
Small T & Street Rails.
39
W. LOUGHRIDGE,
The first to invent and put in use
A PRACTICAL
Which was adopted and used on all the Passenger Trains
on the Pennsylvania Railroad for ten years, now
Sole Proprietor of the
"LOUCriRIDCE AIR BRAKE,"
Adopted and in daily use on all the Passenger and several Freight Trains on the
Baltimore and Ohio, Ohio and Miss., the "Western Maryland, and Cumberland
and Pennsylvania Railroads, with grades-from 100 to 182 feet to the mile. It
is used on roads in twelve of the different States, as well as in Europe.
The gist of the patented elements (dated in 1862, 1864, 1869, 1873,
1876, and 1877) which distinguish this great invention above all com-
peting Brakes, is,
FIRST, in a reliable AUTOMATIC MECHANISM, that enables
the engineer to deliver on all the brake-shoes in the train the exact required pressure
that will utilize the full retarding friction of each wheel, regardless of weight.
Capable of being adjusted to increase or diminish the pressure on the brakes to suit
loaded or empty cars, thus always insuring the maximum retarding effect on the
train and absolutely preventing the destruction of the wheels by sliding them on the
rail, whether the condition of the rail surface is dry, wet, or in a greasy condition.
SECOND, in the use of a SINGLE PIPE to convey the air from the
Air Reservoir to all the Brake Cylinders in the train, which passes from opposite
sides of the centre line of each car or diagonally under the buffers in a curved line
from one car to the other, thus insuring an easy swinging movement of the pipe that
prevents its collapse, and gives free passage for the air to and from the Brake
Cylinders.
THIRD, in a perfect air-tight Hose Coupling that unites the inflexible pipes
under each car to its fellow-car with a section of gum-hose, capable of being quickly
coupled and uncoupled without the brakesman going under the car, also capable of
quick detachment at the end of trip, to be stored away from thieves and loss. I
respectfully caution all whom it may concern, to avoid using the improvements which
have been recited.
FO UR TH, in great simplicity of pumping apparatus.
FIFTH, in cheapness of repairs and constantly reliable action, as has been
proven by five years' constant work on heavy mountain grades on the Baltimore and
Ohio Railroad.
Address, WM. LOUGHRIDGE,
50 W. Fayette St., Baltimore, Md.
F. O. Box 441. MAY 22d, 1878.
40
CHARLES WILLIAMSJr.
MANUFACTURER OF
Telegraph Instruments, Batteries
-) AND (
Keeps on Hand a Large Supply of
IRON & COMPOUND (STcEo%zT)
Telegraph Wires,
INSULATORS, TOOLS, &c., &.C.,
109 Court Sheet, Boston, Mass,
The Railway Builder,
A Hand Book of Railroad Construction, Equipment,
and Supplies,
By WM. J. NICOLLS, C. E.
In offering this to the Railroad world, the Author realizes the fact
that other books have been published, covering the same ground in de-
tail. His object has been to collect from such works, and the expressed
opinions of many eminent Railroad men, such useful information re-
garding the building, equipping and supplying a Railroad with necessary
material, as will enable those not conversant with Engineering formula
or manufacturers' processes, to familiarize themselves with the subject
without hunting through the long list of books before mentioned. For
those projecting new lines of Railroads, Capitalists, Contractors, Rail-
road Presidents, Superintendents, and others operating Railroads, the
Handbook is chiefly intended as a reliable little work of easy reference,
to assist in estimating the probable cost of construction and material.
Price, $2.00 per copy, bound in leather, flexible sides and back. Address
WM. J. NICOLLS, C. E.,
91 Liberty Street, New York.
42
353
cfcs OO
Manufacturers and Dealers in
General Railroad Supplies,
BROOKS' PATENT LEAD SEALS AND WIRES.
Cross-Wire No. 2 Seals,
with
Detective No. 1 "Wires.
Cross- Wire No. 1 Seals,
with
Detective No. 1 Wires.
Detective
No- 2,
Wire Seals.
f \
These Seals CANNOT BE STRIPPED, or the wire UN BRAIDED, as is the case with the twisted wires.
Patent New Combination.
Cast Iron Seal,
with
Stationary Seal Holder.
Patent Combination Cast Iron
Seal, with Chain Bolt,
for
Freig-ht Cars.
Patent Switch
and
Freight Car
Padlocks.
The Seal consists of an Engraved
Paper Seal, attached to
Cast Iron, in the form
of a Tag.
Adopted and in use by the
Bait. & Ohio K. R.
Locks of all kinds
made to order, to suit
any key furnished,
and guaranteed to fit.
Patent New Combination Paper Seal, with Glass Protector and Seal-Holder.
The Seal must be totally destroyed when the Seal-Holder i* opened. Cannot be re-used or duplicated.
It is a Detective for the Company, and acts a? a "Tracer" in case goods are lost or stolen, and locates
the loss. The Seal consists of an Engraved Paper Seal attached to a Glass Protector.
Full Information with Estimates for every
description of Railway Equipment and Mate-
rial promptly furnished upon application.
Lowest Market Prices given in all cases.
346 Broadway, New York.
43
L
MANUFACTURERS, IMPORTERS, AND DEALERS IN
Car Upholstery and Trimmings of every description,
No. 8 DEY STREET,
L. G. TILLOTSON,
E. S. GREELEY.
York.
Proprietors of New Haven Car Trimming and Lamp Works.
Proprietors of New Haven Car Head Lining and Enamelled
Cloth Manufactory.
Proprietors of the Telegraph and Electrical Works at 137, 139
and 141 Centre Street, New York.
Sole Agents in the United States for the Celebrated Telegraph Wire
manufactured by Kichard Johnson & Nephew, Manchester, England.
Importers of French Manufacture of Pure Mohair Car Plushes
and Scotch Seat Duck, etc., etc.
Sole Agents for Leclanche Battery Co., and for the Bishop Sub-
marine Cables.
Sole Agents for the Patent Cauvet Screw Glass and Kenosha
Insulator.
Manufacturers of Track Torpedoes, Mouldings, Car Locks, Car
Seats, Lamps, and every description of Car Equipment.
Importers of Salter's Balances, Brake Chain, Stub's Tools,
and other Foreign Railway Goods.
Sole Eastern Agents for the Westlake Patent Locomotive Head
Lights.
Wholesale dealers in Rubber Springs, Hose, Packing, Cotton
Waste, Bunting for Signal Flags, etc.
Wholesale dealers in Track Utensils, Shovels, Spades, Picks,
Track Drills, Fish Plates, Bolts, Washers, etc., etc.
Sole Agents for the Mansfield Patent Elastic Frog Co.
Sole Agents for the Silver Lake Soapstone and Lion Packing.
Estimates furnished for any required quantity and styles of Railway
Equipment in all departments, and orders executed at the lowest
prices.
MANUFACTURERS OF ALL KINDS OF
Railroad Machinery
AND ^
OF THE FINEST FINISH.
ALSO ALL KINDS OP
City, Baggage, Mail, Sleeping, Freight,
Dumping, and Coal Cars.
WHEELS and AXLES, STEEL SPRINGS, etc.
IN TACT,
mm THING FOR THE FULL EQUIPMENT OF A ROAD.
From our long experience in Car Building, and our facilities for doing
work, we are enabled to give entire satisfaction in every particular.
We are also extensively engaged in building Iron Vessels and Iron
Steamboats, Steam Engines and Boilers, and Machine "Work in general.
For further particulars address
THE HARLAN AND HOLLINGSWORTH CO.
HEX.-
45
1831.
STEPHEN P, M, TASKER,
CHARLES WHEELER,
T, WISTAR BROWN,
MORRIS, TASKER & CO.,
Pascal Iron Works, Philadelphia, Pa.
Delaware Iron Co., New Castle, Del.
Office, 230 South 3d St., Philadelphia, Pa.
Office and Warehouse, 15 Gold St., N. Y.
Office and Warehouse, 36 Oliver St., Boston, Mass.
MANUFACTURERS OF
Wrought-Iron Welded Tubes,
PLAIN, GALVANIZED AND "COATED,"
TOR
Station Water Columr
PRICES:
Price of 6 inch Swing
Joint, without ornaments
or arm, $45.
Price of 6 inch Station
Plug, ready for connec-
tions, $75.
Price of Column, with
bed-plate ; holding-down
bolts and washers ; con-
necting Pipes; Swing
Joint, with copper arm 9
'feet long; Station Plug;
complete, ready to set up
as shown, $400.
The foundation needs about 14
yds. excavation, and 4 H of
brickwork. There is a Self-act-
ing Cock to prevent freezing.
Lap-Welded American Charcoal
Iron and Lap-Welded
Cast-Steel
BOILER TUBES.
Homogeneous Steel Tube,
FOE PTJMP PLUNGERS,
STATION WATER COLUMNS,
GAS AND STEAM FITTINGS,
BRASS VALVES AND COCKS,
Gas anil Steam Fitters' Tools,
CAST-IRON STEAM, GAS, AND
WATER PIPE.
Street Lamp-Posts and Lanterns, Im-
proved Coal-Gas Apparatus, etc.
46
Manchester Locomotive Works,
Manufacturers of all descriptions of LOCOMOTIVES and the AMOSKEAG
STEAM FIRE ENGINES. They also furnish BOILERS, TANKS, IRON and
BRASS CASTINGS, and any and all parts of their LOCOMOTIVES and STEAM
FIRE ENGINES in duplicate, upon receipt of order.
All orders for work should be addressed to
WM. 0. MEANS, Treas., A. BLOOD, Sup't,
40 Water St., Boston, Mass. Manchester, N. II.
GEORGE H. VINCENT, President.
ROBERT THOMAS, Secretary.
WM. V. HUTCHINGS, Treasurer.
THE ASBESTOS PACKIM COIPAIY,
BASEMENT 25 STATE STREET, CORNER DEVONSHIRE STREET,
D3 O S T O 3XT .
Sole Manufacturers of and Dealers in
PATENTED
ASBESTOS STEAM ROPE PACKING
LOOSE
JOURNAL
STEAM JOINT "
ASBESTOS MILL BOARD,
SHEATHING PAPER,
TIPPED LAMP WICKS,
LINED HAIR PELT,
ASBESTOS PIPE AND BOILER COVERING,
Crude American and Foreign Asbestos in stock, for sale in
quantities to suit purchasers.
These goods are made of pure Asbestos, and are indestructible by heat or acids. All of these articles
are secured by patents owned by this company. Price lists and further information may be obtained by
mail, on application.
O. T. HAM,
President.
47
P. D. W. CLARKE,
Treasurer.
THE
E. F. CLARKE,
Secretary.
Buffalo Steam Gauge & Lantern Go.
General Office and Works, ROCHESTER, N. Y.
New York Office, 95 Liberty Street. Chicago Office, 194 Lake Street,
MANUFACTURERS OF ALL KINDS OF
Aivr> AIR
RAILROAD and SHIP LANTERNS,
TAIL LAMPS, REVOLVING SIGNALS, HAND LAMPS, TARGET AND GAUGE LAMPS,
PATENT BAR OILERS, ETC.
DEALERS IN
Head-Light Glass and Chimneys.
REFLECTORS RE-PLATED, LANTERNS AND GAUGES OF ALL KINDS,
AND LOCOMOTIVE BALANCES REPAIRED AT SHORT NOTICE.
THE DAINTFORTH
Locomotive and Machine Co.,
JOHN COOKE, President.
J. T. BL1UYELT, Tice-President.
WM. BERDAX, Treasurer.
JAS. COOKE, Superintendent.
New York Office, 43 EXCHANGE PLACE
H.
, Ageiat,
117 FRANKLIN ST., BOSTON.
BASEMENT.— 125 Horse-power Engine. 4 Furnaces. 3 Fire-proof Vaults, 300 feet long.
FIRST FLOOR.— Counting-Room, Paper Stock Room. Railway Department.
SECOND FLOOR.— Ticket Press Room. Job Composition Room. Ruling Room. Office of Pathfinder
Guide
THIRD FLOOR.— Job Press "Room. Bindery.
FOURTH FLOOR.— Book Press Room. Hydraulic Presses and Dry Press Room.
FIFTH FLOOR. — Book Composition Room. Electrotype and Stereotype Department.
A very cordial invitation is hereby extended to those who would like to see the
complicate and very interesting operations of Printing to call and inspect the largest
and most thoroughly equipped Printing Establishment in New England.
HILE a reference to the illustration of
our building would indicate that a large
portion was devoted to General Mercantile and
Book work, yet we have not neglected the great
Railroad Interests of the country.
We are the Engravers and Printers of the
Lathe Work Railway and Steamship
Tickets, and manufacturers and dealers in
Ticket- Stamps, Local-Ticket Cases, Cou-
pon-Ticket Cases, Lanterns, Punches,
Badges, Baggage Checks, Blank-Books,
Stationery of every description, Maps,
Leaflets, Folders, Half -Sheet Cards, etc.
Any article needed by Railway Officials, in the
way of Light Supplies, we can supply cheaper
and more promptly than any other house in this
line.
Send for samples and prices.
PARTIES SUBSCRIBING
Only $5. 00 to the
Pathfinder Hallway Guide
Receive by mail or carrier
52 Copies ABC Once a Week
Containing corrected running time of every Railroad
centering in Boston, and correct sailing time
of every harbor and coastwise steamer.
12 Copies Monthly Guide
Containing official publication of all railroad time-tables
issued by the Superintendents of the New
England Railroads.
4 Copies Quarterly Express List
Containing the only accurate list of Expresses in New
England, personally revised by authority of
the Express Companies.
1 Copy Annual Shipping List
Containing a full and accurate list of all the Railroad,
Freight and Transportation Companies car-
rying freight out of Boston.
BAND, AYERY & CO., Publishers.
The PATHFINDER is found in most, and needed in every
counting-room in Boston.
Send for sample issues of each publication.
\
49
The Railroad Gazette,
Published Every Friday, at 73 Broadway, New York, U. S. A,
Subscription, $4.00 per year. Postage, in the United States and Canada, 20 cents per year; to
Great Britain, France, and Germany, $1.04 per year. Payable in advance.
THE RAILROAD GAZETTE HAS A GREATER CIRCULATION THAN THAT OF ALL THE
OTHER RAILROAD PAPERS IN THIS COUNTRY COMBINED; IT 18 THEREFORE
THE BEST ADVERTISING MEDIUM FOR REACHING RAILROAD OFFICERS.
This journal embraces in its field all that relates to railroads, including their construction, equipment, engineering
features, operation and finances. All well-tested and approved inventions and improvements in railroad machinery and
novel features in engineering work are illustrated and described in these pages, and special prominence and care are
given to the progress of the railroad system of the country, giving information which for fullness, accuracy, and
impartiality, it is not approached by any other railroad journal. This information is prepared by experts who have
made a study, each in their several departments, of railroad business, and who are for the most part practical
railroad men.
GAZETTE
A. Complete Record of Five Years of Railroad Business.
Volumes of the Ruilroad Gazcttf, for the years 1872, '73, '74, '75, '76 and '77, (one volume to each year), hand-
somely bound in cloth, with leather backs and corners, can be had at the Railrond Gazette office. These volumes are
thoroughly indexed, the index being classified and arranged in alphabetical order, so that all the news published con-
cerning each railroad company, and all topics treated of during these years, may be found without delay. The volumes
form a complete and reliable history of the changes and notable events of every railroad company in this country, a
record of improvements in railroad machinery and rolling stock illustrated by accurate engravings, and the most valuable
papers on engineering subjects and topics relating to the science of railroad transportation which have ever appeared
in print.
Price, $6 per volume; or $4 for unbound files of each year.
Road-IVIaster9s Assistant and Section-master's Guide*
By WM. S. HUNTING-TON.
Revised and enlarged by Charles Latimer, Chief Engineer, A. & G. W. R. R. 300 pages. 50 illustrations ; pocket
edition on thin paper in leatherette cover, or muslin bound edition on heavy paper, price. $1.50.
Rail-way Revenue and Its Collection.
By MARSHALL M. KIRKMAN.
An officer of over 20 years' experience on one of the greatest railways in the world.— Price, $2.50
Railway Disbursements.
AND THE ACCOUNTS INTO WHICH THEY ARE NATURALLY DIVIDED.
By MARSHALL M. KIRKMAN.
Simple, direct and comprehensive rules for keeping the disbursement accounts of a railroad of any length and for
the government of the various officials in reporting to the accounting officer. 1'rice, $2.00.
The Catechism of the Locomotive,
By M. N. FORNEY, MECHANICAL ENGINEER,
is an elementary treatise on the Locomotive, written in the form of questions and answers. The book contains 609
pages and 250 engravings, including 16 full-page plates of different styles of locomotives. Price, $2.50.
The Economic Theory of the Location of Rail-ways.
By ARTHUR M. WELLINGTON.
The most complete investigation of this subject that has ever been published. Price, $2.00.
RAILROAD QAZETTE PAMPHLETS.
Coat of Railroad Transportation, Railroad Accounts and Governmental Regulation of Railroad
Tariffs, by ALBERT FINK, Commissioner of "West-bound Traffic, New York Central, Erie. Pennsylvania and Baltimore
& Ohio Railroads. SECOND EDITION, WITH TABLES. Price, 7 5 cents.
Locomotives for Rapid Transit Railroads, by M. N. FORNEY, Mechanical Engineer. 31 pages. Illustrated.
Price, 40 cents.
Investigation Into the Cost of Passenger Traffic on American Railroads, with special reference to
the cost of mail service and its compensation, by ALBERT FINK. Price, 75 cents
Railroad Employes In France, by F. JACQMIN, Traffic Manager of the Eastern Railroad of France. Price 25 cents.
English, vs. American Bridges. Price, 25 cents.
The Verrugas Viaduct Compared with Several Other Viaducts. Price, 40 cents.
American Railway Master Mechanics' Association, the Elgnth, Ninth and Tenth Annual Reports. Price,
$1.75 each.
Master Car Builders' Association, Tenth Annual Report. Price, 50 cents.
50
WILSON BROTHERS & CO.,
Civil Engineers, Architects,
AND
CONSULTING ENGINEERS,
410 WALNUT STREET, PHILADELPHIA, PA.
Surveys and Estimates made for Railway lines, and the construction of
Engineering work attended to.
Plans, Specifications and Estimates furnished for Roofs, Bridges, all Rail-
way Buildings, Dwellings, Hotels and Public Institutions. Contracts arranged
and work superintended.
Examinations and Reports made of Railway, Mining and other properties.
Inquiries for Road and Railway Bridges, Railway Material and Machinery
promptly attended to.
Consulting Engineers for all classes of Engineering and Architectural work.
JOHN A. WILSON,
Civil Engineer.
F. C. THORN,
Architect.
JOSEPH M. WILSON,
Civil Engineer & Architect.
C. PARSHAIX'S
Patented May 22d, and June 5th, 1877.
This Lubricator is especially adapted to all loco-
motives; is attached through the boiler into the
dry pipe ; lubrication is always as regular while
descending grades as at other times ; is also
adapted to all other engines. Is patented in
France, England, Belgium, Germany, Austria,
Russia, Italy, Spain and Canada.
For particulars, address
C. H. PARSHALL,
167 Griswold St., Detroit, Mich.
51
SWITCHES,
STEEL
OTHER, R. R. SUPPLIES.
Descriptive Circulars sent upon application.
SECURITY AGAINST RAILWAY ACCIDENTS.
INTERLOCKING SWITCH AND SIGNAL SYSTEMS,
The Toucey & Buchanan Interlocking Switch Co.
is prepared to furnish their new and original Interlocking Switch and Signal System, and the Saxby
& Farmer System, of which they are the sole proprietors in America, which insure absolute certainty
and precision in directing and controlling the most intricate movements of trains, and entire security
against accidents at yards, depots, and other diverging points, where the arrival, departure, and passage
of trains are frequent.
Their use reduces the number of flag, switch, and signalmen to a minimum, and the actual saving
on the pay-roll soon repays the first cost of erection.
Its numerous devices are thoroughly secured by letters-patent of undoubted validity.
By application to J. M. TOUCEY, President, at the Grand Central Depot, New York, its practical
workings may be seen, and its simplicity, economy, and effective service fully realized.
For descriptive Catalogues, address
C. H. JACKSON, Treasurer and Manager,
HARRISBURG, PA.
Williams Tool Co.'s Railroad
COMBINATION
For Fishing Broken or Neiv
Rails without taking them out
of the Track and allowing
Trains to pass during the pro-
gress of repairing. Road Mas-
ters claim that with this Wrench
one man can set the Nuts on
Fish Bar Bolts as rapidly as
six men can with any other
Wrench.
Reversible Ratchet Wrench, $5.
The Wrench is used
with Clamp Brace,
thus making a, Rat-
chet Drill that is
readily applied,
quickly adj uste d,
and effective in exe-
cution. All Wren-
ches and Drills
made of best steel
and for any size
Nuts. Duplicate
parts of tools fur-
nished.
Button B on Handle is
used to reverse Ratchet.
Full Set Tools, $13.
TOOIL, OCX,
Manufacturers and Dealers in
SWITCH LOCK, CAR SEALS, AND GENERAL RAILROAD SUPPLIES.
BRANCH H O USE, OFFICE AND FA CTOR Y,
No. 346 Broadway, New York. Nos. 16 & 18 East 7th St., Cincinnati, O.
ENVELOPES,
The subscribers are largely in the Envelope Manufacturing
Business, making every kind used by Railroads, including the
cheap Manila paper. Also the little Street-Car Envelopes for change
or tickets. All well made and sold at low prices. Samples fur-
nished when requested.
SAMUEL RAYNOR & CO,,
IVos. 11^ and. HT ^W^illiam Street,
YORK.
53
KANSAS
MANUFACTURERS OF
RAILROAD IRON,
AND
FASTENINGS.
OF ANY DESIRED PATTERN OR WEIGHT FUR-
NISHED' ON REASONABLE TERMS,
AT SHORT NOTICE.
WORKS: ROSJED^JLE,
General Office at KANSAS CITY.
A, B, STONE, President,
W, H, HARRIS, Vice-President,
IRA HARRIS, General Manager, -
E, V, WILKES, Secretary, -
- ' 52 William Street, New York.
Cleveland, Ohio.
- Kansas City, Mo.
Kansas City, Mo.
54
CLEVELAND FOUNDRY,
CAR WHEELS
Of all kinds and sizes, with or
tvithout Axles.
Chilled Paced Railroad Frogs, Street
Eailroad Turnouts, Boiling Mill
and Machinery Castings,
BOWLER, MAYER & BRAYTON,
Nos. 9 & 13 Winter Street,
Cleveland, Ohio.
MANUFACTURED BY
A. P. WINSLOW & CO.,
OFFICE, No. 89 SENECA ST., CLEVELAND, OHIO.
Will burn either Hard or Soft Coal and Coke, Baker Heater with Winslow's Safety Tank as
Price of Stove, $40.00. applied to Heater on L. S. & M. S. R. R.
The base of the Stove contains a Copper Tank, holding 16 Gallons water, connected with fire pot by
six inch pipes, and will immediately extinguish the fire when Car is overturned.
"WE REFER. 170 OFFICERS,
C, C. C. & I, R. R, CO, A, SL GT, W, R. R. CO, L, S, & M, S, R, R-CO, P, C, & ST, L, R, R, CO,
M. P, &C, R.R, CO,
55
UNION ROLLINS MILL CO.,
MANUFACTURERS OF
mm
STEEL RAILS
AND
OFFICE,
U. E. cor. Dearborn and Madison Sts.,
m
A. B. STONE, President, . .52 William St., New York.
WM. CHISHOLM, Vice-Pres't and Manager, . . Chicago.
J. B. STUBBS, Secretary, Chicago.
56
Elliot's Patent Steel Rail Frogs and Crossings.
Frogs and Crossings made any angle desired. Kail from 3O to 62 lbs.,per yard.
These Frogs and Crossings are made of steel rail, combined with a wrought-iron frame, and bound together transv.>rsrly
with strong bolts, which gives them great strength and durability without destroying their elasticity. They are connected
at all ends by Fish-plate Joints, and lie on the same tie surface as the running rail without any cutting ol ties, thus paving
a great deal of time and labor in putting in place in track. There are now over two thousand of them in use on broad and
narrow-gauge railroads, throughout the country, and are highly recommended by railroad men who have them in use, tor
their durability and ease to rolling stock in passing over them.
Manufactured by H. &. H. ELLIOT,
EAST ST. L.OUIS,
Draw-Bar.
55,000 ARE NOW IN USE ON 153 RAILROADS.
The only one that received Meritorious Notice from the M. C. B. Committee, in
1876, over thirty contestants. No changes to be made in timbers or connections
in applying- it. Adopted by over seventy Railroads, and endorsed by over 500
Railroad Officials, besides 1000 yard and train men. A pattern and core-box to be
free, and thirty free for trial. Royalty is $1 per car, which is doubly saved in
breakage of Draw-Bars alone. NO MORE INJURED BRAKEMEN !
Inventor and Sole Proprietor,
BUFFALO, N. Y.
57
STEEL RAILROAD PLOW,
WITH WROUGHT STRAP UNDER BEAM.
These Plows are made very strong and heavy for railroad and other heavy work, and will eland any
reasonable strain.
ROAD SCRAPERS.— Two sizes, 30 and 34 in., made with either Steel or Wrought Iron Bottoms.
i
~ d
05 o
No. 1, 34-inch Steel Bottom Road Scraper,
Chain Bail $12.00
" 2,30-inch do do 11.25
3, 34-inch Wrought do do 9.50
No. 4, 30-inch Wrought Bottom Road Scra-
per, Chain Bail $9.25
" 5, 28-inch Cast Iron do do 9.00
6. 26-inch do do... . 8.50
Our discount to the trade will equal anything offered on goods of like quality. Try us and see.
FURST & BRADLEY MANUFACTURING CO.,
63 North Desplaines St., Chicago.
.EJ
STATIONARY-DIE AND REVOLVING-DIE
BOLT CUTTERS & NUT TAPPING MACHINES,
MANUFACTURED BY THE
HOWARD IRON WORKS,
BUFFALO, NB Y.
FOJFl
58
The Continuous Draw-Bar Co.
OF CINCINNATI,
PROPRIETORS Of THE
Allen Middleton Improved Continuous Draw-Bar,
Griffith & Patterson Improved Car Bumper.
N. W. Cor. Fourth & Vine Sts., Cincinnati, Ohio.
ALLEN MIDDLETON, President, 945 Ridge Ave., LAFAYETTE DEVENNEY, Secretary,
PHILADELPHIA, PA. CINCINNATI, O.
SAMUEL GRIFFITH, General Agent, Cincinnati, O.
Advantages of the Continuous Draw-Bar and Bumper.
(1.) It relieves the Car body from all strain on the timbers, in starting a single car or train.
(2.) In a long or short train there is no more strain on the first, car than on the last.
(3.) The Draw Springs will last twice as long, as there is no power brought to bear on the front
apring when drawing a train, and the spring draws but one car.
(4.) When the train is in motion, each car is being pushed along, instead of pulled, on account of
receiving the power on the back spring,
(5.) The train does not stretch in length, except the lost motion in the coupling link.
(6.) The cost of construction is 20 per cent, less, as shown by actual figures.
(7.) The Bumping arrangement is strengthened by the continuous timber behind the spring, mak-
ing it impossible to bump a draw-bar off.
Denison's Patent Cooling and Lubricating Compound,
FOB COOLING AND LUBRICATING HOT JOURNALS.
DIRECTIONS. — For Cars or Engines, pack the Box so that the Compound will come in contact
with the Bearing and Journal, using wasie saturated with oil ; al>o moisten the Compound with oil.
For Shafting, and places where waste cannot be used, mix the compound with oil, and apply to
the Bearing. If the Bearing be very hot, the first application may run off, but two or three applica-
tions will cool it.
When a Journal is hot, don't cool it with water, but apply the Compound ; and no matter litnv
hot it is, it ^vill cool it while in motion,
When you apply new Bearings, fill them with the Compound before putting them on the Axle, and
pack the sides of the Box next to the Bearing with the Compound, and your Boxes will run cool.
For sale by ALLEN MIDDLETON, 945 Ridge lye.,' Philadelphia, C. A. SMITH, 113 Liberty St., New Yorfc,
59
J. M. JONES & CO.,
MANUFACTURERS OF
MAKE AN EXCLUSIVE SPECIALTY OF
Street
Embracing every variety of OPEN AND CLOSE CARS, for
either one or two horses,
WITH ALL, LATE AND VALUABLE IMPROVEMENTS.
WEST TROY, N. Y.
H. E. COLLINS.
J. H. MURDOCK.
H. E. COLLINS & CO.,
175 food Street, Pittsburgh, Pa.
Steel Rails,
Iron Rails,
Rail Fastenings,
R. R. Spikes,
Locomotives, Cars,
Car Axles,
Railroad Supplies.
Old Rails and Railway Scrap.
60
ESTABLISHED 1
THE JACKSON & WOODIN
CAPACITY — 200 Car Wheels per day ; 7 Eight Wheel Cars, or
14 Four Wheel Cars per day.
OFFICERS.
C. R. WOODIN, President.
C. G. JACKSON, Vice-President and Gen'l Manager.
GARRICK MALLERY, Sec'y and Treasurer.
MIANTJIT'ACTTJRERS OIF1
CAR WHEELS AND CARS,
BERWICK, Col. Co., Pa.
Berwick Rolling Mill Co.,
MANUFACTURERS OF
BAR IRON AND AXLES.
OFFICERS.
C. G. JACKSON, Pres't. C. R. WOODIN, Vice-Pres't and Gen'l Manager.
61
MANUFACTURERS OF
Bessemer Steel Hails,
IlfcOIV,
OOTTO1V TIES,
JPI& IROIV,
STEEL BILLETS,
9 Etc.
BLOOMS
WORKS AND OFFICE:
Bethlehem, Northampton County, Fenn.
(Successor to JOSEPH WOOD & CO.),
AV WAV Cl PWI
Al JMI WAI M U i£ Li
... - i.i — ..J I. i I • i . -J — ' —J • • I — *— -^ ^^-^^ ^-- J •. •••J T — ' -
iCB
AND MANUFACTURER OF
Wood's Patent Adjustable Stationary and Spring Steel Rail from,
Wood's Patent Steel Rail Crossings and Switches.
AGENT FOR
Howe's Patent Self-Acting LUBRICATOR, Howe's Self-Acting Journal OILER,
NATIONAL CAR BRAKE SHOE COMPANY,
Nos. 40 and 42 Broadway, New York.
(Room 41.) P. O. Box 1049. JOS. WOOD, Superintendent.
62
ESTABLISHED 1846.
Devoted to the discussion of the Financial Topics of the day ; to original and
selected articles upon the principles and practice of Banking, and the Laws relating
thereto, and to Statistics in reference to Banks, Finance and Political Economy.
In addition to its valuable statistical and economic information, the Banker's
Magazine furnishes reports of all Legal Decisions important to banks and those
dealing with them. Each number contains also a careful record of all recent changes
among banks and bankers.
The volumes of the Banker's Magazine contain a full epitome of financial
events in the United States for the last thirty -two years. As a work of reference
alone it is often invaluable, while its immediate usefulness as a monthly vehicle of
practical information is more widely acknowledged with each succeeding year.
The volume contains 1,000 pages yearly, with a copious index.
Published Monthly, Five Dollars per Year,
By I. S. HOMANS, No. 251 Broadway, New York.
The Banker's Almanac and Register for 1878.
ESTABLISHED 1851.
Containing Full LISTS (carefully corrected to July) of
The National Banks and State Banks of the United States, their location, name,
officers, capital and New York correspondent.
The Private Bankers of every city and town in the United States, name, location,
and New York correspondent.
The Banks and Bankers of Canada and the British Provinces, name, location,
manager or agent, New York correspondent, etc.
An Alphabetical List of the Cashiers of the National Banks and State Banks of
the United States. Also an Alphabetical List of Assistant Cashiers.
The Savings Banks of New England, New York, New Jersey and California ;
their officers, deposits, etc. The Clearing Houses of the United States ; their offi-
cers, etc. The National Banks in Liquidation : Capital and Outstanding Circulation
of each. The Insolvent National Banks ; Date of Insolvency, Capital, Indebtedness,
Dividends. The Directors of the Banks of New York City. The principal Stock
Brokers of New York City.
The Statutes of Limitations on Notes, Accounts, Judgments, etc., in each of the
States and Territories, and in Canada, prepared specially for this volume. The only
complete and correct summary of these Statutes anywhere published.
The Interest Laws and Laws of Grace on Sight Bills in each State and Territory.
A list of Foreign Banks and Bankers, comprising all the principal cities and com-
mercial towns of Great Britain, Europe, Asia, South America, West Indies, etc., (with
Street address of those in London and Paris), compiled and corrected expressly for this
work.
PRICE, THREE DOLLARS.
I. S. HOMANS, PUBLISHER, 251 BROADWAY, NEW YORK.
3?_ O. BOX 4,574. Forwarded to any add re us on receipt of prte*.
63
64
fi, M, CARPENTER,
JAMES WADE, JR.,
Sec'y and Treas,
No. 3 Case Building,
CLEVELAND, 0.
Patented January 1st, 1878.
Address, IRON CLAD PAINT Co., CLEVELAND, O.
This Company owns and manufactures under WM. GREEN'S several patents, and is the only Com-
pany in the world that makes Paint from pure, hard Lake Superior Iron Ore, such as is used in furnaces
lor making Pig Iron.
The Most Economical, Most Fireproof, Most Waterproof, Most
Durable and Most Useful Paint Made.
Used by L. S. & M. S. RY. I. 4 ST. L. R.R. D. & M. R.R. 0. & M. RY. C., C., C. & I. R.R.
The K. P. R.R. CO. L., C. & L. R.R. T., W. & W. RY. C., T. V. & W. R.R. ERIE RY.
N. 0. & MOBILE R.R. MOBILE & OHIO R.R.
Adopted by U. S. Government for Iron Ships' Bottoms, and for Lighthouses.
OFFICE OF PURCHASING AGENT,
LAKE SHOKE AND MICHIGAN SOUTHERN RAILWAY,
CLEVELAND, O., February 1, 1878.
IRON CLAD PAINT Co., Cleveland, O.:
Gentlemen : Your " Metallic Paints," known as " Iron Clad Paints" have in the past eleven years
been extensively used and thoroughly tested by this Company, as to their covering capacity, durability
and resistance to atmospheric changes <l&tter " paint destroyer," the most difficult to overcome in out-
side paints. We have used over two hundred and fifty tone of your paints, and can emphatically accord
them the highest position over any paint heretofore produced, for Cars, Roofs, Stations, Bridges, etc.
The monthly increase of our orders is the best evidence that your paint is constantly growing in favor
with, our mechanics. Very respectfully yours, . A. C. ARMSTRONG.
Gen'l Purchasing Agent L. S. & M. S. R'y Co.
BOSTON, MASS.. Jan. 14, 1878.
THIS IS TO CERTIFY, That I have given the "Iron Clad Paint," of Cleveland, Ohio (which is
claimed by the proprietors superior to " Red Lead," or anything yet discovered for the preserva-
tion of iron), a most thorough and testing trial. From the appearance of a piece of iron I have had im-
mersed in salt water for nearly six months, it appears quite free from all matter of such nature as is
sure to collect and form on ship bottoms : the surface and body of the paint remains perfectly sound
and solid as when first applied. It has been my custom and practice to experiment somewhat extens-
ively with compounds a"d ingredients furnished by different parties in testing the merits ol many
articles for the purpose of coating ships' bottoms, both of wood and iron. I can truly state, both in a
spirit of justice and feeling of great satisfaction, that the " Iron Clad Paint " is far superior to any
mixture I have yet used, and furthermore it seems to be the long-sought-for article needed for the pro-
tection of iron from the effects of salt water and foul matter that collects on all iron surfaces exposed
in this way.
In conclusion I can only say that I fully believe the " Iron Clad Paint " is the beet article yet
offered for a protection to iron from the effects of rust and other causes which tend to destroy the
same. All of which I cheerfully subscribe to. J. HOMER EDGERLY,
Foreman Painter, Boston Navy Yard.
.Chemical Laboratory of Professor P. B. Wilson, Analytical and Consulting Chemist and Metal-
lurgist, Professor of Chemistry in the Washington University.
No. 30 SECOND STREET, BALTIMORE, MD., Oct. 25, 1877.
To the Iron Clad Paint Co., Cleveland, 0.:
GENTLEMEN: Inclosed please find analysis of the three samples of your "Iron Clad Paint,"
which I drew from the original packages. I find an entire absence of anything detrimental, under any
circumstances, to either wood or metal (to which you apply either of the varieties) in their composition,
and will when combined with linseed oil form an indurated covering f or protection against^the weather.
Respectfully,
"BROWN" "HAEMATITE"
OR PURPLE. OR LIGHT BROWN.
Ses-qnox'yd of Iron 93.68 percent. 77.26 percent
Silica 3.20 13.84
Carbonate of Lime 1.84
Alumnia 3.06 7.00
Loss 0.06 0.06
Moisture
Sulphur trace "
£quiv't of metallic Iron. 65. 6O " .54.11 ' ... 42.23
P. B. WILSON.
"ROSSIE"
OR RED.
6O.5O per cent.
18.08
15.66
5.63
0.04
0.29
NOT CALCINED.
NOT BURNT.
FURNISHED DRY AND GROUND IN OIL.
65
FULTON FOUNDRY CO.,
MERWIN STREET, CLEVELAND, OHIO,
WM. F. SMITH, ) S. M. CARPENTER,
CHAS. WASON,
8. M. CARPENTER. ) Superintendent.
•WE ARE NOW PREPARED TO MAKE
BASSETT'S PATENT IRON WRECKING DERRICKS,
WTTH OR WITHOUT C-AJEi.
ALSO
Improved Portable or Stationary Coal Cranes for Railroads,
ALSO MANUFACTURERS OF
DRIVING WHEELS, STEAM CYLINDERS, ROLLS, Etc.,
Dry Sand and all other CASTINGS made to order on short notice.
ALSO SOLE MANUFACTURERS OP
For Street Railways, Rolling Mills, and other purposes.
This table is constructed wholly of Iron, requires no oiling, and no skilled labc,
in setting, as the table is complete within itself.
STEEL CASTINGS,
a 10,000 Ibs. weight, true to pattern, sound and solid, ofunequaled strength
toughness and durability. An invaluable substitute for forglngs or
cast-iron requiring- three-fold strength.
Such as Couplers for Passenger and Freight Cars, Driving
Wheels for Locomotives, Cross-Heads for Locomotives,
Journal Boxes, Brake Blocks and Shoes, Brake
s and Rachet Wheels, Pivot Plate, Frogs,
Crossings, Frog Points, Seat
Backs, Crank Shafts,
Gearing of all kinds, Dies, Hammer Heads, and Railroad and Machinery Castings of
every description.
Send for circular and price-list to
CHESTER STEEL CASTINGS CO.
Evelina St., Philadelphia, Pa, Works: Chester, Pa,
66
THE TRAVELERS'
OFFICIAL GUIDE
IS PUBLISHED UNDER THE AUSPICES OF THE
General Ticket and Passenger Agents' Association.
The Time Tables published in its columns are compiled directly from the Official
Time Tables which are used by the employes, and from information furnished by
the officers in charge of Time Tablfe Departments of the several roads.
It contains, in addition to the List of Officers and their addresses, which are
published at the head of the Time Tables, an Official List of the Officers in charge
of General Ticket Departments, with the names of the parties to whom remittances
and on whom drafts for the settlement of such accounts should be made ; an Official
List of Purchasing Agents, with their addresses; an Official List of Officers in charge
of Car Service Accounts, by whom reports are made, to whom reports should be sent,
and upon whom drafts should be drawn.
The standard of time by which each road is run is noticed at the head of each
table, and, in addition to this, upon the back of the General Map is given a table of
the names of the roads running by the several standards. As there are some seventy-
seven different standards, all with considerable variations of time, the necessity
of this table is apparent. Upon the front page of the.cover of the OFFICIAL GUIDE
is a diagram showing the difference in the time of these standards as compared
with meridian time at Washington. D. C.
One page in the book is devoted to " Explanations of the manner of using the*
OFFICIAL GUIDE." For the benefit of foreigners traveling in this country, a transla-
tion of the " Explanations" is given in the French, Spanish, and German languages.
A large number of fine Maps, showing the lines of the several roads, embellish
its pages, and a ' General Map " of the whole country is bound with it. This Map is
corrected up to the date of each issue, and is believed to be the most accurate Map
of the kind published.
A full list of all names by which the various railroads in the country have
formerly been known, with their present official titles, is also a feature of the book.
Telegraph stations and stations at which coupon tickets are sold are designated,
and the gauge of each road shown. Morning trains are distinguished from afternoon
trains by varying the style of type.
SUBSCRIPTION PEICE, $4.00 PEE ANNUM. SINGLE COPIES, 50 CENTS.
PUBLISHED BY THE
National Railway Publication Company,
233 South Fifth Street, Philadelphia, Pa.
77 and 79 Madison Street, Chicago, 111.
•
67
THE UNITED STATES
ROLLING STOCK COMPANY.
General Offices, 74 and 76 fall Street, Net York.
WOITKS,
CHICAGO, ILK URBAN A, OHIO.
Has constantly on hand for lease to Railroads, Freight
Lines, Mining Companies, and others,
LOCOMOTIVES,
PASSENGER COACHES,
BAGGAGE CARS,
REFRIGERATOR CARS,
OIL TANKS,
BOX, GONDOLA, DUMP,
AND FLAT CARS,
and is also prepared to build for lease sucJi Rolling Stock
as Lessees may require.
A. HEGEWISCH,
Gen9 1 Manager and Secretary.
68
SPECIAL FACILITIES FOR FURNISHING SECTIONAL WORK FOR EXPORTATION.
Shipments made from New YorK or Boston, Daily Capacity, One Passenger and Six Freight Cars,
o
CO
CO
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none but Experienced Workmen, and have on hand a I/arge and
Stock of Seasoned Lumber, Stifficient for Set'eral Years' Consumption
LOCOMOTIVE WORKS,
MANUFACTURERS OF
LOCOMOTIVE^
Adapted for every class of Railway services.
TJie above cut represents our Eight Wheel Standard Gauge Locomotive.
The above cut represents our Three feet Gauge "Mogul" Locomotive.
PRICES.-DETAILED SPECIFICATIONS FURNISHED UPON APPLICATION.
Boilers, Tanks, Wrecking Derrick Castings
MADE TO ORDER.
M. L. HINMAN,
Secretary and Treasurer.
H. G. BROOKS,
President and Superintendent.
70
BLAKE'S PATENT STONE BREAKER
"3
• *
K |
x cs
s »
e: £
*- 5
0 «
/. —
*» *»
fi £
® i.
1 B
*l IN
2 s
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*• c«
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S =
*S 73
0
THE ONLY PRACTICAL, MACHINE FOR
0 «
I I A
A c
5 3 «-'
1 •§ 5
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ft ' ,p
0 S g
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Breaking Stone for McAdam Eoads,
FOR THIS PURPOSK 111 .NDKKDS OF THEM AUK IX USE, AS WKLL AS FOB
More than 1OO tons in ten hours can be broken to 2-inch size.
This Machine is used extensively by the United States Government engineers and others to immense
advantage in
BREAKING STONE FOR CONCRETE.
The New Patent Cubing Jaw Plates for rendering the product more uniform in
•ize will be supplied with each Machine, if desired, without additional cost.
For Illustrated Circular -with, particulars, address
NEW HAVEN, CT.
71
THE
Albany 1 Rensselaer Iron! Steel Go,,
TROY, IV. Y.5
PROPRIETORS OP
THE ALBANY IRON WORKS, THE RENSSELAER IRON WORKS,
THE BESSEMER STEEL WORKS, THE FORT EDWARD
BLAST FURNACE, THE COLUMBIA BLAST FURNACE,
Manufacture and vend Railroad, Ship, and Boat Spikes; Railroad, Car, Truck, Engine, and
Street Car Axles, Fish Plates, Wrought Railroad Chairs with solid and folded lip,
Bolts and Nuts for Fish Joints, all Sizes Merchant and Angle Iron ;
Merchant Bar and Spring Steel, Sleigh-Shoe Steel, Bessemer
Steel Shafting, Crow-Bars, Boiler Rivets, Bessemer Steel
and Iron Cut and Clinch Kails, Finger Bars and
Shapes. Cultivator, Cutter Shoe, and
Safe Steel cut to pattern.
Special Tool, Gun, Cotton Boiler and Sheet Steel.
WALKER'S PATENT IMPROVED HORSE-SHOES, CLOSE'S PATENT WELDED RAIL FROG.
FORT EDWARD AND COLUMBIA PIG IRON FOR SALE.
Also manufacture Bessemer Steel Bails, and Best Quality Iron Rails.
A.II orders addressed to its will receive prompt attention.
JOSEPH KINSEY, President. E. V. CHERRY, Vice Pres't. OLIVER KINSEY, Secretary.
POST * COMPANY,
MANUFACTURERS OP AND DEALERS IN
METALS AND MACHINERY,
161, 163 & 165 WEST PEARL STREET,
Corner Elm,
MANUFACTURERS OP
'
Locomotive Head Lights, Steam Gauges, Conductors'
Punches, Metal Spinnings, Car Fixtures, Lamps and Lan-
terns, Car and Switch Locks, Car Brasses,
DEALERS IN
Ingot Copper, Pig Tin, Pig Lead, Boiler Flues, Burden's
Rivets, Locomotive Jacks, Hydraulic Jacks, Track Jacks,
Screw Jacks, Belting-Rubber and Leather, Shovels, &c.
LOBDELL CAR WHEEL CO
* VILMINO-TO N9 DEL A WARE.
The Oldest Car Wheel Establishment in the Country.
CAPACITY. 300 WHEELS PER DAY.
Manufacture all kinds of WHEELS, from 18 to 50 inches, for
Railway service; also CHILLED WHEE L«S with, turned treads, under
patent of W. W. LOBDELL, guaranteed to give greatly increased
mileage.
Hailroad, Car, Light and Heavy Machine Castings.
ALSO
73
WHEELS FITTED TO AXLES, according to Specification.
WHEELS AND AXLES FITTED COMPLETE.
Prices per Fair depending on their size and kind,
BEST HAMMERED AND ROLLED AXLES,
AT MANUFACTURERS' PRICES.
IRON TRUCKS, FROGS, AND SWITCHES,
HYDROSTATIC WHEEL PRESSES,
CAR-WHEEL BORING MACHINES.
MAKERS OF
Alili KINDS OF WHEELS
FOR HORSE RAILWAYS OR TRAMWAYS,
Suitable for all descriptions of AMERICAN or ENGLISH BAILS.
GEO. G. LOBDELL, President. W. W. LOBDELL, Secretary. P. N. BRENNAN, Treasurer,
6B.
74
GEORGE CHURCH, Pres't and Treas'r.
W. W. SNOW, Snp't and Gen'l Manager.
WHEEL AND FOUNDRY GO.
RAIKEAPO, Rockland Co., Iff. Y.,
MANUFACTURERS OF
FOR
Locomotives, Tenders, Passenger and Freight
Cars, Drawing Room and Sleeping
Coaches, etc.. etc.
LSO HORSE C.A.R WHEELS.
Axles furnished and Wheels fitted com )lete to all kinds of Railroad equipments,
USING EXCLUSIVELY THE CELEBRATED IRONS FROM THE
RICHMOND AND SALISBURY MINES,
Also MANUFACTURERS of the CELEBRATED CONGDON BRAKE SHOE.
75
c
YTJT
8!
mm
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MANUFACTURERS OF
WHEELS
4. B. HULL,
President.
MOSES LYMAN, Jr.,
Treasurer.
W. W. SNOW,
Vice-President.
REGINALD CANNING,
Superintendent.
DRAWING ROOM AND SLEEPING COACHES, LOCO-
MOTIVES, TENDERS, PASSENGER, FREIGHT,
COAL, MINE, AND STREET CARS.
Wheels fitted to Axles, and Axles furnished, if desired.
Castings for all kinds of Cars, Mine Car Wheels, etc.
Celebrated Coal Blast Charcoal Irons only, used in the manu-
facture of our Wheels.
ADDRESS,
WAVERLY, Tioga Co., Mew York.
WORKS AT SAYRE, BRADFORD COUNTY, PA.
Erie Car "Works, LMW,
Capacity, 10 Cars per Day.
FREIGHT CARS OF BEST MATERIAL AND CONSTRUCTION
A SPECIALTY.
WHEELS PER Z>AY.
CAPACITY,
WHEELS MADE BY IMPROVED PROCESS, FAR
EXCEEDING IN DURABILITY THOSE MADE
IN THE ORDINARY WAY.
77
A. H. ANDREWS & Go.
213 WABASH AVENUE, CHICAGO, ILL.,
Have found "THE DESK THE WORLD WAITED FOR" in their new but thoroughly
_^^ tested and perfected
POLYGON "KING OF DESKS."
This most complete Desk furnishes twice the
unobstructed writing surface of any office desk
extant. Its writing-table is rigid, unlike very
many styles. Thoroughly made out of kiln-dried
lumber. The ends revolve back, under, and out
of the way, as no other Cylinder does that we
know of.
IOO STYLES
Office Desks, Chairs, Tables, etc., Lounges,
Settees, Railings, Partitions,
Book Cases, etc.
Railroad Settees, strongest and most
comfortable made, of all lengths.
Also Largest Manufacturers in America of
BEST SCHOOL, CHURCH, BANK AKD
LIBRARY FURNITURE,
OPERA CHAIRS, GLOBES, ETC.
Send for illustrated catalogues.
A. PARDEE, Jr., President, C. W. LEAVITT, Secretary,
3O3 WALNUT STREET, PHILADELPHIA.
H. W, ALLISON, Treas., C. H. NIMSON, Superintendent,
ALLENTOWN, PA.
ALLENTOWN ROLLING MILL CO.,
Mills (late Roberts'), Furnaces, Machine Shops and Foundry at
ALLENTOWN, PA.,
MANUFACTURERS OP
STEAM AND STREET BAILS
OF ALL SIZES,
Pig Iron and Merchant Bars.
.AJL.SO,
KINDS OF
Castings, Machinery, Turn-Tables, Axles, Railroad Cliairs and
Fish Joints, Spikes, Bolts, \uts, Rivets, ete., ete., etc.
78
fe fold tl\te
187$.
Insurance Company
OF LIVERPOOL, ENGLAND.
SUBSCRIBED CAPITAL,
PAID UP "
NET SURPLUS, -
$9,651,500.00.
1,447,725.00.
5,393,140.43.
Insures Dwellings, Stores, Merchandise, Warehouses, etc., against
Loss by Fire, at Equitable Rates.
I
ON SPECIALLY FAVORABLE TERMS.
SATTERLEE, BOSTWICK & MARTIN, Special Agents, 171 Broadway, New York.
A. B. McDONALD and E. P. IEDDALL, Agents & Attorneys, 41 & 43 Wall St., New York,
WALLACE & SONS,
Brass & Copper Rolling Mills
89 CHAMBERS & 71 READE STS., N. ).
WE ARE MAKING A SPECIALTY OF
SEAMLESS BRASS & COPPER TUBES.
Sheet Copper, of all thicknesses, cut to any size.
BRASS AND COPPER WIRE AND BOLTS.
We are now supplying many of the large Railroads and other
consumers of the above articles, and X£.IM~O~\7Cr that with our
SUPERIOR FACILITIES we can give you satisfaction as to quality
and price,
We should be pleased to have you favor us with a
order.
Yours truly,
^^7- A -r.-r- /x «-i-ra cfe.
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I Constructed and under Contract, > jj «
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